Grupo Televisa, S.A.B (TV) Key Metrics
TV key metrics, 2016–2025
Fiscal year ended December 31, 2025 · Mexican pesosTV returns How much profit the business earns on the capital it uses.
TV financial health Debt, liquidity and how easily interest is covered.
TV efficiency & capital use Working capital cycle and where the cash goes.
TV returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TV debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TV cash returned to shareholders
TV key metrics in Mexican pesos
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −9.4% | −7.0% | −6.1% | 37.5% | 6.6% | −1.3% | 4.4% | 5.9% | 4.7% | 4.1% |
| Return on invested capital (ROIC) | 2.6% | 0.1% | 1.1% | 1.7% | 1.6% | 2.5% | 5.8% | 6.7% | 4.8% | 6.6% |
| Return on assets (ROA) | −3.8% | −3.2% | −3.0% | 15.1% | 2.1% | −0.4% | 1.6% | 2.0% | 1.5% | 1.3% |
| Return on tangible assets | −4.7% | −3.8% | −3.7% | 17.4% | 2.4% | −0.5% | 1.9% | 2.4% | 1.7% | 1.4% |
| Free cash flow margin | 16.5% | 35.5% | −2.1% | −17.9% | 5.7% | 16.7% | 6.6% | 7.3% | 7.0% | 6.5% |
| Income quality (OCF / net income) | — | — | — | 0.15 | 4.85 | — | 6.03 | 5.61 | 5.55 | 9.85 |
| Financial health | ||||||||||
| Total debt | MX$91.58B | MX$108.34B | MX$95.83B | MX$113.61B | MX$135.47B | MX$133.30B | MX$130.65B | MX$127.93B | MX$129.85B | MX$136.46B |
| Cash & short-term investments | MX$36.43B | MX$47.49B | MX$32.59B | MX$51.14B | MX$25.79B | MX$29.06B | MX$27.45B | MX$32.21B | MX$46.26B | MX$53.04B |
| Net debt | MX$55.14B | MX$60.85B | MX$63.24B | MX$62.47B | MX$109.68B | MX$104.25B | MX$103.19B | MX$95.71B | MX$83.58B | MX$83.42B |
| Debt / equity | 0.98 | 1.06 | 0.72 | 0.80 | 1.41 | 1.52 | 1.24 | 1.22 | 1.30 | 1.44 |
| Debt / assets | 0.40 | 0.43 | 0.37 | 0.38 | 0.46 | 0.49 | 0.45 | 0.43 | 0.44 | 0.44 |
| Net debt / EBITDA | 2.33 | 2.92 | 2.86 | 3.50 | 3.33 | 3.89 | 2.57 | 2.30 | 2.16 | 2.48 |
| Current ratio | 2.12 | 2.49 | 1.76 | 2.35 | 1.29 | 1.58 | 1.61 | 1.47 | 1.71 | 1.67 |
| Quick ratio | 2.11 | 2.48 | 1.73 | 2.31 | 1.25 | 1.54 | 1.58 | 1.45 | 1.69 | 1.64 |
| Interest coverage | 0.7 | 0.0 | 0.4 | 0.5 | 0.7 | 0.6 | 31.5 | 2.1 | 1.5 | 2.0 |
| Working capital | MX$31.59B | MX$40.88B | MX$27.24B | MX$46.84B | MX$16.46B | MX$25.35B | MX$25.66B | MX$23.19B | MX$36.28B | MX$38.54B |
| Invested capital | MX$148.69B | MX$163.26B | MX$196.27B | MX$204.86B | MX$205.47B | MX$192.19B | MX$208.69B | MX$200.49B | MX$183.24B | MX$178.21B |
| Tangible asset value | MX$69.31B | MX$77.62B | MX$97.24B | MX$101.27B | MX$53.53B | MX$45.21B | MX$62.17B | MX$61.72B | MX$63.77B | MX$57.17B |
| Net current asset value | −MX$66.36B | −MX$71.54B | −MX$65.84B | −MX$73.78B | −MX$124.16B | −MX$114.25B | −MX$116.89B | −MX$120.92B | −MX$110.52B | −MX$116.12B |
| Capital allocation | ||||||||||
| Dividends paid | MX$1.02B | MX$1.02B | MX$1.03B | MX$1.05B | MX$1.05B | MX$112.0M | MX$1.07B | MX$1.07B | MX$1.08B | MX$1.08B |
| Share buybacks (net) | MX$594.2M | MX$511.5M | MX$1.46B | MX$1.28B | MX$438.2M | MX$504.6M | MX$1.39B | MX$4.60B | MX$5.19B | MX$1.72B |
| Dividend payout ratio | — | — | — | 2.4% | 17.4% | — | 23.0% | 17.8% | 24.0% | 29.1% |
| Dividends + buybacks / free cash flow | 16.6% | 6.9% | — | — | 35.3% | 5.2% | 36.6% | 76.1% | 95.5% | 44.9% |
| Capex / revenue | 22.9% | 16.8% | 25.0% | 28.0% | 34.0% | 30.2% | 20.8% | 25.9% | 19.7% | 31.6% |
