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

128.99 1.19 −0.91%
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) Return on invested capital

Alert me on Return on invested capital

Fomento Economico Mexicano S.A.B. de C.V.'s return on invested capital over the twelve months to 30 September 2026 was 14.5%, up 1.7 percentage points from fiscal 2025 (12.8%). Over the past ten years it has ranged from 6.26% (fiscal 2016) to 14.6% (fiscal 2023); the current reading is higher than 82% of that period. That is above the Beverages Brewers industry median of 5.99% and above the Consumer Defensive sector median of 0.96%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 12.8% (0.01)
FY2024 12.8% (1.81)
FY2023 14.6% 5.98
FY2022 8.61% 0.45
FY2021 8.16% 1.17
FY2020 6.99% (1.52)
FY2019 8.51% 1.20
FY2018 7.31% 0.13
FY2017 7.18% 0.92
FY2016 6.26% (1.01)

Against its own ten years

Low 6.26% High 14.6%
Ten-year median 8.16%
Current reading's percentile 82

Return on invested capital against peers

Company Return on invested capital
ABEV Ambev S.A. compare 19.5%
FMX Fomento Economico Mexicano S.A.B. de C.V. 14.5%
STZ Constellation Brands Inc compare 9.11%
CCU Compania Cervecerias Unidas, S.A. compare 5.99%
TAP Molson Coors Beverage Company compare 5.15%
BUD Anheuser-Busch InBev SA/NV compare 0.00%
SAM The Boston Beer Company, Inc. compare −14.1%
Beverages Brewers industry median 5.99%
Consumer Defensive sector median 0.96%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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