TIM S.A.

TIM S.A.

TIMB
TIM S.A.US flagNew York Stock Exchange
22.29
USD
+0.12
- -
10.65BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
41.21
40.33
35.41
32.26
33.54
35.08
35.9
35.67
37.3
44.47
49.23
52.58
55.16
56.28
Basic EPS, GAAP
3.11
3.2
4.31
1.55
2.55
5.26
7.48
3.78
6.11
3.45
5.86
6.52
8.93
9.02
Free Cash Flow per Basic Share
3.53
-0.85
-1
1.01
2.6
4.75
6.63
9.88
9.55
9.15
16.35
16.08
18.43
18.85
Dividend per Share
1.52
1.73
0.74
0.95
0.69
1.22
1.59
2.38
2.15
2.48
4.49
5.62
11.1
10.76
Book Value per Share
20.36
20.4
20.38
20.38
20.38
20.38
20.38
27.84
27.84
27.84
27.84
27.85
27.92
28.94
Tangible Book Value per Share
16.88
11.64
13.67
13.54
14.13
18.83
26.37
29.24
30
18.55
21.46
23.86
19.44
20.14
Basic Weighted Avg Shares
483
484
484
484
484
484
484
484
484
484
484
484
483
480
Sales/Revenue/Turnover
19,921
19,502
17,142
15,617
16,234
16,981
17,377
17,268
18,058
21,531
23,834
25,448
26,625
27,037
Operating Margin (%)
13.45
13.89
13.7
10.84
13.93
16.66
28.4
18.31
18.17
16.16
20.29
22.91
24.98
25.26
Depreciation Expense
2,768
3,053
3,362
3,785
4,014
3,954
5,129
5,527
5,692
6,827
7,117
7,026
7,078
7,070
Net Income, GAAP
1,506
1,549
2,085
750
1,235
2,545
3,622
1,828
2,957
1,671
2,837
3,154
4,312
4,331
Effective Tax Rate (%)
29.52
29.65
30.51
25.94
14
- -
20.15
8.24
4.71
2.91
10.89
12.94
5.44
10.71
Profit Margin (%)
7.56
7.94
12.17
4.81
7.6
14.99
20.84
10.59
16.38
7.76
11.9
12.39
16.2
16.02
Working Capital
2,693
1,542
2,873
2,826
383
-1,077
337
2,110
4,787
-2,754
-1,479
-164
-1,737
-1,295
LT Debt
4,093
5,799
7,180
7,280
5,049
2,699
7,553
7,980
11,101
14,280
12,952
13,633
13,915
14,116
Total Equity
14,595
14,952
16,577
17,188
18,151
19,795
22,432
23,183
25,107
25,397
26,016
26,405
23,977
24,420
Return on Invested Capital (%)
9.58
8.82
6.57
4.7
7.51
- -
13.78
8.52
8.36
7.93
9.51
11.16
13.75
13.44
Return on Capital (%)
11.97
12.84
14.51
6.82
9.43
- -
26.63
11.72
15.85
11.16
15.52
17.72
21.91
22.7
Return on Common Equity (%)
15.3
15.72
21.14
7.61
12.51
25.8
36.71
15.66
21.94
12.4
21.05
23.4
31.99
30.96

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2,561
2,629
2,623
LT Borrowings
1,900
1,853
1,853
LT Finance Leases
11,900
12,062
12,263
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,405
2,389
2,389
Market Capitalization
57,508
51,655
66,212

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
14,086
13,464
14,086
Cash, Cash Equivalents & STI
6,529
5,885
5,871
Accounts Receivable, Net
5,014
4,902
5,169
Inventories
353
357
387
Total Current Liabilities
14,679
15,201
15,381
Payables & Accruals
11,192
12,059
11,860
ST Debt
2,561
2,629
2,623
Deferred Revenue
259
260
245

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.92%
0.84%
-9.19%
Free Cash Flow
21.11%
16.76%
14.36%
Net Income, GAAP
23.54%
27.19%
36.72%
Sales/Revenue/Turnover
4.72%
9.18%
4.62%
Total Cash Common Dividend
36.64%
41.78%
97.05%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,096
6,303
6,419
6,631
25,448
2025
6,394
6,600
6,711
6,920
26,625
2026
6,806
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.07
1.6
1.6
- -
6.52
2025
1.65
- -
2.5
- -
8.93
2026
1.71
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.33
1.28
1.44
- -
5.62
2025
1.38
- -
1.99
- -
11.1
2026
1
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Alberto Mario Griselli
Full Time Employees
8,873
Sector
Communication Services
Industry
Telecommunications Services
Address
João Cabral de Melo Neto Avenue Rio De Janeiro RJ Brazil 22775-057
IPO Date
Nov 16, 1998
Website
tim.com.br
Business
TIM S.A. provides mobile, fixed-line, long-distance, data transmission, and broadband telecommunications services in Brazil; offers personal mobile services including voice, multimedia communication, and digital content; fixed broadband through TIM Live and Ultrafibra utilizing WTTx technology; value-added services; Internet of Things (IoT) solutions; and a portfolio of digital content and managed services for individuals and corporate clients ranging from small to large enterprises. TIM S.A. operates nationwide with leadership in 4G coverage across 100% of Brazilian municipalities, including rural areas, and pioneering 5G deployment in all state capitals, supported by over 60 million mobile customers, approximately 180,000 kilometers of fiber optics, and around 30,000 sites. Founded in 1998 and headquartered in Rio de Janeiro, the company serves consumer and business-to-business (B2B) segments as a subsidiary of TIM Brasil Serviços e Participações S.A. In November 2025, TIM S.A. agreed to acquire V8 Consulting S.A. (V8.Tech), a technology integrator specializing in digital transformation, multicloud, hybrid cloud, and artificial intelligence services, for an upfront R$140 million plus up to R$140 million in earn-outs over six years, subject to regulatory approval by CADE; simultaneously, the company established a new B2B Vice Presidency under Fabio Costa to accelerate its 2025-2027 strategic growth plan.

Company News

MCPAPIChat
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  • TIM S.A. (TIMB) Q1 2026 Earnings Call Transcript

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  • Nokia expands partnerships with TIM Brasil, Deutsche Telekom in AI technology push

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  • TIM S.A. Sponsored ADR (NYSE:TIMB) Given Average Recommendation of “Hold” by Analysts

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