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FMX US​

Mexican Economic Development Inc Sponsored ADR(FMX US)

$128.52-0.510.40%Ext:$104.54-23.9818.66%(Market Closed · 00:00:02 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Mexican Economic Development Inc Sponsored ADR — Company Profile

Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) is a diverse multinational enterprise. Its operations include acting as a key bottler, marketer, and distributor of Coca-Cola trademark beverages across a wide territory encompassing Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. Furthermore, FEMSA is a significant player in the retail sector, managing 20,431 OXXO convenience stores in Mexico, Colombia, Peru, Chile, and Brazil as of December 31, 2021. The company also operates 567 OXXO GAS service stations in Mexico, which supply fuels, motor oils, lubricants, and car care items. Its pharmaceutical retail division comprises 3,652 drugstores operating under names such as Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon in Chile, Colombia, Ecuador, and Mexico. In addition to these core activities, FEMSA is involved in the manufacturing of chillers, commercial refrigeration equipment, plastic containers, and specialized food processing and weighing machinery. It also offers comprehensive logistic transportation, distribution, and maintenance services, point-of-sale refrigeration solutions, plastic solutions, and runs a distribution platform for cleaning products and various consumables. Established in 1890, the company is headquartered in Monterrey, Mexico.

Sector
Consumer Staples
Industry
Beverages
Exchange
UN
CEO
Jose Antonio Fernandez Garza-Laguera
Headquarters
Monterrey, O5, MX
IPO Date
May 11, 1998
Employees
368,776
Website
www.femsa.com

Key Metrics

Price
$116.50
Market Cap
$39.69B
Revenue (TTM)
$11.83B
Net Income (TTM)
$844.31M
EPS (TTM)
0.14
P/E (TTM)
9.56
P/B (TTM)
3.36
Dividend Yield
6.93%
ROE (TTM)
7.15%
ROA (TTM)
1.90%
Operating Margin
6.96%
Beta
0.36

Dividends

Last Dividend
$1.84
Last Yield
0.07%

Summary

Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) is a diverse multinational enterprise. Its operations include acting as a key bottler, marketer, and distributor of Coca-Cola trademark beverages across a wide territory encompassing Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. Furthermore, FEMSA is a significant player in the retail sector, managing 20,431 OXXO convenience stores in Mexico, Colombia, Peru, Chile, and Brazil as of December 31, 2021. The company also operates 567 OXXO GAS service stations in Mexico, which supply fuels, motor oils, lubricants, and car care items. Its pharmaceutical retail division comprises 3,652 drugstores operating under names such as Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon in Chile, Colombia, Ecuador, and Mexico. In addition to these core activities, FEMSA is involved in the manufacturing of chillers, commercial refrigeration equipment, plastic containers, and specialized food processing and weighing machinery. It also offers comprehensive logistic transportation, distribution, and maintenance services, point-of-sale refrigeration solutions, plastic solutions, and runs a distribution platform for cleaning products and various consumables. Established in 1890, the company is headquartered in Monterrey, Mexico.

Website
www.femsa.com
Location
Monterrey, O5, MX
Phone52 818 328 6000
Employees368,776
CEOJose Antonio Fernandez Garza-Laguera
Sector
Consumer Staples
Industry
Beverages
IPO DateMay 11, 1998

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Latest Documents

SEC Filings(550)

Expand
  • 6-KCurrent report (foreign private issuer)23 Sep
  • 6-KCurrent report (foreign private issuer)14 Sep
  • 4KAHN MICHAEL DAVID12 Aug
  • 3/AInitial statement of beneficial ownership (amendment)11 Aug
  • SC 13GMEXICAN ECONOMIC DEVELOPMENT INC30 Jul
  • 6-KCurrent report (foreign private issuer)28 Jul
  • 3Initial statement of beneficial ownership2 Jul
  • 4Statement of changes in beneficial ownership15 Jun
  • 6-KCurrent report (foreign private issuer)8 Jun
  • 6-KCurrent report (foreign private issuer)28 May
  • 6-KCurrent report (foreign private issuer)30 Apr
  • 6-KCurrent report (foreign private issuer)24 Apr
  • 20-FFY 2025ended 31 Dec 202524 Apr
  • 4Statement of changes in beneficial ownership10 Apr
  • SC 13D/AMEXICAN ECONOMIC DEVELOPMENT INC2 Apr
  • 3Initial statement of beneficial ownership31 Mar
  • 3Initial statement of beneficial ownership30 Mar
  • 6-KCurrent report (foreign private issuer)27 Mar
  • 6-KCurrent report (foreign private issuer)27 Mar
  • 4Statement of changes in beneficial ownership25 Mar

