Fomento Financial Statements From 2010 to 2024

FMX Stock  USD 118.94  0.58  0.49%   
Fomento Economico financial statements provide useful quarterly and yearly information to potential Fomento Economico Mexicano investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Fomento Economico financial statements helps investors assess Fomento Economico's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Fomento Economico's valuation are summarized below:
Gross Profit
251.7 B
Profit Margin
0.0935
Market Capitalization
213.8 B
Enterprise Value Revenue
0.3176
Revenue
702.7 B
We have found one hundred twenty available fundamental signals for Fomento Economico Mexicano, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to verify all of Fomento Economico Mexicano prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. Market Cap is likely to rise to about 8.3 T in 2024. Enterprise Value is likely to rise to about 8.4 T in 2024

Fomento Economico Total Revenue

737.83 Billion

Check Fomento Economico financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fomento main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.7 B, Interest Expense of 16 B or Selling General Administrative of 235.9 B, as well as many exotic indicators such as Price To Sales Ratio of 6.23, Dividend Yield of 0.0023 or PTB Ratio of 27.34. Fomento financial statements analysis is a perfect complement when working with Fomento Economico Valuation or Volatility modules.
  
This module can also supplement Fomento Economico's financial leverage analysis and stock options assessment as well as various Fomento Economico Technical models . Check out the analysis of Fomento Economico Correlation against competitors.

Fomento Economico Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding18.5 B20.6 B17.6 B
Slightly volatile
Total Assets846.1 B805.8 B531 B
Slightly volatile
Short and Long Term Debt Total244.5 B232.9 B142.8 B
Slightly volatile
Other Current Liabilities170.8 B162.6 B59.3 B
Slightly volatile
Total Current Liabilities195.6 B186.3 B100 B
Slightly volatile
Total Stockholder Equity398.1 B379.1 B226.7 B
Slightly volatile
Property Plant And Equipment Net238.6 B227.3 B125.9 B
Slightly volatile
Net Debt39.1 B67.8 B52.7 B
Slightly volatile
Retained Earnings319.9 B304.7 B187 B
Slightly volatile
Accounts Payable85.6 B81.5 B55.5 B
Slightly volatile
Cash173.4 B165.1 B58.6 B
Slightly volatile
Non Current Assets Total246.6 B449.6 B354.7 B
Slightly volatile
Non Currrent Assets Other205.8 B196 B51.1 B
Slightly volatile
Cash And Short Term Investments201.4 B191.8 B78.7 B
Slightly volatile
Net Receivables40.8 B38.9 B28.7 B
Slightly volatile
Good Will24.4 B45.5 B35.6 B
Slightly volatile
Liabilities And Stockholders Equity846.1 B805.8 B500.2 B
Slightly volatile
Non Current Liabilities Total252.4 B240.4 B154.2 B
Slightly volatile
Inventory61.1 B58.2 B34.2 B
Slightly volatile
Other Current Assets70.7 B67.3 B14.2 B
Slightly volatile
Total Liabilities448 B426.7 B268.6 B
Slightly volatile
Property Plant And Equipment Gross263.2 B250.7 B129.1 B
Slightly volatile
Total Current Assets374 B356.2 B161.2 B
Slightly volatile
Short Term Debt24.8 B23.6 B10.4 B
Slightly volatile
Other Liabilities35.6 B33.9 B18.7 B
Slightly volatile
Other Assets63.9 B60.8 B28.4 B
Slightly volatile
Long Term Debt209.4 B199.4 B100.3 B
Slightly volatile
Intangible Assets72.6 B120.8 B85.9 B
Slightly volatile
Common Stock2.4 BB2.9 B
Slightly volatile
Property Plant Equipment263.2 B250.7 B111 B
Slightly volatile
Common Stock Total Equity2.8 BB3.3 B
Slightly volatile
Short Term Investments28.1 B26.7 B8.6 B
Slightly volatile
Net Tangible Assets83.4 B81.7 B72.7 B
Slightly volatile
Long Term Investments92.9 B119.2 B90.1 B
Pretty Stable
Short and Long Term Debt12.6 B14.7 B27.7 B
Slightly volatile
Long Term Debt Total162.8 B292.8 B120.7 B
Slightly volatile
Capital Surpluse21.8 B20.4 B15.2 B
Slightly volatile
Cash And Equivalents44.8 B50.4 B35.6 B
Slightly volatile
Net Invested Capital191.3 B168.6 B297.7 B
Slightly volatile
Net Working Capital55.7 B47.3 B70.3 B
Slightly volatile
Capital Stock2.7 BB3.3 B
Slightly volatile

