ARKO Corp. Financial Ratios — ARKO Stock

Profitability (USD)

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	10.53	24.03	24.7	10.28	5.46	6.25
Return on Assets (%)	- -	- -	0.6	2.08	2.32	1	0.57	0.64
Return on Capital (%)	- -	- -	- -	5.11	4.47	3.67	3.28	3.23
Return on Invested Capital (%)	- -	- -	- -	4.95	4.35	3.11	2.44	2.68
Gross Margin (%)	3.47	3.31	6.44	4.95	4.58	4.5	4.55	5.17
EBITDA Margin (%)	2.21	1.54	3.86	3.23	2.94	2.61	2.59	3.1
Operating Margin (%)	0.62	0.03	2	1.92	1.83	1.25	1.08	1.34
Incremental Operating Margin (%)	- -	- -	- -	1.81	1.44	- -	3.52	- -
Pretax Margin (%)	0.39	-0.98	0.76	0.96	1.18	0.5	0.31	0.38
Profit Margin (%)	0.27	-1.05	0.34	0.8	0.78	0.37	0.24	0.3
Net Income to Common Margin (%)	0.27	-1.05	0.34	0.72	0.72	0.3	0.17	0.22
Effective Tax Rate (%)	- -	- -	- -	16.41	33.04	26.01	22.87	21.89
Dvd Payout Ratio (%)	- -	- -	-0.33	0.29	16.39	49.19	92.85	80.16
Sustainable Growth Rate (%)	- -	- -	10.57	23.96	20.66	5.22	0.39	1.24

Credit (USD)

Credit Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	1,382	2,007	2,081	2,259	2,530	2,583	2,577
ST Debt	- -	144	98	98	75	93	96	128
LT Debt	- -	1,238	1,909	1,983	2,184	2,437	2,487	2,449
Total Debt/EBITDA	- -	21.68	12.97	8.7	8.4	10.3	11.41	10.89
Net Debt/EBITDA	- -	4.53	2.95	1.94	1.69	2.55	2.73	2.56
Total Debt/EBIT	- -	1,043.69	24.98	14.64	13.53	21.44	27.48	25.19
Net Debt/EBIT	- -	217.91	5.68	3.27	2.72	5.32	6.59	5.93
EBITDA to Interest Expense	3	1.47	2.99	3.22	4.29	2.68	2.32	2.55
EBITDA-CapEx/Interest Expense	1.27	0.13	2.13	0.17	2.72	1.47	1.15	1.18
EBIT to Interest Expense	0.85	0.03	1.55	1.91	2.67	1.29	0.96	1.1
Interest Expense	30	43	52	74	63	92	98	93
Common Equity/Total Assets	- -	3.56	6.99	8.61	8.63	7.56	7.65	7.56
Long-Term Debt/Equity (%)	- -	635.08	655.05	560.61	573.39	647.86	660.02	666.94
Long-Term Debt/Capital (%)	- -	78.5	83.07	81.45	82.73	83.86	84.03	83.18
Long-Term Debt/Total Assets (%)	- -	67	69.67	67.39	67.09	66.75	68.7	69.29
Total Debt/Equity (%)	- -	709.04	688.57	588.33	593.07	672.59	685.51	701.81
Total Debt/Capital (%)	- -	87.64	87.32	85.47	85.57	87.06	87.27	87.53
Total Debt/Total Assets (%)	- -	74.8	73.24	70.72	69.4	69.3	71.35	72.91
Net Debt to Equity	- -	148.04	156.52	131.44	119.05	166.79	164.31	165.33
Net Debt/Capital (%)	- -	18.68	22.76	21.3	19.37	23.34	22.95	23
EBITDA	90	64	155	239	269	246	226	237
EBITDA-CapEx	38	5	110	13	170	134	113	109
Operating Income (Loss)	25	1	80	142	167	118	94	102

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	0.09	0.76	0.76	0.67	0.46	0.6	0.72
Current Ratio	- -	0.85	1.57	1.67	1.67	1.54	1.62	1.66
Quick Ratio	- -	0.27	1	1.05	1.04	0.87	0.93	1.06
CFO/Avg Current Liab	- -	- -	0.48	0.4	0.49	0.29	0.48	0.44
Common Equity/Total Assets	- -	3.56	6.99	8.61	8.63	7.56	7.65	7.56
Long-Term Debt/Equity (%)	- -	635.08	655.05	560.61	573.39	647.86	660.02	666.94
Long-Term Debt/Capital (%)	- -	78.5	83.07	81.45	82.73	83.86	84.03	83.18
Long-Term Debt/Total Assets (%)	- -	67	69.67	67.39	67.09	66.75	68.7	69.29
Total Debt/Equity (%)	- -	709.04	688.57	588.33	593.07	672.59	685.51	701.81
Total Debt/Capital (%)	- -	87.64	87.32	85.47	85.57	87.06	87.27	87.53
Total Debt/Total Assets (%)	- -	74.8	73.24	70.72	69.4	69.3	71.35	72.91
CFO/Total Liabilities	- -	2.62	7.1	6.15	7.28	4.16	6.84	6.08
CFO/CapEx	1.13	0.74	3.89	0.7	2.12	1.22	1.95	1.51
Altman's Z-Score	- -	2.83	2.19	3.48	3.8	3.44	3.17	2.85

