Petróleo Brasileiro S.A. - Petrobras (PETR3) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.98x

Petróleo Brasileiro S.A. - Petrobras (PETR3) has a Cash Flow Reinvestment Rate of 0.98x as of September 2025, reinvesting R$9.65 Billion (capex R$4.89 Billion plus investments R$-4.76 Billion) from operating cash flow of R$9.86 Billion. Explore Petróleo Brasileiro S.A. - Petrobras capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.98x
(Capex + Investments) / Operating CF

Total Reinvested

R$9.65 Billion
Capex + Investments

Operating Cash Flow

R$9.86 Billion
BRL

Capital Expenditures

R$4.89 Billion
BRL

Petróleo Brasileiro S.A. - Petrobras Cash Flow Reinvestment Rate (1999–2024)

Historical reinvestment intensity for Petróleo Brasileiro S.A. - Petrobras across 26 annual periods. Also explore Petróleo Brasileiro S.A. - Petrobras (PETR3) total assets for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Petróleo Brasileiro S.A. - Petrobras (1999–2024)

Year-by-year capital reinvestment analysis for Petróleo Brasileiro S.A. - Petrobras. For live market cap and broader valuation context, see Petróleo Brasileiro S.A. - Petrobras market capitalisation.

Year Reinvestment Rate Total Reinvested (BRL) Operating CF Capex YoY Change
2024 0.74x R$28.01 Billion R$37.98 Billion R$14.64 Billion ▼ -32.0%
2023 1.09x R$9.54 Billion R$8.79 Billion R$2.46 Billion ▲ +438.8%
2022 0.20x R$10.01 Billion R$49.72 Billion R$9.58 Billion ▲ +17.9%
2021 0.17x R$6.46 Billion R$37.79 Billion R$6.33 Billion ▼ -54.4%
2020 0.37x R$10.83 Billion R$28.89 Billion R$5.87 Billion ▼ -61.2%
2019 0.97x R$24.70 Billion R$25.60 Billion R$23.90 Billion ▲ +81.3%
2018 0.53x R$14.02 Billion R$26.35 Billion R$11.90 Billion ▼ -12.6%
2017 0.61x R$16.51 Billion R$27.11 Billion R$13.55 Billion ▼ -37.4%
2016 0.97x R$25.39 Billion R$26.11 Billion R$14.09 Billion ▼ -46.6%
2015 1.82x R$47.28 Billion R$25.99 Billion R$21.65 Billion ▲ +0.5%
2014 1.81x R$48.41 Billion R$26.75 Billion R$34.81 Billion ▼ -17.5%
2013 2.19x R$57.66 Billion R$26.29 Billion R$45.11 Billion ▲ +49.9%
2012 1.46x R$40.80 Billion R$27.89 Billion R$40.80 Billion ▲ +19.2%
2011 1.23x R$41.38 Billion R$33.70 Billion R$41.38 Billion ▲ +30.0%
2010 0.94x R$28.44 Billion R$30.11 Billion R$28.44 Billion ▼ -21.0%
2009 1.20x R$31.01 Billion R$25.95 Billion R$31.01 Billion ▲ +12.9%
2008 1.06x R$29.87 Billion R$28.22 Billion R$29.87 Billion ▲ +14.4%
2007 0.93x R$20.98 Billion R$22.66 Billion R$20.98 Billion ▲ +33.2%
2006 0.69x R$14.64 Billion R$21.08 Billion R$14.64 Billion ▲ +1.3%
2005 0.69x R$10.37 Billion R$15.12 Billion R$10.37 Billion ▼ -27.5%
2004 0.95x R$7.72 Billion R$8.15 Billion R$7.72 Billion ▲ +23.8%
2003 0.76x R$6.55 Billion R$8.57 Billion R$6.55 Billion ▼ -2.1%
2002 0.78x R$4.91 Billion R$6.29 Billion R$4.91 Billion ▲ +60.5%
2001 0.49x R$4.25 Billion R$8.74 Billion R$4.25 Billion ▲ +3.7%
2000 0.47x R$3.58 Billion R$7.64 Billion R$3.58 Billion ▼ -48.9%
1999 0.92x R$4.35 Billion R$4.74 Billion R$4.35 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow