# Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (GAERF)

> Industrials · MX · Reports in MXN

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/GAERF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 8.28B | $ 2.70B | $ 2.35B | $ 14.25B | $ 9.10B |
| 2025 | $ 15.96B | $ 5.34B | $ 5.27B | $ 13.68B | $ 11.25B |
| 2024 | $ 15.07B | $ 4.93B | $ 4.73B | $ 11.46B | $ 10.38B |
| 2023 | $ 15.16B | $ 5.26B | $ 5.16B | $ 10.88B | $ 9.67B |
| 2022 | $ 9.65B | $ 3.08B | $ 1.21B | $ 10.39B | $ 8.37B |
| 2021 | $ 10.32B | $ 3.38B | $ 2.98B | $ 7.92B | $ 11.06B |
| 2020 | $ 6.82B | $ 1.39B | $ -175.54M | $ 4.71B | $ 10.65B |
| 2019 | $ 11.18B | $ 4.22B | $ 3.97B | $ 4.76B | $ 9.72B |
| 2018 | $ 10.66B | $ 3.84B | $ 3.52B | $ 4.61B | $ 8.35B |
| 2017 | $ 7.41B | $ 2.19B | $ 989.89M | $ 4.63B | $ 7.07B |
| 2016 | $ 8.37B | $ 2.82B | $ 3.21B | $ 4.69B | $ 6.55B |
| 2015 | $ 7.02B | $ 1.92B | $ 2.66B | $ 4.71B | $ 5.87B |
| 2014 | $ 5.90B | $ 1.63B | $ 1.83B | $ 4.72B | $ 6.07B |
| 2013 | $ 5.66B | $ 1.99B | $ 1.20B | $ 3.10B | $ 6.38B |
| 2012 | $ 5.41B | $ 1.40B | $ 2.10B | $ 2.09B | $ 6.41B |
| 2011 | $ 5.13B | $ 937.88M | $ 924.07M | $ 1.56B | $ 6.08B |
| 2010 | $ 5.56B | $ 1.51B | $ 526.61M | $ 1.10B | $ 7.84B |
| 2009 | $ 4.06B | $ 810.90M | $ -6.05M | $ 673.65M | $ 7.67B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 1.57 |
| Liabilities / Eq | 2.49 |
| Current Ratio | 0.66 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 3.64 |
| Gross Debt / FCF | 4.18 |

## Other views

- [Metrics](https://sponda.capital/en/GAERF.md)
- [Charts](https://sponda.capital/en/GAERF/charts.md)
- [Compare](https://sponda.capital/en/GAERF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.