
Fomento Economico Mexicano SAB de CV
NYSE:FMX

Income Statement
Earnings Waterfall
Fomento Economico Mexicano SAB de CV
Revenue
|
781.6B
MXN
|
Cost of Revenue
|
-460.2B
MXN
|
Gross Profit
|
321.4B
MXN
|
Operating Expenses
|
-256.8B
MXN
|
Operating Income
|
64.6B
MXN
|
Other Expenses
|
-36.4B
MXN
|
Net Income
|
28.2B
MXN
|
Income Statement
Fomento Economico Mexicano SAB de CV
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 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
263 448
N/A
|
263 265
0%
|
268 290
+2%
|
290 152
+8%
|
311 589
+7%
|
329 615
+6%
|
349 877
+6%
|
379 069
+8%
|
399 507
+5%
|
423 253
+6%
|
434 646
+3%
|
436 440
+0%
|
439 932
+1%
|
440 461
+0%
|
447 814
+2%
|
456 436
+2%
|
469 744
+3%
|
476 153
+1%
|
489 448
+3%
|
745 499
+52%
|
506 711
-32%
|
757 126
+49%
|
865 568
+14%
|
853 782
-1%
|
492 966
-42%
|
854 118
+73%
|
879 296
+3%
|
921 378
+5%
|
556 261
-40%
|
965 859
+74%
|
1 019 611
+6%
|
786 556
-23%
|
597 008
-24%
|
853 068
+43%
|
888 500
+4%
|
904 931
+2%
|
702 692
-22%
|
879 455
+25%
|
904 531
+3%
|
913 207
+1%
|
781 585
-14%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(153 279)
|
(155 135)
|
(159 458)
|
(173 319)
|
(188 410)
|
(202 233)
|
(216 362)
|
(237 169)
|
(251 303)
|
(267 169)
|
(275 617)
|
(277 053)
|
(277 842)
|
(277 608)
|
(281 376)
|
(286 301)
|
(294 574)
|
(297 752)
|
(305 616)
|
(465 481)
|
(315 230)
|
(471 946)
|
(538 965)
|
(529 035)
|
(303 313)
|
(528 603)
|
(542 584)
|
(568 501)
|
(342 548)
|
(597 101)
|
(634 601)
|
(492 698)
|
(355 490)
|
(534 455)
|
(552 901)
|
(559 900)
|
(423 185)
|
(531 608)
|
(539 443)
|
(540 832)
|
(460 168)
|
|
Gross Profit |
110 171
N/A
|
108 131
-2%
|
108 833
+1%
|
116 833
+7%
|
123 179
+5%
|
127 382
+3%
|
133 515
+5%
|
141 900
+6%
|
148 204
+4%
|
156 084
+5%
|
159 029
+2%
|
159 387
+0%
|
162 090
+2%
|
162 853
+0%
|
166 438
+2%
|
170 135
+2%
|
175 170
+3%
|
178 401
+2%
|
183 832
+3%
|
280 018
+52%
|
191 481
-32%
|
285 180
+49%
|
326 603
+15%
|
324 747
-1%
|
189 653
-42%
|
325 515
+72%
|
336 712
+3%
|
352 877
+5%
|
213 713
-39%
|
368 757
+73%
|
385 010
+4%
|
293 858
-24%
|
241 518
-18%
|
318 613
+32%
|
335 599
+5%
|
345 030
+3%
|
279 507
-19%
|
347 846
+24%
|
365 088
+5%
|
372 375
+2%
|
321 417
-14%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(79 679)
|
(77 892)
|
(78 464)
|
(84 510)
|
(90 513)
|
(94 423)
|
(100 279)
|
(109 855)
|
(115 199)
|
(118 639)
|
(123 485)
|
(93 623)
|
(120 568)
|
(126 319)
|
(126 587)
|
(158 006)
|
(133 397)
|
(136 779)
|
(139 886)
|
(212 778)
|
(143 768)
|
(217 604)
|
(260 913)
|
(273 063)
|
(149 564)
|
(271 200)
|
(268 017)
|
(263 729)
|
(157 365)
|
(277 670)
|
(291 327)
|
(224 920)
|
(178 051)
|
(248 340)
|
(255 124)
|
(263 131)
|
(223 444)
|
(270 103)
|
(294 763)
|
(300 869)
|
(256 807)
|
|
Selling, General & Administrative |
(80 189)
|
(78 733)
|
(78 161)
|
(83 303)
|
(87 537)
|
(92 319)
|
(97 719)
|
(105 488)
|
(109 440)
|
(117 029)
|
(119 993)
|
(120 465)
|
