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

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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

Cemex S.A.B. de C.V. (CX) Piotroski F-score

Alert me on Piotroski F-score

Cemex S.A.B. de C.V.'s Piotroski F-score for fiscal 2025 is 6 out of 9: 6 of nine tests of profitability, leverage and efficiency passed, down from 7 in fiscal 2024.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2025 6 (1.00)
FY2024 7 0.00
FY2023 7 (1.00)
FY2022 8 0.00
FY2021 8 4.00
FY2020 4 (2.00)
FY2019 6 0.00
FY2018 6 0.00
FY2017 6 (2.00)
FY2016 8 —

How fiscal 2025’s score is made up

Test This year Year before Result Points
Positive return on assets 3.41% 3.37% Pass 1
Positive operating cash flow 1.98b 1.98b Pass 1
Rising return on assets 3.41% 3.37% Pass 1
Cash flow above net income 1.02b 1.04b Pass 1
Falling long-term leverage 0.19 0.22 Pass 1
Rising current ratio 0.83 0.82 Pass 1
No new shares issued 1,451,362,000 1,446,845,000 Fail 0
Rising gross margin 32.92% 33.67% Fail 0
Rising asset turnover 0.57 0.58 Fail 0
Piotroski F-score Mixed 6

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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