AXIA Energia SA (AXICY) Key Metrics
AXICY key metrics, 2022–2025
Fiscal year ended December 31, 2025 · Brazilian reaisAXICY returns How much profit the business earns on the capital it uses.
AXICY financial health Debt, liquidity and how easily interest is covered.
AXICY efficiency & capital use Working capital cycle and where the cash goes.
AXICY returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
AXICY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
AXICY cash returned to shareholders
AXICY key metrics in Brazilian reais
2022–2025| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Returns & profitability | ||||
| Return on equity (ROE) | 5.5% | 8.9% | 4.1% | 3.3% |
| Return on invested capital (ROIC) | 6.5% | 6.5% | 5.7% | 3.3% |
| Return on assets (ROA) | 2.3% | 3.7% | 1.7% | 1.3% |
| Return on tangible assets | 3.2% | 4.9% | 2.4% | 1.9% |
| Free cash flow margin | 29.1% | 22.1% | 11.1% | −83.4% |
| Income quality (OCF / net income) | 2.21 | 1.19 | 1.81 | 1.43 |
| Financial health | ||||
| Total debt | R$61.09B | R$62.81B | R$48.57B | R$51.58B |
| Cash & short-term investments | R$16.42B | R$26.57B | R$13.05B | R$10.74B |
| Net debt | R$44.67B | R$36.24B | R$35.52B | R$40.84B |
| Debt / equity | 0.52 | 0.52 | 0.43 | 0.47 |
| Debt / assets | 0.22 | 0.22 | 0.18 | 0.19 |
| Net debt / EBITDA | 12.37 | 1.75 | 3.01 | 3.80 |
| Current ratio | 1.68 | 2.04 | 1.76 | 1.88 |
| Quick ratio | 1.67 | 2.02 | 1.75 | 1.86 |
| Interest coverage | 2.2 | 2.1 | 1.7 | 1.3 |
| Working capital | R$21.11B | R$32.82B | R$20.74B | R$23.18B |
| Invested capital | R$163.10B | R$158.10B | R$147.86B | R$151.35B |
| Tangible asset value | R$41.88B | R$43.83B | R$32.60B | R$30.96B |
| Net current asset value | −R$109.09B | −R$103.42B | −R$106.70B | −R$109.57B |
| Capital allocation | ||||
| Dividends paid | R$12.19B | R$1.31B | R$864.2M | R$1.49B |
| Share buybacks (net) | R$36.7M | R$115.1M | R$1.97B | R$0 |
| Dividend payout ratio | 185.8% | 12.6% | 19.0% | 41.0% |
| Dividends + buybacks / free cash flow | 101.8% | 16.1% | 68.8% | — |
| Capex / revenue | 6.1% | 8.8% | 11.1% | 98.7% |
| Capex / operating cash flow | 17.3% | 28.5% | 50.0% | 647.2% |
| Capex / depreciation | 0.55 | 0.88 | 1.14 | 12.50 |
| SG&A / revenue | 8.9% | 9.9% | 12.9% | 17.3% |
| Efficiency | ||||
| Days sales outstanding | 50.8 | 50.5 | 49.1 | 51.4 |
| Days of inventory on hand | 31.3 | 26.6 | 28.3 | 32.4 |
| Days payables outstanding | 241.8 | 175.6 | 214.1 | 265.7 |
| Cash conversion cycle (days) | -159.7 | -98.4 | -136.7 | -181.9 |
| Receivables turnover | 7.19 | 7.23 | 7.43 | 7.11 |
| Payables turnover | 1.51 | 2.08 | 1.70 | 1.37 |
| Inventory turnover | 11.66 | 13.70 | 12.91 | 11.26 |
| Asset turnover | 0.14 | 0.14 | 0.14 | 0.13 |
| Average receivables | R$5.74B | R$5.56B | R$5.00B | R$4.79B |
| Average payables | R$3.34B | R$2.86B | R$3.24B | R$3.52B |
| Average inventory | R$432.0M | R$434.1M | R$428.0M | R$429.3M |
| Intangibles / total assets | 27.4% | 27.0% | 29.9% | 29.6% |
Computed from AXICY's annual financial statements (latest annual report filed —) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Brazilian reais; data from EODHD. Averages use the opening and closing balance of each year.
AXICY valuation and financial ratios
AXIA Energia earned a return on equity of 5.5% and a return on invested capital of 6.5% in fiscal 2025. It ended the year with R$61.1 billion of debt and R$16.4 billion in cash and short-term investments, net debt of R$44.7 billion. It returned R$12.2 billion to shareholders: R$12.2 billion in dividends and R$36.7 million in share buybacks, 102% of free cash flow.
See the AXICY income statement, the AXICY chart for price history, or the AXICY stock overview for the latest quote and news.
AXICY key metrics FAQ
What is AXIA Energia's return on equity?
AXIA Energia's return on equity (ROE) was 5.5% in fiscal 2025: net income of R$6.6 billion on average shareholders' equity of R$120.1 billion.
What is AXIA Energia's ROIC?
AXIA Energia's return on invested capital was 6.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does AXIA Energia have?
AXIA Energia had total debt of R$61.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.52 and R$44.7 billion of net debt (12.37 times EBITDA).
Does AXIA Energia buy back its shares?
Yes. AXIA Energia spent R$36.7 million on net share repurchases in fiscal 2025.
What is AXIA Energia's current ratio?
AXIA Energia's current ratio was 1.68 at the end of fiscal 2025: current assets were 1.68 times current liabilities.