Petroleo Brasileiro S.A.- Petrobras

PBR.A Energy Oil & Gas Integrated

Petroleo Brasileiro S.A.- Petrobras' revenue for fiscal 2025 (year ended December 2025) was $89.2 billion, down 2.43% from fiscal 2024.

Revenue
+59.8%
EPS
+118.9%
Free cash flow
+149.4%
Total debt
+7.52%

Quarter to June 2026, against a year earlier

16.73 0.59 −3.41%
Market cap
$45.6B
P/E
4.2×
Fwd P/E
—
Dividend yield
—
F-score
6/9
Altman Z
1.49
Beneish M
−2.60
Dividend safety
61/100

Petroleo Brasileiro S.A.- Petrobras (PBR.A) Gross margin

Alert me on Gross margin

Petroleo Brasileiro S.A.- Petrobras's gross margin over the twelve months to 30 June 2026 was 50.8%, up 3.2 percentage points from fiscal 2025 (47.6%). Over the past ten years it has ranged from 30.7% (fiscal 2015) to 52.7% (fiscal 2023); the current reading is higher than 64% of that period. That is above the Oil & Gas Integrated industry median of 39.9% and above the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 47.6% (2.69)
FY2024 50.3% (2.41)
FY2023 52.7% 0.49
FY2022 52.2% 3.62
FY2021 48.6% 2.97
FY2020 45.6% 5.33
FY2019 40.3% 1.95
FY2018 38.3% 6.05
FY2017 32.3% 0.37
FY2016 31.9% 1.27

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 58.0% 9.82
Mar 2026 48.2% 2.25
Dec 2025 45.9% (1.85)
Sep 2025 47.8% 0.19
42 more quarters

Against its own ten years

Low 30.7% High 52.7%
Ten-year median 45.6%
Current reading's percentile 79

Gross margin against peers

Company Gross margin
EQNR Equinor ASA compare 53.6%
PBR Petroleo Brasileiro S.A.- Petrobras compare 50.8%
PBR.A Petroleo Brasileiro S.A.- Petrobras 50.8%
CVE Cenovus Energy Inc compare 40.7%
TTE TotalEnergies SE Sponsored ADR compare 39.2%
YPF YPF Sociedad Anonima compare 38.6%
EC Ecopetrol S.A. compare 36.6%
BP BP p.l.c. compare 30.5%
E Eni SpA compare 19.5%
Oil & Gas Integrated industry median 39.9%
Energy sector median 42.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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