TIMB
TIM S.A.
NYSEUSDEQUITY
Communication Services
DELAYED
Neutral
-5/100
Last price
18.98
▼ 0.32 (1.66%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
19.00
Prev close
19.30
Day high
19.78
Day low
18.90
Volume
1.01M
Market cap
$9.02B
P/E (TTM)
11.37
52W range
17.14 – 28.22
Day trading desk
Gap from prior close
-1.55%
Prior close 19.30
VWAP
19.12
-0.72% from price
Relative volume
4.91×
Unusually busy
Session range
10.01%
17.98 – 19.78
Position in range
56%
Mid range
ATR (14D)
0.61
3.20% of price
Prior day high
20.18
PDH
Prior day low
19.30
PDL
Bid / ask spread
—
Quote not published
Session volume
2.73M
Avg 555.48K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+6.27%
+4.3%
1M
+2.98%
+1.8%
3M
-12.70%
-17.2%
6M
-27.11%
-45.3%
YTD
-2.42%
-16.7%
1Y
-14.04%
-30.5%
3Y
+27.38%
-54.9%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on TIMB open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
0
Total on file
Fundamentals
Market cap$9.02B
Enterprise value$21.04B
Revenue (TTM)$27.40B
Gross profit$14.95B
EBITDA$11.37B
Net income$4.33B
EPS (TTM)$1.67
Free cash flow$4.42B
Total cash$4.53B
Total debt$16.50B
Book value / share$10.06
Shares outstanding475.05M
Float477.48M
Short % of float2.03%
Dividend yield8.16%
Beta (5Y)0.09
Valuation & profitability ratios
Trailing P/E11.37
Forward P/E9.26
PEG ratio1.47
Price / sales—
Price / book1.89
EV / revenue0.77
EV / EBITDA1.85
Gross margin54.57%
Operating margin24.66%
Profit margin15.78%
Return on equity17.25%
Return on assets7.75%
Debt / equity65.95
Current ratio0.85
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $26.62B | $25.45B | $23.83B | $21.53B | +4.6% |
| Operating revenue | $40.28B | $36.73B | $33.53B | $29.71B | +9.7% |
| Cost of revenue | $12.27B | $11.89B | $11.50B | $10.66B | +3.1% |
| Gross profit | $14.36B | $13.55B | $12.34B | $10.87B | +5.9% |
| Selling, general & admin | $5.17B | $5.26B | $5.21B | $5.10B | -1.8% |
| Total operating expense | $7.71B | $7.72B | $7.50B | $7.40B | -0.2% |
| Operating income | $6.65B | $5.83B | $4.83B | $3.48B | +14.1% |
| Net interest income | -$1.52B | -$1.98B | -$1.57B | -$1.63B | +23.3% |
| Pre-tax income | $4.56B | $3.62B | $3.18B | $1.72B | +25.9% |
| Tax provision | $248.03M | $468.58M | $346.61M | $50.15M | -47.1% |
| Net income | $4.31B | $3.15B | $2.84B | $1.67B | +36.7% |
| Net income to common | $4.31B | $3.15B | $2.84B | $1.67B | +36.7% |
| Basic EPS | 8.95 | 6.50 | 5.85 | 3.45 | +37.7% |
| Diluted EPS | 8.95 | 6.50 | 5.85 | 3.45 | +37.7% |
| EBIT | $6.85B | $5.96B | $5.29B | $3.31B | +14.9% |
| EBITDA | $13.93B | $12.99B | $12.41B | $10.14B | +7.2% |
| Basic shares | 482.71M | 483.97M | 484.14M | 484.16M | -0.3% |
| Diluted shares | 482.86M | 484.04M | 484.15M | 484.16M | -0.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $3.61B | $3.26B | $3.08B | $2.55B | +10.8% |
| Cash & short-term investments | $5.88B | $5.69B | $5.04B | $4.74B | +3.4% |
| Accounts receivable | $4.90B | $4.68B | $3.71B | $3.42B | +4.8% |
| Inventory | $357.20M | $293.53M | $331.78M | $236.12M | +21.7% |
| Total current assets | $13.46B | $12.66B | $11.40B | $10.36B | +6.3% |
| Property, plant & equipment | $23.17B | $22.82B | $22.41B | $22.66B | +1.6% |
