FIBRA Macquarie Mexico

FIBRA Macquarie Mexico

45.15
MXN
-0.88
(-1.91%)
-0.89EPS
35.51BMarket Cap
Oct 22Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.87
3.17
3.23
3.97
4.13
4.34
4.54
5.04
4.82
5.11
5.13
5.78
6.41
6.22
Basic EPS, GAAP
1.79
4.72
4.6
5.84
2.17
2.36
0.67
2.01
9.77
3.57
4.98
15.09
-3.02
-0.88
Free Cash Flow per Basic Share
5.1
2.94
2.5
3.82
3.34
3.41
3.79
3.85
3.54
3.53
3.29
3.91
3.65
2.48
Dividend per Share
1.4
1.65
1.45
1.7
1.5
1.5
1.22
1.78
1.81
1.86
2.8
2.72
2.3
2.45
Book Value per Share
22.13
24.54
27.68
31.82
32.65
34.04
33.11
33.39
41.36
43.04
45.2
57.43
51.93
52.03
Tangible Book Value per Share
20.66
23.44
26.58
30.72
31.6
32.99
32.06
32.34
40.3
41.99
44.14
56.37
50.88
50.98
Basic Weighted Avg Shares
598
696
850
850
847
822
805
799
797
797
797
790
790
797
Sales/Revenue/Turnover
1,712
2,206
2,747
3,373
3,500
3,566
3,658
4,028
3,848
4,077
4,090
4,569
5,065
4,958
Operating Margin (%)
67.74
79.09
78.03
78.86
78.89
79.84
79.49
78.3
77.22
77.13
73.28
72.58
71.21
69.43
Depreciation Expense
- -
12
12
20
29
- -
4
4
4
4
3
11
5
5
Net Income, GAAP
1,067
3,280
3,908
4,961
1,840
1,940
536
1,603
7,792
2,848
3,967
11,924
-2,383
-700
Effective Tax Rate (%)
- -
- -
- -
0.06
0.24
0.68
1.03
- -
0.06
- -
- -
- -
- -
- -
Profit Margin (%)
62.34
148.7
142.27
147.05
52.58
54.4
14.66
39.79
202.5
69.85
97
261
-47.05
-14.13
Working Capital
2,014
5,515
1,411
526
-104
446
336
-147
-241
-4,473
-158
134
215
-853
LT Debt
12,337
14,092
15,409
17,946
16,319
15,537
14,821
15,698
16,210
11,833
15,458
20,569
19,305
19,908
Total Equity
14,016
20,853
23,520
27,037
27,359
27,449
26,550
26,880
33,222
34,559
36,329
46,308
42,005
42,082
Return on Invested Capital (%)
4.36
5.29
5.58
6.18
6.09
6.43
6.77
- -
6.45
- -
- -
- -
- -
- -
Return on Capital (%)
6.41
12.63
12.44
13.67
6
6.53
3.43
- -
18.86
- -
- -
- -
- -
- -
Return on Common Equity (%)
8.4
18.81
17.62
19.62
6.77
7.08
1.99
6.03
26.14
8.46
11.28
29.15
-5.47
-1.61

Capital Structure

MXN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,347
1,355
1,310
LT Borrowings
19,305
20,309
19,908
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
797
797
797
Market Capitalization
27,053
33,041
35,512

Working Capital

MXN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,520
2,268
1,829
Cash, Cash Equivalents & STI
2,087
1,984
1,407
Accounts Receivable, Net
80
143
95
Inventories
- -
- -
- -
Total Current Liabilities
2,305
2,982
2,682
Payables & Accruals
- -
- -
- -
ST Debt
1,347
1,355
1,310
Deferred Revenue
- -
- -
- -

Growth Rates

MXN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.53%
10.18%
-9.29%
Free Cash Flow
4.46%
-0.84%
-6.58%
Net Income, GAAP
53.85%
88.5%
-119.99%
Sales/Revenue/Turnover
6.55%
4.87%
10.87%
Total Cash Common Dividend
6.16%
7.1%
-15.74%

Quarterly Revenue

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,049
1,077
1,183
1,260
4,569
2025
1,275
1,281
- -
1,250
5,065
2026
1,206
1,222
- -
- -
- -

Quarterly Earnings Per Share

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.35
6.24
4.2
3.44
15.09
2025
0.17
-2.33
- -
0.13
-3.02
2026
1.36
-0.03
- -
- -
- -

