Sabesp (NYSE: SBS) financial statements
The consolidated income statement, balance sheet and cash flow statement of Sabesp 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 104,203m in total assets and BRL 42,401m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 38,092m | BRL 36,145m | BRL 25,572m | BRL 22,056m | BRL 19,491m | BRL 17,798m | BRL 17,984m | BRL 16,085m | BRL 14,608m | BRL 14,098m |
| Cost of sales | BRL 23,992m | BRL 16,603m | BRL 16,052m | BRL 14,351m | BRL 12,800m | BRL 11,180m | BRL 10,138m | BRL 9,086m | BRL 8,779m | BRL 9,013m |
| Gross profit | BRL 14,100m | BRL 19,542m | BRL 9,520m | BRL 7,705m | BRL 6,691m | BRL 6,618m | BRL 7,846m | BRL 6,999m | BRL 5,829m | BRL 5,085m |
| Operating profit | BRL 15,928m | BRL 16,344m | BRL 7,463m | BRL 6,229m | BRL 4,618m | BRL 2,651m | BRL 5,851m | BRL 4,720m | BRL 4,192m | BRL 4,969m |
| Finance costs | BRL 4,226m | BRL 2,701m | BRL 2,709m | BRL 1,956m | BRL 1,448m | BRL 1,325m | BRL 1,173m | BRL 808.0m | BRL 688.3m | BRL 839.9m |
| Profit before tax | BRL 11,702m | BRL 13,643m | BRL 4,754m | BRL 4,273m | BRL 3,170m | BRL 1,326m | BRL 4,678m | BRL 3,912m | BRL 3,504m | BRL 4,129m |
| Income tax | BRL 2,742m | BRL 1,303m | BRL 1,546m | BRL 1,230m | BRL 961.6m | BRL 460.7m | BRL 1,155m | BRL 852.7m | BRL 882.8m | BRL 1,121m |
| Net profit | BRL 8,462m | BRL 9,580m | BRL 3,524m | BRL 3,121m | BRL 2,306m | BRL 973.3m | BRL 3,368m | BRL 2,835m | BRL 2,519m | BRL 2,947m |
| Earnings per share | BRL 2.48 | BRL 14.02 | BRL 5.16 | BRL 4.57 | BRL 3.37 | BRL 1.42 | — | — | — | — |
| Diluted earnings per share | BRL 2.47 | BRL 14.02 | BRL 5.16 | BRL 4.57 | BRL 3.37 | BRL 1.42 | — | — | — | — |
| Depreciation and amortisation | BRL 2,209m | BRL 2,677m | BRL 2,791m | BRL 2,451m | BRL 2,253m | BRL 2,037m | BRL 1,780m | BRL 1,393m | BRL 1,302m | BRL 1,147m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 104,203m | BRL 80,965m | BRL 61,471m | BRL 57,208m | BRL 53,165m | BRL 50,419m | BRL 46,458m | BRL 43,565m | BRL 39,546m | BRL 36,745m |
| Current assets | BRL 18,557m | BRL 10,609m | BRL 7,783m | BRL 7,285m | BRL 6,503m | BRL 6,441m | BRL 4,896m | BRL 5,602m | BRL 4,574m | BRL 3,824m |
| Inventories | BRL 22.1m | BRL 10.8m | BRL 86.0m | BRL 124.2m | BRL 113.5m | BRL 104.8m | BRL 70.5m | BRL 65.6m | BRL 85.7m | BRL 58.0m |
| Property, plant and equipment | BRL 890.8m | BRL 561.5m | BRL 474.6m | BRL 338.9m | BRL 291.2m | BRL 268.3m | BRL 314.4m | BRL 267.6m | BRL 255.1m | BRL 302.4m |
| Cash | BRL 4,663m | BRL 1,683m | BRL 838.5m | BRL 1,867m | BRL 717.9m | BRL 396.4m | BRL 2,253m | BRL 3,029m | BRL 2,283m | BRL 1,886m |
| Total liabilities | BRL 61,802m | BRL 44,037m | BRL 31,614m | BRL 29,874m | BRL 28,234m | BRL 27,625m | BRL 24,822m | BRL 24,013m | BRL 22,033m | BRL 21,326m |
| Current liabilities | BRL 16,553m | BRL 11,972m | BRL 8,408m | BRL 6,657m | BRL 5,093m | BRL 5,900m | BRL 6,453m | BRL 5,399m | BRL 4,772m | BRL 4,303m |
| Equity | BRL 42,401m | BRL 36,928m | BRL 29,857m | BRL 27,334m | BRL 24,932m | BRL 22,794m | BRL 21,636m | BRL 19,552m | BRL 17,513m | BRL 15,419m |
| Equity including minorities | BRL 42,401m | BRL 36,928m | BRL 29,857m | BRL 27,334m | BRL 24,932m | BRL 22,794m | BRL 21,636m | BRL 19,552m | BRL 17,513m | BRL 15,419m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | BRL 8,361m | BRL 7,405m | BRL 4,854m | BRL 3,968m | BRL 3,914m | BRL 4,978m | BRL 4,197m | BRL 3,843m | BRL 3,302m | BRL 3,004m |
| Investing cash flow | −BRL 15,704m | −BRL 9,976m | −BRL 4,906m | −BRL 2,878m | −BRL 2,663m | −BRL 6,769m | −BRL 3,267m | −BRL 2,189m | −BRL 1,971m | −BRL 2,131m |
| Financing cash flow | BRL 10,323m | BRL 3,415m | −BRL 977.8m | BRL 60.3m | −BRL 929.0m | −BRL 66.3m | −BRL 1,706m | −BRL 907.5m | −BRL 933.6m | −BRL 625.9m |
| Capital expenditure | — | −BRL 100.7m | −BRL 147.2m | −BRL 73.7m | −BRL 50.3m | −BRL 42.4m | −BRL 78.2m | −BRL 50.6m | −BRL 18.9m | −BRL 27.6m |
| Dividends paid | −BRL 2,364m | −BRL 718.7m | −BRL 823.7m | −BRL 603.5m | −BRL 254.2m | −BRL 890.1m | −BRL 740.0m | −BRL 653.4m | −BRL 765.9m | −BRL 139.4m |
Where each figure comes from
From the annual report (Form 20-F) that Sabesp files with the SEC. 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 Sabesp 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.