CEMEX, S.A.B. de C.V. (CX) 10-Year Financial Performance & Capital Metrics

CX • • Industrial / General

Basic MaterialsConstruction MaterialsCement & Concrete ProductsIntegrated Cement Producers

AboutCEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials worldwide. The company also offers various complementary construction products, including asphalt products; concrete blocks; roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products, such as rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs. In addition, it provides building solutions for housing solutions, pavement solutions, and green building services; cement trade maritime services; and information technology solutions. The company operates approximately 2,000 retail stores. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza García, Mexico.Show more

Revenue $16.2B -6.8%
EBITDA $3.07B -0.4%
Net Income $939M +415.9%
EPS (Diluted) 0.61 +408.3%
Gross Margin 33.57% -0.4%
EBITDA Margin 18.96% +7.0%
Operating Margin 11.24% +5.7%
Net Margin 5.8% +453.8%
ROE 7.64% +383.0%
ROIC 7.07% -0.8%
Debt/Equity 0.59 -12.5%
Interest Coverage 3.06 -4.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 60.7%
✓Strong Piotroski F-Score: 7/9
✓Momentum leader: RS Rating 88 (top 12%)
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high
✓Trading at only 1.5x book value

✗Weaknesses

✗Thin 5Y average net margin of 1.3%

Price & Volume

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Growth Metrics

Revenue CAGR

10Y1.29%

5Y4.36%

3Y4.19%

TTM-3.52%

Profit (Net Income) CAGR

10Y-

5Y60.67%

3Y7.58%

TTM203.64%

EPS CAGR

10Y-

5Y46.3%

3Y6.85%

TTM139.17%

ROCE

10Y Avg5.51%

5Y Avg5.33%

3Y Avg6.98%

Latest8.5%

Peer Comparison

Integrated Cement Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CRHCRH plc	81.95B	122.56	24.41	12.01%	9.27%	13.24%	2.89%	0.67
AMRZAmrize Ltd	30.15B	54.52	23.70	0.23%	11.65%	10.68%	5.44%	0.96
CXCEMEX, S.A.B. de C.V.	17.92B	12.35	20.25	-6.83%	8.61%	9.8%	3.34%	0.59
EXPEagle Materials Inc.	7.4B	230.76	16.76	0.05%	19.41%	29.07%	4.77%	0.88

