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Cosan S.A.

CSAN

NYSEEnergyOil & Gas Integrated

Open in GoAI

Previous close

$2.75

+$0.21 · +8.27%

Aug 21, 4:00 PM ET

CSAN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

65

Undervalued

Momentum

28

Weakening

Sentiment

47

Mixed

Risk resilience

41

Elevated Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

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, marketing, origination, and trading of sugar, as well as ethanol; production and marketing of bioenergy, and solar energy and biogas; trading and resale of electricity; and trading and marketing of fossil, renewable fuels, and lubricants under the Shell brand. Its Compass segment distributes piped natural gas to industrial, residential, commercial, automotive, and cogeneration customers; and marketing of natural gas. The company's Moove segment produces, formulates, and distributes lubricants, base oils, and specialties under the Mobil brand and various proprietary brands for industrial, commercial, and passenger vehicles. Its Rumo segment provides logistics services for rail transportation, storage, and port loading of commodities, including grains and sugar; locomotive and railcar leasing; and rail equipment and container operations. The company's Radar segment manages agricultural property. The company operates in Brazil, England, France, Spain, Portugal, Argentina, Bolivia, Uruguay, Paraguay, Singapore, United Arab Emirates, Oceania, the United States, Latin America, Europe, Asia, and internationally. Cosan S.A. was founded in 1936 and is headquartered in São Paulo, Brazil.

Industry
Oil & Gas Integrated
Sector
Energy
Headquarters
BR
CEO
Marcelo Eduardo Martins
Listed since
Mar 8, 2021
Employees
51,755

Market position

Day range

Current $2.75

52-week range

Current $2.75

Open
$2.615
Previous close
$2.54
Volume
2.24M
1.17× average
Average volume
1.91M
Average daily volume
Market cap
2.69B USD
Beta
0.49
Market reference 1
50-day average
$2.883
-4.61% below average
200-day average
$3.8991
-29.47% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
70.42B BRL
EV / EBITDA
19.37×
Earnings yield
-35.98%
Free cash flow yield
0.27%

Profitability & efficiency

Return on equity
-183.29%
Return on assets
-7.20%
Return on invested capital
8.61%

Financial health

Current ratio
2.58×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends38%16%-7%-30%Gross margin, FY2021: 22.34%Gross margin, FY2022: 22.29%Gross margin, FY2023: 27.66%Gross margin, FY2024: 31.20%Gross margin, FY2025: 32.60%Operating margin, FY2021: 14.95%Operating margin, FY2022: 15.14%Operating margin, FY2023: 19.22%Operating margin, FY2024: 21.15%Operating margin, FY2025: 26.50%Net margin, FY2021: 24.19%Net margin, FY2022: 2.99%Net margin, FY2023: 2.77%Net margin, FY2024: -21.44%Net margin, FY2025: -24.05%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 22.34%. Gross margin FY2022 22.29%. Gross margin FY2023 27.66%. Gross margin FY2024 31.20%. Gross margin FY2025 32.60%. Operating margin FY2021 14.95%. Operating margin FY2022 15.14%. Operating margin FY2023 19.22%. Operating margin FY2024 21.15%. Operating margin FY2025 26.50%. Net margin FY2021 24.19%. Net margin FY2022 2.99%. Net margin FY2023 2.77%. Net margin FY2024 -21.44%. Net margin FY2025 -24.05%.

Income trends

Revenue

40.42B BRL-8.04%

Operating income

10.71B BRL+15.26%

Net income

−9.72B BRL-3.17%
Income trends across reported periods49.32B BRL27.85B BRL6.38B BRL−15.09B BRLRevenue, FY2021: 26.09B BRLRevenue, FY2022: 39.32B BRLRevenue, FY2023: 39.47B BRLRevenue, FY2024: 43.95B BRLRevenue, FY2025: 40.42B BRLOperating income, FY2021: 3.9B BRLOperating income, FY2022: 5.96B BRLOperating income, FY2023: 7.59B BRLOperating income, FY2024: 9.29B BRLOperating income, FY2025: 10.71B BRLNet income, FY2021: 6.31B BRLNet income, FY2022: 1.18B BRLNet income, FY2023: 1.09B BRLNet income, FY2024: −9.42B BRLNet income, FY2025: −9.72B BRLFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 26.09B BRL. Revenue FY2022 39.32B BRL. Revenue FY2023 39.47B BRL. Revenue FY2024 43.95B BRL. Revenue FY2025 40.42B BRL. Operating income FY2021 3.9B BRL. Operating income FY2022 5.96B BRL. Operating income FY2023 7.59B BRL. Operating income FY2024 9.29B BRL. Operating income FY2025 10.71B BRL. Net income FY2021 6.31B BRL. Net income FY2022 1.18B BRL. Net income FY2023 1.09B BRL. Net income FY2024 −9.42B BRL. Net income FY2025 −9.72B BRL.
Metric (BRL)FY2025FY2024FY2023FY2022FY2021
Revenue40.42B BRL43.95B BRL39.47B BRL39.32B BRL26.09B BRL
Cost of goods sold27.24B BRL30.24B BRL28.55B BRL30.56B BRL20.26B BRL
Gross profit13.18B BRL13.71B BRL10.92B BRL8.77B BRL5.83B BRL
Selling, general, and administrative4.38B BRL4.42B BRL3.88B BRL3.03B BRL2.12B BRL
Operating expenses2.46B BRL4.42B BRL3.33B BRL2.81B BRL1.93B BRL
Interest income3.23B BRL2.44B BRL2.51B BRL2.18B BRL1.01B BRL
Interest expense7.74B BRL7.15B BRL5.64B BRL5.47B BRL3.89B BRL
Depreciation and amortization3.89B BRL3.26B BRL3.36B BRL3.01B BRL2.5B BRL
Operating income10.71B BRL9.29B BRL7.59B BRL5.96B BRL3.9B BRL
Net income−9.72B BRL−9.42B BRL1.09B BRL1.18B BRL6.31B BRL

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
18%
2 beats, 9 misses, 0 met estimates
Average EPS surprise
-911.27%
11 comparable reports
Latest EPS result
-0.06
Estimate 0.01 · Miss by 743.78%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.07-0.16-0.4-0.63Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual -0.585, estimate 0.019, surprise -3149.97%, Miss. Q2 2025, reported May 15, 2025: actual -0.121, estimate -0.015, surprise -732.60%, Miss. Q3 2025, reported Aug 13, 2025: actual -0.07, estimate 0.004, surprise -2045.71%, Miss. Q4 2025, reported Nov 14, 2025: actual -0.091, estimate 0.025, surprise -471.83%, Miss. Q1 2026, reported Mar 10, 2026: actual -0.16, estimate 0.009, surprise -1866.00%, Miss. Q2 2026, reported May 14, 2026: actual -0.061, estimate 0.002, surprise -4192.67%, Miss. Q3 2026, reported Aug 14, 2026: actual -0.06, estimate 0.009, surprise -743.78%, Miss. Q4 2026, reported Nov 13, 2026: actual —, estimate 0.017, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.13B1.52B907.92M296.36MQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26MetQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual 1.32B USD, estimate 1.33B USD, surprise -0.80%, Miss. Q2 2025, reported May 15, 2025: actual 1.19B USD, estimate 1.29B USD, surprise -7.46%, Miss. Q3 2025, reported Aug 13, 2025: actual 1.28B USD, estimate 1.19B USD, surprise +7.79%, Beat. Q4 2025, reported Nov 14, 2025: actual 2B USD, estimate 1.35B USD, surprise +47.63%, Beat. Q1 2026, reported Mar 10, 2026: actual 348.66M USD, estimate 1.4B USD, surprise -75.04%, Miss. Q2 2026, reported May 14, 2026: actual 1.75B USD, estimate 1.52B USD, surprise +15.18%, Beat. Q3 2026, reported Aug 14, 2026: actual 993.29M USD, estimate 993.29M USD, surprise 0.00%, Met estimate. Q4 2026, reported Nov 13, 2026: actual —, estimate 1.06B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$3.20

16.36% upside
Past 12 months12-month forecastHigh $3.20Average $3.20Low $3.20

CSAN news

defenseworld.net

Cosan Q2 Earnings Call Highlights

Cosan (NYSE: CSAN) reported a narrower net loss for the second quarter of 2026 as the Brazilian conglomerate advanced debt-reduction, divestment and cost-cutting efforts designed to simplify its holding-company…

Read source
globenewswire.com

Cosan S.A. Announces Material Fact

SÃO PAULO, Aug. 18, 2026 (GLOBE NEWSWIRE) -- COSAN S.A. (B3: CSAN3; NYSE: CSAN) (“Cosan” or “Company”), in compliance with the provisions of article 157, paragraph 4, of Law No. 6404/76, and Resolution 44/21 of the…

Read source
seekingalpha.com

Cosan S.A. (CSAN) Q2 2026 Earnings Call Transcript

Cosan S.A. (CSAN) Q2 2026 Earnings Call Transcript

Read source
marketbeat.com

Cosan Q2 Earnings Call Highlights

Cosan NYSE: CSAN reported a narrower net loss for the second quarter of 2026 as the Brazilian conglomerate advanced debt-reduction, divestment and cost-cutting efforts designed to simplify its holding-company structure.

Read source

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ETFs holding CSAN

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Total World Stock ETF logoVanguard Total World Stock ETFVT
Market value
1.01M
Weight
0.00%
AUM
97.9B USD
Expense ratio
0.06%
Price / 1D
$160.77+0.53%

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