Growth Metrics

Mexican Economic Development (FMX) Notes Payables (2014 - 2025)

Mexican Economic Development (FMX) reported Notes Payables of $320.3 million for Q4 2025, up 70.11% year-over-year from $188.3 million in Q4 2024, and up 70.11% on a QoQ basis from $188.3 million in Q4 2024.

Mexican Economic Development (FMX) has 12 years of Notes Payables data on file, last reported at $320.3 million in Q4 2025.

  • Quarterly Notes Payables rose 70.11% year-over-year to $320.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $320.3 million (up 70.11% YoY) and the FY2025 annual result came in at $326.0 million, up 80.11% from the prior year.
  • Notes Payables rose to $320.3 million in Q4 2025 per FMX's latest filing, from $188.3 million in the prior quarter.
  • Across five years, Notes Payables topped out at $320.3 million in Q4 2025 and bottomed at $94.6 million in Q4 2022.
  • The 5-year median for Notes Payables is $139.8 million (2023), against an average of $167.9 million.
  • The widest annual swing landed in 2021, when Notes Payables tumbled 55.54%; it then surged 70.11% in 2025.
  • Tracing FMX's Notes Payables over 5 years: stood at $96.6 million in 2021, then fell by 2.04% to $94.6 million in 2022, then jumped by 47.73% to $139.8 million in 2023, then jumped by 34.66% to $188.3 million in 2024, then surged by 70.11% to $320.3 million in 2025.
  • Per Business Quant, the three latest FMX Notes Payables figures stand at $320.3 million (Q4 2025), $188.3 million (Q4 2024), and $139.8 million (Q4 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 United Breweries 4,105.18 Bn 3,730.53 Bn 387.52 Bn
2 Anheuser-Busch InBev 144.87 Bn 132.65 Bn 8.61 Bn
3 Mexican Economic Development 102.46 Bn 96.50 Bn -
4 Constellation Brands 26.22 Bn 26.12 Bn 951.70 Mn
5 Ambev 9.36 Bn 5.68 Bn 2.42 Bn
6 Molson Coors Beverage 8.04 Bn 7.77 Bn 897.20 Mn
7 Boston Beer 1.99 Bn 1.83 Bn 213.96 Mn

Historic Data

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DateValue
Dec 31, 2025 320.27 Mn
Dec 31, 2024 188.27 Mn
Dec 31, 2023 139.82 Mn
Dec 31, 2022 94.64 Mn
Dec 31, 2021 96.61 Mn
Dec 31, 2020 217.29 Mn
Dec 31, 2019 204.37 Mn
Dec 31, 2018 586.37 Mn
Sep 30, 2018 533.87 Mn
Jun 30, 2018 621.15 Mn
Mar 31, 2018 600.03 Mn
Dec 31, 2017 641.45 Mn
Sep 30, 2017 120.94 Mn
Jun 30, 2017 110.53 Mn
Mar 31, 2017 119.13 Mn
Dec 31, 2016 154.16 Mn
Sep 30, 2016 196.24 Mn
Jun 30, 2016 185.79 Mn
Mar 31, 2016 218.80 Mn
Dec 31, 2015 207.06 Mn
Jun 30, 2015 233.42 Mn
Mar 31, 2015 90.23 Mn
Dec 31, 2014 86.94 Mn