Last 48 quarters of trend data · Consumer Defensive · Beverages - Alcoholic
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 44.44 | 198.32 | 25.78 | 28.34 | 58.51 | 54.21 | 79.16 | 0.91 | 0.76 | 4.23 | 1.82 | 0.95 | 1.62 | 0.18 | 1.45 | 0.52 | 1.16 | 2.88 | 1.03 | 0.55 | 2.46 |
| — | +265.8% | -67.4% | +3000.9% | +7552.9% | +1181.7% | +4248.0% | -3.9% | -52.8% | +2269.1% | +25.8% | +81.8% | +40.2% | -93.8% | +40.0% | -5.0% | -53.0% | +95.5% | — | -64.7% | — | |
| P/S Ratio | 0.94 | 0.79 | 0.70 | 0.72 | 0.79 | 0.89 | 0.74 | 0.04 | 0.05 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.03 | 0.04 | 0.05 | 0.04 | 0.05 | 0.05 |
| — | -12.0% | -5.0% | +1527.7% | +1555.8% | +1279.8% | +1083.4% | -16.5% | -12.7% | +23.4% | +32.8% | +51.0% | +34.2% | +6.5% | +5.0% | -34.6% | -24.9% | -7.3% | -12.4% | +37.1% | +13.6% | |
| P/B Ratio | 2.36 | 2.28 | 1.85 | 0.10 | 2.76 | 2.27 | 1.62 | 0.09 | 0.10 | 0.13 | 0.12 | 0.13 | 0.11 | 0.09 | 0.08 | 0.07 | 0.07 | 0.09 | 0.08 | 0.09 | 0.10 |
| — | +0.7% | +14.2% | +9.4% | +2564.2% | +1619.9% | +1240.8% | -27.9% | -3.8% | +42.3% | +49.0% | +91.2% | +45.7% | +6.4% | -0.3% | -28.8% | -23.9% | -1.4% | -6.0% | +16.6% | +11.3% | |
| P/FCF | 27.26 | 11.05 | 7.03 | 1.00 | 18.71 | — | 11.67 | — | 1.39 | 1.11 | — | 0.76 | 1.19 | — | 0.28 | — | 0.35 | 1.68 | 0.45 | 0.62 | 0.42 |
| — | — | -39.8% | — | +1241.6% | — | — | — | +17.4% | — | — | — | +240.9% | — | -37.2% | — | -17.9% | +148.1% | -4.8% | +45.8% | -92.9% | |
| EV / EBITDA | 8.09 | 7.09 | 4.91 | 25.48 | 8.16 | 10.92 | — | 1.44 | 1.43 | 1.51 | — | 1.29 | 0.89 | 2.34 | — | 1.90 | 1.91 | 2.36 | — | 1.83 | 1.91 |
| — | -35.1% | — | +1670.2% | +470.0% | +624.6% | — | +11.4% | +60.5% | -35.5% | — | -32.0% | -53.3% | -1.1% | — | +4.0% | +0.1% | +0.9% | — | -23.1% | -63.2% | |
| EV / EBIT | 13.04 | 13.85 | 8.01 | 43.60 | 11.41 | 16.99 | 10.67 | 1.92 | 2.21 | 2.70 | 9.54 | 1.86 | 1.18 | 4.03 | 2.54 | 2.78 | 2.90 | 3.76 | 4.20 | 2.68 | 2.81 |
| — | -18.5% | -24.9% | +2170.1% | +415.2% | +529.9% | +11.9% | +3.3% | +87.2% | -33.0% | +276.1% | -33.2% | -59.3% | +7.2% | -39.6% | +3.9% | +3.3% | -4.7% | +89.4% | -37.0% | -97.6% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 40.6% | 40.5% | 41.5% | 39.9% | 40.7% | 40.3% | 43.7% | 40.3% | 41.5% | 38.7% | 42.3% | 39.0% | 38.8% | 38.9% | 49.3% | 37.4% | 38.5% | 36.9% | 39.5% | 37.3% | 39.3% |
| — | +0.4% | -4.9% | -1.0% | -2.0% | +4.2% | +3.3% | +3.5% | +7.0% | -0.7% | -14.2% | +4.1% | +0.8% | +5.5% | +24.7% | +0.4% | -2.1% | -1.3% | -0.9% | -2.9% | +3.4% | |
| Operating Margin | 8.6% | 7.0% | 10.9% | 8.3% | 8.3% | 6.4% | -22.6% | 8.8% | 8.8% | 7.0% | -28.1% | 8.5% | 13.9% | 7.1% | -27.6% | 8.9% | 9.6% | 8.1% | -25.9% | 10.5% | 10.6% |
| — | +8.7% | +148.4% | -5.1% | -5.1% | -8.9% | +19.7% | +4.0% | -36.9% | -0.7% | -2.0% | -5.2% | +44.2% | -12.9% | -6.3% | -14.9% | -8.8% | +1.5% | -77.8% | +50.2% | +3654.7% | |
| Net Margin | 2.3% | 7.1% | 3.9% | 1.1% | 1.3% | 3.0% | 2.6% | 3.0% | 6.3% | 1.6% | 0.9% | 5.4% | 3.4% | 30.2% | 2.7% | 6.8% | 3.6% | 2.7% | 4.4% | 9.9% | 2.2% |
