OMAB vs. PAC
OMAB (Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.) and PAC (Grupo Aeroportuario del Pacífico, S.A.B. de C.V.) are both stocks. Both operate in the Airports & Air Services industry within the Industrials sector. Over the past 10 years, OMAB returned 13.92%/yr vs 14.61%/yr for PAC. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
OMAB vs. PAC - Performance Comparison
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Returns By Period
In the year-to-date period, OMAB achieves a 3.76% return, which is significantly higher than PAC's -5.58% return. Both investments have delivered pretty close results over the past 10 years, with OMAB having a 13.92% annualized return and PAC not far ahead at 14.61%.
OMAB
- 1D
- -3.80%
- 1M
- 9.35%
- YTD
- 3.76%
- 6M
- 3.09%
- 1Y
- 15.06%
- 3Y*
- 14.89%
- 5Y*
- 24.53%
- 10Y*
- 13.92%
PAC
- 1D
- -2.12%
- 1M
- 3.54%
- YTD
- -5.58%
- 6M
- -7.25%
- 1Y
- 17.67%
- 3Y*
- 16.31%
- 5Y*
- 23.42%
- 10Y*
- 14.61%
OMAB vs. PAC - 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. | 3.76% | 66.22% | -13.57% | 43.53% | 30.18% | 7.98% | -13.78% | 62.40% | -4.90% | 20.53% |
PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | -5.58% | 56.30% | 4.19% | 28.64% | 9.79% | 29.95% | -6.17% | 54.36% | -15.66% | 32.15% |
Correlation
The correlation between OMAB and PAC is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2006 | 0.58 |
The correlation between OMAB and PAC shifts across timeframes, from 0.58 (all time) to 0.75 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
OMAB:
$5.29B
PAC:
$12.58B
OMAB:
MX$109.59
PAC:
MX$214.01
OMAB:
17.33
PAC:
20.15
OMAB:
0.95
PAC:
1.23
OMAB:
5.66
PAC:
6.63
OMAB:
7.34
PAC:
8.48
OMAB:
MX$16.21B
PAC:
MX$32.84B
OMAB:
MX$12.07B
PAC:
MX$10.93B
OMAB:
MX$9.83B
PAC:
MX$20.54B
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Return for Risk
OMAB vs. PAC — Risk / Return Rank
OMAB
PAC
OMAB vs. PAC - 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 Pacífico, S.A.B. de C.V. (PAC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OMAB | PAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.12 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.56 | 0.68 | -0.11 |
| Martin ratioReturn relative to average drawdown | 1.26 | 1.42 | -0.16 |
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Drawdowns
OMAB vs. PAC - Drawdown Comparison
The maximum OMAB drawdown since its inception was -77.75%, which is greater than PAC's maximum drawdown of -73.20%. Use the drawdown chart below to compare losses from any high point for OMAB and PAC.
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Drawdown Indicators
| OMAB | PAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.75% | -73.20% | -4.55% |
Max Drawdown (1Y)Largest decline over 1 year | -26.87% | -26.19% | -0.68% |
Max Drawdown (3Y)Largest decline over 3 years | -41.78% | -42.83% | +1.05% |
Max Drawdown (5Y)Largest decline over 5 years | -41.78% | -42.83% | +1.05% |
Max Drawdown (10Y)Largest decline over 10 years | -68.88% | -66.65% | -2.23% |
Current DrawdownCurrent decline from peak | -16.39% | -17.14% | +0.75% |
Average DrawdownAverage peak-to-trough decline | -22.69% | -16.52% | -6.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.00% | 12.49% | -0.49% |
Volatility
OMAB vs. PAC - Volatility Comparison
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) and Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) have volatilities of 11.33% and 11.18%, 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.
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Volatility by Period
| OMAB | PAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.33% | 11.18% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 23.55% | 25.55% | -2.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.86% | 31.20% | -0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.98% | 36.18% | -0.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.38% | 38.53% | -0.15% |
Dividends
OMAB vs. PAC - Dividend Comparison
OMAB's dividend yield for the trailing twelve months is around 4.96%, more than PAC's 1.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OMAB Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. | 4.96% | 4.52% | 6.97% | 4.80% | 10.87% | 3.55% | 0.00% | 2.45% | 3.74% | 0.40% | 3.11% | 3.89% |
PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | 1.79% | 3.33% | 4.14% | 4.88% | 5.02% | 4.17% | 0.00% | 4.99% | 6.27% | 5.83% | 4.50% | 3.98% |
Financials
OMAB vs. PAC - Financials Comparison
This section allows you to compare key financial metrics between Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. and Grupo Aeroportuario del Pacífico, S.A.B. de C.V.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
OMAB vs. PAC - Profitability Comparison
OMAB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported a gross profit of 2.64B and revenue of 3.82B. Therefore, the gross margin over that period was 69.2%.
PAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported a gross profit of 6.29B and revenue of 11.37B. Therefore, the gross margin over that period was 55.3%.
OMAB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported an operating income of 2.08B and revenue of 3.82B, resulting in an operating margin of 54.5%.
PAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported an operating income of 5.04B and revenue of 11.37B, resulting in an operating margin of 44.4%.
OMAB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported a net income of 1.23B and revenue of 3.82B, resulting in a net margin of 32.3%.
PAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported a net income of 3.31B and revenue of 11.37B, resulting in a net margin of 29.1%.
Frequently Asked Questions
OMAB and PAC have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OMAB has higher volatility (11.33%) compared to PAC (11.18%). In terms of maximum drawdown, OMAB dropped -77.75% vs PAC's -73.20%.
PAC currently has the higher Sharpe Ratio (0.57 vs 0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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