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OMABGrupo Aeroportuario del Centro Norte, S.A.B. de C.V.
$107.17$5.2B
Overview & Verdict
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OMAB logoGrupo Aeroportuario del Centro Norte, S.A.B. de C.V.(OMAB)Earnings, Financials & Key Ratios

OMAB•NASDAQ
$107.17
16.9× P/E·Price updated Jul 7, 2026
SectorIndustrialsIndustryAirlines & AirportsSub-IndustryAirports and concession operators
AboutGrupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities. It also operates the NH Collection Hotel in Terminal 2 of the Mexico City International Airport; and a hotel under the Hilton Garden Inn name at the Monterrey International Airport. In addition, the company provides aeronautical services, which include passenger, aircraft landing and parking, boarding and unloading, passenger walkway, and airport security services. Further, it offers complementary services that comprise leasing of space to airlines, cargo handling, baggage-screening, permanent and non-permanent ground transportation, and access rights services; non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, and other commercial tenants, as well as maintaining of parking facilities and advertising; and diversification services, which consists of operation and lease of the industrial park and real estate services, as well as hotel and air cargo logistics services. Additionally, the company provides construction services. It has a strategic alliance with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. to build and operate an industrial park at the Monterrey airport. The company was founded in 1998 and is headquartered in Mexico City, Mexico.Show more
  • Revenue$15.96B+5.9%
  • EBITDA$9.82B+11.2%
  • Net Income$5.34B+8.4%
  • EPS (Diluted)110.64-4.8%
  • Gross Margin70.09%+4.8%
  • EBITDA Margin61.5%+5.0%
  • Operating Margin56.01%+4.6%
  • Net Margin33.46%+2.3%
  • ROE48.63%+0.5%

OMAB Price & Volume

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) stock price & volume — 10-year historical chart

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Regulatory Uncertainty Clouds Robust Airport Cash Generation

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Healthy
Cash Flow:Robust
Primary Risk:Regulatory and Concession Uncertainty

Key Thesis Takeaways

  • OMAB demonstrates a resilient industrial moat characterized by high-quality cash generation and consistent gross margins often exceeding 70%.
  • However, the investment narrative is complicated by significant volatility in top-line growth, which ranged from a 5.0% contraction to a 24.4% expansion in recent quarters.
  • Investors should weigh the company's aggressive capital return strategy against the persistent risk of unilateral government intervention in tariff structures and the potential for goodwill impairment given its $20.7 billion balance sheet weight.

Verdict Logic

while the company maintains a robust 4.7% dividend yield and strong cash conversion, the current 10.70 EV/EBITDA multiple and regulatory risks suggest a cautious approach until tariff stability is confirmed.

OMAB Growth Metrics

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years13.52%
5 Years24.36%
3 Years10.18%
TTM8.9%

Profit CAGR

10 Years15.78%
5 Years37.31%
3 Years11.05%
TTM2.99%

EPS CAGR

10 Years15.03%
5 Years39.8%
3 Years11.98%
TTM-1.6%

Return on Capital

10 Years29.17%
5 Years33.91%
3 Years36.65%
Last Year35.64%

OMAB Recent Earnings

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (60%)●Beat Revenue 6/12 qtrs (60%)
Q2 2026Latest
Apr 27, 2026
Metric
Actual
Est
EPS
$1.41-5.4%
$1.49
Rev
$219M+9.7%
$200M
Q1 2026
Feb 24, 2026
Metric
Actual
Est
EPS
$1.40-15.2%
$1.65
Rev
$239M-6.4%
$255M
Q1 2026
Feb 23, 2026
Metric
Actual
Est
EPS
$1.40-15.2%
$1.65
Rev
$236M-7.4%
$255M
Q4 2025
Sep 30, 2025
Metric
Actual
Est
EPS
$1.69
—
Rev
$213M
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 27, 2026
$1.41vs $1.49-5.4%
$219Mvs $200M+9.7%
Q1 2026Feb 24, 2026
$1.40vs $1.65-15.2%
$239Mvs $255M-6.4%
Q1 2026Feb 23, 2026
$1.40vs $1.65-15.2%
$236Mvs $255M-7.4%
Q4 2025Sep 30, 2025
$1.69
$213M
Based on last 12 quarters of dataView full earnings history →

Latest OMAB News

Recent stock market news and headlines for Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB)

Seeking Alpha·Jun 21, 2026
Grupo Aeroportuario del Centro Norte: A World Cup Host, And Broader Bullish Outlook

Mexican airport operators are in the news thanks to Mexico being a co-host of the World Cup. World Cup events will boost OMAB's Q2 2026 traffic, but this is a one-off; sustained growth is anchored in Mexico's industrial expansion and reshoring trends. Centro Norte trades at 15x forward earnings and just under 11x EV/EBITDA, with analysts projecting a return to low-teens revenue growth in 2027.

Zacks Investment Research·Jun 16, 2026
Strength Seen in Grupo Aeroportuario del Centro Norte (OMAB): Can Its 7.1% Jump Turn into More Strength?

Grupo Aeroportuario del Centro Norte (OMAB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Peers Comparison

Key metrics vs top competitors for Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
OMAB logoOMABGrupo Aeroportuario del Centro Norte, S.A.B. de C.V.Current
$107.17$5.17B16.895.91%33.46%48.63%4.96%
PAC logoPACGrupo Aeroportuario del Pacífico, S.A.B. de C.V.
$237.18$12.32B20.8921.45%32.93%57.48%—
ASUR logoASURAsure Software, Inc.
$8.28$237.1M-17.2517.32%-6.81%-5.15%—
BSAC logoBSACBanco Santander-Chile
$33.70$15.88B14.03-4.96%21.11%20.38%—
UAL logoUALUnited Airlines Holdings, Inc.
$128.31$41.65B12.553.52%6.06%24.91%—
DAL logoDALDelta Air Lines, Inc.
$88.63$58.23B11.572.79%6.87%23.14%—

Compare OMAB vs Peers

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PAC

Most directly comparable listed peer for OMAB.

Scale Benchmark

vs DAL

Larger-name benchmark to compare OMAB against a more recognizable public peer.

Peer Set

Compare Top 5

vs PAC, ASUR, BSAC, UAL

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OMAB Frequently Asked Questions

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.'s revenue?

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) reported $16.21B in revenue for fiscal year 2025. This represents a 1037% increase from $1.43B in 2005.

How fast is Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. growing?

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) grew revenue by 5.9% over the past year. This is steady growth.

Is OMAB profitable?

Yes, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) is profitable, generating $5.29B in net income for fiscal year 2025 (33.5% net margin).

Dividend & Returns
Does OMAB pay dividends?

Yes, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) pays a dividend with a yield of 4.96%. This makes it attractive for income-focused investors.

What is OMAB's return on equity?

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) has a return on equity (ROE) of 48.6%. This is excellent, indicating efficient use of shareholder capital.

What is Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.'s free cash flow?

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) generated $5.28B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in OMAB back in 2005?

Total return calculator · dividends reinvested · 21+ years of data

See returns →