Fomento Económico Mexicano, S.A.B. de C.V. (FMX) — Financial statements
Income statement, balance sheet, and cash flow for Fomento Económico Mexicano, S.A.B. de C.V. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 46,648↓94.8% | 890,085↑29.8% | 685,677↑17.9% | 581,755↑3.4% | 562,571 | |
| Cost of Revenue | 27,700↓94.7% | 526,864↑27.0% | 414,954↑19.0% | 348,833↓0.0% | 348,901 | |
| Gross Profit | 18,947↓94.8% | 363,221↑34.2% | 270,723↑16.2% | 232,922↑9.0% | 213,669 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 2,184 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 12,721 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 14,905↓94.7% | 282,977↑32.4% | 213,671↑25.5% | 170,269↑6.0% | 160,660 | |
| Other Expenses | 40↑352.2% | -16↓101.4% | 1,110↑413.1% | 216↓23.6% | 283 | |
| Operating Expenses | 14,945↓94.7% | 282,993↑31.8% | 214,754↑26.0% | 170,485↑5.9% | 160,943 | |
| Total Costs & Expenses | 42,645↓94.7% | 809,857↑28.6% | 629,708↑21.3% | 519,318↑1.9% | 509,844 | |
| Operating Results | ||||||
| Operating Income | 4,002↓95.0% | 80,228↑43.3% | 55,969↓10.4% | 62,437↑18.4% | 52,726 | |
| Depreciation & Amortization | 2,448↓94.5% | 44,767↑34.9% | 33,193↑11.6% | 29,747↑5.1% | 28,304 | |
| EBITDA | 6,401↓95.4% | 139,032↑31.9% | 105,434↑19.5% | 88,215↑4.3% | 84,601 | |
| EBIT | 3,952↓95.8% | 94,265↑30.5% | 72,240↑23.6% | 58,468↑3.9% | 56,296 | |
| Interest & Other Income | ||||||
| Net Interest Income | -597↑87.4% | -4,740↓160.5% | 7,830↑182.6% | -9,475↑28.0% | -13,158 | |
| Interest Income | 425↓96.9% | 13,740↓41.9% | 23,654↑541.8% | 3,685↑148.9% | 1,481 | |
| Interest Expense | 1,022↓94.5% | 18,480↑16.8% | 15,824↑20.2% | 13,160↓10.1% | 14,638 | |
| Non-Operating Income | 50↑100.4% | -14,037↑13.7% | -16,271↓510.0% | 3,969↑211.2% | -3,570 | |
| Other Income / Expenses | -1,155↑79.3% | -5,573↓11084.0% | 51↑100.3% | -17,032↓9308.6% | -181 | |
| Income Before Tax | 2,848↓96.2% | 74,654↑33.3% | 56,020↑23.4% | 45,405↓13.6% | 52,545 | |
| Income Tax Expense | 1,102↓96.2% | 28,964↑128.8% | 12,657↓2.2% | 12,936↓10.4% | 14,440 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,746↓96.2% | 45,691↑5.4% | 43,363↑33.6% | 32,469↓14.8% | 38,105 | |
| Net Income from Discontinued Operations | 87↑101.9% | -4,612↓114.7% | 31,400↑2164.4% | 1,387 | 0.00 | |
| Net Income | 1,078↓95.8% | 25,703↓59.9% | 64,041↑174.9% | 23,298↓19.2% | 28,818 | |
| Bottom-Line Net Income | 991↓96.1% | 25,703↓59.9% | 64,041↑174.9% | 23,298↓19.2% | 28,818 | |
| EPS (Basic) | 27.50↓96.3% | 739.40↓58.7% | 1,789.90↑174.9% | 651.10↓19.2% | 805.40 | |
| EPS (Diluted) | 27.50↓96.3% | 739.40↓58.7% | 1,789.90↑174.9% | 651.10↓19.2% | 805.40 | |
| Weighted Average Shares | 33↓3.9% | 35↓2.8% | 36↓0.0% | 36↑0.0% | 36 | |
| Weighted Average Diluted Shares | 33↓3.8% | 35↓2.8% | 36↓0.0% | 36↑0.0% | 36 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.