Fomento Económico Mexicano, S.A.B. de C.V. FMX NYSE

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) has shown declining revenue growth over the past 3 years, expanding from $673.2B to $46.6B (average -26.1%/yr). Net income reached $1.1B, reflecting solid earnings growth at +6.5%/yr on average. The net profit margin is 2.3%, which is thin. The company has maintained profitability in all 4 of the past 4 years, demonstrating a consistent earnings track record. The gross margin is 40.6% (moderate), with a +3.2pp trend over the period. With a $23B market cap and MOAT composite score of 77/100, the company has a strong competitive position.

Criteria proven by this page:

• GROWTH (40/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 31-year history, the company was profitable in 31 of 31 years — a perfect long-term track record
• INCOME (30/100, Partial) — the company is profitable but margin is below 15%
• MOAT (77/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 59/100 with 3/7 criteria passed.