
Grupo Herdez SAB de CV
BMV:HERDEZ

Income Statement
Earnings Waterfall
Grupo Herdez SAB de CV
Revenue
|
37.3B
MXN
|
Cost of Revenue
|
-22.3B
MXN
|
Gross Profit
|
15B
MXN
|
Operating Expenses
|
-9.5B
MXN
|
Operating Income
|
5.5B
MXN
|
Other Expenses
|
-4.1B
MXN
|
Net Income
|
1.4B
MXN
|
Income Statement
Grupo Herdez SAB de CV
Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
14 003
N/A
|
14 319
+2%
|
14 787
+3%
|
15 414
+4%
|
16 008
+4%
|
16 356
+2%
|
16 965
+4%
|
17 450
+3%
|
17 745
+2%
|
18 180
+2%
|
18 661
+3%
|
19 106
+2%
|
19 379
+1%
|
20 065
+4%
|
19 958
-1%
|
20 300
+2%
|
20 688
+2%
|
20 971
+1%
|
21 480
+2%
|
21 925
+2%
|
22 291
+2%
|
22 420
+1%
|
22 962
+2%
|
23 391
+2%
|
23 639
+1%
|
24 036
+2%
|
24 133
+0%
|
24 061
0%
|
25 011
+4%
|
26 153
+5%
|
27 412
+5%
|
29 059
+6%
|
30 253
+4%
|
31 646
+5%
|
33 170
+5%
|
34 257
+3%
|
35 314
+3%
|
36 213
+3%
|
36 467
+1%
|
37 010
+1%
|
37 336
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(8 818)
|
(8 737)
|
(8 886)
|
(9 104)
|
(9 315)
|
(9 577)
|
(10 108)
|
(10 549)
|
(10 774)
|
(10 929)
|
(11 132)
|
(11 400)
|
(11 608)
|
(12 174)
|
(12 120)
|
(12 279)
|
(12 565)
|
(12 721)
|
(13 096)
|
(13 494)
|
(13 661)
|
(13 787)
|
(14 129)
|
(14 434)
|
(14 708)
|
(15 048)
|
(15 124)
|
(15 097)
|
(15 844)
|
(16 501)
|
(17 386)
|
(18 591)
|
(19 466)
|
(20 440)
|
(21 396)
|
(21 860)
|
(21 949)
|
(22 135)
|
(22 026)
|
(22 121)
|
(22 332)
|
|
Gross Profit |
5 186
N/A
|
5 582
+8%
|
5 901
+6%
|
6 311
+7%
|
6 693
+6%
|
6 779
+1%
|
6 857
+1%
|
6 900
+1%
|
6 972
+1%
|
7 252
+4%
|
7 529
+4%
|
7 706
+2%
|
7 771
+1%
|
7 891
+2%
|
7 838
-1%
|
8 021
+2%
|
8 123
+1%
|
8 250
+2%
|
8 384
+2%
|
8 431
+1%
|
8 630
+2%
|
8 633
+0%
|
8 832
+2%
|
8 956
+1%
|
8 931
0%
|
8 988
+1%
|
9 009
+0%
|
8 965
0%
|
9 167
+2%
|
9 652
+5%
|
10 026
+4%
|
10 468
+4%
|
10 787
+3%
|
11 206
+4%
|
11 774
+5%
|
12 397
+5%
|
13 365
+8%
|
14 078
+5%
|
14 441
+3%
|
14 889
+3%
|
15 004
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 333)
|
(3 504)
|
(3 599)
|
(3 858)
|
(4 074)
|
(4 756)
|
(4 942)
|
(5 042)
|
(5 157)
|
(4 887)
|
(4 993)
|
(5 027)
|
(5 089)
|
(5 078)
|
(5 071)
|
(5 163)
|
(5 233)
|
(5 255)
|
(5 380)
|
(5 474)
|
(5 674)
|
(5 734)
|
(5 877)
|
(6 102)
|
(6 075)
|
(5 874)
|
(5 928)
|
(5 983)
|
(6 201)
|
(6 626)
|
(6 824)
|
(7 014)
|
(7 140)
|
(7 432)
|
(7 743)
|
(8 063)
|
(8 582)
|
(8 996)
|
(9 164)
|
(9 390)
|
(9 502)
|
|
