ASR · NYSE · Airlines, Airports & Air Services

Grupo Aeroportuario del Sureste (ADR) (ASR)

Operates international airport concessions and U.S. terminal-commercial programs.

$243.20
vs last close−1.88 (−0.77%)
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Grupo Aeroportuario del Sureste, S. A. B. de C. V.ASR
Industrials

Operates airports across southeastern Mexico, Puerto Rico, and northern Colombia, plus terminal-commercial programs at major U.S. hubs. Regulated aeronautical services, commercial activity, and concession construction generate revenue, with Cancún contributing most and concession tariffs, passenger traffic, airline remittances, and Caribbean weather shaping results.

Operates a 16-airport network spanning southeastern Mexico, Puerto Rico, and northern Colombia, while managing selected terminal-commercial programs at LAX, ORD, and JFK. Revenue comes from regulated aeronautical services, airport commercial activity, passenger and airline support, and construction services tied to concession improvements.

Cancún anchors the network and contributes most of its revenue, making traffic to the Riviera Maya a central operating dependency. Operating work centers on concession compliance, regulated service levels, security, development investment, airline coordination, and terminal-commercial management.

Mexican and Colombian airports operate under government concessions and tariff rules; San Juan runs under a long-term lease and airline use agreement. Passenger volumes, airline remittances of charges, and hurricanes across the Caribbean-facing footprint shape results.

Company facts

CEOAdolfo Castro Rivas
ListedSep 28, 2000
ExchangeNYSE
HeadquartersMexico City, Mexico
CountryMexico
Employees2,023
CIK0001123452
ISINUS40051E2028

Market cap$7.35B
EPS (ttm)$19.33
P/E (ttm)12.68
ROE32.0%
P/B3.06
P/S3.30
Dividend yieldDiv yield5.67%
Beta0.87vs XLI 0.38

Price target$349.00+42.4%Average of 11 analysts
ConsensusBuy6 of 11 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 16, 2026Itau BBADowngrade
Rating: Outperform
Rating: Market Perform
Aug 23, 2026BTG PactualTarget
Target:
Target: $510
Aug 5, 2026Morgan StanleyTarget
Target: $415
Target: $280
Jul 30, 2026HSBCUpgrade
Rating: Target:
Rating: BuyTarget: $349
Jul 22, 2026JP MorganDowngrade
Rating: Neutral
Rating: Underweight

Next report
Oct 28, 26
in 36 days
EPS estimate
$4.61
Revenue estimate
$536.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$5.48$5.74$3.80$3.84$5.03$5.34$4.38Pending
Estimate$0.27$5.85$5.64$5.26$5.04$5.33$4.92$4.61
Surprise+1,931.9%−1.9%−32.6%−27.0%−0.2%+0.2%−11.0%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$440.9M$426.1M$467.6M$476.1M$639.1M$511.6M$548.6MPending
Estimate$412.3M$462.4M$484.2M$432.8M$518.5M$573.3M$517.3M$536.6M
Surprise+6.9%−7.9%−3.4%+10.0%+23.3%−10.8%+6.0%
Estimate$4.61
ReportedDue Oct 28, 2026
Estimate$536.6M
ReportedDue Oct 28, 2026
View details

Debt to equity83.10%
Current ratio329.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$432.5M$521.4M$507.9M$503.7M$506.6M$634.0M$521.3M$556.3M
Net income$195.4M$197.4M$203.2M$124.0M$122.0M$156.8M$165.6M$133.4M
Net margin45.2%37.9%40.0%24.6%24.1%24.7%31.8%24.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$236.8M$260.1M$294.8M$255.1M$213.6M$218.8M$275.9M$225.9M
YoY growth+11.4%+23.4%+11.4%+1.6%−9.8%−15.9%−6.4%−11.4%

Balance sheet, Jun 30, 2026Cash & short-term investments $673.1M · Total debt $1.99B · Total assets $5.21B · Shareholders' equity $2.40B

Revenue
$556.3M
Operating income
$225.9M
Net income
$133.4M

Reported in MXN, converted at the latest exchange rate

View details

Dividend yield
5.67%
Next ex-date
Nov 27, 26
estimated · in 66 days
Annual dividend
$13.90
per share
Schedule
Semi-annual
2 payments a year

HistoryDividendAnnual yield

Sep '21May '24May '25Nov '25May '26
Dividend$3.9927$6.4698$25.7141$8.1662$5.7363
Annual yield2.18%1.92%8.03%11.26%4.55%
Ex-dateSep 29May 24May 28Nov 26May 27
Payment dateOct 12Jun 10Jun 9Dec 8Jun 17
View details

Institutions9.98%2.99M ADS
157 holders · as of Jun 30, 2026
Insiders26.10%7.83M ADS
1 holder · as of Jun 8, 2022
Other63.92%19.18M ADS
remainder

30.00M ADS (1 ADS = 10 ordinary shares) as of Aug 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2019 annual report; nothing newer is on file here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Fernando Chico PardoInsider
26.10%7.83Mfiled Jun 8, 2022
Harding Loevner LPInstitution
4.70%1.41Mfiled Feb 12, 2018
BlackRock, Inc.Institution
2.58%773,806 ADSas of Jun 30, 2026
State Street CorpInstitution
0.71%212,171 ADSas of Jun 30, 2026
JPMorgan Chase & CoInstitution
0.66%197,674 ADSas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Compare

CompanyPriceChange
Grupo Aeroportuario del Sureste (ADR)$243.20−0.77%$7.35B12.714.13.3+17.3%
Grupo Aeroportuario del Pacífico (ADR)$207.09−0.44%$10.80B17.220.85.6+11.1%
OMA (ADR)$100.25+0.69%$4.81B15.315.85.1+9.7%
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Median15.315.85.1+11.1%