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About

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. The company offers gray ordinary portland, white portland, oil-well, 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. It also provides including logistics and transportation, retail, pavement services, design and engineering, and other services; municipal and industrial waste management solutions; industrial construction products, such as precast components, 2D panels, 3D modules, and complete structures; and recycling and reusing construction, demolition, and excavation waste; and alternative raw material solutions. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza García, Mexico.

Fundamentals
Scroll to Statements
Sector Basic Materials Industry Building Materials Market Cap 18.30B
Enterprise Value 187.38B Income 394.77M Sales 16.13B
Book/sh 0.92 Cash/sh 0.13 Dividend Yield 70.00%
Payout 32.27% Employees 39462 IPO —
P/E 46.72 Forward P/E 13.14 PEG —
P/S 1.13 P/B 13.73 P/C —
EV/EBITDA 66.27 EV/Sales 11.62 Quick Ratio 0.59
Current Ratio 0.83 Debt/Eq 49.77 LT Debt/Eq —
EPS (ttm) 0.27 EPS next Y 0.96 EPS Growth —
Revenue Growth 9.70% Earnings 2026-04-23 ROA 3.97%
ROE 3.10% ROIC — Gross Margin 32.92%
Oper. Margin -2.84% Profit Margin 5.95% Shs Outstand 1.45B
Shs Float 14.49B Short Float — Short Ratio 1.93
Short Interest — 52W High 13.35 52W Low 4.89
Beta 1.04 Avg Volume 6.44M Volume 1.34M
Target Price $13.27 Recom Buy Prev Close $12.57
Price $12.62 Change 0.36%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$13.27
Mean price target
2. Current target
$12.62
Latest analyst target
3. DCF / Fair value
$21.53
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$12.62
Low
$9.51
High
$16.00
Mean
$13.27

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-05 main Scotiabank Sector Perform → Sector Perform $14
2025-12-08 up RBC Capital Underperform → Sector Perform $11
2025-10-29 main RBC Capital Underperform → Underperform $8
2025-10-29 main Barclays Overweight → Overweight $12
2025-10-21 down Scotiabank Sector Outperform → Sector Perform $11
2025-10-17 main Goldman Sachs Buy → Buy $11
2025-10-15 up B of A Securities Neutral → Buy $11
2025-10-13 down Citigroup Buy → Neutral $10
2025-09-03 main B of A Securities Neutral → Neutral $10
2025-09-02 main Scotiabank Sector Outperform → Sector Outperform $11
2025-08-26 up JP Morgan Neutral → Overweight $11
2025-07-29 main Barclays Overweight → Overweight $10
2025-07-15 main Barclays Overweight → Overweight $9
2025-04-29 main RBC Capital Underperform → Underperform $5
2025-04-29 main JP Morgan Neutral → Neutral $7
2025-04-14 main RBC Capital Underperform → Underperform $5
2025-02-27 main Goldman Sachs Buy → Buy $9
2025-02-10 main RBC Capital Underperform → Underperform $6
2024-12-11 down RBC Capital Sector Perform → Underperform $5
2024-11-01 main Scotiabank Sector Outperform → Sector Outperform $8
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-24.75M-43.80M-86.44M-115.92M
TaxRateForCalcs0.070.300.290.14
NormalizedEBITDA3.19B3.24B2.47B3.49B
TotalUnusualItems-364.00M-146.00M-293.00M-805.00M
TotalUnusualItemsExcludingGoodwill-364.00M-146.00M-293.00M-805.00M
NetIncomeFromContinuingOperationNetMinorityInterest892.00M102.00M375.00M792.00M
ReconciledDepreciation1.25B1.19B1.07B1.12B
