Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Financial Statements & Analysis

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Income Statement

Fomento Económico Mexicano, S.A.B. de C.V. reported revenue of MXN 840.95B in fiscal 2025 (fiscal year ended Dec 31, 2025), up 7.6% from MXN 781.59B a year earlier. Net income was MXN 19.43B, down 27.3% year over year, a net margin of 2.3%. Gross margin was 40.6% and operating margin 8.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was MXN 231.00B, up 9.3% from the same quarter a year earlier.

Fomento Económico Mexicano, S.A.B. de C.V. Income Statement Analysis

Values in billions MXN

Income Statement Balance Sheet Cash Flow Ratios

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Fomento Económico Mexicano, S.A.B. de C.V. income statement - Annual data in billions MXN
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	840.95	781.59	702.69	597.01	505.46	492.97	506.71	469.74	439.93
Cost of Revenue	499.38	460.07	423.19	355.49	299.28	303.31	315.23	294.57	277.84
Gross Profit	341.58	321.51	279.51	241.52	206.18	189.65	191.48	175.17	162.09
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	268.70	251.09	221.63	177.78	152.47	146.85	142.18	132.26	121.42
Operating Expenses	269.42	251.11	227.29	177.78	152.47	146.85	142.18	132.26	121.42
Operating Income	72.16	70.41	52.22	63.74	53.72	42.80	49.30	42.91	40.67
Other Income/Expense
Interest Income	7.66	11.91	16.56	4.18	1.78	2.10	3.17	2.91	1.54
Interest Expense	18.42	17.58	-15.40	14.47	14.95	15.86	11.21	10.09	11.64
Other Income/Expense	-8.56	1.81	25.30	-17.15	-10.74	-24.23	-10.77	-3.03	3.02
Income
Income Before Tax	52.84	66.55	57.41	46.60	42.98	18.58	38.52	39.88	43.69
Income Tax Expense	19.86	25.43	12.97	13.28	13.57	14.82	10.48	10.17	10.21
Net Income	19.43	26.74	65.69	23.91	28.50	-1.93	20.70	23.99	42.41
Net Income - Continuous Operations	31.48	40.12	65.69	23.91	28.50	-1.93	20.70	23.99	42.41
Net Income - Discontinued Operations	1.57	0.12	32.24	1.42	8.26	-	-	-	-
EBITDA	115.39	123.43	86.95	91.95	69.95	54.70	65.39	58.29	52.68
EBIT	71.25	84.12	54.45	62.74	52.39	36.82	-	-	-
Depreciation & Amortization	44.14	39.31	17.73	29.22	17.55	17.88	17.92	17.24	14.68
Earnings Per Share
Basic EPS	50.00	112.00	18.00	69.00	57.00	-5.00	58.00	64.00	114.00
Diluted EPS	50.00	112.00	17.00	69.00	57.00	-5.00	58.00	64.00	114.00
Basic Shares Outstanding	0.33	0.36	3.58	0.35	0.35	0.35	0.35	0.35	0.35
Diluted Shares Outstanding	0.33	0.36	3.58	0.35	0.35	0.35	0.35	0.35	0.35

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Fomento Económico Mexicano, S.A.B. de C.V. Financial Statements

What was Fomento Económico Mexicano, S.A.B. de C.V.'s revenue in fiscal 2025?

Fomento Económico Mexicano, S.A.B. de C.V. reported revenue of MXN 840.95B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 7.6% from MXN 781.59B a year earlier.

Is Fomento Económico Mexicano, S.A.B. de C.V. profitable?

Yes. Fomento Económico Mexicano, S.A.B. de C.V. earned net income of MXN 19.43B in fiscal 2025, a net margin of 2.3%. In fiscal 2024 it earned MXN 26.73B.

What is Fomento Económico Mexicano, S.A.B. de C.V.'s operating margin?

Fomento Económico Mexicano, S.A.B. de C.V.'s operating income was MXN 72.16B on revenue of MXN 840.95B in fiscal 2025, an operating margin of 8.6%, compared with 9.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition