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Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) 10-Year Financial Performance & Capital Metrics

EBR-B • • Utilities
UtilitiesElectric UtilitiesInternational Electric UtilitiesLatin American Electric Utilities
AboutCentrais Elétricas Brasileiras S.A. - Eletrobras, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil. The company generates electricity through hydroelectric, thermal, nuclear, wind, and solar plants. As of December 31, 2021, it owned and operated 32 hydroelectric plants with a total installed capacity of 46,295.75 megawatts; nine thermal plants, including coal, and oil and gas power generation units with a total installed capacity of 1,505 megawatts; and two nuclear power plants comprising Angra I with an installed capacity of 640 megawatts and Angra II with an installed capacity of 1,350 megawatts. It also operates 66,556 kilometers of transmission lines. The company was incorporated in 1962 and is based in Rio de Janeiro, Brazil.Show more
  • Revenue $40.18B +8.1%
  • EBITDA $23.6B +61.2%
  • Net Income $10.38B +128.1%
  • Free Cash Flow $3.73B -9.5%
  • EBITDA Margin 58.73% +49.1%
  • Net Margin 25.83% +110.9%
  • ROE 8.85% +117.4%
  • Interest Coverage 3.21 +88.1%
  • Debt/Equity 0.64 +16.6%
  • Net Debt/EBITDA 2.19 -34.3%
  • CapEx / Revenue 21.55% +107.3%
  • CapEx Coverage 1.43 -32.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong interest coverage of 3.2x
  • ✓Healthy dividend yield of 5.7%
  • ✓Trading at only 0.2x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y2.88%
5Y6.71%
3Y5.08%
TTM11.98%

Profit (Net Income) CAGR

10Y-
5Y-1.5%
3Y22.5%
TTM-159.2%

EPS CAGR

10Y-
5Y-0.95%
3Y8.33%
TTM-160.59%

ROCE

10Y Avg4.44%
5Y Avg5.05%
3Y Avg4.99%
Latest7.87%

Peer Comparison

Latin American Electric Utilities
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Size & Scale
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Per Share
Growth
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
EBR-BCentrais Elétricas Brasileiras S.A. - Eletrobrás2.7B9.922.208.13%-14.11%-5.5%100%0.64
CEPUCentral Puerto S.A.2.33B15.510.058.1%29.44%11.79%3.7%0.20
ENICEnel Chile S.A.5.93B4.290.04817.2%-66.41%-49.83%100%0.74
EDNEmpresa Distribuidora y Comercializadora Norte Sociedad Anónima542.13M26.330.00191.42%11.45%15.03%0.32

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+32.59B60.75B37.88B24.98B29.04B25.4B34.63B34.07B37.16B40.18B
Revenue Growth %0.08%0.86%-0.38%-0.34%0.16%-0.13%0.36%-0.02%0.09%0.08%
Cost of Revenue16.99B16.21B15.37B5.54B6.78B3.31B4.17B4.83B5.52B5.95B
Gross Profit+15.6B44.54B22.5B19.44B22.26B22.09B30.46B29.24B31.63B34.23B
Gross Margin %----------
Gross Profit Growth %0.12%1.86%-0.49%-0.14%0.15%-0.01%0.38%-0.04%0.08%0.08%
Operating Expenses+43.1B29.27B25.48B5.36B13.66B15.88B20.68B24.08B20.62B14.63B
Other Operating Expenses----------
EBITDA+-11.23B16.68B5.35B15.64B10.41B7.46B11.23B7.85B14.64B23.6B
EBITDA Margin %----------
EBITDA Growth %-11.83%2.49%-0.68%1.92%-0.33%-0.28%0.5%-0.3%0.86%0.61%
Depreciation & Amortization+1.84B1.84B1.52B1.7B1.81B1.26B1.44B2.69B3.62B3.99B
D&A / Revenue %----------
Operating Income (EBIT)+-13.08B14.84B3.83B13.94B8.6B6.21B9.78B5.16B11.02B19.61B
Operating Margin %----------
Operating Income Growth %-16.68%2.13%-0.74%2.64%-0.38%-0.28%0.58%-0.47%1.13%0.78%
Interest Expense+273.39M303.38M320.06M308.77M340.82M2.85B2.8B4.71B6.46B6.12B
Interest Coverage-47.83x48.91x11.95x45.14x25.24x2.18x3.49x1.10x1.70x3.21x
Interest / Revenue %----------
Non-Operating Income-1000K-1000K1000K1000K-1000K1000K1000K-1000K-1000K-1000K
Pretax Income+-14.24B12.02B-200.4M17.71B7.22B6.64B11.06B3.35B1.73B10.62B
Pretax Margin %----------
Income Tax+710.11M8.51B1.53B2.48B-630.66M378.86M5.26B695.61M-3B240.03M
Effective Tax Rate %----------
Net Income+-14.44B3.43B-1.76B13.14B11.2B6.39B5.65B3.64B4.55B10.38B
Net Margin %----------
Net Income Growth %-3.76%1.24%-1.51%8.45%-0.15%-0.43%-0.12%-0.36%0.25%1.28%
EPS (Diluted)+-10.672.45-1.309.724.7221.173.541.332.154.50
EPS Growth %-3.76%1.23%-1.53%8.48%-0.51%3.49%-0.83%-0.62%0.62%1.09%
EPS (Basic)-10.672.48-1.309.725.5121.173.601.352.284.56
Diluted Shares Outstanding1.35B1.37B1.35B1.35B1.58B1.57B1.59B1.99B2.27B2.31B

