Fomento Económico Mexicano Stock (NYSE:FMX)


ForecastRevenueOwnershipFinancialsChartTranscripts

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$88.43

52W Range

$85.30 - $143.43

50D Avg

$93.32

200D Avg

$108.49

Market Cap

$17.87B

Avg Vol (3M)

$640.19K

Beta

0.39

Div Yield

$4.12 (6.72%)

FMX Company Profile


Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of chillers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. As of December 31, 2021, it operated 20,431 OXXO stores; 3,652 drugstores; and 567 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico.

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Industry

Beverages - Alcoholic

Sector

Consumer Defensive

Exchange

NYSE

ADR

Yes

Country

MX

Employees

392,287

IPO Date

May 11, 1998

Website

FMX Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Logistic Services$601.00M--
Other Revenue$1.67B--
Interest Revenue$3.35B$455.00M$302.00M
Other revenue-$963.00M-
Logistic services-$552.00M$514.00M

Fiscal year ends in Dec 23 | Currency in MXN

FMX Financial Summary


Dec 23Dec 22Dec 21
Revenue$702.69B$673.20B$556.26B
Operating Income$59.30B$31.39B$28.91B
Net Income$66.39B$23.91B$28.49B
EBITDA$79.90B$61.91B$56.90B
Basic EPS$18.55$59.50$71.00
Diluted EPS-$59.50$71.00

Fiscal year ends in Dec 23 | Currency in MXN

Latest Earnings Call Transcripts


Q3 24Oct 28, 24 | 3:25 PM
Q2 24Jul 24, 24 | 6:14 PM
Q1 24Apr 26, 24 | 5:04 PM

Peer Comparison


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BUDAnheuser-Busch InBev SA/NV