1. Brazil Stocks

  2. •

    Utilities

  3. •

    Electric utilities
Equatorial S.A.

Equatorial S.A.

48.05
BRL
-0.66
(-1.35%)
1.03EPS
51.19P/E
49.00BMarket Cap
Nov 11Next Earn
Equatorial S.A.
B3:EQTL3F
(B3)

Recent

price

48.05

P/E

ratio

51.19

div

yld

8.19%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
BRL
3.28
3.58
3.09
4.71
6.77
7.08
7.79
8.8
11.01
18.45
17.59
23.86
23.67
34.42
33.32
39.15
40.55
Revenue per Share
0.52
0.29
0.15
0.07
0.64
0.81
0.71
1
0.92
2.37
2.92
3.73
1.24
1.81
2.25
1.33
0.76
Basic EPS, GAAP
-0.49
0.06
-0.57
-0.27
-0.74
0.39
-0.3
-0.2
1.64
-1.06
3.42
0.33
-1.14
3.72
3.38
3.13
2.33
Free Cash Flow per Basic Share
0.14
0.48
0.09
0.06
0.01
0.19
0.26
0.26
0.33
0.48
0.64
1.23
0.99
0.69
1.15
4.27
3.94
Dividend per Share
1.74
1.67
3.9
2.35
2.84
3.48
4.02
4.78
5.59
7.97
10.29
12.89
14.98
18.26
20.93
20.47
20.82
Book Value per Share
-1.19
-1.55
-3.57
-1.76
-1.38
-0.64
-0.62
-0.14
-0.45
-0.88
1.53
-3.11
-11.39
-8.97
-5.02
-4.75
-18.41
Tangible Book Value per Share
549
553
934
1,000
1,001
1,001
1,001
1,002
1,002
1,019
1,017
990
1,108
1,147
1,247
1,258
1,257
Basic Weighted Avg Shares
1,799
1,981
2,884
4,715
6,773
7,089
7,804
8,815
11,030
18,796
17,890
23,611
26,217
39,486
41,563
49,253
50,951
Sales/Revenue/Turnover
22.25
18.05
13.34
5.76
13.27
9.13
14.44
18.13
22.79
25.26
26.54
21.49
20.77
20.82
18.22
21.98
21.19
Operating Margin (%)
105
108
111
253
295
321
350
387
456
637
827
955
1,725
2,447
2,757
3,139
3,276
Depreciation Expense
286
160
136
69
638
808
712
997
918
2,416
2,975
3,695
1,374
2,076
2,812
1,678
958
Net Income, GAAP
16.9
19.02
33.47
- -
- -
14.38
16.85
2.9
10.38
26.21
20.89
- -
28.62
5.22
- -
17.18
20.66
Effective Tax Rate (%)
15.9
8.08
4.73
1.46
9.42
11.4
9.13
11.31
8.32
12.85
16.63
15.65
5.24
5.26
6.76
3.41
1.88
Profit Margin (%)
443
321
724
1,392
1,234
2,027
2,511
3,420
2,987
5,265
5,935
8,701
-411
9,804
8,922
8,801
9,558
Working Capital
850
1,089
2,257
3,050
3,404
3,082
3,847
5,772
8,732
14,941
14,693
21,847
30,465
41,279
49,539
50,145
59,557
LT Debt
1,271
1,259
2,516
2,848
3,446
4,229
4,872
5,748
6,553
9,773
12,278
14,604
18,567
25,284
29,888
28,328
28,715
Total Equity
13.79
11.56
6.56
- -
- -
7.07
10.33
11.43
11.47
13.69
12
- -
6.7
10.38
- -
6.36
5.27
Return on Invested Capital (%)
8.02
8.61
4.79
- -
- -
11.83
9.85
10.74
9.81
17.35
13.15
- -
5.59
8.04
- -
5.9
4.59
Return on Capital (%)
26.33
17.06
8.83
3.04
24.57
25.6
18.98
22.64
17.68
35.25
32.04
31.82
9.36
11.01
11.91
6.47
3.54
Return on Common Equity (%)

