AMX on NYSE

América Móvil

Logo: América Movil, Public domain, via Wikimedia Commons5

Mexican multinational telecommunications company

América Móvil, S.A.B. de C.V. is a Mexican telecommunications corporation headquartered in Mexico City, Mexico. It is the 7th largest mobile network operator in the world in terms of equity subscribers, as well as one of the largest corporations in the world. América Móvil is a Forbes Global 2000 company.3 It was founded by Carlos Slim.1 Its chief executive is Daniel Hajj Aboumrad.1 It employed about 176,100 people in 2023.1 Its revenue was MXN 816 billion in 2023.1 Its shares trade on NYSE under the symbol AMX.1 Wikipedia text CC BY-SA 4.0

$22.89 up 0.46 (2.03%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 21, 2026.

Overview

Sep 2000Founded1

Compare with AT&T, Verizon or Lumen Technologies, or pick any stock.

  • TickerAMX on NYSE1
  • Industrymobile phone industry, telecommunications industry1
  • HeadquartersMexico City1
  • Websitewww.americamovil.com/amx/en
  • Legal formjoint-stock company1
  • Listed onMadrid Stock Exchange (XAMXL), New York Stock Exchange (AMX), Mexican Stock Exchange (AMX)1
  • Incorporated inMexico6
  • Business addressLago Zurich 245, Colonia Granada Ampliacion, Mexico City6
  • Filer categoryLarge accelerated filer6
Plaza Carso Mexico
Photo: Gzzz, CC BY-SA 4.0, via Wikimedia Commons8

América Móvil, S.A.B. de C.V. is a Mexican telecommunications corporation headquartered in Mexico City, Mexico. It is the 7th largest mobile network operator in the world in terms of equity subscribers, as well as one of the largest corporations in the world. América Móvil is a Forbes Global 2000 company. As of 31 December 2023, América Móvil had 310.1 million wireless subscribers, and 73.7 million fixed revenue generating units ("RGUs", consisting of fixed voice, fixed data and Pay TV units).3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

20.7%Operating margin9
3.2%Net margin9
-11.2%Revenue growth, 20249
6.4%Return on equity9
1.07×Debt to equity9
$6.2BFree cash flow9

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Brazil brought in 31% of the revenue América Móvil broke down this way in fiscal 2025.

  1. Brazil183.0B MXN1031%up 7% from 2024
  2. Telmex114.0B MXN1019%up 6% from 2024
  3. Colombia79.3B MXN1013%up 10% from 2024
  4. Andean57.3B MXN1010%up 11% from 2024
  5. Central america56.4B MXN1010%up 17% from 2024
  6. Caribbean38.1B MXN106%up 5% from 2024
  7. Southern cone argentina36.6B MXN106%down 8% from 2024
  8. Southern cone uruguay paraguay and chile27.0B MXN105%up 236% from 2024
Business segments by year
Business segments202320242025
Brazil166.7B MXN170.3B MXN183.0B MXN
Telmex101.8B MXN107.7B MXN114.0B MXN
Colombia62.7B MXN71.8B MXN79.3B MXN
Andean53.0B MXN51.4B MXN57.3B MXN
Central america44.1B MXN48.2B MXN56.4B MXN
Caribbean38.3B MXN36.4B MXN38.1B MXN
Southern cone argentina18.9B MXN39.7B MXN36.6B MXN
Southern cone uruguay paraguay and chile8.1B MXN27.0B MXN

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue38¢$16.3B
  • Selling, general and admin21¢$9.2B
  • Other costs27¢$11.5B
  • Interest6¢$2.8B
  • Income tax4¢$1.7B
  • Profit3¢$1.4B

Out of $42.9B in revenue.9

Where each dollar of operating cash went, fiscal 2024

  • Capital spending47¢$5.6B
  • Dividends paid13¢$1.5B
  • Share buybacks10¢$1.1B
  • Kept or used elsewhere30¢$3.6B

