Cosan (CSAN) Financials

$5.72 +0.23 (+4.09%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$5.68 -0.04 (-0.70%)

As of 05/23/2025 06:44 PM Eastern

Annual Income Statements for Cosan

This table shows Cosan's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Income / (Loss) Attributable to Common Shareholders	-1,524	2,132	1,512	585
Consolidated Net Income / (Loss)	-1,320	1,007	534	1,201
Net Income / (Loss) Continuing Operations	-1,364	1,361	1,209	585
Total Pre-Tax Income	-848	2,260	1,416	506
Total Operating Income	1,243	-483	494	959
Total Gross Profit	2,218	2,250	1,658	1,046
Total Revenue	7,107	6,200	6,891	4,906
Operating Revenue	7,107	6,200	6,891	4,906
Total Cost of Revenue	4,889	5,884	6,023	3,635
Operating Cost of Revenue	4,889	5,884	6,023	3,635
Total Operating Expenses	0.00	799	374	313
Total Other Income / (Expense), net	-2,081	1,844	715	-453
Interest Expense	1,235	26	-0.14	-
Interest & Investment Income	707	422	62	-
Other Income / (Expense), net	-1,553	1,448	653	-453
Income Tax Expense	516	-	-	-80
Net Income / (Loss) Discontinued Operations	44	9.36	9.43	-
Net Income / (Loss) Attributable to Noncontrolling Interest	-204	-762	-293	-
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-41	-	-	-
Weighted Average Basic Shares Outstanding	1.87B	1.87B	-	-
Weighted Average Diluted Shares Outstanding	1.87B	1.87B	-	-
Weighted Average Basic & Diluted Shares Outstanding	1.87B	1.87B	-	-

No quarterly income statements for Cosan are available.

This table details how cash moves in and out of Cosan's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Change in Cash & Equivalents	1,437	1,838	2,404	784
Net Cash From Operating Activities	221	730	403	314
Net Cash From Continuing Operating Activities	221	730	403	314
Net Income / (Loss) Continuing Operations	0.00	0.00	0.00	0.00
Depreciation Expense	626	694	570	449
Non-Cash Adjustments To Reconcile Net Income	-348	-58	-272	-164
Changes in Operating Assets and Liabilities, net	-57	94	105	28
Net Cash From Investing Activities	441	133	373	0.00
Net Cash From Continuing Investing Activities	441	133	373	0.00
Sale and/or Maturity of Investments	441	133	373	0.00
Net Cash From Financing Activities	775	975	1,629	471
Net Cash From Continuing Financing Activities	775	975	1,629	471
Repayment of Debt	-1,971	-1,660	-2,890	-1,780
Issuance of Debt	2,746	2,635	4,519	2,251
Cash Income Taxes Paid	194	75	60	83

No quarterly cash flow statements for Cosan are available.

This table presents Cosan's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	22,844	28,826	25,442
Total Current Assets	4,146	4,886	4,004
Cash & Equivalents	2,733	3,021	2,516
Restricted Cash	28	42	26
Accounts Receivable	646	710	743
Inventories, net	335	369	354
Current Deferred & Refundable Income Taxes	143	154	251
Other Current Assets	102	149	106
Other Current Nonoperating Assets	158	441	7.64
Plant, Property, & Equipment, net	5,059	6,229	5,244
Plant, Property & Equipment, gross	5,059	6,229	5,244
Total Noncurrent Assets	12,255	16,270	15,186
Long-Term Investments	3,980	6,772	6,855
Noncurrent Note & Lease Receivables	305	356	324
Goodwill	4,258	4,668	4,185
Noncurrent Deferred & Refundable Income Taxes	898	1,428	1,035
Other Noncurrent Operating Assets	2,815	3,045	2,787
Total Liabilities & Shareholders' Equity	22,844	28,826	25,442
Total Liabilities	16,473	18,319	16,329
Total Current Liabilities	1,775	2,235	2,589
Accounts Payable	906	929	902
Dividends Payable	16	113	169
Current Deferred Revenue	2.68	3.94	118
Other Taxes Payable	144	172	173
Other Current Liabilities	706	1,016	1,227
Total Noncurrent Liabilities	13,314	14,643	12,731
Long-Term Debt	11,427	12,463	10,658
Noncurrent Deferred & Payable Income Tax Liabilities	1,033	1,169	1,073
Noncurrent Employee Benefit Liabilities	217	298	234
Other Noncurrent Operating Liabilities	624	664	766
Other Noncurrent Nonoperating Liabilities	14	49	0.00
Total Equity & Noncontrolling Interests	6,371	10,507	9,113
Total Preferred & Common Equity	1,763	4,319	3,907
Total Common Equity	1,763	4,319	3,907
Common Stock	1,785	2,317	2,028
Retained Earnings	-105	1,956	1,792
Treasury Stock	-8.20	-19	-20
Accumulated Other Comprehensive Income / (Loss)	92	65	107
Noncontrolling Interest	4,608	6,188	5,205

No quarterly balance sheets for Cosan are available.

