Cemex SAB de CV Financials
Cemex SAB de CV (CXMSF) reported $16.2B in revenue for fiscal year 2024, down 2.1% from the prior fiscal year. This page shows its 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).
CEMEX’s core mechanic is cash-funded deleveraging: operating cash is paying down debt faster than it is building a cash buffer.
The non-obvious shift is balance-sheet repair: long-term debt fell from$7.4B to$5.5B while revenue has mostly plateaued. Because the company is using cash to retire obligations instead of hoarding it, liquidity still looks thin with a current ratio of 0.8x and cash of$864M ; the balance sheet is improving, but it still depends on steady operating cash rather than a large cash reserve.
Cash conversion was stronger than headline profit suggests: operating cash flow of
FY2023’s profit dip looks more like a below-the-line distortion than an operating collapse, because operating cash flow still reached
Financial Health Signals
Cemex SAB de CV does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Cemex SAB de CV passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Cemex SAB de CV generates $1.97 in operating cash flow ($1.9B OCF vs $960.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Cemex SAB de CV generated $16.2B in revenue in fiscal year 2024. This represents a decrease of 2.1% from the prior year.
Cemex SAB de CV reported $960.0M in net income in fiscal year 2024. This represents an increase of 382.4% from the prior year.
Not reported for fiscal year 2024.
Cash & Balance Sheet
Cemex SAB de CV generated $894.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 34.1% from the prior year.
Cemex SAB de CV held $864.0M in cash against $5.5B in long-term debt as of fiscal year 2024.
Not reported for fiscal year 2024.
Margins & Returns
Cemex SAB de CV's net profit margin was 5.9% in fiscal year 2024, showing the share of revenue converted to profit. This is up 4.7 percentage points from the prior year.
Cemex SAB de CV's ROE was 7.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 6.0 percentage points from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Capital Allocation
Cemex SAB de CV invested $1.0B in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 15.6% from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
CXMSF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.2B-2.1% | $16.6B+12.6% | $14.7B+2.3% | $14.4B+13.5% | $12.7B-2.2% | $13.0B-4.2% | $13.5B+4.7% | $12.9B | N/A |
| Interest Expense | $74.0M+5.7% | $70.0M+12.9% | $62.0M-7.5% | $67.0M-9.5% | $74.0M-3.9% | $77.0M+4.1% | $74.0M+4.2% | $71.0M | N/A |
| Income Tax | $67.0M-94.4% | $1.2B+616.7% | $168.0M+22.6% | $137.0M+280.6% | $36.0M-77.1% | $157.0M-29.9% | $224.0M+1300.0% | $16.0M | N/A |
| Net Income | $960.0M+382.4% | $199.0M-77.5% | $885.0M+13.8% | $778.0M+153.8% | -$1.4B-907.8% | $179.0M-68.6% | $570.0M-34.3% | $867.0M | N/A |
| EPS (Diluted) | $0.02 | $0.00-72.9% | $0.01 | $0.02+157.3% | -$0.03 | $0.00 | $0.01-21.6% | $0.01 | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income.
CXMSF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| 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 | $29.8B |
| 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 | $4.3B |
| 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 | $561.0M |
| 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 | 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 | $10.0B |
| 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 | $20.4B |
| 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 | $4.3B |
| 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 | $11.4B |
| 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 | $9.5B |
| 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 | $829.0M |
Not reported in any period shown, so not listed: Accounts Receivable.
