Mexican Economic Development, Inc. balance sheet FMX

Annual Quarterly

As of Dec 31, 2024, Mexican Economic Development, Inc. had total assets of $40.8 billion and total liabilities of $22.6 billion. Total assets were down 14.4% from a year earlier. Stockholders' equity was $18.3 billion. It held $6.7 billion in cash and investments against $12.3 billion of total debt, net debt of $5.6 billion. The current ratio, current assets divided by current liabilities, was 1.69.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
Assets
Cash
6,705
-15.3%
7,917
+60.4%
4,937
-1.2%
4,996
-4.8%
5,246
+59.2%
3,296
+0.2%
3,290
-33.4%
4,937
Cash and investments
6,705
-15.3%
7,917
+60.4%
4,937
-1.2%
4,996
-4.8%
5,246
+59.2%
3,296
+0.2%
3,290
-33.4%
4,937
Receivables
2,071
-10.0%
2,300
-1.5%
2,335
+41.3%
1,653
+16.4%
1,420
—
—
—
Inventory
3,235
-6.1%
3,445
+7.9%
3,192
+28.7%
2,481
+12.1%
2,214
+1.8%
2,175
+19.7%
1,817
+2.4%
1,774
Total current assets
16,413
-22.1%
21,076
+81.4%
11,616
+3.3%
11,247
+11.2%
10,118
+10.6%
9,151
+1.2%
9,045
-2.0%
9,226
Property and equipment, net
8,511
+1.6%
8,375
+21.9%
6,873
+22.4%
5,613
-1.3%
5,686
-6.4%
6,072
+9.8%
5,531
-6.9%
5,943
Total assets
40,829
-14.4%
47,687
+16.4%
40,973
+14.0%
35,951
+4.4%
34,428
+1.8%
33,804
+15.2%
29,355
-2.0%
29,967
Liabilities and equity
Accounts payable
4,647
-3.7%
4,824
+20.0%
4,021
+24.6%
3,227
+21.1%
2,665
-12.1%
3,032
+14.3%
2,653
—
Total current liabilities
9,729
-9.8%
10,792
+18.9%
9,073
+36.1%
6,665
+12.0%
5,953
-17.8%
7,240
+40.1%
5,167
-3.4%
5,348
Total liabilities
22,554
-10.8%
25,295
+7.0%
23,645
+20.5%
19,615
+3.3%
18,986
+14.8%
16,532
+34.8%
12,266
-4.3%
12,812
Stockholders' equity
18,275
-18.4%
22,392
+29.2%
17,328
+6.1%
16,336
+5.8%
15,442
-10.6%
17,272
+1.1%
17,089
-0.4%
17,155
Debt
Debt due within a year
322
-35.6%
500
-46.9%
941
+314.5%
227
-48.8%
443
-32.0%
651
+13.8%
572
+4.4%
548
Long-term debt
6,784
-10.7%
7,596
-14.6%
8,894
-1.9%
9,064
+0.2%
9,042
—
—
—
Lease liabilities
5,182
-8.8%
5,685
+18.8%
4,786
+57.5%
3,039
+3.7%
2,931
+1.1%
2,900
—
—
Total debt
12,288
-10.8%
13,781
-5.7%
14,621
+18.6%
12,330
-0.7%
12,416
+249.6%
3,551
+520.8%
572
+4.4%
548
Net cash
-5,583
+4.8%
-5,864
+39.4%
-9,684
-32.0%
-7,334
-2.3%
-7,170
-2711.8%
-255
-109.4%
2,718
-38.1%
4,389
Ratios
Current ratio
1.69x
1.95x
1.28x
1.69x
1.70x
1.26x
1.75x
1.73x
Debt to equity
0.67x
0.62x
0.84x
0.75x
0.80x
0.21x
0.03x
0.03x
Return on equity
10.56%
20.26%
10.30%
11.24%
1.22%
8.62%
9.85%
11.05%
Return on assets
4.73%
9.51%
4.35%
5.11%
0.55%
4.40%
5.74%
6.32%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry
Bottled & Canned Soft Drinks & Carbonated Waters (SIC 2086)
Listed as
FMX (NYSE)
Fiscal year ends
December 31
Incorporated in
Mexico
Headquarters
Monterrey, N.L.
SEC filer status
Large accelerated filer
SEC CIK
1061736

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.