SBS
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADR
NYSE: SBS · UTILITIES · UTILITIES - REGULATED WATER
$32.94
-1.99% today
Updated 2026-04-29
Market cap
$118.61B
P/E ratio
67.22
P/S ratio
3.11x
EPS (TTM)
$0.49
Dividend yield
0.48%
52W range
$18 – $36
Volume
1.5M
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADR (SBS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.53B | $5.97B | $6.84B | $6.73B | $9.23B | $9.94B | $10.75B | $11.32B | $11.21B | $11.71B | $14.10B | $14.61B | $16.09B | $17.98B | $17.80B | $19.49B | $22.06B | $25.57B | $36.15B | $37.34B |
| Revenue growth (YoY) | — | +8.0% | +14.5% | -1.6% | +37.2% | +7.7% | +8.2% | +5.2% | -0.9% | +4.4% | +20.4% | +3.6% | +10.1% | +11.8% | -1.0% | +9.5% | +13.2% | +15.9% | +41.3% | +3.3% |
| Cost of revenue | $2.62B | $2.70B | $3.32B | $3.08B | $5.19B | $6.03B | $6.47B | $6.82B | $7.64B | $8.26B | $9.01B | $8.78B | $9.09B | $10.14B | $11.18B | $12.80B | $14.35B | $16.05B | $16.60B | $23.66B |
| Gross profit | $2.91B | $3.28B | $3.52B | $3.65B | $4.04B | $3.91B | $4.29B | $4.50B | $3.58B | $3.45B | $5.09B | $5.83B | $7.00B | $7.85B | $6.62B | $6.69B | $7.70B | $9.52B | $19.54B | $13.68B |
| Gross margin | 52.7% | 54.9% | 51.5% | 54.3% | 43.7% | 39.3% | 39.9% | 39.8% | 31.9% | 29.5% | 36.1% | 39.9% | 43.5% | 43.6% | 37.2% | 34.3% | 34.9% | 37.2% | 54.1% | 36.6% |
| R&D | — | — | — | — | — | — | $6.30M | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $387.41M | $501.21M | $1.63B | $1.18B | $653.20M | $824.34M | $641.55M | $729.12M | $779.93M | $189.66M | $779.94M | $894.08M | $839.30M | $1.03B | $878.11M | $1.12B | $1.62B | $1.37B | $2.52B | $1.52B |
| Operating income | $1.80B | $1.52B | $1.17B | $2.14B | $2.67B | $2.35B | $2.85B | $3.14B | $1.91B | $3.04B | $3.43B | $3.96B | $5.18B | $5.71B | $4.49B | $4.10B | $4.65B | $6.35B | $15.51B | $12.04B |
| Operating margin | 32.6% | 25.4% | 17.1% | 31.8% | 28.9% | 23.7% | 26.5% | 27.7% | 17.1% | 26.0% | 24.3% | 27.1% | 32.2% | 31.8% | 25.2% | 21.0% | 21.1% | 24.8% | 42.9% | 32.2% |
| EBITDA | $2.80B | $2.92B | $2.81B | $3.06B | $3.28B | $3.23B | $3.69B | $3.90B | $2.75B | $2.26B | $5.79B | $5.31B | $5.99B | $7.30B | $4.12B | $6.16B | $7.94B | $8.96B | $18.11B | $14.20B |
| EBITDA margin | 50.7% | 48.9% | 41.2% | 45.5% | 35.6% | 32.5% | 34.3% | 34.5% | 24.5% | 19.3% | 41.1% | 36.3% | 37.2% | 40.6% | 23.1% | 31.6% | 36.0% | 35.0% | 50.1% | 38.0% |
| EBIT | $2.16B | $2.29B | $2.20B | $2.50B | $2.73B | $2.46B | $2.95B | $3.03B | $1.75B | $1.19B | $4.64B | $4.00B | $4.60B | $5.52B | $2.08B | $3.91B | $5.49B | $6.16B | $15.44B | $12.04B |
| Interest expense | $658.86M | $513.38M | $494.59M | $825.49M | $445.55M | $435.34M | $491.99M | $216.80M | $483.82M | $495.58M | $564.13M | $459.12M | $489.25M | $213.27M | $157.56M | $734.86M | $1.22B | $1.41B | $1.79B | $4.21B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $778.90M | $1.05B | $63.57M | $1.37B | $1.63B | $1.22B | $1.91B | $1.92B | $902.98M | $536.28M | $2.95B | $2.52B | $2.84B | $3.37B | $973.32M | $2.31B | $3.12B | $3.52B | $9.58B | $8.30B |
| Net income growth (YoY) | — | +34.6% | -93.9% | +2061.2% | +18.7% | -25.0% | +56.3% | +0.6% | -53.1% | -40.6% | +449.5% | -14.5% | +12.5% | +18.8% | -71.1% | +136.9% | +35.4% | +12.9% | +171.9% | -13.4% |
| Profit margin | 14.1% | 17.6% | 0.9% | 20.4% | 17.7% | 12.3% | 17.8% | 17.0% | 8.1% | 4.6% | 20.9% | 17.2% | 17.6% | 18.7% | 5.5% | 11.8% | 14.2% | 13.8% | 26.5% | 22.2% |