Grupo México, S.A.B. de C.V.

Grupo México, S.A.B. de C.V.

GMBXF
Grupo México, S.A.B. de C.V.US flagOther OTC
12.80
USD
+0.21
- -
99.65BMarket 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
1.2
1.19
1.05
1.05
1.26
1.35
1.37
1.4
1.9
1.78
1.85
2.08
2.33
2.16
Basic EPS, GAAP
0.23
0.23
0.13
0.14
0.2
0.17
0.28
0.29
0.51
0.4
0.43
0.46
0.63
0.51
Free Cash Flow per Basic Share
- -
0.06
0.04
0.09
0.25
0.24
0.28
0.42
0.64
0.41
0.53
0.54
0.49
0.49
Dividend per Share
0.09
0.1
0.07
0.04
0.09
0.17
0.2
0.17
0.37
0.32
0.29
0.29
0.33
0.3
Book Value per Share
1.33
1.51
1.61
1.71
1.87
1.9
2.02
2.17
2.38
2.53
2.75
2.93
3.18
3.23
Tangible Book Value per Share
1.41
1.41
1.32
1.38
1.57
1.6
1.69
1.81
2
2.15
2.33
2.52
2.88
2.77
Basic Weighted Avg Shares
7,785
7,785
7,785
7,785
7,785
7,785
7,785
7,785
7,785
7,785
7,785
7,785
7,785
7,597
Sales/Revenue/Turnover
9,357
9,286
8,179
8,173
9,786
10,495
10,681
10,909
14,777
13,870
14,367
16,169
18,177
16,405
Operating Margin (%)
35.44
34.35
30.47
29.23
36.48
36.24
36.7
39.42
52.97
42.95
40.81
42.5
47.54
43.74
Depreciation Expense
719
832
896
1,013
1,060
1,024
1,049
1,033
1,115
1,130
1,256
1,446
1,334
1,436
Net Income, GAAP
1,825
1,798
1,017
1,055
1,568
1,301
2,215
2,280
3,954
3,147
3,375
3,615
4,923
3,888
Effective Tax Rate (%)
30.45
30.59
45.48
42.83
46.87
36.55
30.38
35.98
35.38
32.78
29.6
36.25
32.66
35.07
Profit Margin (%)
19.5
19.37
12.43
12.91
16.02
12.39
20.73
20.9
26.76
22.69
23.49
22.36
27.08
23.7
Working Capital
4,313
3,280
3,756
4,062
4,298
4,019
5,107
6,191
7,316
8,151
8,431
9,207
12,733
11,602
LT Debt
5,439
5,535
7,417
7,203
7,852
8,276
9,072
8,855
8,471
8,470
8,850
8,216
10,123
9,682
Total Equity
11,683
11,911
11,457
12,041
13,846
14,254
15,318
16,536
18,374
19,768
21,551
23,176
26,128
24,787
Return on Invested Capital (%)
13.75
12.44
7.3
7.05
8.97
10.6
11.34
10.68
18.49
14.04
13.85
13.73
16.66
13.88
Return on Capital (%)
9.06
8.26
4.4
4.63
6.36
4.84
8.07
8.1
12.73
9.55
9.85
9.91
12.51
10.05
Return on Common Equity (%)
18.78
16.26
8.39
8.16
11.23
8.86
14.53
13.98
22.31
16.46
16.41
16.34
20.67
16.41

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
901
1,083
461
LT Borrowings
7,691
8,692
9,068
LT Finance Leases
525
572
613
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,785
7,785
7,785
Market Capitalization
35,941
37,673
45,205

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
12,269
13,604
13,717
Cash, Cash Equivalents & STI
8,137
9,050
9,017
Accounts Receivable, Net
1,825
2,256
2,289
Inventories
1,407
1,394
1,414
Total Current Liabilities
3,062
2,826
2,115
Payables & Accruals
- -
- -
- -
ST Debt
901
1,083
461
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.65%
9.6%
12.74%
Free Cash Flow
38.08%
8.17%
-9.93%
Net Income, GAAP
21.2%
20.7%
36.16%
Sales/Revenue/Turnover
8.87%
11.57%
12.41%
Total Cash Common Dividend
29.32%
21.5%
15.47%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,799
4,397
4,127
3,847
16,169
2025
4,196
4,237
5,154
- -
18,177
2026
5,565
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.14
0.11
0.1
0.46
2025
0.14
0.16
0.18
- -
0.63
2026
0.22
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.07
0.08
0.08
0.29
2025
0.07
0.08
0.1
- -
0.33
2026
0.11
- -
- -
- -
- -

