Embraer S.A. (ERJ) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 6.85B | 6.52B | 6.26B | 6.51B | 6.48B | 5.82B | 5.86B | 6.06B | 5.86B | 6.21B | 6.03B | 5.76B | 5.58B | 5.37B | 5.54B | 5.88B | 6.02B | 5.93B | 5.9B | 6.12B |
| Cash & Short-Term Investments | 1.76B | 1.26B | 1.36B | 2.2B | 1.47B | 1.21B | 1.48B | 2.15B | 1.57B | 2.12B | 2.03B | 2.31B | 1.69B | 1.8B | 1.93B | 2.57B | 2.45B | 2.44B | 2.41B | 2.7B |
| Cash Only | 1.06B | 653.9M | 813M | 1.56B | 831.4M | 721.1M | 919.7M | 1.63B | 1.02B | 1.35B | 1.16B | 1.82B | 1.31B | 1.04B | 1.13B | 1.82B | 1.6B | 1.35B | 1.12B | 1.88B |
| Short-Term Investments | 697.43M | 603.49M | 544.8M | 639.7M | 643.5M | 491.3M | 555.5M | 521.7M | 547.97M | 765.58M | 874M | 494.4M | 382.6M | 753.8M | 802.9M | 750.8M | 855.3M | 1.09B | 1.29B | 817.5M |
| Accounts Receivable | 1.18B | 1.45B | 1.12B | 1.1B | 1.15B | 1.08B | 979.3M | 1.01B | 1.07B | 1.03B | 927.5M | 864.6M | 1B | 968.1M | 927.3M | 895.4M | 958M | 975.8M | 826.9M | 787.8M |
| Days Sales Outstanding | 59.41 | 64.39 | 90.35 | 44.73 | 60.58 | 62.68 | 100.83 | 48.28 | 75.22 | 69.09 | 112.52 | 43.17 | 97.67 | 84.64 | 136.5 | 65.52 | 92.84 | 72.55 | 90.01 | 39.72 |
| Inventory | 3.63B | 3.58B | 3.49B | 2.9B | 3.3B | 3.25B | 3.11B | 2.61B | 3.03B | 2.88B | 2.77B | 2.3B | 2.68B | 2.39B | 2.22B | 1.96B | 2.31B | 2.31B | 2.48B | 2.39B |
| Days Inventory Outstanding | 196.7 | 220.25 | 314.36 | 151.55 | 218.68 | 230.76 | 357.89 | 158.7 | 258.62 | 240.5 | 378.16 | 142.04 | 310.39 | 267.33 | 391.52 | 177.27 | 273.72 | 236.08 | 300.05 | 159.92 |
| Other Current Assets | 208.76M | 172.7M | 300.2M | 275.9M | 515.9M | 149.58M | 167.52M | 207.04M | 130.6M | 131.4M | 263.8M | 251.7M | 210.8M | 211.8M | 453.8M | 425.3M | 304.7M | 194.3M | 181M | 189.4M |
| Total Non-Current Assets | 5.68B | 5.56B | 5.43B | 5.31B | 5.19B | 5.05B | 4.9B | 4.73B | 4.48B | 4.48B | 4.43B | 4.39B | 4.35B | 4.33B | 4.33B | 4.28B | 4.36B | 4.41B | 4.41B | 4.4B |
| Property, Plant & Equipment | 2.19B | 2.18B | 2.1B | 2.05B | 2.01B | 1.94B | 1.87B | 1.86B | 1.77B | 1.74B | 1.73B | 1.71B | 1.71B | 1.71B | 1.74B | 1.75B | 1.96B | 1.97B | 1.99B | 2.02B |
| Fixed Asset Turnover | 0.93x | 0.85x | 0.53x | 1.14x | 0.86x | 0.78x | 0.48x | 1.09x | 0.73x | 0.74x | 0.42x | 1.16x | 0.54x | 0.59x | 0.35x | 0.70x | 0.49x | 0.57x | 0.40x | 0.91x |
