Arcos Dorados Holdings Inc. (ARCO) Key Metrics
ARCO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.67B
- Enterprise value
- $3.56B
- P/E (TTM)
- 6.5 10-yr median 14.9
- Forward P/E
- 14.5
- PEG ratio
- 0.54
- Price / sales
- 0.3 10-yr median 0.5
- Price / book
- 1.9 10-yr median 4.4
- EV / EBITDA
- 5.9 10-yr median 8.3
- Dividend yield
- 2.18% $0.28 a year
- Beta
- 0.49
ARCO key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsARCO valuation Price multiples at each fiscal year-end price.
ARCO returns How much profit the business earns on the capital it uses.
ARCO per-share figures Results divided by the shares outstanding at year-end.
ARCO financial health Debt, liquidity and how easily interest is covered.
ARCO efficiency & capital use Working capital cycle and where the cash goes.
ARCO valuation history
ARCO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ARCO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ARCO cash returned to shareholders
ARCO price vs earnings per share
ARCO key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.55B | $1.53B | $2.67B | $1.76B | $1.23B | $1.05B | $1.70B | $1.71B | $2.26B | $1.17B |
| Enterprise value | $3.37B | $3.12B | $4.12B | $3.02B | $2.48B | $2.49B | $3.15B | $2.14B | $2.56B | $1.56B |
| P/E ratio | 7.3 | 10.3 | 14.7 | 12.5 | 27.0 | — | 21.3 | 46.3 | 17.5 | 14.9 |
| Price / sales | 0.3 | 0.3 | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.7 | 0.4 |
| Price / book | 2.0 | 3.0 | 5.2 | 5.4 | 5.6 | 5.3 | 4.0 | 4.3 | 4.5 | 3.3 |
| Price / free cash flow | 103.1 | — | 122.2 | 13.7 | 8.6 | — | — | — | 28.0 | 16.3 |
| Price / operating cash flow | 5.2 | 5.7 | 7.0 | 5.1 | 4.8 | 65.6 | 7.6 | 9.5 | 8.8 | 7.1 |
| EV / sales | 0.7 | 0.7 | 1.0 | 0.8 | 0.9 | 1.3 | 1.1 | 0.7 | 0.8 | 0.5 |
| EV / EBITDA | 5.9 | 6.2 | 8.9 | 7.9 | 10.0 | 87.6 | 10.7 | 8.8 | 7.3 | 5.2 |
| EV / free cash flow | 224.7 | — | 188.3 | 23.5 | 17.3 | — | — | — | 31.8 | 21.6 |
| Earnings yield | 13.7% | 9.7% | 6.8% | 8.0% | 3.7% | −14.3% | 4.7% | 2.2% | 5.7% | 6.7% |
| Free cash flow yield | 1.0% | −4.0% | 0.8% | 7.3% | 11.7% | −6.7% | −2.5% | −1.0% | 3.6% | 6.1% |
| Dividend yield | 3.3% | 3.3% | 1.5% | 1.8% | 0.0% | 1.0% | 1.3% | 1.2% | 0.9% | 0.0% |
| Shareholder yield (dividends + buybacks) | 3.3% | 3.3% | 1.6% | 2.5% | 0.0% | 1.0% | 2.1% | 3.9% | 0.9% | 0.0% |
| Share price at fiscal year-end | $7.34 | $7.28 | $12.69 | $8.36 | $5.83 | $5.03 | $8.10 | $7.90 | $10.35 | $5.40 |
| Per share | ||||||||||
| Revenue per share | $22.21 | $21.22 | $20.57 | $17.18 | $12.63 | $9.52 | $14.07 | $14.27 | $15.23 | $13.50 |
| Earnings per share | $1.01 | $0.71 | $0.86 | $0.67 | $0.22 | −$0.72 | $0.38 | $0.17 | $0.59 | $0.36 |
| Operating cash flow per share | $1.41 | $1.27 | $1.81 | $1.64 | $1.23 | $0.08 | $1.06 | $0.83 | $1.17 | $0.76 |
| Free cash flow per share | $0.07 | −$0.29 | $0.10 | $0.61 | $0.68 | −$0.34 | −$0.20 | −$0.08 | $0.37 | $0.33 |
| Cash per share | $2.01 | $0.66 | $1.17 | $1.45 | $1.32 | $0.80 | $0.58 | $0.91 | $1.51 | $0.90 |
| Book value per share | $3.66 | $2.41 | $2.45 | $1.54 | $1.05 | $0.95 | $2.00 | $1.82 | $2.27 | $1.62 |
| Tangible book value per share | $2.95 | $2.10 | $2.11 | $1.28 | $0.86 | $0.77 | $1.80 | $1.63 | $2.06 | $1.42 |
| Dividends per share | $0.24 | $0.24 | $0.19 | $0.15 | $0.00 | $0.05 | $0.11 | $0.10 | $0.10 | $0.00 |
| Capex per share | $1.34 | $1.56 | $1.71 | $1.03 | $0.55 | $0.41 | $1.26 | $0.91 | $0.80 | $0.43 |
| Debt per share | $10.66 | $8.17 | $8.03 | $7.41 | $7.27 | $7.70 | $7.47 | $2.92 | $2.91 | $2.67 |
