Petroleo Brasileiro S.A.- Petrobras

PBR 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

18.91 0.11 +0.59%
Market cap
$70.0B
P/E
4.8×
Fwd P/E
—
Dividend yield
3.83%
F-score
6/9
Altman Z
1.50
Beneish M
−2.60
Dividend safety
61/100

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

Alert me on Operating margin

Petroleo Brasileiro S.A.- Petrobras's operating margin over the twelve months to 30 June 2026 was 34.2%, up 4.9 percentage points from fiscal 2025 (29.3%). Over the past ten years it has ranged from −1.16% (fiscal 2015) to 45.9% (fiscal 2022); the current reading is higher than 64% of that period. That is above the Oil & Gas Integrated industry median of 17.1% and above the Energy sector median of 15.2%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 29.3% (0.12)
FY2024 29.4% (7.74)
FY2023 37.1% (8.74)
FY2022 45.9% 1.12
FY2021 44.8% 26.01
FY2020 18.8% (8.17)
FY2019 26.9% 7.08
FY2018 19.8% (1.17)
FY2017 21.0% 15.72
FY2016 5.29% 6.45

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 42.4% 9.06
Mar 2026 33.4% 10.00
Dec 2025 23.4% (10.62)
Sep 2025 34.0% 8.54
42 more quarters

Against its own ten years

Low −1.16% High 45.9%
Ten-year median 26.9%
Current reading's percentile 71

Operating margin against peers

Company Operating margin
PBR Petroleo Brasileiro S.A.- Petrobras 34.2%
PBR.A Petroleo Brasileiro S.A.- Petrobras compare 34.2%
EQNR Equinor ASA compare 32.3%
EC Ecopetrol S.A. compare 27.6%
CVE Cenovus Energy Inc compare 17.1%
SHEL Shell PLC Unsponsored ADR compare 16.7%
TTE TotalEnergies SE Sponsored ADR compare 16.3%
BP BP p.l.c. compare 11.1%
E Eni SpA compare 4.46%
Oil & Gas Integrated industry median 17.1%
Energy sector median 15.2%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on PBR