← MEXICAN ECONOMIC DEVELOPMENT INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $399.5b $23.4b $23.9b $26.9b $24.8b $27.1b $34.5b $41.6b $37.5b $46.7b
Revenue From Interest $1.3b $1.6b $2.8b $3.2b $106.0m $71.0m $197.0m $1.0b $571.0m —
Cost of Revenue $251.3b $14.8b $15.0b $16.7b $15.2b $16.7b $21.6b $25.0b $22.1b $27.7b
Cost of goods sold $251.3b $290.2b $294.6b $16.7b $303.3b $16.7b $21.6b $25.0b $22.1b $27.7b
Gross Profit $148.2b $8.7b $8.9b $10.2b $9.5b $10.4b $12.9b $16.5b $15.4b $19.0b
Additional Financial Items
Applicable Tax Rate $0 $0 $0 $0 $0 $0 $0 $0 $0 —
Average Effective Tax Rate — — — — $1 $0 $0 $0 $0 —
Controlling interest $21.1b $42.4b $22.6b $1.1b ($1.9b) $1.4b $1.2b $3.9b $1.3b $1.1b
Depreciation Right of Use Assets — — — $7.9b $8.6b $9.0b $10.5b $14.8b $14.3b —
Foreign exchange loss (gain) , net $1.1b $5.0b ($248.0m) ($131.0m) $385.0m $64.0m $191.0m ($583.0m) $572.0m $319.0m
Gain on monetary position for subsidiaries in hyperinflationary economies $2.4b $1.6b $216.0m $14.0m $384.0m $36.0m $27.0m $6.0m $10.0m $21.0m
Impairment Loss Recognised In Profit Or Loss Goodwill — $0 $0 $0 $0 $0 $0 $0 $0 —
Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill — — — — $375.0m — $0 — — —
Income taxes $7.9b $10.6b $10.2b $555.0m $14.8b $696.0m $738.0m $768.0m $1.2b $1.1b
Interest income $1.3b $1.6b $2.8b $168.0m $2.1b $71.0m $197.0m $1.0b $571.0m $426.0m
Market value (gain) loss on financial instruments $186.0m ($204.0m) ($355.0m) $17.0m $264.0m ($2.0m) $36.0m ($26.0m) ($101.0m) ($96.0m)
Net income from continuing operations $27.2b $33.5b $29.7b $1.5b $3.8b $29.4b $33.3b $2.6b $1.9b $1.7b
Net income from discontinued operations — $3.7b $3.4b — — $8.3b $1.4b $1.9b $6.0m $87.0m
Non-controlling interest $6.0b ($7.4b) $7.2b $390.0m $5.7b $448.0m $556.0m $650.0m $647.0m $757.0m
Other Income $1.2b $1.8b $34.0m $54.0m $168.0m $287.0m $56.0m $775.0m $172.0m $184.0m
Profit Loss Attributable To Noncontrolling Interests $6.0b ($265.0m) — — — — — — — —
Profit Loss Attributable To Owners Of Parent $21.1b $2.2b — — — — — — — —
Profit Loss Before Tax $35.1b $2.4b — — — — — $5.3b $3.1b —
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method $6.5b $403.0m $318.0m $330.0m ($37.0m) $525.0m $383.0m — — —
Share in the loss of equity method accounted investees — — — — — ($10.0m) $99.0m ($24.0m) ($48.0m) ($83.0m)
Tax Rate Effect Of Foreign Tax Rates — — — — — — — $0 $0 —
Net Foreign Exchange Loss $2.4b $2.5b — — — $86.0m $0 $0 — —
Income before income taxes and share in the profit of equity method accounted investees — — $33.6b $32.3b $19.3b $2.0b $2.1b $3.4b $3.2b $2.9b
CONSOLIDATED NET INCOME $27.2b $37.2b $33.1b $28.0b $3.8b $1.8b $1.8b $4.5b $1.9b $1.8b
Basic earnings per share from discontinued operations attributable to equity holders of the parent (in pesos per share) — $0 $0 $0 — $1 $0 $0 $0 $0
Diluted earnings per share from continuing operations attributable to equity holders of the parent (in dollars per share) $2 $5 $3 $0 ($0) $0 $0 $0 $0 $0
Diluted earnings per share from discontinued operations attributable to equity holders of the parent (in dollars per share) — $0 $0 $0 — $1 $0 $0 $0 $0
Administrative Expense $14.7b $841.0m $882.0m $1.1b $1.2b $1.3b $1.8b $1.9b $1.9b —
Administrative expenses $14.7b $16.5b $17.3b $1.1b $23.0b $1.3b $1.8b $1.9b $1.9b $2.2b
Current Tax Expense (Income) $13.5b $18.8b $10.5b $11.7b $18.7b $13.7b $15.5b $30.4b $24.6b —
Deferred Tax Expense (Income) ($5.6b) ($8.2b) ($296.0m) ($1.6b) ($4.1b) $178.0m ($1.7b) — — —
Deferred Tax Expense (Income) Recognised In Profit Or Loss ($5.7b) ($8.2b) ($311.0m) ($1.2b) ($3.9b) $621.0m ($1.1b) ($3.1b) $2.8b —
Depreciation And Amortisation Expense $13.7b $17.7b $17.2b $25.8b $28.0b $28.0b $30.5b $34.0b $39.3b —
Donations And Subsidies Expense $203.0m $242.0m $528.0m $489.0m $605.0m $433.0m $512.0m $711.0m $865.0m —
Employee Benefits Expense $48.7b $65.7b $71.9b $78.6b $82.8b — — — — —
Expense From Share-Based Payment Transactions With Employees — — — — $575.0m $854.0m $866.0m $943.0m $947.0m —
Expense Relating To Leases Of Low-Value Assets For Which Recognition Exemption Has Been Used — — — $430.0m $508.0m $465.0m $841.0m $10.0m $567.0m —
Income Tax Expense Continuing Operations $7.9b $539.0m $518.0m $555.0m $745.0m $696.0m $738.0m $27.3b $27.4b —
Interest Expense $9.6b $566.0m $500.0m $749.0m $881.0m $826.0m $837.0m $883.0m $959.0m $1.2b
Interest Expense On Lease Liabilities — — — $4.8b $5.1b $5.1b $5.8b $6.8b $7.2b —
Other Employee Expense $468.0m $351.0m $401.0m $610.0m $575.0m $853.0m $866.0m $943.0m $947.0m —
Other expenses $5.9b $34.0b $2.9b $260.0m $12.4b $182.0m $147.0m $370.0m $453.0m $341.0m
Postemployment Benefit Expense Defined Benefit Plans $625.0m $815.0m $842.0m $795.0m $1.0b $1.2b $1.2b $910.0m $1.1b —
Selling expenses $95.5b $111.5b $114.6b $6.5b $123.4b $6.5b $8.1b $11.2b $10.2b $12.7b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.