Petróleo Brasileiro S.A. - Petrobras(PBR)Earnings, Financials & Key Ratios
PBR•NYSE
$21.77
$81.01B mkt cap·9.3× P/E·Price updated May 6, 2026
AboutPetróleo Brasileiro S.A. - Petrobras explores for, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production and natural gas processing business. The Corporate and Other Businesses segment produces biodiesel and its co-products, and ethanol; and distributes oil products. Petróleo Brasileiro S.A. - Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.Show more
- Revenue$91.42B-13.4%
- EBITDA$38.17B-32.3%
- Net Income$7.53B-70.7%
- EPS (Diluted)2.34-70.3%
- Gross Margin50.29%-4.6%
- EBITDA Margin41.75%-21.8%
- Operating Margin28.1%-37.5%
- Net Margin8.23%-66.2%
- ROE10.88%-68.5%
- ROIC15.71%-46.1%
- Debt/Equity1.02+28.2%
- Interest Coverage8.08-48.1%
PBR Key Insights
Petróleo Brasileiro S.A. - Petrobras (PBR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 32.6%
- ✓FCF machine: 25.5% free cash flow margin
- ✓Momentum leader: RS Rating 92 (top 8%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy 5Y average net margin of 17.6%
- ✓Trading near 52-week high
✗Weaknesses
- ✗Dividend payout exceeds 100% of earnings
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PBR Price & Volume
Petróleo Brasileiro S.A. - Petrobras (PBR) stock price & volume — 10-year historical chart
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PBR Growth Metrics
Petróleo Brasileiro S.A. - Petrobras (PBR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-4.42%
5 Years3.6%
3 Years2.87%
TTM-11.57%
Profit CAGR
10 Years-
5 Years-5.8%
3 Years-27.65%
TTM-15.77%
EPS CAGR
10 Years-
5 Years42.37%
3 Years-27.26%
TTM33.52%
Return on Capital
10 Years14.83%
5 Years21.8%
3 Years26.08%
Last Year15.41%
PBR Recent Earnings
Petróleo Brasileiro S.A. - Petrobras (PBR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
Mar 5, 2026EPS
$0.72
Est $0.57
+26.3%
Revenue
$23.6B
Est $23.1B
+2.2%
Q4 2025
Nov 6, 2025EPS
$0.82
Est $0.79
+3.8%
Revenue
$23.5B
Est $23.6B
-0.4%
Q3 2025
Aug 8, 2025EPS
$0.64
Est $0.70
-8.6%
Revenue
$21.0B
Est $21.3B
-1.2%
Q2 2025
May 12, 2025EPS
$0.62
Est $0.92
-32.6%
Revenue
$21.1B
Est $22.3B
-5.5%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 5, 2026 | $0.72vs $0.57+26.3% | $23.6Bvs $23.1B+2.2% |
| Q4 2025 | Nov 6, 2025 | $0.82vs $0.79+3.8% | $23.5Bvs $23.6B-0.4% |
| Q3 2025 | Aug 8, 2025 | $0.64vs $0.70-8.6% | $21.0Bvs $21.3B-1.2% |
| Q2 2025 | May 12, 2025 | $0.62vs $0.92-32.6% | $21.1Bvs $22.3B-5.5% |
Based on last 12 quarters of dataView full earnings history →
PBR Peer Comparison
Petróleo Brasileiro S.A. - Petrobras (PBR) competitors in Global and national integrated oil companies — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 XOM | 656.38B | 154.88 | 23.12 | -4.52% | 8.91% | 10.74% | 3.6% | 0.16 |
