Companhia Paranaense de Energia - COPEL (ELPC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 29, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2024, filed Apr 17, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ELPC SEC filings page.
Companhia Paranaense de Energia - COPEL (ELPC) reported $3.7B in revenue for fiscal year 2024, down 17.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against utilities for FY2024. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Companhia Paranaense de Energia - COPEL's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Companhia Paranaense de Energia - COPEL has an operating margin of -3.6%, meaning the company loses $4 on every $100 of revenue. This results in a profitability score of 15/100. This is up from -5.6% the prior year.
Companhia Paranaense de Energia - COPEL's revenue declined 17.3% year-over-year, from $4.4B to $3.7B. This contraction results in a growth score of 19/100.
Companhia Paranaense de Energia - COPEL carries a low D/E ratio of 0.13, meaning only $0.13 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 1.26, Companhia Paranaense de Energia - COPEL holds $1.26 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 82/100.
Companhia Paranaense de Energia - COPEL generates a 10.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 11/100. This is up from 9.7% the prior year.
Companhia Paranaense de Energia - COPEL passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
For every $1 of reported earnings, Companhia Paranaense de Energia - COPEL generates $1.21 in operating cash flow ($548.8M OCF vs $452.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Companhia Paranaense de Energia - COPEL reported an operating loss of $133.7M against $378.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Companhia Paranaense de Energia - COPEL generated $3.7B in revenue in fiscal year 2024. This represents a decrease of 17.3% from the prior year.
Companhia Paranaense de Energia - COPEL's EBITDA was $103.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 180.3% from the prior year.
Companhia Paranaense de Energia - COPEL reported $452.7M in net income in fiscal year 2024. This represents a decrease of 5.6% from the prior year.
Not reported for fiscal year 2024.
Cash & Balance Sheet
Companhia Paranaense de Energia - COPEL held $673.0M in cash against $547.8M in long-term debt as of fiscal year 2024.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Margins & Returns
Companhia Paranaense de Energia - COPEL's gross margin was 21.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 1.2 percentage points from the prior year.
Companhia Paranaense de Energia - COPEL's operating margin was -3.6% in fiscal year 2024, reflecting core business profitability. This is up 2.0 percentage points from the prior year.
Companhia Paranaense de Energia - COPEL's net profit margin was 12.4% in fiscal year 2024, showing the share of revenue converted to profit. This is up 1.5 percentage points from the prior year.