(119 975)
|
(121 342)
|
(123 608)
|
(126 543)
|
(130 372)
|
(134 193)
|
(137 359)
|
(208 848)
|
(140 306)
|
(212 826)
|
(249 224)
|
(252 859)
|
(144 216)
|
(254 530)
|
(259 703)
|
(268 480)
|
(158 858)
|
(280 491)
|
(293 160)
|
(223 973)
|
(174 733)
|
(246 502)
|
(262 582)
|
(271 246)
|
(218 973)
|
(276 202)
|
(290 861)
|
(296 690)
|
(250 955)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(543)
|
0
|
0
|
0
|
(837)
|
0
|
0
|
0
|
(1 127)
|
0
|
0
|
0
|
(1 514)
|
0
|
0
|
0
|
(1 495)
|
0
|
0
|
0
|
(2 177)
|
0
|
0
|
0
|
(2 440)
|
0
|
0
|
0
|
(2 489)
|
0
|
0
|
0
|
(2 066)
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
509
|
841
|
(303)
|
(1 207)
|
(2 433)
|
(2 104)
|
(2 560)
|
(4 368)
|
(4 922)
|
(1 611)
|
(3 494)
|
26 840
|
534
|
(4 978)
|
(2 979)
|
(31 462)
|
(1 511)
|
(2 586)
|
(2 526)
|
(3 930)
|
(1 967)
|
(4 778)
|
(11 689)
|
(20 203)
|
(3 171)
|
(16 670)
|
(8 314)
|
4 751
|
3 933
|
2 821
|
1 833
|
(948)
|
(829)
|
(1 838)
|
7 459
|
8 115
|
(2 405)
|
6 099
|
(3 903)
|
(4 179)
|
(5 852)
|
|
Operating Income |
30 491
N/A
|
30 239
-1%
|
30 369
+0%
|
32 323
+6%
|
32 666
+1%
|
32 959
+1%
|
33 236
+1%
|
32 044
-4%
|
33 005
+3%
|
37 444
+13%
|
35 542
-5%
|
65 763
+85%
|
41 522
-37%
|
36 533
-12%
|
39 851
+9%
|
12 130
-70%
|
41 773
+244%
|
41 623
0%
|
43 946
+6%
|
67 240
+53%
|
47 713
-29%
|
67 575
+42%
|
65 689
-3%
|
51 685
-21%
|
40 089
-22%
|
54 315
+35%
|
68 695
+26%
|
89 148
+30%
|
56 348
-37%
|
91 087
+62%
|
93 683
+3%
|
68 938
-26%
|
63 467
-8%
|
70 273
+11%
|
80 476
+15%
|
81 900
+2%
|
56 063
-32%
|
77 744
+39%
|
70 325
-10%
|
71 506
+2%
|
64 610
-10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1 289)
|
(785)
|
(397)
|
(569)
|
(7 261)
|
(2 021)
|
(2 242)
|
(1 062)
|
(4 154)
|
(2 505)
|
(3 155)
|
(2 697)
|
1 423
|
(1 986)
|
4 169
|
1 217
|
(4 310)
|
1 901
|
(4 324)
|
(6 122)
|
(5 793)
|
(4 870)
|
(5 088)
|
(6 006)
|
(14 687)
|
(18 773)
|
(24 579)
|
(22 166)
|
(13 628)
|
(14 952)
|
(14 784)
|
(9 671)
|
(16 233)
|
(12 217)
|
(9 998)
|
(8 622)
|
3 911
|
(9 563)
|
(3 670)
|
(6 483)
|
1 623
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
115
|
0
|
0
|
0
|
170
|
0
|
0
|
0
|
(2 449)
|
0
|
0
|
0
|
(763)
|
0
|
0
|
0
|
(1 925)
|
0
|
0
|
0
|
(5 867)
|
0
|
0
|
0
|
(1 773)
|
0
|
0
|
0
|
(1 129)
|
0
|
0
|
0
|
(841)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(319)
|
(195)
|
198
|
(113)
|
(357)
|
45
|
325
|
1 584
|
(465)
|
2 600
|
2 959
|
2 995
|
(4 725)
|
2 766
|
2 145
|
965
|
(3 070)
|
218
|
190
|
187
|
(7 699)
|
329
|
535
|
684
|
(224)
|
735
|
872
|
1 078
|
244
|
1 206
|
1 192
|
850
|
391
|
(2 341)
|
(2 531)
|
(2 643)
|
(1 317)
|
(1 314)
|
(1 385)
|
(1 299)
|
0
|
|
Pre-Tax Income |
28 882
N/A
|
29 260
+1%
|
30 171
+3%
|
31 642
+5%
|
25 163
-20%
|
30 984
+23%
|
31 321
+1%
|
32 566
+4%
|
28 556
-12%
|
37 541
+31%
|
35 348
-6%
|
66 063
+87%
|
35 771
-46%
|
37 313
+4%
|
46 167
+24%
|
14 313
-69%
|
33 630
+135%
|
43 742
+30%
|
39 813
-9%
|
61 304
+54%
|
32 296
-47%
|
