Cosan S.A. (New York Stock Exchange:CSAN)
Insiders here have filed 8 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Loses money on what it sells.
- Revenue
- $40.08B
- Net income
- -$8.89B
- Net margin
- -22.2%
Heavily indebted for what it earns.
- Total debt
- $60.80B
- Cash
- $13.37B
- Net debt / EBITDA
- 8.56x
Comfortably covers what is due within a year.
- Current assets
- $31.50B
- Current liabilities
- $18.88B
- Current ratio
- 1.67
The business funds itself from operations.
- Operating cash flow
- $10.48B
- Free cash flow
- $1.78B
- FCF margin
- 4.4%
Not funding itself by issuing shares.
- Shares outstanding
- 984.1M
- Share growth (1y)
- -47.1%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
CSAN Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 10.78 B | 9.03 B | 9.61 B | 10.66 B | 10.48 B | 9.66 B |
| Revenue Growth (YoY) | 2.85 % | -6.56 % | -18.31 % | -8.43 % | -2.02 % | -1.82 % |
| Cost of Revenue | 6.75 B | 5.95 B | 6.63 B | 6.94 B | 6.88 B | 6.79 B |
| Gross Profit | 4.03 B | 3.08 B | 2.98 B | 3.73 B | 3.60 B | 2.87 B |
| SG&A Expense | 1.14 B | 991.23 M | 1.16 B | 1.14 B | 1.10 B | 975.09 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 1.14 B | 693.59 M | 699.50 M | 694.91 M | 553.20 M | 568.38 M |
| Operating Income | 2.89 B | 2.38 B | 2.28 B | 3.03 B | 3.04 B | 2.30 B |
| Pretax Income | 672.92 M | -167.19 M | -6.67 B | -467.15 M | 34.52 M | -888.86 M |
| Tax Provision | 486.17 M | 1.18 B | 186.68 M | 367.28 M | 602.62 M | 1.05 B |
| Net Income | -320.50 M | -1.58 B | -5.80 B | -1.19 B | -946.04 M | -1.79 B |
| EPS (Basic) | -0.32 | -0.80 | -3.60 | -0.64 | -0.50 | -0.96 |
| EPS (Diluted) | -0.32 | -0.80 | -3.60 | -0.64 | -0.50 | -0.96 |
| Shares Outstanding | 984.12 M | 1.96 B | 1.63 B | 1.86 B | 1.86 B | 1.86 B |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.