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	13.07B	12.11B	13.14B	14.09B	13.08B	12.97B	14.32B	14.71B	17.39B	16.2B
Revenue Growth %	-0.08%	-0.07%	0.09%	0.07%	-0.07%	-0.01%	0.1%	0.03%	0.18%	-0.07%
Cost of Goods Sold+	8.71B	7.81B	8.63B	9.31B	8.97B	8.79B	9.89B	10.22B	11.53B	10.76B
COGS % of Revenue	0.67%	0.65%	0.66%	0.66%	0.69%	0.68%	0.69%	0.7%	0.66%	0.66%
Gross Profit+	4.36B	4.3B	4.51B	4.78B	4.11B	4.18B	4.43B	4.49B	5.86B	5.44B
Gross Margin %	0.33%	0.35%	0.34%	0.34%	0.31%	0.32%	0.31%	0.3%	0.34%	0.34%
Gross Profit Growth %	-0.04%	-0.02%	0.05%	0.06%	-0.14%	0.02%	0.06%	0.01%	0.31%	-0.07%
Operating Expenses+	2.82B	2.59B	2.85B	3.09B	2.78B	2.84B	2.72B	3.61B	4.01B	3.62B
OpEx % of Revenue	0.22%	0.21%	0.22%	0.22%	0.21%	0.22%	0.19%	0.25%	0.23%	0.22%
Selling, General & Admin	2.82B	2.59B	2.85B	3.09B	2.74B	2.84B	2.68B	1.19B	1.39B	1.48B
SG&A % of Revenue	0.22%	0.21%	0.22%	0.22%	0.21%	0.22%	0.19%	0.08%	0.08%	0.09%
Research & Development	0	0	0	0	37.87M	775.52M	43.83M	0	0	0
R&D % of Revenue	-	-	-	-	0%	0.06%	0%	-	-	-
Other Operating Expenses	0	0	0	0	0	4M	0	2.42B	2.62B	2.14B
Operating Income+	1.37B	1.62B	1.46B	1.39B	1.33B	-436M	1.71B	873M	1.85B	1.82B
Operating Margin %	0.11%	0.13%	0.11%	0.1%	0.1%	-0.03%	0.12%	0.06%	0.11%	0.11%
Operating Income Growth %	0.19%	0.18%	-0.1%	-0.05%	-0.05%	-1.33%	4.93%	-0.49%	1.12%	-0.02%
EBITDA+	2.26B	2.4B	2.28B	2.21B	2.37B	669M	2.83B	1.95B	3.08B	3.07B
EBITDA Margin %	0.17%	0.2%	0.17%	0.16%	0.18%	0.05%	0.2%	0.13%	0.18%	0.19%
EBITDA Growth %	0.06%	0.06%	-0.05%	-0.03%	0.07%	-0.72%	3.23%	-0.31%	0.58%	-0%
D&A (Non-Cash Add-back)	890.34M	779.36M	814.26M	817.67M	1.04B	1.1B	1.12B	1.07B	1.23B	1.25B
EBIT	1.35B	1.89B	1.75B	1.44B	911.82M	-510M	1.55B	1.1B	2.02B	1.57B
Net Interest Income+	-1.23B	-1.07B	-1B	-704M	-752M	-757M	-636M	-374M	-577M	-577M
Interest Income	20.28M	20.13M	17.88M	18M	21M	20M	22M	27M	40M	18M
Interest Expense	1.25B	1.04B	1.02B	722M	711M	777M	658M	401M	575M	595M
Other Income/Expense	-1.18B	-788.28M	-869M	-690M	-1.08B	-839M	-762.12M	-303M	-400M	-841M
Pretax Income+	199.31M	833.99M	695.47M	789.23M	252.12M	-1.27B	950.41M	570M	1.45B	980M
Pretax Margin %	0.02%	0.07%	0.05%	0.06%	0.02%	-0.1%	0.07%	0.04%	0.08%	0.06%
Income Tax+	131.79M	149.43M	26.48M	227.29M	161.44M	52M	136.48M	168M	1.25B	67M
Effective Tax Rate %	0.35%	0.81%	1.11%	0.67%	0.35%	1.15%	0.79%	1.51%	0.13%	0.96%
Net Income+	69.54M	677.32M	775M	532.58M	87.69M	-1.47B	754.15M	858M	182M	939M
Net Margin %	0.01%	0.06%	0.06%	0.04%	0.01%	-0.11%	0.05%	0.06%	0.01%	0.06%
Net Income Growth %	1.15%	8.74%	0.14%	-0.31%	-0.84%	-17.73%	1.51%	0.14%	-0.79%	4.16%
Net Income (Continuing)	63.46M	699.43M	645M	493M	90.68M	-1.35B	813.92M	402M	199M	913M
Discontinued Operations	0	0	0	9.85B	32.89M	0	-34.87M	483M	0	47M
Minority Interest	735.79M	964.78M	1.58B	1.57B	1.5B	877M	444M	408M	352M	301M
EPS (Diluted)+	0.05	0.46	0.52	0.33	0.09	-0.98	0.50	0.58	0.12	0.61
EPS Growth %	1.17%	8.58%	0.13%	-0.37%	-0.72%	-11.77%	1.51%	0.16%	-0.79%	4.08%
EPS (Basic)	0.05	0.46	0.52	0.35	0.10	-1.00	0.51	0.59	0.12	0.58
Diluted Shares Outstanding	1.63B	1.65B	1.61B	1.6B	1.58B	1.5B	1.5B	1.48B	1.47B	1.47B
Basic Shares Outstanding	1.46B	1.49B	1.52B	1.54B	1.51B	1.47B	1.47B	1.48B	1.47B	1.55B
Dividend Payout Ratio	-	-	-	-	2.04%	-	0.03%	0.06%	0.66%	0.1%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	4.27B	4.29B	3.65B	3.42B	4.58B	4.24B	4.22B	4.53B	5B	5.02B
Cash & Short-Term Investments	893.28M	563.84M	702.31M	309M	788M	950M	613M	495M	624M	864M
Cash Only	884.71M	563.84M	702.31M	309M	788M	950M	613M	495M	624M	864M
Short-Term Investments	8.57M	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.88B	1.72B	1.82B	1.8B	1.85B	2.01B	1.68B	1.84B	2.4B	1.8B
Days Sales Outstanding	52.45	51.79	50.47	46.64	51.5	56.57	42.88	45.77	50.27	40.62
Inventory	1.03B	878.48M	963.53M	1.08B	989M	1.09B	1.39B	1.78B	1.79B	1.49B
Days Inventory Outstanding	43	41.04	40.74	42.38	40.23	45.17	51.36	63.67	56.65	50.37
Other Current Assets	312.14M	1.13B	169.89M	231M	956M	187M	537M	404M	-275M	370M
Total Non-Current Assets+	27.13B	24.82B	25.36B	25.76B	24.78B	23.83B	23.47B	22.96B	23.43B	22.28B
Property, Plant & Equipment	12.4B	11.17B	11.87B	12.5B	11.88B	11.41B	11.32B	11.28B	12.51B	11.24B
Fixed Asset Turnover	1.05x	1.08x	1.11x	1.13x	1.10x	1.14x	1.27x	1.30x	1.39x	1.44x
Goodwill	10.64B	10.01B	9.99B	9.91B	9.56B	8.51B	7.98B	7.54B	7.67B	7.44B
Intangible Assets	2.12B	2B	2.02B	2.02B	2.03B	1.75B	1.78B	1.75B	1.82B	1.92B
Long-Term Investments	1.08B	852.17M	710.54M	688M	668M	785M	743M	875M	733M	758M
Other Non-Current Assets	0	0	21.88M	19M	17M	0	35M	58M	336M	251M
Total Assets+	31.4B	29.11B	29.01B	29.18B	29.36B	28.07B	27.7B	27.49B	28.43B	27.3B
Asset Turnover	0.42x	0.42x	0.45x	0.48x	0.45x	0.46x	0.52x	0.53x	0.61x	0.59x
Asset Growth %	-0.1%	-0.07%	-0%	0.01%	0.01%	-0.04%	-0.01%	-0.01%	0.03%	-0.04%
Total Current Liabilities+	4.2B	3.98B	5.74B	4.79B	5.41B	5.35B	5.38B	5.55B	6.79B	6.09B
Accounts Payable	1.66B	1.96B	2.37B	2.54B	2.53B	2.57B	2.76B	2.97B	3.11B	3.09B
Days Payables Outstanding	69.68	91.47	100.34	99.47	102.74	106.75	101.92	105.92	98.45	104.81
