Companhia Paranaense de Energia - COPEL (ELPC) financial statements

Utilities · Utilities - Regulated Electric · Market cap $10.8B

Companhia Paranaense de Energia - COPEL reported revenue of 22.7B BRL in fiscal 2024, up 4.7% a year over 9 years.

Net income was 2.8B BRL and the operating margin -3.7%, against -6.9% in 2015.

Free cash flow was -705M BRL, and the company returned 5.7B BRL in net buybacks.

The diluted share count fell 99% over the period (buybacks).

Revenue and free cash flow

Fiscal years, $ billions (BRL).

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<p style="font-size:13px">Source: <a href="https://investingly.io/stocks/ELPC/financials">Companhia Paranaense de Energia - COPEL financials</a> on Investingly</p>

Income statement

Fiscal years, in BRL, from Companhia Paranaense de Energia - COPEL's 10-K filings with the SEC.

Fiscal year	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Revenue	14.9B BRL	13.1B BRL	14.0B BRL	14.9B BRL	16.2B BRL	18.6B BRL	21.0B BRL	20.5B BRL	21.5B BRL	22.7B BRL
Gross profit	3.1B BRL	2.9B BRL	3.4B BRL	3.4B BRL	4.4B BRL	5.3B BRL	4.3B BRL	4.9B BRL	4.9B BRL	4.9B BRL
Selling, general and admin	671M BRL	741M BRL	686M BRL	724M BRL	-711M BRL	809M BRL	925M BRL	804M BRL	—	—
Operating income	-1.0B BRL	-879M BRL	-1.2B BRL	-1.0B BRL	-1.1B BRL	-1.0B BRL	658M BRL	-2.0B BRL	-1.2B BRL	-827M BRL
Interest expense	1.2B BRL	1.5B BRL	1.4B BRL	1.3B BRL	10M BRL	973M BRL	1.2B BRL	2.0B BRL	2.3B BRL	2.3B BRL
Pre-tax income	1.7B BRL	1.4B BRL	1.4B BRL	2.0B BRL	2.8B BRL	5.1B BRL	4.6B BRL	943M BRL	2.5B BRL	2.9B BRL
Income tax	532M BRL	520M BRL	275M BRL	512M BRL	-676M BRL	1.3B BRL	1.2B BRL	-281M BRL	354M BRL	599M BRL
Net income	1.2B BRL	874M BRL	1.1B BRL	1.4B BRL	2.1B BRL	3.9B BRL	5.0B BRL	1.1B BRL	2.3B BRL	2.8B BRL
Diluted shares	273.66B	273.66B	274M	274M	274M	2.74B	2.74B	2.74B	—	—
Gross margin	21.1%	21.9%	23.9%	23.0%	27.1%	28.4%	20.3%	24.0%	22.8%	21.6%
Operating margin	-6.9%	-6.7%	-8.7%	-7.0%	-6.8%	-5.5%	3.1%	-9.6%	-5.6%	-3.7%
Net margin	7.8%	6.7%	8.0%	9.7%	12.7%	21.0%	24.1%	5.6%	10.8%	12.4%

Balance sheet

Fiscal years, in BRL, from Companhia Paranaense de Energia - COPEL's 10-K filings with the SEC.

Fiscal year	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Cash and short-term investments	1.5B BRL	982M BRL	1.0B BRL	1.9B BRL	2.9B BRL	3.2B BRL	3.5B BRL	2.7B BRL	5.6B BRL	4.2B BRL
Receivables	475M BRL	307M BRL	409M BRL	363M BRL	427M BRL	514M BRL	750M BRL	897M BRL	570M BRL	950M BRL
Inventory	131M BRL	131M BRL	111M BRL	116M BRL	130M BRL	163M BRL	198M BRL	195M BRL	175M BRL	136M BRL
Total current assets	6.8B BRL	4.2B BRL	5.7B BRL	6.7B BRL	7.9B BRL	11.4B BRL	11.2B BRL	9.3B BRL	13.7B BRL	13.0B BRL
Property, plant and equipment	8.7B BRL	8.9B BRL	9.8B BRL	10.8B BRL	10.6B BRL	9.5B BRL	10.1B BRL	10.1B BRL	10.8B BRL	8.5B BRL
Goodwill	—	—	—	—	—	—	—	204M BRL	—	—
Total assets	28.8B BRL	30.3B BRL	33.2B BRL	35.9B BRL	38.3B BRL	46.8B BRL	49.5B BRL	49.7B BRL	55.8B BRL	57.4B BRL
Total current liabilities	4.8B BRL	5.7B BRL	6.1B BRL	6.7B BRL	5.3B BRL	9.7B BRL	8.0B BRL	7.2B BRL	9.3B BRL	10.3B BRL
Total liabilities	28.8B BRL	30.3B BRL	33.2B BRL	19.6B BRL	20.7B BRL	26.5B BRL	27.4B BRL	28.6B BRL	31.6B BRL	31.7B BRL
Shareholders' equity	14.2B BRL	14.7B BRL	15.2B BRL	16.0B BRL	17.3B BRL	20.0B BRL	21.8B BRL	20.8B BRL	23.9B BRL	25.7B BRL
Net debt	-1.5B BRL	-982M BRL	-1.0B BRL	-1.9B BRL	-2.9B BRL	-3.2B BRL	-3.5B BRL	-2.7B BRL	-5.6B BRL	-4.2B BRL

Cash flow

Fiscal years, in BRL, from Companhia Paranaense de Energia - COPEL's 10-K filings with the SEC.

Fiscal year	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Operating cash flow	1.3B BRL	1.5B BRL	989M BRL	1.8B BRL	2.9B BRL	3.9B BRL	3.4B BRL	3.9B BRL	3.5B BRL	3.4B BRL
Capital spending	1.7B BRL	2.2B BRL	2.0B BRL	1.5B BRL	373M BRL	237M BRL	343M BRL	544M BRL	13M BRL	4.1B BRL
Free cash flow	-401M BRL	-736M BRL	-1.0B BRL	274M BRL	2.6B BRL	3.7B BRL	3.0B BRL	3.4B BRL	3.5B BRL	-705M BRL
Dividends paid	308M BRL	369M BRL	506M BRL	301M BRL	380M BRL	626M BRL	—	—	—	—
Share buybacks (net)	—	—	—	—	—	—	—	—	—	-5.7B BRL
Free cash flow margin	-2.7%	-5.6%	-7.3%	1.8%	15.8%	19.9%	14.5%	16.4%	16.3%	-3.1%
Dividends per share	0.00 BRL	0.00 BRL	1.85 BRL	1.10 BRL	1.39 BRL	0.23 BRL	—	—	—	—

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Questions

What was Companhia Paranaense de Energia - COPEL's revenue in 2024?

22.7B BRL in fiscal 2024, from its 10-K filing.

How much free cash flow does Companhia Paranaense de Energia - COPEL generate?

-705M BRL in fiscal 2024 (operating cash flow minus capital spending).

From Companhia Paranaense de Energia - COPEL's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.