Fomento Economico Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization35.7 B34 B18.5 B
Slightly volatile
Interest Expense16 B15.3 B10 B
Slightly volatile
Selling General Administrative235.9 B224.7 B44.5 B
Slightly volatile
Selling And Marketing Expenses190 B180.9 B104.1 B
Slightly volatile
Total Revenue737.8 B702.7 B419.7 B
Slightly volatile
Gross Profit291.3 B277.4 B163.1 B
Slightly volatile
Other Operating Expenses677.5 B645.2 B380.1 B
Slightly volatile
Operating Income60.3 B57.5 B31.7 B
Slightly volatile
EBIT60.3 B57.5 B33.5 B
Slightly volatile
EBITDA96.1 B91.5 B52 B
Slightly volatile
Cost Of Revenue446.5 B425.3 B256.6 B
Slightly volatile
Total Operating Expenses231 B220 B123.6 B
Slightly volatile
Income Before Tax60.7 B57.8 B32.4 B
Slightly volatile
Net Income69 B65.7 B25.3 B
Slightly volatile
Income Tax Expense6.8 B13 B9.3 B
Slightly volatile
Net Income From Continuing Ops27.5 B51.8 B24.6 B
Slightly volatile
Tax Provision13.3 B19.7 B10.8 B
Slightly volatile
Interest Income7.3 B14.1 B6.9 B
Pretty Stable
Discontinued Operations1.2 B1.6 B875.3 M
Slightly volatile
Reconciled Depreciation27 B35.1 B22.2 B
Slightly volatile

Fomento Economico Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow18.8 B19.7 B26.4 B
Slightly volatile
Begin Period Cash Flow88.8 B84.5 B55.3 B
Slightly volatile
Depreciation35.7 B34 B18.5 B
Slightly volatile
Total Cash From Operating Activities30.6 B60.1 B43.1 B
Slightly volatile
Net Income21.9 B33.5 B32.2 B
Slightly volatile
End Period Cash Flow173.7 B165.4 B70.1 B
Slightly volatile
Stock Based Compensation798.9 M995.9 M679.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.2311.259712.8374
Slightly volatile
Dividend Yield0.00230.00240.0024
Very volatile
PTB Ratio27.3426.038719.1999
Slightly volatile
Days Sales Outstanding26.6539.528723.9536
Slightly volatile
Book Value Per Share59.3584.919275.4634
Slightly volatile
Free Cash Flow Yield0.00240.00250.0091
Slightly volatile
Invested Capital0.380.49060.4728
Slightly volatile
Operating Cash Flow Per Share11.8316.801112.6247
Slightly volatile
Stock Based Compensation To Revenue0.0010.00120.0012
Very volatile
PB Ratio27.3426.038719.1999
Slightly volatile
EV To Sales6.5711.355813.0131
Slightly volatile
Free Cash Flow Per Share10.425.50868.0742
Slightly volatile
ROIC0.09380.09840.0626
Slightly volatile
Inventory Turnover5.667.08147.4839
Slightly volatile
Net Income Per Share19.2818.3587.1251
Slightly volatile
Days Of Inventory On Hand58.551.543649.221
Slightly volatile
Payables Turnover4.965.21677.0735
Slightly volatile
Sales General And Administrative To Revenue0.06490.05890.0475
Very volatile
Cash Per Share56.2753.593622.3681
Slightly volatile
POCF Ratio138132120
Very volatile
Interest Coverage5.363.76564.5017
Slightly volatile
Payout Ratio0.380.28620.7317
Pretty Stable
PFCF Ratio421401224
Slightly volatile
Days Payables Outstanding46.3869.968370.7487
Slightly volatile
Income Quality1.841.79721.5053
Pretty Stable
ROE0.230.21620.0942
Slightly volatile
EV To Operating Cash Flow139133121
Very volatile
PE Ratio137120305
Very volatile
Return On Tangible Assets0.07430.08640.0586
Pretty Stable
EV To Free Cash Flow425405226
Slightly volatile
Earnings Yield0.00790.00830.0048
Very volatile
Intangibles To Total Assets0.05370.05650.2103
Slightly volatile
Current Ratio1.121.95281.4812
Pretty Stable
Tangible Book Value Per Share97.6793.020148.5109
Slightly volatile
Receivables Turnover12.469.233815.7592
Slightly volatile
Graham Number197187109
Slightly volatile
Shareholders Equity Per Share59.3584.919275.4634
Slightly volatile
Debt To Equity0.380.49060.4728
Slightly volatile
Revenue Per Share206196122
Slightly volatile
Interest Debt Per Share32.4845.922841.0236
Slightly volatile
Debt To Assets0.280.1850.2469
Slightly volatile
Enterprise Value Over EBITDA47.5987.2211101
Very volatile
Short Term Coverage Ratios3.382.90615.3223
Pretty Stable
Price Earnings Ratio137120305
Very volatile
Operating Cycle85.1691.072373.1753
Slightly volatile
Price Book Value Ratio27.3426.038719.1999
Slightly volatile
Days Of Payables Outstanding46.3869.968370.7487
Slightly volatile
Dividend Payout Ratio0.380.28620.7317
Pretty Stable
Price To Operating Cash Flows Ratio138132120
Very volatile
Price To Free Cash Flows Ratio421401224
Slightly volatile
Pretax Profit Margin0.110.08230.0821
Pretty Stable
Ebt Per Ebit0.781.0061.0719
Slightly volatile
Operating Profit Margin0.120.08180.0857
Slightly volatile
Effective Tax Rate0.260.22430.3293
Very volatile
Company Equity Multiplier1.52.65211.8714
Slightly volatile
Long Term Debt To Capitalization0.220.2970.2802
Slightly volatile
Total Debt To Capitalization0.250.32910.3074
Slightly volatile
Return On Capital Employed0.130.09220.083
Slightly volatile
Debt Equity Ratio0.380.49060.4728
Slightly volatile
Ebit Per Revenue0.120.08180.0857
Slightly volatile
Quick Ratio1.541.46871.0232
Slightly volatile
Net Income Per E B T1.191.13620.6877
Slightly volatile
Cash Ratio0.950.9070.6595
Slightly volatile
Operating Cash Flow Sales Ratio0.140.08560.1134
Very volatile
Days Of Inventory Outstanding58.551.543649.221
Slightly volatile
Days Of Sales Outstanding26.6539.528723.9536
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.480.32790.6026
Slightly volatile
Cash Flow Coverage Ratios0.550.40330.43
Slightly volatile
Price To Book Ratio27.3426.038719.1999
Slightly volatile
Fixed Asset Turnover2.183.04323.2126
Pretty Stable
Price Cash Flow Ratio138132120
Very volatile
Enterprise Value Multiple47.5987.2211101
Very volatile
Debt Ratio0.280.1850.2469
Slightly volatile
Cash Flow To Debt Ratio0.550.40330.43
Slightly volatile
Price Sales Ratio6.2311.259712.8374
Slightly volatile
Return On Assets0.05750.08150.0458
Very volatile
Asset Turnover0.910.8720.789
Pretty Stable
Net Profit Margin0.04910.09350.0539
Very volatile
Gross Profit Margin0.470.39480.3995
Pretty Stable
Price Fair Value27.3426.038719.1999
Slightly volatile
Return On Equity0.230.21620.0942
Slightly volatile

