Monday 2 November 2026
Export BAK’s income statement to Excel — free account
Braskem S.A.
Braskem S.A.’s revenue for fiscal 2025 (year ended December 2025) was $12.7 billion, down 11.8% from fiscal 2024.
- Revenue
- +36.5%
- EPS
- +1,278.6%
- Free cash flow
- +611.1%
- Total debt
- −99.9%
Quarter to June 2026, against a year earlier
1.17
0.01
+0.86%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 13,665 | 15,428 | 15,869 | 13,259 | 11,357 | 19,572 | 18,696 | 14,135 | 14,352 | 12,665 | 13,435 | (0.8%) | — | — | — | — | |
| Gross margin, % | 26.69 | 26.56 | 19.95 | 12.32 | 19.15 | 30.35 | 11.77 | 4.28 | 7.75 | 2.20 | 1.49 | (24.5) pt | ||||||
| EBT | (40) | 1,649 | 986 | (1,166) | (1,879) | 3,328 | 9 | (1,240) | (3,288) | (510) | (374) | +32.6% | ||||||
| EBT margin, % | (0.29) | 10.69 | 6.22 | (8.80) | (16.54) | 17.00 | 0.05 | (8.77) | (22.91) | (4.02) | (2.79) | (3.7) pt | ||||||
| Net income | (28) | 1,649 | 986 | (1,166) | (1,879) | 3,328 | 9 | (1,240) | (3,288) | (510) | 279 | +37.8% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 34.36 | 38.76 | 39.87 | 33.31 | 28.54 | 49.16 | 46.95 | 35.47 | 36.01 | 31.77 | 0.00 | (0.9%) | |||||
| Earnings | (0.30) | 3.21 | 1.97 | (1.71) | (3.26) | 6.51 | (0.16) | (2.30) | (5.27) | (4.44) | (2.43) | +35.1% | ||||||
| Cash flow | 3.42 | 1.94 | 6.36 | 1.44 | 3.07 | 6.88 | 4.35 | (1.14) | 1.13 | (1.89) | 0.00 | n/m | ||||||
| Capex | (2.07) | (1.76) | (1.80) | (1.70) | (1.33) | (1.57) | (2.36) | (2.24) | (1.72) | (1.41) | 0.00 | (4.2%) | ||||||
| Free cash flow | 1.35 | 0.18 | 4.56 | (0.26) | 1.74 | 5.31 | 2.00 | (3.38) | (0.59) | (3.29) | 0.00 | n/m | ||||||
| Book value | 1.24 | 4.31 | 3.89 | 2.51 | (1.88) | 2.89 | 2.97 | 1.65 | (1.99) | (7.41) | 0.00 | n/m | ||||||
| Shares, m | 398 | 398 | 398 | 398 | 398 | 398 | 398 | 398 | 399 | 399 | 399 | 0.0% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 8.30 | 11.87 | 0.00 | 0.00 | 3.25 | 17.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.0 | |||||
| P/S | 0.36 | 0.70 | 0.61 | 0.44 | 0.32 | 0.43 | 0.08 | 0.24 | 0.11 | 0.09 | 0.03 | 0.3 | ||||||
| P/B | 10.10 | 6.33 | 6.29 | 5.89 | 0.00 | 7.30 | 1.03 | 5.21 | 0.00 | 0.00 | 0.00 | 4.2 | ||||||
| EV/Sales | 0.72 | 1.29 | 1.13 | 1.08 | 0.99 | 0.80 | 0.47 | 0.76 | 0.79 | 0.87 | 0.04 | 0.9 | ||||||
| EV/FCF | 18.40 | 321.54 | 9.79 | (162.69) | 15.98 | 7.97 | 9.00 | (8.08) | (51.11) | (8.50) | (0.79) | 15.2 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 1,361 | 771 | 2,531 | 574 | 1,221 | 2,740 | 1,734 | (455) | 451 | (752) | (291) | n/m | |||||
| Capex | (824) | (700) | (714) | (677) | (529) | (626) | (939) | (893) | (687) | (561) | (324) | (4.2%) | ||||||
