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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUES      
Revenues: $ 4,470,162 $ 4,331,878 $ 3,618,902
Company-operated restaurant expenses:      
Food and paper (1,498,853) (1,457,720) (1,227,293)
Payroll and employee benefits (797,620) (790,042) (668,764)
Occupancy and other operating expenses         (1,238,220) (1,154,334) (967,690)
Royalty fees (265,382) (249,278) (194,522)
Franchised restaurants – occupancy expenses          (83,665) (83,359) (68,028)
General and administrative expenses (279,859) (285,000) (239,263)
Other operating income, net 17,952 1,894 11,080
Total operating costs and expenses (4,145,647) (4,017,839) (3,354,480)
Operating income 324,515 314,039 264,422
Net interest expense and other financing results (47,238) (32,275) (43,750)
Gain (loss) from derivative instruments 941 (13,183) (10,490)
Foreign currency exchange results (15,063) 10,774 16,501
Other non-operating expenses, net  (3,873) (1,238) (287)
Income before income taxes  259,282 278,117 226,396
Income tax expense, net (109,903) (95,702) (85,476)
Net income 149,379 182,415 140,920
Less: Net income attributable to non-controlling interests (620) (1,141) (577)
Net income attributable to Arcos Dorados Holdings Inc. $ 148,759 $ 181,274 $ 140,343
Earnings per share information:      
Basic net income (loss) per common share attributable to Arcos Dorados Holdings Inc. (in dollars per share) $ 0.71 $ 0.86 $ 0.67
Diluted net income (loss) per common share attributable to Arcos Dorados Holdings Inc. (in dollars per share) $ 0.71 $ 0.86 $ 0.67
Sales by Company-operated restaurants      
REVENUES      
Revenues: $ 4,266,748 $ 4,137,675 $ 3,457,491
Revenues from franchised restaurants      
REVENUES      
Revenues: $ 203,414 $ 194,203 $ 161,411