Companhia Paranaense de Energia - COPEL's ROE was 10.9% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 1.2 percentage points from the prior year.
Capital Allocation
Companhia Paranaense de Energia - COPEL spent $921.5M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
ELPC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.7B-17.3% | $4.4B+14.0% | $3.9B+3.2% | $3.8B+4.9% | $3.6B-11.2% | $4.0B+5.0% | $3.8B-9.1% | $4.2B+5.1% | $4.0B+6.7% | $3.8B |
| Gross Profit | $791.0M-21.6% | $1.0B+8.2% | $932.6M+21.8% | $765.6M-24.8% | $1.0B-7.1% | $1.1B+23.9% | $884.7M-12.8% | $1.0B+15.0% | $881.5M+10.9% | $794.7M |
| Operating Income | -$133.7Mn/m | -$248.0Mn/m | -$374.8M-417.3% | $118.1Mn/m | -$198.7Mn/m | -$274.4Mn/m | -$267.8Mn/m | -$367.5Mn/m | -$270.1Mn/m | -$258.9M |
| EBITDA | $103.2M+180.3% | $36.8Mn/m | -$141.5M-147.1% | $300.6Mn/m | -$4.3Mn/m | -$37.8Mn/m | -$74.7Mn/m | -$146.6Mn/m | -$52.4Mn/m | -$88.0M |
| Interest Expense | $378.7M-19.2% | $468.7M+27.0% | $369.1M+64.9% | $223.9M+19.4% | $187.4M+7685.7% | $2.4M-99.3% | $322.6M-26.2% | $437.1M-5.1% | $460.7M+52.3% | $302.4M |
| Income Tax | $96.9M+32.8% | $73.0Mn/m | -$53.2M-125.2% | $211.4M-14.6% | $247.5Mn/m | -$168.1M-227.4% | $131.9M+59.1% | $82.9M-48.1% | $159.7M+18.8% | $134.4M |
| Net Income | $452.7M-5.6% | $479.6M+120.6% | $217.4M-76.0% | $905.6M+20.3% | $752.8M+46.7% | $513.3M+37.9% | $372.1M+10.2% | $337.6M+25.6% | $268.8M-8.4% | $293.4M |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses, SG&A Expenses, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
ELPC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.3B-19.3% | $11.5B+22.3% | $9.4B+5.8% | $8.9B-1.4% | $9.0B-5.5% | $9.5B+3.0% | $9.3B-7.5% | $10.0B+7.5% | $9.3B+27.8% | $7.3B |
| Current Assets | $2.1B-25.4% | $2.8B+60.2% | $1.8B-12.1% | $2.0B-8.6% | $2.2B+11.6% | $2.0B+14.4% | $1.7B0.0% | $1.7B+32.2% | $1.3B-24.4% | $1.7B |
| Cash & Equivalents | $673.0M-42.0% | $1.2B+129.2% | $506.7M-18.7% | $622.9M+0.4% | $620.5M-15.2% | $732.0M+45.8% | $502.1M+59.9% | $314.0M+4.0% | $301.9M-19.3% | $374.0M |
| Inventory | $22.0M-38.8% | $36.0M-2.3% | $36.9M+3.9% | $35.5M+13.2% | $31.3M-3.4% | $32.5M+8.3% | $30.0M-10.2% | $33.4M-16.9% | $40.2M+21.4% | $33.1M |
| Accounts Receivable | $153.6M+30.6% | $117.6M-30.7% | $169.8M+26.2% | $134.5M+35.8% | $99.0M-6.8% | $106.2M+13.5% | $93.6M-24.3% | $123.6M+31.0% | $94.3M-21.3% | $119.9M |
| Goodwill | N/A | N/A | $38.6M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $5.1B-22.1% | $6.6B+20.4% | $5.5B+10.0% | $5.0B-3.8% | $5.2B-1.4% | $5.2B+2.2% | $5.1B-5.4% | $5.4B+13.3% | $4.8B+29.1% | $3.7B |
| Current Liabilities | $1.7B-12.8% | $1.9B+41.7% | $1.4B-5.4% | $1.4B-23.0% | $1.9B+39.8% | $1.3B-22.9% | $1.7B-6.5% | $1.8B+6.1% | $1.7B+43.7% | $1.2B |
| Non-Current Liabilities | $3.5B-24.7% | $4.6B+13.5% | $4.1B+16.5% | $3.5B+7.0% | $3.3B-15.0% | $3.8B+15.0% | $3.3B-4.6% | $3.5B+17.4% | $3.0B+22.7% | $2.4B |
| Long-Term Debt | $547.8M-43.1% | $961.9M+16.3% | $827.0M+48.8% | $555.8M+16.8% | $475.8M-33.8% | $718.3M-5.0% | $756.2M-15.8% | $898.2M+13.4% | $791.7M-16.8% | $951.8M |
