PETROBRAS - PETROLEO BRASILEIRO SA
PBR, PBR-A · Crude Petroleum & Natural Gas · EDGAR filings ↗
Reference price $9.49 — last insider purchase, 2026-04-02 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
C66Scaled integrated oil major with mid-pack returns and negative free cash flow, on very stale FY2010 data.
Strengths
- Strong scale/liquidity: largest cash balance (100th), current ratio 1.9 (82.8th)
- Revenue growth 30% (78th) and ROA 6.3% (75.6th)
- Moderate leverage (D/E 0.33)
Risks
- Negative FCF of -$16.6B (4th pct) on heavy capex; ROE only 10.7% (62.8th)
- Brazilian state control, corruption history and political interference
- Data is FY2010 — over a decade stale, materially reducing reliability
Notable findings
- Weak liquidityCurrent ratio 0.69 (<1)
- Strong balance sheetStrong balance sheet — $3.3B cash & investments
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
50.3%
Operating margin
29.4%
Net margin
8.3%
Return on equity
12.8%
Return on assets
4.2%
ROIC
25.7%
Revenue growth (QoQ)
2.2%
Net-income growth
-69.6%
Debt / equity
0.4×
Interest coverage
4.5×
Current ratio
0.7×
Tangible book value
$59.4B
Cash & investments
$3.3B
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-02 | Laureano Angelica Garcia Cobas | Buy | 1.0K | $9.49 |
| 2026-04-01 | Laureano Angelica Garcia Cobas | Sell | 19 | $9.09 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (1)
Named in the 10-K; linked when we track them.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-09 | 2025-12-31 | 0001292814-26-002168 ↗ |
| 20-F | 2025-04-03 | 2024-12-31 | 0001292814-25-001352 ↗ |
| 20-F | 2024-04-12 | 2023-12-31 | 0001292814-24-001340 ↗ |
| 20-F | 2023-03-29 | 2022-12-31 | 0001292814-23-001253 ↗ |