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Brazil

The 31 companies from this country listed on the NYSE and Nasdaq are worth $654 bn combined; the largest are Petrobras (PBR), Itau Unibanco (ITUB) and Nu Holdings (NU). For each one: the industry, what it does, revenue, margin, free cash flow over the last five years and a score from 0 to 10.

Data as of October 2026

31 companies 22 industries value 654 bn revenue 472 bn
Rank Ticker Company Value Revenue Margin FCF 5 years FCF/px Yield What it does · why it is here
1 PBR Petrobras 165 bn 104 bn 24.6% 41 bn 24.7% 3.5% Oil, gas and refining in Brazil, including the pre-salt · One of the world's largest oil producers; the global leader in deepwater (pre-salt)
2 ITUB Itau Unibanco
International banks · score 4.3
104 bn 33 bn 27.3% -2.5 bn -2.4% — Retail and wholesale banking and wealth management in Brazil and Latin America · Latin America's largest private bank; ~20% return on equity
3 NU Nu Holdings
Digital banks · score 5.6
71 bn 16 bn 18.2% 3.5 bn 5.0% — Digital bank in Brazil, Mexico and Colombia · World's largest digital bank by customers (~100 million)
4 VALE Vale S.A.
Diversified mining · score 5.1
56 bn 41 bn 4.4% — — — 10.6% Iron ore, nickel and copper mining in Brazil · World's largest producer of high-grade iron ore and of nickel
5 ABEV Ambev
Alcoholic beverages · score 6.9
51 bn 18 bn 18.1% 4.0 bn 7.7% — Beer, soft drinks and beverages in Latin America · Latin America's largest brewer, controlled by AB InBev
6 BBD Banco Bradesco
International banks · score 5.3
44 bn 15 bn 32.7% -13 bn -30.5% 5.3% Retail banking, insurance and pensions in Brazil · One of Brazil's largest private banks, in restructuring
7 SBS Companhia de Saneamento Básico de SP (Sabesp)
Water utilities · score 6.9
22 bn 7.6 bn 22.2% 1.6 bn 7.5% 2.1% Water utilities and water supply in São Paulo · Largest water and sanitation company in the Americas, recently privatized
8 BSBR Banco Santander (Brasil) S.A.
International banks · score 6.5
21 bn 15 bn 17.3% 1.0 bn 4.7% — Retail and wholesale bank in Brazil, part of the Santander group · Brazil — assets of $253bn
9 VIV TELEFONICA BRASIL S.A. 20 bn 12 bn 10.4% 2.2 bn 11.1% 2.2% Mobile and fiber in Brazil, under the Vivo brand · Brazil — revenue of $11.9bn
10 JBS JBS N.V.
Animal protein · score 5.8
14 bn 91 bn 1.3% 0.5 bn 3.4% 7.5% Beef, poultry and pork at global scale · World's largest animal protein processor; primary listing on the NYSE since 2025
11 EMBJ EMBRAER S.A. 13 bn 7.6 bn 4.7% 0.7 bn 5.2% 0.1% Commercial, business and military aircraft, from Brazil · Brazil — revenue of $7.6bn
12 SUZ Suzano
Pulp and paper · score 6.2
11 bn 9.5 bn 17.1% 2.6 bn 23.9% 0.0% World's largest producer of eucalyptus pulp · World's largest eucalyptus pulp producer and the lowest-cost on the planet
13 ELPC ENERGY CO OF PARANA 10 bn 5.2 bn 10.3% 0.6 bn 5.8% — Power generation, transmission and distribution in Paraná · Brazil — revenue of $5.2bn
14 GGB GERDAU S.A.
Steel · score 5.3
10 bn 14 bn 2.0% 0.3 bn 2.6% 2.5% Long steel in Brazil and the Americas, since 1961 · Brazil — revenue of $13.9bn
15 TIMB TIM S.A. 8.9 bn 5.3 bn 16.2% 1.8 bn 19.8% 11.9% Mobile telephony in Brazil, the TIM brand · Brazil — revenue of $5.3bn
16 UGP ULTRAPAR HOLDINGS INC
Fuel distribution · score 7.4
8.3 bn 28 bn 1.8% 1.1 bn 13.1% 5.2% Ipiranga fuel distribution and Ultragaz gas · Brazil — revenue of $28.3bn
