Compañía Cervecerías Unidas S.A. (CCU) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 180.72B | 117.15B | 15.89B | -32.26B | 130.43B | 154.16B | 46.67B | -34.6B | 121.28B | 88.42B | 58.61B | 53.45B | 93.62B | 67.81B | -20.51B | -52.24B | 50.88B | 90.96B | 50.72B | 40.82B |
| Operating CF Margin % | 22.05% | 13.73% | 2.41% | -5.56% | 15.95% | 15.92% | 7.01% | -6.59% | 16.26% | 15.44% | 8.54% | 9.31% | 12.79% | 8.83% | -3% | -9.35% | 7.26% | 11.06% | 8.14% | 8.69% |
| Operating CF Growth % | 38.56% | -24.01% | -65.96% | 6.75% | 7.54% | 74.36% | -20.37% | -164.73% | 29.54% | 30.39% | 385.7% | 202.32% | 84.02% | -25.45% | -140.44% | -227.96% | -54.1% | 39126.55% | -29.21% | 190.23% |
| Net Income | 55.85B | 53.32B | 15.56B | -11.22B | 57.78B | 74.15B | 29.55B | 5.04B | 52.2B | 41.73B | 9.5B | -3.94B | 58.37B | 46.85B | 17.23B | -10.46B | 64.54B | 73.64B | 42.17B | 18.97B |
| Depreciation & Amortization | 41.34B | 39.96B | 37.39B | 45.28B | 39.7B | 45.31B | 36.35B | 71.53B | 0 | 25.52B | 35.27B | 34.17B | 31.15B | 29.15B | 34.08B | 34.14B | 29.23B | 40.75B | 30.01B | 26.91B |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 83.54B | 23.87B | -37.05B | -66.32B | 32.95B | 34.7B | -19.23B | -111.16B | 69.08B | 21.17B | 13.84B | 23.22B | 4.1B | -8.19B | -71.82B | -75.92B | -42.9B | -23.43B | -21.46B | -5.05B |
| Working Capital Changes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -50B | -44.19B | -51.61B | -37.4B | -28.08B | -40.29B | -32.73B | 8.7B | -53.98B | -26.18B | -51.16B | -35.15B | -24.74B | -61.29B | -71.87B | -78.07B | -25.23B | -66.51B | -41.71B | -40.69B |
| Capital Expenditures | -44B | -40.27B | -44.6B | -32.83B | -28.51B | -38.56B | -33.75B | -36.16B | -44.45B | -29.8B | -45.64B | -30.62B | -22.09B | -55.44B | -56.14B | -49.85B | -27.23B | -64.96B | -35.88B | -40.67B |
| CapEx % of Revenue | 5.37% | 4.72% | 6.77% | 5.66% | 3.49% | 3.98% | 5.07% | 6.89% | 5.96% | 5.2% | 6.65% | 5.33% | 3.02% | 7.22% | 8.21% | 8.93% | 3.89% | 7.9% | 5.76% | 8.65% |
| Acquisitions | -15.96M | 45.25M | 57.69M | 0 | 0 | -5.83M | -45.76M | -500M | 0 | -2.86B | 0 | -4.18B | -2B | -7.04B | -2.04B | -27.39B | 0 | 0 | -5.79B | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -314.42M | 36.01M | -4.57B | 431.13M | -1.72B | 1.06B | 45.37B | -9.53B | 5.02B | -5.51B | -352.54M | -652.82M | 1.19B | -13.68B | -831.21M | 2B | -1.55B | -39.12M | -26.07M |
| Cash from Financing | -42.63B | -29.01B | 14.33B | -178.88B | -10.16B | -57.86B | -22.73B | -4.37B | -40.07B | -59.11B | -19.06B | 7.67B | -47.54B | 21.56B | 77.27B | -46.64B | 484.92B | -138.42B | -3.4B | -88.12B |
| Debt Issued (Net) | -42.49B | 868.7M | 17.13B | -197.95B | -31.4B | -38.72B | -23.18B | -31.99B | -21.45B | -32.76B | -74.06B | 24.5B | -46.03B | 66.28B | 28.93B | 63.13B | 482.13B | 82.21B | -3.44B | -28.99B |
| Equity Issued (Net) | 3.43B | -2.49M | 1.43M | 0 | 0 | 928.97M | 453.61M | 0 | 0 | 0 | 0 | 1.41B | 0 | 0 | 0 | 1.65B | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | -26.42B | -1.82B | -48.14B | -29.18M | -40.04B | 0 | -41.75B | 0 | -29.28B | 0 | -32.99B | -3.32B | -44.73B | 220.99M | -111.42B | -2.4B | -217.18B | 0 | -56.19B |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -3.57B | -3.46B | -982.63M | 67.22B | 21.27B | 19.98B | 0 | 69.37B | -18.62B | 2.93B | 55B | 14.73B | 1.82B | 0 | 48.11B | 0 | 5.18B | -3.45B | 42.07M | -2.94B |
| Net Change in Cash | 72.75B | 51.65B | -27.92B | -260.17B | 64.31B | 107.84B | -37.26B | -55.85B | 74.23B | -8.37B | 35.51B | 18.71B | -24.77B | -38.4B | -8.51B | -98.08B | 476.51B | -116.95B | 7.53B | -92.68B |
| Free Cash Flow | 140.63B | 80.23B | -25.67B | -65.09B | 101.92B | 112.58B | 12.1B | -70.76B | 76.83B | 58.61B | 12.96B | 22.83B | 71.53B | 12.66B | -76.66B | -103.55B | 23.64B | 25.94B | 14.74B | 70.95M |
| FCF Margin % | 17.16% | 9.4% | -3.9% | -11.22% | 12.46% | 11.63% | 1.82% | -13.49% | 10.3% | 10.24% | 1.89% | 3.98% | 9.77% | 1.65% | -11.21% | -18.54% | 3.38% | 3.15% | 2.37% | 0.02% |
| FCF Growth % | 37.98% | -28.73% | -312.18% | 8.01% | 32.65% | 92.08% | -6.67% | -409.98% | 7.41% | 363.13% | 116.91% | 122.04% | 202.55% | -51.21% | -620.23% | -146055.46% | -71.41% | 12771.9% | -64.82% | 100.1% |
| FCF per Share | 761.20 | 434.28 | -138.95 | -352.33 | 551.66 | 609.38 | 65.49 | -383.00 | 415.88 | 317.25 | 70.17 | 123.56 | 387.19 | 68.50 | -414.92 | -560.50 | 127.98 | 140.41 | 79.76 | 0.38 |
| FCF Conversion (FCF/Net Income) | 3.36x | 2.13x | 1.03x | 2.88x | 2.26x | 2.08x | 1.58x | -6.86x | 2.32x | 2.12x | 6.17x | -13.55x | 1.60x | 1.45x | -1.19x | 5.00x | 0.79x | 1.24x | 1.20x | 2.15x |
| Interest Paid | 0 | 0 | 0 | 8.44B | 21.32B | 14.58B | 0 | 13.92B | 19.53B | 0 | 22.4B | 0 | 24.81B | 0 | 21.08B | 0 | 6.65B | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |