Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. logo

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.

OMAB

NASDAQIndustrialsAirlines, Airports & Air Services

Latest quote

$102.83

−$0.04 · -0.04%

Aug 24, 10:10 AM ET

OMAB company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

69

Undervalued

Momentum

39

Weakening

Sentiment

62

Bullish

Risk resilience

63

Moderate Risk

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Company profile

Company website

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., through its subsidiaries, possesses concessions for the development, operation, and upkeep of numerous airports across Mexico. The company manages a portfolio of thirteen international air hubs, specifically located in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas. Beyond its core airport operations, the group also oversees the NH Collection Hotel at Terminal 2 of the Mexico City International Airport and a Hilton Garden Inn situated at the Monterrey International Airport. Its extensive service offerings encompass core aeronautical activities, including passenger services, aircraft landing and parking, boarding and unloading, passenger walkway management, and airport security provisions. Supplemental services comprise leasing premises to airlines, cargo handling, baggage screening, both permanent and temporary ground transportation solutions, and access rights management. Non-aviation related revenue streams primarily originate from the rental of commercial spaces within its airports to various retailers, restaurants, and other businesses, alongside the administration of parking facilities and advertising. Strategic diversification initiatives extend to the management and leasing of industrial parks, real estate ventures, hotel operations, and air cargo logistics. Additionally, the company provides construction services. A key strategic partnership with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. is dedicated to the establishment and operation of an industrial park situated at the Monterrey airport. Established in 1998, the firm maintains its headquarters in Mexico City, Mexico.

Industry
Airlines, Airports & Air Services
Sector
Industrials
Headquarters
MX
CEO
Ricardo Duenas Espriu
Listed since
Nov 29, 2006
Employees
1,267

Market position

Volume
6.03K
0.07× average
Average volume
81.7K
Average daily volume
Market cap
4.96B USD
Beta
0.36
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
105.04B MXN
P/E (TTM)
15.57×
P/B (TTM)
9.27×
P/S (TTM)
5.17×
EV / EBITDA
10.52×
Earnings yield
5.65%
Free cash flow yield
7.79%
Dividend yield
5.51%

Profitability & efficiency

Gross margin
67.02%
Operating margin
55.15%
Net margin
33.21%
Return on equity
47.44%
Return on assets
17.27%
Return on invested capital
22.53%

Financial health

Debt / equity
1.57×
Current ratio
1.32×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends74%59%44%29%Gross margin, FY2021: 59.05%Gross margin, FY2022: 61.49%Gross margin, FY2023: 65.78%Gross margin, FY2024: 66.85%Gross margin, FY2025: 70.09%Operating margin, FY2021: 47.14%Operating margin, FY2022: 50.81%Operating margin, FY2023: 55.80%Operating margin, FY2024: 53.56%Operating margin, FY2025: 56.01%Net margin, FY2021: 32.77%Net margin, FY2022: 32.69%Net margin, FY2023: 34.67%Net margin, FY2024: 32.70%Net margin, FY2025: 33.46%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 59.05%. Gross margin FY2022 61.49%. Gross margin FY2023 65.78%. Gross margin FY2024 66.85%. Gross margin FY2025 70.09%. Operating margin FY2021 47.14%. Operating margin FY2022 50.81%. Operating margin FY2023 55.80%. Operating margin FY2024 53.56%. Operating margin FY2025 56.01%. Net margin FY2021 32.77%. Net margin FY2022 32.69%. Net margin FY2023 34.67%. Net margin FY2024 32.70%. Net margin FY2025 33.46%.

