NASDAQ : CRESY
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria — Financial statements
Industrials · Conglomerates · Argentina
Last price 10.94 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 757.66M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) reported revenue of 1.38T ARS (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in ARS.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 1.38T | 1.38T | 1.22T | 1.28T | 986.27B | 767.70B |
| Cost of Revenue | 819.33B | 819.33B | 739.13B | 738.00B | 599.93B | 574.95B |
| Gross Profit | 560.03B | 560.03B | 481.70B | 543.20B | 386.35B | 192.76B |
| Selling, General & Admin | 260.01B | 260.01B | 232.22B | 212.56B | 228.79B | 164.65B |
| Other Operating Expenses | 72.35B | 72.35B | 46.47B | 38.30B | 38.50B | 15.00B |
| Operating Expenses | 332.36B | 332.36B | 278.69B | 250.85B | 267.29B | 179.64B |
| Operating Income | 227.67B | 227.67B | 203.01B | 292.35B | 119.06B | 13.12B |
| Interest Expense | -179.00B | -179.00B | -108.56B | -136.84B | -116.36B | -112.67B |
| Interest & Investment Income | 22.77B | 22.77B | 22.49B | 159.42B | 11.39B | 21.77B |
| Earnings From Equity Investments | 39.45B | 39.45B | 35.91B | 61.36B | 8.18B | -1.56B |
| Currency Exchange Gain (Loss) | 145.34B | 145.34B | 37.49B | 110.06B | 103.98B | 235.87B |
| Other Non Operating Income (Expenses) | 82.81B | 82.81B | 121.07B | 188.39B | 102.53B | 30.57B |
| EBT Excluding Unusual Items | 339.03B | 339.03B | 311.41B | 674.75B | 228.79B | 187.09B |
| Gain (Loss) on Sale of Investments | 3.69B | -2.54B | ||||
| Gain (Loss) on Sale of Assets | 659.00M | 659.00M | 56.30B | 94.57B | 74.34B | 44.15B |
| Asset Writedown | 155.97B | 155.97B | 26.64B | -637.94B | -274.39B | 280.16B |
| Legal Settlements | -6.55B | -6.55B | -4.51B | -14.93B | -40.22B | -2.65B |
| Other Unusual Items | 354.00M | 354.00M | 976.00M | 455.00M | 18.21B | 11.66B |
| Pretax Income | 489.47B | 489.47B | 394.51B | 114.36B | 6.74B | 520.42B |
| Income Tax Expense | 117.19B | 117.19B | 94.88B | -104.42B | -384.75B | 15.83B |
| Earnings From Continuing Operations | 372.28B | 372.28B | 299.63B | 218.78B | 391.49B | 504.59B |
| Net Income to Company | 372.28B | 372.28B | 299.63B | 218.78B | 391.49B | 504.59B |
| Minority Interest in Earnings | -195.02B | -195.02B | -171.24B | -37.53B | -171.26B | -207.53B |
| Net Income | 177.26B | 177.26B | 128.40B | 181.26B | 220.23B | 297.05B |
| Net Income to Common | 177.26B | 177.26B | 128.40B | 181.26B | 220.23B | 297.05B |
| Shares Outstanding (Basic) | 657.00M | 657.00M | 603.00M | 592.00M | 602.00M | 609.00M |
| Shares Outstanding (Diluted) | 657.00M | 657.00M | 662.00M | 702.00M | 685.00M | 679.00M |
| EPS (Basic) | 269.80 | 269.80 | 212.94 | 306.18 | 365.83 | 487.77 |
| EPS (Diluted) | 269.68 | 269.68 | 193.93 | 258.29 | 321.51 | 437.48 |
