What is Cemex's earnings per share (EPS)?

Cemex (CX) reported diluted earnings per share of $0.01 for fiscal year 2025. This represents a -55.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Cemex Financials

Source SEC Filings (10-K/10-Q) Updated Apr 24, 2026 Currency USD FYE April

This page shows Cemex (CX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CX FY2024 2026-04-24

Steady operating cash flow is being used to delever the balance sheet, but sub-1.0x liquidity still limits short-term flexibility for this capital-heavy business.

FY2024’s profit rebound looks like earnings normalization, not a demand step-change: revenue edged down, yet net income recovered to $960M from $199M. That reading is reinforced by operating cash flow, which remained robust at $2.2B and $1.9B in FY2023-FY2024, implying the prior year’s weak profit reflected below-the-line pressure more than a collapse in underlying cash generation.

Across FY2021-FY2024, long-term debt fell from $7.4B to $5.5B. The parallel drop in debt-to-equity from 0.7x to 0.4x, alongside consistently negative financing cash flow, shows cash generation has been used to strengthen the balance sheet rather than sit idle, lowering dependence on borrowed capital.

The balance sheet is stronger on solvency than on day-to-day liquidity: the current ratio remained below 1.0x in every year and was 0.8x in FY2024, so short-term obligations still outrun current assets. At the same time, capital intensity is meaningful—FY2024 capital spending of $1.0B absorbed more than half of operating cash flow, which is why solid cash generation translated into only $894M of free cash flow.

Financial Health Signals

Financial Profile 35/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Cemex's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Cemex's revenue declined 0.4% year-over-year, from $16.2B to $16.1B. This contraction results in a growth score of 31/100.

Leverage

100

Cemex carries a low D/E ratio of 0.10, meaning only $0.10 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Cemex's current ratio of 0.83 is below the typical benchmark, resulting in a score of 11/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Cemex has a free cash flow margin of 6.4%, earning a moderate score of 41/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Cemex generates a 7.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 25/100. This is down from 7.7% the prior year.

Piotroski F-Score Neutral

6/9

Cemex passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2.04x

For every $1 of reported earnings, Cemex generates $2.04 in operating cash flow ($2.0B OCF vs $970.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$16.1B

YoY-0.4%

5Y CAGR+5.0%

Cemex generated $16.1B in revenue in fiscal year 2025. This represents a decrease of 0.4% from the prior year.

EBITDA

N/A

Net Income

$970.0M

YoY+1.0%

Cemex reported $970.0M in net income in fiscal year 2025. This represents an increase of 1.0% from the prior year.

EPS (Diluted)

$0.01

YoY-55.4%

Cemex earned $0.01 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 55.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$1.0B

YoY+15.0%

5Y CAGR-0.5%

Cemex generated $1.0B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 15.0% from the prior year.

Cash & Debt

$1.8B

YoY+110.9%

5Y CAGR+13.9%

Cemex held $1.8B in cash against $1.4B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

14.51B

YoY+0.0%

5Y CAGR-0.3%

Cemex had 14.51B shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

6.0%

YoY+0.1pp

5Y CAGR+17.4pp

Cemex's net profit margin was 6.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.1 percentage points from the prior year.

Return on Equity

7.1%

YoY-0.6pp

5Y CAGR+23.3pp

Cemex's ROE was 7.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.6 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$947.0M

YoY-5.3%

5Y CAGR+12.0%

Cemex invested $947.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 5.3% from the prior year.

CX Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$16.1B-0.4%	$16.2B-2.1%	$16.6B+12.6%	$14.7B+2.3%	$14.4B+13.5%	$12.7B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$72.0M-2.7%	$74.0M+5.7%	$70.0M+12.9%	$62.0M-7.5%	$67.0M-9.5%	$74.0M
Income Tax	$385.0M+474.6%	$67.0M-94.4%	$1.2B+616.7%	$168.0M+22.6%	$137.0M+280.6%	$36.0M
Net Income	$970.0M+1.0%	$960.0M+382.4%	$199.0M-77.5%	$885.0M+13.8%	$778.0M+153.8%	-$1.4B
EPS (Diluted)	$0.01-55.4%	$0.02+778.3%	$0.00-72.9%	$0.01-52.0%	$0.02+157.3%	$-0.03

