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

$13.37 -$1.42 (-9.63%)

OTC · 11 Sep 2026 20:00 UTC

Previous Close

$13.37

Day Range

$13.37$16.12

Year Range

$10.36$17.82

Market Cap

4.5B

AVG Volume

Trailing/Forward PE

14.94/0.69

PEG ratio

0.85

Dividend Yield

5.74%

Next Earnings Date

2026-10-22

Primary Exchange

Other OTC

Revenue (MXN)

GAERF Revenue (MXN) by year
Period	Revenue (MXN)
2025	15.96B
2024	15.07B
2023	14.46B
2021	8.72B
2020	5.37B
2019	8.53B
2018	7.91B
2016	5.55B
2015	4.5B
2014	3.71B

Net Income (MXN)

GAERF Net Income (MXN) by year
Period	Net Income (MXN)
2025	5.34B
2024	4.93B
2023	5.01B
2021	2.86B
2020	1.09B
2019	3.22B
2018	2.85B
2016	1.87B
2015	1.23B
2014	1.02B

Operating Income (MXN)

GAERF Operating Income (MXN) by year
Period	Operating Income (MXN)
2025	4.35B
2024	7.68B
2023	8.07B
2021	4.11B
2020	1.72B
2019	4.86B
2018	4.13B
2016	2.78B
2015	2.04B
2014	1.47B

EBITDA (MXN)

GAERF EBITDA (MXN) by year
Period	EBITDA (MXN)
2025	9.91B
2024	9.16B
2023	8.97B
2021	4.84B
2020	2.35B
2019	5.39B
2018	4.66B
2016	3.27B
2015	2.32B
2014	1.75B

Cash Flows (MXN)

GAERF Cash Flows (MXN) by year
Period	Cash Flows (MXN)
2025	5.27B
2024	4.73B
2023	4.92B
2021	2.52B
2020	-138.16M
2019	3.03B
2018	2.61B
2016	2.13B
2015	1.71B
2014	1.15B

EPS (MXN)

GAERF EPS (MXN) by year
Period	EPS (MXN)
2025	13.84
2024	12.76
2023	12.97
2021	7.35
2020	2.8
2019	8.2
2018	7.25
2016	4.76
2015	3.15
2014	2.59

Expenses (MXN)

GAERF Expenses (MXN) by year
Period	Expenses (MXN)
2025	2.92B
2024	2.24B
2023	2.07B
2021	2.51B
2020	1.96B
2019	1.26B
2018	1.66B
2016	897.57M
2015	924.54M
2014	998.55M

Cash & Debt (MXN)

GAERF Cash & Debt (MXN) by year
Period	Cash & Debt (MXN)
2025	3.09B
2024	1.66B
2023	2.58B
2021	5.99B
2020	2.96B
2019	3.43B
2018	2.98B
2016	3.01B
2015	2.67B
2014	2.81B

Debt ratios

GAERF Debt ratios by year
Period	Debt ratios
2025	0.32
2024	0.39
2023	0.39
2021	0.11
2020	0.11
2019	0.09
2018	0.14
2016	0.19

Margins

GAERF Margins by year
Period	Margins
2025	67.91%
2024	66.85%
2023	65.78%
2021	55.38%
2020	43.23%
2019	65.05%
2018	61.57%
2016	63.45%
2015	59.68%
2014	55.94%

Return on Capital

GAERF Return on Capital by year
Period	Return on Capital
2025	46.79%
2024	46.74%
2023	50.94%
2021	25.42%
2020	10.11%
2019	32.56%
2018	33.5%
2016	27.97%
2015	20.73%
2014	16.75%

Shares Outstanding

GAERF Shares Outstanding by year
Period	Shares Outstanding
2025	386.17M
2024	386.17M
2023	386.17M
2021	386.17M
2020	390.11M
2019	391.49M
2018	393.45M
2016	393.28M
2015	392.99M
2014	393.71M

Dividends (MXN)

GAERF Dividends (MXN) by year
Period	Dividends (MXN)
2026	0.36
2025	0.61
2024	4.97
2023	6.44
2022	2.13
2021	0.24
2019	0.21
2018	0.21
2017	0.21
2016	0.2

