Cemex S.A.B. de C.V.

CX Basic Materials Building Materials

Cemex S.A.B. de C.V.’s revenue for fiscal 2025 (year ended December 2025) was $16.1 billion, roughly unchanged from fiscal 2024.

Revenue
+8.13%
EPS
+56.6%
Free cash flow
+1,454.2%
Total debt
−4.76%

Quarter to September 2026, against a year earlier

10.92 0.22 +2.06%
Market cap
$16.2B
P/E
24.2×
Fwd P/E
11.9×
Dividend yield
0.98%
F-score
6/9
Altman Z
1.57
Beneish M
−2.62
Dividend safety
64/100

Insider Decisions last twelve months

Bought, $m 6.93
Sold, $m 11.58
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — 1 — —
Sell — — — — 1 — — — 1 1 — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 16,180.00
Revenue ttm 17,382.73
Net income ttm 404.00
Free cash flow ttm 873.00
Net debt Q 4,245.35
Valuation
P/E 24.16
Forward P/E 11.90
Price / sales 0.92
Forward P/S Powerpack
Price / FCF 18.24
Price / book 1.21
Financial health
Current ratio Q 0.95 (below 1: weak)
Debt / equity Q 0.37 (at or below 0.5: strong)
Interest coverage Q 6.59
Growth
Revenue growth Q +8.13% (above 0%: growing)
Operating income growth Q +49.89% (above 0%: growing)
EPS, this year +29.78% (at or above 15%: strong)
EPS, next year A +11.92%
Revenue, next year A −89.06% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +19.06% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 75.75%
10-year low 10-year high
P/S against its own 10 years 82.01%
10-year low 10-year high
P/B against its own 10 years 85.21%
10-year low 10-year high
EV/Sales against its own 10 years 54.85%
10-year low 10-year high
EV/FCF against its own 10 years 62.62%
10-year low 10-year high

Dividends

Yield
0.98%
Annual rate
0.11
Payout ratio
24.3%
Growth, 2019–24
−22.6%/yr
  1. 0.15 ’19
  2. 0.04 ’24 −72%
  3. 0.00 ’25e −97%
  4. 0.00 ’26e −9%
paid forecast Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 624 864 1,822 652
Receivables 2,401 2,297 2,604 2,999
Inventory 1,789 1,485 1,527 1,499
Other 191 370 144 880
5,005 5,016 6,097 6,030
2023 2024 2025 Q'26
Payables 3,109 3,090 3,092 —
ST’ Debt 975 1,606 2,869 —
Other 1,620 927 948 —
6,786 6,092 7,347 6,373