Short-Term Debt	915.11M	625.2M	1.86B	900M	1.44B	1.06B	940M	987M	703M	847M
Deferred Revenue (Current)	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	1.24B	967.5M	1.01B	912M	996M	1.08B	984M	932M	492M	465M
Current Ratio	1.02x	1.08x	0.64x	0.71x	0.85x	0.79x	0.79x	0.82x	0.74x	0.82x
Quick Ratio	0.77x	0.86x	0.47x	0.49x	0.66x	0.59x	0.53x	0.49x	0.47x	0.58x
Cash Conversion Cycle	25.77	1.36	-9.13	-10.45	-11.02	-5.01	-7.67	3.52	8.48	-13.82
Total Non-Current Liabilities+	18.43B	16.25B	12.7B	13.51B	13.15B	13.77B	12.04B	11.04B	9.53B	8.73B
Long-Term Debt	15.24B	13.28B	9.75B	9.96B	9.33B	9.16B	7.31B	6.92B	6.2B	5.34B
Capital Lease Obligations	85.81M	62.67M	127.93M	1.08B	1.04B	967M	911M	918M	986M	902M
Deferred Tax Liabilities	1.18B	951.39M	807.6M	748M	720M	1.3B	1.53B	1.44B	443M	548M
Other Non-Current Liabilities	1.92B	1.96B	2.01B	1.73B	2.06B	2.34B	2.3B	1.76B	1.9B	1.92B
Total Liabilities	22.63B	20.23B	18.44B	18.3B	18.56B	19.12B	17.43B	16.58B	16.32B	14.82B
Total Debt+	16.24B	13.97B	11.74B	11.93B	11.81B	11.19B	9.16B	8.82B	8.16B	7.36B
Net Debt	15.36B	13.4B	11.03B	11.63B	11.03B	10.23B	8.54B	8.33B	7.54B	6.49B
Debt / Equity	1.85x	1.57x	1.11x	1.10x	1.09x	1.25x	0.89x	0.81x	0.67x	0.59x
Debt / EBITDA	7.18x	5.81x	5.15x	5.40x	4.99x	16.72x	3.24x	4.54x	2.65x	2.40x
Net Debt / EBITDA	6.78x	5.58x	4.84x	5.26x	4.65x	15.30x	3.02x	4.28x	2.45x	2.11x
Interest Coverage	1.10x	1.57x	1.43x	1.93x	1.87x	-0.56x	2.60x	2.18x	3.22x	3.06x
Total Equity+	8.77B	8.88B	10.58B	10.88B	10.8B	8.95B	10.27B	10.91B	12.12B	12.48B
Equity Growth %	-0.05%	0.01%	0.19%	0.03%	-0.01%	-0.17%	0.15%	0.06%	0.11%	0.03%
Book Value per Share	5.37	5.39	6.55	6.80	6.85	5.99	6.87	7.38	8.24	8.49
Total Shareholders' Equity	8.03B	7.91B	9B	9.3B	9.3B	8.07B	9.83B	10.5B	11.76B	12.18B
Common Stock	240.75M	202.02M	213.18M	318M	318M	318M	318M	318M	318M	318M
Retained Earnings	392.45M	759.41M	1.09B	1.62B	1.62B	2.63B	3.39B	4.25B	4.43B	5.25B
Treasury Stock	-10.36M	-15.87M	-15.38M	-85M	-58M	-94M	-14M	-116M	0	0
Accumulated OCI	723.46M	988.23M	529.35M	-2.56B	-2.69B	-2.36B	-1.36B	-1.44B	-363M	-770M
Minority Interest	735.79M	964.78M	1.58B	1.57B	1.5B	877M	444M	408M	352M	301M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	1.11B	1.89B	1.58B	1.35B	1.35B	1.59B	1.84B	1.37B	2.22B	1.89B
Operating CF Margin %	0.08%	0.16%	0.12%	0.1%	0.1%	0.12%	0.13%	0.09%	0.13%	0.12%
Operating CF Growth %	0.36%	0.71%	-0.16%	-0.15%	0%	0.18%	0.15%	-0.25%	0.62%	-0.15%
Net Income	67.52M	684.56M	668.99M	561.94M	143M	-1.47B	789.02M	858M	182M	939M
Depreciation & Amortization	890.34M	779.36M	814.26M	817.67M	1.04B	1.1B	1.12B	1.07B	1.19B	1.25B
Stock-Based Compensation	0	0	0	0	32M	29M	0	52M	61M	0
Deferred Taxes	131.79M	149.43M	26.48M	227.29M	0	0	-34.87M	0	0	0
Other Non-Cash Items	-189M	-259.62M	-335.08M	636.08M	2M	1.75B	108.59M	66M	552M	-526M
Working Capital Changes	205.04M	532.04M	409.37M	-54.04M	139M	179M	-142.46M	-680M	237M	231M
Change in Receivables	-195.95M	-210.1M	76.12M	10.53M	-8M	25M	73.72M	-208M	-27M	11M
Change in Inventory	-75.22M	-56.66M	26.78M	-151.12M	96M	24M	-339.72M	-464M	68M	196M
Change in Payables	417.38M	657.34M	185.08M	238.13M	0	0	288.91M	0	0	159M
Cash from Investing+	-461.91M	-260.64M	591.09M	-798.19M	-262M	87M	-717.29M	-640M	-1.32B	-328M
Capital Expenditures	-566.31M	-286.07M	-629.33M	-776.36M	-651M	-538M	-974.31M	-755M	-865M	-1.3B
CapEx % of Revenue	0.04%	0.02%	0.05%	0.06%	0.05%	0.04%	0.07%	0.05%	0.05%	0.08%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	8.25B	-329.37M	10.13B	2.65M	389M	625M	580.8M	115M	-457M	968M
Cash from Financing+	-721.9M	-1.91B	-2.17B	-994.34M	-604M	-1.52B	-1.4B	-961M	-701M	-1.25B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	-179M	-24M	-23.91M	-51M	-120M	-233M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-57.56M	68.83M	-334M	-668M	-93M	-93M	-149.43M	-16M	-296M	-91M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	539.38M	1.6B	954.68M	574.31M	704M	1.06B	1.06B	613M	1.36B	598M
FCF Margin %	0.04%	0.13%	0.07%	0.04%	0.05%	0.08%	0.07%	0.04%	0.08%	0.04%
FCF Growth %	0.6%	1.97%	-0.4%	-0.4%	0.23%	0.5%	0.01%	-0.42%	1.21%	-0.56%
FCF per Share	0.33	0.97	0.59	0.36	0.45	0.71	0.71	0.41	0.92	0.41
FCF Conversion (FCF/Net Income)	15.90x	2.78x	2.04x	2.54x	15.45x	-1.09x	2.43x	1.59x	12.21x	2.02x
Interest Paid	0	0	0	0	665M	679M	0	493M	549M	621M
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	0.77%	7.68%	7.97%	4.96%	0.81%	-14.85%	7.85%	8.1%	1.58%	7.64%
Return on Invested Capital (ROIC)	4.13%	5.24%	5%	4.73%	4.5%	-1.59%	6.76%	3.44%	7.13%	7.07%
Gross Margin	33.39%	35.48%	34.32%	33.91%	31.42%	32.22%	30.95%	30.5%	33.71%	33.57%
Net Margin	0.53%	5.59%	5.9%	3.78%	0.67%	-11.31%	5.26%	5.83%	1.05%	5.8%
Debt / Equity	1.85x	1.57x	1.11x	1.10x	1.09x	1.25x	0.89x	0.81x	0.67x	0.59x
Interest Coverage	1.10x	1.57x	1.43x	1.93x	1.87x	-0.56x	2.60x	2.18x	3.22x	3.06x
FCF Conversion	15.90x	2.78x	2.04x	2.54x	15.45x	-1.09x	2.43x	1.59x	12.21x	2.02x
Revenue Growth	-8.31%	-7.35%	8.53%	7.18%	-7.12%	-0.87%	10.45%	2.66%	18.24%	-6.83%

