Análise econômico-financeira do setor de distribuição de combustíveis em 2019 a 2024

Abstract

The fuel distribution sector in Brazil is characterized by its high volatility, being sensitive to factors such as the pricing policies that regulated product costs in this market, macroeconomic events, and exchange rate fluctuations. In this context, the present study aims to analyze and compare the economic-financial performance of the main companies in the sector listed on the Brazilian stock exchange (B3) during the period from 2019 to 2024. The study was based on a descriptive and quantitative research methodology, through the analysis of liquidity, leverage, and profitability indicators, in addition to horizontal and vertical analyses applied to the companies' financial statements. It should be noted that the scope of this analysis is limited to publicly available financial statements, whose data may reflect a diversity of segments within the companies and may not be restricted solely to the distribution activity. Therefore, the conclusion is that while operating in the same market, the companies employed distinctly different strategies. This resulted in varied risk-return profiles and showed each company's capacity to adapt to adverse market conditions and specific strategic events.