List of largest Mexican companies
This article lists the largest companies in Mexico in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.
2023 Fortune list edit
This list displays all 3 Mexican companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
| Rank | Fortune 500 rank | Name | Industry | Revenue (USD millions) | Profits (USD millions) | Employees | Headquarters |
|---|---|---|---|---|---|---|---|
| 1 | 80 | Pemex | Oil and Gas | 118,536 | 4,994 | 120,054 | Mexico City |
| 2 | 349 | América Móvil | Telecommunications | 42,724 | 3,787 | 176,014 | Mexico City |
| 3 | 454 | Fomento Económico Mexicano | Beverages | 33,481 | 1,189 | 354,309 | Monterrey |
2023 Forbes list edit
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2023.[2]
| Rank | Forbes 2000 rank | Name | Headquarters | Revenue (billions US$) | Profit (billions US$) | Assets (billions US$) | Value (billions US$) | Industry |
|---|---|---|---|---|---|---|---|---|
| 1 | 177 | América Móvil | Mexico City | 43.57 | 3.84 | 88.24 | 66.81 | Telecommunications |
| 2 | 312 | Fomento Económico Mexicano | Monterrey | 35.86 | 3.46 | 44.9 | 35.05 | Beverages |
| 3 | 375 | Banorte | Monterrey | 16.82 | 2.26 | 106.23 | 24.74 | Finance |
| 4 | 496 | Grupo México | Mexico City | 13.93 | 3.26 | 32.66 | 37.81 | Mining |
| 5 | 610 | Grupo Bimbo | Mexico City | 20.74 | 2.36 | 18.73 | 24.62 | Food processing |
| 6 | 1048 | Inbursa | Mexico City | 4 | 1.1 | 31.1 | 14.72 | Financial services |
| 7 | 1071 | Cemex | Monterrey | 15.93 | 0.58 | 27.49 | 9.9 | Building material |
| 8 | 1130 | Arca Continental | Monterrey | 10..8 | 0.82 | 13.84 | 17.42 | Beverages |
| 9 | 1188 | Grupo Carso | Mexico City | 10.18 | 1.03 | 13.29 | 12.57 | Conglomerate |
| 10 | 1384 | ALFA | Monterrey | 18.27 | 0.73 | 14.36 | 3.1 | Conglomerate |
| 11 | 1558 | El Puerto de Liverpool | Mexico City | 8.75 | 0.86 | 12.1 | 8.12 | Retail |
| 12 | 1606 | Grupo Elektra | Mexico City | 8.19 | (-0.37) | 21.8 | 10.42 | Finance |
| 13 | 1743 | Fibra Uno | Mexico City | 1.17 | 1.17 | 17.36 | 5.29 | Real Estate |
2019 Fortune list edit
This list displays all 4 Mexican companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2018.[3] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
| Rank | Fortune 500 rank | Name | Industry | Revenue (USD millions) | Profits (USD millions) | Employees | Headquarters |
|---|---|---|---|---|---|---|---|
| 1 | 95 | Pemex | Oil and Gas | 87,403 | −9,378 | 131,108 | Mexico City |
| 2 | 196 | América Móvil | Telecommunications | 53,978 | 2,733 | 194,431 | Mexico City |
| 3 | 443 | Comisión Federal de Electricidad | Electric utility | 28,457 | 2,322 | 91,369 | Mexico City |
| 4 | 488 | Fomento Económico Mexicano | Beverages | 25,679 | 1,247 | 297,073 | Monterrey |
2019 Forbes list edit
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2018.[4]
| Rank | Forbes 2000 rank | Name | Headquarters | Revenue (billions US$) | Profit (billions US$) | Assets (billions US$) | Value (billions US$) | Industry |
|---|---|---|---|---|---|---|---|---|
| 1 | 189 | América Móvil | Mexico City | 53.1 | 2.5 | 72.6 | 52.4 | Telecommunications |
| 2 | 429 | Fomento Económico Mexicano | Monterrey | 25.1 | 1.3 | 29.3 | 34.5 | Beverages |
| 3 | 473 | Banorte | Monterrey | 10.4 | 1.7 | 82.7 | 18.8 | Finance |
| 4 | 594 | Grupo México | Mexico City | 10.5 | 1.3 | 26.9 | 24.3 | Mining |
| 5 | 975 | Cemex | Monterrey | 14.4 | 0.5 | 28.1 | 7.4 | Building materials |
| 6 | 1030 | ALFA | Monterrey | 19.0 | 0.7 | 18.8 | 5.5 | Conglomerate |
| 7 | 1118 | Inbursa | Mexico City | 4.1 | 0.9 | 25.9 | 10.2 | Finance |
| 8 | 1230 | Grupo Elektra | Mexico City | 5.4 | 0.8 | 14.1 | 12.7 | Conglomerate |
| 9 | 1306 | Grupo Bimbo | Mexico City | 15.0 | 0.3 | 13.4 | 10.1 | Food processing |
| 10 | 1419 | Arca Continental | Monterrey | 8.3 | 0.5 | 12.1 | 10.0 | Beverages |
| 11 | 1508 | El Puerto de Liverpool | Mexico City | 7.0 | 0.6 | 8.9 | 8.5 | Retail |
| 12 | 1860 | Fibra Uno | Mexico City | 1.0 | 0.9 | 12.3 | 5.8 | Real estate |
| 13 | 1964 | Grupo Carso | Mexico City | 5.0 | 0.5 | 7.0 | 8.9 | Conglomerate |