Grupo Aeroportuario Pacifico, MX01GA000004

GAP reports 21.8 percent revenue growth for Grupo Aeroportuario Pacifico stock

Published on 10/21/2026 at 11:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HSBC set a USD 277.00 target on October 5, 2026. Grupo Aeroportuario Pacifico stock costs EUR 19.45 on October 21, 2026, with USD 11.3 billion value.

Growth and margins

Total revenue rose 21.8 percent in the third quarter of 2026.
Adjusted EBITDA margin excluding IFRIC-12 reached 67.8 percent in the third quarter of 2026.
Grupo Aeroportuario Pacifico stock trades at EUR 19.45 at 11:33 a.m. CEST at Lang & Schwarz on October 21, 2026.
HSBC set a USD 277.00 price target on October 5, 2026.

Grupo Aeroportuario Pacifico, MX01GA000004, Illustration mit AI erstellt.

Grupo Aeroportuario Pacifico (ISIN MX01GA000004) stock was trading at EUR 19.45 at Lang & Schwarz on October 21, 2026. On October 19, 2026, a results release carried by Fidelity reported third-quarter revenue growth of 21.8 percent.

Revenue growth meets a traffic test

GAP reported total revenue of MXN 11,667.8 million for the third quarter of 2026, up 21.8 percent from MXN 9,576.6 million in the third quarter of 2025. Revenue from aeronautical and non-aeronautical services increased 13.2 percent, while passenger traffic declined 1.4 percent to 15.44 million.

The growth mix matters because Cross Border Xpress contributed MXN 775.5 million of third-quarter revenue after its operations were included from May 1, 2026. Excluding CBX, aeronautical and non-aeronautical services revenue would have increased 3.4 percent, according to the StockTitan release.

What does the margin show?

Adjusted EBITDA rose 19.2 percent to MXN 6,064.6 million in the third quarter of 2026, lifting the margin excluding IFRIC-12 from 64.3 percent to 67.8 percent. Net income increased 8.1 percent to MXN 2,914.1 million, but international passenger traffic fell 4.5 percent.

That combination gives investors a clearer read than the headline revenue figure alone: operating efficiency improved even as traffic weakened. CBX generated MXN 558.2 million of EBITDA in the quarter, adding a material contribution to the consolidated result.

Three results milestones

On December 11, 2025, shareholders approved the business combination involving CBX and related operations. On April 30, 2026, GAP signed the merger agreement, and on May 1, 2026, the transaction effects entered consolidated results. On October 19, 2026, GAP reported third-quarter revenue of MXN 11,667.8 million and EBITDA of MXN 6,064.6 million, according to Fidelity.

Next date for investors

TradingView lists October 27, 2026, as the next earnings date for GAP, with the third quarter of 2026 as the reporting period.

Analyst target stays higher

On October 5, 2026, HSBC upgraded GAP from Hold to Buy and set a USD 277.00 price target, according to MarketScreener. The target is stated in U.S. dollars for the NYSE-listed PAC shares and is separate from the euro reference price used here.

Stock price and valuation

GAP stock was trading at EUR 19.45 at Lang & Schwarz on October 21, 2026 at 11:33 a.m. CEST. The finance data snapshot put the NYSE market capitalization at USD 11.3 billion and the 52-week range at USD 192.65 to USD 300.41 as of October 20, 2026. The further course of trading is shown by the continuously updated real-time quote of Grupo Aeroportuario Pacifico stock.