63 035
+95%
|
61 136
-3%
|
46 363
-24%
|
19 311
-58%
|
36 277
+88%
|
44 989
+24%
|
68 059
+51%
|
41 191
-39%
|
77 341
+88%
|
80 090
+4%
|
60 117
-25%
|
46 496
-23%
|
55 715
+20%
|
67 947
+22%
|
70 635
+4%
|
57 816
-18%
|
66 867
+16%
|
65 270
-2%
|
63 724
-2%
|
66 233
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(6 252)
|
(6 139)
|
(6 144)
|
(7 334)
|
(7 932)
|
(7 916)
|
(7 530)
|
(6 915)
|
(7 888)
|
(7 823)
|
(7 307)
|
(12 241)
|
(10 213)
|
(9 295)
|
(12 149)
|
(7 808)
|
(10 169)
|
(11 596)
|
(9 563)
|
(15 270)
|
(10 476)
|
(17 372)
|
(25 654)
|
(29 829)
|
(14 819)
|
(27 935)
|
(23 451)
|
(21 971)
|
(14 278)
|
(22 281)
|
(23 024)
|
(17 361)
|
(13 275)
|
(18 712)
|
(21 887)
|
(23 905)
|
(12 971)
|
(16 352)
|
(16 411)
|
(15 807)
|
(24 661)
|
|
Income from Continuing Operations |
22 629
|
23 120
|
24 025
|
24 307
|
17 231
|
23 067
|
23 791
|
25 651
|
20 668
|
29 719
|
28 042
|
53 823
|
25 558
|
28 018
|
34 018
|
6 505
|
23 461
|
32 146
|
30 250
|
46 034
|
21 820
|
45 663
|
35 481
|
16 535
|
4 492
|
8 343
|
21 538
|
46 089
|
26 913
|
55 060
|
57 067
|
42 756
|
33 221
|
37 003
|
46 060
|
46 729
|
44 845
|
50 514
|
48 858
|
47 918
|
41 572
|
|
Income to Minority Interest |
(5 928)
|
(5 852)
|
(5 832)
|
(5 007)
|
(5 593)
|
(5 735)
|
(5 593)
|
(5 746)
|
(6 035)
|
(7 977)
|
(8 455)
|
(8 482)
|
5 202
|
7 024
|
6 803
|
6 164
|
(9 089)
|
(9 229)
|
(9 358)
|
(13 520)
|
(7 349)
|
(10 786)
|
(10 916)
|
(8 561)
|
(5 686)
|
(9 622)
|
(11 248)
|
(13 337)
|
(9 183)
|
(14 912)
|
(15 337)
|
(12 057)
|
(10 834)
|
(13 085)
|
(13 805)
|
(14 301)
|
(10 988)
|
(13 902)
|
(14 876)
|
(15 205)
|
(13 501)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
6 045
|
0
|
0
|
0
|
6 507
|
0
|
0
|
0
|
7 923
|
0
|
0
|
0
|
6 252
|
0
|
0
|
0
|
6 228
|
0
|
0
|
0
|
(736)
|
0
|
0
|
0
|
10 765
|
0
|
0
|
0
|
99
|
0
|
0
|
0
|
(406)
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
16 701
N/A
|
17 183
+3%
|
18 193
+6%
|
19 300
+6%
|
17 683
-8%
|
17 331
-2%
|
18 196
+5%
|
19 903
+9%
|
21 140
+6%
|
21 741
+3%
|
20 272
-7%
|
46 041
+127%
|
42 408
-8%
|
38 819
-8%
|
44 028
+13%
|
16 271
-63%
|
23 990
+47%
|
26 232
+9%
|
24 092
-8%
|
35 305
+47%
|
20 699
-41%
|
34 877
+68%
|
24 565
-30%
|
7 974
-68%
|
(1 930)
N/A
|
(1 279)
+34%
|
10 289
N/A
|
32 752
+218%
|
28 495
-13%
|
40 149
+41%
|
41 730
+4%
|
30 699
-26%
|
23 909
-22%
|
71 981
+201%
|
116 972
+63%
|
115 965
-1%
|
65 689
-43%
|
68 556
+4%
|
29 799
-57%
|
25 956
-13%
|
28 185
+9%
|
|
EPS (Diluted) |
0.94
N/A
|
0.97
+3%
|
1
+3%
|
1.09
+9%
|
0.99
-9%
|
0.97
-2%
|
1.02
+5%
|
1.11
+9%
|
1.18
+6%
|
1.21
+3%
|
1.12
-7%
|
2.57
+129%
|
11.85
+361%
|
2.16
-82%
|
2.43
+13%
|
0.9
-63%
|
1.34
+49%
|
1.46
+9%
|
1.34
-8%
|
1.97
+47%
|
5.78
+193%
|
1.95
-66%
|
1.37
-30%
|
0.45
-67%
|
-0.11
N/A
|
-0.07
+36%
|
0.58
N/A
|
1.83
+216%
|
1.59
-13%
|
2.24
+41%
|
2.33
+4%
|
1.72
-26%
|
1.33
-23%
|
4.02
+202%
|
6.53
+62%
|
6.48
-1%
|
3.67
-43%
|
3.83
+4%
|
1.66
-57%
|
1.45
-13%
|
1.57
+8%
|