Arcos Dorados (ARCO) Financials

$8.94 -0.10 (-1.05%)

Closing price 05/7/2026 03:59 PM Eastern

Extended Trading

$8.97 +0.03 (+0.28%)

As of 05/7/2026 07:23 PM Eastern

Annual Income Statements for Arcos Dorados

This table shows Arcos Dorados' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	1,779	79	129	37	80	-149	45	140	181	149	212
Consolidated Net Income / (Loss)	-51	79	129	37	80	-149	46	141	182	149	213
Net Income / (Loss) Continuing Operations	1,780	79	129	37	80	-149	46	141	182	149	213
Total Pre-Tax Income	-29	139	183	85	119	-132	78	226	278	259	341
Total Operating Income	93	179	273	123	160	-67	140	264	314	325	364
Total Gross Profit	2,338	-1,675	1,455	1,375	1,323	851	1,228	1,655	2,001	2,090	2,148
Total Revenue	3,053	0.00	3,320	3,082	2,959	1,984	2,660	3,619	4,332	4,470	4,678
Operating Revenue	3,053	-	3,320	3,082	2,959	1,984	2,660	3,619	4,332	4,470	4,678
Total Cost of Revenue	715	1,675	1,864	1,706	1,637	1,134	1,432	1,964	2,331	2,380	2,531
Operating Cost of Revenue	715	1,675	1,864	1,706	1,637	1,134	1,432	1,964	2,331	2,380	2,531
Total Operating Expenses	413	-1,854	1,183	1,252	1,163	917	1,088	1,390	1,687	1,766	1,783
Selling, General & Admin Expense	271	974	1,087	1,033	1,012	796	983	1,207	1,439	1,518	1,613
Other Operating Expenses / (Income)	143	-2,827	95	219	150	122	105	183	247	247	170
Total Other Income / (Expense), net	-122	-40	-90	-38	-41	-65	-62	-38	-36	-65	-23
Interest Expense	64	67	68	53	52	33	50	44	32	47	14
Other Income / (Expense), net	-58	27	-22	15	11	-32	-12	5.72	-3.65	-18	-9.42
Income Tax Expense	23	60	53	48	39	18	32	85	96	110	129
Net Income / (Loss) Attributable to Noncontrolling Interest	0.26	0.18	0.33	0.19	0.22	0.07	0.37	0.58	1.14	0.62	0.47
Basic Earnings per Share	($0.25)	$0.37	$0.61	$0.18	$0.39	($0.72)	$0.22	$0.67	$0.86	$0.71	$1.01
Weighted Average Basic Shares Outstanding	-	-	211.07M	205.23M	204.07M	207.27M	210.48M	210.59M	210.65M	210.66M	210.66M
Diluted Earnings per Share	($0.25)	$0.37	$0.61	$0.18	$0.38	($0.72)	$0.22	$0.67	$0.86	$0.71	$1.01
Weighted Average Diluted Shares Outstanding	-	-	211.07M	205.23M	204.07M	207.27M	210.48M	210.59M	210.65M	210.66M	210.66M
Weighted Average Basic & Diluted Shares Outstanding	-	-	211.07M	205.23M	204.07M	207.27M	210.48M	210.59M	210.65M	210.66M	210.66M

No quarterly income statements for Arcos Dorados are available.

