Companhia de Saneamento Basico DO Estado de Sao Paulo-Sabesp
SBS · NYSEWater Supply · Fiscal year ends Dec 31 · Reports in BRL
Companhia de Saneamento Basico DO Estado de Sao Paulo-Sabesp reported revenue of BRL 36.1B in the fiscal year ended Dec 2024, up 41.3% from the year before. Net income was BRL 9.6B. Operating cash flow of BRL 7.4B less capital expenditure of BRL 101M left free cash flow of BRL 7.3B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|
| Revenue | BRL 17.8B | BRL 19.5B | BRL 22.1B | BRL 25.6B | BRL 36.1B |
| Cost of revenue | BRL 11.2B | BRL 12.8B | BRL 14.4B | BRL 16.1B | BRL 16.6B |
| Gross profit | BRL 6.6B | BRL 6.7B | BRL 7.7B | BRL 9.5B | BRL 19.5B |
| Interest expense | BRL 1.3B | BRL 1.4B | BRL 2B | BRL 2.7B | BRL 2.7B |
| Pre-tax income | BRL 1.3B | BRL 3.2B | BRL 4.3B | BRL 4.8B | BRL 13.6B |
| Income tax | −BRL 461M | −BRL 962M | −BRL 1.2B | −BRL 1.5B | −BRL 1.3B |
| Net income | BRL 973M | BRL 2.3B | BRL 3.1B | BRL 3.5B | BRL 9.6B |
Balance sheet
| Fiscal year | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|
| Cash & equivalents | BRL 396M | BRL 718M | BRL 1.9B | BRL 838M | BRL 1.7B |
| Inventory | BRL 105M | BRL 114M | BRL 124M | BRL 86M | BRL 11M |
| Current assets | BRL 6.4B | BRL 6.5B | BRL 7.3B | BRL 7.8B | BRL 10.6B |
| Net PP&E | BRL 268M | BRL 291M | BRL 339M | BRL 475M | BRL 562M |
| Total assets | BRL 50.4B | BRL 53.2B | BRL 57.2B | BRL 61.5B | BRL 81B |
| Payables | BRL 264M | BRL 237M | BRL 431M | BRL 456M | BRL 767M |
| Current liabilities | BRL 5.9B | BRL 5.1B | BRL 6.7B | BRL 8.4B | BRL 12B |
| Total liabilities | BRL 27.6B | BRL 28.2B | BRL 29.9B | BRL 31.6B | BRL 44B |
| Shareholders' equity | BRL 22.8B | BRL 24.9B | BRL 27.3B | BRL 29.9B | BRL 36.9B |
Cash flow
| Fiscal year | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|
| Operating cash flow | BRL 5B | BRL 3.9B | BRL 4B | BRL 4.9B | BRL 7.4B |
| Capital expenditure | BRL 42M | BRL 50M | BRL 74M | BRL 147M | BRL 101M |
| Free cash flow | BRL 4.9B | BRL 3.9B | BRL 3.9B | BRL 4.7B | BRL 7.3B |
Key ratios
| Fiscal year | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 9.5% | 13.2% | 15.9% | 41.3% |
| Gross margin | 37.2% | 34.3% | 34.9% | 37.2% | 54.1% |
| Net margin | 5.5% | 11.8% | 14.2% | 13.8% | 26.5% |
| Return on equityBlank when equity is negative | 4.3% | 9.2% | 11.4% | 11.8% | 25.9% |
| Free cash flow margin | 27.7% | 19.8% | 17.7% | 18.4% | 20.2% |
| Cash conversion (CFO ÷ net income) | 5.11x | 1.70x | 1.27x | 1.38x | 0.77x |
| Inventory days | 3 | 3 | 3 | 2 | 0 |
| Payable days | 9 | 7 | 11 | 10 | 17 |
| Current ratio | 1.09x | 1.28x | 1.09x | 0.93x | 0.89x |
Recent filings
More in Water Supply
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.