Demonstrações financeiras detalhadas de Consumer Portfolio Services, Inc. (CPSS): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Consumer Portfolio Services, Inc. registou receitas de $428.0M no último exercício, com um CAGR de 5 anos de 9.6%. O lucro líquido atingiu $19.3M, com CAGR de 5 anos de -2.3%.
Margens dos últimos 12 meses: margem bruta 73.9%, margem operacional 34.5%, margem líquida 4.8%. O fluxo de caixa livre cresceu a CAGR de 3.8% em 5 anos.
Ao preço atual de $9.49, CPSS negocia a um P/L de 9.59 e um ROE de 6.91%. A capitalização de mercado é de $206M.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $422.3M | $434.4M | $389.8M | $345.8M | $271.2M | $267.8M | $329.7M | $352.0M | $393.5M | $428.0M |
| Custo da Receita | $258.5M | $279.1M | $234.5M | $196.3M | $115.5M | $60.6M | $59.4M | $124.3M | $185.9M | $1.8M |
| Lucro Bruto | $163.8M | $155.3M | $155.2M | $149.5M | $155.7M | $207.2M | $270.3M | $227.7M | $207.6M | $426.2M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $108.2M | $115.2M | $127.9M | $131.8M | $126.4M | $132.0M | $144.9M | $159.4M | $173.7M | $52.9M |
| Despesas Operacionais | $114.2M | $123.3M | $136.5M | $140.3M | $135.6M | $141.4M | $154.1M | $166.6M | $180.1M | $166.2M |
| Lucro Operacional | $49.7M | $32.1M | $18.7M | $9.2M | $20.1M | $65.7M | $116.2M | $61.1M | $27.4M | $260.0M |
| EBITDA | $50.4M | $33.0M | $19.7M | $10.2M | $21.9M | $67.4M | $117.8M | $61.9M | $28.3M | $260.0M |
| Despesas com Juros | $79.9M | $92.3M | $101.5M | $110.5M | $101.3M | $75.2M | $87.5M | $146.6M | $191.3M | $232.0M |
| Lucro Antes de Impostos | $49.7M | $32.1M | $18.7M | $9.2M | $20.1M | $65.7M | $116.2M | $61.1M | $27.4M | $28.0M |
| Imposto | $20.4M | $28.3M | $3.8M | $3.8M | -$1.6M | $18.2M | $30.2M | $15.8M | $8.2M | $8.7M |
| Lucro Líquido | $29.3M | $3.8M | $14.9M | $5.4M | $21.7M | $47.5M | $86.0M | $45.3M | $19.2M | $19.3M |
| LPA | $1.20 | $0.17 | $0.68 | $0.24 | $0.96 | $2.11 | $4.10 | $2.17 | $0.90 | $0.88 |
| LPA Diluído | $1.01 | $0.14 | $0.59 | $0.22 | $0.90 | $1.84 | $3.23 | $1.80 | $0.79 | $0.80 |
| Ações em Circulação (Diluídas) | $29.0M | $27.2M | $25.0M | $24.1M | $24.0M | $25.8M | $26.6M | $25.2M | $24.3M | $24.1M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $108.4M | $109.4M | $112.3M | $121.4M |
| Lucro Bruto | $50.0M | $50.6M | $111.9M | $121.4M |
| Lucro Operacional | $7.0M | $7.2M | $68.1M | $73.3M |
| EBITDA | $7.2M | $7.4M | $68.3M | $73.5M |
| Lucro Líquido | $4.9M | $5.0M | $5.5M | $6.2M |
| LPA | $0.22 | $0.23 | $0.25 | $0.29 |
| LPA Diluído | $0.20 | $0.21 | $0.24 | $0.26 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $13.9M | $12.7M | $12.8M | $5.3M | $144.2M | $176.5M | $162.8M | $125.4M | $137.4M | $6.3M |
| Investimentos de Curto Prazo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Contas a Receber | $36.2M | $46.8M | $32.0M | $11.6M | $1.94B | $1.93B | $2.55B | $2.75B | $3.32B | $3.66B |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $50.2M | $59.5M | $44.8M | $16.9M | 0 | 0 | 0 | 0 | 0 | $6.3M |
| Imobilizado | $2.0M | $1.8M | $1.8M | $1.5M | $11.8M | $9.3M | $7.4M | $4.3M | $20.4M | 0 |
| Ágio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Intangíveis | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Totais | $2.41B | $2.42B | $2.49B | $2.54B | $2.15B | $2.16B | $2.76B | $2.91B | $3.50B | $3.86B |
| Contas a Pagar | $25.0M | $28.7M | $31.7M | 0 | 0 | 0 | 0 | 0 | 0 | $65.2M |
| Dívida de Curto Prazo | $103.4M | $112.4M | $136.8M | $134.8M | $39.7M | $41.9M | $18.3M | $7.2M | $13.8M | $14.3M |
| Passivos Circulantes | $128.3M | $141.1M | $168.5M | $134.8M | 0 | 0 | $65.2M | 0 | 0 | $14.3M |
| Dívida de Longo Prazo | $2.10B | $2.10B | $2.12B | $2.15B | $1.94B | $1.91B | $2.46B | $2.56B | $3.12B | $3.47B |
| Passivos Totais | $2.22B | $2.24B | $2.29B | $2.34B | $2.02B | $1.99B | $2.53B | $2.63B | $3.21B | $3.55B |
| Reservas | $115.8M | $119.5M | $134.4M | $139.8M | $69.0M | $116.5M | $202.5M | $247.9M | $267.1M | $286.4M |
| Patrimônio Líquido | $186.2M | $183.9M | $197.1M | $202.6M | $133.4M | $170.2M | $228.4M | $274.7M | $292.8M | $309.5M |
| Dívida Total | $2.20B | $2.21B | $2.26B | $2.29B | $1.98B | $1.95B | $2.48B | $2.57B | $3.16B | $3.51B |
| Dívida Líquida | $2.19B | $2.20B | $2.24B | $2.28B | $1.84B | $1.78B | $2.31B | $2.45B | $3.02B | $3.50B |
| Capital de Giro | -$78.2M | -$81.6M | -$123.8M | -$117.9M | 0 | 0 | -$65.2M | 0 | 0 | -$7.9M |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $151.9M | $6.3M | $6.9M | $7.5M |
| Ativos Totais | $3.81B | $3.86B | $4.05B | $4.42B |
| Passivos Totais | $3.50B | $3.55B | $3.74B | $4.10B |
| Patrimônio Líquido | $307.6M | $309.5M | $314.4M | $319.2M |
| Dívida Total | $3.46B | $3.51B | $3.69B | $4.01B |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $29.3M | $3.8M | $14.9M | $5.4M | $21.7M | $47.5M | $86.0M | $45.3M | $19.2M | $19.3M |
| Depreciação e Amortização | $777000 | $934000 | $992000 | $1.1M | $1.8M | $1.7M | $1.6M | $847000 | $862000 | $881000 |
| Compensação em Ações | $5.6M | $5.7M | $3.5M | $2.1M | $1.9M | $2.0M | $4.4M | $3.5M | $3.0M | $2.7M |
| Variação Capital de Giro | -$23.2M | $8.5M | $26.5M | $24.1M | $26.7M | $15.4M | $23.9M | $13.0M | $2.2M | $1.8M |
| Fluxo de Caixa Operacional | $196.3M | $215.6M | $216.2M | $216.8M | $238.8M | $198.2M | $215.9M | $238.0M | $233.8M | $289.0M |
| CapEx | -$1.1M | -$669000 | -$1.1M | -$751000 | -$24000 | -$2.0M | -$2.1M | -$559000 | -$433000 | -$709000 |
| Aquisições | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Ações | -$10.5M | -$12.3M | -$5.3M | -$1.4M | -$1.2M | -$25.7M | -$46.1M | -$20.3M | -$12.8M | -$8.7M |
| Dividendos Pagos | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fluxo de Caixa Livre | $195.3M | $215.0M | $215.1M | $216.0M | $238.7M | $196.2M | $213.8M | $237.4M | $233.3M | $288.3M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $84.9M | $75.8M | $83.8M | $106.1M |
| CapEx | -$49000 | -$65000 | -$796000 | $796000 |
| Fluxo de Caixa Livre | $84.9M | $75.7M | $83.0M | $106.9M |
| Dividendos Pagos | 0 | 0 | 0 | 0 |
| Compensação em Ações | $501000 | $808000 | $512000 | $578000 |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +2.9% | -10.3% | -11.3% | -21.6% | -1.2% | +23.1% | +6.8% | +11.8% | +8.8% |
