Mexican Economic Development (FMX) Receivables Refunds (2009 - 2025)
Mexican Economic Development (FMX) reported Receivables Refunds of $1.7 billion for Q4 2025, up 26.38% year-over-year from $1.3 billion in Q4 2024, and up 43614492.79% on a QoQ basis from $3785.0 in Q3 2025.
Mexican Economic Development (FMX) has 14 years of Receivables Refunds data on file, last reported at $1.7 billion in Q4 2025.
- Quarterly Receivables Refunds rose 26.38% year-over-year to $1.7 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.7 billion (up 26.38% YoY) and the FY2025 annual result came in at $1.7 billion, up 10562659.66% from the prior year.
- Receivables Refunds grew to $1.7 billion in Q4 2025 per FMX's latest filing, from $3785.0 in the prior quarter.
- Across five years, Receivables Refunds topped out at $14.3 billion in Q1 2021 and bottomed at $2022.0 in Q1 2022.
- The 5-year median for Receivables Refunds is $82.6 million (2021), against an average of $1.1 billion.
- Peak annual rise in Receivables Refunds reached 114.05% in 2023, while the deepest fall reached 100.0% in 2023.
- Tracing FMX's Receivables Refunds over 5 years: stood at $872.6 million in 2021, then gained by 12.78% to $984.1 million in 2022, then gained by 20.11% to $1.2 billion in 2023, then rose by 10.5% to $1.3 billion in 2024, then increased by 26.38% to $1.7 billion in 2025.
- Per Business Quant, the three latest FMX Receivables Refunds figures stand at $1.7 billion (Q4 2025), $3785.0 (Q3 2025), and $4339.0 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Refund Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,105.18 Bn | 3,730.53 Bn | 387.52 Bn | 22.70 Bn |
| 2 | Anheuser-Busch InBev | 144.87 Bn | 132.65 Bn | 8.61 Bn | 785.00 Mn |
| 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 | 672.08 Mn |
| 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 | 16.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.65 Bn |
| Sep 30, 2025 | 3,785.00 |
| Jun 30, 2025 | 4,339.00 |
| Mar 31, 2025 | 4,781.00 |
| Dec 31, 2024 | 1.31 Bn |
| Sep 30, 2024 | 5,936.00 |
| Jun 30, 2024 | 6,555.00 |
| Mar 31, 2024 | 3,356.00 |
| Dec 31, 2023 | 1.18 Bn |
| Sep 30, 2023 | 6,400.00 |
| Jun 30, 2023 | 5,109.00 |
| Mar 31, 2023 | 4,328.00 |
| Dec 31, 2022 | 984.10 Mn |
| Sep 30, 2022 | 221.62 Mn |
| Jun 30, 2022 | 233.24 Mn |
| Mar 31, 2022 | 2,022.00 |
| Dec 31, 2021 | 872.58 Mn |
| Sep 30, 2021 | 210.15 Mn |
| Jun 30, 2021 | 165.26 Mn |
| Feb 28, 2021 | 14.28 Bn |
| Dec 31, 2020 | 831.42 Mn |
| Sep 30, 2020 | 1.20 Bn |
| Jun 30, 2020 | 245.99 Mn |
| Dec 31, 2019 | 974.37 Mn |
| Jun 30, 2019 | 887.00 Mn |
| Dec 31, 2018 | 833.17 Mn |
| Dec 31, 2017 | 594.70 Mn |
| Dec 31, 2016 | 466.01 Mn |
| Dec 31, 2015 | 509.84 Mn |
| Dec 31, 2014 | 578.85 Mn |
| Dec 31, 2011 | 163.89 Mn |
| Sep 30, 2011 | 169.53 Mn |
| Jun 30, 2011 | 156.89 Mn |
| Mar 31, 2011 | 108.24 Mn |
| Dec 31, 2009 | -67.33 Mn |
| Jun 30, 2009 | -117.87 |