America Movil posts 7.6% Q3 revenue growth, 7% profit rise and lower leverage
America Movil reported third‑quarter 2026 revenue of MXN 251 billion, up 7.6% year‑on‑year, and net profit of MXN 24 billion, a 7% increase. EBITDA margin expanded to 40.8% and net debt fell to MXN 400 billion, giving a net‑debt‑to‑EBITDA ratio of 1.21 x. The company added 390 k fixed‑broadband accesses and 745 k prepaid subscribers net of 5 million disconnections, while planning roughly USD 7 billion of capex for the next year.
Why it matters
The revenue beat and debt reduction improve the company’s financial flexibility, while the lower leverage meets the target range of 1.2‑1.5 x (the company said it aims to stay within that band). However, earnings per share missed analyst forecasts, which could pressure the stock in the short term (the company missed EPS estimates by Mex$0.03).
Key facts
- 1Q3 2026 revenue was MXN 251 billion, up 7.6% YoY. finance.yahoo.com
- 2Net profit was MXN 24 billion, up 7% YoY. finance.yahoo.com
- 3EBITDA margin was 40.8% of revenue. finance.yahoo.com
- 4Net debt stood at MXN 400 billion, giving a net‑debt‑to‑EBITDA ratio of 1.21 x. finance.yahoo.com
- 5Prepaid segment saw 5 million net disconnections but a net gain of 745 k subscribers after regional additions. finance.yahoo.com
- 6Fixed broadband added 390 k new accesses, led by Brazil (94 k). finance.yahoo.com
Open questions
- EPS figures differ: reports US$0.47 per ADR, while reports Mex$0.39 per share; the bases are not directly comparable.
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.