News

  • 59,779 Fomento Economico Mexicano S.A.B. de C.V. $FMX Shares Sold by Perpetual Ltd14 Oct
  • Head-To-Head Analysis: Anheuser-Busch InBev SA/NV (NYSE:BUD) & Fomento Economico Mexicano (NYSE:FMX)11 Oct
  • FEMSA Schedules Conference Call to Discuss Third Quarter Financial Results1 Oct
  • FEMSA Announces Successful Issuance in the Swiss Bond Market23 Sep
  • FEMSA Announces Accelerated Share Repurchase Agreement14 Sep
  • Analyzing Fomento Economico Mexicano (NYSE:FMX) and China Fruits (OTCMKTS:CHFR)24 Aug
  • Will FEMSA's Digital Push Through SPIN Unlock More Growth?21 Aug
  • Insider Buy Alert: FMX Director Invests in 2,100 Shares20 Aug
  • FMX to Host Investor Day on October 13, 202620 Aug
  • Bank of America Corp DE Reduces Stock Position in Fomento Economico Mexicano S.A.B. de C.V. $FMX13 Aug
  • First Eagle Investment Buys Becton Dickinson & Co (BDX) -- Shares Look 6% Undervalued on GF Value11 Aug
  • Zacks Industry Outlook The Coca-Cola, Monster, Fomento, Primo and The Vita Coco7 Aug
  • 5 Soft Drink Stocks Poised for Growth Amid Health-Focused Innovation6 Aug
  • Can FEMSA's Q2 Momentum Offset Margin Pressure Across Its Portfolio?5 Aug
  • Is FEMSA Stock Worth Buying Now as Growth Meets a Premium Valuation?5 Aug
  • Here Are Tuesday’s Top Wall Street Analyst Research Calls: Apple, CoreWeave, eBay, Exxon Mobil, Intuit, Nebius Group, Palantir Technologies, SK hynix, and More4 Aug
  • FMX Q2 Earnings Call Highlights OXXO Strategy Shift29 Jul
  • Should Value Investors Buy Fomento Economico Mexicano (FMX) Stock?29 Jul
  • Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q2 2026 Earnings Call Transcript28 Jul
  • Fomento Economico Mexicano Q2 Earnings Call Highlights28 Jul

Key Stats

Trading

Px/Chg 1D$116.50 / +0.71%
Avg Volume459.54K
Beta0.36
Mkt Cap39.69B
FD Mkt Cap40.92B

Float

Shrs Out/Float340.68M / 293.54M
Short Float0.01%
Days to Cover3.62
Stock Repurchased$305.81M

Current Valuation

EV52.62B
EV/EBITDA1.76
EV/Sales0.21
P/B3.36
P/S0.16
FCF Yield2.12%
ROE7.15%
ROA1.90%
Current Ratio1.16

Dividend

Cash$1.84
Yield6.93%
Yield (TTM)6.93%

Estimates

P/E9.56
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings25.631.400.701.3077.7647.01
Price / Sales1.310.060.070.043.013.35
Price / Book Value1.280.130.150.122.673.36
Price / Free Cash Flow16.650.833.961.2130.0647.16
ENTERPRISE VALUE METRICS
Enterprise Value166,986.3310,206.9188,062.4234,839.549,199.652,623.2
Enterprise Value / Sales1.930.520.270.304.094.45
Enterprise Value / EBITDA12.853.372.612.6822.9332.68
Enterprise Value / EBIT22.664.943.453.6537.3863.88

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-44.9%505,460.0597,008.0702,692.0781,585.046,647.7
Gross Income-44.9%206,184.0241,518.0279,507.0321,513.018,947.2
EBITDA-45%69,946.091,950.072,180.087,504.06,400.7
EBIT-47.6%52,392.062,735.054,450.064,386.03,952.4
Net Income-55.9%28,495.023,909.065,689.026,735.01,077.8
EPS (Diluted)-52.4%56.5069.20187.003.602.90
BALANCE SHEET
Cash & ST Inv-50.9%121,822.083,490.0191,840.0183,046.07,101.4
Total Assets-50.5%737,500.0798,815.0805,856.0851,536.044,147.3
Total Liabilities-49.6%402,383.0461,014.0427,487.0470,405.025,878.1
Total Shareholder Equity-52.3%262,601.0262,604.0303,860.0297,502.013,589.2
CASH FLOW
Net Operating Cash Flow-51.8%73,090.072,576.049,679.072,487.03,942.8
Cap Ex-41.8%-20,299.0-32,440.0-38,120.0-43,682.0-2,332.3
Free Cash Flow-58.2%52,791.040,136.011,559.028,805.01,610.5

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)128.72
Basic Shares340.68
Market Cap43,852.5
Diluted Shares335.05
Fully Diluted Shares Outstanding335.05
Fully Diluted Market Cap43,128.0
+Consolidated Debt14,415.6
−In-the-Money Convertible Debt—
+Capital Leases6,312.0
+Operating Leases—
−Cash & Equivalents-5,978.9
−Short-term Investments-429.1
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest4,497.1
+Pension Liabilities—
Enterprise Value56,786.3

Segment data

Revenue

by Products and services

  • Other Revenue85%
  • Interest Revenue15%

Revenue

by Geography

  • South America100%

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