Arcos Dorados Holdings Inc - Understand $arco stock

$ARCO Market Cap: $1.791 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$4.493B

TTM

Gross Margin

13.38%

TTM

Net Earnings

$170.6M

TTM

Current Assets

$513.1M

Q2 2024

Current Liabilities

$816.6M

Q2 2024

Current Ratio

62.84%

Q2 2024

Total Assets

$2.896B

Q2 2024

Total Liabilities

$2.427B

Q2 2024

Book Value

$469.3M

Q2 2024

Cash

$104.2M

Q2 2024

P/E

10.49

Sep 17, 2024 EST

Free Cash Flow

-$24.58M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$4.332B	$3.619B	$2.660B	$1.984B	$2.959B	$3.082B	$3.320B	$2.929B	$3.053B	$3.651B	$4.033B	$3.797B	$3.658B	$3.018B	$2.666B	$2.607B	$2.066B
YoY Change	19.7%	36.05%	34.06%	-32.95%	-3.98%	-7.17%	13.35%	-4.07%	-16.39%	-9.48%	6.21%	3.82%	21.19%	13.23%	2.25%	26.15%	28.07%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$4.332B	$3.619B	$2.660B	$1.984B	$2.959B	$3.082B	$3.320B	$2.929B	$3.053B	$3.651B	$4.033B	$3.797B	$3.658B	$3.018B	$2.666B	$2.607B	$2.066B
Cost Of Revenue	$3.735B	$3.126B	$2.038B	$1.649B	$2.592B	$2.668B	$2.871B	$2.570B	$2.695B	$3.213B	$3.472B	$3.243B	$3.057B	$2.537B	$2.253B	$2.173B	$1.772B
Gross Profit	$597.1M	$492.6M	$621.9M	$334.8M	$367.5M	$413.9M	$449.0M	$358.3M	$357.5M	$438.4M	$561.3M	$554.5M	$600.3M	$481.2M	$412.9M	$434.4M	$294.7M
Gross Profit Margin	13.78%	13.61%	23.38%	16.87%	12.42%	13.43%	13.53%	12.23%	11.71%	12.01%	13.92%	14.6%	16.41%	15.94%	15.49%	16.66%	14.26%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Selling, General & Admin	$285.0M	$239.3M	$388.3M	$263.9M	$212.5M	$229.3M	$244.7M	$221.1M	$268.9M	$265.2M	$317.1M	$310.5M	$334.9M	$254.2M	$189.5M	$186.1M	$150.0M
YoY Change	19.12%	-38.39%	47.15%	24.19%	-7.33%	-6.29%	10.67%	-17.78%	1.4%	-16.37%	2.13%	-7.29%	31.75%	34.14%	1.83%	24.07%	13.72%
% of Gross Profit	47.73%	48.57%	62.44%	78.82%	57.82%	55.4%	54.5%	61.71%	75.22%	60.49%	56.49%	56.0%	55.79%	52.83%	45.89%	42.84%	50.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$149.3M	$119.8M	$120.4M	$126.9M	$123.2M	$105.8M	$99.40M	$93.00M	$110.7M	$116.8M	$114.9M	$92.30M	$69.00M	$60.60M	$54.20M	$49.50M
YoY Change	24.62%	-0.51%	-5.13%	3.0%	16.45%	6.44%	6.88%	-15.99%	-5.22%	1.65%	24.49%	33.77%	13.86%	11.81%	9.49%
% of Gross Profit	25.0%	24.32%	19.36%	37.9%	33.52%	25.56%	22.14%	25.96%	30.97%	26.64%	20.47%	16.65%	11.49%	12.59%	13.13%	11.4%
Operating Expenses	$283.1M	$228.2M	$490.2M	$391.8M	$207.6M	$290.5M	$176.1M	$179.7M	$262.4M	$360.6M	$332.2M	$313.8M	$349.6M	$276.7M	$206.1M	$212.1M	$172.3M
YoY Change	24.07%	-53.45%	25.1%	88.73%	-28.54%	64.96%	-2.0%	-31.52%	-27.23%	8.55%	5.86%	-10.24%	26.35%	34.26%	-2.83%	23.1%	-15.29%
Operating Profit	$314.0M	$264.4M	$131.7M	-$57.00M	$159.9M	$123.4M	$272.9M	$178.6M	$95.10M	$77.80M	$229.1M	$240.7M	$250.7M	$204.5M	$206.8M	$222.3M	$122.4M
