Cemex SAB de CV ADR (CX) financial statements
Cemex SAB de CV ADR reported revenue of $16.2B in fiscal 2024, up 3.3% a year over 7 years.
Net income was $939M and the operating margin 11.2%, against 11.8% in 2017.
Free cash flow was $598M, and the company returned $90M in dividends.
The diluted share count fell 9% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Cemex SAB de CV ADR's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.9B | $13.5B | $13.0B | $12.7B | $14.4B | $14.7B | $16.6B | $16.2B |
| Cost of revenue | $8.4B | $8.8B | $8.7B | $8.6B | $9.7B | $10.2B | $11.0B | $10.8B |
| Gross profit | $4.6B | $4.7B | $4.2B | $4.1B | $4.6B | $4.5B | $5.6B | $5.4B |
| Selling, general and admin | $2.5B | $2.7B | $1.5B | $1.4B | $1.3B | $1.4B | $1.7B | $1.8B |
| Operating income | $1.5B | $1.4B | $965M | -$471M | $1.6B | $873M | $1.7B | $1.8B |
| Pre-tax income | $661M | $717M | $238M | -$1.3B | $954M | $570M | $1.3B | $980M |
| Income tax | $16M | $224M | $157M | $36M | $137M | $168M | $1.2B | $67M |
| Net income | $792M | $528M | $143M | -$1.5B | $753M | $858M | $182M | $939M |
| EPS (diluted) | $0.02 | $0.01 | $0.00 | -$0.03 | $0.02 | $0.02 | $0.00 | $0.02 |
| Diluted shares | 48.44B | 48.01B | 47.32B | 44.87B | 44.85B | 44.35B | 44.11B | 44.07B |
| Gross margin | 35.3% | 34.6% | 32.8% | 32.2% | 32.2% | 30.5% | 33.7% | 33.6% |
| Operating margin | 11.8% | 10.4% | 7.4% | -3.7% | 11.4% | 5.9% | 10.6% | 11.2% |
| Net margin | 6.1% | 3.9% | 1.1% | -11.6% | 5.2% | 5.8% | 1.1% | 5.8% |
Balance sheet
Fiscal years, from Cemex SAB de CV ADR's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $699M | $309M | $802M | $965M | $613M | $495M | $624M | $864M |
| Receivables | $1.6B | $1.5B | $1.5B | $1.5B | $1.5B | $1.6B | $1.8B | $1.6B |
| Inventory | $959M | $1.1B | $989M | $971M | $1.3B | $1.7B | $1.8B | $1.5B |
| Total current assets | $3.6B | $3.4B | $4.6B | $4.2B | $4.2B | $4.5B | $5.0B | $5.0B |
| Property, plant and equipment | $11.6B | $11.2B | $10.6B | $10.2B | $10.2B | $10.2B | $11.3B | $10.2B |
| Goodwill | $9.9B | $9.9B | $9.6B | $8.5B | $8.0B | $7.5B | $7.7B | $7.4B |
| Total assets | $29.9B | $29.2B | $29.4B | $27.4B | $26.6B | $26.4B | $28.4B | $27.3B |
| Total current liabilities | $5.9B | $4.8B | $5.4B | $5.4B | $5.4B | $5.5B | $6.8B | $6.1B |
| Long-term debt | $9.9B | $9.3B | $9.3B | $9.2B | $7.3B | $6.9B | $6.2B | $5.3B |
| Total liabilities | $19.3B | $18.1B | $18.5B | $18.5B | $16.4B | $15.5B | $16.3B | $14.8B |
| Shareholders' equity | $10.6B | $9.5B | $9.3B | $8.1B | $9.8B | $10.5B | $11.8B | $12.2B |
| Net debt | $10.1B | $9.0B | $8.6B | $8.4B | $6.8B | $6.5B | $5.6B | $4.7B |
Cash flow
Fiscal years, from Cemex SAB de CV ADR's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.8B | $1.6B | $1.4B | $1.6B | $1.8B | $1.4B | $2.2B | $1.9B |
| Capital spending | $653M | $788M | $767M | $591M | $968M | $906M | $1.1B | $1.3B |
| Free cash flow | $1.2B | $779M | $588M | $1.0B | $875M | $462M | $1.1B | $598M |
| Dividends paid | — | — | $150M | — | — | — | — | $90M |
| Share buybacks (net) | — | -$75M | -$50M | -$83M | $0 | -$111M | $0 | — |
| Net borrowing | — | -$420M | $47M | -$362M | -$1.9B | -$414M | -$902M | -$449M |
| Free cash flow margin | 9.2% | 5.8% | 4.5% | 7.9% | 6.1% | 3.1% | 6.9% | 3.7% |
| Dividends per share | — | — | $0.00 | — | — | — | — | $0.00 |
Questions
What was Cemex SAB de CV ADR's revenue in 2024?
$16.2B in fiscal 2024, from its 10-K filing.
How much free cash flow does Cemex SAB de CV ADR generate?
$598M in fiscal 2024 (operating cash flow minus capital spending).
From Cemex SAB de CV ADR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.