Saturday 17 October 2026
Export ARCO’s income statement to Excel — free account
Arcos Dorados Holdings Inc.
ARCO Consumer Cyclical Restaurants
Arcos Dorados Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.7 billion, up 4.66% from fiscal 2024. In the quarter to June 2026, revenue grew 14.3%, EPS grew 100.0%, free cash flow grew 254.3% and total debt rose 1.44%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for five.
7.96
0.10
−1.24%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
7.27 | 10.11 | 14.38 | 11.61 | 26.26 | 0.00 | 21.34 | 47.19 | 17.19 | 15.55 |
Piotroski F-Score |
5 | 4 | 7 | 8 | 8 | 3 | 6 | 5 | 6 | 7 |
Altman Z-Score |
2.12 | 2.50 | 2.59 | 2.35 | 1.81 | 1.20 | 2.00 | 3.42 | 3.71 | 3.12 |
P/S ratio |
0.33 | 0.34 | 0.59 | 0.45 | 0.46 | 0.53 | 0.57 | 0.55 | 0.67 | 0.43 |
P/FCF ratio |
88.04 | 0.00 | 105.45 | 12.50 | 8.46 | 0.00 | 0.00 | 0.00 | 15.53 | 7.77 |
Altman Z″-Score (non-manufacturers) |
1.62 | 1.05 | 1.01 | 1.16 | 0.73 | 0.07 | 0.74 | 1.61 | 2.31 | 1.26 |
Beneish M-Score |
(2.08) | (2.75) | (2.55) | (2.50) | (3.18) | (2.31) | (1.68) | (3.12) | (2.56) | (2.56) |
P/Operating CF |
11.68 | 14.33 | 17.20 | 14.88 | 10.27 | 15.84 | 19.56 | 17.81 | 20.54 | 11.97 |
Dividend Safety Score |
53 | — | — | — | — | — | — | — | — | — |
P/B ratio |
2.00 | 3.01 | 4.98 | 5.05 | 5.55 | 5.29 | 3.98 | 4.32 | 4.46 | 3.54 |
Price to Tangible BV |
2.48 | 3.46 | 5.76 | 6.07 | 6.73 | 6.51 | 4.43 | 4.83 | 4.93 | 4.03 |
EV/Sales |
0.48 | 0.49 | 0.71 | 0.55 | 0.64 | 0.84 | 0.74 | 0.69 | 0.76 | 0.56 |
EV/EBITDA |
4.01 | 4.33 | 6.63 | 5.22 | 6.51 | 27.59 | 7.75 | 9.30 | 6.76 | 6.00 |
EV/Operating CF |
7.60 | 8.14 | 8.04 | 5.81 | 6.56 | 103.85 | 9.82 | 11.86 | 9.86 | 9.93 |
EV/FCF |
128.18 | (41.34) | 125.84 | 15.31 | 11.66 | (23.84) | (57.12) | (147.82) | 17.68 | 10.17 |
Quick Ratio |
0.82 | 0.39 | 0.52 | 0.68 | 0.62 | 0.56 | 0.42 | 0.62 | 0.79 | 0.56 |
Current Ratio |
1.03 | 0.61 | 0.72 | 0.90 | 0.87 | 0.83 | 0.68 | 0.94 | 1.08 | 0.81 |
Net Debt/EBITDA |
1.26 | 1.27 | 1.07 | 0.96 | 1.79 | 10.15 | 1.83 | 1.89 | 0.82 | 1.42 |
Debt/Assets |
29.28% | 26.93% | 24.65% | 27.73% | 31.51% | 33.85% | 25.03% | 39.96% | 35.12% | 38.52% |
Debt/Equity |
1.47 | 1.53 | 1.44 | 2.25 | 3.36 | 3.92 | 1.52 | 1.61 | 1.28 | 1.65 |
Asset Turnover |
1.38 | 1.51 | 1.53 | 1.45 | 1.14 | 0.82 | 1.43 | 1.82 | 2.01 | 2.01 |
Operating CF/Net income |
1.40 | 1.79 | 2.11 | 2.46 | 5.67 | (0.11) | 2.80 | 4.88 | 1.98 | 2.08 |
Capex/Depreciation |
(1.41) | (1.80) | (2.40) | (1.79) | (0.94) | (0.67) | (2.13) | (1.84) | (1.13) | (0.04) |
| 33.10% | 28.99% | 43.10% | 51.45% | 21.70% | (48.24%) | 19.62% | 8.29% | 30.47% | 24.69% | |
| 6.26% | 5.03% | 6.41% | 5.62% | 1.95% | (6.16%) | 3.86% | 2.18% | 7.81% | 5.42% | |
ROIC |
15.42% | 17.65% | 19.35% | 23.87% | 12.71% | (5.16%) | 10.64% | 9.34% | 21.28% | 15.16% |
Return on Tangible Assets |
15.93% | 17.93% | 20.52% | 17.97% | 6.83% | (21.09%) | 10.36% | 4.45% | 13.77% | 10.58% |
Average Days of Receivables |
19.42 | 13.22 | 15.73 | 15.24 | 14.30 | 21.11 | 15.79 | 12.99 | 16.23 | 13.97 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
6.69% | 6.26% | 6.58% | 6.61% | 7.93% | 8.64% | 7.18% | 7.44% | 7.37% | 7.55% |
Intangible Assets out of Total Assets |
