logo
Twitter
Discord
Email
logo
Cosan S.A.

Cosan S.A.

NYSE•CSAN
CEO: Mr. Marcelo Eduardo Martins
Sector: Energy
Industry: Oil & Gas Refining & Marketing
Listing Date: 2021-03-08
Cosan S.A. engages in the fuel distribution business. It operates through Raízen, Compass, Moove, Rumo, and Radar segments. The company's Raízen segment engages in the production, commercialization, origination, and trading of ethanol, bioenergy, renewable sources, and sugar; trading and resale of electricity; and distribution and commercialization of fuels and lubricants. Its Compass segment distributes piped natural gas to industrial, residential, commercial, automotive, and cogeneration customers; and develops infrastructure projects in a regasification terminal, offshore gas pipeline, and thermal generation projects utilizing natural gas, as well as commercialization of electricity and natural gas. The company's Moove segment produces and distributes lubricants under the Comma brand. Its Rumo segment provides logistics services for rail transportation, port storage, and loading of goods, including grains and sugar; and leases locomotives, wagons, and another railroad equipment, as well as operates containers. The company's Radar segment manages agricultural property. It operates in Brazil, England, France, Spain and Portugal, Argentina, Bolivia, Uruguay and Paraguay, the United States, Asia, and internationally. Cosan S.A. was founded in 1936 and is headquartered in São Paulo, Brazil.
Contact Information
Avenida Brigadeiro Faria Lima, 4100, 16th floor, São Paulo, SP, 04538-132, Brazil
55-11-3897-9797
www.cosan.com.br
Market Cap
$1.82B
P/E (TTM)
-0.7
28
Dividend Yield
--
52W High
$6.25
52W Low
$3.80
52W Range
4%
Rank39Top 39.1%
4.2
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$1.96B-8.43%
4-Quarter Trend

EPS

-$0.47-500.00%
4-Quarter Trend

FCF

$27.30M-88.42%
4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Net Sales Increased 11.4% Net sales reached R$ 44.0B in 2024, showing 11.4% growth, driven by strong segment performance across the group.
Gross Profit Grew 25.6% Gross profit improved 25.6% to R$ 13.7B in 2024, reflecting better cost management and higher volumes in key areas.
Operating Cash Flow Rises Cash generated from operating activities increased to R$ 13.1B in 2024, supporting increased capital expenditure plans.
CAPEX Investment Rises Total consolidated capital expenditures reached R$ 7.8B in 2024, a 25.0% increase, focused on asset expansion and renovation.

Risk Factors

Vale Investment Impairment Recognized R$ 4.7B impairment charge on Vale investment due to prolonged decrease in fair value of associated shares.
Significant Legal Loss Provisions Provisions for probable legal proceedings totaled R$ 2.04B as of December 31, 2024, covering tax, civil, and labor claims.
Internal Control Material Weakness Material weakness identified due to failure in robust risk assessment during Moove ERP system migration affecting controls.
Rumo Concession Renewal Uncertainty Rumo faces uncertainty regarding timely renewal of Malha Sul railway concession, which could impact investment strategy.

Outlook

Cybersecurity Control Enhancement Plan deployment of next-generation SIEM solution and onboarding new SOC partner in 2025 to improve security defenses.
Raízen E2G Plant Restructuring Raízen will discontinue recurring operations at Costa Pinto E2G pilot plant starting April 2025 for biofuel development.
Debt Refinancing Activities Ongoing Cosan executed significant debt restructuring in Q1 2025, including early redemption of several senior notes and debentures.

Peer Comparison

Revenue (TTM)

World Kinect CorporationWKC
$37.63B
-15.3%
Delek US Holdings, Inc.DK
$10.67B
-22.4%
Par Pacific Holdings, Inc.PARR
$7.48B
-10.1%

Gross Margin (Latest Quarter)

Crescent Energy CompanyCRGY
81.1%
+60.7pp
International Seaways, Inc.INSW
60.9%
-641.0pp
TORM plcTRMD
36.3%
-22.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
LBRT$3.29B16.79.2%17.9%
PTEN$2.76B-19.1-4.0%22.1%
INSW$2.76B12.411.5%28.8%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.8%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 24, 2026
|
EPS:-
|
Revenue:-
Reports
All Years
  • Form 20-F - FY 2024

    Period End: Dec 31, 2024|Filed: Apr 30, 2025|
    Revenue: $8.13B+11.4%
    |
    EPS: $-3.97-1008.5%
    Miss
  • Form 20-F - FY 2023

    Period End: Dec 31, 2023|Filed: Nov 8, 2024|
    Revenue: $7.90B-0.7%
    |
    EPS: $0.47-60.9%
    Beat
  • Form 20-F/A - FY 2022

    Period End: Dec 31, 2022|Filed: Jun 30, 2023|
    Revenue: $7.48B+59.5%
    |
    EPS: $1.14-54.8%
    Beat
  • Form 20-F - FY 2022

    Period End: Dec 31, 2022|Filed: Apr 24, 2023|Refer to amended data
  • Form 20-F/A - FY 2021

    Period End: Dec 31, 2021|Filed: Sep 28, 2022|
    Revenue: $4.38B+84.4%
    |
    EPS: $2.35+507.3%
    Beat
  • Form 20-F - FY 2021

    Period End: Dec 31, 2021|Filed: May 16, 2022|Refer to amended data
  • Form 20-F/A - FY 2020

    Period End: Dec 31, 2020|Filed: Dec 17, 2021|
    Revenue: $2.58B-0.4%
    |
    EPS: $0.42-64.3%
    Miss
  • Form 20-F/A - FY 2020

    Period End: Dec 31, 2020|Filed: Sep 3, 2021|Refer to amended data