| Shares outstanding | 210.6M | 210.7M | 210.6M | 210.6M | 210.5M | 208.4M | 210.4M | 216.0M | 217.9M | 216.9M |
| Change in shares outstanding | −0.0% | +0.0% | +0.0% | +0.0% | +1.1% | −1.0% | −2.6% | −0.9% | +0.5% | +0.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 33.2% | 29.1% | 43.2% | 51.6% | 21.8% | −48.3% | 19.6% | 8.3% | 30.5% | 24.7% |
| Return on invested capital (ROIC) | 9.3% | 9.2% | 11.6% | 10.8% | 5.3% | −3.0% | 8.0% | 7.6% | 25.2% | 13.0% |
| Return on assets (ROA) | 6.3% | 5.0% | 6.4% | 5.6% | 2.0% | −6.2% | 3.9% | 2.2% | 7.8% | 5.4% |
| Return on tangible assets | 5.7% | 5.3% | 6.1% | 5.4% | 2.0% | −6.6% | 3.2% | 2.4% | 7.4% | 5.4% |
| Free cash flow margin | 0.3% | −1.4% | 0.5% | 3.5% | 5.4% | −3.5% | −1.4% | −0.6% | 2.4% | 2.5% |
| Income quality (OCF / net income) | 1.40 | 1.79 | 2.11 | 2.46 | 5.67 | — | 2.80 | 4.88 | 1.98 | 2.08 |
| Financial health | ||||||||||
| Total debt | $2.25B | $1.72B | $1.69B | $1.56B | $1.53B | $1.61B | $1.57B | $630.6M | $633.5M | $579.7M |
| Cash & short-term investments | $422.3M | $138.6M | $246.8M | $304.4M | $278.8M | $166.0M | $121.9M | $197.3M | $328.1M | $194.8M |
| Net debt | $1.82B | $1.58B | $1.44B | $1.26B | $1.25B | $1.44B | $1.45B | $433.3M | $305.4M | $384.9M |
| Debt / equity | 2.91 | 3.39 | 3.28 | 4.83 | 6.94 | 8.13 | 3.73 | 1.61 | 1.28 | 1.65 |
| Debt / assets | 0.58 | 0.59 | 0.56 | 0.59 | 0.65 | 0.70 | 0.61 | 0.40 | 0.35 | 0.39 |
| Net debt / EBITDA | 3.19 | 3.15 | 3.11 | 3.27 | 5.05 | 50.70 | 4.93 | 1.78 | 0.87 | 1.29 |
| Current ratio | 1.03 | 0.61 | 0.72 | 0.90 | 0.87 | 0.83 | 0.68 | 0.94 | 1.08 | 0.81 |
| Quick ratio | 0.95 | 0.54 | 0.66 | 0.84 | 0.81 | 0.76 | 0.62 | 0.85 | 0.94 | 0.72 |
| Interest coverage | 8.1 | 6.9 | 9.7 | 6.0 | 2.8 | -2.0 | 3.1 | 2.3 | 4.0 | 2.7 |
| Working capital | $23.2M | −$297.5M | −$236.4M | −$75.0M | −$77.7M | −$87.9M | −$190.1M | −$28.8M | $47.5M | −$103.1M |
| Invested capital | $2.59B | $2.09B | $1.96B | $1.58B | $1.47B | $1.64B | $1.87B | $825.7M | $801.1M | $735.9M |
| Tangible asset value | $623.2M | $442.8M | $446.8M | $269.9M | $182.4M | $161.0M | $378.5M | $351.7M | $448.4M | $308.5M |
| Net current asset value | −$2.26B | −$1.91B | −$1.90B | −$1.63B | −$1.60B | −$1.68B | −$1.73B | −$720.7M | −$654.6M | −$708.3M |
| Graham number | $9.10 | $6.19 | $6.88 | $4.80 | $2.26 | — | $4.14 | $2.64 | $5.51 | $3.64 |
| Graham net-net per share | −$11.73 | −$9.96 | −$9.92 | −$8.88 | −$8.38 | −$8.77 | −$9.03 | −$4.09 | −$3.80 | −$3.92 |
| Capital allocation | ||||||||||
| Dividends paid | $50.6M | $50.6M | $40.0M | $31.6M | $21,000 | $10.2M | $22.4M | $20.9M | $20.9M | $0 |
| Share buybacks (net) | — | — | $2.8M | $12.0M | $0 | $0 | $14.0M | $46.0M | — | — |
| Dividend payout ratio | 23.8% | 34.0% | 22.1% | 22.5% | 0.0% | — | 28.1% | 56.8% | 16.2% | 0.0% |
| Dividends + buybacks / free cash flow | 337.2% | — | 195.9% | 34.0% | 0.0% | — | — | — | 26.0% | 0.0% |
| Capex / revenue | 6.0% | 7.3% | 8.3% | 6.0% | 4.3% | 4.3% | 9.0% | 6.4% | 5.3% | 3.2% |
| Capex / operating cash flow | 94.9% | 122.8% | 94.3% | 62.9% | 44.6% | 540.6% | 118.7% | 109.6% | 68.5% | 56.2% |
| Capex / depreciation | 1.43 | 1.85 | 2.41 | 1.81 | 0.96 | 0.68 | 2.15 | 1.86 | 1.76 | 0.99 |
| Stock-based compensation / revenue | 0.1% | 0.0% | 0.3% | 0.2% | 0.0% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| SG&A / revenue | 6.7% | 6.3% | 6.6% | 6.4% | 7.9% | 8.6% | 7.2% | 7.4% | 7.4% | 7.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 16.0 | 14.2 | 14.2 | 12.9 | 15.0 | 22.3 | 14.7 | 15.2 | 14.3 | 13.2 |