Compound Annual Growth %

10y 5y 3y
Sales 1.24% 4.71% 1.17%
Cash Flow 5.05% 4.13% 10.22%
Earnings 28.88% 0.00% 3.82%
Book Value 2.80% 8.78% 7.73%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.16 0.24 0.28 — —
’25 0.50 0.22 0.18 (0.24) 0.65
’24 0.17 0.16 0.27 0.03 0.64
’23 0.15 0.18 0.09 (0.30) 0.12
’22 0.14 0.18 0.34 (0.07) 0.58
’21 0.44 0.18 (0.26) 0.13 0.50
’20 0.03 (0.03) (1.03) 0.05 (0.98)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 4,019 4,593 4,590 — —
’25 3,614 4,093 4,245 4,180 16,132
’24 3,942 4,357 4,055 3,709 16,063
’23 4,036 4,483 4,364 3,671 16,554
’22 3,725 4,028 3,956 3,869 15,577
’21 3,411 3,855 3,693 3,454 14,379
’20 3,076 2,912 3,424 3,402 12,814
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 (139) — — 1,975 1,975
’24 (19) — — 1,979 1,979
’23 (19) 517 709 1,016 2,222
’22 58 345 324 748 1,475
’21 723 (87) 452 1,843 1,843
’20 (22) 164 569 1,613 1,613
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 (404) — — 763 763
’24 (182) — — 696 696
’23 (19) 517 709 (56) 1,150
’22 58 345 324 (312) 415
’21 723 (87) 452 875 875
’20 (22) (73) 569 1,024 1,024
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 13,449 13,681 13,531 13,130 12,814 14,379 15,577 16,554 16,063 16,132 17,383 +2.0% 1,764 1,826 1,917 (50.8%)
Gross margin, % 35.48 34.32 34.60 32.79 32.17 32.24 30.96 33.68 33.67 32.92 34.11 (2.6) pt
EBT 926 724 717 253 (1,302) 954 770 1,323 991 789 1,218 (1.8%)
EBT margin, % 6.89 5.29 5.30 1.93 (10.16) 6.63 4.94 7.99 6.17 4.89 7.01 (2.0) pt
Net income 760 696 493 91 (1,347) 817 561 119 924 404 404 (6.8%)
Per share, $
Per share, $ Revenue 9.04 9.02 8.77 8.68 8.71 9.78 10.73 11.41 11.10 11.12 11.92 +2.3%
Earnings 0.51 0.53 0.36 0.12 (0.98) 0.50 0.58 0.12 0.64 0.65 0.45 +2.7%
Cash flow 1.41 1.09 1.02 0.89 1.10 1.25 1.02 1.53 1.37 1.36 0.00 (0.4%)
Capex (0.21) (0.43) (0.51) (0.51) (0.40) (0.66) (0.73) (0.74) (0.89) (0.84) 0.00 +16.4%
Free cash flow 1.19 0.66 0.51 0.39 0.70 0.59 0.29 0.79 0.48 0.53 0.00 (8.7%)
Book value 7.09 7.35 7.17 7.15 6.09 6.98 7.51 8.35 8.62 9.40 9.06 +3.2%
Shares, m 1,488 1,517 1,543 1,513 1,471 1,471 1,452 1,450 1,447 1,451 1,427 (0.3%)
Valuation, ×
Valuation, × P/E 14.95 14.05 13.77 37.80 0.00 13.84 6.98 63.42 8.95 17.41 24.16 19.1
P/S 0.84 0.86 0.55 0.44 0.59 0.69 0.38 0.67 0.51 1.03 0.92 0.7
P/B 1.07 1.05 0.67 0.53 0.85 0.97 0.55 0.91 0.65 1.22 1.21 0.8
EV/Sales 1.89 1.68 1.40 1.27 1.39 1.28 0.92 1.13 0.94 1.43 1.33 1.3
EV/FCF 10.15 6.43 5.32 14.43 18.40 18.14 (10.38) (12.78) 142.47 26.40 26.39 21.9
Cash, $m
Cash, $m Operating cash flow 2,094 1,649 1,567 1,353 1,613 1,843 1,475 2,222 1,979 1,975 3,796 (0.6%)
Capex (318) (655) (788) (767) (589) (968) (1,060) (1,072) (1,283) (1,212) (2,923) +16.0%
Free cash flow 1,776 994 779 586 1,024 875 415 1,150 696 763 873 (9.0%)
Balance, $m
Balance, $m Working capital 531 (2,163) (1,374) (830) (1,117) (1,155) (1,020) (1,781) (1,076) (1,250) (342) n/m
Net debt 14,060 11,261 11,449 11,002 10,235 8,544 8,330 7,718 6,984 6,372 4,245 (8.4%)
Shareholders’ equity 10,544 11,152 11,053 10,824 8,952 10,271 10,909 12,116 12,477 13,638 13,206 +2.9%
Returns, %
Returns, % ROA 2.27 2.59 1.78 0.49 (5.17) 2.79 3.23 0.66 3.37 3.41 2.20 +1.1 pt
ROIC 4.58 4.25 3.91 2.82 (1.49) 5.44 3.55 5.51 5.85 3.14 5.73 (1.4) pt
ROE 7.20 7.44 4.76 1.31 (14.84) 7.83 8.10 1.58 7.64 7.35 4.62 +0.2 pt
People
People Employees 41,853 40,878 42,024 40,640 41,663 46,210 43,853 46,497 45,649 39,886 — (0.5%)
Revenue/emp, $m 0.32 0.33 0.32 0.32 0.31 0.31 0.36 0.36 0.35 0.40 — +2.6%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

Cemex S.A.B. de C.V. vs peers in Building Materials (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CRH CRH PLC $60.4B 18.3× 17.1× +2.95% (above 0%: growing) −20.18% (below 0%: shrinking) +15.89% (above 0%: growing) 38.79% 18.03% Compare
MLM Martin Marietta Materials, Inc. $38.4B 13.6× 36.6× +21.01% (above 0%: growing) −23.16% (below 0%: shrinking) −107.69% (below 0%: shrinking) 25.42% 19.11% Compare
VMC Vulcan Materials Company $36.1B 34.1× 32.4× −4.67% (below 0%: shrinking) −1.02% (below 0%: shrinking) −54.16% (below 0%: shrinking) 30.47% 24.01% Compare
AMRZ Amrize Ltd $22.6B 19.4× 17.9× +2.20% (above 0%: growing) +3.49% (above 0%: growing) −4.55% (below 0%: shrinking) 28.67% 20.95% Compare
CX Cemex S.A.B. de C.V. $16.2B 24.2× 11.9× +8.13% (above 0%: growing) +56.61% (above 0%: growing) +1,454.19% (above 0%: growing) 35.47% 14.77%
JHX James Hardie Industries PLC. $15.8B 111× 23.7× +63.86% (above 0%: growing) +20.00% (above 0%: growing) +145.13% (above 0%: growing) 37.21% 14.76% Compare
EXP Eagle Materials Inc $5.6B 15.4× 15.3× +2.56% (above 0%: growing) −12.70% (below 0%: shrinking) −44.46% (below 0%: shrinking) 24.77% 22.10% Compare
KNF Knife River Corporation $3.3B 23.8× 22.6× +12.57% (above 0%: growing) −13.48% (below 0%: shrinking) +19.76% (above 0%: growing) 17.34% 8.64% Compare
USLM United States Lime & Minerals, Inc. $3.2B 25.5× 24.3× +8.31% (above 0%: growing) +11.11% (above 0%: growing) +0.98% (above 0%: growing) 47.13% 41.01% Compare
Median of peers $19.2B 21.6× 23.2× +5.63% −6.86% −1.78% 29.57% 20.03%

All 17 Building Materials stocks →

Cemex S.A.B. de C.V. (CX) Latest News

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stockrow.com/CX · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com