| Goodwill & intangibles | $14.59B | $14.85B | $15.63B | $16.42B | -1.8% |
| Total assets | $56.94B | $56.33B | $55.26B | $56.41B | +1.1% |
| Total current liabilities | $15.20B | $12.83B | $12.88B | $13.12B | +18.5% |
| Current debt | $925.63M | $348.35M | $1.27B | $1.26B | +165.7% |
| Long-term debt | $1.85B | $2.69B | $2.50B | $3.70B | -31.0% |
| Total debt | $16.54B | $15.61B | $16.03B | $17.80B | +6.0% |
| Total liabilities | $32.96B | $29.92B | $29.24B | $31.01B | +10.2% |
| Shareholder equity | $23.98B | $26.40B | $26.02B | $25.40B | -9.2% |
| Working capital | -$1.74B | -$164.32M | -$1.48B | -$2.75B | -957.1% |
| Net tangible assets | $9.38B | $11.55B | $10.39B | $8.98B | -18.7% |
| Shares issued | 2.39B | 2.42B | 2.42B | 2.42B | -1.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $4.56B | $3.62B | $3.18B | $1.72B | — | +25.9% |
| Depreciation & amortisation | $7.08B | $7.03B | $7.12B | $6.83B | — | +0.7% |
| Stock-based compensation | $17.00M | $22.35M | -$24.29M | $6.80M | — | -24.0% |
| Change in working capital | -$925.60M | -$1.16B | -$41.14M | -$1.86B | — | +20.0% |
| Operating cash flow | $13.44B | $12.33B | $12.42B | $9.16B | — | +9.0% |
| Capital expenditure | -$4.54B | -$4.55B | -$4.50B | -$4.73B | — | +0.2% |
| Investing cash flow | -$3.56B | -$4.95B | -$4.68B | -$8.35B | — | +28.1% |
| Share buybacks | -$748.27M | -$45.00M | -$2.82M | — | -$11.07M | -1,562.7% |
| Dividends paid | -$5.36B | -$2.72B | -$2.17B | -$1.20B | — | -97.1% |
| Financing cash flow | -$9.53B | -$7.20B | -$7.21B | -$3.49B | — | -32.4% |
| Free cash flow | $8.90B | $7.78B | $7.92B | $4.43B | — | +14.4% |
| End cash position | $3.61B | $3.26B | $3.08B | $2.55B | — | +10.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $6.97B | $6.81B | $6.92B | $6.71B | $6.60B | — | +2.3% |
| Operating revenue | $6.97B | $10.71B | $10.69B | $6.71B | $6.60B | — | -35.0% |
| Cost of revenue | $3.11B | $3.24B | $3.07B | $3.03B | $3.09B | — | -4.1% |
| Gross profit | $3.86B | $3.56B | $3.85B | $3.69B | $3.51B | — | +8.2% |
| Selling, general & admin | $2.09B | $1.30B | $1.27B | $1.93B | $1.92B | — | +60.9% |
| Total operating expense | $2.14B | $1.99B | $1.92B | $1.93B | $1.94B | — | +7.4% |
| Operating income | $1.72B | $1.57B | $1.93B | $1.76B | $1.57B | — | +9.1% |
| Net interest income | -$562.44M | -$548.54M | -$365.65M | -$462.66M | -$322.71M | — | -2.5% |
| Pre-tax income | $1.13B | $984.66M | $1.47B | $1.22B | $1.17B | — | +15.0% |
| Tax provision | $162.44M | $167.57M | $140.58M | $12.99M | $198.41M | — | -3.1% |
| Net income | $969.57M | $817.09M | $1.33B | $1.21B | $975.39M | — | +18.7% |
| Net income to common | $969.57M | $817.09M | $1.33B | $1.21B | $975.39M | — | +18.7% |
| Basic EPS | 2.05 | 1.70 | — | 2.50 | — | 1.65 | +20.6% |
| Diluted EPS | 2.05 | 1.70 | — | 2.50 | 2.00 | 1.65 | +20.6% |
| EBIT | $2.64B | $1.62B | $2.06B | $2.05B | $1.96B | — | +62.8% |
| EBITDA | $4.44B | $3.36B | $3.84B | $3.82B | $3.74B | — | +32.1% |
| Basic shares | 477.73M | 477.73M | — | 483.08M | — | 484.15M | 0.0% |
| Diluted shares | 477.73M | 477.86M | — | 483.08M | 487.69M | 484.17M | -0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $2.68B | $4.02B | $3.61B | $3.67B | $2.99B | — | -33.4% |
