OMAB vs PAC
Central North Airport Group and Pacific Airport Group, side by side — 10 fiscal years reported in MXN, drawn from SEC filings.
Most recent reported year
| Metric | OMAB | PAC |
|---|---|---|
| Revenue | MXN 15.1B | MXN 33.6B |
| Net income | MXN 4.9B | MXN 8.6B |
| Gross margin | · | · |
| Net margin | 32.7% | 26.4% |
| Return on equity | 49.2% | 40.9% |
| Diluted EPS | MXN 12.76 | MXN 17.04 |
| Dividend / share | · | · |
| Payout ratio | 85.6% | · |
| Free cash flow | MXN 5.9B | · |
| Equity | MXN 10.4B | MXN 22.3B |
| Net debt / equity | 0.87× | 1.54× |
| Current ratio | 1.31× | 0.85× |
| Revenue CAGR 5y | 12.1% | 15.7% |
| Profit CAGR 5y | 8.9% | 9.9% |
PAC bills 2.2× the revenue of OMAB, and OMAB keeps more of each dollar of revenue as profit (32.7% against 26.4%).
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 | OMAB | PAC |
|---|---|---|
| FY2024 | MXN 15.1B | MXN 33.6B |
| FY2023 | MXN 14.5B | MXN 33.2B |
| FY2022 | MXN 11.9B | MXN 27.4B |
| FY2021 | MXN 8.7B | MXN 19.0B |
| FY2020 | MXN 5.4B | MXN 11.9B |
| FY2019 | MXN 8.5B | MXN 16.2B |
| FY2018 | MXN 7.9B | MXN 14.1B |
| FY2017 | MXN 7.1B | MXN 12.4B |
| FY2016 | MXN 5.6B | MXN 11.1B |
| FY2015 | MXN 4.5B | MXN 8.1B |
Bottom line
| Fiscal year | OMAB | PAC |
|---|---|---|
| FY2024 | MXN 4.9B | MXN 8.6B |
| FY2023 | MXN 5.0B | MXN 9.5B |
| FY2022 | MXN 3.9B | MXN 9.0B |
| FY2021 | MXN 2.9B | MXN 6.0B |
| FY2020 | MXN 1.1B | MXN 2.0B |
| FY2019 | MXN 3.2B | MXN 5.4B |
| FY2018 | MXN 2.9B | MXN 5.0B |
| FY2017 | MXN 2.1B | MXN 4.6B |
| FY2016 | MXN 1.9B | MXN 3.3B |
| FY2015 | MXN 1.2B | MXN 2.7B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −MXN 18,541,418,000 | PAC |
| FY2023 | −MXN 18,767,064,000 | PAC |
| FY2022 | −MXN 15,445,608,000 | PAC |
| FY2021 | −MXN 10,294,896,000 | PAC |
| FY2020 | −MXN 6,498,907,000 | PAC |
| FY2019 | −MXN 7,698,920,000 | PAC |
| FY2018 | −MXN 6,215,836,000 | PAC |
| FY2017 | −MXN 5,236,091,000 | PAC |
| FY2016 | −MXN 5,557,292,000 | PAC |
| FY2015 | −MXN 3,614,250,000 | PAC |
PAC 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 | +6.3 pp | OMAB |
| FY2023 | +5.6 pp | OMAB |
| FY2022 | −0.7 pp | PAC |
| FY2021 | +1.1 pp | OMAB |
| FY2020 | +4.3 pp | OMAB |
| FY2019 | +4.2 pp | OMAB |
| FY2018 | −0.2 pp | PAC |
| FY2017 | −8.3 pp | PAC |
| FY2016 | +3.6 pp | OMAB |
| FY2015 | −6.7 pp | PAC |
The higher net margin has changed hands between OMAB and PAC over this period.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PAC's net margin has been more volatile than OMAB's over the 10 comparable fiscal years — 5.9 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 OMAB and PAC over these 10 fiscal years — OMAB led in 6 and PAC in 4.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PAC's return on equity has been more volatile than OMAB's over the 10 comparable fiscal years — 13.4 percentage points of standard deviation against 12.4.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between OMAB and PAC over these 10 fiscal years — OMAB led in 8 and PAC in 2.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.