Employee Count

GAERF Employee Count by year
Period	Employee Count
2025	1.35K
2024	1.33K
2023	1.27K
2022	1.26K
2021	1.18K
2020	1K
2019	1.16K
2018	1.15K
2017	1.25K
2016	1.26K

Book Value Per Share (MXN)

GAERF Book Value Per Share (MXN) by year
Period	Book Value Per Share (MXN)
2025	29.56
2024	27.3
2023	25.48
2021	29.1
2020	27.75
2019	25.26
2018	21.63
2016	17
2015	15.14
2014	15.54

Total Assets (MXN)

GAERF Total Assets (MXN) by year
Period	Total Assets (MXN)
2025	30.9B
2024	27.23B
2023	25.24B
2021	22.89B
2020	18.19B
2019	17.28B
2018	15.59B
2016	13.55B
2015	12.51B
2014	12.42B

PE Ratio

GAERF PE Ratio by year
Period	PE Ratio
Sep 26	16.56
Sep 26	16.75
Aug 26	14.87
Aug 26	14.77
Aug 26	14.86
Aug 26	15.65
Jul 26	15.82
Jul 26	17.97
Jul 26	18.76
Jul 26	18.68
Jul 26	18.67
Jun 26	18.71
Jun 26	17.58
Jun 26	17.4
Jun 26	17.52
May 26	17.62
May 26	15.52
May 26	15.53
May 26	17.87
May 26	18.16
Apr 26	16.2
Apr 26	16.14
Apr 26	16.11
Apr 26	16.65
Mar 26	17.45
Mar 26	17.27
Mar 26	17.29
Mar 26	20.27
Feb 26	19.26
Feb 26	22.19
Feb 26	20.11
Feb 26	19.44
Jan 26	19.34
Jan 26	19.23
Jan 26	19.53
Jan 26	19.33
Jan 26	19.25
Dec 25	18.39
Dec 25	18.55
Dec 25	16.82
Dec 25	19.78
Nov 25	19.9
Nov 25	18.6
Nov 25	18.42
Nov 25	18.56
Oct 25	16.29
Oct 25	18.97
Oct 25	17.84
Oct 25	18.04
Oct 25	19.11
Sep 25	19.06
Sep 25	19.11
Sep 25	19.15
Sep 25	19.42
Aug 25	18.52
Aug 25	18.45
Aug 25	18.48
Aug 25	18.31
Aug 25	17.06
Jul 25	17.42
Jul 25	17.59
Jul 25	17.5
Jul 25	17.5
Jun 25	18.41
Jun 25	18.76
Jun 25	18.53
Jun 25	18.69
May 25	18.5
May 25	18.87
May 25	21.68
May 25	17.36
May 25	12.67
Apr 25	12.46
Apr 25	12.57
Apr 25	12.97
Apr 25	13.04
Mar 25	13
Mar 25	12.92
Mar 25	12.73
Mar 25	12.94
Feb 25	13.12
Feb 25	13.04
Feb 25	12.96
Feb 25	13.12
Jan 25	13.19
Jan 25	12.94
Jan 25	13.26
Jan 25	13.23
Jan 25	13.16
Dec 24	12.9
Dec 24	12.72
Dec 24	12.76
Dec 24	12.79
Nov 24	12.93
Nov 24	12.95
Nov 24	12.91
Nov 24	12.79
Nov 24	12.86
Oct 24	12.67
Oct 24	12.6