CXMSF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.9B-14.8% | $2.2B+62.4% | $1.4B-25.8% | $1.8B+15.6% | $1.6B+17.6% | $1.4B-13.5% | $1.6B-15.1% | $1.8B | N/A |
| Capital Expenditures | $1.0B+15.6% | $865.0M+14.6% | $755.0M-2.7% | $776.0M+44.2% | $538.0M-17.4% | $651.0M+8.3% | $601.0M+6.0% | $567.0M | N/A |
| Free Cash Flow | $894.0M-34.1% | $1.4B+121.4% | $613.0M-42.5% | $1.1B+1.0% | $1.1B+50.0% | $704.0M-27.1% | $966.0M-24.4% | $1.3B | N/A |
| Investing Cash Flow | -$328.0M+75.2% | -$1.3B-106.6% | -$640.0M-134.4% | -$273.0M-413.8% | $87.0M+133.2% | -$262.0M+67.9% | -$815.0M-247.4% | $553.0M | N/A |
| Financing Cash Flow | -$1.3B-78.7% | -$701.0M+27.1% | -$961.0M+48.1% | -$1.9B-21.8% | -$1.5B-151.7% | -$604.0M+48.1% | -$1.2B+51.3% | -$2.4B | N/A |
| Dividends Paid | $90.0M | N/A | N/A | N/A | N/A | $150.0M | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | $111.0M | $0-100.0% | $83.0M+66.0% | $50.0M-33.3% | $75.0M | N/A | N/A |
CXMSF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 5.9%+4.7pp | 1.2%-4.8pp | 6.0%+0.6pp | 5.4%+16.8pp | -11.4%-12.8pp | 1.4%-2.8pp | 4.2%-2.5pp | 6.7% | N/A |
| Return on Equity | 7.7%+6.0pp | 1.6%-6.5pp | 8.1%+0.5pp | 7.6%+23.7pp | -16.2%-17.8pp | 1.7%-3.5pp | 5.1%-3.0pp | 8.2% | N/A |
| Return on Assets | 3.5%+2.8pp | 0.7%-2.7pp | 3.4%+0.4pp | 2.9%+8.2pp | -5.3%-5.9pp | 0.6%-1.3pp | 1.9%-1.0pp | 2.9% | N/A |
| Current Ratio | 0.82+0.1x | 0.74-0.1x | 0.820.0x | 0.790.0x | 0.79-0.1x | 0.85+0.1x | 0.71+0.1x | 0.62 | 0.99 |
| Debt-to-Equity | 0.44-0.1x | 0.51-0.1x | 0.64-0.1x | 0.72-0.3x | 1.04+0.2x | 0.870.0x | 0.84-0.1x | 0.93 | 1.20 |
| FCF Margin | 5.5%-2.7pp | 8.2%+4.0pp | 4.2%-3.3pp | 7.4%-0.9pp | 8.3%+2.9pp | 5.4%-1.7pp | 7.1%-2.7pp | 9.9% | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Note: The current ratio is below 1.0 (0.82), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Cemex SAB de CV Ranks
Frequently Asked Questions
What is Cemex SAB de CV's annual revenue?
Cemex SAB de CV (CXMSF) reported $16.2B in total revenue for fiscal year 2024. This represents a -2.1% 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 SAB de CV's revenue growing?
Cemex SAB de CV (CXMSF) revenue declined by 2.1% year-over-year, from $16.6B to $16.2B in fiscal year 2024.
Is Cemex SAB de CV profitable?
Yes, Cemex SAB de CV (CXMSF) reported a net income of $960.0M in fiscal year 2024, with a net profit margin of 5.9%.
How much debt does Cemex SAB de CV have?
As of fiscal year 2024, Cemex SAB de CV (CXMSF) had $864.0M in cash and equivalents against $5.5B in long-term debt.
What is Cemex SAB de CV's net profit margin?
Cemex SAB de CV (CXMSF) had a net profit margin of 5.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Cemex SAB de CV's return on equity (ROE)?
Cemex SAB de CV (CXMSF) has a return on equity of 7.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Cemex SAB de CV's free cash flow?
Cemex SAB de CV (CXMSF) generated $894.0M in free cash flow during fiscal year 2024. This represents a -34.1% 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 SAB de CV's operating cash flow?
Cemex SAB de CV (CXMSF) generated $1.9B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Cemex SAB de CV's total assets?
Cemex SAB de CV (CXMSF) had $27.3B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Cemex SAB de CV's capital expenditures?
Cemex SAB de CV (CXMSF) invested $1.0B in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Cemex SAB de CV's current ratio?
Cemex SAB de CV (CXMSF) had a current ratio of 0.82 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Cemex SAB de CV's debt-to-equity ratio?
Cemex SAB de CV (CXMSF) had a debt-to-equity ratio of 0.44 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cemex SAB de CV's return on assets (ROA)?
Cemex SAB de CV (CXMSF) had a return on assets of 3.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Cemex SAB de CV's Piotroski F-Score?
Cemex SAB de CV (CXMSF) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 SAB de CV's earnings high quality?
Cemex SAB de CV (CXMSF) has an earnings quality ratio of 1.97x, 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.