17 CIG Cemig 6.5 bn 8.5 bn 11.5% 0.7 bn 10.3% — Power generation, transmission and distribution in Minas Gerais · Power generation, transmission and distribution in Minas Gerais
18 PAGS PagSeguro Digital 3.4 bn 4.1 bn 10.4% 1.3 bn 38.2% 3.6% Payments and digital banking for small businesses in Brazil · Merchant acquiring and digital banking for small Brazilian merchants
19 INTR Inter & Co
Digital banks · score 6.5
3.0 bn 1.7 bn 16.6% 1.5 bn 49.9% 1.6% Brazilian digital bank with accounts, credit and investing · Brazilian digital bank with a super app and US operations
20 STNE StoneCo 2.9 bn 2.8 bn 16.5% -0.0 bn -0.2% 0.1% Payments, software and banking for merchants in Brazil · One of the leaders in merchant acquiring and financial services for small businesses in Brazil
21 PICS PicS N.V.
Digital banks · score 4.7
1.8 bn 2.7 bn 10.1% -0.1 bn -6.9% — Digital wallet and app-based bank in Brazil (PicPay) · Brazil — assets of $10.4bn
22 SID NATIONAL STEEL CO
Steel · score 0.1
1.5 bn 8.9 bn -3.4% -1.4 bn -91.8% 9.2% Steel, iron ore mining and cement in Brazil · Brazil — revenue of $8.9bn
23 AFYA Afya Ltd
Private education · score 7.5
1.5 bn 0.7 bn 20.8% 0.3 bn 18.6% 2.0% Medical schools and medical education in Brazil · Brazil — revenue of $736m
24 AGBK AGI Inc
International banks · score 5.5
1.1 bn 0.9 bn 23.5% -0.1 bn -8.1% 3.1% Bank focused on payroll loans to social security retirees and workers (Agibank), with stores and an app in Brazil · Brazil — assets of $9.5bn
25 BAK BRASKEM SA
Commodity chemicals · score 0.0
0.7 bn 14 bn -15.5% -1.4 bn -214.5% 0.2% Largest plastics producer in the Americas · Brazil — revenue of $14.1bn
26 VINP Vinci Compass Investments Ltd. 0.7 bn 0.2 bn 22.4% 0.1 bn 6.5% 5.8% Alternative asset management in Brazil and Latin America · Brazil — revenue of $195m
27 BRBI BRBI BR Partners S.A. 0.7 bn 0.1 bn 32.9% -0.1 bn -11.9% 5.5% Investment bank in Brazil: M&A, capital markets and treasury · Brazil — assets of $3.5bn
28 CINT CI&T Inc 0.4 bn 0.5 bn 8.3% 0.1 bn 15.5% — Software development and digital services, from Brazil, since 1995 · Brazil — revenue of $490m
29 LND BrasilAgro - Brazilian Agricultural Real Estate Co 0.4 bn 0.2 bn 15.7% 0.0 bn 3.8% 8.2% Soybean, corn, sugarcane and cattle farms in Brazil, Paraguay and Bolivia, developed for resale · Brazil — revenue of $175m
30 ATCX ATLAS CRITICAL MINERALS Corp 0.0 bn 0.0 bn -73x -0.0 bn -45.0% — Critical minerals and rare earths in Brazil · Brazil
31 AZUL AZUL SA
Airlines · score 1.4
— 4.3 bn 0.6% -0.3 bn — — Passenger and cargo air transport in Brazil, a loyalty program and travel packages · Brazil — revenue of $4.3bn

By sector

Sector Companies Value Revenue Largest
Financials 11 253 bn 91 bn ITUB, NU, BBD
Materials 6 79 bn 88 bn VALE, SUZ, GGB
Consumer Staples 3 65 bn 109 bn ABEV, JBS, LND
Utilities 3 39 bn 21 bn SBS, ELPC, CIG
Energy 2 173 bn 133 bn PBR, UGP
Communication Services 2 29 bn 17 bn VIV, TIMB
Industrials 2 13 bn 12 bn EMBJ, AZUL
Consumer Discretionary 1 1.5 bn 0.7 bn AFYA
Information Technology 1 0.4 bn 0.5 bn CINT

Companies by country

What this is. A catalogue, not a guide. Every industry with stocks listed on the NYSE or NASDAQ, the companies contending for its leadership, what each one does according to its own annual report, and the balance sheet it filed with the SEC.

The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.

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