Company data sheet · Mexican Petroleum
Mexican Petroleum: six lost years, and the economy wasn't the reason.
- Industry
- Crude Petroleum & Natural Gas
- Headquarters
- Mexico
- Sources
- SEC filings (2002–2026), Stratrix's verified Decision Cases, market data and official economic statistics for Mexico
- Data as of
- October 18, 2026
- From profit to six straight losses. Mexican Petroleum earned MXN 712 billion in 2015–2015. Then it lost money every year from 2016 to 2021: MXN 1.74 trillion in all. 2022 was its first profit in seven years: MXN 100 billion.
- It wasn't the cycle. The losses began in 2016, a year Mexico economy grew 1.5%. When a company falls while its economy grows, look inside the company first.
- Still smaller than it was. Revenue reached MXN 1.67 trillion in 2024, 30% below its 2022 peak of MXN 2.38 trillion.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | MXN 1.07 trillion | −MXN 192 billion | |
| 2017 | MXN 1.40 trillion | −MXN 281 billion | |
| 2018 | MXN 1.68 trillion | −MXN 180 billion | |
| 2019 | MXN 1.40 trillion | −MXN 281 billion | |
| 2020 | MXN 954 billion | −MXN 509 billion | |
| 2021 | MXN 1.50 trillion | −MXN 295 billion | |
| 2022 | MXN 2.38 trillion | MXN 100 billion | |
| 2023 | MXN 1.72 trillion | MXN 8.1 billion | |
| 2024 | MXN 1.67 trillion | −MXN 780 billion |
As reported in its annual filings, in MXN. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Economic context: 6 measures for Mexico, every year since 2016, from the official sources.
- Peer comparison: against 40 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
The full data sheet downloads with the Data Plan. To see exactly what you get first, open the Boeing sample PDF or Excel.