Companhia de Saneamento Básico do Estado de São Paulo SABESP ADR operates within the utilities sector, in the water and wastewater services subsector, with its shares traded on the NYSE under the ticker SBS. The institutional structure was established by the Government of the State of São Paulo, driven by the need to unify sanitation operations, expand supply capacity, and modernize treatment and distribution systems.
Core services include water catchment, treatment, and distribution; wastewater collection and treatment; liquid waste management; operation of integrated sanitation systems; network maintenance; and the execution of infrastructure expansion and modernization projects.
The market footprint is primarily statewide, covering municipalities throughout the State of São Paulo. Some services extend to specific contracts in other regions and selective national technical cooperation initiatives. Operations serve urban, metropolitan, and inland areas, with significant concentration in the São Paulo Metropolitan Region.
Relevant market factors include growing demand for sanitation infrastructure, sector regulatory targets, legal frameworks for universalization, required modernization investments, competitive dynamics in concession processes, tariff variability, and climate impacts on water resources. Federal and state regulatory conditions directly influence cost structures, revenue performance, and long-term planning.
Operational scale encompasses service provision to tens of millions of people, thousands of kilometers of distribution networks, hundreds of operational units, and production and treatment systems distributed across the state. The customer base consists of millions of active accounts among residential, commercial, and industrial users.
The operational structure includes a corporate headquarters in São Paulo; regional management offices; operational centers; treatment plants; pumping stations; and specialized divisions for engineering, operations, maintenance, regulatory affairs, procurement, and contract management. Logistics activities comprise asset management, water resource planning, watershed operations, and integrated network administration.
The operating model includes direct provision of sanitation services, municipal service agreements, operation of integrated systems, and execution of strategic infrastructure projects. Long-term initiatives involve capacity expansion, loss reduction, modernization of automated systems, and implementation of water sustainability programs.
The company’s primary trading ticker is SBS, listed on the NYSE.
History and Foundation
Founded in 1973 in the State of São Paulo, with the initial objective of centralizing and modernizing water supply and wastewater systems, which were previously fragmented across municipal and state entities.
Early operational years presented challenges related to system integration, process standardization, and expansion of treatment capacity. Initial achievements included network expansion, commissioning of new facilities, and consolidation of an integrated sanitation model for major urban centers.
Expansion progressed through service extension to new municipalities, construction of large-scale systems, modernization of treatment units, and adoption of technologies for monitoring and loss reduction. Operational growth was also supported by continuous investment in the São Paulo Metropolitan Region.
Key milestones include the initial public offering (IPO) conducted in 2002 on the NYSE, followed by successive investment cycles focused on modernization, system expansion, and strengthening of regional operations.
Between 2020 and 2024, relevant factors included regulatory revisions under the national sanitation framework, operational efficiency initiatives, climate-related events affecting reservoirs, new universalization requirements, shareholder structure changes linked to privatization processes, and technological advancements applied to water management.
Additional Information
The Company Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADR (United States), is listed on Nasdaq with a market value of $ 16.81 Billions, having an equity of $ 7.96 Billions.
The Company is listedthe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 8.44 Billions, which generated a profit in the amount of $ 2.26 Billions.
As for its main indicators, the Company has a P/E ratio of 7.43, a P/BV ratio of 2.11 and in the last 12 months the dividend yield of SBS was at 2.59%.
The Company is traded internationally through the ticker SBS.