Arcos Dorados Holdings Inc. (ARCO)

Arcos Dorados Holdings Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	4,422	4,332	3,619	2,660	1,984	2,959
Revenue Growth (YoY)	15.80%	19.70%	36.05%	34.05%	-32.94%	-3.98%
Cost of Revenue	3,826	3,735	3,126	2,336	1,869	2,592
Gross Profit	596.57	597.15	492.61	324.06	115.44	367.54
Selling, General & Admin	288.07	285	239.26	210.91	171.38	212.52
Other Operating Expenses	-6.8	-1.89	-11.08	-26.37	10.81	-4.91
Operating Expenses	281.27	283.11	228.18	184.54	182.19	207.61
Operating Income	315.31	314.04	264.42	139.52	-66.75	159.94
Interest Expense / Income	38.85	32.28	43.75	49.55	33.39	52.08
Other Expense / Income	10.44	4.79	-5.15	12.55	31.77	-10.88
Pretax Income	266.01	276.98	225.82	77.42	-131.92	118.73
Income Tax	93.64	95.7	85.48	31.93	17.53	38.84
Net Income	172.38	181.27	140.34	45.49	-149.45	79.9
Net Income Growth	12.48%	29.16%	208.54%	-	-	116.83%
Shares Outstanding (Basic)	211	211	213	213	210	211
Shares Change	-	-1.08%	0.05%	1.45%	-0.57%	-2.77%
EPS (Basic)	0.82	0.86	0.67	0.22	-0.72	0.39
EPS (Diluted)	0.82	0.86	0.67	0.22	-0.72	0.38
EPS Growth	12.33%	28.36%	204.55%	-	-	114.69%
Free Cash Flow	-26.51	24.41	131.04	145.03	-69.55	-38.41
Free Cash Flow Per Share	-0.13	0.12	0.61	0.68	-0.33	-0.18
Dividend Per Share	0.200	0.190	0.150	-	0.108	0.107
Dividend Growth	25.00%	26.67%	-	-	0.93%	10.31%
Gross Margin	13.49%	13.78%	13.61%	12.18%	5.82%	12.42%
Operating Margin	7.13%	7.25%	7.31%	5.25%	-3.36%	5.40%
Profit Margin	3.90%	4.18%	3.88%	1.71%	-7.53%	2.70%
Free Cash Flow Margin	-0.60%	0.56%	3.62%	5.45%	-3.50%	-1.30%
Effective Tax Rate	35.20%	34.55%	37.85%	41.25%	-	32.71%
EBITDA	463.71	458.52	389.35	247.36	28.33	294.03
EBITDA Margin	10.49%	10.58%	10.76%	9.30%	1.43%	9.94%
Depreciation & Amortization	158.84	149.27	119.78	120.39	126.85	123.22
EBIT	304.87	309.25	269.57	126.97	-98.53	170.81
EBIT Margin	6.89%	7.14%	7.45%	4.77%	-4.97%	5.77%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).