| Season: | 1934 |
| Manager: |  Rubens Sales |
| Mgrtitle: | Manager |
| Chairman: | Edgard de Souza Aranha |
| Chrtitle: | Chairman |
| League: | Campeonato Paulista |
| League Result: | Runners-up |
| Prevseason: | 1933 |
| Nextseason: | 1935 |
The 1934 football season was São Paulo's 5th season since the club's founding in 1930.
| Games played | 33 (14 Campeonato Paulista, 19 Friendly match) |
| Games won | 23 (10 Campeonato Paulista, 13 Friendly match) |
| Games drawn | 4 (3 Campeonato Paulista, 1 Friendly match) |
| Games lost | 6 (1 Campeonato Paulista, 5 Friendly match) |
| Goals scored | 81 |
| Goals conceded | 42 |
| Goal difference | +39 |
| Best result | 9–1 (H) v Sírio - Campeonato Paulista - 1934.4.1 |
| Worst result | 0–3 (A) v Vasco da Gama - Friendly match - 1934.3.11 |
| Top scorer | |