Grupo Elektra, S.A.B. de C.V. Overview
Pro stress-test →Grupo Elektra is a Mexican financial and retail corporation conglomerate founded in 1950 that operates over seven thousand points of contact across Mexico, United States, and Central America through two business divisions: commercial and financial. The company is the leading specialized trade and financial services company in Latin America and the largest provider of short-term non-bank loans in the US.
Strategic Profile
Pro stress-test →The company's 2025 consolidated revenue increased 7% to Ps.215,356 million, driven by a 12% growth in the financial business. Banco Azteca's consolidated gross loan portfolio grew 11% to Ps.216,716 million. In December 2024, shareholders approved the delisting of Grupo Elektra from the Mexican Stock Exchange, transitioning into a private company as part of a strategy to strengthen its financial, digital, and international capabilities.
Competitive Landscape
Pro stress-test →Elektra operates 1,200+ points of contact offering household appliances, electronics, furniture targeting middle- and lower-income segments (C and D+ populations). Competes in consumer retail and financial services across Mexico and Central America with vertically integrated offerings through Banco Azteca financial services.
Industry Context
Grupo Elektra, S.A.B. de C.V. operates in Financial Conglomerates / Specialty Retail & Financial Services.
Key facts
Founded: 1950 · Headquarters: Mexico City, Mexico · Employees: 67,078 · Revenue: $10.71B (2024) · Market cap: $4.27B