Fomento Tax Provision from 2010 to 2024

FMX Stock  USD 99.75  2.46  2.41%   
Fomento Economico Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 13.3 B in 2024. Tax Provision is the amount set aside by Fomento Economico Mexicano to cover any estimated taxes for the current period. It reflects Fomento Economico's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
3.3 B
Current Value
6.6 B
Quarterly Volatility
2.7 B
 
Covid
Check Fomento Economico financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fomento Economico's main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.7 B, Interest Expense of 18.1 B or Selling General Administrative of 33.9 B, as well as many indicators such as Price To Sales Ratio of 6.24, 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.
  
Check out the analysis of Fomento Economico Correlation against competitors.

Latest Fomento Economico's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Fomento Economico Mexicano over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Fomento Economico's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fomento Economico's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Fomento Tax Provision Regression Statistics

Arithmetic Mean10,800,626,381
Geometric Mean10,321,922,131
Coefficient Of Variation33.21
Mean Deviation2,889,101,841
Median10,169,000,000
Standard Deviation3,586,674,940
Sample Variance12864237.1T
Range11.8B
R-Value0.85
Mean Square Error3950671.8T
R-Squared0.71
Significance0.000072
Slope678,076,550
Total Sum of Squares180099319.7T

Fomento Tax Provision History

202413.3 B
202319.7 B
202213.5 B
202114.3 B
202014.8 B
201910.5 B
201810.2 B

About Fomento Economico Financial Statements

Fomento Economico investors use historical fundamental indicators, such as Fomento Economico's Tax Provision, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Fomento Economico. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision19.7 B13.3 B

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Additional Tools for Fomento Stock Analysis

When running Fomento Economico's price analysis, check to measure Fomento Economico's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fomento Economico is operating at the current time. Most of Fomento Economico's value examination focuses on studying past and present price action to predict the probability of Fomento Economico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomento Economico's price. Additionally, you may evaluate how the addition of Fomento Economico to your portfolios can decrease your overall portfolio volatility.