Stocks
Southeast Airport Group (ASR)
Southeast Airport Group Business Segments
Southeast Airport Group (NYSE: ASR )
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Description of Southeast Airport Group's Business Segments
The Company is a Mexican entity incorporated in April 1998 as a wholly owned entity of the federal public government. It is responsible for administering, operating, maintaining, and developing nine airports in southeastern Mexico, located in Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán. Cancún Airport holds full ownership of subsidiaries Caribbean Logistic, S.A. de C.V. and Cargo RF, S.A. de C.V., which provide storage, handling, warehousing, and custody services related to foreign trade merchandise and premises inspected at airports concessioned to third parties. Cancún Airport Services, S.A. de C.V. operates retail shops. The Company also owns ASUR Dominicana LLC, a Delaware limited liability company developing and constructing an international airport in Bávaro, Dominican Republic, and holds a 25% associate interest in Aeropuerto Internacional de Bávaro AIB, S.A.S. Additionally, the Company acquired ASUR Airports (URW Airports) with 100% equity interest and holds an 81.38% equity interest in JFK T8 Innovation Partners, LLC. It controls 60% of Aerostar and 100% of Airplan. Financial data is reported for the Cancún, Aerostar, Airplan, Mérida, Villahermosa, Services, and Other segments, including revenues, costs, operating profit, assets, liabilities, and capital expenditures.
Annual Report on Southeast Airport Group Divisions, Sales by Country
segments
52.07 %
of total Revenue
Transferred at a point in time
49.98 %
of total Revenue
Transferred over a period time
50.02 %
of total Revenue
Aeropuerto de Cancun S A de C V segments
28.32 %
of total Revenue
Aeropuerto de Cancun S A de C V Transferred at a point in time
28.13 %
of total Revenue
Aeropuerto de Cancun S A de C V Transferred over a period time
30.25 %
of total Revenue
Aerostar segments
6.37 %
of total Revenue
Aerostar Transferred at a point in time
5.33 %
of total Revenue
Aerostar Transferred over a period time
9.24 %
of total Revenue
Airplan segments
7.37 %
of total Revenue
Airplan Transferred at a point in time
7.31 %
of total Revenue
Airplan Transferred over a period time
2.96 %
of total Revenue
ASUR Airports segments
0.36 %
of total Revenue
ASUR Airports Transferred over a period time
0.36 %
of total Revenue
Merida segments
3.3 %
of total Revenue
Merida Transferred at a point in time
3.03 %
of total Revenue
Merida Transferred over a period time
1.57 %
of total Revenue
Villahermosa segments
1.26 %
of total Revenue
Villahermosa Transferred at a point in time
1.15 %
of total Revenue
Villahermosa Transferred over a period time
0.73 %
of total Revenue
Holding service segments
3.08 %
of total Revenue
Holding service Transferred over a period time
3.08 %
of total Revenue
Other segments
5.45 %
of total Revenue
Other Transferred at a point in time
5.02 %
of total Revenue
Other Transferred over a period time
4.93 %
of total Revenue
Consolidation adjustments segments
-3.08 %
of total Revenue
Consolidation adjustments Transferred over a period time
-3.08 %
of total Revenue
Regulated services
53.16 %
of total Revenue
Regulated services Passenger fees
41.26 %
of total Revenue
Regulated services Landing fees
3.81 %
of total Revenue
Regulated services Platform
2.5 %
of total Revenue
Regulated services Security services
0.49 %
of total Revenue
Regulated services Baggage inspection fees
1.56 %
of total Revenue
Regulated services Passenger walkway
2.05 %
of total Revenue
Regulated services Passengers documentation counters
0.09 %
of total Revenue
Regulated services Other airport services
1.4 %
of total Revenue
Non regulated services
27.1 %
of total Revenue
Non regulated services Retail stores
4.43 %
of total Revenue
Non regulated services Access fees on nonpermanent ground transportation
0.28 %
of total Revenue
Non regulated services Car parking and related access fees
1.53 %
of total Revenue
Non regulated services Non-regulated services excluding commercial services
0.82 %
of total Revenue
Non regulated services Commercial services
20.05 %
of total Revenue
Duty free shops
7.57 %
of total Revenue
Food and beverage
4.32 %
of total Revenue
Advertising revenues
0.56 %
of total Revenue
Car rental companies
4.13 %
of total Revenue
Banking and currency exchange services
0.25 %
of total Revenue
Teleservices
0.07 %
of total Revenue
Ground transportations
0.5 %
of total Revenue
Other services
2.66 %
of total Revenue
Mexico
782.25 %
of total Revenue
Puerto Rico Aerostar
129.97 %
of total Revenue
Colombia Airplan
150.34 %
of total Revenue
Twelve months ended 2025
ASR s Annual Revenue by Geography and Business Segments
Sales (in millions $)
% (of total Sales)
segments
950.01
52.07 %
Transferred at a point in time
911.89
49.98 %
Transferred over a period time
