Arcos Dorados Holdings Inc. (ARCO) quarterly balance sheet — complete assets, liabilities & equity history
Arcos Dorados Holdings Inc. (ARCO) balance sheet — 18-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 759.17M | 694.07M | 851.96M | 649.4M | 623.68M | 860.81M | 468.4M | 506.25M | 513.13M | 548.59M | 605.28M | 608.14M | 614.69M | 644.12M | 684.36M | 661.77M | 541.82M | 534.49M | 540.12M | 426.73M |
| Cash & Short-Term Investments | 269.99M | 266.17M | 422.35M | 256.87M | 233.86M | 494.79M | 138.59M | 120.81M | 139.36M | 162.47M | 246.77M | 251.15M | 223.95M | 263.83M | 304.4M | 319.09M | 289.42M | 279.75M | 278.83M | 206.9M |
| Cash Only | 259.99M | 255.63M | 373.44M | 182.8M | 147.05M | 404.61M | 135.06M | 115.91M | 104.22M | 127.5M | 196.66M | 166.31M | 201.49M | 231.4M | 266.94M | 290.18M | 276.08M | 267.33M | 278.83M | 206.9M |
| Short-Term Investments | 10M | 10.54M | 48.91M | 74.08M | 86.81M | 90.19M | 3.53M | 4.9M | 35.14M | 34.98M | 50.11M | 84.84M | 22.46M | 32.43M | 37.46M | 28.91M | 13.34M | 12.42M | 0 | 0 |
| Accounts Receivable | 265.06M | 159.68M | 248.96M | 149.63M | 201.15M | 190.54M | 161.91M | 177.07M | 182.05M | 190.03M | 186.7M | 165.32M | 156.61M | 144.67M | 151.06M | 115.09M | 110.1M | 113.34M | 104.21M | 96.07M |
| Days Sales Outstanding | 14.8 | 15.12 | 14.48 | 13.53 | 15.6 | 14.73 | 13.63 | 14.57 | 15.24 | 15.85 | 13.78 | 13.16 | 13.17 | 13.43 | 12.02 | 11.24 | 11.45 | 12.38 | 11.81 | 12.92 |
| Inventory | 59.96M | 60.1M | 66.39M | 56.89M | 56.66M | 51.87M | 51.65M | 51.92M | 51.07M | 52.53M | 52.83M | 54.3M | 51.46M | 49.34M | 50.09M | 46.32M | 39.98M | 39.49M | 37.8M | 34.83M |
| Days Inventory Outstanding | 4.76 | 5.26 | 5.22 | 4.97 | 4.89 | 4.87 | 4.89 | 4.77 | 4.87 | 5.05 | 4.88 | 5.05 | 5.07 | 5.22 | 5.12 | 5 | 4.66 | 5.04 | 5.13 | 4.86 |
| Other Current Assets | 164.16M | 93.53M | 114.27M | 73.63M | 132.01M | 123.6M | 1.13M | 156.45M | 140.65M | 143.56M | 1.2M | 137.37M | 182.67M | 186.28M | 78.22M | 181.28M | 102.32M | 0 | 12.14M | 88.93M |
| Total Non-Current Assets | 3.13B | 3.12B | 3.03B | 2.92B | 2.75B | 2.61B | 2.42B | 2.45B | 2.38B | 2.42B | 2.41B | 2.24B | 2.19B | 2.06B | 1.95B | 1.79B | 1.86B | 1.95B | 1.82B | 1.82B |
| Property, Plant & Equipment | 2.57B | 2.51B | 2.44B | 2.36B | 2.29B | 2.17B | 2.08B | 2.12B | 2.03B | 2.08B | 2.08B | 1.93B | 1.89B | 1.77B | 1.68B | 1.55B | 1.55B | 1.63B | 1.51B | 1.53B |
