FMX

Fomento Economico Mexicano SAB DE CV
D

FMX

Arincen44/100B

If you had invested in Fomento Economico Mexicano SAB DE CV ago, it would be worth $2,197 today, against $4,111 in SPY and $6,388 in QQQ.

ArincenArincen ScoreBeta

44/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation5

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth7.5

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders2

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Fomento Economico Mexicano SAB DE CV key facts

Style
Dividend stock · 9.2/10Growth 4.2 · Value 6.5 · Dividend 9.2
Day range
131.330 – 133.930
52-week range
92.550 – 141.470
Market capitalization
45.15B USD
P/E
23.62
PEG ratio
0.71
EPS
5.61
Div Yield
5.23%
EPS growth forecast (FY2026)
+150.4%
Volume
900
Beta
0.18
ESG score
61.2/100Environment 66 · Social 53 · Governance 65
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
CEO
Jose Antonio Fernandez Garza-Laguera
Employees
369K
Website
femsa.com
IPO date
11 May 1998

Fomento Economico Mexicano SAB DE CV earnings

Next earnings · Q4 FY2026
EPS estimate
1.93 USD
Revenue estimate
13.07B USD
Last quarter · Q3 FY2026
EPS1.10Missed -6.8%Revenue13.03BBeat +1.5%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q4 FY20261.93——+109.78%13.07B——+7.09%
Q3 FY20261.181.10-6.78%+188.11%12.84B13.03B+1.45%+11.26%
Q2 FY20260.060.93+1,405.10%+121.43%12.94B13.20B+2.02%+17.12%
Q1 FY20260.650.92+41.54%+104.44%11.43B11.71B+2.49%+21.21%
Q4 FY20251.500.92-38.67%-1.60%12.21B12.21B-0.04%+22.19%
Q3 FY20251.060.38-63.98%-72.13%11.60B11.71B+0.89%+17.24%
Q2 FY20250.910.42-53.85%-78.13%11.28B11.27B-0.07%-7.07%

Fomento Economico Mexicano SAB DE CV analyst forecast

12-month price target
138.00 USD
+4.14%

Analysts' 1-year price targets range from 130.00 to 150.00, with an average of 138.00.

Past year
1-year forecast
Strong sellStrong buy
Buy
5 ratings
Buy
3
Hold
2
Sell
0

12-month price target

Highest target150.00
Average target138.00
Lowest target130.00
Current price132.52

Fomento Economico Mexicano SAB DE CV valuation

Price to earnings ratio (TTM)
23.62
Forward P/E (FY2026)
24.37
Price to sales (TTM)
0.89
Price to book
3.63
EV / EBITDA (TTM)
7.59

Capital structure

Market capitalization
45.15B USD
+
Total debt
13.94B USD
−
Cash and short-term investments
6.43B USD
=
Enterprise value
52.66B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2027 (est.)25.80————
FY2026 (est.)24.3725.80———
Now (TTM)23.6225.600.893.637.59
FY202534.8518.580.732.4928.60
FY202423.7522.680.792.0829.78
FY202323.2327.341.112.5645.48
FY202221.977.470.892.0331.33
FY202128.208.231.112.1337.40

Fomento Economico Mexicano SAB DE CV against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Keurig Dr Pepper, Monster Beverage, Coca-Cola Consolidated, PepsiCo, Primo Brands, and Celsius Holdings, the US Beverages - Non-Alcoholic companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median23.6
    0.551.3
  • Gross marginAt its median40.6%
    39.8%41.1%
    Against its peers: 5 of 7Peers' median 52.3%
  • Operating marginBelow its median8.6%
    8.2%10.7%
    Against its peers: 6 of 7Peers' median 12.7%
  • Net marginLowest in 5 years2.3%
    2.3%9.3%
    Against its peers: 6 of 7Peers' median 8.3%
  • Return on equityLowest in 5 years7.9%
    7.9%21.6%
    Against its peers: 4 of 6Peers' median 8.1%
  • Free cash flow marginBelow its median3.5%
    1.6%10.4%
    Against its peers: 7 of 7Peers' median 8.9%
  • Revenue growthHighest in 5 years24.4%
    -94.7%24.4%
    Against its peers: 3 of 7Peers' median 9.4%
  • EPS growthBelow its median-19.4%
    -98.1%170.2%
    Against its peers: 5 of 6Peers' median -2.6%
  • Debt to EBITDALowest in 5 years2.26×
    2.26×3.15×
    Against its peers: 2 of 7Peers' median 3.25×
  • Current ratioBelow its median1.35
    1.281.95
    Against its peers: 3 of 7Peers' median 1.11