912.74
50.02 %
Aeropuerto de Cancun S A de C V segments
516.70
28.32 %
Aeropuerto de Cancun S A de C V Transferred at a point in time
513.25
28.13 %
Aeropuerto de Cancun S A de C V Transferred over a period time
551.88
30.25 %
Aerostar segments
116.20
6.37 %
Aerostar Transferred at a point in time
97.29
5.33 %
Aerostar Transferred over a period time
168.55
9.24 %
Airplan segments
134.41
7.37 %
Airplan Transferred at a point in time
133.37
7.31 %
Airplan Transferred over a period time
54.00
2.96 %
ASUR Airports segments
6.52
0.36 %
ASUR Airports Transferred over a period time
6.52
0.36 %
Merida segments
60.29
3.3 %
Merida Transferred at a point in time
55.35
3.03 %
Merida Transferred over a period time
28.66
1.57 %
Villahermosa segments
22.95
1.26 %
Villahermosa Transferred at a point in time
21.00
1.15 %
Villahermosa Transferred over a period time
13.24
0.73 %
Holding service segments
56.29
3.08 %
Holding service Transferred over a period time
56.29
3.08 %
Other segments
99.46
5.45 %
Other Transferred at a point in time
91.63
5.02 %
Other Transferred over a period time
89.88
4.93 %
Consolidation adjustments segments
-56.29
-3.08 %
Consolidation adjustments Transferred over a period time
-56.29
-3.08 %
Regulated services
969.94
53.16 %
Regulated services Passenger fees
752.86
41.26 %
Regulated services Landing fees
69.49
3.81 %
Regulated services Platform
45.66
2.5 %
Regulated services Security services
8.88
0.49 %
Regulated services Baggage inspection fees
28.55
1.56 %
Regulated services Passenger walkway
37.33
2.05 %
Regulated services Passengers documentation counters
1.67
0.09 %
Regulated services Other airport services
25.50
1.4 %
Non regulated services
494.52
27.1 %
Non regulated services Retail stores
80.77
4.43 %
Non regulated services Access fees on nonpermanent ground transportation
5.10
0.28 %
Non regulated services Car parking and related access fees
27.86
1.53 %
Non regulated services Non-regulated services excluding commercial services
14.87
0.82 %
Non regulated services Commercial services
365.92
20.05 %
Duty free shops
138.04
7.57 %
Food and beverage
78.76
4.32 %
Advertising revenues
10.22
0.56 %
Car rental companies
75.29
4.13 %
Banking and currency exchange services
4.60
0.25 %
Teleservices
1.28
0.07 %
Ground transportations
9.16
0.5 %
Other services
48.56
2.66 %
Mexico
14,273.25
782.25 %
Puerto Rico Aerostar
2,371.52
129.97 %
Colombia Airplan
2,743.09
150.34 %
Total
1,824.63
100 %
Twelve months ended 2025
ASR s Annual Income by Country and Business Segments
Income (in millions $)
% (Profit Margin)
Total
535.31
29.34 %
Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments
% Y/Y Sales Growth
% Y/Y Income Growth
segments
4.3 %
-
Transferred at a point in time
4.82 %
-
Transferred over a period time
37.19 %
-
Aeropuerto de Cancun S A de C V segments
1.25 %
-
Aeropuerto de Cancun S A de C V Transferred at a point in time
2 %
-
Aeropuerto de Cancun S A de C V Transferred over a period time
39.76 %
-
Aerostar segments
7.4 %
-
Aerostar Transferred at a point in time
5.88 %
-
Aerostar Transferred over a period time
16.98 %
-
Airplan segments
11.26 %
-
Airplan Transferred at a point in time
13.45 %
-
Airplan Transferred over a period time
16.13 %
-
Merida segments
9.65 %
-
Merida Transferred at a point in time
9.68 %
-
Merida Transferred over a period time
8.7 %
-
Villahermosa segments
1.31 %
-
Villahermosa Transferred at a point in time
1.24 %
-
Villahermosa Transferred over a period time
26.92 %
-
Holding service segments
-0.72 %
-
Holding service Transferred over a period time
-0.72 %
-
Other segments
5.87 %
-
Other Transferred at a point in time
6.36 %
-
Other Transferred over a period time
108.82 %
-
Consolidation adjustments segments
-
-
Consolidation adjustments Transferred over a period time
-
-
Regulated services
3.91 %
-
Regulated services Passenger fees
6.59 %
-
Regulated services Landing fees
-7.52 %
-
Regulated services Platform
-2.95 %
-
Regulated services Security services
1.83 %
-
Regulated services Baggage inspection fees
1.2 %
-
Regulated services Passenger walkway
-3.66 %
-
Regulated services Passengers documentation counters
-0.52 %
-
Regulated services Other airport services
-7.63 %
-
Non regulated services
6.97 %
-
Non regulated services Retail stores
6.11 %
-
Non regulated services Access fees on nonpermanent ground transportation
1.89 %
-
Non regulated services Car parking and related access fees
11.87 %
-
Non regulated services Non-regulated services excluding commercial services
4.25 %
-
Non regulated services Commercial services
7 %
-
Duty free shops
0.35 %
-
Food and beverage
10.27 %
-
Advertising revenues
-11.87 %
-
Car rental companies
9.4 %
-
Banking and currency exchange services
-4.61 %
-
Teleservices
62.56 %
-
Ground transportations
12.29 %
-
Other services
25.11 %
-
Mexico
2.57 %
-
Puerto Rico Aerostar
7.4 %
-
Colombia Airplan
11.26 %
-
Total
18.84 %
-22.14 %