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+149.65B173.06B172.98B181.21B178.62B178.97B188.3B270.22B267.06B289.87B
Asset Growth %0.03%0.16%-0%0.05%-0.01%0%0.05%0.44%-0.01%0.09%
PP&E (Net)+29.55B26.81B27.97B32.37B33.32B32.66B33.37B34.74B35.81B36.85B
PP&E / Total Assets %----------
Total Current Assets+29.44B29.27B37.36B46.85B41.49B44.82B39.74B49.62B47.9B64.45B
Cash & Equivalents1.39B679.67M792.25M583.35M335.31M286.61M192.66M10.74B13.05B26.57B
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Inventory1.03B996.63M944.39M890.93M1.01B509.99M1.12B429.31M426.69M441.47M
Other Current Assets9.02B8.35B10.07B24.03B8.99B25.03B5.8B6.61B5.71B28.27B
Long-Term Investments50.57B79.53B79.7B62.38B34.78B29.41B32.7B34.4B33.64B32.12B
Goodwill000000158.46M000
Intangible Assets935.15M761.74M749.76M649.65M655.04M3.99B4.83B79.98B79.87B78.17B
Other Assets16B18.69B26.19B38.41B67.74B68.08B75.99B71.48B69.85B78.27B
Total Liabilities107.91B128.99B130.22B125.2B107.46B105.22B111.89B159.19B154.59B167.87B
Total Debt+48.74B48.01B47.17B56.31B49.59B49.1B46.14B61.15B61.83B78.24B
Net Debt47.34B47.33B46.38B55.73B49.26B48.82B45.94B50.41B48.78B51.66B
Long-Term Debt42.38B39.98B39.52B43.22B40.66B35.59B35.78B51.58B48.57B62.81B
Short-Term Borrowings1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Capital Lease Obligations1.25B1.68B1.08B976.12M1.21B1.05B903.48M753.17M216.75M182.58M
Total Current Liabilities+28.1B33.6B34.19B36.52B26.34B27.39B23.88B26.44B27.16B31.63B
Accounts Payable10.13B9.66B10.44B3.36B3.1B3.9B4.03B3.52B2.96B2.76B
Accrued Expenses1.21B1.19B1.2B1.4B2.17B4.61B1.62B2.47B1.63B3.08B
Deferred Revenue648.24M620.78M654.85M421M683.6M01.46B1.65B138.69M0
Other Current Liabilities11.99B11.7B12.96B19.08B9.17B6.2B6.3B7.72B7.16B10.53B
Deferred Taxes1000K1000K1000K1000K1000K01000K1000K1000K1000K
Other Liabilities34.4B44.33B45.83B35.87B34.92B41.4B44.1B74.13B72.88B68.99B
Total Equity+41.74B44.06B42.75B56.01B71.16B73.75B76.42B111.03B112.46B122B
Equity Growth %-0.27%0.06%-0.03%0.31%0.27%0.04%0.04%0.45%0.01%0.08%
Shareholders Equity42.09B44.2B42.34B55.54B70.7B73.48B76.12B110.5B112.33B121.86B
Minority Interest-352.79M-138.54M413.15M466.04M457.22M272.99M295.56M523.84M131.27M136.55M
Common Stock31.31B31.31B31.31B31.31B31.31B39.06B39.06B69.81B70.1B69.99B
Additional Paid-in Capital22.64B3.38B3.38B13.87B010.46B00010.16B
Retained Earnings-12.18B713.8M713.8M5.95B201.75M28.91B00045.44B
Accumulated OCI22.93B12.86B11.01B24.24B31.44B-4.95B37.06B40.8B44.46B-1.51B
Return on Assets (ROA)-0.1%0.02%-0.01%0.07%0.06%0.04%0.03%0.02%0.02%0.04%
Return on Equity (ROE)-0.29%0.08%-0.04%0.27%0.18%0.09%0.08%0.04%0.04%0.09%
Debt / Equity1.17x1.09x1.10x1.01x0.70x0.67x0.60x0.55x0.55x0.64x
Debt / Assets0.33%0.28%0.27%0.31%0.28%0.27%0.25%0.23%0.23%0.27%
Net Debt / EBITDA-2.84x8.67x3.56x4.73x6.54x4.09x6.42x3.33x2.19x
Book Value per Share30.8532.1931.6141.4145.0547.0147.9455.7149.5252.9