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Fomento Economico Mexicano SAB DE CV growth and profitability

Revenue (TTM)
50.70B USD
Net income (TTM)
2.01B USD
Gross margin
40.47%
Operating margin
8.64%
Net margin
3.97%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202546.65B+24.44%1.08B-15.94%40.62%8.58%2.31%6.32B+20.16%
FY202437.49B-94.67%1.28B-98.05%41.14%8.94%3.42%5.26B-94.05%
FY2023702.69B+17.70%65.69B+174.75%39.78%8.24%9.35%88.47B-5.14%
FY2022597.01B+18.11%23.91B-16.09%40.45%10.68%4.00%93.26B+16.03%
FY2021505.46B+2.53%28.50B—40.79%10.63%5.64%80.38B+23.92%

Fomento Economico Mexicano SAB DE CV revenue breakdown

By product

FY2025
Other Revenue: 84.6%Interest Revenue: 15.4%84.6%Other Revenue15.4%Interest Revenue
SegmentRevenueShare of revenueChange on the year
Other Revenue2.00B84.6%+631.1%
Interest Revenue362.00M15.4%-86.7%

By region

FY2025
100.0%South America
RegionRevenueShare of revenueChange on the year
South America11.01B100.0%+0.2%

How Fomento Economico Mexicano SAB DE CV makes its money

Revenue46.65B 100.0%
Cost of revenue27.70B 59.4%
Gross profit18.95B 40.6%
Selling and administration14.90B 32.0%
Other operating expenses40.22M 0.1%
Operating income4.00B 8.6%
Tax1.10B 2.4%
Other expense1.82B 3.9%
Net income1.08B 2.3%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Fomento Economico Mexicano SAB DE CV dividends

Annual dividend
6.93 USD
Dividend yield (indicated)
5.23%
Payout ratio
63.39%
Frequency
Quarterly
Last payment
1.73 USD
Last ex-dividend date
14 Oct 2026
Last payment date
26 Oct 2026

Dividends per share

Year2023202220212020201920182017201620152013
Dividends per share2.081.701.141.421.531.491.361.401.413.14

Fomento Economico Mexicano SAB DE CV financial health

Cash and short-term investments
6.43B USD
Total debt
13.94B USD
Net cash
-7.51B USD
Free cash flow (TTM)
3.51B USD
Current ratio
1.15
Debt to equity
1.12
Piotroski score
6 / 9
Altman Z-score
19.59

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20257.10B14.29B1.61B
FY20248.78B12.29B1.38B
FY2023191.84B232.90B11.56B
FY202283.49B285.06B40.14B
FY2021121.82B252.94B52.79B

Fomento Economico Mexicano SAB DE CV ownership

Institutions
19.33%
Institutional holders
352 (+35)
Free float
86.16%

Who owns the shares

Institutions 19.3% Others 80.7%
As of 30 Jun 2026

Shares free to trade

Free float 293.54M shares ·86.2% Closely held 47.15M shares ·13.8%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q3 2026102.10K0.00
Q2 2026010.007.48K
Q1 2026080.00418.52K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025335.05M335.05M-3.44%
FY2024347.00M347.00M-1.23%
FY2023351.34M351.34M0.00%
FY2022351.34M351.34M0.00%
FY2021351.34M351.34M0.00%

Source: Financial Modeling Prep

Related Instruments

Title: Fomento Economico Mexicano SAB DE CV

Sector: Consumer Defensive
Industry: Beverages - Non-Alcoholic
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns a controlling stake in the bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-ownedretail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up over 70% of total company revenue and over 90% of profits in 2025.

Common questions about Fomento Economico Mexicano SAB DE CV stock