See more : Asia Green Biotechnology Corp. (ASIA.CN) Income Statement Analysis – Financial Results
Complete financial analysis of Fomento Económico Mexicano, S.A.B. de C.V. (FMX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Fomento Económico Mexicano, S.A.B. de C.V., a leading company in the Beverages – Alcoholic industry within the Consumer Defensive sector.
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Fomento Económico Mexicano, S.A.B. de C.V. (FMX)
About Fomento Económico Mexicano, S.A.B. de C.V.
Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of chillers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. As of December 31, 2021, it operated 20,431 OXXO stores; 3,652 drugstores; and 567 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 702.69B | 673.20B | 556.26B | 492.97B | 506.71B | 469.74B | 460.46B | 399.51B | 311.59B | 263.45B | 258.10B | 238.31B | 203.04B | 169.70B | 197.03B | 168.02B | 147.56B | 126.43B | 105.58B | 93.96B | 75.89B | 52.95B | 49.54B | 45.45B | 38.63B | 33.53B | 24.58B | 26.54B | 21.73B |
| Cost of Revenue | 423.19B | 421.53B | 342.55B | 303.31B | 315.23B | 294.57B | 290.19B | 251.30B | 188.41B | 153.28B | 148.44B | 137.01B | 118.01B | 98.73B | 106.20B | 90.40B | 79.80B | 67.94B | 56.20B | 49.97B | 39.37B | 26.37B | 24.30B | 22.71B | 19.77B | 18.37B | 13.45B | 15.64B | 12.79B |
| Gross Profit | 279.51B | 251.67B | 213.71B | 189.65B | 191.48B | 175.17B | 170.27B | 148.20B | 123.18B | 110.17B | 109.65B | 101.30B | 85.04B | 70.97B | 90.84B | 77.62B | 67.76B | 58.49B | 49.39B | 43.99B | 36.52B | 26.58B | 25.24B | 22.74B | 18.86B | 15.16B | 11.13B | 10.90B | 8.94B |
| Gross Profit Ratio | 39.78% | 37.38% | 38.42% | 38.47% | 37.79% | 37.29% | 36.98% | 37.10% | 39.53% | 41.82% | 42.49% | 42.51% | 41.88% | 41.82% | 46.10% | 46.20% | 45.92% | 46.26% | 46.78% | 46.82% | 48.12% | 50.20% | 50.95% | 50.03% | 48.82% | 45.21% | 45.30% | 41.07% | 41.13% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 32.31B | 34.49B | 27.22B | 22.99B | 19.93B | 17.46B | 17.12B | 14.97B | 11.93B | 10.28B | 10.07B | 9.55B | 8.25B | 7.77B | 11.11B | 9.53B | 9.19B | 8.40B | 7.09B | 6.62B | 5.74B | 4.66B | 4.81B | 4.14B | 3.28B | 2.60B | 1.92B | 2.22B | 2.05B |
| Selling & Marketing | 188.73B | 157.34B | 134.08B | 123.41B | 121.87B | 114.57B | 111.46B | 95.55B | 76.38B | 69.02B | 69.57B | 62.09B | 49.88B | 40.68B | 52.72B | 45.41B | 39.00B | 32.70B | 26.72B | 23.63B | 18.70B | 12.51B | 12.71B | 11.54B | 9.59B | 7.89B | 5.70B | 6.15B | 5.06B |
| SG&A | 221.04B | 191.83B | 161.30B | 146.39B | 141.80B | 132.04B | 128.58B | 110.52B | 88.30B | 79.29B | 79.65B | 71.64B | 58.13B | 48.44B | 63.83B | 54.94B | 48.19B | 41.10B | 33.80B | 30.25B | 24.44B | 17.17B | 17.12B | 15.68B | 12.86B | 10.49B | 7.62B | 8.36B | 7.11B |
| Other Expenses | 0.00 | 426.00M | 422.00M | 1.76B | 2.53B | -13.00M | 1.03B | 3.00M | -11.00M | 25.00M | 8.00M | -3.00M | 591.00M | 627.00M | 851.00M | 689.00M | 842.00M | 778.00M | 667.00M | 594.00M | 24.44B | -6.36M | 17.12B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 221.63B | 192.25B | 161.72B | 148.15B | 144.33B | 132.02B | 129.61B | 110.52B | 88.29B | 79.32B | 79.66B | 71.64B | 58.13B | 48.44B | 63.83B | 54.94B | 48.19B | 41.10B | 33.80B | 30.25B | 24.44B | 17.16B | 17.12B | 15.68B | 12.86B | 10.49B | 7.62B | 8.36B | 7.11B |
| Cost & Expenses | 644.81B | 613.79B | 504.27B | 451.46B | 459.56B | 426.60B | 419.80B | 361.82B | 276.70B | 232.59B | 228.10B | 208.64B | 176.14B | 147.17B | 170.02B | 145.34B | 127.99B | 109.04B | 90.00B | 80.22B | 63.81B | 43.53B | 41.42B | 38.39B | 32.63B | 28.86B | 21.07B | 24.01B | 19.90B |
