Banco Macro S.A. most recently reported annual revenue of $5.82T, net profit of $337.3B. Revenue grew at an average annual rate of 58.1% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Banco Macro S.A.: Revenue rose from $338.8B in 2016 to $5.82T in 2025, a change of +1616.4% over 9 years; net profit was positive in 9 of 10 reported years; operating margin moved from 3.0% to 10.2%, a shift of +7.3 percentage points; the most recent year shows net profit of $337.3B.
Income Statement — 10 Years (USD millions)
Metric
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Revenue
$338.8B
$1.59T
$2.77T
$387.4B
$587.9B
$1.70T
$5.37T
$9.69T
$6.46T
$5.82T
Operating Expenses
$328.8B
$1.59T
$2.74T
$318.3B
$472.7B
$1.56T
$4.97T
$7.81T
$6.10T
$5.22T
Operating Profit
$10.0B
$0
$30.7B
$69.2B
$115.3B
$145.9B
$401.1B
$1.88T
$360.0B
$595.6B
Operating Margin
3.0%
0.0%
1.1%
17.9%
19.6%
8.6%
7.5%
19.4%
5.6%
10.2%
Other Income
$158.1B
$404.2B
$391.7B
$0
$1.0M
$0
$0
$0
$0
$299.0M
Interest
$209.9B
$478.8B
$1.35T
$131.8B
$178.9B
$574.2B
$2.09T
$3.55T
$1.94T
$2.25T
Depreciation
$6.4B
$39.6B
$65.9B
$6.2B
$12.9B
$43.2B
$47.5B
$126.5B
$138.1B
$93.0B
Profit Before Tax
$158.1B
$404.2B
$391.7B
$69.2B
$115.3B
$145.9B
$401.1B
$1.88T
$360.0B
$595.9B
Tax
$2.2M
$58.6M
$2.4M
$38.5M
$33.3M
$4.9M
$31.1M
$32.6M
$9.3M
$43.1M
Net Profit
$103.2B
$167.3B
$-32.0B
$42.6B
$76.9B
$138.7B
$276.5B
$1.27T
$325.5B
$337.3B
EPS
$1742.00
$2468.70
$-493.50
$638.10
$1202.30
$457.80
$846.10
$22388.80
$5090.60
$5281.60
Dividend Payout
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
8 duplicate period labels in the source data were collapsed.
Metric
Jun '23
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Dec '25
Mar '26
Revenue
$1.72T
$2.06T
$2.66T
$3.27T
$1.22T
$1.11T
$1.50T
$1.12T
$1.41T
$1.44T
$1.2B
$1.91T
Operating Expenses
$1.48T
$2.00T
$1.92T
$2.70T
$1.73T
$991.4B
$1.33T
$1.04T
$1.16T
$1.48T
$1.1B
$1.69T
Operating Profit
$235.8B
$58.8B
$739.8B
$572.5B
$-505.5B
$120.8B
$168.2B
$80.2B
$245.3B
$-38.0B
$139.0M
$212.7B
Operating Margin
13.7%
2.9%
27.8%
17.5%
-41.4%
10.9%
11.2%
7.2%
17.4%
-2.6%
11.6%
11.2%
Interest
$743.4B
$984.9B
$822.9B
$856.0B
$623.3B
$298.6B
$412.9B
$288.9B
$392.4B
$528.4B
$462.0M
$502.6B
Profit Before Tax
$235.8B
$58.8B
$739.8B
$572.5B
$-505.5B
$120.8B
$168.2B
$80.2B
$245.3B
$-38.0B
$139.0M
$212.7B
Tax
$30.4M
$60.5M
$31.8M
$24.4M
$37.5M
$24.4M
$22.3M
$43.0M
$39.0M
$13.1M
$42.6M
$34.3M
Net Profit
$164.0B
$23.1B
$504.0B
$433.2B
$-316.6B
$90.9B
$130.5B
$44.9B
$149.1B
$-33.1B
$115.3B
$140.2B
EPS
$2564.20
$361.70
$7885.50
$6775.40
$-4951.00
$1422.10
$2080.60
$701.40
$2332.40
$-517.60
$1799.20
$2193.30
Over the 10 years reported for Banco Macro S.A., borrowings increased from $234.4B in 2016 to $1.54T in 2025, cash stood at $3.59T in the latest year, shareholders' equity was $639.0M, current assets covered current liabilities 40.09 times.
Balance Sheet — 10 Years (USD millions)
Metric
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
$4.66T
$6.19T
$11.54T
$606.2B
$1.17T
$1.95T
$6.51T
$14.63T
$14.49T
$23.25T
Current Assets
$1.07T
$1.02T
$2.46T
$166.2B
$254.9B
$461.6B
$1.57T
$4.24T
$4.28T
$3.59T
Cash
$1.05T
$961.6B
$2.46T
$137.1B
$196.2B
$335.7B
$778.8B
$2.69T
$2.78T
$3.59T
Inventory
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Receivables
$27.3B
$48.3B
$84.7B
$28.7B
$57.2B
$123.4B
$1.9B
$862.3B
$1.04T
$0
Fixed Assets
$220.2B
$278.5B
$23.9B
$35.1B
$51.9B
$103.0B
$317.2B
$777.0B
$788.3B
$1.04T
Capital Work in Progress
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Investments
$3.30T
$4.79T
$2.45T
$397.5B
$793.2B
$1.30T
$3.50T
$8.60T
$9.61T
$17.22T
Other Assets
$21.0M
$0
$0
$0
$0
$0
$0
$0
$0
$0
Total Liabilities
$3.91T
$4.88T
$9.54T
$461.8B
$940.3B
$1.48T
$4.91T
$10.19T
$10.44T
$18.01T
Current Liabilities
$3.26T
$3.95T
$0
$359.2B
$738.6B
$1.15T
$4.04T
$7.46T
$8.48T
$89.5B
Borrowings
$234.4B
$332.0B
$712.0B
$43.2B
$61.9B
$90.4B
$239.2B
$914.8B
$465.4B
$1.54T
Other Liabilities
$3.67T
$4.55T
$8.83T
$418.5B
$878.4B
$1.39T
$4.67T
$9.28T
$9.98T
$16.47T
Equity
$9.2B
$0
$14.3B
$639.0M
$639.0M
$639.0M
$639.0M
$639.0M
$639.0M
$639.0M
Reserves
$740.0B
$1.31T
$2.00T
$144.4B
$228.7B
$466.7B
$1.59T
$4.44T
$4.05T
$5.23T
For Banco Macro S.A., operating cash flow was positive in 7 of 10 reported years; free cash flow in the latest year was $1.6B; free cash flow was positive in 7 of 10 years; financing activities used $478.3B in the latest year, which covers debt repayment, dividends and buybacks.