Symbols / SBS Stock $5.72 -3.54% Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Utilities • Utilities - Regulated Water • Brazil • NYQ
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Stock Fundamentals
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Index EQUITY
Sector Utilities
Industry Utilities - Regulated Water
CEO Mr. Carlos Augusto Leone Piani C.F.A.
Exch · Country NYQ · Brazil
Market Cap 20.06B
Enterprise Value 52.64B
Income 8.73B
Sales 39.63B
FCF (ttm) -10.15B
Book/sh 2.43
Cash/sh 5.47
Employees 8,927
Insider 10d —
IPO May 10, 2002
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 58.04%
P/E 11.44
Forward P/E 10.32
PEG 0.47
P/S 0.51
P/B 2.35
P/C —
EV/EBITDA 3.46
EV/Sales 1.33
Quick Ratio 1.70
Current Ratio 1.74
Debt/Eq 117.84
LT Debt/Eq —
EPS (ttm) 0.50
EPS next Y 0.55
EPS Growth 15.40%
Revenue Growth 18.30%
EPS Gr Q/Q 18.00%
Rev Gr Q/Q —
Earnings (next) 2026-08-06
Earnings (prior) 2026-05-07
ROA 8.11%
ROE 21.23%
ROIC —
Gross Margin 36.58%
Oper. Margin 33.87%
Profit Margin 22.03%
Shs Outstand 3.51B
Shs Float 2.34B
Insider Own 15.00%
Instit Own 11.41%
Short Float 0.61%
Short Ratio 2.06
Short Interest 14.22M
52W High 7.16
vs 52W High -20.09%
52W Low 3.78
vs 52W Low 51.48%
Beta 0.19
Impl. Vol. 84.67%
Rel Volume 0.98
Avg Volume 6.89M
Volume 6.78M
Target (mean) $6.78
Tgt Median $6.80
Tgt Low $6.30
Tgt High $7.32
# Analysts 5
Recom Strong_buy
Prev Close $5.93
Price $5.72
Change -3.54%
About

Companhia de Saneamento Básico do Estado de São Paulo - SABESP provides basic and environmental sanitation services in the São Paulo State, Brazil. The company supplies treated water and sewage services on a wholesale basis. As of December 31, 2024, it provided water services through 9.5 million water connections; and sewage services through 8.2 million sewage connections in the 375 municipalities of the São Paulo State. Companhia de Saneamento Básico do Estado de São Paulo - SABESP was founded in 1954 and is headquartered in São Paulo, Brazil.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.78
Mean price target
2. Current target
$5.72
Latest analyst target
3. DCF / Fair value
$-52.11
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.72
Low
$6.30
High
$7.32
Mean
$6.78

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-19 init Jefferies — → Buy $37
2019-11-14 init Goldman Sachs — → Neutral —
2018-05-18 down Goldman Sachs Buy → Neutral —
2018-03-12 down Janney Montgomery Scott Buy → Neutral —
2017-11-27 up JP Morgan Neutral → Overweight —
2017-11-22 up HSBC Hold → Buy —
2017-08-14 down Citigroup Neutral → Sell —
2017-03-06 down Standpoint Research Buy → Hold —
2016-08-03 down Janney Montgomery Scott Buy → Neutral —
News
RSS: Latest SBS news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
38,092.05
+5.39%
36,145.48
+41.35%
25,572.06
+15.94%
22,055.72
Operating Revenue
40,874.85
+4.08%
39,272.04
+44.84%
27,113.77
+15.41%
23,493.71
Cost Of Revenue
23,991.69
+44.50%
16,603.07
+3.43%
16,051.87
+11.85%
14,350.90
Reconciled Cost Of Revenue
21,927.63
