Grupo Aeroportuario del Sureste S.A.B. de C.V. ADR (ASR) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$5.09	$4.38	-13.9%	—	$9.6B	—
Q1 26	$6.29	$5.21	-17.2%	—	$8.9B	—
Q4 25	$4.84	$5.03	+3.9%	—	$11B	—
Q3 25	$5.19	$3.84	-26.0%	—	$8.8B	—
Q2 25	$5.82	$3.8	-34.7%	—	$8.7B	—
Q1 25	$5.9	$5.73	-2.9%	—	—	—
Q4 24	$5.82	$5.48	-5.8%	—	$9B	—
Q3 24	$5.46	$5.74	+5.1%	—	$7.5B	—
Q2 24	$5.64	$6.71	+19.0%	—	—	—
Q1 24	$6.51	$6.21	-4.6%	—	$415.2M	—
Q4 23	$5.27	$5	-5.1%	—	$374.9M	—
Q3 23	$5.01	$5.19	+3.6%	—	$6.3B	—
Q2 23	$5.14	$4.61	-10.3%	—	$6.2B	—
Q1 23	$4.64	$4.64	0.0%	—	$6.4B	—
Q4 22	$4	$4.35	+8.7%	—	$7.3B	—
Q3 22	$3.88	$4.22	+8.8%	—	$6.3B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$349.6	—	—	$37.2B	—
FY24	—	$451.7	—	—	$31.3B	—
FY23	—	$340.1	—	—	$25.8B	—
FY22	—	$332.9	—	—	$25.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$9.8B	$12.6B	$15.4B	$16.8B	$12.6B	$18.8B	$25.3B	$25.8B	$31.3B	$37.2B
YoY change	+8.44%	+29.1%	+22.4%	+9.16%	-24.9%	+48.8%	+34.8%	+2.01%	+21.3%	+18.8%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	9.8B	12.6B	15.4B	16.8B	12.6B	18.8B	25.3B	25.8B	31.3B	37.2B
Cost of revenue	4.6B	10.9B	7.5B	8.3B	9.3B	9.9B	10.7B	10.3B	13.5B	19.9B
Gross profit	5.1B	1.7B	7.9B	8.5B	3.4B	8.9B	14.6B	15.6B	17.8B	17.3B
Gross margin	52.7%	13.4%	51.1%	50.7%	26.5%	47.5%	57.8%	60.3%	56.9%	46.6%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	204.8M	204.4M	235.3M	250.2M	232.9M	263.2M	287.1M	319.2M	319.6M	346M
Operating expenses	204.8M	204.4M	100.6M	45.5M	74.1M	263.2M	-59.2M	319.2M	319.6M	346M
Operating income	4.9B	1.5B	7.8B	8.5B	3.3B	8.7B	14.4B	15.2B	17.5B	17B
Operating margin	50.6%	11.7%	50.5%	50.4%	26%	46.1%	56.7%	59%	55.9%	45.6%
Non-operating income, net	40.4M	7.3B	87.8M	-78.9M	243.5M	108.6M	138.1M	-846.9M	2.1B	-1.9B
Pretax income	5B	8.4B	6.9B	7.7B	2.9B	8.1B	14.1B	14.6B	20.4B	15B
Income tax	1.4B	1.6B	1.8B	2B	729.2M	1.7B	3.4B	3.9B	6.3B	4B
Net income	3.6B	6.8B	5.1B	5.7B	2.1B	6.4B	10.6B	10.7B	14B	10.9B
Net margin	37.2%	53.6%	33.2%	33.8%	16.8%	34.1%	42.1%	41.3%	44.8%	29.3%
EBITDA	5.8B	3B	9.8B	10.7B	5.5B	10.9B	17.2B	18.7B	21.5B	21.7B
EPS	121	194.5	166.3	182.2	65.7	199.5	332.9	340.1	451.7	349.6
Diluted EPS	121	194.5	166.3	182.2	65.7	199.5	332.9	340.1	451.7	349.6

