Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Balance Sheet: Assets & Liabilities

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Fomento Económico Mexicano, S.A.B. de C.V. reported total assets of MXN 795.88B and total liabilities of MXN 466.52B. Shareholders' equity was MXN 244.98B, down 17.7% from MXN 297.50B a year earlier. Total debt stood at MXN 147.67B against MXN 128.02B in cash and short-term investments, a net debt position of MXN 19.64B. That puts debt-to-equity at 0.60, compared with 0.50 a year earlier.

Fomento Económico Mexicano, S.A.B. de C.V. Balance Sheet Analysis

Values in billions MXN

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Fomento Económico Mexicano, S.A.B. de C.V. (FMX) - 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
Current Assets
Cash and Cash Equivalents	107.98	139.83	165.11	83.44	97.41	107.62	65.56	62.05	96.94
Short-Term Investments	20.04	43.21	26.73	0.05	24.42	0.66	12.37	30.92	2.16
Cash & Short-Term Investments	128.02	183.05	191.84	83.49	121.82	108.29	77.93	92.97	99.10
Accounts Receivable	43.51	38.46	38.86	40.11	31.38	45.39	29.63	28.16	32.32
Inventory	69.45	67.46	58.22	62.22	50.90	45.69	42.38	37.19	36.10
Other Current Assets	1.05	1.05	67.23	0.53	0.41	0.56	22.64	19.29	13.67
Total Current Assets	283.12	342.31	356.16	226.45	230.72	201.27	172.58	177.61	181.19
Non-Current Assets
Property, Plant & Equipment (Net)	290.68	277.22	229.47	218.95	172.60	167.85	167.40	108.84	116.98
Long-Term Investments	25.73	28.70	26.25	121.35	129.74	115.39	110.95	106.23	97.30
Goodwill	46.10	46.62	26.25	85.70	57.35	52.82	47.91	40.53	43.45
Intangible Assets	99.40	99.71	98.46	105.07	100.79	103.41	98.66	105.08	110.64
Other Non-Current Assets	2.16	2.70	50.76	4.31	3.23	22.06	19.53	21.56	23.13
Total Non-Current Assets	512.76	509.23	449.70	572.37	506.78	483.58	464.96	398.77	407.35
Total Assets	795.88	851.54	805.86	798.82	737.50	684.85	637.54	576.38	588.54
Current Liabilities
Accounts Payable	93.69	96.91	108.29	78.40	66.20	75.17	57.18	52.10	48.63
Short-Term Debt	20.67	6.72	2.45	18.34	4.64	4.33	23.59	13.67	104.05
Current Portion of Long-Term Debt	14.81	2.95	6.00	16.48	2.64	4.33	-	-	-
Accrued Liabilities	1.79	1.80	1.68	2.08	1.97	2.07	-	-	-
Other Current Liabilities	1.44	7.37	51.73	0.61	13.20	13.03	44.05	23.43	-58.86
Total Current Liabilities	210.01	202.93	182.38	176.92	136.72	118.41	136.53	101.46	105.02
Non-Current Liabilities
Long-Term Debt	126.99	141.48	128.37	173.40	185.95	179.86	149.04	114.99	117.76
Deferred Tax Liabilities	9.42	9.97	7.37	6.82	6.04	6.03	6.95	5.89	6.13
Other Non-Current Liabilities	5.84	5.53	32.90	5.26	2.36	14.56	19.27	18.50	22.72
Total Non-Current Liabilities	256.51	267.48	245.11	284.09	265.66	259.25	175.26	139.38	146.61
Total Liabilities	466.53	470.41	427.49	461.01	402.38	377.66	311.79	240.84	251.63
Stockholders' Equity
Common Stock	3.22	3.26	3.35	3.35	3.35	3.35	3.35	3.35	3.35
Retained Earnings	278.83	306.40	304.65	251.19	238.31	217.43	229.79	217.80	201.87
Accumulated Other Comprehensive Income	-19.65	-9.57	-21.74	-9.65	3.09	-0.84	0.04	9.05	18.27
Additional Paid-in Capital	-17.41	-2.59	17.60	17.71	17.86	0.89	0.96	26.85	113.43
Minority Interest	84.37	83.63	74.51	75.20	72.52	69.44	73.76	78.49	86.62
Shares Outstanding	3.43	3.58	3.58	3.58	3.58	-	-	-	-
Total Stockholders' Equity	244.98	297.50	378.37	262.60	262.60	307.19	251.99	257.05	250.29
Total Liabilities & Equity	795.88	851.54	805.86	798.82	737.50	34.37	33.76	628.12	588.54

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. Balance Sheet

How much debt does Fomento Económico Mexicano, S.A.B. de C.V. have?

Fomento Económico Mexicano, S.A.B. de C.V. had total debt of MXN 147.67B as of Dec 31, 2025, against MXN 128.02B in cash and short-term investments. Its debt-to-equity ratio was 0.60. Total debt was MXN 148.20B a year earlier.

What are Fomento Económico Mexicano, S.A.B. de C.V.'s total assets?

Fomento Económico Mexicano, S.A.B. de C.V. reported total assets of MXN 795.88B as of Dec 31, 2025, down 6.5% from MXN 851.54B a year earlier. Total liabilities were MXN 466.52B.

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

Fomento Económico Mexicano, S.A.B. de C.V.'s shareholders' equity was MXN 244.98B as of Dec 31, 2025, or about MXN 71.38 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition