Grupo Herdez, S.A.B. de C.V.
BMV:HERDEZ.MX
56.17 (MXN) • At close May 9, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) MXN.
| 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | 2013 Q4 | 2013 Q3 | 2013 Q2 | 2013 Q1 | 2012 Q4 | 2012 Q3 | 2012 Q2 | 2012 Q1 | 2011 Q4 | 2011 Q3 | 2011 Q2 | 2011 Q1 | 2010 Q4 | 2010 Q3 | 2010 Q2 | 2010 Q1 | 2009 Q4 | 2009 Q3 | 2009 Q2 | 2009 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 9,712.252 | 9,897.363 | 9,344.776 | 9,296.739 | 8,886.001 | 9,808.772 | 9,018.837 | 8,753.275 | 8,631.932 | 8,909.994 | 7,961.305 | 7,666.719 | 7,107.686 | 7,517.615 | 6,766.671 | 6,019.852 | 5,849.084 | 6,375.017 | 5,817.436 | 6,091.444 | 5,752.382 | 5,977.457 | 5,569.282 | 5,662.382 | 5,211.248 | 5,847.724 | 5,203.789 | 5,217.307 | 4,701.863 | 5,565.077 | 4,815.605 | 4,875.644 | 4,808.589 | 4,878.878 | 4,542.901 | 4,430.686 | 4,327.991 | 4,443.605 | 4,247.557 | 3,945.786 | 3,719.343 | 4,095.694 | 3,653.448 | 3,318.083 | 3,251.304 | 3,780.275 | 3,283.32 | 3,145.273 | 2,973 | 3,154.378 | 2,852.732 | 2,665.269 | 2,547.964 | 2,918.099 | 2,347 | 2,296 | 2,136 | 2,643.26 | 2,119.2 | 1,975.4 | 2,133.4 | 2,289.04 | 2,015.8 | 1,930 | 2,030.8 |
| Cost of Revenue
| 5,970.072 | 5,978.62 | 5,559.365 | 5,765.956 | 5,602.7 | 5,846.424 | 5,348.387 | 5,445.559 | 5,494.204 | 5,661.148 | 5,258.951 | 4,981.441 | 4,538.213 | 4,687.302 | 4,383.814 | 3,776.63 | 3,653.722 | 4,029.433 | 3,637.07 | 3,803.688 | 3,577.891 | 3,689.252 | 3,363.665 | 3,498.247 | 3,236.321 | 3,562.301 | 3,196.811 | 3,100.558 | 2,861.309 | 3,406.06 | 2,910.898 | 2,942.08 | 2,914.721 | 2,840.369 | 2,702.948 | 2,674.177 | 2,711.024 | 2,685.468 | 2,478.711 | 2,232.329 | 2,180.963 | 2,423.127 | 2,267.08 | 2,014.508 | 2,031.793 | 2,504.163 | 2,078.807 | 2,001.578 | 1,957 | 2,273.275 | 1,839.003 | 1,728.818 | 1,636.122 | 1,901.48 | 1,479 | 1,423 | 1,344 | 1,635.299 | 1,267.2 | 1,226.7 | 1,280.6 | 1,405.333 | 1,292.1 | 1,268 | 1,322.1 |
| Gross Profit
| 3,742.18 | 3,918.743 | 3,785.411 | 3,530.783 | 3,283.301 | 3,962.348 | 3,670.45 | 3,307.716 | 3,137.728 | 3,248.846 | 2,702.354 | 2,685.278 | 2,569.473 | 2,830.313 | 2,382.857 | 2,243.222 | 2,195.362 | 2,345.584 | 2,180.366 | 2,287.756 | 2,174.491 | 2,288.205 | 2,205.617 | 2,164.135 | 1,974.927 | 2,285.423 | 2,006.978 | 2,116.749 | 1,840.554 | 2,159.017 | 1,904.707 | 1,933.564 | 1,893.868 | 2,038.509 | 1,839.953 | 1,756.509 | 1,616.967 | 1,758.137 | 1,768.846 | 1,713.457 | 1,538.38 | 1,672.567 | 1,386.368 | 1,303.575 | 1,219.511 | 1,276.112 | 1,204.513 | 1,143.695 | 1,016 | 881.103 | 1,013.729 | 936.451 | 911.842 | 1,016.619 | 868 | 873 | 792 | 1,007.961 | 852 | 748.7 | 852.8 | 883.707 | 723.7 | 662 | 708.7 |
| Gross Profit Ratio
| 0.385 | 0.396 | 0.405 | 0.38 | 0.369 | 0.404 | 0.407 | 0.378 | 0.364 | 0.365 | 0.339 | 0.35 | 0.362 | 0.376 | 0.352 | 0.373 | 0.375 | 0.368 | 0.375 | 0.376 | 0.378 | 0.383 | 0.396 | 0.382 | 0.379 | 0.391 | 0.386 | 0.406 | 0.391 | 0.388 | 0.396 | 0.397 | 0.394 | 0.418 | 0.405 | 0.396 | 0.374 | 0.396 | 0.416 | 0.434 | 0.414 | 0.408 | 0.379 | 0.393 | 0.375 | 0.338 | 0.367 | 0.364 | 0.342 | 0.279 | 0.355 | 0.351 | 0.358 | 0.348 | 0.37 | 0.38 | 0.371 | 0.381 | 0.402 | 0.379 | 0.4 | 0.386 | 0.359 | 0.343 | 0.349 |
| Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & Administrative Expenses
| 0 | 460.049 | 406.015 | 387.93 | 364.21 | 409.532 | 378.953 | 354.66 | 325.658 | 298.493 | 272.793 | 264.192 | 280.892 | 248.99 | 231.58 | 226.595 | 237.766 | 172.861 | 231.653 | 265.906 | 203.227 | 219.504 | 215.607 | 200.023 | 190.098 | 208.057 | 201.972 | 207.565 | 168.633 | 200.068 | 217.837 | 186.603 | 173.049 | 208.566 | 179.851 | 193.038 | 152.826 | -2,493.741 | 1,096.482 | 1,107.101 | 936.22 | -1,871.675 | 853.423 | 827.714 | 784.087 | -1,609.738 | 767.192 | 695.297 | 614 | -1,008.424 | 579.544 | 546.777 | 564.407 | 0 | 508.972 | 480.519 | 442.011 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling & Marketing Expenses
| 0 | 2,071.47 | 2,071.859 | 2,055.202 | 1,922.927 | 1,974.735 | 1,983.641 | 1,907.347 | 1,761.837 | 1,606.736 | 1,624.878 | 1,665.766 | 1,480.454 | 1,458.697 | 1,436.596 | 1,406.955 | 1,320.035 | 1,310.701 | 1,284.324 | 1,366.468 | 1,306.045 | 1,261.385 | 1,278.612 | 1,256.708 | 1,164.002 | 1,196.609 | 1,160.635 | 1,158.911 | 1,063.315 | 1,202.774 | 1,081.035 | 1,078.409 | 1,063.938 | 1,173.003 | 1,028.4 | 1,039 | 970.522 | 504.536 | 1,096.482 | 947.402 | 795.149 | 346.06 | 853.423 | 0 | 0 | 2,449.008 | 767.192 | 0 | 0 | 1,011.474 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A
| 2,327.343 | 2,531.519 | 2,477.874 | 2,217.388 | 2,076.962 | 2,384.267 | 2,362.594 | 2,262.007 | 2,087.495 | 1,905.229 | 1,897.671 | 1,929.958 | 1,761.346 | 1,707.687 | 1,668.176 | 1,633.55 | 1,557.801 | 1,483.562 | 1,515.977 | 1,632.374 | 1,509.272 | 1,480.889 | 1,494.219 | 1,456.731 | 1,354.1 | 1,404.666 | 1,362.607 | 1,366.476 | 1,231.948 | 1,402.842 | 1,298.872 | 1,265.012 | 1,236.987 | 1,381.569 | 1,208.251 | 1,232.038 | 1,123.348 | 1,150.598 | 1,096.482 | 1,107.101 | 936.22 | 939.609 | 853.423 | 827.714 | 784.087 | 839.27 | 767.192 | 695.297 | 614 | 3.05 | 579.544 | 546.777 | 564.407 | 0 | 508.972 | 480.519 | 442.011 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Expenses
