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YPF Sociedad Anónima (YPF) 10-Year Financial Performance & Capital Metrics

YPF • • Industrial / General
EnergyIntegrated Oil & GasRegional Integrated PlayersAmericas Regional Leaders
AboutYPF Sociedad Anónima, an energy company, engages in the oil and gas upstream and downstream activities in Argentina. The company's upstream operations include the exploration, development, and production of crude oil, natural gas, and NGLs. Its downstream operations include the refining, marketing, transportation, and distribution of oil, petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels, as well as in gas separation, natural gas distribution operations, and power generation. As of December 31, 2021, it had interests in 119 oil and gas fields; approximately 643 million barrels (mmbbl) of oil; and approximately 2,447 billion cubic feet (bcf) of gas. It also had a retail distribution network of 1,654 YPF-branded service stations; and 18 exploration permits. In addition, the company owns and operates three refineries with combined annual refining capacity of approximately 120 mmbbl; approximately 2,800 kilometers of crude oil pipelines with approximately 640,000 barrels of aggregate daily transportation capacity of refined products; and crude oil tankage of approximately 7 mmbbl, as well as maintains terminal facilities at five Argentine ports. Further, it participates in 21 power generation plants with an aggregate installed capacity of 3,091 megawatts; offers diesel, fertilizers, lubricants, phytosanitary products, and ensiling bags; and supplies diesel, gasoline, fuel oil, coal, asphalts, paraffin, and sulfur, CO2, decanted oil, and aromatic extract. The company was founded in 1977 and is headquartered in Buenos Aires, Argentina.Show more
  • Revenue $19697.72B +265.7%
  • EBITDA $4366.17B +311.8%
  • Net Income $2418.44B +254.9%
  • EPS (Diluted) 6241.80 +256.6%
  • Gross Margin 27.26% -22.0%
  • EBITDA Margin 22.17% +12.6%
  • Operating Margin 7.74% -60.6%
  • Net Margin 12.28% +142.4%
  • ROE 24.87% +172.4%
  • ROIC 8.09% -47.4%
  • Debt/Equity 0.82 +66465.3%
  • Interest Coverage 2.12 -99.8%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 96.9%
  • ✓Trading at only 0.0x book value

✗Weaknesses

  • ✗Weak 3Y average ROE of 3.9%
  • ✗Low quality earnings: Net income not backed by cash flow

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y63.77%
5Y96.91%
3Y151.17%
TTM9.34%

Profit (Net Income) CAGR

10Y74.95%
5Y-
3Y-
TTM-179.48%

EPS CAGR

10Y75.17%
5Y-
3Y-
TTM-179.47%

ROCE

10Y Avg5.37%
5Y Avg7.65%
3Y Avg10.87%
Latest8.12%

Peer Comparison

Americas Regional Leaders
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
PBR-APetróleo Brasileiro S.A. - Petrobras30.75B11.2910.75-13.38%16.15%17.47%75.91%1.02
IMOImperial Oil Limited45.96B92.5010.261.01%8.65%23.51%8.95%0.18
CVECenovus Energy Inc.31.39B16.649.964.06%5.66%11.07%13.44%0.36
SUSuncor Energy Inc.56.02B46.639.883.25%10.49%11.65%16.92%0.33
PBRPetróleo Brasileiro S.A. - Petrobras44.17B11.875.07-13.38%16.15%17.47%52.84%1.02
YPFYPF Sociedad Anónima13.27B33.820.01265.66%-3.65%-3.63%3.59%0.82
ECEcopetrol S.A.22.94B11.160.00-6.89%8.2%9.63%100%1.09

