GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
E

Eneva ENEV3.SA · BRL

Utilities · B3 · 🇧🇷 Brazil

Compare

27.40

+2.09%

Close of 9 Nov 2026, in BRL

Search any instrument

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 18.42bn

FY2016FY2025

Net income

BRL 1.16bn

FY2016FY2025

Free cash flow

−BRL 2.03bn

FY2016FY2025

Shareholders' equity

BRL 19.82bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueBRL 18.42bnBRL 11.39bnBRL 10.09bnBRL 6.13bnBRL 5.12bnBRL 3.24bnBRL 3.14bnBRL 3.13bnBRL 2.72bnBRL 2.16bn
Gross profitBRL 4.37bnBRL 3.95bnBRL 3.71bnBRL 1.88bnBRL 1.94bnBRL 1.50bnBRL 1.24bnBRL 1.26bnBRL 1.11bnBRL 731.9m
Research and development—BRL 72.7mBRL 69.0mBRL 44.8mBRL 47.6mBRL 29.9mBRL 30.1m———
Operating incomeBRL 3.45bnBRL 2.88bnBRL 2.07bnBRL 996.1mBRL 1.44bnBRL 1.13bnBRL 847.5mBRL 934.7mBRL 732.2mBRL 600.9m
Net incomeBRL 1.16bnBRL 42.0mBRL 217.7mBRL 375.8mBRL 1.17bnBRL 1.01bnBRL 600.8mBRL 887.9mBRL 95.5m−BRL 108.1m
Diluted earnings per share0.600.020.140.240.923.190.470.700.09-0.11

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsBRL 56.84bnBRL 52.77bnBRL 43.57bnBRL 41.71bnBRL 18.24bnBRL 16.22bnBRL 13.86bnBRL 12.30bnBRL 10.91bnBRL 10.36bn
Cash and short-term investmentsBRL 2.65bnBRL 3.87bnBRL 2.59bnBRL 2.02bnBRL 1.68bnBRL 1.90bnBRL 1.79bnBRL 1.36bnBRL 984.0mBRL 626.8m
Total liabilitiesBRL 35.43bnBRL 32.56bnBRL 28.63bnBRL 27.98bnBRL 9.25bnBRL 8.29bnBRL 6.96bnBRL 6.02bnBRL 5.53bnBRL 5.88bn
DebtBRL 23.09bnBRL 21.87bnBRL 23.29bnBRL 22.13bnBRL 7.91bnBRL 7.14bnBRL 5.69bnBRL 5.20bnBRL 4.34bnBRL 4.90bn
Shareholders' equityBRL 19.82bnBRL 18.91bnBRL 12.36bnBRL 13.68bnBRL 9.00bnBRL 7.93bnBRL 6.90bnBRL 6.30bnBRL 5.39bnBRL 4.49bn
Shares outstanding1,916m1,931m1,583m1,582m1,275m316m1,271m1,260m1,033m952m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsBRL 3.63bnBRL 4.16bnBRL 2.79bnBRL 1.27bnBRL 1.23bnBRL 1.25bnBRL 1.37bnBRL 1.53bnBRL 1.01bnBRL 665.0m
Capital spending−BRL 5.66bn−BRL 2.56bn−BRL 2.56bn−BRL 2.40bn−BRL 1.14bn−BRL 2.09bn−BRL 829.9m−BRL 455.6m−BRL 308.9m−BRL 156.8m
Free cash flow−BRL 2.03bnBRL 1.60bnBRL 226.4m−BRL 1.13bnBRL 97.0m−BRL 842.0mBRL 536.3mBRL 1.07bnBRL 700.8mBRL 508.2m
Dividends paid—−BRL 233.7m−BRL 42.6m———————

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueBRL 3.98bnBRL 4.68bnBRL 6.05bnBRL 4.43bnBRL 3.51bnBRL 4.42bnBRL 4.86bnBRL 2.58bn
Gross profitBRL 1.50bnBRL 909.9mBRL 1.07bnBRL 1.37bnBRL 1.34bnBRL 1.32bnBRL 1.13bnBRL 969.6m
Operating incomeBRL 1.31bnBRL 712.6mBRL 703.8mBRL 940.5mBRL 1.13bnBRL 972.4mBRL 458.3mBRL 750.9m
Net incomeBRL 31.2mBRL 522.7mBRL 57.0mBRL 351.7mBRL 364.5mBRL 384.4m−BRL 1.07bnBRL 102.7m
Diluted earnings per share0.020.270.030.180.190.20-0.550.05
Cash from operationsBRL 1.20bnBRL 994.0mBRL 828.0mBRL 1.89bnBRL 1.17bnBRL 879.0mBRL 1.06bnBRL 1.18bn
Capital spending−BRL 1.77bn−BRL 1.94bn−BRL 1.87bn−BRL 1.40bn−BRL 1.47bn−BRL 916.0m−BRL 833.0m−BRL 611.0m
Free cash flow−BRL 573.0m−BRL 944.0m−BRL 1.04bnBRL 490.0m−BRL 306.0m−BRL 37.0mBRL 228.0mBRL 567.0m
Total assetsBRL 58.09bnBRL 58.67bnBRL 56.84bnBRL 54.45bnBRL 53.39bnBRL 54.58bnBRL 52.77bnBRL 47.34bn
Cash and short-term investmentsBRL 2.54bnBRL 3.50bnBRL 2.65bnBRL 3.94bnBRL 3.86bnBRL 4.77bnBRL 3.87bnBRL 2.12bn
DebtBRL 1.16bnBRL 877.7mBRL 23.09bnBRL 21.89bnBRL 23.22bnBRL 23.40bnBRL 21.90bnBRL 21.44bn
Shareholders' equityBRL 20.36bnBRL 20.38bnBRL 19.82bnBRL 19.85bnBRL 19.50bnBRL 19.14bnBRL 18.91bnBRL 15.05bn

Financial ratios

Data as of 19 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin23.7%34.7%36.8%30.6%37.9%46.2%—
Operating margin18.8%25.3%20.6%16.3%28.2%34.7%—
Net margin6.3%0.4%2.2%6.1%22.9%31.1%—
Return on equity5.8%0.2%1.8%2.7%13.0%12.7%—
Return on assets2.0%0.1%0.5%0.9%6.4%6.2%—
Free cash flow yield17.6%12.6%12.3%8.4%6.7%38.3%—
Revenue growth61.7%12.8%64.7%19.6%58.0%3.4%—
Earnings growth2655.3%-80.7%-42.1%-68.0%16.4%67.7%—
Current ratio1.13x1.47x1.28x1.11x2.22x2.75x—
Debt to equity0.98x0.94x1.63x1.36x0.87x0.90x—
Equity ratio34.9%35.8%28.4%32.8%49.3%48.9%—
Interest coverage2.15x1.47x0.97x1.05x6.14x3.17x—
R&D as a share of sales—0.6%0.7%0.7%0.9%0.9%1.0%
Buybacks as a share of market value0.8%-22.0%-0.1%-24.1%-303.8%75.2%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue44.3%41.5%28.3%
Operating income51.3%25.1%34.6%
Net income45.5%2.8%23.3%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin27.9%30.2%31.9%32.9%
Operating margin21.2%20.4%22.0%22.8%
Net margin4.0%3.9%7.3%8.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings33.4484.199.050.215.44.923.15.737.6-26.2
Price to sales2.11.82.13.13.51.54.41.61.31.3

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 29 Apr 2009.

FY2009
Paid in the year1.647
  • 4-for-1 split · 12 Mar 2021
  • 100-to-1 reverse split · 12 May 2016
  • 3-for-1 split · 16 Aug 2012
  • 20-for-1 split · 20 Jul 2009

Sources and methodology

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

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.