| -15.87 | -81.032 | 30.592 | 7.04 | 39.865 | 62.152 | -16.987 | -17.664 | -4.669 | 22.099 | -7.933 | -2.269 | 26.743 | 90.019 | -59.962 | -80.527 | 8.29 | 1.517 | -15.106 | -2.96 | 193.841 | 17.692 | 7.965 | 15.406 | 5.58 | -2.037 | 13.453 | 24.86 | 2.709 | -18.848 | 25.731 | 11.027 | 6.733 | -19.292 | -1.056 | 9.011 | 2.903 | -18.6 | 6.416 | -4.121 | 15.085 | 60.196 | -15.661 | -28.461 | -8.212 | 1.719 | 0.871 | 6.951 | 1.302 | 0 | 0.389 | 3.853 | 0 | 79.37 | -12 | -6 | 9 | -14.599 | -1.4 | 3.9 | 1 | 99.755 | -2.7 | 2.9 | -3.1 |
| Operating Expenses
| 2,311.473 | 2,450.487 | 2,508.466 | 2,210.348 | 2,037.097 | 2,384.267 | 2,353.451 | 2,241.049 | 2,087.495 | 1,855.028 | 1,890.775 | 1,917.239 | 1,761.346 | 1,726.877 | 1,668.176 | 1,620.824 | 1,557.801 | 1,496.395 | 1,515.977 | 1,629.219 | 1,509.272 | 1,467.902 | 1,489.909 | 1,450.558 | 1,346.298 | 1,394.176 | 1,355.643 | 1,366.476 | 1,217.715 | 1,364.334 | 1,298.872 | 1,257.92 | 1,229.31 | 1,350.677 | 1,207.22 | 1,224.405 | 1,119.238 | 1,158.24 | 1,096.482 | 1,107.101 | 936.22 | 879.322 | 853.423 | 827.714 | 784.087 | 824.901 | 767.192 | 695.297 | 614 | 399.118 | 579.544 | 550.627 | 564.609 | 580.096 | 513 | 480 | 441 | 495.748 | 472.4 | 418.6 | 442.8 | 464.4 | 410.4 | 391.7 | 427.2 |
| Operating Income
| 1,430.707 | 1,468.256 | 1,276.945 | 1,320.435 | 1,246.204 | 1,578.081 | 1,282.021 | 1,059.768 | 1,045.564 | 1,363.829 | 854.201 | 778.246 | 834.87 | 1,166.384 | 654.719 | 539.641 | 645.851 | 1,099.857 | 649.283 | 646.52 | 859.06 | 865.91 | 749.809 | 736.024 | 638.159 | 924.609 | 671.677 | 775.133 | 625.444 | 814.095 | 618.026 | 686.661 | 671.631 | 689.863 | 632.682 | 539 | 501.858 | 137.701 | 678.78 | 602.235 | 617.245 | 720.724 | 517.284 | 447.4 | 427.212 | 460.354 | 438.192 | 455.349 | 403 | 499.226 | 422.72 | 385.824 | 347.233 | 435.523 | 355 | 394 | 351 | 512.213 | 379.6 | 330.1 | 410 | 419.307 | 313.3 | 270.3 | 281.5 |
| Operating Income Ratio
| 0.147 | 0.148 | 0.137 | 0.142 | 0.14 | 0.161 | 0.142 | 0.121 | 0.121 | 0.153 | 0.107 | 0.102 | 0.117 | 0.155 | 0.097 | 0.09 | 0.11 | 0.173 | 0.112 | 0.106 | 0.149 | 0.145 | 0.135 | 0.13 | 0.122 | 0.158 | 0.129 | 0.149 | 0.133 | 0.146 | 0.128 | 0.141 | 0.14 | 0.141 | 0.139 | 0.122 | 0.116 | 0.031 | 0.16 | 0.153 | 0.166 | 0.176 | 0.142 | 0.135 | 0.131 | 0.122 | 0.133 | 0.145 | 0.136 | 0.158 | 0.148 | 0.145 | 0.136 | 0.149 | 0.151 | 0.172 | 0.164 | 0.194 | 0.179 | 0.167 | 0.192 | 0.183 | 0.155 | 0.14 | 0.139 |
| Total Other Income Expenses Net
| -160.507 | -94.145 | -147.276 | -166.357 | -140.819 | -113.561 | 5.039 | 21.64 | 130.669 | 30.99 | -130.663 | -118.236 | -82.946 | 2.225 | -2.129 | 8.44 | 91.173 | 59.339 | -87.411 | 34.502 | 80.964 | 61.142 | -50.651 | 63.23 | 90.084 | 80.233 | 98.254 | 146.493 | 100.53 | 285.809 | -25.623 | -30.5 | 107.126 | 33.968 | 22.694 | 51.116 | 25.701 | -2.914 | -32.153 | -4.054 | 22.133 | 119.885 | 18.807 | 14.373 | 2.797 | -130.916 | -30.615 | 51.302 | 61 | -34.558 | -41.496 | -3.481 | -1 | 2.449 | 49 | -17.477 | -31.415 | -33.978 | -7 | -7 | -23 | -174.936 | -22.8 | -46.7 | -31 |
