Fomento Economico Mexicano, S.A.B. De C.V. (FMX)

NYSE: FMX · Bottled & Canned Soft Drinks & Carbonated Waters · filing with the SEC since 1998

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Grade5.2

◀ Past 6.1● Present 4.7▶ Future 5.1

2 est.

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

The grade of Fomento Economico Mexicano, S.A.B. De C.V.

Nine metrics read from its own filings, by tense

Headline grade

5.2/10

◀ Past6.130% of the headline

● Present4.740% of the headline

▶ Future5.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.1/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed

7.3/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 73rd percentile among 11 sector filers · read for itself

From the record

Fomento Economico Mexicano, S.A.B. De C.V.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed

6.3/10

What has it actually done, year after year?

+8.9% a year over 7 filed years; profitable in 7 of 7.

weight 45% of this tense · 63rd percentile among 11 sector filers · read for its customers

From the record

Fomento Economico Mexicano, S.A.B. De C.V.'s 7 filed years say what it did: revenue went from MXN 470 billion in fiscal 2018 to MXN 782 billion in fiscal 2024, up 8.9% a year; it rose in 5 of 6 years; the deepest fall was 3% from fiscal 2019 to fiscal 2020; net income was positive in 7 of 7 of those years (its annual reports).

What it rests on

revenue growth over the filed span8.9%top 41% of its family
the share of years revenue rosetop 41% of its family
the share of filed years with a profittop 27% of its family
the deepest fall from a revenue peak2.7%top 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate

3.9/10

How has it treated the people who own it?

SI estimate 3.9/10, confidence 35 of 100 (one part).

weight 22% of this tense · 39th percentile among 11 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate: Read from one part only, the cash returned against operating cash flow, which ranks in the bottom 39% of 11 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read: Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned: one part: cash returned against operating cash flow, the one part on file, ranked among 11 in its family.
Confidence: 35 of 100
What would change it: A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Fomento Economico Mexicano, S.A.B. De C.V.'s shareholder treatment is put at 3.9 of 10 with a confidence of 35 of 100, because read from one part only, the cash returned against operating cash flow, which ranks in the bottom 39% of 11 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.7/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed

4.2/10

Is it financially healthy right now?

ROE 11%: 11¢ of profit per shareholder dollar. Leverage 55%: owes 55¢ per asset dollar.

weight 45% of this tense · 42nd percentile among 11 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2024-12-31, Fomento Economico Mexicano, S.A.B. De C.V. earned about 11 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 38 cents per dollar of everything the company owns. Leverage: it owed about 55 cents per dollar of assets (the filed statements).

What it rests on

what it owes per dollar of assetstop 41% of its family
return on equitybottom 35% of its family
gross profit against assetsbottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed

5.9/10

How strong is its position in its industry?

top 41% of 11 in its family; net margin 5.1%.

weight 33% of this tense · 59th percentile among 11 sector filers · read for its customers

From the record

Fomento Economico Mexicano, S.A.B. De C.V.'s standing among 11 graded names in its industry family: revenue of MXN 782 billion in fiscal 2024 is not ranked by size, since the family reports in another currency; a net margin of 5.1% ranks in the bottom 32%; revenue growth of 15.6% a year over the last 3 filed years ranks in the top 14% (its annual reports).

What it rests on

net margin5.1%bottom 32% of its family
three-year revenue growth15.6%top 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate

3.7/10

What are the people in charge doing?

SI estimate 3.7/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 6 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate: It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-16 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 6 members with one.
What the record cannot read: It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-16 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned: family median, 6 readings behind it.
Confidence: 20 of 100
What would change it: Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Fomento Economico Mexicano, S.A.B. De C.V.'s leadership is put at 3.7 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-16 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 6 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed

4.7/10

How much room does it have to grow?

bottom 47% of 11 in its family for room to expand.

weight 45% of this tense · 47th percentile among 11 sector filers · read for itself

From the record

Fomento Economico Mexicano, S.A.B. De C.V.'s room to grow, from the newest filed statements (fiscal 2024): cash of MXN 140 billion against debt of MXN 144 billion leaves -0.5% of its assets as net cash, bottom 35% of its family; a gross margin of 41.1% (top 41%) (its annual report).

What it rests on

cash less debt against assets-0.5%bottom 35% of its family
gross margin41.1%top 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed

8.0/10

What could actually drive growth from here?

top 20% of 11 in its family for growth drivers.

weight 33% of this tense · 80th percentile among 11 sector filers · read for its customers

From the record

Fomento Economico Mexicano, S.A.B. De C.V.'s growth drivers, from the filed years to fiscal 2024: revenue grew 15.6% a year over the last three filed years against 8.9% over all 7, speeding up (top 14% of its family); the newest year grew 11.2% (top 23%); capital spending grew 35.5% a year (top 23%) (its annual reports). Fomento Economico Mexicano, S.A.B. De C.V. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

three-year growth against the whole span+6.8 points a yeartop 14% of its family
the newest year's revenue growth11.2%top 23% of its family
three-year growth of capital spending35.5%top 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed

1.7/10

Did its newest year beat what its own record pointed to?

bottom 17% of 11 in its family for expectations against reality.

weight 22% of this tense · 17th percentile among 11 sector filers · read for its shareholders

From the record

Fomento Economico Mexicano, S.A.B. De C.V.'s newest year against its own record: revenue of MXN 782 billion in fiscal 2024 came in 5.7% below the MXN 829 billion its prior three years' pace pointed to (bottom 32% of its family); net income of MXN 40 billion against a prior three-year average of MXN 50 billion (bottom 5%); a net margin of 5.1% against 8.1% before (bottom 14%) (its annual reports).

What it rests on

revenue against the prior three years' pace-5.7%bottom 32% of its family
net income against the prior three years' average-19%bottom 5% of its family
net margin against its prior average-2.9 pointsbottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton FMX · research, not advice