Revenue by Geography

	2017	2018	2019	2020	2021	2022
ISRAEL	-	-	-	-	785M	840M
ISRAEL Growth	-	-	-	-	-	7.01%
FRANCE	16.16B	-	869M	795M	863M	781M
FRANCE Growth	-	-	-	-8.52%	8.55%	-9.50%
COLOMBIA	10.69B	10.09B	504M	404M	437M	429M
COLOMBIA Growth	-	-5.59%	-95.00%	-19.84%	8.17%	-1.83%
PHILIPPINES	8.3B	8.61B	458M	398M	424M	379M
PHILIPPINES Growth	-	3.81%	-94.68%	-13.10%	6.53%	-10.61%
UNITED STATES	65.54B	72.34B	3.78B	-	-	-
UNITED STATES Growth	-	10.39%	-94.78%	-	-	-
GERMANY	-	-	464M	-	-	-
GERMANY Growth	-	-	-	-	-	-
EGYPT	3.86B	4.59B	-	-	-	-
EGYPT Growth	-	18.75%	-	-	-	-

Frequently Asked Questions

Valuation & Price

CEMEX, S.A.B. de C.V. (CX) has a price-to-earnings (P/E) ratio of 20.2x. This is roughly in line with market averages.

Growth & Financials

CEMEX, S.A.B. de C.V. (CX) reported $15.84B in revenue for fiscal year 2024. This represents a 17% increase from $13.57B in 2011.

CEMEX, S.A.B. de C.V. (CX) saw revenue decline by 6.8% over the past year.

Yes, CEMEX, S.A.B. de C.V. (CX) is profitable, generating $1.36B in net income for fiscal year 2024 (5.8% net margin).

Dividend & Returns

Yes, CEMEX, S.A.B. de C.V. (CX) pays a dividend with a yield of 0.50%. This makes it attractive for income-focused investors.

