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FMX

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

FMX

NYSE·Consumer Defensive·Beverages - Alcoholic·Mkt cap $41.3B

$121.37

+1.18%

P/E

2.33

Mkt Cap

$41.3B

52-Wk Range

$83.33–$141.47

52-Week Range

$83.33 - $141.47

P/E

2.33

Fwd P/E

21.13

Beta

0.18

Div Yield

6.68%

Avg Vol

512.1K

Shares Out

201.5M

Mkt Cap

$41.3B

Price action

Price chart

Up 45.1% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Exclusive Coca-Cola bottling rights across major Latin American markets
  • Largest convenience store network in Mexico with 20,431+ OXXO locations
  • Vertically integrated supply chain with proprietary refrigeration and logistics capabilities
  • Strong brand recognition and customer loyalty across multiple business segments

Bear Case

2 risks

  • Low volatility (beta 0.2).
  • Premium valuation to Alcoholic Beverages peers

Growth

Stable outlook

Rising consumer demand in emerging Latin American markets

Value

Premium valuation to Alcoholic Beverages peers

Momentum

Stable

-0.4% over 3m

Quality

Strong

Strong fundamentals

Dividend

High yield

6.68% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 27, 2026

Q3 26 RECAP

JUL 28, 2026

Reported EPS of $0.93 vs $0.06 consensus (+1413.7% surprise). Revenue of $13.2B vs $12.9B expected (+2.0%). Beat on both top and bottom lines.

EPS beat +1413.7%
Rev beat +2.0%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+1413.7%

Revenue trend · last 8Q

+0%

+5%

+2%

+6%

+17%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$11.7B

$12.4B

$11.2B

$12.1B

$12.3B

$12.6B

$11.9B

$13.2B

Margins · last 8Q

Gross

40.1%

Operating

8.3%

Profit

2.4%

Wall Street consensus

6 analysts · 17% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

17%

Hold

5

83%

Sell

0%

Median Price Target

Latest: BBVA · Aug 24, 2026

vs Industry

How FMX stacks vs Beverages - Alcoholic

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.