Mexican American Depositary Receipts Index

Latin America's largest telecommunications group, controlled by the Slim family. It runs mobile, fixed-line, broadband and pay-TV networks across some 25 countries — Telcel and Telmex at home, Claro across the region. Its capital budget, the biggest of any Mexican issuer, is dominated by 5G and fiber network buildout.

A Monterrey-based beverage and retail powerhouse. It operates OXXO, the largest convenience-store chain in the Americas, plus fuel stations, pharmacies and health retail, and is the world's largest Coca-Cola bottling franchisee through its stake in Coca-Cola FEMSA. Capex funds store expansion and logistics (figure consolidates Coca-Cola FEMSA).

Mexico's largest retailer and the local arm of Walmart, operating Walmart Supercenters, Bodega Aurrerá, Sam's Club and Walmart Express across Mexico and Central America, alongside a fast-growing e-commerce and fintech business. Spending goes to new stores, distribution centers and digital platforms.

One of the world's largest copper producers, mining through Southern Copper and Americas Mining, with a major rail and transportation arm (Ferromex/GMXT) and an infrastructure division. Its USD-denominated capex covers mine expansions, smelters and railway investment.

A fast-growing independent oil and gas producer focused on Argentina's Vaca Muerta shale, with additional assets in Mexico. Founded by former YPF chief Miguel Galuccio, it lists on both the NYSE and the Mexican Bolsa. Capex is plowed into shale drilling and well completions to scale production.

The largest Coca-Cola bottler in the world by volume, serving Mexico, Brazil, Colombia, Argentina and much of Latin America. Majority-owned by FEMSA, it invests in bottling lines, distribution fleets, digital ordering and returnable packaging.

The world's largest baking company, with brands including Bimbo, Marinela, Sara Lee, Entenmann's and Thomas' sold in more than 30 countries. Capital spending goes into bakeries, production lines and a large (increasingly electric) distribution fleet.

A global building-materials major producing cement, ready-mix concrete and aggregates, with a heavy presence in the United States, Mexico and Europe. Reporting in US dollars, it directs capex toward kiln capacity, urbanization solutions and decarbonization of its cement plants.

A leading Spanish-language media company and one of Mexico's largest cable and broadband operators through izzi and its Sky satellite-TV interest. It combined its content business with Univision to form TelevisaUnivision. Capex centers on its cable network and broadband infrastructure.

Operator of 12 airports in western Mexico — including Guadalajara, Tijuana, Puerto Vallarta and Los Cabos — plus two in Jamaica. Its capital spending follows regulated master development programs for terminal expansion and modernization.