AVALNYSECommercial Banks, NECFiscal year ends December 31
Grupo Aval Acciones Y Valores S.A.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 17, 2026
$4.71−0.14 (-2.89%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2014 to 2025
Gross margin
4.7%−2.7 pts over 5 years
Net margin
3.9%−2.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -0.8% | +6.1% | +3.0% | +7.7% | |
| Gross profit | -15.7% | -22.8% | -5.9% | – | |
| Net income | +69.6% | -11.5% | -6.0% | -1.7% | |
| EPS, diluted | +69.6% | -12.2% | -7.2% | – | |
| Free cash flow | +4181.6% | – | -6.3% | -4.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 11.6% | 9.6% | |
| Return on assets | – | 0.8% | 0.5% | |
| Capex to revenue | 2.6% | 1.7% | 1.4% | |
| Diluted shares | – | 15.14B | 16.19B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Grupo Aval Acciones Y Valores generated 20.30T COP from operations and spent 6.76T COP on capital expenditure, dividends and share buybacks. 44% of that went back into the business.
Generated
20.30T COP
Used
6.76T COP
Capital expenditure2.99T COP44%Dividends3.77T COP56%Share buybacks0 COP0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.9%
×Asset turnover0.13×
×Equity multiplier18.85×
=Return on equity, FY20259.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.9% | 0.13× | 18.85× | 9.6% |
| FY2024 | 2.3% | 0.14× | 18.37× | 5.9% |
| FY2023 | 1.6% | 0.15× | 17.95× | 4.4% |
| FY2022 | 6.7% | 0.11× | 16.78× | 12.6% |
| FY2021 | 8.4% | 0.11× | 15.80× | 15.1% |
| FY2020 | 6.1% | 0.13× | 14.85× | 11.6% |
| FY2019 | 8.2% | 0.14× | 14.31× | 16.1% |
| FY2018 | 8.5% | 0.14× | 14.56× | 17.1% |
| FY2017 | 6.2% | 0.14× | 14.44× | 12.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero1.72T COP
- Cash generatingOperating cash flow above zero7.38T COP
- Return on assets improvedROA up on the prior year0.3% → 0.5%
- Earnings backed by cashOperating cash flow above net income7.38T COP vs 1.72T COP
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise16.20B → 16.19B
- Gross margin improvedGross margin up on the prior year5.52% → 4.69%
- More efficientAsset turnover rose0.15 → 0.14