FoodBud
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RankingsInsightsMixue SeriesArchiveMethodologyDataSearch中文
FoodBud

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Company card

Arcos Dorados

Medium
Brand

NYSE ARCO · US

Listing status
listed
Operating model
Franchise / master franchise
Scale basis
GMV / system sales
Confidence
Medium
Segment
qsr burger

Good Latin America McDonald's benchmark, but systemwide sales is inferred from digital-sales share rather than copied from a direct total table.

Scale basis note

Terminal transaction scale across the network. Useful for franchise reach, not the same as listed-company revenue.

Compare this operator
Every number has a source row

Metrics below keep source tier, quality, period, and source link visible at the metric level.

Source tiers
S1Official primary — filings, annual reports, prospectuses
S2Official secondary — IR decks, transcripts
S3Supplementary — vetted media, databases
S0Not usable — flagged, never published

Source tiers — S1 official primary · S2 official secondary · S3 supplementary · S0 not usable. Open “Provenance” on any number for its tier, basis, precision, and do-not-use note.

GMV is not revenue

GMV/system sales, revenue, and royalty pool sales are separate scale bases. Screening proxies are directional only.

MetricValuePeriod / basisQualitySource
Stores
Reported restaurant, coffee shop, tea shop, bakery, or comparable chain units.
2,520 stores
FY2025 (year ended Dec 31, 2025): ending the year with 2,520 locations
Source-backed
S2 official secondary (opens in new tab)
Press Or Ir · ending the year with 2,520 locations
Provenance
Tier: S2 official secondary
Source: Press Or Ir
Scale
Terminal transaction scale across the network. Useful for franchise reach, not the same as listed-company revenue.
$6.07B
Directional proxy
FY2025 (year ended Dec 31, 2025): Unverified: no citable primary disclosure with a verbatim excerpt found. Stored value $6,065,573,770 is labeled 'implied systemwide sales' and is a derived estimate — not a line item disclosed in any Arcos Dorados filing. The 20-F/6-K discl
GMV / system salesTerminal transaction scale across the network. Useful for franchise reach, not the same as listed-company revenue.
Directional proxy
S1 official primary (opens in new tab)
Regulatory Filing · Unverified: no citable primary disclosure with a verbatim excerpt found. Stored value $6,065,573,770 is labeled 'implied systemwide sales' and is a derived estimate — not a line item disclosed in any Arcos Dorados filing. The 20-F/6-K discl
Provenance
Tier: S1 official primary
Source: Regulatory Filing
Basis: GMV / system sales
Precision: Source-backed
Scale per store
Screening proxy: scale divided by store count. It is not audited AUV or unit profit.
$2.41M
Screening proxy
Derived scale_per_store using scale ÷ store_count at the linked scale basis; not a separately reported company metric.
GMV / system salesTerminal transaction scale across the network. Useful for franchise reach, not the same as listed-company revenue.
Source-backed
S1 official primary (opens in new tab)
Operator Metric Source · Source used for operator metric extraction.
Provenance
Tier: S1 official primary
Source: Operator Metric Source
Basis: GMV / system sales
Precision: Derived
Profit signal
Profit signal from the source period. Read with local accounting and segment mix in mind.
$212.12M
FY2025 (year ended Dec 31, 2025): Full-year net income attributable to the company rose to $212.1 million
Profit-positiveScale basis not specified. Use as a screening signal until a source pack is attached.
Source-backed
S2 official secondary (opens in new tab)
Press Or Ir · Full-year net income attributable to the company rose to $212.1 million
Provenance
Tier: S2 official secondary
Source: Press Or Ir
Basis: Profit-positive
Revenue
Source-backed operating metric from the locked research snapshot.
$4.68B
USD 4.68B revenue (RevenueFromContractWithCustomerExcludingAssessedTax)
Revenue proxyRecognized company revenue. Useful for accounting scale, but not directly comparable with GMV/system sales.
Source-backed
S1 official primary (opens in new tab)
Operator Metric Source · Source used for operator metric extraction.
Provenance
Tier: S1 official primary
Source: Operator Metric Source
Basis: Revenue proxy
Precision: Source-backed

Market data (listed companies)

Market valuation · fluctuates · not operational scale · do not compare with GMV / system sales. Listed companies only.

