BBB Foods Inc. (TBBB) Financial Statements & Historical Data

BBB Foods Inc. (TBBB) — Price $53.54 — Consumer Defensive — Discount Stores — NYSE

Latest reported results:

Detailed financial statements for BBB Foods Inc. (TBBB): income statement, balance sheet and cash-flow summary. Track margins, debt, liquidity and profitability trends year over year: ten fiscal years free and up to 20 with Premium.

Through its various subsidiaries, BBB Foods Inc. manages a network of grocery retail outlets throughout Mexico. The company provides a comprehensive selection of merchandise, ranging from essential food and beverages to personal care and household cleaning products, alongside coffee, tea, dessert items, and specialized goods for infants and pets. Customers can find a mix of well-established brands, the company's own private label lines, and specially acquired spot products.

Analysis Summary

BBB Foods Inc. reported revenue of 73.30B MXN in the most recent fiscal year, growing at a 5-year CAGR of 34.4%.

Trailing-twelve-month margins: gross margin 16.4%, operating margin -0.9%, net margin -3.7%. Free cash flow grew at 7.6% CAGR over 5 years.

At the current price of $53.54, TBBB has negative trailing earnings (P/E not meaningful) and an ROE of -72.30%. Market capitalisation stands at $6.2B.

Balance sheet quality for TBBB: current ratio of 0.6, net debt of 9.86B MXN. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Income Statement (10y)

Year202020212022202320242025
Revenue16.71B MXN23.35B MXN31.75B MXN44.08B MXN57.44B MXN73.30B MXN
Cost of Revenue14.77B MXN20.32B MXN27.60B MXN37.04B MXN48.06B MXN61.44B MXN
Gross Profit1.93B MXN3.03B MXN4.15B MXN7.04B MXN9.38B MXN11.86B MXN
Research & Development000000
Selling, General & Admin1.77B MXN2.64B MXN3.64B MXN6.20B MXN6.63B MXN12.40B MXN
Operating Expenses1.77B MXN2.64B MXN3.65B MXN6.25B MXN8.05B MXN12.40B MXN
Operating Income165.6M MXN393.9M MXN498.7M MXN793.9M MXN1.33B MXN-538.3M MXN
EBITDA447.1M MXN819.0M MXN1.55B MXN2.43B MXN3.49B MXN948.9M MXN
Interest Expense826.8M MXN1.00B MXN1.14B MXN1.44B MXN1.25B MXN1.41B MXN
Pre-tax Income-709.4M MXN-733.1M MXN-354.5M MXN-100.9M MXN717.5M MXN-2.25B MXN
Income Tax3.1M MXN92.9M MXN196.2M MXN205.2M MXN383.1M MXN416.2M MXN
Net Income-712.5M MXN-825.9M MXN-550.7M MXN-306.2M MXN334.4M MXN-2.66B MXN
EPS$-9.15$-9.70$-6.72$-3.64$3.06$-23.23
EPS (Diluted)$-9.15$-9.70$-6.72$-3.64$2.40$-23.23
Shares Outstanding (Diluted)84.2M MXN84.2M MXN84.2M MXN84.2M MXN139.4M MXN115.0M MXN

Income Statement (Quarterly)

Year2025-Q32025-Q42026-Q12026-Q2
Revenue20.04B MXN21.62B MXN22.86B MXN26.16B MXN
Gross Profit3.24B MXN3.52B MXN3.70B MXN4.38B MXN
Operating Income-886.5M MXN-281.2M MXN-18.4M MXN337.6M MXN
EBITDA-442.8M MXN46.0M MXN606.6M MXN948.5M MXN
Net Income-1.41B MXN-1.03B MXN-558.3M MXN-388.2M MXN
EPS$-12.19$-8.82$-4.76$-3.32
EPS (Diluted)$-12.19$-8.82$-4.76$-3.32

Balance Sheet (10y)

Year20212022202320242025
Cash & Equivalents1.00B MXN984.6M MXN1.20B MXN1.41B MXN1.43B MXN
Short-term Investments380.3M MXN8.8M MXN03.06B MXN2.72B MXN
Receivables429.3M MXN629.5M MXN742.2M MXN939.0M MXN1.30B MXN
Inventory1.40B MXN1.93B MXN2.36B MXN3.04B MXN4.22B MXN
Total Current Assets2.86B MXN3.60B MXN4.39B MXN8.55B MXN9.74B MXN
Property, Plant & Equipment4.95B MXN7.86B MXN10.13B MXN13.48B MXN19.69B MXN
Goodwill00000
Intangible Assets7.8M MXN8.2M MXN6.8M MXN6.8M MXN27.9M MXN
Total Assets8.05B MXN11.79B MXN14.96B MXN22.78B MXN30.58B MXN
Accounts Payable4.16B MXN5.66B MXN7.45B MXN9.18B MXN11.98B MXN
Short-term Debt271.1M MXN491.2M MXN744.1M MXN926.8M MXN2.11B MXN
Total Current Liabilities4.98B MXN6.80B MXN8.95B MXN11.19B MXN15.63B MXN
Long-term Debt4.43B MXN4.82B MXN4.92B MXN106.7M MXN142.1M MXN
Total Liabilities12.50B MXN16.51B MXN19.60B MXN18.74B MXN26.44B MXN
Retained Earnings-5.09B MXN-5.65B MXN-5.96B MXN-5.62B MXN-8.48B MXN
Total Equity-4.45B MXN-4.71B MXN-4.63B MXN4.03B MXN4.13B MXN
Total Debt8.13B MXN10.55B MXN11.91B MXN9.20B MXN14.00B MXN
Net Debt7.13B MXN9.57B MXN10.71B MXN4.73B MXN9.86B MXN
Working Capital-2.12B MXN-3.21B MXN-4.56B MXN-2.63B MXN-5.89B MXN

