Companhia Paranaense de Energia - COPEL

NYSE•ELP

CEO: Mr. Daniel Pimentel Slaviero

Sector: Utilities

Industry: Diversified Utilities

Listing Date: 1998-06-03

Companhia Paranaense de Energia - COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services segments. It is also involved in the piped natural gas distribution. The company operates hydroelectric, wind, and thermoelectric plants; and owns and operates transmission and distribution lines. It holds concessions to distribute electricity in municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. Companhia Paranaense de Energia COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.

Contact Information

Rua JosE Izidoro Biazetto, 158, Bloco A, Curitiba, PR, 81200-240, Brazil

55-41-3331-4011

www.copel.com

Market Cap

$27.53B

P/E (TTM)

4.1

27.5

Dividend Yield

4.9%

52W High

$11.23

52W Low

$5.72

52W Range

64%

Rank46Top 59.5%

3.5

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.5 / 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

$1.25B+18.75%

4-Quarter Trend

EPS

$0.09-52.00%

4-Quarter Trend

FCF

$131.50M-2.73%

4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Net Income Jumped 24.4% Net income attributable to controlling shareholders reached R$ 2,809.7 M in 2024, showing strong 24.4% growth compared to 2023.

Revenue Increased 5.5% Total Net Operating Revenue reached R$ 22,651.0 M in 2024, increasing 5.5% driven primarily by tariff adjustments.

Major Concession Renewals Secured Secured 30-year concession renewals for three major HPPs, involving R$4.1 B in combined grant bonuses paid in 2024.

Portfolio Decarbonization Advanced Portfolio decarbonization advanced with divestments of UEGA and Compagas, achieving 100% renewable electricity generation in 2024.

Risk Factors

Paraná Economy Dependence Operations remain heavily dependent on economic conditions within the State of Paraná for distribution sales volume and stability.

Hydrological Volatility Risk Operating results highly sensitive to volatile hydrological conditions impacting generation capacity and increasing reliance on costlier thermal energy.

Legal Claim Provisions Total Provisions for legal claims stand at R$ 956.7 M as of year-end 2024, reflecting uncertain outcomes from ongoing litigation.

Cybersecurity Vulnerability Remains Cybersecurity remains a significant risk area, despite recent program enhancements following the 2021 cyber attack incident.

Outlook

2025 CAPEX Budgeted Total budgeted CAPEX for wholly-owned subsidiaries in 2025 is R$ 3,029.1 M, focused on distribution and transmission infrastructure expansion.

Strategic Growth Focus Strategy targets growing market value and scaling business through synergy capture (GTDC) while focusing on electricity core business.

Developing Reserve Capacity Projects Developing new projects for energy reserve capacity auctions, emphasizing storage solutions and power availability optimization.

Governance Structure Updated Bylaws were amended post-dispersed capital structure, strengthening governance with independent directors and new advisory committees.

Peer Comparison

Revenue (TTM)

AES

$12.23B

-0.4%

CMS

$8.54B

+13.6%

CIG

$7.61B

+14.9%

Gross Margin (Latest Quarter)

CMS

127.9%

-13.3pp

UGI

51.4%

+0.1pp

OGE

41.9%

+12.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
ELP	$27.53B	4.1	10.7%	34.2%
CMS	$23.24B	21.3	12.3%	46.8%
AES	$10.14B	11.3	20.4%	58.6%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

6.8%

Steady Growth

4Q Net Income CAGR

-11.0%

Declining Profitability

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 6, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data