| Fixed Asset Turnover | 0.51x | 0.49x | 0.53x | 0.51x | 0.51x | 0.51x | 0.54x | 0.55x | 0.54x | 0.52x | 0.59x | 0.59x | 0.57x | 0.57x | 0.63x | 0.60x | 0.56x | 0.50x | 0.51x | 0.46x |
| Goodwill | 0 | 0 | 16.61M | 0 | 0 | 0 | 13.34M | 0 | 0 | 0 | 11.9M | 0 | 0 | 0 | 7.23M | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 157.31M | 158.65M | 132.34M | 145.82M | 144.14M | 133.82M | 53.3M | 67.94M | 66.93M | 71.07M | 58.13M | 59.11M | 65.71M | 60.98M | 47.34M | 44.69M | 42.94M | 42.09M | 38.81M | 36.46M |
| Long-Term Investments | 31.39M | 74.74M | 84.37M | 79.42M | 82.28M | 14.36M | 14.35M | 16.46M | 81.79M | 68.02M | 18.11M | 67.98M | 40.37M | 49.26M | 14.71M | 45.61M | 113.15M | 13.58M | 137.42M | 117.69M |
| Other Non-Current Assets | 266.76M | 268.92M | 254.03M | 231.45M | 118.82M | 178.09M | 175.44M | 142.14M | 99.46M | 106.49M | 152.2M | 101.14M | 101.35M | 90.14M | 114.05M | 81.13M | 81.33M | 176.22M | 70M | 77.99M |
| Total Assets | 3.89B | 3.82B | 3.89B | 3.57B | 3.37B | 3.47B | 2.89B | 2.96B | 2.9B | 2.97B | 3.02B | 2.85B | 2.8B | 2.7B | 2.64B | 2.45B | 2.4B | 2.48B | 2.36B | 2.25B |
| Asset Turnover | 0.34x | 0.32x | 0.34x | 0.34x | 0.33x | 0.34x | 0.39x | 0.39x | 0.38x | 0.36x | 0.40x | 0.40x | 0.38x | 0.37x | 0.40x | 0.38x | 0.36x | 0.33x | 0.34x | 0.32x |
| Asset Growth % | 15.42% | 10.14% | 34.33% | 20.43% | 16.45% | 16.6% | -4.19% | 4.03% | 3.33% | 10.06% | 14.51% | 16.19% | 16.65% | 8.85% | 11.66% | 8.98% | 5.43% | 14.21% | 2.93% | 4.63% |
| Total Current Liabilities | 859.5M | 864.46M | 828.74M | 732.76M | 778.58M | 1B | 765.92M | 803.47M | 816.62M | 827.05M | 841.67M | 784.8M | 775.77M | 757.77M | 759.41M | 684.14M | 628.11M | 635.71M | 617.86M | 498.4M |
| Accounts Payable | 332.79M | 327.59M | 356.61M | 319.99M | 313.23M | 297.61M | 347.89M | 328.17M | 352.84M | 322.75M | 374.99M | 338.91M | 323.98M | 335.58M | 353.47M | 291.72M | 270.43M | 250.98M | 285.15M | 223.28M |
| Days Payables Outstanding | 26.17 | 28.45 | 28.66 | 27.72 | 27.51 | 30.36 | 31.94 | 31.56 | 31.74 | 33.45 | 32.54 | 31.64 | 33.21 | 36.15 | 34.25 | 32.6 | 30.57 | 34.95 | 35.94 | 31.91 |
| Short-Term Debt | 160.56M | 162.61M | 118.61M | 7.58M | 133.67M | 282.86M | 62.88M | 41.83M | 40.72M | 126.94M | 31.34M | 91.5M | 111.72M | 107.01M | 19.35M | 97.77M | 80.51M | 3.75M | 83.86M | 59.52M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 6.82M | 0 | 0 | 0 | 1.58M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 161.25M | 46.14M | 192.44M | 22.33M | 135.52M | 4.08M | 14.71M | 6.03M | 102.83M | 127.04M | 33.76M | 252.84M | 249.7M | 244.76M | 116.9M | 210.81M | 208.79M | 13.88M | 103.14M | 175.05M |
| Current Ratio | 0.88x | 0.80x | 1.03x | 0.89x | 0.80x | 0.86x | 0.61x | 0.63x | 0.63x | 0.66x | 0.72x | 0.77x | 0.79x | 0.85x | 0.90x | 0.97x | 0.86x | 0.84x | 0.87x | 0.86x |
| Quick Ratio | 0.81x | 0.73x | 0.95x | 0.81x | 0.73x | 0.81x | 0.54x | 0.57x | 0.57x | 0.60x | 0.66x | 0.71x | 0.73x | 0.78x | 0.84x | 0.90x | 0.80x | 0.78x | 0.81x | 0.79x |
| Cash Conversion Cycle | -6.61 | -8.06 | -8.96 | -9.22 | -7.02 | -10.76 | -13.42 | -12.22 | -11.64 | -12.55 | -13.88 | -13.43 | -14.96 | -17.5 | -17.11 | -16.36 | -14.46 | -17.53 | -19 | -14.14 |
| Total Non-Current Liabilities | 2.2B | 2.18B | 2.27B | 2.09B | 2.01B | 1.95B | 1.62B | 1.64B | 1.61B | 1.66B | 1.66B | 1.62B | 1.62B | 1.59B | 1.55B | 1.52B | 1.56B | 1.61B | 1.52B | 1.56B |
| Long-Term Debt | 951.59M | 977.78M | 1.13B | 973.97M | 944.46M | 930.91M | 715.97M | 717.1M | 713.7M | 713.13M | 713.04M | 712.59M | 712.73M | 708.97M | 711.67M | 723.55M | 747.96M | 739.98M | 739.22M | 741.44M |
| Capital Lease Obligations | 1.09B | 1.05B | 1B | 980.02M | 944.11M | 892.26M | 849.16M | 859.71M | 829.85M | 848.78M | 853.11M | 810.97M | 816.16M | 777.12M | 747.67M | 710.3M | 724.47M | 772.65M | 707.12M | 746.56M |
| Deferred Tax Liabilities | 3.01M | 2.89M | 2.76M | 0 | 1.96M | 2.09M | 2.08M | 6.08M | 1.6M | 1.6M | 1.17M | 5.06M | 5.82M | 6.05M | 3.93M | 7.07M | 5.14M | 3.49M | 7.17M | 4.75M |
| Other Non-Current Liabilities | 158.19M | 150.83M | 141.2M | 133.13M | 121.67M | 123.96M | 39.86M | 61.28M | 63.73M | 96.35M | 80.78M | 90.24M | 87.88M | 96.28M | 78.46M | 82.46M | 82.78M | 90.48M | 58.34M | 69.93M |
| Total Liabilities | 3.06B | 3.04B | 3.11B | 2.82B | 2.79B | 2.95B | 2.38B | 2.45B | 2.43B | 2.49B | 2.5B | 2.4B | 2.4B | 2.35B | 2.31B | 2.21B | 2.19B | 2.24B | 2.14B | 2.06B |
| Total Debt | 2.2B | 2.19B | 2.25B | 2.06B | 2.02B | 2.2B | 1.72B | 1.71B | 1.68B | 1.69B | 1.69B | 1.62B | 1.64B | 1.59B | 1.56B | 1.53B | 1.55B | 1.6B | 1.53B | 1.55B |
| Net Debt | 1.94B | 1.93B | 1.87B | 1.88B | 1.88B | 1.8B | 1.59B | 1.6B | 1.57B | 1.56B | 1.49B | 1.45B | 1.44B | 1.36B | 1.29B | 1.24B | 1.28B | 1.33B | 1.25B | 1.34B |
