CX FY 2024 Earnings Report — CEMEX, S.A.B. de C.V. Revenue & Financial Results | Market Cap Arena

CEMEX, S.A.B. de C.V.CX

FY 2024 Earnings

Reported April 25, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$16.2B	—	$16.6B	—	-2.1%
Op. Income	$1.8B	—	$1.7B	—	4.2%
Gross Margin	33.6%	—	33.1%	—	0.5pp
Net Margin	5.8%	—	1.1%	—	4.7pp
EPS (Diluted)	$0.61	—	$0.12	—	408.3%
Free Cash Flow	$598M	—	$1.4B	—	-55.9%

Revenue Flow

Item	Amount
REVENUE	$16.2B
Cost of Revenue	$10.8B
GROSS PROFIT	$5.4B
R&D Expenses	$162M
Selling & Marketing	$0
General & Administrative	$1.5B
SG&A Expenses	$1.5B
Other Expenses	$2.0B
Operating Expenses	$3.6B
Cost & Expenses	$14.4B
OPERATING INCOME	$1.8B
Interest Income	$18M
Interest Expense	$595M
Other Income/Expenses	-$841M
INCOME BEFORE TAX	$980M
Income Tax Expense	$67M
Net Income from Continuing Ops	$913M
Net Income from Discontinued Ops	$47M
Other Adjustments	$0
NET INCOME	$939M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$892M
D&A	$1.3B
EBIT	$1.6B
EBITDA	$2.8B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$16.2B
Cost of Revenue	$10.8B
GROSS PROFIT	$5.4B
R&D Expenses	$162M
Selling & Marketing	$0
General & Administrative	$1.5B
SG&A Expenses	$1.5B
Other Expenses	$2.0B
Operating Expenses	$3.6B
Cost & Expenses	$14.4B
OPERATING INCOME	$1.8B
Interest Income	$18M
Interest Expense	$595M
Other Income/Expenses	-$841M
INCOME BEFORE TAX	$980M
Income Tax Expense	$67M
Net Income from Continuing Ops	$913M
Net Income from Discontinued Ops	$47M
Other Adjustments	$0
NET INCOME	$939M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$892M
D&A	$1.3B
EBIT	$1.6B
EBITDA	$2.8B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$939M
Depreciation & Amortization	$1.3B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$526M
Change in Working Capital	$231M
OPERATING CASH FLOW	$1.9B
Capital Expenditure	-$1.3B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$968M
NET CASH FROM INVESTING	-$328M
Net Debt Issuance	-$929M
Common Stock Repurchased	$0
Common Dividends Paid	-$90M
Other Financing Activities	-$91M
NET CASH FROM FINANCING	-$1.3B
FREE CASH FLOW	$598M
Net Change in Cash	$240M

Balance Sheet

Item	Amount
Cash & Equivalents	$864M
Short-Term Investments	$0
Net Receivables	$1.8B
Inventory	$1.5B
Other Current Assets	$370M
TOTAL CURRENT ASSETS	$5.0B
PP&E (Net)	$11.2B
Goodwill	$7.4B
Intangible Assets	$1.9B
Long-Term Investments	$758M
Tax Assets	$673M
Other Non-Current Assets	$251M
TOTAL NON-CURRENT ASSETS	$22.3B
TOTAL ASSETS	$27.3B
Account Payables	$3.1B
Short-Term Debt	$847M
Deferred Revenue	$269M
Other Current Liabilities	$465M
TOTAL CURRENT LIABILITIES	$6.1B
Long-Term Debt	$5.3B
Deferred Revenue NC	$17M
Deferred Tax Liabilities	$548M
Other Non-Current Liabilities	$1.9B
TOTAL NON-CURRENT LIABILITIES	$8.7B
TOTAL LIABILITIES	$14.8B
Common Stock	$318M
Additional Paid-In Capital	$7.4B
Retained Earnings	$5.2B
Treasury Stock	$0
Accum. Other Comp. Income	-$770M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$12.2B
Minority Interest	$301M
TOTAL EQUITY	$12.5B
TOTAL LIABILITIES & EQUITY	$27.3B
Total Debt	$7.4B
Net Debt	$6.5B