CCU on NYSE

CCU

Logo: CCU, Public domain, via Wikimedia Commons⁴

Chilean producer of diversified beverages

Compañía Cervecerías Unidas S.A. (commonly abbreviated to CCU) is a Chilean producer of diversified beverages founded in 1902. The company produces both alcoholic and non-alcoholic beverages, also operating in the food sector.³ From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1902Founded¹

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TickerCCU on NYSE¹
Industrybrewing industry¹
HeadquartersSantiago¹
Websitewww.ccu.cl
Legal formsociedad anónima¹
Business addressAhumada 131, Santiago Chile, F3 00000⁵
Filer categoryLarge accelerated filer⁵

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CLP, the currency the company reports in.

Key numbers, fiscal 2024

45.2%Gross margin⁷

9.0%Operating margin⁷

6.1%Net margin⁷

13.2%Revenue growth, 2024⁷

10.6%Return on equity⁷

134.6B CLPFree cash flow⁷

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Country Of Chile brought in 64% of the revenue CCU broke down this way in fiscal 2025.

Country Of Chile1.9T CLP⁸64%up 5% from 2024
International Business780.3B CLP⁸26%down 8% from 2024
Wines276.5B CLP⁸9%down 2% from 2024

Business segments by year

Business segments	2023	2024	2025
Country Of Chile	1.8T CLP	1.8T CLP	1.9T CLP
International Business	586.5B CLP	850.1B CLP	780.3B CLP
Wines	252.8B CLP	282.6B CLP	276.5B CLP

Regions

National sales brought in 48% of the revenue CCU broke down this way in fiscal 2025.

National sales2.8T CLP⁸48%up 0% from 2024
Country Of Chile2.1T CLP⁸36%up 3% from 2024
Country Of Argentina630.5B CLP⁸11%down 9% from 2024
Exports Sales132.8B CLP⁸2%down 1% from 2024
Country Of Paraguay114.1B CLP⁸2%up 23% from 2024
Country Of Uruguay37.2B CLP⁸1%up 2% from 2024
Country Of Bolivia24.5B CLP⁸0%down 21% from 2024

Regions by year

Regions	2023	2024	2025
National sales	2.4T CLP	2.8T CLP	2.8T CLP
Country Of Chile	2.0T CLP	2.0T CLP	2.1T CLP
Country Of Argentina	479.8B CLP	696.0B CLP	630.5B CLP
Exports Sales	116.6B CLP	133.8B CLP	132.8B CLP
Country Of Paraguay	70.3B CLP	92.5B CLP	114.1B CLP
Country Of Uruguay	34.8B CLP	36.6B CLP	37.2B CLP
Country Of Bolivia	20.5B CLP	30.9B CLP	24.5B CLP

Where the money goes

Where each dollar of revenue went, fiscal 2024

Other costs

Other costs94¢2.7T CLP
Profit6¢176.5B CLP

Out of 2.9T CLP in revenue.⁷

Where each dollar of operating cash went, fiscal 2024

Capital spendingKept or used elsewhere

Capital spending53¢152.9B CLP
Kept or used elsewhere47¢134.6B CLP

Out of 287.5B CLP of cash from operations.⁷

Financial statements

Revenue⁹¹⁰¹¹¹²⁷2.9T CLP in 2024+63% since 2018

Gross profit⁹¹⁰¹¹¹²⁷1.3T CLP in 2024+42% since 2018

Operating income⁹¹⁰¹¹¹²⁷262.6B CLP in 2024−44% since 2018

Net income⁹¹⁰¹¹¹²⁷176.5B CLP in 2024−45% since 2018

Every line of the income statement in the latest annual report, as filed.⁸

Period ending	2025-12-31	2024-12-31	2023-12-31
Net sales	2.9T CLP	2.9T CLP	2.6T CLP
Cost of sales	-1.6T CLP	-1.6T CLP	-1.4T CLP
Gross margin	1.3T CLP	1.3T CLP	1.2T CLP
Others income by function	11.8B CLP	40.2B CLP	4.4B CLP
Distribution costs	-547.4B CLP	-536.4B CLP	-470.1B CLP
Administrative expenses	-205.9B CLP	-214.9B CLP	-197.3B CLP
Others expenses by function	-329.3B CLP	-339.8B CLP	-270.7B CLP
Other gains (losses)	-27.7B CLP	-94.9M CLP	-13.3B CLP
Income from operational activities	193.2B CLP	262.6B CLP	240.0B CLP
Finance income	27.5B CLP	38.1B CLP	39.4B CLP
Finance costs	-79.9B CLP	-97.2B CLP	-77.0B CLP
Share of net income (loss) of joint ventures and associates accounted for using the equity method	-14.4B CLP	-9.5B CLP	-19.2B CLP
Gains (losses) on exchange differences	1.5B CLP	-17.8B CLP	-65.9B CLP
Result as per adjustment units	-17.6B CLP	-10.7B CLP	-14.0B CLP
Income before taxes	110.2B CLP	165.5B CLP	103.2B CLP
Income tax (expense) benefit	27.1B CLP	11.0B CLP	15.3B CLP
Net income of year	137.3B CLP	176.5B CLP	118.4B CLP
Equity holders of the parent	117.2B CLP	160.9B CLP	105.7B CLP
Non-controlling interests	20.1B CLP	15.6B CLP	12.8B CLP
Net income of year	137.3B CLP	176.5B CLP	118.4B CLP
Continuing operations	317.05 CLP	435.57 CLP	285.93 CLP
Continuing operations	317.05 CLP	435.57 CLP	285.93 CLP