Free Cash Flow Yield

GAERF Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	5.78%
Sep 26	5.72%
Aug 26	6.44%
Aug 26	6.49%
Aug 26	6.45%
Aug 26	6.12%
Jul 26	6.05%
Jul 26	5.33%
Jul 26	5.11%
Jul 26	5.13%
Jul 26	5.13%
Jun 26	5.12%
Jun 26	5.45%
Jun 26	5.51%
Jun 26	5.47%
May 26	5.44%
May 26	6.17%
May 26	6.17%
May 26	5.36%
May 26	5.28%
Apr 26	6.1%
Apr 26	6.12%
Apr 26	6.13%
Apr 26	5.93%
Mar 26	5.91%
Mar 26	5.98%
Mar 26	5.97%
Mar 26	5.09%
Feb 26	5.36%
Feb 26	4.65%
Feb 26	5.13%
Feb 26	5.31%
Jan 26	5.34%
Jan 26	5.37%
Jan 26	5.29%
Jan 26	5.34%
Jan 26	5.36%
Dec 25	5.35%
Dec 25	5.3%
Dec 25	5.85%
Dec 25	4.97%
Nov 25	4.94%
Nov 25	5.29%
Nov 25	5.34%
Nov 25	5.3%
Oct 25	6.04%
Oct 25	5.18%
Oct 25	5.51%
Oct 25	5.45%
Oct 25	5.15%
Sep 25	5.16%
Sep 25	5.15%
Sep 25	5.14%
Sep 25	5.07%
Aug 25	5.31%
Aug 25	5.33%
Aug 25	5.32%
Aug 25	5.37%
Aug 25	5.76%
Jul 25	5.36%
Jul 25	5.31%
Jul 25	5.34%
Jul 25	5.34%
Jun 25	5.21%
Jun 25	5.11%
Jun 25	5.18%
Jun 25	5.13%
May 25	5.19%
May 25	5.09%
May 25	4.43%
May 25	5.53%
May 25	7.57%
Apr 25	7.43%
Apr 25	7.37%
Apr 25	7.14%
Apr 25	7.1%
Mar 25	7.12%
Mar 25	7.17%
Mar 25	7.27%
Mar 25	7.16%
Feb 25	7.06%
Feb 25	7.1%
Feb 25	7.14%
Feb 25	7.06%
Jan 25	7.02%
Jan 25	7.15%
Jan 25	6.98%
Jan 25	7%
Jan 25	7.03%
Dec 24	7.03%
Dec 24	7.13%
Dec 24	7.11%
Dec 24	7.09%
Nov 24	7.02%
Nov 24	7.01%
Nov 24	7.02%
Nov 24	7.09%
Nov 24	7.05%
Oct 24	7.16%
Oct 24	7.2%

Price to Sales

GAERF Price to Sales by year
Period	Price to Sales
Sep 26	5.41
Sep 26	5.47
Aug 26	4.85
Aug 26	4.82
Aug 26	4.85
Aug 26	5.11
Jul 26	5.16
Jul 26	5.86
Jul 26	6.12
Jul 26	6.1
Jul 26	6.09
Jun 26	6.11
Jun 26	5.74
Jun 26	5.68
Jun 26	5.72
May 26	5.75
May 26	5.06
May 26	5.07
May 26	5.83
May 26	5.93
Apr 26	5.42
Apr 26	5.4
Apr 26	5.39
Apr 26	5.57
Mar 26	5.81
Mar 26	5.74
Mar 26	5.75
Mar 26	6.74
Feb 26	6.41
Feb 26	7.38
Feb 26	6.69
Feb 26	6.47
Jan 26	6.43
Jan 26	6.4
Jan 26	6.5
Jan 26	6.43
Jan 26	6.4
Dec 25	6.06
Dec 25	6.11
Dec 25	5.54
Dec 25	6.51
Nov 25	6.56
Nov 25	6.13
Nov 25	6.07
Nov 25	6.11
Oct 25	5.37
Oct 25	6.25
Oct 25	5.88
Oct 25	5.94
Oct 25	6.29
Sep 25	6.28
Sep 25	6.29
Sep 25	6.31
Sep 25	6.4
Aug 25	6.1
Aug 25	6.08
Aug 25	6.09
Aug 25	6.03
Aug 25	5.62
Jul 25	6.01
Jul 25	6.07
Jul 25	6.04
Jul 25	6.04
Jun 25	6.02
Jun 25	6.14
Jun 25	6.06
Jun 25	6.11
May 25	6.05
May 25	6.17
May 25	7.09
May 25	5.68
May 25	4.14
Apr 25	4.24
Apr 25	4.28
Apr 25	4.42
Apr 25	4.44
Mar 25	4.43
Mar 25	4.4
Mar 25	4.33
Mar 25	4.4
Feb 25	4.47
Feb 25	4.44
Feb 25	4.41
Feb 25	4.47
Jan 25	4.49
Jan 25	4.41
Jan 25	4.51
Jan 25	4.5
Jan 25	4.48
Dec 24	4.36
Dec 24	4.3
Dec 24	4.31
Dec 24	4.32
Nov 24	4.37
Nov 24	4.37
Nov 24	4.36
Nov 24	4.32
Nov 24	4.35
Oct 24	4.28
Oct 24	4.26

