America Movil Sab De CV/ income statement AMX
In fiscal 2024, which ended Dec 31, 2024, America Movil Sab De CV/ reported revenue of $42.9 billion, down 11.2% from the year before. Net income was $1.4 billion, a profit margin of 3.2%. Operating income came to $8.9 billion, an operating margin of 20.7%. Across the 8 fiscal years shown, revenue shrank from $51.6 billion in fiscal 2017 to $42.9 billion in fiscal 2024, about 2.6% a year.
USD in millions, except per-share amounts and margins. 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
|
|---|---|---|---|---|---|---|---|---|
| Revenue |
42,886
-11.2%
|
48,303
+11.0%
|
43,499
+4.7%
|
41,564
-18.5%
|
50,975
-4.6%
|
53,454
+1.3%
|
52,747
+2.2%
|
51,632
|
| Cost of revenue |
16,340
-12.8%
|
18,734
+10.0%
|
17,025
+2.7%
|
16,570
-29.7%
|
23,582
-5.8%
|
25,032
-3.2%
|
25,851
+3.1%
|
25,084
|
| Gross profit |
26,546
-10.2%
|
29,569
+11.7%
|
26,474
+5.9%
|
24,994
-8.8%
|
27,393
-3.6%
|
28,422
+5.7%
|
26,896
+1.3%
|
26,548
|
| Selling, general and administrative |
9,202
-10.1%
|
10,241
+10.8%
|
9,243
+5.2%
|
8,786
-17.4%
|
10,634
-7.2%
|
11,461
-0.7%
|
11,543
-5.1%
|
12,161
|
| Operating income |
8,886
-10.5%
|
9,931
+12.8%
|
8,802
+9.1%
|
8,070
-2.6%
|
8,289
+0.9%
|
8,217
+15.9%
|
7,090
+40.1%
|
5,062
|
| Pretax income |
3,100
-54.6%
|
6,827
-1.3%
|
6,916
+38.5%
|
4,992
+47.7%
|
3,379
-47.5%
|
6,439
+25.5%
|
5,131
+77.7%
|
2,888
|
| Income tax |
1,738
-15.0%
|
2,045
-13.8%
|
2,372
+73.5%
|
1,367
+66.7%
|
820
-69.7%
|
2,708
+14.7%
|
2,361
+87.2%
|
1,261
|
| Net income |
1,362
-71.5%
|
4,782
+13.9%
|
4,198
-56.0%
|
9,538
+272.7%
|
2,559
-31.4%
|
3,731
+34.7%
|
2,770
+70.3%
|
1,627
|
| Weighted average shares, basic |
61,723
-2.1%
|
63,049
-1.4%
|
63,936
-3.1%
|
65,967
+99550190.5%
|
0
+0.4%
|
0
-100.0%
|
66,055
+0.2%
|
65,909
|
| Other measures | ||||||||
| 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
|
| EBITDA |
16,984
-10.2%
|
18,916
+11.4%
|
16,973
+6.3%
|
15,971
-3.3%
|
16,522
-0.8%
|
16,650
+11.0%
|
15,001
+14.0%
|
13,157
|
| Interest coverage |
3.21x
|
3.77x
|
4.14x
|
4.61x
|
4.28x
|
4.08x
|
4.39x
|
3.31x
|
| Margins | ||||||||
| Gross margin |
61.90%
|
61.22%
|
60.86%
|
60.13%
|
53.74%
|
53.17%
|
50.99%
|
51.42%
|
| Operating margin |
20.72%
|
20.56%
|
20.23%
|
19.42%
|
16.26%
|
15.37%
|
13.44%
|
9.80%
|
| Pretax margin |
7.23%
|
14.13%
|
15.90%
|
12.01%
|
6.63%
|
12.05%
|
9.73%
|
5.59%
|
| Profit margin |
3.18%
|
9.90%
|
9.65%
|
22.95%
|
5.02%
|
6.98%
|
5.25%
|
3.15%
|
| EBITDA margin |
39.60%
|
39.16%
|
39.02%
|
38.43%
|
32.41%
|
31.15%
|
28.44%
|
25.48%
|
| Effective tax rate |
56.06%
|
29.95%
|
34.30%
|
27.38%
|
24.27%
|
42.06%
|
46.01%
|
43.66%
|
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 margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
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.