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NYSE · CRUDE PETROLEUM & NATURAL GAS · LARGE CAP

Petrobras - Petroleo Brasileiro SA PBR-A

10 fiscal years on record · USD · FY2024 reported · SEC filings only
$91.4B
▼ 10.7% YoY
$7.5B
▼ 69.7% YoY
In brief

What this company does

Petroleo Brasileiro S.A. holds significant proved reserves and operates and produces most of Brazil's oil and gas. It distributes oil products through wholesalers, retailers, and direct sales. In 2025, it had activities in eight countries besides Brazil: Argentina, Bolivia, Colombia, the U.S., the Netherlands, Sao Tome and Principe, Singapore, and South Africa. It currently divides its business into three main segments. Exploration & Production (E&P) covers exploration, development, and production of crude oil, NGL, and natural gas in Brazil and abroad, primarily to supply the company's domestic refineries. Refining, Transportation & Marketing (RT&M) covers refining, logistics, transport, acquisition, and exports of crude oil, as well as trading of oil products in Brazil and abroad, and also includes petrochemical operations and fertilizer production and trading. Gas & Low Carbon Energies (G&LCE) covers trading of natural gas, electricity, and LNG, the generation of electricity through thermoelectric power plants, and natural gas processing, and also includes renewable energy businesses, low carbon services, and the production and sale of biodiesel and its co-products.

Written from the business description in PETROBRAS - PETROLEO BRASILEIRO SA's annual report to the U.S. Securities and Exchange Commission, filed 9 April 2026. Every sentence was checked against that document before publication.

Growth
USD 91.4B
Revenue, FY2024 · full 10-year series below
Revenue $B Net income $B
FY2024 · Revenue 91.4 · Net income 7.5
50B100B2015201620172018201920202021202220232024
Compound annual growth
+2.9%
+3.6%
−27.6%
−5.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +3.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
8 cents
of every revenue dollar became profit
Operating margin Net margin
FY2024 · Operating 29.4% · Net 8.3%
20%40%-5%2015201620172018201920202021202220232024
ROE
FY2024 · ROE 10.9%
20%40%-2%-4%-6%2015201620172018201920202021202220232024

Each USD of equity produced 11 cents of profit this year.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $B
FY2018 · FCF 14.3
5B10B2015201620172018201920202021202220232024
Net buybacks $B Dividends $B
FY2019 · Dividends 2.7 · Net buybacks —
1B2B20182019

Total assetsUSD 181.6B
EquityUSD 59.1B
CashUSD 3.3B
Gross debtUSD 23.2B
Net debtUSD 19.9B
Current ratio0.69×

Net debt stands at 34% of equity.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2024202320222021202020192018201720162015
Revenue $B91.4102.4124.584.053.776.684.677.981.497.3
Operating income $B26.938.057.137.610.120.616.810.64.3−1.1
EBITDA $B······28.823.918.310.5
Income tax $B3.510.416.88.2−1.24.24.31.7−0.7−1.1
Net income $B7.524.936.619.91.110.27.2−0.1−4.8−8.4
Free cash flow $B······14.313.512.04.3
EPS, diluted $0.581.912.811.52······
Dividend / sh $··········
Payout %·····2626···
ROE %10.933.652.730.91.714.09.5−0.1−6.3·
Shares out B0.000.000.00·······

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 38 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 57 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityCrude Petroleum & Natural Gas
Listed onNYSE
Incorporated inoutside the United States — SEC code D5
Fiscal year endsDecember 31
Data on record since2015

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