| Income Before Tax
| 1,270.2 | 1,374.111 | 1,129.669 | 1,052.718 | 1,105.385 | 1,407.075 | 1,287.06 | 1,081.408 | 1,176.233 | 1,394.819 | 723.538 | 660.01 | 751.924 | 1,168.609 | 652.59 | 548.081 | 737.024 | 1,159.196 | 561.872 | 681.022 | 940.024 | 927.052 | 699.158 | 799.254 | 728.243 | 1,004.842 | 769.931 | 921.626 | 725.974 | 1,099.904 | 592.403 | 656.161 | 778.757 | 723.831 | 655.376 | 590.116 | 527.559 | 134.787 | 646.627 | 598.181 | 639.378 | 840.609 | 536.091 | 461.773 | 430.009 | 329.438 | 407.577 | 506.651 | 464 | 464.668 | 381.224 | 381.292 | 303.862 | 437.972 | 404 | 370 | 320 | 478.235 | 364.8 | 317.6 | 380 | 244.371 | 290.5 | 223.6 | 250.5 |
| Income Before Tax Ratio
| 0.131 | 0.139 | 0.121 | 0.113 | 0.124 | 0.143 | 0.143 | 0.124 | 0.136 | 0.157 | 0.091 | 0.086 | 0.106 | 0.155 | 0.096 | 0.091 | 0.126 | 0.182 | 0.097 | 0.112 | 0.163 | 0.155 | 0.126 | 0.141 | 0.14 | 0.172 | 0.148 | 0.177 | 0.154 | 0.198 | 0.123 | 0.135 | 0.162 | 0.148 | 0.144 | 0.133 | 0.122 | 0.03 | 0.152 | 0.152 | 0.172 | 0.205 | 0.147 | 0.139 | 0.132 | 0.087 | 0.124 | 0.161 | 0.156 | 0.147 | 0.134 | 0.143 | 0.119 | 0.15 | 0.172 | 0.161 | 0.15 | 0.181 | 0.172 | 0.161 | 0.178 | 0.107 | 0.144 | 0.116 | 0.123 |
| Income Tax Expense
| 467.343 | 418.553 | 363.68 | 368.214 | 387.025 | 524.041 | 457.544 | 379.294 | 378.951 | 457.299 | 254.323 | 265.355 | 287.753 | 478.551 | 197.301 | 156.938 | 195.237 | 333.646 | 178.621 | 187.648 | 273.743 | 255.583 | 238.418 | 224.532 | 211.132 | 245.193 | 258.489 | 256.196 | 238.736 | 276.632 | 213.058 | 223.999 | 247.557 | 290.218 | 229.801 | 217.168 | 166.879 | 115.131 | 214.236 | 193.301 | 203.805 | 355.211 | 163.662 | 131.382 | 113.94 | 153.887 | 120.534 | 156.432 | 129 | 129.966 | 109.86 | 121.35 | 90.109 | 134.006 | 135 | 108 | 102 | 139.497 | 103.7 | 87.3 | 94.5 | -503.531 | 89.3 | 50.9 | 62.9 |
| Net Income
| 428.595 | 341.722 | 294.454 | 353.763 | 369.954 | 369.34 | 336 | 299.547 | 315.536 | 355.666 | 133.136 | 127.461 | 160.357 | 273.375 | 146.556 | 125.591 | 180.208 | 387.83 | 60.175 | 133.585 | 246.37 | 273.81 | 204.604 | 305.271 | 230.812 | 354.721 | 240.693 | 343.939 | 216.905 | 395.84 | 171.614 | 220.033 | 258.624 | 165.763 | 212.215 | 176.321 | 163.159 | 240.943 | 219.288 | 219.797 | 223.784 | 225.362 | 195.054 | 177.681 | 172.897 | 73.104 | 156.799 | 195.362 | 182.424 | 244.173 | 193.765 | 195.812 | 213.753 | 302.709 | 208.914 | 261 | 217 | 313.514 | 267.2 | 233.5 | 289.4 | 412.018 | 209.2 | 178 | 151.1 |
