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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Companhia Paranaense de Energia - COPEL (ELP) Quarterly Financial Ratios

Last 46 quarters of trend data · Utilities · Diversified Utilities

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Companhia Paranaense de Energia - COPEL's quarterly P/E stands at 5.1x, up 350.0% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 74.7% YoY to 4.2x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →2.975.103.001.991.951.132.792.682.792.992.591.491.36
—+350.0%+7.7%-25.9%-30.1%-62.1%+7.5%+79.4%+104.6%+37.9%—-10.3%-33.8%
P/S Ratio0.000.270.270.230.180.240.230.270.280.230.240.180.19
—+10.4%+19.6%-13.2%-35.3%+4.3%-3.7%+48.8%+48.4%+42.5%+49.2%-8.8%+60.0%
P/B Ratio0.270.280.270.210.170.220.200.230.260.220.220.170.19
—+28.7%+33.1%-11.0%-34.0%-0.4%-9.1%+34.7%+37.1%+40.3%+28.8%-9.8%+34.1%
P/FCF—6.75—1.99—1.712.5033.8614.113.073.20——
—+293.9%—-94.1%—-44.2%-21.8%——+55.9%+10.4%——
EV / EBITDA2.464.243.742.601.012.422.442.431.003.503.433.115.66
—+74.7%+52.8%+6.9%+0.6%-30.8%-28.7%-21.7%-82.3%-5.7%-36.4%+22.5%—
EV / EBIT17.096.495.223.615.143.324.214.013.559.765.353.637.05
—+95.7%+24.1%-10.0%+45.1%-66.0%-21.3%+10.7%-49.7%+142.5%—+23.0%+32.1%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Companhia Paranaense de Energia - COPEL's operating margin was 15.2% in Q3 2025, down 5.3 pp QoQ and down 5.0 pp YoY. This marks the 4th consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 31.9% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 22.7% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin18.0%18.7%24.5%28.6%-2.6%24.2%25.3%26.8%-1.2%21.3%22.2%22.3%-9.4%
—-22.7%-3.3%+6.6%-108.6%+13.4%+14.1%+20.0%+86.9%-18.2%-8.5%+6.5%-134.1%
Operating Margin17.9%15.2%20.5%24.5%67.5%20.1%20.7%22.3%66.4%13.0%17.4%17.8%7.0%
—-24.6%-1.3%+9.9%+1.8%+54.5%+19.0%+25.2%+849.4%+15.5%+274.1%+9.5%+109.8%
Net Margin12.4%5.6%9.2%11.3%9.7%21.3%8.6%9.8%15.8%7.9%6.2%11.9%11.8%
—-73.5%+6.7%+15.1%-38.3%+170.8%+38.3%-17.5%+33.8%+10.5%+161.1%+0.1%+100.7%

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE11.3%1.5%2.2%2.6%2.3%4.8%1.9%2.2%3.7%1.9%1.5%2.9%2.9%
—-69.1%+16.4%+18.1%-37.7%+152.5%+30.7%-25.6%+25.9%+11.4%+155.4%-1.0%+66.4%
ROA5.0%0.6%0.9%1.1%1.0%2.2%0.8%1.0%1.6%0.8%0.6%1.2%1.2%
—-71.0%+12.3%+18.5%-34.7%+171.6%+41.9%-21.7%+26.3%+8.4%+151.5%-8.4%+60.0%
ROIC8.4%1.8%2.3%2.8%8.3%2.5%2.5%2.7%8.3%1.6%2.0%2.2%0.9%
—-28.2%-6.0%+3.8%+0.5%+56.1%+26.0%+22.9%+824.1%+13.4%+206.6%-2.1%+107.4%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Companhia Paranaense de Energia - COPEL's Debt/EBITDA ratio is 14.7x, up from 12.5x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has risen for 5 consecutive quarters, indicating increasing financial leverage that investors should watch closely.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity0.690.820.790.730.690.650.680.620.630.650.750.690.60
—+25.8%+16.9%+17.5%+8.9%-0.7%-10.2%-9.5%+4.5%+2.6%+20.3%+29.8%+11.4%
Debt / EBITDA3.2214.6612.5110.763.9711.0511.359.753.8314.4013.4111.7620.48
—+32.6%+10.2%+10.3%+3.6%-23.3%-15.4%-17.0%-81.3%-10.2%-38.1%+19.8%—
Current Ratio1.261.431.131.481.261.451.571.391.471.481.471.351.30
—-0.7%-27.6%+6.8%-14.4%-2.4%+6.8%+2.7%+13.0%-4.0%+9.1%-5.9%-7.1%
Quick Ratio1.251.421.121.471.251.431.551.371.451.461.441.321.28
—-1.0%-27.8%+7.3%-14.2%-2.0%+7.7%+3.6%+14.0%-3.5%+9.2%-6.4%-7.4%
Interest Coverage1.941.582.1067.247.522.682.4667.698.651.541.9968.220.91
—————————————

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Includes 30+ ratios · 46 years · Updated daily

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ELP — Frequently Asked Questions

Quick answers to the most common questions about buying ELP stock.

What is Companhia Paranaense de Energia - COPEL's quarterly P/E ratio trend?

Companhia Paranaense de Energia - COPEL's current P/E is 3.0x. The average P/E over the last 4 quarters is 3.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Companhia Paranaense de Energia - COPEL's margins change by quarter?

Companhia Paranaense de Energia - COPEL's current operating margin is 17.9%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at ELP quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Companhia Paranaense de Energia - COPEL's business trajectory between earnings reports.

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