CEMEX, S.A.B. de C.V. (CX) has a return on equity (ROE) of 7.6%. This is below average, suggesting room for improvement.

CEMEX, S.A.B. de C.V. (CX) generated $1.00B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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CEMEX, S.A.B. de C.V. (CX) 10-Year Financial Performance & Capital Metrics

CX • • Industrial / General

Basic MaterialsConstruction MaterialsCement & Concrete ProductsIntegrated Cement Producers

Revenue $16.2B -6.8%
EBITDA $3.07B -0.4%
Net Income $939M +415.9%
EPS (Diluted) 0.61 +408.3%
Gross Margin 33.57% -0.4%
EBITDA Margin 18.96% +7.0%
Operating Margin 11.24% +5.7%
Net Margin 5.8% +453.8%
ROE 7.64% +383.0%
ROIC 7.07% -0.8%
Debt/Equity 0.59 -12.5%
Interest Coverage 3.06 -4.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 60.7%
✓Strong Piotroski F-Score: 7/9
✓Momentum leader: RS Rating 88 (top 12%)
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high
✓Trading at only 1.5x book value

✗Weaknesses

✗Thin 5Y average net margin of 1.3%

Price & Volume

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Growth Metrics

Revenue CAGR

10Y1.29%

5Y4.36%

3Y4.19%

TTM-3.52%

Profit (Net Income) CAGR

10Y-

5Y60.67%

3Y7.58%

TTM203.64%

EPS CAGR

10Y-

5Y46.3%

3Y6.85%

TTM139.17%

ROCE

10Y Avg5.51%

5Y Avg5.33%

3Y Avg6.98%

Latest8.5%

Peer Comparison

Integrated Cement Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CRHCRH plc	81.95B	122.56	24.41	12.01%	9.27%	13.24%	2.89%	0.67
AMRZAmrize Ltd	30.15B	54.52	23.70	0.23%	11.65%	10.68%	5.44%	0.96
CXCEMEX, S.A.B. de C.V.	17.92B	12.35	20.25	-6.83%	8.61%	9.8%	3.34%	0.59
EXPEagle Materials Inc.	7.4B	230.76	16.76	0.05%	19.41%	29.07%	4.77%	0.88

