BRAV3

ONconsolidated

Brava Energia S.A.

CNPJ 12091809000155

Last close
R$ 20.57
2026-10-09
Over the window
+31.61%
2025-10-10 → 2026-10-09
High / Low
22.28 / 13.29
intraday · 249 sessions
Avg. volume
69.84m
21-session average
21.77close13.43
Monthly closes

—

Return 1 year
+14.40%
nominal from 2025-09 · real -3.63%, to 2026-09
Return 3 years
—
no history covering the window
Return 5 years
—
no history covering the window
Return 10 years
—
no history covering the window

Ratios

Q3 25 → Q2 26
Valuation
Price / Earnings
171.42
Price / Book
0.78
Book value per share: R$ 26.44
Market cap
9.56bn
Shares issued: 464,557,268
Earnings per share (12m)
R$ 0.12
Q3 25 → Q2 26
Price / Sales
0.77
Price / Assets
0.23
Price / Working capital
6.55
EV / EBITDA
3.57
EV / EBIT
7.30
Efficiency
Gross margin
27.9%
EBITDA margin
45.4%
EBITDA (12m): 5.60bn
Operating margin
22.2%
Net margin
0.4%
Asset turnover
0.30
Revenue (12m)
12.34bn
Net income (12m): 54.46m
Returns
ROE
0.4%
ROA
0.1%
Debt and structure
Assets / Equity
3.39
Current ratio
1.26
Net debt
10.46bn
Gross debt: 15.07bn
Debt / Equity
1.23
Equity / Assets
0.29
Distributions
Dividend yield (12m)
0.6%
twelve months to 2026-10-09, the last session
Distributions per share (12m)
R$ 0.1236
Payout (12m)
105.4%
Growth
Revenue CAGR (5y)
124.4%
Earnings CAGR (5y)
—

Share capital from the FRE dated 2026-12-31. The FRE is annual — buybacks and issuances after that date are not reflected here.

computed — The CVM does not publish Q4 on its own — the annual filing carries the full year. This figure is the year minus the first nine months.

Distributions

TypeApproved onEx-date basisR$ / share
DIVIDENDO2026-04-202026-04-200.123602
DIVIDENDO2024-04-302024-04-300.385001

Gross amounts, by record date, from B3's registry — the Type column separates dividends, interest on equity and capital returns, and the 12-month yield adds all of them. A capital return is a refund, not income. Interest on equity (JCP) carries 15% withholding tax for individuals — the net yield is lower. Payment dates are not in this registry; they live in the shareholder notice.

Ratios by year

YearRevenueNet incomeGross marginNet marginROEROATurnoverYear-end priceP/EDY
202511.62bn1.41bn26.7%12.1%12.0%3.3%0.2716.845.54—
20248.73bn-909.69m26.7%-10.4%-8.6%-2.1%0.2023.52—1.6%
20235.62bn425.22m31.3%7.6%7.6%2.1%0.28———
20221.72bn127.72m51.5%7.4%2.9%1.6%0.22———
2021727.80m15.99m56.1%2.2%0.4%0.3%0.13———
2020204.25m-276.53m48.0%-135.4%-25.7%-13.1%0.10———
201932.40m-31.97m50.5%-98.7%-13.5%-8.1%0.08———

From each fiscal year's DFP, with the close of the fiscal year-end month alongside. Yearly P/E and DY use the fiscal year-end close against that year's EPS and payouts — both already per share. An empty cell carries its reason in the tooltip: a loss, EPS out of scale, lot-of-a-thousand quoting, a split in the way. Yearly P/B is left out: it would need that year's share count, and the registration filing stores the latest approval's count under the reference date.

Quarterly results

PeriodRevenueOperatingNet incomeNet margin
Q2 263.60bn1.14bn871.15m24.2%
Q1 263.14bn951.78m-349.69m-11.2%
Q4 252.55bn-220.34m-587.70m-23.1%
Q3 253.06bn866.74m120.70m3.9%
Q2 253.14bn903.82m1.05bn33.4%
Q1 252.87bn665.96m829.17m28.8%
Q4 241.95bn169.30m-1.03bn-52.7%
Q3 242.19bn1.24bn711.40m32.4%
Q2 242.58bn579.89m-363.06m-14.1%
Q1 242.01bn506.47m-229.89m-11.5%
Q4 231.85bn511.09m407.18m22.0%
Q3 232.36bn607.19m-77.45m-3.3%

Balance sheet

PeriodTotal assetsEquityAssets / EquityCurrent ratio
Q2 2641.66bn12.28bn3.391.26
Q1 2642.61bn11.41bn3.731.12
Q4 2542.71bn11.77bn3.631.42
Q3 2542.14bn12.40bn3.401.72
Q2 2543.45bn12.25bn3.551.37
Q1 2543.18bn11.15bn3.871.40
Q4 2444.46bn10.52bn4.231.69
Q3 2436.07bn11.25bn3.212.19
Q2 2421.74bn5.02bn4.331.37
Q1 2420.23bn5.36bn3.781.27
Q4 2320.12bn5.57bn3.621.19
Q3 2319.28bn5.26bn3.671.02

A balance sheet is a snapshot, not a window: there is no “computed Q4” here — December's figure is what the annual filing published.

What the company filed

FilingPeriodFiled onDays after closeDocument
ITRT22026-06-302026-08-0536CVM ↗
ITRT12026-03-312026-05-0636CVM ↗
DFPanual2025-12-312026-03-1170CVM ↗
ITRT32025-09-302025-11-0536CVM ↗
ITRT22025-06-302025-08-0637CVM ↗
ITRT12025-03-312025-05-1242CVM ↗
DFPanual2024-12-312025-03-2079CVM ↗
ITRT32024-09-302024-11-1344CVM ↗
ITRT22024-06-302024-07-3131CVM ↗
ITRT12024-03-312024-05-0939CVM ↗
DFPanual2023-12-312024-03-0767CVM ↗
ITRT32023-09-302023-11-0839CVM ↗
ITRT22023-06-302023-08-0940CVM ↗
ITRT12023-03-312023-04-2727CVM ↗
DFPanual2022-12-312023-03-0867CVM ↗
ITRT32022-09-302022-11-0839CVM ↗

When the next one is due

Next period
2026-09-30
ITR
Estimated filing
2026-11-08
Median
39 days
20 filings measured
Range
27–199 days

This is measured habit, not company guidance: the CVM publishes no forward calendar as open data. The estimate applies this company's historical median to the next period.