Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Key Metrics

NYSE: FMXValuation, returns, debt and efficiency ratios over 2 years.

FMX valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$43.08B
Enterprise value
$48.67B
P/E (TTM)
9.0
Forward P/E
89.3
PEG ratio
4.73
Price / sales
0.0
Price / book
3.2
EV / EBITDA
9.9
Dividend yield
3.61%
$4.57 a year
Beta
0.18

FMX key metrics, 2024–2025

Fiscal year ended December 31, 2025 · U.S. dollars

FMX returns How much profit the business earns on the capital it uses.

Return on equity+0.2 pts
0.5%
2025 · hover or tap a bar for each year
2024: 0.3%2025: 0.5% (+0.2 pts)
20242025
Return on invested capital+0.6 pts
1.0%
2025 · hover or tap a bar for each year
2024: 0.4%2025: 1.0% (+0.6 pts)
20242025
Return on assets+0.1 pts
0.2%
2025 · hover or tap a bar for each year
2024: 0.2%2025: 0.2% (+0.1 pts)
20242025
Free cash flow margin−0.2 pts
3.5%
2025 · hover or tap a bar for each year
2024: 3.7%2025: 3.5% (−0.2 pts)
20242025
Cash conversion (OCF / net income)+34.9%
3.66
2025 · hover or tap a bar for each year
2024: 2.712025: 3.66 (+34.9%)
20242025
Asset turnover+136.6%
0.10
2025 · hover or tap a bar for each year
2024: 0.042025: 0.10 (+136.6%)
20242025

FMX valuation history

Fiscal year-endToday2-year median

FMX returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

FMX debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

FMX cash returned to shareholders

DividendsBuybacksFree cash flow

FMX price vs earnings per share

Share price at year-endEPS (right axis)

FMX key metrics

2024–2025
Fomento Económico Mexicano, S.A.B. de C.V. key metrics by fiscal year
20252024
Valuation
Market capitalization$33.86B—
Enterprise value$41.05B—
P/E ratio31.4—
Price / sales0.7—
Price / book2.5—
Price / free cash flow21.0—
Price / operating cash flow8.6—
EV / sales0.9—
EV / EBITDA6.5—
EV / free cash flow25.5—
Earnings yield3.2%—
Free cash flow yield4.8%—
Dividend yield8.2%—
Shareholder yield (dividends + buybacks)10.2%—
Share price at fiscal year-end$101.07$85.49
Per share
Revenue per share$139.22—
Earnings per share$3.22—
Operating cash flow per share$11.77—
Free cash flow per share$4.81—
Cash per share$21.19—
Book value per share$40.56—
Tangible book value per share$16.47—
Dividends per share$8.27—
Capex per share$6.96—
Debt per share$42.64—
Shares outstanding335.1M—
Returns & profitability
Return on equity (ROE)0.5%0.3%
Return on invested capital (ROIC)1.0%0.4%
Return on assets (ROA)0.2%0.2%
Return on tangible assets3.0%0.2%
Free cash flow margin3.5%3.7%
Income quality (OCF / net income)3.662.71
Financial health
Total debt$14.29B$256.29B
Cash & short-term investments$7.10B$183.05B
Net debt$7.19B$73.25B
Debt / equity1.050.67
Debt / assets0.320.30
Net debt / EBITDA1.1413.92
Current ratio1.351.67
Quick ratio1.021.34
Interest coverage3.94.0
Working capital$4.05B$137.05B
Invested capital$20.77B$455.83B
Tangible asset value$10.20B$189.54B
Net current asset value−$10.17B−$127.31B
Graham number$54.18—
Graham net-net per share−$40.49—
Capital allocation
Dividends paid$2.77B$1.20B
Share buybacks (net)$685.8M$974.2M
Dividend payout ratio256.9%93.8%
Dividends + buybacks / free cash flow214.5%157.6%
Capex / revenue5.0%5.6%
Capex / operating cash flow59.2%60.3%
Capex / depreciation0.980.96
Stock-based compensation / revenue—2.5%
SG&A / revenue32.0%32.2%
Efficiency
Days sales outstanding186.1420.5
Days of inventory on hand469.91,115.9
Days payables outstanding672.71,603.0
Cash conversion cycle (days)-16.8-66.6
Receivables turnover1.960.87
Payables turnover0.540.23
Inventory turnover0.780.33
Asset turnover0.100.04
Average receivables$23.78B$43.19B
Average payables$51.05B$96.91B
Average inventory$35.66B$67.46B
Intangibles / total assets18.3%22.7%

Computed from FMX's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

FMX valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Fomento Económico Mexicano, S.A.B. de C.V. traded at 31.4 times earnings. Based on the latest twelve months, the trailing P/E is 9.0 and the forward P/E is 89.3. Fomento Económico Mexicano, S.A.B. de C.V. earned a return on equity of 0.5% and a return on invested capital of 1.0% in fiscal 2025. It ended the year with $14.3 billion of debt and $7.1 billion in cash and short-term investments, net debt of $7.2 billion. It returned $3.5 billion to shareholders: $2.8 billion in dividends and $685.8 million in share buybacks, 215% of free cash flow.

See the FMX income statement, the FMX chart for price history, or the FMX stock overview for the latest quote and news.

FMX key metrics FAQ

What is Fomento Económico Mexicano, S.A.B. de C.V.'s P/E ratio?

Fomento Económico Mexicano, S.A.B. de C.V.'s trailing P/E ratio is 9.0 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 89.3. At the end of fiscal 2025 it was 31.4.

What is Fomento Económico Mexicano, S.A.B. de C.V.'s EV/EBITDA?

Fomento Económico Mexicano, S.A.B. de C.V.'s enterprise value was 6.5 times EBITDA at the end of fiscal 2025 (enterprise value $41.0 billion, EBITDA $6.3 billion); the current EV/EBITDA is 9.9.

What is Fomento Económico Mexicano, S.A.B. de C.V.'s return on equity?

Fomento Económico Mexicano, S.A.B. de C.V.'s return on equity (ROE) was 0.5% in fiscal 2025: net income of $1.1 billion on average shareholders' equity of $198.1 billion.

What is Fomento Económico Mexicano, S.A.B. de C.V.'s ROIC?

Fomento Económico Mexicano, S.A.B. de C.V.'s return on invested capital was 1.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Fomento Económico Mexicano, S.A.B. de C.V. have?

Fomento Económico Mexicano, S.A.B. de C.V. had total debt of $14.3 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.05 and $7.2 billion of net debt (1.14 times EBITDA).

What is Fomento Económico Mexicano, S.A.B. de C.V.'s dividend yield?

Fomento Económico Mexicano, S.A.B. de C.V.'s forward dividend yield is 3.61%. Fomento Económico Mexicano, S.A.B. de C.V. paid $2.8 billion in dividends in fiscal 2025 ($8.27 per share), a payout ratio of 256.9%.

Does Fomento Económico Mexicano, S.A.B. de C.V. buy back its shares?

Yes. Fomento Económico Mexicano, S.A.B. de C.V. spent $685.8 million on net share repurchases in fiscal 2025.

What is Fomento Económico Mexicano, S.A.B. de C.V.'s free cash flow yield?

Fomento Económico Mexicano, S.A.B. de C.V. generated $1.6 billion of free cash flow in fiscal 2025, a free cash flow yield of 4.8% on its market value at year-end ($33.9 billion).

What is Fomento Económico Mexicano, S.A.B. de C.V.'s current ratio?

Fomento Económico Mexicano, S.A.B. de C.V.'s current ratio was 1.35 at the end of fiscal 2025: current assets were 1.35 times current liabilities.

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