Income trends

Revenue

15.96B MXN+5.91%

Operating income

8.94B MXN+10.74%

Net income

5.34B MXN+8.38%
Income trends across reported periods17.28B MXN12.03B MXN6.79B MXN1.55B MXNRevenue, FY2021: 8.72B MXNRevenue, FY2022: 11.93B MXNRevenue, FY2023: 14.46B MXNRevenue, FY2024: 15.07B MXNRevenue, FY2025: 15.96B MXNOperating income, FY2021: 4.11B MXNOperating income, FY2022: 6.06B MXNOperating income, FY2023: 8.07B MXNOperating income, FY2024: 8.07B MXNOperating income, FY2025: 8.94B MXNNet income, FY2021: 2.86B MXNNet income, FY2022: 3.9B MXNNet income, FY2023: 5.01B MXNNet income, FY2024: 4.93B MXNNet income, FY2025: 5.34B MXNFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 8.72B MXN. Revenue FY2022 11.93B MXN. Revenue FY2023 14.46B MXN. Revenue FY2024 15.07B MXN. Revenue FY2025 15.96B MXN. Operating income FY2021 4.11B MXN. Operating income FY2022 6.06B MXN. Operating income FY2023 8.07B MXN. Operating income FY2024 8.07B MXN. Operating income FY2025 8.94B MXN. Net income FY2021 2.86B MXN. Net income FY2022 3.9B MXN. Net income FY2023 5.01B MXN. Net income FY2024 4.93B MXN. Net income FY2025 5.34B MXN.
Metric (MXN)FY2025FY2024FY2023FY2022FY2021
Revenue15.96B MXN15.07B MXN14.46B MXN11.93B MXN8.72B MXN
Cost of goods sold4.78B MXN5B MXN4.95B MXN4.6B MXN3.57B MXN
Gross profit11.19B MXN10.08B MXN9.51B MXN7.34B MXN5.15B MXN
Selling, general, and administrative871.26M MXN776.41M MXN661.45M MXN667.6M MXN586.54M MXN
Operating expenses2.25B MXN2B MXN1.44B MXN1.27B MXN1.04B MXN
Interest income214.01M MXN245.07M MXN297.91M MXN171.31M MXN129.48M MXN
Interest expense1.48B MXN1.33B MXN1.27B MXN934.1M MXN516.68M MXN
Depreciation and amortization877.63M MXN756.98M MXN641.34M MXN551.2M MXN487.23M MXN
Operating income8.94B MXN8.07B MXN8.07B MXN6.06B MXN4.11B MXN
Net income5.34B MXN4.93B MXN5.01B MXN3.9B MXN2.86B MXN

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
67%
6 beats, 3 misses, 0 met estimates
Average EPS surprise
+1.57%
9 comparable reports
Latest EPS result
1.74
Estimate 1.69 · Beat by 2.96%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.021.741.451.17Q1 '25EstimateQ2 '25BeatQ3 '25MissQ3 '25No estimateQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual —, estimate 1.33, surprise —, Comparison unavailable. Q2 2025, reported Apr 29, 2025: actual 1.3, estimate 1.25, surprise +4.00%, Beat. Q3 2025, reported Jul 28, 2025: actual 1.47, estimate 1.54, surprise -4.55%, Miss. Q3 2025, reported Sep 30, 2025: actual 1.69, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 23, 2026: actual 1.4, estimate 1.65, surprise -15.15%, Miss. Q2 2026, reported Apr 27, 2026: actual 1.41, estimate 1.49, surprise -5.37%, Miss. Q3 2026, reported Jul 27, 2026: actual 1.74, estimate 1.69, surprise +2.96%, Beat. Q4 2026, reported Oct 22, 2026: actual —, estimate 1.94, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates270.49M234.55M198.6M162.66MQ1 '25EstimateQ2 '25MissQ3 '25BeatQ3 '25No estimateQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual —, estimate 190.43M USD, surprise —, Comparison unavailable. Q2 2025, reported Apr 29, 2025: actual 173.06M USD, estimate 178.79M USD, surprise -3.20%, Miss. Q3 2025, reported Jul 28, 2025: actual 233.57M USD, estimate 228.19M USD, surprise +2.36%, Beat. Q3 2025, reported Sep 30, 2025: actual 213.49M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 23, 2026: actual 236.15M USD, estimate 255.06M USD, surprise -7.42%, Miss. Q2 2026, reported Apr 27, 2026: actual 219.11M USD, estimate 199.73M USD, surprise +9.70%, Beat. Q3 2026, reported Jul 27, 2026: actual 256.11M USD, estimate 227.38M USD, surprise +12.64%, Beat. Q4 2026, reported Oct 22, 2026: actual —, estimate 260.09M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$176.33

71.48% upside
Past 12 months12-month forecastHigh $270Average $176.33Low $125

Rating distribution

13 ratings
Strong buy00%
Buy862%
Hold431%
Sell18%
Strong sell00%

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.8853

2013 complete year+129.4% since 2008

2026 partial: $2.886

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 26, 2026

$2.886

Semi-Annual

Record May 26, 2026 · Payment Jun 3, 2026

Dividend

Ex-dividend Nov 26, 2025

$2.5056

Semi-Annual

Record Nov 26, 2025 · Payment Dec 5, 2025

Dividend

Ex-dividend May 23, 2025

$2.3984

Semi-Annual

Record May 23, 2025 · Payment Jun 2, 2025

Dividend

Ex-dividend Nov 19, 2024

$2.1363

Semi-Annual

Record Nov 19, 2024 · Payment Nov 27, 2024

Dividend

Ex-dividend May 21, 2024

$2.5963

Semi-Annual

Record May 22, 2024 · Payment May 31, 2024

Dividend

Ex-dividend Sep 18, 2023

$0.6009

Semi-Annual

Record Sep 19, 2023 · Payment Sep 27, 2023

OMAB peers

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