 CVX | 384.42B | 192.66 | 29.06 | -4.64% | 6.67% | 7.18% | 4.32% | 0.24 |
 SHEL | 253.93B | 89.70 | 14.90 | -5.91% | 6.68% | 9.93% | 8.59% | 0.60 |
 BP | 121.38B | 46.50 | 2279.41 | 0.08% | 1.65% | 4.16% | 9.31% | 1.14 |
 TTE | 208.45B | 93.60 | 16.19 | -6.78% | 8.19% | 12.56% | 5.19% | 0.52 |
 E | 83.09B | 56.50 | 32.10 | -11.14% | 3.3% | 4.82% | 6.28% | 0.73 |
 EC | 29.19B | 14.20 | 12.88 | -16.39% | 7.53% | 8.46% | 15% | 1.00 |
 COP | 150.31B | 123.32 | 19.42 | 7.51% | 12.56% | 11.29% | 11.16% | 0.36 |
Compare PBR vs Peers
Petróleo Brasileiro S.A. - Petrobras (PBR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PBR Income Statement
Petróleo Brasileiro S.A. - Petrobras (PBR) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 81.41B | 77.88B | 84.64B | 76.59B | 53.68B | 83.97B | 124.47B | 105.54B | 91.42B | 86.4B |
| Revenue Growth % | -16.35% | -4.33% | 8.67% | -9.51% | -29.91% | 56.41% | 48.24% | -15.21% | -13.38% | -11.57% |
| Cost of Goods Sold | 55.42B | 51.2B | 52.18B | 45.73B | 29.2B | 43.16B | 59.49B | 49.9B | 45.44B | 44.8B |
| COGS % of Revenue | 68.08% | 65.74% | 61.66% | 59.71% | 54.38% | 51.41% | 47.79% | 47.28% | 49.71% | - |
| Gross Profit | 25.99B▲ 0% | 26.69B▲ 2.7% | 32.45B▲ 21.6% | 30.86B▼ 4.9% | 24.49B▼ 20.6% | 40.8B▲ 66.6% | 64.99B▲ 59.3% | 55.64B▼ 14.4% | 45.97B▼ 17.4% | 41.6B▲ 0% |
| Gross Margin % | 31.92% | 34.26% | 38.34% | 40.29% | 45.62% | 48.59% | 52.21% | 52.72% | 50.29% | 48.15% |
| Gross Profit Growth % | -12.88% | 2.69% | 21.61% | -4.92% | -20.64% | 66.62% | 59.28% | -14.38% | -17.38% | - |
| Operating Expenses | 10.3B | 16.98B | 9.68B | 9.94B | 4.44B | 9.8B | 11.72B | 8.15B | 20.28B | 19.75B |
| OpEx % of Revenue | 12.65% | 21.8% | 11.44% | 12.98% | 8.27% | 11.67% | 9.42% | 7.72% | 22.19% | - |
| Selling, General & Admin | 8.79B | 8.99B | 5.7B | 7.26B | 4.52B | 6.78B | 7B | 6.83B | 9.03B | 8.34B |
| SG&A % of Revenue | 10.8% | 11.54% | 6.74% | 9.48% | 8.41% | 8.08% | 5.63% | 6.47% | 9.88% | - |
| Research & Development | 523M | 572M | 641M | 576M | 355M | 563M | 792M | 746.02M | 789M | 850.61M |
| R&D % of Revenue | 0.64% | 0.73% | 0.76% | 0.75% | 0.66% | 0.67% | 0.64% | 0.71% | 0.86% | - |
| Other Operating Expenses | 983M | 7.42B | 863M | 2.1B | -433M | 2.46B | 3.93B | 578.22M | 10.46B | 4M |
| Operating Income | 15.69B▲ 0% | 9.71B▼ 38.1% | 22.77B▲ 134.6% | 20.92B▼ 8.1% | 20.05B▼ 4.1% | 31B▲ 54.6% | 53.27B▲ 71.8% | 47.49B▼ 10.8% | 25.69B▼ 45.9% | 21.85B▲ 0% |
| Operating Margin % | 19.28% | 12.47% | 26.91% | 27.31% | 37.35% | 36.92% | 42.79% | 45% | 28.1% | 25.29% |
| Operating Income Growth % | 6.72% | -38.13% | 134.56% | -8.15% | -4.15% | 54.62% | 71.82% | -10.84% | -45.91% | - |
