FMX vs. HSY: A Head-to-Head Stock Comparison

Updated on August 19, 2025

Here’s a clear look at FMX and HSY, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

FMX trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, HSY is a standard domestic listing.

Symbol	FMX	HSY
Company Name	Fomento Económico Mexicano, S.A.B. de C.V.	The Hershey Company
Country	Mexico	United States
GICS Sector	Consumer Staples	Consumer Staples
GICS Industry	Beverages	Food Products
Market Capitalization	173.65 billion USD	36.50 billion USD
Exchange	NYSE	NYSE
Listing Date	May 11, 1998	March 17, 1980
Security Type	ADR	Common Stock

Historical Performance

This chart compares the performance of FMX and HSY by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

FMX vs. HSY: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	FMX	HSY
5-Day Price Return	-2.48%	-3.97%
13-Week Price Return	-19.56%	7.45%
26-Week Price Return	-12.58%	18.20%
52-Week Price Return	-24.10%	-9.37%
Month-to-Date Return	-5.98%	-3.26%
Year-to-Date Return	-9.89%	6.32%
10-Day Avg. Volume	2.47M	1.72M
3-Month Avg. Volume	2.51M	1.78M
3-Month Volatility	20.30%	30.92%
Beta	0.83	0.25

Profitability

Return on Equity (TTM)

FMX

6.94%

Beverages Industry

Max: 49.46%
Q3: 24.91%
Median: 11.13%
Q1: 5.27%
Min: -5.93%

FMX’s Return on Equity of 6.94% is on par with the norm for the Beverages industry, indicating its profitability relative to shareholder equity is typical for the sector.

HSY

33.77%

Food Products Industry

Max: 27.15%
Q3: 15.66%
Median: 10.47%
Q1: 7.82%
Min: -2.46%

HSY’s Return on Equity of 33.77% is exceptionally high, placing it well beyond the typical range for the Food Products industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

FMX vs. HSY: A comparison of their Return on Equity (TTM) against their respective Beverages and Food Products industry benchmarks.

Net Profit Margin (TTM)

FMX

2.44%

Beverages Industry

Max: 21.86%
Q3: 12.24%
Median: 8.70%
Q1: 5.33%
Min: -4.40%

Falling into the lower quartile for the Beverages industry, FMX’s Net Profit Margin of 2.44% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.

HSY

13.54%

Food Products Industry

Max: 18.44%
Q3: 9.92%
Median: 6.38%
Q1: 4.13%
Min: -0.92%

A Net Profit Margin of 13.54% places HSY in the upper quartile for the Food Products industry, signifying strong profitability and more effective cost management than most of its peers.

FMX vs. HSY: A comparison of their Net Profit Margin (TTM) against their respective Beverages and Food Products industry benchmarks.

Operating Profit Margin (TTM)

FMX

8.00%

Beverages Industry

Max: 29.32%
Q3: 18.25%
Median: 13.42%
Q1: 10.58%
Min: 0.71%

FMX’s Operating Profit Margin of 8.00% is in the lower quartile for the Beverages industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.

HSY

18.28%

Food Products Industry

Max: 24.83%
Q3: 14.27%
Median: 9.73%
Q1: 6.26%
Min: -0.10%

An Operating Profit Margin of 18.28% places HSY in the upper quartile for the Food Products industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

FMX vs. HSY: A comparison of their Operating Profit Margin (TTM) against their respective Beverages and Food Products industry benchmarks.

Profitability at a Glance

Symbol	FMX	HSY
Return on Equity (TTM)	6.94%	33.77%
Return on Assets (TTM)	2.34%	11.51%
Net Profit Margin (TTM)	2.44%	13.54%
Operating Profit Margin (TTM)	8.00%	18.28%
Gross Profit Margin (TTM)	41.29%	40.13%

Financial Strength

Current Ratio (MRQ)

FMX

1.34

Beverages Industry

Max: 3.38
Q3: 1.97
Median: 1.21
Q1: 0.86
Min: 0.53

FMX’s Current Ratio of 1.34 aligns with the median group of the Beverages industry, indicating that its short-term liquidity is in line with its sector peers.

HSY

1.53

Food Products Industry

Max: 3.80
Q3: 2.40
Median: 1.61
Q1: 1.28
Min: 0.55

HSY’s Current Ratio of 1.53 aligns with the median group of the Food Products industry, indicating that its short-term liquidity is in line with its sector peers.

FMX vs. HSY: A comparison of their Current Ratio (MRQ) against their respective Beverages and Food Products industry benchmarks.

Debt-to-Equity Ratio (MRQ)

FMX

1.09

Beverages Industry

Max: 2.11
Q3: 1.23
Median: 0.79
Q1: 0.32
Min: 0.00

FMX’s Debt-to-Equity Ratio of 1.09 is typical for the Beverages industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

HSY

1.25

Food Products Industry

Max: 1.87
Q3: 0.90
Median: 0.48
Q1: 0.24
Min: 0.00

HSY’s leverage is in the upper quartile of the Food Products industry, with a Debt-to-Equity Ratio of 1.25. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

FMX vs. HSY: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Beverages and Food Products industry benchmarks.

