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EMBJ3 · B3 · Brazil · Máquinas, Equipamentos, Veículos e Peças
In shortEmbraer is profitable, generates cash and holds more cash than debt, with revenue growing (+18.2% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 8.0% | 43/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 4.7% | 39/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 10.3% | 51/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 6.4% | 42/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.50× | 58/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.75× | 69/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 0.91× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.00 | 23/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 4.3% | 37/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.92× | 77/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 11.9% | 67/100 |
| Operating margin volatility | 4.9% | 65/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 21.3% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
BRL millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 22,670 | 23,449 | 26,111 | 35,424 | 41,883 |
| Cost of revenue | 19,131 | 18,739 | 21,607 | 29,042 | 34,525 |
| Gross profit | 3,539 | 4,710 | 4,503 | 6,382 | 7,358 |
| Selling, general & admin | 2,050 | 2,370 | 2,592 | 2,746 | 3,077 |
| Operating income | 1,055 | (556) | 1,523 | 3,772 | 3,348 |
| Interest expense | 1,331 | 1,338 | 1,743 | 1,785 | 3,686 |
| Pre-tax income | 121 | (1,063) | 559 | 3,109 | 1,456 |
| Income tax | 389 | 15 | 225 | 1,185 | 536 |
| Net income | (275) | (954) | 784 | 1,919 | 1,953 |
| Diluted EPS | −BRL0.37 | −BRL1.30 | BRL1.07 | BRL2.61 | BRL2.67 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
2.00 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: CVM (dados.cvm.gov.br). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 6, 2026