| EBITDA | 29.66B | 22.88B | 34.69B | 35.75B | 31.5B | 42.7B | 66.48B | 56.37B | 38.17B | 35.9B |
| EBITDA Margin % | 36.43% | 29.37% | 40.98% | 46.68% | 58.67% | 50.85% | 53.41% | 53.41% | 41.75% | 41.55% |
| EBITDA Growth % | 12.79% | -22.87% | 51.63% | 3.08% | -11.91% | 35.56% | 55.71% | -15.21% | -32.29% | -22.52% |
| D&A (Non-Cash Add-back) | 13.96B | 13.17B | 11.91B | 14.84B | 11.45B | 11.7B | 13.22B | 8.88B | 12.48B | 14.05B |
| EBIT | 2.32B | 7.33B | 16.25B | 18.69B | 5.54B | 33.2B | 56.72B | 42.04B | 14.98B | 24.26B |
| Net Interest Income | -5.46B | -4.8B | -3.79B | -4.86B | -3.93B | -2.97B | -1.71B | -1.4B | -1.68B | -1.95B |
| Interest Income | 549.37M | 603.27M | 560.95M | 560.75M | 278.01M | 316.15M | 1.15B | 1.65B | 1.5B | 1.1B |
| Interest Expense | 6.01B | 5.41B | 4.35B | 5.42B | 4.21B | 3.28B | 2.86B | 3.05B | 3.18B | 3.05B |
| Other Income/Expense | -19.36B | -8.2B | -11.95B | -8.91B | -20.28B | -2.78B | 260M | -10.91B | -14.55B | -1.6B |
| Pretax Income | -3.67B▲ 0% | 1.51B▲ 141.1% | 10.83B▲ 618.4% | 12B▲ 10.9% | -226M▼ 101.9% | 28.23B▲ 12588.9% | 53.52B▲ 89.6% | 36.59B▼ 31.6% | 11.14B▼ 69.5% | 20.25B▲ 0% |
| Pretax Margin % | -4.5% | 1.93% | 12.79% | 15.67% | -0.42% | 33.61% | 43% | 34.66% | 12.19% | 23.43% |
| Income Tax | 684M | 1.7B | 4.26B | 4.2B | -1.17B | 8.24B | 16.77B | 10.78B | 3.54B | 6.21B |
| Effective Tax Rate % | -18.66% | 112.61% | 39.31% | 34.99% | 519.47% | 29.19% | 31.33% | 29.48% | 31.74% | 30.66% |
| Net Income | -4.84B▲ 0% | -91M▲ 98.1% | 7.17B▲ 7982.4% | 10.15B▲ 41.5% | 1.14B▼ 88.8% | 19.88B▲ 1641.9% | 36.62B▲ 84.3% | 25.69B▼ 29.9% | 7.53B▼ 70.7% | 13.96B▲ 0% |
| Net Margin % | -5.94% | -0.12% | 8.47% | 13.25% | 2.13% | 23.67% | 29.42% | 24.34% | 8.23% | 16.15% |
| Net Income Growth % | 42.75% | 98.12% | 7982.42% | 41.52% | -88.76% | 1641.89% | 84.27% | -29.86% | -70.69% | -15.77% |
| Net Income (Continuing) | -4.35B | -190M | 6.57B | 7.8B | 948M | 19.99B | 36.76B | 25.8B | 7.61B | 14.04B |
| Discontinued Operations | 57.73M | 0 | -514M | 2.56B | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 771M | 1.7B | 1.63B | 892M | 528M | 405M | 344M | 392M | 244M | 381M |
| EPS (Diluted) | -0.22▲ 0% | -0.01▲ 97.3% | 0.34▲ 5766.7% | 0.40▲ 17.6% | 0.20▼ 50.0% | 6.08▲ 2940.0% | 11.24▲ 84.9% | 7.88▼ 29.9% | 2.34▼ 70.3% | 2.17▲ 0% |
| EPS Growth % | 31.25% | 97.27% | - | 17.65% | -50% | 2940% | 84.87% | -29.89% | -70.3% | 33.52% |
| EPS (Basic) | -0.22 | -0.01 | 0.34 | 0.40 | 0.03 | 6.08 | 11.24 | 7.88 | 2.34 | - |
| Diluted Shares Outstanding | 6.52B | 6.52B | 6.52B | 6.52B | 6.52B | 3.26B | 3.26B | 3.26B | 3.22B | 6.44B |
| Basic Shares Outstanding | 6.52B | 6.52B | 6.52B | 6.52B | 6.52B | 3.26B | 3.26B | 3.26B | 3.22B | 6.44B |
