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ELPC

Companhia Paranaense de Energia

ELPC

Companhia Paranaense de Energia • NYSE
$10.13 ▼ -0.88% (-0.09)
Market Cap $1.90 B
52w High $10.51
52w Low $5.04
Dividend Yield 0.41%
P/E 19.48
Volume 2.85K
Outstanding Shares 187.32M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $6.811B ▲ $240.409M ▼ $384.222M ▼ 5.641% ▼ $2.03 ▼ $1.302B ▲
Q2-2025 $6.225B ▲ $967.013M ▼ $572.14M ▼ 9.191% ▼ $3.08 ▼ $1.2B ▼
Q1-2025 $5.892B ▼ $1.018B ▲ $665.508M ▲ 11.295% ▲ $3.6 ▲ $2.034B ▲
Q4-2024 $6.019B ▲ $-2.015B ▼ $586.506M ▼ 9.744% ▼ $3.16 ▼ $940.826M ▼
Q3-2024 $5.736B $1.077B $1.22B 21.265% $6.56 $1.322B

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $3.971B ▲ $62.048B ▲ $36.101B ▲ $25.986B ▲
Q2-2025 $2.904B ▼ $60.742B ▲ $35.183B ▲ $25.596B ▼
Q1-2025 $6.736B ▲ $60.241B ▲ $34.007B ▲ $26.272B ▲
Q4-2024 $4.163B ▼ $57.384B ▲ $31.747B ▲ $25.675B ▲
Q3-2024 $7.601B $56.554B $31.087B $25.493B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $67.049M ▼ $144.787M ▼ $-99.223M ▲ $121.304M ▲ $196.817M ▲ $134.887M ▼
Q2-2025 $573.564M ▼ $745.873M ▼ $-1.958B ▼ $-2B ▼ $-3.22B ▼ $696.702M ▼
Q1-2025 $664.667M ▲ $992.673M ▲ $-310.612M ▲ $1.213B ▲ $1.894B ▲ $970.516M ▲
Q4-2024 $575.164M ▲ $749.369M ▲ $-4.613B ▼ $445.376M ▲ $-3.418B ▼ $694.688M ▲
Q3-2024 $133.431M $136.48M $15.482M $-105.386M $72.141M $132.768M

Five-Year Company Overview

Income Statement

Income Statement Revenue has been climbing steadily in recent years, showing that the core business is still expanding. Operating profit has also improved, which suggests that day‑to‑day operations are generally under control and benefiting from scale. However, net income has been quite volatile, with a noticeable drop in the most recent year despite higher revenue. That pattern points to pressure from non‑operating items such as interest, taxes, or one‑off effects, rather than a collapse in the underlying business. Overall, the company looks like a growing utility with uneven bottom‑line results, where accounting and financial factors can significantly swing reported earnings from year to year.

Balance Sheet

Balance Sheet The balance sheet shows a company that has been slowly but steadily growing in size, with total assets and shareholders’ equity both trending upward. Debt has also increased over time, which is common for a capital‑intensive utility, but it does mean rising financial obligations that need to be watched. Cash balances move around from year to year but remain at a level that appears workable relative to the company’s scale. In broad terms, ELPC looks reasonably well capitalized, using a mix of equity and debt to fund expansion, while accepting higher leverage as part of its growth path.

Cash Flow

Cash Flow Cash generation from the core business has been consistently solid, without big swings, which is a positive sign for a regulated utility. After funding its investment spending, the company has regularly produced positive free cash flow, indicating that it is not overly stretched by its capital projects. Investment levels have been meaningful but not extreme, suggesting a measured approach to grid and generation upgrades rather than an aggressive, cash‑hungry expansion. Overall, the cash flow profile looks stable and supportive of ongoing operations, debt service, and a gradual investment program.

Competitive Edge

Competitive Edge ELPC operates as an integrated utility in Brazil, active across generation, transmission, distribution, and energy sales. This full‑chain presence provides operating synergies, scale advantages, and a deep understanding of the local electricity market. Its strong focus on renewable energy and ESG standards aligns well with regulatory trends and can be a differentiator versus less green peers. At the same time, the company remains exposed to the usual risks for Brazilian utilities: regulatory changes, political influence, hydrological variability for hydro assets, and competition in the free energy market. The recent move to a more dispersed ownership structure can strengthen governance and agility, potentially sharpening its competitive edge over time.

Innovation and R&D

Innovation and R&D Innovation is a clear focal point. ELPC is rolling out a large smart‑grid program with advanced metering and self‑healing capabilities, which should improve reliability and efficiency. It is actively using cloud, data analytics, and digital twin technologies to modernize planning and operations. The company is also leaning into renewables, energy storage, and electric‑vehicle charging, positioning itself for the energy transition. Through open innovation and a corporate venture arm, it is exploring emerging areas like green hydrogen and advanced batteries. The upside is a more modern, flexible utility with new revenue streams; the trade‑off is higher execution risk and the need to continually prove that these investments translate into tangible operational and financial benefits.

Summary

ELPC looks like a growing Brazilian utility with a stable underlying business, a strengthening asset base, and relatively steady cash generation, but with earnings that can swing due to financial and one‑off factors. Its integrated model and heavy tilt toward renewables give it structural advantages and good alignment with long‑term energy trends. The company is leaning hard into smart grids, digital tools, and new technologies, which could enhance efficiency and open new opportunities if executed well. Key things to watch are how rising debt is managed, how reliably earnings track the solid cash flows, and whether the ambitious innovation agenda continues to deliver practical, measurable improvements rather than just promises on paper.