Arcos Dorados Holdings Inc.【ARCO】

Market cap

P/E ratio

	Dec 31, 2011	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	176	176	139	113	195	308	197	122	166	279	267	197	135
Short-term investments	-	-	-	-	-	20	-	0	-	-	37	50	4
Accounts and notes receivable, net	94	111	83	63	83	111	84	100	94	82	124	148	119
Other receivables	67	137	65	36	29	36	25	28	20	22	27	39	42
Inventories	51	105	53	45	49	83	46	38	34	38	50	53	52
Prepaid expenses and other current assets	141	109	85	111	88	94	109	118	100	119	120	119	116
Derivative instruments	-	-	-	-	-	-	-	-	1	-	59	-	0
Total current assets	589	666	447	379	445	653	465	405	416	540	684	605	468
Miscellaneous	45	92	79	66	90	98	99	96	73	71	82	104	94
Collateral deposits	5	5	5	5	5	3	3	3	3	3	3	3	3
Property and equipment, net	1,023	1,244	1,116	833	848	891	856	961	797	744	856	1,120	1,127
Net intangible assets and goodwill	-	70	58	49	43	48	41	43	37	39	55	70	67
Deferred income taxes	-	-	-	-	-	74	58	68	56	68	88	98	90
Derivative instruments	-	0	10	7	-	35	55	58	122	120	34	46	80
Equity method investments	-	-	-	-	-	-	-	-	-	13	15	18	14
Lease right of use asset	-	-	-	-	-	-	-	922	791	764	821	955	950
Total non-current assets	1,287	1,514	1,348	1,028	1,060	1,151	1,113	2,152	1,878	1,821	1,952	2,414	2,424
Total assets	1,875	2,180	1,795	1,407	1,505	1,804	1,578	2,558	2,294	2,361	2,637	3,019	2,893
Accounts payable	184	311	220	188	218	303	242	260	210	269	353	375	348
Accrued Royalties, Current	19	31	17	15	18	14	15	17	45	16	21	21	21
Income taxes payable	50	30	29	29	39	55	54	62	34	70	65	78	39
Other taxes payable	-	108	91	69	74	82	61	62	57	67	81	85	79
Accrued payroll and other liabilities	184	142	112	93	144	119	94	86	79	90	115	142	113
Provision for contingencies	42	2	1	1	1	3	2	2	2	2	2	1	1
Interest payable	16	22	21	16	7	10	10	10	12	11	8	7	8
Short-Term Debt	1	8	33	3	-	-	0	13	-	-	0	30	60
Current portion of long-term debt	3	5	6	162	28	4	4	3	3	5	19	2	3
Derivative instruments	2	2	11	2	20	16	11	10	5	8	10	6	1
Operating lease liabilities	-	-	-	-	-	-	-	70	57	79	83	94	92
Total current liabilities	589	659	542	578	548	606	493	595	503	618	759	842	766
Accrued payroll and other liabilities	-	35	18	19	24	29	35	23	22	22	29	28	21
Provision for contingencies	23	13	11	20	17	25	26	24	25	32	43	49	29
Long-term debt, excluding current portion	526	771	761	495	552	629	626	624	773	739	712	713	716
Derivative instruments	1	-	-	-	11	8	3	4	15	15	18	17	-
Deferred income taxes	-	-	-	-	-	11	1	4	5	7	4	1	2
Operating lease liabilities	-	-	-	-	-	-	-	862	753	707	748	853	849
Total non-current liabilities	606	826	795	542	605	702	692	1,541	1,592	1,522	1,553	1,661	1,617
Total liabilities	1,196	1,485	1,337	1,120	1,153	1,308	1,185	2,136	2,096	2,140	2,312	2,502	2,383
Class A	352	359	366	372	374	377	380	383	387	388	389	390	390
Class B	133	133	133	133	133	133	133	133	133	133	133	133	133
Additional Paid in Capital	6	17	16	13	14	14	15	13	12	10	9	9	9
Retained earnings	337	404	245	193	272	401	413	471	291	316	425	566	664
Accumulated other comprehensive loss	-148	-219	-302	-424	-442	-429	-502	-520	-585	-608	-613	-563	-668
Common stock in treasury	-	-	-	-	-	-	46	60	40	19	19	19	19
Total Arcos Dorados Holdings Inc. shareholders’ equity	680	695	458	287	352	496	393	422	198	221	324	517	509
Non-controlling interests in subsidiaries	1	1	1	1	1	0	0	0	0	1	1	2	1
Class A	-	-	366	372	374	377	380	383	387	388	389	390	390
Class B	-	-	133	133	133	133	133	133	133	133	133	133	133
Total equity	679	695	458	287	352	496	393	422	198	221	324	517	509
Total liabilities and equity	1,875	2,180	1,795	1,407	1,505	1,804	1,578	2,558	2,294	2,361	2,637	3,019	2,893