Fomento Economico Mexicano S.A.B. de C.V.

FMX Consumer Defensive Beverages Brewers

Fomento Economico Mexicano S.A.B. de C.V.’s revenue for fiscal 2025 (year ended December 2025) was $46.7 billion, up 24.6% from fiscal 2024.

Revenue
+18.4%
EPS
+373.0%
Free cash flow
+401.8%
Total debt
+6.75%

Quarter to September 2026, against a year earlier

129.68 1.63 +1.27%
Market cap
$25.8B
P/E
19.5×
Fwd P/E
—
Dividend yield
3.52%
F-score
5/9
Altman Z
2.79
Beneish M
−2.45
Dividend safety
16/100

Fomento Economico Mexicano S.A.B. de C.V. (FMX) Operating margin

Alert me on Operating margin

Fomento Economico Mexicano S.A.B. de C.V.'s operating margin over the twelve months to 30 September 2026 was 8.53%, down 0.1 percentage points from fiscal 2025 (8.67%). Over the past ten years it has ranged from 8.67% (fiscal 2025) to 11.3% (fiscal 2015) — the current reading is the lowest in ten years. That is in line with the Beverages Brewers industry median of 8.53% and above the Consumer Defensive sector median of 1.70%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 8.67% (0.35)
FY2024 9.02% (1.16)
FY2023 10.2% 1.29
FY2022 8.89% (0.53)
FY2021 9.42% 0.65
FY2020 8.77% (1.03)
FY2019 9.80% 0.58
FY2018 9.22% 0.03
FY2017 9.19% (0.31)
FY2016 9.50% (1.76)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 8.45% 0.18
Jun 2026 8.27% 1.38
Mar 2026 6.89% (3.27)
Dec 2025 10.2% 1.72
41 more quarters

Against its own ten years

Low 8.67% High 11.3%
Ten-year median 9.22%
Current reading's percentile 12

Operating margin against peers

Company Operating margin
STZ Constellation Brands Inc compare 30.2%
ABEV Ambev S.A. compare 26.6%
BUD Anheuser-Busch InBev SA/NV compare 26.3%
FMX Fomento Economico Mexicano S.A.B. de C.V. 8.53%
CCU Compania Cervecerias Unidas, S.A. compare 7.32%
TAP Molson Coors Beverage Company compare 0.00%
SAM The Boston Beer Company, Inc. compare −5.05%
Beverages Brewers industry median 8.53%
Consumer Defensive sector median 1.70%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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