Telefonica Brasil S.A.

Telefonica Brasil S.A.

10,610.00
ARS
-50.00
(-0.47%)
639.35EPS
16.51P/E
31.29TMarket Cap
Nov 10Next 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
24.41
24.6
19.22
20.28
13.78
20.73
21.12
13.76
14.14
15.49
16.91
18.32
19.88
20.83
Basic EPS, GAAP
2.61
3.47
1.63
1.95
1.47
4.26
2.39
1.52
2
1.32
1.63
1.82
2.06
2.23
Free Cash Flow per Basic Share
2.63
1.3
1.48
1.89
1.36
1.63
4.24
3.53
2.82
2.92
3.24
3.46
3.76
3.62
Dividend per Share
3.19
1.72
1.75
1.42
1.17
1.97
2.95
1.68
1.57
1.84
1.24
0.83
0.73
0.95
Book Value per Share
30.15
31.59
32.71
33.03
33.13
34.16
33.61
22.19
22.46
22.15
22.67
23.09
23.16
22.12
Tangible Book Value per Share
9.41
9.6
10.95
11.81
12.46
14.02
13.92
9.24
8.29
6.05
6.71
7.11
7
6.17
Basic Weighted Avg Shares
1,423
1,423
2,096
2,096
3,136
2,096
2,096
3,135
3,114
3,102
3,082
3,048
2,998
2,966
Sales/Revenue/Turnover
34,722
35,000
40,287
42,508
43,207
43,463
44,268
43,126
44,033
48,041
52,100
55,845
59,595
61,774
Operating Margin (%)
13.61
14.16
14.65
15.53
17.02
21.14
16.4
13.6
15.29
13.28
14.98
15.97
16.61
17.07
Depreciation Expense
5,643
5,296
6,815
7,654
7,854
8,369
10,920
11,227
12,038
12,660
13,390
14,202
14,944
15,408
Net Income, GAAP
3,716
4,937
3,420
4,085
4,609
8,928
5,001
4,771
6,239
4,085
5,029
5,548
6,168
6,599
Effective Tax Rate (%)
20.3
- -
22.15
20.44
19.58
20.83
21.79
20.6
- -
16.01
9.58
17.84
15.04
15.15
Profit Margin (%)
10.7
14.1
8.49
9.61
10.67
20.54
11.3
11.06
14.17
8.5
9.65
9.93
10.35
10.68
Working Capital
2,168
-494
-72
-2,040
-1,131
1,202
913
1,186
-1,399
-4,887
-839
-1,444
-26
-1,446
LT Debt
7,230
5,535
7,878
4,561
5,428
4,675
9,698
9,557
10,027
13,282
14,262
14,299
14,998
14,507
Total Equity
42,894
44,950
68,567
69,244
69,461
71,607
70,456
69,557
70,006
68,456
69,627
69,799
69,003
65,703
Return on Invested Capital (%)
7.32
- -
6.06
6.3
6.67
9.4
6.84
6.15
- -
6.25
8.01
7.83
9.15
10.1
Return on Capital (%)
7.47
- -
5.46
5.48
6.03
11.66
6.31
5.83
- -
5.04
6.27
6.72
7.6
9.02
Return on Common Equity (%)
8.49
11.24
6.03
5.93
6.65
12.66
7.04
6.81
8.95
5.91
7.29
7.97
8.91
9.87

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,349
5,193
5,209
LT Borrowings
4,448
4,460
4,423
LT Finance Leases
10,550
10,217
10,084
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,967
2,967
2,967
Market Capitalization
102,578
129,612
109,018

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
25,220
28,633
27,937
Cash, Cash Equivalents & STI
7,131
9,143
8,564
Accounts Receivable, Net
10,620
10,302
10,496
Inventories
1,476
1,756
1,784
Total Current Liabilities
25,246
26,055
29,383
Payables & Accruals
14,283
15,270
13,555
ST Debt
5,349
5,193
5,209
Deferred Revenue
1,076
1,182
1,291

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.08%
-0.15%
-1.14%
Free Cash Flow
20.47%
1.04%
6.7%
Net Income, GAAP
11.82%
8.17%
11.17%
Sales/Revenue/Turnover
4.06%
6.71%
6.71%
Total Cash Common Dividend
-1.92%
-14.15%
-13.62%

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,546
13,679
14,039
14,581
55,845
2025
14,390
14,645
14,949
15,611
59,595
2026
15,457
15,757
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.29
0.4
0.55
0.58
1.82
2025
0.35
0.45
0.63
0.64
2.06
2026
0.43
0.53
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.6
- -
0.23
0.83
2025
- -
0.62
- -
0.11
0.73
2026
- -
0.84
- -
- -
- -

Company Description

CEO
Christian Mauad Gebara
Full Time Employees
36,000
Sector
Communications
Industry
Wireless telecommunications
Address
Av. Engenheiro Luis Carlos Berrini São Paulo SP Brazil 04571-936
IPO Date
Jun 27, 2005
Business
Telefônica Brasil S.A. (VIVT3.SA) operates as Brazil's leading telecommunications provider, offering fixed and mobile voice services, broadband internet, pay TV, and digital solutions under the Vivo brand. Core products and services encompass fixed-line local, domestic long-distance, and international calls; mobile voice and data access via 3G, 4G, 4.5G, and 5G networks including prepaid and postpaid plans with data sharing, family bundles, voicemail, caller ID, unlimited voice minutes, roaming, and value-added features; fixed and mobile broadband; ultra-broadband; IPTV pay TV; network facility rentals; wholesale interconnection; digital offerings such as entertainment, cloud computing, cybersecurity, financial services like Vivo Pay, health, and education platforms; multimedia communication services; and IT support plus telecommunications solutions for industries including retail, manufacturing, financial institutions, government, and services; with device sales encompassing smartphones, USB modems, and accessories marketed through owned stores, dealers, retail channels, door-to-door, and telesales. The company, a subsidiary of Spain's Telefónica S.A., was incorporated in 1998 following the privatization acquisition of Telesp (formerly Telecomunicações de São Paulo S.A.), rebranded to Vivo operations in 2012, and is headquartered at Avenida Engenheiro Luís Carlos Berrini in São Paulo, Brazil, serving over 100 million customers nationwide with expanding 5G rollout and fiber-to-the-home (FTTH) coverage targeting 29 million homes passed. Recent developments include the 2024 acquisition of IPNET Serviços em Nuvem by subsidiary Telefônica Cloud e Tecnologia do Brasil S.A. for up to R$230 million to enhance B2B managed and professional services; Central Bank approval for Vivo Pay Sociedade de Crédito Direto S.A. to expand financial services; expansion of the share buyback program to R$1.5 billion through March 2025; and in 2025 completion of acquiring majority stakes totaling 50% in FiBrasil from CDPQ and Fibre Brasil partners for R$858 million, securing full control of the neutral fiber wholesale joint venture to accelerate FTTH expansion and convergent operations.

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