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	13.07B	12.11B	13.14B	14.09B	13.08B	12.97B	14.32B	14.71B	17.39B	16.2B
Revenue Growth %	-0.08%	-0.07%	0.09%	0.07%	-0.07%	-0.01%	0.1%	0.03%	0.18%	-0.07%
Cost of Goods Sold+	8.71B	7.81B	8.63B	9.31B	8.97B	8.79B	9.89B	10.22B	11.53B	10.76B
COGS % of Revenue	0.67%	0.65%	0.66%	0.66%	0.69%	0.68%	0.69%	0.7%	0.66%	0.66%
Gross Profit+	4.36B	4.3B	4.51B	4.78B	4.11B	4.18B	4.43B	4.49B	5.86B	5.44B
Gross Margin %	0.33%	0.35%	0.34%	0.34%	0.31%	0.32%	0.31%	0.3%	0.34%	0.34%
Gross Profit Growth %	-0.04%	-0.02%	0.05%	0.06%	-0.14%	0.02%	0.06%	0.01%	0.31%	-0.07%
Operating Expenses+	2.82B	2.59B	2.85B	3.09B	2.78B	2.84B	2.72B	3.61B	4.01B	3.62B
OpEx % of Revenue	0.22%	0.21%	0.22%	0.22%	0.21%	0.22%	0.19%	0.25%	0.23%	0.22%
Selling, General & Admin	2.82B	2.59B	2.85B	3.09B	2.74B	2.84B	2.68B	1.19B	1.39B	1.48B
SG&A % of Revenue	0.22%	0.21%	0.22%	0.22%	0.21%	0.22%	0.19%	0.08%	0.08%	0.09%
Research & Development	0	0	0	0	37.87M	775.52M	43.83M	0	0	0
R&D % of Revenue	-	-	-	-	0%	0.06%	0%	-	-	-
Other Operating Expenses	0	0	0	0	0	4M	0	2.42B	2.62B	2.14B
Operating Income+	1.37B	1.62B	1.46B	1.39B	1.33B	-436M	1.71B	873M	1.85B	1.82B
Operating Margin %	0.11%	0.13%	0.11%	0.1%	0.1%	-0.03%	0.12%	0.06%	0.11%	0.11%
Operating Income Growth %	0.19%	0.18%	-0.1%	-0.05%	-0.05%	-1.33%	4.93%	-0.49%	1.12%	-0.02%
EBITDA+	2.26B	2.4B	2.28B	2.21B	2.37B	669M	2.83B	1.95B	3.08B	3.07B
EBITDA Margin %	0.17%	0.2%	0.17%	0.16%	0.18%	0.05%	0.2%	0.13%	0.18%	0.19%
EBITDA Growth %	0.06%	0.06%	-0.05%	-0.03%	0.07%	-0.72%	3.23%	-0.31%	0.58%	-0%
D&A (Non-Cash Add-back)	890.34M	779.36M	814.26M	817.67M	1.04B	1.1B	1.12B	1.07B	1.23B	1.25B
EBIT	1.35B	1.89B	1.75B	1.44B	911.82M	-510M	1.55B	1.1B	2.02B	1.57B
Net Interest Income+	-1.23B	-1.07B	-1B	-704M	-752M	-757M	-636M	-374M	-577M	-577M
Interest Income	20.28M	20.13M	17.88M	18M	21M	20M	22M	27M	40M	18M
Interest Expense	1.25B	1.04B	1.02B	722M	711M	777M	658M	401M	575M	595M
Other Income/Expense	-1.18B	-788.28M	-869M	-690M	-1.08B	-839M	-762.12M	-303M	-400M	-841M
Pretax Income+	199.31M	833.99M	695.47M	789.23M	252.12M	-1.27B	950.41M	570M	1.45B	980M
Pretax Margin %	0.02%	0.07%	0.05%	0.06%	0.02%	-0.1%	0.07%	0.04%	0.08%	0.06%
Income Tax+	131.79M	149.43M	26.48M	227.29M	161.44M	52M	136.48M	168M	1.25B	67M
Effective Tax Rate %	0.35%	0.81%	1.11%	0.67%	0.35%	1.15%	0.79%	1.51%	0.13%	0.96%
Net Income+	69.54M	677.32M	775M	532.58M	87.69M	-1.47B	754.15M	858M	182M	939M
Net Margin %	0.01%	0.06%	0.06%	0.04%	0.01%	-0.11%	0.05%	0.06%	0.01%	0.06%
Net Income Growth %	1.15%	8.74%	0.14%	-0.31%	-0.84%	-17.73%	1.51%	0.14%	-0.79%	4.16%
Net Income (Continuing)	63.46M	699.43M	645M	493M	90.68M	-1.35B	813.92M	402M	199M	913M
Discontinued Operations	0	0	0	9.85B	32.89M	0	-34.87M	483M	0	47M
Minority Interest	735.79M	964.78M	1.58B	1.57B	1.5B	877M	444M	408M	352M	301M
EPS (Diluted)+	0.05	0.46	0.52	0.33	0.09	-0.98	0.50	0.58	0.12	0.61
EPS Growth %	1.17%	8.58%	0.13%	-0.37%	-0.72%	-11.77%	1.51%	0.16%	-0.79%	4.08%
EPS (Basic)	0.05	0.46	0.52	0.35	0.10	-1.00	0.51	0.59	0.12	0.58
Diluted Shares Outstanding	1.63B	1.65B	1.61B	1.6B	1.58B	1.5B	1.5B	1.48B	1.47B	1.47B
Basic Shares Outstanding	1.46B	1.49B	1.52B	1.54B	1.51B	1.47B	1.47B	1.48B	1.47B	1.55B
Dividend Payout Ratio	-	-	-	-	2.04%	-	0.03%	0.06%	0.66%	0.1%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	4.27B	4.29B	3.65B	3.42B	4.58B	4.24B	4.22B	4.53B	5B	5.02B
Cash & Short-Term Investments	893.28M	563.84M	702.31M	309M	788M	950M	613M	495M	624M	864M
Cash Only	884.71M	563.84M	702.31M	309M	788M	950M	613M	495M	624M	864M
Short-Term Investments	8.57M	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.88B	1.72B	1.82B	1.8B	1.85B	2.01B	1.68B	1.84B	2.4B	1.8B
Days Sales Outstanding	52.45	51.79	50.47	46.64	51.5	56.57	42.88	45.77	50.27	40.62
Inventory	1.03B	878.48M	963.53M	1.08B	989M	1.09B	1.39B	1.78B	1.79B	1.49B
Days Inventory Outstanding	43	41.04	40.74	42.38	40.23	45.17	51.36	63.67	56.65	50.37
Other Current Assets	312.14M	1.13B	169.89M	231M	956M	187M	537M	404M	-275M	370M
Total Non-Current Assets+	27.13B	24.82B	25.36B	25.76B	24.78B	23.83B	23.47B	22.96B	23.43B	22.28B
Property, Plant & Equipment	12.4B	11.17B	11.87B	12.5B	11.88B	11.41B	11.32B	11.28B	12.51B	11.24B
Fixed Asset Turnover	1.05x	1.08x	1.11x	1.13x	1.10x	1.14x	1.27x	1.30x	1.39x	1.44x
Goodwill	10.64B	10.01B	9.99B	9.91B	9.56B	8.51B	7.98B	7.54B	7.67B	7.44B
Intangible Assets	2.12B	2B	2.02B	2.02B	2.03B	1.75B	1.78B	1.75B	1.82B	1.92B
Long-Term Investments	1.08B	852.17M	710.54M	688M	668M	785M	743M	875M	733M	758M
Other Non-Current Assets	0	0	21.88M	19M	17M	0	35M	58M	336M	251M
Total Assets+	31.4B	29.11B	29.01B	29.18B	29.36B	28.07B	27.7B	27.49B	28.43B	27.3B
Asset Turnover	0.42x	0.42x	0.45x	0.48x	0.45x	0.46x	0.52x	0.53x	0.61x	0.59x
Asset Growth %	-0.1%	-0.07%	-0%	0.01%	0.01%	-0.04%	-0.01%	-0.01%	0.03%	-0.04%
Total Current Liabilities+	4.2B	3.98B	5.74B	4.79B	5.41B	5.35B	5.38B	5.55B	6.79B	6.09B
Accounts Payable	1.66B	1.96B	2.37B	2.54B	2.53B	2.57B	2.76B	2.97B	3.11B	3.09B
Days Payables Outstanding	69.68	91.47	100.34	99.47	102.74	106.75	101.92	105.92	98.45	104.81
