Mexican Economic Development
FMX · NYSEBottled & Canned Soft Drinks & Carbonated Waters · Fiscal year ends Dec 31 · Reports in MXN
Net income was MXN 40.2B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|
| Cost of revenue | MXN 303B | MXN 299B | MXN 355B | MXN 423B | MXN 460B |
| Gross profit | MXN 190B | MXN 206B | MXN 242B | MXN 280B | MXN 322B |
| Interest expense | MXN 17.5B | MXN 16.6B | MXN 15.9B | MXN 14.9B | MXN 20B |
| Pre-tax income | – | MXN 52B | MXN 49.1B | MXN 89.6B | MXN 65.7B |
| Income tax | MXN 14.8B | MXN 15.1B | MXN 15.4B | MXN 27.3B | MXN 27.4B |
| Net income | MXN 3.8B | MXN 37.7B | MXN 34.7B | MXN 76.7B | MXN 40.2B |
Balance sheet
| Fiscal year | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|
| Cash & equivalents | MXN 108B | MXN 97.4B | MXN 83.4B | MXN 165B | MXN 140B |
| Receivables | MXN 28.2B | MXN 33.9B | MXN 45.5B | MXN 38.9B | MXN 43.2B |
| Inventory | MXN 44B | MXN 50.9B | MXN 62.2B | MXN 58.2B | MXN 67.5B |
| Current assets | MXN 201B | MXN 231B | MXN 226B | MXN 356B | MXN 342B |
| Net PP&E | MXN 113B | MXN 115B | MXN 134B | MXN 142B | MXN 178B |
| Total assets | MXN 685B | MXN 738B | MXN 799B | MXN 806B | MXN 852B |
| Payables | MXN 53B | MXN 66.2B | MXN 78.4B | MXN 81.5B | MXN 96.9B |
| Current liabilities | MXN 118B | MXN 137B | MXN 177B | MXN 182B | MXN 203B |
| Total liabilities | MXN 378B | MXN 402B | MXN 461B | MXN 427B | MXN 470B |
| Shareholders' equity | MXN 238B | MXN 263B | MXN 263B | MXN 304B | MXN 298B |
Cash flow
| Fiscal year | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|
| Capital expenditure | MXN 18.7B | MXN 17.6B | MXN 29.4B | MXN 34.8B | MXN 43.7B |
Key ratios
| Fiscal year | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|
| Return on equityBlank when equity is negative | 1.6% | 14.3% | 13.2% | 25.2% | 13.5% |
| Inventory days | 53 | 62 | 64 | 50 | 54 |
| Payable days | 64 | 81 | 80 | 70 | 77 |
| Current ratio | 1.70x | 1.69x | 1.28x | 1.95x | 1.69x |
Recent filings
More in Bottled & Canned Soft Drinks & Carbonated Waters
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.