Saturday 17 October 2026
Export CCU’s income statement to Excel — free account
Compania Cervecerias Unidas, S.A.
CCU Consumer Defensive Beverages Brewers
Compania Cervecerias Unidas, S.A.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 4.81%, EPS fell 100.0%, free cash flow grew 19.7% and total debt was flat, each against the same quarter a year earlier. Revenue growth for three consecutive years.
10.89
0.19
+1.78%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
23.78 | 27.82 | 9.45 | 21.47 | 21.62 | 11.32 | 17.47 | 19.55 | 12.32 | 19.04 |
Piotroski F-Score |
6 | 8 | 5 | 5 | 6 | 7 | 4 | 7 | 5 | 6 |
P/S ratio |
1.88 | 2.18 | 1.63 | 1.37 | 1.12 | 0.94 | 0.79 | 0.77 | 0.66 | 0.74 |
Altman Z-Score |
4.48 | 4.82 | 3.75 | 3.44 | 2.81 | 2.78 | 2.18 | 2.22 | 2.05 | 2.23 |
Altman Z″-Score (non-manufacturers) |
4.55 | 4.54 | 4.74 | 4.43 | 4.12 | 3.50 | 3.45 | 3.75 | 3.49 | 3.39 |
P/FCF ratio |
13.62 | 16.17 | 5.05 | 3.81 | 2.61 | 5.89 | 0.00 | 11.97 | 10.58 | 25.19 |
Beneish M-Score |
(2.57) | (2.56) | (2.56) | (2.75) | (2.99) | (2.33) | (2.42) | (2.49) | (3.04) | (2.62) |
P/Operating CF |
15.44 | 14.12 | 6.76 | 10.33 | 7.44 | 25.64 | 31.58 | 22.46 | 12.34 | 15.75 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 22 |
P/B ratio |
2.44 | 3.02 | 2.09 | 1.73 | 1.48 | 1.64 | 1.49 | 1.49 | 1.14 | 1.33 |
Price to Tangible BV |
2.86 | 3.51 | 2.53 | 2.10 | 1.80 | 2.04 | 1.90 | 1.88 | 1.50 | 1.74 |
EV/Sales |
1.87 | 2.17 | 1.56 | 1.40 | 1.14 | 1.02 | 1.00 | 0.55 | 0.85 | 0.93 |
EV/EBITDA |
15.13 | 16.21 | 5.90 | 10.94 | 12.11 | 7.66 | 12.37 | 5.83 | 9.36 | 13.96 |
EV/Operating CF |
2.96 | 4.31 | 2.69 | 2.15 | 1.55 | 3.03 | 58.90 | 4.76 | 8.55 | 11.28 |
EV/FCF |
13.50 | 16.08 | 4.85 | 3.90 | 2.65 | 6.39 | (17.56) | 8.43 | 13.67 | 31.70 |
Quick Ratio |
1.03 | 1.07 | 1.06 | 1.09 | 1.34 | 0.89 | 1.43 | 1.61 | 1.47 | 1.30 |
Current Ratio |
1.54 | 1.56 | 1.46 | 1.63 | 1.84 | 1.40 | 2.08 | 2.33 | 2.06 | 1.90 |
Net Debt/EBITDA |
(0.13) | (0.09) | (0.24) | 0.24 | 0.18 | 0.60 | 2.58 | (2.45) | 2.11 | 2.87 |
Debt/Assets |
6.30% | 8.15% | 9.48% | 11.12% | 17.43% | 17.12% | 33.57% | 1.11% | 31.93% | 29.71% |
Debt/Equity |
0.10 | 0.13 | 0.16 | 0.18 | 0.31 | 0.34 | 0.84 | 0.03 | 0.76 | 0.67 |
Asset Turnover |
0.78 | 0.94 | 0.84 | 0.71 | 0.73 | 0.93 | 0.78 | 0.76 | 0.75 | 0.76 |
Operating CF/Net income |
1.60 | 2.02 | 1.40 | 1.86 | 2.92 | 1.47 | 0.39 | 2.78 | 1.79 | 2.04 |
Capex/Depreciation |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Coverage |
9.47 | 9.40 | 20.07 | 8.44 | 6.10 | 9.27 | 2.88 | 3.12 | 2.70 | 2.42 |
| 9.22% | 11.43% | 24.17% | 8.59% | 6.49% | 14.05% | 7.57% | 7.96% | 10.28% | 7.12% | |
| 5.96% | 7.20% | 14.41% | 5.10% | 3.80% | 7.41% | 3.40% | 3.14% | 4.17% | 3.07% | |
ROIC |
10.22% | 11.76% | 23.16% | 9.76% | 7.60% | 12.72% | 6.84% | 20.00% | 7.37% | 5.56% |
Return on Tangible Assets |
10.36% | 10.99% | 23.31% | 9.27% | 6.32% | 13.00% | 5.32% | 4.83% | 6.61% | 5.38% |
Average Days of Receivables |
73.45 | 69.04 | 69.81 | 63.77 | 57.29 | 59.40 | 67.06 | 68.90 | 68.10 | 63.67 |
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 |
27.34% | 25.48% | 26.17% | 25.49% | 25.62% | 24.15% | 25.51% | 26.01% | 25.87% | 25.89% |
Intangible Assets out of Total Assets |