| Total Equity | $4.2B-15.7% | $4.9B+25.0% | $3.9B+0.5% | $3.9B+1.9% | $3.8B-10.5% | $4.3B+3.9% | $4.1B-10.0% | $4.6B+1.5% | $4.5B+26.5% | $3.6B |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | N/A | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
ELPC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $548.8M-24.3% | $725.1M-1.8% | $738.3M+21.5% | $607.5M-19.9% | $758.8M+3.6% | $732.8M+60.6% | $456.4M+52.8% | $298.7M-34.2% | $454.0M+36.1% | $333.6M |
| Depreciation & Amortization | $237.0M-16.8% | $284.8M+22.1% | $233.3M+27.8% | $182.5M-6.2% | $194.5M-17.8% | $236.6M+22.5% | $193.1M-12.6% | $220.9M+1.5% | $217.7M+27.4% | $170.9M |
| Capital Expenditures | N/A | N/A | $101.3M+67.0% | $60.7M+39.2% | $43.6M-52.4% | $91.5M-76.1% | $383.7M+5.4% | $364.0M-7.8% | $394.8M+107.7% | $190.1M |
| Free Cash Flow | N/A | N/A | $637.0M+16.5% | $546.9M-23.5% | $715.2M+11.5% | $641.2M+782.7% | $72.6Mn/m | -$65.3M-210.4% | $59.1M-58.8% | $143.5M |
| Investing Cash Flow | -$928.1Mn/m | -$646.1Mn/m | -$525.0M-9272.2% | $5.7Mn/m | -$321.1Mn/m | -$413.9Mn/m | -$553.8Mn/m | -$477.4Mn/m | -$771.9Mn/m | -$492.9M |
| Financing Cash Flow | $130.0M-76.6% | $555.8Mn/m | -$363.6Mn/m | -$517.4Mn/m | -$330.2Mn/m | -$71.7M-121.6% | $331.5M+68.9% | $196.2M+19.2% | $164.6M-52.5% | $346.4M |
| Dividends Paid | N/A | N/A | N/A | N/A | $120.6M+27.4% | $94.7M+22.1% | $77.5M-49.3% | $152.9M+34.8% | $113.4M+46.0% | $77.7M |
| Share Buybacks | $921.5M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Stock-Based Compensation.
ELPC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.6%-1.2pp | 22.8%-1.2pp | 24.0%+3.7pp | 20.3%-8.0pp | 28.4%+1.3pp | 27.1%+4.1pp | 23.0%-1.0pp | 23.9%+2.1pp | 21.9%+0.8pp | 21.1% |
| Operating Margin | -3.6%+2.0pp | -5.6%+4.0pp | -9.7%-12.8pp | 3.1%+8.7pp | -5.5%+1.3pp | -6.8%+0.2pp | -7.0%+1.7pp | -8.7%-2.0pp | -6.7%+0.1pp | -6.9% |
| Net Margin | 12.4%+1.5pp | 10.8%+5.2pp | 5.6%-18.5pp | 24.1%+3.1pp | 21.0%+8.3pp | 12.7%+3.0pp | 9.7%+1.7pp | 8.0%+1.3pp | 6.7%-1.1pp | 7.8% |
| Return on Equity | 10.9%+1.2pp | 9.7%+4.2pp | 5.5%-17.6pp | 23.1%+3.5pp | 19.6%+7.6pp | 12.0%+2.9pp | 9.0%+1.7pp | 7.3%+1.4pp | 5.9%-2.3pp | 8.2% |
| Return on Assets | 4.9%+0.7pp | 4.2%+1.9pp | 2.3%-7.9pp | 10.2%+1.8pp | 8.4%+3.0pp | 5.4%+1.4pp | 4.0%+0.6pp | 3.4%+0.5pp | 2.9%-1.1pp | 4.0% |
| Current Ratio | 1.26-0.2x | 1.47+0.2x | 1.30-0.1x | 1.40+0.2x | 1.18-0.3x | 1.48+0.5x | 1.00+0.1x | 0.93+0.2x | 0.75-0.7x | 1.42 |
| Debt-to-Equity | 0.13-0.1x | 0.200.0x | 0.21+0.1x | 0.140.0x | 0.120.0x | 0.170.0x | 0.180.0x | 0.200.0x | 0.17-0.1x | 0.27 |
| Liabilities-to-Equity | 1.24-0.1x | 1.34-0.1x | 1.39+0.1x | 1.27-0.1x | 1.34+0.1x | 1.220.0x | 1.24+0.1x | 1.18+0.1x | 1.060.0x | 1.04 |
| Asset Turnover | 0.390.0x | 0.380.0x | 0.410.0x | 0.420.0x | 0.400.0x | 0.420.0x | 0.420.0x | 0.420.0x | 0.43-0.1x | 0.52 |
| FCF Margin | N/A | N/A | 16.4%+1.9pp | 14.5%-5.4pp | 19.9%+4.1pp | 15.9%+14.0pp | 1.9%+3.4pp | -1.5%-3.0pp | 1.5%-2.3pp | 3.8% |
Where Companhia Paranaense de Energia - COPEL Ranks
Frequently Asked Questions
What is Companhia Paranaense de Energia - COPEL's annual revenue?
