Vulcabras (B3: VULC3) financial statements
The consolidated income statement, balance sheet and cash flow statement of Vulcabras 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 3,879m in total assets and BRL 2,427m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 3,560m | BRL 3,049m | BRL 2,818m | BRL 2,537m | BRL 1,867m | BRL 1,179m | BRL 1,360m | BRL 1,249m | BRL 1,263m | BRL 1,134m |
| Cost of sales | BRL 2,099m | BRL 1,770m | BRL 1,642m | BRL 1,599m | BRL 1,208m | BRL 831.0m | BRL 888.2m | BRL 800.4m | BRL 780.7m | BRL 741.7m |
| Gross profit | BRL 1,461m | BRL 1,278m | BRL 1,176m | BRL 937.4m | BRL 659.4m | BRL 348.2m | BRL 471.8m | BRL 448.6m | BRL 482.4m | BRL 392.6m |
| Operating profit | BRL 753.1m | BRL 580.5m | BRL 542.5m | BRL 443.6m | BRL 325.7m | BRL 36.3m | BRL 141.8m | BRL 159.8m | BRL 240.7m | BRL 118.9m |
| Profit before tax | BRL 854.1m | BRL 603.1m | BRL 537.7m | BRL 484.9m | BRL 338.1m | BRL 36.2m | BRL 146.9m | BRL 153.6m | BRL 191.1m | BRL 36.8m |
| Income tax | −BRL 311.2m | BRL 33.3m | BRL 42.9m | BRL 14.9m | BRL 24.3m | BRL 4.7m | BRL 3.8m | BRL 1.5m | BRL 2.2m | BRL 1.1m |
| Net profit | BRL 1,165m | BRL 569.9m | BRL 494.9m | BRL 469.9m | BRL 313.8m | BRL 31.6m | BRL 143.1m | BRL 152.1m | BRL 188.9m | BRL 35.7m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 3,879m | BRL 2,993m | BRL 2,775m | BRL 2,521m | BRL 1,995m | BRL 1,679m | BRL 1,355m | BRL 1,327m | BRL 1,120m | BRL 1,079m |
| Current assets | BRL 2,379m | BRL 2,128m | BRL 1,961m | BRL 1,593m | BRL 1,299m | BRL 1,111m | BRL 794.2m | BRL 800.3m | BRL 668.0m | BRL 617.0m |
| Cash | BRL 204.0m | BRL 307.7m | BRL 361.0m | BRL 197.2m | BRL 114.6m | BRL 158.6m | BRL 62.2m | BRL 68.6m | BRL 100.5m | BRL 17.1m |
| Total liabilities | BRL 1,452m | BRL 883.0m | BRL 779.9m | BRL 808.9m | BRL 638.7m | BRL 553.9m | BRL 267.7m | BRL 385.3m | BRL 335.9m | BRL 1,027m |
| Current liabilities | BRL 728.1m | BRL 668.9m | BRL 511.7m | BRL 570.0m | BRL 494.9m | BRL 305.2m | BRL 149.2m | BRL 275.1m | BRL 266.6m | BRL 441.5m |
| Equity | BRL 2,427m | BRL 2,110m | BRL 1,995m | BRL 1,711m | BRL 1,356m | BRL 1,125m | BRL 1,087m | BRL 941.2m | BRL 784.3m | BRL 51.6m |
| Equity including minorities | BRL 2,427m | BRL 2,110m | BRL 1,995m | BRL 1,712m | BRL 1,357m | BRL 1,125m | BRL 1,087m | BRL 941.5m | BRL 784.6m | BRL 51.9m |
| Minority interests | BRL 0.3m | BRL 0.4m | BRL 0.3m | BRL 0.3m | BRL 0.3m | BRL 0.3m | BRL 0.3m | BRL 0.3m | BRL 0.3m | BRL 0.2m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | BRL 541.6m | BRL 564.5m | BRL 523.3m | BRL 300.6m | BRL 98.4m | BRL 16.5m | BRL 203.8m | BRL 125.5m | BRL 299.6m | BRL 134.9m |
| Investing cash flow | −BRL 231.9m | −BRL 183.4m | −BRL 137.2m | −BRL 156.3m | −BRL 91.6m | −BRL 173.7m | −BRL 180.1m | −BRL 120.8m | −BRL 62.5m | −BRL 58.0m |
| Financing cash flow | −BRL 413.7m | −BRL 434.4m | −BRL 222.3m | −BRL 62.9m | −BRL 49.4m | BRL 254.3m | −BRL 29.9m | −BRL 35.3m | −BRL 153.7m | −BRL 84.6m |
| Dividends paid | −BRL 978.6m | −BRL 783.0m | −BRL 229.1m | −BRL 90.9m | −BRL 86.0m | — | — | — | −BRL 0.8m | — |
Where each figure comes from
From the annual financial statements (DFP) that Vulcabras 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 Vulcabras page.
More companies from Brazil and the rest of the region: Latin American stocks.
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.