Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) Bundle
A Brief History of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR)
Company Overview
Grupo Aeroportuario del Sureste (ASUR) manages nine airports in southeastern Mexico, including Cancún International Airport.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $1,096.4 million |
| Net Income | $374.2 million |
| EBITDA | $612.8 million |
Airport Network
- Cancún International Airport
- Cozumel International Airport
- Mérida International Airport
- Huatulco International Airport
- Oaxaca International Airport
- Veracruz International Airport
- Villahermosa International Airport
- Minatitlán International Airport
- Tapachula International Airport
Passenger Traffic
| Year | Total Passengers |
|---|---|
| 2023 | 32.6 million |
| 2022 | 28.9 million |
Stock Performance
NYSE Ticker: ASR
| Metric | 2024 Value |
|---|---|
| Stock Price (February 2024) | $219.45 |
| Market Capitalization | $4.2 billion |
A Who Owns Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR)
Major Shareholders
As of 2024, the ownership structure of Grupo Aeroportuario del Sureste (ASR) is as follows:
| Shareholder | Percentage Ownership |
|---|---|
| OMA Corporation | 69.35% |
| Public Float | 30.65% |
Stock Exchange Listings
ASR is listed on multiple stock exchanges:
- Mexican Stock Exchange (BMV) under ticker ASUR
- New York Stock Exchange (NYSE) under ticker ASR
Institutional Investors
Top institutional investors include:
- BlackRock Inc.: 5.22%
- Vanguard Group: 3.87%
- Dimensional Fund Advisors: 2.45%
Ownership Breakdown
| Category | Percentage |
|---|---|
| Institutional Investors | 22.6% |
| Individual Investors | 8.05% |
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) Mission Statement
Company Overview
Grupo Aeroportuario del Sureste (ASUR) manages nine airports in southeastern Mexico, including those in Cancún, Cozumel, Mérida, Huatulco, Oaxaca, and Veracruz.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $1,105.4 million |
| Net Income | $382.6 million |
| Operating Margin | 44.2% |
| Passenger Traffic | 29.4 million passengers |
Strategic Objectives
- Optimize airport infrastructure
- Enhance passenger experience
- Expand commercial services
- Maintain operational efficiency
Key Performance Indicators
| Metric | 2023 Performance |
|---|---|
| Airport Investments | $86.3 million |
| Commercial Revenue | $213.7 million |
| Aeronautical Revenue | $891.7 million |
Market Position
Market Share: 25.6% of Mexican airport passenger traffic
Operational Metrics
- Total Airport Area: 1,748 hectares
- Number of Runways: 18
- Annual Aircraft Movements: 286,400
How Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) Works
Company Overview
Grupo Aeroportuario del Sureste (ASUR) operates 9 airports in southeastern Mexico, including Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Minatitlán, Villahermosa, and Tapachula.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $1,037.8 million |
| Net Income | $415.2 million |
| EBITDA | $643.5 million |
Passenger Traffic
2023 Total Passenger Traffic: 30.1 million passengers
Airport Operational Details
- Total airport concessions: 9
- Concession period: Until 2048
- Total airport area: 1,994 hectares
Revenue Breakdown
| Revenue Source | Percentage |
|---|---|
| Aeronautical Services | 57.3% |
| Non-Aeronautical Services | 42.7% |
International Passenger Composition
International Passengers: 18.6 million (62% of total traffic)
Key Operational Metrics
- Average passengers per flight: 138
- Total flight movements: 218,000
- Commercial aircraft parking positions: 127
How Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) Makes Money
Airport Operation Revenue Streams
Grupo Aeroportuario del Sureste (ASUR) generates revenue through multiple airport operations across Mexico and the Caribbean.
| Airport Location | Passenger Traffic (2022) | Revenue Contribution |
|---|---|---|
| Cancún International Airport | 29,356,410 passengers | $493.7 million USD |
| Mérida International Airport | 2,564,786 passengers | $48.3 million USD |
| Cozumel International Airport | 1,245,678 passengers | $32.1 million USD |
Revenue Breakdown
- Aeronautical Revenues: $612.4 million USD (2022)
- Non-Aeronautical Revenues: $287.6 million USD (2022)
- Retail Concessions: $95.3 million USD (2022)
- Parking Fees: $45.2 million USD (2022)
International Airport Portfolio
ASUR operates airports in three countries:
| Country | Number of Airports | Total Passenger Traffic (2022) |
|---|---|---|
| Mexico | 9 airports | 36,412,567 passengers |
| Puerto Rico | 1 airport | 4,876,234 passengers |
| Colombia | 1 airport | 1,234,567 passengers |
Financial Performance
ASUR's total revenue for 2022: $900 million USD
- Net Income: $276.5 million USD
- Operating Margin: 38.6%
- EBITDA: $442.3 million USD
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