Petróleo Brasileiro - Petrobras Past Earnings Performance
Past criteria checks 3/6
Petróleo Brasileiro - Petrobras has been growing earnings at an average annual rate of 31%, while the Oil and Gas industry saw earnings growing at 23.5% annually. Revenues have been growing at an average rate of 17% per year. Petróleo Brasileiro - Petrobras's return on equity is 21.6%, and it has net margins of 16.8%.
Key information
31.0%
Earnings growth rate
31.1%
EPS growth rate
| Oil and Gas Industry Growth | 21.8% |
| Revenue growth rate | 17.0% |
| Return on equity | 21.6% |
| Net Margin | 16.8% |
| Next Earnings Update | 26 Feb 2025 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Petróleo Brasileiro - Petrobras makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 503,819 | 84,693 | 37,895 | 4,061 |
| 30 Jun 24 | 499,065 | 78,763 | 37,637 | 3,885 |
| 31 Mar 24 | 490,647 | 110,150 | 36,313 | 3,727 |
| 31 Dec 23 | 511,994 | 124,606 | 35,920 | 3,619 |
| 30 Sep 23 | 536,315 | 136,904 | 35,645 | 3,500 |
| 30 Jun 23 | 581,563 | 156,375 | 35,397 | 3,576 |
| 31 Mar 23 | 638,683 | 181,923 | 34,196 | 3,806 |
| 31 Dec 22 | 641,256 | 188,328 | 33,357 | 4,087 |
| 30 Sep 22 | 659,264 | 176,491 | 32,547 | 3,972 |
| 30 Jun 22 | 595,208 | 161,537 | 32,132 | 3,780 |
| 31 Mar 22 | 508,135 | 150,062 | 32,374 | 3,475 |
| 31 Dec 21 | 452,668 | 106,668 | 31,512 | 3,033 |
| 30 Sep 21 | 372,737 | 135,054 | 30,283 | 2,742 |
| 30 Jun 21 | 328,943 | 102,366 | 30,618 | 2,445 |
| 31 Mar 21 | 290,805 | 56,798 | 31,401 | 2,036 |
| 31 Dec 20 | 272,069 | 7,108 | 32,336 | 1,819 |
| 30 Sep 20 | 247,137 | -44,629 | 33,723 | 1,882 |
| 30 Jun 20 | 252,845 | -43,345 | 32,556 | 1,965 |
| 31 Mar 20 | 269,447 | -22,068 | 30,153 | 2,171 |
| 31 Dec 19 | 263,827 | 30,009 | 28,061 | 2,268 |
| 30 Sep 19 | 274,884 | 22,354 | 23,425 | 2,302 |
| 30 Jun 19 | 296,022 | 28,035 | 23,702 | 2,350 |
| 31 Mar 19 | 308,499 | 19,355 | 23,875 | 2,370 |
| 31 Dec 18 | 310,255 | 22,586 | 23,671 | 2,345 |
| 30 Sep 18 | 296,409 | 16,611 | 22,249 | 2,232 |
| 30 Jun 18 | 273,379 | 11,458 | 23,218 | 2,031 |
| 31 Mar 18 | 253,663 | 1,890 | 26,314 | 1,988 |
| 31 Dec 17 | 258,454 | -446 | 25,494 | 1,831 |
| 30 Sep 17 | 260,008 | 7,541 | 29,303 | 1,636 |
| 30 Jun 17 | 264,409 | -9,183 | 29,039 | 1,702 |
| 31 Mar 17 | 283,050 | -9,129 | 24,997 | 1,660 |
| 31 Dec 16 | 282,589 | -14,824 | 26,999 | 1,826 |
| 30 Sep 16 | 293,202 | -54,272 | 30,191 | 1,795 |
| 30 Jun 16 | 304,998 | -41,573 | 30,801 | 1,860 |
| 31 Mar 16 | 305,892 | -41,412 | 31,687 | 1,963 |
| 31 Dec 15 | 301,826 | -34,836 | 28,470 | 2,024 |
| 30 Sep 15 | 299,002 | -24,498 | 27,009 | 2,461 |
| 30 Jun 15 | 305,140 | -26,078 | 30,047 | 2,570 |
| 31 Mar 15 | 287,964 | -21,650 | 27,994 | 2,561 |
| 31 Dec 14 | 305,671 | -21,587 | 30,329 | 2,589 |
| 30 Sep 14 | 299,847 | 11,294 | 28,726 | 2,428 |
| 30 Jun 14 | 289,170 | 20,028 | 24,953 | 2,353 |
| 31 Mar 14 | 297,105 | 21,270 | 25,591 | 2,346 |
| 31 Dec 13 | 273,589 | 23,570 | 24,730 | 2,428 |
Quality Earnings: 0KHP has high quality earnings.
Growing Profit Margin: 0KHP's current net profit margins (16.8%) are lower than last year (25.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0KHP's earnings have grown significantly by 31% per year over the past 5 years.
Accelerating Growth: 0KHP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0KHP had negative earnings growth (-38.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-48.2%).
Return on Equity
High ROE: 0KHP's Return on Equity (21.6%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 10:34 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Petróleo Brasileiro S.A. - Petrobras is covered by 51 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Yim Cheng | Barclays |
| Daniel Cobucci | BB Banco de Investimento S.A. |