+55.23%
14,125.93
+4.88%
13,468.40
+11.38%
12,091.81
Gross Profit
14,100.36
-27.85%
19,542.40
+105.27%
9,520.19
+23.56%
7,704.82
Operating Expense
1,716.97
-58.50%
4,137.18
+27.42%
3,247.00
+3.19%
3,146.61
Selling General And Administration
1,524.41
-48.30%
2,948.38
+29.08%
2,284.19
+12.04%
2,038.66
Selling And Marketing Expense
398.71
-6.10%
424.62
-3.64%
440.67
+5.01%
419.63
General And Administrative Expense
1,125.70
-55.40%
2,523.75
+36.90%
1,843.53
+13.87%
1,619.03
Salaries And Wages
735.81
-27.85%
1,019.85
+13.68%
897.09
+31.90%
680.12
Other Gand A
389.88
-74.08%
1,503.90
+58.90%
946.43
+0.80%
938.91
Other Operating Expenses
-274.73
-197.96%
280.45
+1104.30%
-27.93
-235.35%
-8.33
Total Expenses
25,708.66
+23.96%
20,740.26
+7.47%
19,298.87
+10.29%
17,497.51
Operating Income
12,383.39
-19.62%
15,405.22
+145.57%
6,273.19
+37.62%
4,558.21
Total Operating Income As Reported
12,599.62
-18.77%
15,510.46
+144.41%
6,345.98
+36.61%
4,645.16
EBITDA
17,367.60
-4.11%
18,112.75
+102.25%
8,955.74
+12.77%
7,941.58
Normalized EBITDA
14,369.61
-17.84%
17,489.21
+109.29%
8,356.50
+25.20%
6,674.58
Reconciled Depreciation
2,208.76
-17.48%
2,676.64
-4.09%
2,790.86
+13.87%
2,450.85
EBIT
15,158.84
-1.80%
15,436.10
+150.39%
6,164.88
+12.28%
5,490.73
Total Unusual Items
2,998.00
+380.80%
623.54
+4.06%
599.23
-52.70%
1,267.00
Total Unusual Items Excluding Goodwill
2,998.00
+380.80%
623.54
+4.06%
599.23
-52.70%
1,267.00
Special Income Charges
1,774.89
+529.68%
281.87
+443.24%
-82.12
-122.97%
357.55
Other Special Charges
-1,774.89
-529.68%
-281.87
-443.24%
82.12
+122.97%
-357.55
Net Income
8,462.06
-11.67%
9,579.56
+171.87%
3,523.53
+12.89%
3,121.27
Pretax Income
11,701.85
-14.23%
13,642.81
+186.98%
4,753.98
+11.26%
4,272.75
Net Non Operating Interest Income Expense
-3,727.69
-53.96%
-2,421.27
-12.57%
-2,150.83
-36.39%
-1,577.01
Interest Expense Non Operating
3,456.99
+92.77%
1,793.30
+27.10%
1,410.90
+15.84%
1,217.98
Net Interest Income
-3,727.69
-53.96%
-2,421.27
-12.57%
-2,150.83
-36.39%
-1,577.01
Interest Expense
3,456.99
+92.77%
1,793.30
+27.10%
1,410.90
+15.84%
1,217.98
Interest Income Non Operating
571.62
+115.79%
264.89
+3.43%
256.12
+31.16%
195.27
Interest Income
571.62
+115.79%
264.89
+3.43%
256.12
+31.16%
195.27
Other Income Expense
3,046.15
+362.34%
658.86
+4.31%
631.63
-51.10%
1,291.55
Gain On Sale Of Security
1,223.11
+257.98%
341.67
-49.85%
681.35
-25.08%
909.45
Tax Provision
3,239.79
-20.27%
4,063.24
+230.22%
1,230.45
+6.86%
1,151.48
Tax Rate For Calcs
0.00
-5.99%
0.00
+14.55%
0.00
-3.70%
0.00
Tax Effect Of Unusual Items
839.44
+352.02%
185.71
+19.20%
155.80
-54.46%
342.09
Net Income Including Noncontrolling Interests
8,462.06
-11.67%
9,579.56
+171.87%
3,523.53
+12.89%
3,121.27
Net Income From Continuing Operation Net Minority Interest
8,462.06
-11.67%
9,579.56
+171.87%
3,523.53
+12.89%
3,121.27
Net Income From Continuing And Discontinued Operation
8,462.06
-11.67%
9,579.56
+171.87%
3,523.53
+12.89%
3,121.27
Net Income Continuous Operations
8,462.06
-11.67%
9,579.56
