Mexican Economic Development (FMX) Operating Margin (2009 - 2025)
Mexican Economic Development's (FMX) quarterly Operating Margin came in at 11.15% in Q4 2025, up 278.0% year-on-year from 2.95% in Q4 2024, and up 32.06% on a QoQ basis from 8.44% in Q3 2025.
Mexican Economic Development (FMX) Operating Margin (2009 - 2025) Analysis & Trends
Mexican Economic Development (FMX) has 17 years of Operating Margin data on file, last reported at 11.15% in Q4 2025.
- On a quarterly basis, Operating Margin rose 278.0% year-over-year to 11.15% in Q4 2025; TTM through Dec 2025 was 8.02%, a 36.0% decrease from a year earlier, with the FY2025 full-year figure at 0.0%, changed 0.0% from the prior year.
- Operating Margin for Q4 2025 stood at 11.15%, up from 8.44% in the prior quarter.
- Over the last five years, Operating Margin for FMX reached as high as 17106894.89% in Q1 2021 and fell as low as 0.0% in Q1 2022.
- Historically, Operating Margin has averaged 814622.14% across 5 years, with a median of 8.83% in 2024.
- Across the five-year window, Operating Margin slumped 2317 bps in 2021 and jumped 697 bps in 2023, its largest moves.
- Year by year, Operating Margin stood at 9.02% in 2021, then climbed by 9 bps to 9.8% in 2022, then retreated by 17 bps to 8.09% in 2023, then increased by 4 bps to 8.38% in 2024, then jumped by 33 bps to 11.15% in 2025.
- Per Business Quant data, the three most recent Operating Margin figures were 11.15% in Q4 2025, 8.44% in Q3 2025, and 8.44% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,330.57 Bn | 3,689.35 Bn | 387.52 Bn | 54.39% |
| 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 | 23.39% |
| 4 | Ambev | 49.20 Bn | 45.43 Bn | 2.42 Bn | 27.83% |
| 5 | Constellation Brands | 23.03 Bn | 22.93 Bn | 1.32 Bn | 32.63% |
| 6 | Molson Coors Beverage | 8.13 Bn | 7.74 Bn | 897.20 Mn | 70.42% |
| 7 | Boston Beer | 1.95 Bn | 1.69 Bn | 286.37 Mn | 11.64% |
| 8 | NFiniTi | 720.00 Mn | 719.98 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 11.15% |
| Sep 30, 2025 | 8.44% |
| Jun 30, 2025 | 8.44% |
| Mar 31, 2025 | 6.93% |
| Dec 31, 2024 | 8.38% |
| Sep 30, 2024 | 8.83% |
| Jun 30, 2024 | 8.87% |
| Mar 31, 2024 | 7.34% |
| Dec 31, 2023 | 8.09% |
| Sep 30, 2023 | 8.35% |
| Jun 30, 2023 | 8.36% |
| Mar 31, 2023 | 6.97% |
| Dec 31, 2022 | 9.80% |
| Sep 30, 2022 | 8.97% |
| Jun 30, 2022 | 9.17% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 9.02% |
| Sep 30, 2021 | 9.11% |
| Jun 30, 2021 | 10.19% |
| Mar 31, 2021 | 13.71% |