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MARKETS / NYSE / YPF
NYSE · PETROLEUM REFINING · LARGE CAP

YPF Sociedad Anonima YPF

11 fiscal years on record · ARS · FY2025 reported · SEC filings only
$18.4B
▼ 4.4% YoY
$-826.0M
▼ 135.2% YoY
In brief

What this company does

YPF Sociedad Anonima is involved in the entire oil and gas value chain, including the production, refining, commercialization, and distribution of hydrocarbons. As of December 31, 2025, it held interests in 78 oil and gas fields in Argentina. It holds more than 50% of the country's total refining capacity through its 3 wholly-owned refineries, located at La Plata, Lujan de Cuyo and Plaza Huincul, which have an aggregate refining capacity of 123.4 Mbbl (338.0 kbbl/d). As of December 31, 2025, it conducted its business through four segments: Upstream, Midstream and Downstream, LNG and Integrated Gas, and New Energies. Its Upstream business segment performs all activities related to the exploration and exploitation of hydrocarbon fields and the production of crude oil and natural gas. Its Midstream and Downstream business segment performs activities related to the refining, transportation and commercialization of refined products, the production, transportation and commercialization of petrochemical products, the transportation and commercialization of crude oil, and the commercialization of specialties for the agribusiness industry and of grains and their by-products. Its LNG and Integrated Gas business segment performs activities related to natural gas transportation and commercialization, the separation, fractionation, storage and transportation of NGLs through its joint venture Compania Mega S.A., and the development of LNG liquefaction capacity. Its New Energies business segment performs activities related to the definition and development of the new energy portfolio, the development of sustainability and energy transition programs, the distribution of natural gas through its subsidiary Metrogas, and research and development services of technology applied to the hydrocarbon industry through its subsidiary Y-TEC.

Written from the business description in YPF Sociedad Anonima's annual report to the U.S. Securities and Exchange Commission, filed 26 March 2026. Every sentence was checked against that document before publication.

Growth
USD 18.4B
Revenue, FY2025 · full 11-year series below
Revenue $B Net income $B
FY2025 · Revenue 18.4 · Net income -0.8
8B16B201520172019202120232025
Compound annual growth
−0.6%
+13.7%
−29.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +13.7% a year over five years.

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
−4 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 9.4% · Net -4.3%
5%10%-5%-10%201520172019202120232025
ROE
FY2025 · ROE -7.4%
10%20%-10%-20%201520172019202120232025

Each ARS of equity lost 7 cents this year.

Cash & shareholders
ARS 10.0M
returned in FY2025 · dividends + net buybacks
Free cash flow ARS B
FY2018 · FCF 113.5
40B80B201520172019202120232025
Net buybacks ARS B Dividends ARS B
FY2025 · Dividends — · Net buybacks 0.0
1B2BDividendsNet buybacks201520172019202120232025

ARS 10.0M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 29.4B
EquityUSD 10.8B
CashUSD 933.0M
Gross debtUSD 10.6B
Net debtUSD 9.6B
Current ratio0.87×

Net debt stands at 89% of equity.

The 11-year record
11 fiscal years
Every figure from documents filed with the SEC · ARS
row low → row highnegative
Metric 20252024202320222021202020192018201720162015
Revenue $B18.419.317.318.813.79.7·····
Operating income $B1.71.5−1.22.50.7−0.8·····
EBITDA ARS B···········
Income tax $B1.7−1.4−0.40.80.70.2·····
Net income $B−0.82.3−1.32.20.0−1.0·····
Free cash flow ARS B·······113.566.042.634.6
EPS, diluted $−2.115.99−3.355.670.07······
Dividend / sh ARS ···········
Payout %······−736−311
ROE %−7.422.8−13.523.90.3·−7.615.19.1−23.63.8

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

Provenance
Company facts, as filed
How we verify · 7 failures in 49 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 46 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente7 failures
ActivityPetroleum Refining
Listed onNYSE
Incorporated inoutside the United States — SEC code C1
Fiscal year endsDecember 31
Data on record since2015

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