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PBRPetróleo Brasileiro S.A. - Petrobras
$16.66$107.4B
Overview & Verdict
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PBR logoPetróleo Brasileiro S.A. - Petrobras(PBR)Earnings, Financials & Key Ratios

PBR•NYSE
$16.66
5.3× P/E·Price updated Jul 7, 2026
SectorEnergyIndustryIntegrated Oil & GasSub-IndustryGlobal and national integrated oil companies
AboutPetróleo Brasileiro S.A. - Petrobras explores for, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. It 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. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production and natural gas processing business. The Corporate and Other Businesses segment produces biodiesel and its co-products, and ethanol; and distributes oil products. Petróleo Brasileiro S.A. - Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.Show more
  • Revenue$90.81B-0.7%
  • EBITDA$41.39B+8.4%
  • Net Income$20.1B+167.0%
  • EPS (Diluted)3.12+169.0%
  • Gross Margin47.63%-5.3%
  • EBITDA Margin45.59%+9.2%
  • Operating Margin28.62%+1.9%
  • Net Margin22.13%+168.8%
  • ROE29.65%+172.4%

PBR Price & Volume

Petróleo Brasileiro S.A. - Petrobras (PBR) stock price & volume — 10-year historical chart

Loading chart...

Pre-salt Efficiency Battles Persistent Political Governance Risks

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Healthy
Cash Flow:Robust
Primary Risk:Political and regulatory intervention

Key Thesis Takeaways

  • Petrobras maintains a robust competitive advantage through its low-cost Pre-salt extraction assets, which have historically supported gross margins as high as 54.1%.
  • However, the investment outlook remains tempered by significant volatility in net income and erratic capital allocation, as evidenced by dividend payments fluctuating between $1.6 billion and $7.1 billion per quarter.
  • Investors should monitor the company's rising capital intensity, with the CapEx/Revenue ratio climbing to 19.2% in 2026Q1, as this may signal potential long-term pressure on free cash flow generation.

Verdict Logic

while the stock trades at an attractive forward P/E of 3.87, the persistent risk of political interference and erratic dividend policy warrants caution despite the 7.9% dividend yield.

PBR Growth Metrics

Petróleo Brasileiro S.A. - Petrobras (PBR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-0.69%
5 Years11.09%
3 Years-9.98%
TTM5.12%

Profit CAGR

10 Years-
5 Years77.49%
3 Years-18.13%
TTM133.25%

EPS CAGR

10 Years-
5 Years73.23%
3 Years-17.81%
TTM140.1%

Return on Capital

10 Years15.74%
5 Years22.68%
3 Years19.61%
Last Year15.41%

PBR Recent Earnings

Petróleo Brasileiro S.A. - Petrobras (PBR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
May 11, 2026
Metric
Actual
Est
EPS
$0.70-31.4%
$1.02
Rev
$23.5B-11.3%
$26.5B
Q2 2026
Mar 5, 2026
Metric
Actual
Est
EPS
$0.72+26.3%
$0.57
Rev
$23.6B+2.2%
$23.1B
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.82+3.8%
$0.79
Rev
$23.5B-0.4%
$23.6B
Q3 2025
Aug 8, 2025
Metric
Actual
Est
EPS
$0.64-8.6%
$0.70
Rev
$21.0B-1.2%
$21.3B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 11, 2026
$0.70vs $1.02-31.4%
$23.5Bvs $26.5B-11.3%
Q2 2026Mar 5, 2026
$0.72vs $0.57+26.3%
$23.6Bvs $23.1B+2.2%
Q4 2025Nov 6, 2025
$0.82vs $0.79+3.8%
$23.5Bvs $23.6B-0.4%
Q3 2025Aug 8, 2025
$0.64vs $0.70-8.6%
$21.0Bvs $21.3B-1.2%
Based on last 12 quarters of dataView full earnings history →

Latest PBR News

Recent stock market news and headlines for Petróleo Brasileiro S.A. - Petrobras (PBR)

MarketBeat·1 day ago
Doug Casey Calls AI a Super Bubble, Bets on Energy, Gold Miners and Grains

AI bubble fears keep resurfacing, and depending on who you ask, the story is either just getting started or already cracking at the edges. Doug Casey, founder of International Man and a self-described technophile who has invested across more than 50 years and 155 countries, falls firmly in the second camp.

