A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 24, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FMX SEC filings page.
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) reported $46.7B in revenue for fiscal year 2025, up 24.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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).
Revenue recovered in FY2025, yet profitability weakened while leverage and shareholder distributions increased, making growth more balance-sheet intensive.
The FY2025 revenue rebound did not restore profit capture: net profit margin fell from5.2% in FY2024 to3.9% , leaving net income below FY2023 despite revenue exceeding that earlier year. This pattern indicates that the business expanded without converting the larger sales base into proportionate earnings.
Balance-sheet pressure rose alongside expansion: total liabilities increased from
Capital allocation became more demanding relative to reported earnings: FY2025 dividends of
Financial Health Signals
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. passes 2 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 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
None of these metrics is reported for Q3 2025.
Cash & Balance Sheet
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. held $6.7B in cash against $4.5B in long-term debt as of Q3 2025.
Not reported for Q3 2025.
Not reported for Q3 2025.
Margins & Returns
None of these metrics is reported for Q3 2025.
Capital Allocation
None of these metrics is reported for Q3 2025.
FMX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
FMX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-K | Q3'2410-K | Q3'2310-K | Q3'2210-K | Q3'2110-K | Q3'2010-K | Q1'2010-Q | Q3'1910-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $40.8B-14.4% | $47.7B+16.4% | $41.0B+14.0% | $36.0B+4.4% | $34.4B+1.8% | $33.8B+15.2% | $32.9B | $29.4B-2.0% |
| Current Assets | $16.4B-22.1% | $21.1B+81.4% | $11.6B+3.3% | $11.2B+11.2% | $10.1B+10.6% | $9.2B+1.2% | $9.2B | $9.0B-2.0% |
| Cash & Equivalents | $6.7B-15.3% | $7.9B+60.4% | $4.9B-1.2% | $5.0B-4.8% | $5.2B+59.2% | $3.3B+0.2% | $3.7B | $3.3B-33.4% |
| Inventory | $3.2B-6.1% | $3.4B+7.9% | $3.2B+28.7% | $2.5B+12.1% | $2.2B+1.8% | $2.2B+19.7% | $1.9B | $1.8B+2.4% |
| 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+4.8% | $7.7B | $7.4B-5.5% |
| Total Liabilities | $22.6B-10.8% | $25.3B+7.0% | $23.6B+20.5% | $19.6B+3.3% | $19.0B+14.8% | $16.5B+34.8% | $15.6B | $12.3B-4.3% |
| Current Liabilities | $9.7B-9.8% | $10.8B+18.9% | $9.1B+36.1% | $6.7B+12.0% | $6.0B-17.8% | $7.2B+40.1% | $6.6B | $5.2B-3.4% |
| Non-Current Liabilities | $12.8B-11.6% | $14.5B-0.5% | $14.6B+12.5% | $12.9B-0.6% | $13.0B+40.3% | $9.3B+30.9% | $9.0B | $7.1B-4.9% |
| 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 | $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% | $17.3B+1.1% | $17.3B | $17.1B-0.4% |
| Retained Earnings | $14.7B-18.5% | $18.0B+39.9% | $12.9B+10.9% | $11.6B+6.3% | $10.9B-10.3% | $12.2B+9.8% | $11.3B | $11.1B+7.9% |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
FMX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
FMX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. FMX | FY2025 | $46.7B | $1.8B | 3.9% | $40.4B | — |
| Constellation Brands, Inc. STZ | FY2026 | $9.1B | $1.7B | 18.5% | $20.2B | 49/100 |
| Anheuser-Busch InBev SA/NV BUD | FY2025 | $59.3B | $8.5B | 14.3% | $146.9B | 29/100 |
| Molson Coors Beverage Company TAP | FY2025 | $13.0B | -$2.1B | -16.4% | $6.9B | 32/100 |
Where FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. Ranks
Frequently Asked Questions
What is FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V.'s annual revenue?
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) reported $46.7B in total revenue for fiscal year 2025. This represents a 24.6% 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 ECONOMICO MEXICANO, S.A.B. DE C.V.'s revenue growing?
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) revenue grew by 24.6% year-over-year, from $37.5B to $46.7B in fiscal year 2025.
Is FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. profitable?
Yes, FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) reported a net income of $1.8B in fiscal year 2025, with a net profit margin of 3.9%.
How much debt does FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. have?
As of fiscal year 2025, FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) had $6.0B in cash and equivalents against $5.3B in long-term debt.
What is FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V.'s net profit margin?
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) had a net profit margin of 3.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V.'s return on equity (ROE)?
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) has a return on equity of 10.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What are FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V.'s total assets?
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) had $44.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V.'s capital expenditures?
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) invested $2.1B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V.'s current ratio?
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) had a current ratio of 1.35 as of fiscal year 2025, which is considered adequate.
What is FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V.'s debt-to-equity ratio?
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V.'s return on assets (ROA)?
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) had a return on assets of 4.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V.'s P/E ratio?
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) trades at 22.0x earnings, its market capitalization divided by net income of $1.8B net income, FY2025. The market capitalization is $40.4B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V.'s price-to-sales ratio?
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) trades at 0.9x sales, its market capitalization divided by revenue of $46.7B revenue, FY2025. The market capitalization is $40.4B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V.'s Piotroski F-Score?
FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V. (FMX) has a Piotroski F-Score of 2 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.