Fomento Historical Income Statement

FMX Stock  USD 89.31  0.01  0.01%   
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.
 
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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.
  
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 closely tied 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

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 232.7 B in 2024, whereas Total Other Income Expense Net is likely to drop (491.4 M) in 2024.

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 closely tied 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 232.7 B in 2024, whereas Total Other Income Expense Net is likely to drop (491.4 M) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense16.9B16.3B17.2B18.1B
Depreciation And Amortization28.0B30.5B34.0B35.7B

Fomento Economico income statement Correlations

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0.720.920.970.991.00.990.70.810.950.991.00.89-0.190.790.670.00.520.820.140.780.360.82
0.690.940.980.991.01.00.660.810.941.00.990.87-0.240.740.720.050.520.810.070.820.270.82
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0.690.940.980.991.01.00.650.810.941.00.990.87-0.240.740.710.060.530.810.080.830.270.82
0.320.40.560.70.660.680.650.820.770.640.670.880.140.90.23-0.080.530.39-0.120.420.730.28
0.290.640.710.810.810.80.810.820.90.820.80.830.00.820.450.30.550.52-0.080.740.470.43
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0.730.930.981.00.991.00.990.670.80.950.990.88-0.210.780.68-0.010.520.830.140.790.340.84
0.590.690.830.890.870.890.870.880.830.910.860.880.080.930.5-0.160.630.66-0.060.590.550.63
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0.220.380.520.520.520.510.530.530.550.520.530.520.630.160.640.33-0.010.54-0.250.60.320.46
0.810.850.850.820.810.820.810.390.520.760.80.830.66-0.280.610.7-0.130.540.430.690.250.93
0.440.160.120.140.070.110.08-0.12-0.080.140.050.14-0.06-0.170.010.13-0.17-0.250.43-0.070.250.39
0.330.840.770.780.820.780.830.420.740.710.850.790.59-0.30.50.690.490.60.69-0.070.020.62
0.240.070.220.360.270.320.270.730.470.470.240.340.550.450.75-0.3-0.310.320.250.250.020.17
0.850.870.890.820.820.830.820.280.430.720.810.840.63-0.220.530.64-0.240.460.930.390.620.17
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Fomento Economico Account Relationship Matchups

Fomento Economico income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization171.9K28.0B28.0B30.5B34.0B35.7B
Interest Expense14.1B17.5B16.9B16.3B17.2B18.1B
Selling General Administrative19.9B23.0B27.2B34.5B32.3B33.9B
Selling And Marketing Expenses121.9B123.4B134.1B157.3B188.7B198.2B
Total Revenue506.7B493.0B556.3B673.2B702.7B737.8B
Gross Profit191.5B189.7B213.7B251.7B279.5B293.5B
Other Operating Expenses459.6B451.5B504.3B613.8B644.8B677.1B
Operating Income22.9B8.0B28.9B31.4B57.9B60.8B
Ebit48.7B35.2B28.9B61.0B75.0B78.8B
Ebitda48.7B63.2B56.9B91.5B109.0B114.5B
Cost Of Revenue315.2B303.3B342.5B421.5B423.2B444.3B
Total Operating Expenses144.3B148.2B161.7B192.3B221.6B232.7B
Income Before Tax32.1B18.9B41.3B41.9B57.4B60.3B
Total Other Income Expense Net9.2B(23.5B)(10.7B)(17.2B)(468M)(491.4M)
Net Income20.7B4.1B28.5B23.9B65.7B69.0B
Income Tax Expense10.5B14.8B14.3B13.5B13.0B6.8B
Net Income Applicable To Common Shares20.7B(1.9B)28.5B24.8B28.5B29.9B
Minority Interest73.8B69.4B(9.2B)(10.8B)(12.1B)(11.4B)
Net Income From Continuing Ops28.0B3.8B37.7B35.6B51.8B27.5B
Tax Provision10.5B14.8B14.3B13.5B19.7B13.3B
Interest Income5.8B15.6B1.5B5.2B14.1B7.3B
Net Interest Income(11.0B)(15.3B)(14.7B)(12.7B)2.4B2.5B
Reconciled Depreciation25.8B28.0B28.0B30.5B34.0B28.5B

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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.