| Cash & short-term investments | $4.53B | $5.87B | $5.88B | $6.53B | $5.47B | — | -22.8% |
| Accounts receivable | $4.96B | $5.17B | $4.90B | $5.01B | $5.34B | — | -4.1% |
| Inventory | $427.51M | $387.48M | $357.20M | $353.44M | $358.23M | — | +10.3% |
| Total current assets | $12.39B | $14.09B | $13.46B | $14.09B | $13.46B | — | -12.0% |
| Property, plant & equipment | $24.28B | $23.25B | $23.17B | $23.11B | $23.25B | — | +4.4% |
| Goodwill & intangibles | $15.48B | $14.75B | $14.59B | $14.52B | $14.63B | — | +5.0% |
| Total assets | $57.19B | $57.80B | $56.94B | $57.37B | $56.95B | — | -1.0% |
| Total current liabilities | $14.60B | $15.38B | $15.20B | $14.68B | $14.86B | — | -5.1% |
| Current debt | $1.11B | $978.89M | $925.63M | $955.23M | $950.80M | — | +13.3% |
| Long-term debt | $1.54B | $1.85B | $1.85B | $1.90B | $1.96B | — | -16.9% |
| Total debt | $16.50B | $16.74B | $16.54B | $16.36B | $16.22B | — | -1.4% |
| Total liabilities | $32.17B | $33.38B | $32.96B | $32.16B | $31.83B | — | -3.6% |
| Retained earnings | $996.66M | $427.09M | — | $1.68B | $1.27B | $597.62M | +133.4% |
| Shareholder equity | $25.02B | $24.42B | $23.98B | $25.21B | $25.13B | — | +2.4% |
| Working capital | -$2.21B | -$1.30B | -$1.74B | -$592.60M | -$1.40B | — | -70.4% |
| Net tangible assets | $9.53B | $9.67B | $9.38B | $10.70B | $10.49B | — | -1.5% |
| Shares issued | 2.39B | 2.39B | 2.39B | 2.42B | 2.42B | — | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $1.13B | $984.66M | $1.47B | $1.22B | $1.17B | — | +15.0% |
| Depreciation & amortisation | $1.80B | $1.74B | $1.78B | $1.78B | $1.78B | — | +3.3% |
| Stock-based compensation | — | — | $4.18M | $1.07M | — | — | — |
| Change in working capital | -$651.78M | -$777.48M | $352.05M | $15.07M | -$543.21M | — | +16.2% |
| Operating cash flow | $3.12B | $2.67B | $4.27B | $3.70B | $2.97B | — | +16.9% |
| Capital expenditure | -$934.85M | -$1.35B | -$1.35B | -$973.88M | -$881.98M | — | +31.0% |
| Investing cash flow | -$1.73B | -$904.59M | -$184.03M | -$1.24B | -$800.62M | — | -90.9% |
| Share buybacks | — | — | -$392.13M | -$308.23M | -$34.88M | -$13.02M | — |
| Dividends paid | -$1.15B | -$478.15M | -$2.77B | -$961.34M | -$956.33M | — | -141.2% |
| Financing cash flow | -$2.73B | -$1.35B | -$4.15B | -$1.78B | -$2.02B | — | -102.4% |
| Free cash flow | $2.18B | $1.31B | $2.92B | $2.73B | $2.09B | — | +66.2% |
| End cash position | $2.68B | $4.02B | $3.61B | $3.67B | $2.99B | — | -33.4% |
Options analytics
Put / call volume
7.00
Put-heavy session
Put / call open interest
0.35
Positioning, not flow
Max pain
17.50
-7.8% from spot
ATM implied vol
69.5%
Nearest strike to spot
Skew (10% OTM)
+8.2%
Puts bid over calls
Call volume
1
Contracts, this expiry
Put volume
7
Contracts, this expiry
Heaviest call OI
17.50
50 contracts
Heaviest put OI
17.50
18 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.47 | 0.42 | -10.1% |
| Mar 2026 | 0.38 | 0.35 | -10.1% |
| Dec 2025 | 0.42 | 0.54 | +26.8% |
| Sep 2025 | 0.41 | 0.47 | +14.5% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.50 | 3 | $7.06B | +5.2% |
| Next quarter | 0.57 | 3 | $7.25B | +4.8% |
| Current year | 1.76 | 5 | $28.03B | +5.3% |
