Central North Airport Group (GAERF) cash flow statement

GAERFOTCAirports, Flying Fields & Airport Terminal ServicesFiscal year ends December 31Also trades as OMAB

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 30, 2026Score 11/30

$10.47+0.00 (0.00%)

Close on Oct 19, 2026Market cap $5.11BP/E 18.0Yield –

Central North Airport Group cash flow statement

AnnualQuarterlyTTM

MXN USD

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31
Depreciation & Amortization	46	41	36	27	24	20	22	18	16	15	15
Change in Accounts Receivable	-8.81	-31	-2.15	-9.20	-12	-4.37	-3.17	-3.11	4.97	-17	-4.40
Change in Accounts Payable	-0.30	-2.14	-4.11	5.98	-1.60	0.34	-1.40	3.21	-0.66	-3.88	0.95
Operating Cash Flow	388	339	357	248	219	60	193	193	155	128	130
Capital Expenditures	-8.50	-18	-23	-12	-5.00	-7.33	-2.97	-11	-12	-6.45	-8.45
Sale of Property, Plant & Equipment	0.01	0.01	0.03	0.00	0.07	0.25	0.06	0.01	0.07	1.65	0.02
Investing Cash Flow	-126	-137	-157	-137	-88	-61	-49	-57	-82	-25	-31
Dividends Paid	-233	-231	-211	-329	-98	–	-83	-84	-83	-73	–
Debt Issued	–	–	180	199	173	–	–	–	–	–	–
Debt Repaid	-47	–	-68	-134	-0.69	-1.98	-2.12	-2.58	-2.71	-3.15	-3.32
Financing Cash Flow	-185	-255	-243	-242	14	-25	-117	-101	-105	-81	-112
Foreign Exchange Rate Adjustments	-1.53	3.13	-0.04	-0.28	4.15	3.66	-2.43	-2.84	-3.82	–	–
Free Cash Flow	379	321	334	236	214	53	190	182	143	121	122
Income Taxes Paid	125	115	136	86	24	35	69	52	44	31	19

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: –
Operating margin: 56.0%
Net margin: 33.5%
Return on equity, FY2025: 49.4%

Financial strength

Current ratio: 1.32
Debt to equity: 1.19
Debt to assets: 43.4%
Cash to current liabilities: 65.5%

Valuation

P/E ratio: 18.0
Price to sales: 6.01
Price to book: 8.52
Dividend yield: –

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