| Debt / Equity | 2.64x | 2.81x | 2.91x | 2.76x | 3.48x | 4.26x | 3.38x | 3.34x | 3.56x | 3.47x | 3.27x | 3.65x | 4.06x | 4.48x | 4.81x | 6.32x | 7.25x | 6.68x | 6.92x | 8.29x |
| Debt / EBITDA | 16.73x | 19.67x | 15.20x | 10.42x | 18.32x | 24.07x | 11.74x | 13.69x | 14.01x | 15.26x | 13.50x | 12.58x | 14.93x | 15.96x | 13.90x | 14.99x | 17.04x | 20.39x | 14.31x | 18.92x |
| Net Debt / EBITDA | 14.75x | 17.37x | 12.67x | 9.50x | 16.99x | 19.65x | 10.82x | 12.77x | 13.14x | 14.11x | 11.93x | 11.29x | 13.10x | 13.64x | 11.52x | 12.15x | 14.01x | 16.98x | 11.70x | 16.39x |
| Interest Coverage | 9.35x | 5.21x | 12.79x | - | 3.23x | 2.60x | 12.71x | 9.83x | 4.18x | 3.91x | 15.60x | 18.73x | 6.55x | 6.95x | 10.41x | 11.06x | 2.25x | 4.92x | 7.17x | 2.67x |
| Total Equity | 832.77M | 777.14M | 772.14M | 746.29M | 581.64M | 516.76M | 509.43M | 513.47M | 470.53M | 486.52M | 516.84M | 442.68M | 404.35M | 355.41M | 324.43M | 242.2M | 214.24M | 239.53M | 221.16M | 186.75M |
| Equity Growth % | 43.18% | 50.39% | 51.57% | 45.34% | 23.61% | 6.22% | -1.43% | 15.99% | 16.37% | 36.89% | 59.31% | 82.77% | 88.74% | 48.38% | 46.69% | 29.69% | 21.74% | 47.49% | 11.69% | 20% |
| Book Value per Share | 3.95 | 3.69 | 3.67 | 3.54 | 2.76 | 2.45 | 2.42 | 2.44 | 2.23 | 2.31 | 2.45 | 2.10 | 1.92 | 1.69 | 1.54 | 1.15 | 1.02 | 1.14 | 1.05 | 0.89 |
| Total Shareholders' Equity | 831.08M | 775.43M | 770.49M | 744.8M | 580.24M | 515.25M | 508.08M | 512.2M | 469.35M | 484.76M | 515.28M | 441.76M | 403.63M | 354.38M | 323.62M | 241.58M | 213.74M | 238.78M | 220.43M | 186.07M |
| Common Stock | 522.88M | 522.88M | 522.88M | 522.88M | 522.88M | 522.88M | 522.88M | 522.88M | 522.88M | 522.84M | 522.82M | 522.82M | 522.82M | 522.31M | 522.31M | 522.31M | 522.31M | 521.28M | 521.28M | 521.28M |
| Retained Earnings | 848.11M | 803.1M | 825.95M | 800.78M | 650.35M | 627.76M | 664.39M | 605.99M | 570.77M | 544.14M | 566.19M | 510.41M | 450.69M | 422.32M | 424.94M | 370.44M | 323.58M | 309.1M | 316.18M | 270.62M |
| Treasury Stock | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M | -19.37M |
| Accumulated OCI | -529.2M | -539.85M | -567.63M | -568.15M | -582.28M | -624.69M | -668.48M | -605.96M | -613.6M | -571.55M | -563.08M | -580.82M | -559.23M | -580.11M | -613.46M | -640.98M | -621.96M | -582.38M | -607.77M | -596.49M |
| Minority Interest | 1.7M | 1.71M | 1.65M | 1.5M | 1.4M | 1.52M | 1.35M | 1.27M | 1.18M | 1.76M | 1.56M | 918K | 715K | 1.02M | 804K | 621K | 503K | 742K | 732K | 680K |