Cemex is building a global, low-carbon platform with strong pricing power and operational discipline. Margins remained solid in Q2 2025 despite weather impacts, weaker demand, and tough comps. Valuation remains disconnected from fundamentals, trading below 6x EV/EBITDA and under book value.
CEMEX, S.A.B. de C.V.'s Q2 '25 results reveal worsening volume declines in Mexico and the US, signaling a negative turn in the cement cycle. Despite resilient EBITDA margins, aggregate operating EBITDA fell 11% due to falling sales in core geographies. Management remains conservative on capital allocation, prioritizing ROIC and shareholder returns, with no aggressive growth or acquisitions planned.
CEMEX, S.A.B. de C.V. (NYSE:CX ) Q2 2025 Earnings Conference Call July 24, 2025 11:00 AM ET Company Participants Jaime Muguiro DomĂnguez - Chief Executive Officer Louisa Page Rodriguez - Executive Vice President of Investor Relations, Corporate Communications & Public Affairs Maher Al-Haffar - CFO and Executive VP of Finance & Administration Conference Call Participants Adrian Eugenio Huerta - JPMorgan Chase & Co, Research Division Alejandra Obregon Martinez - Morgan Stanley, Research Division Anne Jean Milne - BofA Securities, Research Division Benjamin M.
![]() CX 8 May 2024 | Other | kr2 Per Share |
![]() CX 5 May 2023 | Other | kr1.05 Per Share |
![]() CX 6 May 2022 | Other | kr1.5 Per Share |
7 May 2025 Date | | 0.8 Cons. EPS | 0.95 EPS |
27 Nov 2024 Date | | 0.53 Cons. EPS | 0.21 EPS |
3 May 2024 Date | | 1 Cons. EPS | 1 EPS |
7 Feb 2024 Date | | 0.96 Cons. EPS | 1.23 EPS |
27 Oct 2023 Date | | - Cons. EPS | - EPS |
![]() CX 8 May 2024 | Other | kr2 Per Share |
![]() CX 5 May 2023 | Other | kr1.05 Per Share |
![]() CX 6 May 2022 | Other | kr1.5 Per Share |
7 May 2025 Date | | 0.8 Cons. EPS | 0.95 EPS |
27 Nov 2024 Date | | 0.53 Cons. EPS | 0.21 EPS |
3 May 2024 Date | | 1 Cons. EPS | 1 EPS |
7 Feb 2024 Date | | 0.96 Cons. EPS | 1.23 EPS |
27 Oct 2023 Date | | - Cons. EPS | - EPS |
Construction Materials Industry | Basic Materials Sector | Jaime Muguiro DomĂnguez CEO | XSTO Exchange | SE0012065589 ISIN |
MX Country | 43,800 Employees | - Last Dividend | 3 May 2017 Last Split | - IPO Date |
CEMEX, S.A.B. de C.V., together with its subsidiaries, is a global leader in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services. Established in 1906, the company is headquartered in San Pedro Garza GarcĂa, Mexico, and operates worldwide, demonstrating a vast geographical presence in the construction material industry. CEMEX is dedicated to building better futures through sustainable products and initiatives, positioning itself as a key player in the global construction industry.
CEMEX provides a wide variety of construction materials and services, catering to diverse needs in the construction industry: