Cosan (CSAN) Operating Margin (2019 - 2025)

Cosan (CSAN) posted quarterly Operating Margin of 31.89% for Q4 2025, up 518.0% year-over-year from 5.16% in Q4 2024, and up 26.99% quarter-over-quarter from 25.12% in Q3 2025.

Cosan (CSAN) Operating Margin (2019 - 2025) Analysis & Trends

Cosan's Operating Margin history runs 7 years deep, the most recent figure standing at 31.89% for Q4 2025.

  • In Q4 2025, Operating Margin rose 518.0% year-over-year to 31.89%; the TTM figure through Dec 2025 stood at 25.99% (up 879.0% YoY), while the FY2025 annual figure was 25.89%, up 840.0% from the prior year.
  • Operating Margin for Q4 2025 stood at 31.89%, up from 25.12% in the prior quarter.
  • The five-year high for Operating Margin was 4605.74% in Q4 2021, with the low at 35.95% in Q4 2022.
  • The 5-year median for Operating Margin is 20.25% (2023), against an average of 248.58%.
  • The sharpest annual moves came in 2021 and 2022: Operating Margin soared 459219 bps in 2021, then tumbled 464170 bps in 2022.
  • Cosan's Operating Margin stood at 4605.74% in 2021, then tumbled by 101 bps to 35.95% in 2022, then jumped by 89 bps to 3.91% in 2023, then soared by 782 bps to 26.71% in 2024, then advanced by 19 bps to 31.89% in 2025.
  • Business Quant data shows CSAN's Operating Margin at 31.89% in Q4 2025, 25.12% in Q3 2025, and 24.68% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Marathon Petroleum 96.50 Bn 88.73 Bn 9.27 Bn 13.99%
2 Valero Energy 94.93 Bn 87.06 Bn 5.47 Bn 11.68%
3 Phillips 66 89.73 Bn 85.63 Bn 8.38 Bn -74.35%
4 HF Sinclair 15.45 Bn 13.18 Bn 1.57 Bn 11.24%
5 Sunoco 10.12 Bn 9.34 Bn 1.46 Bn 4.09%
6 PBF Energy 8.17 Bn 7.28 Bn 1.15 Bn 10.89%
7 Cosan 6.46 Bn 1.35 Bn 552.94 Mn 31.89%
8 Ultrapar Holdings 6.38 Bn 4.66 Bn 603.08 Mn 10.42%
9 Icahn Enterprises 5.06 Bn 3.09 Bn 198.00 Mn -102.66%
10 Delek US Holdings 3.93 Bn 3.30 Bn 365.10 Mn 7.40%

Historic Data

Download Data
DateValue
Dec 31, 2025 31.89%
Sep 30, 2025 25.12%
Jun 30, 2025 24.68%
Mar 31, 2025 22.09%
Dec 31, 2024 26.71%
Sep 30, 2024 20.74%
Jun 30, 2024 1.49%
Mar 31, 2024 20.01%
Dec 31, 2023 -3.91%
Sep 30, 2023 72.67%
Jun 30, 2023 18.74%
Mar 31, 2023 20.49%
Dec 31, 2022 -35.95%
Sep 30, 2022 39.58%
Jun 30, 2022 15.75%
Mar 31, 2022 13.32%
Dec 31, 2021 4,605.74%
Sep 30, 2021 17.55%
Jun 30, 2021 17.97%
Mar 31, 2021 16.85%