Short-Term Debt	915.11M	625.2M	1.86B	900M	1.44B	1.06B	940M	987M	703M	847M
Deferred Revenue (Current)	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	1.24B	967.5M	1.01B	912M	996M	1.08B	984M	932M	492M	465M
Current Ratio	1.02x	1.08x	0.64x	0.71x	0.85x	0.79x	0.79x	0.82x	0.74x	0.82x
Quick Ratio	0.77x	0.86x	0.47x	0.49x	0.66x	0.59x	0.53x	0.49x	0.47x	0.58x
Cash Conversion Cycle	25.77	1.36	-9.13	-10.45	-11.02	-5.01	-7.67	3.52	8.48	-13.82
Total Non-Current Liabilities+	18.43B	16.25B	12.7B	13.51B	13.15B	13.77B	12.04B	11.04B	9.53B	8.73B
Long-Term Debt	15.24B	13.28B	9.75B	9.96B	9.33B	9.16B	7.31B	6.92B	6.2B	5.34B
Capital Lease Obligations	85.81M	62.67M	127.93M	1.08B	1.04B	967M	911M	918M	986M	902M
Deferred Tax Liabilities	1.18B	951.39M	807.6M	748M	720M	1.3B	1.53B	1.44B	443M	548M
Other Non-Current Liabilities	1.92B	1.96B	2.01B	1.73B	2.06B	2.34B	2.3B	1.76B	1.9B	1.92B
Total Liabilities	22.63B	20.23B	18.44B	18.3B	18.56B	19.12B	17.43B	16.58B	16.32B	14.82B
Total Debt+	16.24B	13.97B	11.74B	11.93B	11.81B	11.19B	9.16B	8.82B	8.16B	7.36B
Net Debt	15.36B	13.4B	11.03B	11.63B	11.03B	10.23B	8.54B	8.33B	7.54B	6.49B
Debt / Equity	1.85x	1.57x	1.11x	1.10x	1.09x	1.25x	0.89x	0.81x	0.67x	0.59x
Debt / EBITDA	7.18x	5.81x	5.15x	5.40x	4.99x	16.72x	3.24x	4.54x	2.65x	2.40x
Net Debt / EBITDA	6.78x	5.58x	4.84x	5.26x	4.65x	15.30x	3.02x	4.28x	2.45x	2.11x
Interest Coverage	1.10x	1.57x	1.43x	1.93x	1.87x	-0.56x	2.60x	2.18x	3.22x	3.06x
Total Equity+	8.77B	8.88B	10.58B	10.88B	10.8B	8.95B	10.27B	10.91B	12.12B	12.48B
Equity Growth %	-0.05%	0.01%	0.19%	0.03%	-0.01%	-0.17%	0.15%	0.06%	0.11%	0.03%
Book Value per Share	5.37	5.39	6.55	6.80	6.85	5.99	6.87	7.38	8.24	8.49
Total Shareholders' Equity	8.03B	7.91B	9B	9.3B	9.3B	8.07B	9.83B	10.5B	11.76B	12.18B
Common Stock	240.75M	202.02M	213.18M	318M	318M	318M	318M	318M	318M	318M
Retained Earnings	392.45M	759.41M	1.09B	1.62B	1.62B	2.63B	3.39B	4.25B	4.43B	5.25B
Treasury Stock	-10.36M	-15.87M	-15.38M	-85M	-58M	-94M	-14M	-116M	0	0
Accumulated OCI	723.46M	988.23M	529.35M	-2.56B	-2.69B	-2.36B	-1.36B	-1.44B	-363M	-770M
Minority Interest	735.79M	964.78M	1.58B	1.57B	1.5B	877M	444M	408M	352M	301M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	1.11B	1.89B	1.58B	1.35B	1.35B	1.59B	1.84B	1.37B	2.22B	1.89B
Operating CF Margin %	0.08%	0.16%	0.12%	0.1%	0.1%	0.12%	0.13%	0.09%	0.13%	0.12%
Operating CF Growth %	0.36%	0.71%	-0.16%	-0.15%	0%	0.18%	0.15%	-0.25%	0.62%	-0.15%
Net Income	67.52M	684.56M	668.99M	561.94M	143M	-1.47B	789.02M	858M	182M	939M
Depreciation & Amortization	890.34M	779.36M	814.26M	817.67M	1.04B	1.1B	1.12B	1.07B	1.19B	1.25B
Stock-Based Compensation	0	0	0	0	32M	29M	0	52M	61M	0
Deferred Taxes	131.79M	149.43M	26.48M	227.29M	0	0	-34.87M	0	0	0
Other Non-Cash Items	-189M	-259.62M	-335.08M	636.08M	2M	1.75B	108.59M	66M	552M	-526M
Working Capital Changes	205.04M	532.04M	409.37M	-54.04M	139M	179M	-142.46M	-680M	237M	231M
Change in Receivables	-195.95M	-210.1M	76.12M	10.53M	-8M	25M	73.72M	-208M	-27M	11M
Change in Inventory	-75.22M	-56.66M	26.78M	-151.12M	96M	24M	-339.72M	-464M	68M	196M
Change in Payables	417.38M	657.34M	185.08M	238.13M	0	0	288.91M	0	0	159M
Cash from Investing+	-461.91M	-260.64M	591.09M	-798.19M	-262M	87M	-717.29M	-640M	-1.32B	-328M
Capital Expenditures	-566.31M	-286.07M	-629.33M	-776.36M	-651M	-538M	-974.31M	-755M	-865M	-1.3B
CapEx % of Revenue	0.04%	0.02%	0.05%	0.06%	0.05%	0.04%	0.07%	0.05%	0.05%	0.08%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	8.25B	-329.37M	10.13B	2.65M	389M	625M	580.8M	115M	-457M	968M
Cash from Financing+	-721.9M	-1.91B	-2.17B	-994.34M	-604M	-1.52B	-1.4B	-961M	-701M	-1.25B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	-179M	-24M	-23.91M	-51M	-120M	-233M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-57.56M	68.83M	-334M	-668M	-93M	-93M	-149.43M	-16M	-296M	-91M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	539.38M	1.6B	954.68M	574.31M	704M	1.06B	1.06B	613M	1.36B	598M
FCF Margin %	0.04%	0.13%	0.07%	0.04%	0.05%	0.08%	0.07%	0.04%	0.08%	0.04%
FCF Growth %	0.6%	1.97%	-0.4%	-0.4%	0.23%	0.5%	0.01%	-0.42%	1.21%	-0.56%
FCF per Share	0.33	0.97	0.59	0.36	0.45	0.71	0.71	0.41	0.92	0.41
FCF Conversion (FCF/Net Income)	15.90x	2.78x	2.04x	2.54x	15.45x	-1.09x	2.43x	1.59x	12.21x	2.02x
Interest Paid	0	0	0	0	665M	679M	0	493M	549M	621M
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	0.77%	7.68%	7.97%	4.96%	0.81%	-14.85%	7.85%	8.1%	1.58%	7.64%
Return on Invested Capital (ROIC)	4.13%	5.24%	5%	4.73%	4.5%	-1.59%	6.76%	3.44%	7.13%	7.07%
Gross Margin	33.39%	35.48%	34.32%	33.91%	31.42%	32.22%	30.95%	30.5%	33.71%	33.57%
Net Margin	0.53%	5.59%	5.9%	3.78%	0.67%	-11.31%	5.26%	5.83%	1.05%	5.8%
Debt / Equity	1.85x	1.57x	1.11x	1.10x	1.09x	1.25x	0.89x	0.81x	0.67x	0.59x
Interest Coverage	1.10x	1.57x	1.43x	1.93x	1.87x	-0.56x	2.60x	2.18x	3.22x	3.06x
FCF Conversion	15.90x	2.78x	2.04x	2.54x	15.45x	-1.09x	2.43x	1.59x	12.21x	2.02x
Revenue Growth	-8.31%	-7.35%	8.53%	7.18%	-7.12%	-0.87%	10.45%	2.66%	18.24%	-6.83%

