Telefonica Brasil
VIV
12.71
+0.07
+0.55%
Telefonica Brasil
US · VIV
#982 by market cap
Listed 1970
12.71
+0.07
+0.55%
Live - 5344 symbols - heartbeat 469s ago
· 2026-10-08 07:09
Pre-market
12.97
+2.05%
After-hours
12.71
0.00%
- Market cap
- 20.31B
- P/E (TTM)i
- 15.46
- P/Bi
- 1.55
- EPSi
- 0.76
- Div yieldi
- 7.57%
- 52W posi
- 36%
Reader sentiment
Are you bullish or bearish on VIV?
Anonymous reader poll. Unscientific, not investment advice.
Revenue annual, last 8 years
Latest year +6.71% YoY
Margins
- Gross margin
- 44.75%
- Operating margin
- 16.61%
- Net margin
- 10.35%
Key ratios & quality
- Enterprise valuei
- 22.97B
- PEG ratioi
- 1.05
PEG uses trailing P/E against the 3-year net income growth rate (14.72%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG."
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 43.46B | 44.27B | 43.13B | 44.03B | 48.04B | 52.10B | 55.85B | 59.60B |
| Gross profit | 22.44B | 22.11B | 20.43B | 19.25B | 20.61B | 22.68B | 24.49B | 26.67B |
| Selling & admin expenses | 14.87B | 14.37B | 13.48B | 10.34B | 12.03B | 11.57B | 12.06B | 12.87B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 9.19B | 7.26B | 5.86B | 6.73B | 6.38B | 7.81B | 8.92B | 9.90B |
| Pretax profit | 11.28B | 6.39B | 6.01B | 5.96B | 4.83B | 5.57B | 6.76B | 7.27B |
| Tax | 2.35B | 1.39B | 1.24B | -269.83M | 773.69M | 533.94M | 1.21B | 1.09B |
| Net profit | 8.93B | 5.00B | 4.77B | 6.23B | 4.06B | 5.04B | 5.56B | 6.18B |
| Basic EPS | 5 | 3 | 3 | 4 | 2 | 3 | 3 | 4 |
| Diluted EPS | 4.96 | 2.78 | 2.90 | 3.71 | 2.44 | 3.04 | 3.38 | 3.82 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 14.39B | 14.65B | 14.95B | 15.61B | 15.46B | 15.76B |
| Gross profit | 6.35B | 6.62B | 6.80B | 6.89B | 6.94B | 7.18B |
| Selling & admin expenses | 3.20B | 3.19B | 3.19B | 3.29B | 3.48B | 3.47B |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 2.17B | 2.46B | 2.94B | 2.33B | 2.49B | 2.78B |
| Pretax profit | 1.42B | 1.56B | 2.10B | 2.20B | 1.60B | 1.88B |
| Tax | 359.50M | 216.65M | 215.05M | 302.21M | 346.54M | 316.26M |
| Net profit | 1.06B | 1.34B | 1.89B | 1.90B | 1.26B | 1.57B |
| Basic EPS | 1 | 1 | 1 | 1 | 1 | 1 |
| Diluted EPS | 0.66 | 0.83 | 1.18 | 1.18 | 0.78 | 0.98 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 18.36B | 18.64B | 19.06B | 21.06B | 17.28B | 19.24B | 22.81B | 25.22B |
| Cash & ST investments | 3.38B | 3.39B | 5.76B | 6.48B | 2.27B | 4.36B | 6.69B | 7.13B |
| Inventory | 462.05M | 578.00M | 633.10M | 639.83M | 789.72M | 822.81M | 1.10B | 1.48B |
| Total assets | 102.56B | 108.29B | 108.74B | 115.66B | 119.12B | 120.74B | 124.94B | 128.07B |
| Total current liabilities | 17.16B | 17.73B | 17.88B | 22.46B | 22.17B | 20.08B | 24.26B | 25.25B |
| Short-term debt | 1.46B | 4.13B | 3.68B | 6.91B | 6.02B | 4.48B | 6.45B | 5.35B |
| Long-term debt | 4.34B | 2.54B | 999.96M | 1.70B | 4.75B | 4.54B | 3.57B | 4.45B |
| Total liabilities | 30,954,291,000.00 | 37,834,144,000.00 | 39,181,614,000.00 | 45,657,337,000.00 | 50,665,636,000.00 | 51,110,660,000.00 | 55,141,178,000.00 | 59,068,982,000.00 |
| Total equity | 71.61B | 70.46B | 69.56B | 70.01B | 68.46B | 69.63B | 69.80B | 69.00B |
| Retained earnings | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 25.80B | 26.34B | 24.25B | 25.22B | 28.63B | 27.94B |
| Cash & ST investments | 8.19B | 9.44B | 6.80B | 7.13B | 9.14B | 8.56B |
| Inventory | 1.21B | 991.82M | 1.26B | 1.48B | 1.76B | 1.78B |
| Total assets | 126.61B | 126.48B | 123.90B | 128.07B | 130.48B | 128.91B |
| Total current liabilities | 26.76B | 26.80B | 23.88B | 25.25B | 26.05B | 29.38B |
| Short-term debt | 6.60B | 6.79B | 4.91B | 5.35B | 5.19B | 5.21B |