YoY Change	18.76%	100.77%	-331.06%	-135.65%	29.58%	-54.78%	52.8%	87.8%	22.24%	-66.04%	-4.82%	-3.99%	22.59%	-1.11%	-6.97%	81.62%	786.96%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Interest Expense	-$34.68M	-$37.74M	-$54.89M	-$67.40M	-$38.90M	-$38.60M	-$89.70M	-$37.60M	-$123.0M	-$154.5M	-$131.7M	-$77.70M	-$93.90M	-$71.20M	-$106.5M	-$103.8M	-$64.60M
YoY Change	-8.1%	-31.24%	-18.57%	73.26%	0.78%	-56.97%	138.56%	-69.43%	-20.39%	17.31%	69.5%	-17.25%	31.88%	-33.15%	2.6%	60.68%	148.46%
% of Operating Profit	-11.04%	-14.27%	-41.67%		-24.33%	-31.28%	-32.87%	-21.05%	-129.34%	-198.59%	-57.49%	-32.28%	-37.46%	-34.82%	-51.5%	-46.69%	-52.78%
Other Income/Expense, Net	-$1.238M	-$287.0K	$2.185M	$2.300M	-$2.100M	$300.0K	-$400.0K	-$2.400M	-$600.0K	$100.0K	-$800.0K	-$2.100M	$3.600M	-$23.60M	-$1.200M	-$1.900M	-$2.100M
YoY Change	331.36%	-113.14%	-5.0%	-209.52%	-800.0%	-175.0%	-83.33%	300.0%	-700.0%	-112.5%	-61.9%	-158.33%	-115.25%	1866.67%	-36.84%	-9.52%	-75.86%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Pretax Income	$278.1M	$226.4M	$77.79M	-$131.9M	$119.0M	$85.20M	$182.8M	$138.6M	-$28.60M	-$76.50M	$96.60M	$161.0M	$160.4M	$109.7M	$99.10M	$116.5M	$55.70M
YoY Change	22.85%	191.05%	-158.97%	-210.84%	39.67%	-53.39%	31.89%	-584.62%	-62.61%	-179.19%	-40.0%	0.37%	46.22%	10.7%	-14.94%	109.16%	-367.79%
Income Tax	$95.70M	$85.48M	$31.93M	$17.50M	$38.80M	$48.10M	$53.30M	$59.60M	$22.80M	$32.50M	$42.70M	$46.40M	$44.60M	$3.500M	$18.70M	$12.10M	$49.40M
% Of Pretax Income	34.41%	37.76%	41.05%		32.61%	56.46%	29.16%	43.0%			44.2%	28.82%	27.81%	3.19%	18.87%	10.39%	88.69%
Net Earnings	$181.3M	$140.3M	$45.49M	-$149.5M	$79.90M	$36.80M	$129.2M	$78.80M	-$51.60M	-$109.3M	$53.90M	$114.3M	$115.5M	$106.0M	$80.00M	$103.0M	$6.200M
YoY Change	29.16%	208.54%	-130.43%	-287.11%	117.12%	-71.52%	63.96%	-252.71%	-52.79%	-302.78%	-52.84%	-1.04%	8.96%	32.5%	-22.33%	1561.29%	-113.14%
Net Earnings / Revenue	4.18%	3.88%	1.71%	-7.53%	2.7%	1.19%	3.89%	2.69%	-1.69%	-2.99%	1.34%	3.01%	3.16%	3.51%	3.0%	3.95%	0.3%
Basic Earnings Per Share	$0.86	$0.67	$0.22	-$0.72
Diluted Earnings Per Share	$0.86	$0.67	$216.0K	-$727.8K	$385.2K	$172.9K	$601.5K	$368.6K	-$242.0K	-$513.4K	$253.2K	$537.6K	$569.8K	$522.9K	$394.7K	$508.1K	$30.59K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Cash & Short-Term Investments	$246.8M	$304.4M	$278.8M	$166.0M	$121.9M	$197.3M	$328.1M	$194.8M	$112.5M	$143.9M	$175.6M	$184.9M	$176.3M	$208.1M	$168.0M
YoY Change	-18.93%	9.17%	67.97%	36.18%	-38.22%	-39.87%	68.43%	73.16%	-21.82%	-18.05%	-5.03%	4.88%	-15.28%	23.87%
Cash & Equivalents	$196.7M	$266.9M	$278.8M	$166.0M	$121.9M	$197.3M	$308.5M	$194.8M	$112.5M	$139.0M	$175.6M	$184.9M	$176.3M	$208.1M	$168.0M
Short-Term Investments	$50.11M	$37.46M		$0.00	$0.00	$0.00	$19.60M			$4.800M
Other Short-Term Assets	$119.0M	$178.8M	$119.3M	$101.8M	$117.6M	$111.5M	$94.60M	$89.30M	$123.3M	$101.8M	$138.2M	$125.0M	$201.2M	$91.00M	$56.80M