| Free Cash Flow | 8.46B | 8.46B | 135.69B | 6.55B | 93.76B | 142.45B |
| Free Cash Flow Per Share | 12.88 | 12.88 | 204.97 | 9.33 | 136.88 | 209.79 |
| Dividend Per Share | 103.88 | 125.82 | 59.25 | |||
| Gross Margin | 40.60% | 40.60% | 39.46% | 42.40% | 39.17% | 25.11% |
| Operating Margin | 16.51% | 16.51% | 16.63% | 22.82% | 12.07% | 1.71% |
| Profit Margin | 12.85% | 12.85% | 10.52% | 14.15% | 22.33% | 38.69% |
| Free Cash Flow Margin | 0.61% | 0.61% | 11.11% | 0.51% | 9.51% | 18.55% |
| EBITDA | 243.29B | 243.29B | 217.08B | 312.04B | 132.98B | 23.01B |
| EBITDA Margin | 17.64% | 17.64% | 17.78% | 24.36% | 13.48% | 3.00% |
| D&A For EBITDA | 15.62B | 15.62B | 14.07B | 19.68B | 13.92B | 9.89B |
| EBIT | 227.67B | 227.67B | 203.01B | 292.35B | 119.06B | 13.12B |
| EBIT Margin | 16.51% | 16.51% | 16.63% | 22.82% | 12.07% | 1.71% |
| Effective Tax Rate | 23.94% | 23.94% | 24.05% | 3.04% |
Balance sheet
Fiscal year July - June; amounts in ARS.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 284.46B | 284.46B | 335.01B | 159.82B | 201.69B | 75.26B |
| Short-Term Investments | 504.92B | 504.92B | 302.10B | 203.70B | 226.99B | 41.13B |
| Cash & Short-Term Investments | 789.38B | 789.38B | 637.11B | 363.52B | 428.67B | 116.39B |
| Accounts Receivable | 605.85B | 605.85B | 591.41B | 364.81B | 403.10B | 71.82B |
| Other Receivables | 1.73B | 1.73B | 1.62B | 3.21B | 5.92B | 121.00M |
| Receivables | 607.58B | 607.58B | 593.03B | 368.02B | 409.03B | 71.94B |
| Inventory | 420.40B | 420.40B | 425.73B | 243.95B | 243.74B | 49.21B |
| Other Current Assets | 6.67B | 6.67B | 9.06B | 9.38B | 31.92B | 6.04B |
| Total Current Assets | 1.82T | 1.82T | 1.66T | 984.87B | 1.11T | 243.58B |
| Property, Plant & Equipment | 1.16T | 1.16T | 1.17T | 862.30B | 899.21B | 155.86B |
| Long-Term Investments | 306.23B | 306.23B | 287.62B | 206.21B | 216.24B | 40.49B |
| Goodwill | 13.04B | 13.04B | 8.89B | 6.71B | 6.81B | 1.30B |
| Other Intangible Assets | 28.40B | 28.40B | 29.17B | 94.34B | 44.82B | 7.93B |
| Long-Term Accounts Receivable | 153.98B | 153.98B | 234.68B | 197.53B | 174.62B | 31.89B |
| Long-Term Deferred Tax Assets | 24.22B | 24.22B | 17.20B | 13.60B | 7.40B | 140.00M |
| Other Long-Term Assets | 3.73T | 3.73T | 3.38T | 2.48T | 3.08T | 659.72B |
| Total Assets | 7.24T | 7.24T | 6.80T | 4.84T | 5.54T | 1.14T |
| Accounts Payable | 499.80B | 499.80B | 441.40B | 348.62B | 416.56B | 66.66B |
| Accrued Expenses | 51.26B | 51.26B | 50.84B | 28.14B | 35.19B | 5.32B |
| Short-Term Debt | 30.30B | 30.30B | 19.28B | 46.22B | 30.11B | |
| Current Portion of Long-Term Debt | 534.84B | 534.84B | 696.22B | 437.49B | 531.98B | 175.26B |
| Current Portion of Leases | 49.68B | 49.68B | 42.55B | 25.84B | 30.19B | 4.93B |
| Current Income Taxes Payable | 70.43B | 70.43B | 75.78B | 9.34B | 8.56B | 33.26B |