| Long-term debt | 3.63B | 3.60B | 3.59B | 4.45B | 4.46B | 4.42B |
| Total liabilities | 58,460,739,000.00 | 58,336,263,000.00 | 55,399,015,000.00 | 59,068,982,000.00 | 60,708,455,000.00 | 63,211,550,000.00 |
| Total equity | 68.14B | 68.14B | 68.50B | 69.00B | 69.78B | 65.70B |
| Retained earnings | 669.63M | 1.06B | 2.15B | -- | 728.70M | 1.14B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 11.94B | 17.72B | 19.34B | 18.07B | 18.94B | 18.79B | 19.88B | 20.72B |
| Depreciation & amortization | 8.37B | 10.92B | 11.23B | 12.04B | 12.66B | 13.39B | 14.20B | 14.94B |
| Free cash flow | 3.42B | 8.88B | 11.05B | 8.78B | 9.05B | 9.97B | 10.55B | 11.26B |
| Dividends paid | -4.14B | -6.18B | -5.26B | -4.90B | -5.71B | -3.83B | -2.53B | -2.19B |
| Stock buybacks / issuance | 0 | 0 | -22.72M | -496.00M | -607.44M | -488.76M | -2.76B | -3.69B |
| Ending cash balance | 3.38B | 3.39B | 5.76B | 6.45B | 2.27B | 4.36B | 6.69B | 7.03B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 5.09B | 5.87B | 4.61B | 5.14B | 5.30B | 5.15B |
| Depreciation & amortization | 3.71B | 3.69B | 3.72B | 3.82B | 3.88B | 3.98B |
| Free cash flow | 2.67B | 3.63B | 2.25B | 2.71B | 2.88B | 2.90B |
| Dividends paid | -137.00K | -1.87B | -380.00K | -317.94M | -384.00K | -2.50B |
| Stock buybacks / issuance | -326.48M | 474.13M | -3.50B | -344.12M | -280.00K | -407.00K |
| Ending cash balance | 8.19B | 9.45B | 6.80B | 7.03B | 9.06B | 8.48B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 12.66 | 7.04 | 6.81 | 8.95 | 5.91 | 7.29 | 7.97 | 8.91 |
| ROA %i | 8.76 | 4.74 | 4.40 | 5.56 | 3.48 | 4.19 | 4.52 | 4.88 |
| ROIC %i | 11.29 | 5.88 | 5.57 | 7.18 | 4.31 | 5.57 | 5.94 | 6.51 |
| 5-year avg ROE %i | 8.50 | 7.66 | 7.82 | 8.42 | 8.27 | 7.20 | 7.38 | 7.80 |
| EBIT margin %i | 26.38 | 14.77 | 14.23 | 13.98 | 10.78 | 11.77 | 13.15 | 13.53 |
| FCF / sales %i | 7.88 | 20.07 | 25.63 | 19.93 | 18.83 | 19.15 | 18.90 | 18.89 |
| Current ratioi | 1.07 | 1.05 | 1.07 | 0.94 | 0.78 | 0.96 | 0.94 | 1.00 |
| Quick ratioi | 0.97 | 0.94 | 0.95 | 0.83 | 0.64 | 0.81 | 0.80 | 0.82 |
| Debt / assetsi | 5.99 | 12.77 | 12.18 | 14.64 | 16.20 | 15.52 | 16.61 | 15.89 |
| LT debt / equityi | 6.53 | 13.77 | 13.74 | 14.34 | 19.42 | 20.50 | 20.51 | 21.82 |
| Interest coveragei | 61.55 | 45.17 | 47.56 | 31.68 | 14.99 | 10.95 | 12.72 | 10.17 |
| Revenue CAGR (3Y) %i | 2.56 | 1.36 | -0.06 | 0.44 | 2.76 | 6.50 | 8.24 | 7.45 |
| Net income CAGR (3Y) %i | 37.69 | 6.97 | 1.16 | -11.26 | -6.52 | 1.78 | -3.84 | 14.72 |
| FCF CAGR (3Y) %i | 3.32 | 30.79 | 37.27 | 36.86 | 0.62 | -3.36 | 6.33 | 7.56 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 8.35 | 8.51 | 8.81 | 8.91 | 9.26 | 9.87 |
| ROA %i | 4.56 | 4.66 | 4.89 | 4.88 | 4.96 | 5.17 |
| ROIC %i | 6.23 | 6.31 | 6.58 | 6.51 | 6.89 | 7.34 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 13.48 | 13.10 | 13.53 | 13.53 | 13.74 | 14.02 |
| FCF / sales %i | 18.17 | 18.08 | 17.79 | 18.89 | 18.92 | 17.39 |
| Current ratioi | 0.96 | 0.98 | 1.02 | 1.00 | 1.10 | 0.95 |
| Quick ratioi | 0.77 | 0.81 | 0.83 | 0.82 | 0.86 | 0.75 |
| Debt / assetsi | 16.24 | 16.06 | 14.59 | 15.89 | 15.23 | 15.29 |
| LT debt / equityi | 20.50 | 19.86 | 19.24 | 21.82 | 21.12 | 22.10 |
| Interest coveragei | 11.16 | 10.34 | 10.39 | 10.17 | 9.49 | 9.92 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Services is the largest reported line at 92.41% of revenue, across 2 reported segments.
- The next-largest line, Sale of goods, is a distant second at 7.59% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Services92.41%
Sale of goods7.59%
Quote time 2026-10-08 07:09:21 · For reference only, not investment advice and not tailored to your situation.