Out of $11.8B of cash from operations.9

Financial statements

Revenue1112131415169$42.9B in 2024−19% since 2018
0$20.0B$40.0B$60.0B2018: $52.7B$52.7B20182019: $53.5B$53.5B2019+1%2020: $51.0B$51.0B2020−5%2021: $41.6B$41.6B2021−18%2022: $43.5B$43.5B2022+5%2023: $48.3B$48.3B2023+11%2024: $42.9B$42.9B2024−11%
Operating income1112131415169$8.9B in 2024+25% since 2018
0$2.5B$5.0B$7.5B$10.0B2018: $7.1B$7.1B20182019: $8.2B$8.2B2019+16%2020: $8.3B$8.3B2020+1%2021: $8.1B$8.1B2021−3%2022: $8.8B$8.8B2022+9%2023: $9.9B$9.9B2023+13%2024: $8.9B$8.9B2024−11%
Net income1112131415169$1.4B in 2024−51% since 2018
0$2.5B$5.0B$7.5B$10.0B2018: $2.8B$2.8B20182019: $3.7B$3.7B2019+35%2020: $2.6B$2.6B2020−31%2021: $9.5B$9.5B2021+273%2022: $4.2B$4.2B2022−56%2023: $4.8B$4.8B2023+14%2024: $1.4B$1.4B2024−72%

Every line of the income statement as filed: the last 3 fiscal years, latest first.10

Period ending2025-12-312024-12-312023-12-31
Service revenues803.7B MXN741.9B MXN689.2B MXN
Sales of equipment140.0B MXN127.4B MXN126.9B MXN
Operating revenues943.6B MXN869.2B MXN816.0B MXN
Cost of sales of equipment and services357.6B MXN331.2B MXN316.5B MXN
Commercial, administrative and general expenses207.0B MXN186.5B MXN173.0B MXN
Other expenses6.8B MXN7.3B MXN7.0B MXN
Depreciation and amortization180.8B MXN164.1B MXN151.8B MXN
Operating costs and expenses752.2B MXN689.1B MXN648.2B MXN
Operating income191.4B MXN180.1B MXN167.8B MXN
Interest income9.1B MXN9.0B MXN9.6B MXN
Interest expense-60.3B MXN-56.0B MXN-44.5B MXN
Foreign currency exchange gain (loss), net19.8B MXN-70.7B MXN14.7B MXN
Valuation of derivatives, interest cost from labor obligations and other financial items, net-18.3B MXN5.6B MXN-26.8B MXN
Equity interest in net result of associated companies294.2M MXN-5.2B MXN-5.4B MXN
Profit before income tax142.0B MXN62.8B MXN115.3B MXN
Income tax53.9B MXN35.2B MXN34.5B MXN
Net profit for the year88.1B MXN27.6B MXN80.8B MXN
Equity holders of the parent82.8B MXN22.9B MXN76.1B MXN
Non-controlling interests5.3B MXN4.7B MXN4.7B MXN
Basic earnings per share attributable to equity holders of the parent (in dollars per share)1.37 MXN0.37 MXN1.21 MXN
Diluted earnings per share attributable to equity holders of the parent (in dollars per share)1.37 MXN0.37 MXN1.21 MXN
Effect of translation of foreign entities-19.3B MXN62.2B MXN-41.5B MXN
Re-measurement of defined benefit plan, net of deferred taxes-26.4B MXN-27.9B MXN-3.8B MXN
Unrealized (loss) gain on investments in equity and debt securities at fair value, net of deferred taxes-1.6B MXN3.5B MXN-967.6M MXN
Revaluation surplus, net of deferred taxes798.9M MXN1.7B MXN868.5M MXN
Total other comprehensive (loss) income items for the year, net of deferred taxes-46.6B MXN39.4B MXN-45.4B MXN
Equity holders of the parent36.4B MXN54.5B MXN34.6B MXN
Non-controlling interests5.1B MXN12.5B MXN793.6M MXN
Total comprehensive income for the year41.5B MXN67.0B MXN35.4B MXN

Compare América Móvil with another company

Corporate structure

América Móvil sits at the top of its group. 36 entities, 17 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of América Móvil

  • Carlos Slim Helu Filed SCHEDULE 13D/A on América Móvil, latest Dec 27, 2024 (5 filings since Feb 3, 2022)
  • BlackRock Filed SC 13G/A on América Móvil, latest Mar 9, 2022 (2 filings since Feb 7, 2022)

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What América Móvil reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$35.2B9 Dec 31, 2024$37.2B16 Dec 31, 2023−5.4%
Operating-lease assets (leased space)$9.8B9 Dec 31, 2024$6.7B16 Dec 31, 2023+46.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.8B9 Dec 31, 2024$1.3B9 Dec 31, 2023+37.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$7.7B9 Dec 31, 2024$8.6B16 Dec 31, 2023−10.5%
Intangible assets, net (excluding goodwill)$7.0B9 Dec 31, 2024$7.2B16 Dec 31, 2023−2.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.2B9 Dec 31, 2024$1.1B16 Dec 31, 2023+2.7%

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by Carlos Slim on Sep 2000.1

América Móvil was created when Telmex spun off its wireless mobile activities from its landline and internet activities. The company was founded in late 2000, while company shares were delivered to Telmex shareholders early the following year.

