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Braskem S.A.

BAKBasic MaterialsNASDAQ

Chemicals · Last scanned May 30, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$70.72B
-8.6% YoY
Net Income
-$9.88B
+12.7% YoY
EBITDA
$7.08B
+196.4% YoY
Free Cash Flow
-$6.89B

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About Braskem S.A.

Braskem S.A., together with its subsidiaries, engages in the manufacture, sale, import, and export of chemicals, petrochemicals, and fuels in Brazil. At a $1.66B market cap, Braskem S.A. ranks as a small-cap company within basic materials. It produces and sells polyethylene (PE), polypropylene, tertiary-butyl ethyl ether, gasoline, benzene, toluene, xylene, ethylene, propylene, polyvinyl chloride, caustic soda, butadiene, cumene, naphtha, solvents, and condensate; thermoplastic resins; and basic petrochemicals.

Key stats
Market Cap$1.66B
Fwd P/E-7.76
EPS$-4.51
Beta0.60
52W Change+14.0%
Analysis

Braskem S.A. carries $67.65B in total debt against $6.05B in cash reserves — debt is roughly 11.2x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$6.89B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROA of 0.1% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $96.52B (2022) to $70.72B (2025), a 27% decline worth watching.

The relatively low beta of 0.60 suggests BAK is a less volatile holding compared to the broader index. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Braskem S.A. and its sector.

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