EV/EBITDA

GAERF EV/EBITDA by year
Period	EV/EBITDA
Sep 26	9.83
Sep 26	9.93
Aug 26	8.92
Aug 26	8.87
Aug 26	8.92
Aug 26	9.34
Jul 26	9.43
Jul 26	10.57
Jul 26	10.99
Jul 26	10.95
Jul 26	10.95
Jun 26	10.97
Jun 26	10.37
Jun 26	10.27
Jun 26	10.34
May 26	10.39
May 26	9.27
May 26	9.28
May 26	10.52
May 26	10.67
Apr 26	9.8
Apr 26	9.76
Apr 26	9.75
Apr 26	10.04
Mar 26	10.15
Mar 26	10.06
Mar 26	10.07
Mar 26	11.65
Feb 26	11.11
Feb 26	12.66
Feb 26	11.56
Feb 26	11.21
Jan 26	11.16
Jan 26	11.09
Jan 26	11.25
Jan 26	11.15
Jan 26	11.11
Dec 25	10.8
Dec 25	10.89
Dec 25	9.97
Dec 25	11.54
Nov 25	11.61
Nov 25	10.91
Nov 25	10.82
Nov 25	10.89
Oct 25	9.69
Oct 25	11.11
Oct 25	10.51
Oct 25	10.62
Oct 25	11.18
Sep 25	11.16
Sep 25	11.18
Sep 25	11.21
Sep 25	11.35
Aug 25	10.87
Aug 25	10.83
Aug 25	10.85
Aug 25	10.76
Aug 25	10.1
Jul 25	10.41
Jul 25	10.5
Jul 25	10.45
Jul 25	10.45
Jun 25	10.98
Jun 25	11.17
Jun 25	11.05
Jun 25	11.13
May 25	11.03
May 25	11.23
May 25	12.74
May 25	10.42
May 25	7.89
Apr 25	7.94
Apr 25	8.01
Apr 25	8.23
Apr 25	8.27
Mar 25	8.25
Mar 25	8.2
Mar 25	8.1
Mar 25	8.21
Feb 25	8.31
Feb 25	8.27
Feb 25	8.23
Feb 25	8.32
Jan 25	8.36
Jan 25	8.22
Jan 25	8.39
Jan 25	8.38
Jan 25	8.34
Dec 24	8.25
Dec 24	8.16
Dec 24	8.17
Dec 24	8.19
Nov 24	8.27
Nov 24	8.28
Nov 24	8.26
Nov 24	8.19
Nov 24	8.23
Oct 24	8.12
Oct 24	8.09