This table details how cash moves in and out of Arcos Dorados' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-27	82	114	-111	-75	44	113	-12	-70	-62	238
Net Cash From Operating Activities	113	164	255	180	223	16	258	345	382	267	296
Net Cash From Continuing Operating Activities	113	164	255	180	223	16	258	345	382	267	296
Net Income / (Loss) Continuing Operations	-52	79	129	37	80	-149	45	140	181	149	212
Consolidated Net Income / (Loss)	-52	79	129	37	80	-149	45	140	181	149	212
Depreciation Expense	111	93	99	106	123	127	120	120	149	177	197
Amortization Expense	3.98	3.97	3.43	3.19	3.19	3.51	4.25	5.34	4.27	4.87	5.94
Non-Cash Adjustments To Reconcile Net Income	-3.80	-47	-44	12	-0.94	41	11	11	29	7.57	15
Changes in Operating Assets and Liabilities, net	53	35	67	22	18	-6.31	76	69	18	-72	-134
Net Cash From Investing Activities	-60	23	-124	-164	-261	-89	-108	-260	-380	-280	-335
Net Cash From Continuing Investing Activities	-60	23	-124	-164	-261	-89	-108	-260	-380	-280	-335
Purchase of Property, Plant & Equipment	-92	-92	-175	-197	-265	-86	-115	-217	-360	-328	-281
Acquisitions	-	-	-0.87	0.00	-2.66	-3.83	-0.19	-4.80	-2.08	-6.08	-7.06
Purchase of Investments	0.00	-	-	-	-	0.00	0.00	-41	-87	-30	-134
Sale of Property, Plant & Equipment	24	113	62	2.89	3.34	0.80	1.99	2.71	2.54	8.21	2.57
Sale and/or Maturity of Investments	9.70	0.00	-20	20	-	-	0.00	0.00	67	76	89
Other Investing Activities, net	-1.36	1.83	-1.65	0.62	-1.26	0.64	4.92	0.64	-0.73	-0.94	-3.69
Net Cash From Financing Activities	-42	-113	-3.35	-73	-30	126	-18	-60	-12	-37	289
Net Cash From Continuing Financing Activities	-42	-113	-3.35	-73	-30	126	-18	-60	-12	-37	289
Repayment of Debt	-50	-274	-228	-6.47	6.76	-17	-41	-379	-29	-49	-452
Payment of Dividends	-13	0.00	0.00	-21	-22	-10	-0.02	-32	-40	-51	-51
Issuance of Debt	0.00	0.00	265	0.00	0.00	153	0.00	350	30	77	790
Other Financing Activities, net	20	161	-41	-	0.00	0.00	23	0.00	28	-15	1.16
Effect of Exchange Rate Changes	-37	8.07	-14	-54	-8.26	-9.16	-19	-38	-60	-11	-12
Cash Interest Paid	64	77	53	55	52	57	53	56	48	52	59
Cash Income Taxes Paid	11	39	24	32	34	23	35	79	73	121	116

No quarterly cash flow statements for Arcos Dorados are available.

This table presents Arcos Dorados' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	1,403	1,505	1,804	1,578	2,558	2,294	2,361	2,637	3,019	2,893	3,886
Total Current Assets	379	445	653	465	405	416	540	684	605	468	852
Cash & Equivalents	113	195	308	197	122	166	279	267	197	135	373
Short-Term Investments	-	0.00	20	0.00	0.03	-	0.00	37	50	3.53	49
Note & Lease Receivable	63	83	111	84	100	94	82	124	148	119	164
Accounts Receivable	36	29	36	25	28	21	22	27	39	42	84
Inventories, net	45	49	83	46	38	34	38	50	53	52	66
Prepaid Expenses	111	88	94	109	118	100	119	120	119	116	104
Other Current Assets	0.00	1.75	0.41	2.32	0.00	0.70	0.00	59	0.00	0.42	10
Plant, Property, & Equipment, net	833	848	891	856	961	797	744	856	1,120	1,127	1,309
Total Noncurrent Assets	191	212	260	257	1,191	1,082	1,078	1,096	1,294	1,297	1,725
Long-Term Investments	-	-	-	-	-	1.64	13	15	18	14	16
Goodwill	49	43	48	41	43	37	39	55	70	67	149
Noncurrent Deferred & Refundable Income Taxes	63	70	74	58	68	56	68	88	98	90	104
Other Noncurrent Operating Assets	78	98	138	158	1,080	988	958	939	1,108	1,126	1,456
Total Liabilities & Shareholders' Equity	1,403	1,505	1,804	1,578	2,558	2,294	2,361	2,637	3,019	2,893	3,886
Total Liabilities	1,116	1,153	1,308	1,185	2,136	2,096	2,140	2,312	2,502	2,383	3,114
Total Current Liabilities	577	548	606	493	595	503	618	759	842	766	829
Short-Term Debt	164	28	4.36	4.19	17	3.13	4.74	19	31	63	12
Accounts Payable	188	218	303	242	260	210	269	353	375	348	357
Accrued Expenses	108	162	133	109	104	124	106	137	164	134	180
Current Deferred & Payable Income Tax Liabilities	30	39	55	54	62	34	70	65	78	39	51
Other Taxes Payable	69	74	82	61	62	57	67	81	85	79	93
Other Current Liabilities	2.64	21	18	13	82	64	89	95	101	95	118
Other Current Nonoperating Liabilities	16	7.04	9.99	9.95	9.94	12	11	7.91	7.45	7.80	19
Total Noncurrent Liabilities	539	605	702	692	1,541	1,592	1,522	1,553	1,661	1,617	2,285
Long-Term Debt	491	552	629	626	624	773	739	712	713	716	1,126
Noncurrent Deferred & Payable Income Tax Liabilities	8.22	1.87	11	0.96	4.30	5.07	7.17	3.93	1.17	2.08	2.76
Other Noncurrent Operating Liabilities	39	52	62	65	913	814	776	837	947	899	1,156
Total Equity & Noncontrolling Interests	287	352	496	393	422	198	221	324	517	509	772
Total Preferred & Common Equity	286	351	496	392	421	198	220	324	515	508	770
Total Common Equity	286	351	496	392	421	198	220	324	515	508	770
Common Stock	517	521	524	528	529	531	531	532	532	532	532
Retained Earnings	193	272	401	413	471	291	316	425	566	664	826
Treasury Stock	-	-	0.00	-	-	-	-	-19	-	-19	-19
Accumulated Other Comprehensive Income / (Loss)	-424	-442	-429	-502	-520	-585	-608	-613	-563	-668	-568
Noncontrolling Interest	0.62	0.59	0.49	0.38	0.43	0.47	0.73	0.80	1.56	1.35	1.65

No quarterly balance sheets for Arcos Dorados are available.

This table displays calculated financial ratios and metrics derived from Arcos Dorados' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	210,663,057.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	210,663,057.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.01
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-16.39%	-100.00%	0.00%	-7.17%	-3.98%	-32.94%	34.05%	36.05%	19.70%	3.19%	4.66%
EBITDA Growth	28.45%	100.90%	-82.96%	-30.22%	20.41%	-89.28%	689.98%	56.87%	17.37%	5.35%	14.21%
EBIT Growth	3,131.32%	373.18%	288.87%	-72.52%	23.90%	-157.57%	229.32%	112.16%	14.90%	-1.25%	15.81%
NOPAT Growth	98.34%	55.62%	180.02%	-72.23%	100.66%	-143.38%	276.00%	100.13%	25.15%	-9.23%	21.39%
Net Income Growth	52.88%	253.77%	191.84%	-71.40%	116.34%	-286.46%	130.69%	207.33%	29.45%	-18.11%	42.31%
EPS Growth	103.85%	496.00%	64.86%	-70.49%	111.11%	-289.47%	130.56%	204.55%	28.36%	-17.44%	42.25%
Operating Cash Flow Growth	-83.28%	91.40%	55.41%	-29.56%	24.34%	-92.86%	1,516.21%	33.87%	10.57%	-30.14%	11.05%
Free Cash Flow Firm Growth	-31.33%	122.76%	-77.00%	-88.35%	-120.35%	1,515.58%	157.64%	-51.56%	-151.05%	188.89%	-352.57%
Invested Capital Growth	-51.54%	-12.06%	9.15%	3.02%	13.59%	-13.77%	-16.40%	8.72%	34.87%	13.88%	30.37%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	229.73%	0.00%	43.85%	44.63%	44.70%	42.87%	46.15%	45.73%	46.19%	46.76%	45.91%
EBITDA Margin	4.93%	0.00%	10.66%	8.02%	10.05%	1.61%	9.47%	10.92%	10.71%	10.93%	11.93%
Operating Margin	3.06%	0.00%	8.22%	4.01%	5.40%	-3.36%	5.25%	7.31%	7.25%	7.26%	7.79%
EBIT Margin	2.35%	0.00%	7.57%	4.48%	5.78%	-4.96%	4.79%	7.46%	7.17%	6.86%	7.59%
Profit (Net Income) Margin	-1.68%	0.00%	3.90%	1.20%	2.71%	-7.53%	1.72%	3.89%	4.21%	3.34%	4.54%
Tax Burden Percent	359.82%	113.96%	70.84%	43.48%	67.35%	113.30%	58.95%	62.24%	65.59%	57.61%	62.28%
Interest Burden Percent	-159.27%	67.46%	145.57%	61.70%	69.55%	133.91%	61.09%	83.81%	89.60%	84.59%	96.15%
Effective Tax Rate	0.00%	86.04%	29.16%	56.52%	32.65%	0.00%	41.05%	37.76%	34.41%	42.39%	37.72%
Return on Invested Capital (ROIC)	13.18%	0.00%	24.87%	6.52%	12.06%	-5.28%	10.94%	23.04%	23.57%	17.42%	17.24%
ROIC Less NNEP Spread (ROIC-NNEP)	-5.56%	0.00%	6.82%	2.13%	6.38%	-23.15%	4.23%	17.68%	18.37%	10.71%	15.11%
Return on Net Nonoperating Assets (RNNOA)	-14.36%	0.00%	5.69%	1.82%	7.61%	-42.94%	10.94%	28.62%	19.80%	11.69%	15.94%
Return on Equity (ROE)	-15.54%	24.74%	30.55%	8.33%	19.68%	-48.22%	21.88%	51.66%	43.37%	29.11%	33.18%
Cash Return on Invested Capital (CROIC)	72.35%	51.28%	32.22%	3.54%	-0.67%	9.51%	28.81%	14.68%	-6.13%	4.43%	-9.13%
Operating Return on Assets (OROA)	7.35%	0.00%	15.18%	8.16%	8.27%	-4.06%	5.47%	10.81%	10.98%	10.37%	10.47%
Return on Assets (ROA)	-6.43%	0.00%	7.83%	2.19%	3.87%	-6.16%	1.97%	5.64%	6.45%	5.05%	6.27%
Return on Common Equity (ROCE)	-7.76%	104.34%	61.03%	8.32%	19.66%	-48.15%	21.81%	51.51%	43.25%	29.03%	33.10%
