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

Latest as of September 2025: MX$10.22 Billion MXN ≈ $588.20 Million USD

Based on the latest financial reports, Grupo Aeroportuario del Centro Norte S.A.B. de C.V (OMAB) has net assets worth MX$10.22 Billion MXN (≈ $588.20 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$31.77 Billion ≈ $1.83 Billion USD) and total liabilities (MX$21.55 Billion ≈ $1.24 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check OMAB financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	MX$10.22 Billion
% of Total Assets	32.17%
Annual Growth Rate	2.2%
5-Year Change	-2.6%
10-Year Change	77.2%
Growth Volatility	10.31

Grupo Aeroportuario del Centro Norte S.A.B. de C.V - Net Assets Trend (2003–2024)

This chart illustrates how Grupo Aeroportuario del Centro Norte S.A.B. de C.V's net assets have evolved over time, based on quarterly financial data. Also explore OMAB total assets for the complete picture of this company's asset base.

Annual Net Assets for Grupo Aeroportuario del Centro Norte S.A.B. de C.V (2003–2024)

The table below shows the annual net assets of Grupo Aeroportuario del Centro Norte S.A.B. de C.V from 2003 to 2024. For live valuation and market cap data, see Grupo Aeroportuario del Centro Norte S.A (OMAB) total market value.

Year	Net Assets	Change
2024-12-31	MX$10.54 Billion ≈ $606.82 Million	+7.17%
2023-12-31	MX$9.84 Billion ≈ $566.21 Million	+15.01%
2022-12-31	MX$8.55 Billion ≈ $492.32 Million	-23.88%
2021-12-31	MX$11.24 Billion ≈ $646.76 Million	+3.81%
2020-12-31	MX$10.83 Billion ≈ $623.05 Million	+9.49%
2019-12-31	MX$9.89 Billion ≈ $569.03 Million	+16.16%
2018-12-31	MX$8.51 Billion ≈ $489.86 Million	+17.74%
2017-12-31	MX$7.23 Billion ≈ $416.05 Million	+8.11%
2016-12-31	MX$6.69 Billion ≈ $384.84 Million	+12.38%
2015-12-31	MX$5.95 Billion ≈ $342.45 Million	-2.72%
2014-12-31	MX$6.12 Billion ≈ $352.01 Million	-4.39%
2013-12-31	MX$6.40 Billion ≈ $368.17 Million	-0.29%
2012-12-31	MX$6.42 Billion ≈ $369.24 Million	+5.45%
2011-12-31	MX$6.08 Billion ≈ $350.16 Million	-22.45%
2010-12-31	MX$7.85 Billion ≈ $451.51 Million	+2.22%
2009-12-31	MX$7.67 Billion ≈ $441.70 Million	+1.93%
2008-12-31	MX$7.53 Billion ≈ $433.34 Million	+0.74%
2007-12-31	MX$7.47 Billion ≈ $430.15 Million	-2.84%
2006-12-31	MX$7.69 Billion ≈ $442.72 Million	+5.16%
2005-12-31	MX$7.32 Billion ≈ $421.01 Million	+5.10%
2004-12-31	MX$6.96 Billion ≈ $400.56 Million	+4.31%
2003-12-31	MX$6.67 Billion ≈ $384.02 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Grupo Aeroportuario del Centro Norte S.A.B. de C.V's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 1061.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	MX$8.55 Billion	82.33%
Other Components	MX$1.83 Billion	17.67%
Total Equity	MX$10.38 Billion	100.00%

Grupo Aeroportuario del Centro Norte S.A.B. de C.V Competitors by Market Cap

The table below lists competitors of Grupo Aeroportuario del Centro Norte S.A.B. de C.V ranked by their market capitalization.

