Fomento Income Tax Expense from 2010 to 2024

FMX Stock  USD 87.52  1.87  2.09%   
Fomento Economico Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense will likely drop to about 6.8 B in 2024. During the period from 2010 to 2024, Fomento Economico Income Tax Expense regression line of annual values had r-squared of  0.49 and arithmetic mean of  9,301,207,749. View All Fundamentals
 
Income Tax Expense  
First Reported
1998-03-31
Previous Quarter
6.6 B
Current Value
5.9 B
Quarterly Volatility
2.5 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 Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Fomento Economico Mexicano over the last few years. It is Fomento Economico's Income Tax Expense 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 Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Fomento Income Tax Expense Regression Statistics

Arithmetic Mean9,301,207,749
Geometric Mean7,740,848,328
Coefficient Of Variation40.21
Mean Deviation2,897,939,434
Median7,949,000,000
Standard Deviation3,740,036,802
Sample Variance13987875.3T
Range14.4B
R-Value0.70
Mean Square Error7707635T
R-Squared0.49
Significance0
Slope584,413,620
Total Sum of Squares195830253.9T

Fomento Income Tax Expense History

20246.8 B
202313 B
202213.5 B
202114.3 B
202014.8 B
201910.5 B
201810.2 B

About Fomento Economico Financial Statements

Fomento Economico investors use historical fundamental indicators, such as Fomento Economico's Income Tax Expense, 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 Tax Expense13 B6.8 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.