Fomento Económico Mexicano. de Past Earnings Performance
Past criteria checks 2/6
Fomento Económico Mexicano. de has been growing earnings at an average annual rate of 15.6%, while the Beverage industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 9.6% per year. Fomento Económico Mexicano. de's return on equity is 11.3%, and it has net margins of 3.8%.
Key information
15.6%
Earnings growth rate
15.6%
EPS growth rate
Beverage Industry Growth | 4.4% |
Revenue growth rate | 9.6% |
Return on equity | 11.3% |
Net Margin | 3.8% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
FEMSA Undervalued Despite Ongoing Excellence Of Execution
Oct 30FEMSA Propelled Higher By Healthy Results And Capital Redeployment Opportunities
Aug 17FEMSA: Still Cheaply Priced As 'Femsa Forward' Catalyzes Value Unlocking
Jun 29Fomento Economico Mexicano reports Q4 results
Feb 24Fomento Economico Mexicano reports Q3 results
Oct 28FEMSA Following Its Plan, No Matter The Cost To Sentiment
Oct 20FEMSA: Going Back To Basics With Valora Acquisition
Aug 08Fomento Economico Mexicano reports Q2 results
Jul 28FEMSA: This Mexican Giant Is Much More Than Sum Of Its Parts
May 24FEMSA Has The Pieces In Place For The Next Round Of Growth
Mar 07FEMSA Undervalued As Latin American Consumers Recover
Aug 20Fomento Economico Mexicano goes ex-dividend tomorrow
May 03Reduced Consumer Activity Continues To Pummel FEMSA
Nov 02Fomento Economico Mexicano reports Q3 results
Oct 28Revenue & Expenses BreakdownBeta
How Fomento Económico Mexicano. de makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 24 | 720,789 | 27,482 | 226,151 | 0 |
31 Dec 23 | 702,692 | 33,451 | 221,629 | 0 |
30 Sep 23 | 760,872 | 39,929 | 225,032 | 0 |
30 Jun 23 | 730,471 | 34,858 | 213,412 | 0 |
31 Mar 23 | 705,303 | 28,809 | 204,446 | 0 |
31 Dec 22 | 597,008 | 22,486 | 177,775 | 0 |
30 Sep 22 | 603,428 | 19,199 | 174,107 | 0 |
30 Jun 22 | 588,178 | 27,465 | 169,491 | 0 |
31 Mar 22 | 579,529 | 26,495 | 167,658 | 0 |
31 Dec 21 | 505,460 | 20,231 | 152,468 | 0 |
30 Sep 21 | 534,086 | 20,530 | 155,207 | 0 |
30 Jun 21 | 518,144 | 9,638 | 152,022 | 0 |
31 Mar 21 | 495,261 | -5,145 | 147,562 | 0 |
31 Dec 20 | 492,966 | -1,930 | 146,849 | 0 |
30 Sep 20 | 495,676 | 4,112 | 146,151 | 0 |
30 Jun 20 | 499,645 | 8,163 | 145,323 | 0 |
31 Mar 20 | 512,755 | 26,238 | 144,697 | 0 |
31 Dec 19 | 506,711 | 20,699 | 142,183 | 0 |
30 Sep 19 | 500,897 | 25,801 | 140,620 | 0 |
30 Jun 19 | 488,798 | 22,810 | 137,493 | 0 |
31 Mar 19 | 476,155 | 24,852 | 134,566 | 0 |
31 Dec 18 | 469,744 | 22,560 | 132,259 | 0 |
30 Sep 18 | 456,436 | 14,850 | 126,859 | 0 |
30 Jun 18 | 447,814 | 43,002 | 123,925 | 0 |
31 Mar 18 | 440,460 | 37,223 | 121,658 | 0 |
31 Dec 17 | 439,932 | 40,864 | 121,419 | 0 |
30 Sep 17 | 444,070 | 45,331 | 123,081 | 0 |
30 Jun 17 | 434,646 | 19,586 | 120,194 | 0 |
31 Mar 17 | 423,254 | 21,740 | 117,230 | 0 |
31 Dec 16 | 399,507 | 21,140 | 110,478 | 0 |
30 Sep 16 | 373,563 | 20,114 | 103,548 | 0 |
30 Jun 16 | 352,001 | 18,398 | 98,194 | 0 |
31 Mar 16 | 331,739 | 17,533 | 92,794 | 0 |
31 Dec 15 | 311,589 | 17,683 | 88,201 | 0 |
30 Sep 15 | 274,663 | 18,356 | 77,088 | 0 |
30 Jun 15 | 268,290 | 18,188 | 77,574 | 0 |
31 Mar 15 | 263,266 | 17,268 | 78,145 | 0 |
31 Dec 14 | 263,449 | 16,701 | 79,601 | 0 |
30 Sep 14 | 282,262 | 15,563 | 86,890 | 0 |
30 Jun 14 | 273,848 | 15,236 | 84,409 | 0 |
31 Mar 14 | 266,361 | 15,844 | 82,200 | 0 |
31 Dec 13 | 258,097 | 15,922 | 79,704 | 0 |
30 Sep 13 | 249,748 | 20,487 | 76,739 | 0 |
30 Jun 13 | 245,445 | 20,734 | 74,924 | 0 |
Quality Earnings: FMX has high quality earnings.
Growing Profit Margin: FMX's current net profit margins (3.8%) are lower than last year (4.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FMX's earnings have grown by 15.6% per year over the past 5 years.
Accelerating Growth: FMX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FMX had negative earnings growth (-4.6%) over the past year, making it difficult to compare to the Beverage industry average (32.7%).
Return on Equity
High ROE: FMX's Return on Equity (11.3%) is considered low.