Balance Sheet (Quarterly)

Year2025-Q32025-Q42026-Q12026-Q2
Cash & Equivalents1.11B MXN1.39B MXN1.34B MXN1.98B MXN
Total Assets27.10B MXN30.53B MXN32.27B MXN36.82B MXN
Total Liabilities22.83B MXN26.40B MXN27.98B MXN30.81B MXN
Total Equity4.28B MXN4.13B MXN4.29B MXN6.00B MXN
Total Debt11.90B MXN13.98B MXN14.59B MXN15.92B MXN

Cash Flow (10y)

Year202020212022202320242025
Net Income-766.4M MXN-724.9M MXN91.1M MXN-100.9M MXN717.5M MXN-2.66B MXN
Depreciation & Amortization422.5M MXN530.2M MXN785.1M MXN1.09B MXN1.52B MXN1.78B MXN
Stock-based Compensation19.7M MXN142.1M MXN303.8M MXN384.6M MXN523.1M MXN0
Change in Working Capital451.0M MXN362.9M MXN832.7M MXN1.24B MXN754.7M MXN876.4M MXN
Operating Cash Flow1.08B MXN1.37B MXN2.12B MXN3.14B MXN3.75B MXN4.46B MXN
Capital Expenditure-298.3M MXN-534.0M MXN-1.13B MXN-1.80B MXN-2.44B MXN-3.33B MXN
Acquisitions000001.3M MXN
Stock Repurchased000000
Dividends Paid000000
Free Cash Flow784.4M MXN832.3M MXN990.7M MXN1.34B MXN1.31B MXN1.13B MXN

Cash Flow (Quarterly)

Year2025-Q32025-Q42026-Q12026-Q2
Operating Cash Flow1.14B MXN1.62B MXN1.96B MXN2.32B MXN
Capital Expenditure-929.3M MXN-1.23B MXN-713.7M MXN-934.8M MXN
Free Cash Flow210.3M MXN392.5M MXN1.25B MXN1.39B MXN
Dividends Paid0000
Stock-based Compensation1.57B MXN0721.5M MXN615.2M MXN

Growth & Margins (10y)

Year202020212022202320242025
Revenue Growth (YoY)+39.8%+35.9%+38.8%+30.3%+27.6%
Net Income Growth (YoY)-15.9%+33.3%+44.4%+209.2%-896.4%
EPS Growth (YoY)-6.0%+30.7%+45.8%+184.1%-859.2%
Shares Change (YoY)+0.0%+0.0%+0.0%+65.7%-17.5%
FCF Growth (YoY)+6.1%+19.0%+35.4%-2.3%-13.6%
Gross Margin11.6%13.0%13.1%16.0%16.3%16.2%
Operating Margin1.0%1.7%1.6%1.8%2.3%-0.7%
EBITDA Margin2.7%3.5%4.9%5.5%6.1%1.3%
Net Margin-4.3%-3.5%-1.7%-0.7%0.6%-3.6%
FCF Margin4.7%3.6%3.1%3.0%2.3%1.5%
Effective Tax Rate-0.4%-12.7%-55.4%-203.4%53.4%-18.5%

Per-Share Data (10y)

Year202020212022202320242025
FCF Per Share$9.32$9.89$11.77$15.94$9.40$9.85
Dividends Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Shares Outstanding (Basic)84.2M MXN84.2M MXN84.2M MXN84.2M MXN112.2M MXN115.0M MXN

What to look at in Consumer Defensive companies

Profitability

Return on Equity-72.30%
Return on Invested Capital-3.85%
Return on Assets-9.18%
Gross Margin16.37%
Operating Margin-0.94%
Net Margin-3.73%

Financial Health

Debt / Equity2.65
Current Ratio0.68
Piotroski F-Score4
Altman Z-Score3.29

Key Ratios (10y)

Year202020212022202320242025
P/E-41.52-40.26-55.17-88.78192.92-25.89
P/B0.00-7.38-6.62-5.8716.4216.74
P/S1.911.410.980.621.150.94
Gross Margin11.6%13.0%13.1%16.0%16.3%16.2%
Operating Margin1.0%1.7%1.6%1.8%2.3%-0.7%
Net Margin-4.3%-3.5%-1.7%-0.7%0.6%-3.6%

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Explore sector: Consumer Defensive · Discount Stores

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