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EDN · NYSE · United States · Electric Services
In shortEDENOR is profitable, burns cash and carries moderate debt, with revenue growing (+33.8% 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. | 2.1% | 24/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 13.4% | 74/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 20.0% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 1.7% | 11/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.89× | 7/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.31× | 94/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.26× | 50/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 0.12× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 0.72 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -5.6% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -0.42× | 0/100 |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 2 of 5 | 40/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 59.5% | 0/100 |
| Operating margin volatility | 9.9% | 19/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 43.7% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
ARS millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 268,389 | 688,502 | 1,395,852 | 1,526,735 | 2,043,127 |
| Gross profit | 39,738 | 88,494 | 50,824 | 60,376 | 394,596 |
| Operating income | (58,533) | (26,666) | (211,907) | (260,851) | 42,073 |
| Interest expense | 27,263 | 163,544 | 595,224 | 695,612 | 340,412 |
| Pre-tax income | (62,489) | (34,635) | (17,879) | 396,720 | 193,278 |
| Income tax | (10,472) | 94,840 | 26,135 | 205,333 | (78,850) |
| Net income | (51,793) | (128,687) | (46,897) | 189,338 | 274,401 |
| Diluted EPS | −ARS20.23 | −ARS147.97 | −ARS50.30 | ARS218.73 | ARS311.00 |
| Diluted shares (millions) | 0 | 875 | 875 | 875 | 875 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
0.72 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
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: SEC EDGAR. 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 Apr 22, 2025