CEMEX, S.A.B. de C.V. (CX) Financial Ratios
30 years of historical data (1996–2025) · Basic Materials · Construction Materials
EV/EBITDA
↓
2.64
↓-52% vs avg
5yr avg: 5.54
30Y Low2.6·High28.3
P/FCF
↓
1.83
↓-79% vs avg
5yr avg: 8.64
30Y Low1.6·High43.8
P/B Ratio
↓
0.14
↓-79% vs avg
5yr avg: 0.65
30Y Low0.1·High1.8
ROE
↓
7.4%
↓+13% vs avg
5yr avg: 6.5%
30Y Low-15%·High23%
Debt/EBITDA
↓
2.63
↓-15% vs avg
5yr avg: 3.11
30Y Low1.8·High17.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
CEMEX, S.A.B. de C.V. trades at 1.9x earnings, 90% below its 5-year average of 19.2x, sitting at the 5th percentile of its historical range. Compared to the Basic Materials sector median P/E of 23.6x, the stock trades at a discount of 92%. On a free-cash-flow basis, the stock trades at 1.8x P/FCF, 79% below the 5-year average of 8.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.8B | $1.7B | $8.3B | $11.4B | $6.0B | $10.1B | $7.7B | $6.0B | $7.7B | $12.1B | $12.7B |
| Enterprise Value | $7.7B | $7.5B | $14.8B | $18.9B | $14.3B | $18.7B | $18.0B | $17.0B | $19.3B | $23.1B | $26.1B |
| P/E Ratio → | 1.93 | 1.74 | 9.25 | 64.58 | 6.98 | 13.56 | — | 41.54 | 14.61 | 14.42 | 16.78 |
| P/S Ratio | 0.11 | 0.10 | 0.51 | 0.69 | 0.41 | 0.71 | 0.61 | 0.46 | 0.55 | 0.92 | 1.05 |
| P/B Ratio | 0.14 | 0.12 | 0.66 | 0.94 | 0.55 | 0.99 | 0.86 | 0.55 | 0.71 | 1.14 | 1.43 |
| P/FCF | 1.83 | 1.65 | 13.85 | 8.40 | 9.77 | 9.54 | 7.32 | 8.47 | 13.43 | 12.68 | 7.95 |
| P/OCF | 0.89 | 0.81 | 4.37 | 5.13 | 4.38 | 5.52 | 4.85 | 4.40 | 5.71 | 7.64 | 6.74 |
P/E links to full P/E history page with 30-year chart
CX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
CEMEX, S.A.B. de C.V.'s enterprise value stands at 2.6x EBITDA, 52% below its 5-year average of 5.5x. The Basic Materials sector median is 11.0x, placing the stock at a 76% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.46 | 0.91 | 1.14 | 0.97 | 1.30 | 1.42 | 1.30 | 1.37 | 1.76 | 2.16 |
| EV / EBITDA | 2.64 | 2.58 | 4.81 | 6.35 | 7.36 | 6.60 | 28.34 | 7.17 | 8.75 | 10.16 | 10.87 |
| EV / EBIT | 4.76 | 6.01 | 9.38 | 9.93 | 12.98 | 12.04 | — | 18.63 | 13.44 | 13.25 | 13.84 |
| EV / FCF | — | 7.42 | 24.71 | 13.95 | 23.36 | 17.57 | 17.01 | 24.13 | 33.67 | 24.24 | 16.33 |
CX Profitability
Margins and return-on-capital ratios measuring operating efficiency
CEMEX, S.A.B. de C.V. earns an operating margin of 10.0%, roughly in line with the Basic Materials sector average. ROE of 7.4% is modest. ROIC of 6.3% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 31.4% | 31.4% | 33.6% | 33.1% | 30.5% | 30.9% | 32.2% | 31.4% | 33.9% | 34.3% | 35.5% |
| Operating Margin | 10.0% | 10.0% | 11.2% | 10.6% | 5.9% | 12.0% | -3.7% | 10.2% | 9.9% | 11.1% | 13.4% |
