CX vs. SCCO: CEMEX vs. Southern Copper Stock Comparison

November 11, 2026

How do CEMEX (CX) and Southern Copper (SCCO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

CEMEX (CX) and Southern Copper (SCCO) both fall under the Materials industry group, but CX is classified in Construction Materials while SCCO is classified in Metals & Mining.

Southern Copper (SCCO) trades as ordinary local shares, while CEMEX (CX) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for CEMEX (CX) and Southern Copper (SCCO)
Profile Item	CX	SCCO
Name	Cemex S.A.B. de C.V. Sponsored ADR	Southern Copper Corporation
Country/Region	Mexico	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Construction Materials	Metals & Mining
GICS Sub-Industry	Construction Materials	Copper
Market Capitalization	15.47 billion USD	142.73 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	September 15, 1999	January 5, 1996
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

SCCO

GSPC

CEMEX (CX) vs. Southern Copper (SCCO), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for CEMEX (CX) and Southern Copper (SCCO). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for CEMEX (CX) and Southern Copper (SCCO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for CEMEX (CX) and Southern Copper (SCCO)
Metric	CX	SCCO
Total Return (1Y)	7.57%	38.53%
Total Return (3Y, Annualized)	17.84%	42.97%
Total Return (5Y, Annualized)	10.81%	30.79%

Risk Profile

Drawdown History

SCCO

GSPC

CEMEX (CX) vs. Southern Copper (SCCO), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for CEMEX (CX) and Southern Copper (SCCO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for CEMEX (CX) and Southern Copper (SCCO)
Metric	CX	SCCO
Volatility (1Y, Annualized)	36.82%	52.64%
Beta (5Y)	1.57	1.15
Max Drawdown (5Y)	-53.08%	-43.07%
Avg. Volume (3M)	7.01M	1.14M

Risk-Adjusted Performance

Risk-Return Positioning

CX and SCCO are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for CEMEX (CX) and Southern Copper (SCCO)
Metric	CX	SCCO
Sharpe Ratio (1Y)	0.09	0.65
Sortino Ratio (1Y)	0.14	0.95

Profitability

ROE (TTM)

Southern Copper (SCCO) at 52.88% sits in the top ROE quartile, while CEMEX (CX) at 5.17% is closer to the peer norm — stronger capital efficiency for SCCO.

CX

Materials industry group

5.17%

Max: 52.88%
Q3: 19.49%
Median: 8.76%
CX: 5.17%
Q1: -3.41%
Min: -32.81%

SCCO

Materials industry group

52.88%

SCCO: 52.88%
Max: 52.88%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

CEMEX (CX) vs. Southern Copper (SCCO): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Southern Copper (SCCO) at 37.16% retains a top-quartile share of revenue as profit, ahead of CEMEX (CX) at 3.60%, which keeps about the industry-typical share.

CX

Materials industry group

3.60%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
CX: 3.60%
Q1: 0.00%
Min: -20.40%

SCCO

Materials industry group

37.16%

Max: 38.66%
SCCO: 37.16%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

CEMEX (CX) vs. Southern Copper (SCCO): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Southern Copper (SCCO) at 59.94% operates in the top operating margin quartile, ahead of CEMEX (CX) at 14.77%, which runs around its industry’s norm.

CX

Materials industry group

14.77%

Max: 66.70%
Q3: 28.92%
CX: 14.77%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

SCCO

Materials industry group

59.94%

Max: 66.70%
SCCO: 59.94%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

CEMEX (CX) vs. Southern Copper (SCCO): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for CEMEX (CX) and Southern Copper (SCCO)
Metric	CX	SCCO
ROE (TTM)	5.17%	52.88%
ROA (TTM)	5.07%	27.29%
Net Margin (TTM)	3.60%	37.16%
Operating Margin (TTM)	14.77%	59.94%
Gross Margin (TTM)	33.48%	65.84%

Growth

Revenue Growth

Both CEMEX (CX) at 0.43% and Southern Copper (SCCO) at 17.38% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

CEMEX (CX) vs. Southern Copper (SCCO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both CEMEX (CX) at 2.35% and Southern Copper (SCCO) at 25.41% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

CEMEX (CX) vs. Southern Copper (SCCO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for CEMEX (CX) and Southern Copper (SCCO)
Metric	CX	SCCO
Revenue Growth (YoY)	0.43%	17.38%
Revenue Growth (3Y CAGR)	3.13%	10.13%
EPS Growth (YoY)	2.35%	25.41%
EPS Growth (3Y CAGR)	4.14%	17.64%

