Coca-Cola FEMSA, S.A.B. de C.V. (COCSF)

Coca-Cola FEMSA Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	285,384	279,030	244,264	226,222	193,899	181,520
Other Revenue	763	763	824	518	905	2,095
Revenue	286,147	279,793	245,088	226,740	194,804	183,615
Revenue Growth (YoY)	13.70%	14.16%	8.09%	16.39%	6.09%	-5.58%
Cost of Revenue	154,007	151,057	134,228	126,440	106,206	100,804
Gross Profit	132,140	128,736	110,860	100,300	88,598	82,811
Selling, General & Admin	91,216	88,406	76,395	69,267	60,968	56,675
Other Operating Expenses	2,985	2,873	1,534	1,059	657	849
Operating Expenses	94,202	91,279	77,929	70,326	61,625	57,524
Operating Income	37,938	37,457	32,931	29,974	26,973	25,287
Interest Expense	-6,926	-6,844	-7,176	-6,214	-5,944	-7,663
Interest & Investment Income	3,008	3,040	3,188	2,411	932	1,047
Earnings From Equity Investments	429.25	306	215	386	88	-281
Currency Exchange Gain (Loss)	-673.75	-589	-707	-219	166	-65
Other Non Operating Income (Expenses)	1,769	1,508	923	-269	578	452
EBT Excluding Unusual Items	35,545	34,878	29,374	26,069	22,793	18,777
Gain (Loss) on Sale of Investments	-	-	-143	-	-250	-2,289
Gain (Loss) on Sale of Assets	137	137	94	250	58	96
Asset Writedown	-482	-482	-186	-177	-202	-666
Legal Settlements	-176	-176	-227	-505	-193	-498
Other Unusual Items	216	216	93	536	734	376
Pretax Income	36,984	36,317	29,007	26,173	22,940	15,796
Income Tax Expense	12,191	11,768	8,781	6,547	6,609	5,428
Earnings From Continuing Operations	24,793	24,549	20,226	19,626	16,331	10,368
Net Income to Company	24,793	24,549	20,226	19,626	16,331	10,368
Minority Interest in Earnings	-930.82	-820	-690	-592	-623	-61
Net Income	23,862	23,729	19,536	19,034	15,708	10,307
Net Income to Common	23,862	23,729	19,536	19,034	15,708	10,307
Net Income Growth	15.66%	21.46%	2.64%	21.17%	52.40%	-14.82%
Shares Outstanding (Basic)	210	210	210	210	210	210
Shares Outstanding (Diluted)	210	210	210	210	210	210
EPS (Basic)	113.60	112.96	93.00	90.61	74.78	49.07
EPS (Diluted)	113.60	112.96	93.00	90.61	74.78	49.07
EPS Growth	15.66%	21.46%	2.64%	21.17%	52.40%	-14.82%
Free Cash Flow	10,993	18,498	22,676	18,735	23,377	25,492
Free Cash Flow Per Share	52.33	88.06	107.95	89.19	111.29	121.35
Dividend Per Share	73.600	73.600	60.800	58.000	54.300	50.400
Dividend Growth	21.05%	21.05%	4.83%	6.81%	7.74%	3.70%
Gross Margin	46.18%	46.01%	45.23%	44.24%	45.48%	45.10%
Operating Margin	13.26%	13.39%	13.44%	13.22%	13.85%	13.77%
Profit Margin	8.34%	8.48%	7.97%	8.39%	8.06%	5.61%
Free Cash Flow Margin	3.84%	6.61%	9.25%	8.26%	12.00%	13.88%
EBITDA	48,741	47,900	42,168	39,217	35,551	34,722
EBITDA Margin	17.03%	17.12%	17.21%	17.30%	18.25%	18.91%
D&A For EBITDA	10,803	10,443	9,237	9,243	8,578	9,435
EBIT	37,938	37,457	32,931	29,974	26,973	25,287
EBIT Margin	13.26%	13.39%	13.44%	13.22%	13.85%	13.77%
Effective Tax Rate	32.96%	32.40%	30.27%	25.01%	28.81%	34.36%
Revenue as Reported	279,793	279,793	245,088	226,740	194,804	183,615
Advertising Expenses	-	-	4,691	3,983	5,413	5,043

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