| Dividend Payout Ratio | - | - | 8.71% | 18.49% | 119.81% | 65.8% | 102.94% | 78.59% | 243.45% | - |
PBR Balance Sheet
Petróleo Brasileiro S.A. - Petrobras (PBR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 44.77B | 47.13B | 37.06B | 27.81B | 27.39B | 30.15B | 31.25B | 32.45B | 21.84B | 28.08B |
| Cash & Short-Term Investments | 21.99B | 24.4B | 14.98B | 8.26B | 12.37B | 11.12B | 10.77B | 15.55B | 7.53B | 11.66B |
| Cash Only | 21.2B | 22.52B | 13.9B | 7.37B | 11.71B | 10.47B | 8B | 12.73B | 3.27B | 8.96B |
| Short-Term Investments | 784M | 1.89B | 1.08B | 888M | 659M | 650M | 2.77B | 2.82B | 4.26B | 2.69B |
| Accounts Receivable | 7.27B | 7.41B | 7.78B | 7.31B | 7.33B | 7.71B | 6.32B | 7.31B | 5.53B | 6.04B |
| Days Sales Outstanding | 32.6 | 34.72 | 33.56 | 34.82 | 49.81 | 33.53 | 18.52 | 25.29 | 22.09 | 22.7 |
| Inventory | 8.47B | 8.49B | 8.99B | 8.19B | 5.68B | 7.25B | 8.78B | 7.68B | 6.71B | 8.7B |
| Days Inventory Outstanding | 55.82 | 60.52 | 62.86 | 65.36 | 70.97 | 61.35 | 53.87 | 56.19 | 53.89 | 63.33 |
| Other Current Assets | 6.87B | 6.75B | 5.31B | 4.06B | 2.02B | 4.06B | 5.38B | 1.91B | 2.06B | 1.68B |
| Total Non-Current Assets | 202.21B | 204.24B | 185.01B | 201.93B | 162.62B | 144.2B | 155.94B | 184.62B | 159.81B | 199.8B |
| Property, Plant & Equipment | 175.47B | 176.65B | 157.38B | 159.26B | 124.2B | 125.33B | 130.17B | 153.42B | 136.28B | 171.56B |
| Fixed Asset Turnover | 0.46x | 0.44x | 0.54x | 0.48x | 0.43x | 0.67x | 0.96x | 0.69x | 0.67x | 0.55x |
| Goodwill | 220M | 218M | 203M | 63M | 24M | 22M | 24M | 25M | 20M | 22M |
| Intangible Assets | 3.05B | 2.12B | 2.6B | 19.41B | 14.92B | 3B | 2.96B | 3.02B | 2.23B | 2.5B |
| Long-Term Investments | 3.14B | 3.86B | 2.81B | 5.56B | 3.32B | 1.55B | 3.13B | 3.77B | 1.24B | 4.48B |
| Other Non-Current Assets | 16.02B | 17.95B | 19.33B | 16.25B | 13.71B | 13.69B | 18.82B | 23.42B | 19.11B | 86.34B |
| Total Assets | 246.98B▲ 0% | 251.37B▲ 1.8% | 222.07B▼ 11.7% | 229.74B▲ 3.5% | 190.01B▼ 17.3% | 174.35B▼ 8.2% | 187.19B▲ 7.4% | 217.07B▲ 16.0% | 181.65B▼ 16.3% | 227.89B▲ 0% |
| Asset Turnover | 0.33x | 0.31x | 0.38x | 0.33x | 0.28x | 0.48x | 0.66x | 0.49x | 0.50x | 0.42x |
| Asset Growth % | 7.14% | 1.77% | -11.66% | 3.45% | -17.29% | -8.24% | 7.37% | 15.96% | -16.32% | 5.48% |
| Total Current Liabilities | 24.9B | 24.95B | 25.05B | 28.82B | 26.23B | 24.18B | 31.38B | 33.86B | 31.46B | 34.29B |
| Accounts Payable | 5.76B | 5.77B | 6.33B | 5.6B | 6.86B | 5.48B | 5.46B | 4.81B | 6.08B | 6.82B |
| Days Payables Outstanding | 37.95 | 41.11 | 44.25 | 44.7 | 85.75 | 46.36 | 33.53 | 35.21 | 48.85 | 50.2 |
