IRSA Inversiones y Representaciones SA (IRS) Key Metrics
IRS key metrics, FY2016–FY2026
Fiscal year ended June 30, 2026 · Argentine pesosIRS returns How much profit the business earns on the capital it uses.
IRS financial health Debt, liquidity and how easily interest is covered.
IRS efficiency & capital use Working capital cycle and where the cash goes.
IRS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
IRS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
IRS cash returned to shareholders
IRS key metrics in Argentine pesos
FY2016–FY2026| FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 17.3% | −3.3% | 36.7% | 130.2% | −114.9% | −113.0% | −68.6% | 41.9% | −4.7% | 44.1% |
| Return on invested capital (ROIC) | 7.3% | −15.4% | −8.7% | 66.5% | −9.7% | −5.5% | −10.2% | 10.7% | 2.4% | 10.8% |
| Return on assets (ROA) | 8.1% | −1.7% | 18.1% | 53.9% | −36.0% | −25.2% | −13.6% | 7.4% | −0.6% | 6.0% |
| Return on tangible assets | 8.2% | −1.9% | 11.9% | 34.7% | −48.0% | −29.3% | −12.0% | 6.5% | −0.5% | 6.5% |
| Free cash flow margin | 19.0% | 30.3% | 7.7% | 38.3% | 8.5% | 8.5% | 143.2% | 17.0% | 18.4% | 27.6% |
| Income quality (OCF / net income) | 0.35 | — | 0.12 | 0.37 | — | — | — | 0.97 | — | 0.43 |
| Financial health | ||||||||||
| Total debt | ARS 1.02T | ARS 377.70B | ARS 412.24B | ARS 163.76B | ARS 67.46B | ARS 103.37B | ARS 427.14B | ARS 307.25B | ARS 129.41B | ARS 112.93B |
| Cash & short-term investments | ARS 572.39B | ARS 148.96B | ARS 160.30B | ARS 67.30B | ARS 5.10B | ARS 8.36B | ARS 104.36B | ARS 67.29B | ARS 39.14B | ARS 24.78B |
| Net debt | ARS 447.75B | ARS 228.74B | ARS 251.94B | ARS 96.46B | ARS 62.36B | ARS 95.01B | ARS 322.78B | ARS 239.96B | ARS 90.27B | ARS 88.15B |
| Debt / equity | 0.45 | 0.35 | 0.30 | 0.48 | 0.82 | 1.02 | 4.98 | 4.12 | 5.00 | 5.22 |
| Debt / assets | 0.21 | 0.17 | 0.16 | 0.20 | 0.30 | 0.28 | 0.90 | 0.92 | 0.56 | 0.71 |
| Net debt / EBITDA | 0.66 | — | 4.63 | 0.26 | 115.05 | 175.30 | — | 17.88 | 5.47 | 4.53 |
| Current ratio | 1.75 | 0.83 | 0.99 | 0.49 | 0.63 | 0.63 | 1.91 | 2.05 | 1.41 | 0.98 |
| Quick ratio | 1.71 | 0.83 | 0.98 | 0.49 | 0.62 | 0.62 | 1.89 | 1.97 | 1.29 | 0.90 |
| Interest coverage | 3.4 | -7.1 | -2.5 | 3.2 | -0.9 | -1.0 | -3.1 | 3.8 | 0.5 | 8.4 |
| Working capital | ARS 342.25B | −ARS 45.30B | −ARS 3.88B | −ARS 94.88B | −ARS 8.21B | −ARS 13.47B | ARS 67.32B | ARS 49.26B | ARS 19.06B | −ARS 837.0M |
| Invested capital | ARS 2.73T | ARS 1.31T | ARS 1.61T | ARS 438.92B | ARS 145.08B | ARS 196.41B | ARS 408.60B | ARS 314.50B | ARS 116.14B | ARS 109.79B |
| Tangible asset value | ARS 2.39T | ARS 1.09T | ARS 1.41T | ARS 358.62B | ARS 80.32B | ARS 131.72B | ARS 67.91B | ARS 62.24B | ARS 34.95B | ARS 1.74B |
| Net current asset value | −ARS 1.64T | −ARS 861.60B | −ARS 944.10B | −ARS 346.32B | −ARS 126.14B | −ARS 206.84B | −ARS 247.54B | −ARS 165.21B | −ARS 118.41B | −ARS 102.74B |
| Capital allocation | ||||||||||
| Dividends paid | ARS 165.84B | ARS 212.50B | ARS 32.28B | ARS 1.45B | ARS 9.14B | ARS 9.14B | ARS 0 | ARS 1.39B | ARS 147.0M | ARS 106.0M |
| Share buybacks (net) | ARS 0 | ARS 37.24B | ARS 1.74B | ARS 2.60B | ARS 0 | ARS 11.17B | ARS 7.38B | ARS 1.99B | ARS 0 | ARS 16.4M |
| Dividend payout ratio | 42.1% | — | 10.3% | 0.5% | — | — | — | 6.6% | — | 1.1% |
| Dividends + buybacks / free cash flow | 132.5% | 180.1% | 95.7% | 4.1% | 235.5% | 523.3% | 18.4% | 25.5% | 1.6% | 3.4% |
| Capex / revenue | 1.7% | 1.2% | 0.2% | 1.2% | 2.8% | 2.8% | 1.8% | 9.2% | 7.6% | 4.4% |
