América Móvil, S.A.B. de C.V. (AMXOF)

América Móvil, S.A.B. de C.V. (AMXOF) Media & Communications Profile

América Móvil, S.A.B. de C.V. stands as a leading telecommunications conglomerate, providing extensive wireless, fixed-line, and data services across Latin America and beyond. With a substantial mobile subscriber base and significant infrastructure investments, the company delivers a diverse portfolio including broadband, IT solutions, and value-added services under brands like Telcel and Telmex Infinitum.

What Is the Investment Thesis for AMXOF?

América Móvil, S.A.B. de C.V. (AMXOF) presents as a significant telecommunications entity with a market capitalization of $73.87B, characterized by a P/E ratio of 15.2 and a healthy profit margin of 9.2%. The company's robust gross margin of 57.6% underscores its operational efficiency within the highly competitive telecommunications landscape. A key value driver is its expansive mobile subscriber base throughout Latin America, which provides a stable foundation for recurring revenue and cross-selling opportunities for new services. Ongoing significant infrastructure investments, particularly in network upgrades and expansion, are expected to bolster service quality and capacity, supporting future growth in data and value-added services. The company also offers a dividend yield of 2.20%, appealing to income-focused investors. However, the investment thesis must account for the company's exposure to fluctuating currency exchange rates across its diverse operating countries, which can impact reported earnings. Additionally, the highly regulated nature of the telecommunications market means that regulatory changes and intense competitive pressures in Latin America require continuous monitoring by investors.

Based on FMP financials and quantitative analysis

AMXOF Key Highlights

• Market capitalization stands at $72.86 billion, reflecting its substantial presence in the global telecommunications sector.
• A P/E ratio of 15.2 indicates a valuation relative to its earnings, positioning it within the industry's typical range.
• The company maintains a solid profit margin of 9.2%, demonstrating effective cost management and profitability from its diverse service offerings.
• A robust gross margin of 57.6% highlights strong operational efficiency in delivering its telecommunications services.
• Investors benefit from a dividend yield of 2.20%, providing a return on investment alongside potential capital appreciation.

Who Are AMXOF's Competitors?

AMXOF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are AMXOF's Key Strengths?

• Dominant market position and extensive mobile subscriber base across Latin America.
• Significant and ongoing investments in advanced network infrastructure (fiber, 5G).
• Diversified service portfolio including voice, data, broadband, IT solutions, and entertainment.
• Strong brand recognition with established names like Telcel and Telmex Infinitum.
• Large employee base of 177,626 supporting widespread operations.

What Are AMXOF's Weaknesses?

• Exposure to fluctuating currency exchange rates across multiple operating countries, impacting financial results.
• Reliance on the economic stability and growth of Latin American markets.
• Potential for high capital expenditure requirements for network upgrades and expansion.
• Regulatory scrutiny and potential for adverse policy changes in its diverse operational jurisdictions.

What Could Drive AMXOF Stock Higher?

• Continued expansion of high-speed broadband and fiber-optic networks across Latin America, enhancing service capacity and reach.
• Strategic investments in 5G infrastructure rollout, positioning the company to capture growth in next-generation mobile services.
• Potential for increased adoption of value-added services, such as mobile banking and content streaming, leveraging its large subscriber base.
• Digital transformation initiatives aimed at improving operational efficiency and enhancing customer experience across its diverse markets.
• Introduction of new enterprise IT solutions and cybersecurity services to meet growing business demand in the region.

What Are the Key Risks for AMXOF?

• Exposure to fluctuating currency exchange rates in its various operating countries, which can negatively impact reported earnings and financial stability.
• Intense competitive pressures within the Latin American telecommunications market, potentially leading to price wars and margin erosion.
• Regulatory changes and interventions by governments in its operating regions, which could affect pricing, spectrum allocation, or market structure.
• Economic downturns or political instability in key Latin American markets, impacting consumer spending and business demand for services.
• High capital expenditure requirements for network upgrades and expansion, which could strain free cash flow if not managed effectively.

What Are the Growth Opportunities for AMXOF?

