Central North Airport Group Reports Strong Q4 & Full-Year 2025 Results with Double-Digit EBITDA Growth
OMAB sits 88% above its 52-week low of $70.24.
Summary
Central North Airport Group reported strong Q4 and full-year 2025 results, featuring significant growth in passenger traffic and Adjusted EBITDA, a healthy balance sheet, and approval of a major long-term investment plan.
Key Events · Earnings and Guidance · OMAB
-
Strong Passenger Traffic Growth
Total passenger traffic increased by 6.0% in Q4 2025 to 7.5 million passengers, and by 8.5% for the full year 2025, reaching 28.8 million passengers.
-
Double-Digit Adjusted EBITDA Growth
Adjusted EBITDA grew by 5.9% in Q4 2025 to Ps.2,577 million and by 12.1% for the full year 2025, reaching Ps.10,167 million.
-
Healthy Financial Position
The company maintained a low leverage level, with Net Debt/Adjusted EBITDA at 1.03x as of December 31, 2025, and distributed dividends of Ps.11.54 per share during 2025.
-
Major Long-Term Investment Plan Approved
The Master Development Program for 2026-2030 was approved, committing Ps.16,005 million in total investment, signaling significant future expansion and infrastructure improvements.
Analysis · OMAB · Energy & Transportation
Central North Airport Group (OMA) delivered robust financial and operating results for both the fourth quarter and full-year 2025, demonstrating consistent growth across key metrics. The company achieved double-digit Adjusted EBITDA growth for the full year, alongside healthy increases in passenger traffic and revenues. A low leverage ratio and significant capital investments, including the approval of a substantial Master Development Program for 2026-2030, underscore a strong financial position and clear long-term growth strategy. This positive performance supports the stock's current trading near its 52-week high, indicating continued operational strength and investor confidence.
At the time of this filing, OMAB was trading at $132.40 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $6.3B. The 52-week trading range was $70.24 to $134.99. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.