| Days of inventory on hand | 5.2 | 4.9 | 5.0 | 5.1 | 5.6 | 7.0 | 5.9 | 8.8 | 8.4 | 6.6 |
| Days payables outstanding | 31.3 | 34.0 | 35.6 | 36.3 | 37.4 | 45.8 | 35.4 | 37.3 | 33.1 | 28.8 |
| Cash conversion cycle (days) | -10.1 | -14.8 | -16.3 | -18.3 | -16.8 | -16.6 | -14.8 | -13.3 | -10.5 | -9.0 |
| Receivables turnover | 22.77 | 25.65 | 25.65 | 28.35 | 24.36 | 16.38 | 24.90 | 23.96 | 25.57 | 27.75 |
| Payables turnover | 11.65 | 10.75 | 10.25 | 10.04 | 9.76 | 7.97 | 10.32 | 9.77 | 11.01 | 12.67 |
| Inventory turnover | 69.54 | 74.34 | 72.58 | 71.14 | 65.43 | 52.34 | 61.77 | 41.42 | 43.61 | 54.95 |
| Asset turnover | 1.38 | 1.51 | 1.53 | 1.45 | 1.14 | 0.82 | 1.43 | 1.82 | 2.01 | 2.01 |
| Average receivables | $205.4M | $174.3M | $168.9M | $127.6M | $109.2M | $121.1M | $118.8M | $128.6M | $129.8M | $105.5M |
| Average payables | $352.3M | $361.4M | $364.2M | $311.3M | $239.4M | $234.6M | $251.0M | $273.0M | $260.7M | $202.8M |
| Average inventory | $59.0M | $52.2M | $51.5M | $43.9M | $35.7M | $35.7M | $42.0M | $64.4M | $65.8M | $46.8M |
| Intangibles / total assets | 3.8% | 2.3% | 2.3% | 2.1% | 1.6% | 1.6% | 1.7% | 2.6% | 2.6% | 2.9% |
Computed from ARCO's annual financial statements (latest annual report filed April 30, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ARCO valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Arcos Dorados traded at 7.3 times earnings, against a 10-year median of 14.9. Based on the latest twelve months, the trailing P/E is 6.5 and the forward P/E is 14.5. Arcos Dorados earned a return on equity of 33.2% and a return on invested capital of 9.3% in fiscal 2025. It ended the year with $2.2 billion of debt and $422.3 million in cash and short-term investments, net debt of $1.8 billion. It returned $50.6 million to shareholders: $50.6 million in dividends and $0 in share buybacks, 337% of free cash flow.
See the ARCO income statement, the ARCO chart for price history, or the ARCO stock overview for the latest quote and news.
ARCO key metrics FAQ
What is Arcos Dorados's P/E ratio?
Arcos Dorados's trailing P/E ratio is 6.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 14.5. At the end of fiscal 2025 it was 7.3, compared with a 10-year median of 14.9.
What is Arcos Dorados's EV/EBITDA?
Arcos Dorados's enterprise value was 5.9 times EBITDA at the end of fiscal 2025 (enterprise value $3.4 billion, EBITDA $571.8 million); the current EV/EBITDA is 5.9.
What is Arcos Dorados's return on equity?
Arcos Dorados's return on equity (ROE) was 33.2% in fiscal 2025: net income of $212.1 million on average shareholders' equity of $639.3 million.
What is Arcos Dorados's ROIC?
Arcos Dorados's return on invested capital was 9.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Arcos Dorados have?
Arcos Dorados had total debt of $2.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 2.91 and $1.8 billion of net debt (3.19 times EBITDA).
What is Arcos Dorados's dividend yield?
Arcos Dorados's forward dividend yield is 2.18%. Arcos Dorados paid $50.6 million in dividends in fiscal 2025 ($0.24 per share), a payout ratio of 23.8%.
What is Arcos Dorados's free cash flow yield?
Arcos Dorados generated $15.0 million of free cash flow in fiscal 2025, a free cash flow yield of 1.0% on its market value at year-end ($1.5 billion).
What is Arcos Dorados's current ratio?
Arcos Dorados's current ratio was 1.03 at the end of fiscal 2025: current assets were 1.03 times current liabilities.