ReconciledCostOfRevenue9.74B9.99B9.33B8.81B
EBITDA2.83B3.10B2.17B2.68B
EBIT1.57B1.91B1.10B1.56B
NetInterestIncome-577.00M-588.00M-528.00M-614.00M
InterestExpense595.00M583.00M533.00M607.00M
InterestIncome36.00M37.00M25.00M22.00M
NormalizedIncome1.23B204.20M581.57M1.48B
NetIncomeFromContinuingAndDiscontinuedOperation939.00M182.00M858.00M753.00M
TotalExpenses14.37B14.60B13.35B12.06B
RentExpenseSupplemental80.00M85.00M71.00M
TotalOperatingIncomeAsReported1.82B1.75B873.00M1.64B
DilutedAverageShares1.45B1.47B1.47B1.48B
BasicAverageShares1.45B1.45B1.45B1.48B
DilutedEPS0.660.640.120.58
BasicEPS0.660.650.130.59
DilutedNIAvailtoComStockholders939.00M182.00M858.00M753.00M
AverageDilutionEarnings0.000.00
NetIncomeCommonStockholders939.00M182.00M858.00M753.00M
NetIncome939.00M182.00M858.00M753.00M
MinorityInterests-21.00M-17.00M-27.00M-25.00M
NetIncomeIncludingNoncontrollingInterests960.00M199.00M885.00M778.00M
NetIncomeDiscontinuousOperations47.00M80.00M483.00M-39.00M
NetIncomeContinuousOperations913.00M119.00M402.00M817.00M
TaxProvision67.00M1.20B168.00M137.00M
PretaxIncome980.00M1.32B570.00M954.00M
OtherIncomeExpense-271.00M-48.00M-263.00M-751.00M
OtherNonOperatingIncomeExpenses2.00M
SpecialIncomeCharges-146.00M-211.00M-536.00M-682.00M
GainOnSaleOfPPE-5.00M-163.00M-73.00M-126.00M
OtherSpecialCharges9.00M3.00M1.00M26.00M
ImpairmentOfCapitalAssets122.00M43.00M442.00M513.00M
RestructuringAndMergernAcquisition10.00M2.00M20.00M17.00M
EarningsFromEquityInterest93.00M98.00M30.00M54.00M
GainOnSaleOfSecurity-218.00M65.00M243.00M-123.00M
NetNonOperatingInterestIncomeExpense-577.00M-588.00M-528.00M-614.00M
TotalOtherFinanceCost18.00M42.00M20.00M29.00M
InterestExpenseNonOperating595.00M583.00M533.00M607.00M
InterestIncomeNonOperating36.00M37.00M25.00M22.00M
OperatingIncome1.83B1.96B1.36B2.32B
OperatingExpense3.61B3.62B3.12B2.32B
OtherOperatingExpenses1.89B1.94B1.75B1.08B
ProvisionForDoubtfulAccounts15.00M11.00M9.00M
DepreciationAmortizationDepletionIncomeStatement227.00M205.00M178.00M186.00M
DepreciationAndAmortizationInIncomeStatement227.00M205.00M178.00M186.00M
SellingGeneralAndAdministration1.48B1.46B1.19B1.05B
GeneralAndAdministrativeExpense1.48B1.46B1.19B1.05B
OtherGandA274.00M277.00M185.00M144.00M
RentAndLandingFees80.00M85.00M71.00M
SalariesAndWages1.12B1.10B935.00M905.00M
GrossProfit5.44B5.58B4.49B4.64B
CostOfRevenue10.76B10.98B10.22B9.74B
TotalRevenue16.20B16.55B14.71B14.38B
OperatingRevenue16.20B16.55B14.71B14.38B
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber43.52B43.47B44.19B44.19B
ShareIssued43.52B43.47B44.19B44.19B
NetDebt5.32B6.28B7.15B7.37B
TotalDebt7.36B8.16B8.82B9.16B
TangibleBookValue2.86B2.27B1.24B109.00M
InvestedCapital18.36B18.67B18.15B17.81B
WorkingCapital-1.08B-1.78B-1.02B-1.16B
NetTangibleAssets2.86B2.27B1.24B109.00M
CapitalLeaseObligations1.17B1.26B1.18B1.18B
CommonStockEquity12.18B11.76B10.50B9.83B
TotalCapitalization17.52B17.97B17.42B17.13B
TotalEquityGrossMinorityInterest12.48B12.12B10.91B10.27B
MinorityInterest301.00M352.00M408.00M444.00M
StockholdersEquity12.18B11.76B10.50B9.83B
OtherEquityInterest-1.37B
GainsLossesNotAffectingRetainedEarnings-770.00M-363.00M-1.55B-1.37B
OtherEquityAdjustments-770.00M-363.00M-1.55B-1.37B
RetainedEarnings5.25B4.43B4.25B3.39B
AdditionalPaidInCapital7.38B7.38B7.49B7.49B
CapitalStock318.00M318.00M318.00M318.00M
CommonStock318.00M318.00M318.00M318.00M
