Panvel (B3: PNVL3) financial statements
The consolidated income statement, balance sheet and cash flow statement of Panvel for its last 10 fiscal years, as filed with the regulator, in millions of Brazilian reais. At the end of fiscal 2025 it had BRL 3,831m in total assets and BRL 1,282m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 5,512m | BRL 4,942m | BRL 4,461m | BRL 3,990m | BRL 3,225m | BRL 2,819m | BRL 2,725m | BRL 2,432m | BRL 2,258m | BRL 2,129m |
| Cost of sales | BRL 3,728m | BRL 3,371m | BRL 3,084m | BRL 2,748m | BRL 2,237m | BRL 1,995m | BRL 1,916m | BRL 1,716m | BRL 1,722m | BRL 1,608m |
| Gross profit | BRL 1,785m | BRL 1,571m | BRL 1,377m | BRL 1,243m | BRL 988.6m | BRL 823.7m | BRL 808.9m | BRL 716.0m | BRL 536.5m | BRL 520.3m |
| Operating profit | BRL 254.7m | BRL 195.3m | BRL 166.6m | BRL 137.3m | BRL 101.5m | BRL 92.2m | BRL 119.8m | BRL 111.6m | BRL 93.9m | BRL 91.6m |
| Profit before tax | BRL 145.5m | BRL 112.6m | BRL 91.6m | BRL 78.4m | BRL 83.2m | BRL 53.3m | BRL 80.8m | BRL 92.6m | BRL 73.9m | BRL 72.7m |
| Income tax | BRL 20.9m | BRL 7.1m | −BRL 1.3m | −BRL 7.9m | BRL 3.8m | −BRL 2.8m | BRL 4.1m | BRL 17.6m | BRL 14.1m | BRL 19.7m |
| Net profit | BRL 124.6m | BRL 105.5m | BRL 92.9m | BRL 86.3m | BRL 79.4m | BRL 56.2m | BRL 76.8m | BRL 75.0m | BRL 59.8m | BRL 53.1m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 3,831m | BRL 3,377m | BRL 3,077m | BRL 2,733m | BRL 2,381m | BRL 2,194m | BRL 1,460m | BRL 1,000m | BRL 950.2m | BRL 821.0m |
| Current assets | BRL 2,298m | BRL 2,013m | BRL 1,840m | BRL 1,559m | BRL 1,395m | BRL 1,377m | BRL 851.1m | BRL 727.1m | BRL 705.0m | BRL 590.4m |
| Cash | BRL 43.7m | BRL 80.0m | BRL 28.0m | BRL 25.7m | BRL 54.4m | BRL 130.1m | BRL 71.4m | BRL 39.1m | BRL 58.8m | BRL 22.3m |
| Total liabilities | BRL 2,549m | BRL 2,143m | BRL 1,904m | BRL 1,625m | BRL 1,335m | BRL 1,184m | BRL 936.1m | BRL 536.5m | BRL 523.4m | BRL 439.3m |
| Current liabilities | BRL 1,321m | BRL 1,185m | BRL 1,134m | BRL 1,008m | BRL 815.0m | BRL 677.7m | BRL 501.2m | BRL 470.2m | BRL 403.8m | BRL 370.5m |
| Equity | BRL 1,282m | BRL 1,235m | BRL 1,173m | BRL 1,108m | BRL 1,046m | BRL 1,011m | BRL 524.2m | BRL 463.9m | BRL 426.7m | BRL 381.7m |
| Equity including minorities | BRL 1,282m | BRL 1,235m | BRL 1,173m | BRL 1,108m | BRL 1,046m | BRL 1,011m | BRL 524.2m | BRL 463.9m | BRL 426.7m | BRL 381.7m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | BRL 473.1m | BRL 224.4m | BRL 296.6m | BRL 205.5m | BRL 131.2m | BRL 131.0m | BRL 55.9m | BRL 109.9m | BRL 40.9m | BRL 101.6m |
| Investing cash flow | −BRL 383.3m | −BRL 55.7m | −BRL 196.6m | −BRL 131.1m | BRL 14.9m | −BRL 390.5m | −BRL 53.9m | −BRL 58.9m | −BRL 43.2m | −BRL 37.6m |
| Financing cash flow | −BRL 126.0m | −BRL 116.7m | −BRL 97.8m | −BRL 103.1m | −BRL 221.8m | BRL 318.2m | BRL 30.2m | −BRL 70.6m | BRL 38.8m | −BRL 58.6m |
| Dividends paid | −BRL 26.5m | −BRL 33.2m | −BRL 28.7m | −BRL 24.8m | −BRL 20.4m | −BRL 18.2m | −BRL 20.8m | −BRL 17.9m | −BRL 17.3m | −BRL 15.8m |
Where each figure comes from
From the annual financial statements (DFP) that Panvel files with the CVM, the Brazilian securities regulator. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Panvel page.
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Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.