| Other Current Liabilities | 8.80B | 8.80B | 11.79B | 23.34B | 10.94B | 2.60B |
| Total Current Liabilities | 1.25T | 1.25T | 1.34T | 919.00B | 1.03T | 318.15B |
| Long-Term Debt | 1.46T | 1.46T | 1.08T | 663.07B | 825.42B | 99.52B |
| Long-Term Leases | 111.48B | 111.48B | 118.12B | 85.38B | 92.38B | 15.22B |
| Long-Term Deferred Tax Liabilities | 1.14T | 1.14T | 1.15T | 889.73B | 1.00T | 250.61B |
| Other Long-Term Liabilities | 133.11B | 133.11B | 152.11B | 106.79B | 98.97B | 11.62B |
| Total Liabilities | 4.09T | 4.09T | 3.84T | 2.66T | 3.05T | 695.11B |
| Common Stock | 707.00M | 707.00M | 607.00M | 594.00M | 586.00M | 590.00M |
| Additional Paid-In Capital | 552.90B | 552.90B | 487.01B | 352.48B | 349.74B | 67.79B |
| Retained Earnings | 222.20B | 222.20B | 165.58B | 121.62B | 202.91B | 48.10B |
| Treasury Stock | -795.00M | |||||
| Comprehensive Income & Other | 679.13B | 679.13B | 643.00B | 493.85B | 524.13B | 61.74B |
| Total Common Equity | 1.45T | 1.45T | 1.30T | 968.54B | 1.08T | 177.43B |
| Minority Interest | 1.70T | 1.70T | 1.66T | 1.21T | 1.41T | 268.37B |
| Shareholders' Equity | 3.15T | 3.15T | 2.96T | 2.18T | 2.49T | 445.80B |
| Total Liabilities & Equity | 7.24T | 7.24T | 6.80T | 4.84T | 5.54T | 1.14T |
| Total Debt | 2.18T | 2.18T | 1.95T | 1.26T | 1.48T | 325.05B |
| Net Cash (Debt) | -1.39T | -1.39T | -1.32T | -894.48B | -1.05T | -208.66B |
| Net Cash Per Share | -2,122.61 | -2,122.61 | -1,989.80 | -1,274.19 | -1,534.74 | -307.30 |
| Filing Date Shares Outstanding | 707.00M | 707.00M | 607.00M | 596.67M | 586.11M | 609.00M |
| Total Common Shares Outstanding | 707.00M | 707.00M | 607.00M | 594.39M | 586.05M | 609.00M |
| Working Capital | 578.92B | 578.92B | 327.08B | 65.86B | 79.94B | -74.57B |
| Book Value Per Share | 2,057.90 | 2,057.90 | 2,135.41 | 1,629.47 | 1,838.37 | 265.94 |
| Tangible Book Value | 1.41T | 1.41T | 1.26T | 867.48B | 1.03T | 168.20B |
| Tangible Book Value Per Share | 1,999.28 | 1,999.28 | 2,072.71 | 1,459.45 | 1,750.27 | 252.11 |
| Land | 103.21B | |||||
| Buildings | 212.87B | 212.87B | 220.41B | 157.65B | 167.56B | 37.01B |
| Machinery | 203.22B | 203.22B | 186.74B | 125.19B | 109.65B | 10.47B |
Cash flow statement
Fiscal year July - June; amounts in ARS.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 177.26B | 177.26B | 128.40B | 181.26B | 220.23B | 297.05B |
| Depreciation & Amortization | 20.18B | 20.18B | 17.79B | 19.68B | 13.92B | 9.89B |
| Other Amortization | 3.72B | 3.72B | 3.90B | |||
| Loss (Gain) From Sale of Assets | -2.42B | -2.42B | -26.67B | -101.66B | -89.83B | -44.15B |
| Asset Writedown & Restructuring Costs | -115.46B | -115.46B | -108.09B | 604.41B | 232.08B | -282.43B |
| Loss (Gain) From Sale of Investments | -3.69B | 2.54B | ||||
