OMA stock reports 6.6 percent adjusted EBITDA growth in Q2 2026
Published on 10/01/2026 at 02:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
OMA stock reported 6.6 percent growth in adjusted EBITDA to MXN 2.7 billion in the second quarter of 2026, according to Yahoo Finance. The result came with an adjusted EBITDA margin of 75.2 percent, giving the Mexican airport operator a clear earnings cushion despite softer traffic growth.
Revenue growth beats passenger growth
OMA served 7.2 million passengers in Q2 2026, an increase of 0.4 percent from the same quarter of 2025. Domestic traffic grew 0.6 percent, while international traffic declined 1.2 percent, according to Yahoo Finance.
The revenue mix was more resilient than the passenger count. Total aeronautical and non-aeronautical revenue rose 5.4 percent to MXN 3.6 billion, while commercial revenue per passenger reached MXN 66.4, up 60.3 percent year over year. Diversification revenue increased 17.4 percent, supported by cargo operations in Monterrey and Chihuahua.
Margin strength carries the result
OMA's 75.2 percent adjusted EBITDA margin reflects the benefit of tariff adjustments and higher commercial activity. Adjusted EBITDA rose 6.2 percent to MXN 2.7 billion on the financial presentation, while consolidated net income increased 10.2 percent to MXN 1.5 billion in Q2 2026, according to Yahoo Finance.
Management also described a measured investment cycle. OMA expects full-year investment of MXN 3.5 billion to MXN 4.0 billion, while total debt stood at MXN 14.3 billion and net debt to adjusted EBITDA was 1.1 times at the end of June 2026. Those figures frame the main trade-off for investors: strong margins support cash generation, but airport expansion and maintenance require continued capital spending.
OMA remains a 13 airport network
OMA operates 13 international airports across nine Mexican states and is listed on the Mexican Stock Exchange and the Nasdaq Global Select Market, according to StockTitan. The company also operates hotels and commercial facilities at selected airports, extending revenue beyond passenger charges.
Market value stands at USD 4.7 billion
OMA had a market capitalization of USD 4.7 billion as of September 30, 2026. The latest operating figures show a company where revenue and profit are growing faster than passenger traffic, with commercial revenue and tariff adjustments doing much of the work.
OMA stock facts
- Company: Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
- Ticker: OMAB
- Primary exchange: Nasdaq Global Select Market
- Market capitalization: USD 4.7 billion as of September 30, 2026
- Sector / Industry: Industrials / Transport Infrastructure
