IRSA Inversiones y Representaciones Sociedad Anónima

IRSA Inversiones y Representaciones Sociedad Anónima

IRSA.BA
IRSA Inversiones y Representaciones Sociedad AnónimaAR flagBuenos Aires Stock Exchange
2,395.00
ARS
-25.00
- -
2.03TMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
5.1
6.12
23.17
91.25
140.28
50.89
60.64
87.17
328.1
646.15
595.87
837.63
- -
815.94
Basic EPS, GAAP
-1.41
3.41
17.11
-2.01
37.76
-99.93
61.04
-201.02
353.33
435.97
-52.82
348.94
- -
472.81
Free Cash Flow per Basic Share
1.77
1.4
6.39
16.82
23.78
72.88
132
7.38
125.55
257.33
180.37
448.65
- -
186.64
Dividend per Share
0.2
0.12
- -
0.26
- -
- -
- -
17.38
1.85
233.64
276.44
144.18
- -
218.3
Book Value per Share
18.38
21.65
38.9
46.51
110.3
82.44
154.93
160.86
441.33
1,774.23
2,021.52
- -
2,694.76
2,694.76
Tangible Book Value per Share
18.16
21.42
17.75
24.24
75.61
36.4
79.58
154.62
431.95
1,735.6
1,900.47
- -
2,661.43
2,661.43
Basic Weighted Avg Shares
558
556
557
557
557
550
575
526
783
716
769
747
- -
760
Sales/Revenue/Turnover
2,845
3,403
12,916
50,859
78,187
28,004
34,868
45,880
256,980
462,486
458,059
625,706
657,599
619,865
Operating Margin (%)
35.92
41.46
17.44
-3
9.73
40.59
34.36
13.68
39.47
38.65
46.36
41.51
41.05
42.7
Depreciation Expense
226
33
1,531
7,613
9,628
560
1,174
2,266
7,453
9,838
9,130
39,574
27,979
27,979
Net Income, GAAP
-786
1,898
9,534
-1,120
21,047
-54,988
35,100
-105,800
276,741
312,051
-40,607
260,661
393,510
359,188
Effective Tax Rate (%)
- -
42.6
40.58
- -
- -
- -
19.87
- -
7.35
- -
- -
18.72
26.27
25.86
Profit Margin (%)
-27.63
55.77
73.82
-2.2
26.92
-196.36
100.67
-230.6
107.69
67.47
-8.87
41.66
59.84
57.95
Working Capital
701
-785
-837
19,058
76,502
96,211
93,625
-13,471
-94,876
-3,882
-65,791
- -
342,250
342,250
LT Debt
3,756
3,736
90,680
109,489
281,659
381,639
467,414
78,016
30,613
259,950
271,041
- -
839,063
839,063
Total Equity
11,218
12,980
35,856
47,336
119,515
122,656
184,228
135,653
365,900
1,438,844
1,606,729
- -
2,420,410
2,420,410
Return on Invested Capital (%)
- -
4.8
1.6
- -
- -
- -
1.42
- -
23.41
- -
- -
19.7
11.35
6.95
Return on Capital (%)
- -
12.04
12.44
- -
- -
- -
3.44
- -
87.3
- -
- -
28.33
24.65
14.15
Return on Common Equity (%)
-12.12
17.06
56.63
-4.72
48.27
-102.61
53.32
-113.03
124.7
36.75
-2.84
34.67
34.52
18.99

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
227,954
193,359
181,078
LT Borrowings
224,270
494,703
830,987
LT Finance Leases
3,254
3,120
8,076
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
717
748
846
Market Capitalization
1,289,723
1,272,442
2,047,308

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
271,335
556,717
797,719
Cash, Cash Equivalents & STI
186,063
439,411
572,387
Accounts Receivable, Net
83,543
87,669
204,849
Inventories
1,535
28,366
19,845
Total Current Liabilities
380,247
386,604
455,469
Payables & Accruals
148,199
189,051
268,414
ST Debt
227,954
193,359
181,078
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
50.64%
Free Cash Flow
298.04%
515.8%
-57.69%
Net Income, GAAP
-417.02%
-230.55%
50.97%
Sales/Revenue/Turnover
92.02%
116.16%
5.1%
Total Cash Common Dividend
- -
2,277.69%
53.98%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
94,939
118,375
93,144
114,981
458,059
2025
118,414
151,352
140,176
- -
625,706
2026
129,259
152,667
144,706
193,233
657,599

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
312.63
68.28
-668.72
- -
-52.82
2025
-192.26
133.26
137.08
- -
348.94
2026
204.04
91.64
-39.4
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
256.55
22.04
- -
276.44
2025
- -
125.57
11.75
- -
144.18
2026
- -
186.77
17.72
- -
- -

Company Description

CEO
Eduardo Sergio Elsztain
Full Time Employees
1,350
Sector
Real Estate
Industry
Real Estate - Services
Address
Carlos M. Della Paolera 261 Buenos Aires BA Argentina C1001ADA
IPO Date
Jan 3, 2000
Business
IRSA Inversiones y Representaciones Sociedad Anónima is an Argentine real estate investment and development company engaged in the ownership, operation, acquisition, development and redevelopment of shopping malls, office buildings, hotels, residential projects and land reserves for mixed-use developments; it also holds interests in financial and strategic investments, including Banco Hipotecario S.A.. Founded in 1943 and headquartered in Buenos Aires, Argentina, the company operates principally in Argentina and is controlled by Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria. Its portfolio includes shopping centers such as Abasto Shopping, Paseo Alcorta, Alto Palermo, Patio Bullrich, Dot Baires Shopping, Distrito Arcos, Alto Avellaneda, Soleil Premium Outlet, Terrazas de Mayo, Alto Noa, Alto Rosario, Mendoza Plaza, Córdoba Shopping Villa Cabrera, Alto Comahue, La Ribera and Al Oeste; office buildings; upscale hotels including Libertador, InterContinental and Llao Llao; and residential and mixed-use development projects, notably Ramblas del Plata and Distrito Diagonal. In fiscal 2026, IRSA reported continued portfolio expansion, reaching 18 shopping mall assets and more than 410,000 square meters of gross leasable area after acquiring Al Oeste and Los Gallegos Shopping, while also advancing redevelopment of Al Oeste into an outlet center and progressing new mixed-use projects. Recent operational and financing developments include the July 2025 amendment to the Ramblas del Plata land transaction, the September 2025 acquisition of Al Oeste Shopping Mall, the 2025 purchase of additional land and property assets in Greater Buenos Aires, and the issuance of USD 230 million in notes during fiscal 2026. The company’s business model is centered on recurring rental income from shopping centers, premium offices and hotels, supported by property sales, development activities and value creation through asset repositioning and portfolio optimization.