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Porto Seguro SA
Previous close
R$36.42
Day range
R$36.25 - R$36.67
Year range
R$24.43 - R$40.34
Market cap
23.55B BRL
Avg Volume
2.46M
P/E ratio
9.00
Dividend yield
3.64%
Primary exchange
BVMF
Market news
Financials
Income Statement
Revenue
Net income
| (BRL) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 9.76B | 11.58% |
Operating expense | 2.65B | 9.75% |
Net income | 739.08M | 32.25% |
Net profit margin | 7.57 | 18.47% |
Earnings per share | 1.16 | 20.58% |
EBITDA | 1.25B | -10.71% |
Effective tax rate | 26.94% | — |
Balance Sheet
Total assets
Total liabilities
| (BRL) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 11.49B | 0.22% |
Total assets | 46.28B | -15.35% |
Total liabilities | 32.78B | -23.31% |
Total equity | 13.50B | — |
Shares outstanding | 641.74M | — |
Price to book | 1.74 | — |
Return on assets | 6.58% | — |
Return on capital | 21.34% | — |
Cash Flow
Net change in cash
| (BRL) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 739.08M | 32.25% |
Cash from operations | -93.71M | -103.43% |
Cash from investing | 45.08M | -22.33% |
Cash from financing | -61.81M | 93.85% |
Net change in cash | -110.45M | -106.20% |
Free cash flow | 466.28M | -68.93% |
About
Porto Seguro is the third largest Brazilian insurance company in Brazil, was founded in 1945 and has more than 13,000 employees. The company operates through its subsidiaries in Brazil and Uruguay. It is headquartered in São Paulo.
The company offers car insurance, residential, health, life, and business, and the consortium also offers auto and homeowners, pension, savings bonds and other financial services. Porto Seguro competes with Bradesco Seguros, BB Seguridade, SulAmérica, Mapfre, Zurich Insurance Group and other insurance and reinsurance companies in Brazil.
Porto Seguro is the leader in the auto and homeowner insurance segments in Brazil and has around 10 million clients all over the different business lines.
Currently, the company is owned by the Brazilian businessman Jayme Garfinkel and the bank Itaú Unibanco, through PSIUPAR. "Since establishing an alliance with the bank Itaú in August 2009, Porto Seguro products have been available at the bank’s branches."
Aston Martin F1 Team announced Porto Seguro as a partner at the 2022 Abu Dhabi Grand Prix for the 2023 season. Wikipedia
Founded
1945
Website
Employees
13,500