YoY Change	-33.46%	49.92%	17.17%	-13.44%	5.47%	17.86%	5.94%	-27.58%	21.12%	-26.34%	10.56%	-37.87%	121.1%	60.21%
Inventory	$52.83M	$50.09M	$37.80M	$33.60M	$37.80M	$46.10M	$82.70M	$48.90M	$44.60M	$53.40M	$105.4M	$54.80M	$50.70M	$66.40M	$50.50M
Prepaid Expenses
Receivables	$148.0M	$124.3M	$79.59M	$88.10M	$97.90M	$81.70M	$107.6M	$81.00M	$59.50M	$80.70M	$100.9M	$96.10M	$83.50M	$72.70M	$56.90M
Other Receivables	$38.72M	$26.79M	$24.62M	$26.10M	$30.10M	$27.90M	$40.00M	$31.10M	$39.00M	$67.50M	$146.4M	$140.7M	$77.00M	$114.2M	$61.80M
Total Short-Term Assets	$605.3M	$684.4M	$540.1M	$415.5M	$405.4M	$464.6M	$653.0M	$445.2M	$379.0M	$447.2M	$666.5M	$601.5M	$588.6M	$552.4M	$394.0M
YoY Change	-11.56%	26.71%	29.99%	2.49%	-12.74%	-28.85%	46.68%	17.47%	-15.25%	-32.9%	10.81%	2.19%	6.55%	40.2%
Property, Plant & Equipment	$2.074B	$1.677B	$1.507B	$1.588B	$1.883B	$856.2M	$890.7M	$848.0M	$833.4M	$1.116B	$1.244B	$1.176B	$1.023B	$911.7M	$785.9M
YoY Change	23.72%	11.26%	-5.06%	-15.7%	119.95%	-3.87%	5.04%	1.75%	-25.34%	-10.29%	5.77%	14.97%	12.23%	16.01%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$20.61M	$17.21M	$15.61M	$2.500M	$2.500M	$2.500M	$2.500M	$5.300M	$5.300M	$5.300M	$5.300M	$5.300M	$5.300M	$20.30M	$40.00M
YoY Change	19.78%	10.27%	524.2%	0.0%	0.0%	0.0%	-52.83%	0.0%	0.0%	0.0%	0.0%	0.0%	-73.89%	-49.25%
Other Assets	$248.9M	$203.7M	$255.7M	$246.9M	$217.7M	$213.8M	$209.7M	$163.5M	$136.0M	$168.1M	$193.8M	$198.7M	$199.9M	$252.6M	$225.7M
YoY Change	22.16%	-20.32%	3.55%	13.41%	1.82%	1.96%	28.26%	20.22%	-19.1%	-13.26%	-2.47%	-0.6%	-20.86%	11.92%
Total Long-Term Assets	$2.414B	$1.952B	$1.821B	$1.879B	$2.152B	$1.113B	$1.151B	$1.060B	$1.024B	$1.348B	$1.514B	$1.448B	$1.287B	$1.232B	$1.089B
YoY Change	23.65%	7.2%	-3.05%	-12.72%	93.31%	-3.24%	8.57%	3.49%	-24.0%	-10.98%	4.57%	12.5%	4.46%	13.13%
Total Assets	$3.019B	$2.637B	$2.361B	$2.294B	$2.558B	$1.578B	$1.804B	$1.505B	$1.403B	$1.795B	$2.180B	$2.049B	$1.875B	$1.784B	$1.483B
YoY Change
Accounts Payable	$396.3M	$374.7M	$285.1M	$254.3M	$276.7M	$257.0M	$317.2M	$235.5M	$202.5M	$237.3M	$341.7M	$273.6M	$239.9M	$202.9M	$135.5M
YoY Change	5.75%	31.42%	12.13%	-8.1%	7.67%	-18.98%	34.69%	16.3%	-14.66%	-30.55%	24.89%	14.05%	18.24%	49.74%
Accrued Expenses	$243.4M	$206.1M	$173.7M	$143.5M	$163.8M	$97.60M	$121.6M	$112.3M	$102.4M	$124.3M	$149.0M	$150.0M	$136.3M	$190.6M	$133.3M
YoY Change	18.09%	18.66%	21.07%	-12.39%	67.83%	-19.74%	8.28%	9.67%	-17.62%	-16.58%	-0.67%	10.05%	-28.49%	42.99%
Deferred Revenue
YoY Change
Short-Term Debt	$29.53M	$318.0K	$0.00	$0.00	$13.30M	$400.0K	$0.00	$0.00	$2.500M	$32.50M	$7.500M	$600.0K	$800.0K	$11.70M	$6.700M
YoY Change	9187.11%			-100.0%	3225.0%			-100.0%	-92.31%	333.33%	1150.0%	-25.0%	-93.16%	74.63%