| Capex / operating cash flow | 58.1% | 32.2% | 109.1% | 279.0% | 85.6% | 64.4% | 76.0% | 77.9% | 73.9% | 83.0% |
| Capex / depreciation | 0.79 | 0.51 | 0.77 | 0.90 | 1.18 | 1.00 | 1.01 | 1.32 | 1.00 | 1.79 |
| Stock-based compensation / revenue | 0.6% | 0.8% | 1.1% | 2.4% | 1.6% | 1.4% | 1.1% | 1.3% | 1.6% | 1.5% |
| SG&A / revenue | 29.6% | 32.9% | 30.3% | 30.4% | 28.0% | 16.8% | 24.5% | 14.0% | 26.2% | 26.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 73.2 | 89.8 | 134.5 | 152.3 | 147.5 | 139.5 | 99.7 | 108.2 | 123.0 | 102.4 |
| Days of inventory on hand | 3.0 | 7.7 | 11.4 | 15.4 | 15.1 | 11.3 | 6.7 | 7.9 | 11.6 | 12.3 |
| Days payables outstanding | 130.1 | 111.9 | 127.0 | 166.5 | 178.2 | 227.3 | 174.6 | 135.8 | 150.5 | 143.2 |
| Cash conversion cycle (days) | -53.8 | -14.4 | 19.0 | 1.2 | -15.6 | -76.6 | -68.2 | -19.6 | -15.9 | -28.5 |
| Receivables turnover | 4.98 | 4.07 | 2.71 | 2.40 | 2.47 | 2.62 | 3.66 | 3.37 | 2.97 | 3.56 |
| Payables turnover | 2.81 | 3.26 | 2.87 | 2.19 | 2.05 | 1.61 | 2.09 | 2.69 | 2.43 | 2.55 |
| Inventory turnover | 120.54 | 47.68 | 31.96 | 23.69 | 24.21 | 32.38 | 54.24 | 45.92 | 31.56 | 29.70 |
| Asset turnover | 0.24 | 0.24 | 0.24 | 0.23 | 0.26 | 0.25 | 0.35 | 0.34 | 0.31 | 0.33 |
| Average receivables | MX$11.81B | MX$15.31B | MX$24.41B | MX$28.63B | MX$29.87B | MX$27.01B | MX$27.78B | MX$30.03B | MX$31.78B | MX$27.02B |
| Average payables | MX$12.97B | MX$12.60B | MX$15.06B | MX$19.78B | MX$22.78B | MX$28.16B | MX$28.26B | MX$21.52B | MX$22.07B | MX$20.55B |
| Average inventory | MX$301.9M | MX$862.3M | MX$1.35B | MX$1.83B | MX$1.93B | MX$1.40B | MX$1.09B | MX$1.26B | MX$1.70B | MX$1.76B |
| Intangibles / total assets | 14.7% | 13.5% | 13.7% | 13.8% | 14.4% | 15.8% | 14.9% | 14.5% | 12.1% | 12.3% |
Computed from TV'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 Mexican pesos; data from EODHD. Averages use the opening and closing balance of each year.
TV valuation and financial ratios
Grupo Televisa, S.A.B earned a return on equity of −9.4% and a return on invested capital of 2.6% in fiscal 2025. It ended the year with MX$91.6 billion of debt and MX$36.4 billion in cash and short-term investments, net debt of MX$55.1 billion. It returned MX$1.6 billion to shareholders: MX$1.0 billion in dividends and MX$594.2 million in share buybacks, 17% of free cash flow.
See the TV income statement, the TV chart for price history, or the TV stock overview for the latest quote and news.
TV key metrics FAQ
What is Grupo Televisa, S.A.B's return on equity?
Grupo Televisa, S.A.B's return on equity (ROE) was −9.4% in fiscal 2025: net income of -MX$9.2 billion on average shareholders' equity of MX$98.0 billion.
What is Grupo Televisa, S.A.B's ROIC?
Grupo Televisa, S.A.B's return on invested capital was 2.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Grupo Televisa, S.A.B have?
Grupo Televisa, S.A.B had total debt of MX$91.6 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.98 and MX$55.1 billion of net debt (2.33 times EBITDA).
Does Grupo Televisa, S.A.B buy back its shares?
Yes. Grupo Televisa, S.A.B spent MX$594.2 million on net share repurchases in fiscal 2025.
What is Grupo Televisa, S.A.B's current ratio?
Grupo Televisa, S.A.B's current ratio was 2.12 at the end of fiscal 2025: current assets were 2.12 times current liabilities.