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NYSE · RETAIL-EATING PLACES · LARGE CAP

Arcos Dorados Holdings Inc. ARCO

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$4.7B
▲ 4.7% YoY
$212.1M
▲ 42.6% YoY
$15.0M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Arcos Dorados Holdings Inc. has the exclusive right to own, operate, and grant franchises of McDonald's restaurants in 21 countries and territories in Latin America and the Caribbean, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curaçao, Ecuador, French Guiana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, St. Martin, Trinidad and Tobago, Uruguay, the U.S. Virgin Islands of St. Croix and St. Thomas, and Venezuela. As of December 31, 2025, it operated or franchised 2,520 McDonald's-branded restaurants, representing 5.8% of McDonald's total franchised restaurants worldwide. The company is managed across three geographic divisions: Brazil, NOLAD, and SLAD. Of its restaurants in the Territories, 1,800 (71.4%) were Company-operated and 720 (28.6%) were franchised, as of December 31, 2025. Total revenues for 2025 were $4,678,259 thousand, of which $1,770,301 thousand came from Brazil, $1,266,129 thousand from NOLAD, and $1,641,829 thousand from SLAD. It commenced operations on August 3, 2007, as a result of the Acquisition.

Written from the business description in Arcos Dorados Holdings Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 30 April 2026. Every sentence was checked against that document before publication.

Growth

USD 4.7B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 4.7 · Net income 0.2
2B4B
2009201220152018202120242025
Compound annual growth
+8.9%
+18.7%
+4.4%
+3.0%
+14.8%
+4.7%
+14.7%
+5.7%
+17.0%
+17.0%
+37.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +18.7% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

5 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 7.8% · Net 4.5%
5%-2%-4%-6%
200920172025
ROE
FY2025 · ROE 33.2%
20%40%-20%-40%
200920172025
Three returns, three denominators.

Each USD of equity produced 33 cents of profit this year.

Cash & shareholders

USD 50.6M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 15.0
100M200M-40M-80M
200920172025
Net buybacks $M Dividends $M
FY2025 · Dividends 50.6 · Net buybacks ·
25.0M50.0MDividendsNet buybacks
201020122014201620182020202220242025

USD 50.6M in dividends — 24% of the year's profit went back to shareholders.

Total assetsUSD 3.9B
EquityUSD 770.5M
CashUSD 373.4M
Gross debtUSD 1.1B
Net debtUSD 764.2M
Current ratio1.03×

Net debt stands at 99% of equity.

The 17-year record

17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
ARCO, 17-year financial record
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B4.74.54.33.62.72.03.03.13.32.93.13.74.03.83.73.02.7
Operating income $B0.40.30.30.30.1−0.10.20.10.30.20.10.10.20.20.30.20.2
EBITDA $B0.50.50.40.40.20.00.30.20.40.30.20.20.30.30.30.3◌
Income tax $B0.10.10.10.10.00.00.00.00.10.10.00.00.00.00.00.00.0
Net income $B0.20.10.20.10.0−0.10.10.00.10.1−0.1−0.10.10.10.10.10.1
Free cash flow $B0.0−0.10.00.10.1−0.1−0.0−0.00.10.10.00.0−0.1−0.1−0.10.10.1
EPS, diluted $1.010.710.860.670.22−0.720.380.180.610.37−0.25−0.520.260.550.540.440.33
Dividend / sh $0.240.240.190.15◌0.050.110.100.000.000.240.240.240.240.240.17◌
Payout %243422230−7285700−24−4670444932—
ROE %33.229.143.251.621.8−48.319.68.330.524.7−13.9−19.07.516.018.821.117.6
Shares out B0.210.210.21◌0.210.210.200.210.210.210.210.210.210.210.21◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 65 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. 11 checks were skipped: cost of revenue is not tagged before 2018. Six checks were skipped: the balance sheet is not tagged before 2010. Three checks were skipped: the share count is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityRetail-Eating Places
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2009

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