Fomento Economico Mexicano SAB de CV ADR's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Fomento Economico Mexicano SAB de CV ADR reported revenue of $46.7B (+24.6% year on year) and net income of $1.8B (-4.9% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net sales | $46.3B | $37.2B | $41.4B | $34.5B |
| Other operating revenues | $365.0M | $289.0M | $181.0M | $76.0M |
| Total revenues | $46.7B | $37.5B | $41.6B | $34.5B |
| Cost of goods sold | $27.7B | $22.1B | $25.0B | $21.6B |
| Gross profit | $19.0B | $15.4B | $16.5B | $12.9B |
| Administrative expenses | $2.2B | $1.9B | $1.9B | $1.8B |
| Selling expenses | $12.7B | $10.2B | $11.2B | $8.1B |
| Other income | $184.0M | $172.0M | $775.0M | $56.0M |
| Other expenses | $341.0M | $453.0M | $370.0M | $147.0M |
| Interest expense | $1.2B | $959.0M | $883.0M | $837.0M |
| Interest income | $426.0M | $571.0M | $1.0B | $197.0M |
| Foreign exchange loss (gain) , net | $319.0M | $572.0M | ($583.0M) | $191.0M |
| Gain on monetary position for subsidiaries in hyperinflationary economies | $21.0M | $10.0M | $6.0M | $27.0M |
| Market value (gain) loss on financial instruments | ($96.0M) | ($101.0M) | ($26.0M) | $36.0M |
| Income before income taxes and share in the profit of equity method accounted investees | $2.9B | $3.2B | $3.4B | $2.1B |
| Income taxes | $1.1B | $1.2B | $768.0M | $738.0M |
| Share in the loss of equity method accounted investees | ($83.0M) | ($48.0M) | ($24.0M) | — |
| Net income from continuing operations | $1.7B | $1.9B | $2.6B | — |
| Net income from discontinued operations | $87.0M | $6.0M | $1.9B | — |
| CONSOLIDATED NET INCOME | $1.8B | $1.9B | $4.5B | $1.8B |
| Controlling interest | $1.1B | $1.3B | $3.9B | $1.2B |
| Non-controlling interest | $757.0M | $647.0M | $650.0M | $556.0M |
| Basic earnings per share from continuing operations attributable to equity holders of the parent (in pesos per share) | $2.16 | $3.04 | $0.20 | $0.14 |
| Basic earnings per share from discontinued operations attributable to equity holders of the parent (in pesos per share) | $0.19 | $0.02 | $0.18 | — |
| Diluted earnings per share from continuing operations attributable to equity holders of the parent (in dollars per share) | $2.16 | $3.02 | $0.20 | $0.14 |
| Diluted earnings per share from discontinued operations attributable to equity holders of the parent (in dollars per share) | $0.19 | $0.02 | $0.18 | — |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $6.0B | $6.7B | $9.8B | $4.3B |
| Investments | $1.1B | $2.1B | $1.6B | $3.0M |
| Trade receivables, net | $2.7B | $2.1B | $2.3B | $2.3B |
| Inventories | $3.9B | $3.2B | $3.4B | $3.2B |
| Recoverable taxes | $1.7B | $1.3B | $1.2B | $993.0M |
| Other current financial assets | $62.0M | $85.0M | $998.0M | $583.0M |
| Other current assets | $333.0M | $299.0M | $226.0M | $230.0M |
| Current assets held for sale | $0 | $690.0M | $1.5B | — |
| Total current assets | $15.7B | $16.4B | $21.1B | $11.6B |
| Equity method accounted investees | $1.4B | $1.4B | $1.6B | $5.3B |
| Property, plant and equipment, net | $10.5B | $8.5B | $8.4B | $6.9B |
| Right-of-use assets, net | $5.5B | $4.7B | $5.2B | $4.3B |
| Intangible assets, net | $8.1B | $7.0B | $8.5B | $9.8B |
| Deferred tax assets | $1.7B | $1.3B | $1.6B | $1.4B |
| Other non-current financial assets | $747.0M | $1.1B | $868.0M | $1.2B |
| Other non-current assets, net | $436.0M | $409.0M | $503.0M | $475.0M |
| Total non-current assets | $28.5B | $24.4B | $26.6B | $29.4B |
| TOTAL ASSETS | $44.2B | $40.8B | $47.7B | $41.0B |
| Bank loans and notes payable | $326.0M | $181.0M | $145.0M | $96.0M |
| Current portion of non-current debt | $823.0M | $141.0M | $355.0M | $845.0M |
| Lease liabilities | $844.0M | $661.0M | $724.0M | $620.0M |
| Interest payable | $99.0M | $86.0M | $99.0M | $106.0M |
| Trade payable | $5.2B | $4.6B | $4.8B | $4.0B |
| Accounts payable | $1.7B | $1.6B | $1.6B | $1.6B |
| Income tax payable | $258.0M | $346.0M | $572.0M | $856.0M |
| Other current financial liabilities | $2.5B | $1.8B | $1.8B | $896.0M |
| Current liabilities held for sale | $0 | $333.0M | $685.0M | — |
| Total current liabilities | $11.7B | $9.7B | $10.8B | $9.1B |
| Bank loans and notes payable | $7.1B | $6.8B | $7.6B | $8.9B |
| Non-current portion lease liabilities | $5.3B | $4.5B | $5.0B | $4.2B |
| Employee benefits | $595.0M | $430.0M | $409.0M | $362.0M |
| Deferred tax liabilities | $460.0M | $417.0M | $436.0M | $350.0M |
| Other non-current financial liabilities | $499.0M | $324.0M | $572.0M | $339.0M |