| Goodwill | 21.79M | 21.37M | 20.49M | 19.19M | 21.4M | 21.04M | 23.06M | 23.8M | 22.94M | 23.81M | 22.8M | 22.3M | 21.58M | 22.68M | 24.68M | 21.4M | 22.81M | 24.55M | 0 | 21.7M |
| Intangible Assets | 2.64B | 2.59B | 2.53B | 2.48B | 2.45B | 2.41B | 2.35B | 2.31B | 40.42M | 45.44M | 2.24B | 2.22B | 2.22B | 2.21B | 2.2B | 2.19B | 2.09B | 2.07B | 826.9M | 2.05B |
| Long-Term Investments | 461.04M | 414.81M | 408.8M | 392M | 342.5M | 341.1M | 336.4M | 257.49M | 228.95M | 259.45M | 181.2M | 182.3M | 180.9M | 179.2M | 176.8M | 70M | 58.2M | 53.4M | 57.1M | 56.9M |
| Other Non-Current Assets | 223.15M | 183.92M | 206.8M | 197M | 238.4M | 202.7M | 189.1M | 140.85M | 2.37B | 2.36B | 208.1M | 194.3M | 200.5M | 185.1M | 169.5M | 150.4M | 149M | 192.1M | 150.5M | 144.9M |
| Total Assets | 12.53B | 12.07B | 11.7B | 11.82B | 11.67B | 10.88B | 10.77B | 10.78B | 10.34B | 10.69B | 10.46B | 10.14B | 9.93B | 9.7B | 9.87B | 10.15B | 10.38B | 10.34B | 10.31B | 10.52B |
| Asset Turnover | 0.17x | 0.15x | 0.09x | 0.20x | 0.15x | 0.14x | 0.08x | 0.19x | 0.12x | 0.12x | 0.07x | 0.20x | 0.09x | 0.10x | 0.06x | 0.13x | 0.09x | 0.11x | 0.08x | 0.17x |
| Asset Growth % | 7.36% | 10.99% | 8.57% | 9.66% | 12.85% | 1.75% | 3.02% | 6.31% | 4.13% | 10.21% | 5.97% | -0.13% | -4.34% | -6.21% | -4.27% | -3.43% | -4.34% | 0.15% | -5.05% | -0.53% |
| Total Current Liabilities | 4.78B | 4.91B | 4.74B | 4.42B | 4.16B | 3.88B | 3.87B | 3.67B | 3.55B | 4.09B | 3.44B | 3.22B | 3.15B | 2.64B | 2.76B | 2.83B | 2.95B | 2.86B | 2.41B | 2.43B |
| Accounts Payable | 1.24B | 1.22B | 1.19B | 1.01B | 1.21B | 1.09B | 960.68M | 824.6M | 919.12M | 848.65M | 843.9M | 767M | 788M | 739.7M | 576.8M | 510M | 555.3M | 517.4M | 540.3M | 502.3M |
| Days Payables Outstanding | 67.15 | 75.09 | 108.36 | 54.21 | 76.7 | 74.36 | 111.6 | 49.04 | 77.35 | 72.04 | 120.22 | 44.41 | 93.5 | 76.25 | 101.85 | 44.33 | 63.56 | 52.04 | 64.19 | 33.52 |
| Short-Term Debt | 119.93M | 142.78M | 91.5M | 113.8M | 101.5M | 126.5M | 96.5M | 127.1M | 122.96M | 862.82M | 301M | 308.5M | 280.2M | 70.2M | 326.8M | 574.2M | 783.8M | 812.8M | 361.4M | 375.5M |
| Deferred Revenue (Current) | 2.61B | 2.76B | 2.7B | 2.58B | 2.14B | 1.93B | 2B | 1.92B | 1.78B | 1.66B | 1.58B | 1.47B | 1.41B | 1.32B | 1.3B | 1.21B | 1.04B | 994.2M | 1.02B | 1.03B |