This table displays calculated financial ratios and metrics derived from Cosan's official financial filings.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Growth Metrics	-	-	-	-
Revenue Growth	778.73%	-10.02%	40.45%	0.00%
EBITDA Growth	-78.99%	-3.45%	79.89%	0.00%
EBIT Growth	-138.33%	-15.91%	126.93%	0.00%
NOPAT Growth	7.60%	-197.80%	-55.53%	0.00%
Net Income Growth	-231.10%	88.65%	-55.57%	0.00%
EPS Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	-70.05%	81.25%	28.41%	0.00%
Free Cash Flow Firm Growth	284.91%	72.06%	0.00%	0.00%
Invested Capital Growth	-15.00%	22.05%	0.00%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	31.20%	36.29%	24.07%	21.31%
EBITDA Margin	4.44%	26.75%	24.93%	19.46%
Operating Margin	17.49%	-7.79%	7.17%	19.55%
EBIT Margin	-4.36%	15.56%	16.65%	10.30%
Profit (Net Income) Margin	-18.57%	16.24%	7.74%	24.48%
Tax Burden Percent	155.61%	44.55%	37.69%	237.59%
Interest Burden Percent	273.62%	234.22%	123.40%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%	-15.81%
Return on Invested Capital (ROIC)	7.32%	-4.13%	9.38%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-56.10%	74.89%	14.97%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-22.96%	14.39%	2.33%	0.00%
Return on Equity (ROE)	-15.64%	10.26%	11.71%	0.00%
Cash Return on Invested Capital (CROIC)	23.54%	-23.99%	-190.62%	0.00%
Operating Return on Assets (OROA)	-1.20%	3.56%	4.51%	0.00%
Return on Assets (ROA)	-5.11%	3.71%	2.10%	0.00%
Return on Common Equity (ROCE)	-5.64%	4.30%	5.02%	0.00%
Return on Equity Simple (ROE_SIMPLE)	-74.85%	23.31%	13.66%	0.00%
Net Operating Profit after Tax (NOPAT)	870	-483	494	1,111
NOPAT Margin	12.24%	-7.79%	7.17%	22.64%
Net Nonoperating Expense Percent (NNEP)	63.42%	-79.02%	-5.59%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	4.89%	-	-	-
Cost of Revenue to Revenue	68.80%	94.90%	87.41%	74.08%
SG&A Expenses to Revenue	0.00%	8.40%	4.83%	7.77%
R&D to Revenue	0.00%	0.00%	-2.58%	0.00%
Operating Expenses to Revenue	0.00%	12.89%	5.42%	6.37%
Earnings before Interest and Taxes (EBIT)	-310	965	1,147	506
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	316	1,658	1,718	955
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	1.79	1.19	1.17	0.00
Long-Term Debt to Equity	1.79	1.19	1.17	0.00
Financial Leverage	0.41	0.19	0.16	0.00
Leverage Ratio	3.06	2.77	2.79	0.00
Compound Leverage Factor	8.38	6.48	3.45	0.00
Debt to Total Capital	64.20%	54.26%	53.91%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	64.20%	54.26%	53.91%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	25.89%	26.94%	26.33%	0.00%
Common Equity to Total Capital	9.91%	18.80%	19.76%	0.00%
Debt to EBITDA	36.21	7.52	6.21	0.00
Net Debt to EBITDA	14.85	1.58	0.73	0.00
Long-Term Debt to EBITDA	36.21	7.52	6.21	0.00
Debt to NOPAT	13.13	-25.80	21.58	0.00
Net Debt to NOPAT	5.38	-5.44	2.55	0.00
Long-Term Debt to NOPAT	13.13	-25.80	21.58	0.00
Altman Z-Score	0.00	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	63.96%	58.07%	57.12%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	2.34	2.19	1.55	0.00
Quick Ratio	1.90	1.67	1.26	0.00
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	2,799	-2,806	-10,040	0.00
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	2.27	-108.70	0.00	0.00
Operating Cash Flow to Interest Expense	0.18	28.27	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.18	28.27	0.00	0.00
Efficiency Ratios	-	-	-	-
Asset Turnover	0.28	0.23	0.27	0.00
Accounts Receivable Turnover	10.48	8.53	9.27	0.00
Inventory Turnover	13.88	16.28	17.03	0.00
Fixed Asset Turnover	1.26	1.08	1.31	0.00
Accounts Payable Turnover	5.33	6.43	6.68	0.00
Days Sales Outstanding (DSO)	34.82	42.77	39.36	0.00
Days Inventory Outstanding (DIO)	26.30	22.43	21.43	0.00
Days Payable Outstanding (DPO)	68.51	56.79	54.66	0.00
Cash Conversion Cycle (CCC)	-7.39	8.40	6.13	0.00
Capital & Investment Metrics	-	-	-	-
Invested Capital	10,928	12,856	10,534	0.00
Invested Capital Turnover	0.60	0.53	1.31	0.00
Increase / (Decrease) in Invested Capital	-1,929	2,322	10,534	0.00
Enterprise Value (EV)	0.00	0.00	0.00	0.00
Market Capitalization	0.00	0.00	0.00	0.00
Book Value per Share	$0.94	$2.30	$0.00	$0.00
Tangible Book Value per Share	($1.33)	($0.19)	$0.00	$0.00
Total Capital	17,798	22,970	19,771	0.00
Total Debt	11,427	12,463	10,658	0.00
Total Long-Term Debt	11,427	12,463	10,658	0.00
Net Debt	4,686	2,628	1,260	0.00
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-390	-412	-1,128	0.00
Debt-free Net Working Capital (DFNWC)	2,371	2,651	1,415	0.00
Net Working Capital (NWC)	2,371	2,651	1,415	0.00
Net Nonoperating Expense (NNE)	2,190	-1,490	-40	-91
Net Nonoperating Obligations (NNO)	4,557	2,349	1,421	0.00
Total Depreciation and Amortization (D&A)	626	694	570	449
Debt-free, Cash-free Net Working Capital to Revenue	-5.49%	-6.65%	-16.37%	0.00%
Debt-free Net Working Capital to Revenue	33.36%	42.75%	20.53%	0.00%
Net Working Capital to Revenue	33.36%	42.75%	20.53%	0.00%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	1.87B	1.87B	0.00	0.00
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	1.87B	1.87B	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.87B	1.87B	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	870	-338	346	671
Normalized NOPAT Margin	12.24%	-5.45%	5.02%	13.68%
Pre Tax Income Margin	-11.93%	36.45%	20.55%	10.30%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	-0.25	37.38	0.00	0.00
NOPAT to Interest Expense	0.70	-18.72	0.00	0.00
EBIT Less CapEx to Interest Expense	-0.25	37.38	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.70	-18.72	0.00	0.00
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for Cosan are available.