| Loss (Gain) on Equity Investments | -39.45B | -39.45B | -35.91B | -61.36B | -8.18B | 1.56B |
| Other Operating Activities | 150.00B | 150.00B | 310.54B | -416.97B | -149.43B | 36.30B |
| Change in Accounts Receivable | -62.11B | -62.11B | -28.70B | 186.55B | 59.20B | 36.67B |
| Change in Inventory | -29.49B | -29.49B | 69.80B | 76.32B | 104.19B | 188.80B |
| Change in Accounts Payable | -7.94B | -7.94B | -128.58B | -312.56B | -177.63B | -53.05B |
| Change in Other Net Operating Assets | -31.36B | -31.36B | -2.02B | -25.73B | -16.52B | -15.98B |
| Operating Cash Flow | 62.94B | 62.94B | 196.76B | 152.49B | 188.03B | 174.66B |
| Capital Expenditures | -54.48B | -54.48B | -61.07B | -145.94B | -94.27B | -32.22B |
| Sale of Property, Plant & Equipment | 54.83B | 54.83B | 37.31B | 145.35B | 92.42B | 23.02B |
| Cash Acquisitions | -2.36B | -2.36B | -234.00M | -457.00M | ||
| Sale (Purchase) of Intangibles | -2.53B | -2.53B | -3.68B | -4.01B | -1.91B | -873.00M |
| Sale (Purchase) of Real Estate | -82.82B | -82.82B | -42.12B | 42.72B | 86.71B | 158.93B |
| Investment in Securities | -280.63B | -280.63B | -81.89B | 67.26B | -16.51B | -77.86B |
| Other Investing Activities | 62.59B | 62.59B | 42.29B | 63.88B | 8.23B | 29.10B |
| Investing Cash Flow | -306.52B | -306.52B | -107.59B | 172.36B | 77.26B | 103.27B |
| Short-Term Debt Issued | 13.90B | 13.90B | 60.60B | 21.67B | 18.57B | |
| Long-Term Debt Issued | 1.10T | 1.10T | 932.15B | 565.78B | 543.60B | 226.50B |
| Total Debt Issued | 1.12T | 1.12T | 932.15B | 626.38B | 565.27B | 245.07B |
| Short-Term Debt Repaid | -14.96B | |||||
| Long-Term Debt Repaid | -737.93B | -737.93B | -459.00B | -540.89B | -572.84B | -345.92B |
| Lease Payments | -8.39B | |||||
| Total Debt Repaid | -737.93B | -737.93B | -473.96B | -540.89B | -572.84B | -345.92B |
| Net Debt Issued (Repaid) | 378.37B | 378.37B | 458.19B | 85.49B | -7.57B | -100.85B |
| Issuance of Common Stock | 47.11B | 47.11B | 21.07B | 5.84B | 1.00B | 673.00M |
| Repurchase of Common Stock | -28.00M | -28.00M | -21.98B | -24.56B | -35.64B | -1.20B |
| Common Dividends Paid | -105.79B | -105.79B | -116.76B | -230.11B | -227.19B | -66.59B |
| Other Financing Activities | -130.01B | -130.01B | -220.11B | -249.67B | -202.33B | -128.51B |
| Financing Cash Flow | 189.64B | 189.64B | 120.42B | -413.01B | -471.73B | -296.48B |
| Foreign Exchange Rate Adjustments | 3.39B | 3.39B | -88.02B | 32.26B | 18.28B | |
| Miscellaneous Cash Flow Adjustments | -63.41B | |||||
| Net Cash Flow | -50.55B | -50.55B | 121.57B | -55.90B | -188.16B | -81.95B |
| Free Cash Flow | 8.46B | 8.46B | 135.69B | 6.55B | 93.76B | 142.45B |
| Free Cash Flow Margin | 0.61% | 0.61% | 11.11% | 0.51% | 9.51% | 18.55% |
| Free Cash Flow Per Share | 12.88 | 12.88 | 204.97 | 9.33 | 136.88 | 209.79 |