On 15 November 2005, the company signed an international pact with Ooredoo to jointly deliver various international services. In 2006, América Móvil made a bid to acquire Verizon's Latin American and Caribbean operations and unified its brands (Comcel Colombia, Porta in Ecuador, Telcel in México, Tracfone in the US and CTI Movil in Paraguay, Uruguay and Argentina) under the Claro umbrella. América Móvil acquired 100% of Jamaican mobile operator Oceanic Digital, under the brand name MiPhone in August 2007. By 2007, América Móvil's valuation was over $100 billion. In the US, its prepaid mobile subsidiary Tracfone had 8.6 million customers. 2007 was also the year América Movil's owner Carlos Slim became the richest person on the planet. In 2008, América Móvil launched the iPhone in Latin America. In 2009, América Móvil partnered with Nokia to use Nokia maps as its location-based service in Latin America. The group also launched the first Android phone in Latin America.

In January 2010, it made an offer to buy Carso Telecom and Telmex International ($21 billion for Telmex) in order to better compete against Spain's Telefonica and Malaysia's Telekom Malaysia. The acquisition was approved by the CFC (Comisión Federal de Competencia) Antitrust Office in Mexico on 11 February 2010. América Móvil had once been Telmex' mobile division, but had grown far larger than its former parent since its spinoff in 2001.

In early August 2013, América Móvil offered to take over the remaining 70% stake of the Dutch telecommunications company KPN for 7.2 billion Euros ($9.49 billion). América Móvil currently owns about 16% of KPN. The Dutch government has warned against this acquisition quoting it as a threat to national security. The Dutch government's intervention comes after the council representing employees of KPN urged authorities to halt América Móvil's planned bid.

In 2018, the company's chief executive Daniel Hajj announced that América Móvil is seeking a TV license in Mexico.

In January 2019, America Movil announces the acquisition of Telefonica's operations in Guatemala and El Salvador for $333 million and $315 million respectively. However, the agreement for Telefonica Moviles and Telefonica Multiservicios in El Salvador, under the Movistar brand, was cancelled by mutual agreement with Telefonica in 2020 due to the conditions imposed by the monitoring of competition in El Salvador.

From Wikipedia’s article on América Móvil, shared under CC BY-SA 4.0.7

Leadership

Who has led América Móvil, and when. Pick a name to see everywhere that person has worked.

20052010201520202025
Board members and other officers (7)

Products and brands

  • landline telephone

Listed on Wikidata.1

South America

CDMA (800/1900MHZ), GSM/GPRS/EDGE (850/1900MHZ), UMTS/HSDPA (850/1900MHZ) first UMTS live by América Móvil LTE

TDMA (800MHZ, discontinued in 2009), GSM/GPRS/EDGE (900/1800MHZ), UMTS/HSDPA (850/2100MHZ), LTE (700MHZ/1800MHZ/2100MHZ/2600MHZ)

TDMA (800MHZ, discontinued in 2009), GSM/GPRS/EDGE (850/1900MHZ), UMTS/HSDPA (850MHZ, 1900MHZ), LTE (2600MHZ, 700MHZ)

TDMA (800MHZ), GSM/GPRS/EDGE (850MHZ soon 1900), UMTS/HSDPA (850MHZ soon 1900) LTE

Read the full text

GSM/GPRS/EDGE (850/1900MHZ), UMTS/HSDPA (850MHZ soon 1900) LTE

CDMA (1900MHZ), GSM/GPRS/EDGE (850/1900MHZ), UMTS/HSDPA (850MHZ soon LTE

Caribbean

CDMA (800/1900MHZ), GSM/GPRS/EDGE (850/1900MHZ), UMTS/HSDPA (850MHZ soon 1900) LTE

GSM/GPRS/EDGE (850/1900MHZ), UMTS/HSDPA (850MHZ soon 1900) LTE

CDMA (800MHZ), GSM/GPRS/EDGE (850MHZ), UMTS/HSDPA (850MHZ) LTE

Central America

CDMA (1900MHZ), GSM/GPRS/EDGE (900/1900MHZ), UMTS/HSPA (1900MHZ) first HSPA (High-Speed Packet Access) live by América Móvil LTE

