CEMEX SAB de CV (CX)

CEMEX, S.A.B. de C.V., together with its subsidiaries, engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide. It offers gray ordinary portland, white portland, and blended cement products; masonry or mortar products; standard ready-mix, architectural and decorative, rapid-setting, fiber-reinforced, fluid-fill, roller-compacted, self-consolidating, pervious, and antibacterial, and other concrete products; aggregate products, including crushed stone and manufactured sand, gravel, sand, and recycled concrete; and vertua products. The company also provides urbanization solutions for construction chemicals, mortars, concrete products, and asphalt businesses, as well as municipal and industrial waste management solutions; and construction, demolition, and excavation waste solutions. CEMEX, S.A.B. de C.V. was founded in 1906 and is based in San Pedro Garza García, Mexico.

Symbol: CX
Exchange: NYSE
Sector: Basic Materials
Industry: Building Materials
Market cap: $14.16B
52 week range: 8.73 - 13.67

Valuation

Share price: $9.76 (close of 2026-09-23)
P/E (TTM): 44.98x
Price to book: 1.13x
Price to free cash flow: 15.84x
Enterprise value: $20.00B
Book value per share: $8.60

Price performance

Period	Change
1 day	-2.59%
5 days	-4.22%
1 month	-12.15%
3 months	-19.74%
6 months	-8.18%
Year to date	-15.06%
1 year	+6.78%
3 years	+46.11%
5 years	+30.13%
10 years	+31.36%
All time	+12.57%

Profitability and growth

Return on equity: 7.53%
Return on invested capital: 9.58%
Return on assets: 3.44%
Return on capital employed: 8.59%
Gross margin: 33.57%
Net margin: 5.80%
EBITDA margin: 18.96%
Revenue growth: -2.14%
Net income growth: 415.93%
Free cash flow growth: -34.12%

Cash flow and balance sheet

Free cash flow yield (TTM): 6.31%
Current ratio: 0.82x
Net debt to EBITDA: 2.08x

Latest reported year

Period end: 2024-12-31
Fiscal year: 2024
Revenue: $16.20B
Cost of revenue: $10.76B
Gross profit: $5.44B
EBITDA: $3.07B
Net income: $939.00M
Earnings per share: $0.22
Shares outstanding: 4.34B

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2024-12-31	$16.20B	$5.44B	$939.00M	$0.22
2023-12-31	$16.55B	$5.58B	$182.00M	$0.04
2022-12-31	$14.71B	$4.49B	$858.00M	$0.20
2021-12-31	$14.38B	$4.64B	$753.00M	$0.17
2020-12-31	$12.67B	$4.08B	$-1.47B	$-0.33
2019-12-31	$12.96B	$4.25B	$143.00M	$0.03
2018-12-31	$13.53B	$4.68B	$528.00M	$0.11
2017-12-31	$12.93B	$4.56B	$792.00M	$0.17

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2024-12-31	33.57%	5.80%	7.53%	9.58%
2023-12-31	33.68%	1.10%	1.50%	4.61%
2022-12-31	30.50%	5.83%	7.87%	3.66%
2021-12-31	32.24%	5.24%	7.33%	8.81%
2020-12-31	32.23%	-11.58%	-16.39%	-2.73%
2019-12-31	32.76%	1.10%	1.32%	4.17%
2018-12-31	34.60%	3.90%	4.77%	5.91%
2017-12-31	35.29%	6.13%	7.47%	7.65%

Cash and debt by year

Period end	Cash	Debt
2024-12-31	$864.00M	$5.34B
2023-12-31	$624.00M	$6.20B
2022-12-31	$495.00M	$6.92B
2021-12-31	$613.00M	$7.31B
2020-12-31	$950.00M	$9.16B
2019-12-31	$788.00M	$9.30B
2018-12-31	$309.00M	$9.27B
2018-01-01	$699.00M	$9.01B