Financials in USD. Standardized financial statements.
A compact view of how Grupo Financiero Banorte, S.A.B. de C.V. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $505.93B | $218.04B | $444.72B | $179.54B | $160.97B | $191.55B | $206.75B | $190.65B | $155.16B | $118.84B |
| Revenue Growth? | +132.0% | -51.0% | +147.7% | +11.5% | -16.0% | -7.3% | +8.4% | +22.9% | +30.6% | 0.0% |
| Cost of Revenue? | $258.46B | $0 | $248.01B | $0 | $0 | $47.90B | $68.69B | $60.75B | $44.63B | $27.38B |
| Gross Profit? | $247.47B | $218.04B | $196.70B | $179.54B | $160.97B | $143.66B | $138.05B | $129.90B | $110.53B | $91.46B |
| Gross Margin? | +48.9% | +100.0% | +44.2% | +100.0% | +100.0% | +75.0% | +66.8% | +68.1% | +71.2% | +77.0% |
| Operating Expenses? | $163.85B | $124.89B | $125.73B | $105.22B | $105.42B | $102.71B | $88.22B | $85.85B | $77.32B | $65.25B |
| Operating Income? | $83.62B | $93.15B | $70.97B | $74.32B | $55.54B | $40.95B | $49.83B | $44.05B | $33.21B | $26.21B |
| EBITDA? | $89.14B | $0 | $75.46B | $0 | $0 | $43.23B | $51.92B | $46.27B | $34.90B | $27.38B |
| Income Before Tax | $83.62B | $75.33B | $70.97B | $61.99B | $46.09B | $40.95B | $49.83B | $44.05B | $33.21B | $26.21B |
| Income Tax Expense | $21.77B | $19.13B | $17.83B | $15.96B | $10.56B | $10.05B | $12.79B | $11.64B | $9.05B | $6.88B |
| Net Income? | $58.79B | $56.19B | $52.42B | $45.41B | $35.05B | $30.51B | $36.53B | $31.96B | $23.91B | $19.31B |
| EPS? | $20.79 | $19.68 | $18.18 | $15.75 | $12.15 | $10.70 | $12.75 | $11.24 | $8.69 | $7.01 |
| Diluted EPS? | $20.79 | $19.68 | $18.18 | $15.75 | $12.15 | $10.58 | $12.69 | $11.09 | $8.62 | $6.96 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality