Private company

BRF S.A.

BRF S.A. is a meat packing plants company.1

Last updated Oct 21, 2026.

Overview

61.4BRevenue, fiscal 20242
3.7BNet income, fiscal 20242
  • IndustryMeat Packing Plants1
  • HeadquartersD51
  • Incorporated inBrazil3
  • Business addressAv Das Nacoes Unidas 14401 22Nd-25Th, Floors Torre A2 Vila Gertrudes 04794-000, Sao Paulo3
  • Filer categoryLarge accelerated filer3

2024, Marfrig and its affiliates acquired the beneficial ownership of a significant percentage of our common shares in the open market.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in BRL, the currency the company reports in.

Key numbers, fiscal 2024

25.8%Gross margin2
6.0%Net margin2
14.5%Revenue growth, 20242
22.4%Return on equity2
1.18×Debt to equity2
10.0B BRLFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue74¢45.5B BRL
  • Research and development0¢66.1M BRL
  • Other costs12¢7.1B BRL
  • Interest6¢3.6B BRL
  • Income tax2¢1.4B BRL
  • Profit6¢3.7B BRL

Out of 61.4B BRL in revenue.2

Where each dollar of operating cash went, fiscal 2024

  • Capital spending8¢809.8M BRL
  • Kept or used elsewhere92¢10.0B BRL

Out of 10.8B BRL of cash from operations.2

Financial statements

Revenue56789261.4B BRL in 2024+117% since 2017
020.0B BRL40.0B BRL60.0B BRL80.0B BRL2017: 28.3B BRL28.3B BRL20172018: 30.2B BRL30.2B BRL2018+7%2019: 33.4B BRL33.4B BRL2019+11%2020: 39.5B BRL39.5B BRL2020+18%2021: 48.3B BRL48.3B BRL2021+22%2022: 53.8B BRL53.8B BRL2022+11%2023: 53.6B BRL53.6B BRL2023−0%2024: 61.4B BRL61.4B BRL2024+14%
Gross profit56789215.8B BRL in 2024+177% since 2017
05.0B BRL10.0B BRL15.0B BRL20.0B BRL2017: 5.7B BRL5.7B BRL20172018: 4.9B BRL4.9B BRL2018−15%2019: 8.0B BRL8.0B BRL2019+63%2020: 9.0B BRL9.0B BRL2020+13%2021: 9.7B BRL9.7B BRL2021+8%2022: 8.1B BRL8.1B BRL2022−16%2023: 8.8B BRL8.8B BRL2023+9%2024: 15.8B BRL15.8B BRL2024+79%
Operating income10-206.3M BRL in 2018
-250.0M BRL0250.0M BRL500.0M BRL750.0M BRL2017: 663.2M BRL663.2M BRL20172018: -206.3M BRL-206.3M BRL2018
Net income5678923.7B BRL in 2024
-5.0B BRL-2.5B BRL02.5B BRL5.0B BRL2017: -1.1B BRL-1.1B BRL20172018: -4.5B BRL-4.5B BRL2018+306%2019: 162.5M BRL162.5M BRL20192020: 1.5B BRL1.5B BRL2020+838%2021: 437.4M BRL437.4M BRL2021−71%2022: -3.1B BRL-3.1B BRL20222023: -1.9B BRL-1.9B BRL2023−41%2024: 3.7B BRL3.7B BRL2024
Fiscal year20172018201920202021202220232024
Revenue28.3B BRL530.2B BRL633.4B BRL739.5B BRL848.3B BRL953.8B BRL253.6B BRL261.4B BRL2
Cost of revenue38.7B BRL945.7B BRL244.8B BRL245.5B BRL2
Gross profit5.7B BRL54.9B BRL68.0B BRL79.0B BRL89.7B BRL98.1B BRL28.8B BRL215.8B BRL2
Research and development48.0M BRL266.1M BRL2
Selling, general and admin6.1B BRL8
Operating income663.2M BRL10-206.3M BRL10
Interest3.3B BRL93.6B BRL24.1B BRL23.6B BRL2
Income before tax-34.8M BRL9-2.8B BRL2-2.0B BRL25.0B BRL2
Income tax-552.1M BRL9285.6M BRL2-115.9M BRL21.4B BRL2
Net income-1.1B BRL5-4.5B BRL6162.5M BRL71.5B BRL8437.4M BRL9-3.1B BRL2-1.9B BRL23.7B BRL2
Earnings per share-1 BRL/shares5-5 BRL/shares61 BRL/shares72 BRL/shares81 BRL/shares9-3 BRL/shares2-1 BRL/shares22 BRL/shares2
Earnings per share (diluted)-1 BRL/shares5-5 BRL/shares61 BRL/shares72 BRL/shares81 BRL/shares9-3 BRL/shares2-1 BRL/shares22 BRL/shares2
Shares (weighted, basic)807.7M shares91.1B shares21.4B shares21.7B shares2
Shares (weighted, diluted)807.7M shares91.1B shares21.4B shares21.7B shares2

Compare BRF S.A. with another company

Corporate structure

BRF S.A. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of BRF S.A.

