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.
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
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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 Expense | 16.9B | 16.3B | 17.2B | 18.1B | 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 | 171.9K | 28.0B | 28.0B | 30.5B | 34.0B | 35.7B | |
Interest Expense | 14.1B | 17.5B | 16.9B | 16.3B | 17.2B | 18.1B | |
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 | 279.5B | 293.5B | |
Other Operating Expenses | 459.6B | 451.5B | 504.3B | 613.8B | 644.8B | 677.1B | |
Operating Income | 22.9B | 8.0B | 28.9B | 31.4B | 57.9B | 60.8B | |
Ebit | 48.7B | 35.2B | 28.9B | 61.0B | 75.0B | 78.8B | |
Ebitda | 48.7B | 63.2B | 56.9B | 91.5B | 109.0B | 114.5B | |
Cost Of Revenue | 315.2B | 303.3B | 342.5B | 421.5B | 423.2B | 444.3B | |
Total Operating Expenses | 144.3B | 148.2B | 161.7B | 192.3B | 221.6B | 232.7B | |
Income Before Tax | 32.1B | 18.9B | 41.3B | 41.9B | 57.4B | 60.3B | |
Total Other Income Expense Net | 9.2B | (23.5B) | (10.7B) | (17.2B) | (468M) | (491.4M) | |
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 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.