Zacks Investment Research·5 days ago
Petrobras Changes Diesel Pricing While Preserving Market Stability

PBR cuts its diesel price but ends an equal temporary discount, keeping distributor costs unchanged as Brazil scales back fuel subsidies.

Zacks Investment Research·6 days ago
Petrobras (PBR) Registers a Bigger Fall Than the Market: Important Facts to Note

In the most recent trading session, Petrobras (PBR) closed at $15.99, indicating a -1.05% shift from the previous trading day.

Seeking Alpha·6 days ago
Petrobras: Buy This Bargain As Dividends Will Soar

Petrobras offers strong assets, rapid production growth, robust cash flows, and an attractive dividend yield at a deeply discounted valuation. Following a 30% share price pullback, PBR trades at less than 4x forward earnings, with a forward earnings yield exceeding 25%. PBR's production is up 20% versus 2024, with plans to add 700,000 barrels/day by 2027, supporting higher future cash flows and dividends.

Zacks Investment Research·Jun 29, 2026
Brokers Suggest Investing in Petrobras (PBR): Read This Before Placing a Bet

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Peers Comparison

Key metrics vs top competitors for Petróleo Brasileiro S.A. - Petrobras (PBR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
PBR logoPBRPetróleo Brasileiro S.A. - PetrobrasCurrent
$16.66$107.36B5.34-0.67%22.13%29.65%7.68%
XOM logoXOMExxon Mobil Corporation
$141.65$587.11B21.14-4.52%7.76%9.5%—
CVX logoCVXChevron Corporation
$173.94$346.42B26.24-4.64%5.92%6.08%—
SHEL logoSHELShell plc
$81.99$231.14B13.62-6.13%7.01%10.53%—
BP logoBPBP p.l.c.
$38.61$100.79B1892.650.08%1.65%4.16%—
TTE logoTTETotalEnergies SE
$77.96$173.62B13.49-6.78%8.19%12.56%—

Compare PBR vs Peers

Petróleo Brasileiro S.A. - Petrobras (PBR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs XOM

Most directly comparable listed peer for PBR.

Scale Benchmark

vs CVX

Larger-name benchmark to compare PBR against a more recognizable public peer.

Peer Set

Compare Top 5

vs XOM, CVX, SHEL, BP

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PBR Frequently Asked Questions

Petróleo Brasileiro S.A. - Petrobras (PBR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Petróleo Brasileiro S.A. - Petrobras's revenue?

Petróleo Brasileiro S.A. - Petrobras (PBR) reported $93.27B in revenue for fiscal year 2025. This represents a 470% increase from $16.36B in 1999.

How fast is Petróleo Brasileiro S.A. - Petrobras growing?

Petróleo Brasileiro S.A. - Petrobras (PBR) saw revenue decline by 0.7% over the past year.

Is PBR profitable?

Yes, Petróleo Brasileiro S.A. - Petrobras (PBR) is profitable, generating $20.34B in net income for fiscal year 2025 (22.1% net margin).

Dividend & Returns
Does PBR pay dividends?

Yes, Petróleo Brasileiro S.A. - Petrobras (PBR) pays a dividend with a yield of 7.68%. This makes it attractive for income-focused investors.

What is PBR's return on equity?

Petróleo Brasileiro S.A. - Petrobras (PBR) has a return on equity (ROE) of 29.7%. This is excellent, indicating efficient use of shareholder capital.

What is Petróleo Brasileiro S.A. - Petrobras's free cash flow?

Petróleo Brasileiro S.A. - Petrobras (PBR) generated $14.87B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in PBR back in 1999?

Total return calculator · dividends reinvested · 27+ years of data

See returns →