ASR vs OMAB
Southeast Airport Group and Central North Airport Group, side by side — 10 fiscal years reported in MXN, drawn from SEC filings.
Most recent reported year
| Metric | ASR | OMAB |
|---|---|---|
| Revenue | MXN 31.3B | MXN 15.1B |
| Net income | MXN 14.0B | MXN 4.9B |
| Gross margin | · | · |
| Net margin | 44.8% | 32.7% |
| Return on equity | · | 49.2% |
| Diluted EPS | MXN 45.17 | MXN 12.76 |
| Dividend / share | · | · |
| Payout ratio | · | 85.6% |
| Free cash flow | MXN 11.2B | MXN 5.9B |
| Equity | MXN 54.2B | MXN 10.4B |
| Net debt / equity | −0.12× | 0.87× |
| Current ratio | 4.36× | 1.31× |
| Revenue CAGR 5y | 13.2% | 12.1% |
| Profit CAGR 5y | 19.8% | 8.9% |
ASR bills 2.1× the revenue of OMAB, and keeps more of each dollar of revenue as profit (44.8% against 32.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | ASR | OMAB |
|---|---|---|
| FY2024 | MXN 31.3B | MXN 15.1B |
| FY2023 | MXN 25.8B | MXN 14.5B |
| FY2022 | MXN 25.3B | MXN 11.9B |
| FY2021 | MXN 18.8B | MXN 8.7B |
| FY2020 | MXN 12.6B | MXN 5.4B |
| FY2019 | MXN 16.8B | MXN 8.5B |
| FY2018 | MXN 15.4B | MXN 7.9B |
| FY2017 | MXN 12.6B | MXN 7.1B |
| FY2016 | MXN 9.8B | MXN 5.6B |
| FY2015 | MXN 9.0B | MXN 4.5B |
Bottom line
| Fiscal year | ASR | OMAB |
|---|---|---|
| FY2024 | MXN 14.0B | MXN 4.9B |
| FY2023 | MXN 10.7B | MXN 5.0B |
| FY2022 | MXN 10.6B | MXN 3.9B |
| FY2021 | MXN 6.4B | MXN 2.9B |
| FY2020 | MXN 2.1B | MXN 1.1B |
| FY2019 | MXN 5.7B | MXN 3.2B |
| FY2018 | MXN 5.1B | MXN 2.9B |
| FY2017 | MXN 6.8B | MXN 2.1B |
| FY2016 | MXN 3.6B | MXN 1.9B |
| FY2015 | MXN 2.9B | MXN 1.2B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +MXN 16,259,831,000 | ASR |
| FY2023 | +MXN 11,364,564,000 | ASR |
| FY2022 | +MXN 13,379,114,000 | ASR |
| FY2021 | +MXN 10,064,651,000 | ASR |
| FY2020 | +MXN 7,257,265,000 | ASR |
| FY2019 | +MXN 8,294,537,000 | ASR |
| FY2018 | +MXN 7,503,187,000 | ASR |
| FY2017 | +MXN 5,459,991,000 | ASR |
| FY2016 | +MXN 4,203,222,000 | ASR |
| FY2015 | +MXN 4,501,938,000 | ASR |
ASR has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +12.0 pp | ASR |
| FY2023 | +6.6 pp | ASR |
| FY2022 | +9.2 pp | ASR |
| FY2021 | +1.2 pp | ASR |
| FY2020 | −3.6 pp | OMAB |
| FY2019 | −4.1 pp | OMAB |
| FY2018 | −3.0 pp | OMAB |
| FY2017 | +23.6 pp | ASR |
| FY2016 | +3.4 pp | ASR |
| FY2015 | +4.9 pp | ASR |
The higher net margin has changed hands between ASR and OMAB over this period.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ASR's net margin has been more volatile than OMAB's over the 10 comparable fiscal years — 9.2 percentage points of standard deviation against 4.7.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between ASR and OMAB over these 10 fiscal years — ASR led in 7 and OMAB in 3.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.