| Crescimento Lucro Líquido (anual) | | -87.2% | +294.7% | -63.6% | +301.0% | +119.2% | +80.9% | -47.3% | -57.6% | +0.6% |
| Crescimento LPA (anual) | | -85.8% | +300.0% | -64.7% | +300.0% | +119.8% | +94.3% | -47.1% | -58.5% | -2.2% |
| Variação de Ações (anual) | | -6.3% | -8.2% | -3.7% | -0.3% | +7.4% | +3.1% | -5.2% | -3.5% | -1.0% |
| Crescimento FCF (anual) | | +10.1% | +0.1% | +0.4% | +10.5% | -17.8% | +9.0% | +11.1% | -1.7% | +23.6% |
| Margem Bruta | 38.8% | 35.8% | 39.8% | 43.2% | 57.4% | 77.4% | 82.0% | 64.7% | 52.7% | 99.6% |
| Margem Operacional | 11.8% | 7.4% | 4.8% | 2.6% | 7.4% | 24.5% | 35.2% | 17.4% | 7.0% | 60.8% |
| Margem EBITDA | 11.9% | 7.6% | 5.1% | 3.0% | 8.1% | 25.2% | 35.7% | 17.6% | 7.2% | 60.8% |
| Margem Líquida | 6.9% | 0.9% | 3.8% | 1.6% | 8.0% | 17.7% | 26.1% | 12.9% | 4.9% | 4.5% |
| Margem FCF | 46.2% | 49.5% | 55.2% | 62.5% | 88.0% | 73.3% | 64.8% | 67.4% | 59.3% | 67.4% |
| Taxa Efetiva de Imposto | 41.0% | 88.3% | 20.5% | 41.0% | -7.7% | 27.7% | 26.0% | 25.8% | 30.0% | 31.0% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $6.72 | $7.90 | $8.61 | $8.98 | $9.95 | $7.61 | $8.04 | $9.41 | $9.59 | $11.97 |
| Dividendo por Ação | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Ações em Circulação (Básicas) | $24.4M | $22.7M | $22.0M | $22.4M | $22.6M | $22.6M | $21.0M | $20.9M | $21.3M | $21.9M |
O que olhar em Serviços Financeiros
Asset managers, brokers, fintech, bolsas. Não são bancos — olha AUM, comissões e qualidade do FCF.
- Crescimento receita 5 anos — Sem crescimento, não há criação de valor a longo prazo
- Margem operacional — Bons asset managers têm margens >30% pela escalabilidade
- ROE — Serviços financeiros de qualidade têm ROE >15% consistente
- FCF / Net Income — Qualidade do lucro — >90% esperado em negócios leves em capital
- Dívida / Equity — Fintech e brokers com D/E alto são bombas-relógio em crise
- P/E vs próprio 5 anos — Asset managers têm múltiplos estáveis em intervalos conhecidas
- Dividend yield + buybacks — Estes negócios devolvem muito capital — olhar yield total (div + recompras)
Rentabilidade
| Retorno sobre patrimônio | 6.91% |
| Retorno sobre capital investido | 2.48% |
| Retorno sobre ativos | 0.49% |
| Margem bruta | 73.94% |
| Margem operacional | 34.46% |
| Margem líquida | 4.79% |
Saúde financeira
| Dívida / Patrimônio | 12.56 |
| Liquidez corrente | 0.23 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 0.47 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 4.27 | 24.41 | 4.43 | 14.04 | 4.42 | 5.62 | 2.16 | 4.32 | 12.07 | 10.60 |
| P/VP | 0.67 | 0.51 | 0.34 | 0.37 | 0.72 | 1.57 | 0.81 | 0.71 | 0.79 | 0.66 |
| P/V | 0.30 | 0.22 | 0.17 | 0.22 | 0.35 | 1.00 | 0.56 | 0.56 | 0.59 | 0.48 |
| Margem Bruta | 38.8% | 35.8% | 39.8% | 43.2% | 57.4% | 77.4% | 82.0% | 64.7% | 52.7% | 99.6% |
| Margem Operacional | 11.8% | 7.4% | 4.8% | 2.6% | 7.4% | 24.5% | 35.2% | 17.4% | 7.0% | 60.8% |
| Margem Líquida | 6.9% | 0.9% | 3.8% | 1.6% | 8.0% | 17.7% | 26.1% | 12.9% | 4.9% | 4.5% |