Equatorial Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '26 Mar 5, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	52,582	34,230	39,900	29,724	22,196	23,403
Market Cap Growth	37.14%	-14.21%	34.24%	33.92%	-5.16%	1.66%
Enterprise Value	105,335	80,330	79,888	55,608	36,506	35,552
PE Ratio	16.42	12.17	19.22	21.63	6.01	7.87
PS Ratio	1.03	0.76	0.97	1.10	0.92	1.31
PB Ratio	1.60	1.15	1.58	1.60	1.52	1.91
P/FCF Ratio	13.90	8.90	22.89	-	67.23	6.74
P/OCF Ratio	12.99	8.05	9.17	8.57	17.02	6.72
EV/Sales Ratio	2.05	1.77	1.95	2.05	1.51	1.99
EV/EBITDA Ratio	8.37	7.46	7.95	8.00	6.17	6.41
EV/EBIT Ratio	10.51	9.36	9.77	9.67	7.11	7.35
EV/FCF Ratio	27.84	20.88	45.83	-	110.57	10.23
Debt / Equity Ratio	1.94	1.88	1.86	2.24	1.75	1.45
Debt / EBITDA Ratio	5.53	5.21	4.69	5.99	4.31	3.21
Debt / FCF Ratio	16.77	14.58	27.02	-	77.27	5.13
Net Debt / Equity Ratio	1.48	1.45	1.39	1.83	1.04	0.83
Net Debt / EBITDA Ratio	4.23	4.02	3.49	4.88	2.56	1.84
Net Debt / FCF Ratio	12.82	11.25	20.10	-33.02	45.86	2.94
Quick Ratio	1.49	1.41	1.45	0.93	1.57	1.66
Current Ratio	1.57	1.46	1.54	0.98	1.67	1.68
Asset Turnover	0.43	0.41	0.42	0.36	0.46	0.44
Return on Equity (ROE)	13.13%	13.66%	13.12%	11.59%	32.01%	31.27%
Return on Assets (ROA)	4.67%	4.87%	5.26%	4.72%	6.07%	7.41%
Return on Capital Employed (ROCE)	8.50%	8.90%	9.60%	8.40%	10.50%	13.70%
Earnings Yield	6.39%	8.21%	5.20%	4.62%	16.64%	12.71%
FCF Yield	7.20%	11.24%	4.37%	-3.46%	1.49%	14.84%
Dividend Yield	3.79%	3.07%	1.37%	1.47%	3.22%	3.64%
Payout Ratio	42.79%	51.00%	38.38%	79.45%	33.02%	21.90%
Buyback Yield / Dilution	-12.16%	-7.90%	-4.52%	-12.47%	2.56%	0.14%
Total Shareholder Return	-8.25%	-4.83%	-3.15%	-10.99%	5.77%	3.77%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.