Petróleo Brasileiro S.A. - Petrobras (PBR): gross margin, 10 filed years
Gross margin at Petróleo Brasileiro S.A. - Petrobras was 50.3% in FY2024, the newest filed year. Across the 10 computed years from FY2015 it ranged from 30.6% (FY2015) to 52.7% (FY2023), with a median of 43.0%.
Tonight's figure on the company page: 50.3%, recomputed 2026-10-16. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | Gross margin | Read from |
|---|---|---|
| FY2015 | 30.6% | period ended 2015-12-31 |
| FY2016 | 31.9% | 20-F, filed 2018-04-18 |
| FY2017 | 34.3% | 20-F, filed 2018-04-18 |
| FY2018 | 38.3% | 20-F, filed 2019-04-01 |
| FY2019 | 40.3% | 20-F, filed 2020-03-23 |
| FY2020 | 45.6% | 20-F, filed 2021-03-25 |
| FY2021 | 48.6% | 20-F, filed 2022-03-30 |
| FY2022 | 52.2% | 20-F, filed 2023-03-29 |
| FY2023 | 52.7% | 20-F, filed 2024-04-12 |
| FY2024 | 50.3% | 20-F, filed 2025-04-03 |
How each year is computed
Gross profit / revenue x 100
Each year is a ratio of lines in that year's filed annual report, with the nightly recompute's own rules for what counts as a filed line. Nothing is estimated, smoothed or filled in: a year that cannot be computed says why.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.