Stocks · Consumer staples · Malt Beverages

UNITED BREWERIES CO INC

CCU Clue Score57
Chile Fiscal year ends December CIK 0000888746
$10.91 -1.62% Close, 9 Oct 2026
Price $10.91 −33.80% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 11 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,558.90Operating income192.31Net income118.46EPS, diluted320.59Fiscal year 2017Revenue1,698.36 +8.9%Operating income227.18Net income129.61 +9.4%EPS, diluted350.76 +9.4%Fiscal year 2018Revenue1,783.28 +5.0%Operating income472.75Net income306.89 +136.8%EPS, diluted830.55 +136.8%Fiscal year 2019Revenue1,822.54 +2.2%Operating income233.97Net income145.65 −52.5%Fiscal year 2020Revenue1,857.59 +1.9%Operating income175.18Net income108.19 −25.7%Fiscal year 2021Revenue2,484.71 +33.8%Operating income330.47Net income219.05 +102.5%Fiscal year 2022Revenue2,711.43 +9.1%Operating income218.76Net income135.48 −38.1%Fiscal year 2023Revenue2,565.56 −5.4%Operating income239.97Net income118.43 −12.6%Fiscal year 2024Revenue2,904.57 +13.2%Operating income262.61Net income176.54 +49.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue 1,558.90 1,698.36 1,783.28 1,822.54 1,857.59 2,484.71 2,711.43 2,565.56 2,904.57
Growth +8.9% +5.0% +2.2% +1.9% +33.8% +9.1% −5.4% +13.2%
Operating income 192.31 227.18 472.75 233.97 175.18 330.47 218.76 239.97 262.61
Net income 118.46 129.61 306.89 145.65 108.19 219.05 135.48 118.43 176.54
Growth +9.4% +136.8% −52.5% −25.7% +102.5% −38.1% −12.6% +49.1%
EPS, diluted 320.59 350.76 830.55 n/a n/a n/a n/a n/a n/a
Growth +9.4% +136.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin52.4%Operating margin12.3%Net margin7.6%Free cash flow margin4.1%Fiscal year 2017Gross margin53.0%Operating margin13.4%Net margin7.6%Free cash flow margin8.2%Fiscal year 2018Gross margin51.8%Operating margin26.5%Net margin17.2%Free cash flow margin16.9%Fiscal year 2019Gross margin50.2%Operating margin12.8%Net margin8.0%Free cash flow margin5.9%Fiscal year 2020Gross margin47.0%Operating margin9.4%Net margin5.8%Free cash flow margin8.8%Fiscal year 2021Gross margin48.0%Operating margin13.3%Net margin8.8%Free cash flow margin5.0%Fiscal year 2022Gross margin44.1%Operating margin8.1%Net margin5.0%Free cash flow margin−5.3%Fiscal year 2023Gross margin46.3%Operating margin9.4%Net margin4.6%Free cash flow margin6.6%Fiscal year 2024Gross margin45.2%Operating margin9.0%Net margin6.1%Free cash flow margin4.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Gross margin 52.4% 53.0% 51.8% 50.2% 47.0% 48.0% 44.1% 46.3% 45.2%
Operating margin 12.3% 13.4% 26.5% 12.8% 9.4% 13.3% 8.1% 9.4% 9.0%
Net margin 7.6% 7.6% 17.2% 8.0% 5.8% 8.8% 5.0% 4.6% 6.1%
Free cash flow margin 4.1% 8.2% 16.9% 5.9% 8.8% 5.0% −5.3% 6.6% 4.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow190.01Capital expenditure−125.69Free cash flow64.32Dividends paid−69.82Fiscal year 2017Operating cash flow262.16Capital expenditure−123.53Free cash flow138.63 +115.5%Dividends paid−75.13Fiscal year 2018Operating cash flow429.31Capital expenditure−128.37Free cash flow300.95 +117.1%Dividends paid−74.83Fiscal year 2019Operating cash flow242.32Capital expenditure−134.67Free cash flow107.65 −64.2%Dividends paid−218.04Fiscal year 2020Operating cash flow280.67Capital expenditure−117.01Free cash flow163.66 +52.0%Dividends paid−102.14Fiscal year 2021Operating cash flow293.36Capital expenditure−169.67Free cash flow123.69 −24.4%Dividends paid−274.14Fiscal year 2022Operating cash flow45.94Capital expenditure−188.67Free cash flow−142.73 −215.4%Dividends paid−158.32Fiscal year 2023Operating cash flow294.10Capital expenditure−124.40Free cash flow169.70Dividends paid−65.58Fiscal year 2024Operating cash flow287.52Capital expenditure−152.92Free cash flow134.60 −20.7%Dividends paid−81.80
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Operating cash flow 190.01 262.16 429.31 242.32 280.67 293.36 45.94 294.10 287.52
Capital expenditure −125.69 −123.53 −128.37 −134.67 −117.01 −169.67 −188.67 −124.40 −152.92
Free cash flow 64.32 138.63 300.95 107.65 163.66 123.69 −142.73 169.70 134.60
Growth +115.5% +117.1% −64.2% +52.0% −24.4% −215.4% −20.7%
Dividends paid −69.82 −75.13 −74.83 −218.04 −102.14 −274.14 −158.32 −65.58 −81.80