Selling, General & Administrative |
(3 305)
|
(3 308)
|
(3 527)
|
(3 758)
|
(4 001)
|
(4 120)
|
(4 382)
|
(4 507)
|
(4 569)
|
(4 757)
|
(4 871)
|
(4 887)
|
(4 965)
|
(4 979)
|
(5 022)
|
(5 188)
|
(5 314)
|
(5 136)
|
(5 488)
|
(5 578)
|
(5 710)
|
(5 277)
|
(5 941)
|
(6 117)
|
(6 139)
|
(5 680)
|
(6 190)
|
(6 191)
|
(6 343)
|
(5 925)
|
(6 771)
|
(7 067)
|
(7 297)
|
(6 694)
|
(7 831)
|
(8 163)
|
(8 628)
|
(8 267)
|
(9 303)
|
(9 484)
|
(9 599)
|
|
Depreciation & Amortization |
0
|
(96)
|
(30)
|
(79)
|
0
|
(170)
|
(96)
|
(96)
|
(145)
|
(188)
|
(188)
|
(205)
|
(217)
|
(224)
|
0
|
0
|
0
|
(229)
|
0
|
0
|
0
|
(509)
|
0
|
0
|
0
|
(461)
|
0
|
0
|
0
|
(643)
|
0
|
0
|
0
|
(800)
|
0
|
0
|
0
|
(829)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(29)
|
(99)
|
(42)
|
(22)
|
(74)
|
(465)
|
(464)
|
(440)
|
(443)
|
58
|
66
|
65
|
94
|
125
|
(50)
|
25
|
81
|
110
|
107
|
104
|
35
|
51
|
64
|
15
|
63
|
268
|
262
|
208
|
142
|
(59)
|
(54)
|
53
|
156
|
62
|
88
|
100
|
46
|
100
|
139
|
94
|
97
|
|
Operating Income |
1 852
N/A
|
2 078
+12%
|
2 302
+11%
|
2 453
+7%
|
2 619
+7%
|
2 023
-23%
|
1 916
-5%
|
1 858
-3%
|
1 815
-2%
|
2 365
+30%
|
2 536
+7%
|
2 679
+6%
|
2 682
+0%
|
2 813
+5%
|
2 767
-2%
|
2 858
+3%
|
2 890
+1%
|
2 994
+4%
|
3 004
+0%
|
2 958
-2%
|
2 956
0%
|
2 898
-2%
|
2 955
+2%
|
2 854
-3%
|
2 856
+0%
|
3 115
+9%
|
3 081
-1%
|
2 982
-3%
|
2 966
-1%
|
3 026
+2%
|
3 201
+6%
|
3 454
+8%
|
3 647
+6%
|
3 774
+3%
|
4 031
+7%
|
4 333
+8%
|
4 783
+10%
|
5 082
+6%
|
5 277
+4%
|
5 500
+4%
|
5 503
+0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(95)
|
156
|
175
|
157
|
106
|
(17)
|
(14)
|
42
|
97
|
133
|
215
|
133
|
85
|
337
|
330
|
507
|
631
|
426
|
415
|
332
|
183
|
164
|
155
|
126
|
89
|
87
|
98
|
72
|
157
|
100
|
(74)
|
(201)
|
(330)
|
(301)
|
(87)
|
53
|
188
|
44
|
(109)
|
(262)
|
(414)
|
|
Non-Reccuring Items |
0
|
34
|
1
|
5
|
0
|
13
|
5
|
(1)
|
(3)
|
(1)
|
(3)
|
2
|
(16)
|
(22)
|
(22)
|
(25)
|
(4)
|
3
|
5
|
13
|
92
|
92
|
256
|
267
|
165
|
140
|
(40)
|
(47)
|
(26)
|
(19)
|
(6)
|
(20)
|
(13)
|
58
|
11
|
(10)
|
(32)
|
(61)
|
(52)
|
(49)
|
(57)
|
|
Total Other Income |
(0)
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
1 757
N/A
|
2 268
+29%
|
2 478
+9%
|
2 614
+6%
|
2 725
+4%
|
2 019
-26%
|
1 907
-6%
|
1 899
0%
|
1 908
+0%
|
2 497
+31%
|
2 748
+10%
|
2 814
+2%
|
2 751
-2%
|
3 127
+14%
|
3 075
-2%
|
3 340
+9%
|
3 517
+5%
|
3 422
-3%
|
3 425
+0%
|
3 302
-4%
|
3 231
-2%
