CEMEX, S.A.B. de C.V. (CX) Key Metrics
CX valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $14.79B
- Enterprise value
- $20.07B
- P/E (TTM)
- 85.4 10-yr median 28.2
- Forward P/E
- 10.7
- PEG ratio
- 0.11
- Price / sales
- 0.9 10-yr median 0.6
- Price / book
- 1.1 10-yr median 1.0
- EV / EBITDA
- 7.2 10-yr median 7.6
- Dividend yield
- 1.17% $0.12 a year
- Beta
- 0.81
CX key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCX returns How much profit the business earns on the capital it uses.
Return on equity−0.3 pts
7.5%
2025 · hover or tap a bar for each year
20162025
Return on invested capital−4.1 pts
4.8%
2025 · hover or tap a bar for each year
20162025
Return on assets0.0 pts
3.4%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin+2.5 pts
6.3%
2025 · hover or tap a bar for each year
20162025
Cash conversion (OCF / net income)+6.6%
2.15
2025 · hover or tap a bar for each year
20162025
Asset turnover−0.5%
0.57
2025 · hover or tap a bar for each year
20162025
CX financial health Debt, liquidity and how easily interest is covered.
Debt / equity−4.9%
0.57
2025 · hover or tap a bar for each year
20162025
Net debt−$667.8M
$5.83B
2025 · hover or tap a bar for each year
20162025
Net debt / EBITDA−0.05
2.26
2025 · hover or tap a bar for each year
20162025
Current ratio+0.3%
0.83
2025 · hover or tap a bar for each year
20162025
Interest coverage+7.4%
3.3
2025 · hover or tap a bar for each year
20162025
Debt / assets−2.0%
0.26
2025 · hover or tap a bar for each year
20162025
CX efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding+2 days
49 days
2025 · hover or tap a bar for each year
20162025
Days of inventory−5 days
51 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding−2 days
105 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle−2 days
-4 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue−1.5 pts
6.5%
2025 · hover or tap a bar for each year
20162025
Dividends + buybacks / FCF−26.3 pts
12.7%
2025 · hover or tap a bar for each year
20162025
CX valuation history
Fiscal year-endToday10-year median
CX returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CX debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CX cash returned to shareholders
DividendsBuybacksFree cash flow
CX price vs earnings per share
Share price at year-endEPS (right axis)
CX key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | — | $8.28B | $11.40B | $5.99B | $10.14B | $7.73B | $5.96B | $7.71B | $12.11B | $12.72B |
| Enterprise value | — | $14.78B | $18.94B | $14.32B | $18.68B | $17.97B | $16.99B | $18.44B | $23.14B | $26.12B |
| P/E ratio | — | 8.8 | 62.6 | 7.0 | 13.5 | — | 41.7 | 14.6 | 303.7 | 389.7 |
| Price / sales | — | 0.5 | 0.7 | 0.4 | 0.7 | 0.6 | 0.5 | 0.6 | 18.6 | 21.9 |
| Price / book | — | 0.7 | 1.0 | 0.6 | 1.0 | 1.0 | 0.6 | 0.7 | 1.3 | 1.6 |