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+156.14B210.1B252.81B421.35B665.33B659.6B1.24T2.48T5.39T19.7T
Revenue Growth %0.1%0.35%0.2%0.67%0.58%-0.01%0.88%1%1.17%2.66%
Cost of Goods Sold+119.54B177.3B211.81B359.57B575.61B626.21B1.03T1.88T3.5T14.33T
COGS % of Revenue0.77%0.84%0.84%0.85%0.87%0.95%0.83%0.76%0.65%0.73%
Gross Profit+36.6B32.8B41B61.78B89.72B33.39B214.89B602.5B1.88T5.37T
Gross Margin %0.23%0.16%0.16%0.15%0.13%0.05%0.17%0.24%0.35%0.27%
Gross Profit Growth %-0.02%-0.1%0.25%0.51%0.45%-0.63%5.44%1.8%2.12%1.85%
Operating Expenses+20.01B24.54B28.93B33.26B67.85B101.21B119.96B315.16B4.39B3.73B
OpEx % of Revenue0.13%0.12%0.11%0.08%0.1%0.15%0.1%0.13%0%0%
Selling, General & Admin16.68B20.71B25.16B38.97B70.1B99.78B138.34B182.9B1.48B1.6B
SG&A % of Revenue0.11%0.1%0.1%0.09%0.11%0.15%0.11%0.07%0%0%
Research & Development774M901M663M1.55B1.26B1.6B1.94B4.79B18.4B40.88B
R&D % of Revenue0%0%0%0%0%0%0%0%0%0%
Other Operating Expenses1.69B3.83B3.77B-5.72B-2.26B0-18.39B132.26B2.91B-38.74B
Operating Income+16.59B-24.25B16.07B43.78B42.76B-38.31B148.95B399.2B1.06T1.52T
Operating Margin %0.11%-0.12%0.06%0.1%0.06%-0.06%0.12%0.16%0.2%0.08%
Operating Income Growth %-0.16%-2.46%1.66%1.72%-0.02%-1.9%4.89%1.68%1.65%0.44%
EBITDA+43.6B25.24B74.85B139.9B201.53B154.44B440.67B771.78B1.06T4.37T
EBITDA Margin %0.28%0.12%0.3%0.33%0.3%0.23%0.35%0.31%0.2%0.22%
EBITDA Growth %0.09%-0.42%1.97%0.87%0.44%-0.23%1.85%0.75%0.37%3.12%
D&A (Non-Cash Add-back)27.01B49.49B58.78B96.12B158.78B192.75B291.72B372.57B3.27B2.84T
EBIT3.06B-9.12B25.66B3.35B33.16B325M132.28B478.16B688M2.26T
Net Interest Income+-692.34M-1.23B-1.04B-436.7M-670.49M-949M-635M-522M-778M-678.03B
Interest Income1.64B1.47B1.6B18.21B12.91B14.91B27.04B53.78B136.37B40.17B
Interest Expense10.61B21.27B21.55B36.27B58.98B82.16B95.66B137.06B945M718.2B
Other Income/Expense12.16B-5.56B-8.8B41.52B-49.77B-18.12B35.92B338.61B-1.91T-307.97B
Pretax Income+29.06B-29.8B8.7B90.14B-7.01B-56.43B63.6B399.18B-848.39B1.22T
Pretax Margin %0.19%-0.14%0.03%0.21%-0.01%-0.09%0.05%0.16%-0.16%0.06%
Income Tax+24.64B-1.43B-3.97B51.54B26.37B14.59B64.41B108.91B653.45B-1.25T
Effective Tax Rate %0.16%0.95%1.42%0.43%4.76%1.26%-0.01%0.72%1.84%1.99%
Net Income+4.58B-28.24B12.34B38.61B-33.38B-71.02B-808M289.06B-1.56T2.42T
Net Margin %0.03%-0.13%0.05%0.09%-0.05%-0.11%-0%0.12%-0.29%0.12%
Net Income Growth %-0.49%-7.17%1.44%2.13%-1.86%-1.13%0.99%358.74%-6.4%2.55%
Net Income (Continuing)4.11B-28.97B11.24B33.77B-41.35B-84.29B-27.79B232.18B-1.5T2.46T
Discontinued Operations-4.23B0-11.7B-37.59B11.55M68.64B0-288.03B00
Minority Interest48M-94M238M3.16B5.55B6.17B8.23B17.27B102M224.54B
EPS (Diluted)+11.68-72.1331.4398.43-85.59-182.34-2.07746.58-3985.516241.80
EPS Growth %-0.49%-7.18%1.44%2.13%-1.87%-1.13%0.99%361.67%-6.34%2.57%
EPS (Basic)11.68-72.1331.4398.43-85.59-182.34-2.07746.58-3985.516241.80
Diluted Shares Outstanding392.04M391.5M392.63M392.3M389.97M389.48M389.48M387.18M391.72M392.09M
Basic Shares Outstanding392.04M391.5M392.63M392.3M389.97M389.48M389.48M387.18M391.72M392.09M
Dividend Payout Ratio0.01%-0%0%------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+76.97B87.23B122.3B208.41B309.42B327.57B466.24B910.71B3.58T7T
Cash & Short-Term Investments15.39B18.3B41.67B56.97B74.47B83.55B113.69B193.36B1.12T1.55T
Cash Only15.39B10.76B28.74B46.03B66.1B54.62B62.68B136.87B1.12B1.15T
