PBR
Petroleo Brasileiro Petrobras SA ADR
NYSE: PBR · ENERGY · OIL & GAS INTEGRATED
$22.03
+0.82% today
Updated 2026-04-30
Market cap
$134.49B
P/E ratio
6.87
P/S ratio
0.27x
EPS (TTM)
$3.04
Dividend yield
15.20%
52W range
$10 – $22
Volume
30.8M
Petroleo Brasileiro Petrobras SA ADR (PBR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $72.35B | $87.73B | $118.26B | $91.87B | $120.45B | $145.91B | $144.10B | $141.46B | $143.66B | $97.31B | $81.41B | $77.88B | $84.64B | $76.59B | $53.68B | $83.97B | $124.47B | $105.54B | $91.42B | $90.81B |
| Revenue growth (YoY) | — | +21.3% | +34.8% | -22.3% | +31.1% | +21.1% | -1.2% | -1.8% | +1.6% | -32.3% | -16.3% | -4.3% | +8.7% | -9.5% | -29.9% | +56.4% | +48.2% | -15.2% | -13.4% | -0.7% |
| Cost of revenue | $40.18B | $49.79B | $72.86B | $49.25B | $77.14B | $99.59B | $108.28B | $108.83B | $109.48B | $67.48B | $55.42B | $51.20B | $52.18B | $45.73B | $29.20B | $43.16B | $59.49B | $49.90B | $45.44B | $47.55B |
| Gross profit | $32.16B | $37.95B | $45.39B | $42.62B | $43.31B | $46.32B | $35.83B | $32.63B | $34.18B | $29.83B | $25.99B | $26.69B | $32.45B | $30.86B | $24.49B | $40.80B | $64.99B | $55.64B | $45.97B | $43.25B |
| Gross margin | 44.5% | 43.3% | 38.4% | 46.4% | 36.0% | 31.7% | 24.9% | 23.1% | 23.8% | 30.7% | 31.9% | 34.3% | 38.3% | 40.3% | 45.6% | 48.6% | 52.2% | 52.7% | 50.3% | 47.6% |
| R&D | $730.00M | $881.00M | $941.00M | $681.00M | $989.00M | $1.45B | $1.14B | $1.13B | $1.10B | $630.00M | $523.00M | $572.00M | $641.00M | $576.00M | $355.00M | $563.00M | $792.00M | $746.02M | $789.00M | $878.60M |
| SG&A | $5.84B | $7.24B | $8.27B | $7.74B | $6.53B | $7.43B | $6.89B | $6.63B | $6.96B | $4.71B | $4.83B | $5.38B | $2.10B | $7.26B | $4.52B | $6.78B | $7.00B | $1.64B | $9.03B | $7.33B |
| Operating income | $19.86B | $20.72B | $25.81B | $22.19B | $27.76B | $28.06B | $17.65B | $15.21B | $14.30B | $14.70B | $15.69B | $9.71B | $22.77B | $20.92B | $20.05B | $31.00B | $53.27B | $47.49B | $25.69B | $25.99B |
| Operating margin | 27.5% | 23.6% | 21.8% | 24.2% | 23.0% | 19.2% | 12.2% | 10.7% | 10.0% | 15.1% | 19.3% | 12.5% | 26.9% | 27.3% | 37.3% | 36.9% | 42.8% | 45.0% | 28.1% | 28.6% |
| EBITDA | $24.17B | $25.52B | $33.77B | $30.54B | $36.50B | $37.72B | $26.96B | $28.17B | $7.33B | $6.93B | $16.29B | $20.50B | $28.16B | $33.52B | $16.99B | $44.90B | $69.93B | $50.92B | $27.46B | $43.02B |
| EBITDA margin | 33.4% | 29.1% | 28.6% | 33.2% | 30.3% | 25.9% | 18.7% | 19.9% | 5.1% | 7.1% | 20.0% | 26.3% | 33.3% | 43.8% | 31.6% | 53.5% | 56.2% | 48.2% | 30.0% | 47.4% |
| EBIT | $20.50B | $19.98B | $27.84B | $23.41B | $28.19B | $27.19B | $15.84B | $14.98B | $-5.69B | $-4.66B | $2.32B | $7.33B | $16.25B | $18.69B | $5.54B | $33.20B | $56.72B | $42.04B | $14.98B | $27.61B |
| Interest expense | $1.38B | $1.15B | $1.81B | $760.78M | $846.70M | $468.91M | $1.35B | $1.56B | $3.13B | $5.11B | $6.01B | $5.41B | $4.35B | $5.42B | $4.21B | $3.28B | $2.86B | $3.05B | $3.18B | $129.22M |
| Income tax | $5.69B | $5.89B | $9.26B | $5.24B | $6.83B | $6.73B | $3.56B | $2.58B | $-1.32B | $-1.14B | $684.00M | $1.70B | $4.26B | $4.20B | $-1.17B | $8.24B | $16.77B | $10.78B | $3.54B | — |
| Effective tax rate | 30.7% | 30.9% | 32.9% | 25.3% | 25.4% | 25.1% | 24.4% | 18.9% | 15.2% | 11.9% | -16.5% | 105.7% | 37.2% | 29.3% | 3557.6% | 29.3% | 31.4% | 29.6% | 32.0% | 0.0% |
| Net income | $12.83B | $13.14B | $18.88B | $15.50B | $20.05B | $20.12B | $11.03B | $11.09B | $-7.37B | $-8.45B | $-4.84B | $-91.00M | $7.17B | $10.15B | $1.14B | $19.88B | $36.62B | $25.69B | $7.53B | $20.10B |
| Net income growth (YoY) | — | +2.4% | +43.7% | -17.9% | +29.4% | +0.3% | -45.2% | +0.5% | -166.4% | -14.7% | +42.7% | +98.1% | +7982.4% | +41.5% | -88.8% | +1641.9% | +84.3% | -29.9% | -70.7% | +167.0% |
| Profit margin | 17.7% | 15.0% | 16.0% | 16.9% | 16.6% | 13.8% | 7.7% | 7.8% | -5.1% | -8.7% | -5.9% | -0.1% | 8.5% | 13.3% | 2.1% | 23.7% | 29.4% | 24.3% | 8.2% | 22.1% |