OMAB
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
OMAB has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over OMAB overall, supported by stronger modeled upside and stronger fundamentals.
OMAB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Healthy |
OMAB's revenue, profitability, cash flow and balance sheet are all currently healthy.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
OMAB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 13x | $81.01 | -26% |
| Fair | 18x | $107 | -2.8% |
| Current | 18x | $110 | — |
| Expensive | 26x | $156 | +42% |
Historical ranges are pointers, not guarantees.
OMAB's PE is 18x, but its earnings don't support one, so it isn't a reliable read right now.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
OMAB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect OMAB's earnings to grow and its profitability to improve, with its revenue holding steady.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over OMAB on the outlook, with more favorable revenue expectations.
OMAB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $6.05 | +3.1% |
| Q2 2026 | $6.01 | +3.4% |
| Q1 2026 | $5.81 | -1.5% |
| Q4 2025 | $5.84 | +3.4% |
| Q3 2025 | $5.87 | +3.7% |
| Q2 2025 | $5.81 | +2.5% |
| Q1 2025 | $5.90 | +6.9% |
| Q4 2024 | $5.65 | +2.5% |
OMAB has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
OMAB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $257M | +22% |
| Q2 2026 | $239.7M | +2.6% |
| Q1 2026 | $204.8M | +6.9% |
| Q4 2025 | $220.7M | 0% |
| Q3 2025 | $210.8M | +6.1% |
| Q2 2025 | $233.6M | +24% |
| Q1 2025 | $191.5M | -5% |
| Q4 2024 | $220.8M | +11% |
OMAB's revenue is growing: $257M last quarter, up 22% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 53% | -7.8 points |
| Q2 2026 | 53% | +0.8 points |
| Q1 2026 | 55% | -4.6 points |
| Q4 2025 | 52% | -1.3 points |
| Q3 2025 | 61% | +2.6 points |
| Q2 2025 | 53% | +108 points |
| Q1 2025 | 59% | +11 points |
| Q4 2024 | 53% | -0.6 points |
OMAB has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over OMAB on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
OMAB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $104.5M | +39% |
| Q2 2026 | $49.4M | -24% |
| Q1 2026 | $47.6M | -19% |
| Q4 2025 | $95.4M | +0.1% |
| Q3 2025 | $75M | +38% |
| Q2 2025 | $65.1M | +33% |
| Q1 2025 | $58.7M | +6.4% |
| Q4 2024 | $95.3M | +6.4% |
OMAB has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
OMAB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | 0% | -- |
| 5 years | -1% | -493K shares |
| Available history | -1.3% | -641K shares |
OMAB has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $131,992 |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
OMAB has spent almost nothing on buybacks in the past year.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
OMAB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.1x | Healthy |
| Q2 2026 | 1.2x | Healthy |
| Q1 2026 | 1.0x | Very low |
| Q4 2025 | 1.1x | Healthy |
| Q3 2025 | 0.9x | Very low |
| Q2 2025 | 1.1x | Healthy |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 1.1x | Healthy |
OMAB's net debt is about 1.1 years of its operating earnings (EBITDA), up from less than a year a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
OMAB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.5 | Neutral |
| Stochastic | 79.8 | Neutral |
OMAB's weekly RSI is 56 (neutral) and its Stochastic is 80 (neutral).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
OMAB PE vs Industrials Sector
| Metric | OMAB | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 25% below |
| PE % | 58 | 58 | Same percentile |
OMAB is trading at 18x earnings, a 25% discount to the Industrials sector's median of 24x, though its earnings don't support one.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
OMAB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $100.0 | 9.8% above |
| 20 week MA | $102.4 | 7.2% above |
| 50 week MA | $108.0 | 1.6% above |
| 100 week MA | $101.0 | 8.7% above |
| 200 week MA | $88.9 | 23% above |
OMAB has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
OMAB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $60.9 | $51.1 | -16% |
| 2021 | $51.1 | $53.0 | +3.6% |
| 2022 | $53.0 | $65.6 | +24% |
| 2023 | $65.6 | $84.6 | +29% |
| 2024 | $84.6 | $69.6 | -18% |
| 2025 | $69.6 | $112.8 | +62% |
| 2026 YTD | $112.8 | $109.8 | -2.7% |
OMAB has finished higher in four of the last six years. It's down 2.7% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over OMAB on returns for 2026, with the stronger performance.