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MGLU3 · B3 · Brazil · Comércio (Atacado e Varejo)
In shortMagazine Luiza S.A. is profitable, generates cash and carries moderate debt, with revenue stable (+1.7% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 5.0% | 33/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 0.5% | 22/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 1.8% | 9/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 9.3% | 62/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.15× | 30/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.44× | 87/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.91× | 88/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 0.68× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.29 | 5/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 38.3% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 72.47× | 100/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 8.7% | 79/100 |
| Operating margin volatility | 2.4% | 88/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 1.2% | 24/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
BRL millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 35,278 | 37,299 | 36,768 | 38,038 | 38,703 |
| Cost of revenue | 26,791 | 26,860 | 26,604 | 26,411 | 27,149 |
| Gross profit | 8,487 | 10,439 | 10,164 | 11,627 | 11,555 |
| Selling, general & admin | 8,223 | 9,275 | 9,580 | 9,839 | 10,053 |
| Operating income | 471 | 772 | (372) | 1,562 | 1,919 |
| Interest expense | 1,181 | 2,736 | 2,798 | 2,195 | 2,820 |
| Pre-tax income | (218) | (1,269) | (2,064) | 87 | (125) |
| Income tax | 809 | 770 | 1,085 | 361 | 330 |
| Net income | 591 | (499) | (979) | 449 | 205 |
| Diluted EPS | BRL0.09 | −BRL0.08 | −BRL0.15 | BRL0.61 | BRL0.26 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
1.29 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: CVM (dados.cvm.gov.br). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 12, 2026