Afya Ltd AFYA
$10.50 +$0.35 (+3.45%)
Market closed · Nov 6, 8:10 pm ET · Last extended-hours $10.50 0.00%
Open$10.17
Prev close$10.15
Day range$10.15 – $10.55
Volume301.3K
Market cap$929.02M
P/E (TTM)6.7
Dividend yield6.38%
Fundamentals
Latest reported quarter: Q2, ended Jun 2026 · reported in BRL
RevenueR$972.10M+5.7% YoY
Operating profitR$297.86M+4.4% YoY
Net profitR$201.29M+14.0% YoY
Diluted EPSR$2.21+17.6% YoY
Free cash flowR$255.86M+43.0% YoY
Operating cash flowR$331.04M
Revenue, last 8 quarters
Net profit, last 8 quarters
Diluted EPS by quarter
Free cash flow by quarter
Annual revenue
Profitability & balance sheet
Gross margin64.0%
Operating margin32.6%
Net margin20.4%
Return on equity16.5%
Return on assets8.4%
Return on invested capital12.8%
Current ratio2.20
Liabilities / assets47.2%
Cash & investmentsR$1.01B
Total debtR$3.06B
Net cash (debt)-R$2.05B
Free cash flow / sales32.9%
Where the revenue comes from
Quarter 2026/Q2
By business line
This company reports in its own local currency, not U.S. dollars. Every figure below is labeled with its real currency, not automatically converted.
Income statement
| Line item | 2026 Q2 (BRL) |
2026 Q1 (BRL) |
2025 ANNUAL (BRL) |
2025 Q4 (BRL) |
2025 Q3 (BRL) |
|---|---|---|---|---|---|
| Total Revenue as Reported | R$972.10M | R$1.01B | R$3.70B | R$912.99M | R$928.51M |
| Total Operating Revenue | R$972.10M | R$1.01B | R$3.70B | R$912.99M | R$928.51M |
| Cost of Revenue | R$373.39M | R$314.65M | R$1.31B | R$348.63M | R$339.92M |
| Gross Profit | R$598.71M | R$698.06M | R$2.38B | R$564.36M | R$588.59M |
| Operating Expense | R$300.85M | R$304.46M | R$1.17B | R$285.88M | R$311.23M |
| Selling and Admin Expenses | R$286.34M | R$287.66M | R$1.11B | R$285.59M | R$286.16M |
| Asset Impairment Loss | R$20.25M | R$17.84M | R$57.09M | R$5.96M | R$18.08M |
| Other Operating Expenses | -R$5.74M | -R$1.04M | R$95,000.00 | -R$5.11M | R$6.91M |
| Operating Profit | R$297.86M | R$393.60M | R$1.21B | R$278.48M | R$277.36M |
| Net Non-Operating Interest Income (Expense) | -R$96.78M | -R$92.77M | -R$362.99M | -R$77.19M | -R$98.82M |
| Non-Operating Interest Income | R$37.86M | R$51.43M | R$187.98M | R$49.43M | R$57.00M |
| Non-Operating Interest Expense | R$119.10M | R$128.72M | R$439.45M | R$99.74M | R$121.36M |
| Total Other Finance Costs | R$15.54M | R$15.49M | R$111.52M | R$26.87M | R$34.45M |
| Other Income (Expense) | R$2.20M | R$3.39M | R$10.82M | R$3.18M | R$2.10M |
| Gain on Sale of Security | -R$2.16M | -R$1.58M | -R$3.10M | -R$67,000.00 | -R$692,000.00 |
| Earnings from Equity Interest | R$4.36M | R$4.97M | R$13.92M | R$3.25M | R$2.79M |
| Pretax Profit | R$203.28M | R$304.22M | R$860.95M | R$204.48M | R$180.64M |
| Tax | R$1.98M | R$42.45M | R$92.50M | R$29.03M | R$21.22M |
| Net Profit | R$201.29M | R$261.76M | R$768.44M | R$175.44M | R$159.42M |
| Profit from Continuing Operations | R$201.29M | R$261.76M | R$768.44M | R$175.44M | R$159.42M |
| Minority Interests | R$4.18M | R$4.74M | R$15.98M | R$2.48M | R$4.25M |
| Net Income to Parent Company | R$197.12M | R$257.02M | R$752.46M | R$172.96M | R$155.17M |
| Net Income to Common Stockholders | R$197.12M | R$257.02M | R$752.46M | R$172.96M | R$155.17M |
| Basic EPS | R$2.22 | R$2.88 | R$8.32 | R$1.92 | R$1.71 |
| Diluted EPS | R$2.21 | R$2.85 | R$8.24 | R$1.90 | R$1.70 |
| Dividend Per Share | R$0.00 | R$3.46 | R$1.34 | R$0.00 | R$0.00 |
| -General & Admin Expense | – | – | – | – | R$286.16M |
| Other Taxes | – | – | – | – | R$73,000.00 |
Balance sheet
