Company data sheet · Petrobras - Petroleo Brasileiro
Petrobras - Petroleo Brasileiro: from profit to three straight losses.
- Industry
- Crude Petroleum & Natural Gas
- Headquarters
- Brazil
- Ticker
- PBR (NYSE)
- Sources
- SEC filings (2001–2026), Stratrix's verified Decision Cases, market data and official economic statistics for Brazil
- Data as of
- October 18, 2026
- From profit to three straight losses. Petrobras - Petroleo Brasileiro lost money every year from 2015 to 2017: $13.4 billion in all. 2018 was its first profit in four years: $7.2 billion.
- Left behind by its peers. From 2016 to 2024, its revenue grew 12% in US dollars; the median among 29 large energy and mining companies grew 95%. It outgrew only 7% of them.
- Still smaller than it was. Revenue reached $91.4 billion in 2024, 27% below its 2022 peak of $124 billion.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | $81.4 billion | −$4.8 billion | |
| 2017 | $77.9 billion | −$0.1 billion | |
| 2018 | $84.6 billion | $7.2 billion | |
| 2019 | $76.6 billion | $10.2 billion | |
| 2020 | $53.7 billion | $1.1 billion | |
| 2021 | $84 billion | $19.9 billion | |
| 2022 | $124 billion | $36.6 billion | |
| 2023 | $102 billion | $24.9 billion | |
| 2024 | $91.4 billion | $7.5 billion |
As reported in its annual filings. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Economic context: 5 measures for Brazil, every year since 2016, from the official sources.
- Peer comparison: against 40 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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