Companhia Paranaense de Energia - COPEL (ELPC) reported $3.7B in total revenue for fiscal year 2024. This represents a -17.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Companhia Paranaense de Energia - COPEL's revenue growing?
Companhia Paranaense de Energia - COPEL (ELPC) revenue declined by 17.3% year-over-year, from $4.4B to $3.7B in fiscal year 2024.
Is Companhia Paranaense de Energia - COPEL profitable?
Yes, Companhia Paranaense de Energia - COPEL (ELPC) reported a net income of $452.7M in fiscal year 2024, with a net profit margin of 12.4%.
What is Companhia Paranaense de Energia - COPEL's EBITDA?
Companhia Paranaense de Energia - COPEL (ELPC) had EBITDA of $103.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Companhia Paranaense de Energia - COPEL have?
As of fiscal year 2024, Companhia Paranaense de Energia - COPEL (ELPC) had $673.0M in cash and equivalents against $547.8M in long-term debt.
What is Companhia Paranaense de Energia - COPEL's gross margin?
Companhia Paranaense de Energia - COPEL (ELPC) had a gross margin of 21.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Companhia Paranaense de Energia - COPEL's operating margin?
Companhia Paranaense de Energia - COPEL (ELPC) had an operating margin of -3.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Companhia Paranaense de Energia - COPEL's net profit margin?
Companhia Paranaense de Energia - COPEL (ELPC) had a net profit margin of 12.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Companhia Paranaense de Energia - COPEL's return on equity (ROE)?
Companhia Paranaense de Energia - COPEL (ELPC) has a return on equity of 10.9% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Companhia Paranaense de Energia - COPEL's operating cash flow?
Companhia Paranaense de Energia - COPEL (ELPC) generated $548.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Companhia Paranaense de Energia - COPEL's total assets?
Companhia Paranaense de Energia - COPEL (ELPC) had $9.3B in total assets as of fiscal year 2024, including both current and long-term assets.
What is Companhia Paranaense de Energia - COPEL's current ratio?
Companhia Paranaense de Energia - COPEL (ELPC) had a current ratio of 1.26 as of fiscal year 2024, which is considered adequate.
What is Companhia Paranaense de Energia - COPEL's debt-to-equity ratio?
Companhia Paranaense de Energia - COPEL (ELPC) had a debt-to-equity ratio of 0.13 as of fiscal year 2024. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Companhia Paranaense de Energia - COPEL's liabilities-to-equity ratio?
Companhia Paranaense de Energia - COPEL (ELPC) had a liabilities-to-equity ratio of 1.24 as of fiscal year 2024, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Companhia Paranaense de Energia - COPEL's return on assets (ROA)?
Companhia Paranaense de Energia - COPEL (ELPC) had a return on assets of 4.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Companhia Paranaense de Energia - COPEL's P/E ratio?
Companhia Paranaense de Energia - COPEL (ELPC) trades at 17.7x earnings, its market capitalization divided by $452.7M net income, FY2024. The market capitalization is $8.0B as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Companhia Paranaense de Energia - COPEL's price-to-sales ratio?
Companhia Paranaense de Energia - COPEL (ELPC) trades at 2.2x sales, its market capitalization divided by $3.7B revenue, FY2024. The market capitalization is $8.0B as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Companhia Paranaense de Energia - COPEL's Piotroski F-Score?
Companhia Paranaense de Energia - COPEL (ELPC) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Companhia Paranaense de Energia - COPEL's earnings high quality?
Companhia Paranaense de Energia - COPEL (ELPC) has an earnings quality ratio of 1.21x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Companhia Paranaense de Energia - COPEL cover its interest payments?
Companhia Paranaense de Energia - COPEL (ELPC) reported an operating loss of $133.7M against $378.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Companhia Paranaense de Energia - COPEL?
Companhia Paranaense de Energia - COPEL (ELPC) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its utilities peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.