| Net Profit Margin | 6.0% | 6.0% | 5.8% | 1.1% | 5.8% | 5.3% | -11.6% | 0.7% | 3.8% | 5.9% | 5.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.4% | 7.4% | 7.6% | 1.6% | 8.1% | 7.8% | -14.9% | 0.8% | 5.0% | 8.0% | 7.7% |
| ROA | 3.4% | 3.4% | 3.4% | 0.7% | 3.1% | 2.7% | -5.1% | 0.3% | 1.8% | 2.7% | 2.2% |
| ROIC | 6.3% | 6.3% | 7.1% | 6.7% | 3.4% | 6.8% | -1.7% | 4.5% | 4.7% | 5.0% | 5.2% |
| ROCE | 7.5% | 7.5% | 8.5% | 8.0% | 3.9% | 7.6% | -2.0% | 5.5% | 5.8% | 6.0% | 6.2% |
CX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
CEMEX, S.A.B. de C.V. carries a Debt/EBITDA ratio of 2.6x, which is moderately leveraged (8% above the sector average of 2.4x). Net debt stands at $5.8B ($7.6B total debt minus $1.8B cash). Interest coverage of just 2.3x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.56 | 0.56 | 0.59 | 0.67 | 0.81 | 0.89 | 1.25 | 1.09 | 1.10 | 1.11 | 1.57 |
| Debt / EBITDA | 2.63 | 2.63 | 2.40 | 2.74 | 4.54 | 3.24 | 17.64 | 4.99 | 5.40 | 5.15 | 5.81 |
| Net Debt / Equity | — | 0.43 | 0.52 | 0.62 | 0.76 | 0.83 | 1.14 | 1.02 | 1.07 | 1.04 | 1.51 |
| Net Debt / EBITDA | 2.00 | 2.00 | 2.11 | 2.53 | 4.28 | 3.02 | 16.14 | 4.65 | 5.26 | 4.84 | 5.58 |
| Debt / FCF | — | 5.77 | 10.86 | 5.56 | 13.59 | 8.04 | 9.69 | 15.66 | 20.24 | 11.56 | 8.38 |
| Interest Coverage | 2.29 | 2.29 | 2.65 | 3.51 | 2.75 | 2.36 | -0.66 | 1.29 | 1.99 | 1.71 | 1.82 |
CX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.83x is below 1.0, meaning current liabilities exceed current assets — though the company's $1.8B cash position helps mitigate short-term liquidity concerns. The current ratio has improved from 0.74x to 0.83x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.83 | 0.83 | 0.82 | 0.74 | 0.82 | 0.79 | 0.79 | 0.85 | 0.71 | 0.64 | 1.08 |
| Quick Ratio | 0.62 | 0.62 | 0.58 | 0.47 | 0.49 | 0.53 | 0.59 | 0.66 | 0.49 | 0.47 | 0.86 |
| Cash Ratio | 0.25 | 0.25 | 0.14 | 0.09 | 0.09 | 0.11 | 0.18 | 0.15 | 0.06 | 0.12 | 0.14 |
| Asset Turnover | — | 0.56 | 0.59 | 0.58 | 0.53 | 0.52 | 0.45 | 0.45 | 0.48 | 0.45 | 0.42 |
| Inventory Turnover | 7.29 | 7.29 | 7.25 | 6.44 | 5.73 | 7.11 | 7.89 | 9.07 | 8.61 | 8.96 | 8.89 |
| Days Sales Outstanding | — | 57.66 | 40.62 | 52.81 | 45.77 | 42.88 | 57.91 | 51.50 | 46.64 | 50.47 | 51.79 |
CX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
CEMEX, S.A.B. de C.V. returns 6.9% to shareholders annually primarily through dividends. The payout ratio of 13.3% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 51.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 6.9% | 7.7% | 1.1% | 1.1% | 0.9% | 0.2% | 0.3% | 3.0% | — | — | — |