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q3 24	Q4 24	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	6.4B	6.2B	6.3B	374.9M	415.2M	7.5B	9B	8.7B	8.8B	11B	8.9B	9.6B
Cost of revenue	1.8B	1.6B	2B	261.7M	113.4M	2.6B	6.6B	3.4B	4.3B	6.4B	3.2B	4.8B
Gross profit	4.7B	4.5B	4.3B	113.2M	301.8M	4.9B	2.4B	5.3B	4.5B	4.5B	5.6B	4.7B
Gross margin	72.2%	73.4%	67.9%	30.2%	72.7%	65.4%	26.4%	60.8%	51.4%	41.5%	63.5%	49.5%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	77.2M	76.3M	83.6M	4.5M	4.4M	65.1M	94.8M	91M	87.3M	79.7M	88.4M	123.3M
Operating expenses	645.1M	616.4M	628.4M	4.5M	46.1M	796.4M	94.8M	888.7M	808.9M	763.1M	934.2M	854.2M
Operating income	4B	3.9B	3.7B	198.9M	255.7M	4.1B	4.5B	4.4B	3.7B	3.8B	4.7B	3.9B
Operating margin	62.2%	63.4%	58%	53%	61.6%	54.8%	49.9%	50.6%	42.2%	34.5%	52.9%	40.6%
Non-operating income, net	-486.9M	-345M	-6.3M	-7.4M	-11.1M	652.7M	670.9M	-1.2B	-380.5M	-186.5M	30.7M	-252.3M
Pretax income	3.5B	3.6B	3.8B	204.2M	253.2M	5B	5.3B	3.3B	3.2B	3.3B	4.2B	3.3B
Income tax	883.6M	924.7M	1B	61.5M	75.3M	1.5B	1.7B	1B	1B	518.6M	1.3B	894.4M
Net income	2.6B	2.6B	2.8B	142.7M	178M	3.5B	3.6B	2.3B	2.2B	2.8B	2.9B	2.4B
Net margin	40.3%	43%	44.3%	38.1%	42.9%	46.4%	39.8%	26%	25.2%	25.6%	33%	24.9%
EBITDA	4.8B	4.7B	4.2B	254.1M	308.8M	5.2B	5.5B	5.4B	5B	5.1B	5.6B	4.9B
EPS	83.7	81.5	90.3	84.6	102.7	112.7	—	71.5	70.5	90.5	93.8	76.5
Diluted EPS	83.7	81.5	90.3	84.6	102.7	112.7	—	71.5	70.5	90.5	93.8	76.5

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	89.2B	113.2B	93.4B	116.2B	102.3B	127.8B	—	8.8B	7.7B	9.7B	7.3B
Enterprise value	90.2B	126.5B	103.3B	123.8B	111B	132.9B	—	7.2B	1B	34.2B	2.1B
Shares outstanding	620.2M	620.1M	620.1M	620.1M	620.1M	620.1M	30M	30M	30M	30M	30M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	24.6	16.8	18.2	20.4	48.1	20	—	0.83	0.55	0.89	13
P/S	9.15	8.99	6.06	6.91	8.1	6.81	—	0.34	0.25	0.26	0.19
P/B	3.92	3.36	2.55	3	2.45	2.79	—	0.17	0.13	0.21	3.12
EV/EBITDA	15.6	42.1	10.5	11.6	20.3	12.2	—	0.39	0.05	1.58	1.89
EV/Sales	9.25	10	6.7	7.36	8.79	7.07	—	0.28	0.03	0.92	0.97
Earnings yield	4.07%	5.96%	5.48%	4.89%	2.08%	5%	—	120.9%	181.5%	112.6%	7.68%
FCF yield	3.02%	4.03%	6.49%	5.07%	-0.38%	5.2%	—	136.8%	144.6%	46.8%	-4.62%
PEG	—	—	—	—	—	—	—	—	—	—	1.84