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash134.03Shareholders’ equity1,077.30Fiscal year 2017Cash170.04Shareholders’ equity1,101.08Fiscal year 2018Cash319.01Shareholders’ equity1,280.13Fiscal year 2019Cash196.37Shareholders’ equity1,328.05Fiscal year 2020Cash396.39Shareholders’ equity1,296.57Fiscal year 2021Cash265.57Shareholders’ equity1,307.62Fiscal year 2022Cash597.08Shareholders’ equity1,315.03Fiscal year 2023Cash618.15Shareholders’ equity1,218.36Fiscal year 2024Cash707.12Shareholders’ equity1,525.18
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash 134.03 170.04 319.01 196.37 396.39 265.57 597.08 618.15 707.12
Shareholders’ equity 1,077.30 1,101.08 1,280.13 1,328.05 1,296.57 1,307.62 1,315.03 1,218.36 1,525.18

In billions of CLP, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2024 · 10-K

Balance sheet

In billions of CLP, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024
Assets
134.03 170.04 319.01 196.37 396.39 265.57 597.08 618.15 707.12
280.79 286.21 320.70 300.01 275.39 373.00 445.26 446.49 506.71
199.31 201.99 228.06 232.43 231.84 353.43 480.80 425.73 459.38
904.10 917.91 1,008.95 1,071.73 1,082.52 1,222.26 1,356.85 1,273.99 1,522.71
96.93 94.62 123.04 124.96 117.19 131.17 136.97 127.59 161.58
1,872.03 1,976.23 2,405.86 2,353.69 2,525.34 2,846.75 3,595.08 3,423.95 3,989.72
Growth +5.6% +21.7% −2.2% +7.3% +12.7% +26.3% −4.8% +16.5%
Liabilities
671.37 749.40 1,016.75 910.76 1,116.52 1,421.24 2,159.11 2,086.56 2,317.20
Equity
657.58 716.46 868.48 902.86 921.81 832.18 843.05 895.87 965.78
1,077.30 1,101.08 1,280.13 1,328.05 1,296.57 1,307.62 1,315.03 1,218.36 1,525.18
Growth +2.2% +16.3% +3.7% −2.4% +0.9% +0.6% −7.4% +25.2%
Per share and net cash
n/a 369.5 369.5 369.5 369.5 369.5 369.5 369.5 369.5
calc n/a 2,979.89 3,464.46 3,594.16 3,508.97 3,538.86 3,558.91 3,297.31 4,127.66

Lines marked calc are worked out here from filed figures; point at one for how. Shown in CLP as filed; the screener converts to dollars.