Fomento Return On Assets from 2010 to 2024

FMX Stock  USD 87.52  1.87  2.09%   
Fomento Economico Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to 0.06 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Fomento Economico Mexicano earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.08151456
Current Value
0.0575
Quarterly Volatility
0.01942281
 
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 Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Fomento Economico Mexicano over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Fomento Economico's Return On Assets 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.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

Fomento Return On Assets Regression Statistics

Arithmetic Mean0.05
Geometric Mean0.04
Coefficient Of Variation42.41
Mean Deviation0.02
Median0.04
Standard Deviation0.02
Sample Variance0.0004
Range0.0755
R-Value(0.1)
Mean Square Error0.0004
R-Squared0.01
Significance0.73
Slope(0.0004)
Total Sum of Squares0.01

Fomento Return On Assets History

2024 0.0575
2023 0.0815
2022 0.0299
2021 0.0386
2020 0.006013
2019 0.0325
2018 0.0364

About Fomento Economico Financial Statements

Fomento Economico investors use historical fundamental indicators, such as Fomento Economico's Return On Assets, 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
Return On Assets 0.08  0.06 

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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.