  • PUBLIC INVESTMENT FUND Filed SCHEDULE 13D/A on BRF S.A., latest Jan 5, 2026 (3 filings since Sep 21, 2023)
  • MARFRIG GLOBAL FOODS S.A. Filed SCHEDULE 13D/A on BRF S.A., latest May 22, 2025 (8 filings since Oct 25, 2021)
  • BlackRock Filed SC 13G/A on BRF S.A., latest Mar 8, 2023 (4 filings since Feb 3, 2022)
  • BRF S.A. D5

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What BRF S.A. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net15.1B BRL2 Dec 31, 202414.6B BRL2 Dec 31, 2023+3.1%
Operating-lease assets (leased space)3.2B BRL2 Dec 31, 20243.1B BRL2 Dec 31, 2023+2.5%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net129.3M BRL2 Dec 31, 202497.9M BRL2 Dec 31, 2023+32.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents11.2B BRL2 Dec 31, 20249.3B BRL2 Dec 31, 2023+20.5%
Long-term investments323.8M BRL2 Dec 31, 2024320.0M BRL2 Dec 31, 2023+1.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill3.8B BRL2 Dec 31, 20243.4B BRL2 Dec 31, 2023+11.2%

Inventory

ItemLatestA year beforeChange
Inventory, total6.7B BRL2 Dec 31, 20246.6B BRL2 Dec 31, 2023+1.5%

Former names

  • BRF-BRASIL FOODS S.A.Jul 9, 2009 to May 20, 20133
  • PERDIGAO SAFeb 11, 2002 to Jul 8, 20093

Filings

394 filings to the SEC since October 2021: 4 annual reports, 15 large holders, 375 other. The latest 20:

  1. Jan 5, 2026SCHEDULE 13D/A EDGAR
  2. Oct 3, 202515-12G EDGAR
  3. Sep 26, 2025SCHEDULE 13D/A EDGAR
  4. Sep 23, 20256-K EDGAR
  5. Sep 23, 20256-K EDGAR
  6. Sep 19, 20256-K EDGAR
  7. Sep 9, 20256-K EDGAR
  8. Sep 5, 20256-K EDGAR
  9. Aug 29, 20256-K EDGAR
  10. Aug 22, 20256-K EDGAR
  11. Aug 22, 20256-K EDGAR
  12. Aug 15, 20256-K EDGAR
  13. Aug 13, 20256-K EDGAR
  14. Aug 8, 20256-K EDGAR
  15. Aug 6, 20256-K EDGAR
  16. Aug 6, 20256-K EDGAR
  17. Aug 5, 20256-K EDGAR
  18. Aug 4, 20256-K EDGAR
  19. Jul 17, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  20. Jul 14, 20256-K EDGAR

The 394 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How BRF S.A. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBRF S.A.1
  • CIK0001122491
  • Filer statusLarge accelerated filer not an emerging growth company; a shell company4
  • Incorporated inD54
  • Fiscal year endsDecember 311
  • Industry code (SIC)2011 Meat Packing Plants1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business addressAv Das Nacoes Unidas 14401 22Nd-25Th, Floors Torre A2 Vila Gertrudes 04794-000, Sao Paulo, Sao Paulo, Brazil1
  • Phone5511232253771
  • Shares outstanding1,682,473,246 shares as of Dec 31, 20244
  • AuditorGrant Thornton Auditores Independentes Ltda., São Paulo, Brazil PCAOB ID 5270; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceFeb 11, 20021
  • Filings2,053 in all: 6-K (1,746), 6-K/A (126), CB/A (33), SC 13D/A (26), 20-F (24), CORRESP (13), UPLOAD (11), SC 13G/A (9)1
    All 35 form types

    IRANNOTICE (6), SC 13D (6), SC TO-C (6), SC 13G (5), 424B3 (4), SC TO-T/A (4), EFFECT (3), SCHEDULE 13D/A (3), 20-F/A (2), 25-NSE (2), 424B2 (2), 424B5 (2), 8-A12B (2), CB (2), F-3/A (2), F-3ASR (2), F-6 (2), 15-12G (1), 424B4 (1), 8-A12B/A (1), CERTNYS (1), CT ORDER (1), F-3 (1), F-6EF (1), F-X (1), NT 20-F (1), SC TO-T (1)

  • Latest filingsAnnual report (20-F) Apr 30, 2025

Securities registered for trading

ClassSymbolExchange
American Depositary SharesBRFSNew York Stock Exchange

From the cover page of the 20-F filed Apr 30, 2025 (Section 12(b) of the Exchange Act).4