Petrobras - Petroleo Brasileiro SA (PBR-A)

Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil, China, the United States, the Americas, Asia, Europe, Singapore, and internationally. It operates through three segments: Exploration and Production; Refining, Transportation & Marketing; and Gas & Low Carbon Energies. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. Its Refining, Transportation and Marketing segment engages in the refining, logistics, transport, acquisition, and export of crude oil; trading of oil products; and production of fertilizers, as well as holding interests in petrochemical companies. The Gas and Low Carbon Energies segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of liquefied natural gas; generation of electricity through thermoelectric power plants; renewable energy business; low carbon business; and natural gas processing business, as well as production of biodiesel and its co-products. It also 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. In addition, the company engages in research, development, production, transportation, distribution, and trading of energy. Petróleo Brasileiro S.A. - Petrobras was incorporated in 1953 and is headquartered in Rio De Janeiro, Brazil.

Symbol
PBR-A
Exchange
NYSE
Sector
Energy
Industry
Oil & Gas Integrated
Market cap
$80.78B
52 week range
10.76 - 20.05

Valuation

Share price
$19.22 (close of 2026-09-23)
P/E (TTM)
3.87x
Price to book
1.10x
Price to free cash flow
1.44x
Enterprise value
$141.84B
Book value per share
$17.26

Price performance

PeriodChange
1 day+2.56%
5 days-1.79%
1 month+11.61%
3 months+26.03%
6 months+9.64%
Year to date+70.54%
1 year+58.45%
3 years+39.48%
5 years+90.49%
10 years+129.08%
All time+231.95%

Profitability and growth

Return on equity
12.68%
Return on invested capital
20.05%
Return on assets
4.14%
Return on capital employed
17.90%
Gross margin
50.29%
Net margin
8.23%
EBITDA margin
29.40%
Revenue growth
-10.73%
Net income growth
-69.75%
Free cash flow growth
-24.95%

Cash flow and balance sheet

Free cash flow yield (TTM)
69.41%
Current ratio
0.76x
Net debt to EBITDA
1.33x

Latest reported year

Period end
2024-12-31
Fiscal year
2024
Revenue
$91.42B
Cost of revenue
$45.44B
Gross profit
$45.97B
EBITDA
$26.88B
Net income
$7.53B
Earnings per share
$1.74
Research and development
$789.00M
Interest expense
$5.96B
Shares outstanding
4.33B

Income statement by year

Period endRevenueGross profitNet incomeEPS
2024-12-31$91.42B$45.97B$7.53B$1.74
2023-12-31$102.41B$53.97B$24.88B$5.73
2022-12-31$124.47B$64.99B$36.62B$8.43
2021-12-31$83.97B$40.80B$19.88B$4.56
2020-12-31$53.68B$24.49B$1.14B$0.27
2019-12-31$76.59B$30.86B$10.15B$2.34
2018-12-31$84.64B$32.45B$7.17B$1.65
2017-12-31$77.88B$26.69B$-91.00M$0.00
2016-12-31$81.41B$25.99B$-4.84B$0.00
2015-12-31$97.31B$29.83B$-8.45B$0.00

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2024-12-3150.29%8.23%12.68%20.05%
2023-12-3152.70%24.30%31.51%21.45%
2022-12-3152.21%29.42%52.44%34.89%
2021-12-3148.59%23.67%28.47%24.97%
2020-12-3145.62%2.13%1.91%8.26%
2019-12-3140.29%13.25%13.68%10.86%
2018-12-3138.34%8.47%9.80%8.95%
2017-12-3134.26%-0.12%-0.11%5.28%
2016-12-3131.92%-5.94%-6.24%2.62%
2015-12-3130.65%-8.68%-12.79%-1.38%

Cash and debt by year

Period endCashDebt
2024-12-31$3.27B$20.60B
2023-12-31$12.73B$24.48B
2022-12-31$8.00B$26.38B
2021-12-31$10.47B$32.06B
2020-12-31$11.71B$49.70B
2019-12-31$7.37B$58.79B
2018-12-31$13.90B$80.51B
2017-12-31$22.52B$102.05B
2016-12-31$21.20B$108.37B
2010-12-31$17.63B$60.47B

Free cash flow by year

Period endFree cash flow
2024-12-31$23.34B
2023-12-31$31.10B
2022-12-31$40.14B
2021-12-31$31.47B
2020-12-31$23.02B
2019-12-31$34.16B
2018-12-31$14.33B
2017-12-31$13.47B
2016-12-31$12.03B
2015-12-31$4.33B

Dividend history

Most recent payment
2026-08-25
Paid in the last twelve months
$0.80
Payment dateDividend per share
2026-08-25$0.53
2026-06-03$0.14
2026-04-24$0.12
2025-06-04$0.32
2025-04-22$0.27
2024-12-27$0.47
2024-12-13$0.50
2024-08-23$0.39

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2023-08-03--
2023-05-11--
2023-03-01--
2022-11-03--
2022-07-29--
2022-05-05--
2022-02-23--
2021-10-28--

Filings and sources

Company website
petrobras.com.br
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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