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FMX on NYSE

MEXICAN ECONOMIC DEVELOPMENT INC

MEXICAN ECONOMIC DEVELOPMENT INC is a bottled and canned soft drinks and carbonated waters company.1 Its shares trade on NYSE under the symbol FMX.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$1.9BNet income, fiscal 20242

Compare with Monster Beverage, Coca-Cola Consolidated, Inc. or Celsius Holdings, Inc., or pick any stock.

  • TickerFMX on NYSE1
  • IndustryBottled & Canned Soft Drinks & Carbonated Waters1
  • HeadquartersO51
  • Incorporated inMexico3
  • Business addressGeneral Anaya No 601 Pte, Colonia Bella Vista, Monterrey, N.L.3
  • Filer categoryLarge accelerated filer3

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Our company was incorporated under the laws of Mexico on May 30, 1936 for a duration of 99 years. The duration can be extended indefinitely by resolution of our shareholders. We are organized as a sociedad anónima bursátil de capital variable under the laws of Mexico. Our legal name is Fomento Económico Mexicano, S.A.B. de C.V., and in commercial and business contexts we frequently refer to ourselves as “FEMSA.” Our principal headquarters are located at General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, Nuevo León 64410, Mexico. Our telephone number at this location is (+52-81) 8328-6000.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2019

37.8%Gross margin5
5.5%Net margin5
12.3%Revenue growth, 20195
8.6%Return on equity5

Where the money goes

Where each dollar of revenue went, fiscal 2019

  • Other costs94¢$25.4B
  • Profit6¢$1.5B

Out of $26.9B in revenue.5

Financial statements

Revenue675$26.9B in 2019+15% since 2017
0$10.0B$20.0B$30.0B2017: $23.4B$23.4B20172018: $23.9B$23.9B2018+2%2019: $26.9B$26.9B2019+12%
Gross profit675$10.2B in 2019+17% since 2017
0$5.0B$10.0B$15.0B2017: $8.7B$8.7B20172018: $8.9B$8.9B2018+3%2019: $10.2B$10.2B2019+14%
Net income675$1.5B in 2019−21% since 2017
0$500.0M$1.0B$1.5B$2.0B2017: $1.9B$1.9B20172018: $1.7B$1.7B2018−11%2019: $1.5B$1.5B2019−12%
Fiscal year201720182019
Revenue$23.4B6$23.9B7$26.9B5
Cost of revenue
Gross profit$8.7B6$8.9B7$10.2B5
Interest
Income before tax
Income tax
Net income$1.9B6$1.7B7$1.5B5

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Corporate structure

MEXICAN ECONOMIC DEVELOPMENT INC sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of MEXICAN ECONOMIC DEVELOPMENT INC

  • BlackRock Filed SCHEDULE 13G on MEXICAN ECONOMIC DEVELOPMENT INC, latest Jul 30, 2026
  • CASCADE INVESTMENT, L.L.C. Filed SCHEDULE 13D/A on MEXICAN ECONOMIC DEVELOPMENT INC, latest Apr 2, 2026
  • FMR LLC Filed SCHEDULE 13G on MEXICAN ECONOMIC DEVELOPMENT INC, latest May 7, 2025
  • First Eagle Investment Management, LLC Filed SCHEDULE 13G/A on MEXICAN ECONOMIC DEVELOPMENT INC, latest Feb 12, 2025 (3 filings since Feb 9, 2023)
  • MEXICAN ECONOMIC DEVELOPMENT INC O5

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What MEXICAN ECONOMIC DEVELOPMENT INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$8.5B2 Dec 31, 2024$8.4B9 Dec 31, 2023+1.6%
Operating-lease assets (leased space)$4.7B2 Dec 31, 2024$5.2B9 Dec 31, 2023−9.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$6.7B2 Dec 31, 2024$7.9B2 Dec 31, 2023−15.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$3.2B2 Dec 31, 2024$3.4B9 Dec 31, 2023−6.1%

Leadership

Who has led MEXICAN ECONOMIC DEVELOPMENT INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Garza Laguera Jose Antonio Fernandez2026
  2. Ian M. Craig2026
  3. Paul Michael Mueller2026–now

Chief financial officer

  1. Yaniz Martin Felipe Arias2026–now
Board members and other officers (32)

Timeline

  1. Mar 31, 2026New chief executive Paul Michael Mueller becomes CEO12
  2. Mar 18, 2026New chief executive Ian M. Craig becomes CEO11
  3. Mar 18, 2026New chief executive Garza Laguera Jose Antonio Fernandez becomes CEO10