Interest Coverage Ratio (TTM)

FMX

3.86

Beverages Industry

Max: 78.96
Q3: 40.67
Median: 9.62
Q1: 3.59
Min: 0.81

FMX’s Interest Coverage Ratio of 3.86 is positioned comfortably within the norm for the Beverages industry, indicating a standard and healthy capacity to cover its interest payments.

HSY

15.93

Food Products Industry

Max: 70.39
Q3: 32.08
Median: 9.51
Q1: 4.55
Min: -1.69

HSY’s Interest Coverage Ratio of 15.93 is positioned comfortably within the norm for the Food Products industry, indicating a standard and healthy capacity to cover its interest payments.

FMX vs. HSY: A comparison of their Interest Coverage Ratio (TTM) against their respective Beverages and Food Products industry benchmarks.

Financial Strength at a Glance

Symbol	FMX	HSY
Current Ratio (MRQ)	1.34	1.53
Quick Ratio (MRQ)	1.06	0.85
Debt-to-Equity Ratio (MRQ)	1.09	1.25
Interest Coverage Ratio (TTM)	3.86	15.93

Growth

Revenue Growth

FMX vs. HSY: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

FMX vs. HSY: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

FMX

6.14%

Beverages Industry

Max: 6.93%
Q3: 4.51%
Median: 3.09%
Q1: 2.03%
Min: 0.00%

With a Dividend Yield of 6.14%, FMX offers a more attractive income stream than most of its peers in the Beverages industry, signaling a strong commitment to shareholder returns.

HSY

3.04%

Food Products Industry

Max: 7.43%
Q3: 4.12%
Median: 2.67%
Q1: 1.57%
Min: 0.00%

HSY’s Dividend Yield of 3.04% is consistent with its peers in the Food Products industry, providing a dividend return that is standard for its sector.

FMX vs. HSY: A comparison of their Dividend Yield (TTM) against their respective Beverages and Food Products industry benchmarks.

Dividend Payout Ratio (TTM)

FMX

188.65%

Beverages Industry

Max: 143.36%
Q3: 99.22%
Median: 67.03%
Q1: 40.31%
Min: 0.00%

At 188.65%, FMX’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Beverages industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.

HSY

70.84%

Food Products Industry

Max: 202.50%
Q3: 109.53%
Median: 67.28%
Q1: 39.33%
Min: 0.00%

HSY’s Dividend Payout Ratio of 70.84% is within the typical range for the Food Products industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

FMX vs. HSY: A comparison of their Dividend Payout Ratio (TTM) against their respective Beverages and Food Products industry benchmarks.

Dividend at a Glance

Symbol	FMX	HSY
Dividend Yield (TTM)	6.14%	3.04%
Dividend Payout Ratio (TTM)	188.65%	70.84%

Valuation

Price-to-Earnings Ratio (TTM)

FMX

30.72

Beverages Industry

Max: 41.48
Q3: 28.35
Median: 19.09
Q1: 15.36
Min: 3.14

A P/E Ratio of 30.72 places FMX in the upper quartile for the Beverages industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

HSY

23.29

Food Products Industry

Max: 35.81
Q3: 22.88
Median: 17.13
Q1: 13.91
Min: 2.77

A P/E Ratio of 23.29 places HSY in the upper quartile for the Food Products industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

FMX vs. HSY: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Beverages and Food Products industry benchmarks.

Price-to-Sales Ratio (TTM)

FMX

0.75

Beverages Industry

Max: 3.90
Q3: 2.38
Median: 1.54
Q1: 0.84
Min: 0.41

In the lower quartile for the Beverages industry, FMX’s P/S Ratio of 0.75 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.

HSY

3.16

Food Products Industry

Max: 3.63
Q3: 1.86
Median: 1.14
Q1: 0.68
Min: 0.12

HSY’s P/S Ratio of 3.16 is in the upper echelon for the Food Products industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

FMX vs. HSY: A comparison of their Price-to-Sales Ratio (TTM) against their respective Beverages and Food Products industry benchmarks.

Price-to-Book Ratio (MRQ)

FMX

2.54

Beverages Industry

Max: 6.29
Q3: 3.58
Median: 2.19
Q1: 1.68
Min: 0.91

FMX’s P/B Ratio of 2.54 is within the conventional range for the Beverages industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

HSY

7.45

Food Products Industry

Max: 5.01
Q3: 2.76
Median: 1.98
Q1: 1.26
Min: 0.52

At 7.45, HSY’s P/B Ratio is at an extreme premium to the Food Products industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

FMX vs. HSY: A comparison of their Price-to-Book Ratio (MRQ) against their respective Beverages and Food Products industry benchmarks.

Valuation at a Glance

Symbol	FMX	HSY
Price-to-Earnings Ratio (TTM)	30.72	23.29
Price-to-Sales Ratio (TTM)	0.75	3.16
Price-to-Book Ratio (MRQ)	2.54	7.45
Price-to-Free Cash Flow Ratio (TTM)	27.94	19.57