Becle, S.A.B. de C.V.

Becle, S.A.B. de C.V.

0.77
USD
+0.07
(+10.00%)
0.06EPS
13.61P/E
2.85BMarket Cap
Feb 25Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.43
4.27
5.16
6.81
7.4
7.84
8.28
9.74
10.98
12.73
12.35
12.24
12.01
10.47
Basic EPS, GAAP
0.43
0.74
1.48
0.88
1.48
1.12
1.04
1.43
1.4
1.63
1.31
1.1
2.41
1.05
Free Cash Flow per Basic Share
0.28
0.6
0.46
0.67
0.39
-0.33
0.04
0.03
-0.25
-1.52
-0.65
3.02
2.13
1.59
Dividend per Share
2.23
0.06
0.57
0.61
0.74
0.51
0.55
0.15
0.43
0.42
0.49
0.4
0.4
- -
Book Value per Share
4.14
5.01
6.6
7.82
13.07
13.34
13.4
15.22
16.25
16.24
16.01
18.58
19.55
19.42
Tangible Book Value per Share
2.4
3.25
2.16
2.86
8.16
7.47
7.75
9
8.56
9.31
9.76
11.16
12.6
12.6
Basic Weighted Avg Shares
3,583
3,583
3,583
3,583
3,509
3,594
3,586
3,599
3,591
3,591
3,591
3,591
3,588
3,591
Sales/Revenue/Turnover
12,305
15,314
18,475
24,396
25,958
28,158
29,705
35,036
39,419
45,729
44,355
43,962
43,087
37,600
Operating Margin (%)
20.31
22.54
25.57
22.39
26.72
19.9
17.68
19.41
17.93
19.36
14.24
17.68
19.45
15.58
Depreciation Expense
187
284
244
451
435
531
685
714
817
953
1,074
1,137
1,349
1,389
Net Income, GAAP
1,552
2,636
5,308
3,148
5,193
4,025
3,712
5,146
5,020
5,856
4,716
3,950
8,646
3,783
Effective Tax Rate (%)
38.99
30.42
30.32
32.86
12.72
21.64
27.77
24.83
27.13
28.55
23.5
24.14
27.03
28.31
Profit Margin (%)
12.61
17.21
28.73
12.9
20.01
14.29
12.5
14.69
12.73
12.81
10.63
8.98
20.07
10.06
Working Capital
6,507
9,279
11,020
15,269
31,495
26,164
24,963
22,919
26,002
23,982
26,288
25,969
27,780
27,320
LT Debt
40
2
8,490
10,207
9,781
9,745
11,047
11,751
20,335
19,919
26,252
25,255
20,292
20,093
Total Equity
14,845
17,991
23,647
28,052
46,985
47,872
48,592
54,745
58,443
58,423
57,639
66,795
70,293
69,802
Return on Invested Capital (%)
- -
13.77
12.78
10.85
12.46
7.62
6.64
8.15
7.08
8.01
5.84
6.54
7.55
4.63
Return on Capital (%)
- -
15.26
21.1
9.68
11.8
7.61
6.94
8.72
7.51
8.11
6.76
5.5
10.13
4.87
Return on Common Equity (%)
- -
16.08
25.52
12.18
13.86
8.5
7.71
9.97
8.88
10.04
8.14
6.36
12.63
5.51

Capital Structure

MXN

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
612
-18
385
LT Borrowings
19,017
18,416
18,835
LT Finance Leases
1,101
1,392
1,258
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,591
3,591
3,591
Market Capitalization
57,249
50,747
51,487

Working Capital

MXN

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
38,513
37,750
38,735
Cash, Cash Equivalents & STI
11,590
10,026
11,312
Accounts Receivable, Net
7,794
9,345
9,165
Inventories
14,764
14,007
13,274
Total Current Liabilities
11,513
11,424
11,415
Payables & Accruals
- -
- -
- -
ST Debt
612
-18
385
Deferred Revenue
- -
- -
- -

