Fomento Historical Income Statement

FMX Stock

USD 89.39 3.58 4.17%

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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit Tax Provision

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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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.

	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

Interest Expense Depreciation And Amortization

Fomento Economico income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Net Income From Continuing Ops	Tax Provision	Interest Income	Discontinued Operations	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.72	0.8	0.72	0.69	0.72	0.69	0.32	0.29	0.68	0.66	0.73	0.59	-0.38	0.51	0.51	-0.53	0.22	0.81	0.44	0.33	0.24	0.85
Interest Expense	0.72		0.94	0.92	0.94	0.93	0.94	0.4	0.64	0.81	0.94	0.93	0.69	-0.34	0.56	0.75	0.11	0.38	0.85	0.16	0.84	0.07	0.87
Selling General Administrative	0.8	0.94		0.97	0.98	0.98	0.98	0.56	0.71	0.91	0.97	0.98	0.83	-0.31	0.69	0.71	-0.1	0.52	0.85	0.12	0.77	0.22	0.89
Selling And Marketing Expenses	0.72	0.92	0.97		0.99	1.0	0.99	0.7	0.81	0.95	0.99	1.0	0.89	-0.19	0.79	0.67	0.0	0.52	0.82	0.14	0.78	0.36	0.82
Total Revenue	0.69	0.94	0.98	0.99		1.0	1.0	0.66	0.81	0.94	1.0	0.99	0.87	-0.24	0.74	0.72	0.05	0.52	0.81	0.07	0.82	0.27	0.82
Gross Profit	0.72	0.93	0.98	1.0	1.0		1.0	0.68	0.8	0.94	0.99	1.0	0.89	-0.21	0.77	0.7	0.0	0.51	0.82	0.11	0.78	0.32	0.83
Other Operating Expenses	0.69	0.94	0.98	0.99	1.0	1.0		0.65	0.81	0.94	1.0	0.99	0.87	-0.24	0.74	0.71	0.06	0.53	0.81	0.08	0.83	0.27	0.82
Operating Income	0.32	0.4	0.56	0.7	0.66	0.68	0.65		0.82	0.77	0.64	0.67	0.88	0.14	0.9	0.23	-0.08	0.53	0.39	-0.12	0.42	0.73	0.28
Ebit	0.29	0.64	0.71	0.81	0.81	0.8	0.81	0.82		0.9	0.82	0.8	0.83	0.0	0.82	0.45	0.3	0.55	0.52	-0.08	0.74	0.47	0.43
Ebitda	0.68	0.81	0.91	0.95	0.94	0.94	0.94	0.77	0.9		0.93	0.95	0.91	-0.17	0.86	0.58	-0.01	0.52	0.76	0.14	0.71	0.47	0.72
Cost Of Revenue	0.66	0.94	0.97	0.99	1.0	0.99	1.0	0.64	0.82	0.93		0.99	0.86	-0.26	0.72	0.72	0.09	0.53	0.8	0.05	0.85	0.24	0.81
Total Operating Expenses	0.73	0.93	0.98	1.0	0.99	1.0	0.99	0.67	0.8	0.95	0.99		0.88	-0.21	0.78	0.68	-0.01	0.52	0.83	0.14	0.79	0.34	0.84
Income Before Tax	0.59	0.69	0.83	0.89	0.87	0.89	0.87	0.88	0.83	0.91	0.86	0.88		0.08	0.93	0.5	-0.16	0.63	0.66	-0.06	0.59	0.55	0.63
Total Other Income Expense Net	-0.38	-0.34	-0.31	-0.19	-0.24	-0.21	-0.24	0.14	0.0	-0.17	-0.26	-0.21	0.08		0.23	-0.52	-0.12	0.16	-0.28	-0.17	-0.3	0.45	-0.22
Net Income	0.51	0.56	0.69	0.79	0.74	0.77	0.74	0.9	0.82	0.86	0.72	0.78	0.93	0.23		0.26	-0.17	0.64	0.61	0.01	0.5	0.75	0.53
Income Tax Expense	0.51	0.75	0.71	0.67	0.72	0.7	0.71	0.23	0.45	0.58	0.72	0.68	0.5	-0.52	0.26		0.21	0.33	0.7	0.13	0.69	-0.3	0.64
Minority Interest	-0.53	0.11	-0.1	0.0	0.05	0.0	0.06	-0.08	0.3	-0.01	0.09	-0.01	-0.16	-0.12	-0.17	0.21		-0.01	-0.13	-0.17	0.49	-0.31	-0.24
Net Income From Continuing Ops	0.22	0.38	0.52	0.52	0.52	0.51	0.53	0.53	0.55	0.52	0.53	0.52	0.63	0.16	0.64	0.33	-0.01		0.54	-0.25	0.6	0.32	0.46
Tax Provision	0.81	0.85	0.85	0.82	0.81	0.82	0.81	0.39	0.52	0.76	0.8	0.83	0.66	-0.28	0.61	0.7	-0.13	0.54		0.43	0.69	0.25	0.93
Interest Income	0.44	0.16	0.12	0.14	0.07	0.11	0.08	-0.12	-0.08	0.14	0.05	0.14	-0.06	-0.17	0.01	0.13	-0.17	-0.25	0.43		-0.07	0.25	0.39
Discontinued Operations	0.33	0.84	0.77	0.78	0.82	0.78	0.83	0.42	0.74	0.71	0.85	0.79	0.59	-0.3	0.5	0.69	0.49	0.6	0.69	-0.07		0.02	0.62
Net Interest Income	0.24	0.07	0.22	0.36	0.27	0.32	0.27	0.73	0.47	0.47	0.24	0.34	0.55	0.45	0.75	-0.3	-0.31	0.32	0.25	0.25	0.02		0.17
Reconciled Depreciation	0.85	0.87	0.89	0.82	0.82	0.83	0.82	0.28	0.43	0.72	0.81	0.84	0.63	-0.22	0.53	0.64	-0.24	0.46	0.93	0.39	0.62	0.17

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Fomento Economico Account Relationship Matchups

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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Fomento Historical Income Statement

About Fomento Income Statement Analysis

Fomento Economico Income Statement Chart

Total Revenue

Gross Profit

Tax Provision

Fomento Economico income statement Correlations

Fomento Economico Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fomento Economico income statement Accounts

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COMMON DESTINATIONS

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Gross Profit	+ 1.0	Selling And Marketing Expenses
Total Operating Expenses	+ 1.0	Selling And Marketing Expenses
Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Gross Profit

Minority Interest	- 0.53	Depreciation And Amortization
Income Tax Expense	- 0.52	Total Other Income Expense Net
Total Other Income Expense Net	- 0.38	Depreciation And Amortization
Total Other Income Expense Net	- 0.34	Interest Expense
Net Interest Income	- 0.31	Minority Interest
Total Other Income Expense Net	- 0.31	Selling General Administrative