| Capex / operating cash flow | 8.2% | 3.9% | 2.6% | 3.2% | 24.6% | 24.6% | 1.3% | 35.1% | 29.2% | 13.6% |
| Capex / depreciation | 0.40 | 0.62 | 0.49 | 0.43 | 0.56 | 0.56 | 0.92 | 0.74 | 0.51 | 0.37 |
| Stock-based compensation / revenue | — | — | 12.4% | — | 33.9% | 0.5% | 0.3% | 0.1% | 0.3% | 0.3% |
| R&D / revenue | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 14.3% | 15.2% | 21.5% | 13.9% | 22.3% | 22.3% | 20.4% | 9.5% | 11.1% | 9.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 114.0 | 70.2 | 48.3 | 22.8 | 90.7 | 147.6 | 249.5 | 76.9 | 110.9 | 375.8 |
| Days of inventory on hand | 28.1 | 3.9 | 2.8 | 1.6 | 3.9 | 14.3 | 93.8 | 34.8 | 46.4 | 180.9 |
| Days payables outstanding | 251.4 | 201.1 | 129.8 | 44.2 | 105.9 | 211.8 | 578.8 | 131.8 | 190.6 | 835.7 |
| Cash conversion cycle (days) | -109.3 | -127.0 | -78.8 | -19.7 | -11.4 | -49.9 | -235.6 | -20.0 | -33.3 | -279.0 |
| Receivables turnover | 3.20 | 5.20 | 7.56 | 16.01 | 4.02 | 2.47 | 1.46 | 4.75 | 3.29 | 0.97 |
| Payables turnover | 1.45 | 1.82 | 2.81 | 8.27 | 3.45 | 1.72 | 0.63 | 2.77 | 1.91 | 0.44 |
| Inventory turnover | 13.01 | 93.55 | 130.25 | 222.82 | 94.52 | 25.53 | 3.89 | 10.48 | 7.86 | 2.02 |
| Asset turnover | 0.14 | 0.19 | 0.27 | 0.50 | 0.16 | 0.11 | 0.07 | 0.28 | 0.26 | 0.08 |
| Average receivables | ARS 205.47B | ARS 88.06B | ARS 61.15B | ARS 16.05B | ARS 11.40B | ARS 18.55B | ARS 19.14B | ARS 16.47B | ARS 15.45B | ARS 13.30B |
| Average payables | ARS 177.84B | ARS 83.91B | ARS 56.75B | ARS 11.74B | ARS 6.74B | ARS 13.46B | ARS 16.59B | ARS 17.73B | ARS 18.47B | ARS 16.11B |
| Average inventory | ARS 19.84B | ARS 1.63B | ARS 1.23B | ARS 435.5M | ARS 245.5M | ARS 909.0M | ARS 2.69B | ARS 4.69B | ARS 4.50B | ARS 3.49B |
| Intangibles / total assets | 0.6% | 2.9% | 1.1% | 0.9% | 1.1% | 1.1% | 3.8% | 3.7% | 5.4% | 7.4% |
Computed from IRS's annual financial statements (latest annual report filed June 30, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Argentine pesos; data from EODHD. Averages use the opening and closing balance of each year.
IRS valuation and financial ratios
IRSA Inversiones y Representaciones earned a return on equity of 17.3% and a return on invested capital of 7.3% in fiscal 2026. It ended the year with ARS 1.02 trillion of debt and ARS 572.4 billion in cash and short-term investments, net debt of ARS 447.8 billion. It returned ARS 165.8 billion to shareholders: ARS 165.8 billion in dividends and ARS 0 in share buybacks, 133% of free cash flow.
See the IRS income statement, the IRS chart for price history, or the IRS stock overview for the latest quote and news.
IRS key metrics FAQ
What is IRSA Inversiones y Representaciones's return on equity?
IRSA Inversiones y Representaciones's return on equity (ROE) was 17.3% in fiscal 2026: net income of ARS 393.5 billion on average shareholders' equity of ARS 1.68 trillion.
What is IRSA Inversiones y Representaciones's ROIC?
IRSA Inversiones y Representaciones's return on invested capital was 7.3% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does IRSA Inversiones y Representaciones have?
IRSA Inversiones y Representaciones had total debt of ARS 1.02 trillion at the end of fiscal 2026, a debt-to-equity ratio of 0.45 and ARS 447.8 billion of net debt (0.66 times EBITDA).
What is IRSA Inversiones y Representaciones's current ratio?
IRSA Inversiones y Representaciones's current ratio was 1.75 at the end of fiscal 2026: current assets were 1.75 times current liabilities.