Arcos Dorados Holdings Inc. (ARCO) Financial Statements — Income, Balance Sheet, Cash Flow

Overview Financials Chart Business Summary Filings Ownership Valuation

Financial Statements — ARCO

Balance Sheet

(in billions USD)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Cash & Equivalents	0.37	0.14	0.20	0.27	0.28	0.17	0.12
Short-term Investments	0.05	0.00	0.05	0.04	--	0.00	0.00
Inventory	0.07	0.05	0.05	0.05	0.04	0.03	0.04
Total Current Assets	0.85	0.47	0.61	0.68	0.54	0.42	0.41
Property, Plant & Equipment	1.31	1.13	1.12	0.86	0.74	0.80	0.96
Goodwill	0.02	0.01	0.01	0.01	0.01	0.01	0.01
Intangible Assets	0.13	0.05	0.06	0.05	0.03	0.03	0.04
Total Non-current Assets	3.03	2.42	2.41	1.95	1.82	1.88	2.15
Total Assets	3.89	2.89	3.02	2.64	2.36	2.29	2.56
Accounts Payable	0.15	0.11	0.14	0.12	0.09	0.08	0.09
Short-term Debt	0.00	0.06	0.03	0.00	--	0.00	0.01
Total Current Liabilities	0.83	0.77	0.84	0.76	0.62	0.50	0.60
Long-term Debt	1.13	0.72	0.71	0.71	0.74	0.77	0.62
Total Non-current Liabilities	2.28	1.62	1.66	1.55	1.52	1.59	1.54
Total Liabilities	3.11	2.38	2.50	2.31	2.14	2.10	2.14
Retained Earnings	0.83	0.66	0.57	0.42	0.32	0.29	0.47
Total Stockholder Equity	0.77	0.51	0.52	0.32	0.22	0.20	0.42

Income Statement

(in billions USD) (except per-share rows)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Total Revenue	4.68	4.47	4.33	3.62	2.66	1.98	2.96
Cost of Revenue*	0.09	0.08	0.08	0.07	0.05	0.04	0.06
Gross Profit*	4.59	4.39	2.61	3.55	2.61	1.94	2.90
Selling, General & Admin	0.31	0.28	0.28	0.24	0.21	0.17	0.21
Total Operating Expenses*	4.22	4.06	2.47	3.29	2.47	2.01	2.74
Operating Income	0.36	0.32	0.31	0.26	0.14	(0.07)	0.16
Interest Expense	0.01	0.05	0.03	0.04	0.05	0.06	0.05
Pretax Income	0.34	0.26	0.28	0.23	0.08	(0.13)	0.12
Tax Provision	0.13	0.11	0.10	0.09	0.03	0.02	0.04
Net Income	0.21	0.15	0.18	0.14	0.05	(0.15)	0.08
Basic EPS	1.01	0.71	0.86	0.67	0.22	(0.73)	0.39
Diluted EPS	1.01	0.71	0.86	0.67	0.22	(0.73)	0.39

* Derived from reported values

Cash Flow Statement

(in millions USD)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Operating Cash Flow	296.34	266.85	381.97	345.44	258.04	15.97	223.48
Capital Expenditures	281.35	327.64	360.10	217.12	115.00	86.31	265.24
Free Cash Flow*	14.99	(60.79)	21.87	128.32	143.04	(70.34)	(41.75)
Investing Cash Flow	(335.03)	(280.33)	(380.35)	(259.65)	(108.28)	(88.71)	(260.99)
Financing Cash Flow	288.75	(37.16)	(11.82)	(59.98)	(17.93)	126.01	(29.63)

* Derived from reported values

Dividends Per Share

(USD)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020	FY 2019
Dividends Per Share	0.06	0.06	0.19	0.15	0.05	0.11