+171.87%
3,523.53
+12.89%
3,121.27
Normalized Income
6,303.50
-31.05%
9,141.73
+196.80%
3,080.10
+40.24%
2,196.36
Net Income Common Stockholders
8,462.06
-11.67%
9,579.56
+171.87%
3,523.53
+12.89%
3,121.27
Diluted EPS
12.37
+342.50%
2.80
+171.84%
1.03
+16.03%
0.89
Basic EPS
12.37
+342.50%
2.80
+171.84%
1.03
+16.03%
0.89
Basic Average Shares
684.23
-80.01%
3,423.05
+0.00%
3,423.05
-2.88%
3,524.53
Diluted Average Shares
684.23
-80.01%
3,423.05
+0.00%
3,423.05
-2.88%
3,524.53
Diluted NI Availto Com Stockholders
8,462.06
-11.67%
9,579.56
+171.87%
3,523.53
+12.89%
3,121.27
Depreciation Amortization Depletion Income Statement
144.71
-27.46%
199.50
-3.81%
207.39
+8.15%
191.76
Depreciation And Amortization In Income Statement
144.71
-27.46%
199.50
-3.81%
207.39
+8.15%
191.76
Earnings From Equity Interest
48.15
+36.33%
35.32
+9.04%
32.39
+31.94%
24.55
Excise Taxes
1,816.63
-33.49%
2,731.38
+77.16%
1,541.72
+7.21%
1,437.99
Other Taxes
260.52
+72.45%
151.07
+15.83%
130.42
-8.45%
142.46
Provision For Doubtful Accounts
62.07
-88.87%
557.79
-14.57%
652.92
-16.51%
782.06
Total Other Finance Cost
842.32
-5.66%
892.87
-10.36%
996.05
+79.69%
554.30
Line Item Trend 2025-12-31
Total Assets
104,202.77
Current Assets
18,556.51
Cash Cash Equivalents And Short Term Investments
12,370.97
Cash And Cash Equivalents
4,663.23
Cash Equivalents
4,567.81
Cash Financial
95.41
Other Short Term Investments
7,707.74
Receivables
5,985.15
Accounts Receivable
4,413.45
Taxes Receivable
1,295.31
Inventory
22.06
Restricted Cash
9.57
Assets Held For Sale Current
26.86
Hedging Assets Current
0.00
Other Current Assets
141.89
Total Non Current Assets
85,646.26
Net PPE
942.76
Gross PPE
1,582.89
Accumulated Depreciation
-640.14
Construction In Progress
143.24
Other Properties
1,415.51
Leases
24.14
Goodwill And Other Intangible Assets
50,440.51
Other Intangible Assets
50,440.51
Investments And Advances
21,919.69
Long Term Equity Investment
254.36
Non Current Accounts Receivable
12,139.84
Non Current Deferred Assets
—
Non Current Deferred Taxes Assets
—
Other Non Current Assets
153.53
Total Liabilities Net Minority Interest
61,801.64
Current Liabilities
16,552.91
Payables And Accrued Expenses
7,910.14
Payables
7,847.90
Accounts Payable
2,400.05
Other Payable
2,772.42
Dividends Payable
2,059.85
Current Accrued Expenses
62.23
Employee Benefits
2,140.16
Pensionand Other Post Retirement Benefit Plans Current
637.40
Total Tax Payable
615.59
Income Tax Payable
328.86
Current Debt And Capital Lease Obligation
5,092.82
Current Debt
4,936.16
Other Current Borrowings
4,936.16
Current Capital Lease Obligation
156.65
Current Deferred Liabilities
89.05
Current Deferred Revenue
—
Other Current Liabilities
1,453.50
Total Non Current Liabilities Net Minority Interest
45,248.73
Long Term Debt And Capital Lease Obligation
35,049.53
Long Term Debt
34,929.69
Long Term Capital Lease Obligation
119.84
Long Term Provisions
533.40
Non Current Pension And Other Postretirement Benefit Plans
2,140.16
Non Current Deferred Liabilities
4,321.82