Quarterly Dividends Per Share

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.71
0.54
0.52
- -
2.72
2025
1.05
0.61
- -
- -
2.3
2026
1.23
0.61
- -
- -
- -

Company Description

CEO
Simon Hanna
Full Time Employees
93
Sector
Finance
Industry
Real estate investment trusts
Address
Pedregal # 24, Floor 21 Mexico City DF Mexico 11040
IPO Date
Dec 14, 2012
Business
FIBRA Macquarie México (BMV: FIBRAMQ12) operates as a Mexican real estate investment trust focused on the acquisition, ownership, leasing and management of industrial, retail and office properties, with primary emphasis on stabilized income-producing assets in prime markets. The company, established in 2012 following its initial public offering on December 19 and headquartered at Pedregal 24 Piso 21, Torre Virreyes in Mexico City, maintains a portfolio comprising 244 industrial properties and 17 retail properties across 20 cities in 16 Mexican states as of September 30, 2025, encompassing approximately 3.4 million square meters of gross leasable area; nine retail properties operate through a 50/50 joint venture with Grupo Frisa. Its core offerings include Class A industrial warehouses and logistics facilities leased to manufacturing, automotive, aerospace and consumer goods tenants, alongside retail centers serving consumer markets; the firm deploys an internal property management platform for leasing, engineering, sustainability and operations across nine regional offices. In recent developments, FIBRA Macquarie completed the August 2025 acquisition of a 250,000 square foot prime industrial logistics facility in Mexico City's Vallejo submarket via a US$34.8 million sale-and-leaseback with a global consumer company, featuring a three-year triple-net USD lease with 6.9% annual escalations and 20% embedded rent growth potential upon expiry; it sold a 180,000 square foot vacant non-core property in Chihuahua for US$14.0 million in September 2025, achieving a 29% premium to independent book value to optimize capital allocation. Further expansions include ongoing pre-development of a 10-hectare land parcel in Guadalajara's El Salto submarket acquired in October 2024 for two Class A buildings totaling 460,000 square feet of GLA, infrastructure works for a joint venture industrial park in Tijuana's Pacifico/Libramiento area targeting up to 750,000 square feet across four buildings, and 385,000 square feet in stabilization from recent deliveries; the company refinanced and upsized a sustainability-linked credit facility to bolster liquidity to US$625 million, reported record Q3 2025 NOI of US$59.3 million up 4.5% year-over-year with industrial leasing spreads of 16.6%, and earned a 3-Star GRESB rating with 94/100 score for developments.

Company News

  • FIBRA Macquarie México Reports Second Quarter 2026 Results

  • FIBRA Macquarie México (DBMBF) Q1 2026 Earnings Call Transcript

  • FIBRA Macquarie México Acquires Industrial Land Parcel With Access to 90-Megawatt Dedicated Substation, in Strategic Tijuana Submarket

  • FIBRA Macquarie México (DBMBF) Q4 2025 Earnings Call Transcript

  • Fibra Macquarie México Reports Fourth Quarter and Full Year 2025 Results

  • FIBRA Macquarie México (DBMBF) Q3 2025 Earnings Call Transcript

  • FIBRA Macquarie México Reports Third Quarter 2025 Results

  • FIBRA Macquarie México Reports Second Quarter 2025 Results

  • FIBRA Macquarie México Announces Ordinary and Extraordinary Holders' Meeting

  • FIBRA Macquarie México Expands Development Program With New Tijuana Project

  • FIBRA Macquarie's Occupancy Keeps Falling, But The Name Is Still Not Cheap

  • FIBRA Macquarie México Reports First Quarter 2025 Results

  • FIBRA Macquarie México Acquires Strategic Land Parcel in Guadalajara

  • FIBRA Macquarie México Reports Third Quarter 2024 Results

  • FIBRA Macquarie México Increases Offer for FIBRA Terrafina and Conditionally Amends Its Management Fee Structure

  • FIBRA Macquarie México Announces New Ordinary Holders' Meeting to Approve the Acquisition of Terrafina

  • FIBRA Macquarie México Increases Offer for FIBRA Terrafina and Amends Its Management Fee Structure

  • FIBRA Macquarie México Announces Ordinary Holders' Meeting to Approve the Acquisition of Terrafina

  • FIBRA Macquarie México Reports First Quarter 2024 Results

  • FIBRA Macquarie Proposes Non-Binding Tender and Exchange Offer for Terrafina