Company Analysis

Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB)

Nasdaq: OMAB · Airports, Flying Fields & Airport Terminal Services · Apodaca, Nuevo Le?N, MX · filing with the SEC since 2006
Grade6.7
◀ Past 7.5● Present 7.3▶ Future 5.2
1 est.

The grade of Grupo Aeroportuario del Centro Norte S.A.B. de C.V.

Nine metrics read from its own filings, by tense
Headline grade
6.7/10
◀ Past7.530% of the headline
● Present7.340% of the headline
▶ Future5.230% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

7.5/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.5/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 75th percentile among 12 sector filers · read for itself

From the record

Grupo Aeroportuario del Centro Norte S.A.B. de C.V.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.9/10

What has it actually done, year after year?

+14.4% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 69th percentile among 12 sector filers · read for its customers

From the record

Grupo Aeroportuario del Centro Norte S.A.B. de C.V.'s 10 filed years say what it did: revenue went from MXN 4.5 billion in fiscal 2015 to MXN 15 billion in fiscal 2024, up 14.4% a year; it rose in 8 of 9 years; the deepest fall was 37% from fiscal 2019 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span14.4%top 37% of its family
  • the share of years revenue rosetop 12% of its family
  • the share of filed years with a profittop 21% of its family
  • the deepest fall from a revenue peak37.1%bottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.7/10

How has it treated the people who own it?

Share count shrank 0.2% a year. 83% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 86th percentile among 8 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2024-12-31, Grupo Aeroportuario del Centro Norte S.A.B. de C.V.'s diluted share count shrank about 0.2% a year, and dividends and buybacks returned about 83% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 21% of its family
  • cash returned against operating cash flowtop 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.3/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
8.0/10

Is it financially healthy right now?

ROE 47%: 47¢ of profit per shareholder dollar. Leverage 61%: owes 61¢ per asset dollar.

weight 33% of this tense · 80th percentile among 12 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2024-12-31, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. earned about 47 cents of profit for every dollar of shareholders' money. Leverage: it owed about 61 cents per dollar of assets, and net share issuance: its share count was unchanged over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 29% of its family
  • return on equitytop 7% of its family
  • the share count against the year beforetop 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.9/10

How strong is its position in its industry?

top 21% of 12 in its family; net margin 32.7%.

weight 45% of this tense · 79th percentile among 12 sector filers · read for its customers

From the record

Grupo Aeroportuario del Centro Norte S.A.B. de C.V.'s standing among 12 graded names in its industry family: revenue of MXN 15 billion in fiscal 2024 is not ranked by size, since the family reports in another currency; a net margin of 32.7% ranks in the top 21%; revenue growth of 20% a year over the last 3 filed years ranks in the top 21% (its annual reports).

What it rests on

  • net margin32.7%top 21% of its family
  • three-year revenue growth20.0%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 6 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-16 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 6 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-16 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 6 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Grupo Aeroportuario del Centro Norte S.A.B. de C.V.'s leadership is put at 5.0 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-16 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 6 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.2/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.1/10

How much room does it have to grow?

top 49% of 11 in its family for room to expand.

weight 22% of this tense · 51st percentile among 11 sector filers · read for itself

From the record

Grupo Aeroportuario del Centro Norte S.A.B. de C.V.'s room to grow, from the newest filed statements (fiscal 2024): cash of MXN 1.7 billion against debt of MXN 11 billion leaves -33.1% of its assets as net cash, bottom 23% of its family; cash from operations less capital spending is 39% of revenue (top 21%) (its annual report).

What it rests on

  • cash less debt against assets-33.1%bottom 23% of its family
  • cash from operations less capital spending against revenue39.0%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.6/10

What could actually drive growth from here?

top 34% of 12 in its family for growth drivers.

weight 45% of this tense · 66th percentile among 12 sector filers · read for its customers

From the record

Grupo Aeroportuario del Centro Norte S.A.B. de C.V.'s growth drivers, from the filed years to fiscal 2024: revenue grew 20% a year over the last three filed years against 14.4% over all 10, speeding up (top 12% of its family); the newest year grew 4.3% (bottom 46%); capital spending grew 46.9% a year (top 35%) (its annual reports). Grupo Aeroportuario del Centro Norte S.A.B. de C.V. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+5.6 points a yeartop 12% of its family
  • the newest year's revenue growth4.3%bottom 46% of its family
  • three-year growth of capital spending46.9%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.5/10

Did its newest year beat what its own record pointed to?

bottom 35% of 11 in its family for expectations against reality.

weight 33% of this tense · 35th percentile among 11 sector filers · read for its shareholders

From the record

Grupo Aeroportuario del Centro Norte S.A.B. de C.V.'s newest year against its own record: revenue of MXN 15 billion in fiscal 2024 came in 19% below the MXN 19 billion its prior three years' pace pointed to (bottom 23% of its family); net income of MXN 4.9 billion against a prior three-year average of MXN 3.9 billion (top 50%); a net margin of 32.7% against 33.5% before (bottom 32%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-19.0%bottom 23% of its family
  • net income against the prior three years' average+26%top 50% of its family
  • net margin against its prior average-0.7 pointsbottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton OMAB · research, not advice