Cash flow Porto Seguro S.A.

Stocks

PSSA3

BRPSSAACNOR7

Multiline Insurance & Brokers

Market Closed - Sao Paulo Other stock markets 04:05:47 2026-07-17 pm EDT			5-day change	1st Jan Change
55.14 ^BRL	+4.20%		+0.31%	+14.02%

May. 07	Porto Seguro S.A. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
Apr. 29	Porto Seguro S.A.(BOVESPA:PSSA3) dropped from Brazil IBRX 50 Index	CI

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Published financial data: PORTO SEGURO S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Premiums and Annuity Revenues	17.74B	22.74B	26.35B	28.36B	32.64B
Total Interest And Dividend Income	1.62B	1.94B	2.12B	1.75B	2.11B
Gain (Loss) on Sale of Investments, Total (Rev)	-	-	59.99M	75M	-
Non-Insurance Activities Revenues	3.43B	4.92B	5.96B	6.79B	8.13B
Other Revenues, Total	101M	107M	93.96M	173M	419M
Total Revenues	22.89B	29.7B	34.59B	37.15B	43.3B
Policy Benefits	10.13B	15.16B	20.09B	21.67B	25.43B
Policy Acquisition / Underwriting Costs, Total	3.7B	4.19B	-	-	-
Selling General & Admin Expenses, Total	3.6B	3.88B	4.66B	5.32B	6.03B
Other Operating Expenses	2.74B	3.72B	4.75B	5.16B	6.41B
Non-Insurance Activities Expenses	187M	302M	284M	241M	353M
Total Operating Expenses	20.35B	27.26B	29.79B	32.4B	38.23B
Operating Income	2.53B	2.44B	4.8B	4.75B	5.07B
Interest Expense, Total	-234M	-334M	-317M	-87.61M	-50.08M
Currency Exchange Gains (Loss)	-	30.59M	3.17M	13.43M	-
Other Non Operating Income (Expenses)	-856M	-963M	-987M	-737M	-407M
EBT, Excl. Unusual Items	1.44B	1.18B	3.49B	3.94B	4.61B
Gain (Loss) on Sale of Assets	275M	133M	48.5M	4.03M	3.02M
Legal Settlements	-	-	-	-	24.49M
EBT, Incl. Unusual Items	1.72B	1.31B	3.54B	3.94B	4.64B
Income Tax Expense	171M	160M	1.23B	1.25B	1.22B
Earnings From Continuing Operations	1.54B	1.15B	2.31B	2.69B	3.42B
Net Income to Company	1.54B	1.15B	2.31B	2.69B	3.42B
Minority Interest	-14K	-17.44M	-48.71M	-45.94M	-43.19M
Net Income - (IS)	1.54B	1.13B	2.27B	2.64B	3.38B
Net Income to Common Incl Extra Items	1.54B	1.13B	2.27B	2.64B	3.38B
Net Income to Common Excl. Extra Items	1.54B	1.13B	2.27B	2.64B	3.38B
Per Share Items
Net EPS - Basic	2.4	1.76	3.5	4.08	5.21
Basic EPS - Continuing Operations	2.4	1.76	3.5	4.08	5.21
Basic Weighted Average Shares Outstanding	644M	644M	647M	649M	649M
Net EPS - Diluted	2.4	1.76	3.5	4.08	5.21
Diluted EPS - Continuing Operations	2.4	1.76	3.5	4.08	5.21
Diluted Weighted Average Shares Outstanding	644M	644M	647M	649M	649M
Normalized Basic EPS	1.4	1.12	3.3	3.73	4.38
Normalized Diluted EPS	1.4	1.12	3.3	3.73	4.38
Dividend Per Share	0.98	-	1.46	1.08	-
Payout Ratio	54.66	55.47	15.76	31.7	35.2
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	2.61B	2.61B	5.02B	4.93B	5.19B
EBITA	2.55B	2.48B	4.9B	4.87B	5.15B
EBIT	2.53B	2.44B	4.8B	4.75B	5.07B
EBITDAR	-	-	-	-	-
Total Revenues (As Reported)	21.6B	27.96B	32.6B	35.5B	41.3B
Effective Tax Rate - (Ratio)	9.99	12.16	34.66	31.78	26.2
Total Current Taxes	761M	494M	1.11B	1.33B	912M
Total Deferred Taxes	-590M	-334M	117M	-78.6M	303M
Normalized Net Income	900M	719M	2.14B	2.42B	2.84B
Interest on Long-Term Debt	14.11M	14.15M	16.05M	15.84M	15.34M
Supplemental Operating Expense Items
Advertising Expense	104M	132M	143M	152M	151M
Selling and Marketing Expenses	104M	132M	143M	152M	151M
General and Administrative Expenses	3.5B	3.75B	4.52B	5.17B	5.88B
Net Rental Expense, Total	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Investment In Debt Securities	6.07B	6.01B	7.07B	11.01B	1.97B
Investment In Equity and Preferred Securities, Total	579M	202M	194M	227M	251M
Trading Asset Securities, Total	-	-	10.91B	7.41B	8.78B
Real Estate Owned	103M	338M	307M	274M	242M
Total Other Investments	8.48B	9.82B	437M	1.72B	12.61B
Total investments	15.23B	16.37B	18.92B	20.65B	23.86B
Cash And Equivalents	439M	451M	719M	504M	278M
Reinsurance Recoverable - (IS)	174M	175M	115M	101M	99.39M
Other Receivables - (Insurance Template)	16.68B	20.02B	13.84B	15.75B	19.38B
Deferred Policy Acquisition Costs - (BS)	2.39B	3.23B	1.01B	1.54B	2.81B
Gross Property Plant And Equipment	2.56B	2.6B	1.9B	1.18B	1.21B
Accumulated Depreciation	-379M	-343M	-369M	-334M	-359M
Net Property Plant And Equipment	2.18B	2.25B	1.53B	851M	847M
Goodwill	371M	1.01B	1.2B	1.17B	1.18B
Other Intangibles, Total	2.08B	2.75B	2.76B	2.82B	2.9B
Other Current Assets, Total	824M	1.19B	1.22B	1.35B	1.54B
Deferred Tax Assets Long-Term (Collected)	927M	1.37B	1.21B	1.55B	1.38B
Other Long-Term Assets, Total	340M	1.68B	1.73B	1.63B	1.59B
Total Assets	41.63B	50.49B	44.24B	47.91B	55.86B
Liabilities
Accrued Expenses, Total	1.1B	1.31B	355M	388M	525M
Insurance And Annuity Liabilities	16.53B	19.48B	10.64B	10.43B	11.01B
Reinsurance Payable - (BS)	-	81.85M	-	-	-
Current Portion of Long-Term Debt	-	289M	221M	274M	221M
Current Portion of Leases	12.89M	16.02M	18.89M	20.2M	20.06M
Short-Term Borrowings	-	625M	-	-	184M
Long-Term Debt	-	1.02B	860M	163M	184M
Long-Term Leases	119M	160M	141M	119M	111M
Current Income Taxes Payable	76.92M	38.07M	11.99M	70.79M	460K
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	13B	14.03B	17.03B	16.32B	19.52B
Deferred Tax Liability Non-Current	313M	424M	329M	534M	692M
Other Non Current Liabilities	1.11B	2.37B	2.14B	5.45B	7.53B
Total Liabilities	32.26B	39.85B	31.74B	33.77B	39.99B
Common Stock, Total	8.5B	8.5B	8.5B	8.5B	8.5B
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	1.26B	1.88B	3.33B	4.96B	6.86B
Treasury Stock	-205M	-199M	-123M	-156M	-329M
Comprehensive Income and Other	-191M	398M	706M	750M	708M
Total Common Equity	9.36B	10.58B	12.42B	14.05B	15.74B
Minority Interest	169K	57.95M	82.54M	94.6M	130M
Total Equity	9.36B	10.64B	12.5B	14.15B	15.87B
Total Liabilities And Equity	41.63B	50.49B	44.24B	47.91B	55.86B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	638M	638M	641M	640M	640M
ECS Total Common Shares Outstanding	638M	638M	641M	640M	640M
Book Value / Share	14.68	16.59	19.37	21.94	24.58
Tangible Book Value	6.91B	6.83B	8.45B	10.07B	11.66B
Tangible Book Value Per Share	10.83	10.7	13.19	15.72	18.21
Total Debt	132M	2.11B	1.24B	576M	720M
Net Debt	-307M	1.66B	522M	72.5M	442M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	169K	57.95M	82.54M	94.6M	130M
Equity Method Investments, Total	579M	202M	194M	227M	251M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	244M	127M	127M	123M	132M
Buildings, Total	807M	552M	525M	519M	533M
Machinery, Total	142M	137M	133M	123M	119M
Full Time Employees	12.16K	12.72K	12.67K	13.17K	13.62K
Assets on Operating Lease - Gross	1.01B	1.42B	728M	32.15M	2.26M
Assets on Operating Lease - Accumulated Depreciation	-23.72M	-50.71M	-54.95M	-3.92M	-1.5M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	1.54B	1.13B	2.27B	2.64B	3.38B
Depreciation, Depletion & Amortization	74.99M	151M	150M	81.64M	54.71M
Amortization of Goodwill and Intangible Assets - (CF)	16.17M	34.6M	102M	117M	85.21M
Total Depreciation, Depletion & Amortization	91.16M	186M	252M	199M	140M
Amortization of Deferred Charges, Total	155M	116M	152M	236M	302M
(Gain) Loss On Sale of Asset - (CF)	-31.72M	-119M	58.73M	-8.85M	-27.96M
Total Asset Writedown	-	755M	-310M	3.31M	230M
Deferred Policy Acquisition Costs - (CF)	-387M	-844M	-462M	-535M	-1.26B
(Income) Loss On Equity Investments - (CF)	-11.23M	26.21M	8.01M	-33.28M	-65.76M
Minority Interest in Earnings - (CF)	20K	40.34M	-24.12M	-33.87M	-7.8M
Change in Trading Asset Securities	1.52B	220M	-3.8B	3.49B	-1.37B
Change in Accounts Receivable	-1.09B	-1.85B	22.28M	14.52M	1.57M
Reinsurance Recoverable - (CF)	12.97M	-1.42M	-	-	-
Change In Income Taxes	414M	474M	919M	1.32B	826M
Change In Deferred Taxes	-590M	-24.99M	55.79M	-253M	352M
Change in insurance Reserves / Liabilities	928M	318M	684M	-207M	578M
Change in Other Net Operating Assets (Collected)	588M	287M	1.16B	-3.1B	-247M
Other Operating Activities	-673M	2.13B	-917M	-1.33B	-1.46B
Cash from Operations	2.47B	2.85B	69.77M	2.42B	1.37B
Capital Expenditure	-777M	-849M	-129M	-103M	-137M
