Grupo Aeroportuario Del Centro (OMAB) AI Stock Analysis

• Market Cap: $5.06B
• Dividend Yield: 4.33%
• Average Volume (3M): 81.94K
• Price to Earnings (P/E): 19.2
• Beta (1Y): 1.14
• Revenue Growth: -7.59%
• EPS Growth: -9.80%
• Country: US
• Employees: 1,163
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): 1.48
• Shares Outstanding: 42,543,194
• 10 Day Avg. Volume: 75,316
• 30 Day Avg. Volume: 81,936
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.11
• Enterprise Value/Revenue: 0.36
• Enterprise Value/Gross Profit: 0.49
• Enterprise Value/Ebitda: 0.58
• 1Y Price Target: $105.00
• Price Target Upside: 0.41% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 3

• Rating: 77 Outperform
• Price Target: $118.00 ▲(12.84% Upside)

Grupo Aeroportuario Del Centro's strong financial performance and positive earnings call sentiment are the primary drivers of its stock score. While the technical analysis indicates some bearish trends, the company's robust revenue growth and attractive dividend yield support a favorable outlook. Transitional challenges and increased costs are noted but do not significantly detract from the overall positive assessment.

Grupo Aeroportuario Del Centro Business Overview & Revenue Model

Company Description

Grupo Aeroportuario Del Centro (OMAB) is a leading airport operator in Mexico, responsible for the management and operation of several key airports across the central region of the country. The company focuses on providing high-quality services to passengers and airlines, ensuring efficient airport operations while enhancing customer experience. OMAB's core products and services include passenger and cargo handling, retail and food & beverage concessions, and ground transportation services, making it a crucial player in the aviation and travel sectors.

How the Company Makes Money

Grupo Aeroportuario Del Centro generates revenue primarily through airport operations, which include landing and takeoff fees charged to airlines, terminal usage fees, and passenger service charges. These fees are based on the volume of flights and passengers handled at their airports. Additionally, the company earns significant income from retail and concession agreements within airport terminals, including shops, restaurants, and lounges. OMAB also benefits from ancillary services like parking fees and ground transportation services. Strategic partnerships with airlines and service providers further enhance revenue opportunities, as they contribute to increased passenger traffic and operational synergies.

Grupo Aeroportuario Del Centro Financial Statement Overview

Summary

Grupo Aeroportuario Del Centro exhibits strong financial health with consistent revenue growth and profitability. The company has a well-managed income statement, a stable balance sheet, and robust cash flow generation, supporting its strategic initiatives.

Income Statement

Grupo Aeroportuario Del Centro has demonstrated robust growth with a steady increase in revenue from 2020 to 2024. The company has maintained a strong Gross Profit Margin, increasing from approximately 46.9% in 2020 to 65.3% in 2024. The Net Profit Margin has also been healthy, with TTM figures showing significant profitability. EBIT and EBITDA margins are strong, reflecting efficient operational management. The Revenue Growth Rate has been impressive, particularly between 2021 and 2022, showcasing the company's ability to expand effectively.

Balance Sheet

The company's Balance Sheet reflects a solid financial position with a stable Debt-to-Equity ratio. While Total Debt has increased over the years, equity has also strengthened, resulting in a stable leverage position. The Return on Equity (ROE) is quite strong, indicating effective use of equity to generate profits. The Equity Ratio has remained relatively stable, suggesting a balanced approach to financing with equity and debt.

Cash Flow

Cash flow analysis reveals a strong ability to generate cash from operations, with Operating Cash Flow consistently growing. The Free Cash Flow has shown significant improvement since 2020, indicating effective capital management and investment strategies. The Operating Cash Flow to Net Income ratio is favorable, demonstrating efficient cash conversion. Free Cash Flow growth has been supported by disciplined capital expenditure management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.74B	15.07B	14.46B	11.93B	8.72B	5.37B
Gross Profit	11.59B	9.84B	9.51B	7.34B	5.15B	2.52B
EBITDA	9.69B	9.16B	8.97B	6.78B	4.84B	2.35B
Net Income	5.18B	4.93B	5.01B	3.90B	2.86B	1.09B
Balance Sheet
Total Assets	30.35B	27.23B	25.24B	23.07B	22.89B	18.14B
Cash, Cash Equivalents and Short-Term Investments	3.35B	1.66B	2.58B	3.34B	5.99B	2.96B
Total Debt	13.58B	11.46B	10.88B	10.39B	7.92B	4.71B
Total Liabilities	21.64B	16.69B	15.40B	14.52B	11.65B	7.31B
Stockholders Equity	8.55B	10.38B	9.67B	8.37B	11.06B	10.65B
Cash Flow
Free Cash Flow	5.10B	5.88B	5.93B	2.08B	2.52B	-138.16M
Operating Cash Flow	7.36B	6.20B	6.33B	4.99B	4.45B	1.30B
Investing Cash Flow	-2.90B	-2.51B	-2.79B	-2.75B	-1.79B	-1.32B
Financing Cash Flow	-2.73B	-4.66B	-4.30B	-4.88B	292.27M	-528.89M

Grupo Aeroportuario Del Centro Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 104.57
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OMAB, the sentiment is Neutral. The current price of 104.57 is below the 20-day moving average (MA) of 106.18, below the 50-day MA of 106.40, and above the 200-day MA of 90.28, indicating a neutral trend. The MACD of -0.14 indicates Positive momentum. The RSI at 45.59 is Neutral, neither overbought nor oversold. The STOCH value of 12.76 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for OMAB.