GSM/GPRS/EDGE (1900MHZ), UMTS/HSDPA (1900MHZ) LTE

GSM/GPRS/EDGE (1900MHZ), UMTS/HSDPA (1900MHZ) LTE

GSM/GPRS/EDGE (1900MHZ), UMTS/HSDPA (1900MHZ) LTE

GSM/GPRS/EDGE (1900MHZ), UMTS/HSDPA (850MHZ) LTE

North America

TDMA (800MHZ), GSM/GPRS/EDGE (850/1900MHZ), UMTS/HSDPA (850/1900MHZ), LTE (1700MHZ)

Europe

GSM/GPRS/EDGE (900/1800MHZ), UMTS/HSDPA (900/2100MHZ), LTE (800/1800/2600MHZ)

GSM/GPRS/EDGE (900/1800MHZ), UMTS/HSDPA (900/2100MHZ), LTE (800/1800/2600MHZ)

GSM/GPRS/EDGE (900/1800MHZ), UMTS/HSDPA (2100MHZ), LTE (1800MHZ)

GSM/GPRS/EDGE (900MHZ), UMTS/HSDPA (2100MHZ), LTE (800/1800MHZ)

GSM/GPRS/EDGE (900/1800MHZ), UMTS/HSDPA (900/2100MHZ), LTE (800/1800/2600MHZ)

GSM/GPRS/EDGE (900/1800MHZ), UMTS/HSDPA (900/2100MHZ), LTE (800/1800MHZ)

GSM/GPRS/EDGE (900/1800MHZ), UMTS/HSDPA (2100MHZ), LTE (800/1800/2600MHZ)

GSM/GPRS/EDGE (900/1800MHZ), UMTS/HSDPA (2100MHZ), LTE (800MHZ) (sold in 2020)

From Wikipedia’s article on América Móvil, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries

Also owns

From Wikidata.1

Acquisitions

  1. Aug 7, 2008Acquired ESTESA1

Employees over time

  • 2023176,0831
  • 2018189,4481

Former names

  • AMERICA MOVIL SA DE CV/Mar 30, 2001 to Jan 5, 20076
  • AMERICA MOVIL SA DE CVDec 11, 2000 to Dec 11, 20006

Timeline

  1. Mar 18, 2026New chief executive Aboumrad Daniel Antonio Hajj becomes CEO17
  2. Sep 2000Founded Founded1

Calendar

Coming up

  1. Oct 20, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.40 a share, on Oct 15, 2025.25

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

158 filings to the SEC since October 2021: 7 annual reports, 9 insider forms, 7 large holders, 135 other. The latest 20:

  1. Oct 2, 20266-K EDGAR
  2. Aug 25, 20264 EDGAR
  3. Jul 23, 20266-K EDGAR
  4. Jul 21, 20266-K EDGAR
  5. Jun 1, 20266-K EDGAR
  6. Apr 29, 20266-K EDGAR
  7. Apr 28, 202620-F EDGAR
  8. Apr 24, 20266-K EDGAR
  9. Apr 23, 20266-K EDGAR
  10. Mar 23, 20266-K EDGAR
  11. Mar 18, 20266-K EDGAR
  12. Mar 18, 20263 EDGAR
  13. Mar 18, 20263 EDGAR
  14. Mar 18, 20263 EDGAR
  15. Mar 18, 20263 EDGAR
  16. Mar 18, 20263 EDGAR
  17. Mar 16, 20263 EDGAR
  18. Mar 16, 20263 EDGAR
  19. Mar 16, 20263 EDGAR
  20. Feb 12, 20266-K EDGAR

