Central North Airport Group Reports Strong Q4 & Full-Year 2025 Results with Double-Digit EBITDA Growth

summarizeSummary

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.

check_boxKey Events

• 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.

auto_awesomeAnalysis

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.