America Movil, S.A.B. de C.V (AMX) Key Metrics
AMX key metrics, 2016–2025
Fiscal year ended December 31, 2025 · Mexican pesosAMX returns How much profit the business earns on the capital it uses.
AMX financial health Debt, liquidity and how easily interest is covered.
AMX efficiency & capital use Working capital cycle and where the cash goes.
AMX returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
AMX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
AMX cash returned to shareholders
AMX key metrics in Mexican pesos
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 21.2% | 7.7% | 18.9% | 18.5% | 5.1% | 16.2% | 28.7% | 17.5% | 9.8% | 4.5% |
| Return on invested capital (ROIC) | 10.0% | 9.7% | 13.4% | 12.3% | 12.6% | 11.7% | 9.1% | 7.9% | 7.7% | 7.0% |
| Return on assets (ROA) | 4.3% | 1.7% | 4.8% | 5.0% | 1.2% | 3.0% | 4.5% | 3.1% | 1.9% | 0.6% |
| Return on tangible assets | 5.2% | 1.9% | 5.9% | 6.1% | 1.4% | 3.6% | 5.2% | 3.9% | 2.3% | 0.7% |
| Free cash flow margin | 13.6% | 14.5% | 11.2% | 0.5% | 0.7% | 1.1% | 0.6% | 9.4% | 7.9% | 8.3% |
| Income quality (OCF / net income) | 2.94 | 8.45 | 3.26 | 0.14 | 0.65 | 0.30 | 0.18 | 5.44 | 7.43 | 27.26 |
| Financial health | ||||||||||
| Total debt | MX$918.75B | MX$780.72B | MX$625.85B | MX$542.71B | MX$662.60B | MX$737.71B | MX$744.85B | MX$638.92B | MX$697.89B | MX$707.80B |
| Cash & short-term investments | MX$35.01B | MX$83.35B | MX$100.35B | MX$124.73B | MX$156.38B | MX$90.55B | MX$67.46B | MX$60.69B | MX$83.39B | MX$78.08B |
| Net debt | MX$883.74B | MX$697.37B | MX$525.49B | MX$417.98B | MX$506.22B | MX$647.16B | MX$677.39B | MX$578.23B | MX$614.49B | MX$629.73B |
| Debt / equity | 2.53 | 2.12 | 1.71 | 1.24 | 1.45 | 2.44 | 2.70 | 3.26 | 2.13 | 2.61 |
| Debt / assets | 0.51 | 0.44 | 0.40 | 0.34 | 0.39 | 0.47 | 0.47 | 0.45 | 0.45 | 0.47 |
| Net debt / EBITDA | 2.35 | 2.03 | 1.75 | 1.21 | 1.63 | 2.11 | 2.34 | 2.13 | 2.35 | 2.53 |
| Current ratio | 0.74 | 0.72 | 0.65 | 0.74 | 0.76 | 0.70 | 0.63 | 0.75 | 0.83 | 0.73 |
| Quick ratio | 0.68 | 0.67 | 0.61 | 0.69 | 0.72 | 0.64 | 0.55 | 0.66 | 0.73 | 0.65 |
| Interest coverage | 2.5 | 3.8 | 3.8 | 2.4 | 5.2 | 3.8 | 3.3 | 6.4 | 4.3 | 2.7 |
| Working capital | −MX$130.28B | −MX$140.70B | −MX$184.24B | −MX$127.87B | −MX$124.63B | −MX$147.09B | −MX$194.56B | −MX$118.04B | −MX$71.10B | −MX$130.12B |
| Invested capital | MX$1.25T | MX$1.07T | MX$892.21B | MX$855.81B | MX$963.86B | MX$949.68B | MX$953.29B | MX$774.23B | MX$941.60B | MX$900.75B |
| Tangible asset value | MX$131.18B | MX$133.61B | MX$154.12B | MX$167.81B | MX$177.84B | MX$26.02B | −MX$2.17B | −MX$21.83B | MX$52.40B | −MX$10.21B |
| Net current asset value | −MX$1.01T | −MX$1.01T | −MX$802.32B | −MX$819.27B | −MX$826.23B | −MX$919.78B | −MX$974.18B | −MX$834.30B | −MX$883.34B | −MX$901.79B |
| Capital allocation | ||||||||||
| Dividends paid | MX$31.10B | MX$31.01B | MX$30.47B | MX$1.52B | MX$1.36B | MX$482.4M | MX$1.28B | MX$22.37B | MX$16.09B | MX$13.81B |
| Share buybacks (net) | MX$11.20B | MX$22.75B | MX$14.33B | MX$1.34B | MX$1.79B | MX$255.3M | MX$23.0M | MX$511.4M | MX$1.23B | MX$7.02B |
| Dividend payout ratio | 40.0% | 109.5% | 40.0% | 1.8% | 7.0% | 1.0% | 1.9% | 49.0% | 54.9% | 159.7% |
| Dividends + buybacks / free cash flow | 35.1% | 42.6% | 48.8% | 70.4% | 55.0% | 8.4% | 24.3% | 23.7% | 21.4% | 25.8% |
| Capex / revenue | 12.1% | 13.0% | 19.2% | 0.9% | 0.8% | 0.7% | 0.8% | 14.8% | 13.4% | 15.9% |
