AMXNYSETelephone Communications (No Radiotelephone)Fiscal year ends December 31Also trades as AMXOF
AMERICA MOVIL SAB DE CV/
Financials through Q3 FY2025, quarter ended Sep 30, 2025Last filing: 20-F on Apr 28, 2026
$22.83−0.08 (-0.35%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2014 to 2024
Gross margin
61.9%+2.9 pts over 5 years
Operating margin
20.7%+3.8 pts over 5 years
Net margin
2.6%−5.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2024
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.5% | +1.5% | +0.4% | – | |
| Gross profit | +7.7% | +2.3% | +1.4% | – | |
| Operating income | +7.3% | +2.4% | +4.6% | – | |
| Net income | -69.9% | -50.8% | -19.5% | – | |
| Free cash flow | +7.9% | +2.5% | +4.5% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2015 | FY2019 | FY2024 | Trend |
|---|---|---|---|---|
| Return on equity | – | 36.2% | 6.2% | |
| Return on assets | – | 4.6% | 1.4% | |
| Current ratio | – | 0.63 | 0.72 | |
| Debt to equity | – | 3.51 | 1.54 | |
| Net debt to EBITDA | – | 2.01× | 1.54× | |
| Interest coverage | 4.5× | 3.8× | 3.2× | |
| Inventory turnover | – | 8.6× | 15.4× | |
| Capex to revenue | 14.3% | 15.6% | 13.0% | |
| Diluted shares | 66.87B | 0M | 61.72B |
Where the cash went
Fiscal 2020 to 2024, five years combined
America Movil Sab De Cv/ generated 1.25T MXN from operations and spent 870.13B MXN on capital expenditure, dividends and share buybacks. 73% of that went back into the business.
Generated
1.25T MXN
Used
870.13B MXN
Capital expenditure636.66B MXN73%Dividends128.43B MXN15%Share buybacks105.04B MXN12%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.6%
×Asset turnover0.52×
×Equity multiplier4.56×
=Return on equity, FY20246.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 2.6% | 0.52× | 4.56× | 6.2% |
| FY2023 | 9.3% | 0.51× | 4.30× | 20.6% |
| FY2022 | 9.0% | 0.51× | 4.33× | 20.0% |
| FY2021 | 23.2% | 0.50× | 5.18× | 60.1% |
| FY2020 | 5.7% | 0.52× | 7.37× | 21.9% |
| FY2019 | 8.0% | 0.58× | 7.92× | 36.2% |
| FY2018 | 5.1% | 0.71× | 7.47× | 26.9% |
| FY2017 | 2.9% | 0.68× | 7.45× | 14.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2024 against fiscal 2023
7of 9 tests passed in fiscal 2024. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero22.90B MXN
- Cash generatingOperating cash flow above zero239.34B MXN
- Return on assets improvedROA up on the prior year4.7% → 1.5%
- Earnings backed by cashOperating cash flow above net income239.34B MXN vs 22.90B MXN
- Less leverageLong-term debt to assets fell21.7% → 25.8%
- Better liquidityCurrent ratio rose0.65 → 0.72
- No dilutionShare count did not rise63.05B → 61.72B
- Gross margin improvedGross margin up on the prior year61.22% → 61.90%
- More efficientAsset turnover rose0.50 → 0.56