How did CEMEX's revenue and expenses trend in Q4 2024 compared to previous quarters?
5/7/2025 04:20pm
**CEMEX's revenue and expenses in Q4 2024 showed a decline compared to the previous quarter**, specifically:
1. **Revenue Trend**: CEMEX's total revenue for Q4 2024 was $3.81 billion. In the preceding quarter, Q3 2024, the revenue was $4.09 billion. This indicates a decrease in revenue from the previous quarter. The revenue for Q2 2024 was $4.49 billion, and Q1 2024 was $3.94 billion. The decline in revenue from Q3 to Q4 was notable, with Q4's revenue being the lowest among the four quarters.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|CX|CX.N|CEMEX|2023 Q4|34.32560584822087|4.026676E9|169|
|CX|CX.N|CEMEX|2024 Q1|-2.3120069597088655|3.942493E9|169|
|CX|CX.N|CEMEX|2024 Q2|0.25245055721149323|4.494175E9|169|
|CX|CX.N|CEMEX|2024 Q3|-6.2834092559522245|4.089673E9|169|
2. **Expense Trend**: There are no available data on CEMEX's expenses for Q4 2024. However, the company's divestitures for the year reached $2.2 billion by Q3 2024, with $1.4 billion announced in Q4. This suggests that while there might have been a decrease in revenue, the company's strategic divestitures could have contributed to a reduction in expenses, albeit indirectly through reduced revenue from divested assets.
3. **Divestitures and Strategic Focus**: CEMEX's divestiture activity and strategic focus on developed markets, particularly in the US, have been notable. These moves could indicate a strategic shift aimed at optimizing profitability and reducing exposure to certain market risks, such as those related to the U.S.-Mexico trade relationship.
In summary, CEMEX experienced a decline in revenue for Q4 2024 compared to Q3 2024, and while specific expense data is lacking, the company's divestiture activity suggests a potential for reduced expenses, at least in part, due to strategic restructuring.