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C

Companhia de Saneamento de Minas Gerais COPASA MG CSMG3.SA · BRL

Utilities · B3 · 🇧🇷 Brazil

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51.81

+2.51%

Close of 9 Nov 2026, in BRL

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in BRL, from our data supplier.

FY2025

Revenue

BRL 8.33bn

FY2016FY2025

Net income

BRL 1.42bn

FY2016FY2025

Free cash flow

BRL 2.25bn

FY2016FY2025

Shareholders' equity

BRL 8.58bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueBRL 8.33bnBRL 7.88bnBRL 7.40bnBRL 6.18bnBRL 5.89bnBRL 5.34bnBRL 5.16bnBRL 4.74bnBRL 4.33bnBRL 4.03bn
Gross profitBRL 3.43bnBRL 3.37bnBRL 3.06bnBRL 2.32bnBRL 2.15bnBRL 2.40bnBRL 2.16bnBRL 1.85bnBRL 1.84bnBRL 1.55bn
Research and developmentBRL 6.0mBRL 3.3m————————
Operating incomeBRL 2.06bnBRL 1.99bnBRL 1.93bnBRL 1.22bnBRL 1.31bnBRL 1.32bnBRL 1.23bnBRL 922.5mBRL 956.7mBRL 711.9m
Net incomeBRL 1.42bnBRL 1.32bnBRL 1.38bnBRL 843.4mBRL 537.6mBRL 816.5mBRL 754.4mBRL 578.7mBRL 560.4mBRL 434.2m
Diluted earnings per share3.733.473.642.221.422.151.991.541.471.12

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsBRL 17.74bnBRL 15.51bnBRL 14.19bnBRL 13.19bnBRL 12.72bnBRL 11.77bnBRL 11.53bnBRL 11.18bnBRL 10.81bnBRL 10.95bn
Cash and short-term investmentsBRL 815.0mBRL 827.8mBRL 1.03bnBRL 1.13bnBRL 1.31bnBRL 805.6mBRL 544.4mBRL 482.8mBRL 444.1mBRL 638.7m
Total liabilitiesBRL 9.16bnBRL 7.46bnBRL 6.62bnBRL 5.94bnBRL 5.96bnBRL 5.32bnBRL 4.79bnBRL 4.95bnBRL 4.57bnBRL 5.01bn
DebtBRL 7.68bnBRL 6.19bnBRL 4.84bnBRL 4.25bnBRL 4.06bnBRL 3.85bnBRL 3.37bnBRL 3.54bnBRL 3.14bnBRL 3.43bn
Shareholders' equityBRL 8.58bnBRL 8.05bnBRL 7.57bnBRL 7.25bnBRL 6.76bnBRL 6.46bnBRL 6.74bnBRL 6.23bnBRL 6.24bnBRL 5.94bn
Shares outstanding379m379m379m379m379m379m379m376m380m387m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsBRL 2.33bnBRL 2.05bnBRL 1.73bnBRL 1.12bnBRL 1.67bnBRL 1.74bnBRL 1.24bnBRL 913.5mBRL 1.01bnBRL 780.4m
Capital spending−BRL 83.0m−BRL 723.6m−BRL 484.3m−BRL 290.3m−BRL 187.3m−BRL 157.6m−BRL 33.4m−BRL 63.3m−BRL 506.2m−BRL 409.4m
Free cash flowBRL 2.25bnBRL 1.33bnBRL 1.25bnBRL 827.0mBRL 1.49bnBRL 1.58bnBRL 1.21bnBRL 850.2mBRL 508.5mBRL 371.0m
Dividends paid−BRL 827.6m−BRL 735.6m−BRL 777.4m−BRL 136.1m−BRL 340.1m−BRL 819.9m−BRL 134.7m−BRL 280.0m−BRL 120.0m−BRL 56.2m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueBRL 2.27bnBRL 2.13bnBRL 2.17bnBRL 2.11bnBRL 1.98bnBRL 2.06bnBRL 2.01bnBRL 2.05bn
Gross profitBRL 899.0mBRL 901.6mBRL 870.0mBRL 835.1mBRL 830.0mBRL 940.0mBRL 810.8mBRL 867.0m
Operating incomeBRL 479.8mBRL 549.0mBRL 479.2mBRL 495.3mBRL 462.9mBRL 612.3mBRL 406.1mBRL 535.5m
Net incomeBRL 227.1mBRL 368.1mBRL 337.0mBRL 360.8mBRL 289.4mBRL 428.5mBRL 271.9mBRL 368.3m
Diluted earnings per share0.600.970.890.950.761.130.720.97
Cash from operationsBRL 149.0mBRL 533.0mBRL 492.0mBRL 558.0mBRL 565.0mBRL 562.0mBRL 474.0mBRL 288.0m
Capital spending−BRL 22.0m−BRL 17.0m−BRL 25.0m−BRL 37.0m−BRL 190.0m−BRL 161.0m−BRL 181.0m−BRL 22.0m
Free cash flowBRL 127.0mBRL 516.0mBRL 467.0mBRL 521.0mBRL 375.0mBRL 401.0mBRL 293.0mBRL 266.0m
Total assetsBRL 21.12bnBRL 21.49bnBRL 17.74bnBRL 16.78bnBRL 16.58bnBRL 15.94bnBRL 15.51bnBRL 15.36bn
Cash and short-term investmentsBRL 1.38bnBRL 2.51bnBRL 815.0mBRL 633.1mBRL 1.04bnBRL 712.3mBRL 827.8mBRL 1.09bn
DebtBRL 833.1mBRL 9.43bnBRL 7.68bnBRL 6.68bnBRL 6.88bnBRL 6.07bnBRL 6.19bnBRL 6.24bn
Shareholders' equityBRL 8.85bnBRL 8.77bnBRL 8.58bnBRL 8.61bnBRL 8.42bnBRL 8.30bnBRL 8.05bnBRL 7.87bn

Financial ratios

Data as of 25 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2007
Gross margin41.1%42.8%41.4%37.5%36.5%45.0%—
Operating margin24.7%25.3%26.0%19.8%22.3%24.8%—
Net margin17.0%16.7%18.6%13.7%9.1%15.3%—
Return on equity16.5%16.4%18.2%11.6%8.0%12.6%—
Return on assets8.0%8.5%9.7%6.4%4.2%6.9%—
Free cash flow yield11.1%12.8%10.2%6.5%8.6%8.7%—
Revenue growth5.7%6.4%19.9%4.8%10.3%3.6%—
Earnings growth7.5%-4.5%63.6%56.9%-34.2%8.2%—
Current ratio1.38x1.44x1.26x1.26x1.34x1.44x—
Debt to equity0.89x0.77x0.63x0.58x0.59x0.59x—
Equity ratio48.4%51.9%53.4%55.0%53.1%54.8%—
Interest coverage3.99x5.31x9.18x3.75x4.29x8.48x—
R&D as a share of sales0.1%0.0%————3.7%
Buybacks as a share of market value0.0%0.0%-0.0%0.0%0.0%-0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue10.5%9.3%8.1%
Operating income19.0%9.2%20.7%
Net income18.8%11.6%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin41.9%40.9%40.8%40.0%
Operating margin25.0%24.2%24.0%22.1%
Net margin16.9%16.6%15.4%13.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings11.86.05.67.09.07.611.413.39.810.8
Price to sales2.01.01.11.00.81.21.71.61.31.2

Dividends and splits

Per share, in the currency the company pays

Paid for 20 years. Last went ex-dividend on 22 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year1.1022.2842.7722.8930.3840.6672.6680.576
  • 3-for-1 split · 26 Nov 2020

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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