Indicadores de rentabilidade: um comparativo entre as empresas do Novo Mercado e Mercado Tradicional

Abstract

This study aimed to analyze the profitability indexes of New Market segment listed in B3 (Brasil, Bolsa, Balcão) compared to Traditional Market. As an environment in which operations and services offered by financial institutions proceed, the financial market allows flow of monetary resources between economic agents. Profitability indicators assess the results of companies, showing the degree of remuneration. The sample consisted of 229 companies from 2018, with 99 (44.1%) participating in Traditional Market and 130 (53.9%) in New Market. Descriptive statistics and differences between groups were performed. When using EBITDA Margin as a performance indicator, it was found that there is a statistically significant difference in the level of indebtedness of companies, denoting that companies in New Market generate more resources on their operations. The descriptive analysis was positive in all indicators for the New Market, with exception of Return on Equity (ROE), which performed better than Traditional Market, which can be justified by the permanence of companies with Negative Equity. The fore, conclude that companies that participate in New Market have better profitability indexes.