Corporación Moctezuma, S.A.B. de C.V.

Corporación Moctezuma, S.A.B. de C.V.

CMZOF
Corporación Moctezuma, S.A.B. de C.V.US flagOther OTC
5.21
USD
- -
- -
4.42BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.04
10.44
12.53
14.3
16.62
16.11
14.54
16.06
18.16
18.71
22.87
23.13
23.92
19.02
Basic EPS, GAAP
1.68
2.31
3.25
4.6
5.36
4.94
3.86
4.82
5.19
5.04
7.17
7.62
7.35
5.95
Free Cash Flow per Basic Share
1.87
2.97
3.17
3.98
5.05
4.46
3.93
5.3
5.3
5.25
6.6
4.75
6.62
5.37
Dividend per Share
2.01
2
2
4
5
5.3
4.71
4
4
4
4
5
6
3
Book Value per Share
8.87
9.18
10.43
11.03
6.03
6.09
10.16
10.8
11.77
12.18
14.64
16.13
21.09
23.37
Tangible Book Value per Share
9.03
9.33
10.57
11.26
11.6
11.25
10.41
11.04
12.17
12.76
15.53
17.89
18.91
21.04
Basic Weighted Avg Shares
880
880
880
880
880
880
879
876
874
870
860
856
852
850
Sales/Revenue/Turnover
7,959
9,186
11,026
12,587
14,635
14,184
12,788
14,069
15,866
16,282
19,662
19,797
20,379
16,157
Operating Margin (%)
26.84
30.28
36.42
42.94
43.98
42.14
37.64
41.49
38.45
36.31
42.23
40.91
42.12
42.26
Depreciation Expense
494
492
496
651
555
557
605
637
665
496
637
696
779
609
Net Income, GAAP
1,480
2,030
2,860
4,047
4,719
4,350
3,397
4,220
4,536
4,386
6,166
6,521
6,261
5,054
Effective Tax Rate (%)
31.26
28.55
29.88
28.09
27.66
28.84
30.25
29.45
27.25
28.19
28.48
28.64
28.55
28.6
Profit Margin (%)
18.6
22.1
25.93
32.15
32.24
30.67
26.56
29.99
28.59
26.94
31.36
32.94
30.72
31.28
Working Capital
2,878
3,166
3,837
3,738
3,887
3,720
2,747
3,248
4,279
4,312
6,068
6,976
6,661
8,421
LT Debt
12
6
19
19
16
15
79
61
27
73
114
267
245
223
Total Equity
8,211
8,477
9,576
10,115
10,411
10,096
9,227
9,719
10,695
11,200
13,425
15,380
16,204
17,971
Return on Invested Capital (%)
17.22
23.25
30.09
37.54
43.37
40.37
33.88
41.8
42.12
37.83
46.23
38.26
37.23
51.59
Return on Capital (%)
18.53
25.46
32.99
42.6
62.55
81.05
47.08
45.36
45.58
41.68
52.63
48.53
38.64
50.15
Return on Common Equity (%)
18.6
25.55
33.14
42.86
62.87
81.59
47.54
45.89
45.95
41.99
53.16
49.41
39.41
50.91

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
104
118
127
LT Borrowings
- -
- -
- -
LT Finance Leases
235
245
223
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
850
850
849
Market Capitalization
47,512
46,563
46,322

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
11,224
10,649
11,900
Cash, Cash Equivalents & STI
8,583
7,922
9,247
Accounts Receivable, Net
1,019
996
1,086
Inventories
1,430
1,375
1,263
Total Current Liabilities
2,923
3,989
3,479
Payables & Accruals
- -
- -
- -
ST Debt
104
118
127
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.68%
10.91%
5.35%
Free Cash Flow
9.62%
6.6%
38.81%
Net Income, GAAP
9.92%
9.31%
-4%
Sales/Revenue/Turnover
6.73%
7.96%
2.94%
Total Cash Common Dividend
14.64%
8.4%
19.44%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,939
5,285
4,952
4,621
19,797
2025
- -
- -
5,241
5,266
20,379
2026
5,650
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.91
2.11
1.94
1.65
7.62
2025
- -
- -
1.93
1.79
7.35
2026
2.23
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
2
5
2025
- -
- -
- -
3
6
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Jose Maria Barroso Ramirez
Full Time Employees
1,262
Sector
Basic Materials
Industry
Construction Materials
Address
Monte Elbruz No. 134 PH Mexico City DF Mexico 11000
IPO Date
Dec 2, 2014
Business
Corporación Moctezuma, S.A.B. de C.V. is a Mexico-based building materials company primarily engaged in the production, distribution, and sale of cement and ready-mixed concrete. The company offers a comprehensive product portfolio including various types of compound Portland cements, white cement, mortar cements, and ready-mixed concretes with a broad application range such as structural, antibacterial, marine, high resistance, architectural, light, and specialty concretes. Additional services include technical assessment, concrete pumping, and industrial and decorative floor placement. The company operates predominantly in Mexico and serves construction and infrastructure markets across the country. Founded in 1943 and headquartered in Mexico City, Corporación Moctezuma is a subsidiary of Buzzi Unicem S.p.A. and Cementos Molins S.A. It is publicly listed on the Mexican Stock Exchange under the ticker CMOCTEZ. The company reported revenues exceeding 19.8 billion Mexican pesos (over US$1 billion) in 2024, reflecting strong financial performance. It continues to expand its operational capacity, investing in milling facilities and sustainability initiatives, including a reported 12% reduction in net CO₂ emissions over four years and the generation of renewable energy via photovoltaic panels at its sites. In recent strategic developments, Corporación Moctezuma has intensified its sustainability efforts by adopting the Sustainability Strategy: Roadmap 2030, aligned with the United Nations Sustainable Development Goals. It has increased the use of alternative fuels by co-processing over 36,000 tonnes of waste in 2024, enhanced energy efficiency through new mill installations at the Tepetzingo plant, and expanded its fleet of compressed natural gas and liquefied natural gas trucks for logistics operations. These actions represent a significant operational shift towards environmental responsibility while maintaining production growth. The company remains focused on its core construction materials segment—cement and ready-mixed concrete—and actively supports clients with technical services and innovative product solutions. With over 1,300 employees, Corporación Moctezuma plays a key role in Mexico’s construction sector, leveraging its heritage, scale, and integration within the Buzzi Unicem group to maintain competitive positioning and pursue sustainable growth. In summary, Corporación Moctezuma is a leading Mexican construction materials manufacturer specializing in Portland cement, mortar, white cement, and ready-mixed concrete products, backed by recent sustainability-driven investments and operational enhancements that underscore its commitment to growth and environmental stewardship in the domestic market. The company’s headquarters are in Mexico City, and it was founded in 1943.