| Levered Free Cash Flow | 40.97B | 40.97B | -220.15B | -31.53B | -274.65B | -75.84B |
| Unlevered Free Cash Flow | 152.84B | 152.84B | -152.29B | 53.99B | -201.93B | -5.42B |
| Free Cash Flow After Leases | 8.46B | 8.46B | 135.69B | 6.55B | 93.76B | 134.06B |
| Cash Interest Paid | 131.72B | 131.72B | 119.31B | 235.05B | 177.50B | 129.84B |
| Cash Income Tax Paid | 128.14B | 128.14B | 11.21B | 15.77B | 29.96B | 9.83B |
| Change in Working Capital | -130.89B | -130.89B | -89.49B | -75.42B | -30.76B | 156.44B |
Ratios
Fiscal year July - June; amounts in ARS.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 746.89M | 840.67M | 662.90M | 726.53M | 895.89M | 593.90M |
| Enterprise Value | 2.75B | 2.73B | 2.32B | 2.21B | 2.39B | 2.23B |
| Last Close Price | 9.90 | 10.51 | 9.33 | 6.80 | 5.88 | 3.57 |
| PE Ratio | 5.67 | 7.03 | 6.15 | 3.66 | 1.04 | 0.25 |
| PS Ratio | 0.80 | 0.90 | 0.65 | 0.52 | 0.23 | 0.10 |
| PB Ratio | 0.35 | 0.40 | 0.27 | 0.30 | 0.09 | 0.17 |
| P/TBV Ratio | 0.78 | 0.88 | 0.63 | 0.76 | 0.22 | 0.44 |
| P/FCF Ratio | 136.44 | 147.23 | 5.82 | 101.20 | 2.45 | 0.52 |
| P/OCF Ratio | 18.34 | 19.79 | 4.01 | 4.34 | 1.22 | 0.43 |
| EV/Sales Ratio | 2.95 | 2.93 | 2.26 | 1.57 | 0.62 | 0.36 |
| EV/EBITDA Ratio | 16.75 | 16.61 | 12.73 | 6.47 | 4.62 | 12.11 |
| EV/EBIT Ratio | 17.90 | 17.75 | 13.61 | 6.90 | 5.16 | 21.24 |
| EV/FCF Ratio | 502.55 | 477.59 | 20.36 | 308.19 | 6.55 | 1.96 |
| Debt / Equity Ratio | 0.69 | 0.69 | 0.66 | 0.58 | 0.59 | 0.73 |
| Debt / EBITDA Ratio | 8.81 | 8.81 | 8.85 | 4.03 | 11.13 | 14.13 |
| Debt / FCF Ratio | 258.18 | 258.18 | 14.40 | 192.15 | 15.79 | 2.28 |
| Net Debt / Equity Ratio | 0.44 | 0.44 | 0.45 | 0.41 | 0.42 | 0.47 |
| Net Debt / EBITDA Ratio | 5.73 | 5.73 | 6.07 | 2.87 | 7.91 | 9.07 |
| Net Debt / FCF Ratio | 164.86 | 164.86 | 9.71 | 136.62 | 11.21 | 1.47 |
| Asset Turnover | 0.20 | 0.20 | 0.21 | 0.25 | 0.29 | 0.91 |
| Inventory Turnover | 1.94 | 1.94 | 2.21 | 3.03 | 4.10 | 14.76 |
| Quick Ratio | 1.12 | 1.12 | 0.92 | 0.80 | 0.81 | 0.59 |
| Current Ratio | 1.47 | 1.47 | 1.24 | 1.07 | 1.08 | 0.77 |
| Return on Equity (ROE) | 12.18% | 12.18% | 11.67% | 9.38% | 26.70% | 162.92% |
| Return on Assets (ROA) | 2.03% | 2.03% | 2.18% | 3.52% | 2.23% | 0.97% |
| Return on Invested Capital (ROIC) | 4.00% | 3.92% | 4.20% | 8.85% | 5.68% | 2.58% |
| Return on Capital Employed (ROCE) | 3.80% | 3.80% | 3.70% | 7.50% | 2.60% | 1.60% |
| Earnings Yield | 17.63% | 14.23% | 16.25% | 27.36% | 95.78% | 399.45% |
| FCF Yield | 0.73% | 0.68% | 17.18% | 0.99% | 40.77% | 191.55% |
| Dividend Yield | 6.84% | 7.98% | 11.29% | 15.10% | ||
| Payout Ratio | 38.61% | 59.68% | 90.94% | 126.95% | 103.16% | 22.42% |
| Buyback Yield / Dilution | 0.76% | 0.76% | 5.70% | -2.48% | -0.88% | -24.82% |
| Total Shareholder Return | 7.59% | 0.76% | 13.68% | 8.80% | 14.22% | -24.82% |