| Next year | 2.05 | 4 | $29.23B | +4.3% |
Analyst targets & ownership
Mean target$24.24
High target$28.50
Low target$21.40
Implied upside27.72%
Analyst count8
ConsensusHOLD
Strong buy / Buy1 / 1
Hold5
Sell / Strong sell0 / 1
Held by insiders0.00%
Held by institutions4.56%
Institutions holding219
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
18.17
+4.43% from price
SMA 20
18.59
+2.11% from price
SMA 50
18.38
+3.27% from price
SMA 100
20.13
-5.71% from price
SMA 200
22.31
-14.94% from price
EMA 12
18.40
+3.14% from price
EMA 26
18.48
+2.70% from price
EMA 50
18.92
+0.30% from price
RSI (14)
55.8
Neutral
MACD (12,26,9)
-0.08
Hist 0.06
ATR (14)
0.61
3.20% of price
Realised vol 30D
32.0%
Annualised
Bollinger upper
19.73
20, 2σ
Bollinger lower
17.44
20, 2σ
50 / 200 cross
Death
18.38 vs 22.31
Trend bias
Below 200
-14.94%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.60
Less volatile than market
Correlation to SPY
0.23
Largely independent
Realised vol 30D
32.0%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-38.2%
Peak to trough
Max drawdown 5Y
-40.0%
Peak to trough
ATR 14
0.61
3.20% of price
Beta (reported)
0.09
5Y monthly, from filing
Short interest
Shares short
3.01M
Prior 3.20M
Change vs prior
-6.0%
Shorts covering
% of float
2.03%
Normal
% of shares out
0.63%
Against total outstanding
Days to cover
5.5
Crowded exit
Float
477.48M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 10, 26 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| May 27, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| May 8, 26 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| May 6, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| Apr 15, 26 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| Mar 30, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| Mar 2, 26 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| Jan 21, 26 | Citigroup | DOWNGRADE | Buy | Neutral |
| Nov 19, 25 | Jefferies | DOWNGRADE | Buy | Hold |
| Nov 7, 25 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| Nov 5, 25 | Scotiabank | DOWNGRADE | Sector Outperform | Sector Perform |
| Nov 5, 25 | HSBC | UPGRADE | Hold | Buy |
Dividends & splits
Forward rate$1.57 / yr
Forward yield8.16%
5-year avg yield4.98%
Payout ratio88.19%
Ex-dividend dateSep 28, 2026
Next pay dateJan 29, 2027
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-10-05
Corporate Changes & Voting Matters
6-K · 2026-09-28
Corporate Changes & Voting Matters
6-K · 2026-09-21
Corporate Changes & Voting Matters
6-K · 2026-09-18
Corporate Changes & Voting Matters
6-K · 2026-09-11
Corporate Changes & Voting Matters
6-K · 2026-08-20
Corporate Changes & Voting Matters
6-K · 2026-08-10
Corporate Changes & Voting Matters
6-K · 2026-07-29
Headlines
America Movil's Mexico Prepaid Rules Could Reshape Subscriber Trends
Zacks · 57d ago
Is AMX Worth Buying Now as Strong Cash Flow Meets Premium Valuation?
Zacks · 57d ago
AMX Falls 11.1% in 3 Months Amid Brazil Rivalry and Currency Risks
Zacks · 57d ago
TIM Q2 Earnings Call Highlights
MarketBeat · 70d ago
TIM SA (TIMB) Q2 2026 Earnings Call Highlights: Strong Revenue Growth Amid Competitive Challenges
GuruFocus.com · 70d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.