Wal-Mart de México Income Statement

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

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	996,588	951,643	880,122	813,060	730,352	696,711
Other Revenue	5,882	5,882	5,618	5,165	4,845	4,382
Revenue	1,002,470	957,524	885,740	818,226	735,197	701,093
Revenue Growth (YoY)	7.02%	8.10%	8.25%	11.29%	4.87%	8.48%
Cost of Revenue	761,217	727,034	675,965	627,771	564,204	539,694
Gross Profit	241,253	230,490	209,775	190,455	170,993	161,398
Selling, General & Admin	166,716	156,085	136,747	124,693	110,181	105,042
Other Operating Expenses	-2,235	-3,067	-304.31	-2,299	-1,680	-1,099
Operating Expenses	164,481	153,019	136,443	122,394	108,501	103,943
Operating Income	76,772	77,472	73,332	68,061	62,492	57,455
Interest Expense	-8,593	-8,593	-7,837	-7,050	-6,479	-6,410
Interest & Investment Income	1,524	2,657	3,021	2,025	866.11	986.29
Currency Exchange Gain (Loss)	17.13	-738.42	283.68	428.5	11.37	257.39
Other Non Operating Income (Expenses)	-3,403	-1,753	-137.5	-48.91	-10.49	-2,817
EBT Excluding Unusual Items	66,317	69,044	68,663	63,416	56,880	49,472
Asset Writedown	-112.55	-112.55	-56.32	-49.01	-159.13	-8.14
Other Unusual Items	-	-	-	-	574.8	-
Pretax Income	66,205	68,931	68,607	63,367	57,296	49,464
Income Tax Expense	15,714	15,104	17,017	14,392	13,158	16,029
Earnings From Continuing Operations	50,491	53,827	51,590	48,974	44,138	33,435
Net Income to Company	50,491	53,827	51,590	48,974	44,138	33,435
Net Income	50,491	53,827	51,590	48,974	44,138	33,435
Net Income to Common	50,491	53,827	51,590	48,974	44,138	33,435
Net Income Growth	-5.84%	4.34%	5.34%	10.96%	32.01%	-11.78%
Shares Outstanding (Basic)	17,376	17,446	17,459	17,461	17,461	17,461
Shares Outstanding (Diluted)	17,376	17,446	17,459	17,461	17,461	17,461
Shares Change (YoY)	-0.70%	-0.07%	-0.01%	-	-	-
EPS (Basic)	2.91	3.09	2.96	2.80	2.53	1.91
EPS (Diluted)	2.91	3.09	2.96	2.80	2.53	1.91
EPS Growth	-5.18%	4.41%	5.36%	10.96%	32.01%	-11.78%
Free Cash Flow	42,144	37,872	56,329	43,166	44,415	44,645
Free Cash Flow Per Share	2.43	2.17	3.23	2.47	2.54	2.56
Dividend Per Share	1.300	1.300	1.180	1.120	1.000	0.900
Dividend Growth	10.17%	10.17%	5.36%	12.00%	11.11%	3.45%
Gross Margin	24.07%	24.07%	23.68%	23.28%	23.26%	23.02%
Operating Margin	7.66%	8.09%	8.28%	8.32%	8.50%	8.20%
Profit Margin	5.04%	5.62%	5.83%	5.99%	6.00%	4.77%
Free Cash Flow Margin	4.20%	3.96%	6.36%	5.28%	6.04%	6.37%
EBITDA	95,563	94,578	88,799	82,837	76,674	71,502
EBITDA Margin	9.53%	9.88%	10.03%	10.12%	10.43%	10.20%
D&A For EBITDA	18,791	17,107	15,467	14,776	14,182	14,046
EBIT	76,772	77,472	73,332	68,061	62,492	57,455
EBIT Margin	7.66%	8.09%	8.28%	8.32%	8.50%	8.20%
Effective Tax Rate	23.74%	21.91%	24.80%	22.71%	22.96%	32.41%
Revenue as Reported	958,507	958,507	886,523	819,169	736,044	701,734

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