Company	Market Cap
Cia de Distribucion Integral MC:LOG	$4.47 Billion
Wingstop Inc NASDAQ:WING	$4.47 Billion
UMICORE S.A UNSP.ADR 1/4 F:NVJ	$4.47 Billion
Linktel Technologies Co. Ltd. A SHE:301205	$4.47 Billion
Chenbro Micom Co Ltd TW:8210	$4.46 Billion
Duolingo Inc NASDAQ:DUOL	$4.46 Billion
Pampa Energia SA ADR NYSE:PAM	$4.46 Billion
Brookfield Infrastructure Corp NYSE:BIPC	$4.45 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Grupo Aeroportuario del Centro Norte S.A.B. de C.V's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 9,670,459,000 to 10,384,774,000, a change of 714,315,000 (7.4%).
Net income of 4,928,804,000 contributed positively to equity growth.
Dividend payments of 4,220,653,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	MX$4.93 Billion	+47.46%
Dividends Paid	MX$4.22 Billion	-40.64%
Other Changes	MX$6.16 Million	+0.06%
Total Change	MX$-	7.39%

Book Value vs Market Value Analysis

This analysis compares Grupo Aeroportuario del Centro Norte S.A.B. de C.V's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 8.57x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 12.83x to 8.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	MX$17.97	MX$230.50	x
2018-12-31	MX$21.22	MX$230.50	x
2019-12-31	MX$24.83	MX$230.50	x
2020-12-31	MX$27.30	MX$230.50	x
2021-12-31	MX$28.63	MX$230.50	x
2022-12-31	MX$21.67	MX$230.50	x
2023-12-31	MX$25.04	MX$230.50	x
2024-12-31	MX$26.89	MX$230.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grupo Aeroportuario del Centro Norte S.A.B. de C.V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 47.46%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 32.70%
• Asset Turnover: 0.55x
• Equity Multiplier: 2.62x
Recent ROE (47.46%) is above the historical average (19.94%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	2.67%	15.88%	0.16x	1.07x	MX$-489.03 Million
2004	4.13%	23.10%	0.17x	1.08x	MX$-408.63 Million
2005	4.86%	25.75%	0.17x	1.09x	MX$-376.26 Million
2006	5.88%	27.81%	0.19x	1.11x	MX$-317.04 Million
2007	0.42%	1.64%	0.21x	1.22x	MX$-716.24 Million
2009	6.14%	24.84%	0.18x	1.34x	MX$-295.62 Million
2010	7.06%	20.87%	0.25x	1.33x	MX$-230.45 Million
2011	10.13%	22.07%	0.30x	1.53x	MX$8.13 Million
2012	12.77%	26.04%	0.31x	1.56x	MX$177.38 Million
2013	18.80%	35.10%	0.31x	1.73x	MX$561.60 Million
2014	16.89%	27.47%	0.30x	2.05x	MX$418.15 Million
2015	21.02%	27.46%	0.36x	2.13x	MX$646.86 Million
2016	28.53%	33.70%	0.41x	2.07x	MX$1.21 Billion
2017	30.09%	29.84%	0.50x	2.01x	MX$1.42 Billion
2018	34.17%	36.07%	0.51x	1.87x	MX$2.02 Billion
2019	33.14%	37.76%	0.49x	1.78x	MX$2.25 Billion
2020	10.28%	20.39%	0.30x	1.70x	MX$29.32 Million
2021	25.84%	32.77%	0.38x	2.07x	MX$1.75 Billion
2022	46.61%	32.69%	0.52x	2.76x	MX$3.06 Billion
2023	51.83%	34.67%	0.57x	2.61x	MX$4.04 Billion
2024	47.46%	32.70%	0.55x	2.62x	MX$3.89 Billion

Industry Comparison

This section compares Grupo Aeroportuario del Centro Norte S.A.B. de C.V's net assets metrics with peer companies in the Airports & Air Services industry.

Industry Context

Industry: Airports & Air Services
Average net assets among peers: $20,643,040,500
Average return on equity (ROE) among peers: 4.04%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Grupo Aeroportuario del Centro Norte S.A.B. de C.V (OMAB)	MX$10.22 Billion	2.67%	2.11x	$4.46 Billion
Grupo Aeroportuario del Sureste S. A. B. de C. V (ASURB)	$14.51 Billion	3.60%	0.15x	$8.47 Billion
Grupo Aeroportuario del Pacífico S.A.B. de C.V (GAPB)	$26.78 Billion	4.48%	0.06x	$10.87 Billion

About Grupo Aeroportuario del Centro Norte S.A.B. de C.V

MX:OMAB Mexico Airports & Air Services

Market Cap

$4.46 Billion

MX$77.54 Billion MXN

Market Cap Rank

#3872 Global

#49 in Mexico

Share Price

MX$230.50

Change (1 day)

-0.99%

52-Week Range

MX$216.30 - MX$288.08

All Time High

MX$288.08