Grupo Aeroportuario Del Centro Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASR	79 Outperform	10.17B	16.00	35.56%	7.23%	5.67%	-9.58%
OMAB	77 Outperform	$5.06B	19.22	59.78%	4.33%	-7.59%	-9.80%
PAC	74 Outperform	12.54B	26.80	38.54%	4.89%	7.45%	-13.53%
CAAP	71 Outperform	3.05B	21.15	20.64%	―	10.45%	-62.52%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Grupo Aeroportuario Del Centro Corporate Events

OMA Reports Significant Passenger Traffic Growth in August 2025

In August 2025, Grupo Aeroportuario del Centro Norte (OMA) reported a 7.4% increase in terminal passenger traffic across its 13 airports compared to the same month in 2024. This growth was driven by a 6.7% rise in domestic traffic and an 11.6% increase in international traffic, with 99.5% of the total traffic being commercial. This uptick in passenger numbers indicates a positive trend for OMA’s operations, potentially strengthening its market position and benefiting stakeholders.

OMA Unveils 2024 Sustainability Achievements

On August 6, 2025, Grupo Aeroportuario del Centro Norte (OMA) released its 2024 Sustainability Report, highlighting significant progress in environmental, social, and governance (ESG) initiatives. The report reveals a 91% reduction in Scope 1 and 2 carbon emissions since 2018, maintaining its status as the only Mexican airport group certified under ISO 14064. All 13 airports achieved Level 3 ‘Optimization’ under the Airport Carbon Accreditation program, and the company reported zero use of phytosanitary products. Additionally, female representation in leadership roles increased to 20%, moving towards a 30% target by 2030. These advancements underscore OMA’s commitment to sustainability and its leadership in the Mexican airport industry.

OMA Reports 7.1% Passenger Traffic Growth in July 2025

In July 2025, OMA reported a 7.1% increase in passenger traffic across its 13 airports compared to the previous year, with domestic traffic rising by 6.4% and international traffic by 11.9%. This growth highlights OMA’s robust operational performance and strengthens its position in the aviation industry, potentially benefiting stakeholders by enhancing connectivity and expanding route options.

OMA Reports Strong Q2 2025 Results with Increased Passenger Traffic and Revenue

In the second quarter of 2025, OMA reported a significant increase in passenger traffic by 11.3% compared to the same period in 2024, reaching 7.2 million passengers. This growth was accompanied by a 16.8% rise in combined aeronautical and non-aeronautical revenues and an 18.8% increase in adjusted EBITDA, reaching Ps.2,564 million. The company also invested Ps.975 million in capital investments and major maintenance works as part of its Master Development Plans. The announcement reflects OMA’s strong operational performance and strategic growth in the aviation industry, enhancing its market position and providing positive implications for stakeholders.

OMA Reports Significant Passenger Traffic Growth in June 2025

In June 2025, OMA reported an 8.5% increase in passenger traffic compared to the previous year, with domestic traffic up by 8.2% and international traffic rising by 10.5%. This growth, which included the launch of two new routes, underscores OMA’s robust operational performance and strengthens its position in the Mexican aviation market.

OMA Completes Ps.2.75 Billion Debt Issuance

On June 27, 2025, Grupo Aeroportuario del Centro Norte (OMA) completed the issuance of long-term notes in the Mexican market, raising Ps.2.75 billion. This financial move is expected to bolster OMA’s operational capabilities and strengthen its position in the airport management industry, potentially benefiting stakeholders through enhanced service offerings and infrastructure development.

OMA Successfully Places Ps.2.75 Billion in Long-term Notes

On June 25, 2025, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMA) announced the successful placement of long-term notes in the Mexican market, raising Ps.2.75 billion. The issuance was well-received, with demand exceeding supply by 4.3 times, and was participated in by pension funds, investment funds, governmental entities, and insurance companies. The notes, rated AAA(mex) by Fitch and AAA.mx by Moody’s Local, will be used to prepay short-term loans and fund investments under the 2021-2025 Master Development Program, as well as for general corporate purposes. This strategic financial move is expected to strengthen OMA’s financial position and support its ongoing development projects.