Total assets¹³⁹¹⁰¹¹¹²⁷4.0T CLP in 2024+66% since 2018

Total liabilities¹³⁹¹⁰¹¹¹²⁷2.3T CLP in 2024+128% since 2018

Shareholders’ equity¹⁰¹¹¹²⁷1.7T CLP in 2024+20% since 2018

Cash¹⁰¹¹¹²⁷707.1B CLP in 2024+122% since 2018

Every line of the balance sheet in the latest annual report, as filed.⁸

Period ending	2025-12-31	2024-12-31	2023-12-31
Cash and cash equivalents	519.2B CLP	707.1B CLP	618.2B CLP
Others financial assets	9.9B CLP	11.9B CLP
Others non-financial assets	33.3B CLP	31.1B CLP
Trade and other current receivables	473.7B CLP	506.7B CLP
Accounts receivable from related parties	16.1B CLP	15.5B CLP
Inventories	424.3B CLP	459.4B CLP
Biological assets	16.7B CLP	16.9B CLP
Current tax assets	17.7B CLP	19.7B CLP
Total current assets other than non-current assets of disposal groups classified as held for sale	1.5T CLP	1.8T CLP
Non-current assets of disposal groups classified as held for sale	167.9M CLP	3.0B CLP
Total Non-current assets of disposal groups classified as held for sale	167.9M CLP	3.0B CLP
Total current assets	1.5T CLP	1.8T CLP
Others financial assets	26.1B CLP	30.1B CLP
Others non-financial assets	8.4B CLP	13.7B CLP
Trade and other non-current receivables	5.0B CLP	6.0B CLP
Accounts receivable from related parties	1.1B CLP	844.3M CLP
Investments accounted for using equity method	143.5B CLP	139.7B CLP	149.6B CLP
Intangible assets other than goodwill	236.9B CLP	244.6B CLP	153.1B CLP
Goodwill	148.6B CLP	161.6B CLP
Property, plant and equipment (net)	1.5T CLP	1.5T CLP	1.3T CLP
Investment property	11.1B CLP	12.7B CLP	8.1B CLP
Right of use assets	47.8B CLP	45.0B CLP
Deferred tax assets	45.8B CLP	41.5B CLP
Total non-current assets	2.1T CLP	2.2T CLP
Total Assets	3.6T CLP	4.0T CLP
Others financial liabilities	188.8B CLP	156.2B CLP
Current lease liabilities	9.7B CLP	9.5B CLP
Trade and other current payables	460.6B CLP	514.9B CLP
Accounts payable to related parties	24.5B CLP	36.4B CLP
Other current provisions	3.2B CLP	2.5B CLP
Current tax liabilities	18.9B CLP	41.1B CLP
Provisions for employee benefits	48.5B CLP	48.5B CLP
Others non-financial liabilities	41.5B CLP	51.0B CLP
Total current liabilities	795.7B CLP	860.0B CLP
Others financial liabilities	1.0T CLP	1.2T CLP
Non-current lease liabilities	42.2B CLP	39.8B CLP
Trade and other non-current payables		45.3M CLP
Accounts payable to related parties	2.0B CLP
Other non-current provisions	1.9B CLP	2.8B CLP
Deferred taxes liabilities	89.0B CLP	128.0B CLP
Provisions for employee benefits	53.4B CLP	48.0B CLP
Others non-current non-financial liabilities	3.9B CLP	4.4B CLP
Total non-current liabilities	1.2T CLP	1.5T CLP
Total Liabilities	2.0T CLP	2.3T CLP
Paid-in capital	562.7B CLP	562.7B CLP
Other reserves	-112.9B CLP	-3.3B CLP
Retained earnings	1.0T CLP	965.8B CLP
Total equity attributable to equity holders of the parent	1.5T CLP	1.5T CLP
Non-controlling interests	144.5B CLP	147.3B CLP
Total Shareholders' Equity	1.6T CLP	1.7T CLP	1.3T CLP
Total Liabilities and Shareholders' Equity	3.6T CLP	4.0T CLP

