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Markets · Stocks & ETFs · ADR

BR Partners (NASDAQ: BRBI)

$9.40-1.98%today

Brazilian ADR trading on the NASDAQ, priced in US dollars.

Display currency
Market Cap, EPS and the financial totals below — switch between US dollars and BRL.
Market Cap
$246.74M
P/E (TTM)
24.1x
P/B
1.6x
EPS (TTM)
$0.39
Dividend Yield
11.12%
52-Week Range
$9.23 – $67.01
Volume
2K
Previous Close
$9.59

TTM = trailing twelve months — the most recent 12 months (a rolling window), used for P/E, EPS and dividends. On the tables and charts below, the in-progress current year appears as a “Last 12M” column labelled with the quarter range it covers.

Performance

Today
-1.98%
1 Week
-7.66%
1 Month
-19.93%
YTD
-32.27%
1 Year
—
5 Years
—
BR Partners logo

About BR Partners

US Ticker
BRBI
B3 Ticker
BRBI11
Exchange
NASDAQ
Currency
USD
Sector
Financial Services
Industry
Capital Markets
Headquarters
São Paulo, SP, Brazil
Employees
—
CEO
Mr. Ricardo Fleury Cavalcanti de Albuquerque Lacerda
Founded
2009

BRBI BR Partners S.A., through its subsidiaries, operates as an investment bank that provides investment banking, capital market, treasury sales and structuring, investment, and wealth management services in Brazil.

The company offers financial and strategic advisory services for mergers and acquisitions, capital markets and solutions, boards and shareholders, Pre-IPO, and privatizations.

It also originates, structures, and distributes real estate receivables certificates, structured real estate receivables certificates, agribusiness receivables certificates, real estate investment funds, investment funds in agro-industrial production chains, credit rights investment funds, bank credit notes, and debentures.

In addition, the company offers multi-product platform across foreign exchange, interest rates, commodities, and fixed income markets; derivative products comprising futures, swaps, forwards, and options; foreign exchange consisting of spot transactions and forward settlements; asset and liability management; fixed income, which include funding products, as well as trading in the secondary market for government bonds, debentures, and securitizations; and bank guarantees.

Further, it manages the wealth of high-net-worth families; and makes minority investments in small and medium-sized companies through privately negotiated deals and structure vehicles.

The company was formerly known as BR Advisory Partners Participações S.A. The company was founded in 2009 and is headquartered in São Paulo, Brazil.

brpartners.com.br

Financial Results

Revenue, EBITDA and net profit (in USD) with net margin (net profit ÷ revenue).

Financial Health

Margins, leverage and cash-flow quality derived from BR Partners's income statement, balance sheet and cash flow (absolute figures in USD).

ProfitabilityLeverageGrowth

Overall: Financially Solid

Net Margin
1.3%
ROE
21.4%
Rev Growth (YoY)
+7.33%
Net Debt / EBITDA
—
Current Ratio
0.24×
Interest Coverage
—
Free Cash Flow
-309.7M
Payout Ratio
104.4%

Income — Margins & Efficiency

MetricLast 12MQ2'25 – Q1'26Δ2025Δ2024Δ2023Δ2022
Revenue$2,568,609,228+13.2%$2,269,410,723+89.1%$1,200,154,260-11.2%$1,351,841,780+94.2%$696,025,243
Gross profit$78,121,245+5.7%$73,929,550+4.4%$70,787,484+9.6%$64,597,955+4.0%$62,109,715
Operating income$42,783,084+0.7%$42,484,022+9.6%$38,755,888-6.1%$41,282,628-6.1%$43,942,777
EBITDA————$39,971,349-6.3%$42,669,581-4.7%$44,786,360
Net profit$32,672,932+2.2%$31,969,797+2.0%$31,348,840-2.0%$31,974,764+14.9%$27,835,787
Gross margin3.0%-0.2 p.p.3.3%-2.6 p.p.5.9%+1.1 p.p.4.8%-4.1 p.p.8.9%
Operating margin1.7%-0.2 p.p.1.9%-1.4 p.p.3.2%+0.2 p.p.3.1%-3.3 p.p.6.3%
EBITDA margin————3.3%+0.2 p.p.3.2%-3.3 p.p.6.4%
Net margin1.3%-0.1 p.p.1.4%-1.2 p.p.2.6%+0.2 p.p.2.4%-1.6 p.p.4.0%
Revenue growth (YoY)7.3%-60.3 p.p.67.6%+54.5 p.p.13.1%-65.2 p.p.78.3%——
Effective tax rate————19.1%-3.4 p.p.22.5%-14.1 p.p.36.7%
Interest coverage—————————