| Other Current Liabilities | 701.95M | 619.98M | 129.1M | 162.1M | 128.9M | 144.5M | 155.4M | 200.4M | 736.53M | 721.69M | 185.8M | 183.9M | 219.4M | 122.8M | 164.4M | 156.9M | 151M | 154.5M | 136.3M | 142.3M |
| Current Ratio | 1.43x | 1.33x | 1.32x | 1.47x | 1.56x | 1.50x | 1.51x | 1.65x | 1.65x | 1.52x | 1.75x | 1.79x | 1.77x | 2.03x | 2.01x | 2.08x | 2.04x | 2.08x | 2.45x | 2.52x |
| Quick Ratio | 0.67x | 0.60x | 0.59x | 0.82x | 0.76x | 0.66x | 0.71x | 0.94x | 0.80x | 0.81x | 0.94x | 1.08x | 0.92x | 1.13x | 1.20x | 1.39x | 1.26x | 1.27x | 1.42x | 1.53x |
| Cash Conversion Cycle | 188.97 | 209.55 | 296.36 | 142.07 | 202.56 | 219.07 | 347.12 | 157.94 | 256.49 | 237.55 | 370.47 | 140.8 | 314.56 | 275.72 | 426.18 | 198.46 | 303.01 | 256.59 | 325.86 | 166.12 |
| Total Non-Current Liabilities | 3.8B | 3.55B | 3.49B | 4.06B | 4.1B | 3.88B | 3.86B | 4.08B | 4.01B | 3.85B | 4.24B | 4.1B | 4.07B | 4.19B | 4.36B | 4.55B | 4.62B | 4.6B | 5.1B | 5.18B |
| Long-Term Debt | 2.17B | 2.08B | 1.95B | 2.38B | 2.54B | 2.53B | 2.53B | 2.76B | 2.73B | 2.62B | 3.04B | 2.89B | 2.85B | 3.09B | 3.23B | 3.45B | 3.52B | 3.53B | 4.02B | 4.07B |
| Capital Lease Obligations | 95.31M | 98.02M | 97.9M | 92.6M | 94.7M | 82.3M | 79.2M | 82.2M | 65.56M | 61.68M | 59.1M | 59M | 53.4M | 52.6M | 49M | 52.3M | 52.9M | 48.2M | 50.6M | 53.3M |
| Deferred Tax Liabilities | 230.06M | 284.99M | 327.2M | 450.3M | 330.7M | 275.8M | 283.5M | 304.7M | 310.47M | 328.34M | 328.7M | 370.6M | 309.1M | 334.4M | 376.1M | 505.8M | 428.6M | 444.8M | 488.7M | 474.7M |
| Other Non-Current Liabilities | 581.55M | 493.84M | 464.1M | 409.2M | 388.8M | 297.7M | 281.5M | 291.8M | 288.08M | 303.67M | 268.1M | 258.6M | 259.3M | 200.6M | 208.7M | 194M | 224.7M | 240.5M | 236.8M | 259.6M |
| Total Liabilities | 8.59B | 8.46B | 8.23B | 8.48B | 8.26B | 7.76B | 7.73B | 7.74B | 7.57B | 7.94B | 7.69B | 7.32B | 7.22B | 6.83B | 7.11B | 7.38B | 7.57B | 7.46B | 7.51B | 7.61B |
| Total Debt | 2.39B | 2.32B | 2.17B | 2.6B | 2.76B | 2.76B | 2.72B | 2.98B | 2.92B | 3.55B | 3.41B | 3.27B | 3.2B | 3.23B | 3.62B | 4.09B | 4.37B | 4.4B | 4.44B | 4.51B |
| Net Debt | 1.32B | 1.67B | 1.35B | 1.04B | 1.93B | 2.04B | 1.8B | 1.35B | 1.9B | 2.19B | 2.25B | 1.46B | 1.89B | 2.19B | 2.49B | 2.27B | 2.77B | 3.05B | 3.32B | 2.63B |
| Debt / Equity | 0.61x | 0.65x | 0.62x | 0.78x | 0.81x | 0.89x | 0.89x | 0.98x | 1.05x | 1.29x | 1.23x | 1.16x | 1.18x | 1.12x | 1.31x | 1.47x | 1.56x | 1.53x | 1.59x | 1.55x |
