Petróleo Brasileiro S.A. - Petrobras (PETR3) — Cash Flow Reinvestment Rate
Petróleo Brasileiro S.A. - Petrobras (PETR3) has a Cash Flow Reinvestment Rate of 0.63x as of March 2026, reinvesting R$25.86 Billion (capex R$23.73 Billion plus investments R$2.12 Billion) from operating cash flow of R$40.88 Billion. Check Petróleo Brasileiro S.A. - Petrobras cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Petróleo Brasileiro S.A. - Petrobras Cash Flow Reinvestment Rate (1999–2025)
Historical reinvestment intensity for Petróleo Brasileiro S.A. - Petrobras across 27 annual periods. Explore long-term investment intensity of Petróleo Brasileiro S.A. - Petrobras to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Petróleo Brasileiro S.A. - Petrobras (1999–2025)
Year-by-year capital reinvestment analysis for Petróleo Brasileiro S.A. - Petrobras. For live market cap and broader valuation context, see PETR3 market cap.
| Year | Reinvestment Rate | Total Reinvested (BRL) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.56x | R$111.63 Billion | R$200.25 Billion | R$108.67 Billion | ▲ +26.0% |
| 2024 | 0.44x | R$103.93 Billion | R$234.89 Billion | R$90.56 Billion | ▲ +41.1% |
| 2023 | 0.31x | R$66.61 Billion | R$212.39 Billion | R$59.54 Billion | ▲ +55.7% |
| 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 | ▲ +81.4% |
| 2018 | 0.53x | R$14.02 Billion | R$26.35 Billion | R$11.90 Billion | ▼ -13.1% |
| 2017 | 0.61x | R$16.60 Billion | R$27.11 Billion | R$13.64 Billion | ▼ -37.0% |
| 2016 | 0.97x | R$25.39 Billion | R$26.11 Billion | R$14.09 Billion | ▼ -46.7% |
| 2015 | 1.82x | R$47.28 Billion | R$25.91 Billion | R$21.65 Billion | ▲ +0.4% |
| 2014 | 1.82x | R$48.41 Billion | R$26.63 Billion | R$34.81 Billion | ▼ -17.1% |
| 2013 | 2.19x | R$57.66 Billion | R$26.29 Billion | R$45.11 Billion | ▲ +136.5% |
| 2012 | 0.93x | R$25.86 Billion | R$27.89 Billion | R$25.86 Billion | ▲ +41.1% |
| 2011 | 0.66x | R$37.02 Billion | R$56.32 Billion | R$37.02 Billion | ▼ -58.4% |
| 2010 | 1.58x | R$45.08 Billion | R$28.50 Billion | R$45.08 Billion | ▲ +12.2% |
| 2009 | 1.41x | R$35.13 Billion | R$24.92 Billion | R$35.13 Billion | ▲ +33.2% |
| 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 | ▼ -21.5% |
| 2004 | 0.87x | R$7.72 Billion | R$8.83 Billion | R$7.72 Billion | ▲ +14.3% |
| 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 | — |