1. Mexico Stocks

  2. •

    Consumer Defensive

  3. •

    Beverages - Alcoholic
Fomento Económico Mexicano, S.A.B. de C.V.

Fomento Económico Mexicano, S.A.B. de C.V.

FEMSAUB.MX
Fomento Económico Mexicano, S.A.B. de C.V.MX flagMexican Stock Exchange
167.00
MXN
- -
- -
925.68BMarket Cap
Fomento Económico Mexicano, S.A.B. de C.V.
FEMSAUB.MX
(Mexican Stock Exchange)

Recent

price

167.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
47.43
56.32
66.6
72.13
73.63
17.44
111.65
122.95
131.28
141.61
137.77
141.26
166.84
- -
- -
- -
- -
Revenue per Share
11.25
4.28
5.79
4.45
4.67
0.99
5.91
11.42
6.3
5.78
-0.54
7.96
6.68
- -
- -
- -
- -
Basic EPS, GAAP
2.36
2.79
8.48
3.16
5.5
1.02
8.03
4.93
7.13
10.2
9.23
14.98
11.49
- -
- -
- -
- -
Free Cash Flow per Basic Share
1.07
1.85
2.57
4.61
0.88
0.6
3.37
3.48
3.61
3.81
4.43
3.74
4.89
- -
- -
- -
- -
Dividend per Share
29.91
32.93
36.85
37.5
42.05
8.95
48.11
57.35
61.8
65.16
61.7
67.53
71.14
- -
- -
- -
- -
Book Value per Share
30.5
36.09
39.76
33.33
35.94
7.47
37.14
51.09
53.08
50.08
42.39
49.46
41.09
- -
- -
- -
- -
Tangible Book Value per Share
3,578
3,578
3,578
3,578
3,578
17,869
3,578
3,578
3,578
3,578
3,578
3,578
3,578
- -
- -
- -
- -
Basic Weighted Avg Shares
169,702
201,540
238,309
258,097
263,449
311,589
399,507
439,932
469,744
506,711
492,966
505,460
597,008
702,692
781,585
840,954
853,890
Sales/Revenue/Turnover
13.28
12.52
12.45
11.62
11.71
11.2
9.43
8.94
9.08
9.69
7.96
10.65
10.66
8.16
9.01
8.58
8.55
Operating Margin (%)
5,502
6,163
7,890
9,696
10,014
10,825
13,709
15,640
17,237
25,810
28,049
27,987
30,527
34,017
39,310
44,138
- -
Depreciation Expense
40,251
15,332
20,707
15,922
16,701
17,683
21,140
40,864
22,560
20,699
-1,930
28,495
23,909
65,689
26,735
19,431
28,462
Net Income, GAAP
24
32.35
28.87
30.93
26.34
31.52
27.62
28.55
30.24
32.44
76.74
31.56
28.55
22.43
38.22
37.59
29.84
Effective Tax Rate (%)
23.72
7.61
8.69
6.17
6.34
5.68
5.29
9.29
4.8
4.08
-0.39
5.64
4
9.35
3.42
2.31
3.33
Profit Margin (%)
21,155
20,658
26,939
24,700
29,793
21,377
31,662
76,166
76,143
36,045
82,856
93,995
49,527
173,778
139,381
73,102
36,353
Working Capital
21,935
23,819
28,640
72,921
82,935
85,969
131,967
117,758
114,990
149,039
231,400
240,994
254,622
212,210
235,781
221,695
235,144
LT Debt
153,398
192,171
210,161
222,550
230,122
241,856
286,170
336,912
335,542
325,751
307,187
335,117
337,801
378,369
381,131
329,352
294,302
Total Equity
10.37
8.39
8.84
7.43
7.24
7.19
7.01
6.15
6.24
6.74
1.69
6.29
7.31
7
6.74
7.13
8.5
Return on Invested Capital (%)
27.75
6.16
7.07
4.73
4.79
5.01
5.5
12.13
3.94
4.61
-0.77
5.35
3.96
11.06
3.81
2.72
10.9
Return on Capital (%)
53.36
13.64
16.59
11.97
11.73
11.4
12.73
21.66
10.58
9.11
-0.85
12.32
9.64
23.35
8.66
6.57
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
32,315
35,862
22,613
LT Borrowings
130,822
126,992
137,330
LT Finance Leases
94,383
94,703
97,814
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,455
3,432
3,407
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
296,417
283,116
269,324
Cash, Cash Equivalents & STI
148,939
128,022
114,577
Accounts Receivable, Net
44,487
43,506
43,863
Inventories
63,485
69,452
67,656
Total Current Liabilities
220,968
210,014
232,971
Payables & Accruals
1,949
172,708
1,951
ST Debt
32,315
35,862
22,613
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.61%
1.81%
-13.59%
Free Cash Flow
19.31%
19.28%
19.99%
Net Income, GAAP
-155.39%
-300.88%
-27.32%
Sales/Revenue/Turnover
10.74%
11.43%
7.6%
Total Cash Common Dividend
19.66%
30.99%
99.06%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
176,334
198,744
196,771
208,719
781,585
2025
195,819
211,364
214,638
220,104
840,954
2026
207,784
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) is a Mexican multinational conglomerate that participates in the beverage and retail industries; it operates as the largest independent Coca-Cola bottling group worldwide through its subsidiary Coca-Cola FEMSA, bottling and distributing Coca-Cola trademark beverages including soft drinks, bottled water, juices, and other non-alcoholic beverages across Latin America; in retail, it manages the Proximity Americas Division with OXXO convenience stores offering groceries, snacks, beverages, personal care items, bill payments, and mobile top-ups, alongside OXXO Gas fuel stations, and the Proximity Europe Division through Valora operating foodvenience and convenience formats in Switzerland, Germany, Austria, Luxembourg, and the Netherlands; the Health Division encompasses drugstores and pharmacies providing pharmaceutical and health-related products; Spin offers digital financial services such as Spin by OXXO and Spin Premia loyalty programs; strategic business units provide logistics via Solistica, refrigeration equipment, point-of-sale solutions, and plastics; FEMSA was founded in 1890 and maintains headquarters in Monterrey, Nuevo León, Mexico, with operations spanning 18 countries including Mexico, other Latin American nations, the United States, Europe, and the Philippines, employing over 392,000 people. Recent developments include the 2024 acquisition of Delek US Holdings' 249 retail stores under the DK brand to expand U.S. convenience operations, which FEMSA integrated and rebranded as OXXO with over 50 stores converted by late 2025 and plans for 35 more; in September 2025, FEMSA agreed to take full control of OXXO Brazil by terminating its joint venture with Raízen, retaining all OXXO stores and the Cajamar distribution center; Coca-Cola FEMSA invested $110 million in a Brazil plant expansion adding sustainable production lines set for 2026 operations; the company reported 9.1% consolidated revenue growth in 3Q 2025, with Proximity Americas revenues up 9.2%; and José Antonio Fernández Garza-Lagüera assumed the CEO role effective November 1, 2025, succeeding José Antonio Fernandez Carbajal.