Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC)

PAC Income Statement

Financials in millions MXN. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	25,327	25,433	22,534	15,646	11,866	14,319
Revenue Growth (YoY)	-7.06%	12.86%	44.02%	31.85%	-17.13%	12.90%
Cost of Revenue	5,172	5,172	4,476	3,486	2,859	3,190
Gross Profit	20,155	20,261	18,058	12,160	9,007	11,129
Other Operating Expenses	2,508	2,560	1,894	1,235	3,112	1,336
Operating Expenses	5,475	5,135	4,249	3,301	5,199	3,117
Operating Income	14,680	15,126	13,809	8,859	3,808	8,012
Interest Expense	-3,733	-3,369	-2,379	-1,647	-1,389	-1,155
Interest & Investment Income	1,184	1,393	787.97	364.95	323.01	559.04
Earnings From Equity Investments	-0	-	-	-	0	0.08
Currency Exchange Gain (Loss)	-358.05	-340.71	81.42	238.34	-330.48	88.79
Other Non Operating Income (Expenses)	-60.08	-60.08	-29.28	15.85	-37.49	-164.4
EBT Excluding Unusual Items	11,713	12,749	12,270	7,831	2,374	7,341
Gain (Loss) on Sale of Assets	-16.09	5.37	7	2.06	2.9	-0.59
Asset Writedown	-5.34	-5.34	-21.38	-	-	-
Other Unusual Items	6.69	6.69	14.68	-9.35	-	-3.54
Pretax Income	11,705	12,762	12,276	7,829	2,386	7,346
Income Tax Expense	2,741	3,072	3,090	1,786	467.07	1,891
Earnings From Continuing Operations	8,963	9,690	9,185	6,044	1,919	5,455
Minority Interest in Earnings	-202.18	-146.69	-172.33	-46.23	50.15	-94.59
Net Income	8,761	9,543	9,013	5,997	1,969	5,360
Net Income to Common	8,761	9,543	9,013	5,997	1,969	5,360
Net Income Growth	-3.78%	5.88%	50.28%	204.62%	-63.27%	6.41%
Shares Outstanding (Basic)	505	505	508	519	526	526
Shares Outstanding (Diluted)	505	505	508	519	526	526
Shares Change (YoY)	-0.61%	-0.61%	-2.12%	-1.18%	-	-
EPS (Basic)	17.34	18.89	17.73	11.55	3.75	10.20
EPS (Diluted)	17.34	18.89	17.73	11.55	3.75	10.20
EPS Growth	-3.19%	6.53%	53.53%	208.26%	-63.27%	6.41%
Free Cash Flow	7,630	3,491	4,089	6,149	406.46	5,685
Free Cash Flow Per Share	15.10	6.91	8.04	11.84	0.77	10.82
Dividend Per Share	-	-	14.840	14.400	-	-
Dividend Growth	-	-	3.06%	-	-	-
Gross Margin	79.58%	79.66%	80.14%	77.72%	75.91%	77.72%
Operating Margin	57.96%	59.47%	61.28%	56.62%	32.09%	55.95%
Profit Margin	34.59%	37.52%	40.00%	38.33%	16.59%	37.43%
Free Cash Flow Margin	30.13%	13.72%	18.14%	39.30%	3.43%	39.70%
EBITDA	17,505	17,671	16,122	10,909	5,808	9,788
EBITDA Margin	69.12%	69.48%	71.55%	69.72%	48.95%	68.35%
D&A For EBITDA	2,824	2,546	2,313	2,051	2,000	1,776
EBIT	14,680	15,126	13,809	8,859	3,808	8,012
EBIT Margin	57.96%	59.47%	61.28%	56.62%	32.09%	55.95%
Effective Tax Rate	23.42%	24.07%	25.17%	22.81%	19.58%	25.75%
Revenue as Reported	33,224	33,224	27,380	19,015	11,866	16,226

Source: S&P Capital IQ. Standard template. Financial Sources.