| Short-Term Debt | 9.76B | 7B | 3.67B | 4.47B | 4.19B | 3.64B | 3.58B | 4.32B | 2.57B | 2.48B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 3.42B | 6B | 10.16B | 7.75B | 5.79B | 4.89B | 6.68B | 8.52B | 6.93B | 9.09B |
| Current Ratio | 1.80x | 1.89x | 1.48x | 0.97x | 1.04x | 1.25x | 1.00x | 0.96x | 0.69x | 0.69x |
| Quick Ratio | 1.46x | 1.55x | 1.12x | 0.68x | 0.83x | 0.95x | 0.72x | 0.73x | 0.48x | 0.48x |
| Cash Conversion Cycle | 50.47 | 54.13 | 52.16 | 55.47 | 35.03 | 48.52 | 38.86 | 46.27 | 27.13 | 35.83 |
| Total Non-Current Liabilities | 144.53B | 144.92B | 123.84B | 126.71B | 103.91B | 80.36B | 85.97B | 104.23B | 90.83B | 113.7B |
| Long-Term Debt | 108.37B | 102.05B | 80.51B | 58.79B | 49.7B | 32.06B | 26.38B | 24.48B | 20.6B | 25.64B |
| Capital Lease Obligations | 226M | 204M | 162M | 18.12B | 15.95B | 17.61B | 18.29B | 26.6B | 28.61B | 126.42B |
| Deferred Tax Liabilities | 263M | 1.2B | 654M | 1.76B | 195M | 1.23B | 6.75B | 10.91B | 1.47B | 23.11B |
| Other Non-Current Liabilities | 35.67B | 41.47B | 42.52B | 48.03B | 38.06B | 29.46B | 34.56B | 42.24B | 40.16B | 173.57B |
| Total Liabilities | 169.43B | 169.86B | 148.89B | 155.53B | 130.13B | 104.54B | 117.36B | 138.09B | 122.3B | 147.99B |
| Total Debt | 118.37B | 109.28B | 84.36B | 87.12B | 75.54B | 58.74B | 53.8B | 62.6B | 60.31B | 70.71B |
| Net Debt | 97.17B | 86.76B | 70.46B | 79.75B | 63.83B | 48.28B | 45.8B | 49.87B | 57.04B | 61.75B |
| Debt / Equity | 1.53x | 1.34x | 1.15x | 1.17x | 1.26x | 0.84x | 0.77x | 0.79x | 1.02x | 1.02x |
| Debt / EBITDA | 3.99x | 4.78x | 2.43x | 2.44x | 2.40x | 1.38x | 0.81x | 1.11x | 1.58x | 1.97x |
| Net Debt / EBITDA | 3.28x | 3.79x | 2.03x | 2.23x | 2.03x | 1.13x | 0.69x | 0.88x | 1.49x | 1.49x |
| Interest Coverage | 2.61x | 1.80x | 5.23x | 3.86x | 4.76x | 9.45x | 18.63x | 15.57x | 8.08x | 7.96x |
| Total Equity | 77.55B▲ 0% | 81.5B▲ 5.1% | 73.17B▼ 10.2% | 74.22B▲ 1.4% | 59.88B▼ 19.3% | 69.81B▲ 16.6% | 69.84B▲ 0.0% | 78.97B▲ 13.1% | 59.35B▼ 24.8% | 79.9B▲ 0% |
| Equity Growth % | 17.4% | 5.1% | -10.22% | 1.42% | -19.32% | 16.59% | 0.03% | 13.09% | -24.85% | -21.43% |
| Book Value per Share | 11.89 | 12.50 | 11.22 | 11.38 | 9.18 | 21.41 | 21.42 | 24.26 | 18.42 | 12.40 |
| Total Shareholders' Equity | 76.78B | 79.8B | 71.54B | 73.32B | 59.35B | 69.41B | 69.49B | 78.58B | 59.11B | 79.52B |
| Common Stock | 107.1B | 107.1B | 107.1B | 107.1B | 107.1B | 107.1B | 107.1B | 107.1B | 107.1B | 107.1B |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.2B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -30.95B | -27.3B | -35.56B | -33.78B | -47.75B | -37.69B | -37.61B | -28.52B | -47.99B | -40.78B |
| Minority Interest | 771M | 1.7B | 1.63B | 892M | 528M | 405M | 344M | 392M | 244M | 381M |
PBR Cash Flow Statement