| Price / free cash flow | — | 13.9 | 8.4 | 9.8 | 11.8 | 7.3 | 10.2 | 13.4 | 12.7 | 8.0 |
| Price / operating cash flow | — | 4.4 | 5.1 | 4.4 | 5.5 | 4.9 | 4.4 | 5.7 | 7.6 | 6.7 |
| EV / sales | — | 0.9 | 1.2 | 1.0 | 1.3 | 1.4 | 1.3 | 1.4 | 35.6 | 45.0 |
| EV / EBITDA | — | 5.3 | 6.2 | 6.6 | 7.0 | 30.2 | 8.4 | 7.6 | 24.8 | 30.3 |
| EV / free cash flow | — | 24.7 | 14.0 | 23.4 | 21.7 | 17.0 | 29.0 | 32.1 | 24.2 | 16.3 |
| Earnings yield | — | 11.3% | 1.6% | 14.3% | 7.4% | −19.0% | 2.4% | 6.8% | 0.3% | 0.3% |
| Free cash flow yield | — | 7.2% | 11.9% | 10.2% | 8.5% | 13.7% | 9.8% | 7.4% | 7.9% | 12.6% |
| Dividend yield | — | 2.8% | 1.1% | 0.9% | 0.2% | 0.3% | 2.5% | 1.9% | 0.1% | 1.2% |
| Shareholder yield (dividends + buybacks) | — | 2.8% | 7.8% | 2.7% | 0.2% | 1.4% | 3.4% | 2.9% | 0.1% | 1.2% |
| Share price at fiscal year-end | $11.49 | $5.64 | $7.75 | $4.05 | $6.78 | $5.17 | $3.78 | $4.82 | $7.50 | $7.72 |
| Per share | ||||||||||
| Revenue per share | — | $10.94 | $11.16 | $9.95 | $9.62 | $8.47 | $8.22 | $8.45 | $0.40 | $0.35 |
| Earnings per share | — | $0.64 | $0.12 | $0.58 | $0.50 | −$0.98 | $0.09 | $0.33 | $0.02 | $0.02 |
| Operating cash flow per share | — | $1.29 | $1.51 | $0.93 | $1.24 | $1.07 | $0.86 | $0.84 | $0.98 | $1.14 |
| Free cash flow per share | — | $0.41 | $0.92 | $0.41 | $0.58 | $0.71 | $0.37 | $0.36 | $0.59 | $0.97 |
| Cash per share | — | $0.59 | $0.42 | $0.33 | $0.41 | $0.64 | $0.50 | $0.19 | $0.43 | $0.34 |
| Book value per share | — | $8.29 | $8.00 | $7.10 | $6.57 | $5.40 | $5.89 | $6.98 | $5.57 | $4.80 |
| Tangible book value per share | — | $1.92 | $1.55 | $0.82 | $0.04 | −$1.46 | −$1.45 | −$0.46 | −$1.86 | −$2.49 |
| Dividends per share | — | $0.16 | $0.08 | $0.03 | $0.02 | $0.02 | $0.10 | $0.09 | $0.00 | $0.09 |
| Capex per share | — | $0.88 | $0.59 | $0.51 | $0.66 | $0.36 | $0.49 | $0.49 | $0.39 | $0.17 |
| Debt per share | — | $5.01 | $5.55 | $5.97 | $6.12 | $7.48 | $7.49 | $6.90 | $7.27 | $8.48 |
| Shares outstanding | — | 1.47B | 1.47B | 1.48B | 1.50B | 1.50B | 1.58B | 1.60B | 1.61B | 1.65B |
| Change in shares outstanding | — | −0.1% | −0.5% | −1.1% | −0.0% | −5.2% | −1.4% | −0.9% | −2.0% | +0.9% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 7.5% | 7.8% | 1.6% | 8.4% | 8.4% | −16.9% | 1.4% | 5.2% | 0.5% | 0.4% |
| Return on invested capital (ROIC) | 4.8% | 9.0% | 5.1% | 5.2% | 7.6% | −1.9% | 2.3% | 4.6% | 0.4% | 0.3% |
| Return on assets (ROA) | 3.4% | 3.4% | 0.7% | 3.1% | 2.7% | −5.1% | 0.5% | 1.8% | 0.1% | 0.1% |
| Return on tangible assets | 4.8% | 5.2% | 1.0% | 4.7% | 4.2% | −8.2% | 0.8% | 3.3% | 0.2% | 0.2% |
| Free cash flow margin | 6.3% | 3.7% | 8.3% | 4.2% | 6.0% | 8.3% | 4.5% | 4.2% | 146.7% | 275.7% |
| Income quality (OCF / net income) | 2.15 | 2.02 | 12.21 | 1.59 | 2.46 | — | 9.46 | 2.56 | 39.73 | 57.79 |