MetricValuePeriod / basisQualitySource
Market cap
Public market capitalization captured in the locked source snapshot.
$1.86B
May 22, 2026: Arcos Dorados (ARCO) closed at $8.75 on May 22, 2026
Market cap (USD)Scale basis not specified. Use as a screening signal until a source pack is attached.
Source-backed
S3 supplementary (opens in new tab)
Media Or Aggregator · Arcos Dorados (ARCO) closed at $8.75 on May 22, 2026
Provenance
Tier: S3 supplementary
Source: Media Or Aggregator
Basis: Market cap (USD)
Precision: Market snapshot · not operational scale
⚠ Do not use for: Market valuation · not operational scale · never compare with GMV/system sales

Operator profile

13/19 source-backed

Classification, firmographics, ownership and operating dimensions — source-backed where disclosed, marked as a gap (never inferred) where not.

Format & positioning
Cuisine (primary)
burgerS3 supplementary (opens in new tab)
Cuisine (secondary)
chickenS3 supplementary (opens in new tab)
Service model
QSRtier3_reference (opens in new tab)
Price tier
valuetertiary (opens in new tab)
Company
Founded
2,007secondary (opens in new tab)
HQ country
Argentinacompany (opens in new tab)
CEO
Luis Raganatocompany (opens in new tab)
Employees
100,000 headcountregulatory (opens in new tab)~
Ownership
Parent
Independent (Arcos Dorados Holdings) — world's largest McDonald's franchisee / master franchisee for Latin America & Caribbean (20-yr master franchise renewed 2025); McDonald's Corp does NOT own equitycompany/news (opens in new tab)
PE / holding
Woods Staton — founder, Executive Chairman & controlling shareholder (via dual-class structure)S4 (opens in new tab)
Recent M&A
not disclosed
Growth
Revenue YoY
4.7%S1 official primary (opens in new tab)
Net new units
102 unitsS1 official primary (opens in new tab)~
Pricing & digital
Avg check
not disclosed
Digital sales
61%company (opens in new tab)
Loyalty members
27.2company (opens in new tab)
Franchise terms
Royalty
6%press-release/company-announcement (opens in new tab)
Franchise fee
not disclosed
By-market footprint
Brazil
1,230 storesS1 official primary (opens in new tab)
NOLAD (multi-country)
669 stores◑derivedS1 official primary (opens in new tab)
SLAD (multi-country)
621 stores◑derivedS1 official primary (opens in new tab)

Store counts by market/region — footprint context, not a same-basis comparison.

Disclosed store model

disclosed8/8 source-backed

Company-operated vs franchised footprint, AUV and store-level economics — taken verbatim from each operator's own filing, never inferred. A separate axis from company scale and single-store economics.

Total stores
2,520 stores
FY2025, as of December 31, 2025
Source-backedS1 official primary (opens in new tab)
Company-operated
1,800 stores
FY2025, as of December 31, 2025
Source-backedS1 official primary (opens in new tab)
Franchised
720 stores
FY2025, as of December 31, 2025
Source-backedS1 official primary (opens in new tab)
System sales
$6M
FY2025 (year ended December 31, 2025) — total systemwide restaurant sales
Source-backedS1 official primary (opens in new tab)
AUV — average unit volume
2,481 USD
FY2025 (year ended December 31, 2025) — Company-operated restaurants
Source-backedS1 official primary (opens in new tab)
AUV — average unit volume
2,235 USD
FY2025 (year ended December 31, 2025) — Franchised restaurants
Source-backedS1 official primary (opens in new tab)
New units opened
102 stores
FY2025 (year ended December 31, 2025) — systemwide restaurant openings
Source-backedS1 official primary (opens in new tab)
Net refranchised
-8 stores
FY2025 (year ended December 31, 2025) — net conversions of franchised to Company-operated
Source-backedS1 official primary (opens in new tab)

Single-store model

2/8 source-backed

Unit economics are a separate axis from company-level scale — never read as the same number. Each field keeps its source, period, and quality; derived/estimated rows and gaps are marked.