• **Expanding Data and Broadband Penetration:** The demand for high-speed internet and mobile data continues to surge across Latin America. América Móvil, with its extensive network infrastructure, is well-positioned to capitalize on this trend by expanding its fiber-to-the-home (FTTH) and 5G mobile broadband services. As more households and businesses seek reliable connectivity for work, education, and entertainment, the company can grow its subscriber base and average revenue per user (ARPU). This opportunity is ongoing, with market projections indicating sustained growth in data consumption over the next 5-10 years, driven by digital transformation initiatives and increased device penetration.
• **Growth in Value-Added Services:** Beyond core connectivity, América Móvil offers a rich suite of value-added services, including content streaming, mobile banking, machine-to-machine (M2M) services, and cybersecurity. As digital literacy increases and consumers seek more integrated digital lifestyles, the adoption of these services is expected to accelerate. The company can leverage its vast mobile subscriber base to cross-sell and up-sell these offerings, creating new revenue streams and enhancing customer loyalty. This is an ongoing opportunity, with significant potential for expansion over the medium term (3-7 years) as digital ecosystems mature in its operating regions.
• **Leveraging IT Solutions for Businesses:** América Móvil provides IT solutions such as data centers, data administration, hosting, and cybersecurity services to small businesses and large corporations. As businesses across Latin America increasingly digitize their operations, the demand for robust and secure IT infrastructure and services will grow. The company can expand its enterprise client base by offering tailored, scalable solutions that address specific industry needs, from cloud services to managed security. This growth avenue is ongoing and expected to gain significant traction over the next 5-10 years as digital transformation becomes a strategic imperative for companies of all sizes.
• **Continued Infrastructure Investments and 5G Rollout:** América Móvil's commitment to significant infrastructure investments, including the deployment of 5G networks and expansion of fiber optics, represents a critical growth driver. These investments enhance network capacity, speed, and reliability, which are essential for supporting future data traffic growth and enabling new services like IoT and advanced enterprise solutions. By maintaining a technological edge, the company can attract and retain premium customers and capture market share in high-value segments. This is an ongoing, long-term opportunity (5-10+ years) that underpins the company's ability to compete effectively and innovate.
• **Monetization of Large Mobile Subscriber Base:** With a substantial mobile subscriber base across Latin America, América Móvil possesses a powerful asset for future growth. This extensive reach allows the company to efficiently introduce and scale new digital products and services, from entertainment platforms to financial technology solutions. By strategically analyzing customer data and preferences, América Móvil can develop targeted offerings that resonate with its diverse user base, driving increased engagement and ARPU. This ongoing opportunity is fundamental to the company's strategy, enabling it to evolve beyond traditional telecommunications into a broader digital services provider over the next 3-7 years.

What Opportunities Does AMXOF Have?

• Increasing demand for high-speed data and broadband services in emerging Latin American markets.
• Expansion of value-added services such as content streaming, mobile banking, and M2M solutions.
• Growth in enterprise IT solutions, data centers, and cybersecurity services for businesses undergoing digital transformation.
• Further monetization of its large subscriber base through new digital products and services.
• Strategic partnerships and acquisitions to expand geographic reach or service capabilities.

What Threats Does AMXOF Face?

• Intense competitive pressures from both established regional players and new market entrants.
• Potential for adverse regulatory changes, including spectrum auctions, pricing controls, or market consolidation restrictions.
• Technological disruption from over-the-top (OTT) service providers impacting traditional voice and messaging revenues.
• Economic downturns or political instability in key Latin American operating countries.
• Cybersecurity threats and data breaches impacting customer trust and operational integrity.

What Are AMXOF's Competitive Advantages?

• Extensive network infrastructure across Latin America, representing significant capital investment and a barrier to entry for new competitors.
• Large and established mobile subscriber base, providing scale and strong brand recognition (Telcel, Telmex Infinitum).
• Diversified service portfolio encompassing voice, data, broadband, IT solutions, and entertainment, catering to a broad market.
• Strong local market presence and regulatory experience in multiple Latin American countries, navigating complex operating environments.
• Economies of scale in procurement, network management, and customer service due to its vast operational footprint.

What Does AMXOF Do?

América Móvil, S.A.B. de C.V., incorporated in 2000 and headquartered in Mexico City, Mexico, has evolved into a dominant force in the telecommunications sector across Latin America and internationally. The company's foundational offerings include comprehensive wireless and fixed voice services, encompassing airtime, local, domestic, and international long-distance connectivity, alongside crucial network interconnection services. Beyond traditional voice, América Móvil has significantly expanded its data services, providing robust solutions such as data centers, data administration, and hosting services tailored for both residential and corporate clientele. Its value-added services portfolio is extensive, featuring ubiquitous Internet access, diverse messaging options, wireless entertainment, corporate communication tools, data transmission, email services, instant messaging, and content streaming. The company also addresses modern digital needs with interactive applications, wireless security services, mobile payment solutions, machine-to-machine (M2M) services, mobile banking, virtual private network (VPN) services, and video calls. Furthermore, América Móvil is a key provider of residential broadband services and offers sophisticated IT solutions to small businesses and large corporations. Its entertainment offerings include cable and satellite television subscriptions. The company also engages in the sale of equipment, accessories, and computers, and provides specialized services like software development, call center operations, entertainment content, news delivery, telephone directories, advertising, and cybersecurity solutions. Through its well-established brands, including Telcel, Telmex Infinitum, and A1, América Móvil reaches retail customers via an extensive network of retailers and service centers, while a dedicated sales force serves its corporate clients, solidifying its market presence and diverse revenue streams.

