CXNYSECement, HydraulicFiscal year ends December 31Also trades as CXMSF
CEMEX SAB DE CV
Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 20-F on Apr 24, 2026
$10.29+0.04 (+0.39%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 483.1
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2015 to 2024
Gross margin
33.6%+0.8 pts over 5 years
Operating margin
11.2%+3.8 pts over 5 years
Net margin
5.8%+4.7 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 | -2.1% | +4.1% | +4.6% | – | |
| Gross profit | -2.4% | +5.5% | +5.1% | – | |
| Operating income | +4.2% | +3.6% | +13.5% | – | |
| Net income | +415.9% | +7.6% | +45.7% | – | |
| EPS, diluted | +419.5% | +8.2% | +47.0% | – | |
| Free cash flow | -34.1% | -5.7% | +4.9% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2015 | FY2019 | FY2024 | Trend |
|---|---|---|---|---|
| Return on equity | – | 1.5% | 7.8% | |
| Return on assets | – | 0.5% | 3.4% | |
| Current ratio | – | 0.85 | 0.82 | |
| Debt to equity | – | 1.00 | 0.45 | |
| Net debt to EBITDA | – | 4.28× | 1.52× | |
| Inventory turnover | – | 8.4× | 6.6× | |
| Capex to revenue | – | 5.0% | 6.2% | |
| Diluted shares | 49.12B | 47.32B | 44.07B |
Where the cash went
Fiscal 2020 to 2024, five years combined
Cemex Sab De Cv generated $8.92B from operations and spent $4.22B on capital expenditure, dividends and share buybacks. 93% of that went back into the business.
Generated
$8.92B
Used
$4.22B
Capital expenditure$3.93B93%Dividends$90.00M2%Share buybacks$194.00M5%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.8%
×Asset turnover0.58×
×Equity multiplier2.33×
=Return on equity, FY20247.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 5.8% | 0.58× | 2.33× | 7.8% |
| FY2023 | 1.1% | 0.60× | 2.46× | 1.6% |
| FY2022 | 5.8% | 0.55× | 2.61× | 8.4% |
| FY2021 | 5.2% | 0.53× | 3.02× | 8.4% |
| FY2020 | -11.6% | 0.45× | 3.26× | -16.9% |
| FY2019 | 1.1% | 0.44× | 3.11× | 1.5% |
| FY2018 | 3.9% | 0.46× | 3.19× | 5.7% |
| FY2017 | 6.1% | 0.43× | 3.54× | 9.4% |
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 zero$939.00M
- Cash generatingOperating cash flow above zero$1.89B
- Return on assets improvedROA up on the prior year0.7% → 3.3%
- Earnings backed by cashOperating cash flow above net income$1.89B vs $939.00M
- Less leverageLong-term debt to assets fell21.8% → 19.6%
- Better liquidityCurrent ratio rose0.74 → 0.82
- No dilutionShare count did not rise44.11B → 44.07B
- Gross margin improvedGross margin up on the prior year33.68% → 33.57%
- More efficientAsset turnover rose0.63 → 0.57