|
3 154
-2%
|
3 365
+7%
|
3 247
-4%
|
3 110
-4%
|
3 342
+7%
|
3 139
-6%
|
3 006
-4%
|
3 097
+3%
|
3 106
+0%
|
3 121
+0%
|
3 233
+4%
|
3 304
+2%
|
3 530
+7%
|
3 955
+12%
|
4 376
+11%
|
4 940
+13%
|
5 065
+3%
|
5 116
+1%
|
5 189
+1%
|
5 032
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(563)
|
(764)
|
(854)
|
(916)
|
(967)
|
(726)
|
(690)
|
(713)
|
(729)
|
(904)
|
(985)
|
(992)
|
(975)
|
(961)
|
(952)
|
(985)
|
(1 030)
|
(999)
|
(971)
|
(939)
|
(919)
|
(930)
|
(992)
|
(955)
|
(896)
|
(974)
|
(895)
|
(864)
|
(883)
|
(1 028)
|
(1 121)
|
(1 229)
|
(1 286)
|
(1 265)
|
(1 356)
|
(1 470)
|
(1 673)
|
(1 740)
|
(1 748)
|
(1 737)
|
(1 643)
|
|
Income from Continuing Operations |
1 195
|
1 504
|
1 624
|
1 698
|
1 758
|
1 293
|
1 218
|
1 186
|
1 179
|
1 593
|
1 763
|
1 823
|
1 776
|
2 166
|
2 122
|
2 355
|
2 487
|
2 424
|
2 454
|
2 363
|
2 312
|
2 224
|
2 373
|
2 292
|
2 214
|
2 368
|
2 244
|
2 142
|
2 214
|
2 078
|
2 001
|
2 004
|
2 018
|
2 266
|
2 599
|
2 906
|
3 266
|
3 326
|
3 368
|
3 452
|
3 389
|
|
Income to Minority Interest |
(576)
|
(733)
|
(802)
|
(834)
|
(870)
|
(904)
|
(890)
|
(901)
|
(901)
|
(875)
|
(951)
|
(966)
|
(960)
|
(1 120)
|
(1 118)
|
(1 227)
|
(1 290)
|
(1 268)
|
(1 283)
|
(1 231)
|
(1 217)
|
(1 210)
|
(1 343)
|
(1 433)
|
(1 500)
|
(1 540)
|
(1 482)
|
(1 388)
|
(1 374)
|
(1 353)
|
(1 295)
|
(1 296)
|
(1 324)
|
(1 489)
|
(1 667)
|
(1 802)
|
(1 960)
|
(2 005)
|
(1 994)
|
(2 023)
|
(2 001)
|
|
Net Income (Common) |
619
N/A
|
771
+25%
|
822
+7%
|
864
+5%
|
888
+3%
|
389
-56%
|
328
-16%
|
285
-13%
|
278
-2%
|
717
+159%
|
813
+13%
|
857
+5%
|
816
-5%
|
1 046
+28%
|
1 004
-4%
|
1 128
+12%
|
1 197
+6%
|
1 156
-3%
|
1 170
+1%
|
1 131
-3%
|
1 095
-3%
|
1 014
-7%
|
1 030
+2%
|
858
-17%
|
714
-17%
|
828
+16%
|
762
-8%
|
754
-1%
|
840
+11%
|
726
-14%
|
706
-3%
|
708
+0%
|
694
-2%
|
777
+12%
|
932
+20%
|
1 104
+18%
|
1 307
+18%
|
1 320
+1%
|
1 375
+4%
|
1 429
+4%
|
1 388
-3%
|
|
EPS (Diluted) |
1.43
N/A
|
1.81
+27%
|
1.92
+6%
|
1.99
+4%
|
2.09
+5%
|
0.9
-57%
|
0.75
-17%
|
0.65
-13%
|
0.65
N/A
|
1.66
+155%
|
1.88
+13%
|
1.98
+5%
|
1.89
-5%
|
2.43
+29%
|
2.34
-4%
|
2.64
+13%
|
2.8
+6%
|
2.72
-3%
|
2.79
+3%
|
2.72
-3%
|
2.65
-3%
|
2.48
-6%
|
2.6
+5%
|
2.19
-16%
|
1.84
-16%
|
2.17
+18%
|
2.07
-5%
|
2.07
N/A
|
2.32
+12%
|
2.02
-13%
|
2.02
N/A
|
2.04
+1%
|
2.03
0%
|
2.28
+12%
|
2.78
+22%
|
3.29
+18%
|
3.91
+19%
|
3.98
+2%
|
4.16
+5%
|
4.37
+5%
|
4.25
-3%
|