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ARCO Financials Arcos Dorados Holdings Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 18.7% per year over the past 5 years.
  • Operating margin has expanded, at 7.8% in the latest year.

Financial health

  • Total debt ($1.1B) exceeds cash ($373M); net debt is $764M.
  • Total debt has grown slower than revenue (7.9% vs 18.7% per year).
  • Operating income covered interest expense 27× in the latest year, up from -2.0× 5 years ago.
  • Total debt is 2.0× EBITDA.

Shareholder returns

  • Dividends have been paid for 8 consecutive years, consuming 23.8% of earnings and 337.2% of free cash flow.
  • The dividend has grown 37.7% per year over the past 5 years.
Revenue & net income
-$149M $2B $5B $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-8% 45% 98% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$96M $23M $143M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $569M $1B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$380M $808000 $382M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $4.7B $212M 98.1% 7.8% $15M $1.1B $373M
2024 $4.5B $149M 98.1% 7.3% -$61M $779M $135M
2023 $4.3B $181M 98.1% 7.2% $22M $744M $197M
2022 $3.6B $140M 98.1% 7.3% $128M $731M $267M
2021 $2.7B $45M 98.1% 5.2% $143M $744M $279M
2020 $2.0B -$149M 97.8% -3.4% -$70M $777M $166M
2019 $3.0B $80M 97.9% 5.4% -$42M $640M $122M
2018 $3.1B $37M 97.8% 4.0% -$17M $631M $197M
2017 $3.3B $129M 0.0% 8.2% $80M $634M $308M
2016 $2.9B $79M 0.0% 6.1% $72M $580M $195M
2015 -$52M $22M $675M $113M
2014 -$109M $23M $820M $139M
2013 $54M -$96M $783M $176M
2012 $114M -$64M $652M $185M
2011 $116M -$58M $530M $176M

Valuation over time

How the market has priced ARCO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 9.5 19.0 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 0.4 0.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 1.8 3.6 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is ARCO growing its revenue and profit?

Over the past 5 years, Arcos Dorados Holdings Inc.'s revenue has grown 18.7% per year. These are computed facts, not advice.

How much debt does ARCO have?

As of FY2025, Arcos Dorados Holdings Inc. reported $1.1B of total debt against $373M of cash; operating income covered interest expense 27×.

What is ARCO's profit margin?

In FY2025, gross margin was 98.1%, operating margin 7.8%, and net margin 4.5%.

What is ARCO's P/E ratio?

As of Jun '26, Arcos Dorados Holdings Inc. traded at a price-to-earnings ratio of about 8.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.