| Debt / EBITDA | 10.13x | 10.32x | 21.27x | 7.87x | 7.82x | 14.83x | 68.14x | 10.17x | 20.76x | 27.57x | - | 13.86x | 57.60x | 28.18x | 573.94x | 35.42x | 59.07x | 21.81x | 258.15x | 25.63x |
| Net Debt / EBITDA | 5.62x | 7.42x | 13.28x | 3.14x | 5.46x | 10.95x | 45.09x | 4.62x | 13.49x | 17.06x | - | 6.17x | 34.09x | 19.09x | 394.60x | 19.67x | 37.49x | 15.11x | 192.84x | 14.93x |
| Interest Coverage | 3.40x | 1.94x | 0.85x | 4.77x | 2.97x | 2.42x | 1.40x | 3.70x | 1.98x | 0.99x | -0.30x | 2.24x | 0.45x | 1.64x | -0.26x | 9.18x | 0.52x | 2.19x | -0.45x | 1.61x |
| Total Equity | 3.94B | 3.59B | 3.47B | 3.34B | 3.42B | 3.11B | 3.04B | 3.04B | 2.78B | 2.75B | 2.77B | 2.82B | 2.71B | 2.87B | 2.76B | 2.77B | 2.81B | 2.89B | 2.79B | 2.91B |
| Equity Growth % | 15.44% | 15.24% | 13.97% | 10.05% | 23.02% | 13.36% | 9.75% | 7.61% | 2.41% | -4.38% | 0.54% | 1.78% | -3.46% | -0.45% | -1.34% | -4.56% | -3.18% | -3.18% | -14.92% | -19.56% |
| Book Value per Share | 21.50 | 19.57 | 18.88 | 18.21 | 18.60 | 16.95 | 16.58 | 16.55 | 15.12 | 14.96 | 15.66 | 15.38 | 14.76 | 15.64 | 15.01 | 15.11 | 15.29 | 15.71 | 15.21 | 15.80 |
| Total Shareholders' Equity | 3.57B | 3.31B | 3.19B | 3.08B | 3.13B | 2.86B | 2.79B | 2.79B | 2.53B | 2.5B | 2.52B | 2.57B | 2.46B | 2.69B | 2.65B | 2.67B | 2.7B | 2.77B | 2.69B | 2.79B |
| Common Stock | 967.17M | 945.36M | 1.55B | 1.55B | 1.55B | 1.55B | 1.55B | 1.06B | 1.02B | 1.07B | 1.55B | 1.55B | 1.55B | 1.55B | 1.55B | 1.55B | 1.55B | 1.55B | 1.55B | 1.55B |
| Retained Earnings | 294.34M | 135.59M | 73.4M | 0 | 306.9M | 128.1M | 28.7M | -327.95M | -503.1M | -587.37M | -70.7M | 0 | -208.3M | 42.5M | -31.7M | 0 | -78.4M | 0 | 0 | -31.6M |
| Treasury Stock | -31.74M | -31.02M | -42.7M | -28.2M | -28.2M | -28.2M | -28.2M | -17.93M | 0 | 0 | -28.2M | -28.2M | -28.2M | -28.2M | -28.2M | -28.2M | -28.2M | -28.2M | -28.2M | -25.7M |
| Accumulated OCI | 2.35B | 2.26B | 1.56B | 1.5B | 1.25B | 1.16B | 1.19B | 2.06B | 2.03B | 2.04B | 1.03B | 1B | 1.11B | 1.09B | 1.12B | 1.11B | 1.22B | 1.21B | 1.13B | 1.26B |
| Minority Interest | 368.12M | 274.25M | 278M | 269.62M | 281.8M | 250.7M | 255.3M | 252.8M | 246.34M | 244.79M | 252.4M | 256.8M | 248.8M | 182.1M | 108.8M | 107.1M | 108.1M | 111.5M | 107.8M | 112.6M |