# Fomento Económico Mexicano, S.A.B. de C.V. share price today (Fomento Económico Mexicano, S.A.B. de C.V., FMX)

> Fomento Económico Mexicano, S.A.B. de C.V.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. FMX · Consumer Staples · Beverages - Brewers · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/fmx

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## Key numbers

- Business trend: Getting better, from fewer quarters than usual
- Price: $127.03 (+34.6% in a year)
- P/E: 22.6×, against its own history
- Revenue (Jun 2026): MXN 231 B (+9.3% on a year ago)
- Profit (Jun 2026): MXN 9.2 B (+64.8% on a year ago)
- Operating margin: 8.0% (−0.3 points on a year ago)
- ROE: 10%, FY25
- ROIC: 13.4%, against a 5.1% cost of capital: +8.3 points

Biggest thing to watch: the price has already been rising for 5 weeks, so timing is the risk more than the business. ## What is the Fomento Económico Mexicano, S.A.B. de C.V. share price today? Fomento Económico Mexicano, S.A.B. de C.V.'s share price was $127.03 at the close on 3 November 2026. It has been rising for 5 weeks. That is 7.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between $94 and $129, and at that close it sat 93% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row. Over the last 10 years the share price moved +41% while the S&P 500 moved +255%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Fomento Económico Mexicano, S.A.B. de C.V. pay? Fomento Económico Mexicano, S.A.B. de C.V. declared MXN 4.58 per local share for Dec 2024. It reports in Mexican pesos, and one US-listed share can stand for several local shares, so we do not set this against the dollar price or show a yield. ## Which stock lists is Fomento Económico Mexicano, S.A.B. de C.V. on? Fomento Económico Mexicano, S.A.B. de C.V. is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Fomento Económico Mexicano, S.A.B. de C.V. profitable? Fomento Económico Mexicano, S.A.B. de C.V. earned MXN 9.2 B of net profit in the Jun 2026 quarter, +64.8% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY25 profit was MXN 33.1 B. Over 4 years profit has grown −3.2% a year on average. That is 4.0% of the quarter's revenue. The same quarter a year earlier earned MXN 5.6 B. For the full year, FY25 profit was MXN 33.1 B (−17.9% on the year before). Why profit moved: revenue changed +9.3% on a year earlier and the margin moved −0.3 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +39.6% and revenue +7.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. This company reports in Mexican pesos, not US dollars, so the money charts are left out here. The figures in the text are in that currency (MXN); nothing is converted. ## How much revenue does Fomento Económico Mexicano, S.A.B. de C.V. make, and is it growing? Fomento Económico Mexicano, S.A.B. de C.V. reported MXN 231 B of revenue in the Jun 2026 quarter, +9.3% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 13.6% a year on average. The last four reported quarters add to MXN 873 B. The last full year, FY25, came in at MXN 841 B. FY25 revenue was MXN 841 B, +7.6% on the year before. Recent pace: the last four quarters grew +7.5% on average, against 13.6% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +7.5%, against +8.6% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +36.3%, against +8.0% a year (accelerating). This company reports in Mexican pesos, not US dollars, so the money charts are left out here. The figures in the text are in that currency (MXN); nothing is converted. ## How much of its sales does Fomento Económico Mexicano, S.A.B. de C.V. keep? Fomento Económico Mexicano, S.A.B. de C.V.'s operating margin was 8.0% in the Jun 2026 quarter, 0.3 percentage points lower than the same quarter a year ago. Across 5 years it has been between 7.7% and 10.5%. The latest quarter is within that range. Why the margin moved: operating margin changed −0.3 percentage points on the year while gross margin changed −0.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Fomento Económico Mexicano, S.A.B. de C.V.'s profit turning into cash? Over the last 3 years, 129% of Fomento Económico Mexicano, S.A.B. de C.V.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in MXN 71.1 B of operating cash against MXN 33.1 B of profit. After MXN 38.5 B of spending on assets, MXN 32.6 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. This company reports in Mexican pesos, not US dollars, so the money charts are left out here. The figures in the text are in that currency (MXN); nothing is converted. ## Where does Fomento Económico Mexicano, S.A.B. de C.V.'s cash go? Fomento Económico Mexicano, S.A.B. de C.V. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent MXN 117 B on assets over the last 3 years. Averaged over those years that is 4.6% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: MXN 117 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. This company reports in Mexican pesos, not US dollars, so the money charts are left out here. The figures in the text are in that currency (MXN); nothing is converted. ## What is Fomento Económico Mexicano, S.A.B. de C.V.'s P/E ratio, and how does it compare with its own history? Fomento Económico Mexicano, S.A.B. de C.V.'s P/E is 22.6×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Fomento Económico Mexicano, S.A.B. de C.V. business getting better or worse? Fomento Económico Mexicano, S.A.B. de C.V.'s business is getting better. Profit growth hit its low 8 quarters ago at −55.7% and has recovered to +36.3%, with ROCE rising at 14.4%. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: a lasting rise from a low is what this page is built to show. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Fomento Económico Mexicano, S.A.B. de C.V. earn on its capital? Fomento Económico Mexicano, S.A.B. de C.V. earned a ROE of 10% in FY25. Its return on capital used (ROIC) is 8.3 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 3.9% net margin and 1.06× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 3.9% net margin × 1.06× asset turnover × 2.42× leverage (assets divided by equity) ≈ 10.0% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 13.4% − 5.1% = +8.3 percentage points. The 5.1% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 13.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 9.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Fomento Económico Mexicano, S.A.B. de C.V. have too much debt? Fomento Económico Mexicano, S.A.B. de C.V. has total debt of MXN 253 B against shareholder equity of MXN 301 B as of Jun 2026, so its debt is 0.84× its equity. Year by year, that ratio went from 0.75 in FY21 to 0.78 in FY25. Keep that borrowing in mind when reading the returns on this page. This company reports in Mexican pesos, not US dollars, so the money charts are left out here. The figures in the text are in that currency (MXN); nothing is converted. ## What is the Fomento Económico Mexicano, S.A.B. de C.V. shareholding pattern? We have no ownership or short-position figures for Fomento Económico Mexicano, S.A.B. de C.V., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 4.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Fomento Económico Mexicano, S.A.B. de C.V. from balance-sheet trouble? For Fomento Económico Mexicano, S.A.B. de C.V., the Z-score is 2.71. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.71 is in the grey area, neither clearly safe nor clearly in trouble. ## How does Fomento Económico Mexicano, S.A.B. de C.V. rank in its industry? There is no score against its industry: Fomento Económico Mexicano, S.A.B. de C.V. is not among the largest members shown in this industry comparison for Beverages - Brewers. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Fomento Económico Mexicano, S.A.B. de C.V. compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Fomento Económico Mexicano, S.A.B. de C.V. in size? Fomento Económico Mexicano, S.A.B. de C.V. is the 3rd largest of 7 Beverages - Brewers companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Anheuser-Busch InBev SA/NV and Ambev S.A. Just below it: Constellation Brands, Inc., Molson Coors Beverage Company, The Boston Beer Company, Inc. and Compañía Cervecerías Unidas S.A. ### Beverages - Brewers companies close in size

1. [Anheuser-Busch InBev SA/NV](https://www.sectoralpha.in/us/stocks/bud) $161.1 billion
2. [Ambev S.A.](https://www.sectoralpha.in/us/stocks/abev) $41.2 billion
3. Fomento Económico Mexicano, S.A.B. de C.V. $38.5 billion
4. [Constellation Brands, Inc.](https://www.sectoralpha.in/us/stocks/stz) $23.4 billion
5. [Molson Coors Beverage Company](https://www.sectoralpha.in/us/stocks/tap) $7.8 billion
6. [The Boston Beer Company, Inc.](https://www.sectoralpha.in/us/stocks/sam) $2.1 billion
7. [Compañía Cervecerías Unidas S.A.](https://www.sectoralpha.in/us/stocks/ccu) $1.9 billion

[All 7 Beverages - Brewers companies, largest first](https://www.sectoralpha.in/us/sectors/beverages-brewers#all-companies)

### Companies close in size in other industries

1. [Nebius Group N.V.](https://www.sectoralpha.in/us/stocks/nbis) $38.8 billion · Internet Content & Information
2. [WEC Energy Group, Inc.](https://www.sectoralpha.in/us/stocks/wec) $38.5 billion · Utilities - Regulated Electric
3. Fomento Económico Mexicano, S.A.B. de C.V. $38.3 billion
4. [Royalty Pharma plc](https://www.sectoralpha.in/us/stocks/rprx) $38.2 billion · Biotechnology
5. [Haleon plc](https://www.sectoralpha.in/us/stocks/hln) $38.2 billion · Drug Manufacturers - Specialty & Generic

## What else do people ask about Fomento Económico Mexicano, S.A.B. de C.V.? ### What were Fomento Económico Mexicano, S.A.B. de C.V.'s latest quarterly results? Fomento Económico Mexicano, S.A.B. de C.V. reported revenue of MXN 231 B and net profit of MXN 9.2 B for the Jun 2026 quarter. Revenue rose 9.3% and profit rose 64.8% compared with a year earlier. The operating margin was 8.0%, 0.3 percentage points lower than a year earlier (as of 3 November 2026). ### What is Fomento Económico Mexicano, S.A.B. de C.V.'s market cap? Fomento Económico Mexicano, S.A.B. de C.V.'s market capitalisation is $38.5 B at a stock price of $127.03. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Fomento Económico Mexicano, S.A.B. de C.V. performing? Fomento Económico Mexicano, S.A.B. de C.V.'s share price has been rising for 5 weeks. In its latest quarter, revenue rose 9.3% and profit rose 64.8% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 1 week running (as of 3 November 2026). ### Will Fomento Económico Mexicano, S.A.B. de C.V.'s stock price go up? This page does not forecast Fomento Económico Mexicano, S.A.B. de C.V.'s stock price. What it shows instead: the stock price is $127.03, and it has been rising for 5 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Does Fomento Económico Mexicano, S.A.B. de C.V. have too much debt? Fomento Económico Mexicano, S.A.B. de C.V. has a moderate amount of debt: its debt is 0.82× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Fomento Económico Mexicano, S.A.B. de C.V. in its business cycle? Fomento Económico Mexicano, S.A.B. de C.V.'s FY25 operating margin was 8.2%, against a 5-year range of 7.7% to 10.5%: the low end of its own range, which is often where recoveries start. The latest quarter was 8.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Fomento Económico Mexicano, S.A.B. de C.V. story? Biggest thing to watch: the price has already been rising for 5 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Fomento Económico Mexicano, S.A.B. de C.V. a stock worth studying right now? What the numbers show: Fomento Económico Mexicano, S.A.B. de C.V.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.