OMAB · NASDAQ · Airlines, Airports & Air Services

OMA (ADR) (OMAB)

Operates Mexico's central and northern airport network, anchored by Monterrey.

$102.83
vs last close+3.27 (+3.28%)
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Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.OMAB
Industrials

Operates 13 international airports in central and northern Mexico under long-term concessions. Regulated aeronautical charges sit alongside commercial, cargo, hotel, and industrial-park activities.

Operates a network of 13 international airports in central and northern Mexico. Monterrey anchors a portfolio that includes tourist, regional-city, and border-city airports. Incorporated in 1998 from government-owned airport assets, it was part of Mexico's airport restructuring.

Aeronautical services generate passenger, landing, parking, passenger-walkway, and airport-security charges. The broader mix includes parking, retail, restaurant, and advertising leases, hotels, cargo logistics, and an industrial park.

Concessions granted in 1998 require continuous, public, non-discriminatory service, maintenance, and investment through airport master development programs. Aeronautical charges are subject to maximum-rate regulation; commercial and diversification activities generally are not.

Company facts

CEORicardo Dueñas Espriu
ListedNov 29, 2006
ExchangeNASDAQ
HeadquartersMexico City, Mexico
CountryMexico
Employees1,326
CIK0001378239
ISINUS4005011022

Market cap$4.81B
EPS (ttm)$6.49
P/E (ttm)15.34
ROE50.5%
P/B9.10
P/S5.08
Dividend yieldDiv yield5.42%
Beta0.96vs XLI 0.32

Price target$129.50+30.1%Average of 13 analysts
ConsensusBuy8 of 13 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 26, 2026BradescoDowngrade
Rating: OutperformTarget: $120
Rating: NeutralTarget: $110
Aug 23, 2026BTG PactualTarget
Target:
Target: $270
Aug 5, 2026Morgan StanleyReiterate
Rating: Target: $77
Rating: OverweightTarget: $125
Jul 22, 2026JP MorganUpgrade
Rating: Underweight
Rating: Neutral
May 8, 2026CitigroupUpgrade
Rating: Neutral
Rating: Buy

Next report
Oct 22, 26
in 30 days
EPS estimate
$1.94
Revenue estimate
$270.7M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Oct '24Apr '25Jul '25Sep '25Feb '26Apr '26Jul '26Oct '26
Reported$1.51$1.30$1.47$1.69$1.40$1.41$1.74Pending
Estimate$1.40$1.25$1.54$1.65$1.49$1.69$1.94
Surprise+7.9%+4.0%−4.5%−15.2%−5.4%+3.0%

RevenueReportedEstimate

Oct '24Apr '25Jul '25Sep '25Feb '26Apr '26Jul '26Oct '26
Reported$192.1M$173.1M$233.6M$213.5M$236.1M$219.1M$256.1MPending
Estimate$9.1M$178.8M$228.2M$255.1M$199.7M$227.4M$270.7M
Surprise+2,007.0%−3.2%+2.4%−7.4%+9.7%+12.6%
Estimate$1.94
ReportedDue Oct 22, 2026
Estimate$270.7M
ReportedDue Oct 22, 2026
View details

Debt to equity156.70%
Current ratio65.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$214.0M$237.8M$206.2M$251.6M$227.1M$237.7M$220.6M$258.1M
Net income$79.6M$68.6M$74.2M$77.2M$86.9M$70.3M$71.3M$84.8M
Net margin37.2%28.9%36.0%30.7%38.3%29.6%32.3%32.8%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$125.3M$126.2M$122.0M$132.7M$138.9M$123.1M$120.3M$138.1M
YoY growth−4.6%+9.8%+17.7%Turned profit+10.8%−2.4%−1.4%+4.1%

Balance sheet, Jun 30, 2026Cash & short-term investments $148.9M · Total debt $824.8M · Total assets $1.85B · Shareholders' equity $526.4M

Revenue
$258.1M
Operating income
$138.1M
Net income
$84.8M

Reported in MXN, converted at the latest exchange rate

View details

Dividend yield
5.42%
Next ex-date
Nov 26, 26
estimated · in 65 days
Annual dividend
$5.39
per share
Schedule
Semi-annual
2 payments a year

HistoryDividendAnnual yield

Mar '23Jun '23Sep '23May '24Nov '24May '25Nov '25May '26
Dividend$1.6197$2.1446$0.6009$2.5963$2.1363$2.3984$2.5056$2.886
Annual yield2.73%7.31%2.85%3.73%7.32%4.63%4.58%5.28%
Ex-dateMar 2Jun 20Sep 18May 21Nov 19May 23Nov 26May 26
Payment dateMar 10Jun 29Sep 27May 31Nov 27Jun 2Dec 5Jun 3
View details

Institutions≈ 12.24%5.91M ADS
168 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Strategic holders3.62%1.75M ADS
1 holder · as of Feb 2, 2021
Other≈ 84.14%40.61M ADS
remainder

48.27M ADS (1 ADS = 8 ordinary shares) as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Standard Life Aberdeen plcInstitution
3.76%1.81Mfiled Feb 11, 2020
Norges Bank (The Central Bank of Norway)Strategic
3.62%1.75Mfiled Feb 2, 2021
BlackRock, Inc.Institution
3.01%1.45M B ADSas of Jun 30, 2026
Nuveen, LLCInstitution
1.30%625,447 B ADSas of Jun 30, 2026
State Street CorpInstitution
0.86%415,077 B ADSas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Compare

CompanyPriceChange
OMA (ADR)$102.83+3.28%$4.81B15.316.25.1+9.7%
Grupo Aeroportuario del Pacífico (ADR)$208.15+0.07%$10.80B17.220.95.6+11.1%
Grupo Aeroportuario del Sureste (ADR)$245.01−0.02%$7.35B12.714.23.3+17.3%
Corporación América Airports$24.20+0.04%$3.95B14.29.52.0+12.0%
Median14.214.23.3+12.0%