| Financial health | ||||||||||
| Total debt | $7.65B | $7.36B | $8.16B | $8.82B | $9.16B | $11.19B | $11.81B | $11.04B | $11.74B | $13.97B |
| Cash & short-term investments | $1.82B | $864.0M | $624.0M | $495.0M | $613.0M | $950.0M | $788.0M | $308.8M | $702.3M | $563.8M |
| Net debt | $5.83B | $6.49B | $7.54B | $8.33B | $8.54B | $10.23B | $11.03B | $10.73B | $11.03B | $13.40B |
| Debt / equity | 0.57 | 0.60 | 0.69 | 0.84 | 0.93 | 1.39 | 1.27 | 0.99 | 1.30 | 1.76 |
| Debt / assets | 0.26 | 0.27 | 0.29 | 0.32 | 0.33 | 0.40 | 0.40 | 0.39 | 0.40 | 0.48 |
| Net debt / EBITDA | 2.26 | 2.31 | 2.45 | 3.83 | 3.19 | 17.20 | 5.44 | 4.43 | 11.82 | 15.54 |
| Current ratio | 0.83 | 0.82 | 0.74 | 0.82 | 0.79 | 0.79 | 0.85 | 0.75 | 0.64 | 1.08 |
| Quick ratio | 0.62 | 0.58 | 0.47 | 0.49 | 0.53 | 0.59 | 0.66 | 0.51 | 0.47 | 0.86 |
| Interest coverage | 3.3 | 3.1 | 3.6 | 3.4 | 2.5 | -0.6 | 1.4 | 1.9 | 0.1 | 0.1 |
| Working capital | −$1.29B | −$1.08B | −$1.78B | −$1.02B | −$1.16B | −$1.12B | −$830.0M | −$1.16B | −$2.09B | $312.5M |
| Invested capital | $19.14B | $18.67B | $19.30B | $18.83B | $18.37B | $18.31B | $20.32B | $21.90B | $20.04B | $21.31B |
| Tangible asset value | $4.46B | $3.12B | $2.63B | $1.62B | $508.0M | −$1.30B | −$791.0M | −$729.5M | −$1.43B | −$3.14B |
| Net current asset value | −$9.25B | −$9.81B | −$11.31B | −$12.06B | −$13.20B | −$14.88B | −$13.98B | −$13.53B | −$14.78B | −$15.94B |
| Graham number | — | $10.92 | $4.72 | $9.63 | $8.63 | — | $3.47 | $7.20 | $1.76 | $1.46 |
| Graham net-net per share | — | −$8.08 | −$8.84 | −$9.34 | −$9.93 | −$10.77 | −$10.08 | −$9.22 | −$9.84 | −$10.89 |
| Capital allocation | ||||||||||
| Dividends paid | $127.9M | $233.0M | $120.0M | $51.0M | $24.0M | $24.0M | $150.0M | $150.0M | $7.6M | $150.0M |
| Share buybacks (net) | $0 | $0 | $764.1M | $111.0M | $0 | $83.0M | $50.0M | $75.0M | $2.6M | $0 |
| Dividend payout ratio | 13.3% | 24.8% | 65.9% | 5.9% | 3.2% | — | 104.9% | 28.4% | 19.1% | 459.6% |
| Dividends + buybacks / free cash flow | 12.7% | 39.0% | 65.2% | 26.4% | 2.8% | 10.1% | 34.1% | 39.2% | 1.1% | 9.4% |
| Capex / revenue | 6.5% | 8.1% | 5.3% | 5.1% | 6.9% | 4.2% | 5.9% | 5.7% | 96.7% | 49.3% |
| Capex / operating cash flow | 51.1% | 68.4% | 38.9% | 55.2% | 53.5% | 33.8% | 56.7% | 57.5% | 39.7% | 15.2% |
| Capex / depreciation | 0.82 | 1.05 | 0.74 | 0.70 | 0.88 | 0.49 | 0.73 | 0.79 | 0.74 | 0.37 |
| Stock-based compensation / revenue | — | 0.3% | 0.4% | 0.4% | −5.6% | 0.2% | −6.4% | −6.2% | −174.2% | −186.4% |
| R&D / revenue | — | 1.0% | 0.9% | 0.3% | 0.3% | 6.1% | 0.3% | — | — | — |
| SG&A / revenue | 9.7% | 9.1% | 8.8% | 8.1% | 20.6% | 22.6% | 23.2% | 22.0% | 21.9% | 21.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 49.3 | 47.7 | 47.2 | 43.8 | 46.9 | 55.5 | 51.2 | 48.6 | 991.5 | 1,131.2 |