| Net Income Ratio
| 0.044 | 0.035 | 0.032 | 0.038 | 0.042 | 0.038 | 0.037 | 0.034 | 0.037 | 0.04 | 0.017 | 0.017 | 0.023 | 0.036 | 0.022 | 0.021 | 0.031 | 0.061 | 0.01 | 0.022 | 0.043 | 0.046 | 0.037 | 0.054 | 0.044 | 0.061 | 0.046 | 0.066 | 0.046 | 0.071 | 0.036 | 0.045 | 0.054 | 0.034 | 0.047 | 0.04 | 0.038 | 0.054 | 0.052 | 0.056 | 0.06 | 0.055 | 0.053 | 0.054 | 0.053 | 0.019 | 0.048 | 0.062 | 0.061 | 0.077 | 0.068 | 0.073 | 0.084 | 0.104 | 0.089 | 0.114 | 0.102 | 0.119 | 0.126 | 0.118 | 0.136 | 0.18 | 0.104 | 0.092 | 0.074 |
| EPS
| 1.33 | 1.06 | 0.91 | 1.09 | 1.13 | 1.13 | 1.01 | 0.89 | 0.94 | 1.06 | 0.4 | 0.37 | 0.46 | 0.78 | 0.41 | 0.35 | 0.49 | 1.03 | 0.17 | 0.35 | 0.62 | 0.68 | 0.5 | 0.74 | 0.55 | 0.84 | 0.57 | 0.81 | 0.51 | 0.92 | 0.4 | 0.51 | 0.6 | 0.38 | 0.48 | 0.41 | 0.38 | -0.64 | 0.52 | 0.51 | 0.52 | 0.52 | 0.45 | 0.41 | 0.4 | 0.17 | 0.36 | 0.072 | 0.42 | 0 | 0.072 | 0.46 | 0.51 | 0 | 0.49 | 0.61 | 0.5 | 0 | 0.62 | 0.55 | 0.69 | 0 | 0.49 | 0.31 | 0.35 |
| EPS Diluted
| 1.33 | 1.06 | 0.91 | 1.09 | 1.13 | 1.13 | 1.01 | 0.89 | 0.94 | 1.06 | 0.4 | 0.37 | 0.46 | 0.78 | 0.41 | 0.35 | 0.49 | 1.03 | 0.17 | 0.35 | 0.62 | 0.68 | 0.5 | 0.74 | 0.55 | 0.84 | 0.57 | 0.81 | 0.51 | 0.92 | 0.4 | 0.51 | 0.6 | 0.38 | 0.48 | 0.41 | 0.38 | -0.64 | 0.52 | 0.51 | 0.52 | 0.52 | 0.45 | 0.41 | 0.4 | 0.17 | 0.36 | 0.072 | 0.42 | 0 | 0.072 | 0.46 | 0.51 | 0 | 0.49 | 0.61 | 0.5 | 0 | 0.62 | 0.55 | 0.69 | 0 | 0.49 | 0.31 | 0.35 |
| EBITDA
| 1,830.488 | 1,816.772 | 1,721.321 | 1,627.215 | 1,674.778 | 2,002.102 | 1,734.215 | 1,404.536 | 1,415.464 | 1,768.34 | 1,045.975 | 963.761 | 1,105.829 | 1,417.104 | 936.906 | 687.95 | 924.627 | 1,361.221 | 758.083 | 990.156 | 1,193.513 | 1,340.076 | 889.823 | 874.532 | 1,087.65 | 1,290.463 | 802.012 | 908.636 | 749.371 | 1,354.366 | 757.35 | 823.061 | 776.243 | 957.627 | 752.545 | 662.263 | 601.869 | 344.969 | 786.88 | 712.812 | 696.636 | 1,013.892 | 601.858 | 525.355 | 502.275 | 659.935 | 506.066 | 648.2 | 449.51 | 1,229.687 | 497.142 | 454.179 | 327.133 | 569.523 | 390.829 | 442.565 | 394.578 | 496.951 | 379.6 | 330.1 | 410 | 419.307 | 313.3 | 270.3 | 281.5 |
| EBITDA Ratio
| 0.188 | 0.184 | 0.184 | 0.175 | 0.188 | 0.204 | 0.192 | 0.16 | 0.164 | 0.198 | 0.131 | 0.126 | 0.156 | 0.189 | 0.138 | 0.114 | 0.158 | 0.214 | 0.13 | 0.163 | 0.207 | 0.224 | 0.16 | 0.154 | 0.209 | 0.221 | 0.154 | 0.174 | 0.159 | 0.243 | 0.157 | 0.169 | 0.161 | 0.196 | 0.166 | 0.149 | 0.139 | 0.078 | 0.185 | 0.181 | 0.187 | 0.248 | 0.165 | 0.158 | 0.154 | 0.175 | 0.154 | 0.206 | 0.151 | 0.39 | 0.174 | 0.17 | 0.128 | 0.195 | 0.167 | 0.193 | 0.185 | 0.188 | 0.179 | 0.167 | 0.192 | 0.183 | 0.155 | 0.14 | 0.139 |