Metal Leve (LEVE3) posted net income of R$ 157.5 mi in 3Q26, down 15.9% from 3Q25, when the result was R$ 187.3 mi. Net revenue was R$ 1,410.3 mi, a decline of 2.4% from R$ 1,445.3 mi in the same quarter of 2025. The net margin was 11.2%.
EBITDA (earnings before interest, taxes, depreciation and amortization) totaled R$ 286 mi, with a margin of 20.3%, versus R$ 309.8 mi and 21.4% in 3Q25. EBIT (earnings before financial result and taxes) was R$ 254.1 mi, with a margin of 18%. Gross profit was R$ 402.5 mi, with a margin of 28.5%. The financial result was negative R$ 17.3 mi, compared with an expense of R$ 6.7 mi in 3Q25.
In the 9M26 cumulative period, net income reached R$ 531.3 mi, up 12.4% from R$ 472.8 mi in 9M25. Net revenue totaled R$ 3,998.9 mi, down 2%. According to the company, the appreciation of the real against the dollar and the euro put pressure on revenue converted into reais. By market, domestic Original Equipment grew 2%, Original Equipment exports were stable (0%) and the Aftermarket (replacement) fell 7.4%. EBITDA for the period was R$ 812.7 mi, with a margin of 20.3%.
Net debt was R$ 848.4 mi on September 30, 2026, versus R$ 998.4 mi on December 31, 2025. The net debt/adjusted EBITDA ratio was 0.82x, versus 0.96x.
On November 10, 2026, the Board of Directors approved JCP (Interest on Equity) of R$ 103.9 mi gross, or R$ 0.7669449905 per share (R$ 0.6519032419 net), referring to January 1 to September 30, 2026. The ex-date is November 16, and payment takes place on December 18, 2026. On November 11, the company also gave notice that it will exercise the call option that will raise its stake in Arco Climatização to 70% of the capital.
Is LEVE3 worth investing in?
- Price
- R$ 31.39
- as of 11/10/2026
- Dividend yield
- 9.08 %
- P/L
- 6.10
- P/VPA
- 4.41