| Capex / operating cash flow | 47.1% | 47.2% | 63.0% | 64.9% | 54.5% | 37.6% | 56.7% | 61.1% | 62.8% | 65.7% |
| Capex / depreciation | 0.63 | 0.69 | 1.03 | 0.94 | 0.92 | 0.70 | 0.86 | 0.98 | 0.85 | 1.04 |
| Stock-based compensation / revenue | — | 0.4% | 0.5% | −5.4% | — | — | — | — | — | — |
| SG&A / revenue | 23.4% | 7.4% | 22.9% | 7.3% | 22.7% | 24.2% | 24.3% | 25.9% | 25.9% | 24.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 96.0 | 90.4 | 91.6 | 89.5 | 91.7 | 96.1 | 84.3 | 68.4 | 73.2 | 58.0 |
| Days of inventory on hand | 18.8 | 15.9 | 25.0 | 18.0 | 29.2 | 40.3 | 42.6 | 28.8 | 27.8 | 27.3 |
| Days payables outstanding | 46.8 | 49.9 | 160.7 | 173.3 | 257.8 | 281.3 | 206.1 | 149.9 | 225.7 | 162.3 |
| Cash conversion cycle (days) | 68.0 | 56.3 | -44.2 | -65.8 | -136.8 | -144.9 | -79.2 | -52.7 | -124.7 | -77.1 |
| Receivables turnover | 3.80 | 4.04 | 3.98 | 4.08 | 3.98 | 3.80 | 4.33 | 5.33 | 4.99 | 6.30 |
| Payables turnover | 7.80 | 7.31 | 2.27 | 2.11 | 1.42 | 1.30 | 1.77 | 2.44 | 1.62 | 2.25 |
| Inventory turnover | 19.39 | 23.03 | 14.63 | 20.31 | 12.50 | 9.05 | 8.57 | 12.69 | 13.12 | 13.39 |
| Asset turnover | 0.49 | 0.52 | 0.51 | 0.51 | 0.53 | 0.52 | 0.57 | 0.69 | 0.67 | 0.69 |
| Average receivables | MX$232.77B | MX$215.20B | MX$204.79B | MX$207.03B | MX$215.01B | MX$214.61B | MX$196.65B | MX$191.80B | MX$204.84B | MX$154.91B |
| Average payables | MX$64.73B | MX$67.72B | MX$139.37B | MX$232.24B | MX$240.86B | MX$249.28B | MX$196.97B | MX$206.20B | MX$306.88B | MX$215.69B |
| Average inventory | MX$26.05B | MX$21.51B | MX$21.63B | MX$24.09B | MX$27.28B | MX$35.74B | MX$40.70B | MX$39.56B | MX$37.84B | MX$36.22B |
| Intangibles / total assets | 16.5% | 16.6% | 17.1% | 16.7% | 16.6% | 17.6% | 17.6% | 18.7% | 17.7% | 18.6% |
Computed from AMX's annual financial statements (latest annual report filed April 28, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Mexican pesos; data from EODHD. Averages use the opening and closing balance of each year.
AMX valuation and financial ratios
America Movil, S.A.B. de C.V earned a return on equity of 21.2% and a return on invested capital of 10.0% in fiscal 2025. It ended the year with MX$918.8 billion of debt and MX$35.0 billion in cash and short-term investments, net debt of MX$883.7 billion. It returned MX$42.3 billion to shareholders: MX$31.1 billion in dividends and MX$11.2 billion in share buybacks, 35% of free cash flow.
See the AMX income statement, the AMX chart for price history, or the AMX stock overview for the latest quote and news.
AMX key metrics FAQ
What is America Movil, S.A.B. de C.V's return on equity?
America Movil, S.A.B. de C.V's return on equity (ROE) was 21.2% in fiscal 2025: net income of MX$77.7 billion on average shareholders' equity of MX$365.9 billion.
What is America Movil, S.A.B. de C.V's ROIC?
America Movil, S.A.B. de C.V's return on invested capital was 10.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does America Movil, S.A.B. de C.V have?
America Movil, S.A.B. de C.V had total debt of MX$918.8 billion at the end of fiscal 2025, a debt-to-equity ratio of 2.53 and MX$883.7 billion of net debt (2.35 times EBITDA).
Does America Movil, S.A.B. de C.V buy back its shares?
Yes. America Movil, S.A.B. de C.V spent MX$11.2 billion on net share repurchases in fiscal 2025.
What is America Movil, S.A.B. de C.V's current ratio?
America Movil, S.A.B. de C.V's current ratio was 0.74 at the end of fiscal 2025: current assets were 0.74 times current liabilities.