FMX EV/EBITDA: current value, 10-year range and year-by-year history
Cash & Leverage
FMX's ev/ebitda is lower than 95% of the last 10 years.
EV/EBITDA History
FMX EV/EBITDA by year
Yearly range of FMX’s ev/ebitda from 2016 to 2026. Over the full period it ranged from -8.9 to 8.9, averaging 2.6.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | -8.9 | 2.9 | 8.9 | -8.9 |
| 2025 | 0.5 | 2.8 | 8.5 | 7.0 |
| 2024 | 0.5 | 1.6 | 2.0 | 0.5 |
| 2023 | 1.1 | 1.8 | 2.7 | 1.2 |
| 2022 | 2.0 | 2.2 | 2.4 | 2.1 |
| 2021 | 1.8 | 2.3 | 2.6 | 2.4 |
| 2020 | 1.9 | 2.4 | 2.8 | 2.6 |
| 2019 | 1.6 | 1.9 | 2.2 | 2.0 |
| 2018 | 1.7 | 4.3 | 7.3 | 1.7 |
| 2017 | 1.6 | 3.2 | 4.1 | 1.6 |
| 2016 | 3.3 | 3.4 | 3.5 | 3.3 |
Get notified when FMX EV/EBITDA crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
An acquisition-style valuation multiple: Enterprise Value (market cap + net debt) divided by operating earnings before accounting adjustments. Compares companies fairly regardless of their capital structure.
(Market Cap + Net Debt) / EBITDAUnlike P/E, this metric accounts for debt — two companies with identical operations but different leverage will show similar EV/EBITDA. Low vs history suggests the total business is modestly priced.
- EBITDA ignores capital expenditure. For asset-heavy businesses (airlines, mining, utilities), this understates the real cost — use EV/EBIT or EV/FCF instead.
- Large acquisitions temporarily spike net debt and can distort the ratio for 1–2 years during integration.
Is FMX EV/EBITDA High or Low Right Now?
Fomento Económico Mexicano, S.A.B. de C.V.'s EV/EBITDA is currently -8.9, which is near historic low relative to its 10-year historical range. The 10-year median EV/EBITDA for FMX is approximately 2.2. See all FMX valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.