ASUR ANNOUNCES 2Q26 RESULTS
Total passenger traffic declined 2.7% YoY, reflecting declines of 5.0% in
2Q26 Highlights1
- Total passenger traffic decreased 2.7% year-on-Year ("YoY"):
Colombia : increased 3.6%, reflecting growth of 4.1% in domestic traffic and 1.8% in international traffic.Mexico : decreased 5.0%, reflecting declines of 8.3% and 1.7% in international traffic and domestic traffic, respectively.Puerto Rico : decreased 3.5%, reflecting declines of 3.7% in domestic traffic and 2.4% in international traffic.
- Revenues increased 9.9% year over year to Ps.9,579.0 million. Excluding construction services, revenues remained relatively flat (-0.3%).
- 2Q26 includes Ps.443.8 million revenues from ASUR US Commercial Airports, LLC ("ASUR US Airports"), acquired in
December 2025 , with no comparable contribution in 2Q25. - Commercial revenue per passenger increased 12.6% YoY to Ps.153.0.
- Consolidated EBITDA decreased 8.7% YoY to Ps.4,589.9 million.
- Adjusted EBITDA Margin (excluding IFRIC 12) declined to 62.0% from 67.6% in 2Q25.
- Cash and cash equivalents totaled Ps.11,641.4 million, with Net Debt-to-LTM EBITDA at 0.9x.
Table 1: Financial and Operating Highlights1 | |||
Second Quarter | % Chg | ||
2025 | 2026 | ||
Financial Highlights | |||
Total Revenue | 8,715,432 | 9,578,964 | 9.9 |
6,454,700 | 6,930,559 | 7.4 | |
1,354,837 | 1,220,259 | (9.9) | |
905,895 | 984,375 | 8.7 | |
0 | 443,771 | N/A | |
Commercial Revenues per PAX | 135.9 | 153.0 | 12.6 |
158.6 | 145.7 | (8.1) | |
165.4 | 167.5 | 1.3 | |
57.8 | 63.2 | 9.3 | |
EBITDA | 5,024,921 | 4,589,887 | (8.7) |
Net Income | 2,270,182 | 2,384,562 | 5.0 |
Majority Net Income | 2,144,814 | 2,296,406 | 7.1 |
Earnings per Share (in pesos) | 7.1494 | 7.6547 | 7.1 |
Earnings per ADS (in US$) | 4.0925 | 4.3818 | 7.1 |
Capex | 1,390,393 | 1,950,311 | 40.3 |
Cash & Cash Equivalents | 19,815,868 | 11,641,384 | (41.3) |
Net Debt | 1,934,015 | 15,138,319 | 682.7 |
Net Debt/ LTM EBITDA | 0.1 | 0.9 | 894.3 |
Operational Highlights | |||
Passenger Traffic | |||
10,016,529 | 9,511,428 | (5.0) | |
3,580,600 | 3,455,197 | (3.5) | |
4,139,442 | 4,286,667 | 3.6 | |
1 Unless otherwise stated, all financial figures are unaudited and prepared in accordance with International Financial Reporting Standards (IFRS). All figures in this report are expressed in Mexican pesos, unless otherwise noted. Tables state figures in thousands of Mexican pesos, unless otherwise noted. Passenger figures for
For a full version of ASUR's Second Quarter of 2026 Earnings Release, please visit: https://www.asur.com.mx/informacion-financiera-page-0
2Q26 Earnings Call
Day:
Dial-in: +1 877 407 4018 (
Access Code: 13761602. Please dial-in 10 minutes before the scheduled start time.
Replay: Friday, July 24, 2026, at
Definitions
Concession Services Agreements (IFRIC 12 interpretation). In
Majority Net Income reflects ASUR's equity interests in each of its subsidiaries and therefore excludes the 40% interest in Aerostar that is owned by other shareholders. Other than Aerostar, ASUR owns (directly or indirectly) 100% of its subsidiaries.
EBITDA means net income before provision for taxes, deferred taxes, profit sharing, non-ordinary items, participation in the results of associates, comprehensive financing cost, and depreciation and amortization. EBITDA should not be considered as an alternative to net income, as an indicator of our operating performance, as an alternative to cash flow or as an indicator of liquidity. Our management believes that EBITDA provides a useful measure that is widely used by investors and analysts to evaluate our performance and compare it with other companies. EBITDA is not defined under
Adjusted EBITDA Margin is calculated by dividing EBITDA by total revenues excluding construction services revenues for
About ASUR
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a leading international airport operator with a portfolio of concessions to operate, maintain, and develop 16 airports across the Americas. The Company operates nine airports in southeastern Mexico, including Cancún Airport, the largest tourist gateway in Mexico, the Caribbean, and Latin America; as well as six airports in northern Colombia, including Medellin international airport (Rionegro), the second busiest in Colombia.
ASUR also holds a 60% interest in Aerostar Airport Holdings, LLC, operator of Luis Muñoz Marin International Airport in San Juan, the capital of Puerto Rico, the island's primary international gateway. San Juan Airport was the first and remains the only major airport in the U.S. to have successfully completed a public–private partnership under the FAA Pilot Program. ASUR has recently expanded into airport commercial services through ASUR US Airports, which partners with airports and airlines to deliver enhanced retail and passenger experiences. ASUR US Airports operates at major U.S. hubs, including Los Angeles International, Chicago O'Hare, and John F. Kennedy International, and has historically shown competitive performance against U.S. commercial revenue benchmarks.
Headquartered in Mexico, ASUR is listed on both the Mexican Bolsa (BMV) under the symbol ASUR, and on the NYSE in the U.S., where it trades under the symbol ASR. One ADS represents ten (10) B-series shares. For further information, visit www.asur.com.mx
Analyst Coverage
In accordance with Article 4.033.01 of the Mexican Stock Exchange Internal Rules, ASUR reports that the stock is covered by the following broker-dealers: Actinver, Banorte, BBVA, BofA Merrill Lynch, Bradesco BBI, BTG Pactual, Citi Global Markets, GBM Grupo Bursatil, Goldman Sachs, HSBC Securities, Insight Investment Research, Itau BBA Securities, Jefferies, J.P. Morgan, Punto Research, Santander, Scotiabank, UBS Casa de Bolsa and Vector. Please note that any opinions, estimates or forecasts with respect to the performance of ASUR issued by these analysts reflect their own views, and therefore do not represent the opinions, estimates or forecasts of ASUR or its management. Although ASUR may refer to or distribute such statements, this does not imply that ASUR agrees with or endorses any information, conclusions or recommendations included therein.
Forward Looking Statements
Some of the statements contained in this press release discuss future expectations or state other forward-looking information. Those statements are subject to risks identified in this press release and in ASUR's filings with the SEC. Actual developments could differ significantly from those contemplated in these forward-looking statements. The forward-looking information is based on various factors and was derived using numerous assumptions. Our forward-looking statements speak only as of the date they are made and, except as may be required by applicable law, we do not have an obligation to update or revise them, whether as a result of new information, future or otherwise.
View original content:https://www.prnewswire.com/news-releases/asur-announces-2q26-results-302833686.html
SOURCE Grupo Aeroportuario del Sureste, S.A.B. de C.V.
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