10 Most Profitable Utility Stocks to Buy Now

5. Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR)

Net Profit Margin: 25.83%

Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) is responsible for the generation, transmission, and marketing of electricity in Brazil. The business runs a variety of nuclear, thermal, hydro, and wind generating facilities across the country. Administration activities primarily represent the company’s cash management, the management of the mandatory loan, the management of business in SPEs, and other activities. Its segments include Generation, which involves the generation of electric energy, the sale of energy to distribution companies and free consumers, and commercialization. The stock went up by more than 11% YTD, and the net profit margin increased by 25.83%, making it one of the Best Utility Stocks. 

Centrais Elétricas Brasileiras S.A. – Eletrobrás (NYSE:EBR) has embarked on a new phase of development after its privatization was approved, emphasizing customer trust, disciplined management, and great performance. The firm achieved a 50% reduction in mandatory loan provisions, from BRL26 billion to BRL13.6 billion, showing significant progress in financial management. A record BRL4 billion dividend payout was announced, pointing to better financial outcomes. A unified structure and improved risk management let it reach 700 free energy clients, thus growing its customer base.

The business has made significant investments in energy infrastructure, including BRL14 billion for new projects, including Transnorte Energia and the Coxilha Negra wind farm. As part of its restructuring efforts, Eletrobras hired 2,100 new workers and cut operational expenses to BRL6.784 billion.