Coca-Cola FEMSA Income Statement

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

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Operating Revenue	291,705	291,147	279,030	244,264	226,222	193,899
Other Revenue	809	599	763	824	518	905
Revenue	292,514	291,746	279,793	245,088	226,740	194,804
Revenue Growth (YoY)	2.51%	4.27%	14.16%	8.09%	16.39%	6.09%
Cost of Revenue	157,916	158,570	151,057	134,228	126,440	106,206
Gross Profit	134,598	133,176	128,736	110,860	100,300	88,598
Selling, General & Admin	93,765	92,098	88,406	76,395	69,267	60,968
Other Operating Expenses	2,006	2,014	2,873	1,534	1,059	657
Operating Expenses	95,771	94,112	91,279	77,929	70,326	61,625
Operating Income	38,827	39,064	37,457	32,931	29,974	26,973
Interest Expense	-8,491	-8,283	-6,844	-6,805	-6,214	-5,944
Interest & Investment Income	2,294	2,369	3,040	3,188	2,411	932
Earnings From Equity Investments	456	531	306	215	386	88
Currency Exchange Gain (Loss)	491	549	-589	-707	-219	166
Other Non Operating Income (Expenses)	1,484	1,581	1,508	552	-269	578
EBT Excluding Unusual Items	35,061	35,811	34,878	29,374	26,069	22,793
Gain (Loss) on Sale of Investments	-13	-13	-	-143	-	-250
Gain (Loss) on Sale of Assets	294	294	137	94	250	58
Asset Writedown	-431	-431	-482	-186	-177	-202
Legal Settlements	-237	-237	-176	-227	-505	-193
Other Unusual Items	383	383	216	93	536	734
Pretax Income	36,939	37,689	36,317	29,007	26,173	22,940
Income Tax Expense	12,680	12,673	11,768	8,781	6,547	6,609
Earnings From Continuing Operations	24,259	25,016	24,549	20,226	19,626	16,331
Net Income to Company	24,259	25,016	24,549	20,226	19,626	16,331
Minority Interest in Earnings	-1,211	-1,171	-820	-690	-592	-623
Net Income	23,048	23,845	23,729	19,536	19,034	15,708
Net Income to Common	23,048	23,845	23,729	19,536	19,034	15,708
Net Income Growth	-3.47%	0.49%	21.46%	2.64%	21.17%	52.40%
Shares Outstanding (Basic)	210	210	210	210	210	210
Shares Outstanding (Diluted)	210	210	210	210	210	210
Shares Change (YoY)	-0.01%	-	-	-	-	-
EPS (Basic)	109.72	113.51	112.96	93.00	90.61	74.78
EPS (Diluted)	109.72	113.51	112.96	93.00	90.61	74.78
EPS Growth	-3.46%	0.49%	21.46%	2.64%	21.17%	52.40%
Free Cash Flow	-	9,108	18,498	22,676	18,735	23,377
Free Cash Flow Per Share	-	43.36	88.06	107.95	89.19	111.29
Dividend Per Share	77.400	77.400	73.600	60.800	58.000	54.300
Dividend Growth	5.16%	5.16%	21.05%	4.83%	6.81%	7.74%
Gross Margin	46.01%	45.65%	46.01%	45.23%	44.24%	45.48%
Operating Margin	13.27%	13.39%	13.39%	13.44%	13.22%	13.85%
Profit Margin	7.88%	8.17%	8.48%	7.97%	8.39%	8.06%
Free Cash Flow Margin	-	3.12%	6.61%	9.25%	8.26%	12.00%
EBITDA	51,312	51,551	47,885	42,168	39,217	35,551
EBITDA Margin	17.54%	17.67%	17.11%	17.21%	17.30%	18.25%
D&A For EBITDA	12,485	12,487	10,428	9,237	9,243	8,578
EBIT	38,827	39,064	37,457	32,931	29,974	26,973
EBIT Margin	13.27%	13.39%	13.39%	13.44%	13.22%	13.85%
Effective Tax Rate	34.33%	33.63%	32.40%	30.27%	25.01%	28.81%
Revenue as Reported	292,514	291,746	279,793	245,088	226,740	194,804
Advertising Expenses	-	5,372	4,827	4,691	3,983	5,413

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