Schulz (B3: SHUL4) financial statements
The consolidated income statement, balance sheet and cash flow statement of Schulz 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 3,094m in total assets and BRL 1,499m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 1,939m | BRL 1,946m | BRL 1,926m | BRL 2,093m | BRL 1,706m | BRL 1,051m | BRL 1,060m | BRL 946.6m | BRL 686.8m | BRL 579.7m |
| Cost of sales | BRL 1,483m | BRL 1,444m | BRL 1,424m | BRL 1,550m | BRL 1,326m | BRL 809.8m | BRL 829.5m | BRL 721.5m | BRL 527.8m | BRL 445.5m |
| Gross profit | BRL 456.0m | BRL 502.2m | BRL 501.3m | BRL 543.4m | BRL 379.3m | BRL 241.4m | BRL 230.9m | BRL 225.1m | BRL 158.9m | BRL 134.2m |
| Operating profit | BRL 238.3m | BRL 290.3m | BRL 304.3m | BRL 379.0m | BRL 240.5m | BRL 143.7m | BRL 96.4m | BRL 88.1m | BRL 58.2m | BRL 38.5m |
| Profit before tax | BRL 290.4m | BRL 287.1m | BRL 305.7m | BRL 300.2m | BRL 203.6m | BRL 176.5m | BRL 80.8m | BRL 70.5m | BRL 52.8m | BRL 35.5m |
| Income tax | BRL 1.5m | BRL 31.9m | BRL 27.8m | BRL 30.3m | BRL 10.8m | BRL 34.7m | −BRL 16.3m | BRL 0.3m | BRL 12.7m | BRL 4.9m |
| Net profit | BRL 289.0m | BRL 255.3m | BRL 278.0m | BRL 270.0m | BRL 192.7m | BRL 141.8m | BRL 97.2m | BRL 70.2m | BRL 40.1m | BRL 30.7m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 3,094m | BRL 2,602m | BRL 2,380m | BRL 2,370m | BRL 2,181m | BRL 1,782m | BRL 1,397m | BRL 1,291m | BRL 1,078m | BRL 936.4m |
| Current assets | BRL 1,996m | BRL 1,623m | BRL 1,555m | BRL 1,562m | BRL 1,427m | BRL 1,167m | BRL 857.9m | BRL 832.6m | BRL 708.2m | BRL 579.4m |
| Cash | BRL 26.1m | BRL 26.8m | BRL 64.0m | BRL 72.0m | BRL 74.3m | BRL 166.8m | BRL 35.9m | BRL 36.0m | BRL 74.9m | BRL 47.7m |
| Total liabilities | BRL 1,594m | BRL 1,178m | BRL 1,082m | BRL 1,255m | BRL 1,272m | BRL 1,040m | BRL 777.2m | BRL 750.5m | BRL 590.3m | BRL 479.7m |
| Current liabilities | BRL 767.3m | BRL 513.5m | BRL 533.3m | BRL 577.0m | BRL 481.5m | BRL 511.6m | BRL 342.0m | BRL 301.6m | BRL 216.9m | BRL 240.3m |
| Equity | BRL 1,499m | BRL 1,424m | BRL 1,298m | BRL 1,115m | BRL 908.5m | BRL 742.4m | BRL 620.1m | BRL 540.7m | BRL 487.2m | BRL 456.8m |
| Equity including minorities | BRL 1,500m | BRL 1,425m | BRL 1,298m | BRL 1,115m | BRL 908.5m | BRL 742.4m | BRL 620.1m | BRL 540.7m | BRL 487.2m | BRL 456.8m |
| Minority interests | BRL 0.7m | BRL 0.5m | BRL 0.3m | BRL 0.0m | BRL 0.0m | BRL 0.0m | BRL 0.0m | BRL 0.0m | BRL 0.0m | BRL 0.0m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | BRL 269.6m | BRL 387.0m | BRL 486.7m | BRL 458.3m | −BRL 17.8m | BRL 192.3m | BRL 133.1m | BRL 74.1m | BRL 44.8m | BRL 79.3m |
| Investing cash flow | −BRL 107.5m | −BRL 223.4m | −BRL 87.2m | −BRL 130.5m | −BRL 131.3m | −BRL 123.9m | −BRL 108.8m | −BRL 123.5m | −BRL 44.3m | −BRL 15.5m |
| Financing cash flow | BRL 174.4m | −BRL 193.4m | −BRL 214.6m | −BRL 122.7m | BRL 154.0m | BRL 58.2m | −BRL 6.8m | BRL 60.9m | BRL 40.1m | −BRL 68.5m |
| Dividends paid | −BRL 101.8m | −BRL 151.2m | −BRL 73.0m | −BRL 47.3m | −BRL 39.8m | −BRL 12.9m | −BRL 21.1m | −BRL 17.6m | −BRL 8.9m | −BRL 7.4m |
Where each figure comes from
From the annual financial statements (DFP) that Schulz 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 Schulz 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.