Non Current Deferred Revenue
—
Non Current Deferred Taxes Liabilities
4,321.82
Other Non Current Liabilities
3,203.81
Stockholders Equity
42,401.12
Common Stock Equity
42,401.12
Capital Stock
21,210.00
Common Stock
21,210.00
Share Issued
3,524.53
Ordinary Shares Number
3,506.73
Treasury Shares Number
17.80
Gains Losses Not Affecting Retained Earnings
21,666.51
Treasury Stock
475.38
Other Equity Adjustments
21,666.51
Total Equity Gross Minority Interest
42,401.12
Total Capitalization
77,330.81
Working Capital
2,003.60
Invested Capital
82,266.98
Total Debt
40,142.35
Net Debt
35,202.63
Capital Lease Obligations
276.50
Net Tangible Assets
-8,039.38
Tangible Book Value
-8,039.38
Available For Sale Securities
21,665.33
Current Notes Payable
—
Current Provisions
1,370.01
Duefrom Related Parties Current
276.39
Duefrom Related Parties Non Current
862.78
Interest Payable
—
Investment Properties
49.93
Investmentin Financial Assets
21,665.33
Line Of Credit
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
8,361.11
+12.92%
7,404.57
+52.53%
4,854.35
+22.35%
3,967.60
Cash Flow From Continuing Operating Activities
8,361.11
+12.92%
7,404.57
+52.53%
4,854.35
+22.35%
3,967.60
Net Income From Continuing Operations
11,701.85
-14.23%
13,642.81
+186.98%
4,753.98
+11.26%
4,272.75
Depreciation Amortization Depletion
2,208.76
-17.48%
2,676.64
-4.09%
2,790.86
+13.87%
2,450.85
Depreciation
47.62
—
—
—
Amortization Cash Flow
2,161.14
—
—
—
Depreciation And Amortization
2,208.76
-17.48%
2,676.64
-4.09%
2,790.86
+13.87%
2,450.85
Amortization Of Intangibles
2,161.14
—
—
—
Other Non Cash Items
-572.55
+90.15%
-5,811.19
-424.65%
1,789.98
+176.83%
646.59
Pension And Employee Benefit Expense
175.78
+8.84%
161.50
-32.35%
238.75
+30.28%
183.26
Provisionand Write Offof Assets
-135.95
-111.77%
1,155.26
+41.72%
815.19
+29.51%
629.45
Asset Impairment Charge
224.19
-69.25%
728.96
+10.24%
661.27
-16.52%
792.17
Operating Gains Losses
251.50
+244.57%
-173.97
-184.31%
206.36
+30.02%
158.71
Gain Loss On Investment Securities
123.88
+141.27%
-300.15
—
—
Unrealized Gain Loss On Investment Securities
—
34.39
0.00
0.00
Net Foreign Currency Exchange Gain Loss
—
—
—
-301.72
Change In Working Capital
-101.99
+90.50%
-1,074.04
+59.60%
-2,658.26
-26.06%
-2,108.74
Change In Receivables
1,878.07
+342.67%
-773.90
+29.10%
-1,091.62
-45.20%
-751.78
Changes In Account Receivables
1,724.94
+468.78%
-467.74
+44.31%
-839.88
-6.99%
-784.98
Change In Inventory
24.22
+275.71%
-13.79
-136.05%
38.24
+456.01%
-10.74
Change In Payables And Accrued Expense
-1,567.78
-653.13%
283.44
+179.53%
-356.38
-693.80%
60.02
Change In Accrued Expense
-701.07
-999.11%
77.97
+302.40%
19.38
-73.50%
73.13
Change In Payable
-866.72
-521.84%
205.46
+154.68%
-375.76
-2766.66%
-13.11
Change In Account Payable
-1,082.80
-147.39%
-437.69
-11.04%
-394.19
-78.80%
-220.46
Change In Other Working Capital
-561.05
-142.46%
-231.39
+44.36%
-415.89
+40.75%
-701.96
Change In Other Current Assets
122.64
+4696.85%
-2.67
-107.39%
36.09
+97.61%
18.26
Change In Other Current Liabilities
