Petrobras - Petroleo Brasileiro SA annual operating margin
2007
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2010
2015
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2020
2021
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2025
Petrobras - Petroleo Brasileiro SA Operating Margin Growth & History (PBR)
Petrobras - Petroleo Brasileiro SA's operating margin was 31.12% for fiscal 2025.
View full Petrobras - Petroleo Brasileiro SA company overviewPetrobras - Petroleo Brasileiro SA annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 31.12% | +1.72 pp |
| 2024 | 2024-12-31 | 29.40% | −7.74 pp |
| 2023 | 2023-12-31 | 37.14% | −8.75 pp |
| 2022 | 2022-12-31 | 45.88% | +1.12 pp |
| 2021 | 2021-12-31 | 44.76% | +26.02 pp |
| 2020 | 2020-12-31 | 18.75% | −8.17 pp |
| 2019 | 2019-12-31 | 26.92% | +7.08 pp |
| 2018 | 2018-12-31 | 19.84% | +6.29 pp |
| 2017 | 2017-12-31 | 13.55% | +8.26 pp |
| 2016 | 2016-12-31 | 5.29% | +6.45 pp |
| 2015 | 2015-12-31 | −1.16% | — |
| 2010 | 2010-12-31 | 16.01% | −2.86 pp |
| 2009 | 2009-12-31 | 18.87% | +1.61 pp |
| 2008 | 2008-12-31 | 17.26% | −0.93 pp |
| 2007 | 2007-12-31 | 18.19% | — |
Petrobras - Petroleo Brasileiro SA quarterly operating margin
Q1.09
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q2.17
Q2.18
Q2.19
Q2.20
Q2.21
Q2.22
Q2.23
Q2.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 43.30% | +17.88 pp |
| Q1 2026 | 2026-03-31 | 28.99% | — |
| Q4 2025 | 2025-12-31 | 29.67% | — |
| Q3 2025 | 2025-09-30 | 32.92% | — |
| Q2 2025 | 2025-06-30 | 25.43% | −3.15 pp |
| Q2 2024 | 2024-06-30 | 28.57% | −8.32 pp |
| Q2 2023 | 2023-06-30 | 36.89% | −19.46 pp |
| Q2 2022 | 2022-06-30 | 56.36% | +13.96 pp |
| Q2 2021 | 2021-06-30 | 42.39% | +21.29 pp |
| Q2 2020 | 2020-06-30 | 21.11% | −32.32 pp |
| Q2 2019 | 2019-06-30 | 53.43% | +31.35 pp |
| Q2 2018 | 2018-06-30 | 22.08% | −0.29 pp |
| Q2 2017 | 2017-06-30 | 22.37% | — |
| Q3 2011 | 2011-09-30 | 15.18% | +0.56 pp |
| Q2 2011 | 2011-06-30 | 14.70% | −2.27 pp |
| Q1 2011 | 2011-03-31 | 17.98% | −0.22 pp |
| Q4 2010 | 2010-12-31 | 14.61% | −2.62 pp |
| Q3 2010 | 2010-09-30 | 14.62% | −1.63 pp |
| Q2 2010 | 2010-06-30 | 16.97% | −7.33 pp |
| Q1 2010 | 2010-03-31 | 18.20% | −0.39 pp |
| Q4 2009 | 2009-12-31 | 17.23% | — |
| Q3 2009 | 2009-09-30 | 16.26% | — |
| Q2 2009 | 2009-06-30 | 24.30% | — |
| Q1 2009 | 2009-03-31 | 18.59% | — |
Petrobras - Petroleo Brasileiro SA operating margin trends
Over the last five fiscal years, Petrobras - Petroleo Brasileiro SA's operating margin increased from 18.75% to 31.12%, a change of +12.38 percentage points. The latest reported quarter, Q2 2026, shows 43.30%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Petrobras - Petroleo Brasileiro SA source filings ↗Community posts
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