Petrobras - Petroleo Brasileiro (PBR-A) Operating Margin (2009 - 2026)
Petrobras - Petroleo Brasileiro (PBR-A) posted Operating Margin of 33.35% for Q1 2026, up 42.82% sequentially from 23.35% in Q4 2025, and down 118.0% YoY from 185.26% in Q1 2025.
Petrobras - Petroleo Brasileiro (PBR-A) Operating Margin (2009 - 2026) Analysis & Trends
Petrobras - Petroleo Brasileiro (PBR-A) has 18 years of Operating Margin data on file, last reported at 33.35% in Q1 2026.
- Quarterly Operating Margin fell 118.0% year-over-year to 33.35% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 29.11% (up 185.0% YoY) and the FY2025 annual result came in at 29.28%, down 12.0% from the prior year.
- Operating Margin rose to 33.35% in Q1 2026 per PBR-A's latest filing, from 23.35% in the prior quarter.
- The five-year high for Operating Margin was 58.41% in Q4 2023, with the low at 8.68% in Q4 2024.
- Average Operating Margin over 5 years is 39.23%, with a median of 36.89% recorded in 2023.
- Year-over-year, Operating Margin sank 4973 bps in 2024 and jumped 1466 bps in 2025.
- Petrobras - Petroleo Brasileiro's Operating Margin stood at 55.36% in 2022, then rose by 6 bps to 58.41% in 2023, then slumped by 85 bps to 8.68% in 2024, then surged by 169 bps to 23.35% in 2025, then jumped by 43 bps to 33.35% in 2026.
- Business Quant data shows PBR-A's Operating Margin at 33.35% in Q1 2026, 23.35% in Q4 2025, and 33.97% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | - |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | 33.35% |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 16.24% |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | 59.15% |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 26.06% |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | 31.55% |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 40.44% |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | -923.09% |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | -39.10% |
| 10 | Petrobras - Petroleo Brasileiro | - | - | 11.34 Bn | 33.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.35% |
| Dec 31, 2025 | 23.35% |
| Sep 30, 2025 | 33.97% |
| Jun 30, 2025 | 25.43% |
| Mar 31, 2025 | 34.53% |
| Dec 31, 2024 | 8.68% |
| Sep 30, 2024 | 35.95% |
| Jun 30, 2024 | 28.57% |
| Mar 31, 2024 | 37.80% |
| Dec 31, 2023 | 56.52% |
| Sep 30, 2023 | 55.38% |
| Jun 30, 2023 | 36.89% |
| Mar 31, 2023 | 43.15% |
| Dec 31, 2022 | 50.16% |
| Sep 30, 2022 | 53.94% |
| Jun 30, 2022 | 56.36% |
| Mar 31, 2022 | 45.12% |
| Sep 30, 2021 | 117.23% |
| Jun 30, 2021 | 42.39% |
| Mar 31, 2021 | 38.06% |