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4,426
4,696
3,910
LT Borrowings
50,058
52,158
59,476
LT Finance Leases
87
85
81
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,258
1,257
1,255
Market Capitalization
48,677
51,435
48,997

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
26,605
27,294
26,308
Cash, Cash Equivalents & STI
10,482
10,893
9,220
Accounts Receivable, Net
9,491
9,309
9,461
Inventories
291
302
303
Total Current Liabilities
17,804
17,523
16,750
Payables & Accruals
- -
- -
- -
ST Debt
4,426
4,696
3,910
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.72%
19.05%
-5.22%
Free Cash Flow
-272.23%
-203.73%
-6.51%
Net Income, GAAP
21.41%
1.52%
-40.31%
Sales/Revenue/Turnover
23.11%
23.48%
18.5%
Total Cash Common Dividend
55.14%
80.88%
274.69%

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,493
10,021
11,833
11,822
41,563
2025
10,767
11,793
13,403
12,634
49,253
2026
11,983
12,930
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.24
0.44
0.65
1.01
2.25
2025
0.44
0.86
0.37
-0.33
1.33
2026
0.34
0.39
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.48
0.34
0.39
1.15
2025
0.08
0.68
- -
3.51
4.27
2026
0.35
0.08
- -
- -
- -
Similar Companies
Vistra Corp. (NYSE:VST)
Constellation Energy Corporation (NASDAQ:CEG)
NextEra Energy, Inc. (NYSE:NEE)
Adani Energy Solutions Ltd (NSE:ADANIENSOL)
NTPC Limited (NSE:NTPC)
Power Grid Corporation of India Limited (NSE:POWERGRID)
Business
Equatorial S.A., formerly Equatorial Energia S.A., operates as a holding company focused on the electricity sector in Brazil through its subsidiaries, engaging in power generation, distribution, transmission, telecommunications, sanitation services, and photovoltaic installations for residential, commercial, industrial, and agribusiness customers; it generates energy from wind, biomass, solar, and thermal sources including the Tocantinopolis and Nova Onlinda thermo plants; and distributes electricity across multiple states via key subsidiaries such as Equatorial Maranhão (covering 217 municipalities), Equatorial Pará (144 municipalities), Equatorial Piauí, and Equatorial Alagoas. The company, founded in 1999 and headquartered in Brasília, conducts operations primarily in northern and northeastern Brazil, including Maranhão, Pará, Piauí, and Alagoas, serving millions of consumers with significant investments in network upgrades, such as R$1.146 million in Equatorial Maranhão and R$2.6 billion in Equatorial Pará in 2024; it also expanded into wastewater management, becoming Brazil's first multi-utility in the sector, and entered renewables through the acquisition of Echoenergia for solar and wind assets. Recent developments include a name change to Equatorial S.A. in August 2024; a strategic partnership with the International Finance Corporation in April 2025 featuring up to $250 million in loans, starting with a $100 million green loan to Equatorial Alagoas for energy loss reduction, service enhancements, and network expansions; and the April 2025 sale of its transmission unit, Equatorial Transmissão, to Verene Energia (backed by CDPQ) for up to R$9.4 billion, involving seven lines spanning over 2,400 km, alongside announcements to sell Echoenergia wind farms and the Amapá sanitation concessionaire.

Company News

Company News APIChatGPT

  • defenseworld.net

    Contrasting Equatorial Energia (OTCMKTS:EQUEY) & Ameren (NYSE:AEE)

  • seekingalpha.com

    Equatorial S.A. (EQUEY) Q2 2026 Earnings Call Transcript

  • seekingalpha.com

    Equatorial S.A. (EQUEY) Discusses Strategic Acquisition as Reference Investor in Copasa and Growth Opportunities Transcript

  • seekingalpha.com

    Equatorial S.A. (EQUEY) Q1 2026 Earnings Call Transcript

  • seekingalpha.com

    Equatorial S.A. (EQUEY) Q4 2025 Earnings Call Transcript