America Movil Sab De CV/ cash flow statement AMX

Annual Quarterly

In fiscal 2024, which ended Dec 31, 2024, America Movil Sab De CV/ generated $11.8 billion of cash from operations, down 19.6% from the year before. It spent $5.6 billion on capital expenditures. That left free cash flow of $6.2 billion. The company returned $1.5 billion in dividends and $1.1 billion in share buybacks to shareholders.

USD in millions, except per-share amounts and ratios. The percent under a figure is the change from the year before.

Line	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017
Operating
Depreciation and amortization	8,098 -9.9%	8,985 +10.0%	8,171 +3.4%	7,901 -4.0%	8,233 -2.4%	8,433 +6.6%	7,911 -2.3%	8,095
Operating cash flow	11,808 -19.6%	14,686 +26.5%	11,605 -7.5%	12,543 -10.9%	14,079 +13.3%	12,431 -1.5%	12,617 +14.6%	11,008
Investing
Capital expenditures	5,579 -28.1%	7,760 +3.1%	7,530 +6.7%	7,058 +29.3%	5,459 -22.6%	7,051 -3.5%	7,310 +21.3%	6,024
Investing cash flow	-6,376 +34.7%	-9,767 -24.5%	-7,848 -111.2%	-3,716 +45.3%	-6,796 +21.5%	-8,653 -14.5%	-7,559 -6.3%	-7,113
Financing
Debt issued	12,929	—	—	—	—	—	—	—
Debt repaid	11,483 -9.7%	12,711 +69.8%	7,486 +1.3%	7,388 -55.4%	16,573 +184.4%	5,827 -39.4%	9,618 +11.3%	8,644
Dividends paid	1,530 -15.1%	1,803 +18.5%	1,521 +12.5%	1,352 +181.1%	481 -62.6%	1,287 +13.2%	1,137 +39.9%	813
Stock buybacks	1,122 +32.3%	848 -37.0%	1,347 -24.5%	1,785 +602.8%	254 +1004.3%	23 -11.5%	26 -58.1%	62
Financing cash flow	-5,088 -1.2%	-5,028 -33.1%	-3,778 +56.2%	-8,618 -35.5%	-6,362 -68.2%	-3,783 +26.5%	-5,150 -34.0%	-3,843
Change in cash
Effect of exchange rate	152 +148.9%	-311 -32.3%	-235 -217.6%	-74 +32.7%	-110 -14.6%	-96 -134.1%	-41 -1466.7%	3
Free cash flow	6,229 -10.1%	6,926 +70.0%	4,075 -25.7%	5,485 -36.4%	8,620 +60.2%	5,380 +1.4%	5,307 +6.5%	4,984
Shareholder returns
Returned to shareholders	2,652	2,651	2,868	3,137	735	1,310	1,163	875
Share of free cash flow	42.58%	38.28%	70.38%	57.19%	8.53%	24.35%	21.91%	17.56%
Ratios
Free cash flow margin	14.52%	14.34%	9.37%	13.20%	16.91%	10.06%	10.06%	9.65%
Capital expenditures to revenue	13.01%	16.07%	17.31%	16.98%	10.71%	13.19%	13.86%	11.67%
Cash conversion	8.67x	3.07x	2.76x	1.32x	5.50x	3.33x	4.55x	6.77x

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and ratios. Capital expenditures, debt repaid, dividends, and buybacks are positive amounts. Investing and financing cash flow keep the filing sign, so an outflow is negative. Free cash flow is operating cash flow minus capital expenditures. Returned to shareholders is dividends plus buybacks. Free cash flow margin, capital expenditures, and stock-based compensation are divided by revenue. Cash conversion is operating cash flow divided by net income. More on our methodology.

Company profile

Industry: Telephone Communications (No Radiotelephone) (SIC 4813)
Listed as: AMX (NYSE), AMXOF (OTC)
Fiscal year ends: December 31
Incorporated in: Mexico
Headquarters: Mexico City
SEC filer status: Large accelerated filer
SEC CIK: 1129137
Former names: AMERICA MOVIL SA DE CV/ (until Jan 5, 2007); AMERICA MOVIL SA DE CV (until Dec 11, 2000)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.