Jeronimo Martins, SGPS S.A. Unsponsored ADR

Jeronimo Martins, SGPS S.A. Unsponsored ADR

JRONY
Jeronimo Martins, SGPS S.A. Unsponsored ADRUS flagOther OTC
41.63
USD
+0.35
- -
13.08BMarket Cap
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
37.65
40.35
43.69
46.53
51.8
55.17
59.32
61.4
66.48
80.79
97.17
106.15
114.54
117.46
Basic EPS, GAAP
1.22
0.96
1.06
1.89
1.23
1.28
1.24
0.99
1.47
1.88
2.4
1.9
2.06
0.45
Free Cash Flow per Basic Share
0.53
0.75
1.48
1.29
0.79
0.46
2.92
2.98
3.62
3.84
2.66
2.06
4.35
3.8
Dividend per Share
0.67
0.66
1.29
0.59
1.38
1.28
0.7
0.74
0.63
1.63
1.15
1.36
1.23
- -
Book Value per Share
2.07
2.22
2.13
2.77
2.84
2.83
3.14
3.2
3.62
3.71
4.48
4.78
5.24
4.98
Tangible Book Value per Share
0.79
0.94
0.85
1.51
1.55
1.57
1.88
1.99
2.42
2.51
3.22
3.52
3.94
3.69
Basic Weighted Avg Shares
314
314
314
314
314
314
314
314
314
314
315
315
314
314
Sales/Revenue/Turnover
11,829
12,680
13,728
14,622
16,276
17,337
18,638
19,293
20,889
25,385
30,608
33,464
35,991
36,877
Operating Margin (%)
4.49
3.59
3.68
3.87
3.61
3.44
3.85
3.45
3.93
3.94
3.99
3.3
3.41
3.41
Depreciation Expense
249
277
295
294
331
364
715
734
745
782
902
1,043
1,143
1,199
Net Income, GAAP
382
302
333
593
385
401
390
312
463
590
756
599
646
141
Effective Tax Rate (%)
22.02
24.19
24.56
17.46
26.95
23.48
23.39
29.63
25.77
25.43
23.62
24.34
25.48
25.8
Profit Margin (%)
3.23
2.38
2.43
4.06
2.37
2.31
2.09
1.62
2.22
2.32
2.47
1.79
1.79
0.38
Working Capital
-1,642
-1,652
-1,664
-1,758
-2,101
-2,226
-2,636
-2,307
-2,213
-2,608
-3,159
-3,083
-3,403
-3,259
LT Debt
369
374
534
115
238
288
2,308
2,261
2,340
2,486
3,133
3,816
4,171
4,780
Total Equity
1,539
1,639
1,593
1,991
2,013
2,016
2,229
2,257
2,532
2,585
3,067
3,253
3,529
3,354
Return on Invested Capital (%)
17.93
13.92
15.87
19.42
16.67
16.55
13.2
8.73
11.29
13.01
13.94
10.53
10.32
10.24
Return on Capital (%)
18.59
13.19
14.21
25.44
15.13
14.94
12.02
7.79
10.56
12.53
14.23
10.79
10.49
4.6
Return on Common Equity (%)
31.52
22.35
24.35
38.52
21.86
22.49
20.78
15.67
21.61
25.6
29.39
20.58
20.52
4.67

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,401
1,205
1,241
LT Borrowings
519
514
627
LT Finance Leases
3,652
3,984
4,153
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
628
628
628
Market Capitalization
25,430
25,946
21,040

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,606
5,366
5,141
Cash, Cash Equivalents & STI
2,268
1,826
1,585
Accounts Receivable, Net
78
90
100
Inventories
2,275
2,381
2,312
Total Current Liabilities
9,009
8,444
8,400
Payables & Accruals
- -
- -
- -
ST Debt
1,401
1,205
1,241
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.55%
9.49%
8.48%
Free Cash Flow
52.44%
17.1%
110.79%
Net Income, GAAP
11.53%
18.21%
7.85%
Sales/Revenue/Turnover
10.26%
13.45%
7.55%
Total Cash Common Dividend
15.73%
24.62%
-9.56%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,066
8,232
8,467
8,699
33,464
2025
8,377
9,020
9,138
9,457
35,991
2026
8,904
9,378
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.9
2025
- -
- -
- -
- -
2.06
2026
- -
0.45
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.05
- -
1.36
2025
- -
- -
- -
- -
1.23
2026
- -
- -
- -
- -
- -

Company Description

CEO
Pedro Manuel de Castro Soares dos Santos
Full Time Employees
147,709
Sector
Consumer Defensive
Industry
Grocery Stores
Address
Rua Actor AntOnio Silva n. o 7 Lisbon LI Portugal 1649-033
IPO Date
Jan 20, 2010
Business
Jerónimo Martins, SGPS, S.A. is an international group engaged in the food distribution and specialized retail sectors across Portugal, Poland, and Colombia, with additional operations spanning Slovakia, Czechia, and Morocco. The company structures its diverse activities through several key divisions. In Portugal, it oversees the Pingo Doce supermarket chain, which frequently includes in-store dining establishments, and operates the Recheio cash & carry format, also extending support to traditional local retailers under the Amanhecer brand. Specialized retail in Portugal further encompasses Jeronymo coffee shops and Hussel chocolate and confectionery outlets. In Poland, Jerónimo Martins manages its extensive network of discount food stores primarily under the Biedronka banner, which stands as its largest and most significant business segment, having recently commenced operations in Slovakia. Also within Poland, the group develops its health and beauty retail presence through the Hebe chain, which has expanded its online and physical store footprint into Czechia and Slovakia. For its Colombian market, the company operates neighborhood food stores under the Ara brand and has introduced the Bodega del Canasto mini cash & carry format for business-to-business distribution. Beyond retail, the group is actively involved in agri-food production in Portugal and Morocco, focusing on dairy, livestock farming, aquaculture, and the cultivation of fruits and vegetables to ensure supply chain quality. Headquartered in Lisbon, Portugal, the company traces its origins back to 1792. Jerónimo Martins remains a family-controlled entity, dedicated to a value proposition centered on delivering quality products at competitive prices to millions of consumers through its network of over 6,000 stores. The group reported sales of €33.5 billion in 2024 and aims for further growth, with plans to invest approximately €1.1 billion in 2025 and aspiring to reach €50 billion in sales by 2030.

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