Cash from operations⁹¹⁰¹¹¹²⁷287.5B CLP in 2024−33% since 2018

Capital spending⁹¹⁰¹¹¹²⁷152.9B CLP in 2024+19% since 2018

Free cash flow⁹¹⁰¹¹¹²⁷134.6B CLP in 2024−55% since 2018

Every line of the cash flow in the latest annual report, as filed.⁸

Period ending	2025-12-31	2024-12-31	2023-12-31
Proceeds from goods sold and services rendered	3.8T CLP	3.9T CLP	3.4T CLP
Collections from royalties, fees and commissions	216.4M CLP	157.9M CLP	246.2M CLP
Others proceeds from operating activities	55.4B CLP	57.7B CLP	37.7B CLP
Payments of operating activities	-2.6T CLP	-2.7T CLP	-2.3T CLP
Payments relating royaties, fees and commissions	-40.3B CLP	-23.3B CLP	-19.8B CLP
Payments of salaries	-420.5B CLP	-422.1B CLP	-347.1B CLP
Others payments for operating activities	-432.9B CLP	-454.5B CLP	-425.0B CLP
Cash flow from operations	335.3B CLP	337.9B CLP	325.4B CLP
Dividends received	910.2M CLP	942.9M CLP	1.2B CLP
Interest paid	-55.0B CLP	-68.8B CLP	-70.5B CLP
Interest received	27.5B CLP	38.0B CLP	38.5B CLP
Income tax paid	-57.6B CLP	-14.7B CLP	-9.0B CLP
Other cash movements	-12.2B CLP	-5.8B CLP	8.3B CLP
Net cash inflows from operating activities	239.1B CLP	287.5B CLP	294.1B CLP
Cash flows used to obtain control of subsidiaries or others businesses		-551.6M CLP	-2.0B CLP
Loan to related entities			-1.2B CLP
Repayment of loan by related entities	966.4M CLP	572.3M CLP	1.2B CLP
Others payments to acquire interests in joint ventures	-11.0B CLP	-10.7B CLP	-7.1B CLP
Proceeds from sales of property, plan and equipment	2.9B CLP	52.4B CLP	1.2B CLP
Purchase of property, plant and equipment	-142.4B CLP	-152.9B CLP	-124.4B CLP
Purchases of intangibles assets	-14.5B CLP	-7.2B CLP	-5.0B CLP
Other cash movements	-324.9M CLP
Net cash (outflow) from investing activities	-164.3B CLP	-118.3B CLP	-137.2B CLP
Collections from changes in ownership interests in subsidiaries that do not result in loss of control		17.1B CLP
Payments from changes in ownership interests in subsidiaries that do not result in loss of control		-32.3B CLP	-3.2B CLP
Proceeds from long-term loans and bonds			8.2B CLP
Proceeds from short-term loans and bonds	207.0B CLP	52.9B CLP	68.9B CLP
Total proceeds from loans and bonds	207.0B CLP	52.9B CLP	77.1B CLP
Loan from related entities	2.0B CLP
Loan and bonds payments	-328.7B CLP	-74.3B CLP	-159.4B CLP
Proceeds from issuing shares	230.1M CLP	2.7B CLP	2.8B CLP
Payments of lease liabilities	-12.4B CLP	-16.3B CLP	-10.7B CLP
Dividends paid	-78.3B CLP	-81.8B CLP	-65.6B CLP
Other cash movements	3.6B CLP	6.8B CLP	41.0B CLP
Net cash (outflow) from financing activities	-206.6B CLP	-125.0B CLP	-118.0B CLP
Net (decrease) increase in cash and cash equivalents	-131.8B CLP	44.2B CLP	38.8B CLP
Effects of exchange rate changes on cash and cash equivalents	-56.1B CLP	44.8B CLP	-17.8B CLP
Increase (decrease) in cash and cash equivalents	-187.9B CLP	89.0B CLP	21.1B CLP

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Products and brands

beer

Listed on Wikidata.¹

Former names

UNITED BREWERIES COMPANY INCFeb 6, 2001 to Mar 5, 2001⁵

Timeline

1902Founded Founded¹

Recent filings

Aug 6, 20266-K
Aug 5, 20266-K
Jun 5, 20266-K
May 29, 20266-K
May 7, 20266-K
May 7, 20266-K
Apr 29, 202620-F
Apr 16, 20266-K
Apr 16, 20266-K
Apr 1, 20266-K
Mar 31, 20266-K
Mar 11, 20266-K
Mar 4, 20266-K
Feb 27, 20266-K
Feb 25, 20266-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.²

Sources

The numbers on this page point here. Each one links to the record it came from.

1
WikidataCCU on Wikidata
2
SEC EDGARCCU filings on SEC EDGAR
3
WikipediaCCU on Wikipedia
4
Wikimedia CommonsCCU logo by CCU, Public domain
5
SEC EDGARCCU filings on SEC EDGAR
6
Wikimedia CommonsCCU photo by Carlos yo, CC BY-SA 4.0
7
SEC EDGARCCU 10-K for fiscal 2024
8
SEC EDGARCCU 20-F for fiscal 2025: revenue by segment
9
SEC EDGARCCU 10-K for fiscal 2018
10
SEC EDGARCCU 10-K for fiscal 2019
11
SEC EDGARCCU 10-K for fiscal 2020
12
SEC EDGARCCU 10-K for fiscal 2021
13
SEC EDGARCCU 10-K for fiscal 2018