Financial Characterization — South American Listed Companies
Aggregated KPIs and country/sector breakdown for 1,036 companies across 11 countries. Data from regulatory sources (CVM, SVS, SBS, Superfinanciera, EMIS). Values in millions USD.
Key Performance Indicators
Total Companies
1,036
11 countries
Operating Revenue
$1.52T
USD MM aggregate
Total Assets
$5.08T
USD MM aggregate
Average ROA
2.97%
Across all companies
Total Employees
4.78M
Reported headcount
Total Debt
$838B
Total Liabilities
$3.92T
Total Equity
$1.16T
Net Income
$153.7B
% Profitable
75.2%
Debt Ratio (avg)
0.77
Leverage Ratio (avg)
0.72
Rev./Employee (avg)
$0.32M
Net Margin (avg)
10.09%
Profitable Cos.
779
Analysis by Country
| Country | # Cos. | Revenue (MM) | Assets (MM) | Debt (MM) | ROA % | ROE % | Revenue Share |
|---|---|---|---|---|---|---|---|
| 🇧🇷Brasil | 373 | 924,831 | 2,880,218 | 490,806 | 1.78 | −314.07 | |
| 🇨🇱Chile | 160 | 248,938 | 755,790 | 138,192 | 4.85 | 6.78 | |
| 🇦🇷Argentina | 82 | 100,285 | 213,553 | 43,888 | 4.02 | −14.91 | |
| 🇨🇴Colombia | 56 | 83,167 | 446,675 | 81,676 | 3.41 | 6.37 | |
| 🇵🇪Perú | 149 | 68,367 | 284,014 | 21,721 | 4.43 | 8.96 | |
| 🇻🇪Venezuela | 14 | 63,722 | 329,278 | 54,772 | 1.51 | −1.79 | |
| 🇪🇨Ecuador | 78 | 15,873 | 84,179 | 2,821 | 2.91 | 7.23 | |
| 🇧🇴Bolivia | 67 | 8,037 | 58,060 | 2,809 | 1.48 | 4.19 | |
| 🇵🇾Paraguay | 49 | 3,735 | 24,985 | 835 | 2.63 | 6.33 | |
| 🇺🇾Uruguay | 7 | 5,497 | 4,535 | 842 | −2.62 | 0.30 | |
| 🇸🇷Surinam | 1 | 90 | 835 | 0 | 1.90 | 26.33 | |
| Total | 1,036 | 1,522,543 | 5,082,123 | 838,362 | 2.97 | — |
Analysis by Sector
| Sector | Revenue (MM) | ROA % | ROE % | Revenue Share |
|---|---|---|---|---|
| Agribusiness | 317,305 | 1.71 | −66.67 | |
| Consumer Goods & Services | 268,979 | 4.21 | 21.40 | |
| Energy & Utilities | 207,658 | 3.98 | 12.17 | |
| Banking & Insurance | 181,701 | 4.40 | 12.68 | |
| TMT (Telecom/Media/Tech) | 112,672 | 2.74 | −1,366.28 | |
| Services | 103,645 | 3.45 | 12.76 | |
| Wholesale | 101,247 | 3.16 | 6.64 | |
| Metals & Mining | 69,911 | 1.26 | 6.62 | |
| Transport & Logistics | 40,366 | −4.42 | 8.33 | |
| Real Estate & Construction | 38,877 | 4.69 | −8.53 | |
| Food & Beverage Production | 37,958 | 5.76 | 13.09 | |
| Chemicals & Materials | 18,320 | −2.55 | −24.93 | |
| Healthcare & Pharma | 10,977 | 4.07 | 6.38 | |
| Industrial Manufacturing | 7,274 | 1.98 | −30.96 | |
| Tourism & Leisure | 2,982 | −0.48 | −13.06 | |
| Aerospace & Defense | 1,917 | 9.26 | 19.34 | |
| Automotive | 464 | −3.39 | 18.85 | |
| Public Administration | 291 | 0.89 | 2.56 |
Top 10 Companies by Operating Revenue
| # | Company | Revenue (MM) | ROA % | ROE % |
|---|---|---|---|---|
| 1 | Petróleo Brasileiro S.A. (Petrobras) | 90,573 | 3.29 | 10.07 |
| 2 | JBS S.A. | 77,576 | 4.25 | 21.25 |
| 3 | Raizen S.A. | 44,955 | 0.48 | 2.78 |
| 4 | Vale S.A. | 37,993 | 6.13 | 14.24 |
| 5 | Vibra Energia S.A. | 32,034 | 12.99 | 31.23 |
| 6 | Antarchile S.A. | 29,784 | 1.42 | 3.15 |
| 7 | Empresas Copec S.A. | 29,784 | 1.37 | 3.03 |
| 8 | Petróleos de Venezuela (PDVSA) | 28,811 | 0.07 | 0.16 |
| 9 | Marfrig Global Foods S.A. | 27,609 | 2.82 | 19.46 |
| 10 | Ecopetrol S.A. | 25,860 | 6.61 | 17.84 |
Alerts & Signals
Brazil ROE extremely negative
Brazil reports average ROE of −314.07%, driven by TMT sector (−1,556%). Outliers in judicial restructuring distort the mean.
TMT Sector — anomalous ROE
Telecom/Media/Tech presents ROE of −1,366%, likely driven by atypical losses in a few large firms.
Uruguay with negative ROA
Uruguay shows ROA of −2.62%, the only country with negative average return on assets. Sample size (n=7) limits reliability.
Transport & Logistics — negative ROA
ROA −4.42%. Possible post-pandemic effect or sector over-leverage (Azul S.A. in judicial restructuring).
Chile leads in profitability
Chile shows the highest average ROA (4.85%) with positive ROE (6.78%). Solid asset management across sectors.
Aerospace — highest sectoral ROE
Aerospace & Defense achieves ROE 19.34% with ROA 9.26%. Exceptional efficiency, though single-company sample.
Brazil concentrates 68.2% of revenue
Brazil dominates with USD 924,831 MM in operating revenue. High market concentration across the region.
Surinam: minimal sample
Only 1 company from Surinam (ROA 1.9%, ROE 26.3%). Not representative of the country.
Source: EMIS — CVM, WVB | Values in millions USD | Most recent fiscal year available | Dashboard BI — Financial Characterization, South America