Banco Macro SA (BMAN) Ratios
Banco Macro SA Ratios
MX:BMAN's free cash flow for Q2 2026 was $575.25B. For the 2026 fiscal year, MX:BMAN's free cash flow was decreased by $-38.17B and operating cash flow was $613.42B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 40.09 | 0.51 | 0.57 | 0.39 | 0.40 |
| Quick Ratio | 40.09 | 0.51 | 0.57 | 0.39 | 0.40 |
| Cash Ratio | 40.09 | 0.33 | 0.36 | 0.19 | 0.29 |
| Solvency Ratio | 0.03 | 0.04 | 0.14 | 0.07 | 0.12 |
| Operating Cash Flow Ratio | 0.02 | 0.11 | -0.01 | 0.40 | 0.24 |
| Short-Term Operating Cash Flow Coverage | 0.02 | 48.46 | -1.66 | 0.00 | 0.00 |
| Net Current Asset Value | $ -14.42T | $ -6.16T | $ -5.95T | $ -3.34T | $ -1.02T |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.07 | 0.03 | 0.06 | 0.04 | 0.05 |
| Debt-to-Equity Ratio | 0.29 | 0.11 | 0.21 | 0.15 | 0.19 |
| Debt-to-Capital Ratio | 0.23 | 0.10 | 0.17 | 0.13 | 0.16 |
| Long-Term Debt-to-Capital Ratio | 0.22 | 0.10 | 0.16 | 0.13 | 0.16 |
| Financial Leverage Ratio | 4.44 | 3.58 | 3.30 | 4.08 | 4.17 |
| Debt Service Coverage Ratio | 0.22 | 0.24 | 0.39 | 0.15 | 0.32 |
| Interest Coverage Ratio | 0.26 | 0.19 | 0.53 | 0.19 | 0.25 |
| Debt to Market Cap | 0.18 | 0.07 | 487.35 | 221.99 | 97.71 |
| Interest Debt Per Share | 59196.86 | 37660.11 | 69845.46 | 36442.62 | 10392.63 |
| Net Debt to EBITDA | -2.65 | -4.64 | -0.89 | -1.20 | -1.30 |
| Profitability Margins | |||||
| Gross Profit Margin | 50.54% | 68.28% | 62.33% | 60.20% | 65.33% |
| EBIT Margin | 10.25% | 5.57% | 19.43% | 7.47% | 8.58% |
| EBITDA Margin | 13.32% | 7.71% | 20.73% | 8.35% | 11.12% |
| Operating Profit Margin | 10.24% | 5.57% | 19.43% | 7.47% | 8.58% |
| Pretax Profit Margin | 10.25% | 5.57% | 19.43% | 7.47% | 8.58% |
| Net Profit Margin | 5.80% | 5.04% | 13.08% | 5.15% | 8.15% |
| Continuous Operations Profit Margin | 5.83% | 5.05% | 13.08% | 5.15% | 8.15% |
| Net Income Per EBT | 56.60% | 90.41% | 67.31% | 68.93% | 95.07% |
| EBT Per EBIT | 100.05% | 100.00% | 100.00% | 100.00% | 100.00% |
| Return on Assets (ROA) | 1.45% | 2.25% | 8.66% | 4.25% | 7.13% |
| Return on Equity (ROE) | 6.45% | 8.04% | 28.56% | 17.33% | 29.73% |
| Return on Capital Employed (ROCE) | 2.57% | 5.99% | 26.26% | 16.22% | 18.33% |
| Return on Invested Capital (ROIC) | 1.47% | 5.41% | 17.56% | 11.18% | 17.42% |
| Return on Tangible Assets | -0.21% | 2.27% | 8.76% | 4.28% | 7.19% |
| Earnings Yield | 4.03% | 5.11% | 69066.98% | 26330.82% | 15477.04% |
| Efficiency Ratios | |||||
| Receivables Turnover | 0.00 | 6.24 | 11.24 | 2884.51 | 13.79 |
| Payables Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 5.57 | 8.20 | 12.48 | 16.93 | 16.52 |
| Asset Turnover | 0.25 | 0.45 | 0.66 | 0.83 | 0.87 |
| Working Capital Turnover Ratio | -16.62 | -1.74 | -3.41 | -3.41 | -2.90 |
| Cash Conversion Cycle | 0.00 | 58.45 | 32.47 | 0.13 | 26.47 |
| Days of Sales Outstanding | 0.00 | 58.45 | 32.47 | 0.13 | 26.47 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Cycle | 0.00 | 58.45 | 32.47 | 0.13 | 26.47 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 26.62 | 14366.15 | -1332.93 | 25214.52 | 4250.28 |
| Free Cash Flow Per Share | 24.46 | 12418.80 | -2225.51 | 24029.77 | 3596.40 |
| Dividend Paid and CapEx Coverage Ratio | 0.01 | 1.55 | -1.49 | 11.92 | 6.50 |
| Capital Expenditure Coverage Ratio | 12.33 | 7.38 | -1.49 | 21.28 | 6.50 |
| Operating Cash Flow Coverage Ratio | 0.00 | 1.97 | -0.09 | 6.74 | 3.01 |
| Operating Cash Flow to Sales Ratio | 0.00 | 0.14 | -0.01 | 0.30 | 0.16 |
| Free Cash Flow Yield | 0.02% | 12.46% | -7754.40% | 146344.54% | 25651.92% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 24.77 | 19.58 | 0.00 | 0.00 | 0.01 |
| Price-to-Sales (P/S) Ratio | 1.44 | 0.99 | 0.00 | 0.00 | 0.00 |
| Price-to-Book (P/B) Ratio | 1.60 | 1.57 | 0.00 | 0.00 | 0.00 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 5347.40 | 8.03 | -0.01 | 0.00 | 0.00 |
| Price-to-Operating Cash Flow Ratio | 4913.73 | 6.94 | -0.02 | 0.00 | 0.00 |
| Price-to-Earnings Growth (PEG) Ratio | 6.60 | -0.25 | 0.00 | 0.00 | -0.00 |
| Enterprise Value Multiple | 8.15 | 8.15 | -0.88 | -1.20 | -1.29 |
| Enterprise Value | 6.31T | 4.06T | -1.78T | -538.55B | -244.44B |
| EV to EBITDA | 8.15 | 8.15 | -0.88 | -1.20 | -1.29 |
| EV to Sales | 1.09 | 0.63 | -0.18 | -0.10 | -0.14 |
| EV to Free Cash Flow | 4036.02 | 5.12 | 12.49 | -0.35 | -1.06 |
| EV to Operating Cash Flow | 3708.70 | 4.42 | 20.86 | -0.33 | -0.90 |
| Tangible Book Value Per Share | -2777840.98 | 61044.06 | 66872.72 | 24097.28 | 7044.37 |
| Shareholders’ Equity Per Share | 81828.43 | 63325.00 | 69416.92 | 24942.50 | 7299.25 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.43 | 0.09 | 0.33 | 0.31 | 0.05 |
| Revenue Per Share | 90943.19 | 101096.45 | 151602.81 | 84000.65 | 26613.40 |
| Net Income Per Share | 5274.75 | 5090.64 | 19822.22 | 4323.52 | 2169.88 |
| Tax Burden | 0.57 | 0.90 | 0.67 | 0.69 | 0.95 |
| Interest Burden | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.27 | 0.16 | 0.09 | 0.06 | 0.20 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 0.01 | 7.11 | -87.67 | 67.06 | 1.86 |
Currency in ARS