Calendar

Coming up

  1. Oct 28, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.88 a share, on Oct 28, 2025.45

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

180 filings to the SEC since October 2021: 5 annual reports, 44 insider forms, 6 large holders, 125 other. The latest 20:

  1. Sep 23, 20266-K EDGAR
  2. Sep 14, 20266-K EDGAR
  3. Aug 12, 20264 PRIMARY DOCUMENT EDGAR
  4. Aug 11, 20263/A EDGAR
  5. Jul 30, 2026SCHEDULE 13G EDGAR
  6. Jul 28, 20266-K EDGAR
  7. Jul 2, 20263 EDGAR
  8. Jun 15, 20264 EDGAR
  9. Jun 8, 20266-K EDGAR
  10. May 28, 20266-K EDGAR
  11. Apr 30, 20266-K EDGAR
  12. Apr 24, 20266-K EDGAR
  13. Apr 24, 202620-F EDGAR
  14. Apr 10, 20264 EDGAR
  15. Apr 2, 2026SCHEDULE 13D/A EDGAR
  16. Mar 31, 20263 EDGAR
  17. Mar 30, 20263 EDGAR
  18. Mar 27, 20266-K EDGAR
  19. Mar 27, 20266-K EDGAR
  20. Mar 25, 20264 EDGAR

The 180 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

10 open-market trades by officers, directors and large owners since October 2021: 1 buys and 9 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 11, 2026KAHN MICHAEL DAVIDDirectorBuy2,100$118.13$248.1KForm 4
Jun 10, 2026Spas Montesinos ConstantinoAmericas & Mobility DivisionSale7,481$12.38$92.6KForm 4
Mar 27, 2026garza garza AlfonsoDirectorSale52,311$11.19$585.4KForm 4
Mar 26, 2026garza garza AlfonsoDirectorSale52,316$11.04$577.6KForm 4
Mar 25, 2026garza garza AlfonsoDirectorSale52,316$11.07$579.1KForm 4
Mar 24, 2026garza garza AlfonsoDirectorSale52,316$10.79$564.5KForm 4
Mar 23, 2026garza garza AlfonsoDirectorSale52,316$10.31$539.4KForm 4
Mar 20, 2026garza garza AlfonsoDirectorSale52,316$10.26$536.8KForm 4
Mar 19, 2026garza garza AlfonsoDirectorSale52,316$10.56$552.5KForm 4
Mar 18, 2026garza garza AlfonsoDirectorSale52,316$10.60$554.5KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How MEXICAN ECONOMIC DEVELOPMENT INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMEXICAN ECONOMIC DEVELOPMENT INC1
  • CIK0001061736
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company4
  • Incorporated inUnited Mexican States4
  • Fiscal year endsDecember 311
  • Industry code (SIC)2086 Bottled & Canned Soft Drinks & Carbonated Waters1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business addressGeneral Anaya No 601 Pte, Colonia Bella Vista, Monterrey, N.L., Monterrey, N.L., Mexico1
  • Phone5281832861671
  • Shares outstanding2,015,185,015 BD Units shares; 1,417,048,500 B Units shares as of Dec 31, 20254
  • AuditorErnst & Young Global Limited, San Pedro Garza García, Mexico PCAOB ID 1284; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceOct 13, 19981
  • Filings570 in all: 6-K (404), 3 (39), 20-F (25), UPLOAD (16), SC 13G/A (11), 424B2 (9), CORRESP (9), SC 13D/A (8)1
    All 29 form types

    SC 13G (8), F-3/A (5), FWP (5), 4 (4), F-3ASR (4), 6-K/A (3), 424B5 (2), 8-A12B (2), F-6 (2), SC 13D (2), SCHEDULE 13G (2), 25-NSE (1), 3/A (1), 424B1 (1), 424B3 (1), CERT (1), CERTNYS (1), EFFECT (1), F-3 (1), SCHEDULE 13D/A (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (20-F) Apr 24, 2026

Securities registered for trading

ClassSymbolExchange
American Depositary SharesFMXNew York Stock Exchange
4.375% Senior Notes due 2043FMX43New York Stock Exchange
3.500% Senior Notes due 2050FMX50New York Stock Exchange

From the cover page of the 20-F filed Apr 24, 2026 (Section 12(b) of the Exchange Act).4

Sources

The numbers on this page point here. Each one links to the record it came from.

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