Company Description

APIChat
CEO
German Larrea Mota-Velasco
Full Time Employees
31,333
Sector
Basic Materials
Industry
Industrial Materials
Address
Campos Elíseos No. 400 Mexico City DF Mexico 11000
IPO Date
Jan 5, 2010
Business
Grupo México, S.A.B. de C.V. operates as a leading Mexican conglomerate primarily engaged in mining, transportation, and infrastructure services. Its mining division is a major producer of copper and other metals, offering key products such as copper, zinc, gold, and silver through its extensive operations in Mexico, Peru, Chile, the United States, and Spain. The company also operates Mexico's largest and most profitable railway network, transporting a significant portion of the country's rail cargo, alongside transportation services including rail ferry operations and highway concessions. Additionally, Grupo México provides infrastructure development services, including construction and energy through subsidiaries such as Fenicias Wind Farm. Founded in 1942 and headquartered in Mexico City, the company recently expanded its transportation portfolio by acquiring a 60% stake in rail ferry subsidiaries and consolidating ownership of CG Railway, enhancing its cross-border rail operations between the US and Mexico. Its mining segment reported a 5.5% increase in copper production in 2024, supported by the start-up of the Buenavista Zinc project, which boosted zinc sales substantially. Grupo México has also increased investments in asset modernization, water usage improvements, and tailings management to ensure operational safety and efficiency. The company continues to launch new projects like the K8+Puebla portfolio and Fenicias Wind Farm as part of its diversification and growth strategy. Grupo México pursues strategic improvements in environmental and social governance, implementing ISO 14001 and ISO 45001 standards across mining operations and investing heavily in local community infrastructure, health, and education programs. It also maintains a commitment to sustainable growth, demonstrated through listings such as the FTSE4Good Index Series and consistent enhancements in ESG ratings. The company is advancing organic growth strategies without major recent acquisitions beyond those related to transportation assets, while it recently put forth a binding proposal to acquire a stake in Banamex's retail division as part of its broader expansion ambitions in Mexico's financial services. Grupo México serves multiple business segments including mining, railway transportation, infrastructure, and energy across North and South America. It is one of Mexico's largest companies by market capitalization and a top global copper producer. Its operational scope encompasses ownership and management of mining mines, railway networks, highways, construction services, and renewable energy assets. This integrated business model strengthens its leadership position in the mining and transportation industries while aligning with strategic goals of operational optimization and environmental stewardship. This comprehensive profile captures Grupo México's core offerings and recent significant developments as of late 2025.

Company News

APIChat
  • Grupo Mexico (OTCMKTS:GMBXF) versus PMGC (NASDAQ:ELAB) Head-To-Head Review

  • Are Conglomerates Stocks Lagging Grupo Mexico, S.A.B. de C.V. (GMBXF) This Year?

  • First Eagle Global Real Assets Fund Q4 2025 Portfolio Review

  • Head to Head Comparison: Hitachi (OTCMKTS:HTHIY) versus Grupo Mexico (OTCMKTS:GMBXF)

  • Grupo Mexico (OTCMKTS:GMBXF) Sees Strong Trading Volume – What’s Next?

  • Is Grupo Mexico, S.A.B. de C.V. (GMBXF) Stock Outpacing Its Conglomerates Peers This Year?

  • Grupo Mexico reports 17% rise in Q1 net income on higher metal prices, cost efficiency

  • Grupo Mexico: This Quality Copper Mining Powerhouse Is Fully Priced

  • Rumo: Chugging Ahead With Brazil's Largest Railway Network

  • Grupo México: Headwind Coming, Perhaps Last Call Now For Profit

  • Citigroup's Transformation Plan Takes a Disappointing Turn. Is the Investment Thesis Still Intact?

  • Govt compensation to Grupo Mexico over railway won't include cash - president

  • Grupo Mexico says negotiations with government more difficult after railway expropriation

  • Mexico takes over part of Grupo Mexico railway, shares fall

  • 3 railroads team up to better compete with CPKC to serve Mexico

  • Investment Opportunities In Latin America