Cemex Sab De CV income statement CX
In fiscal 2024, which ended Dec 31, 2024, Cemex Sab De CV reported revenue of $16.2 billion, down 2.1% from the year before. Net income was $960.0 million, a profit margin of 5.9%. Operating income came to $1.8 billion, an operating margin of 11.2%. Diluted earnings per share were $0.02. Across the 6 fiscal years shown, revenue grew from $13.0 billion in fiscal 2019 to $16.2 billion in fiscal 2024, about 4.6% 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
|
|---|---|---|---|---|---|---|
| Revenue |
16,200
-2.1%
|
16,554
+12.6%
|
14,706
+2.3%
|
14,379
+13.5%
|
12,669
-2.2%
|
12,959
|
| Cost of revenue |
10,761
-2.0%
|
10,979
+7.4%
|
10,221
+4.9%
|
9,743
+13.5%
|
8,586
-1.5%
|
8,714
|
| Gross profit |
5,439
-2.4%
|
5,575
+24.3%
|
4,485
-3.3%
|
4,636
+13.5%
|
4,083
-3.8%
|
4,245
|
| Selling, general and administrative |
1,774
+1.5%
|
1,747
+25.7%
|
1,390
+8.6%
|
1,280
|
—
|
—
|
| Operating income |
1,821
+4.2%
|
1,748
+100.2%
|
873
-46.7%
|
1,637
+447.6%
|
-471
-148.8%
|
965
|
| Pretax income |
980
-25.9%
|
1,323
+132.1%
|
570
-40.3%
|
954
+172.8%
|
-1,310
-650.4%
|
238
|
| Income tax |
67
-94.4%
|
1,204
+616.7%
|
168
+22.6%
|
137
+280.6%
|
36
-77.1%
|
157
|
| Net income |
960
+382.4%
|
199
-77.5%
|
885
+13.8%
|
778
+153.8%
|
-1,446
-907.8%
|
179
|
| Basic EPS |
0.02
+416.7%
|
0.00
-78.7%
|
0.02
+15.2%
|
0.02
+151.5%
|
-0.03
-1171.0%
|
0.00
|
| Diluted EPS |
0.02
+419.5%
|
0.00
-78.8%
|
0.02
+14.9%
|
0.02
+150.6%
|
-0.03
-1171.0%
|
0.00
|
| Weighted average shares, basic |
43,405
-0.2%
|
43,511
-0.1%
|
43,555
-1.3%
|
44,124
-0.0%
|
44,125
-2.8%
|
45,394
-0.4%
|
| Weighted average shares, diluted |
44,066
-0.1%
|
44,110
-0.5%
|
44,348
-1.1%
|
44,853
-0.0%
|
44,870
-5.2%
|
47,322
-1.4%
|
| Other measures | ||||||
| Depreciation and amortization |
1,250
+5.0%
|
1,190
+11.0%
|
1,072
-4.3%
|
1,120
+1.4%
|
1,105
+6.4%
|
1,039
|
| EBITDA |
3,071
+4.5%
|
2,938
+51.1%
|
1,945
-29.5%
|
2,757
+334.9%
|
634
-68.4%
|
2,004
|
| Margins | ||||||
| Gross margin |
33.57%
|
33.68%
|
30.50%
|
32.24%
|
32.23%
|
32.76%
|
| Operating margin |
11.24%
|
10.56%
|
5.94%
|
11.38%
|
-3.72%
|
7.45%
|
| Pretax margin |
6.05%
|
7.99%
|
3.88%
|
6.63%
|
-10.34%
|
1.84%
|
| Profit margin |
5.93%
|
1.20%
|
6.02%
|
5.41%
|
-11.41%
|
1.38%
|
| EBITDA margin |
18.96%
|
17.75%
|
13.23%
|
19.17%
|
5.00%
|
15.46%
|
| Effective tax rate |
6.84%
|
91.01%
|
29.47%
|
14.36%
|
—
|
65.97%
|
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.
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Company profile
- Industry
- Cement, Hydraulic (SIC 3241)
- Listed as
- CX (NYSE), CXMSF (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- Mexico
- Headquarters
- Monterrey, Nuevo Leon, Mexico
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1076378
- Former names
- CEMEX SA DE CV (until Nov 15, 2007)
Other Cement, Hydraulic companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.