| Interest Income | 17.61B | 3.84B | 1.46B | 2.10B | 3.17B | 2.83B | 1.57B | 1.30B | 1.02B | 862.00M | 1.23B | 783.00M | 999.00M | 1.10B | 565.00M | 598.00M | 769.00M | 707.00M | 638.00M | 541.00M | 695.00M | 489.00M | 497.00M | 409.00M | 399.00M | 349.00M | 262.00M | 410.00M | 589.00M |
| Interest Expense | 17.19B | 16.31B | 16.94B | 17.52B | 14.13B | 9.40B | 10.74B | 9.18B | 7.42B | 6.29B | 3.84B | 2.18B | 2.93B | 3.27B | 5.20B | 4.93B | 4.55B | 4.04B | 4.52B | 3.76B | 2.54B | 903.90M | 891.31M | 1.03B | 1.00B | 1.10B | 997.00M | 1.52B | 1.08B |
| Depreciation & Amortization | 34.02B | 30.53B | 27.99B | 28.05B | 25.81B | 17.24B | 15.64B | 13.71B | 10.83B | 10.01B | 9.70B | 7.89B | 6.54B | 5.50B | 9.09B | 8.07B | 8.11B | 7.62B | 6.70B | 6.25B | 5.11B | 4.63B | 3.49B | 3.48B | 2.94B | 2.33B | 1.86B | 2.02B | 1.53B |
| EBITDA | 109.03B | 91.49B | 56.90B | 63.22B | 69.31B | 58.29B | 57.78B | 51.92B | 44.62B | 40.04B | 39.00B | 37.46B | 31.63B | 32.40B | 25.96B | 26.48B | 29.72B | 23.09B | 21.36B | 18.24B | 17.15B | 14.42B | 10.45B | 11.40B | 8.72B | 7.48B | 5.36B | 7.00B | 3.32B |
| EBITDA Ratio | 15.52% | 9.20% | 10.23% | 7.32% | 9.61% | 12.94% | 17.68% | 13.00% | 14.08% | 14.90% | 14.42% | 16.25% | 15.91% | 32.23% | 14.26% | 14.23% | 17.71% | 18.26% | 20.23% | 19.42% | 18.60% | 22.66% | 21.09% | 20.58% | 22.57% | 16.88% | 21.82% | 18.90% | 15.28% |
| Operating Income | 57.88B | 31.39B | 28.91B | 8.02B | 22.88B | 44.19B | 41.44B | 37.43B | 34.89B | 20.74B | 29.86B | 29.23B | 26.90B | 22.53B | 27.01B | 22.68B | 19.57B | 17.39B | 15.59B | 13.74B | 12.08B | 9.41B | 8.12B | 7.06B | 6.00B | 4.67B | 3.51B | 2.54B | 1.82B |
| Operating Income Ratio | 8.24% | 4.66% | 5.20% | 1.63% | 4.51% | 9.41% | 9.00% | 9.37% | 11.20% | 7.87% | 11.57% | 12.26% | 13.25% | 13.28% | 13.71% | 13.50% | 13.26% | 13.75% | 14.76% | 14.62% | 15.92% | 17.78% | 16.39% | 15.53% | 15.52% | 13.93% | 14.29% | 9.56% | 8.39% |
| Total Other Income/Expenses | -468.00M | -17.25B | -10.74B | -23.49B | -10.57B | -9.00B | 4.35B | -9.13B | -9.72B | -7.11B | -4.92B | -2.14B | 1.47B | 1.10B | -4.37B | -9.20B | -2.68B | -2.92B | -1.89B | -1.00B | -3.23B | -412.99M | -454.75M | -725.00M | -165.00M | -1.17B | -687.00M | 926.00M | -768.00M |
| Income Before Tax | 57.41B | 41.87B | 41.28B | 18.94B | 32.09B | 33.63B | 39.87B | 28.56B | 25.16B | 23.74B | 25.08B | 27.53B | 28.37B | 23.63B | 18.99B | 13.49B | 16.89B | 14.00B | 12.70B | 11.64B | 8.04B | 8.24B | 7.67B | 5.87B | 5.76B | 2.91B | 3.06B | 3.46B | 1.05B |
| Income Before Tax Ratio | 8.17% | 6.22% | 7.42% | 3.84% | 6.33% | 7.16% | 8.66% | 7.15% | 8.08% | 9.01% | 9.72% | 11.55% | 13.97% | 13.93% | 9.64% | 8.03% | 11.44% | 11.07% | 12.02% | 12.39% | 10.59% | 15.56% | 15.48% | 12.91% | 14.91% | 8.67% | 12.43% | 13.05% | 4.85% |
| Income Tax Expense | 12.97B | 13.55B | 14.28B | 14.82B | 10.48B | 10.17B | 10.58B | 7.89B | 7.93B | 6.25B | 7.76B | 7.95B | 7.69B | 5.67B | 3.91B | 4.21B | 4.95B | 4.81B | 4.58B | 2.40B | 3.38B | 3.63B | 2.80B | 2.31B | 1.85B | 870.00M | 837.00M | 468.00M | 406.00M |
| Net Income | 65.69B | 23.91B | 28.50B | 4.12B | 20.70B | 22.56B | 40.86B | 21.14B | 17.68B | 11.09B | 15.92B | 20.71B | 15.33B | 40.25B | 9.91B | 9.28B | 8.51B | 7.13B | 5.95B | 6.41B | 3.41B | 3.10B | 3.55B | 2.75B | 3.31B | 1.64B | 1.31B | 1.43B | 306.00M |
| Net Income Ratio | 9.35% | 3.55% | 5.12% | 0.84% | 4.08% | 4.80% | 8.87% | 5.29% | 5.68% | 4.21% | 6.17% | 8.69% | 7.55% | 23.72% | 5.03% | 5.52% | 5.77% | 5.64% | 5.64% | 6.82% | 4.49% | 5.86% | 7.16% | 6.05% | 8.56% | 4.89% | 5.34% | 5.40% | 1.41% |
