NYSE · BOTTLED & CANNED SOFT DRINKS & CARBONATED WATERS · LARGE CAP
Mexican Economic Development, Inc. FMX
10 fiscal years on record · MXN · FY2024 reported
SEC FILINGS ONLY
Revenue · FY2024
MXN 781.6B
▲ 11.2% vs FY2023
EPS · FY24
—
Dividend / sh · FY24
—
Payout · FY24
62%
ROE · FY24
13.4%
Net margin · FY24
5.1%
Dividend coverage
—
Advertisement
AdSense · Leaderboard 728×90320×100
Result
MXN 781.6B
Revenue, FY2024 · full 10-year series below
Revenue
Net income
5 cents of every revenue dollar became profit this year.
Per share
—
Diluted EPS, FY2024
EPS
The company pays no cash dividend.
Profitability
13.4%
Return on equity, FY2024
ROE
Operating margin—
Net margin5.1%
Return on assets4.9%
Each MXN of equity produced 13 cents of profit this year.
Returned to shareholders
MXN 25.1B
returned in FY2024 · dividends + net buybacks
Dividends paidMXN 25.1B
Net buybacks—
Share of profit62.3%
Consecutive raises—
MXN 25.1B in dividends — 62% of the year's profit went back to shareholders.
Growth
+9.1% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+15.6%
+9.1%
Net income
+2.2%
+7.5%
Returned to shareholders
+23.2%
+13.0%
Compound annual rates per period — left blank where the series crosses a loss.
Share base
17.89B
Shares outstanding, FY2024
Change, 5 years+0.0%
Change, 10 years—
The share count grew 0% in five years — the same company, cut into more, smaller slices.
Advertisement
AdSense · Leaderboard 728×90300×250
Balance sheet
MXN 851.5B
total assets, end of FY2024
Total assetsMXN 851.5B
EquityMXN 297.5B
CashMXN 139.8B
Gross debtMXN 144.4B
Net debtMXN 4.6B
Current ratio1.69×
Net debt stands at 2% of equity.
History
10 fiscal years
Every figure from documents filed with the SEC · MXN
Metric
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue MXN B
781.6
702.7
597.0
505.5
493.0
506.7
469.7
439.9
399.5
311.6
Operating income MXN B
·
·
·
·
·
·
·
·
·
·
EBITDA MXN B
·
·
·
·
·
·
·
·
·
·
Income tax MXN B
27.4
27.3
15.4
15.1
14.8
10.5
10.2
10.2
7.9
7.9
Net income MXN B
40.2
76.7
34.7
37.7
3.8
28.0
33.1
37.2
27.2
17.7
EPS, diluted MXN
·
·
·
·
·
·
·
·
·
·
Dividend / sh MXN
·
·
·
·
·
·
·
·
·
·
Payout %
62
25
50
36
422
49
39
·
·
·
ROE %
13.4
27.1
13.2
15.1
1.5
11.0
13.0
16.1
12.8
·
Shares out B
17.89
17.89
17.89
17.89
17.89
17.89
17.89
17.89
17.89
·
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
How we verifyAUDITED
29 of 29
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity
Every figure was compared against the original statement: 0 failures and 0 presentation gaps.
What we don’t show
We’d rather say what’s missing than fill the gap with an estimate.
P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed