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Centrais Elétricas Brasileiras S.A. - Eletrobrás

Centrais Elétricas Brasileiras S.A. - Eletrobrás

ELET3.SA
Centrais Elétricas Brasileiras S.A. - EletrobrásBR flagB3 S.A.
58.68
BRL
+0.48
- -
131.89BMarket Cap
Centrais Elétricas Brasileiras S.A. - Eletrobrás
ELET3.SA
(B3 S.A.)

Recent

price

58.68

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
21.83
19.82
21.75
20.7
17.62
22.26
23.78
37.21
21.77
19.24
21.47
16.19
22.07
14.81
16.17
20.33
19.33
Revenue per Share
-1.44
1.66
2.78
-4.98
-4.57
-4.6
-8.43
2.53
-1.3
10.62
8.28
4.07
3.6
1.58
1.98
5.25
-2.73
Basic EPS, GAAP
0.78
1.2
-2.88
7.01
5.2
1.68
1.47
-0.96
-0.41
2.27
-0.92
2.59
3.68
-12.35
1.79
4.48
6.23
Free Cash Flow per Basic Share
1
2.32
3.02
3.68
3.1
0.6
0.02
- -
0.28
0.05
0.87
- -
2.39
0.65
0.38
0.66
- -
Dividend per Share
36.37
32.12
37.13
23.14
23.15
20.77
14.02
23.11
23.15
22.76
23.29
24.89
24.89
30.34
30.51
35.47
28.56
Book Value per Share
59.74
50.43
56.53
49.41
44.95
38.63
30.04
31.97
31.06
40.39
52.12
46.51
45.52
13.49
14.19
22.17
14.68
Tangible Book Value per Share
1,138
1,354
1,343
1,353
1,352
1,354
1,353
1,355
1,352
1,363
1,353
1,569
1,569
2,301
2,298
1,976
2,206
Basic Weighted Avg Shares
24,832
26,832
29,211
28,014
23,836
30,138
32,181
50,400
29,441
26,215
29,042
25,401
34,627
34,074
37,159
40,182
42,641
Sales/Revenue/Turnover
15.34
15.36
3.33
-16.46
-35.16
-33.98
-50.21
48.04
14.48
44.39
35.25
26
49.42
18.53
27.35
31.15
3.11
Operating Margin (%)
3,477
1,592
1,724
1,700
1,512
1,777
1,843
1,564
1,524
1,702
1,807
1,256
1,443
2,690
3,621
3,988
4,432
Depreciation Expense
-1,633
2,248
3,733
-6,735
-6,187
-6,226
-11,405
3,426
-1,764
14,467
11,195
6,387
5,646
3,635
4,550
10,378
-6,019
Net Income, GAAP
- -
36.92
17.11
- -
- -
- -
- -
45.23
51.07
14.88
- -
5.7
47.57
20.78
- -
2.26
- -
Effective Tax Rate (%)
-6.58
8.38
12.78
-24.04
-25.96
-20.66
-35.44
6.8
-5.99
55.18
38.55
25.15
16.31
10.67
12.24
25.83
-14.12
Profit Margin (%)
14,954
14,200
12,838
16,638
13,460
11,267
1,338
-1,866
3,172
9,644
15,146
17,432
15,862
23,182
20,737
32,821
25,066
Working Capital
28,644
34,067
24,365
27,077
32,398
36,763
43,964
41,470
40,914
44,039
41,643
36,427
36,475
52,111
48,742
62,966
60,045
LT Debt
69,798
70,530
77,216
68,069
61,577
53,653
41,581
44,065
42,753
55,680
71,159
73,751
76,417
111,029
112,465
122,000
109,340
Total Equity
- -
2.49
0.76
- -
- -
- -
- -
14.48
2.27
9.58
- -
5.06
7.3
3.4
- -
6.61
- -
Return on Invested Capital (%)
- -
4.23
6.92
- -
- -
- -
- -
7.12
-0.14
20.3
- -
10.59
8.11
6.78
- -
11.66
- -
Return on Capital (%)
-3.85
5.3
8
-16.59
-19.76
-20.96
-48.45
13.63
-5.63
46.43
35.81
18.1
14.46
6.68
6.5
14.8
-9.04
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'25
Jun'25
Sep'25
ST Debt
11,140
13,728
13,428
LT Borrowings
62,163
59,346
59,625
LT Finance Leases
151
396
420
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,248
2,249
2,248
Market Capitalization
90,003
88,745
115,885

Working Capital

FRC

•

in mil. unless spec.
Mar'25
Jun'25
Sep'25
Total Current Assets
57,376
49,985
52,374
Cash, Cash Equivalents & STI
30,281
29,387
28,256
Accounts Receivable, Net
5,324
5,234
5,424
Inventories
446
393
390
Total Current Liabilities
25,059
26,812
27,308
Payables & Accruals
3,639
3,120
3,803
ST Debt
11,140
13,728
13,428
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.08%
12.46%
8.48%
Free Cash Flow
-201.81%
-195.43%
115.36%
Net Income, GAAP
-107.8%
12.62%
128.1%
Sales/Revenue/Turnover
6.1%
7.87%
8.13%
Total Cash Common Dividend
- -
- -
51.34%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
9,210
9,246
8,781
9,922
37,159
2024
8,718
8,395
11,043
12,025
40,182
2025
10,414
10,199
10,003
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.21
- -
- -
- -
1.98
2024
0.14
- -
- -
- -
5.25
2025
-0.16
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.38
2024
- -
- -
- -
- -
0.66
2025
- -
- -
- -
- -
- -
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Business
Centrais Elétricas Brasileiras S.A. - Eletrobrás (ELET3.SA), now operating as AXIA Energia, is Latin America's largest electric power utility and a leading clean energy company, primarily engaged in the generation, transmission, and sale of electricity through hydroelectric, thermoelectric, nuclear, wind, and solar plants; it owns and operates approximately 44 hydroelectric plants, extensive high-voltage transmission lines spanning 73,800 km forming the backbone of Brazil's National Interconnected System, and stakes in key subsidiaries including Eletronorte, CHESF, Eletrosul, Furnas, Eletronuclear, and a 50% share in Itaipu Binacional. Founded in 1962 and headquartered in Rio de Janeiro, Brazil, the company generates about 40% of Brazil's electricity supply with around 51,000 MW of installed capacity, predominantly renewable sources now comprising 100% of its generation portfolio, and serves energy distribution companies, large industrial free-market consumers, and the regulated market across Brazil while exploring international opportunities in Latin America and Africa for energy integration projects such as interconnecting new sources with Brazil's grid. Recent developments include a major rebranding to AXIA Energia in October 2025 reflecting its strategic shift toward financial discipline and sustainability; divestitures such as the sale of its stake in Eletronuclear, the last thermal power plant Santa Cruz TPP to J&F group for R$703.5 million, and EMAE to SABESP for R$476.5 million as part of a broader asset disentanglement yielding R$3.6 billion from thermal plants; acquisitions like a 51% stake in Três Irmãos and Tijuana Energia for R$247 million plus a BRL 1.6 billion auction win; and record investments of BRL 2.5-3 billion alongside plans for battery storage and participation in a 2026 capacity reserve auction.