| Season: | 1954 |
| Manager: |  Jim López Leônidas da Silva |
| Mgrtitle: | Manager |
| Chairman: | Cícero Pompeu de Toledo |
| Chrtitle: | Chairman |
| League: | Torneio Rio-São Paulo |
| League Result: | 4th |
| Cup1: | Campeonato Paulista |
| Cup1 Result: | 4th |
| Prevseason: | 1953 |
| Nextseason: | 1955 |
The 1954 football season was São Paulo's 25th season since club's existence.
| Games played | 64 (9 Torneio Rio-São Paulo, 26 Campeonato Paulista, 29 Friendly match) |
| Games won | 37 (4 Torneio Rio-São Paulo, 14 Campeonato Paulista, 19 Friendly match) |
| Games drawn | 13 (2 Torneio Rio-São Paulo, 5 Campeonato Paulista, 6 Friendly match) |
| Games lost | 14 (3 Torneio Rio-São Paulo, 7 Campeonato Paulista, 4 Friendly match) |
| Goals scored | 111 |
| Goals conceded | 68 |
| Goal difference | +43 |
| Best result | 5–1 (H) v Ypiranga - Campeonato Paulista - 1954.10.01 |
| Worst result | 1–5 (A) v Botafogo - Torneio Rio-São Paulo - 1954.06.26 |
| Most appearances | |
| Top scorer | |