Grupo Bimbo Income Statement

Financials in millions MXN. Fiscal year is January - December.

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	426,952	408,335	399,879	398,706	338,792
Revenue Growth (YoY)	4.56%	2.11%	0.29%	17.69%	4.91%
Cost of Revenue	202,074	192,272	193,338	192,337	156,770
Gross Profit	224,878	216,063	206,541	206,369	182,022
Selling, General & Admin	183,889	175,475	165,748	167,557	147,963
Other Operating Expenses	2,332	1,135	1,031	988	933
Operating Expenses	186,221	176,610	166,779	168,545	148,896
Operating Income	38,656	39,453	39,762	37,824	33,126
Interest Expense	-14,465	-12,789	-9,595	-7,119	-7,429
Interest & Investment Income	897.15	924	809	740	363
Earnings From Equity Investments	-2.25	464	316	452	247
Currency Exchange Gain (Loss)	-383.38	-506	-1,323	-995	-538
Other Non Operating Income (Expenses)	-49.93	-225	-1,470	17,900	2,059
EBT Excluding Unusual Items	24,653	27,321	28,499	48,802	27,828
Merger & Restructuring Charges	-4,449	-6,610	-3,247	-2,024	-2,783
Impairment of Goodwill	-	-	-303	-1,597	-315
Gain (Loss) on Sale of Assets	5.4	83	175	-33	187
Asset Writedown	-66.5	240	76	730	-63
Other Unusual Items	-	-	124	-	-
Pretax Income	20,143	21,034	25,324	45,878	24,854
Income Tax Expense	7,197	6,797	8,386	14,381	8,726
Earnings From Continuing Operations	12,946	14,237	16,938	31,497	16,128
Earnings From Discontinued Operations	-	-194	-16	16,586	1,224
Net Income to Company	12,946	14,043	16,922	48,083	17,352
Minority Interest in Earnings	-1,813	-1,499	-1,445	-1,173	-1,436
Net Income	11,133	12,544	15,477	46,910	15,916
Net Income to Common	11,133	12,544	15,477	46,910	15,916
Net Income Growth	-11.25%	-18.95%	-67.01%	194.73%	74.69%
Shares Outstanding (Basic)	4,315	4,357	4,418	4,449	4,487
Shares Outstanding (Diluted)	4,315	4,357	4,418	4,449	4,487
Shares Change (YoY)	-0.97%	-1.38%	-0.69%	-0.86%	-1.44%
EPS (Basic)	2.58	2.88	3.50	10.54	3.55
EPS (Diluted)	2.58	2.88	3.50	10.54	3.55
EPS Growth	-10.38%	-17.82%	-66.78%	197.29%	77.24%
Free Cash Flow	25,213	10,505	-3,343	10,182	25,105
Free Cash Flow Per Share	5.84	2.41	-0.76	2.29	5.59
Dividend Per Share	-	1.000	0.940	1.430	0.650
Dividend Growth	-	6.38%	-34.27%	120.00%	-35.00%
Gross Margin	52.67%	52.91%	51.65%	51.76%	53.73%
Operating Margin	9.05%	9.66%	9.94%	9.49%	9.78%
Profit Margin	2.61%	3.07%	3.87%	11.77%	4.70%
Free Cash Flow Margin	5.91%	2.57%	-0.84%	2.55%	7.41%
EBITDA	57,990	57,666	54,295	51,283	45,078
EBITDA Margin	13.58%	14.12%	13.58%	12.86%	13.31%
D&A For EBITDA	19,334	18,213	14,533	13,459	11,952
EBIT	38,656	39,453	39,762	37,824	33,126
EBIT Margin	9.05%	9.66%	9.94%	9.49%	9.78%
Effective Tax Rate	35.73%	32.31%	33.12%	31.35%	35.11%
Advertising Expenses	15,637	15,178	15,066	14,218	12,907

Source: S&P Global Market Intelligence. Standard template. Financial Sources.