Grupo Comercial Chedraui, S.A.B. de C.V. (GCHEF)

Grupo Comercial Chedraui 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	297,674	281,762	263,058	259,326	188,487	146,287
Revenue Growth (YoY)	8.66%	7.11%	1.44%	37.58%	28.85%	13.01%
Cost of Revenue	230,062	218,908	203,871	202,254	148,152	115,086
Gross Profit	67,612	62,854	59,186	57,072	40,334	31,202
Selling, General & Admin	42,893	38,293	34,235	34,484	24,695	18,566
Other Operating Expenses	795.14	757.18	1,579	1,161	1,368	1,847
Operating Expenses	52,313	47,675	43,421	43,326	31,303	24,268
Operating Income	15,300	15,179	15,765	13,746	9,032	6,933
Interest Expense	-4,137	-3,936	-3,232	-3,382	-2,658	-2,306
Interest & Investment Income	720.09	768.93	564.81	269.22	134.76	136.07
Earnings From Equity Investments	86.45	65.61	75.03	88.77	54.47	-
Currency Exchange Gain (Loss)	30.41	42.08	57.45	49.74	25.26	-9.54
Other Non Operating Income (Expenses)	-2,302	-2,196	-2,108	-2,049	-1,356	-1,006
EBT Excluding Unusual Items	9,698	9,924	11,122	8,722	5,233	3,748
Merger & Restructuring Charges	-	-	-	-	-283.38	-
Asset Writedown	-109.45	-109.45	-52.73	-	-	-
Pretax Income	9,589	9,814	11,070	8,722	4,950	3,748
Income Tax Expense	2,941	2,995	3,176	2,546	1,469	1,073
Earnings From Continuing Operations	6,648	6,819	7,894	6,176	3,480	2,674
Minority Interest in Earnings	-73.79	-98.36	-248.77	-178.65	-60.25	-85.33
Net Income	6,574	6,721	7,645	5,997	3,420	2,589
Net Income to Common	6,574	6,721	7,645	5,997	3,420	2,589
Net Income Growth	-15.03%	-12.09%	27.48%	75.34%	32.10%	65.32%
Shares Outstanding (Basic)	960	960	960	956	958	955
Shares Outstanding (Diluted)	960	960	960	956	958	955
Shares Change (YoY)	0.28%	0.06%	0.32%	-0.12%	0.32%	-0.36%
EPS (Basic)	6.85	7.00	7.97	6.27	3.57	2.71
EPS (Diluted)	6.85	7.00	7.97	6.27	3.57	2.71
EPS Growth	-15.26%	-12.14%	27.07%	75.55%	31.68%	65.92%
Free Cash Flow	20,850	18,207	17,974	18,536	16,103	12,318
Free Cash Flow Per Share	21.71	18.96	18.73	19.38	16.82	12.90
Dividend Per Share	-	-	1.189	0.933	0.522	0.475
Dividend Growth	-	-	27.39%	78.66%	9.98%	7.01%
Gross Margin	22.71%	22.31%	22.50%	22.01%	21.40%	21.33%
Operating Margin	5.14%	5.39%	5.99%	5.30%	4.79%	4.74%
Profit Margin	2.21%	2.38%	2.91%	2.31%	1.81%	1.77%
Free Cash Flow Margin	7.00%	6.46%	6.83%	7.15%	8.54%	8.42%
EBITDA	17,549	19,630	20,178	18,045	12,057	9,366
EBITDA Margin	5.90%	6.97%	7.67%	6.96%	6.40%	6.40%
D&A For EBITDA	2,249	4,451	4,413	4,299	3,026	2,433
EBIT	15,300	15,179	15,765	13,746	9,032	6,933
EBIT Margin	5.14%	5.39%	5.99%	5.30%	4.79%	4.74%
Effective Tax Rate	30.67%	30.52%	28.69%	29.20%	29.68%	28.63%
Advertising Expenses	-	2,406	2,209	2,031	1,398	1,147

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.