Long-Term Debt Due	$1.803M	$19.03M	$4.741M	$3.100M	$3.200M	$3.800M	$4.400M	$28.10M	$161.2M	$6.200M	$4.700M	$1.600M	$3.000M	$6.200M	$4.300M
YoY Change	-90.53%	301.46%	52.94%	-3.13%	-15.79%	-13.64%	-84.34%	-82.57%	2500.0%	31.91%	193.75%	-46.67%	-51.61%	44.19%
Total Short-Term Liabilities	$841.7M	$759.4M	$617.9M	$503.5M	$595.4M	$493.3M	$605.6M	$548.3M	$577.3M	$542.1M	$659.2M	$578.3M	$589.3M	$605.1M	$396.8M
YoY Change	10.83%	22.91%	22.71%	-15.44%	20.7%	-18.54%	10.45%	-5.02%	6.49%	-17.76%	13.99%	-1.87%	-2.61%	52.49%
Long-Term Debt	$713.0M	$711.7M	$739.2M	$773.4M	$623.6M	$626.4M	$629.1M	$551.6M	$491.3M	$761.1M	$771.2M	$650.0M	$526.0M	$451.4M	$454.5M
YoY Change	0.19%	-3.73%	-4.42%	24.02%	-0.45%	-0.43%	14.05%	12.27%	-35.45%	-1.31%	18.65%	23.57%	16.53%	-0.68%
Other Long-Term Liabilities	$946.5M	$837.2M	$775.8M	$814.0M	$912.8M	$64.60M	$62.30M	$51.70M	$39.40M	$29.90M	$48.50M	$65.60M	$75.90M	$172.1M	$176.9M
YoY Change	13.06%	7.91%	-4.69%	-10.82%	1313.0%	3.69%	20.5%	31.22%	31.77%	-38.35%	-26.07%	-13.57%	-55.9%	-2.71%
Total Long-Term Liabilities	$1.660B	$1.549B	$1.515B	$1.587B	$1.536B	$691.0M	$691.4M	$603.3M	$530.7M	$791.0M	$819.7M	$715.6M	$601.9M	$623.5M	$631.4M
YoY Change	7.15%	2.23%	-4.56%	3.32%	122.34%	-0.06%	14.6%	13.68%	-32.91%	-3.5%	14.55%	18.89%	-3.46%	-1.25%
Total Liabilities	$2.504B	$2.313B	$2.141B	$2.096B	$2.137B	$1.186B	$1.308B	$1.154B	$1.117B	$1.338B	$1.486B	$1.304B	$1.197B	$1.237B	$1.030B
YoY Change	8.26%	8.04%	2.12%	-1.88%	80.19%	-9.36%	13.34%	3.33%	-16.52%	-9.95%	13.93%	8.96%	-3.21%	20.01%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	210.6M shares	210.6M shares	210.4M shares	208.4M shares
Diluted Shares Outstanding	210.6M shares	210.6M shares	210.5M shares	208.7M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $1.7906 Billion

About Arcos Dorados Holdings Inc

Arcos Dorados Holdings, Inc. engages in the operation of restaurants. The firm operates or franchises over 2,140 McDonald's-branded restaurants. The company divides its operations into four geographical divisions: Brazil; the Caribbean division, consisting of Aruba, Colombia, Curacao, French Guiana, Guadeloupe, Martinique, Puerto Rico, Trinidad and Tobago, the United States Virgin Islands of Saint Croix and Saint Thomas, and Venezuela; the North Latin America division (NOLAD), consisting of Costa Rica, Mexico and Panama, and the South Latin America division (SLAD), consisting of Argentina, Chile, Ecuador, Peru and Uruguay. Its menus feature over three tiers of products: entry-level options, such as its Big Pleasures, Small Prices offerings and Almuerzos Colombianos (Colombian Lunches) in Colombia; core menu options, such as the Big Mac, Happy Meal and Quarter Pounder, and premium options, such as Big Tasty or Angus premium hamburgers and chicken sandwiches and low-calorie or low-sodium products.

Industry: Retail-Eating Places Peers: