
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
Market Cap
$1.82B
P/E (TTM)
-0.7
28
Dividend Yield
--
52W High
$6.25
52W Low
$3.80
52W Range
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)
$37.63B
$10.67B
PARR$7.48B
Gross Margin (Latest Quarter)
81.1%
60.9%
36.3%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| LBRT | $3.29B | 16.7 | 9.2% | 17.9% |
| PTEN | $2.76B | -19.1 | -4.0% | 22.1% |
| INSW | $2.76B | 12.4 | 11.5% | 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%MissForm 20-F - FY 2023
Period End: Dec 31, 2023|Filed: Nov 8, 2024|Revenue: $7.90B-0.7%|EPS: $0.47-60.9%BeatForm 20-F/A - FY 2022
Period End: Dec 31, 2022|Filed: Jun 30, 2023|Revenue: $7.48B+59.5%|EPS: $1.14-54.8%BeatForm 20-F - FY 2022
Period End: Dec 31, 2022|Filed: Apr 24, 2023|Refer to amended dataForm 20-F/A - FY 2021
Period End: Dec 31, 2021|Filed: Sep 28, 2022|Revenue: $4.38B+84.4%|EPS: $2.35+507.3%BeatForm 20-F - FY 2021
Period End: Dec 31, 2021|Filed: May 16, 2022|Refer to amended dataForm 20-F/A - FY 2020
Period End: Dec 31, 2020|Filed: Dec 17, 2021|Revenue: $2.58B-0.4%|EPS: $0.42-64.3%MissForm 20-F/A - FY 2020
Period End: Dec 31, 2020|Filed: Sep 3, 2021|Refer to amended data