Financial Strength

Current Ratio (MRQ)

Southern Copper (SCCO) at 4.31 carries current ratio above its industry’s typical mid-range, while CEMEX (CX) at 0.95 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

CX

Materials industry group

0.95

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
CX: 0.95
Min: 0.16

SCCO

Materials industry group

4.31

Max: 5.96
SCCO: 4.31
Q3: 3.30
Median: 2.24
Q1: 1.45
Min: 0.16

CEMEX (CX) vs. Southern Copper (SCCO): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both CEMEX (CX) at 0.46 and Southern Copper (SCCO) at 0.63 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

CX

Materials industry group

0.46

Max: 1.98
Q3: 0.89
Median: 0.47
CX: 0.46
Q1: 0.13
Min: 0.00

SCCO

Materials industry group

0.63

Max: 1.98
Q3: 0.89
SCCO: 0.63
Median: 0.47
Q1: 0.13
Min: 0.00

CEMEX (CX) vs. Southern Copper (SCCO): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for CEMEX (CX) and Southern Copper (SCCO)
Metric	CX	SCCO
Current Ratio (MRQ)	0.95	4.31
Debt / Equity (MRQ)	0.46	0.63
Net Debt / EBITDA	1.60	0.05

Dividends

Dividend Yield (TTM)

CEMEX (CX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Southern Copper (SCCO) reports a yield of 2.30%, ranking against industry peers normally.

CX

Materials industry group

0.00%

Max: 4.52%
Q3: 1.85%
Median: 0.38%
CX: 0.00%
Q1: 0.00%
Min: 0.00%

SCCO

Materials industry group

2.30%

Max: 4.52%
SCCO: 2.30%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

CEMEX (CX) vs. Southern Copper (SCCO): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both CEMEX (CX) at 67.86% and Southern Copper (SCCO) at 52.43% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

CX

Materials industry group

67.86%

Max: 83.62%
CX: 67.86%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

SCCO

Materials industry group

52.43%

Max: 83.62%
SCCO: 52.43%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

CEMEX (CX) vs. Southern Copper (SCCO): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for CEMEX (CX) and Southern Copper (SCCO)
Metric	CX	SCCO
Dividend Yield (TTM)	0.00%	2.30%
Dividend Payout Ratio (TTM)	67.86%	52.43%

Valuation

P/E Ratio (TTM)

Southern Copper (SCCO) at 22.27 is near its industry’s usual P/E ratio, while CEMEX (CX) at 67.00 sits above its peer range — an unusually expensive price for CX’s trailing earnings.

CX

Materials industry group

67.00

CX: 67.00
Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93

SCCO

Materials industry group

22.27

Max: 59.00
Q3: 32.93
SCCO: 22.27
Median: 18.82
Q1: 11.96
Min: 3.93

CEMEX (CX) vs. Southern Copper (SCCO): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

CEMEX (CX) at 0.89 is priced about in line with its industry on P/S ratio, while Southern Copper (SCCO) at 8.34 sits in the pricier quartile — SCCO costs more per dollar of sales.

CX

Materials industry group

0.89

Max: 9.62
Q3: 4.34
Median: 1.87
CX: 0.89
Q1: 0.73
Min: 0.00

SCCO

Materials industry group

8.34

Max: 9.62
SCCO: 8.34
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

CEMEX (CX) vs. Southern Copper (SCCO): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

CEMEX (CX) at 1.20 sits in the lower P/B ratio quartile relative to book while Southern Copper (SCCO) at 10.89 prices above its industry range — a wide valuation gap against assets.

CX

Materials industry group

1.20

Max: 6.59
Q3: 3.55
Median: 2.08
Q1: 1.26
CX: 1.20
Min: -0.17

SCCO

Materials industry group

10.89

SCCO: 10.89
Max: 6.59
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

CEMEX (CX) vs. Southern Copper (SCCO): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for CEMEX (CX) and Southern Copper (SCCO)
Metric	CX	SCCO
P/E Ratio (TTM)	67.00	22.27
P/S Ratio (TTM)	0.89	8.34
P/B Ratio (MRQ)	1.20	10.89
Free Cash Flow Yield (TTM)	8.86%	3.91%