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AMERICA MOVIL SAB DE CV/ (AMX) financial health, profit and balance sheet · Scorvest

AMX · NYSE · United States · Telephone Communications (No Radiotelephone)

AMERICA MOVIL SAB DE CV/

Mexico City · Fiscal year ends in December · Figures in MXN

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In shortAMERICA MOVIL SAB DE CV/ is profitable, generates cash and carries moderate debt, with revenue growing (+6.5% last year).

Financial health

Solid

Built from five areas over the last five annual reports. Tap an area to see the figures behind it.

How is this score calculated? →

Profitability62

Operating marginShare of each sale left after running the business, before interest and tax.	20.7%	86/100
Net marginShare of each sale left as profit after every cost, interest and tax.	2.6%	31/100
Return on equityProfit earned on the money shareholders put in. Above 15% is strong.	6.2%	31/100
Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge.	15.2%	100/100

Weight in the score: 25%

Balance sheet24

Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash.	0.72×	0/100
Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted.	1.54×	26/100
Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable.	1.54×	70/100
Interest coverageHow many times operating profit covers interest. Below 2 is risky.	3.21×	16/100
Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress.	1.38	7/100

Weight in the score: 25%

Cash generation93

Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt.	14.5%	78/100
Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy.	5.51×	100/100
Years with positive free cash flow (last 5)	5 of 5	100/100

Weight in the score: 20%

Stability82
Profitable years (last 5) 5 of 5 100/100
Years of revenue decline (last 5) 2 of 5 33/100
Revenue growth volatility 4.4% 95/100
Operating margin volatility 1.0% 100/100
Weight in the score: 20%
Growth25
Revenue growth, 3-year average 1.5% 25/100
EPS growth, 3-year average – n/a
Weight in the score: 10%

Profitable years (last 5)	5 of 5	100/100
Years of revenue decline (last 5)	2 of 5	33/100
Revenue growth volatility	4.4%	95/100
Operating margin volatility	1.0%	100/100

Revenue growth, 3-year average	1.5%	25/100
EPS growth, 3-year average	–	n/a

Fiscal year 2024 · change vs prior year

Revenue: MXN 869.2B; ▲ 6.5%
Net income: MXN 22.9B; ▼ 69.9%
Free cash flow: MXN 126.3B; ▲ 7.9%
Operating margin: 20.7%; +0.2 pts
Cash & investments: MXN 36.7B; –
Total debt: MXN 567.6B; ▲ 13.4%
Diluted EPS: MXN0.37; ▼ 69.4%
Return on equity: 6.2%; –

Trends

Annual figures as reported. Hover a bar or point for the exact value.

5 older years available with the 10-year history. Essential plan, from €8.25/month →

Revenue and net income

RevenueNet income

Margins

Statements

The last 5 fiscal years from the company's annual reports.

MXN millions; negative values in parentheses.

Fiscal year	FY20	FY21	FY22	FY23	FY24
Revenue	815,399	830,687	844,501	816,013	869,221
Cost of revenue	323,469	328,510	330,532	316,476	331,178
Gross profit	491,930	502,177	513,969	499,537	538,043
Selling, general & admin	184,206	173,580	179,454	173,001	186,516
Operating income	148,813	167,556	170,871	167,784	180,100
Interest expense	38,165	35,738	41,259	44,545	56,020
Pre-tax income	52,617	104,808	134,269	115,334	62,830
Income tax	13,178	32,717	46,044	34,544	35,238
Net income	46,853	192,423	76,159	76,111	22,902
Diluted EPS	MXN0.71	–	MXN1.30	MXN1.21	MXN0.37
Diluted shares (millions)	0.1	65,967	63,936	63,049	61,723

5 older years available with the 10-year history. Essential plan, from €8.25/month →

Risk checks

Altman Z'' score

1.38 Grey zone

Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.

Piotroski F-score

6/9

Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.

Positive net income: passed
Positive operating cash flow: passed
Return on assets improved: failed
Cash flow exceeds net income: passed
Long-term debt ratio fell: failed
Current ratio improved: passed
No share dilution: passed
Gross margin improved: passed
Asset turnover improved: failed

Sources

20-FPeriod ending Dec 31, 2025Filed Apr 28, 2026Open the report ↗
20-FPeriod ending Dec 31, 2024Filed May 14, 2025Open the report ↗
20-FPeriod ending Dec 31, 2023Filed Apr 30, 2024Open the report ↗
20-FPeriod ending Dec 31, 2022Filed May 1, 2023Open the report ↗
20-FPeriod ending Dec 31, 2021Filed Apr 29, 2022Open the report ↗
20-FPeriod ending Dec 31, 2020Filed Apr 29, 2021Open the report ↗
20-FPeriod ending Dec 31, 2019Filed Apr 30, 2020Open the report ↗
20-FPeriod ending Dec 31, 2018Filed Apr 12, 2019Open the report ↗