Short-Term Investments804M7.55B12.94B10.94B8.37B28.93B51.01B56.49B212.67B401.7B
Accounts Receivable36.8B44.16B50.38B87.94B141.21B131.36B174.15B373.12B1.01T2.15T
Days Sales Outstanding86.0376.7272.7476.1877.4772.6951.1354.8268.1839.84
Inventory19.26B21.82B27.29B53.32B80.48B100.14B153.93B307.77B1.43T1.59T
Days Inventory Outstanding58.844.9247.0354.1351.0358.3754.6459.7148.5240.57
Other Current Assets0549M315M3.76B0494M103M013M1.58T
Total Non-Current Assets+286.48B333.91B383.42B785.6B1.26T1.6T1.92T3.68T16.62T23.28T
Property, Plant & Equipment270.9B308.01B354.44B699.09B1.13T1.42T1.7T3.2T14.8T20.18T
Fixed Asset Turnover0.58x0.68x0.71x0.60x0.59x0.46x0.73x0.78x0.36x0.98x
Goodwill0006.91B0000296.26B0
Intangible Assets7.28B8.11B9.98B20.4B37.18B39.12B43.01B68.05B257M392.43B
Long-Term Investments4.37B13.22B6.04B32.69B67.59B107.11B159.46B372.84B1.43T2.02T
Other Non-Current Assets2.97B4B12.37B33.13B27.11B23.19B23.91B37.49B94.71B348.14B
Total Assets+363.45B421.14B505.72B994.02B1.57T1.92T2.39T4.59T20.2T30.27T
Asset Turnover0.43x0.50x0.50x0.42x0.42x0.34x0.52x0.54x0.27x0.65x
Asset Growth %0.74%0.16%0.2%0.97%0.58%0.22%0.24%0.92%3.4%0.5%
Total Current Liabilities+79.79B82.47B102.73B178.97B314.87B370.67B391.08B846.9B3.97T8.94T
Accounts Payable38.78B2.53B44.66B81.45B2.44B1.63B1.88B2.5B2.29B2.9T
Days Payables Outstanding118.425.2176.9582.681.550.950.670.480.2474
Short-Term Debt2.15B1.67B2.05B1.72B1.79B1.79B845M1.14B1.51B1.93T
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities-38.71B77.73B43.7B84.29B309.73B366.44B387.67B842.56B3.97T3.1T
Current Ratio0.96x1.06x1.19x1.16x0.98x0.88x1.19x1.08x0.90x0.78x
Quick Ratio0.72x0.79x0.92x0.87x0.73x0.61x0.80x0.71x0.54x0.60x
Cash Conversion Cycle26.41116.4242.8247.63126.95130.11105.11114.03216.466.41
Total Non-Current Liabilities+163.2B220.01B250.45B452.69B710.32B869.16B1.15T1.87T8.93T9.11T
Long-Term Debt77.93B127.57B151.73B270.25B419.65B527.58B670.53B1.05T6.68B7.25T
Capital Lease Obligations-190.22B0-237.43B263.08B40.39B24.17B28.34B48.22B325M418.18B
Deferred Tax Liabilities44.81B42.47B37.65B91.13B97.23B119.61B185.18B306.71B1T92.7B
Other Non-Current Liabilities-149.77B49.98B-177.82B-173.6B152.75B2.96B968M464.68B7.92T1.24T
Total Liabilities242.99B302.48B353.19B631.66B1.03T1.24T1.54T2.72T12.9T18.05T
Total Debt+105.75B154.34B191.06B335.08B588.54B724.58B812.84B1.36T8.86B9.98T
Net Debt90.36B143.59B162.32B289.05B522.44B669.96B750.16B1.22T7.73B8.83T
Debt / Equity0.88x1.30x1.25x0.92x1.07x1.06x0.96x0.73x0.00x0.82x
Debt / EBITDA2.43x6.12x2.55x2.40x2.92x4.69x1.84x1.76x0.01x2.29x
Net Debt / EBITDA2.07x5.69x2.17x2.07x2.59x4.34x1.70x1.58x0.01x2.02x
Interest Coverage1.56x-1.14x0.75x1.21x0.72x-0.47x1.56x2.91x1118.52x2.12x
Total Equity+120.46B118.66B152.53B362.36B548.1B683.39B848.12B1.87T7.22T12.23T
Equity Growth %0.66%-0.01%0.29%1.38%0.51%0.25%0.24%1.2%2.87%0.69%
Book Value per Share307.27303.10388.50923.671405.501754.642177.574825.4518435.4831182.03
Total Shareholders' Equity120.41B118.75B152.29B359.2B542.55B677.23B839.89B1.85T7.22T12T
Common Stock10.35B10.4B10.4B10.52B10.57B10.38B10.5B6.31B3.92B4.04T
Retained Earnings4.59B-28.23B12.34B38.31B-31.57B-65.95B-56.21B1.05T-1T7.36T
Treasury Stock-392M-332M-308M0-371M-627M-41M-111M-350M-28.84B
Accumulated OCI110.06B108.35B141.89B348.68B531.98B666.85B829.39B1.84T7.26T11.33B
Minority Interest48M-94M238M3.16B5.55B6.17B8.23B17.27B102M224.54B

