Grupo Carso revenue and financials

GCARSO.A1 · BMV · MXN

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Close · October 6, 2026

In the fiscal year ended December 2025, Grupo Carso reported revenue of $191.63B (−3.24% year over year). Net income was $8.77B, a net margin of 4.6%.

Annual revenue · 2025: $191.63B

$124.57B2021
$181.54B2022
$193.41B2023
$198.03B2024
$191.63B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: −3.24%; 2025 vs 2024
Net income growth: −39.31%; 2025 vs 2024
Net margin: 4.6%; 2024: 7.3%

Financial data

Amounts in millions of MXN; per-share values in MXN; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	259,156	252,911	266,865	272,128	268,932	278,315	280,340	273,792	270,883	247,065	250,474	248,122
Current assets	120,664	114,211	110,813	116,088	114,556	120,438	122,483	112,739	112,702	105,431	107,328	101,776
Cash and equivalents	25,581	22,475	23,597	17,290	16,109	13,693	16,242	17,824	13,010	15,148	16,347	14,079
Receivables	61,141	55,506	54,430	66,077	65,269	63,320	62,295	61,914	67,787	60,395	60,904	56,874
Inventory	29,015	28,371	29,327	29,956	30,574	31,083	31,275	30,707	29,072	27,345	27,843	28,207
Net property, plant and equipment	76,248	76,215	76,528	76,396	78,506	79,181	78,597	81,638	79,054	65,108	65,279	66,286
Goodwill	7,588	7,000	5,567	5,567	5,567	5,700	5,700	4,525	4,496	4,453	4,461	4,478
Other intangible assets	1,639	1,971	2,096	2,547	2,810	3,413	3,687	4,980	4,691	4,546	4,504	4,334
Long-term investments	19,666	20,084	38,338	38,883	36,384	37,695	37,516	37,687	39,038	37,942	38,681	40,734
Current liabilities	67,577	62,940	62,334	64,678	62,911	61,260	65,439	63,937	66,841	58,170	63,034	63,702
Accounts payable	21,611	19,549	21,340	19,965	20,940	22,279	23,784	22,643	19,401	17,927	20,316	17,339
Long-term debt	24,798	21,020	21,414	25,717	27,524	34,705	35,282	35,613	34,937	26,055	26,653	23,484
Total debt	48,193	45,943	42,710	—	51,003	54,163	—	—	—	—	—	—
Total liabilities	103,467	95,268	99,878	107,767	107,908	113,976	118,324	118,120	119,700	101,839	106,318	102,892
Total equity (incl. minority)	155,689	157,643	166,987	164,361	161,024	164,339	162,016	155,672	151,182	145,226	144,156	145,230
Retained earnings	132,653	133,159	131,717	128,423	127,734	128,537	126,907	123,107	120,171	119,029	116,008	112,742
Minority interest	21,765	22,194	21,607	20,660	20,394	20,458	19,674	18,506	17,288	15,393	15,699	16,336