SABESP (ADR) (SBS)
Supplies treated water and sewage services across hundreds of São Paulo municipalities.
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Supplies treated water and sewage collection, treatment, and disposal across hundreds of São Paulo municipalities. Revenue is concentrated in the capital, while regulated tariffs, concession obligations, infrastructure delivery, and water availability shape the business.
Supplies treated water and collects, treats, and disposes of sewage for residential, commercial, industrial, and government customers. Management reports these activities as a single sanitation-services segment, while concession accounting also recognizes construction tied to infrastructure upgrades.
Operates across hundreds of municipalities in São Paulo state, with the city of São Paulo contributing roughly half of sanitation-service revenue. Execution centers on running interconnected supply systems and expanding networks across dense urban areas, informal settlements, and varied municipal systems.
Relies on regulated tariffs and a long-dated regional concession that sets accelerated universal-service obligations. Meeting those obligations requires sustained infrastructure delivery under supply-chain, construction-cost, and engineering constraints. Water availability is a separate physical dependency, as drought can require pressure reductions, supply transfers, demand incentives, and emergency reserves.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
No analyst notes in the last 24 months.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $3.41B · Total debt $10.02B · Total assets $23.35B · Shareholders' equity $8.82B
- Revenue
- $2.04B
- Operating income
- $619.8M
- Net income
- $289.3M
Reported in BRL, converted at the latest exchange rate
HistoryDividendAnnual yield
| Institutions | 11.08% | 378.83M ADS | |
|---|---|---|---|
| 298 holders · as of Jun 30, 2026 | |||
| Insiders | 0.00% | 595 ADS | |
| 2 holders · as of Jun 17, 2026 | |||
| Other | 88.92% | 3.04B ADS | |
| remainder | |||
3.42B ADS (1 ADS = 0 ordinary shares) as of Sep 17, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2022 annual report; nothing newer is on file here.
A stock split fell inside the quarter, so quarter-on-quarter changes are not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Impax Asset Management Group PLCInstitution | 1.53% | 52.32M ADS | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 0.88% | 29.94M ADS | as of Jun 30, 2026 |
AmundiInstitution | 0.76% | 26.10M ADS | as of Jun 30, 2026 |
Royal London Asset Management LtdInstitution | 0.60% | 20.55M ADS | as of Jun 30, 2026 |
Deutsche Bank AG\Institution | 0.56% | 19.19M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 15, 2026 | Daniel Szlak | officer: Chief Financial Officer | −7,462 | $5.84 |
| May 21, 2026 | de Sousa Samanta I.S. Tavares | officer: Inst. Rel. & Sustain. Officer | −11,400 | $17.17 |
| May 25, 2026 | de Sousa Roberval Tavares | officer: Engineering Officer | −11,800 | $17.28 |
Not reported.