TotalLiabilitiesNetMinorityInterest14.82B16.32B15.54B16.38B
TotalNonCurrentLiabilitiesNetMinorityInterest8.73B9.53B9.99B11.00B
OtherNonCurrentLiabilities420.00M329.00M282.00M391.00M
DerivativeProductLiabilities100.00M15.00M2.00M30.00M
EmployeeBenefits559.00M735.00M695.00M999.00M
NonCurrentPensionAndOtherPostretirementBenefitPlans559.00M735.00M695.00M
NonCurrentAccruedExpenses95.00M100.00M83.00M48.00M
NonCurrentDeferredLiabilities548.00M443.00M394.00M485.00M
NonCurrentDeferredTaxesLiabilities548.00M443.00M394.00M485.00M
LongTermDebtAndCapitalLeaseObligation6.24B7.19B7.84B8.22B
LongTermCapitalLeaseObligation902.00M986.00M918.00M911.00M
LongTermDebt5.34B6.20B6.92B7.31B
LongTermProvisions766.00M720.00M698.00M829.00M
CurrentLiabilities6.09B6.79B5.55B5.38B
OtherCurrentLiabilities91.00M39.00M
CurrentDeferredLiabilities269.00M384.00M293.00M257.00M
CurrentDeferredRevenue269.00M384.00M293.00M257.00M
CurrentDebtAndCapitalLeaseObligation1.12B975.00M987.00M940.00M
CurrentCapitalLeaseObligation269.00M272.00M258.00M265.00M
CurrentDebt847.00M703.00M729.00M675.00M
OtherCurrentBorrowings847.00M703.00M729.00M675.00M
LineOfCredit0.00
CurrentNotesPayable5.00M
CurrentProvisions399.00M492.00M276.00M620.00M
PayablesAndAccruedExpenses4.22B4.93B3.99B3.52B
CurrentAccruedExpenses89.00M88.00M96.00M92.00M
InterestPayable89.00M88.00M96.00M92.00M
Payables4.13B4.85B3.89B3.43B
OtherPayable569.00M656.00M560.00M233.00M
TotalTaxPayable469.00M1.08B368.00M437.00M
IncomeTaxPayable469.00M1.08B368.00M437.00M
AccountsPayable3.09B3.11B2.97B2.76B
TotalAssets27.30B28.43B26.45B26.65B
TotalNonCurrentAssets22.28B23.43B21.92B22.43B
NonCurrentDeferredAssets673.00M363.00M411.00M562.00M
NonCurrentDeferredTaxesAssets673.00M363.00M411.00M562.00M
NonCurrentAccountsReceivable191.00M272.00M228.00M204.00M
FinancialAssets60.00M64.00M57.00M22.00M
InvestmentsAndAdvances758.00M733.00M648.00M552.00M
InvestmentinFinancialAssets5.00M4.00M8.00M17.00M
AvailableForSaleSecurities4.00M3.00M5.00M14.00M
FinancialAssetsDesignatedasFairValueThroughProfitorLossTotal1.00M1.00M3.00M3.00M
TradingSecurities3.00M
LongTermEquityInvestment753.00M729.00M640.00M535.00M
GoodwillAndOtherIntangibleAssets9.32B9.49B9.26B9.72B
OtherIntangibleAssets1.88B1.82B1.72B1.73B
Goodwill7.44B7.67B7.54B7.98B
NetPPE11.28B12.51B11.32B11.37B
AccumulatedDepreciation-12.13B-12.72B-11.64B-11.34B
GrossPPE23.42B25.22B22.95B22.70B
ConstructionInProgress1.40B1.93B1.67B1.26B
OtherProperties1.64B1.78B1.62B1.53B
MachineryFurnitureEquipment11.96B12.70B11.66B11.73B
BuildingsAndImprovements2.79B2.99B2.68B2.93B
LandAndImprovements5.58B5.77B5.28B5.20B
Properties49.00M47.00M39.00M52.00M
CurrentAssets5.02B5.00B4.53B4.22B
OtherCurrentAssets105.00M142.00M115.00M131.00M
HedgingAssetsCurrent64.00M6.00M25.00M36.00M
AssetsHeldForSaleCurrent265.00M49.00M68.00M272.00M
PrepaidAssets494.00M472.00M335.00M396.00M
Inventory1.49B1.79B1.67B1.26B
OtherInventories67.00M91.00M87.00M79.00M
FinishedGoods392.00M461.00M406.00M343.00M
WorkInProcess266.00M330.00M284.00M225.00M
RawMaterials760.00M907.00M892.00M614.00M
Receivables2.23B2.40B2.15B2.04B
OtherReceivables87.00M102.00M119.00M84.00M
TaxesReceivable494.00M472.00M335.00M396.00M
AccruedInterestReceivable56.00M54.00M41.00M31.00M
LoansReceivable14.00M16.00M15.00M11.00M
AccountsReceivable1.58B1.75B1.64B1.52B
AllowanceForDoubtfulAccountsReceivable-77.00M-90.00M-91.00M-101.00M
GrossAccountsReceivable1.66B1.84B1.74B1.62B
CashCashEquivalentsAndShortTermInvestments864.00M624.00M495.00M613.00M
CashAndCashEquivalents864.00M624.00M495.00M613.00M
CashEquivalents534.00M261.00M198.00M246.00M
CashFinancial330.00M363.00M297.00M367.00M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow598.00M1.15B462.00M875.00M
RepurchaseOfCapitalStock0.000.00-111.00M0.00
RepaymentOfDebt-5.79B-4.11B-2.62B-6.18B
IssuanceOfDebt5.05B3.93B2.01B4.95B
CapitalExpenditure-1.30B-1.07B-906.00M-968.00M
EndCashPosition864.00M624.00M495.00M613.00M
BeginningCashPosition624.00M495.00M613.00M950.00M
EffectOfExchangeRateChanges-73.00M-70.00M115.00M-55.00M
ChangesInCash313.00M199.00M-233.00M-282.00M
FinancingCashFlow-1.25B-701.00M-961.00M-1.85B
CashFlowFromContinuingFinancingActivities-1.25B-701.00M-961.00M-1.85B
NetOtherFinancingCharges-227.00M-352.00M-152.00M-597.00M
InterestPaidCFF-143.00M-120.00M-51.00M-24.00M
ProceedsFromStockOptionExercised-52.00M-45.00M-36.00M0.00
CashDividendsPaid-90.00M0.000.000.00
NetCommonStockIssuance0.000.00-111.00M0.00
CommonStockPayments0.000.00-111.00M0.00
NetIssuancePaymentsOfDebt-741.00M-184.00M-611.00M-1.23B
NetLongTermDebtIssuance-741.00M-184.00M-611.00M-1.23B
LongTermDebtPayments-5.79B-4.11B-2.62B-6.18B
LongTermDebtIssuance5.05B3.93B2.01B4.95B
InvestingCashFlow-328.00M-1.32B-640.00M-273.00M
CashFromDiscontinuedInvestingActivities-87.00M-83.00M-61.00M-17.00M
CashFlowFromContinuingInvestingActivities-241.00M-1.24B-579.00M-256.00M
NetOtherInvestingChanges35.00M22.00M-14.00M-10.00M
NetInvestmentPurchaseAndSale0.000.00600.00M
SaleOfInvestment0.000.00600.00M
NetBusinessPurchaseAndSale1.02B-189.00M341.00M122.00M
SaleOfBusiness1.02B341.00M122.00M
PurchaseOfBusiness-189.00M
NetIntangiblesPurchaseAndSale-296.00M-207.00M-151.00M-192.00M
SaleOfIntangibles0.000.00600.00M
PurchaseOfIntangibles-296.00M-207.00M-151.00M-192.00M
NetPPEPurchaseAndSale-1.00B-865.00M-755.00M-776.00M
PurchaseOfPPE-1.00B-865.00M-755.00M-776.00M
OperatingCashFlow1.89B2.22B1.37B1.84B
CashFromDiscontinuedOperatingActivities141.00M154.00M120.00M37.00M
CashFlowFromContinuingOperatingActivities1.75B2.07B1.25B1.81B
TaxesRefundPaid-878.00M-515.00M-136.00M-170.00M
InterestPaidCFO-621.00M-549.00M-493.00M-524.00M
ChangeInWorkingCapital231.00M192.00M-390.00M-143.00M
ChangeInPayablesAndAccruedExpense24.00M130.00M305.00M124.00M
ChangeInPayable24.00M130.00M305.00M124.00M
ChangeInAccountPayable159.00M-45.00M290.00M290.00M
ChangeInInventory196.00M68.00M-464.00M-341.00M
ChangeInReceivables11.00M-6.00M-231.00M74.00M
ChangesInAccountReceivables56.00M-27.00M-208.00M-20.00M
OtherNonCashItems934.00M523.00M333.00M737.00M
AssetImpairmentCharge122.00M43.00M442.00M509.00M
DeferredTax67.00M1.20B168.00M137.00M
DeferredIncomeTax67.00M1.20B168.00M137.00M
DepreciationAmortizationDepletion1.25B1.19B1.07B1.12B
DepreciationAndAmortization1.25B1.19B1.07B1.12B
OperatingGainsLosses-265.00M-139.00M-150.00M-677.00M
EarningsLossesFromEquityInvestments-93.00M-98.00M-30.00M-54.00M
GainLossOnInvestmentSecurities-600.00M
GainLossOnSaleOfPPE0.000.00-600.00M
GainLossOnSaleOfBusiness-172.00M-41.00M-120.00M-23.00M
NetIncomeFromContinuingOperations913.00M119.00M402.00M817.00M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for CX
Date User Asset Broker Type Position Size Entry Price Patterns