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q3'19	Q3'18
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CX Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$28.9B+6.0%	$27.3B-4.0%	$28.4B+7.5%	$26.4B-0.8%	$26.6B-2.8%	$27.4B
Current Assets	$6.1B+21.6%	$5.0B+0.2%	$5.0B+10.6%	$4.5B+7.1%	$4.2B-0.2%	$4.2B
Cash & Equivalents	$1.8B+110.9%	$864.0M+38.5%	$624.0M+26.1%	$495.0M-19.2%	$613.0M-35.5%	$950.0M
Inventory	$1.5B+2.8%	$1.5B-17.0%	$1.8B+7.2%	$1.7B+32.4%	$1.3B+29.9%	$971.0M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$7.2B-3.6%	$7.4B-3.0%	$7.7B+1.8%	$7.5B-5.6%	$8.0B-6.1%	$8.5B
Total Liabilities	$15.3B+3.3%	$14.8B-9.2%	$16.3B+5.0%	$15.5B-5.1%	$16.4B-11.3%	$18.5B
Current Liabilities	$7.3B+20.6%	$6.1B-10.2%	$6.8B+22.4%	$5.5B+3.1%	$5.4B+0.5%	$5.4B
Long-Term Debt	$1.4B-75.0%	$5.5B-11.2%	$6.2B-10.7%	$7.0B-5.5%	$7.4B-21.0%	$9.3B
Total Equity	$13.6B+9.3%	$12.5B+3.0%	$12.1B+11.1%	$10.9B+6.2%	$10.3B+14.7%	$9.0B
Retained Earnings	$6.1B+15.8%	$5.2B+18.5%	$4.4B+4.3%	$4.2B+25.3%	$3.4B+28.6%	$2.6B

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q3'19	Q3'18
Total Assets	$27.3B-4.0%	$28.4B+7.5%	$26.4B-0.8%	$26.6B-2.8%	$27.4B-6.6%	$29.4B+0.6%	$29.2B-2.4%	$29.9B
Current Assets	$5.0B+0.2%	$5.0B+10.6%	$4.5B+7.1%	$4.2B-0.2%	$4.2B-7.5%	$4.6B+33.8%	$3.4B-5.9%	$3.6B
Cash & Equivalents	$864.0M+38.5%	$624.0M+26.1%	$495.0M-19.2%	$613.0M-35.5%	$950.0M+20.6%	$788.0M+155.0%	$309.0M-55.8%	$699.0M
Inventory	$1.5B-17.0%	$1.8B+7.2%	$1.7B+32.4%	$1.3B+29.9%	$971.0M-1.8%	$989.0M-8.5%	$1.1B+12.7%	$959.0M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$7.4B-3.0%	$7.7B+1.8%	$7.5B-5.6%	$8.0B-6.1%	$8.5B-11.0%	$9.6B-3.5%	$9.9B-0.4%	$9.9B
Total Liabilities	$14.8B-9.2%	$16.3B+5.0%	$15.5B-5.1%	$16.4B-11.3%	$18.5B-0.4%	$18.5B+2.3%	$18.1B-6.0%	$19.3B
Current Liabilities	$6.1B-10.2%	$6.8B+22.4%	$5.5B+3.1%	$5.4B+0.5%	$5.4B-1.1%	$5.4B+12.8%	$4.8B-18.8%	$5.9B
Long-Term Debt	$5.5B-11.2%	$6.2B-10.7%	$7.0B-5.5%	$7.4B-21.0%	$9.3B-0.3%	$9.4B+0.6%	$9.3B-5.7%	$9.9B
Total Equity	$12.5B+3.0%	$12.1B+11.1%	$10.9B+6.2%	$10.3B+14.7%	$9.0B-17.3%	$10.8B-2.1%	$11.1B+4.3%	$10.6B
Retained Earnings	$5.2B+18.5%	$4.4B+4.3%	$4.2B+25.3%	$3.4B+28.6%	$2.6B+62.6%	$1.6B-0.1%	$1.6B+45.5%	$1.1B

CX Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$2.0B+4.3%	$1.9B-14.8%	$2.2B+62.4%	$1.4B-25.8%	$1.8B+15.6%	$1.6B
Capital Expenditures	$947.0M-5.3%	$1.0B+15.6%	$865.0M+14.6%	$755.0M-2.7%	$776.0M+44.2%	$538.0M
Free Cash Flow	$1.0B+15.0%	$894.0M-34.1%	$1.4B+121.4%	$613.0M-42.5%	$1.1B+1.0%	$1.1B
Investing Cash Flow	-$197.0M+39.9%	-$328.0M+75.2%	-$1.3B-106.6%	-$640.0M-134.4%	-$273.0M-413.8%	$87.0M
Financing Cash Flow	-$796.0M+36.5%	-$1.3B-78.7%	-$701.0M+27.1%	-$961.0M+48.1%	-$1.9B-21.8%	-$1.5B
Dividends Paid	$127.0M+41.1%	$90.0M	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	$111.0M	$0-100.0%	$83.0M

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q3'19	Q3'18
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CX Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	6.0%+0.1pp	5.9%+4.7pp	1.2%-4.8pp	6.0%+0.6pp	5.4%+16.8pp	-11.4%
Return on Equity	7.1%-0.6pp	7.7%+6.0pp	1.6%-6.5pp	8.1%+0.5pp	7.6%+23.7pp	-16.2%
Return on Assets	3.4%-0.2pp	3.5%+2.8pp	0.7%-2.7pp	3.4%+0.4pp	2.9%+8.2pp	-5.3%
Current Ratio	0.830.0	0.82+0.1	0.74-0.1	0.82+0.0	0.790.0	0.79
Debt-to-Equity	0.10-0.3	0.44-0.1	0.51-0.1	0.64-0.1	0.72-0.3	1.04
FCF Margin	6.4%+0.9pp	5.5%-2.7pp	8.2%+4.0pp	4.2%-3.3pp	7.4%-0.9pp	8.3%

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q3'19	Q3'18
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	0.82+0.1	0.74-0.1	0.82+0.0	0.790.0	0.79-0.1	0.85+0.1	0.71+0.1	0.62
Debt-to-Equity	0.44-0.1	0.51-0.1	0.64-0.1	0.72-0.3	1.04+0.2	0.87+0.0	0.84-0.1	0.93
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.83), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Cemex's annual revenue?

Cemex (CX) reported $16.1B in total revenue for fiscal year 2025. This represents a -0.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Cemex's revenue growing?

Cemex (CX) revenue declined by 0.4% year-over-year, from $16.2B to $16.1B in fiscal year 2025.

Is Cemex profitable?

Yes, Cemex (CX) reported a net income of $970.0M in fiscal year 2025, with a net profit margin of 6.0%.

How much debt does Cemex have?

As of fiscal year 2025, Cemex (CX) had $1.8B in cash and equivalents against $1.4B in long-term debt.

What is Cemex's net profit margin?

Cemex (CX) had a net profit margin of 6.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Cemex's return on equity (ROE)?

Cemex (CX) has a return on equity of 7.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Cemex's free cash flow?

Cemex (CX) generated $1.0B in free cash flow during fiscal year 2025. This represents a 15.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Cemex's operating cash flow?

Cemex (CX) generated $2.0B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Cemex's total assets?

Cemex (CX) had $28.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Cemex's capital expenditures?

Cemex (CX) invested $947.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Cemex have outstanding?

Cemex (CX) had 14.51B shares outstanding as of fiscal year 2025.

What is Cemex's current ratio?

Cemex (CX) had a current ratio of 0.83 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Cemex's debt-to-equity ratio?

Cemex (CX) had a debt-to-equity ratio of 0.10 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Cemex's return on assets (ROA)?

Cemex (CX) had a return on assets of 3.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Cemex's Piotroski F-Score?

Cemex (CX) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Cemex's earnings high quality?

Cemex (CX) has an earnings quality ratio of 2.04x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Cemex?

Cemex (CX) scores 35 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.