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KOF

Coca-Cola FEMSA, S.A.B. de C.V.

KOF

Coca-Cola FEMSA, S.A.B. de C.V. • NYSE
$87.66 ▼ -0.28% (-0.25)
Market Cap $18.42 B
52w High $101.74
52w Low $72.68
Dividend Yield 2.76%
P/E 35.93
Volume 88.06K
Outstanding Shares 210.08M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $71.884K ▼ $22.1K ▼ $5.898K ▼ 8.205% ▲ $0 ▼ $14.935K ▼
Q2-2025 $72.917B ▲ $23.275B ▲ $5.312B ▲ 7.285% ▼ $25.3 ▲ $10.633B ▲
Q1-2025 $70.157B ▼ $22.585B ▼ $5.139B ▼ 7.325% ▼ $24.5 ▼ $10.051B ▲
Q4-2024 $75.919B ▲ $25.14B ▲ $7.284B ▲ 9.594% ▲ $34.7 ▲ $10.014B ▼
Q3-2024 $69.602B $22.457B $5.858B 8.416% $27.9 $11.888B

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $34.893K ▼ $315.274K ▼ $165.861K ▼ $141.368K ▼
Q2-2025 $37.139B ▲ $313.86B ▲ $169.116B ▲ $136.938B ▲
Q1-2025 $1.507B ▼ $15.254B ▼ $7.446B ▼ $7.415B ▼
Q4-2024 $32.779B ▲ $307.986B ▲ $157.445B ▲ $143.428B ▲
Q3-2024 $2.135B $15.709B $8.166B $7.158B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $272.266M ▲ $352.346M ▲ $-251.358M ▲ $315.046M ▲ $477.429M ▲ $146.024M ▲
Q1-2025 $251.806M ▼ $160.166M ▼ $-264.114M ▲ $-29.384M ▲ $-85.899M ▲ $-102.601M ▼
Q4-2024 $362.559M ▲ $400.229M ▼ $-530.262M ▼ $-337.661M ▼ $-541.378M ▼ $-67.195M ▼
Q3-2024 $309.481M ▼ $654.422M ▲ $-298.545M ▲ $-283.715M ▼ $24.729M ▲ $338.158M ▲
Q2-2024 $325.062M $634.526M $-398.847M $-134.086M $0 $321.328M

Five-Year Company Overview

Income Statement

Income Statement Coca-Cola FEMSA’s income statement shows a steady, healthy climb in both sales and profits over the past five years. Revenue has grown consistently each year, and profits have risen even faster, suggesting better pricing power, good cost control, or both. Operating margins appear to be slowly improving, which is notable in a region exposed to inflation and currency swings. Earnings did not grow in a straight line every single year, but the overall trend is clearly upward, and profitability looks meaningfully stronger now than at the start of the period. The main risk to this pattern is the company’s exposure to consumer spending, taxes on sugary drinks, and input cost volatility in its core Latin American markets.

Balance Sheet

Balance Sheet The balance sheet looks solid and gradually stronger. Total assets have expanded, while shareholders’ equity has increased steadily, indicating the company is retaining profits and reinforcing its capital base. Debt levels have generally trended down from earlier years and remain reasonable relative to equity, pointing to moderate leverage rather than an aggressive capital structure. Cash balances have moved around but remain substantial, suggesting decent financial flexibility to fund operations and investment. Overall, the company appears to be comfortably financed, though it still depends on continued strong cash generation to support its investment plans and any shareholder returns.

Cash Flow

Cash Flow Cash generation from the core business is consistently positive and has improved versus the middle of the period, even if it was unusually high in the first year shown. Free cash flow remains positive but has been squeezed more recently as the company steps up its investment spending. The higher capital expenditures suggest a deliberate choice to reinvest in plants, technology, and distribution rather than maximize short-term free cash. This can be a long-term positive if those investments translate into higher efficiency and growth, but it does mean less surplus cash in the near term. The company’s ability to keep funding these investments comfortably from operating cash flow is an important point to monitor.

Competitive Edge

Competitive Edge Coca-Cola FEMSA enjoys a very strong competitive position built on exclusive bottling and distribution rights for Coca-Cola brands across large parts of Latin America. Its massive distribution network reaches millions of points of sale, making it hard for rivals to match its shelf presence and service levels. The strength of the Coca-Cola brand portfolio, combined with economies of scale in purchasing and production, reinforces its cost and marketing advantages. At the same time, it operates in markets with active local competitors, changing regulations, and shifting consumer preferences toward healthier options, so it cannot rely on legacy strength alone. Still, the combination of brand power, entrenched routes to market, and long-standing relationships with retailers gives it a durable moat by industry standards.

Innovation and R&D

Innovation and R&D Innovation at Coca-Cola FEMSA is less about laboratory research and more about digital tools, data, and portfolio expansion. The Juntos+ platform and its AI-based tools for both retailers and the salesforce are turning a traditional route-to-market business into a more data-driven, personalized, and efficient operation. Inside the company, automation and advanced analytics in manufacturing and logistics aim to lower costs and improve reliability. On the product side, the company continues to broaden beyond classic sodas into low- and no-sugar options, waters, juices, sports drinks, energy-style offerings, and even some alcoholic beverages, aligning with health and lifestyle trends. Sustainability-linked initiatives, such as improving water efficiency and increasing recycled content in packaging, are becoming a strategic pillar rather than just a compliance effort.

Summary

Overall, Coca-Cola FEMSA appears as a mature yet growing beverage leader in Latin America, with steadily rising sales, improving profitability, and a generally sound balance sheet. It is using its strong competitive moat—exclusive Coke bottling rights, scale, and distribution depth—to support both earnings growth and sizeable reinvestment. Increased capital spending and digital initiatives suggest the company is actively modernizing its operations and preparing for future growth, even at the cost of lower near-term free cash. Key watchpoints include economic and currency volatility in its markets, regulatory and tax pressures on sugary drinks, and the need to keep evolving its portfolio toward healthier and more differentiated beverages. Taken together, the data point to a business that is financially stronger than it was several years ago and is working to reinforce that strength through innovation and sustainability-focused investments.