Grupo Aeroportuario Del Centro (OMAB) AI Stock Analysis

• Market Cap: $5.11B
• Dividend Yield: 4.35%
• Average Volume (3M): 85.56K
• Price to Earnings (P/E): 18.7
• Beta (1Y): 0.84
• Revenue Growth: -2.04%
• EPS Growth: -3.82%
• Country: US
• Employees: 1,163
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): 1.68
• Shares Outstanding: 42,543,194
• 10 Day Avg. Volume: 74,199
• 30 Day Avg. Volume: 85,558
• PEG Ratio: -8.28
• Price to Book (P/B): 6.66
• Price to Sales (P/S): 4.59
• P/FCF Ratio: 11.77
• Enterprise Value/Market Cap: 1.08
• Enterprise Value/Revenue: 0.35
• Enterprise Value/Gross Profit: 0.48
• Enterprise Value/Ebitda: 0.57
• 1Y Price Target: $120.00
• Price Target Upside: 17.88% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 6.39
• Revenue Forecast (FY): $891.36M

• Rating: 76 Outperform
• Price Target: $112.00 ▲(10.02% Upside)

Grupo Aeroportuario Del Centro's strong financial performance and reasonable valuation are key strengths. The earnings call provided a cautiously optimistic outlook, despite some cost pressures. Technical indicators suggest a bearish trend, which slightly offsets the overall positive financial and operational performance.

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 demonstrates strong financial health with robust revenue growth, high profitability margins, and stable financial structure. The company's effective cash flow management supports its operational and strategic initiatives, positioning it well for sustained growth.

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: Positive
• Last Price: 101.80
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OMAB, the sentiment is Positive. The current price of 101.8 is below the 20-day moving average (MA) of 102.37, below the 50-day MA of 103.98, and above the 200-day MA of 94.96, indicating a bullish trend. The MACD of -0.19 indicates Negative momentum. The RSI at 53.94 is Neutral, neither overbought nor oversold. The STOCH value of 77.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OMAB.

Grupo Aeroportuario Del Centro Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OMAB	76 Outperform	$5.11B	18.70	53.28%	4.35%	-2.04%	-3.82%
ASR	73 Outperform	$9.34B	16.34	24.69%	10.57%	8.70%	-21.15%
PAC	70 Outperform	$11.05B	21.64	46.45%	5.66%	11.58%	1.15%
CAAP	70 Outperform	$3.61B	24.76	10.46%	―	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 Strong Passenger and Revenue Growth in Q3 2025

On October 23, 2025, OMA reported its financial and operating results for the third quarter of 2025, showing a 7.7% increase in passenger traffic compared to the same period in 2024, reaching 7.6 million passengers. The company also experienced a 9.8% growth in combined aeronautical and non-aeronautical revenues, and a 9.0% rise in adjusted EBITDA. Notably, Monterrey, San Luis Potosí, and Chihuahua airports saw the highest traffic growth, while Mazatlán, Culiacán, and Reynosa experienced declines. OMA’s strategic investments and major maintenance works amounted to Ps.472 million during the quarter, reflecting its commitment to infrastructure development. The company also reported an increase in industrial services revenues by 52.6%, driven by higher leasing activities.

OMA Reports Significant Passenger Traffic Growth in September 2025

On October 6, 2025, OMA reported an 8.8% increase in passenger traffic for September 2025 compared to the same month in 2024. This growth includes an 8.6% rise in domestic traffic and a 9.7% increase in international traffic, indicating a positive trend for the company’s operational performance and its position in the aviation industry.

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.