Equatorial S.A. (BVMF:EQTL3)
Brazil · Delayed Price · Currency is BRL 34.90
+0.08 (0.23%)
Aug 14, 2026, 5:11 PM GMT-3
Equatorial Cash Flow Statement
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 958.42 | 1,678 | 2,812 | 2,076 | 1,374 | 3,695 |
Depreciation & Amortization | 2,968 | 2,754 | 2,185 | 1,873 | 1,205 | 778.88 |
Other Amortization | 1.09 | 0.53 | 0.53 | - | - | - |
Loss (Gain) on Sale of Investments | -2,249 | -2,249 | -254.96 | - | 36.46 | - |
Loss (Gain) on Equity Investments | -1,218 | -1,260 | -264.76 | - | - | -66.98 |
Asset Writedown | 4,217 | 4,237 | 797.92 | 753.51 | 699.41 | 267.51 |
Stock-Based Compensation | 86.25 | 86.25 | 14.35 | 67.28 | -130.42 | -363.05 |
Change in Accounts Receivable | -2,206 | -1,786 | 142.7 | 112.71 | 963.54 | -161.28 |
Change in Inventory | -77.64 | -149.74 | -15.29 | 143.25 | -66.29 | -134.9 |
Change in Accounts Payable | -338.09 | 243.43 | -648.43 | 230.36 | -929.56 | 175.14 |
Change in Income Taxes | -18.71 | 917.02 | 347.84 | 584.57 | -973.02 | 494.71 |
Change in Other Net Operating Assets | -130.07 | -41 | -492.01 | -1,562 | 1,820 | 878.27 |
Other Operating Activities | -128.15 | -1,733 | -2,144 | -535.21 | 1,106 | -1,930 |
Net Cash from Discontinued Operations | 246.2 | 470.69 | 867.68 | - | - | - |
Operating Cash Flow | 2,956 | 3,974 | 4,251 | 4,350 | 3,468 | 1,304 |
Operating Cash Flow Growth | -34.39% | -6.52% | -2.26% | 25.44% | 165.86% | -62.53% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -239.74 | -198.8 | -404.18 | -2,606 | -4,495 | -974.1 |
Cash Acquisitions | - | - | -6,869 | 3,403 | - | - |
Divestitures | -1,035 | -1,035 | -29.86 | -60.79 | - | - |
Sale (Purchase) of Intangibles | -28.19 | -37.51 | -40.69 | -83.07 | - | -2,477 |
Investment in Securities | 1,415 | 6,265 | -1,305 | -3,039 | -4,244 | -1,508 |
Other Investing Activities | -7,511 | -7,859 | -5,542 | -6,317 | - | 218.98 |
Investing Cash Flow | -7,399 | -2,865 | -14,191 | -8,703 | -8,739 | -4,741 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 19,315 | 24,566 | 22,176 | 9,136 | 9,441 |
Long-Term Debt Repaid | - | -15,881 | -17,668 | -17,035 | -5,539 | -3,406 |
Net Debt Issued (Repaid) | 12,804 | 3,434 | 6,899 | 5,141 | 3,597 | 6,035 |
Issuance of Common Stock | 106.88 | 225.94 | 3,170 | 1,419 | 2,789 | 0.55 |
Repurchase of Common Stock | -140.82 | -16.05 | -57.54 | - | - | -610.99 |
Common Dividends Paid | -4,948 | -5,373 | -1,434 | -796.69 | -1,092 | -1,220 |
Other Financing Activities | -418.51 | -26.32 | 56.53 | 35.6 | 146.64 | 8.92 |
Financing Cash Flow | 7,404 | -1,755 | 8,634 | 5,799 | 5,441 | 4,213 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 2,961 | -646.54 | -1,306 | 1,446 | 169.77 | 777.04 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,716 | 3,775 | 3,847 | 1,743 | -1,028 | 330.16 |
Free Cash Flow Growth | -38.61% | -1.87% | 120.68% | - | - | -90.50% |
Free Cash Flow Margin | 4.96% | 7.25% | 8.79% | 4.25% | -3.79% | 1.36% |
Free Cash Flow Per Share | 2.15 | 3.00 | 3.08 | 1.51 | -0.93 | 0.34 |
Levered Free Cash Flow | 3,604 | 4,502 | 4,446 | 1,367 | -2,381 | -1,011 |
Unlevered Free Cash Flow | 6,870 | 7,612 | 6,960 | 4,016 | -658.52 | -331.04 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 5,373 | 5,052 | 4,335 | 4,401 | - | - |
Cash Income Tax Paid | 626.7 | 562.46 | 239.37 | 376.51 | 63.44 | 5.77 |
Change in Working Capital | -2,770 | -816.78 | -665.19 | -490.86 | 814.66 | 1,252 |