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	52.7%	13.4%	51.1%	50.7%	26.5%	47.5%	57.8%	60.3%	56.9%	46.6%	49.5%
Operating margin	50.6%	11.7%	50.5%	50.4%	26%	46.1%	56.7%	59%	55.9%	45.6%	40.6%
Net margin	37.2%	53.6%	33.2%	33.8%	16.8%	34.1%	42.1%	41.3%	44.8%	29.3%	26.1%
ROE	16%	20%	14%	14.7%	5.1%	14%	21.7%	20.7%	22.8%	23.5%	22.8%
ROA	12.4%	11.9%	9.11%	9.88%	3.52%	9.72%	15%	15.2%	16.8%	12.2%	11.8%
ROIC	15%	2.53%	12.4%	13.6%	4.84%	13.4%	21.2%	22.3%	22%	17.5%	16.6%
Return on tangible assets	-32%	-15.3%	-11.9%	-14%	-4.84%	-15.2%	-31%	-37.8%	-49.9%	-40.8%	33%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	7.14	2.4	2.49	3.06	2.79	3.08	3.25	3.88	4.36	3.03	3.29
Quick ratio	7.09	2.38	2.47	3.05	2.78	3.06	3.24	3.87	4.35	3.01	3.29
Debt / equity	0.2	0.53	0.4	0.35	0.33	0.3	0.31	0.24	0.22	0.77	0.71
Debt / assets	0.15	0.32	0.26	0.24	0.23	0.21	0.21	0.17	0.16	0.4	0.38
Net debt / EBITDA	0.17	4.43	1.01	0.71	1.59	0.46	0.12	-0.09	-0.31	1.13	1.11
Interest coverage	40.9	14.6	6.62	8.07	4.08	10.6	17.5	14	25.6	10.7	7.48
Effective tax rate	27.9%	19.5%	26%	25.8%	25.5%	21.3%	24.4%	27%	31.1%	27%	26.5%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	15.7	20.3	24.8	27.1	20.4	30.3	843.8	860.7	1K	1.2K	1.3K
EPS (basic)	121	194.5	166.3	182.2	65.7	199.5	332.9	340.1	451.7	349.6	349.6
EPS (diluted)	121	194.5	166.3	182.2	65.7	199.5	332.9	340.1	451.7	349.6	18.7
Book value per share	36.7	54.3	59.1	62.5	67.2	73.8	1.6K	1.7K	2.1K	1.5K	78.1
FCF per share	4.35	7.35	9.77	9.49	-0.63	10.7	358.1	402.5	372.6	151.4	194.9
Cash per share	5.64	7.54	7.39	9.99	8.37	14.1	439.2	462.4	669.4	370.5	388
Capex per share	2.93	2.37	2.64	4.22	0	0.46	0	0	—	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	18.6%	11.7%	10.6%	15.5%	0%	1.52%	0%	0%	—	—	—
Capex / operating cash flow	30.8%	42.7%	16.3%	24.5%	0%	2.53%	0%	0%	—	—	—
Payout ratio	46.4%	27.4%	39.7%	52.8%	0%	38.5%	42.4%	56%	44.7%	219.7%	30%
Dividend yield	1.89%	1.63%	2.18%	2.58%	0%	1.93%	—	67.7%	81.2%	247.4%	9.44%

Yield

9.44%

trailing twelve months

Frequency

Annual

Last dividend

$5.757

ex-dividend May 27, 2026

Payout ratio

30%

of earnings

Dividend growth

4 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
May 27, 2026	$5.757
May 28, 2025	$25.714
Jun 25, 2024	$5.597
May 24, 2024	$6.4698
Nov 27, 2023	$5.7114
May 26, 2023	$5.6528
May 27, 2022	$7.6538
Sep 29, 2021	$3.9926

