AXIA Energia SA (AXICY) AI Stock Analysis
AXICY AI stock analysis summary
AI ResearchAXIA Energia SA generates, transmits, distributes, and commercializes electricity across Brazil. Over the trailing twelve months, the company produced $44.57B in revenue with an operating margin of 40.3% and net EPS of $0.82. Free cash flow reached $12.00B in FY2025, supporting $12.19B in dividends paid despite total debt of $61.63B.
- Market cap
- $26.68B
- Revenue (TTM)
- $44.57B
- P/E
- 14.2x fwd 20.7x
- 1Y return
- — S&P 500 16.8%
- Avg. target
- —
Bull case
- Trailing twelve-month operating margin reached 40.3%, significantly exceeding the 22.6% median of US-listed Utilities peers.
- Free cash flow generation expanded from $4.11B in FY2023 to $12.00B in FY2025.
- Quarterly revenue grew 9.7% year-over-year as of June 30, 2026, outperforming the peer median growth rate of 4.2%.
Bear case
- Total debt reached $61.63B as of June 30, 2026, contributing to net debt of $50.59B.
- The forward P/E multiple of 20.7x stands at a premium to the US-listed Utilities peer median of 17.2x.
- Annual net income fell from $10.38B in FY2024 to $6.56B in FY2025, reflecting reduced net profitability.
What AXIA Energia does
AXIA Energia SA, through its subsidiaries, engages in the generation, transmission, distribution, and commercialization of electricity in Brazil. The company generates electricity through hydroelectric, wind farms, and solar power plants. It owns hydroelectric plants with a total capacity of 43,072.7 MW, 798.7 MW in wind power plants, and 67,030.74 km of transmission lines. Formerly known as Centrais Elétricas Brasileiras S.A. - Eletrobrás, AXIA Energia SA was incorporated in 1962 and is headquartered in Rio de Janeiro, Brazil.
Growth and profitability
Revenue increased from $34.07B in FY2022 to $41.28B in FY2025, representing a 3-year compound annual growth rate of 6.6%. Annual revenue growth slowed to 2.7% in FY2025 following 8.1% growth in FY2024 and 9.1% in FY2023. Gross margin strengthened to 87.8% in FY2025, up from 85.8% in FY2022, while operating margin expanded to 32.2%. Annual net income peaked at $10.38B in FY2024 before settling at $6.56B in FY2025 with a 15.9% net margin. For the trailing twelve months ended June 30, 2026, revenue stood at $44.57B with quarterly revenue growing 9.7% year-over-year.
Balance sheet and cash flow
As of June 30, 2026, AXIA Energia held $11.04B in cash and short-term investments alongside total debt of $61.63B, resulting in net debt of $50.59B. The balance sheet reflects a debt-to-equity ratio of 0.50, a current ratio of 2.05, and shareholders' equity of $122.24B against $277.26B in total assets. In FY2025, operating cash flow was $14.51B and capital expenditures were $2.51B, generating $12.00B in free cash flow. Capital returns in FY2025 included $12.19B in dividends paid and $36.7M in share buybacks.
Valuation and performance
AXIA Energia trades at a trailing price-to-earnings multiple of 14.2x and a forward multiple of 20.7x, compared to the median of its US-listed Utilities peers of 20.6x trailing and 17.2x forward. Its enterprise value stands at $34.23B, with an EV-to-EBITDA ratio of 16.5x versus the peer median of 12.1x, and a price-to-sales multiple of 0.6x versus 2.4x. At the last close of $11.64 on October 16, 2026, the stock is up 35.0% year-to-date and trades 10.0% above its 200-day average, carrying a beta of 0.22.
What analysts expect
For the fiscal year ending December 31, 2026, consensus estimates project revenue of $44.39B. For the following fiscal year, analysts estimate revenue will reach $52.06B, implying expected annual revenue growth of 17.3%. Trailing twelve-month diluted earnings per share stand at $0.82.
Key risks and what to watch
- Carrying $61.63B in total debt requires sustained cash generation to cover obligations and balance sheet liabilities.
- Annual top-line growth decelerated to 2.7% in FY2025 from 8.1% in FY2024, showing potential volatility in core revenue expansion.
- The company's EV-to-EBITDA ratio of 16.5x exceeds the peer median of 12.1x, elevating valuation risk.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this AXICY AI stock analysis
This page is an AI-written research summary of AXIA Energia SA (AXICY). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: AXICY income statement, AXICY balance sheet, AXICY key metrics, AXICY analyst forecast, AXICY chart. See the AXICY stock overview for the latest quote and news.
AXICY AI stock analysis FAQ
What is AXIA Energia's current revenue growth trend?
AXIA Energia generated $41.28B in revenue for FY2025, representing 2.7% growth. Over the trailing twelve months ended June 30, 2026, revenue stood at $44.57B, supported by a 9.7% year-over-year quarterly increase.
How leveraged is AXIA Energia?
As of June 30, 2026, AXIA Energia held $61.63B in total debt and $11.04B in cash and short-term investments, resulting in net debt of $50.59B. The company maintains a debt-to-equity ratio of 0.50 and a current ratio of 2.05.
How does AXIA Energia's valuation compare to utilities peers?
AXIA Energia trades at a trailing P/E of 14.2x and an EV-to-EBITDA of 16.5x. By comparison, the median of its US-listed Utilities peers stands at 20.6x trailing P/E and 12.1x EV-to-EBITDA.
What are analysts forecasting for AXIA Energia's revenue?
Analysts estimate full-year revenue of $44.39B for the fiscal year ending December 31, 2026. For the next fiscal year, projected revenue is $52.06B, representing expected growth of 17.3%.