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+41.4B49.18B71.97B125.06B217.14B209.22B400.01B736.66B1.58T5.87B
Operating CF Margin %0.27%0.23%0.28%0.3%0.33%0.32%0.32%0.3%0.29%0%
Operating CF Growth %-0.1%0.19%0.46%0.74%0.74%-0.04%0.91%0.84%1.15%-1%
Net Income4.43B-28.38B12.67B38.61B-33.38B-71.02B-808M290.26B-1.28B2.39B
Depreciation & Amortization27.01B45.47B54.35B89.32B158.78B192.75B291.72B372.57B3.27B2.76B
Stock-Based Compensation124M153M162M308M493M7M6M8M3M7M
Deferred Taxes24.64B-1.43B-3.97B51.54B26.37B14.59B64.41B108.91B1.02B-1.21B
Other Non-Cash Items-10.26B46.26B9.71B-41.24B53.07B24.07B95.37B-36.38B1.58T1.91B
Working Capital Changes-4.53B-12.89B-946M-13.47B11.8B48.28B-51.02B246M317M14M
Change in Receivables-8.03B-16.08B-8.07B-25.91B-11.83B35.07B10.15B-52.35B-178.15B-1.37B
Change in Inventory101M1.47B-1.69B951M6.73B13.33B-27.56B-20.01B38.58B127M
Change in Payables6.21B-1.13B6.41B18.77B29.43B-21.04B148M85.5B317.49B702M
Cash from Investing+-64.05B-66.17B-55.24B-82.25B-163.88B-109.16B-243.99B-523.02B-1.55T-5.51B
Capital Expenditures-63.77B-64.16B-59.62B-88.29B-161.46B-114.62B-234.8B-532.13B-5.67B-5.14T
CapEx % of Revenue0.41%0.31%0.24%0.21%0.24%0.17%0.19%0.21%0%0.26%
Acquisitions----------
Investments----------
Other Investing212M838M980M750M382M13.87B4.5B12.14B-1.58T5.22T
Cash from Financing+23.66B10.82B-355M-43.66B-56.08B-121.11B-150.66B-157.1B249.65B-293M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-503M-889M-716M-1.2B-2.3B00000
Share Repurchases----------
Other Financing-6.78B10.01B-589.38M-15.75B-15.48B34.2B-28.53B-33.27B-73.8B-710M
Net Change in Cash----------
Free Cash Flow+-22.37B-14.98B12.36B36.77B55.68B94.6B165.21B204.53B-7.57B477M
FCF Margin %-0.14%-0.07%0.05%0.09%0.08%0.14%0.13%0.08%-0%0%
FCF Growth %-4.51%0.33%1.82%1.98%0.51%0.7%0.75%0.24%-1.04%1.06%
FCF per Share-57.06-38.2631.4793.72142.79242.89424.19528.26-19.331.22
FCF Conversion (FCF/Net Income)9.04x-1.74x5.83x3.24x-6.51x-2.95x-495.07x2.55x-1.01x0.00x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)4.74%-23.62%9.1%15%-7.33%-11.53%-0.11%21.28%-34.35%24.87%
Return on Invested Capital (ROIC)7.7%-7.69%4.18%6.8%3.72%-2.37%7.57%12.78%15.37%8.09%
Gross Margin23.44%15.61%16.22%14.66%13.49%5.06%17.29%24.25%34.95%27.26%
Net Margin2.93%-13.44%4.88%9.16%-5.02%-10.77%-0.07%11.64%-28.98%12.28%
Debt / Equity0.88x1.30x1.25x0.92x1.07x1.06x0.96x0.73x0.00x0.82x
Interest Coverage1.56x-1.14x0.75x1.21x0.72x-0.47x1.56x2.91x1118.52x2.12x
FCF Conversion9.04x-1.74x5.83x3.24x-6.51x-2.95x-495.07x2.55x-1.01x0.00x
Revenue Growth10%34.56%20.33%66.67%57.9%-0.86%88.46%99.84%116.84%265.66%

