FEMSA (ADR) (FMX)
Combines OXXO-led proximity retail with Coca-Cola bottling and digital services across multiple markets.
Something off on this page? Send us feedback.
Operates OXXO-led proximity stores, Coca-Cola bottling, pharmacies, fuel stations, European convenience and food service, and Spin digital services. Proximity retail and Coca-Cola FEMSA are the two largest revenue pillars, linking frequent consumer traffic with beverage production and distribution across the Americas and Europe.
Runs OXXO-led proximity retail across the Americas, Valora convenience and food-service formats in Europe, pharmacy chains, OXXO Gas, and Spin financial and loyalty services. Coca-Cola FEMSA produces, distributes, and markets Coca-Cola-trademark beverages across Latin America.
Proximity Americas and Coca-Cola FEMSA are the two largest revenue pillars. The portfolio pairs frequent consumer visits with bottling and route-to-market execution, while the refocused structure concentrates on Retail, Coca-Cola FEMSA, and Digital.
Operations span Latin America, the United States, and Europe. Results depend on consumer traffic through small-format stores, The Coca-Cola Company's franchise system, regulated beverage and pharmacy markets, and a family-influenced voting trust.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 24, 2026 | BBVA | Downgrade | ||
| Aug 11, 2026 | Santander | Downgrade | Rating: — | |
| Aug 11, 2026 | Banco Santander | Target | Target: — | Target: $130 |
| Aug 6, 2026 | UBS | Downgrade | ||
| Aug 4, 2026 | Bank of America Securities | Upgrade | Rating: — |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $116.55B · Total debt $14.47B · Total assets $45.92B · Shareholders' equity $12.39B
- Revenue
- $13.22B
- Operating income
- $1.09B
- Net income
- $316.7M
HistoryDividendAnnual yield
| Institutions | ≈ 18.94% | 64.51M ADS | |
|---|---|---|---|
| 352 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 0.00% | 2.1K ADS | |
| 1 holder · as of Aug 12, 2026 | |||
| Other | ≈ 81.06% | 276.17M ADS | |
| remainder | |||
340.68M ADS (1 ADS = 6 ordinary shares) as of Sep 1, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2022 annual report; nothing newer is on file here.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
First Eagle Investment Management, LLCInstitution | 3.82% | 13.01M ADS | as of Jun 30, 2026 |
Royal Bank of CanadaInstitution | 1.83% | 6.25M ADS | as of Jun 30, 2026 |
Harding Loevner LPInstitution | 1.58% | 5.38M ADS | as of Jun 30, 2026 |
FMR LLCInstitution | 1.04% | 3.56M ADS | as of Jun 30, 2026 |
Nuveen, LLCInstitution | 0.85% | 2.91M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 11, 2026 | Michael David Kahn | director | +2,100 | $118.13 |
| Jun 10, 2026 | Montesinos Constantino Spas | officer: Americas & Mobility Division | −7,481 | $12.38 |
| Mar 27, 2026 | garza Alfonso garza | director | −52,311 | $11.19 |
| Mar 26, 2026 | garza Alfonso garza | director | −52,316 | $11.04 |
| Mar 25, 2026 | garza Alfonso garza | director | −52,316 | $11.07 |
- PepsiCo
Beverage-system rival across Mexico and Latin America.
- Ambev (ADR)
Direct bottling and route-to-market rival in South America.
- MercadoLibre
Latin American digital-wallet and payments rival.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| FEMSA (ADR) | $121.63 | +1.48% | $40.83B | 22.7 | 23.2 | 0.8 | +17.1% |
| PepsiCo | $130.81 | +0.94% | $177.02B | 17.0 | 15.0 | 1.8 | +6.4% |
| Ambev (ADR) | $3.00 | +0.50% | $46.05B | 14.6 | 18.0 | 2.7 | +10.8% |
| MercadoLibre | $1,807.12 | −0.73% | $92.29B | 49.5 | 41.9 | 2.6 | +50.2% |
| Median | 17.0 | 18.0 | 2.6 | +10.8% |





