CompanyGraph
At a glance
- Depends onMidstream position: 6 outgoing, 4 incoming connections
- ScaleLevered free cash flow is -$464.27M, lower than 95% of all stocks globally
- PositionProfit margin is 4.6%, lower than 95% of its Infrastructure Operations peers (median 20.2%)
- Interpretations8 currently firing — 8
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
3.50%Below 5Y avg (6.73%)
Annual Rate
BRL 0.30Paid annual
Payout Ratio
76.9%Moderate
Payback Period
28.6 yr
Last Ex-Dividend
May 13, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
6.01BBRL1.17B · vs all stocks (USD)
Trailing P/E
10.47xvs Infrastructure Operations peers
Revenue (TTM)
11.89BBRL2.32B · vs all stocks (USD)
Profit Margin
4.59%vs Infrastructure Operations peers
Beta
0.5730xvs all stocks
52-Week Change
8.62%vs all stocks
Market Capitalization
6.01BBRL1.17B · vs all stocks (USD)
Enterprise Value
30.36BBRL5.92B · vs all stocks (USD)
Trailing P/E
10.47xvs Infrastructure Operations peers
Forward P/E
13.34xvs Infrastructure Operations peers
PEG Ratio
-0.1167xPrice to Sales (TTM)
0.4838xvs Infrastructure Operations peers
Price to Book (MRQ)
1.40xvs Infrastructure Operations peers
Enterprise to Revenue
2.55xvs Infrastructure Operations peers
Enterprise to EBITDA
5.77xvs Infrastructure Operations peers
Gross Margin
36.64%vs Infrastructure Operations peers
Profit Margin
4.59%vs Infrastructure Operations peers
Operating Margin
33.34%vs Infrastructure Operations peers
Return on Assets (TTM)
6.86%vs Infrastructure Operations peers
Return on Equity (TTM)
12.31%vs Infrastructure Operations peers
Revenue (TTM)
11.89BBRL2.32B · vs all stocks (USD)
Revenue per Share (TTM)
17.09BRLUpdated Sep 23, 2026Quarterly Revenue Growth
8.70%vs Infrastructure Operations peers
Gross Profit (TTM)
4.32BBRL843.61M · vs all stocks (USD)
EBITDA (TTM)
4.80BBRL935.72M · vs all stocks (USD)
Net Income (TTM)
546.75MBRL106.65M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
-89.70%vs Infrastructure Operations peers
Operating Cash Flow (TTM)
5.29BBRL1.03B · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-2.38BBRL-464.27M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.3024BRLUpdated Sep 23, 2026Trailing Annual Dividend Yield
3.50%vs all stocks
5-Year Average Dividend Yield
6.73%vs all stocks
Payout Ratio
76.93%vs Infrastructure Operations peers
Minority Interest (Equity)
271.57MBRLFY2025 · Dec 31, 2025Revenue
11.52BBRLFY2025 · Dec 31, 2025Cost of Goods Sold
7.06BBRLFY2025 · Dec 31, 2025Gross Profit
4.47BBRLFY2025 · Dec 31, 2025Operating Income
4.04BBRL788.77M · vs all stocks (USD)
Pre-tax Income
1.79BBRLFY2025 · Dec 31, 2025Income Tax Expense
925.73MBRLFY2025 · Dec 31, 2025Net Income
866.82MBRLFY2025 · Dec 31, 2025EBIT
3.77BBRLFY2025 · Dec 31, 2025EBITDA (Income Statement)
4.93BBRLFY2025 · Dec 31, 2025Selling, General & Administrative
393.28MBRLFY2025 · Dec 31, 2025Other Operating Expenses
28.13MBRLFY2025 · Dec 31, 2025Non-operating Interest Expense
1.98BBRLFY2025 · Dec 31, 2025Net Income from Continuing Operations
867.47MBRLFY2025 · Dec 31, 2025Minority Interests (P&L)
19.03MBRLFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00BRLFY2025 · Dec 31, 2025Operating Cash Flow
3.82BBRLFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
1.19BBRLFY2025 · Dec 31, 2025Starting Profit (CF Statement)
867.47MBRLFY2025 · Dec 31, 2025Other Non-cash Items
3.06BBRLFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-106.68MBRLFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
4.77MBRLFY2025 · Dec 31, 2025Net Intangibles (CF)
-6.58BBRLFY2025 · Dec 31, 2025Net Acquisitions
0.00BRLFY2025 · Dec 31, 2025Other Investing Activity
-297.68MBRLFY2025 · Dec 31, 2025Net Investing Cash Flow
-297.68MBRLFY2025 · Dec 31, 2025Long-term Debt Issuance
12.38BBRLFY2025 · Dec 31, 2025Long-term Debt Payments
-7.11BBRLFY2025 · Dec 31, 2025Common Dividends Paid
-214.72MBRLFY2025 · Dec 31, 2025Other Financing Charges
16.08MBRLFY2025 · Dec 31, 2025Net Financing Cash Flow
5.08BBRLFY2025 · Dec 31, 2025Shares Outstanding
695.62MSharesUpdated Sep 23, 2026Float Shares
329.01MSharesUpdated Sep 23, 2026% Held by Insiders
52.65%vs all stocks
% Held by Institutions
26.01%vs all stocks
Total Cash (MRQ)
4.89BBRL953.82M · vs all stocks (USD)
Total Cash per Share (MRQ)
7.03BRLUpdated Sep 23, 2026Total Debt (MRQ)
29.22BBRL5.70B · vs all stocks (USD)
Total Debt to Equity (MRQ)
6.64xvs Infrastructure Operations peers
Current Ratio (MRQ)
2.52xvs Infrastructure Operations peers
Book Value per Share (MRQ)
5.91BRLUpdated Sep 23, 2026Total Assets
37.10BBRL7.24B · vs all stocks (USD)
Total Current Assets
5.83BBRLFY2025 · Dec 31, 2025Total Liabilities
32.73BBRLFY2025 · Dec 31, 2025Total Non-current Assets
31.27BBRLFY2025 · Dec 31, 2025Total Non-current Liabilities
28.88BBRLFY2025 · Dec 31, 2025Total Current Liabilities
3.84BBRLFY2025 · Dec 31, 2025Cash
35.44MBRLFY2025 · Dec 31, 2025Cash Equivalents
1.15BBRLFY2025 · Dec 31, 2025Cash & Cash Equivalents
1.19BBRLFY2025 · Dec 31, 2025Other Short-term Investments
3.59BBRLFY2025 · Dec 31, 2025Accounts Receivable
611.06MBRLFY2025 · Dec 31, 2025Accounts Payable
586.09MBRLFY2025 · Dec 31, 2025Short-term Debt
1.93BBRLFY2025 · Dec 31, 2025Other Current Liabilities
174.19MBRLFY2025 · Dec 31, 2025Long-term Debt
24.72BBRLFY2025 · Dec 31, 2025Other Non-current Liabilities
3.04BBRLFY2025 · Dec 31, 2025Common Stock (Book)
2.05BBRLFY2025 · Dec 31, 2025Total Shareholders' Equity
4.37BBRL853.27M · vs all stocks (USD)
Treasury Stock
9.39MBRLFY2025 · Dec 31, 202552-Week Low
5.84BRLUpdated Sep 23, 202652-Week High
12.38BRLUpdated Sep 23, 202652-Week Change
8.62%vs all stocks
Beta
0.5730xvs all stocks
50-Day MA
7.13BRLUpdated Sep 23, 2026200-Day MA
8.75BRLUpdated Sep 23, 2026Avg 10-Day Volume
7.17MSharesUpdated Sep 23, 2026Avg 30-Day Volume
6.47MSharesUpdated Sep 23, 2026Diluted EPS (TTM)
0.7900BRLUpdated Sep 23, 20268 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsIs this company financially stable?
Debt Financing Activity
More cash moved through borrowing and repaying than through the business itself, and most of its debt is long-term.
Reads
Intangible Concentration
Much of what it owns is goodwill from past deals, large next to its equity.
Reads
How does this company use capital?
Diagnostic
Elevated ROE With High Debt-to-Equity and Equity Multiplier
Return on equity reads high on a balance sheet carrying a lot of debt against that equity.
Reads
Diagnostic
Rising Operating Income With Low Depreciation on a Capital-Heavy Balance Sheet
Operating income rose four years, with small depreciation on a capital-heavy balance sheet.
Reads
Operating Income Growing With Multi-Year Revenue Growth
Revenue up in each of five years, with operating income up in each of four.
Reads
Is this company growing?
Multi-Year Revenue, Profit, And Income Growth
Revenue has risen in each of three years, gross profit in each of four, and it has made a profit in all five.
Reads
Revenue Growth With Elevated Margin
Revenue up in each of five years, while its operating margin stays high.
Reads
Where is this company structurally exposed?
Elevated Leverage on Three Denominators
Debt sits high against its equity, its assets, and its cash flow.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Profit margin is 4.6%, lower than 95% of its Infrastructure Operations peers (median 20.2%)Significant
Profit margin: 0.05Industry median: 0.20Industry P5: 0.07Peers compared: 27.00
Debt-to-equity is 6.64×, higher than 95% of its Infrastructure Operations peers (median 0.97×)Significant
Debt-to-equity: 6.64Industry median: 0.97Industry P95: 2.25Peers compared: 27.00
Structural Tensions
Looks liquid, but the distress score says otherwiseNotable
Current Ratio: 2.52Altman Z-Score: 0.82
Financial Health
Altman Z-Score 0.82: distress zoneCritical
Altman Z-Score: 0.82
High earnings qualityNotable
Earnings Quality Score: 3.01
Supply Chain
Midstream position: 6 outgoing, 4 incoming connectionsNotable
Outgoing: 6.00Incoming: 4.00
High connectivity hub: 10 industry connectionsNotable
Total Connections: 10.00
Scale
Levered free cash flow is -$464.27M, lower than 95% of all stocks globallySignificant
Levered free cash flow (USD): -464,267,468.068Global P5: -202,685,365.334
Revenue is $2.32B, above the global median of $548.88MNotable
Revenue (USD): 2,319,464,314.921Global Median: 548,883,780.48
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Companies that share active interpretations — structural patterns currently present in both stocks.
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