Period	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q3 24	Q4 24	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$6.4B	$6.2B	$6.3B	$374.9M	$415.2M	$7.5B	$9B	$8.7B	$8.8B	$11B	$8.9B	$9.6B
YoY change	+18.9%	-2.58%	+0.7%	-94.8%	-93.6%	+18.1%	+2.3K%	—	+17.1%	+21.6%	—	+9.91%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	3.5B	4.7B	4.6B	6.2B	5.2B	8.8B	13.2B	13.9B	20.1B	11.1B
Receivables	464.9M	685.5M	793.1M	1B	1.1B	1.9B	2.5B	2.3B	2.8B	2.6B
Inventory	24.4M	50.2M	48.7M	49.7M	34M	57.1M	64.7M	60.4M	58.2M	93.2M
Total current assets	4.2B	5.8B	6B	7.8B	7.7B	11.7B	18.1B	18.7B	25.7B	17.9B
Property, plant & equipment	323.1M	452.3M	536.4M	490.3M	471.1M	148.5M	131.6M	137.8M	205.3M	242.1M
Goodwill & intangibles	40.6B	100.7B	99.2B	98.3B	104.4B	107.9B	105.3B	98.6B	111.8B	116B
Total assets	29.2B	56.6B	56.2B	57.5B	60.4B	65.8B	70.9B	70.3B	83.6B	89.2B
Accounts payable	83.8M	782.1M	455.2M	380.2M	751.1M	690M	538M	511.7M	465.2M	752.2M
Short-term debt	58.3M	513.8M	500.1M	570M	1.2B	602.7M	1.9B	1.3B	1.2B	2B
Total current liabilities	593.2M	2.4B	2.4B	2.6B	2.8B	3.8B	5.6B	4.8B	5.9B	5.9B
Long-term debt	4.4B	17.5B	14B	13.2B	12.8B	13.2B	13.3B	11B	12.2B	33.6B
Total liabilities	6.5B	22.9B	19.5B	18.7B	18.7B	20.1B	21.9B	18.8B	22B	42.8B
Shareholders' equity	22.8B	33.7B	36.7B	38.8B	41.7B	45.8B	49B	51.6B	61.6B	46.4B
Total debt	4.5B	18B	14.5B	13.7B	13.9B	13.8B	15.2B	12.2B	13.4B	35.6B
Net debt	963.1M	13.3B	9.9B	7.5B	8.7B	5B	2.1B	-1.6B	-6.7B	24.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q3 24	Q4 24	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	15.1B	14.5B	16.9B	756.4M	939.5M	18.5B	20.1B	19.8B	16.3B	11.1B	13.8B	11.6B
Receivables	2.5B	2B	1.8B	126.4M	159.1M	2.2B	2.8B	2B	1.5B	2.6B	3B	2.6B
Inventory	—	—	—	3.3M	—	—	58.2M	—	—	93.2M	—	—
Total current assets	20B	18.9B	21.2B	1B	1.2B	23.8B	25.7B	25.5B	21.4B	17.9B	21.3B	18.5B
Property, plant & equipment	164.2M	163.7M	167.3M	7.5M	10.2M	229.6M	205.3M	250.6M	251.3M	242.1M	320.9M	—
Goodwill & intangibles	50.6B	49.4B	49.6B	5.4B	2.7B	52.7B	111.8B	54.5B	54.9B	116B	57.8B	58.7B
Total assets	70.8B	68.7B	71.3B	3.8B	4.1B	78.4B	83.6B	80.5B	76.8B	89.2B	92.4B	90B
Accounts payable	245.8M	246.5M	225.1M	27.9M	13.8M	281.3M	465.2M	254M	272.6M	752.2M	722.2M	614.5M
Short-term debt	1.8B	1.9B	1.1B	68.5M	62.4M	969.6M	1.2B	1.1B	334.1M	2B	2B	1.8B
Total current liabilities	5.6B	7.8B	7.1B	263.2M	273.6M	5.1B	5.9B	13.8B	7.9B	5.9B	6.3B	5.6B