Frequently Asked Questions About Cosan's Financials

When does Cosan's financial year end?

According to the most recent income statement we have on file, Cosan's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Cosan's net income changed over the last 3 years?

Cosan's net income appears to be on a downward trend, with a most recent value of -$1.32 billion in 2024, falling from $1.20 billion in 2021. The previous period was $1.01 billion in 2023. Check out Cosan's forecast to explore projected trends and price targets.

What is Cosan's operating income?

Cosan's total operating income in 2024 was $1.24 billion, based on the following breakdown:

Total Gross Profit: $2.22 billion
Total Operating Expenses: $0.00

How has Cosan revenue changed over the last 3 years?

Over the last 3 years, Cosan's total revenue changed from $4.91 billion in 2021 to $7.11 billion in 2024, a change of 44.9%.

How much debt does Cosan have?

Cosan's total liabilities were at $16.47 billion at the end of 2024, a 10.1% decrease from 2023, and a 0.9% increase since 2022.

How much cash does Cosan have?

In the past 2 years, Cosan's cash and equivalents has ranged from $2.52 billion in 2022 to $3.02 billion in 2023, and is currently $2.73 billion as of their latest financial filing in 2024.

How has Cosan's book value per share changed over the last 3 years?

Over the last 3 years, Cosan's book value per share changed from 0.00 in 2021 to 0.94 in 2024, a change of 94.1%.

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This page (NYSE:CSAN) was last updated on 5/24/2025 by MarketBeat.com Staff

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Cosan (CSAN) Financials

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Cosan (CSAN) Financials

Annual Income Statements for Cosan

Quarterly Income Statements for Cosan

Annual Cash Flow Statements for Cosan

Quarterly Cash Flow Statements for Cosan

Annual Balance Sheets for Cosan

Quarterly Balance Sheets for Cosan

Annual Metrics And Ratios for Cosan

Quarterly Metrics And Ratios for Cosan

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