Grupo México, S.A.B. de C.V. (GMBXF)

Grupo México Income Statement

Financials in millions USD. 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	16,871	16,169	14,367	13,870	14,777	10,909
Revenue Growth (YoY)	7.28%	12.55%	3.58%	-6.13%	35.45%	2.14%
Cost of Revenue	7,546	7,508	6,915	6,494	5,560	5,279
Gross Profit	9,325	8,662	7,452	7,377	9,217	5,630
Selling, General & Admin	354.95	344.56	332.74	289.61	273.96	264.8
Other Operating Expenses	78.85	-	-	-	-	-0.02
Operating Expenses	1,861	1,772	1,575	1,415	1,385	1,329
Operating Income	7,464	6,890	5,877	5,962	7,832	4,301
Interest Expense	-605.78	-575.54	-562.14	-535.77	-549.76	-549.81
Interest & Investment Income	426.64	415.05	334.62	120.85	31.94	27.63
Earnings From Equity Investments	34.56	18.39	17.86	-6.71	16.49	2.87
Currency Exchange Gain (Loss)	51.5	-50.9	33.44	5.93	9.36	-20.47
Other Non Operating Income (Expenses)	-13.01	-13.01	47.34	-38.34	4.36	53.76
EBT Excluding Unusual Items	7,358	6,684	5,748	5,508	7,344	3,815
Impairment of Goodwill	-18.4	-18.4	-13.3	-4.5	-4.4	-
Gain (Loss) on Sale of Investments	-	-	-	15.91	-304.23	318.29
Gain (Loss) on Sale of Assets	-29.2	-29.2	-81.78	-31.16	-21.38	-28.86
Pretax Income	7,312	6,638	5,653	5,567	7,014	4,104
Income Tax Expense	2,252	2,406	1,673	1,825	2,482	1,476
Earnings From Continuing Operations	5,059	4,231	3,980	3,742	4,533	2,627
Minority Interest in Earnings	-706.13	-616.15	-605.21	-595.09	-579	-347.08
Net Income	4,353	3,615	3,375	3,147	3,954	2,280
Net Income to Common	4,353	3,615	3,375	3,147	3,954	2,280
Net Income Growth	20.75%	7.13%	7.23%	-20.40%	73.38%	2.97%
Shares Outstanding (Basic)	7,849	7,785	7,785	7,785	7,785	7,785
Shares Outstanding (Diluted)	7,849	7,785	7,785	7,785	7,785	7,785
EPS (Basic)	0.55	0.46	0.43	0.40	0.51	0.29
EPS (Diluted)	0.55	0.46	0.43	0.40	0.51	0.29
EPS Growth	19.68%	7.13%	7.23%	-20.40%	73.38%	2.97%
Free Cash Flow	4,203	4,236	4,154	3,155	5,012	3,250
Free Cash Flow Per Share	0.54	0.54	0.53	0.41	0.64	0.42
Dividend Per Share	0.260	0.221	0.213	0.218	0.329	0.173
Dividend Growth	12.66%	3.67%	-2.27%	-33.83%	89.91%	2.19%
Gross Margin	55.27%	53.57%	51.87%	53.18%	62.37%	51.61%
Operating Margin	44.24%	42.61%	40.90%	42.98%	53.00%	39.42%
Profit Margin	25.80%	22.36%	23.49%	22.69%	26.76%	20.90%
Free Cash Flow Margin	24.91%	26.20%	28.92%	22.75%	33.92%	29.80%
EBITDA	8,641	8,067	6,942	6,925	8,780	5,193
EBITDA Margin	51.22%	49.89%	48.32%	49.93%	59.42%	47.60%
D&A For EBITDA	1,178	1,177	1,065	963.39	948.51	892.72
EBIT	7,464	6,890	5,877	5,962	7,832	4,301
EBIT Margin	44.24%	42.61%	40.90%	42.98%	53.00%	39.42%
Effective Tax Rate	30.81%	36.25%	29.60%	32.78%	35.38%	35.98%
Revenue as Reported	16,169	16,169	14,367	13,870	14,777	10,909

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