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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Operating Margin %

: 8.47% (As of Sep. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. Fomento Economico MexicanoB de CV's Operating Income for the three months ended in Sep. 2023 was $914 Mil. Fomento Economico MexicanoB de CV's Revenue for the three months ended in Sep. 2023 was $10,798 Mil. Therefore, Fomento Economico MexicanoB de CV's Operating Margin % for the quarter that ended in Sep. 2023 was 8.47%.

The historical rank and industry rank for Fomento Economico MexicanoB de CV's Operating Margin % or its related term are showing as below:

FMX' s Operating Margin % Range Over the Past 10 Years
Min: 8.12   Med: 9.42   Max: 11.71
Current: 8.46


FMX's Operating Margin % is ranked better than
50.24% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 8.05 vs FMX: 8.46

Fomento Economico MexicanoB de CV's 5-Year Average Operating Margin % Growth Rate was -0.70% per year.

Fomento Economico MexicanoB de CV's Operating Income for the three months ended in Sep. 2023 was $914 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $3,610 Mil.


Fomento Economico MexicanoB de CV Operating Margin % Historical Data

The historical data trend for Fomento Economico MexicanoB de CV's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fomento Economico MexicanoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.81 8.12 9.40 8.86 8.51

Fomento Economico MexicanoB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.66 6.97 8.36 8.47 9.24

Competitive Comparison

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fomento Economico MexicanoB de CV Operating Margin % Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Operating Margin % falls into.



Fomento Economico MexicanoB de CV Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Fomento Economico MexicanoB de CV's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=3059.294 / 34530.263
=8.86 %

Fomento Economico MexicanoB de CV's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=914.409 / 10798.33
=8.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fomento Economico MexicanoB de CV  (NYSE:FMX) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Fomento Economico MexicanoB de CV Operating Margin % Related Terms

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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.