| Line item | 2026 Q2 (BRL) |
2026 Q1 (BRL) |
2025 ANNUAL (BRL) |
2025 Q4 (BRL) |
2025 Q3 (BRL) |
|---|---|---|---|---|---|
| Total Assets | R$9.33B | R$9.63B | R$9.36B | R$9.36B | R$9.19B |
| Total Current Assets | R$1.95B | R$2.22B | R$1.94B | R$1.94B | R$1.76B |
| Cash and Cash Equivalents & Short-Term Investments | R$1.01B | R$1.33B | R$1.13B | R$1.13B | R$996.83M |
| -Cash and Cash Equivalents | R$1.01B | R$1.33B | R$1.13B | R$1.13B | R$996.83M |
| Receivables | R$878.19M | R$825.38M | R$753.85M | R$753.85M | R$716.92M |
| -Accounts Receivable | R$819.72M | R$777.98M | R$717.37M | R$717.37M | R$671.18M |
| -Taxes Receivable | R$58.48M | R$47.41M | R$36.48M | R$36.48M | R$45.75M |
| Other Current Assets | R$65.51M | R$66.18M | R$62.95M | R$62.95M | R$48.53M |
| Total Non-Current Assets | R$7.38B | R$7.40B | R$7.42B | R$7.42B | R$7.42B |
| Net PPE | R$1.59B | R$1.60B | R$1.61B | R$1.61B | R$1.60B |
| -Gross PPE | R$1.97B | R$1.96B | R$1.94B | R$1.94B | R$1.90B |
| -Accumulated Depreciation | -R$381.53M | -R$357.52M | -R$333.17M | -R$333.17M | -R$308.55M |
| Investments and Advances | R$54.96M | R$50.61M | R$46.52M | R$46.52M | R$56.31M |
| -Long Term Equity Investment | R$54.96M | R$50.61M | R$46.52M | R$46.52M | R$56.31M |
| Non Current Accounts Receivables | R$32.99M | R$41.57M | R$34.99M | R$34.99M | R$33.60M |
| Goodwill and Other Intangible Assets | R$5.58B | R$5.57B | R$5.59B | R$5.59B | R$5.57B |
| -Goodwill | R$1.53B | R$1.53B | R$1.53B | R$1.53B | R$1.53B |
| -Other Intangible Assets | R$4.05B | R$4.05B | R$4.06B | R$4.06B | R$4.05B |
| Non-Current Deferred Assets | R$7.30M | R$4.68M | R$12.55M | R$12.55M | R$40.83M |
| Other Non-Current Assets | R$116.15M | R$129.55M | R$125.48M | R$125.48M | R$123.89M |
| Total Liabilities | R$4.40B | R$4.84B | R$4.47B | R$4.47B | R$4.40B |
| Total Current Liabilities | R$885.87M | R$1.25B | R$884.04M | R$884.04M | R$1.80B |
| Payables | R$336.50M | R$654.84M | R$383.09M | R$383.09M | R$390.15M |
| -Accounts Payable | R$201.77M | R$191.46M | R$234.22M | R$234.22M | R$249.13M |
| -Total Tax Payable | R$133.98M | R$155.04M | R$148.68M | R$148.68M | R$140.20M |
| -Dividends Payable | R$762,000.00 | R$308.33M | R$192,000.00 | R$192,000.00 | R$825,000.00 |
| Short-Term Debt and Capital Lease Obligation | R$183.99M | R$187.58M | R$116.44M | R$116.44M | R$969.39M |
| -Current Debt | R$126.36M | R$132.10M | R$60.67M | R$60.67M | R$916.83M |
| -Current Capital Lease Obligation | R$57.63M | R$55.48M | R$55.77M | R$55.77M | R$52.56M |
| Current Deferred Liabilities | R$104.31M | R$151.12M | R$158.04M | R$158.04M | R$147.04M |
| Other Current Liabilities | R$8.13M | R$7.76M | R$8.95M | R$8.95M | R$7.12M |
| Total Non-Current Liabilities | R$3.51B | R$3.59B | R$3.58B | R$3.58B | R$2.60B |
| Long Term Accounts Payable and Other Payables | R$419.85M | R$403.16M | R$407.44M | R$407.44M | R$425.58M |
| Long Term Debt and Capital Lease Obligation | R$2.93B | R$3.01B | R$3.00B | R$3.00B | R$2.01B |
| -Long Term Debt | R$1.92B | R$1.99B | R$1.99B | R$1.99B | R$996.84M |
| -Long Term Capital Lease Obligation | R$1.01B | R$1.02B | R$1.01B | R$1.01B | R$1.01B |
| Non-Current Liabilities | R$116.45M | R$131.83M | R$128.22M | R$128.22M | R$124.84M |
| Other Non-Current Liabilities | R$41.45M | R$42.99M | R$43.47M | R$43.47M | R$44.69M |
| Total Equity | R$4.93B | R$4.79B | R$4.89B | R$4.89B | R$4.79B |
| Stockholders' Equity | R$4.89B | R$4.74B | R$4.85B | R$4.85B | R$4.75B |