Return on Equity Simple (ROE_SIMPLE)	-35.89%	22.50%	52.25%	9.44%	19.02%	-75.62%	20.80%	43.54%	35.40%	29.40%	0.00%
Net Operating Profit after Tax (NOPAT)	65	102	193	54	108	-47	82	165	206	187	227
NOPAT Margin	2.14%	0.00%	5.82%	1.74%	3.64%	-2.36%	3.09%	4.55%	4.75%	4.18%	4.85%
Net Nonoperating Expense Percent (NNEP)	12.15%	9.58%	36.10%	4.39%	5.68%	17.87%	6.71%	5.36%	5.20%	6.71%	2.13%
Return On Investment Capital (ROIC_SIMPLE)	6.94%	10.93%	17.12%	5.25%	10.15%	-4.79%	8.52%	15.59%	16.33%	14.51%	11.88%
Cost of Revenue to Revenue	46.84%	0.00%	56.15%	55.37%	55.30%	57.13%	53.85%	54.27%	53.81%	53.25%	54.10%
SG&A Expenses to Revenue	26.60%	0.00%	32.75%	33.52%	34.20%	40.09%	36.96%	33.35%	33.23%	33.96%	34.48%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	27.07%	0.00%	35.62%	40.63%	39.29%	46.23%	40.91%	38.42%	38.94%	39.50%	38.12%
Earnings before Interest and Taxes (EBIT)	72	206	502	138	171	-98	127	270	310	307	355
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	301	605	354	247	297	32	252	395	464	489	558
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.95	2.76	3.75	3.67	3.46	4.75	5.08	5.15	5.01	3.00	1.99
Price to Tangible Book Value (P/TBV)	2.35	3.15	4.15	4.10	3.86	5.85	6.17	6.19	5.80	3.45	2.47
Price to Revenue (P/Rev)	0.18	0.00	0.56	0.47	0.49	0.47	0.42	0.46	0.60	0.34	0.33
Price to Earnings (P/E)	0.31	12.30	30.40	39.11	18.25	0.00	24.64	11.87	14.24	10.23	7.23
Dividend Yield	0.00%	0.00%	0.00%	1.46%	1.55%	2.39%	0.00%	1.90%	1.55%	3.32%	3.30%
Earnings Yield	319.31%	8.13%	13.85%	2.56%	5.48%	0.00%	4.06%	8.43%	7.02%	9.77%	13.84%
Enterprise Value to Invested Capital (EV/IC)	1.30	1.82	2.67	2.24	2.08	1.89	2.30	2.79	3.05	1.88	1.50
Enterprise Value to Revenue (EV/Rev)	0.36	0.00	0.65	0.61	0.67	0.78	0.59	0.57	0.71	0.48	0.48
Enterprise Value to EBITDA (EV/EBITDA)	7.31	4.48	12.82	7.59	6.65	48.54	6.25	5.26	6.60	4.40	4.00
Enterprise Value to EBIT (EV/EBIT)	30.69	6.59	18.07	13.58	11.56	0.00	12.36	7.69	9.87	7.01	6.29
Enterprise Value to NOPAT (EV/NOPAT)	16.83	13.31	11.20	34.92	18.35	0.00	19.13	12.63	14.87	11.50	9.84
Enterprise Value to Operating Cash Flow (EV/OCF)	9.77	8.25	17.79	10.43	8.85	96.96	6.10	6.02	8.02	8.06	7.54
Enterprise Value to Free Cash Flow (EV/FCFF)	3.07	6.65	17.28	64.23	0.00	18.42	7.27	19.81	0.00	45.15	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	4.57	3.30	1.28	1.61	1.52	3.92	3.36	2.25	1.44	1.53	1.47
Long-Term Debt to Equity	3.43	3.14	1.27	1.59	1.48	3.91	3.34	2.19	1.38	1.41	1.46
Financial Leverage	2.58	2.98	0.83	0.85	1.19	1.85	2.59	1.62	1.08	1.09	1.05
Leverage Ratio	9.19	4.56	7.81	3.80	5.08	7.83	11.11	9.16	6.72	5.76	5.29
Compound Leverage Factor	-3.42	6.15	5.68	2.35	3.53	10.49	6.78	7.68	6.02	4.87	5.09
Debt to Total Capital	139.09%	124.49%	112.16%	61.62%	60.29%	79.68%	77.08%	69.26%	59.02%	60.46%	59.57%
Short-Term Debt to Total Capital	17.38%	3.02%	0.77%	0.41%	1.56%	0.32%	0.49%	1.83%	2.48%	4.88%	0.62%