Petróleo Brasileiro S.A. - Petrobras (PBR) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 26.11B | 27.11B | 26.35B | 25.6B | 28.89B | 37.79B | 49.72B | 43.21B | 37.98B | 37.98B |
| Operating CF Margin % | 32.08% | 34.81% | 31.14% | 33.43% | 53.82% | 45.01% | 39.94% | 40.94% | 41.55% | - |
| Operating CF Growth % | 0.78% | 3.82% | -2.8% | -2.86% | 12.85% | 30.81% | 31.56% | -13.08% | -12.1% | -69.11% |
| Net Income | -4.35B | 169M | 7.41B | 10.36B | 948M | 19.99B | 36.76B | 25.69B | 7.61B | 13.96B |
| Depreciation & Amortization | 13.93B | 13.25B | 11.78B | 14.84B | 11.45B | 11.7B | 13.22B | 13.28B | 12.48B | 10.33B |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | -913M | 467M | 370M | 2.8B | -4.35B | 7.25B | 16.77B | 909.33M | 3.54B | 6.21B |
| Other Non-Cash Items | 33.35B | 28.63B | 21.06B | 3.96B | 19.48B | 4.34B | -7.85B | 5.71B | 18.04B | 9.51B |
| Working Capital Changes | -1.98B | -2.15B | -2.49B | -6.36B | 1.37B | -5.48B | -9.17B | -2.38B | -3.67B | -6B |
| Change in Receivables | 1.01B | 839M | 1.89B | 2.23B | 1M | -2.08B | 355M | 88M | 1.82B | -274M |
| Change in Inventory | -518M | -336M | -2.11B | -281M | 724M | -2.33B | -1.22B | 1.56B | -295M | -1.1B |
| Change in Payables | -1.06B | -62M | 858M | -989M | 216M | 1.07B | -359M | -949.17M | 986M | 212M |
| Cash from Investing | -11.3B | -11.03B | -4.5B | -1.68B | -4.51B | 2.16B | -432M | -7.96B | -13.37B | -12.36B |
| Capital Expenditures | -14.09B | -13.64B | -11.9B | -23.9B | -5.87B | -6.33B | -9.58B | -12.08B | -14.64B | -17.36B |
| CapEx % of Revenue | 17.3% | 17.51% | 14.07% | 31.2% | 10.94% | 7.53% | 7.7% | 11.44% | 16.02% | - |
| Acquisitions | -13.74B | -75M | -43M | -7M | -942M | -24M | -27M | 0 | -22M | -13M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 30.03B | -10.1B | 6.78B | 22.03B | 2.24B | 8.5B | 12.5B | 4.02B | 1.41B | 3.85B |
| Cash from Financing | -19.11B | -14.64B | -29.85B | -32.07B | -19.26B | -40.79B | -51.45B | -30.7B | -33.09B | -21.03B |
| Debt Issued (Net) | -12.61B | -8.64B | -23.31B | -25.02B | -14.58B | -25.36B | -11.88B | -8.27B | -12.3B | -7.2B |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | 1000K |
| Dividends Paid | 0 | 0 | -625M | -1.88B | -1.37B | -13.08B | -37.7B | -19.67B | -18.33B | -12.65B |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -735M | -380M | 4.86M |
| Other Financing | -6.5B | -5.03B | -5.92B | -5.18B | -3.31B | -2.36B | -1.87B | -2.03B | -2.08B | -1.2B |
| Net Change in Cash | -3.85B▲ 0% | 1.31B▲ 134.1% | -8.62B▼ 756.0% | -6.52B▲ 24.3% | 4.35B▲ 166.7% | -1.25B▼ 128.6% | -2.48B▼ 99.5% | 4.73B▲ 290.5% | -9.46B▼ 299.9% | 270M▲ 0% |
| Free Cash Flow | 12.03B▲ 0% | 13.47B▲ 12.0% | 14.45B▲ 7.2% | 1.7B▼ 88.2% | 23.02B▲ 1251.5% | 31.47B▲ 36.7% | 40.14B▲ 27.6% | 31.1B▼ 22.5% | 23.34B▼ 24.9% | 16.73B▲ 0% |