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+6.98B1.88B2.17B2.41B-86.33M5.13B6.97B9.28B8.24B12.39B
Operating CF Growth %0.46%-0.73%0.15%0.11%-1.04%60.39%0.36%0.33%-0.11%0.5%
Operating CF / Revenue %----------
Net Income-14.24B12.02B-200.4M17.71B6.37B6.77B10.97B4.33B1.4B10.62B
Depreciation & Amortization1.84B1.84B1.75B1.7B1.81B1.26B1.44B2.69B3.62B3.99B
Deferred Taxes0000000000
Other Non-Cash Items17.3B-14.74B979.98M-14.98B-3.81B37.16M-6.81B-542.82M5.13B-3.13B
Working Capital Changes2.08B2.75B-362.89M-2.02B-4.46B-2.93B1.36B2.79B-1.91B907.55M
Capital Expenditures+-9.01B-5.69B-1.3B-1.26B3.27B-1.06B-1.19B-33.62B-4.12B-8.66B
CapEx / Revenue %----------
CapEx / D&A----------
CapEx Coverage (OCF/CapEx)----------
Cash from Investing+-9.01B-5.69B69.79M421.31M3.27B375.17M-998.45M-28.8B827.04M-8.66B
Acquisitions-2.43B-3.27B1.23B714.84M1.02B941.78M-274.35M1.1B-1.44B-176.64M
Purchase of Investments-2.43B-3.27B-1.79B-1.07B-418.02M-68.17M0-254.5M-450M-3.06B
Sale of Investments01000K1000K1000K1000K1000K01000K1000K1000K
Other Investing-2.06B-563.92M848.94M1.32B3.67B-514.32M361M2.81B2.53B-4.77B
Cash from Financing+2.02B3.09B-1.94B-3.07B-3.39B-5.55B-6.06B30.07B-6.76B9.8B
Dividends Paid-23.06M-5.79M-381.44M-64.5M-1.18B0-3.75B-1.49B-864.19M-1.31B
Dividend Payout Ratio %-0%-0%0.11%-0.66%0.41%0.19%0.13%
Debt Issuance (Net)1000K-1000K-1000K-1000K-1000K-1000K-1000K1000K-1000K1000K
Stock Issued000000030.65B00
Share Repurchases00000000-1.97B-115.1M
Other Financing-2.43M4.93B3B399.9M4.02B-1.73B1.61B-130.07M217.9M0
Net Change in Cash+-13.11M-714.3M296.4M-208.9M-248.04M-48.7M-93.95M10.55B2.31B13.53B
Exchange Rate Effect0001000K-1000K00000
Cash at Beginning1.41B1.39B495.86M792.25M583.35M335.31M286.61M192.66M10.74B13.05B
Cash at End1.39B679.67M792.25M583.35M335.31M286.61M192.66M10.74B13.05B26.57B
Free Cash Flow+-2.03B-3.81B867.49M1.15B3.18B4.07B5.78B-24.35B4.11B3.73B
FCF Growth %0.66%-0.87%1.23%0.32%1.77%0.28%0.42%-5.22%1.17%-0.09%
FCF Margin %----------
FCF / Net Income %----------

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-29.3%7.99%-4.06%26.62%17.61%8.82%7.52%3.88%4.07%8.85%
EBITDA Margin-34.47%27.46%14.12%62.61%35.84%29.38%32.42%23.05%39.39%58.73%
Net Debt / EBITDA-2.84x8.67x3.56x4.73x6.54x4.09x6.42x3.33x2.19x
Interest Coverage-47.83x48.91x11.95x45.14x25.24x2.18x3.49x1.10x1.70x3.21x
CapEx / Revenue27.66%9.36%3.43%5.05%11.26%3.65%3.13%98.68%10.4%21.55%
Dividend Payout Ratio-0.17%-0.49%10.57%-66.37%40.99%18.99%12.6%
Debt / Equity1.17x1.09x1.10x1.01x0.70x0.67x0.60x0.55x0.55x0.64x
EPS Growth-376.34%122.96%-153.06%847.69%-51.44%348.52%-83.28%-62.43%61.65%109.3%

Frequently Asked Questions

Valuation & Price

Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) has a price-to-earnings (P/E) ratio of 2.2x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) reported $42.64B in revenue for fiscal year 2024. This represents a 44% increase from $29.53B in 2011.

Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) grew revenue by 8.1% over the past year. This is steady growth.

Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) reported a net loss of $6.02B for fiscal year 2024.

Dividend & Returns

Yes, Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) pays a dividend with a yield of 5.72%. This makes it attractive for income-focused investors.

Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) has a return on equity (ROE) of 8.9%. This is below average, suggesting room for improvement.

Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) generated $5.33B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Industry Metrics

Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) has a dividend payout ratio of 13%. This suggests the dividend is well-covered and sustainable.

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