Long-Term Debt to Total Capital	104.32%	59.23%	111.39%	61.21%	58.74%	79.36%	76.59%	67.43%	56.54%	55.58%	58.95%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.13%	0.06%	0.09%	0.04%	0.04%	0.05%	0.08%	0.08%	0.12%	0.10%	0.09%
Common Equity to Total Capital	60.78%	75.38%	87.75%	38.34%	39.67%	20.27%	22.84%	30.66%	40.86%	39.44%	40.34%
Debt to EBITDA	4.35	1.92	1.79	2.55	2.15	24.35	2.95	1.85	1.60	1.59	2.04
Net Debt to EBITDA	10.81	2.55	2.59	1.75	1.74	19.09	1.79	1.04	1.03	1.28	1.25
Long-Term Debt to EBITDA	3.26	1.82	1.78	2.54	2.10	24.25	2.93	1.80	1.54	1.46	2.02
Debt to NOPAT	20.04	5.70	6.55	11.75	5.94	-16.62	9.05	4.44	3.61	4.17	5.01
Net Debt to NOPAT	8.30	7.57	3.16	8.07	4.81	-13.03	5.50	2.50	2.33	3.35	3.08
Long-Term Debt to NOPAT	15.03	10.84	6.51	11.67	5.79	-16.55	8.99	4.32	3.46	3.83	4.96
Altman Z-Score	2.58	1.13	7.09	3.32	1.96	1.12	1.77	2.33	2.56	2.48	2.11
Noncontrolling Interest Sharing Ratio	0.35%	0.38%	0.25%	0.10%	0.10%	0.14%	0.29%	0.28%	0.28%	0.28%	0.23%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.66	0.81	1.08	0.94	0.68	0.83	0.87	0.90	0.72	0.61	1.03
Quick Ratio	1.10	0.56	1.57	0.62	0.42	0.56	0.62	0.60	0.52	0.39	0.81
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	718	204	251	29	-5.94	84	217	105	-54	48	-120
Operating Cash Flow to CapEx	164.62%	0.00%	226.25%	92.57%	85.33%	18.67%	228.33%	161.12%	106.83%	83.54%	106.30%
Free Cash Flow to Firm to Interest Expense	12.74	3.05	1.83	0.55	-0.11	2.52	4.37	2.40	-1.66	1.01	-8.80
Operating Cash Flow to Interest Expense	3.50	2.46	3.73	3.40	4.29	0.48	5.21	7.90	11.83	5.65	21.69
Operating Cash Flow Less CapEx to Interest Expense	1.37	8.32	4.17	-0.27	-0.74	-2.08	2.93	3.00	0.76	-1.11	1.29
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.91	0.00	2.01	1.82	1.43	0.82	1.14	1.45	1.53	1.51	1.38
Accounts Receivable Turnover	121.17	0.00	101.90	99.95	110.57	81.50	125.02	148.25	132.25	110.12	73.71
Inventory Turnover	15.49	35.81	56.64	26.49	39.01	31.75	40.12	44.70	45.30	45.56	42.88
Fixed Asset Turnover	3.17	0.00	3.82	3.53	3.26	2.26	3.45	4.52	4.38	3.98	3.84
Accounts Payable Turnover	3.50	16.52	7.15	6.25	6.52	4.83	5.98	6.31	6.40	6.59	7.18
Days Sales Outstanding (DSO)	12.05	0.00	3.58	3.65	3.30	4.48	2.92	2.46	2.76	3.31	4.95
Days Inventory Outstanding (DIO)	47.13	10.19	25.78	13.78	9.36	11.50	9.10	8.17	8.06	8.01	8.51
Days Payable Outstanding (DPO)	208.29	200.16	102.09	58.39	55.99	75.52	61.00	57.86	57.03	55.43	50.80
Cash Conversion Cycle (CCC)	-74.55	0.00	-34.57	-40.96	-43.33	-59.54	-48.98	-47.23	-46.21	-44.10	-37.34
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	845	743	812	836	950	819	685	744	1,004	1,143	1,490
Invested Capital Turnover	3.08	0.00	4.27	3.74	3.31	2.24	3.54	5.07	4.96	4.16	3.55
Increase / (Decrease) in Invested Capital	-294	-102	68	24	114	-131	-134	60	260	139	347
Enterprise Value (EV)	1,100	1,355	2,165	1,875	1,977	1,548	1,574	2,078	3,063	2,150	2,234