Sale of Property, Plant, and Equipment	198M	738M	773M	619M	48.16M
Purchase / Sale of Intangible Assets	-351M	-1.42B	-572M	-283M	-405M
Cash from Investing	-929M	-1.53B	72.19M	233M	-494M
Long-Term Debt Issued, Total	-	2.57B	2.34B	1.66B	2.05B
Total Debt Issued	-	2.57B	2.34B	1.66B	2.05B
Long-Term Debt Repaid, Total	-	-2.23B	-3.46B	-2.19B	-1.77B
Total Debt Repaid	-	-2.23B	-3.46B	-2.19B	-1.77B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-45.43M	-	-	-201M	-251M
Common Dividends Paid	-844M	-629M	-357M	-838M	-1.19B
Common & Preferred Stock Dividends Paid	-844M	-629M	-357M	-838M	-1.19B
Other Financing Activities, Total	-168M	-	-	-	-
Cash from Financing	-1.06B	-291M	-1.47B	-1.56B	-1.17B
Net Change in Cash	485M	1.03B	-1.33B	1.09B	-294M
Supplemental Items
Cash Interest Paid	168M	242M	351M	110M	162M
Cash Income Tax Paid (Refund)	371M	430M	822M	1.22B	1.38B
Net Debt Issued / Repaid	-	338M	-1.11B	-523M	273M
Levered Free Cash Flow	2.28B	-1.44B	3.51B	2.44B	-220M
Unlevered Free Cash Flow	2.42B	-1.23B	3.71B	2.5B	-188M
Change In Net Working Capital	-1.72B	792M	-1.01B	519M	3.26B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	4.04	3.27	7.12	6.45	6.11
Return on Total Capital	16.97	13.72	21.96	20.87	20.24
Return On Equity %	16.81	11.52	20.06	20.2	22.81
Return on Common Equity	16.81	11.38	19.76	19.99	22.7
Margin Analysis
Gross Profit Margin %	38.78	33.83	41.09	41.01	40.45
SG&A Margin	15.74	13.07	13.48	14.33	13.92
EBITDA Margin %	11.39	8.8	14.53	13.27	11.99
EBITA Margin %	11.13	8.35	14.16	13.11	11.9
EBIT Margin %	11.06	8.23	13.86	12.79	11.71
Income From Continuing Operations Margin %	6.75	3.88	6.69	7.24	7.91
Net Income Margin %	6.75	3.82	6.55	7.12	7.81
Net Avail. For Common Margin %	6.75	3.82	6.55	7.12	7.81
Normalized Net Income Margin	3.93	2.42	6.17	6.51	6.56
Levered Free Cash Flow Margin	9.95	-4.83	10.15	6.58	-0.51
Unlevered Free Cash Flow Margin	10.59	-4.13	10.72	6.73	-0.43
Asset Turnover
Asset Turnover	0.58	0.64	0.82	0.81	0.83
Fixed Assets Turnover	11.82	13.4	18.3	31.25	50.9
Receivables Turnover (Average Receivables)	4.29	4.37	-	-	-
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	1.02	1.01	1.12	1.13	1.22
Quick Ratio	0.6	0.61	0.54	0.46	0.97
Operating Cash Flow to Current Liabilities	0.1	0.09	0	0.11	0.05
Days Sales Outstanding (Average Receivables)	85.01	83.61	-	-	-
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	265.41	227.95	94.05	97.39	84.36
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	1.41	19.81	9.93	4.07	4.54
Total Debt / Total Capital	1.39	16.53	9.03	3.92	4.34
LT Debt/Equity	1.27	11.06	8	2	1.86
Long-Term Debt / Total Capital	1.25	9.24	7.28	1.92	1.78