| Capital Stock | R$17,000.00 | R$17,000.00 | R$17,000.00 | R$17,000.00 | R$17,000.00 |
| -Common Stock | R$17,000.00 | R$17,000.00 | R$17,000.00 | R$17,000.00 | R$17,000.00 |
| Additional Paid-In Capital | R$2.30B | R$2.32B | R$2.32B | R$2.32B | R$2.32B |
| Retained Earnings | R$2.78B | R$2.58B | R$2.63B | R$2.63B | R$2.46B |
| Less: Treasury Stock | R$410.43M | R$372.79M | R$306.01M | R$306.01M | R$240.14M |
| Other Equity Interests | R$222.06M | R$213.96M | R$202.82M | R$202.82M | R$204.18M |
| Minority Interests | R$40.23M | R$41.65M | R$39.39M | R$39.39M | R$40.52M |
| Non-Current Deferred Liabilities | – | – | R$0.00 | R$0.00 | – |
Cash flow
| Line item | 2026 Q2 (BRL) |
2026 Q1 (BRL) |
2025 ANNUAL (BRL) |
2025 Q4 (BRL) |
2025 Q3 (BRL) |
|---|---|---|---|---|---|
| Operating Cash Flow | R$331.04M | R$466.80M | R$1.53B | R$253.82M | R$506.17M |
| Net cash flow from continuing operations | R$331.04M | R$466.80M | R$1.53B | R$253.82M | R$506.17M |
| Net Income from Continuing Operations | R$203.28M | R$304.22M | R$860.95M | R$204.48M | R$180.64M |
| Gain/Loss from Continuing Operations | -R$2.88M | -R$4.07M | -R$12.10M | -R$3.86M | -R$2.41M |
| Depreciation & Depletion & Amortization | R$90.57M | R$93.08M | R$373.34M | R$92.23M | R$94.66M |
| Other Non-Cash Items | R$83.70M | R$122.52M | R$462.70M | R$104.01M | R$137.69M |
| Change in Working Capital | -R$71.44M | -R$71.94M | -R$213.00M | -R$145.47M | R$73.13M |
| -Change in Receivables | -R$64.48M | -R$95.96M | -R$188.35M | -R$44.27M | -R$16.17M |
| -Change in Payables and Accrued Expense | R$3.80M | R$11.92M | -R$22.61M | -R$38.26M | R$10.15M |
| -Change in Other Current Assets | R$31.35M | -R$6.97M | -R$10.80M | -R$8.95M | R$3.80M |
| -Change in Other Current Liabilities | -R$361,000.00 | -R$908,000.00 | R$9.20M | R$5.72M | R$980,000.00 |
| -Change In Other Working Capital | -R$41.75M | R$19.98M | -R$436,000.00 | -R$59.72M | R$74.38M |
| Net cash flow from investing | -R$90.98M | -R$109.78M | -R$507.07M | -R$59.03M | -R$175.77M |
| Net Cash Flow from Continuing Investing Activities | -R$90.98M | -R$109.78M | -R$507.07M | -R$59.03M | -R$175.77M |
| Net PPE Purchase and Sale | -R$28.24M | -R$12.76M | -R$166.01M | -R$42.37M | -R$42.02M |
| Net Intangibles Purchase and Sale | -R$46.94M | -R$32.02M | -R$198.00M | -R$58.48M | -R$36.06M |
| Net Business Purchase and Sale | -R$16.67M | -R$65.01M | -R$144.08M | R$0.00 | -R$62.61M |
| Financing Cash Flow | -R$564.97M | -R$148.64M | -R$808.34M | -R$66.85M | -R$432.30M |
| Net Cash Flow from Continuing Financing Activities | -R$564.97M | -R$148.64M | -R$808.34M | -R$66.85M | -R$432.30M |
| Net Issuance Payments Of Debt | R$14.61M | -R$47.13M | -R$179.44M | R$159.12M | -R$312.80M |
| Net Common Stock Issuance | -R$63.50M | -R$69.51M | -R$77.00M | -R$65.87M | -R$11.13M |
| Cash Dividends Paid | R$0.00 | R$0.00 | R$0.00 | R$0.00 | R$0.00 |
| Proceeds from Stock Option Exercised | R$7.97M | R$1.93M | R$25.73M | R$0.00 | R$1.48M |
| Net Other Financing Charges | -R$313.16M | -R$1.72M | -R$146.81M | -R$4.25M | -R$4.09M |
| Ending Cash Balance | R$1.01B | R$1.33B | R$1.13B | R$1.13B | R$996.83M |
| Net Change in Cash | -R$324.90M | R$208.38M | R$216.18M | R$127.94M | -R$101.90M |
| Beginning Cash Balance | R$1.33B | R$1.13B | R$911.02M | R$996.83M | R$1.10B |
| Effect of Exchange Rate Changes | -R$1.47M | -R$893,000.00 | -R$1.82M | R$614,000.00 | -R$381,000.00 |
| Free Cash Flow | R$255.86M | R$422.02M | R$1.17B | R$152.97M | R$428.09M |
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