Market Capitalization	557	969	1,859	1,441	1,458	939	1,121	1,665	2,582	1,522	1,533
Book Value per Share	$1.36	$3.33	$4.70	$1.86	$2.05	$0.97	$1.06	$1.54	$2.45	$2.41	$3.66
Tangible Book Value per Share	$2.25	$2.93	$2.13	$1.66	$1.84	$0.79	$0.88	$1.28	$2.11	$2.10	$2.95
Total Capital	942	1,863	1,130	1,023	1,062	975	965	1,055	1,261	1,288	1,910
Total Debt	655	1,159	634	631	640	777	744	731	744	779	1,138
Total Long-Term Debt	983	1,103	1,258	626	624	773	739	712	713	716	1,126
Net Debt	543	385	611	433	518	609	452	412	479	626	699
Capital Expenditures (CapEx)	137	-42	226	194	262	86	113	214	358	319	279
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-147	-540	-276	-222	-295	-251	-352	-360	-452	-373	-387
Debt-free Net Working Capital (DFNWC)	-69	-150	104	-25	-174	-85	-73	-56	-205	-235	35
Net Working Capital (NWC)	-397	-103	95	-29	-190	-88	-78	-75	-236	-298	23
Net Nonoperating Expense (NNE)	117	23	64	17	28	103	36	24	24	38	14
Net Nonoperating Obligations (NNO)	559	392	315	443	528	621	463	420	487	634	718
Total Depreciation and Amortization (D&A)	115	97	206	109	126	130	125	125	154	182	203
Debt-free, Cash-free Net Working Capital to Revenue	-4.82%	0.00%	-8.32%	-7.20%	-9.98%	-12.64%	-13.23%	-9.95%	-10.43%	-8.35%	-8.28%
Debt-free Net Working Capital to Revenue	-1.13%	0.00%	1.56%	-0.80%	-5.87%	-4.27%	-2.74%	-1.54%	-4.73%	-5.25%	0.75%
Net Working Capital to Revenue	-12.99%	0.00%	1.43%	-0.93%	-6.42%	-4.43%	-2.92%	-2.07%	-5.46%	-6.66%	0.50%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.61	$0.18	$0.39	($0.73)	$0.22	$0.67	$0.86	$0.71	$1.01
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	211.07M	205.23M	204.07M	207.27M	210.48M	210.59M	210.65M	210.66M	210.66M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.61	$0.18	$0.39	($0.73)	$0.22	$0.67	$0.86	$0.71	$1.01
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	211.07M	205.23M	204.07M	207.27M	210.48M	210.59M	210.65M	210.66M	210.66M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	211.07M	205.23M	204.07M	207.27M	210.48M	210.59M	210.65M	210.66M	210.66M
Normalized Net Operating Profit after Tax (NOPAT)	65	102	193	86	108	-47	82	165	206	187	227
Normalized NOPAT Margin	2.14%	0.00%	5.82%	2.80%	3.64%	-2.36%	3.09%	4.55%	4.75%	4.18%	4.85%
Pre Tax Income Margin	-2.81%	0.00%	5.51%	2.76%	4.02%	-6.65%	2.92%	6.26%	6.42%	5.80%	7.30%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.56	3.07	3.67	2.61	3.28	-2.95	2.57	6.17	9.62	6.49	25.99
NOPAT to Interest Expense	1.02	1.52	2.83	1.02	2.07	-1.40	1.66	3.76	6.38	3.96	16.61
EBIT Less CapEx to Interest Expense	-1.01	10.17	4.05	-1.06	-1.74	-5.51	0.29	1.27	-1.46	-0.27	5.58
NOPAT Less CapEx to Interest Expense	-0.10	1.84	2.36	-2.66	-2.96	-3.96	-0.62	-1.14	-4.70	-2.80	-3.79
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-48.70%	0.00%	0.00%	56.54%	27.99%	-6.84%	0.05%	22.41%	21.94%	33.84%	23.78%
Augmented Payout Ratio	-73.05%	0.00%	0.00%	180.84%	45.42%	-6.84%	0.05%	22.41%	21.94%	33.84%	23.78%