| FCF Margin % | 14.78% | 17.3% | 17.07% | 2.22% | 42.87% | 37.47% | 32.24% | 29.47% | 25.53% | 19.36% |
| FCF Growth % | 182.37% | 12% | 7.24% | -88.21% | 1251.5% | 36.71% | 27.55% | -22.52% | -24.95% | -39.48% |
| FCF per Share | 1.84 | 2.07 | 2.22 | 0.26 | 3.53 | 9.65 | 12.31 | 9.55 | 7.24 | 7.24 |
| FCF Conversion (FCF/Net Income) | -5.40x | -297.93x | 3.67x | 2.52x | 25.32x | 1.90x | 1.36x | 1.68x | 5.05x | 1.20x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PBR Key Ratios
Petróleo Brasileiro S.A. - Petrobras (PBR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -6.74% | -0.11% | 9.27% | 13.77% | 1.7% | 30.65% | 52.45% | 34.52% | 10.88% | 19.79% |
| Return on Invested Capital (ROIC) | 6.88% | 4.25% | 10.95% | 10.54% | 10.83% | 19.23% | 34.18% | 29.14% | 15.71% | 15.71% |
| Gross Margin | 31.92% | 34.26% | 38.34% | 40.29% | 45.62% | 48.59% | 52.21% | 52.72% | 50.29% | 48.15% |
| Net Margin | -5.94% | -0.12% | 8.47% | 13.25% | 2.13% | 23.67% | 29.42% | 24.34% | 8.23% | 16.15% |
| Debt / Equity | 1.53x | 1.34x | 1.15x | 1.17x | 1.26x | 0.84x | 0.77x | 0.79x | 1.02x | 1.02x |
| Interest Coverage | 2.61x | 1.80x | 5.23x | 3.86x | 4.76x | 9.45x | 18.63x | 15.57x | 8.08x | 7.96x |
| FCF Conversion | -5.40x | -297.93x | 3.67x | 2.52x | 25.32x | 1.90x | 1.36x | 1.68x | 5.05x | 1.20x |
| Revenue Growth | -16.35% | -4.33% | 8.67% | -9.51% | -29.91% | 56.41% | 48.24% | -15.21% | -13.38% | -11.57% |
PBR Frequently Asked Questions
Petróleo Brasileiro S.A. - Petrobras (PBR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Petróleo Brasileiro S.A. - Petrobras (PBR) reported $86.40B in revenue for fiscal year 2024. This represents a 428% increase from $16.36B in 1999.
Petróleo Brasileiro S.A. - Petrobras (PBR) saw revenue decline by 13.4% over the past year.
Yes, Petróleo Brasileiro S.A. - Petrobras (PBR) is profitable, generating $13.96B in net income for fiscal year 2024 (8.2% net margin).
Dividend & Returns
Yes, Petróleo Brasileiro S.A. - Petrobras (PBR) pays a dividend with a yield of 26.13%. This makes it attractive for income-focused investors.
Petróleo Brasileiro S.A. - Petrobras (PBR) has a return on equity (ROE) of 10.9%. This is reasonable for most industries.
Petróleo Brasileiro S.A. - Petrobras (PBR) generated $16.73B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More PBR
Petróleo Brasileiro S.A. - Petrobras (PBR) financial analysis — history, returns, DCA and operating performance tools
Full PBR Stock Analysis
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Dividend History
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Financial Ratios
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