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POPULAR M/I 6.375A PFD (BPOPO) Financials

BPOPO
Trailing 12 months to June 30, 2026
Revenue $3.4B +9.9% YoY
Net Income $969.1M +34.4% YoY
EPS (Diluted) $14.79 +43.3% YoY
Free Cash Flow $807.2M +27.4% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BPOPO SEC filings page.

POPULAR M/I 6.375A PFD (BPOPO) reported $3.4B in revenue over the twelve months to Jun 30, 2026, up 9.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BPOPO FY2025

A highly leveraged balance sheet converts earnings into cash, while funding costs remain central to the business model.

In FY2023, interest expense was $1.11B against net income of $541M, making financing cost a dominant determinant of reported profit. By FY2025, net income had recovered to $833M while interest expense remained $1.24B; the rebound therefore did not come from a lighter funding burden.

The balance sheet is structurally liability-funded: FY2025 total liabilities were $69.1B against $6.25B of equity. At 11.1x debt-to-equity, that structure magnifies earnings recovery and sensitivity to financing costs.

Operating cash flow rose from $675M in FY2024 to $878M in FY2025, tracking the earnings recovery rather than lagging it. Free cash flow was $681M after $197M of capital expenditures, showing that reinvestment absorbs a meaningful but not dominant share of internally generated cash.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

POPULAR M/I 6.375A PFD does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial
6/6

POPULAR M/I 6.375A PFD passes 6 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.05x

For every $1 of reported earnings, POPULAR M/I 6.375A PFD generates $1.05 in operating cash flow ($878.4M OCF vs $833.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$874.0M
YoY+9.2%
QoQ+4.6%
5Y CAGR+6.4%
10Y CAGR+6.4%

POPULAR M/I 6.375A PFD generated $874.0M in revenue in Q2 2026. This represents an increase of 9.2% from the same quarter a year earlier. Against the prior quarter it is up 4.6%.

Net Income
$278.2M
YoY+32.2%
QoQ+13.2%
5Y CAGR+5.0%
10Y CAGR+12.1%

POPULAR M/I 6.375A PFD reported $278.2M in net income in Q2 2026. This represents an increase of 32.2% from the same quarter a year earlier. Against the prior quarter it is up 13.2%.

EPS (Diluted)
$4.35
YoY+40.8%
QoQ+15.1%
5Y CAGR+10.3%
10Y CAGR+17.7%

POPULAR M/I 6.375A PFD earned $4.35 per diluted share (EPS) in Q2 2026. This represents an increase of 40.8% from the same quarter a year earlier. Against the prior quarter it is up 15.1%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow
$290.0M
YoY+46.3%
QoQ+87.2%
5Y CAGR+1.4%
10Y CAGR+6.0%

POPULAR M/I 6.375A PFD generated $290.0M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 46.3% from the same quarter a year earlier. Against the prior quarter it is up 87.2%.

Cash & Debt
$375.0M
YoY-8.8%
QoQ-5.0%
5Y CAGR-6.9%

POPULAR M/I 6.375A PFD held $375.0M in cash as of Q2 2026; long-term debt is not reported for that period.

Dividends Per Share
$0.75
YoY+7.1%
QoQ0.0%
5Y CAGR+10.8%
10Y CAGR+17.5%

POPULAR M/I 6.375A PFD paid $0.75 per share in dividends in Q2 2026. This represents an increase of 7.1% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding
64M
YoY-5.6%
QoQ-1.2%
5Y CAGR-4.6%
10Y CAGR-4.7%

POPULAR M/I 6.375A PFD had 64M shares outstanding in Q2 2026. This represents a decrease of 5.6% from the same quarter a year earlier. Against the prior quarter it is down 1.2%.

Margins & Returns

Net Margin
31.8%
YoY+5.5pp
QoQ+2.4pp
5Y change-2.1pp
10Y change+12.9pp

POPULAR M/I 6.375A PFD's net profit margin was 31.8% in Q2 2026, showing the share of revenue converted to profit. This is up 5.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.4 percentage points.

Return on Equity
4.3%
YoY+0.8pp
QoQ+0.4pp
5Y change+0.6pp
10Y change+2.7pp

POPULAR M/I 6.375A PFD's ROE was 4.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures
$57.1M
YoY+27.8%
QoQ+55.7%
5Y CAGR+25.1%
10Y CAGR+10.0%

POPULAR M/I 6.375A PFD invested $57.1M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 27.8% from the same quarter a year earlier. Against the prior quarter it is up 55.7%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

