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Mexican Economic Development vs Zevia PBC: revenue, profit, margins and growth compared

Mexican Economic Development brought in $37.5B of revenue in fiscal 2024, Zevia PBC $161.3M in fiscal 2025. Revenue changed by -9.9% at Mexican Economic Development and +4.0% at Zevia PBC on the year before, so Zevia PBC grew faster. Mexican Economic Development kept 5.1% of its revenue as net profit, Zevia PBC -6.2%.

Side by side, latest fiscal year

FMXZVIA
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$37.5B$161.3M
Revenue growth-9.9%+4.0%
Net income$1.9B-$9.9M
Net margin5.1%-6.2%
Free cash flown/a-$5M
Free cash flow marginn/a-3.1%
Earnings per share (diluted)n/a-$0.15
Cash$6.7B$25.4M
Debtn/an/a
Price to earningsn/an/a
Market value$40.8B$102.9M
Dividend yieldn/an/a
Rank by revenue in sector#11 of 93 · Consumer staples#79 of 93 · Consumer staples

Over the years

Revenue
FMX FY2017: $23.4BFMX FY2018: $23.9BFMX FY2019: $26.9BFMX FY2020: $24.8BFMX FY2021: $27.1BFMX FY2022: $34.5BFMX FY2023: $41.6BFMX FY2024: $37.5BZVIA FY2021: $110MZVIA FY2021: $138.2MZVIA FY2022: $163.2MZVIA FY2023: $166.4MZVIA FY2024: $155MZVIA FY2025: $161.3MFY17FY18FY19FY20FY21FY22FY23FY24FY25
FMX $37.5BZVIA $161.3M
Net income
FMX FY2017: $2.2BFMX FY2018: $1.7BFMX FY2019: $1.5BFMX FY2020: $188MFMX FY2021: $1.8BFMX FY2022: $1.8BFMX FY2023: $4.5BFMX FY2024: $1.9BZVIA FY2021: -$6.1MZVIA FY2021: -$87.7MZVIA FY2022: -$47.6MZVIA FY2023: -$21.5MZVIA FY2024: -$20MZVIA FY2025: -$9.9MFY17FY18FY19FY20FY21FY22FY23FY24FY25
FMX $1.9BZVIA -$9.9M
Net margin
FMX FY2017: 9.2%FMX FY2018: 7.0%FMX FY2019: 5.5%FMX FY2020: 0.8%FMX FY2021: 6.8%FMX FY2022: 5.2%FMX FY2023: 10.9%FMX FY2024: 5.1%ZVIA FY2021: -5.5%ZVIA FY2021: -63.4%ZVIA FY2022: -29.2%ZVIA FY2023: -12.9%ZVIA FY2024: -12.9%ZVIA FY2025: -6.2%FY17FY18FY19FY20FY21FY22FY23FY24FY25
FMX 5.1%ZVIA -6.2%
Revenue growth
FMX FY2018: +2.0%FMX FY2019: +12.3%FMX FY2020: -7.8%FMX FY2021: +9.4%FMX FY2022: +27.3%FMX FY2023: +20.4%FMX FY2024: -9.9%ZVIA FY2021: +25.6%ZVIA FY2022: +18.1%ZVIA FY2023: +2.0%ZVIA FY2024: -6.8%ZVIA FY2025: +4.0%FY18FY19FY20FY21FY22FY23FY24FY25
FMX -9.9%ZVIA +4.0%
Free cash flow
FMX FY2017: $1BZVIA FY2021: -$4.1MZVIA FY2021: -$20.9MZVIA FY2022: -$23.4MZVIA FY2024: -$1.3MZVIA FY2025: -$5MFY17FY21FY22FY24FY25
FMX $1BZVIA -$5M

Fiscal years as each company reports them; the two may end in different months.

Questions about Mexican Economic Development and Zevia PBC

Which is bigger by revenue, Mexican Economic Development or Zevia PBC?

Mexican Economic Development is bigger by revenue: $37.5B in fiscal 2024, against $161.3M for Zevia PBC in fiscal 2025.

Which keeps more of its revenue as profit, Mexican Economic Development or Zevia PBC?

Mexican Economic Development had a net margin of 5.1% in fiscal 2024; Zevia PBC had -6.2% in fiscal 2025.

Which grew revenue faster, Mexican Economic Development or Zevia PBC?

In their latest fiscal years revenue changed by -9.9% at Mexican Economic Development and +4.0% at Zevia PBC.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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