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Balance Sheet — Health & Leverage

MetricLast 12MQ2'25 – Q1'26Δ2025Δ2024Δ2023Δ2022
Net debt$412,540,633+7.9%$382,249,187-74.7%$1,513,778,468+21.7%$1,243,436,147——
Net Debt / Equity2.70×+1.0%2.67×-77.0%11.62×+58.2%7.35×——
Net Debt / EBITDA————37.87×+30.0%29.14×——
Debt / Equity2.85×+0.0%2.85×-76.9%12.34×+60.3%7.70×——
Current ratio0.24×-15.4%0.28×-77.3%1.25×+56.2%0.80×——
Return on equity (ROE)21.4%-1.0 p.p.22.4%-1.7 p.p.24.1%+5.2 p.p.18.9%——
Return on assets (ROA)0.9%-0.1 p.p.1.0%-0.3 p.p.1.3%-0.2 p.p.1.4%——
Book value / share$1.46+6.8%$1.36-17.6%$1.65-23.0%$2.15——

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Net Debt & Leverage

Free Cash Flow

Margins

Dividend Payout Ratio

Capex ÷ Revenue

Cash Conversion (operating cash flow ÷ net income)

Ratios computed from company financial statements. Net Debt = total debt − cash & equivalents; FCF = operating cash flow − capital expenditure; absolute values in USD.

Valuation & Dividends

P/E Ratio History

Dividend History

This year (YTD) $0.15/share · yield 1.56%

Dividends and yield from Yahoo Finance (per ADR share, in US dollars). The current-year figures are calendar year-to-date (dividends actually paid this year), not the trailing 12 months.

Listings

BR Partners trades on 2 exchanges. Prices on this page are the NASDAQ ADR (BRBI).

ExchangeTickerCurrency
NASDAQpriced hereBRBIUSD
B3 (São Paulo)BRBI11BRL

Frequently Asked Questions

Why hold BR Partners BRBI ADR instead of local B3 BRBI11 shares?

Buying directly on Brazil’s B3 exchange means opening a local brokerage account, converting currency and dealing with Brazilian tax paperwork. ADRs remove that friction: they settle in dollars, follow US market hours, and report in formats foreign investors already understand.

The trade-off is that an ADR’s price reflects two moving parts: (1) the underlying share price, quoted in reais on the B3, and (2) the USD/BRL exchange rate. Because of that second part, a rising company can still deliver a flat, or even negative, dollar return if the real weakens against the dollar. The same applies to ETFs: funds such as EWZ, EWZS and FLBR bundle dozens of these companies into a single ticker for instant diversification, but their dollar value still moves with the real.

Where is BR Partners listed?

BR Partners trades on 2 exchanges. The line quoted on this page is NASDAQ in the United States (BRBI, US dollars). It also trades on B3 (São Paulo) in Brazil (BRBI11, Brazilian reais).

On how many exchanges does BR Partners trade?

2. NASDAQ — BRBI (USD) · B3 (São Paulo) — BRBI11 (BRL). Prices shown on this page are the NASDAQ line, BRBI.

What is BR Partners' primary listing?

BR Partners' primary listing is on the B3 in Brazil, where the shares trade as BRBI11 in reais — the company's home market. The NASDAQ line quoted on this page is an ADR over those same shares: it gives you the asset in US dollars, on US market hours, without opening a Brazilian brokerage account or trading in reais.

What is the difference between BRBI and BRBI11?

They are the same company and, economically, the same asset. BRBI11 is the original Brazilian share, listed on the B3 and quoted in reais. BRBI is an American Depositary Receipt over that share, listed on the NASDAQ and quoted in US dollars — a wrapper whose purpose is to give foreign investors access to the Brazilian asset without opening an account in Brazil. The BRBI price therefore tracks two things: BRBI11 in reais, and the USD/BRL exchange rate.

How can I buy BR Partners stock in the United States?

BR Partners is listed on the NASDAQ under BRBI, priced in US dollars. Any US brokerage offering NASDAQ-listed securities can trade it, with no foreign-account paperwork and no currency conversion.

As of Fri, Aug 14, 17:00 BRT · Market closed

Financial data last updated: August 14, 2026

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