TOTVS (OTC: TTVSY)

$11.17-1.50%today

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

Display currency

Market Cap, EPS and the financial totals below — switch between US dollars and BRL.

Market Cap: $3.32B
P/E (TTM): 18.9x
P/B: 3.3x
EPS (TTM): $0.59
Dividend Yield: 2.82%
52-Week Range: $9.95 – $19.16
Volume: 2K
Previous Close: $11.34

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

-1.50%

1 Week

-11.84%

1 Month

-2.07%

YTD

-26.51%

1 Year

-27.98%

5 Years

—

About TOTVS

US Ticker: TTVSY
B3 Ticker: TOTS3
Exchange: OTC
Currency: USD
Sector: Technology
Industry: Software - Application
Headquarters: São Paulo, SP, Brazil
Employees: —
CEO: Mr. Dennis Herszkowicz
Founded: 1983

TOTVS S.A. develops and sells management software, and productivity and collaboration platforms in Brazil and internationally.

It offers an ERP platform, which integrates software management, social networks, real-time reporting, and other applications; business intelligence solutions comprising data integration; Fluig platform; and HR solutions, such as payroll, electronic point, social security and safety, and human capital management services.

The company also provides implementation, consulting, advisory, maintenance services, e-commerce, and mobility solutions, as well as digital marketing solutions.

In addition, it offers financial services, issuance, and credit card management services, including credit analysis and intermediation of financing requests.

Further, the company is involved in investment and equity investment fund activities.

It serves services, manufacturing, agribusiness, logistics, education, construction, healthcare, financial services, retail, legal, distribution, and hospitality industries.

TOTVS S.A. was founded in 1983 and is headquartered in São Paulo, Brazil.

www.totvs.com

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 TOTVS's income statement, balance sheet and cash flow (absolute figures in USD).

ProfitabilityLeverageGrowth

Overall: Financially Solid

Net Margin: —
ROE: —
Rev Growth (YoY): —
Net Debt / EBITDA: 1.57×
Current Ratio: 1.84×
Interest Coverage: —
Free Cash Flow: 1.14B
Payout Ratio: —

Income — Margins & Efficiency

Metric	Last 12MQ3'25 – Q2'26	Δ	2025	Δ	2024	Δ	2023	Δ	2022
Revenue	—	—	$1,053,991,271	+32.5%	$795,536,833	-13.1%	$915,517,504	+27.6%	$717,733,036
Gross profit	—	—	$740,575,764	+32.4%	$559,425,533	-13.5%	$646,570,038	+29.1%	$501,014,836
Operating income	—	—	$213,821,080	+45.4%	$147,011,606	-2.8%	$151,312,111	+24.6%	$121,393,672
EBITDA	$369,581,618	+23.0%	$300,396,991	+45.3%	$206,708,105	-16.7%	$248,110,800	+15.3%	$215,143,246
Net profit	—	—	$162,839,378	+40.2%	$116,141,893	-23.3%	$151,503,031	+60.7%	$94,261,817
Gross margin	—	—	70.3%	-0.1 p.p.	70.3%	-0.3 p.p.	70.6%	+0.8 p.p.	69.8%
Operating margin	—	—	20.3%	+1.8 p.p.	18.5%	+2.0 p.p.	16.5%	-0.4 p.p.	16.9%
EBITDA margin	—	—	28.5%	+2.5 p.p.	26.0%	-1.1 p.p.	27.1%	-2.9 p.p.	30.0%
Net margin	—	—	15.4%	+0.9 p.p.	14.6%	-1.9 p.p.	16.5%	+3.4 p.p.	13.1%
Revenue growth (YoY)	—	—	17.4%	+6.8 p.p.	10.7%	-6.4 p.p.	17.1%	—	—
Effective tax rate	—	—	19.2%	+9.5 p.p.	9.7%	-11.8 p.p.	21.5%	+0.1 p.p.	21.3%
Interest coverage	—	—	4.98×	+5.5%	4.72×	+21.6%	3.88×	+3.0%	3.77×

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

Metric	Last 12MQ3'25 – Q2'26	Δ	2025	Δ	2024	Δ	2023	Δ	2022
Net debt	$581,065,956	+6191.2%	$9,236,149	+120.3%	-$45,422,069	+84.1%	-$285,574,822	-54.6%	-$184,729,781
Net Debt / Equity	0.55×	+5460.8%	0.01×	+116.5%	-0.06×	+79.6%	-0.29×	-29.5%	-0.23×
Net Debt / EBITDA	1.57×	+5013.5%	0.03×	+114.0%	-0.22×	+80.9%	-1.15×	-34.0%	-0.86×
Debt / Equity	0.92×	+156.1%	0.36×	+1.3%	0.35×	-3.9%	0.37×	-9.5%	0.41×
Current ratio	1.84×	-6.1%	1.96×	-18.9%	2.42×	-16.6%	2.90×	+55.1%	1.87×
Return on equity (ROE)	—	—	17.5%	+2.1 p.p.	15.3%	-0.2 p.p.	15.6%	+4.0 p.p.	11.6%
Return on assets (ROA)	—	—	9.4%	+1.0 p.p.	8.4%	+0.1 p.p.	8.3%	+3.6 p.p.	4.7%
Book value / share	$1.84	+16.0%	$1.59	+22.7%	$1.29	-19.8%	$1.61	+19.8%	$1.35

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) $0.14/share · yield 1.24%

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

TOTVS trades on 2 exchanges. Prices on this page are the OTC ADR (TTVSY).

Exchange	Ticker	Currency
OTCpriced here	TTVSY	USD
B3 (São Paulo)	TOTS3	BRL

Frequently Asked Questions

Why hold TOTVS TTVSY ADR instead of local B3 TOTS3 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 TOTVS listed?

TOTVS trades on 2 exchanges. The line quoted on this page is OTC in the United States (TTVSY, US dollars). It also trades on B3 (São Paulo) in Brazil (TOTS3, Brazilian reais).

On how many exchanges does TOTVS trade?

2. OTC — TTVSY (USD) · B3 (São Paulo) — TOTS3 (BRL). Prices shown on this page are the OTC line, TTVSY.

What is TOTVS' primary listing?

TOTVS' primary listing is on the B3 in Brazil, where the shares trade as TOTS3 in reais — the company's home market. The OTC 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 TTVSY and TOTS3?

They are the same company and, economically, the same asset. TOTS3 is the original Brazilian share, listed on the B3 and quoted in reais. TTVSY is an American Depositary Receipt over that share, listed on the OTC 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 TTVSY price therefore tracks two things: TOTS3 in reais, and the USD/BRL exchange rate.

How can I buy TOTVS stock in the United States?

TOTVS is listed on the OTC under TTVSY, priced in US dollars. Any US brokerage offering over-the-counter 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 11, 2026

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