| EPS | 4.76 | 6.68 | 7.96 | 1.15 | 5.78 | 6.30 | 23.70 | 11.82 | 44.00 | 3.10 | 39.50 | 5.79 | 38.50 | 100.50 | 27.70 | 12.96 | 21.00 | 18.00 | 15.50 | 18.00 | 9.50 | 8.67 | 9.95 | 7.65 | 9.20 | 5.25 | 8.23 | 9.00 | 1.99 |
| EPS Diluted | 9.35 | 6.68 | 7.96 | 1.15 | 5.78 | 6.30 | 23.70 | 11.82 | 44.00 | 3.10 | 39.50 | 5.79 | 38.00 | 100.50 | 27.70 | 12.96 | 21.00 | 18.00 | 15.50 | 18.00 | 9.50 | 8.67 | 9.95 | 7.65 | 9.20 | 5.25 | 8.23 | 9.00 | 1.59 |
| Weighted Avg Shares Out | 7.03B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 1.42B | 715.64M | 715.65M | 715.65M | 715.65M | 636.02M | 636.02M | 635.68M | 635.71M | 640.51M | 640.96M | 524.90M | 307.78M | 307.78M | 307.78M |
| Weighted Avg Shares Out (Dil) | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 3.58B | 1.42B | 715.64M | 715.65M | 715.65M | 715.65M | 636.02M | 636.02M | 635.68M | 635.71M | 640.51M | 640.96M | 524.90M | 307.78M | 307.78M | 383.94M |
FEMSA Announces Second Quarter 2024 Results
MONTERREY, Mexico, July 24, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the second quarter of 2024.
Mill Point Capital Announces Carve-Out of FEMSA's Commercial Refrigeration and Foodservice Equipment Businesses
KENNESAW, Ga.--(BUSINESS WIRE)--An affiliate of Mill Point Capital LLC (“Mill Point Capital”), a lower middle-market private equity firm focused on control-oriented investments in the industrials, business services and IT services sectors in North America, has entered into a definitive agreement...
FEMSA announces agreement with Mill Point Capital to divest FEMSA's refrigeration and foodservice equipment operations
MONTERREY, Mexico, July 17, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it has reached a definitive agreement with Mill Point Capital LLC, a leading private equity firm,...
FEMSA Schedules Conference Call to Discuss Second Quarter Financial Results
MONTERREY, Mexico, July 08, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its Second Quarter Conference Call that will be held...
FEMSA ANNOUNCES EARLY TENDER RESULTS AND ACCEPTANCE OF NOTES FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFER
MONTERREY, Mexico , June 17, 2024 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announced the early tender results and acceptance for its previously announced offer to purchase for cash (the "Tender Offer") up to...
FEMSA ANNOUNCES THE TOTAL CONSIDERATION FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFER
MONTERREY, Mexico , June 17, 2024 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announced the total consideration for its previously announced offer to purchase for cash (the "Tender Offer") up to US$250,000,000 (the...
Can FEMSA (FMX) Stock Regain Momentum on Effective Strategies?
FEMSA (FMX) looks poised for long-term growth on its FEMSA forward strategy, digital initiatives, business expansion endeavors, and continued strength in OXXO Mexico and OXXO Gas.
FEMSA completes Accelerated Share Repurchase Agreement, and announces new Agreement
MONTERREY, Mexico, June 10, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces today that it has entered into a new derivative instrument in the form of an accelerated...
FEMSA ANNOUNCES COMMENCEMENT OF TENDER OFFER
MONTERREY, Mexico , June 4, 2024 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has commenced an offer to purchase for cash (the "Tender Offer") up to US$250,000,000 (the "Tender Cap")...
FEMSA (FMX) Q1 Earnings Decline Year Over Year, Revenues Up
FEMSA (FMX) posts lower earnings year over year in first-quarter 2024. However, revenues improved 11.3% year over year.
Source: https://incomestatements.info
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