| Provisions | $184.0M | $186.0M | $256.0M | — |
| Other non-current liabilities | $195.0M | $163.0M | $273.0M | — |
| Total non-current liabilities | $14.2B | $12.8B | $14.5B | $14.6B |
| TOTAL LIABILITIES | $25.9B | $22.6B | $25.3B | $23.6B |
| Capital stock | $179.0M | $156.0M | $198.0M | $172.0M |
| Additional paid-in capital | ($967.0M) | ($124.0M) | $1.0B | $909.0M |
| Retained earnings | $15.5B | $14.7B | $18.0B | $12.9B |
| Other comprehensive income (loss) | ($1.1B) | ($459.0M) | ($1.3B) | ($494.0M) |
| Equity attributable to equity holders of the parent | $13.6B | $14.3B | $18.0B | $13.5B |
| Non-controlling interest | $4.7B | $4.0B | $4.4B | $3.9B |
| TOTAL EQUITY | $18.3B | $18.3B | $22.4B | $17.3B |
| TOTAL LIABILITIES AND EQUITY | $44.2B | $40.8B | $47.7B | $41.0B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income from discontinuing operations | $87.0M | $6.0M | $1.9B | — |
| Income before income taxes from continuing operations | $2.9B | $3.1B | $3.4B | $2.5B |
| Profit (loss) before tax | $2.9B | $3.1B | $5.3B | — |
| Operating non-cash expenses (income) | $370.0M | $32.0M | ($63.0M) | $158.0M |
| Non-cash movements in post-employment and other non-current employee benefits obligations | $68.0M | $47.0M | $54.0M | — |
| Allowance of expected credit losses | $69.0M | $56.0M | $81.0M | — |
| Depreciation | $2.2B | $1.7B | $1.9B | $1.4B |
| Amortization of intangible assets and other current assets | $214.0M | $197.0M | $126.0M | $138.0M |
| Gains (losses) on disposals of investments | ($75.0M) | — | — | — |
| Gain on sale of shares of long-lived assets | -21.0M | -7.0M | -425.0M | -16.0M |
| Dividends received | 0 | 0 | -196.0M | — |
| Disposal of long-lived assets | $62.0M | $45.0M | $28.0M | $21.0M |
| Impairment of long-lived assets | $0 | $134.0M | $74.0M | $43.0M |
| Share of the loss (profit) of equity method accounted investees, net of income taxes | $83.0M | $48.0M | $24.0M | ($383.0M) |
| Interest income | ($426.0M) | ($571.0M) | ($1.0B) | ($197.0M) |
| Interest expense | $1.2B | $959.0M | $883.0M | $837.0M |
| Foreign exchange (gain) loss , net | $319.0M | ($572.0M) | $583.0M | $191.0M |
| (Gain) on monetary position for subsidiaries in hyperinflationary economies | ($21.0M) | ($10.0M) | ($6.0M) | ($27.0M) |
| Market value (gain) loss on financial instruments | ($96.0M) | $101.0M | $26.0M | $36.0M |
| Net cash flows from operating activities before changes in operating accounts | $6.9B | $5.1B | $5.4B | $4.7B |
| Trade accounts receivable and other current assets | ($438.0M) | ($468.0M) | ($717.0M) | ($399.0M) |
| Other current financial assets | $7.0M | $2.0M | $47.0M | ($23.0M) |
| Inventories | ($183.0M) | ($322.0M) | ($381.0M) | ($396.0M) |
| Trade accounts payable and other accounts | ($554.0M) | $555.0M | $661.0M | $684.0M |
| Other non-current liabilities | ($169.0M) | ($172.0M) | $39.0M | $10.0M |
| Other current financial liabilities | ($40.0M) | $7.0M | $234.0M | $114.0M |
| Employee benefits paid | ($89.0M) | ($50.0M) | ($63.0M) | ($37.0M) |
| Cash flows from (used in) operations | $5.4B | $4.6B | $5.2B | $4.7B |
| Income taxes paid | ($1.5B) | ($1.3B) | ($1.7B) | ($979.0M) |
| Net cash generated by (used in) operating activities from discontinuing operations | $10.0M | $112.0M | ($515.0M) | — |
| Net cash generated by operating activities | $3.9B | $3.4B | $2.9B | $3.7B |
| Business acquisition | $0 | ($360.0M) | ($249.0M) | ($2.1B) |
| Investment in equity method accounted investees | ($13.0M) | ($36.0M) | ($71.0M) | ($28.0M) |
| Other equity investments | ($21.0M) | $8.0M | $0 | $82.0M |
| Proceeds from disposal of investment | $422.0M | $0 | $7.9B | — |
| Proceeds from disposal of investment | $377.0M | $834.0M | $1.9B | — |
| Purchases of cash investments | $0 | ($419.0M) | ($1.6B) | — |
| Proceeds from maturities of cash investments | $1.0B | $0 | $0 | — |
| Interest received | $415.0M | $568.0M | $525.0M | $190.0M |
| Derivative financial instruments | $0 | $0 | $0 | $0 |
| Dividends received from equity method accounted investees and other investees | $1.0M | $1.0M | $204.0M | $133.0M |
| Property, plant and equipment acquisitions | ($2.1B) | ($2.1B) | ($2.1B) | ($1.5B) |
| Proceeds from disposal of property, plant and equipment | $39.0M | $42.0M | $51.0M | $24.0M |
| Acquisition of intangible assets | ($197.0M) | ($174.0M) | ($196.0M) | ($114.0M) |
| Investment in other assets | $2.0M | ($21.0M) | ($44.0M) | ($78.0M) |
Fomento Economico Mexicano SAB de CV ADR score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.