Revenue by Geography

	2017	2018	2019	2020	2021	2022
ISRAEL	-	-	-	-	785M	840M
ISRAEL Growth	-	-	-	-	-	7.01%
FRANCE	16.16B	-	869M	795M	863M	781M
FRANCE Growth	-	-	-	-8.52%	8.55%	-9.50%
COLOMBIA	10.69B	10.09B	504M	404M	437M	429M
COLOMBIA Growth	-	-5.59%	-95.00%	-19.84%	8.17%	-1.83%
PHILIPPINES	8.3B	8.61B	458M	398M	424M	379M
PHILIPPINES Growth	-	3.81%	-94.68%	-13.10%	6.53%	-10.61%
UNITED STATES	65.54B	72.34B	3.78B	-	-	-
UNITED STATES Growth	-	10.39%	-94.78%	-	-	-
GERMANY	-	-	464M	-	-	-
GERMANY Growth	-	-	-	-	-	-
EGYPT	3.86B	4.59B	-	-	-	-
EGYPT Growth	-	18.75%	-	-	-	-

Frequently Asked Questions

Valuation & Price

CEMEX, S.A.B. de C.V. (CX) has a price-to-earnings (P/E) ratio of 20.2x. This is roughly in line with market averages.

Growth & Financials

CEMEX, S.A.B. de C.V. (CX) reported $15.84B in revenue for fiscal year 2024. This represents a 17% increase from $13.57B in 2011.

CEMEX, S.A.B. de C.V. (CX) saw revenue decline by 6.8% over the past year.

Yes, CEMEX, S.A.B. de C.V. (CX) is profitable, generating $1.36B in net income for fiscal year 2024 (5.8% net margin).

Dividend & Returns

Yes, CEMEX, S.A.B. de C.V. (CX) pays a dividend with a yield of 0.50%. This makes it attractive for income-focused investors.

CEMEX, S.A.B. de C.V. (CX) has a return on equity (ROE) of 7.6%. This is below average, suggesting room for improvement.

CEMEX, S.A.B. de C.V. (CX) generated $1.00B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.