1.91
+100.57%
-335.73
+61.35%
-868.70
-20.23%
-722.55
Investing Cash Flow
-15,703.62
-57.42%
-9,975.64
-103.36%
-4,905.51
-70.43%
-2,878.35
Cash Flow From Continuing Investing Activities
-15,703.62
-57.42%
-9,975.64
-103.36%
-4,905.51
-70.43%
-2,878.35
Net PPE Purchase And Sale
-13,740.39
-71.10%
-8,030.67
-94.04%
-4,138.57
-5517.87%
-73.67
Purchase Of PPE
-13,740.39
-71.10%
-8,030.67
-94.04%
-4,138.57
-5517.87%
-73.67
Capital Expenditure
-13,740.39
-71.10%
-8,030.67
-94.04%
-4,138.57
-5517.87%
-73.67
Net Investment Purchase And Sale
-1,952.67
+0.49%
-1,962.20
-161.81%
-749.47
-199.29%
754.86
Purchase Of Investment
-32,779.49
-351.14%
-7,265.85
-363.85%
-1,566.43
-267.00%
-426.82
Sale Of Investment
30,826.83
+481.24%
5,303.66
+549.19%
816.97
-30.86%
1,181.68
Net Other Investing Changes
-27.51
-259.67%
17.23
+198.62%
-17.47
+99.51%
-3,559.54
Financing Cash Flow
10,323.13
+202.27%
3,415.20
+449.26%
-977.84
-1721.49%
60.30
Cash Flow From Continuing Financing Activities
10,323.13
+202.27%
3,415.20
+449.26%
-977.84
-1721.49%
60.30
Net Issuance Payments Of Debt
14,040.22
+203.61%
4,624.49
+670.72%
600.02
-52.77%
1,270.30
Issuance Of Debt
18,336.07
+166.87%
6,870.75
+189.77%
2,371.11
-15.53%
2,807.03
Repayment Of Debt
-4,295.85
-91.24%
-2,246.26
-26.83%
-1,771.09
-15.25%
-1,536.72
Long Term Debt Issuance
18,336.07
+166.87%
6,870.75
+189.77%
2,371.11
-15.53%
2,807.03
Long Term Debt Payments
-4,295.85
-91.24%
-2,246.26
-26.83%
-1,771.09
-15.25%
-1,536.72
Net Long Term Debt Issuance
14,040.22
+203.61%
4,624.49
+670.72%
600.02
-52.77%
1,270.30
Net Common Stock Issuance
-475.38
0.00
-100.00%
0.81
0.00
Common Stock Payments
-475.38
0.00
0.00
—
Cash Dividends Paid
0.00
0.00
0.00
0.00
Repurchase Of Capital Stock
-475.38
0.00
0.00
—
Net Other Financing Charges
-877.93
-213.05%
-280.44
+62.86%
-755.00
-24.49%
-606.46
Changes In Cash
2,980.62
+253.10%
844.12
+182.03%
-1,029.00
-189.51%
1,149.56
Beginning Cash Position
1,682.61
+100.67%
838.48
-55.10%
1,867.48
+160.12%
717.93
End Cash Position
4,663.23
+177.14%
1,682.61
+100.67%
838.48
-55.10%
1,867.48
Free Cash Flow
-5,379.28
-759.16%
-626.11
-187.47%
715.78
-81.62%
3,893.93
Change In Income Tax Payable
-522.78
-297.13%
265.19
+41.96%
186.81
+54.58%
120.85
Change In Tax Payable
-522.78
-297.13%
265.19
+41.96%
186.81
+54.58%
120.85
Common Stock Issuance
0.00
0.00
-100.00%
0.81
0.00
Dividends Received CFI
16.95
0.00
0.00
—
Earnings Losses From Equity Investments
-48.15
-36.33%
-35.32
-9.04%
-32.39
-31.94%
-24.55
Interest Paid CFF
-2,363.78
-154.48%
-928.85
-12.77%
-823.67
-36.47%
-603.54
Interest Paid CFO
-2,696.32
-36.41%
-1,976.69
-2.08%
-1,936.42
-28.62%
-1,505.49
Issuance Of Capital Stock
0.00
0.00
-100.00%
0.81
0.00
Net Investment Properties Purchase And Sale
—
—
-6.62
-922.38%
-0.65
Purchase Of Investment Properties
—
—
—
-0.65
Taxes Refund Paid
-2,518.38
-42.83%
-1,763.21
-12.41%
-1,568.61
-14.61%
-1,368.69
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
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