| Days of inventory on hand | 50.7 | 56.1 | 60.0 | 56.7 | 46.5 | 44.1 | 43.4 | 42.2 | 798.2 | 934.2 |
| Days payables outstanding | 104.5 | 106.2 | 102.0 | 102.3 | 99.9 | 108.3 | 106.0 | 101.2 | 1,876.8 | 1,776.0 |
| Cash conversion cycle (days) | -4.5 | -2.4 | 5.1 | -1.8 | -6.6 | -8.6 | -11.5 | -10.4 | -87.1 | 289.4 |
| Receivables turnover | 7.40 | 7.65 | 7.74 | 8.34 | 7.79 | 6.57 | 7.13 | 7.50 | 0.37 | 0.32 |
| Payables turnover | 3.49 | 3.44 | 3.58 | 3.57 | 3.65 | 3.37 | 3.44 | 3.61 | 0.19 | 0.21 |
| Inventory turnover | 7.20 | 6.51 | 6.09 | 6.44 | 7.86 | 8.27 | 8.42 | 8.66 | 0.46 | 0.39 |
| Asset turnover | 0.57 | 0.58 | 0.59 | 0.53 | 0.52 | 0.44 | 0.45 | 0.47 | 0.02 | 0.02 |
| Average receivables | $2.18B | $2.10B | $2.12B | $1.76B | $1.85B | $1.93B | $1.82B | $1.80B | $1.77B | $1.80B |
| Average payables | $3.10B | $3.10B | $3.04B | $2.86B | $2.67B | $2.55B | $2.53B | $2.45B | $2.17B | $1.81B |
| Average inventory | $1.50B | $1.64B | $1.79B | $1.59B | $1.24B | $1.04B | $1.04B | $1.02B | $921.0M | $952.1M |
| Intangibles / total assets | 31.6% | 34.3% | 33.4% | 33.8% | 35.3% | 36.5% | 39.5% | 42.3% | 41.4% | 41.3% |
Computed from CX's annual financial statements (latest annual report filed April 24, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CX valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 85.4 and the forward P/E is 10.7. CEMEX, S.A.B. de C.V. earned a return on equity of 7.5% and a return on invested capital of 4.8% in fiscal 2025. It ended the year with $7.6 billion of debt and $1.8 billion in cash and short-term investments, net debt of $5.8 billion. It returned $127.9 million to shareholders: $127.9 million in dividends and $0 in share buybacks, 13% of free cash flow.
See the CX income statement, the CX chart for price history, or the CX stock overview for the latest quote and news.
CX key metrics FAQ
What is CEMEX, S.A.B. de C.V.'s P/E ratio?
CEMEX, S.A.B. de C.V.'s trailing P/E ratio is 85.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 10.7. At the end of fiscal 2025 it was —, compared with a 10-year median of 28.2.
What is CEMEX, S.A.B. de C.V.'s return on equity?
CEMEX, S.A.B. de C.V.'s return on equity (ROE) was 7.5% in fiscal 2025: net income of $960.0 million on average shareholders' equity of $12.7 billion.
What is CEMEX, S.A.B. de C.V.'s ROIC?
CEMEX, S.A.B. de C.V.'s return on invested capital was 4.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does CEMEX, S.A.B. de C.V. have?
CEMEX, S.A.B. de C.V. had total debt of $7.6 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.57 and $5.8 billion of net debt (2.26 times EBITDA).
What is CEMEX, S.A.B. de C.V.'s current ratio?
CEMEX, S.A.B. de C.V.'s current ratio was 0.83 at the end of fiscal 2025: current assets were 0.83 times current liabilities.