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VSTAVasta Platform Limited
$4.90$394M
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Vasta Platform Limited (VSTA) Quarterly Financial Ratios

Last 26 quarters of trend data · Consumer Defensive · Education & Training Services

← View 30-Year Annual Ratios

Valuation Multiples

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

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →4.16———0.06——3.601.47———1.10
————-96.1%———+33.5%———-75.1%
P/S Ratio1.210.400.240.210.050.250.220.170.160.340.260.160.17
—+60.1%+8.5%+20.7%-68.4%-26.0%-14.8%+6.8%-4.7%-41.9%-51.3%-48.4%-24.2%
P/B Ratio0.410.080.070.070.030.050.060.070.080.390.060.290.07
—+63.0%+19.3%+2.2%-64.0%-87.1%-5.5%-75.3%+7.1%-25.6%-86.5%+180.0%-3.1%
P/FCF43.061.331.551.446.331.181.78195.4811.2215.630.66——
—+12.9%-12.7%-99.3%-43.6%-92.5%+167.9%———-27.1%——
EV / EBITDA4.7310.416.342.850.7510.118.611.901.263.0012.981.111.55
—+3.0%-26.4%+49.8%-40.7%+237.4%-33.6%+71.9%-18.3%-65.1%-61.8%-52.3%-14.5%
EV / EBIT8.54——6.760.59——3.192.23——2.002.35
———+111.7%-73.4%——+59.8%-5.1%——-48.9%-29.3%

Profitability

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

Vasta Platform Limited's operating margin was -12.5% in Q3 2025, down 9.9 pp QoQ and up 7.9 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 11.6% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 7.6% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin61.0%67.9%56.4%67.2%56.9%63.1%55.6%69.6%64.7%60.8%56.1%61.5%65.9%
—+7.6%+1.5%-3.5%-12.1%+3.9%-0.9%+13.2%-1.8%+18.4%-3.1%-6.9%+0.1%
Operating Margin21.8%-12.5%-2.6%13.7%47.9%-20.5%-11.3%23.7%35.5%-9.0%—13.5%31.9%
—+38.8%+76.8%-42.3%+35.1%-127.2%—+75.1%+11.3%+65.5%—-34.1%+34.7%
Net Margin29.1%-23.9%-15.7%-0.8%86.9%-35.0%-22.4%4.8%10.9%-24.2%-29.2%-0.6%15.0%
—+31.6%+30.2%-115.8%+701.0%-44.8%+23.2%+951.0%-27.8%+39.9%+25.7%-110.7%+202.6%

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE10.2%-1.2%-1.1%-0.1%13.0%-1.7%-1.5%0.5%2.2%-2.3%-2.9%-0.1%2.8%
—+30.2%+23.0%-113.3%+483.9%+23.7%+49.2%+696.5%-20.0%+74.1%-8.0%-119.0%+287.0%
ROA6.7%-0.9%-0.8%-0.0%8.4%-1.1%-0.9%0.3%1.4%-1.4%-1.8%-0.1%1.7%
—+20.0%+12.6%-115.1%+522.1%+24.0%+49.4%+691.7%-20.7%+74.5%-4.8%-118.5%+269.7%
ROIC4.7%-0.4%-0.1%0.7%4.4%-0.6%-0.4%1.5%4.4%-0.5%—1.2%3.6%
—+37.6%+74.5%-51.0%-1.9%-20.0%—+22.6%+23.9%+85.7%—+12.2%+62.5%

Leverage & Debt

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

Vasta Platform Limited's Debt/EBITDA ratio is 31.3x, up from 19.8x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 23.9% YoY to 1.50x, strengthening the short-term liquidity position.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity0.240.250.240.240.240.260.250.240.250.200.270.210.25
—-6.4%-4.7%-2.4%-7.6%+32.9%-5.3%+18.5%+3.6%-6.2%+21.2%-1.9%+5.4%
Debt / EBITDA1.7831.2819.858.792.8636.4929.046.184.144.2243.241.884.94
—-14.3%-31.7%+42.3%-30.9%+765.4%-32.8%+228.8%-16.1%-57.9%-6.6%-72.8%-29.4%
Current Ratio1.181.501.191.211.181.211.601.041.011.051.801.821.82
—+23.9%-25.5%+16.2%+17.1%+15.3%-10.7%-42.6%-44.8%-42.7%+20.1%+10.7%+9.1%
Quick Ratio0.961.180.991.000.960.901.270.840.800.791.431.501.48
—+31.0%-22.4%+19.0%+19.7%+13.3%-11.2%-43.8%-46.2%-45.3%+15.5%+8.0%+9.2%
Interest Coverage44.87-0.25-0.100.982.63-0.54-0.491.53—-0.29-0.820.73—
—————————————

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Includes 30+ ratios · 26 years · Updated daily

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VSTA — Frequently Asked Questions

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

What is Vasta Platform Limited's quarterly P/E ratio trend?

Vasta Platform Limited's current P/E is 4.2x. The average P/E over the last 1 quarters is 0.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Vasta Platform Limited's margins change by quarter?

Vasta Platform Limited's current operating margin is 21.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at VSTA 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 Vasta Platform Limited's business trajectory between earnings reports.