Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADR
NYSE: SBS · UTILITIES · UTILITIES - REGULATED WATER
Updated 2026-06-12
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADR (SBS) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $5.53B | $778.90M | 52.66% | 32.64% | 14.09% |
| 2007 | $5.97B | $1.05B | 54.85% | 25.38% | 17.56% |
| 2008 | $6.84B | $63.57M | 51.47% | 17.10% | 0.93% |
| 2009 | $6.73B | $1.37B | 54.29% | 31.81% | 20.41% |
| 2010 | $9.23B | $1.63B | 43.73% | 28.95% | 17.66% |
| 2011 | $9.94B | $1.22B | 39.34% | 23.68% | 12.31% |
| 2012 | $10.75B | $1.91B | 39.88% | 26.46% | 17.78% |
| 2013 | $11.32B | $1.92B | 39.76% | 27.74% | 17.00% |
| 2014 | $11.21B | $902.98M | 31.91% | 17.06% | 8.05% |
| 2015 | $11.71B | $536.28M | 29.46% | 25.99% | 4.58% |
| 2016 | $14.10B | $2.95B | 36.07% | 24.33% | 20.90% |
| 2017 | $14.61B | $2.52B | 39.90% | 27.12% | 17.25% |
| 2018 | $16.09B | $2.84B | 43.51% | 32.18% | 17.63% |
| 2019 | $17.98B | $3.37B | 43.63% | 31.76% | 18.73% |
| 2020 | $17.80B | $973.32M | 37.18% | 25.24% | 5.47% |
| 2021 | $19.49B | $2.31B | 34.33% | 21.02% | 11.83% |
| 2022 | $22.06B | $3.12B | 34.93% | 21.06% | 14.15% |
| 2023 | $25.57B | $3.52B | 37.23% | 24.82% | 13.78% |
| 2024 | $36.15B | $9.58B | 54.07% | 42.91% | 26.50% |
| 2025 | $37.34B | $8.30B | 36.64% | 32.23% | 22.21% |
Frequently asked questions
What is Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADR's revenue?
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADR's trailing twelve-month revenue is $39.63B, and consensus projects about $56.41B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is SBS?
In its most recent fiscal year, SBS ran a gross margin of 36.64%, an operating margin of 32.23%, and a net margin of 22.21%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does SBS generate?
SBS produced $7.93B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is SBS's balance sheet healthy?
SBS holds $4.67B in cash and equivalents against $34.93B in long-term debt, on $42.38B of shareholder equity. That debt is best read against the cash flow the business throws off each year.