Grupo Aeroportuario del Centro Norte SAB de CV
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Acapulco, Mazatlán, and Zihuatanejo; Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas; and Ciudad Juárez and Reynosa cities. It is also involved in leasing of sp… Read more
Grupo Aeroportuario del Centro Norte SAB de CV (OMAB) - Net Assets
Latest net assets as of December 2025: $11.43 Billion USD
Based on the latest financial reports, Grupo Aeroportuario del Centro Norte SAB de CV (OMAB) has net assets worth $11.43 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($30.94 Billion) and total liabilities ($19.51 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.43 Billion |
| % of Total Assets | 36.93% |
| Annual Growth Rate | 14.85% |
| 5-Year Change | 1.68% |
| 10-Year Change | 70.88% |
| Growth Volatility | 236.46 |
Grupo Aeroportuario del Centro Norte SAB de CV - Net Assets Trend (2004–2025)
This chart illustrates how Grupo Aeroportuario del Centro Norte SAB de CV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grupo Aeroportuario del Centro Norte SAB de CV (2004–2025)
The table below shows the annual net assets of Grupo Aeroportuario del Centro Norte SAB de CV from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $11.43 Billion | +8.37% |
| 2024-12-31 | $10.54 Billion | +7.17% |
| 2023-12-31 | $9.84 Billion | +15.01% |
| 2022-12-31 | $8.55 Billion | -23.88% |
| 2021-12-31 | $11.24 Billion | +3.81% |
| 2020-12-31 | $10.83 Billion | +9.49% |
| 2019-12-31 | $9.89 Billion | +16.16% |
| 2018-12-31 | $8.51 Billion | +17.74% |
| 2017-12-31 | $7.23 Billion | +8.11% |
| 2016-12-31 | $6.69 Billion | +12.38% |
| 2015-12-31 | $5.95 Billion | -2.72% |
| 2014-12-31 | $6.12 Billion | -4.39% |
| 2013-12-31 | $6.40 Billion | -0.29% |
| 2012-12-31 | $6.42 Billion | +5.45% |
| 2011-12-31 | $6.08 Billion | -22.45% |
| 2010-12-31 | $7.85 Billion | +2.22% |
| 2009-12-31 | $7.67 Billion | +1.93% |
| 2008-12-31 | $7.53 Billion | +0.74% |
| 2007-12-31 | $7.47 Billion | -2.84% |
| 2006-12-31 | $7.69 Billion | +1.72% |
| 2005-12-31 | $7.56 Billion | +1111.95% |
| 2004-12-31 | $624.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grupo Aeroportuario del Centro Norte SAB de CV'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 9438.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.94 Billion | 97.13% |
| Common Stock | $297.78 Million | 2.64% |
| Other Comprehensive Income | $-4.75 Million | -0.04% |
| Other Components | $29.79 Million | 0.26% |
| Total Equity | $11.26 Billion | 100.00% |
Grupo Aeroportuario del Centro Norte SAB de CV Competitors by Market Cap
The table below lists competitors of Grupo Aeroportuario del Centro Norte SAB de CV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Enphase Energy Inc
NASDAQ:ENPH
|
$5.36 Billion |
|
AAON Inc
NASDAQ:AAON
|
$5.36 Billion |
|
Porsche Automobil Holding SE
PINK:POAHF
|
$5.36 Billion |
|
Altair Engineering Inc
NASDAQ:ALTR
|
$5.36 Billion |
|
International Games System Co Ltd
TWO:3293
|
$5.35 Billion |
|
Grifols S.A
PINK:GIFLF
|
$5.35 Billion |
|
Cogent Biosciences Inc
NASDAQ:COGT
|
$5.34 Billion |
|
KRUNG THAI -FGN- BA 515
F:KTB1
|
$5.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grupo Aeroportuario del Centro Norte SAB de CV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,384,774,000 to 11,260,185,000, a change of 875,411,000 (8.4%).
- Net income of 5,341,704,000 contributed positively to equity growth.
- Dividend payments of 4,468,667,000 reduced retained earnings.
- Share repurchases of 2,460,000 reduced equity.