0.09 | 0.09 | 0.10 | 0.11 | 0.10 | 0.10 | 0.09 | 0.08 | 0.10 | 0.11 |
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 |
0.00 | (0.01) | (0.03) | (0.05) | (0.07) | (0.14) | (0.23) | (0.24) | (0.29) | (0.24) |
Graham Number |
12.84 | 15.56 | 26.83 | 14.74 | 12.32 | 18.09 | 11.85 | 11.36 | 14.36 | 12.05 |
Earnings Yield |
4.20% | 3.59% | 10.58% | 4.66% | 4.63% | 8.84% | 5.73% | 5.12% | 8.12% | 5.25% |
Free Cash Flow Yield |
7.34% | 6.19% | 19.81% | 26.23% | 38.37% | 16.98% | (7.20%) | 8.35% | 9.45% | 3.97% |
Revenue per Share |
10.97 | 13.79 | 15.44 | 13.81 | 13.07 | 17.48 | 16.14 | 16.66 | 17.29 | 17.32 |
Operating CF per Share |
1.34 | 2.13 | 3.72 | 1.84 | 1.97 | 2.06 | 0.27 | 1.91 | 1.71 | 1.42 |
Capex per Share |
(0.89) | (1.01) | (1.13) | (1.02) | (0.86) | (1.21) | (1.19) | (0.83) | (0.64) | (0.92) |
Free Cash Flow per Share |
0.45 | 1.12 | 2.59 | 0.82 | 1.11 | 0.86 | (0.92) | 1.08 | 1.07 | 0.51 |
Cash per Share |
1.00 | 1.47 | 2.96 | 1.56 | 2.88 | 2.04 | 3.83 | 4.06 | 4.28 | 3.15 |
Shareholders Equity per Share |
8.45 | 9.96 | 12.03 | 10.93 | 9.91 | 10.03 | 8.55 | 8.69 | 9.96 | 9.62 |
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 |
8.45 | 9.96 | 12.03 | 10.93 | 9.91 | 10.03 | 8.55 | 8.69 | 9.96 | 9.62 |
Free Cash Flow |
83.05 | 206.93 | 478.30 | 151.03 | 205.76 | 158.14 | (169.49) | 199.06 | 197.85 | 93.59 |
Working Capital |
310.80 | 392.30 | 472.45 | 428.40 | 570.03 | 403.33 | 951.28 | 1,097.04 | 1,002.39 | 786.99 |
Capital Expenditures |
(163.97) | (186.32) | (208.60) | (188.21) | (159.11) | (223.22) | (220.02) | (153.86) | (118.42) | (169.36) |
Net Current Asset Value |
13.13 | (28.68) | (121.19) | (170.07) | (203.46) | (428.82) | (546.88) | (581.86) | (600.53) | (569.61) |
EV/EBIT |
15.13 | 16.21 | 5.90 | 10.94 | 12.11 | 7.66 | 12.37 | 5.83 | 9.36 | 13.96 |
Capex to Sales |
0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.05 | 0.04 | 0.05 |
Price to Operating Income |
15.25 | 16.29 | 6.14 | 10.70 | 11.93 | 7.06 | 9.79 | 8.28 | 7.25 | 11.09 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cash ROIC |
4.37% | 8.79% | 15.26% | 5.65% | 7.01% | 5.52% | (4.69%) | 8.29% | 4.91% | 2.64% |
Accounts Receivable Turnover |
4.97 | 5.73 | 5.55 | 5.15 | 5.86 | 7.14 | 5.56 | 5.45 | 5.43 | 5.55 |
Accounts Payable Turnover |
2.72 | 3.04 | 2.95 | 2.71 | 2.88 | 2.92 | 2.60 | 2.84 | 2.93 | 3.12 |
Inventory Turnover |
3.56 | 4.10 | 3.97 | 3.55 | 3.91 | 4.25 | 3.26 | 3.08 | 3.33 | 3.53 |
Average Days of Payables |
132.46 | 133.32 | 131.70 | 126.84 | 127.21 | 153.10 | 126.64 | 129.76 | 126.48 | 109.43 |
Days of Inventory on Hand |
101.97 | 96.03 | 100.40 | 97.20 | 89.93 | 103.43 | 119.74 | 116.62 | 109.27 | 99.48 |
Average Receivables |
408.12 | 444.83 | 513.76 | 495.74 | 412.42 | 452.36 | 536.83 | 564.58 | 588.62 | 577.17 |
Average Payables |
354.51 | 393.80 | 467.07 | 469.20 | 443.86 | 575.04 | 641.20 | 583.15 | 597.29 | 570.02 |
Average Inventory |
271.10 | 292.31 | 346.85 | 358.57 | 326.91 | 395.47 | 511.22 | 537.63 | 526.24 | 504.50 |
Average Assets |
2,584.04 | 2,698.70 | 3,406.86 | 3,572.28 | 3,289.05 | 3,491.86 | 3,827.68 | 4,031.66 | 4,248.71 | 4,199.31 |
Average Common Equity |
1,670.83 | 1,700.31 | 2,031.41 | 2,121.34 | 1,925.78 | 1,842.32 | 1,716.37 | 1,592.21 | 1,722.31 | 1,808.94 |
Columns are period end dates