Telefônica Brasil S.A.

Telefônica Brasil S.A.

VIV
Telefônica Brasil S.A.US flagNew York Stock Exchange
13.29
USD
-0.20
- -
21.23BMarket Cap
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
45.32
45.68
35.68
37.65
25.59
38.5
39.21
25.55
26.26
28.75
31.39
34.02
36.97
37.97
Basic EPS, GAAP
4.85
6.44
3.03
3.62
2.73
7.91
4.43
2.83
3.72
2.44
3.03
3.38
3.83
3.99
Free Cash Flow per Basic Share
4.88
2.41
2.75
3.52
2.53
3.03
7.87
6.55
5.23
5.42
6.01
6.43
6.99
3.51
Dividend per Share
5.92
3.19
3.26
2.63
2.17
3.66
5.47
3.12
2.92
3.42
2.31
1.54
1.36
1.37
Book Value per Share
49.33
49.33
56.31
56.31
37.65
56.31
56.31
37.66
37.91
38.05
38.3
37.82
37.27
38.05
Tangible Book Value per Share
17.48
17.83
20.34
21.93
15.47
26.03
25.85
17.16
15.45
11.21
12.45
13.12
13.05
13.87
Basic Weighted Avg Shares
766
766
1,129
1,129
1,689
1,129
1,129
1,688
1,677
1,671
1,660
1,641
1,612
1,598
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
60,662
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
16.85
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
15,113
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
6,371
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
14.49
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
10.5
Working Capital
2,168
-494
-72
-2,040
-1,131
1,202
913
1,186
-1,399
-4,887
-839
-1,444
-26
2,578
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
14,678
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
69,776
Return on Invested Capital (%)
7.01
- -
6.83
6.53
7.4
9.14
6.88
5.48
- -
6.05
7.89
8.05
9.18
9.61
Return on Capital (%)
8.44
- -
6.01
5.88
6.52
12.81
6.95
6.32
- -
5.38
6.69
7.28
8.35
9.12
Return on Common Equity (%)
9.83
13.06
6.75
6.43
7.25
14.04
7.87
7.5
9.81
6.43
7.91
8.83
10.1
10.48

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
4,911
5,349
5,193
LT Borrowings
3,591
4,448
4,460
LT Finance Leases
9,575
10,550
10,217
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,205
3,196
3,196
Market Capitalization
109,658
104,460
132,258

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
24,249
25,220
28,633
Cash, Cash Equivalents & STI
6,797
7,131
9,143
Accounts Receivable, Net
10,046
10,620
10,302
Inventories
1,256
1,476
1,756
Total Current Liabilities
23,879
25,246
26,055
Payables & Accruals
13,401
14,283
15,270
ST Debt
4,911
5,349
5,193
Deferred Revenue
1,197
1,076
1,182

Growth Rates

FRC

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

FRC

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
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.54
0.74
1.02
1.08
3.38
2025
0.65
0.84
1.18
1.18
3.83
2026
0.79
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1.11
- -
0.44
1.54
2025
- -
1.17
- -
0.2
1.36
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Christian Mauad Gebara
Full Time Employees
32,759
Sector
Communication Services
Industry
Telecommunications Services
Address
Av. Engenheiro Luis Carlos Berrini São Paulo SP Brazil 04571-936
IPO Date
Nov 16, 1998
Business
Telefônica Brasil S.A. operates as an integrated telecommunications company in Brazil, primarily marketing its services under the Vivo brand. The company offers a broad portfolio of products and services including fixed and mobile voice telephony, 3G/4G/5G mobile broadband, fixed broadband and ultra-fast fiber optic broadband (FTTH), pay television via direct-to-home (DTH), IPTV and cable platforms, digital services such as cloud computing, cybersecurity, Internet of Things (IoT), and business-to-business (B2B) digital solutions for enterprise customers. Additionally, Telefônica Brasil provides network services like facility rentals and wholesale interconnection services, catering to residential, corporate, and public sector clients. The company is a subsidiary of Spain-based Telefónica S.A., founded in 1998, and headquartered in São Paulo, Brazil. Recent major developments include significant expansion in fiber optic broadband coverage, reaching over 29 million homes passed by the end of 2024 with over 7 million connected, reflecting double-digit growth in fiber services. Telefônica Brasil has accelerated 5G network deployment with coverage extended to approximately 61% of the Brazilian population, alongside continued growth in 4.5G coverage reaching 96% of the population. The company reported 98.4 million mobile customers by Q4 2024, supported by continuous investments of around R$4.2 billion in network infrastructure in 2023. In 2024, the company achieved record revenues of R$55.8 billion (approx. €9.18 billion) with a net income of R$5.5 billion, driven by growth in mobile, FTTH, and digital service segments. Telefônica Brasil also expanded its digital services portfolio, including cloud solutions and IoT, which generated over R$200 million in revenue in 2024 through more than 2 million connected IoT devices, underscoring its strategic focus on digital transformation and connectivity leadership in Brazil. Strategic initiatives include enhancing customer experience via investments in service improvements and growing B2B digital services by over 20% in 2024. Overall, Telefônica Brasil S.A. remains a leading integrated operator in Brazil's telecommunications sector, focused on expanding high-speed fixed and mobile connectivity, digital service innovation, and maintaining market leadership across its service areas through continuous infrastructure investment and strategic digital expansion.

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