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.
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.
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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. Add Fundamental
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. 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.
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 |
Fomento Economico income statement Correlations
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Fomento Economico Account Relationship Matchups
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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 |
Fomento Economico Investors Sentiment
The influence of Fomento Economico's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Fomento. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Fomento Economico's public news can be used to forecast risks associated with an investment in Fomento. The trend in average sentiment can be used to explain how an investor holding Fomento can time the market purely based on public headlines and social activities around Fomento Economico Mexicano. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Fomento Economico's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Fomento Economico's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Fomento Economico's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Fomento Economico.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fomento Economico in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fomento Economico's short interest history, or implied volatility extrapolated from Fomento Economico options trading.
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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.