Fomento Economico Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap8.3 T7.9 T5.4 T
Slightly volatile
Enterprise Value8.4 TT5.5 T
Slightly volatile

Fomento Fundamental Market Drivers

Forward Price Earnings6.9348
Cash And Short Term Investments191.8 B

Fomento Upcoming Events

23rd of February 2024
Upcoming Quarterly Report
View
26th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
23rd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Fomento Economico Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Fomento Economico income statement, its balance sheet, and the statement of cash flows. Fomento Economico investors use historical funamental indicators, such as Fomento Economico's revenue or net income, to determine how well the company is positioned to perform in the future. Although Fomento Economico investors may use each financial statement separately, they are all related. The changes in Fomento Economico's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fomento Economico's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Fomento Economico Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Fomento Economico. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue8.7 B9.1 B
Total Revenue702.7 B737.8 B
Cost Of Revenue425.3 B446.5 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.06  0.06 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.06)(0.06)
Revenue Per Share 196.38  206.20 
Ebit Per Revenue 0.08  0.12 

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When determining whether Fomento Economico offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fomento Economico's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fomento Economico Mexicano Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fomento Economico Mexicano Stock:
Check out the analysis of Fomento Economico Correlation against competitors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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Is Fomento Economico's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fomento Economico. If investors know Fomento will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fomento Economico listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.56)
Dividend Share
4.397
Earnings Share
1.15
Revenue Per Share
K
Quarterly Revenue Growth
0.124
The market value of Fomento Economico is measured differently than its book value, which is the value of Fomento that is recorded on the company's balance sheet. Investors also form their own opinion of Fomento Economico's value that differs from its market value or its book value, called intrinsic value, which is Fomento Economico's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fomento Economico's market value can be influenced by many factors that don't directly affect Fomento Economico's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fomento Economico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fomento Economico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fomento Economico's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.