America Movil SAB DE Cv/ key statistics and ratios

In fiscal 2025, America Movil SAB DE Cv/ had return on equity of 22.9%, an operating margin of 20.3%, debt equal to 145.0% of equity and a current ratio of 0.74. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

America Movil SAB DE Cv/: financial ratios, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Gross margin	53.0%	50.3%	51.4%	51.0%	59.0%	60.3%	60.5%	60.9%	61.2%	61.9%	62.1%
Operating margin	15.8%	11.2%	9.8%	13.4%	16.9%	18.3%	20.2%	20.2%	20.6%	20.7%	20.3%
Net margin	3.9%	0.9%	2.9%	5.1%	8.0%	5.7%	23.2%	9.0%	9.3%	2.6%	8.8%
Free-cash-flow margin	4.0%	10.0%	9.7%	10.1%	11.9%	21.5%	14.1%	9.4%	14.3%	14.5%	16.7%
Return on equity	23.7%	4.8%	15.6%	27.6%	36.3%	19.9%	60.1%	19.8%	21.0%	6.4%	22.9%
Return on assets	2.9%	0.6%	2.1%	3.7%	4.6%	2.7%	11.6%	4.6%	4.9%	1.4%	4.6%
Asset turnover	0.75	0.70	0.73	0.73	0.57	0.47	0.50	0.51	0.53	0.53	0.53
Current ratio	—	0.73	0.83	0.75	0.63	0.70	0.76	0.74	0.65	0.72	0.74
Debt to equity	0.0%	484.7%	519.0%	466.1%	501.0%	250.9%	144.8%	136.6%	136.5%	153.8%	145.0%
Interest cover (operating income ÷ interest)	4.5x	3.2x	3.3x	4.4x	3.8x	3.9x	4.7x	4.1x	3.8x	3.2x	3.2x
Effective tax rate	34.2%	48.6%	43.7%	46.0%	45.2%	25.0%	31.2%	34.3%	30.0%	56.1%	37.9%
Capital spending as % of revenue	14.3%	14.2%	11.7%	13.9%	15.6%	12.9%	16.9%	17.3%	16.1%	13.0%	12.1%
Free cash flow ÷ net income	101.8%	>999%	336.2%	198.7%	149.8%	374.2%	61.0%	103.9%	153.7%	551.3%	190.7%
Dividends ÷ net income	106.6%	159.7%	54.9%	42.6%	35.8%	20.5%	14.5%	38.8%	40.0%	135.4%	40.0%
Dividends and buybacks ÷ free cash flow	201.2%	21.5%	17.6%	21.9%	24.3%	8.4%	55.0%	70.4%	38.3%	42.6%	28.6%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

2 of 7 checks passed · December 31, 2025

What it owns · $99.9bn

Short-term assets $20.3bnLonger-term assets $79.7bn

What it owes, and who funded it · $96.3bn

Short-term liabilities $27.5bnLonger-term liabilities $48.7bnShareholders' equity $20.1bn

Short-term assets cover short-term liabilities $20.3bn of assets due within a year against $27.5bn of liabilities due within a year.
Short-term assets cover long-term liabilities $20.3bn short-term assets against $48.7bn of longer-dated liabilities.
More cash than debt $1.9bn of cash against $24.0bn of debt.
Debt below 40% of shareholders' equity Debt is 120% of equity.
Debt burden no higher than five years ago Debt to equity moved from 192% to 120% over five years.
A year's operating cash flow covers at least 20% of debt $14.2bn of operating cash flow against $24.0bn of debt.
Operating profit covers interest at least five times over Operating income of $10.0bn against $3.1bn of interest.

From America Movil SAB DE Cv/'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from America Movil SAB DE Cv/'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to America Movil SAB DE Cv/.