- Other comprehensive income decreased equity by 11,766,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.34 Billion | +47.44% |
| Dividends Paid | $4.47 Billion | -39.69% |
| Share Repurchases | $2.46 Million | -0.02% |
| Other Comprehensive Income | $-11.77 Million | -0.1% |
| Other Changes | $16.60 Million | +0.15% |
| Total Change | $- | 8.43% |
Book Value vs Market Value Analysis
This analysis compares Grupo Aeroportuario del Centro Norte SAB de CV'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: 0.46x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.92x to 0.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $117.26 | $107.96 | x |
| 2006-12-31 | $119.13 | $107.96 | x |
| 2007-12-31 | $149.63 | $107.96 | x |
| 2008-12-31 | $151.96 | $107.96 | x |
| 2009-12-31 | $155.29 | $107.96 | x |
| 2010-12-31 | $157.16 | $107.96 | x |
| 2011-12-31 | $121.83 | $107.96 | x |
| 2012-12-31 | $128.45 | $107.96 | x |
| 2013-12-31 | $127.91 | $107.96 | x |
| 2014-12-31 | $122.38 | $107.96 | x |
| 2015-12-31 | $119.22 | $107.96 | x |
| 2016-12-31 | $133.50 | $107.96 | x |
| 2017-12-31 | $143.67 | $107.96 | x |
| 2018-12-31 | $169.72 | $107.96 | x |
| 2019-12-31 | $197.90 | $107.96 | x |
| 2020-12-31 | $218.29 | $107.96 | x |
| 2021-12-31 | $227.59 | $107.96 | x |
| 2022-12-31 | $173.38 | $107.96 | x |
| 2023-12-31 | $200.34 | $107.96 | x |
| 2024-12-31 | $215.13 | $107.96 | x |
| 2025-12-31 | $233.27 | $107.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grupo Aeroportuario del Centro Norte SAB de CV 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): 47.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.46%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.75x
- Recent ROE (47.44%) is above the historical average (22.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 4.13% | 23.10% | 0.17x | 1.08x | $-36.64 Million |
| 2005 | 9.15% | 36.84% | 0.17x | 1.44x | $-49.11 Million |
| 2006 | 13.43% | 48.60% | 0.19x | 1.45x | $201.86 Million |
| 2007 | 13.43% | 52.91% | 0.21x | 1.22x | $256.37 Million |
| 2008 | 12.77% | 48.34% | 0.20x | 1.31x | $208.47 Million |
| 2009 | 6.12% | 18.51% | 0.25x | 1.34x | $-297.09 Million |
| 2010 | 7.04% | 20.82% | 0.25x | 1.33x | $-231.82 Million |
| 2011 | 10.14% | 22.08% | 0.30x | 1.53x | $8.39 Million |
| 2012 | 12.64% | 25.79% | 0.31x | 1.56x | $169.46 Million |
| 2013 | 18.80% | 35.10% | 0.31x | 1.73x | $561.60 Million |
| 2014 | 16.89% | 27.47% | 0.30x | 2.05x | $418.15 Million |
| 2015 | 21.02% | 27.46% | 0.36x | 2.13x | $646.86 Million |
| 2016 | 28.53% | 33.70% | 0.41x | 2.07x | $1.21 Billion |
| 2017 | 30.09% | 29.84% | 0.50x | 2.01x | $1.42 Billion |
| 2018 | 34.17% | 36.07% | 0.51x | 1.87x | $2.02 Billion |
| 2019 | 33.14% | 37.76% | 0.49x | 1.78x | $2.25 Billion |
| 2020 | 10.28% | 20.39% | 0.30x | 1.70x | $29.32 Million |
| 2021 | 25.84% | 32.77% | 0.38x | 2.07x | $1.75 Billion |
| 2022 | 46.61% | 32.69% | 0.52x | 2.76x | $3.06 Billion |
| 2023 | 51.83% | 34.67% | 0.57x | 2.61x | $4.04 Billion |
| 2024 | 47.46% | 32.70% | 0.55x | 2.62x | $3.89 Billion |
| 2025 | 47.44% | 33.46% | 0.52x | 2.75x | $4.22 Billion |
Industry Comparison
This section compares Grupo Aeroportuario del Centro Norte SAB de CV's net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $14,639,213,971
- Average return on equity (ROE) among peers: 6.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grupo Aeroportuario del Centro Norte SAB de CV (OMAB) | $11.43 Billion | 4.13% | 1.71x | $5.35 Billion |
| Auckland International Airport Limited (ACKDF) | $8.38 Billion | 0.52% | 0.29x | $8.10 Billion |
| Aeroports de Paris SA (AEOXF) | $5.80 Billion | 10.52% | 1.77x | $1.25 Billion |
| Airports of Thailand Public Company Limited (AIPUF) | $108.81 Billion | 17.21% | 0.47x | $8.18 Billion |
| Aena S.M.E. S.A (ANNSF) | $4.36 Billion | 19.12% | 2.90x | $45.35 Billion |
| AerSale Corp (ASLE) | $455.62 Million | 1.28% | 0.33x | $174.95 Million |
| Beijing Capital International Airport Company Limited (BJCHF) | $14.89 Billion | -11.40% | 1.19x | $604.88 Million |
| Blade Air Mobility Inc (BLDE) | $274.49 Million | -9.93% | 0.18x | $230.30 Million |
| Corporacion America Airports (CAAP) | $862.37 Million | 19.50% | 3.45x | $462.85 Million |
| CHRRD (CHRRD) | $1.28 Billion | 7.92% | 2.01x | $134.94K |
| Chorus Aviation Inc (CHRRF) | $1.28 Billion | 7.92% | 2.01x | $271.74 Million |