LOMANYSECement, Hydraulic
Loma Negra Compania Industrial Argentina Sociedad Anonima
Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 20-F on Apr 28, 2026
$9.90−0.13 (-1.30%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2014 to 2024
Gross margin
26.7%−0.6 pts over 5 years
Operating margin
–
Net margin
22.0%+11.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2024
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -23.9% | +16.1% | +57.5% | – | |
| Gross profit | -18.9% | +9.8% | +56.9% | – | |
| Net income | +585.4% | +56.7% | +81.1% | – | |
| Free cash flow | -51.6% | +2.3% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2015 | FY2019 | FY2024 | Trend |
|---|---|---|---|---|
| Return on equity | – | 26.2% | 21.5% | |
| Return on assets | – | 12.5% | 11.0% | |
| Current ratio | – | 0.58 | 1.02 | |
| Debt to equity | – | 0.34 | 0.22 | |
| Net debt to EBITDA | – | 1.02× | – | |
| Interest coverage | – | 0.5× | – | |
| Inventory turnover | – | 8.4× | 2.8× | |
| Capex to revenue | 6.0% | 33.4% | 10.4% | |
| Diluted shares | 566M | 596M | 583M |
Where the cash went
Fiscal 2020 to 2024, five years combined
Loma Negra Compania Industrial Argentina Sociedad Anonima generated 649.80B ARS from operations and spent 299.94B ARS on capital expenditure, dividends and share buybacks. 97% of that went back into the business.
Generated
649.80B ARS
Used
299.94B ARS
Capital expenditure292.09B ARS97%Dividends7.86B ARS3%Share buybacks0 ARS0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin22.0%
×Asset turnover0.50×
×Equity multiplier1.95×
=Return on equity, FY202421.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 22.0% | 0.50× | 1.95× | 21.5% |
| FY2023 | 2.4% | 0.91× | 2.02× | 4.5% |
| FY2022 | 1.3% | 2.35× | 1.67× | 5.2% |
| FY2021 | 8.9% | 2.87× | 1.49× | 38.2% |
| FY2020 | 27.3% | 1.34× | 1.74× | 63.6% |
| FY2019 | 10.9% | 1.14× | 2.10× | 26.2% |
| FY2018 | 7.4% | 1.28× | 2.19× | 20.7% |
| FY2017 | 14.1% | 1.99× | 2.77× | 77.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2024 against fiscal 2023
6of 9 tests passed in fiscal 2024. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero153.81B ARS
- Cash generatingOperating cash flow above zero124.72B ARS
- Return on assets improvedROA up on the prior year3.6% → 11.1%
- Earnings backed by cashOperating cash flow above net income124.72B ARS vs 153.81B ARS
- Less leverageLong-term debt to assets fell17.2% → 5.0%
- Better liquidityCurrent ratio rose1.09 → 1.02
- No dilutionShare count did not rise584M → 583M
- Gross margin improvedGross margin up on the prior year25.09% → 26.74%
- More efficientAsset turnover rose1.46 → 0.50