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
Product	-	-	-	-	-	-	2,933	2,812	1,895	2,544	3,457	4,138	4,267
Franchise	-	-	-	-	-	-	150	147	90	116	161	194	203
Revenues:	-	-	-	-	-	-	3,082	2,959	1,984	2,660	3,619	4,332	4,470
Food and paper	1,216	1,351	1,244	1,037	1,013	1,110	1,030	1,008	677	899	1,227	1,458	1,499
Payroll and employee benefits	-	814	734	616	607	684	608	568	413	483	669	790	798
Occupancy and other operating expenses	918	1,055	997	838	752	843	804	800	624	772	968	1,154	1,238
Royalty fees	170	189	174	149	143	164	158	155	111	131	195	249	265
Franchised restaurants – occupancy expenses	-	-	-	-	-	-	68	61	-	-	-	-	-
General and administrative expenses	335	318	272	271	221	245	229	213	171	211	239	285	280
Other operating income, net	-15	-	-	-	41	69	-61	5	-11	26	11	2	18
Total operating costs and expenses	3,407	3,805	3,580	2,959	2,750	3,047	2,958	2,799	2,051	2,520	3,354	4,018	4,146
Operating income	251	229	71	93	179	273	123	160	-67	140	264	314	325
Net interest expense and other financing results	-	-	-	-	-	-	-	-	-	-	-	-	47
Gain (loss) from derivative instruments	-	-	-	-	-	-	-	0	-2	-5	-10	-13	1
Foreign currency exchange results	-24	-39	-74	-54	32	-14	15	13	-32	-9	17	11	-15
Other non-operating expenses, net	-	-1	0	-1	-2	-0	0	-2	2	2	-0	-1	-4
Income before income taxes	160	97	-77	-29	139	183	85	119	-132	78	226	278	259
Income tax expense, net	45	43	32	23	60	53	48	39	18	32	85	96	110
Net income	116	54	-109	-51	79	129	37	80	-149	46	141	182	149
Less: Net income attributable to non-controlling interests	0	0	0	0	0	0	0	0	0	0	1	1	1
Net income attributable to Arcos Dorados Holdings Inc.	116	54	-109	-51	79	129	37	80	-149	46	141	182	149
Earnings Per Share, Basic	0.54	0.26	-0.52	-0.25	0.37	0.61	0.18	0.39	-0.73	0.22	0.67	0.86	0.71
Earnings Per Share, Diluted	0.54	0.26	-0.52	-0.25	0.37	0.61	0.18	0.39	-0.73	0.22	0.67	0.86	0.71