Fomento Historical Income Statement

FMX Stock

USD 118.93 3.82 3.32%

Historical analysis of Fomento Economico income statement accounts such as Selling General Administrative of 33.9 B or Selling And Marketing Expenses of 198.2 B can show how well Fomento Economico Mexicano performed in making a profits. Evaluating Fomento Economico income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Fomento Economico's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Fomento Economico latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fomento Economico is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fomento Economico Mexicano. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

About Fomento Income Statement Analysis

Fomento Economico Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Fomento Economico shareholders. The income statement also shows Fomento investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Fomento Economico Income Statement Chart

Fomento Economico Mexicano Income Statement is one of the three primary financial statements used for reporting Fomento's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Fomento Economico revenue and expense. Fomento Economico Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Fomento Economico's Cost Of Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to rise to about 231 B in 2024, whereas Income Tax Expense is likely to drop slightly above 6.8 B in 2024.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit Income Tax Expense

Total Revenue

Total revenue comprises all receipts Fomento Economico generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Fomento Economico Mexicano minus its cost of goods sold. It is profit before Fomento Economico operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Fomento Economico's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Fomento Economico current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fomento Economico Mexicano. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

	2021	2022	2023	2024 (projected)
Interest Expense	16.9B	16.3B	15.3B	16.0B
Depreciation And Amortization	28.0B	30.5B	34.0B	35.7B

Interest Expense Depreciation And Amortization

Fomento Economico income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Net Income From Continuing Ops	Tax Provision	Interest Income	Discontinued Operations	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.95	0.97	0.97	0.97	0.97	0.97	0.49	0.42	0.76	0.96	0.97	0.78	0.51	0.67	0.72	0.01	0.47	0.88	0.2	0.8	0.2	0.91
Interest Expense	0.95		0.92	0.89	0.92	0.9	0.92	0.34	0.3	0.65	0.92	0.9	0.64	0.56	0.49	0.78	0.16	0.35	0.82	0.13	0.85	-0.03	0.84
Selling General Administrative	0.97	0.92		0.97	0.98	0.98	0.98	0.56	0.48	0.79	0.97	0.98	0.83	0.46	0.69	0.71	-0.1	0.52	0.85	0.12	0.77	0.22	0.89
Selling And Marketing Expenses	0.97	0.89	0.97		0.99	1.0	0.99	0.69	0.62	0.89	0.99	1.0	0.89	0.31	0.79	0.67	0.0	0.52	0.82	0.14	0.78	0.36	0.82
Total Revenue	0.97	0.92	0.98	0.99		1.0	1.0	0.65	0.59	0.87	1.0	0.99	0.87	0.35	0.74	0.72	0.05	0.52	0.81	0.07	0.82	0.27	0.82
Gross Profit	0.97	0.9	0.98	1.0	1.0		1.0	0.67	0.6	0.87	0.99	1.0	0.89	0.34	0.76	0.7	0.0	0.51	0.82	0.11	0.79	0.31	0.83
Other Operating Expenses	0.97	0.92	0.98	0.99	1.0	1.0		0.65	0.59	0.87	1.0	1.0	0.87	0.35	0.74	0.71	0.06	0.53	0.81	0.08	0.83	0.27	0.82
Operating Income	0.49	0.34	0.56	0.69	0.65	0.67	0.65		0.94	0.9	0.64	0.67	0.88	-0.36	0.9	0.23	-0.08	0.53	0.38	-0.12	0.42	0.73	0.28
Ebit	0.42	0.3	0.48	0.62	0.59	0.6	0.59	0.94		0.91	0.59	0.6	0.83	-0.33	0.87	0.22	0.07	0.52	0.31	-0.24	0.44	0.63	0.17
Ebitda	0.76	0.65	0.79	0.89	0.87	0.87	0.87	0.9	0.91		0.86	0.87	0.95	0.0	0.93	0.48	0.05	0.59	0.62	-0.08	0.68	0.55	0.54
Cost Of Revenue	0.96	0.92	0.97	0.99	1.0	0.99	1.0	0.64	0.59	0.86		0.99	0.86	0.35	0.72	0.72	0.09	0.53	0.8	0.05	0.84	0.24	0.81
Total Operating Expenses	0.97	0.9	0.98	1.0	0.99	1.0	1.0	0.67	0.6	0.87	0.99		0.88	0.34	0.77	0.68	0.0	0.52	0.83	0.14	0.79	0.33	0.84
Income Before Tax	0.78	0.64	0.83	0.89	0.87	0.89	0.87	0.88	0.83	0.95	0.86	0.88		0.12	0.93	0.5	-0.16	0.63	0.66	-0.06	0.59	0.55	0.63
Total Other Income Expense Net	0.51	0.56	0.46	0.31	0.35	0.34	0.35	-0.36	-0.33	0.0	0.35	0.34	0.12		-0.05	0.5	-0.16	0.12	0.49	0.15	0.29	-0.44	0.66
Net Income	0.67	0.49	0.69	0.79	0.74	0.76	0.74	0.9	0.87	0.93	0.72	0.77	0.93	-0.05		0.26	-0.17	0.64	0.61	0.01	0.5	0.75	0.53
Income Tax Expense	0.72	0.78	0.71	0.67	0.72	0.7	0.71	0.23	0.22	0.48	0.72	0.68	0.5	0.5	0.26		0.21	0.33	0.7	0.13	0.69	-0.3	0.64
Minority Interest	0.01	0.16	-0.1	0.0	0.05	0.0	0.06	-0.08	0.07	0.05	0.09	0.0	-0.16	-0.16	-0.17	0.21		-0.01	-0.13	-0.17	0.49	-0.31	-0.24
Net Income From Continuing Ops	0.47	0.35	0.52	0.52	0.52	0.51	0.53	0.53	0.52	0.59	0.53	0.52	0.63	0.12	0.64	0.33	-0.01		0.54	-0.25	0.6	0.32	0.46
Tax Provision	0.88	0.82	0.85	0.82	0.81	0.82	0.81	0.38	0.31	0.62	0.8	0.83	0.66	0.49	0.61	0.7	-0.13	0.54		0.43	0.69	0.25	0.93
Interest Income	0.2	0.13	0.12	0.14	0.07	0.11	0.08	-0.12	-0.24	-0.08	0.05	0.14	-0.06	0.15	0.01	0.13	-0.17	-0.25	0.43		-0.07	0.25	0.39
Discontinued Operations	0.8	0.85	0.77	0.78	0.82	0.79	0.83	0.42	0.44	0.68	0.84	0.79	0.59	0.29	0.5	0.69	0.49	0.6	0.69	-0.07		0.02	0.62
Net Interest Income	0.2	-0.03	0.22	0.36	0.27	0.31	0.27	0.73	0.63	0.55	0.24	0.33	0.55	-0.44	0.75	-0.3	-0.31	0.32	0.25	0.25	0.02		0.17
Reconciled Depreciation	0.91	0.84	0.89	0.82	0.82	0.83	0.82	0.28	0.17	0.54	0.81	0.84	0.63	0.66	0.53	0.64	-0.24	0.46	0.93	0.39	0.62	0.17

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Fomento Economico Account Relationship Matchups

Fomento Economico income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	25.8B	28.0B	28.0B	30.5B	34.0B	35.7B
Interest Expense	14.1B	17.5B	16.9B	16.3B	15.3B	16.0B
Selling General Administrative	19.9B	23.0B	27.2B	34.5B	32.3B	33.9B
Selling And Marketing Expenses	121.9B	123.4B	134.1B	157.3B	188.7B	198.2B
Total Revenue	506.7B	493.0B	556.3B	673.2B	702.7B	737.8B
Gross Profit	191.5B	189.7B	213.7B	251.7B	277.4B	291.3B
Other Operating Expenses	459.6B	451.5B	504.3B	613.8B	645.2B	677.5B
Operating Income	22.9B	8.0B	28.9B	31.4B	57.5B	60.3B
Ebit	22.9B	8.0B	28.9B	31.4B	57.5B	60.3B
Ebitda	48.7B	36.1B	56.9B	61.9B	91.5B	96.1B
Cost Of Revenue	315.2B	303.3B	342.5B	421.5B	425.3B	446.5B
Total Operating Expenses	144.3B	148.2B	161.7B	192.3B	220.0B	231.0B
Income Before Tax	32.1B	18.9B	41.3B	41.9B	57.8B	60.7B
Total Other Income Expense Net	9.2B	10.9B	12.4B	10.5B	346M	363.3M
Net Income	20.7B	4.1B	28.5B	23.9B	65.7B	69.0B
Income Tax Expense	10.5B	14.8B	14.3B	13.5B	13.0B	6.8B
Net Income Applicable To Common Shares	20.7B	(1.9B)	28.5B	24.8B	28.5B	29.9B
Minority Interest	73.8B	69.4B	(9.2B)	(10.8B)	(12.1B)	(11.4B)
Net Income From Continuing Ops	28.0B	3.8B	37.7B	35.6B	51.8B	27.5B
Tax Provision	10.5B	14.8B	14.3B	13.5B	19.7B	13.3B
Interest Income	5.8B	15.6B	1.5B	5.2B	14.1B	7.3B
Net Interest Income	(11.0B)	(15.3B)	(14.7B)	(12.7B)	2.4B	2.5B
Reconciled Depreciation	25.8B	28.0B	28.0B	30.5B	34.0B	28.5B

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When determining whether Fomento Economico offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fomento Economico's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fomento Economico Mexicano Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fomento Economico Mexicano Stock:

How To Invest In Fomento

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Is Fomento Stock a good investment?

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What is Fomento Economico's Net Worth?

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When running Fomento Economico's price analysis, check to measure Fomento Economico's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fomento Economico is operating at the current time. Most of Fomento Economico's value examination focuses on studying past and present price action to predict the probability of Fomento Economico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomento Economico's price. Additionally, you may evaluate how the addition of Fomento Economico to your portfolios can decrease your overall portfolio volatility.

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Is Fomento Economico's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fomento Economico. If investors know Fomento will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fomento Economico listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.94)

Dividend Share

4.397

Earnings Share

4.89

Revenue Per Share

2 K

Quarterly Revenue Growth

(0.01)

The market value of Fomento Economico is measured differently than its book value, which is the value of Fomento that is recorded on the company's balance sheet. Investors also form their own opinion of Fomento Economico's value that differs from its market value or its book value, called intrinsic value, which is Fomento Economico's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fomento Economico's market value can be influenced by many factors that don't directly affect Fomento Economico's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Fomento Economico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fomento Economico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fomento Economico's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Fomento Historical Income Statement

About Fomento Income Statement Analysis

Fomento Economico Income Statement Chart

Total Revenue

Gross Profit

Fomento Economico income statement Correlations

Fomento Economico Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fomento Economico income statement Accounts

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COMMON DESTINATIONS

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COMPANY

Gross Profit	+ 1.0	Selling And Marketing Expenses
Total Operating Expenses	+ 1.0	Selling And Marketing Expenses
Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Gross Profit

Net Interest Income	- 0.44	Total Other Income Expense Net
Total Other Income Expense Net	- 0.36	Operating Income
Total Other Income Expense Net	- 0.33	Ebit
Net Interest Income	- 0.31	Minority Interest
Net Interest Income	- 0.3	Income Tax Expense
Interest Income	- 0.25	Net Income From Continuing Ops