FMX
Fomento Economico Mexicano
NYSE: FMX · CONSUMER DEFENSIVE · BEVERAGES - BREWERS
$112.01
-1.47% today
Updated 2026-04-29
Market cap
$38.16B
P/E ratio
42.75
P/S ratio
0.05x
EPS (TTM)
$2.62
Dividend yield
6.00%
52W range
$78 – $117
Volume
0.4M
Fomento Economico Mexicano (FMX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $124.78B | $146.26B | $179.66B | $189.58B | $164.79B | $221.70B | $237.60B | $259.73B | $273.40B | $338.90B | $443.07B | $461.65B | $482.28B | $508.93B | $456.33B | $562.57B | $581.76B | $685.68B | $890.08B | $46.65B |
| Revenue growth (YoY) | — | +17.2% | +22.8% | +5.5% | -13.1% | +34.5% | +7.2% | +9.3% | +5.3% | +24.0% | +30.7% | +4.2% | +4.5% | +5.5% | -10.3% | +23.3% | +3.4% | +17.9% | +29.8% | -94.8% |
| Cost of revenue | $67.29B | $79.91B | $98.15B | $103.80B | $97.40B | $129.25B | $136.90B | $149.79B | $159.50B | $205.51B | $279.31B | $292.74B | $303.99B | $318.11B | $282.79B | $348.90B | $348.83B | $414.95B | $526.86B | $27.70B |
| Gross profit | $57.50B | $66.35B | $81.50B | $85.78B | $67.39B | $92.45B | $100.70B | $109.94B | $113.91B | $133.38B | $163.75B | $168.91B | $178.29B | $190.82B | $173.54B | $213.67B | $232.92B | $270.72B | $363.22B | $18.95B |
| Gross margin | 46.1% | 45.4% | 45.4% | 45.2% | 40.9% | 41.7% | 42.4% | 42.3% | 41.7% | 39.4% | 37.0% | 36.6% | 37.0% | 37.5% | 38.0% | 38.0% | 40.0% | 39.5% | 40.8% | 40.6% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $8.40B | $9.19B | $9.53B | $11.11B | $7.77B | $8.25B | $9.55B | $9.96B | $10.28B | $11.93B | $14.73B | $16.51B | $17.26B | $19.93B | $22.99B | $27.22B | $34.49B | $32.31B | $39.13B | $2.18B |
| Operating income | $16.74B | $18.20B | $22.46B | $24.08B | $19.98B | $26.85B | $28.37B | $29.08B | $31.22B | $36.79B | $42.05B | $42.34B | $44.18B | $48.71B | $39.63B | $52.73B | $62.44B | $55.97B | $80.23B | $4.10B |
| Operating margin | 13.4% | 12.4% | 12.5% | 12.7% | 12.1% | 12.1% | 11.9% | 11.2% | 11.4% | 10.9% | 9.5% | 9.2% | 9.2% | 9.6% | 8.7% | 9.4% | 10.7% | 8.2% | 9.0% | 8.8% |
| EBITDA | $24.87B | $29.17B | $28.46B | $32.17B | $31.71B | $35.10B | $37.44B | $37.78B | $38.55B | $43.65B | $53.36B | $65.59B | $62.31B | $69.62B | $58.52B | $84.60B | $88.22B | $105.43B | $139.03B | $5.66B |
| EBITDA margin | 19.9% | 19.9% | 15.8% | 17.0% | 19.2% | 15.8% | 15.8% | 14.5% | 14.1% | 12.9% | 12.0% | 14.2% | 12.9% | 13.7% | 12.8% | 15.0% | 15.2% | 15.4% | 15.6% | 12.1% |
| EBIT | $17.82B | $21.10B | $19.79B | $23.38B | $26.32B | $28.32B | $29.58B | $28.50B | $28.74B | $32.38B | $38.15B | $49.18B | $44.61B | $43.69B | $32.56B | $56.30B | $58.47B | $72.24B | $94.26B | $4.10B |
| Interest expense | $4.00B | $4.53B | $5.30B | $5.02B | $3.20B | $2.41B | $2.13B | $3.26B | $4.10B | $5.01B | $6.48B | $11.64B | $10.09B | $11.26B | $14.68B | $14.64B | $13.16B | $15.82B | $18.48B | $1.11B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $6.56B | $8.46B | $7.21B | $9.58B | $39.39B | $16.87B | $20.65B | $16.02B | $17.33B | $19.23B | $23.44B | $43.33B | $23.63B | $20.79B | $-1.79B | $28.82B | $23.30B | $64.04B | $25.70B | $1.08B |
| Net income growth (YoY) | — | +29.1% | -14.8% | +32.9% | +311.3% | -57.2% | +22.4% | -22.4% | +8.2% | +11.0% | +21.9% | +84.8% | -45.5% | -12.0% | -108.6% | +1713.0% | -19.2% | +174.9% | -59.9% | -95.8% |
| Profit margin | 5.3% | 5.8% | 4.0% | 5.1% | 23.9% | 7.6% | 8.7% | 6.2% | 6.3% | 5.7% | 5.3% | 9.4% | 4.9% | 4.1% | -0.4% | 5.1% | 4.0% | 9.3% | 2.9% | 2.3% |