Companhia de Saneamento Basico do Estado de Sao Paulo SABESP

Companhia de Saneamento Basico do Estado de Sao Paulo SABESP

31.64
BRL
-0.36
(-1.12%)
2.31EPS
12.90P/E
104.40BMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.21
3.18
3.32
4
4.14
4.56
5.1
5.05
5.53
6.26
7.47
10.56
11.12
11.71
Basic EPS, GAAP
0.55
0.26
0.15
0.84
0.71
0.8
0.96
0.28
0.65
0.89
1.03
2.8
2.47
2.31
Free Cash Flow per Basic Share
0.13
-0.08
0.05
0.25
0.38
0.47
1.17
1.4
1.1
1.1
0.21
-0.18
-1.57
-0.27
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.67
3.77
3.89
4.37
4.97
5.55
6.14
6.47
7.07
7.76
8.47
10.48
12.09
12.88
Tangible Book Value per Share
-3.1
-3.6
-4.2
-4.49
-4.53
-2.68
-3.03
-3.28
-3.25
-3.38
-3.98
-2.19
-2.29
-1.47
Basic Weighted Avg Shares
3,525
3,525
3,525
3,525
3,525
3,525
3,525
3,525
3,525
3,525
3,423
3,423
3,425
3,491
Sales/Revenue/Turnover
11,316
11,213
11,712
14,098
14,608
16,085
17,984
17,798
19,491
22,056
25,572
36,145
38,092
40,874
Operating Margin (%)
27.72
17.06
25.9
24.13
26.97
32
31.63
25.04
20.79
20.67
24.53
42.62
32.51
31.2
Depreciation Expense
871
1,004
1,074
1,147
1,302
1,393
1,780
2,037
2,253
2,451
2,791
2,677
2,209
2,518
Net Income, GAAP
1,924
903
536
2,947
2,519
2,835
3,368
973
2,306
3,121
3,524
9,580
8,462
8,057
Effective Tax Rate (%)
27.57
29.17
8.72
28.63
28.09
27.53
28.01
26.6
27.26
26.95
25.88
29.78
27.69
24.92
Profit Margin (%)
17
8.05
4.58
20.9
17.25
17.63
18.73
5.47
11.83
14.15
13.78
26.5
22.21
19.71
Working Capital
282
-265
-290
-479
-198
204
-1,557
541
1,410
627
-624
-1,363
2,004
7,649
LT Debt
8,809
9,579
11,595
10,718
10,354
11,049
10,385
14,224
15,893
16,713
16,920
22,124
35,050
46,368
Total Equity
12,931
13,304
13,717
15,419
17,513
19,552
21,636
22,794
24,932
27,334
29,857
36,928
42,401
45,310
Return on Invested Capital (%)
10.63
5.8
10.87
8.98
9.93
11.97
12.09
8.74
7.16
7.58
9.75
19.33
12.49
12.85
Return on Capital (%)
10.58
5.36
3.88
12.36
9.87
10.27
11.37
4.07
6.87
9.02
9.55
19.43
15.15
12.9
Return on Common Equity (%)
15.91
6.88
3.97
20.23
15.3
15.3
16.35
4.38
9.66
11.94
12.32
28.69
21.33
18.82

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,093
4,873
5,290
LT Borrowings
34,930
46,649
46,368
LT Finance Leases
120
121
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,507
3,601
3,507
Market Capitalization
93,822
114,139
104,398

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
18,557
25,949
23,894
Cash, Cash Equivalents & STI
12,371
19,182
17,441
Accounts Receivable, Net
4,413
4,572
3,945
Inventories
22
126
74
Total Current Liabilities
16,553
14,922
16,245
Payables & Accruals
7,910
5,869
6,839
ST Debt
5,093
4,873
5,290
Deferred Revenue
- -
- -
37

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.04%
13.35%
14.82%
Free Cash Flow
107.36%
93.83%
759.16%
Net Income, GAAP
74.06%
69.07%
-11.67%
Sales/Revenue/Turnover
13.02%
17.07%
5.39%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,560
6,749
14,997
7,839
36,145
2025
8,426
8,965
9,425
11,276
38,092
2026
9,965
10,208
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.23
0.34
1.73
0.41
2.8
2025
0.43
0.62
0.61
0.78
2.47
2026
0.5
0.42
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Carlos Augusto Leone Piani
Full Time Employees
8,717
Sector
Utilities
Industry
Water utilities
Address
Rua Costa Carvalho, 300 São Paulo SP Brazil 05429-900
IPO Date
Jun 4, 2007
Business
Companhia de Saneamento Básico do Estado de São Paulo (Sabesp) is a leading Brazilian water and sewage utility company providing comprehensive water supply, sewage collection and treatment services, urban rainwater management, drainage, urban cleaning, and solid waste management services. Its core operations encompass water extraction, treatment, and distribution; sanitary sewage services; industrial wastewater treatment; and energy commercialization related to its infrastructure. Sabesp serves over 375 municipalities within the state of São Paulo, including the metropolitan area, Baixada Santista, and Vale do Ribeira regions, providing water supply to approximately 28.1 million people and sewage services to over 25 million people. The company also offers advisory services and manages extensive infrastructure comprising reservoirs, water treatment plants, and distribution networks. Founded in 1973 and headquartered in São Paulo, Brazil, Sabesp has expanded through acquisitions and strategic initiatives. Notably, in 2025, Sabesp announced the acquisition of EMAE (Empresa Metropolitana de Águas e Energia SA), a hydroelectric power generation company with operations in São Paulo and surrounding regions, marking Sabesp's entry into the electric power sector and strengthening its water security through integrated resource management. Additionally, Sabesp secured its first concession awarded by competitive bidding for sanitation services in Olímpia municipality, reflecting a strategic shift towards expanding its footprint via concession contracts. The company is also executing a significant modernization plan with a capital investment program of R$70 billion through 2029, including the deployment of IoT-enabled smart water meters, artificial intelligence for operations monitoring and leakage detection, 3D printing for parts manufacturing, ultrafiltration water treatment systems, and sustainable odor control technologies at sewage stations. Sabesp focuses on serving residential, commercial, industrial, and government customers across its operating regions in the state of São Paulo. Its investments target expanding infrastructure capacity for water supply and sewage treatment to meet growing demand and regulatory requirements, supported by a detailed capital expenditure plan of approximately R$23.8 billion for 2022–2026. The company also undertakes energy commercialization activities linked to its water and sewage operations, leveraging renewable energy sources through its expanded asset base. Sabesp's operations and strategic initiatives underscore its role as one of the world's largest sanitation companies by population served, emphasizing sustainability, innovation, and integrated resource management in its business model.

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