No quarterly metrics and ratios for Arcos Dorados are available.

Financials Breakdown Chart

Frequently Asked Questions About Arcos Dorados' Financials

When does Arcos Dorados' financial year end?

According to the most recent income statement we have on file, Arcos Dorados' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

How has Arcos Dorados' net income changed over the last 10 years?

Arcos Dorados' net income appears to be on an upward trend, with a most recent value of $212.58 million in 2025, falling from -$51.37 million in 2015. The previous period was $149.38 million in 2024. Check out Arcos Dorados' forecast to explore projected trends and price targets.

What is Arcos Dorados' operating income?

Arcos Dorados' total operating income in 2025 was $364.39 million, based on the following breakdown:

Total Gross Profit: $2.15 billion
Total Operating Expenses: $1.78 billion

How has Arcos Dorados' revenue changed over the last 10 years?

Over the last 10 years, Arcos Dorados' total revenue changed from $3.05 billion in 2015 to $4.68 billion in 2025, a change of 53.2%.

How much debt does Arcos Dorados have?

Arcos Dorados' total liabilities were at $3.11 billion at the end of 2025, a 30.7% increase from 2024, and a 178.9% increase since 2015.

How much cash does Arcos Dorados have?

In the past 10 years, Arcos Dorados' cash and equivalents has ranged from $112.52 million in 2015 to $373.44 million in 2025, and is currently $373.44 million as of their latest financial filing in 2025.

How has Arcos Dorados' book value per share changed over the last 10 years?

Over the last 10 years, Arcos Dorados' book value per share changed from 1.36 in 2015 to 3.66 in 2025, a change of 168.6%.

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Financial statements for NYSE:ARCO last updated on 5/1/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Arcos Dorados (ARCO) Financials

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Arcos Dorados (ARCO) Financials

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