Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) Financial Ratios
21 years of historical data (2005–2025) · Industrials · Airlines, Airports & Air Services
EV/EBITDA
↑
10.80
↑+670% vs avg
5yr avg: 1.40
30Y Low0.4·High2.1
P/FCF
↓
12.97
↑+1362% vs avg
5yr avg: 0.89
30Y Low0.5·High3.9
P/B Ratio
↑
8.36
↑+2261% vs avg
5yr avg: 0.35
30Y Low0.1·High0.5
ROE
↑
48.6%
↓+12% vs avg
5yr avg: 43.4%
30Y Low6%·High54%
Debt/EBITDA
↓
1.38
↓-4% vs avg
5yr avg: 1.44
30Y Low0.1·High2.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
OMAB Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. trades at 17.9x earnings, 2055% above its 5-year average of 0.8x, sitting at the 100th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a discount of 30%. On a free-cash-flow basis, the stock trades at 13.0x P/FCF, 1362% above the 5-year average of 0.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.5B | $5.3B | $3.3B | $4.1B | $3.0B | $2.6B | $2.5B | $2.9B | $1.9B | $2.0B | $1.7B |
| Enterprise Value | $6.1B | $15.7B | $13.1B | $12.4B | $10.0B | $4.5B | $4.3B | $4.3B | $3.5B | $4.3B | $3.4B |
| P/E Ratio → | 17.89 | 0.98 | 0.67 | 0.82 | 0.77 | 0.91 | 2.31 | 0.91 | 0.66 | 0.96 | 0.91 |
| P/S Ratio | 5.98 | 0.33 | 0.22 | 0.28 | 0.25 | 0.30 | 0.47 | 0.35 | 0.24 | 0.29 | 0.31 |
| P/B Ratio | 8.36 | 0.46 | 0.31 | 0.42 | 0.35 | 0.23 | 0.23 | 0.30 | 0.22 | 0.28 | 0.25 |
| P/FCF | 12.97 | 0.71 | 0.56 | 0.69 | 1.44 | 1.03 | — | 0.80 | 0.53 | 1.52 | 0.75 |
| P/OCF | 12.69 | 0.70 | 0.53 | 0.64 | 0.60 | 0.59 | 1.93 | 0.79 | 0.50 | 0.70 | 0.71 |
P/E links to full P/E history page with 30-year chart
OMAB EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.'s enterprise value stands at 10.8x EBITDA, 670% above its 5-year average of 1.4x. The Industrials sector median is 13.9x, placing the stock at a 22% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.99 | 0.87 | 0.86 | 0.84 | 0.52 | 0.80 | 0.50 | 0.44 | 0.61 | 0.61 |
| EV / EBITDA | 10.80 | 1.60 | 1.48 | 1.42 | 1.52 | 0.99 | 1.98 | 0.81 | 0.78 | 1.23 | 1.11 |
| EV / EBIT | 11.86 | 1.76 | 1.56 | 1.49 | 1.61 | 1.04 | 2.23 | 0.86 | 0.81 | 1.31 | 1.15 |
| EV / FCF | — | 2.14 | 2.23 | 2.09 | 4.83 | 1.80 | — | 1.17 | 1.00 | 3.24 | 1.49 |
OMAB Profitability
Margins and return-on-capital ratios measuring operating efficiency
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. earns an operating margin of 56.0%, significantly above the Industrials sector average of 4.3%. Return on equity of 48.6% is exceptionally high — well above the sector median of 8.2%. ROIC of 31.7% represents excellent returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 75.6% | 75.6% | 65.3% | 65.8% | 61.5% | 59.0% | 46.9% | 65.1% | 61.6% | 59.4% | 63.4% |
| Operating Margin | 56.0% | 56.0% | 53.6% | 55.8% | 50.8% | 47.1% | 32.1% | 56.9% | 52.3% | 45.4% | 50.2% |
| Net Profit Margin | 33.5% | 33.5% | 32.7% | 34.7% | 32.7% | 32.8% | 20.4% | 37.8% | 36.1% | 29.8% | 33.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 48.6% | 48.6% | 48.4% | 54.5% | 39.4% | 25.9% | 10.6% | 35.0% | 36.2% | 30.6% | 29.6% |
| ROA | 18.4% | 18.4% | 18.8% | 20.7% | 17.0% | 13.9% | 6.2% | 19.6% | 19.1% | 15.3% | 14.4% |
| ROIC | 31.7% | 31.7% | 31.5% | 35.9% | 31.6% | 23.9% | 10.9% | 34.1% | 31.5% | 27.1% | 25.4% |
| ROCE | 35.6% | 35.6% | 34.6% | 39.8% | 33.9% | 25.7% | 11.5% | 31.9% | 30.1% | 25.4% | 23.2% |
OMAB Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. carries a Debt/EBITDA ratio of 1.4x, which is manageable (57% below the sector average of 3.2x). Net debt stands at $10.5B ($13.6B total debt minus $3.1B cash). Interest coverage of 6.5x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.19 | 1.19 | 1.09 | 1.11 | 1.21 | 0.70 | 0.43 | 0.48 | 0.54 | 0.64 | 0.70 |
| Debt / EBITDA | 1.38 | 1.38 | 1.30 | 1.25 | 1.57 | 1.72 | 2.18 | 0.90 | 1.03 | 1.31 | 1.53 |
| Net Debt / Equity | — | 0.92 | 0.93 | 0.84 | 0.82 | 0.17 | 0.16 | 0.13 | 0.19 | 0.32 | 0.25 |
| Net Debt / EBITDA | 1.07 | 1.07 | 1.11 | 0.95 | 1.07 | 0.42 | 0.81 | 0.25 | 0.37 | 0.65 | 0.55 |
| Debt / FCF | — | 1.42 | 1.67 | 1.40 | 3.39 | 0.77 | — | 0.36 | 0.47 | 1.72 | 0.75 |
| Interest Coverage | 6.46 | 6.46 | 6.32 | 6.56 | 6.67 | 8.42 | 4.55 | 13.23 | 13.24 | 9.36 | 8.93 |