| Free cash flow | 537 | 71 | 1,816 | (103) | 692 | 2,113 | 795 | (1,348) | (235) | (1,313) | (616) | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (1,944) | (359) | (474) | 1,818 | 1,126 | 2,613 | 1,990 | 2,593 | 1,625 | (1,750) | (2) | (1.2%) | |||||
| Net debt | 4,888 | 9,096 | 8,194 | 8,406 | 7,707 | 7,198 | 6,715 | 7,350 | 9,747 | 9,844 | 11 | +8.1% | ||||||
| Shareholders’ equity | 493 | 1,714 | 1,547 | 1,000 | (750) | 1,150 | 1,183 | 657 | (793) | (2,956) | (2,590) | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (0.71) | 7.72 | 4.75 | (3.86) | (7.64) | 15.31 | (0.38) | (5.18) | (11.28) | (10.57) | (5.71) | (9.9) pt | |||||
| ROIC | 19.81 | 16.67 | 14.54 | 0.26 | (0.13) | 36.13 | 6.55 | (4.37) | (1.40) | (2.94) | 0.00 | (22.7) pt | ||||||
| ROE | (26.17) | 109.69 | 47.45 | (50.57) | (1,040.70) | 1,297.44 | (5.57) | (99.70) | 3,078.28 | 94.41 | 314.45 | +120.6 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 7,657 | 7,713 | 8,008 | 7,940 | 7,993 | 8,312 | 8,668 | 366 | 8,382 | 8,233 | — | +0.8% | |||||
| Revenue/emp, $m | 1.78 | 2.00 | 1.98 | 1.67 | 1.42 | 2.35 | 2.16 | 38.62 | 1.71 | 1.54 | — | (1.6%) | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Braskem S.A. vs peers in Chemicals (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| GPRE Green Plains, Inc. | $988.3M | 7.9× | 6.6× | −19.28% (below 0%: shrinking) | n/m | +57.21% (above 0%: growing) | 25.33% | 15.21% | Compare |
| LXU Lsb Industries Inc. | $829.5M | 23.0× | 16.9× | +11.10% (above 0%: growing) | −325.00% (below 0%: shrinking) | +9,653.02% (above 0%: growing) | 6.82% | (1.63%) | Compare |
| WLKP Westlake Chemical Partners LP | $749.3M | 13.0× | 14.2× | −0.01% (below 0%: shrinking) | −2.44% (below 0%: shrinking) | +866.65% (above 0%: growing) | 31.91% | 29.39% | Compare |
| TROX Tronox Holdings PLC | $574.9M | — (loss-making) | — (loss-making) | +18.74% (above 0%: growing) | n/m | +241.51% (above 0%: growing) | 6.34% | (2.42%) | Compare |
| RYAM Rayonier Advanced Materials Inc. | $447.1M | — (loss-making) | — (loss-making) | +10.61% (above 0%: growing) | n/m | +69.92% (above 0%: growing) | 6.10% | (1.69%) | Compare |
| ASIX AdvanSix | $414.7M | — (loss-making) | — (loss-making) | +2.75% (above 0%: growing) | −89.74% (below 0%: shrinking) | −49.21% (below 0%: shrinking) | 7.38% | 2.15% | Compare |
| VHI Valhi, Inc. | $399.6M | — (loss-making) | 7.0× | +16.14% (above 0%: growing) | +2,500.00% (above 0%: growing) | +435.16% (above 0%: growing) | 22.56% | 9.88% | Compare |
| BAK Braskem S.A. | $200.1M | — (loss-making) | — | +36.50% (above 0%: growing) | n/m | +611.13% (above 0%: growing) | 0.00% | 0.00% | |
| NPT Texxon Holding Limited | $39.9M | — | — | — | — | −188.72% (below 0%: shrinking) | — | — | Compare |
| Median of peers | $511.0M | 13.0× | 10.6× | +10.61% | −46.09% | +155.72% | 7.38% | 2.15% |