Cementos Argos Income Statement

Financials in millions COP. Fiscal year is January - December.

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Revenue	5,146,336	5,155,682	5,299,281	3,916,013	11,684,055	9,817,689
Revenue Growth	-1.39%	-2.71%	35.32%	-66.48%	19.01%	9.08%
Cost of Revenue	3,742,969	3,751,558	3,984,045	2,954,902	9,660,106	7,942,982
Gross Profit	1,403,367	1,404,124	1,315,236	961,111	2,023,949	1,874,707
Selling, General & Admin	588,758	597,944	652,033	452,308	999,554	865,015
Other Operating Expenses	76,877	73,601	77,951	67,421	-60,199	-136,723
Operating Expenses	665,635	671,545	729,984	519,729	939,355	728,292
Operating Income	737,732	732,579	585,252	441,382	1,084,594	1,146,415
Interest Expense	-435,171	-455,315	-705,368	-573,426	-630,899	-434,224
Interest & Investment Income	441,801	459,234	176,303	47,432	52,303	32,738
Earnings From Equity Investments	1,466	664	782	874	7,461	-8,157
Currency Exchange Gain (Loss)	21,324	78,067	-1,349	-35,167	3,421	10,387
Other Non Operating Income (Expenses)	-11,869	-11,869	24,922	-11,521	-27,500	-
EBT Excluding Unusual Items	755,283	803,360	80,542	-130,426	489,380	747,159
Gain (Loss) on Sale of Investments	-	-	-110	-	-	82
Gain (Loss) on Sale of Assets	4,062	4,062	5,544	3,681	11,080	-18,454
Asset Writedown	-114,261	-114,261	5,695	6,570	13,077	23,786
Legal Settlements	-6,930	-6,930	-7,440	-6,214	-7,061	-1,939
Pretax Income	684,434	732,511	144,006	-104,510	580,408	817,634
Income Tax Expense	108,989	127,507	47,847	180,630	365,594	293,698
Earnings From Continuing Operations	575,445	605,004	96,159	-285,140	214,814	523,936
Earnings From Discontinued Operations	-14,300	1,984,639	5,489,014	583,376	-	-
Net Income to Company	561,145	2,589,643	5,585,173	298,236	214,814	523,936
Minority Interest in Earnings	-86,255	-84,090	-65,650	-56,717	-72,527	-92,804
Net Income	474,890	2,505,553	5,519,523	241,519	142,287	431,132
Net Income to Common	474,890	2,505,553	5,519,523	241,519	142,287	431,132
Net Income Growth	-79.57%	-54.61%	2185.34%	69.74%	-67.00%	451.40%
Shares Outstanding (Basic)	1,266	1,286	1,260	1,170	1,170	1,170
Shares Outstanding (Diluted)	1,266	1,286	1,260	1,170	1,170	1,170
Shares Change	-2.19%	2.11%	7.70%	-0.06%	-	1.63%
EPS (Basic)	375.12	1947.60	4380.81	206.46	121.56	368.34
EPS (Diluted)	375.12	1947.60	4380.81	206.46	121.56	368.34
EPS Growth	-79.11%	-55.54%	2021.90%	69.84%	-67.00%	442.54%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	299,513	347,229	556,797	1,715,695	707,666	905,923
Free Cash Flow Per Share	236.59	269.90	441.93	1466.62	604.60	773.98
Dividend Per Share	430.000	430.000	385.000	117.540	92.770	281.200
Dividend Growth	11.69%	11.69%	227.55%	26.70%	-67.01%	120.38%
Gross Margin	27.27%	27.23%	24.82%	24.54%	17.32%	19.10%
Operating Margin	14.34%	14.21%	11.04%	11.27%	9.28%	11.68%
Profit Margin	9.23%	48.60%	104.16%	6.17%	1.22%	4.39%
Free Cash Flow Margin	5.82%	6.73%	10.51%	43.81%	6.06%	9.23%
EBITDA	1,136,649	1,124,865	990,071	757,963	1,894,355	1,929,383
EBITDA Margin	22.09%	21.82%	18.68%	19.36%	16.21%	19.65%
D&A For EBITDA	398,917	392,286	404,819	316,581	809,761	782,968
EBIT	737,732	732,579	585,252	441,382	1,084,594	1,146,415
EBIT Margin	14.34%	14.21%	11.04%	11.27%	9.28%	11.68%
Effective Tax Rate	15.92%	17.41%	33.23%	-	62.99%	35.92%