Mexican Economic Development (FMX) Gross Margin (2009 - 2025)

Mexican Economic Development's (FMX) quarterly Gross Margin came in at 41.54% in Q4 2025, up 133.0% year-on-year from 17.83% in Q4 2024, and up 4.02% on a QoQ basis from 39.93% in Q3 2025.

Mexican Economic Development (FMX) Gross Margin (2009 - 2025) Analysis & Trends

Mexican Economic Development (FMX) has 17 years of Gross Margin data on file, last reported at 41.54% in Q4 2025.

  • On a quarterly basis, Gross Margin rose 133.0% year-over-year to 41.54% in Q4 2025; TTM through Dec 2025 was 40.32%, a 10.0% increase from a year earlier, with the FY2025 full-year figure at 40.62%, down 52.0% from the prior year.
  • Gross Margin for Q4 2025 stood at 41.54%, up from 39.93% in the prior quarter.
  • Over the last five years, Gross Margin for FMX reached as high as 44.58% in Q1 2021 and fell as low as 120.9% in Q1 2021.
  • Historically, Gross Margin has averaged 29.91% across 5 years, with a median of 38.97% in 2023.
  • Across the five-year window, Gross Margin slumped 4458 bps in 2022 and jumped 3722 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 38.0% in 2021, then grew by 4 bps to 39.58% in 2022, then slipped by 2 bps to 38.89% in 2023, then advanced by 3 bps to 40.21% in 2024, then gained by 3 bps to 41.54% in 2025.
  • Per Business Quant data, the three most recent Gross Margin figures were 41.54% in Q4 2025, 39.93% in Q3 2025, and 40.65% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 United Breweries 4,330.57 Bn 3,689.35 Bn 387.52 Bn 47.29%
2 Mexican Economic Development 1,197.42 Bn 1,191.27 Bn - -
3 Anheuser-Busch InBev 166.02 Bn 153.80 Bn 8.61 Bn 55.37%
4 Ambev 49.20 Bn 45.43 Bn 2.42 Bn 52.63%
5 Constellation Brands 23.03 Bn 22.93 Bn 1.32 Bn 50.98%
6 Molson Coors Beverage 8.13 Bn 7.74 Bn 897.20 Mn 244.60%
7 Boston Beer 1.95 Bn 1.69 Bn 286.37 Mn 47.12%
8 NFiniTi 720.00 Mn 719.98 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 41.54%
Sep 30, 2025 39.93%
Jun 30, 2025 40.65%
Mar 31, 2025 40.30%
Dec 31, 2024 40.21%
Sep 30, 2024 40.34%
Jun 30, 2024 41.48%
Mar 31, 2024 38.66%
Dec 31, 2023 38.89%
Sep 30, 2023 38.97%
Jun 30, 2023 37.62%
Mar 31, 2023 37.23%
Dec 31, 2022 39.58%
Sep 30, 2022 37.42%
Jun 30, 2022 37.07%
Mar 31, 2022 0.00%
Dec 31, 2021 38.00%
Sep 30, 2021 37.27%
Jun 30, 2021 39.30%
Mar 31, 2021 44.58%