What Products and Services Does AMXOF Offer?

• Provides wireless and fixed voice services, including airtime, local, domestic, and international long-distance.
• Offers data services like data centers, data administration, and hosting for residential and corporate clients.
• Delivers value-added services such as Internet access, messaging, wireless entertainment, and corporate communication tools.
• Supplies residential broadband services and IT solutions to small businesses and large corporations.
• Provides cable and satellite television subscriptions to consumers.
• Sells telecommunications equipment, accessories, and computers.
• Offers software development, call center services, telephone directories, advertising, and cybersecurity solutions.
• Distributes video, audio, and other media content directly from providers to end-users over the Internet.

How Does AMXOF Make Money?

• Generates revenue from monthly subscriptions for wireless, fixed-line, broadband, and television services.
• Earns income from airtime usage, data plans, and international long-distance calls.
• Monetizes value-added services, including premium content, messaging, and mobile banking solutions.
• Sells telecommunications equipment, accessories, and computers as part of its service bundles or standalone.
• Provides IT solutions, data center services, and cybersecurity to corporate clients on a contract or subscription basis.

What Industry Does AMXOF Operate In?

América Móvil operates within the dynamic and essential Telecommunications Services industry, a sector characterized by continuous technological advancement and increasing demand for connectivity. Globally, the industry is experiencing significant shifts driven by the rollout of 5G networks, the expansion of fiber-optic infrastructure, and the growing consumption of data and digital services. In Latin America, where América Móvil holds a dominant position, market trends include rising smartphone penetration, increasing demand for high-speed broadband, and the adoption of value-added services like streaming and mobile payments. The competitive landscape is intense, featuring both global players and strong regional operators vying for market share. América Móvil differentiates itself through its extensive network infrastructure, broad geographic reach, and diversified service portfolio, positioning itself as a comprehensive provider capable of serving a wide range of customer needs from basic voice to advanced IT solutions, thereby maintaining a leading role in the region's digital transformation.

Who Are AMXOF's Key Customers?

• Residential customers seeking mobile, fixed-line, internet, and television services.
• Small businesses requiring basic connectivity, IT support, and communication tools.
• Large corporations utilizing data centers, advanced IT solutions, cybersecurity, and extensive network services.
• Content providers leveraging its network for direct-to-consumer media distribution.
• Other telecommunications operators through network interconnection services.

América Móvil, S.A.B. de C.V. (AMXOF) Valuation Context

Valued at $73.87B, AMXOF is classified as a large-cap stock. Relative to its peer group, AMXOF's quantitative score of 54/100 is roughly in line with the peer average of 54/100.

AMXOF Revenue & Earnings Trend

In Q1 2026, AMXOF generated $236.84B in top-line revenue, marking a sequential decrease of 3.3%. The company recorded net income of $23.40B, with diluted EPS of $0.39. Quarter-over-quarter revenue has been mixed, typical for a large-cap company operating in Communication Services. Across the four most recent quarters, AMXOF averaged $0.27 in diluted EPS.

Company Profile

América Móvil, S.A.B. de C.V. operates in the Telecommunications Services industry within the Communication Services sector. It is headquartered in Mexico City, MX. The company is led by CEO Daniel Hajj Aboumrad. AMXOF has traded publicly since 2013.

ROE 21%Key Financial Metrics

Return on equity for América Móvil, S.A.B. de C.V. stands at 20.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 4.7%, showing how much profit it generates from its asset base. AMXOF trades at a trailing price-to-earnings ratio of 15.21, below the Communication Services sector average of ~18x. Its free cash flow yield is 12.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.72 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 6.6%, the inverse of the P/E and a quick read on earnings relative to price.

FY2026 estForward Outlook

Wall Street analysts project América Móvil, S.A.B. de C.V. revenue of about $55.21B for fiscal 2026, with EPS near $0.09. The estimate reflects 18 contributing analysts.

AMXOF Financials

AMXOF Latest News

AMXOF Analyst Consensus

AMXOF MoonshotScore

What Investors Ask About América Móvil, S.A.B. de C.V. (AMXOF) — Communication Services

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources