Context: How Bolsa de Valores de Lima works, and what it makes issuers disclose · Peru on the LatAm Power Map
| Full name | Ferreycorp S.A.A. |
| Tickers / exchange | FERREYC1 (Lima Stock Exchange, BVL) |
| Headquarters | Santiago de Surco, Lima, Peru |
| Sector | Distribution of heavy machinery and equipment |
| Employees | About 7,000 |
| Yearly sales (revenue), 2024 | S/7,590m (US$2,014m, company figure) |
| Net profit, 2024 | S/489m (US$143m, our calculation at FX) |
| Net margin | ~6.4% (our calculation) |
| Return on equity | ~16% (return on owners’ money) |
| Dividend yield | ~11% (cash paid out vs. share price) |
| Website | ferreycorp.com.pe |
What it is
Ferreycorp is Peru’s main importer and seller of heavy machinery. It is the country’s leading group in capital goods, built on selling Caterpillar — the brand made up 75% of its sales in 2023 — which holds roughly 50% of the Peruvian market in mining and construction.
Think of it as a middleman with deep roots: it imports the machines, then earns steadily for years selling the spare parts, repairs and rentals that keep them running. The company distributes machinery, engines, spare parts and lubricants, and runs maintenance, repair, storage, workshop and equipment-rental businesses.
Who owns it
There is no controlling family or state owner. The biggest holders are Peru’s private pension funds, so ownership is spread widely and the free float is large.
Its share register is led mainly by the pension funds run by Profuturo (Scotiabank group), Prima (Credicorp group) and Integra (SURA group). Capital is S/946,063,288, (US$277 mn)split into the same number of shares of S/1 (US$0.29)each, all carrying equal rights.
Who runs it
The chief executive is Mariela García Figari de Fabbri, a long-serving company insider. The chief financial officer is Patricia Gastelumendi, and investor relations is led by Milagros Benavides.
Andreas von Wedemeyer Knigge was ratified as chairman of the board on 29 March 2023. The company was founded in Lima in September 1922 as Enrique Ferreyros y Cía., a partnership that began in everyday consumer goods.
The money, in plain words
2024 was a record year for sales. Ferreycorp reached record sales of S/7,590 million (US$2.2 bn) in 2024, 8.5% higher than the year before, or US$2,014 million, an 8% rise in dollar terms.
The business is high-volume and thin-margin: it keeps about 6 cents of profit from every sol of sales — a net profit margin near 6.4% (our calculation). That is normal for a distributor, where the money is made on turning over a lot of stock rather than on fat mark-ups.
The return is better than the margin suggests. Return on equity — what it earns on owners’ money — is about 15.9%, with net margins around 6.1%.
So for every sol owners put in, it earns about 16 back a year.
For income investors, the standout is the payout. The stock pays an annual dividend that works out to a yield of about 11% — high, reflecting both generous distributions and a modest share price.
What it is doing now
Growth has slowed and margins are under pressure. Full-year 2025 revenue rose 3% to S/7.8 billion (about US$2,282 million at the given rate), but fourth-quarter operating profit fell 36% from a year earlier to S/131 million (about US$38 million).
Even so, profitability held up. The company reported a return on invested capital of 8.9% and a return on equity of 16.2% for the period.
What to watch
Ferreycorp lives and dies with mining and construction. A weaker mining or construction sector would directly hurt its results, since its sales are tightly tied to both.
Two near-term risks stand out: Peru’s politics, with elections approaching in April 2026 with over 30 presidential candidates, and the squeeze on profit margins shown in the latest quarter. The big dividend is attractive, but it rests on cyclical demand for copper and concrete.
Sources
This is news, not investment advice.
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