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FMX

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

FMX

NYSE·Consumer Defensive·Beverages - Alcoholic·Mkt cap $43.6B

$129.30

+0.93%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$83.08 - $131.81

P/E

2.73

Fwd P/E

1.37

Beta

0.17

Div Yield

4.71%

Avg Vol

501.4K

Shares Out

201.5M

Mkt Cap

$43.6B

Price action

Price chart

Up 20.6% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

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

1 risk

  • Low volatility (beta 0.2).

Growth

Strong growth ahead

Rising consumer demand in emerging Latin American markets

Value

Deep value opportunity - significant discount to Alcoholic Beverages peers

Momentum

Strong

+11.7% over 3m

Quality

Strong

Excellent business quality

Dividend

Solid

4.71% yield

Earnings track record

Latest print - beat on both lines

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

Next: Jul 28, 2026

Q2 26 RECAP

APR 30, 2026

Reported EPS of $1.33 vs $0.65 consensus (+104.6% surprise). Revenue of $11.7B vs $11.4B expected (+2.5%). Beat on both top and bottom lines.

EPS beat +104.6%
Rev beat +2.5%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+104.6%

Next: Jul 28, 2026

Revenue trend · last 8Q

+0%

+5%

+2%

+6%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$12.1B

$11.7B

$12.4B

$11.2B

$12.1B

$12.3B

$12.6B

$11.9B

Margins · last 8Q

Gross

40.5%

Operating

6.9%

Profit

7.1%

Wall Street consensus

4 analysts · 50% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

50%

Hold

2

50%

Sell

0%

Median Price Target

$132.00

+2.1% vs $129.30

Low $125.00
Median $132.00
High $139.00

Latest: UBS · $139.00 · May 28, 2026

2 analysts covering

vs Industry

How FMX stacks vs Beverages - Alcoholic

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

Industry comparison data unavailable for this stock.