Coca-Cola FEMSA, S.A.B. de C.V. Income Statement 2024-2011 | KOF

Brief overview of revenue and earnings at Coca-Cola FEMSA, S.A.B. de C.V.

The overview follows changes across a five-year period. Revenue at Coca-Cola FEMSA, S.A.B. de C.V. moved from 182 billion MXN in 2018 to 237 billion MXN in 2023. The cumulative result was +29.8%, corresponding to roughly 5.4% per year. Revenue advanced gradually over the five-year period.

The gross result shifted from 83.9 billion MXN to 111 billion MXN, or +32.1%. The cost base moved against the top-line trend and weighed on the gross result. The gross margin was 46% at the start and 46.8% at the end. The gross margin stayed within a similar range.

The five-year EBITDA result moved by −100%: from 35.2 billion MXN to 0 MXN. The operating result developed less favorably than sales. Comparing the endpoints gives EBITDA margins of 19.3% and 0%. The margin contraction indicates weaker operating efficiency.

Over the period, net income shifted from 13.9 billion MXN to 20.2 billion MXN (+45.4%). Net income reached a five-year high at the end of the interval.

Market capitalization changed from 12.9 billion MXN to 1.6 trillion MXN (+12069.1%). A large part of future progress may already be reflected in the valuation.

Summary assessment

The results present an uneven picture without one dominant signal. Key strengths include steady gross profitability, revenue expansion and a stronger final result. The overall view is constrained by limited operating profitability and pressure on operating profitability. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.