Mexican Economic Development Inc (FMX)
Mexican Economic Development Inc reported revenue of $37.5B in fiscal 2024, down 9.9% from a year earlier. Net income was $1.9B, a net margin of 5.1%. At December 31, 2024 it held $6.7B in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 24, 2026.
What Mexican Economic Development Inc does
Fomento Economico Mexicano, known as FEMSA, operates convenience store chains such as OXXO, drugstores, and gas stations across Latin America and Europe. It also produces and distributes Coca-Cola beverage products through its subsidiary Coca-Cola FEMSA and provides logistics and digital financial services. Its shares trade on NYSE under the ticker FMX.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2024 | $37.5B | $1.9B | n/a | n/a |
| 2023 | $41.6B | $4.5B | n/a | n/a |
| 2022 | $34.5B | $1.8B | n/a | n/a |
| 2021 | $27.1B | $1.8B | n/a | n/a |
| 2020 | $24.8B | $188M | n/a | n/a |
| 2019 | $26.9B | $1.5B | n/a | n/a |
Latest SEC filings
What Mexican Economic Development Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 23, 2026
- September 14, 2026
- July 30, 2026Passive stake (5% or more) SCHEDULE 13G
- July 28, 2026
- June 8, 2026
- May 28, 2026
- April 30, 2026
- April 24, 2026
- April 24, 2026Annual report (foreign issuer) 20-F · period to December 31, 2025
- April 2, 2026Activist stake changed SCHEDULE 13D/A
Questions about FMX
What does Mexican Economic Development Inc do?
Fomento Economico Mexicano, known as FEMSA, operates convenience store chains such as OXXO, drugstores, and gas stations across Latin America and Europe. It also produces and distributes Coca-Cola beverage products through its subsidiary Coca-Cola FEMSA and provides logistics and digital financial services. Its shares trade on NYSE under the ticker FMX.
Is Mexican Economic Development Inc profitable?
Yes. In fiscal 2024 it reported net income of $1.9B on revenue of $37.5B, a net margin of 5.1%.
How much revenue does Mexican Economic Development Inc make?
In fiscal 2024 Mexican Economic Development Inc reported revenue of $37.5B. That is 9.9% less than a year earlier.
When did Mexican Economic Development Inc last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 24, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 23, 2026.
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Follow FMX: get an email when it filesWhere the numbers come from
Financial figures are the values Mexican Economic Development Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.