0.04 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(1.46) | (1.25) | (0.74) | (0.99) | (1.30) | (1.60) | (1.03) | (0.42) | (0.30) | (0.57) |
Graham Number |
9.13 | 6.26 | 6.85 | 4.82 | 2.29 | 0.00 | 4.17 | 2.62 | 5.53 | 3.68 |
Earnings Yield |
13.76% | 9.89% | 6.96% | 8.61% | 3.81% | (14.29%) | 4.69% | 2.12% | 5.82% | 6.43% |
Free Cash Flow Yield |
1.14% | (3.43%) | 0.95% | 8.00% | 11.82% | (6.64%) | (2.29%) | (0.85%) | 6.44% | 12.88% |
Revenue per Share |
22.21 | 21.22 | 20.57 | 17.19 | 12.64 | 9.52 | 14.30 | 14.34 | 15.31 | 13.53 |
Operating CF per Share |
1.41 | 1.27 | 1.81 | 1.64 | 1.23 | 0.08 | 1.08 | 0.84 | 1.18 | 0.76 |
Capex per Share |
(1.32) | (1.52) | (1.70) | (1.02) | (0.54) | (0.41) | (1.27) | (0.90) | (0.52) | (0.02) |
Free Cash Flow per Share |
0.08 | (0.25) | 0.12 | 0.62 | 0.69 | (0.33) | (0.19) | (0.07) | 0.66 | 0.74 |
Cash per Share |
2.05 | 0.66 | 1.17 | 1.73 | 1.33 | 0.80 | 0.59 | 0.92 | 1.51 | 0.90 |
Shareholders Equity per Share |
3.67 | 2.42 | 2.45 | 1.54 | 1.05 | 0.95 | 2.04 | 1.83 | 2.29 | 1.62 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
3.67 | 2.42 | 2.45 | 1.54 | 1.05 | 0.95 | 2.04 | 1.83 | 2.29 | 1.62 |
Free Cash Flow |
17.56 | (52.58) | 24.41 | 131.04 | 145.03 | (69.54) | (38.41) | (14.42) | 142.39 | 160.29 |
Working Capital |
23.22 | (297.52) | (236.39) | (75.05) | (77.75) | (87.94) | (190.08) | (28.75) | 47.45 | (103.12) |
Capital Expenditures |
(278.78) | (319.43) | (357.56) | (214.40) | (113.01) | (85.51) | (261.89) | (194.15) | (112.78) | (3.90) |
Net Current Asset Value |
(2,261.75) | (1,914.82) | (1,897.12) | (1,627.84) | (1,599.98) | (1,680.41) | (1,730.75) | (720.72) | (654.56) | (708.29) |
EV/EBIT |
6.18 | 6.70 | 9.78 | 7.59 | 12.13 | 0.00 | 13.72 | 17.26 | 9.22 | 9.13 |
Capex to Sales |
0.06 | 0.07 | 0.08 | 0.06 | 0.04 | 0.04 | 0.09 | 0.06 | 0.03 | 0.00 |
Price to Operating Income |
4.24 | 4.73 | 8.20 | 6.20 | 8.79 | 0.00 | 10.48 | 13.75 | 8.10 | 6.97 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.15 | 0.16 | 0.13 | 0.14 | 0.16 | 0.16 | 0.13 | 0.12 | 0.11 | 0.11 |
Cash ROIC |
0.75% | (3.68%) | 1.62% | 9.24% | 11.66% | (6.09%) | (3.25%) | (1.18%) | 9.77% | 14.23% |
Accounts Receivable Turnover |
22.77 | 25.65 | 25.65 | 28.35 | 24.29 | 16.34 | 24.90 | 23.96 | 25.57 | 27.75 |
Accounts Payable Turnover |
11.65 | 10.75 | 10.25 | 10.04 | 9.76 | 7.97 | 10.32 | 9.77 | 11.01 | 12.67 |
Inventory Turnover |
69.54 | 74.34 | 72.58 | 71.14 | 65.43 | 52.34 | 61.77 | 41.42 | 43.61 | 54.95 |
Average Days of Payables |
31.71 | 32.70 | 36.65 | 41.27 | 42.07 | 40.93 | 36.56 | 33.17 | 38.59 | 30.94 |
Days of Inventory on Hand |
5.90 | 4.85 | 5.16 | 5.85 | 5.91 | 6.56 | 5.33 | 6.31 | 10.52 | 6.95 |
Average Receivables |
205.43 | 174.30 | 168.88 | 127.64 | 109.49 | 121.40 | 118.84 | 128.62 | 129.85 | 105.53 |
Average Payables |
352.25 | 361.44 | 364.23 | 311.34 | 239.38 | 234.56 | 251.02 | 272.95 | 260.68 | 202.80 |
Average Inventory |
59.02 | 52.24 | 51.46 | 43.94 | 35.70 | 35.71 | 41.95 | 64.41 | 65.83 | 46.78 |
Average Assets |
3,389.25 | 2,955.95 | 2,827.93 | 2,498.94 | 2,327.61 | 2,425.82 | 2,067.86 | 1,690.89 | 1,654.40 | 1,454.13 |
Average Common Equity |
640.78 | 513.13 | 420.63 | 272.79 | 209.59 | 309.79 | 407.16 | 444.45 | 423.86 | 319.23 |
Columns are period end dates