ARCO: Arcos Dorados Holdings Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Arcos Dorados Holdings Inc (ARCO).
$1.53B Market Cap.
ARCO Market Cap. (MRY)
ARCO Shares Outstanding (MRY)
ARCO Assets (MRY)
Total Assets
$2.89B
Total Liabilities
$2.38B
Total Investments
$17.88M
ARCO Income (MRY)
Revenue
$4.47B
Net Income
$148.76M
Operating Expense
$261.91M
ARCO Cash Flow (MRY)
CF Operations
$266.85M
CF Investing
-$280.33M
CF Financing
-$37.16M
ARCO Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $2,892,654,000 (-4.19%) | $3,019,238,000 (14.51%) | $2,636,630,000 (11.66%) | $2,361,257,000 (2.93%) |
Assets Current | $468,403,000 (-22.61%) | $605,278,000 (-11.56%) | $684,363,000 (26.71%) | $540,116,000 (29.98%) |
Assets Non-Current | $2,424,251,000 (0.43%) | $2,413,960,000 (23.65%) | $1,952,267,000 (7.20%) | $1,821,141,000 (-3.05%) |
Goodwill & Intangible Assets | $66,644,000 (-4.83%) | $70,026,000 (28.33%) | $54,569,000 (40.61%) | $38,808,000 (4.76%) |
Shareholders Equity | $508,080,000 (-1.40%) | $515,281,000 (59.22%) | $323,623,000 (46.81%) | $220,430,000 (11.58%) |
Property Plant & Equipment Net | $2,077,019,000 (0.12%) | $2,074,449,000 (23.72%) | $1,676,768,000 (11.26%) | $1,507,113,000 (-5.06%) |
Cash & Equivalents | $135,064,000 (-31.32%) | $196,661,000 (-26.33%) | $266,937,000 (-4.27%) | $278,830,000 (67.98%) |
Accumulated Other Comprehensive Income | -$668,484,000 (-18.72%) | -$563,081,000 (8.21%) | -$613,460,000 (-0.94%) | -$607,768,000 (-3.92%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $17,875,000 (-73.80%) | $68,217,000 (30.77%) | $52,167,000 (298.07%) | $13,105,000 (699.09%) |
Investments Current | $3,529,000 (-92.96%) | $50,106,000 (33.76%) | $37,459,000 (0%) | $0 (0%) |
Investments Non-Current | $14,346,000 (-20.79%) | $18,111,000 (23.14%) | $14,708,000 (12.23%) | $13,105,000 (699.09%) |
Inventory | $51,650,000 (-2.23%) | $52,830,000 (5.47%) | $50,088,000 (32.51%) | $37,800,000 (12.50%) |
Trade & Non-Trade Receivables | $161,910,000 (-13.28%) | $186,699,000 (23.59%) | $151,063,000 (44.96%) | $104,211,000 (-9.20%) |
Trade & Non-Trade Payables | $368,755,000 (-6.95%) | $396,278,000 (5.75%) | $374,748,000 (31.42%) | $285,148,000 (12.12%) |
Accumulated Retained Earnings (Deficit) | $664,390,000 (17.34%) | $566,188,000 (33.24%) | $424,936,000 (34.40%) | $316,180,000 (8.69%) |
Tax Assets | $90,287,000 (-8.02%) | $98,163,000 (11.58%) | $87,972,000 (29.75%) | $67,802,000 (22.02%) |
Tax Liabilities | $120,550,000 (-26.63%) | $164,309,000 (9.09%) | $150,613,000 (4.21%) | $144,532,000 (50.01%) |
Total Debt | $1,720,287,000 (1.73%) | $1,690,988,000 (8.29%) | $1,561,607,000 (2.05%) | $1,530,197,000 (-3.52%) |
Debt Current | $155,155,000 (24.28%) | $124,843,000 (22.08%) | $102,262,000 (21.94%) | $83,861,000 (39.87%) |
Debt Non-Current | $1,565,132,000 (-0.06%) | $1,566,145,000 (7.32%) | $1,459,345,000 (0.90%) | $1,446,336,000 (-5.22%) |
Total Liabilities | $2,383,225,000 (-4.76%) | $2,502,399,000 (8.23%) | $2,312,203,000 (8.04%) | $2,140,095,000 (2.11%) |
Liabilities Current | $765,924,000 (-9.00%) | $841,670,000 (10.83%) | $759,412,000 (22.91%) | $617,863,000 (22.72%) |
Liabilities Non-Current | $1,617,301,000 (-2.61%) | $1,660,729,000 (6.95%) | $1,552,791,000 (2.01%) | $1,522,232,000 (-4.41%) |
ARCO Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $4,470,162,000 (3.19%) | $4,331,878,000 (19.70%) | $3,618,902,000 (36.05%) | $2,659,941,000 (34.05%) |
Cost of Revenue | $3,883,740,000 (3.99%) | $3,734,733,000 (19.46%) | $3,126,297,000 (33.84%) | $2,335,882,000 (24.99%) |
Selling General & Administrative Expense | $279,859,000 (-1.80%) | $285,000,000 (19.12%) | $239,263,000 (13.44%) | $210,909,000 (23.06%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $261,907,000 (-7.49%) | $283,106,000 (24.07%) | $228,183,000 (23.65%) | $184,540,000 (1.29%) |
Interest Expense | $47,238,000 (46.36%) | $32,275,000 (-26.23%) | $43,750,000 (-11.70%) | $49,546,000 (48.38%) |
Income Tax Expense | $109,903,000 (14.84%) | $95,702,000 (11.96%) | $85,476,000 (167.67%) | $31,933,000 (82.14%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $149,379,000 (-18.11%) | $182,415,000 (29.45%) | $140,920,000 (207.33%) | $45,853,000 (130.69%) |
Net Income to Non-Controlling Interests | $620,000 (-45.66%) | $1,141,000 (97.75%) | $577,000 (57.22%) | $367,000 (464.62%) |
Net Income | $148,759,000 (-17.94%) | $181,274,000 (29.16%) | $140,343,000 (208.54%) | $45,486,000 (130.44%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $148,759,000 (-17.94%) | $181,274,000 (29.16%) | $140,343,000 (208.54%) | $45,486,000 (130.44%) |
Weighted Average Shares | $210,663,057 (0.03%) | $210,594,545 (-1.08%) | $212,903,607 (0.05%) | $212,787,384 (1.45%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $305,900,000 (-1.08%) | $309,251,000 (14.72%) | $269,569,000 (112.32%) | $126,965,000 (228.86%) |
Gross Profit | $586,422,000 (-1.80%) | $597,145,000 (21.22%) | $492,605,000 (52.01%) | $324,059,000 (180.73%) |
Operating Income | $324,515,000 (3.34%) | $314,039,000 (18.76%) | $264,422,000 (89.52%) | $139,519,000 (309.00%) |
ARCO Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$280,331,000 (26.30%) | -$380,349,000 (-46.49%) | -$259,649,000 (-139.80%) | -$108,279,000 (-22.07%) |
Net Cash Flow from Financing | -$37,162,000 (-214.32%) | -$11,823,000 (80.29%) | -$59,978,000 (-234.59%) | -$17,926,000 (-114.23%) |
Net Cash Flow from Operations | $266,847,000 (-30.14%) | $381,965,000 (10.57%) | $345,437,000 (33.87%) | $258,044,000 (1516.21%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$61,597,000 (12.35%) | -$70,276,000 (-490.90%) | -$11,893,000 (-110.54%) | $112,841,000 (155.82%) |
Net Cash Flow - Business Acquisitions and Disposals | -$6,083,000 (-192.31%) | -$2,081,000 (56.65%) | -$4,800,000 (-2494.59%) | -$185,000 (95.17%) |
Net Cash Flow - Investment Acquisitions and Disposals | $46,114,000 (330.75%) | -$19,984,000 (51.36%) | -$41,083,000 (0%) | $0 (0%) |
Capital Expenditure | -$319,426,000 (10.66%) | -$357,557,000 (-66.77%) | -$214,401,000 (-89.72%) | -$113,012,000 (-32.16%) |
Issuance (Repayment) of Debt Securities | $33,668,000 (41.07%) | $23,867,000 (-86.04%) | $170,953,000 (916.51%) | -$20,937,000 (-114.89%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$50,557,000 (-26.32%) | -$40,022,000 (-26.70%) | -$31,587,000 (-150314.29%) | -$21,000 (99.79%) |
Effect of Exchange Rate Changes on Cash | -$10,951,000 (81.77%) | -$60,069,000 (-59.32%) | -$37,703,000 (-98.46%) | -$18,998,000 (-107.40%) |
Share Based Compensation | $953,000 (-93.35%) | $14,337,000 (135.46%) | $6,089,000 (703.30%) | $758,000 (-44.26%) |
Depreciation Amortization & Accretion | $177,354,000 (18.82%) | $149,268,000 (24.62%) | $119,777,000 (-0.51%) | $120,394,000 (-5.09%) |
ARCO Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 13.10% (-5.07%) | 13.80% (1.47%) | 13.60% (11.48%) | 12.20% (110.34%) |
Profit Margin | 3.30% (-21.43%) | 4.20% (7.69%) | 3.90% (129.41%) | 1.70% (122.67%) |
EBITDA Margin | 10.80% (1.89%) | 10.60% (-1.85%) | 10.80% (16.13%) | 9.30% (564.29%) |
Return on Average Equity (ROAE) | 30.10% (-28.84%) | 42.30% (-23.37%) | 55.20% (125.31%) | 24.50% (131.98%) |
Return on Average Assets (ROAA) | 5.10% (-20.31%) | 6.40% (14.29%) | 5.60% (180.00%) | 2.00% (129.41%) |
Return on Sales (ROS) | 6.80% (-4.23%) | 7.10% (-4.05%) | 7.40% (54.17%) | 4.80% (196.00%) |
Return on Invested Capital (ROIC) | 8.40% (-6.67%) | 9.00% (2.27%) | 8.80% (114.63%) | 4.10% (228.13%) |
Dividend Yield | 3.30% (120.00%) | 1.50% (-16.67%) | 1.80% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 10.25 (-30.51%) | 14.76 (18.26%) | 12.48 (-52.91%) | 26.5 (484.73%) |
Price to Sales Ratio (P/S) | 0.34 (-44.41%) | 0.62 (25.41%) | 0.49 (5.58%) | 0.47 (-11.07%) |
Price to Book Ratio (P/B) | 3.02 (-41.80%) | 5.19 (-5.71%) | 5.5 (-2.27%) | 5.63 (6.89%) |
Debt to Equity Ratio (D/E) | 4.69 (-3.40%) | 4.86 (-32.04%) | 7.14 (-26.41%) | 9.71 (-8.49%) |
Earnings Per Share (EPS) | 0.71 (-17.44%) | 0.86 (28.36%) | 0.67 (204.55%) | 0.22 (130.56%) |
Sales Per Share (SPS) | 21.22 (3.16%) | 20.57 (21.01%) | 17 (35.98%) | 12.5 (32.14%) |
Free Cash Flow Per Share (FCFPS) | -0.25 (-315.52%) | 0.12 (-81.14%) | 0.61 (-9.82%) | 0.68 (305.42%) |
Book Value Per Share (BVPS) | 2.41 (-1.43%) | 2.45 (60.99%) | 1.52 (46.72%) | 1.04 (9.98%) |
Tangible Assets Book Value Per Share (TABVPS) | 13.41 (-4.21%) | 14 (15.47%) | 12.13 (11.12%) | 10.91 (1.43%) |
Enterprise Value Over EBIT (EV/EBIT) | 10 (-23.08%) | 13 (18.18%) | 11 (-45.00%) | 20 (180.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 6.48 (-27.88%) | 8.99 (15.82%) | 7.76 (-25.63%) | 10.44 (-87.96%) |
Asset Turnover | 1.52 (0.07%) | 1.52 (4.96%) | 1.45 (23.68%) | 1.17 (30.30%) |
Current Ratio | 0.61 (-14.88%) | 0.72 (-20.20%) | 0.9 (3.09%) | 0.87 (5.94%) |
Dividends | $0.24 (26.32%) | $0.19 (26.67%) | $0.15 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$52,579,000 (-315.42%) | $24,408,000 (-81.37%) | $131,036,000 (-9.65%) | $145,032,000 (308.54%) |
Enterprise Value (EV) | $3,132,390,055 (-23.99%) | $4,121,193,776 (36.40%) | $3,021,313,155 (17.05%) | $2,581,173,449 (5.17%) |
Earnings Before Tax (EBT) | $258,662,000 (-6.61%) | $276,976,000 (22.65%) | $225,819,000 (191.68%) | $77,419,000 (158.69%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $483,254,000 (5.39%) | $458,519,000 (17.77%) | $389,346,000 (57.40%) | $247,359,000 (773.26%) |
Invested Capital | $3,645,309,000 (1.21%) | $3,601,869,000 (15.54%) | $3,117,319,000 (5.46%) | $2,955,953,000 (-6.85%) |
Working Capital | -$297,521,000 (-25.86%) | -$236,392,000 (-214.98%) | -$75,049,000 (3.47%) | -$77,747,000 (11.59%) |
Tangible Asset Value | $2,826,010,000 (-4.18%) | $2,949,212,000 (14.22%) | $2,582,061,000 (11.18%) | $2,322,449,000 (2.90%) |
Market Capitalization | $1,533,627,055 (-42.61%) | $2,672,444,776 (50.15%) | $1,779,874,155 (43.47%) | $1,240,550,449 (19.27%) |
Average Equity | $493,598,000 (15.12%) | $428,765,000 (68.52%) | $254,431,500 (36.82%) | $185,955,000 (-4.66%) |
Average Assets | $2,930,805,250 (3.11%) | $2,842,474,750 (14.03%) | $2,492,720,250 (10.04%) | $2,265,307,000 (2.91%) |
Invested Capital Average | $3,639,023,750 (6.26%) | $3,424,494,250 (12.05%) | $3,056,276,500 (-0.88%) | $3,083,307,250 (0.93%) |
Shares | 210,663,057 (0.03%) | 210,594,545 (-1.08%) | 212,903,607 (0.05%) | 212,787,384 (1.45%) |
