Fomento Income Before Tax from 2010 to 2024

FMX Stock  USD 88.50  1.36  1.56%   
Fomento Economico Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. During the period from 2010 to 2024, Fomento Economico Income Before Tax regression line of annual values had r-squared of  0.63 and arithmetic mean of  32,323,833,333. View All Fundamentals
 
Income Before Tax  
First Reported
1999-03-31
Previous Quarter
21.8 B
Current Value
14.7 B
Quarterly Volatility
6.1 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fomento Economico financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fomento Economico's main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.7 B, Interest Expense of 18.1 B or Selling General Administrative of 33.9 B, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0122 or PTB Ratio of 4.71. Fomento financial statements analysis is a perfect complement when working with Fomento Economico Valuation or Volatility modules.
  
Check out the analysis of Fomento Economico Correlation against competitors.

Latest Fomento Economico's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Fomento Economico Mexicano over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Fomento Economico income statement and is an important metric when analyzing Fomento Economico profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Fomento Economico's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fomento Economico's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Fomento Income Before Tax Regression Statistics

Arithmetic Mean32,323,833,333
Geometric Mean26,040,017,478
Coefficient Of Variation45.50
Mean Deviation10,719,133,333
Median28,556,000,000
Standard Deviation14,706,817,984
Sample Variance216290495.2T
Range59.2B
R-Value0.79
Mean Square Error86602323.1T
R-Squared0.63
Significance0.0004
Slope2,606,473,214
Total Sum of Squares3028066932.8T

Fomento Income Before Tax History

202460.3 B
202357.4 B
202241.9 B
202141.3 B
202018.9 B
201932.1 B
201833.6 B

About Fomento Economico Financial Statements

Fomento Economico investors use historical fundamental indicators, such as Fomento Economico's Income Before Tax, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Fomento Economico. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax57.4 B60.3 B

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Additional Tools for Fomento Stock Analysis

When running Fomento Economico's price analysis, check to measure Fomento Economico's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fomento Economico is operating at the current time. Most of Fomento Economico's value examination focuses on studying past and present price action to predict the probability of Fomento Economico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomento Economico's price. Additionally, you may evaluate how the addition of Fomento Economico to your portfolios can decrease your overall portfolio volatility.