Price/Operating Cashflow

GAERF Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	12.29
Sep 26	12.43
Aug 26	11.03
Aug 26	10.96
Aug 26	11.03
Aug 26	11.61
Jul 26	11.74
Jul 26	13.33
Jul 26	13.91
Jul 26	13.86
Jul 26	13.85
Jun 26	13.88
Jun 26	13.04
Jun 26	12.91
Jun 26	13
May 26	13.07
May 26	11.51
May 26	11.52
May 26	13.25
May 26	13.47
Apr 26	11.82
Apr 26	11.77
Apr 26	11.76
Apr 26	12.15
Mar 26	12.28
Mar 26	12.15
Mar 26	12.17
Mar 26	14.27
Feb 26	13.56
Feb 26	15.62
Feb 26	14.15
Feb 26	13.68
Jan 26	13.61
Jan 26	13.53
Jan 26	13.74
Jan 26	13.6
Jan 26	13.55
Dec 25	12.95
Dec 25	13.07
Dec 25	11.85
Dec 25	13.93
Nov 25	14.02
Nov 25	13.1
Nov 25	12.97
Nov 25	13.07
Oct 25	11.48
Oct 25	13.36
Oct 25	12.57
Oct 25	12.71
Oct 25	13.46
Sep 25	13.43
Sep 25	13.46
Sep 25	13.49
Sep 25	13.68
Aug 25	13.05
Aug 25	12.99
Aug 25	13.01
Aug 25	12.9
Aug 25	12.02
Jul 25	13.59
Jul 25	13.72
Jul 25	13.65
Jul 25	13.65
Jun 25	14.64
Jun 25	14.92
Jun 25	14.74
Jun 25	14.87
May 25	14.71
May 25	15.01
May 25	17.24
May 25	13.81
May 25	10.08
Apr 25	10.18
Apr 25	10.27
Apr 25	10.6
Apr 25	10.66
Mar 25	10.63
Mar 25	10.56
Mar 25	10.41
Mar 25	10.57
Feb 25	10.72
Feb 25	10.66
Feb 25	10.6
Feb 25	10.72
Jan 25	10.78
Jan 25	10.58
Jan 25	10.84
Jan 25	10.81
Jan 25	10.76
Dec 24	11.07
Dec 24	10.92
Dec 24	10.95
Dec 24	10.98
Nov 24	11.1
Nov 24	11.11
Nov 24	11.08
Nov 24	10.98
Nov 24	11.04
Oct 24	10.87
Oct 24	10.82

Price to Book

GAERF Price to Book by year
Period	Price to Book
Sep 26	6.92
Sep 26	7
Aug 26	6.21
Aug 26	6.17
Aug 26	6.21
Aug 26	6.53
Jul 26	6.61
Jul 26	7.5
Jul 26	7.83
Jul 26	7.8
Jul 26	7.8
Jun 26	7.81
Jun 26	7.34
Jun 26	7.27
Jun 26	7.32
May 26	7.36
May 26	6.48
May 26	6.49
May 26	7.46
May 26	7.58
Apr 26	7.58
Apr 26	7.55
Apr 26	7.54
Apr 26	7.79
Mar 26	9.07
Mar 26	8.97
Mar 26	8.99
Mar 26	10.53
Feb 26	10.01
Feb 26	11.53
Feb 26	10.45
Feb 26	10.1
Jan 26	10.05
Jan 26	9.99
Jan 26	10.15
Jan 26	10.04
Jan 26	10
Dec 25	10.95
Dec 25	11.04
Dec 25	10.01
Dec 25	11.77
Nov 25	11.85
Nov 25	11.07
Nov 25	10.96
Nov 25	11.05
Oct 25	9.7
Oct 25	11.29
Oct 25	10.62
Oct 25	10.74
Oct 25	11.37
Sep 25	11.35
Sep 25	11.37
Sep 25	11.4
Sep 25	11.56
Aug 25	11.03
Aug 25	10.98
Aug 25	11
Aug 25	10.9
Aug 25	10.16
Jul 25	7.56
Jul 25	7.63
Jul 25	7.59
Jul 25	7.59
Jun 25	8.61
Jun 25	8.77
Jun 25	8.66
Jun 25	8.74
May 25	8.65
May 25	8.82
May 25	10.13
May 25	8.11
May 25	5.92
Apr 25	6.63
Apr 25	6.69
Apr 25	6.91
Apr 25	6.95
Mar 25	6.92
Mar 25	6.88
Mar 25	6.78
Mar 25	6.89
Feb 25	6.99
Feb 25	6.94
Feb 25	6.91
Feb 25	6.99
Jan 25	7.03
Jan 25	6.89
Jan 25	7.06
Jan 25	7.05
Jan 25	7.01
Dec 24	8.1
Dec 24	7.99
Dec 24	8.01
Dec 24	8.03
Nov 24	8.12
Nov 24	8.13
Nov 24	8.11
Nov 24	8.03
Nov 24	8.08
Oct 24	7.96
Oct 24	7.91

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AI Analysis

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

Video analysis: GAERF

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