Company Analysis

Cemex S.A.B. de C.V. (CX)

NYSE: CX · Cement, Hydraulic · Monterrey, Nuevo Leon, MX · filing with the SEC since 2000
Grade5.2
◀ Past 5.1● Present 5.3▶ Future 5.1
1 est.

The grade of Cemex S.A.B. de C.V.

Nine metrics read from its own filings, by tense
Headline grade
5.2/10
◀ Past5.130% of the headline
● Present5.340% of the headline
▶ Future5.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.1/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.3/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 73rd percentile among 15 sector filers · read for itself

From the record

Cemex S.A.B. de C.V.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.8/10

What has it actually done, year after year?

+3.3% a year over 8 filed years; profitable in 7 of 8.

weight 45% of this tense · 38th percentile among 14 sector filers · read for its customers

From the record

Cemex S.A.B. de C.V.'s 8 filed years say what it did: revenue went from $13 billion in fiscal 2017 to $16 billion in fiscal 2024, up 3.3% a year; it rose in 4 of 7 years; the deepest fall was 6% from fiscal 2018 to fiscal 2020; net income was positive in 7 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span3.3%bottom 32% of its family
  • the share of years revenue rosebottom 25% of its family
  • the share of filed years with a profitbottom 32% of its family
  • the deepest fall from a revenue peak6.4%top 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
4.4/10

How has it treated the people who own it?

Share count shrank 0.6% a year. 4% of cash flow returned. Insiders: 3 sales, 1 purchases.

weight 22% of this tense · 44th percentile among 13 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2024-12-31, Cemex S.A.B. de C.V.'s diluted share count shrank about 0.6% a year, and dividends and buybacks returned about 4% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 3 sales and 1 purchase of their own stock on the open market in the year to 2026-10-14, buying about $7 million (their Form 4 filings).

What it rests on

  • the share count over the yearstop 46% of its family
  • cash returned against operating cash flowbottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.3/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
5.0/10

Is it financially healthy right now?

ROE 8%: 8¢ of profit per shareholder dollar. Leverage 54%: owes 54¢ per asset dollar.

weight 45% of this tense · 50th percentile among 14 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2024-12-31, Cemex S.A.B. de C.V. earned about 8 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 20 cents per dollar of everything the company owns. Leverage: it owed about 54 cents per dollar of assets, and net share issuance: its share count shrank 0.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 46% of its family
  • return on equitybottom 39% of its family
  • gross profit against assetstop 46% of its family
  • the share count against the year beforetop 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.0/10

How strong is its position in its industry?

top 40% of 14 in its family; net margin 5.9%.

weight 33% of this tense · 60th percentile among 14 sector filers · read for its customers

From the record

Cemex S.A.B. de C.V.'s standing among 14 graded names in its industry family: revenue of $16 billion in fiscal 2024 ranks in the top 12% by size; a net margin of 5.9% ranks in the bottom 46%; revenue growth of 4.1% a year over the last 3 filed years ranks in the bottom 46% (its annual reports).

What it rests on

  • revenue against the family$16.20Btop 12% of its family
  • net margin5.9%bottom 46% of its family
  • three-year revenue growth4.1%bottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 9 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-13 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 9 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-13 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 9 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Cemex S.A.B. de C.V.'s leadership is put at 5.0 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-13 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 9 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.4/10

How much room does it have to grow?

top 46% of 14 in its family for room to expand.

weight 45% of this tense · 54th percentile among 14 sector filers · read for itself

From the record

Cemex S.A.B. de C.V.'s room to grow, from the newest filed statements (fiscal 2024): cash of $864 million against debt of $5.5 billion leaves -17.1% of its assets as net cash, bottom 46% of its family; cash from operations less capital spending is 5.5% of revenue (bottom 46%); a gross margin of 33.6% (top 32%) (its annual report).

What it rests on

  • cash less debt against assets-17.1%bottom 46% of its family
  • cash from operations less capital spending against revenue5.5%bottom 46% of its family
  • gross margin33.6%top 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.6/10

What could actually drive growth from here?

bottom 46% of 14 in its family for growth drivers.

weight 33% of this tense · 46th percentile among 14 sector filers · read for its customers

From the record

Cemex S.A.B. de C.V.'s growth drivers, from the filed years to fiscal 2024: revenue grew 4.1% a year over the last three filed years against 3.3% over all 8, speeding up (top 18% of its family); the newest year grew -2.1% (bottom 18%); capital spending grew 8.8% a year (bottom 39%) (its annual reports). Cemex S.A.B. de C.V. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.8 points a yeartop 18% of its family
  • the newest year's revenue growth-2.1%bottom 18% of its family
  • three-year growth of capital spending8.8%bottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.3/10

Did its newest year beat what its own record pointed to?

top 47% of 13 in its family for expectations against reality.

weight 22% of this tense · 53rd percentile among 13 sector filers · read for its shareholders

From the record

Cemex S.A.B. de C.V.'s newest year against its own record: revenue of $16 billion in fiscal 2024 came in 8.8% below the $18 billion its prior three years' pace pointed to (bottom 12% of its family); net income of $960 million against a prior three-year average of $621 million (top 27%); a net margin of 5.9% against 4.2% before (top 27%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-8.8%bottom 12% of its family
  • net income against the prior three years' average+55%top 27% of its family
  • net margin against its prior average+1.7 pointstop 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CX · research, not advice