BPOPO Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BPOPO quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$874.0M+9.2%$835.8M+10.3%$823.8M+9.1%$817.7M+11.0%$800.0M+8.9%$757.7M+6.0%$755.5M+7.5%$736.6M+6.2%
SG&A Expenses$229.0M-0.1%$216.1M+1.6%$230.2M+11.8%$233.0M+15.4%$229.4M+16.2%$212.7M-1.2%$205.8M+5.7%$201.9M+4.5%
Interest Expense$288.2M-7.7%$277.0M-11.0%$297.9M-9.4%$320.1M-12.3%$312.3M-11.7%$311.4M-9.3%$329.0M-1.3%$365.0M+17.4%
Income Tax$45.7M-4.5%$46.9M+4.2%$44.7M+1.8%$36.0M-15.3%$47.9M+18.4%$45.1M-18.9%$43.9M+3069.3%$42.5M-7.4%
Net Income$278.2M+32.2%$245.7M+38.4%$233.9M+31.5%$211.3M+36.1%$210.4M+18.4%$177.5M+71.9%$177.8M+88.0%$155.3M+13.7%
EPS (Basic)$4.35+40.8%$3.78+47.7%$3.53+41.2%$3.15+45.8%$3.09+25.1%$2.56+79.0%$2.50+90.8%$2.16+13.7%
EPS (Diluted)$4.35+40.8%$3.78+47.7%$3.52+40.2%$3.14+45.4%$3.09+25.6%$2.56+79.0%$2.51+91.6%$2.16+13.7%
Diluted Shares (Avg)64M-6.1%65M-6.4%N/A67M-6.6%68M-5.4%69M-3.7%N/A72M0.0%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

BPOPO Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BPOPO quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$79.0B+3.8%$76.1B+2.8%$75.3B+3.2%$75.1B+5.2%$76.1B+4.4%$74.0B+4.4%$73.0B+3.2%$71.3B+2.3%
Cash & Equivalents$375.0M-8.8%$394.7M+1.1%$413.0M-3.8%$387.3M-11.1%$411.0M+11.9%$390.6M+19.0%$429.4M+0.4%$435.7M-19.5%
Short-Term Investments$0$0$0$0$0$0$0$0
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$790.0M-1.6%$790.0M-1.6%$790.0M-1.6%$790.0M-1.8%$803.0M-0.2%$803.0M-0.2%$803.0M-0.2%$804.4M0.0%
Total Liabilities$72.5B+3.5%$69.8B+2.3%$69.1B+2.5%$69.0B+5.2%$70.1B+3.9%$68.2B+3.8%$67.4B+2.8%$65.5B+0.4%
Total Equity$6.4B+8.0%$6.3B+8.8%$6.2B+11.3%$6.1B+5.6%$6.0B+10.8%$5.8B+12.0%$5.6B+9.1%$5.8B+29.9%
Retained Earnings$5.6B+15.9%$5.4B+15.0%$5.2B+13.9%$5.0B+11.7%$4.9B+10.9%$4.7B+10.5%$4.6B+9.0%$4.5B+7.3%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

BPOPO Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BPOPO quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$347.1M+42.9%$191.6M+11.4%$268.5M+34.6%$195.0M-16.4%$242.9M+202.0%$172.1M+6.5%$199.5M-6.6%$233.2M+91.7%
Capital Expenditures$57.1M+27.8%$36.7M-28.8%$47.4M-21.5%$53.9M-6.6%$44.7M+7.6%$51.5M-4.4%$60.3M-19.0%$57.7M+19.5%
Free Cash Flow$290.0M+46.3%$154.9M+28.5%$221.1M+58.9%$141.1M-19.6%$198.3M+409.4%$120.5M+11.9%$139.2M0.0%$175.6M+139.1%
Investing Cash Flow-$3.1B-77.0%-$1.1B-23.6%$79.2M+105.6%$826.0M-56.0%-$1.8B-2.7%-$886.9M-148.2%-$1.4B-160.3%$1.9B+92.6%
Financing Cash Flow$2.8B+78.8%$886.6M+31.1%-$321.9M-126.4%-$1.0B+48.9%$1.6B-7.9%$676.1M+600.2%$1.2B+454.7%-$2.0B-96.8%
Dividends Paid$49.0M+0.5%$49.9M+0.1%$50.7M+12.8%$48.2M+6.3%$48.8M+7.9%$49.9M+10.9%$45.0M+12.0%$45.3M+13.6%
Share BuybacksN/AN/AN/A-$119.7M+102.4%N/AN/A$283.2M-$59.1M

Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation.

BPOPO Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BPOPO quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Net Margin31.8%+5.5pp29.4%+6.0pp28.4%+4.8pp25.8%+4.8pp26.3%+2.1pp23.4%+9.0pp23.5%+10.1pp21.1%+1.4pp
Return on Equity4.3%+0.8pp3.9%+0.8pp3.7%+0.6pp3.5%+0.8pp3.5%+0.2pp3.1%+1.1pp3.2%+1.3pp2.7%-0.4pp
Return on Assets0.4%+0.1pp0.3%+0.1pp0.3%+0.1pp0.3%+0.1pp0.3%0.0pp0.2%+0.1pp0.2%+0.1pp0.2%0.0pp
Debt-to-Equity11.28-0.5x11.06-0.7x11.06-1.0x11.270.0x11.78-0.8x11.77-0.9x12.01-0.7x11.32-3.3x
Asset Turnover0.010.0x0.010.0x0.010.0x0.010.0x0.010.0x0.010.0x0.010.0x0.010.0x
FCF Margin33.2%+8.4pp18.5%+2.6pp26.8%+8.4pp17.3%-6.6pp24.8%+19.5pp15.9%+0.8pp18.4%-1.4pp23.8%+13.3pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Frequently Asked Questions

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