The 158 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Fmr LLC24,474,821$636.1M0.0%−452,209
Lazard Asset Management LLC20,859,778$542.1M0.8%+51,863
Capital World Investors13,893,568$361.3M0.0%+21,055
Westwood Global Investments, LLC13,194,202$342.9M12.0%+850,272
Robeco Institutional Asset Management B.V.7,223,875$187.7M0.2%−713,390
Boston Partners6,636,318$172.5M0.2%−552,016
Bank Of America Corp /de/6,312,425$164.1M0.0%+4,040,019
Capital International Investors5,824,597$151.4M0.0%−4,394,190
Morgan Stanley5,169,238$134.3M0.0%+796,250
Dimensional Fund Advisors LP4,190,435$108.9M0.0%−114,944
Discovery Capital Management, LLC / Ct3,988,067$103.6M4.3%−456,116
American Century Companies Inc3,382,229$87.9M0.0%−62,400
Brandes Investment Partners, LP3,093,426$80.4M0.6%+77,538
Nomura Asset Management International Inc.2,704,122$70.3M0.1%+493,870
Amundi2,475,794$64.3M0.0%+94,255
Allspring Global Investments Holdings, LLC2,240,903$57.4M0.1%−228,025
Teacher Retirement System Of Texas2,200,300$57.2M0.2%−470,000
William Blair Investment Management, LLC2,010,385$52.2M0.2%New
First Trust Advisors LP2,006,212$52.1M0.0%−93,048
Itau Unibanco Holding S.A.1,990,963$52.0M1.0%−1,345,073
Russell Investments Group, Ltd.1,869,653$48.6M0.0%+375,071
Capital Wealth Planning, LLC1,493,364$38.8M0.2%+449,183
Axiom Investors LLC /de1,408,480$36.6M0.3%New
Glenmede Trust Co Na1,314,391$34.2M0.2%−908
Wellington Management Group Llp1,256,073$32.6M0.0%+6,521

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Mar 18, 2025Sheri BiggsRepublican, HouseSale$1,001 - $15,000−22.3%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How América Móvil is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAMERICA MOVIL SAB DE CV/2
  • CIK0001129137
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company28
  • Incorporated inUnited Mexican States28
  • Fiscal year endsDecember 312
  • Industry code (SIC)4813 Telephone Communications (No Radiotelephone)2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business addressLago Zurich 245, Colonia Granada Ampliacion, Mexico City, Mexico2
  • Phone5255-2581-44492
  • Shares outstanding60,264,000,000 shares as of Dec 31, 202528
  • AuditorGalaz, Yamazaki, Ruiz Urquiza, S.C, Mexico City, Mexico PCAOB ID 1153; it also attests to the company’s internal control over financial reporting28
  • On EDGAR sinceDec 11, 20002
  • Filings875 in all: 6-K (504), 424B2 (65), SC 13D/A (58), FWP (30), 20-F (26), SC 13G/A (19), CORRESP (16), UPLOAD (14)2
    All 42 form types

    425 (13), SC 13G (11), 424B3 (10), 8-A12B (9), EFFECT (9), F-4 (9), 3 (8), F-3ASR (7), SC TO-T/A (7), CERT (5), F-6 (5), 20-F/A (4), CB (4), CERTNYS (4), SC TO-C (4), 20FR12B/A (3), 25-NSE (3), F-4/A (3), NT 20-F (3), SC 13D (3), 20FR12G/A (2), 424B5 (2), F-6/A (2), F-X (2), SC TO-T (2), 20FR12B (1), 20FR12G (1), 25 (1), 4 (1), F-3 (1), F-3/A (1), IRANNOTICE (1), NO ACT (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (20-F) Apr 28, 2026

Securities registered for trading

ClassSymbolExchange
American Depositary Shares, each representing 20 B Shares, without par valueAMXNew York Stock Exchange
3.625% Senior Notes Due 2029AMX29New York Stock Exchange
2.875% Senior Notes Due 2030AMX30New York Stock Exchange
4.700% Senior Notes Due 2032AMX32New York Stock Exchange
5.000% Senior Notes Due 2033AMX33New York Stock Exchange
6.375% Senior Notes Due 2035AMX35New York Stock Exchange
6.125% Senior Notes Due 2037AMX37New York Stock Exchange
6.125% Senior Notes Due 2040AMX40New York Stock Exchange
4.375% Senior Notes Due 2042AMX42New York Stock Exchange
4.375% Senior Notes Due 2049AMX49New York Stock Exchange

From the cover page of the 20-F filed Apr 28, 2026 (Section 12(b) of the Exchange Act).28

Sources

The numbers on this page point here. Each one links to the record it came from.

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    Yahoo FinanceAMX quote
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