Compañía Cervecerías Unidas (ADR)
Brewer and multi-category beverage operator across Latin America.
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Profile
Sells beer alongside soft drinks, water, wine, pisco, cider and other beverages across Latin America. A multi-category portfolio built through licenses, acquisitions and partnerships supports several routes to market.
Brews beer and produces soft drinks, water, wine, pisco, cider, energy drinks and other beverages. Operations span core markets in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay.
A brewery heritage developed into a multi-category regional portfolio through licenses, acquisitions and partnerships. Its portfolio spans alcoholic and non-alcoholic beverages, combining beer with water and wine. Those categories also include mineral and bottled water, juices, nectars, sparkling wine, isotonic drinks and spirits.
Control sits with Inversiones y Rentas, jointly owned by Quiñenco and Heineken Chile. Country-specific operating conditions across its markets shape the business.
Company facts
Categories
Key statistics
Year to date −4.7% · Average volume (30d) 147.5K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 13, 2026 | Goldman Sachs | Reiterate | Sell | $9.70 | $9.05 |
| May 20, 2026 | Goldman Sachs | Target | $9.70 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 4, 2026Q2 FY26 | −$0.12 | −$0.12 | −4.3% | $641.9M | $655.8M | +2.2% | +1.66% |
| May 6, 2026Q1 FY26 | $0.25 | $0.33 | +30.2% | $839.8M | $828.9M | −1.3% | +0.50% |
| Feb 24, 2026Q4 FY25 | $0.41 | $0.32 | −22.0% | $974.1M | $943.9M | −3.1% | −3.45% |
| Nov 6, 2025Q3 FY25 | $0.09 | $0.09 | −1.6% | $723.7M | $684.0M | −5.5% | +1.31% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $878.7M | $623.2M | $707.8M | $917.1M | $880.6M | $653.1M | |
| Gross profit | $410.7M | $254.5M | $300.8M | $421.9M | $416.4M | $271.7M | |
| Operating income | $90.7M | −$28.8M | $43.6M | $114.0M | $98.6M | −$21.9M | |
| Net income | $62.1M | −$12.1M | $16.7M | $59.2M | $57.9M | −$22.3M | |
| Diluted EPS | $0.32 | −$0.07 | $0.09 | $0.31 | $0.31 | −$0.12 | |
| Gross margin | 46.7% | 40.8% | 42.5% | 46.0% | 47.3% | 41.6% | |
| Operating margin | 10.3% | -4.6% | 6.2% | 12.4% | 11.2% | -3.4% |
Fiscal years (4-quarter sums)FY21 $2.67B · FY22 $2.91B · FY23 $2.76B · FY24 $3.12B · FY25 $3.13B
Balance sheet, Jun 30, 2026Cash & short-term investments $372.9M · Total debt $1.39B · Total assets $3.72B · Shareholders' equity $1.53B
Dividends
Last cut to $0.1635 from $0.1826 in Apr 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Apr 17, 2026 | Apr 17 | May 12 | $0.1635 | cut from $0.1826 |
| Nov 21, 2025 | Nov 21 | Dec 17 | $0.1826 | cut from $0.2129 |
| Apr 24, 2025 | Apr 24 | May 13 | $0.2129 | cut from $0.2407 |
| Nov 22, 2024 | Nov 22 | Dec 13 | $0.2407 | raised from $0.181 |
| Apr 23, 2024 | Apr 24 | May 13 | $0.181 | cut from $0.221 |
| Nov 22, 2023 | Nov 24 | Dec 12 | $0.221 | raised from $0.0675 |
| Apr 20, 2023 | Apr 21 | May 12 | $0.0675 | cut from $0.3706 |
| Dec 22, 2022 | Dec 23 | Jan 13 | $0.3706 | cut from $0.5308 |
Ownership
Shares outstanding 184.75M · Float 120.44M · 65.2% free float
Insiders — filings are in the shares behind the receipt.
This listing is a depositary receipt and the Form 4 positions here are filed in the shares behind it, a different unit from the share count and in a ratio the filings never state, so no insider percentage is shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| First Eagle Investment Management, LLC | 16.12M | 8.73% | 13F | May 14, 2026 |
| Wellington Management Group LLP | 3.09M | 1.67% | 13F | May 15, 2026 |
| Discerene Group LP | 1.87M | 1.01% | 13F | May 14, 2026 |
| Macquarie Management Holdings, Inc. | 505.1K | 0.27% | 13F | May 15, 2026 |
| Bli - Banque de Luxembourg Investments | 400.0K | 0.22% | 13F | May 15, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Anheuser-Busch InBev (ADR)
Dominant beer rival across CCU's Latin American markets
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Compañía Cervecerías Unidas (ADR) | $12.28 | +1.66% | $2.23B | 20.3 | 13.8 | 0.7 | +5.2% |
| Anheuser-Busch InBev (ADR) | $80.25 | +0.12% | $157.81B | 13.5 | — | 2.0 | — |
| Median | 13.5 | — | 2.0 | — |