Fomento Económico Mexicano, S.A.B. de C.V.

Fomento Económico Mexicano, S.A.B. de C.V.verified

FMX

Price:

$103.14

Market Cap:

$427.02B

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is in...[Read more]

Industry

Beverages - Alcoholic

IPO Date

1998-05-11

Stock Exchange

NYSE

Ticker

FMX

The Current Ratio as of September 2024 (TTM) for Fomento Económico Mexicano, S.A.B. de C.V. (FMX) is 1.72

According to Fomento Económico Mexicano, S.A.B. de C.V.’s latest financial reports and current stock price. The company's current Current Ratio is 1.72. This represents a change of -5.56% compared to the average of 1.82 of the last 4 quarters.

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Historical Current Ratio (quarterly & annually)

How has FMX Current Ratio performed in the past?

The mean historical Current Ratio of Fomento Económico Mexicano, S.A.B. de C.V. over the last ten years is 1.56. The current 1.72 Current Ratio has changed 10.93% with respect to the historical average. Over the past ten years (40 quarters), FMX's Current Ratio was at its highest in in the December 2023 quarter at 1.95. The Current Ratio was at its lowest in in the March 2017 quarter at 1.19.

Quarterly (TTM)
Annual

Average

1.56

Median

1.63

Minimum

1.26

Maximum

1.95

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Fomento Económico Mexicano, S.A.B. de C.V. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 49.93%

Maximum Annual Current Ratio = 1.95

Minimum Annual Increase = -23.62%

Minimum Annual Current Ratio = 1.26

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.9549.93%
20221.30-22.81%
20211.69-0.69%
20201.7034.43%
20191.26-23.62%
20181.65-4.08%
20171.7326.21%
20161.373.00%
20151.33-17.27%
20141.606.55%

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Average Current Ratio

How has FMX Current Ratio performed in the past?

The current Current Ratio of Fomento Económico Mexicano, S.A.B. de C.V. (FMX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.65

5-year avg

1.58

10-year avg

1.56

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Current Ratio vs. Peers

How is FMX’s Current Ratio compared to its peers?

Fomento Económico Mexicano, S.A.B. de C.V.’s Current Ratio is greater than Ambev S.A. (1.11), less than The Boston Beer Company, Inc. (1.95), greater than Kirin Holdings Company, Limited (1.42), greater than Carlsberg A/S (0.59), greater than Molson Coors Beverage Company (0.95), less than Compañía Cervecerías Unidas S.A. (2.29), greater than Anheuser-Busch InBev SA/NV (0.69), greater than Heineken N.V. (0.78), greater than Suntory Beverage & Food Limited (1.23), greater than Anheuser-Busch InBev SA/NV (0.69), greater than Tsingtao Brewery Company Limited (1.63), greater than Molson Coors Beverage Company (0.95),

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