AUV / unit sales
Derived; not disclosed AUV.
Derived: gmv_or_system_sales_usd 6,065,573,770/2,520=~USD2,406,974/store.
FY2024_or_latest_L1
EstimatedNeeds source
Single-store profit
GAP — not fabricated.
—
GapSource (opens in new tab)
Initial investment
GAP — not fabricated.
—
GapSource (opens in new tab)
Franchise fee / royalty
GAP — not fabricated.
—
GapSource (opens in new tab)
Payback period
GAP — not fabricated.
—
GapSource (opens in new tab)
Same-store sales
GAP — not fabricated.
—
GapSource (opens in new tab)
Store open / close
GAP — not fabricated.
—
GapSource (opens in new tab)
Company-operated share
Inferred.
Model "franchise_or_master_franchise"→0.0.
current
EstimatedNeeds source

Cost structure

4/6 source-backed

Where each revenue dollar goes, latest disclosed year. Slices use each operator's reported base — % of revenue unless the row notes otherwise (% of GMV, restaurant-level, franchise goods-supply COGS). Grey = not separately disclosed. This is a separate axis from company scale and single-store economics.

Food / COGS35.1%
FY2024S1 official primary (opens in new tab)Source-backed
McD LatAm master franchisee, mostly co-operated. Food 35.1/payroll 18.7 (low LatAm wage)/occupancy&other 29.0 -> rest margin 17.2%. Pays ~6.2% royalty to McD. Group op margin 7.3%.
Labor18.7%
FY2024S1 official primary (opens in new tab)Source-backed
McD LatAm master franchisee, mostly co-operated. Food 35.1/payroll 18.7 (low LatAm wage)/occupancy&other 29.0 -> rest margin 17.2%. Pays ~6.2% royalty to McD. Group op margin 7.3%.
Rent / occupancy29%
FY2024· occupancy&other, % company-operated salesS1 official primary (opens in new tab)Source-backed
McD LatAm master franchisee, mostly co-operated. Food 35.1/payroll 18.7 (low LatAm wage)/occupancy&other 29.0 -> rest margin 17.2%. Pays ~6.2% royalty to McD. Group op margin 7.3%.
Delivery commission—
FY2024Gap
McD LatAm master franchisee, mostly co-operated. Food 35.1/payroll 18.7 (low LatAm wage)/occupancy&other 29.0 -> rest margin 17.2%. Pays ~6.2% royalty to McD. Group op margin 7.3%.
Marketing—
FY2024Gap
McD LatAm master franchisee, mostly co-operated. Food 35.1/payroll 18.7 (low LatAm wage)/occupancy&other 29.0 -> rest margin 17.2%. Pays ~6.2% royalty to McD. Group op margin 7.3%.
Operating margin17.2%
FY2024· restaurant_levelS2 official secondary (opens in new tab)Estimated
McD LatAm master franchisee, mostly co-operated. Food 35.1/payroll 18.7 (low LatAm wage)/occupancy&other 29.0 -> rest margin 17.2%. Pays ~6.2% royalty to McD. Group op margin 7.3%.

Supply chain

15 suppliers · 15 with S1 filing

Who supplies this brand — reverse-extracted from each supplier's own filing (top-customer / related-party disclosure). The % is the supplier's revenue share from this brand (supplier-side, not procurement spend), unless a note says otherwise. Each edge keeps its period, source tier, and audit link; named relationships without a disclosed % are shown as such.

BRF S.A.B3:BRFS3
Ingredients
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
Bunge Limited (Bunge Global SA)NYSE:BG
Ingredients
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
Golden State Foods
Ingredients
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
Grupo Bimbo (Bimbo S.A. de C.V.)BMV:BIMBOA
Ingredients
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
J.R. Simplot Company
Ingredients
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
Kerry Group plcISE:KYGA
Ingredients
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
Marfrig Global Foods S.A.B3:MRFG3
Ingredients
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
McCain Foods Group Inc.
Ingredients
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
Schreiber Foods Inc.
Ingredients
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
The Coca-Cola CompanyNYSE:KO
Ingredients
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
Tyson Foods, Inc.NYSE:TSN
Ingredients
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
BO Packaging S.A.
Packaging
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
Brasilgrafica S.A.
Packaging
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
Axionlog Distribution B.V.
Logistics / cold chain
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)
HAVI Group L.P. (incl. Martin Brower / TMF)
Logistics / cold chain
discloses as: Arcos Dorados
—named (no % disclosed)S1 filingsource (opens in new tab)

Peers in this segment

McDonald'sGMV / system salesWendy'sGMV / system salesA&W Food Services of Canada Inc.GMV / system salesJack in the BoxGMV / system sales

Same segment — each operator keeps its own scale basis; this is navigation, not a like-for-like comparison.