OMAB Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.32x means Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.98x to 1.32x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.32 | 1.32 | 1.31 | 1.98 | 1.06 | 1.59 | 1.12 | 3.89 | 3.23 | 3.17 | 3.70 |
| Quick Ratio | 1.32 | 1.32 | 1.31 | 1.98 | 1.06 | 1.59 | 1.09 | 3.89 | 3.10 | 2.97 | 3.46 |
| Cash Ratio | 0.66 | 0.66 | 0.51 | 1.04 | 0.63 | 1.22 | 0.71 | 2.78 | 2.43 | 2.16 | 2.71 |
| Asset Turnover | — | 0.52 | 0.55 | 0.57 | 0.52 | 0.38 | 0.30 | 0.49 | 0.51 | 0.50 | 0.41 |
| Inventory Turnover | — | — | — | — | — | — | 24.71 | — | 18.45 | 13.05 | 7.64 |
| Days Sales Outstanding | — | 46.99 | 54.76 | 42.51 | 46.65 | 56.98 | 93.57 | 45.10 | 37.36 | 38.96 | 53.81 |
OMAB Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. returns 4.7% to shareholders annually — split between a 4.7% dividend yield and 0.0% buyback yield. The payout ratio of 83.7% is elevated — while still covered by earnings, there is limited headroom for dividend increases. The earnings yield of 5.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.7% | 85.1% | 100.0% | 91.5% | 100.0% | 75.9% | — | 54.3% | 85.9% | 77.2% | 80.9% |
| Payout Ratio | 83.7% | 83.7% | 85.4% | 74.6% | 169.6% | 69.3% | — | 49.7% | 56.3% | 74.0% | 73.3% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.6% | 101.7% | 148.7% | 122.7% | 130.7% | 109.5% | 43.3% | 109.4% | 152.6% | 104.1% | 110.2% |
| FCF Yield | 7.7% | 140.3% | 177.3% | 145.2% | 69.7% | 96.7% | — | 124.4% | 187.1% | 65.7% | 133.6% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 18.2% | 5.9% | 8.3% | 0.0% | 1.7% | 0.0% |
| Total Shareholder Yield | 4.7% | 85.2% | 100.0% | 91.5% | 100.0% | 94.1% | 5.9% | 62.6% | 85.9% | 78.8% | 80.9% |
| Shares Outstanding | — | $48M | $48M | $48M | $48M | $49M | $49M | $49M | $49M | $49M | $49M |
Peer Comparison
Compare OMAB with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 OMABYou | $6B | 17.9 | 10.8 | 13.0 | 75.6% | 56.0% | 48.6% | 31.7% | 1.4 |
 PAC | $11B | 22.3 | 10.6 | 32.4 | 77.1% | 54.0% | 40.4% | 21.9% | 2.2 |
 ASUR | $237M | -17.2 | 14.9 | 11.1 | 67.5% | -6.0% | -6.6% | -2.8% | 4.1 |
 BSAC | $15B | 0.0 | 17.8 | 22.2 | 48.8% | 26.7% | 18.4% | 4.5% | 11.5 |
 UAL | $38B | 11.6 | 8.3 | 15.0 | 64.1% | 8.0% | 24.0% | 9.1% | 4.1 |
 DAL | $55B | 11.0 | 8.7 | 14.3 | 22.8% | 9.2% | 27.8% | 12.0% | 2.6 |
 VLRS | $1B | -10.0 | 5.2 | 1.4 | 27.4% | 4.4% | -33.1% | 3.0% | 4.9 |
 JBLU | $2B | -3.4 | 32.3 | — | 33.9% | -4.1% | -25.3% | -2.7% | 32.0 |
 ALK | $6B | 56.6 | 10.8 | — | 59.7% | 2.1% | 2.4% | 2.3% | 6.3 |
 CAAP | $4B | 18.1 | 6.9 | 10.1 | 35.2% | 25.2% | 15.6% | 16.8% | 1.5 |
 GATX | $6B | 19.4 | 14.3 | — | 48.6% | 30.7% | 11.0% | 3.7% | 13.0 |
| Industrials Median | — | 25.6 | 13.9 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 21 years · Updated daily
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OMAB — Frequently Asked Questions
Quick answers to the most common questions about buying OMAB stock.
What is Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.'s P/E ratio?
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.'s current P/E ratio is 17.9x. The historical average is 1.1x. This places it at the 100th percentile of its historical range.
What is Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.'s EV/EBITDA?
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.'s current EV/EBITDA is 10.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 1.4x.
What is Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.'s ROE?
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.'s return on equity (ROE) is 48.6%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 23.8%.
Is OMAB stock overvalued?
Based on historical data, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. is trading at a P/E of 17.9x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.'s dividend yield?
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.'s current dividend yield is 4.68% with a payout ratio of 83.7%.
What are Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.'s profit margins?
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has 75.6% gross margin and 56.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. have?
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.'s Debt/EBITDA ratio is 1.4x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.