Fomento Mexicano Financials
This page shows Fomento Mexicano (FMX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Fomento Mexicano's revenue declined 9.9% year-over-year, from $41.6B to $37.5B. This contraction results in a growth score of 17/100.
Fomento Mexicano carries a low D/E ratio of 0.25, meaning only $0.25 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.
Fomento Mexicano's current ratio of 1.69 indicates adequate short-term liquidity, earning a score of 30/100. The company can meet its near-term obligations, though with limited headroom.
Fomento Mexicano's ROE of 10.6% shows moderate profitability relative to equity, earning a score of 35/100. This is down from 20.3% the prior year.
Fomento Mexicano passes 2 of 9 financial strength tests. 1 of 2 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Key Financial Metrics
Earnings & Revenue
Fomento Mexicano generated $37.5B in revenue in fiscal year 2024. This represents a decrease of 9.9% from the prior year.
Fomento Mexicano reported $1.9B in net income in fiscal year 2024. This represents a decrease of 57.5% from the prior year.
Cash & Balance Sheet
Fomento Mexicano held $6.7B in cash against $4.5B in long-term debt as of fiscal year 2024.
Margins & Returns
Fomento Mexicano's net profit margin was 5.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 5.8 percentage points from the prior year.
Fomento Mexicano's ROE was 10.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 9.7 percentage points from the prior year.
Capital Allocation
Fomento Mexicano invested $2.1B in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 1.7% from the prior year.
FMX Income Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q2'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FMX Balance Sheet
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q2'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $40.8B-14.4% | $47.7B+16.4% | $41.0B+14.0% | $36.0B+4.4% | $34.4B+1.8% | $33.8B+2.7% | $32.9B+12.1% | $29.4B |
| Current Assets | $16.4B-22.1% | $21.1B+81.4% | $11.6B+3.3% | $11.2B+11.2% | $10.1B+10.6% | $9.2B-0.9% | $9.2B+2.1% | $9.0B |
| Cash & Equivalents | $6.7B-15.3% | $7.9B+60.4% | $4.9B-1.2% | $5.0B-4.8% | $5.2B+59.2% | $3.3B-10.2% | $3.7B+11.5% | $3.3B |
| Inventory | $3.2B-6.1% | $3.4B+7.9% | $3.2B+28.7% | $2.5B+12.1% | $2.2B+1.8% | $2.2B+11.6% | $1.9B+7.3% | $1.8B |
| Accounts Receivable | $2.1B-10.0% | $2.3B-1.5% | $2.3B+41.3% | $1.7B+16.4% | $1.4B | N/A | N/A | N/A |
| Goodwill | $7.0B-17.2% | $8.5B-13.4% | $9.8B+26.9% | $7.7B-1.4% | $7.8B+0.6% | $7.8B+0.8% | $7.7B+4.0% | $7.4B |
| Total Liabilities | $22.6B-10.8% | $25.3B+7.0% | $23.6B+20.5% | $19.6B+3.3% | $19.0B+14.8% | $16.5B+5.8% | $15.6B+27.4% | $12.3B |
| Current Liabilities | $9.7B-9.8% | $10.8B+18.9% | $9.1B+36.1% | $6.7B+12.0% | $6.0B-17.8% | $7.2B+9.6% | $6.6B+27.8% | $5.2B |
| Long-Term Debt | $4.5B-8.9% | $5.0B+19.1% | $4.2B+55.3% | $2.7B+3.6% | $2.6B+3.3% | $2.5B+6.0% | $2.4B | N/A |
| Total Equity | $18.3B-18.4% | $22.4B+29.2% | $17.3B+6.1% | $16.3B+5.8% | $15.4B-10.6% | $17.3B0.0% | $17.3B+1.1% | $17.1B |
| Retained Earnings | $14.7B-18.5% | $18.0B+39.9% | $12.9B+10.9% | $11.6B+6.3% | $10.9B-10.3% | $12.2B+7.4% | $11.3B+2.2% | $11.1B |
FMX Cash Flow Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q2'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FMX Financial Ratios
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q2'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 1.69-0.3 | 1.95+0.7 | 1.28-0.4 | 1.69-0.0 | 1.70+0.4 | 1.26-0.1 | 1.40-0.4 | 1.75 |
| Debt-to-Equity | 0.25+0.0 | 0.22-0.0 | 0.24+0.1 | 0.160.0 | 0.17+0.0 | 0.150.0 | 0.14-0.6 | 0.72 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Fomento Mexicano's annual revenue?
Fomento Mexicano (FMX) reported $37.5B in total revenue for fiscal year 2024. This represents a -9.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Fomento Mexicano's revenue growing?
Fomento Mexicano (FMX) revenue declined by 9.9% year-over-year, from $41.6B to $37.5B in fiscal year 2024.
Is Fomento Mexicano profitable?
Yes, Fomento Mexicano (FMX) reported a net income of $1.9B in fiscal year 2024, with a net profit margin of 5.1%.
How much debt does Fomento Mexicano have?
As of fiscal year 2024, Fomento Mexicano (FMX) had $6.7B in cash and equivalents against $4.5B in long-term debt.
What is Fomento Mexicano's net profit margin?
Fomento Mexicano (FMX) had a net profit margin of 5.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Fomento Mexicano's return on equity (ROE)?
Fomento Mexicano (FMX) has a return on equity of 10.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What are Fomento Mexicano's total assets?
Fomento Mexicano (FMX) had $40.8B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Fomento Mexicano's capital expenditures?
Fomento Mexicano (FMX) invested $2.1B in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Fomento Mexicano's current ratio?
Fomento Mexicano (FMX) had a current ratio of 1.69 as of fiscal year 2024, which is generally considered healthy.
What is Fomento Mexicano's debt-to-equity ratio?
Fomento Mexicano (FMX) had a debt-to-equity ratio of 0.25 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Fomento Mexicano's return on assets (ROA)?
Fomento Mexicano (FMX) had a return on assets of 4.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Fomento Mexicano's Piotroski F-Score?
Fomento Mexicano (FMX) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
How financially healthy is Fomento Mexicano?
Fomento Mexicano (FMX) scores 44 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.