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Equatorial Energia SA (EQUEY) Stock Price & Analysis
EQUEY Stock Chart & Stats
- Day’s Range
- $5.98 - $5.98
- 52-Week Range
- $5.98 - $9.87
- Previous Close
- $6.04
- Volume
- 25
- Average Volume (3M)
- 4,011
- Market Cap
- $7.37B
- Enterprise Value
- $20.17B
- Total Cash (Recent Filing)
- $8.96B
- Total Debt (Recent Filing)
- $65.14B
- Price to Earnings (P/E)
- 42.3
- Beta
- 0.36
- Next Earnings
- Nov 11, 2026 (Est.)
- EPS Estimate
- N/A
- Last Dividend Ex-Date
- Jan 02, 2026
- Dividend Yield
- 7.06%
Bulls Say, Bears Say
Bulls Say
Regulated Distribution Model
The regulated distribution model provides a recurring revenue foundation tied to essential electricity delivery and approved network investment. Allowed returns, cost recovery and tariff mechanisms can support earnings visibility over several months, while the concession footprint across Brazilian states provides operating scale.
Distribution Operating Growth
Positive demand and distribution earnings trends indicate that the core utility operation is expanding beyond simple tariff effects. Growth in injected energy, the served market and segment EBITDA can strengthen the regulated platform and provide a durable base for future tariff-supported investment.
Liquidity And Liability Relief
Recent financing activity and negotiated liability relief improve the company’s ability to manage near-term obligations while continuing essential network investment. Longer maturities reduce refinancing pressure, and the discount can lower the eventual cash burden of settling legacy liabilities.
Bears Say
High And Rising Leverage
Leverage has increased materially following the acquisition cycle and is already close to the cited 3.3x covenant level. This reduces financial flexibility, makes earnings more sensitive to interest costs, and may constrain the company’s ability to fund additional growth or absorb operating setbacks.
Negative Free Cash Flow
Repeated negative free cash flow means reported operating activity is not currently sufficient to fund investment and other cash requirements internally. Continued reliance on external financing is more burdensome because debt is already high, potentially limiting capital allocation flexibility over the next several quarters.
Sharp Profitability Compression
The steep decline in net income and margin shows that revenue growth is converting less effectively into bottom-line earnings. Higher financing costs and other pressures can continue to weaken returns on the capital base, leaving less internal cash generation to support investment and deleveraging.
Equatorial Energia SA News
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Equatorial Energia SA Stock Smart Score
Company Description
Equatorial Energia SA
Equatorial SA is a holding company, which invests in the capital stock of other companies, consortiums, and undertakings that operate in the electricity sector or in similar activities. It operates through the following segments: Energy Distribution, Transmission, Renewables, Distributed Generation, Sanitation, Energy Commercialization, Telecommunications, and Services. The company was founded on June 16, 1999 and is headquartered in Brasilia, Brazil.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Augusto Miranda da Paz Junior
- Employees
- 11,571
- Website
- www.equatorialenergia.com.br
- Address
- Alameda A, Quadra SQS, São Luís, MA, 070-900, BR
Equatorial Energia SA (EQUEY) Earnings & Revenues
EQUEY Earnings Call
Earnings Call SentimentNeutral
The call presented a mixed picture: strong operational performance in the distribution businesses (market growth, margin expansion, improved service quality and lower compensation payments) and progress on strategic initiatives and liability relief. These positives were offset by material financial headwinds — an 80.1% drop in adjusted net income (ex-clients), higher leverage (net debt/EBITDA up 0.4x to 3.1x), increased financial expenses from higher interest rates and acquisition-related debt, and weakness in the renewables segment (adjusted EBITDA down 22.6%). Management emphasized regulatory milestones, tariff review timing and actions to improve collections and capital structure, but near-term profitability is constrained by financing costs and generation curtailments.
View all EQUEY earnings summariesTechnical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 6 | 2 | 14 |
| Technical Analysis | 6 | 2 | 2 |
| Moving Averages | 0 | 0 | 12 |