| — | +140.3% | +50.6% | -62.5% | -79.7% | +83.1% | +173.0% | -44.1% | +84.0% | -94.6% | -65.1% | -21.3% | -4.0% | +1013.8% | -39.0% | -31.2% | +59.5% | -26.2% | +564.1% | +288.9% | +122.0% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.9% | 4.9% | 0.3% | 0.1% | 1.0% | 1.7% | 0.1% | 1.6% | 3.5% | 0.8% | 0.5% | 2.9% | 1.7% | 13.8% | 1.2% | 3.3% | 1.6% | 1.2% | 2.0% | 4.5% | 1.0% |
| — | +188.2% | +106.2% | -95.2% | -70.5% | +114.5% | -74.3% | -46.0% | +107.6% | -94.3% | -56.8% | -10.9% | +6.6% | +1051.4% | -42.3% | -26.2% | +56.6% | -20.6% | +554.8% | +243.9% | +122.8% | |
| ROA | 2.5% | 1.9% | 0.1% | 0.0% | 0.3% | 0.7% | 0.1% | 0.7% | 1.6% | 0.4% | 0.2% | 1.2% | 0.8% | 6.0% | 0.5% | 1.5% | 0.7% | 0.5% | 0.9% | 2.0% | 0.4% |
| — | +178.9% | +88.4% | -95.7% | -78.1% | +91.2% | -72.8% | -42.0% | +101.3% | -94.0% | -58.3% | -16.3% | +9.2% | +1006.4% | -44.7% | -27.0% | +58.6% | -18.8% | +626.4% | +355.8% | +128.8% | |
| ROIC | 11.9% | 2.4% | 0.4% | 0.3% | 3.3% | 2.0% | -0.7% | 2.7% | 2.8% | 2.1% | -9.4% | 2.8% | 3.9% | 1.6% | -6.0% | 2.3% | 2.2% | 1.8% | -6.3% | 2.5% | 2.5% |
| — | +22.2% | +159.3% | -89.0% | +16.7% | -6.8% | +92.8% | -3.9% | -27.4% | +30.9% | -56.5% | +23.8% | +75.9% | -12.5% | +4.1% | -9.0% | -10.9% | +8.2% | -81.1% | +42.7% | +3955.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.78 | 0.88 | 0.78 | 0.79 | 1.10 | 0.85 | 0.67 | 0.67 | 0.65 | 0.65 | 0.62 | 0.79 | 0.64 | 0.69 | 0.84 | 0.71 | 0.77 | 0.73 | 0.75 | 0.75 | 0.79 |
| — | +4.1% | +16.3% | +16.9% | +68.9% | +30.6% | +9.3% | -14.4% | +1.3% | -5.5% | -27.1% | +10.3% | -16.0% | -6.0% | +11.8% | -5.1% | -3.0% | -10.2% | -6.1% | -30.4% | -26.7% | |
| Debt / EBITDA | 2.21 | 8.95 | 6.66 | 157.38 | 10.81 | 13.43 | — | 11.01 | 8.83 | 10.15 | — | 10.70 | 7.06 | 12.76 | — | 11.45 | 11.49 | 12.80 | — | 11.17 | 11.29 |
| — | -33.4% | — | +1329.6% | +22.4% | +32.3% | — | +2.9% | +25.0% | -20.4% | — | -6.5% | -38.5% | -0.3% | — | +2.5% | +1.7% | -11.9% | — | -33.4% | -69.5% | |
| Current Ratio | 1.35 | 1.16 | 1.35 | 1.34 | 1.34 | 1.64 | 1.69 | 1.62 | 1.72 | 1.68 | 1.95 | 1.93 | 1.76 | 1.77 | 1.28 | 1.40 | 1.41 | 1.61 | 1.69 | 1.69 | 1.67 |
| — | -29.5% | -20.1% | -17.3% | -22.1% | -2.4% | -13.6% | -15.8% | -2.6% | -5.1% | +52.6% | +38.0% | +25.3% | +10.1% | -24.2% | -17.4% | -15.5% | +0.0% | -0.7% | +0.3% | +12.8% | |
| Quick Ratio | 1.02 | 0.86 | 1.02 | 1.05 | 1.06 | 1.31 | 1.35 | 1.32 | 1.44 | 1.42 | 1.63 | 1.64 | 1.44 | 1.45 | 0.93 | 1.06 | 1.07 | 1.24 | 1.32 | 1.33 | 1.32 |
| — | -34.3% | -24.9% | -20.2% | -25.9% | -7.3% | -17.1% | -19.6% | +0.0% | -2.1% | +76.0% | +54.7% | +33.7% | +16.7% | -29.4% | -20.2% | -18.4% | -2.2% | +0.1% | -3.9% | +8.5% | |
| Interest Coverage | 3.87 | 2.69 | 9.46 | 3.23 | 3.31 | 2.42 | 6.09 | 3.88 | 3.11 | 2.67 | 0.36 | 5.01 | 10.35 | 2.97 | 11.85 | 3.89 | 2.81 | 3.05 | 4.83 | 3.75 | 2.97 |
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Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying FMX stock.
Fomento Económico Mexicano, S.A.B. de C.V.'s current P/E is 44.4x. The average P/E over the last 4 quarters is 77.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Fomento Económico Mexicano, S.A.B. de C.V.'s current operating margin is 8.6%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Fomento Económico Mexicano, S.A.B. de C.V.'s business trajectory between earnings reports.