Revenue by Segment

20172018201920202021202220232024
Diesel--222.47B237.73B430.18B6.84B6.62B6.59B
Diesel Growth---6.86%80.95%-98.41%-3.17%-0.48%
Crude Oil--14.7B14.52B6.05B76M427M1.02B
Crude Oil Growth----1.22%-58.31%-98.74%461.84%139.58%
Fertilizers and Crop Protection Products---23.04B49.58B835M594M389M
Fertilizers and Crop Protection Products Growth----115.18%-98.32%-28.86%-34.51%
Liquefied Natural Gas Regasification---5.03B4.08B43M50M51M
Liquefied Natural Gas Regasification Growth-----18.83%-98.95%16.28%2.00%
Gas oil-132.07B------
Gas oil Growth--------
Gasolines-97.09B------
Gasolines Growth--------
Natural Gas-80.43B------
Natural Gas Growth--------
Jet Fuel-26B------
Jet Fuel Growth--------
Petrochemicals-16.24B------
Petrochemicals Growth--------
Other goods and services-15.37B------
Other goods and services Growth--------
Liquefied Petroleum Gas-12.54B------
Liquefied Petroleum Gas Growth--------
Lubricants and by-products-8.93B------
Lubricants and by-products Growth--------
Flours, oils and grains-7.92B------
Flours, oils and grains Growth--------
Petroleum coke-6.14B------
Petroleum coke Growth--------
Income from construction contracts-5.55B------
Income from construction contracts Growth--------
Fertilizers-4.23B------
Fertilizers Growth--------
Asphalts-4.13B------
Asphalts Growth--------
Virgin naphtha-4B------
Virgin naphtha Growth--------
Crude oil-3.48B------
Crude oil Growth--------
Goods for resale at gas stations-3.38B------
Goods for resale at gas stations Growth--------
LNG Regasification-3.36B------
LNG Regasification Growth--------
Fuel oil-3.35B------
Fuel oil Growth--------
Income from services-1.34B------
Income from services Growth--------

Revenue by Geography

20172018201920202021202220232024
ARGENTINA----549.06B-15.4B16.37B
ARGENTINA Growth-------6.31%
Europe-9.16B16.95B33.08B24.25B414M171M276M
Europe Growth--85.05%95.14%-26.70%-98.29%-58.70%61.40%
Worldwide116.48B-------
Worldwide Growth--------

Frequently Asked Questions

Valuation & Price

YPF Sociedad Anónima (YPF) has a price-to-earnings (P/E) ratio of 0.0x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

YPF Sociedad Anónima (YPF) reported $16.54T in revenue for fiscal year 2024. This represents a 29075% increase from $56.70B in 2011.

YPF Sociedad Anónima (YPF) grew revenue by 265.7% over the past year. This is strong growth.

YPF Sociedad Anónima (YPF) reported a net loss of $604.06B for fiscal year 2024.

Dividend & Returns

YPF Sociedad Anónima (YPF) has a return on equity (ROE) of 24.9%. This is excellent, indicating efficient use of shareholder capital.

YPF Sociedad Anónima (YPF) had negative free cash flow of $259.10B in fiscal year 2024, likely due to heavy capital investments.

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