Total Liabilities / Total Assets	77.5	78.92	71.75	70.48	71.59
EBIT / Interest Expense	10.8	7.33	15.13	54.23	101.22
EBITDA / Interest Expense	11.19	7.88	15.93	56.5	104.01
(EBITDA - Capex) / Interest Expense	7.87	5.34	15.52	55.32	101.28
Total Debt / EBITDA	0.05	0.8	0.25	0.12	0.14
Net Debt / EBITDA	-0.12	0.63	0.1	0.01	0.08
Total Debt / (EBITDA - Capex)	0.07	1.18	0.25	0.12	0.14
Net Debt / (EBITDA - Capex)	-0.17	0.93	0.11	0.01	0.09
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	10.5	29.78	24.1	7.41	17.12
Gross Profit, 1 Yr. Growth %	-3.1	13.22	45.8	7.21	16.28
EBITDA, 1 Yr. Growth %	-30.41	-5.37	110.35	-4.79	5.35
EBITA, 1 Yr. Growth %	-30.06	-6.64	117.15	-3.59	7.1
EBIT, 1 Yr. Growth %	-28.04	-3.39	127.88	-0.91	12.32
Earnings From Cont. Operations, 1 Yr. Growth %	-8.53	-25.38	100	16.24	27.25
Net Income, 1 Yr. Growth %	-8.53	-26.51	98.79	16.71	27.83
Normalized Net Income, 1 Yr. Growth %	-43.24	-20.13	194.21	13.18	17.96
Diluted EPS Before Extra, 1 Yr. Growth %	-7.85	-26.53	97.9	16.44	27.8
Net Property, Plant and Equip., 1 Yr. Growth %	28.76	3.4	-32.27	-44.25	-0.85
Inventory, 1 Yr. Growth %	-	-	-	-	-
Accounts Receivable, 1 Yr. Growth %	22.93	31.67	-	-	-
Total Assets, 1 Yr. Growth %	13.34	17.77	10.84	8.3	16.59
Common Equity, 1 Yr. Growth %	4.01	13.01	18.01	13.17	12.03
Tangible Book Value, 1 Yr. Growth %	1.81	-1.17	24.95	19.07	15.79
Cash From Operations, 1 Yr. Growth %	71.78	53.89	-97.55	3.36K	-43.34
Capital Expenditures, 1 Yr. Growth %	110.09	9.34	-84.83	-19.95	32.97
Levered Free Cash Flow, 1 Yr. Growth %	-18.52	-161.07	-184	-32.43	-109.66
Unlevered Free Cash Flow, 1 Yr. Growth %	-15.6	-150.94	-193.41	-34.51	-108.09
Dividend Per Share, 1 Yr. Growth %	-	-	-	-26.14	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.46	19.76	22.93	15.45	11.81
Gross Profit, 2 Yr. CAGR %	7.31	4.74	26.55	25.03	10.82
EBITDA, 2 Yr. CAGR %	-5.84	-16.47	34.91	43.65	-0.34
EBITA, 2 Yr. CAGR %	-4.96	-17.48	35.8	46.93	0.55
EBIT, 2 Yr. CAGR %	-3.22	-16.62	37.66	50.27	2.3
Earnings From Cont. Operations, 2 Yr. CAGR %	5.82	-17.38	22.43	52.47	21.62
Net Income, 2 Yr. CAGR %	5.82	-18.01	21.14	52.32	22.14
Normalized Net Income, 2 Yr. CAGR %	-15.16	-32.67	54.02	82.48	14.5
Diluted EPS Before Extra, 2 Yr. CAGR %	5.99	-17.72	20.86	51.8	21.99
Net Property, Plant and Equip., 2 Yr. CAGR %	16.17	15.38	-16.31	-38.55	-25.51
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 2 Yr. CAGR %	20.98	27.22	-	-	-
Total Assets, 2 Yr. CAGR %	12.81	17.25	1.58	9.56	12.37
Common Equity, 2 Yr. CAGR %	6.41	8.42	15.14	15.57	12.6
Tangible Book Value, 2 Yr. CAGR %	5.86	0.31	10.62	21.98	17.44
Cash From Operations, 2 Yr. CAGR %	41.55	40.76	-80.59	-7.96	342.87
