Grupo México, S.A.B. de C.V (GMEXICOB.MX) Return on Equity (ROE)

Price: $104.02
Market Cap: $809.80B
Avg Volume: 6.54M
Country: MX
Industry: Industrial Materials
Sector: Basic Materials
Beta: 1.194
52W Range: $91.08-115.97
Website: Grupo México, S.A.B. de C.V

Return on Equity (ROE) Summary

Grupo México, S.A.B. de C.V's ROE measures the return generated on shareholders' equity:

  • Annual: 17.84%
  • Quarterly: 4.07%
  • TTM: 13.57%

What is Return on Equity (ROE)?

Return on Equity measures a company's ability to generate profits from its shareholders' equity. It indicates how effectively the management is using the company’s assets to create profits. A higher ROE generally reflects well on the company’s management and its ability to generate profits without needing as much capital.

Related Metrics

Other important metrics to assess Grupo México, S.A.B. de C.V's profitability include:

  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 12.38%
    • Quarterly: 2.82%
    • TTM: 12.83%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 9.60%
    • Quarterly: 2.23%
    • TTM: 7.26%
  • Profit Margin - indicates the profitability of the company relative to its revenue:
    • Annual: 23.49%
    • Quarterly: 19.87%
    • TTM: 16.95%

These metrics provide insights into Grupo México, S.A.B. de C.V's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROE

17.84%

Quarterly ROE

4.07%

TTM ROE

13.57%

Grupo México, S.A.B. de C.V Historical ROE
51.33%51.33%42.78%42.78%34.22%34.22%25.67%25.67%17.11%17.11%8.56%8.56%0.00%0.00%ROE20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROIC
25.61%25.61%20.49%20.49%15.36%15.36%10.24%10.24%5.12%5.12%0.00%0.00%ROIC20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROA
27.16%27.16%22.63%22.63%18.11%18.11%13.58%13.58%9.05%9.05%4.53%4.53%0.00%0.00%ROA20152015201620162017201720182018201920192020202020212021202220222023202320242024

Grupo México, S.A.B. de C.V Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROE ROIC ROA Profit Margin
2023 17.84% 12.38% 9.60% 23.49%
2022 42.78% 25.61% 22.63% 53.29%
2021 24.76% 16.23% 12.19% 26.76%
2020 16.06% 10.43% 7.49% 20.90%
2019 17.03% 12.02% 7.62% 20.73%
2018 10.75% 9.51% 4.79% 12.39%
2017 13.24% 7.63% 5.90% 16.02%
2016 10.09% 6.42% 4.66% 12.91%
2015 10.28% 6.48% 4.57% 12.43%
2014 17.83% 11.13% 8.44% 19.29%

Related Metrics

Explore detailed financial metrics and analysis for GMEXICOB.MX.