Arcos Dorados Holdings Debt-to-Equity Ratio Growth & History (ARCO)
Arcos Dorados Holdings's debt-to-equity ratio was 2.91 for fiscal 2025.
View full Arcos Dorados Holdings company overviewArcos Dorados Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.91 | −0.47 | −13.93% |
| 2024 | 2024-12-31 | 3.39 | 0.10 | +3.17% |
| 2023 | 2023-12-31 | 3.28 | −1.54 | −31.99% |
| 2022 | 2022-12-31 | 4.83 | −2.12 | −30.49% |
| 2021 | 2021-12-31 | 6.94 | −1.09 | −13.54% |
| 2020 | 2020-12-31 | 8.03 | 4.30 | +115.11% |
| 2019 | 2019-12-31 | 3.73 | 2.08 | +126.35% |
| 2018 | 2018-12-31 | 1.65 | 0.34 | +25.99% |
| 2017 | 2017-12-31 | 1.31 | −0.34 | −20.75% |
| 2016 | 2016-12-31 | 1.65 | −0.73 | −30.52% |
| 2015 | 2015-12-31 | 2.38 | 0.57 | +31.47% |
| 2014 | 2014-12-31 | 1.81 | 0.67 | +58.74% |
| 2013 | 2013-12-31 | 1.14 | 0.25 | +28.53% |
| 2012 | 2012-12-31 | 0.89 | 0.11 | +13.67% |
| 2011 | 2011-12-31 | 0.78 | −0.08 | −8.79% |
| 2010 | 2010-12-31 | 0.85 | — | — |
Arcos Dorados Holdings quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.67 | −0.82 | −23.57% |
| Q1 2026 | 2026-03-31 | 2.79 | −1.48 | −34.63% |
| Q4 2025 | 2025-12-31 | 2.91 | −0.47 | −13.93% |
| Q3 2025 | 2025-09-30 | 2.77 | — | — |
| Q2 2025 | 2025-06-30 | 3.49 | — | — |
| Q1 2025 | 2025-03-31 | 4.27 | — | — |
| Q4 2024 | 2024-12-31 | 3.39 | 0.10 | +3.17% |
| Q4 2023 | 2023-12-31 | 3.28 | −1.54 | −31.99% |
| Q4 2022 | 2022-12-31 | 4.83 | −2.12 | −30.49% |
| Q4 2021 | 2021-12-31 | 6.94 | −1.09 | −13.54% |
| Q4 2020 | 2020-12-31 | 8.03 | 4.30 | +115.11% |
| Q4 2019 | 2019-12-31 | 3.73 | 2.08 | +126.35% |
| Q4 2018 | 2018-12-31 | 1.65 | 0.34 | +25.99% |
| Q4 2017 | 2017-12-31 | 1.31 | −0.34 | −20.75% |
| Q4 2016 | 2016-12-31 | 1.65 | −0.73 | −30.52% |
| Q4 2015 | 2015-12-31 | 2.38 | 0.57 | +31.47% |
| Q4 2014 | 2014-12-31 | 1.81 | 0.67 | +58.74% |
| Q4 2013 | 2013-12-31 | 1.14 | 0.25 | +28.53% |
| Q4 2012 | 2012-12-31 | 0.89 | 0.11 | +13.67% |
| Q4 2011 | 2011-12-31 | 0.78 | −0.08 | −9.03% |
| Q4 2010 | 2010-12-31 | 0.86 | — | — |
Arcos Dorados Holdings debt-to-equity ratio trends
Over the last five fiscal years, Arcos Dorados Holdings's debt-to-equity ratio decreased from 8.03 to 2.91, a change of −5.11. The latest reported quarter, Q2 2026, shows 2.67.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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