Grupo Carso, S.A.B. de C.V. (BMV:GCARSO.A1)
Mexico · Delayed Price · Currency is MXN 163.08
-4.90 (-2.92%)
Nov 9, 2026, 2:59 PM CST
Grupo Carso Cash Flow Statement
Financials in millions MXN. Fiscal year is January - December.
Millions MXN. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 10,860 | 8,775 | 14,457 | 13,519 | 19,062 | 11,282 |
Depreciation & Amortization | 7,255 | 7,891 | 6,487 | 5,114 | 4,830 | 3,306 |
Other Amortization | 327.74 | 299.72 | 340.22 | 193.79 | 204.04 | 170.25 |
Loss (Gain) From Sale of Assets | 1.57 | 1.57 | 4.11 | 1.9 | -22.61 | -14.3 |
Asset Writedown & Restructuring Costs | -68 | -24.74 | -85.85 | -43.43 | 226.72 | -777.32 |
Loss (Gain) From Sale of Investments | -2,271 | -2,271 | - | - | -3,810 | - |
Loss (Gain) on Equity Investments | -3,496 | -2,795 | -2,640 | -2,600 | -2,613 | -3,771 |
Other Operating Activities | 7,809 | 6,690 | 12,012 | 6,549 | 3,693 | 1,541 |
Change in Accounts Receivable | -385.69 | 8,681 | 679.89 | -9,123 | -6,154 | -4,229 |
Change in Inventory | 292.14 | 1,949 | -3,432 | -699.69 | -1,018 | -4,121 |
Change in Accounts Payable | -1,783 | -2,444 | 3,467 | 2,212 | -364.77 | 1,363 |
Change in Unearned Revenue | 33.45 | 33.45 | 50.1 | 207.43 | -1,101 | -2,112 |
Change in Income Taxes | -5,060 | -5,060 | -6,977 | -7,380 | -1,696 | -4,689 |
Change in Other Net Operating Assets | 2,058 | 3,340 | 775.39 | 3,977 | 5,297 | 5,168 |
Operating Cash Flow | 15,297 | 24,312 | 25,020 | 12,618 | 16,533 | 3,117 |
Operating Cash Flow Growth | 12.20% | -2.83% | 98.29% | -23.68% | 430.40% | -70.93% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -11,603 | -8,163 | -6,476 | -5,551 | -5,236 | -1,432 |
Sale of Property, Plant & Equipment | 55.27 | 52.37 | 202.99 | 120.42 | 74.06 | 86.92 |
Cash Acquisitions | -361.77 | -361.77 | -11,214 | -1,399 | -6,279 | -410 |
Divestitures | 4,879 | 4,879 | - | 2 | - | - |
Sale (Purchase) of Intangibles | -19.01 | -24.13 | -454.83 | 37.84 | -387.88 | -1,011 |
Sale (Purchase) of Real Estate | - | - | - | - | - | -6.33 |
Investment in Securities | -2,320 | - | - | -132.14 | 196.94 | 2,775 |
Other Investing Activities | 3,336 | 3,601 | 3,746 | 6,414 | 3,102 | 2,524 |
Investing Cash Flow | -6,034 | -16.82 | -14,196 | -508.02 | -8,530 | 2,526 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 71,783 | 78,993 | 89,300 | 43,023 | 17,411 |
Long-Term Debt Repaid | - | -83,965 | -80,418 | -88,565 | -43,535 | -18,492 |
Lease Payments | -1,013 | -1,332 | -1,712 | -2,225 | -1,935 | -1,121 |
Net Debt Issued (Repaid) | -340.63 | -12,182 | -1,425 | 735.07 | -511.93 | -1,081 |
Repurchase of Common Stock | -298.69 | -224.85 | -236.04 | -318.65 | -444.41 | -754.35 |
Common Dividends Paid | -3,993 | -5,073 | -4,028 | -1,806 | -2,512 | -2,371 |
Other Financing Activities | -2,206 | -4,005 | -5,692 | -5,246 | -3,270 | -1,504 |
Financing Cash Flow | -6,838 | -21,484 | -11,382 | -6,635 | -6,738 | -5,710 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 4,815 | 4,544 | 452.61 | -1,422 | -167.6 | -499.28 |
Net Cash Flow | 7,240 | 7,355 | -105.34 | 4,052 | 1,097 | -566.46 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 3,694 | 16,149 | 18,544 | 7,067 | 11,296 | 1,685 |
Free Cash Flow Growth | -44.62% | -12.92% | 162.40% | -37.44% | 570.33% | -72.35% |
Free Cash Flow Margin | 1.90% | 8.43% | 9.36% | 3.65% | 6.22% | 1.35% |
Free Cash Flow Per Share | 1.54 | 7.16 | 8.22 | 3.14 | 5.02 | 0.74 |
Levered Free Cash Flow | 6,030 | 20,474 | 3,705 | 1,523 | 2,232 | -2,379 |
Unlevered Free Cash Flow | 8,204 | 23,353 | 7,613 | 5,144 | 4,602 | -1,326 |
Free Cash Flow After Leases | 2,681 | 14,817 | 16,832 | 4,842 | 9,361 | 563.99 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 2,206 | 4,005 | 5,692 | 5,246 | 3,262 | 1,259 |
Cash Income Tax Paid | 4,624 | 5,121 | 5,692 | 6,922 | 2,872 | 4,589 |
Change in Working Capital | -4,845 | 6,500 | -5,437 | -10,805 | -5,037 | -8,619 |