Head-To-Head Review: Amrize (NYSE:AMRZ) and Cemex (NYSE:CX)

Cemex (NYSE:CX) and Amrize (NYSE:AMRZ) are both large-cap materials companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, institutional ownership, profitability, earnings and risk.

Profitability

This table compares Cemex and Amrize’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Cemex	2.83%	3.82%	1.80%
Amrize	9.89%	10.22%	5.48%

Dividends

Cemex pays an annual dividend of $0.12 per share and has a dividend yield of 1.1%. Amrize pays an annual dividend of $0.44 per share and has a dividend yield of 1.0%. Cemex pays out 35.3% of its earnings in the form of a dividend. Amrize pays out 20.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Cemex and Amrize, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cemex	0	5	7	0	2.58
Amrize	1	6	9	1	2.59

Cemex currently has a consensus target price of $13.07, indicating a potential upside of 21.38%. Amrize has a consensus target price of $60.57, indicating a potential upside of 35.65%. Given Amrize’s stronger consensus rating and higher probable upside, analysts clearly believe Amrize is more favorable than Cemex.

Risk & Volatility

Cemex has a beta of 1.53, meaning that its share price is 53% more volatile than the S&P 500. Comparatively, Amrize has a beta of 0.11, meaning that its share price is 89% less volatile than the S&P 500.

Institutional & Insider Ownership

83.0% of Cemex shares are owned by institutional investors. 1.0% of Cemex shares are owned by insiders. Comparatively, 0.5% of Amrize shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Cemex and Amrize”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Cemex	$16.13 billion	0.97	$960.00 million	$0.34	31.66
Amrize	$12.18 billion	2.03	$1.19 billion	$2.17	20.58

Amrize has lower revenue, but higher earnings than Cemex. Amrize is trading at a lower price-to-earnings ratio than Cemex, indicating that it is currently the more affordable of the two stocks.

Summary

Amrize beats Cemex on 11 of the 17 factors compared between the two stocks.

About Cemex

CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide. The company offers gray ordinary portland, white portland, oil-well, and blended cement products; mortar; and standard ready-mix, architectural and decorative, rapid-setting, fiber-reinforced, fluid-fill, roller-compacted, self-consolidating, pervious, and antibacterial, and other concrete products. It also provides crushed stone, sand, gravel, and recycled concrete products; performance materials, such as admixtures, mortars, special mortars, and asphalt; and waste management services comprising municipal and industrial, construction, demolition and excavation, and alternative raw materials. In addition, the company construction related services, including logistics and transportation, retail, pavement services, design and engineering, and others; and industrial construction products consist of precast components, 2D panels, 3D modules, and complete structures. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza García, Mexico.

About Amrize

Amrize AG focuses on building materials business in North America. The company was incorporated in 2023 and is based in Zug, Switzerland. Amrize AG operates independently of Holcim AG as of June 23, 2025.