América Móvil exceeded one trillion Mexican pesos in revenue in 2017 and 2018. The company's revenue then decreased to 844.5 billion Mexican pesos in 2022, before falling again to 816 billion Mexican pesos in 2023. In 2023, América Móvil’s largest market was in Mexico, generating nearly 259 billion Mexican pesos in revenue from its wireless segment, and over 101 billion Mexican pesos from its fixed services.
Financials
América Móvil’s most important segment has always been its services, with revenues accounting for approximately 84.5 percent of the company’s total revenue. By contrast, the sales of equipment segment recorded revenues of only around 127 billion Mexican pesos in 2023. If América Móvil’s revenues have slightly been decreasing over the past years, the same can be said about the company’s net profit. In 2021, América Móvil peaked its net profit at 196.3 billion Mexican pesos, before decreasing to around 80.8 billion Mexican pesos in 2023.
Employment
Despite recording a small drop in the number of employees over the past few years, América Móvil still employed over 176 thousand people worldwide. Since the company was founded in Mexico in 2001, it comes as no surprise that around half of its employees were based there as of 2023. Additionally, the highest number of employees worked in the company’s fixed division, while another 68.33 thousand people were employed in the wireless sector.
Revenue generated by América Móvil from 2012 to 2023
(in billion Mexican pesos)
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América Móvil. (April 30, 2024). Revenue generated by América Móvil from 2012 to 2023 (in billion Mexican pesos) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/706241/america-movil-revenue/
América Móvil. "Revenue generated by América Móvil from 2012 to 2023 (in billion Mexican pesos)." Chart. April 30, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/706241/america-movil-revenue/
América Móvil. (2024). Revenue generated by América Móvil from 2012 to 2023 (in billion Mexican pesos). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/706241/america-movil-revenue/
América Móvil. "Revenue Generated by América Móvil from 2012 to 2023 (in Billion Mexican Pesos)." Statista, Statista Inc., 30 Apr 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/706241/america-movil-revenue/
América Móvil, Revenue generated by América Móvil from 2012 to 2023 (in billion Mexican pesos) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/706241/america-movil-revenue/ (last visited September 20, 2024)
Revenue generated by América Móvil from 2012 to 2023 (in billion Mexican pesos) [Graph], América Móvil, April 30, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/706241/america-movil-revenue/