Growth Rates

MXN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.87%
5.3%
5.24%
Free Cash Flow
-139.95%
-216.21%
-29.58%
Net Income, GAAP
13.01%
19.48%
118.91%
Sales/Revenue/Turnover
9.3%
4.53%
-1.99%
Total Cash Common Dividend
11.05%
35.97%
0.45%

Quarterly Revenue

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,960
11,153
10,949
12,900
43,962
2025
9,628
11,462
- -
11,077
43,087
2026
7,405
9,865
9,253
- -
- -

Quarterly Earnings Per Share

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.28
0.14
0.25
0.43
1.1
2025
0.32
0.56
- -
0.38
2.41
2026
0.11
0.39
0.18
- -
- -

Quarterly Dividends Per Share

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.4
2025
- -
- -
- -
- -
0.4
2026
- -
- -
- -
- -
- -

Company Description

CEO
Juan Domingo Beckmann Legorreta
Full Time Employees
7,790
Sector
Consumer non-durables
Industry
Beverages: alcoholic
Address
Guillermo Gonzalez Camarena No. 800-4 Mexico City DF Mexico 01210
IPO Date
Feb 9, 2017
Business
Becle, S.A.B. de C.V. produces, bottles, markets, and distributes a broad portfolio of alcoholic and non-alcoholic beverages, including tequila, whiskey, rum, gin, vodka, and ready-to-drink products; core offerings encompass the Jose Cuervo family of tequilas, alongside brands such as 1800 Tequila, Kraken Rum, Bushmills Whiskey, Boodles Gin, Three Olives Vodka, Hangar 1 Vodka, Stranahan's Whiskey, and Great Jones Whiskey. Founded in 1758 and headquartered in Mexico City, Mexico, the company operates vertically integrated agave farming and processing through subsidiaries like Tequila Cuervo La Rojeña SA de CV and Casa Cuervo SA de CV, serving premium spirits consumers in Mexico, the United States, Canada, and over 85 countries worldwide. In recent developments, Becle reports robust financial growth with Q3 2025 EBITDA surging 63.3% to MXN 3.5 billion and gross margins expanding 300 basis points to 56.1% amid lower input costs and efficiencies; the company advances ready-to-drink cans with 30% growth, advances its annual dividend earlier to May with higher payout ratios, retires $153 million in senior notes using cash reserves, and reaffirms full-year guidance for margin expansion and volume leverage.

Company News

  • Becle, S.A.B. de C.V. (BCCLF) Q3 2026 Earnings Call Transcript

  • Becle, S.A.B. de C.V. (BCCLF) Q2 2026 Earnings Call Transcript

  • Becle, S.A.B. de C.V. (BCCLF) Q1 2026 Earnings Call Transcript

  • Longleaf Partners Small-Cap Fund Q1 2026 Portfolio Review

  • Short Interest in Becle, S.A.B. de C.V. (OTCMKTS:BCCLF) Declines By 18.1%

  • Becle, S.A.B. de C.V. (OTCMKTS:BCCLF) Short Interest Update

  • Becle, S.A.B. de C.V. (BCCLF) Q4 2025 Earnings Call Transcript

  • Becle, S.A.B. de C.V. (OTCMKTS:BCCLF) Short Interest Update

  • Becle, S.A.B. de C.V. (BCCLF) Q3 2025 Earnings Call Transcript

  • Becle, S.A.B. de C.V. (BCCLF) Q2 2025 Earnings Conference Call Transcript

  • Becle, S.A.B. de C.V. (BCCLF) Q2 2024 Earnings Call Transcript

  • Becle, S.A.B. de C.V. (BCCLF) Q1 2023 Earnings Call Transcript

  • Becle, S.A.B. de C.V. (BCCLF) Q4 2022 Earnings Call Transcript

  • Becle, S.A.B. de C.V. (BCCLF) Q3 2022 Earnings Call Transcript

  • Becle, S.A.B. de C.V. (BCCLF) CEO Juan Domingo Beckmann on Q1 2022 Results - Earnings Call Transcript

  • Becle, S.A.B. de C.V. (BCCLF) CEO Juan Domingo Beckmann on Q4 2021 Results - Earnings Call Transcript

  • Cuervo parent company Becle reports 72.4% increase in Q4 net profit