| Payout Ratio | 13.3% | 13.3% | 9.6% | 65.9% | 5.9% | 3.2% | — | 204.1% | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 51.8% | 57.4% | 10.8% | 1.5% | 14.3% | 7.4% | — | 2.4% | 6.8% | 6.9% | 6.0% |
| FCF Yield | 54.8% | 60.7% | 7.2% | 11.9% | 10.2% | 10.5% | 13.7% | 11.8% | 7.4% | 7.9% | 12.6% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 1.9% | 0.0% | 1.1% | 0.8% | 1.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 6.9% | 7.7% | 1.1% | 1.1% | 2.7% | 0.2% | 1.4% | 3.8% | 1.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $145M | $1.5B | $1.5B | $1.5B | $1.5B | $1.5B | $1.6B | $1.6B | $1.6B | $1.6B |
Peer Comparison
Compare CX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CXYou | $2B | 1.9 | 2.6 | 1.8 | 31.4% | 10.0% | 7.4% | 6.3% | 2.6 |
 MLM | $37B | 32.4 | 19.5 | 37.6 | 30.0% | 23.3% | 11.7% | 7.6% | 2.5 |
 VMC | $39B | 37.3 | 19.1 | 34.6 | 27.3% | 20.1% | 13.0% | 8.8% | 2.3 |
 EXP | $7B | 17.1 | 14.1 | 35.2 | 28.3% | 24.3% | 28.9% | 14.8% | 3.0 |
 CRH | $74B | 20.2 | 12.0 | 29.5 | 36.1% | 14.2% | 15.7% | 10.7% | 2.6 |
 FYBR | $10B | -29.6 | 10.5 | — | 64.5% | 5.9% | -6.3% | 1.7% | 6.1 |
 BCPC | $5B | 34.9 | 20.6 | 30.7 | 35.7% | 21.1% | 12.9% | 12.2% | 0.7 |
 USLM | $3B | 24.3 | 15.8 | 31.8 | 48.8% | 42.4% | 23.8% | 48.5% | 0.0 |
 CAT | $459B | 52.4 | 36.5 | 44.6 | 32.3% | 16.6% | 43.5% | 15.9% | 3.2 |
 DE | $159B | 31.9 | 20.2 | 49.2 | 36.5% | 18.8% | 20.5% | 7.8% | 6.0 |
 URI | $67B | 27.9 | 11.8 | 101.9 | 35.4% | 24.7% | 28.4% | 12.4% | 2.3 |
| Basic Materials Median | — | 23.6 | 11.0 | 29.0 | 30.9% | 10.3% | -0.0% | 4.6% | 2.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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CX — Frequently Asked Questions
Quick answers to the most common questions about buying CX stock.
What is CEMEX, S.A.B. de C.V.'s P/E ratio?
CEMEX, S.A.B. de C.V.'s current P/E ratio is 1.9x. The historical average is 23.4x. This places it at the 5th percentile of its historical range.
What is CEMEX, S.A.B. de C.V.'s EV/EBITDA?
CEMEX, S.A.B. de C.V.'s current EV/EBITDA is 2.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.7x.
What is CEMEX, S.A.B. de C.V.'s ROE?
CEMEX, S.A.B. de C.V.'s return on equity (ROE) is 7.4%. The historical average is 6.5%.
Is CX stock overvalued?
Based on historical data, CEMEX, S.A.B. de C.V. is trading at a P/E of 1.9x. This is at the 5th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is CEMEX, S.A.B. de C.V.'s dividend yield?
CEMEX, S.A.B. de C.V.'s current dividend yield is 6.93% with a payout ratio of 13.3%.
What are CEMEX, S.A.B. de C.V.'s profit margins?
CEMEX, S.A.B. de C.V. has 31.4% gross margin and 10.0% operating margin.
How much debt does CEMEX, S.A.B. de C.V. have?
CEMEX, S.A.B. de C.V.'s Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.