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PBR · NYSE · United States · Crude Petroleum & Natural Gas
In shortPETROBRAS - PETROLEO BRASILEIRO SA is profitable, generates cash and carries moderate debt, with revenue shrinking (−10.7% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 29.4% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 8.2% | 53/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 10.9% | 55/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 22.3% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.69× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.39× | 89/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.51× | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 4.51× | 29/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 41.6% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 5.05× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 40.0% | 0/100 |
| Operating margin volatility | 11.3% | 6/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 2.9% | 33/100 |
|---|---|---|
| EPS growth, 3-year average | -27.5% | 0/100 |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 53,683 | 83,966 | 124,474 | 102,409 | 91,416 |
| Cost of revenue | 29,195 | 43,164 | 59,486 | 48,435 | 45,444 |
| Gross profit | 24,488 | 40,802 | 64,988 | 53,974 | 45,972 |
| Research & development | 355 | 563 | 792 | 726 | 789 |
| Operating income | 10,063 | 37,584 | 57,114 | 38,033 | 26,876 |
| Interest expense | 6,004 | 5,150 | 3,500 | 3,922 | 5,957 |
| Pre-tax income | (226) | 28,225 | 53,525 | 35,396 | 11,142 |
| Income tax | (1,174) | 8,239 | 16,770 | 10,401 | 3,537 |
| Net income | 1,141 | 19,875 | 36,623 | 24,884 | 7,528 |
| Diluted EPS | $0.09 | $1.52 | $2.81 | $1.91 | $0.58 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Aug 26, 2025