CEMEX SAB DE CV
CX, CXMSF · Cement, Hydraulic · EDGAR filings ↗
Reference price $12.16 — last insider sale, 2026-04-28 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
C68Large global cement franchise with strong cash flow but cyclical, mid-tier returns and emerging-market governance overhang.
Strengths
- Scaled #1/#2 positions with top-decile FCF ($894M, 89.3rd) and a 382% net-income rebound (94.3rd)
- Healthy operating margin (71.3rd) and ROIC (65.2nd)
Risks
- Modest returns (ROE 7.7%, 54.8th; ROA 3.5%) and -2% revenue with a 2025 goodwill impairment
- Mexican-governance/voting limitations, cyclicality and weak liquidity (current ratio 0.82)
Notable findings
- Weak liquidityCurrent ratio 0.82 (<1)
- Strong balance sheetStrong balance sheet — $864M cash & investments
- Insider sellingInsider selling — 1 open-market sale(s) by 1 insider(s) (~$425,600, last 6mo) Form 4 ↗
Key metrics
Gross margin
33.6%
Operating margin
11.2%
Net margin
5.9%
Return on equity
7.7%
Return on assets
3.5%
ROIC
8.0%
Revenue growth (QoQ)
-2.1%
Net-income growth
382.4%
Debt / equity
0.4×
Current ratio
0.8×
Free cash flow
$894M
Tangible book value
$5.0B
Cash & investments
$864M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Rodriguez Louisa | Tax withheld | 18K | $12.25 |
| 2026-06-15 | Rodriguez Louisa | Grant | 32K | — |
| 2026-06-15 | Doehner Cobian Mauricio | Grant | 36K | — |
| 2026-06-15 | Cabrera Guerra Jose Antonio | Tax withheld | 5.4K | $12.25 |
| 2026-06-15 | Cabrera Guerra Jose Antonio | Grant | 13K | — |
| 2026-06-15 | Ramirez Cantu Alejandro Alberto | Tax withheld | 16K | $12.25 |
| 2026-06-15 | Ramirez Cantu Alejandro Alberto | Grant | 30K | — |
| 2026-06-15 | Echavez Hernandez Luis | Tax withheld | 36K | $12.25 |
| 2026-06-15 | Elizondo de la Garza Oscar Balmore | Tax withheld | 7.7K | $12.25 |
| 2026-06-15 | Echavez Hernandez Luis | Grant | 82K | — |
| 2026-06-15 | Gonzalez Herrera Jesus Vicente | Tax withheld | 35K | $12.25 |
| 2026-06-15 | Gonzalez Herrera Jesus Vicente | Grant | 71K | — |
| 2026-06-15 | Elizondo de la Garza Oscar Balmore | Grant | 17K | — |
| 2026-06-15 | Doehner Cobian Mauricio | Tax withheld | 16K | $12.25 |
| 2026-06-15 | Naya Barba Ricardo | Tax withheld | 32K | $12.25 |
| 2026-06-15 | Naya Barba Ricardo | Grant | 74K | — |
| 2026-06-15 | Menendez Sergio Mauricio | Tax withheld | 33K | $12.25 |
| 2026-06-15 | Menendez Sergio Mauricio | Grant | 75K | — |
| 2026-06-12 | Saldana Madero Roger | Tax withheld | 14K | $12.25 |
| 2026-06-12 | Gonzalez Flores Jose Antonio | Tax withheld | 33K | $12.25 |
| 2026-06-12 | Gonzalez Flores Jose Antonio | Grant | 76K | — |
| 2026-06-12 | Zambrano Lozano Rogelio | Tax withheld | 89K | $12.25 |
| 2026-06-12 | Zambrano Lozano Rogelio | Grant | 204K | — |
| 2026-06-12 | Muguiro Dominguez Jaime | Tax withheld | 54K | $12.25 |
| 2026-06-12 | Muguiro Dominguez Jaime | Grant | 72K | — |
| 2026-06-12 | Al Haffar Maher | Tax withheld | 52K | $12.25 |
| 2026-06-12 | Al Haffar Maher | Grant | 80K | — |
| 2026-06-12 | Saldana Madero Roger | Grant | 32K | — |
| 2026-05-01 | Doehner Cobian Mauricio | Grant | 38K | — |
| 2026-05-01 | Elizondo de la Garza Oscar Balmore | Grant | 20K | — |
| 2026-05-01 | Cabrera Guerra Jose Antonio | Grant | 39K | — |
| 2026-05-01 | Ramirez Cantu Alejandro Alberto | Grant | 50K | — |
| 2026-05-01 | Zambrano Lozano Rogelio | Grant | 206K | — |
| 2026-05-01 | Echavez Hernandez Luis | Grant | 81K | — |
| 2026-05-01 | Gonzalez Herrera Jesus Vicente | Grant | 74K | — |
| 2026-05-01 | Gonzalez Flores Jose Antonio | Grant | 74K | — |
| 2026-05-01 | Muguiro Dominguez Jaime | Grant | 334K | — |
| 2026-05-01 | Al Haffar Maher | Grant | 85K | — |
| 2026-05-01 | Saldana Madero Roger | Grant | 37K | — |
| 2026-05-01 | Naya Barba Ricardo | Grant | 72K | — |
| 2026-05-01 | Menendez Sergio Mauricio | Grant | 82K | — |
| 2026-05-01 | Rodriguez Louisa | Grant | 33K | — |
| 2026-04-28 | Gonzalez Herrera Jesus Vicente | Sell | 35K | $12.16 |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-24 | 2025-12-31 | 0001193125-26-177605 ↗ |
| 20-F | 2025-04-28 | 2024-12-31 | 0001193125-25-097693 ↗ |
| 20-F | 2024-04-29 | 2023-12-31 | 0001193125-24-119054 ↗ |
| 20-F | 2023-05-01 | 2022-12-31 | 0001193125-23-128248 ↗ |
| 20-F | 2022-04-29 | 2021-12-31 | 0001193125-22-133730 ↗ |
| 20-F | 2021-04-23 | 2020-12-31 | 0001193125-21-129260 ↗ |
| 20-F | 2020-04-29 | 2019-12-31 | 0001193125-20-126557 ↗ |
| 20-F | 2019-04-25 | 2018-12-31 | 0001193125-19-117579 ↗ |
| 20-F | 2018-04-30 | 2017-12-31 | 0001193125-18-143360 ↗ |
| 20-F | 2017-04-28 | 2016-12-31 | 0001193125-17-148657 ↗ |
| 20-F | 2016-04-22 | 2015-12-31 | 0001193125-16-552174 ↗ |
| 20-F | 2015-04-27 | 2014-12-31 | 0001193125-15-147499 ↗ |