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Hidrovias do Brasil HBSA3.SA · BRL

Industrials · B3 · 🇧🇷 Brazil

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3.02

-0.66%

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 2.24bn

FY2016FY2025

Net income

−BRL 140.9m

FY2016FY2025

Free cash flow

BRL 385.3m

FY2016FY2025

Shareholders' equity

BRL 2.16bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueBRL 2.24bnBRL 1.35bnBRL 1.92bnBRL 1.77bnBRL 1.12bnBRL 1.46bnBRL 937.9mBRL 1.26bnBRL 790.6mBRL 392.6m
Gross profitBRL 908.1mBRL 6.4mBRL 681.9mBRL 618.2mBRL 234.6mBRL 372.5mBRL 312.2mBRL 623.6mBRL 338.6mBRL 114.8m
Operating incomeBRL 607.0m−BRL 268.0mBRL 341.0mBRL 396.3mBRL 90.3mBRL 170.7mBRL 256.7mBRL 569.8mBRL 226.1mBRL 70.3m
Net income−BRL 140.9m−BRL 621.7mBRL 17.6m−BRL 8.2m−BRL 339.1m−BRL 105.5mBRL 58.6mBRL 162.1mBRL 11.7m−BRL 88.9m
Diluted earnings per share-0.10-0.770.02-0.01-0.45-0.140.070.200.01-0.14

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsBRL 6.49bnBRL 7.17bnBRL 6.25bnBRL 6.36bnBRL 6.52bnBRL 5.71bnBRL 4.72bnBRL 4.77bnBRL 3.69bnBRL 3.56bn
Cash and short-term investmentsBRL 1.11bnBRL 1.05bnBRL 813.9mBRL 734.6mBRL 659.0mBRL 1.03bnBRL 959.1mBRL 1.09bnBRL 189.1mBRL 262.4m
Total liabilitiesBRL 4.33bnBRL 6.22bnBRL 4.87bnBRL 5.03bnBRL 5.27bnBRL 4.19bnBRL 3.17bnBRL 3.16bnBRL 2.37bnBRL 2.37bn
DebtBRL 3.73bnBRL 5.12bnBRL 4.30bnBRL 4.55bnBRL 4.94bnBRL 3.96bnBRL 3.02bnBRL 2.94bnBRL 2.14bnBRL 2.05bn
Shareholders' equityBRL 2.16bnBRL 948.1mBRL 1.38bnBRL 1.33bnBRL 1.25bnBRL 1.53bnBRL 1.54bnBRL 1.61bnBRL 1.32bnBRL 1.18bn
Shares outstanding1,360m810m810m760m760m760m810m810m810m657m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsBRL 702.0mBRL 121.9mBRL 441.6mBRL 514.6mBRL 47.7mBRL 238.4mBRL 126.7mBRL 203.7mBRL 261.8m−BRL 32.2m
Capital spending−BRL 316.7m−BRL 311.6m−BRL 274.0m−BRL 281.0m−BRL 534.1m−BRL 302.6m−BRL 99.2m−BRL 130.1m−BRL 201.0m−BRL 352.5m
Free cash flowBRL 385.3m−BRL 189.8mBRL 167.6mBRL 233.6m−BRL 486.3m−BRL 64.2mBRL 27.5mBRL 73.6mBRL 60.8m−BRL 384.7m
Dividends paid—————−BRL 2.0m−BRL 135.9m−BRL 135.9m−BRL 135.9m—

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueBRL 664.1mBRL 445.2mBRL 486.2mBRL 650.9mBRL 622.4mBRL 481.6mBRL 60.8mBRL 489.4m
Gross profitBRL 301.9mBRL 117.3mBRL 135.9mBRL 299.4mBRL 284.3mBRL 188.5m−BRL 278.9mBRL 138.9m
Operating incomeBRL 229.0mBRL 50.6mBRL 39.6mBRL 218.1mBRL 223.2mBRL 125.8m−BRL 396.1mBRL 41.5m
Net incomeBRL 100.4m−BRL 34.2m−BRL 361.4mBRL 116.3mBRL 81.0mBRL 23.2m−BRL 446.0m−BRL 48.6m
Diluted earnings per share0.07-0.03-0.270.090.060.02-0.55-0.06
Cash from operationsBRL 484.0m−BRL 92.0m−BRL 134.0mBRL 414.0mBRL 426.0m−BRL 5.0m−BRL 60.0mBRL 43.0m
Capital spending−BRL 35.0m−BRL 39.0m−BRL 87.0m−BRL 52.0m−BRL 78.0m−BRL 97.0m−BRL 154.0m−BRL 66.0m
Free cash flowBRL 449.0m−BRL 131.0m−BRL 221.0mBRL 362.0mBRL 348.0m−BRL 102.0m−BRL 214.0m−BRL 23.0m
Total assetsBRL 5.92bnBRL 6.19bnBRL 6.49bnBRL 6.90bnBRL 6.88bnBRL 6.26bnBRL 7.17bnBRL 6.51bn
Cash and short-term investmentsBRL 747.6mBRL 918.6mBRL 1.11bnBRL 1.13bnBRL 1.10bnBRL 397.2mBRL 1.05bnBRL 758.4m
DebtBRL 60.9mBRL 3.49bnBRL 3.73bnBRL 3.70bnBRL 3.74bnBRL 3.85bnBRL 5.10bnBRL 4.62bn
Shareholders' equityBRL 2.09bnBRL 2.01bnBRL 2.16bnBRL 2.27bnBRL 2.20bnBRL 949.9mBRL 948.1mBRL 1.32bn

Financial ratios

Data as of 15 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin40.5%0.5%35.4%35.0%21.0%25.5%
Operating margin27.1%-16.6%19.1%17.1%11.2%11.0%
Net margin-6.3%-46.0%0.9%-0.5%-30.4%-7.2%
Return on equity-6.5%-65.6%1.3%-0.6%-27.2%-6.9%
Return on assets-2.2%-8.7%0.3%-0.1%-5.2%-1.8%
Free cash flow yield18.4%13.2%21.8%25.8%18.8%17.5%
Revenue growth65.7%-29.7%8.8%58.5%-23.7%55.9%
Earnings growth-77.3%-3632.6%-315.6%-97.6%221.3%-280.1%
Current ratio2.97x0.71x1.78x1.86x2.04x3.20x
Debt to equity1.62x5.12x2.94x3.23x3.77x2.45x
Equity ratio33.3%13.2%22.1%20.9%19.1%26.7%
Interest coverage1.68x-0.65x1.22x0.85x0.29x0.75x
Buybacks as a share of market value-68.0%0.0%-6.5%0.0%0.0%6.1%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue8.2%8.9%27.6%
Operating income15.3%28.9%—
Net income158.4%6.0%8.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin25.4%30.4%28.6%31.3%
Operating margin9.4%14.8%13.6%18.1%
Net margin-21.2%-10.3%-12.1%-8.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020
Price to earnings-36.0-3.4170.2-197.7-7.3-46.7
Price to sales2.31.61.60.92.23.4

Sources and methodology

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

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