Capital Expenditures, 2 Yr. CAGR %	65.75	51.57	-59.28	-65.16	3.17
Levered Free Cash Flow, 2 Yr. CAGR %	30.98	-28.35	22.19	-23.52	-75.46
Unlevered Free Cash Flow, 2 Yr. CAGR %	32.8	-34.65	24.06	-20.66	-77.87
Dividend Per Share, 2 Yr. CAGR %	-4	-	22.38	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.76	14.44	18.64	17.52	15.82
Gross Profit, 3 Yr. CAGR %	6.25	9.24	15.77	19.74	21.57
EBITDA, 3 Yr. CAGR %	-4.52	-3.85	10.3	21.31	29.52
EBITA, 3 Yr. CAGR %	-3.6	-4.2	10.38	22.39	31.72
EBIT, 3 Yr. CAGR %	-2.62	-3.27	10.89	23.37	34.05
Earnings From Cont. Operations, 3 Yr. CAGR %	5.65	-5.81	11.1	20.33	43.56
Net Income, 3 Yr. CAGR %	5.62	-6.29	10.31	19.64	43.67
Normalized Net Income, 3 Yr. CAGR %	-12.74	-16.85	10.42	38.99	57.57
Diluted EPS Before Extra, 3 Yr. CAGR %	5.79	-6.19	10.41	19.37	43.34
Net Property, Plant and Equip., 3 Yr. CAGR %	12.44	11.74	-3.39	-26.91	-27.83
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 3 Yr. CAGR %	17.26	24.44	-	-	-
Total Assets, 3 Yr. CAGR %	10.85	15.57	6.4	3.77	11.86
Common Equity, 3 Yr. CAGR %	7	8.57	11.3	14.48	14.38
Tangible Book Value, 3 Yr. CAGR %	6.99	3.47	7.6	13.37	19.89
Cash From Operations, 3 Yr. CAGR %	33.8	32.21	-63.53	9.25	-21.7
Capital Expenditures, 3 Yr. CAGR %	52.48	44.29	-29.63	-48.99	-45.55
Levered Free Cash Flow, 3 Yr. CAGR %	6.33	2.63	7.87	1.3	-62.54
Unlevered Free Cash Flow, 3 Yr. CAGR %	2.46	-3.73	8.87	1.22	-63.8
Dividend Per Share, 3 Yr. CAGR %	-20.91	-	-	3.42	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.81	9.66	12.32	13.39	15.89
Gross Profit, 5 Yr. CAGR %	8.41	8.36	13.95	14.6	13.84
EBITDA, 5 Yr. CAGR %	12.6	1.53	10.91	10.9	6.75
EBITA, 5 Yr. CAGR %	14.11	1.67	11.49	11.54	7.2
EBIT, 5 Yr. CAGR %	15.48	2.18	11.84	11.96	7.59
Earnings From Cont. Operations, 5 Yr. CAGR %	11.12	0.97	12.07	14.3	15.19
Net Income, 5 Yr. CAGR %	11.02	0.61	11.57	13.91	14.9
Normalized Net Income, 5 Yr. CAGR %	1.38	-5.63	9.52	14.08	12.35
Diluted EPS Before Extra, 5 Yr. CAGR %	11.11	0.69	11.58	13.83	14.9
Net Property, Plant and Equip., 5 Yr. CAGR %	10.09	6.61	-0.09	-12.03	-12.93
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 5 Yr. CAGR %	11.44	16.45	-	-	-
Total Assets, 5 Yr. CAGR %	10.42	11.75	7.68	7.93	8.75
Common Equity, 5 Yr. CAGR %	6	6.53	10.19	11.18	11.82
Tangible Book Value, 5 Yr. CAGR %	6.73	3.45	8.42	10.3	11.43
Cash From Operations, 5 Yr. CAGR %	31.83	17.84	-41.65	14.38	-1
Capital Expenditures, 5 Yr. CAGR %	38.09	22.84	-10.08	-18.27	-17.99
Levered Free Cash Flow, 5 Yr. CAGR %	11.66	2.99	13.11	12.97	-39.88
Unlevered Free Cash Flow, 5 Yr. CAGR %	13.53	-5.79	10.46	12.69	-42.02
Dividend Per Share, 5 Yr. CAGR %	10.5	-	-5.83	0.38	-