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	114.37	135.75	101.32	74.45	75.74	83.46
Days Sales Outstanding	- -	- -	3.19	2.69	3.6	4.9	4.82	4.37
Inventory Turnover	- -	- -	23.34	39	41.57	38.05	34.6	34.36
Days Inventory Outstanding	- -	- -	15.64	9.36	8.78	9.59	10.55	10.62
Accounts Payable Turnover	- -	- -	26.41	43.11	44.83	41.84	41.18	41.56
Accounts Payable Turnover Days	- -	- -	13.82	8.47	8.14	8.72	8.86	8.78
Cash Conversion Cycle	- -	- -	5.01	3.58	4.24	5.77	6.51	6.22
Inventory to Cash Days	- -	- -	-12.44	-6.67	-5.18	-4.69	-5.73	-6.25
Inventories	- -	158	164	198	222	251	231	191
Raw Materials	- -	42	38	63	80	92	81	64
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	109	118	126	132	148	139	116
Other Inventory	- -	7	7	9	10	11	11	10

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	1,248	1,117	1,091	1,040	958	763	503
- Cash & Cash Equivalents	- -	32	294	252	299	218	262	305
+ Preferred Equity and Hybrid Capital	- -	- -	100	100	100	100	100	100
+ Minority/Non Controlling Interest	- -	129	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	1,382	2,007	2,081	2,259	2,530	2,583	2,577
Enterprise Value	- -	2,726	2,930	2,961	3,098	3,366	3,179	2,869
Total Capital	- -	1,577	2,298	2,434	2,640	2,906	2,960	2,945
Total Debt/Capital (%)	- -	87.64	87.32	85.47	85.57	87.06	87.27	87.53
Total Debt / EV	- -	0.51	0.68	0.7	0.73	0.75	0.81	0.9
EV/Sales	- -	0.66	0.73	0.4	0.34	0.36	0.36	0.38
EV/EBITDA	- -	42.78	18.94	12.38	11.53	13.71	14.04	12.12
EV/EBIT	- -	2,059.28	36.48	20.84	18.55	28.52	33.81	28.05
EV/Cash Flow to Firm	- -	- -	- -	13.39	12.33	16.52	10.7	10.82
EV/Free Cash Flow to Firm	- -	- -	- -	- -	20.33	36.35	17.34	20.83
Diluted Market Cap	- -	670	640	1,100	1,067	987	771	522
Diluted Enterprise Value	- -	2,149	2,452	2,970	3,125	3,394	3,187	2,888
EV per Share	- -	21.96	23.6	23.8	25.8	28.98	27.46	25.88
TTM Sales	4,065	4,129	4,010	7,417	9,143	9,413	8,732	7,643
TTM EBITDA	90	64	155	239	269	246	226	237
TTM Operating Income	25	1	80	142	167	118	94	102
TTM Cash Flow to Firm	- -	- -	- -	221	251	204	297	265
TTM Free Cash Flow to Firm	- -	- -	- -	-5	152	93	183	138

Multiples (USD)

Valuation Multiples API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	-44.8	4.95	-16.36	9.66	39.65	7.14	8
EV/EBIT	- -	2,059.28	36.48	20.84	18.55	28.52	33.81	28.05
Enterprise Value	- -	2,726	2,930	2,961	3,098	3,366	3,179	2,869
Low Price	- -	9.82	7.62	7.32	7.45	6.7	4.09	3.51
EV/Sales	- -	0.66	0.73	0.4	0.34	0.36	0.36	0.38
EV/EBITDA	- -	42.78	18.94	12.38	11.53	13.71	14.04	12.12
Price/Earnings	- -	- -	47.2	20.41	15.94	34.24	50.7	30.27
Price/Earnings Average	- -	- -	52.58	22.16	16.53	32.95	49.72	32.29
Price/Earnings High	- -	- -	59.1	26.53	19.9	37.77	64.78	52.28
Price/Earnings Low	- -	- -	39.98	17.03	13.71	27.81	31.47	23.4
Price/Book Value	- -	18.97	5.83	4.31	3.7	3.47	2.76	1.88
Price/Book Value Average	- -	18.74	6.5	4.68	3.84	3.34	2.7	2.01
Price/Book Value High	- -	18.99	7.3	5.6	4.62	3.83	3.52	3.25
Price/Book Value Low	- -	18.53	4.94	3.59	3.19	2.82	1.71	1.46
Price/Tangible Book Value	- -	-13.39	-5.57	-8.38	-7.78	-4.16	-3.71	-2.61
Price/Tangible Book Value Average	- -	-13.23	-6.21	-9.1	-8.07	-4	-3.64	-2.78
Price/Tangible Book Value High	- -	-13.41	-6.98	-10.9	-9.72	-4.58	-4.74	-4.51
Price/Tangible Book Value Low	- -	-13.09	-4.72	-7	-6.7	-3.37	-2.3	-2.02
Price/Sales	- -	0.16	0.16	0.15	0.12	0.1	0.09	0.07
Price/Sales Average	- -	0.16	0.18	0.16	0.12	0.1	0.09	0.07
Price/Sales High	- -	0.16	0.2	0.19	0.14	0.11	0.11	0.12
Price/Sales Low	- -	0.16	0.14	0.12	0.1	0.08	0.05	0.05
Price/Cash Flow	- -	15.48	3.68	6.85	5.03	7.2	3.45	2.67
Price/Cash Flow Average	- -	15.3	4.1	7.44	5.21	6.93	3.38	2.85
Price/Cash Flow High	- -	15.5	4.61	8.91	6.28	7.94	4.41	4.61
Price/Cash Flow Low	- -	15.13	3.12	5.72	4.32	5.85	2.14	2.07
Price/Free Cash Flow Average	- -	-44.27	5.52	-17.76	10.01	38.16	7	8.54
Price/Free Cash Flow High	- -	-44.84	6.2	-21.26	12.06	43.74	9.12	13.82
Price/Free Cash Flow Low	- -	-43.77	4.19	-13.65	8.31	32.2	4.43	6.19
EV/Sales Average	- -	0.66	0.76	0.41	0.34	0.35	0.36	0.38
EV/Sales High	- -	0.66	0.8	0.44	0.37	0.37	0.39	0.42
EV/Sales Low	- -	0.65	0.69	0.37	0.32	0.34	0.33	0.36
EV/EBITDA Average	- -	42.55	19.76	12.77	11.67	13.56	13.98	12.26
EV/EBITDA High	- -	42.8	20.76	13.74	12.49	14.11	14.98	13.66
EV/EBITDA Low	- -	42.33	17.83	11.62	10.99	12.97	12.76	11.64
EV/EBIT Average	- -	2,048.06	38.07	21.5	18.78	28.22	33.66	28.37
EV/EBIT High	- -	2,060.13	39.99	23.15	20.09	29.36	36.07	31.62
EV/EBIT Low	- -	2,037.62	34.35	19.57	17.68	27	30.73	26.93
Last Price	- -	10.05	9	8.77	8.66	8.25	6.59	4.54
High Price	- -	10.06	11.27	11.4	10.81	9.1	8.42	7.84
Enterprise Value Average	- -	2,712	3,057	3,055	3,136	3,330	3,165	2,903
Enterprise Value High	- -	2,728	3,212	3,289	3,356	3,465	3,391	3,235
Enterprise Value Low	- -	2,698	2,759	2,781	2,953	3,186	2,890	2,755

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	128	124	124	124	120	116	116	111
Diluted Weighted Avg Shares	69	67	71	125	123	120	117	115
Basic Weighted Avg Shares	69	67	71	124	121	119	116	113
Revenue per Share	58.72	61.9	56.42	59.62	75.26	79.24	75.19	67.46
EBITDA per Share	1.3	0.96	2.18	1.92	2.21	2.07	1.95	2.09
Operating Income per Share	0.37	0.02	1.13	1.14	1.37	0.99	0.81	0.9
Basic EPS, GAAP	0.16	-0.65	0.19	0.43	0.54	0.24	0.13	0.15
Basic EPS from Cont Ops	0.34	-0.71	0.43	0.48	0.59	0.29	0.18	0.2
Diluted EPS, GAAP	0.16	-0.65	0.19	0.43	0.54	0.24	0.13	0.15
Diluted EPS from Cont Ops	0.34	-0.71	0.43	0.47	0.58	0.29	0.18	0.2
Dividend per Share	- -	- -	- -	0.05	0.14	0.17	0.17	0.17
Cash Flow per Share	0.85	0.65	2.45	1.28	1.72	1.15	1.91	1.7
Free Cash Flow per Basic Share	0.1	-0.22	1.82	-0.54	0.91	0.21	0.93	0.58
Cash & Equivalents per Share	- -	0.26	2.37	2.5	2.51	1.91	2.31	2.81
Book Value per Share	- -	0.53	1.54	2.04	2.34	2.38	2.39	2.41
Tangible Book Value per Share	- -	-0.75	-1.62	-1.05	-1.11	-1.99	-1.77	-1.74