OMAB vs. ASR

Last updated Apr 1, 2026

Compare and contrast key facts about Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) and Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR).

Performance

OMAB vs. ASR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) and Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR). The values are adjusted to include any dividend payments, if applicable.

OMAB vs. ASR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OMAB Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.	5.48%	66.22%	-13.57%	43.53%	30.18%	7.98%	-13.78%	62.40%	-4.90%	20.53%
ASR Grupo Aeroportuario del Sureste, S. A. B. de C. V.	3.94%	42.19%	-9.20%	32.09%	16.98%	27.81%	-11.99%	28.79%	-15.64%	26.89%

Fundamentals

Market Cap OMAB : $5.54B ASR : $10.08B
EPS OMAB : $110.66 ASR : $349.52
PE Ratio OMAB : 1.04 ASR : 0.96
PEG Ratio OMAB : 0.06 ASR : 0.05
PS Ratio OMAB : 0.35 ASR : 0.27
PB Ratio OMAB : 0.49 ASR : 0.26
Total Revenue (TTM) OMAB : $15.96B ASR : $37.24B
Gross Profit (TTM) OMAB : $12.07B ASR : $24.93B
EBITDA (TTM) OMAB : $9.82B ASR : $18.68B

Returns By Period

In the year-to-date period, OMAB achieves a 5.48% return, which is significantly higher than ASR's 3.94% return. Over the past 10 years, OMAB has outperformed ASR with an annualized return of 14.29%, while ASR has yielded a comparatively lower 12.13% annualized return.

OMAB

• 1D: 2.14%
• 1M: -6.08%
• YTD: 5.48%
• 6M: 13.09%
• 1Y: 53.05%
• 3Y*: 13.76%
• 5Y*: 24.82%
• 10Y*: 14.29%

ASR

• 1D: 3.50%
• 1M: -6.54%
• YTD: 3.94%
• 6M: 6.81%
• 1Y: 39.05%
• 3Y*: 10.46%
• 5Y*: 19.29%
• 10Y*: 12.13%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

OMAB vs. ASR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OMAB

OMAB Risk / Return Rank: 84
OMAB Sharpe Ratio Rank: 88
OMAB Sortino Ratio Rank: 86
OMAB Omega Ratio Rank: 82
OMAB Calmar Ratio Rank: 82
OMAB Martin Ratio Rank: 84

ASR

ASR Risk / Return Rank: 80
ASR Sharpe Ratio Rank: 84
ASR Sortino Ratio Rank: 81
ASR Omega Ratio Rank: 76
ASR Calmar Ratio Rank: 80
ASR Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OMAB vs. ASR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) and Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	OMAB	ASR	Difference
Sharpe ratio Return per unit of total volatility	1.73	1.46	+0.28
Sortino ratio Return per unit of downside risk	2.43	2.12	+0.30
Omega ratio Gain probability vs. loss probability	1.30	1.25	+0.05
Calmar ratio Return relative to maximum drawdown	2.45	2.30	+0.16
Martin ratio Return relative to average drawdown	7.06	5.97	+1.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OMAB vs. ASR - Sharpe Ratio Comparison

The current OMAB Sharpe Ratio is 1.73, which is comparable to the ASR Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of OMAB and ASR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OMAB	ASR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.73	1.46	+0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.60	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	0.35	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.49	-0.10

Correlation

The correlation between OMAB and ASR is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

OMAB vs. ASR - Dividend Comparison

OMAB's dividend yield for the trailing twelve months is around 4.29%, less than ASR's 12.13% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OMAB Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.	4.29%	4.52%	6.97%	4.80%	10.87%	3.55%	0.00%	2.45%	3.74%	0.40%	3.11%	3.89%
ASR Grupo Aeroportuario del Sureste, S. A. B. de C. V.	12.13%	12.61%	4.68%	3.86%	3.18%	2.00%	0.00%	2.80%	2.29%	0.05%	0.05%	0.52%

Drawdowns

OMAB vs. ASR - Drawdown Comparison

The maximum OMAB drawdown since its inception was -77.75%, which is greater than ASR's maximum drawdown of -61.33%. Use the drawdown chart below to compare losses from any high point for OMAB and ASR.

Drawdown Indicators

	OMAB	ASR	Difference
Max Drawdown Largest peak-to-trough decline	-77.75%	-61.33%	-16.42%
Max Drawdown (1Y) Largest decline over 1 year	-21.75%	-16.76%	-4.99%
Max Drawdown (5Y) Largest decline over 5 years	-41.78%	-35.28%	-6.50%
Max Drawdown (10Y) Largest decline over 10 years	-68.88%	-61.33%	-7.55%
Current Drawdown Current decline from peak	-15.00%	-11.81%	-3.19%
Average Drawdown Average peak-to-trough decline	-22.73%	-14.42%	-8.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.56%	6.44%	+1.12%

Volatility

OMAB vs. ASR - Volatility Comparison

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) and Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) have volatilities of 11.83% and 11.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OMAB	ASR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.83%	11.47%	+0.36%
Volatility (6M) Calculated over the trailing 6-month period	22.23%	18.42%	+3.81%
Volatility (1Y) Calculated over the trailing 1-year period	30.76%	26.96%	+3.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.81%	32.51%	+3.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.16%	34.71%	+3.45%

Financials

OMAB vs. ASR - Profitability Comparison

The chart below illustrates the profitability comparison between Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. and Grupo Aeroportuario del Sureste, S. A. B. de C. V. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OMAB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported a gross profit of 3.59B and revenue of 4.11B. Therefore, the gross margin over that period was 87.2%.

ASR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Grupo Aeroportuario del Sureste, S. A. B. de C. V. reported a gross profit of 4.95B and revenue of 10.97B. Therefore, the gross margin over that period was 45.1%.

OMAB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported an operating income of 2.13B and revenue of 4.11B, resulting in an operating margin of 51.8%.

ASR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Grupo Aeroportuario del Sureste, S. A. B. de C. V. reported an operating income of 3.79B and revenue of 10.97B, resulting in an operating margin of 34.5%.

OMAB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported a net income of 1.22B and revenue of 4.11B, resulting in a net margin of 29.6%.

ASR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Grupo Aeroportuario del Sureste, S. A. B. de C. V. reported a net income of 2.71B and revenue of 10.97B, resulting in a net margin of 24.7%.