Long-term debt	11.7B	11.3B	11.3B	599.3M	593.7M	11.7B	12.2B	20.6B	20.9B	33.6B	33.4B	32.6B
Total liabilities	20.3B	22B	21.4B	1B	1B	20.5B	22B	38.3B	32.7B	42.8B	42.9B	41.5B
Shareholders' equity	50.5B	46.7B	49.8B	2.8B	3B	57.9B	61.6B	42.2B	44.1B	46.4B	49.4B	48.5B
Total debt	13.5B	13.1B	12.4B	667.7M	656.2M	12.6B	13.4B	21.7B	21.2B	35.6B	35.4B	34.5B
Net debt	-1.6B	-1.3B	-4.5B	-88.6M	-283.4M	-5.9B	-6.7B	1.9B	5B	24.5B	21.5B	22.8B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	5B	8.4B	6.9B	7.7B	2.9B	8.1B	14.1B	14.6B	20.4B	15B
Depreciation & amortization	529.7M	1.2B	1.8B	1.8B	1.9B	2B	2.1B	2.1B	2.3B	3.3B
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	385.8M	552.6M	431.4M	430.6M	-732M	549.7M	-961.8M	-102.8M	-988.6M	1.5B
Operating cash flow	5.9B	3.4B	10.1B	10.7B	4.7B	11.3B	15.6B	16.4B	20.9B	12.3B
Capital expenditure	-1.8B	-1.5B	-1.6B	-2.6B	0	286.3M	0	0	—	—
Investing cash flow	-1.5B	-5.2B	-1.6B	-2.7B	178.9M	63.1M	-157.1M	-2.3B	157.9M	-3.7B
Dividends paid	-1.7B	-1.8B	-2B	-3B	0	-2.5B	-4.5B	-6B	-6.3B	-24B
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-1.7B	709.8M	-5.3B	-3.4B	-199.3M	-2.5B	-6.1B	-8.2B	-8B	-8.7B
Net change in cash	2.7B	-1.1B	3.1B	4.6B	4.7B	8.9B	9.3B	5.8B	13.1B	-142.7M
Free cash flow	2.7B	4.6B	6.1B	5.9B	-391.4M	6.7B	10.7B	12.1B	11.2B	4.5B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q3 24	Q4 24	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	3.5B	3.6B	3.8B	204.2M	253.2M	5B	5.3B	3.3B	3.2B	3.3B	4.2B	3.3B
Depreciation & amortization	516.7M	508.4M	519.9M	28.6M	30.4M	601.5M	610.8M	610.9M	940.9M	1.1B	786.4M	814.6M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-5M	92.4M	212.6M	-22M	-30.3M	259.2M	-782M	760.3M	157.8M	-1.3B	-406.4M	238.6M
Operating cash flow	4B	4.2B	4.5B	198.1M	244.7M	5.6B	5B	2.7B	4.5B	2.3B	3.6B	3.6B
Capital expenditure	-143M	-152.9M	-367.4M	36.2M	-10.2M	-1B	—	—	—	—	—	—
Investing cash flow	-207.1M	-489.6M	-429.9M	36.2M	-5.6M	-1.3B	-127.6M	1.4B	-62.9M	-5.5B	-33.6M	78.7M
Dividends paid	0	-3B	0	-163.6M	0	0	0	-15B	-4.5B	-4.5B	0	-3B
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-762.3M	-3B	-814M	-166.5M	-8.3M	-127M	-5.3M	-5.5B	-4.6B	1.5B	-129.3M	-3.3B
Net change in cash	3.1B	641.2M	3.3B	67.8M	230.8M	4.2B	4.9B	-1.4B	-176.4M	-1.6B	3.5B	369.5M
Free cash flow	3.7B	2.9B	3.3B	119.3M	182.8M	2.8B	1.9B	1.3B	2.6B	-1.6B	3.1B	1.7B

Grupo Aeroportuario del Sureste S.A.B. de C.V. ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement