Coca-Cola FEMSA (ADR)
Bottles and distributes Coca-Cola beverages across a dense Latin American route network.
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Profile
Produces and distributes sparkling drinks, water and still beverages across Mexico, Central America and South America. Revenue comes from territorial Coca-Cola franchises, with Mexico as the largest market and Juntos+ adding a digital ordering layer for retailers.
Produces and distributes Coca-Cola trademark sparkling drinks, water and still beverages across Mexico, Central America and South America. The portfolio includes Coca-Cola, Fanta, Sprite, Del Valle, Powerade, Fuze Tea, Santa Clara and multiple regional water brands.
Runs bottling plants, distribution centers and dense delivery routes serving retailers across Latin America. Juntos+ adds an omnichannel ordering layer, while acquisitions have assembled franchise territories and expanded the portfolio beyond carbonated drinks.
Depends on territorial bottling agreements, concentrate and authorized inputs from The Coca-Cola Company, plus reliable water and packaging supplies. FEMSA controls voting rights, Mexico and Brazil anchor the geographic mix, and local taxes, inflation and currency movements shape country results.
Company facts
Key statistics
Year to date +18.6% · Average volume (30d) 130.0K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 3, 2026 | UBS | Reiterate | Neutral | $110 | $113 | |
| Jul 29, 2026 | Barclays | Reiterate | Equal Weight | $115 | $122 | |
| Jul 28, 2026 | HSBC | Downgrade | Buy | Hold | $112 | $116 |
| Jul 14, 2026 | UBS | Reiterate | Neutral | $111 | $110 | |
| May 4, 2026 | Barclays | Reiterate | Equal Weight | $98 | $115 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 27, 2026Q2 FY26 | $1.65 | $1.70 | +3.0% | $4.32B | $4.36B | +0.8% | −0.24% |
| Apr 29, 2026Q1 FY26 | $1.41 | $1.18 | −16.3% | $3.93B | $3.94B | +0.1% | +2.59% |
| Feb 24, 2026Q4 FY25 | $1.99 | $1.95 | −2.0% | $4.28B | $4.30B | +0.5% | +0.50% |
| Oct 24, 2025Q3 FY25 | $1.46 | $1.51 | +3.4% | $4.28B | $3.91B | −8.8% | +1.32% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $4.12B | $4.28B | $4.22B | $4.56B | $4.16B | $4.48B | |
| Gross profit | $1.87B | $1.94B | $1.90B | $2.13B | $1.95B | $2.11B | |
| Operating income | $549.2M | $549.7M | $589.2M | $750.8M | $534.9M | $591.7M | |
| Net income | $301.7M | $311.9M | $346.2M | $440.4M | $254.9M | $364.7M | |
| Diluted EPS | $1.44 | $1.49 | $1.65 | $2.10 | $1.22 | $1.74 | |
| Gross margin | 45.4% | 45.3% | 45.1% | 46.7% | 46.9% | 47.1% | |
| Operating margin | 13.3% | 12.8% | 14.0% | 16.4% | 12.8% | 13.2% |
Fiscal years (4-quarter sums)FY21 $11.42B · FY22 $13.29B · FY23 $14.54B · FY24 $16.34B · FY25 $17.18B
Revenue by product · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $2.53B · Total debt $5.25B · Total assets $19.74B · Shareholders' equity $8.37B
Dividends
Last cut to $1.1107 from $1.116 in Jul 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 13, 2026 | Jul 13 | Jul 24 | $1.1107 | cut from $1.116 |
| Apr 20, 2026 | Apr 20 | May 1 | $1.116 | raised from $1.0097 |
| Dec 8, 2025 | Dec 8 | Dec 19 | $1.0097 | raised from $0.9996 |
| Oct 14, 2025 | Oct 14 | Oct 27 | $0.9996 | raised from $0.9758 |
| Jul 15, 2025 | Jul 15 | Jul 28 | $0.9758 | raised from $0.937 |
| Apr 22, 2025 | Apr 22 | May 5 | $0.937 | raised from $0.7506 |
| Dec 6, 2024 | Dec 6 | Dec 19 | $0.7506 | cut from $0.7593 |
| Oct 11, 2024 | Oct 14 | Oct 25 | $0.7593 | cut from $1.6864 |
Ownership
Shares outstanding 210.08M · Float 210.08M · 100.0% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Bill & Melinda Gates Foundation Trust | 6.21M | 2.96% | 13F | Aug 14, 2026 |
| Boston Partners | 1.18M | 0.56% | 13F | Aug 4, 2026 |
| Tweedy, Browne Co LLC | 1.16M | 0.55% | 13F | Aug 7, 2026 |
| Morgan Stanley | 969.7K | 0.46% | 13F | Aug 13, 2026 |
| Macquarie Management Holdings, Inc. | 527.5K | 0.25% | 13F | Aug 14, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- PepsiCo
Pepsi system rivalry across sparkling beverages and sports drinks
- Ambev (ADR)
Multi-country Pepsi, guarana, water, and beer route-to-market rival
- Keurig Dr Pepper
Mexican sparkling beverage and mineral-water brand rival
- Compañía Cervecerías Unidas (ADR)
Uruguay multi-category rival in soft drinks, water, and beer
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Coca-Cola FEMSA (ADR) | $112.58 | +0.12% | $23.65B | 16.8 | 19.7 | 0.0 | +11.4% |
| PepsiCo | $141.75 | +0.48% | $192.70B | 18.5 | 16.2 | 2.0 | +6.4% |
| Ambev (ADR) | $2.87 | +0.35% | $44.20B | 14.3 | 17.5 | 2.7 | +7.5% |
| Keurig Dr Pepper | $32.50 | +1.03% | $43.78B | 32.4 | 13.1 | 2.2 | +75.6% |
| Compañía Cervecerías Unidas (ADR) | $12.28 | +1.66% | $2.23B | 20.3 | 13.8 | 0.7 | +5.2% |
| Median | 19.4 | 15.0 | 2.1 | +6.9% |