Petróleo Brasileiro S.A. - Petrobras (PETR3) — Cash Flow Reinvestment Rate
Petróleo Brasileiro S.A. - Petrobras (PETR3) has a Cash Flow Reinvestment Rate of 0.48x as of June 2026, reinvesting R$5.87 Billion (capex R$4.57 Billion plus investments R$-1.30 Billion) from operating cash flow of R$12.30 Billion. See PETR3 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see PETR3 cash flow conversion.
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. See PETR3 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| 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 | ▲ +102.8% |
| 2018 | 0.48x | R$41.76 Billion | R$87.75 Billion | R$39.64 Billion | ▼ -11.2% |
| 2017 | 0.54x | R$48.07 Billion | R$89.67 Billion | R$45.11 Billion | ▼ -20.2% |
| 2016 | 0.67x | R$57.26 Billion | R$85.20 Billion | R$45.96 Billion | ▼ -38.2% |
| 2015 | 1.09x | R$110.86 Billion | R$102.00 Billion | R$85.23 Billion | ▼ -28.1% |
| 2014 | 1.51x | R$100.66 Billion | R$66.61 Billion | R$87.06 Billion | ▼ -22.1% |
| 2013 | 1.94x | R$108.69 Billion | R$56.03 Billion | R$96.14 Billion | ▲ +109.2% |
| 2012 | 0.93x | R$48.30 Billion | R$52.08 Billion | R$48.30 Billion | ▲ +41.1% |
| 2011 | 0.66x | R$67.73 Billion | R$103.03 Billion | R$67.73 Billion | ▼ -58.4% |
| 2010 | 1.58x | R$75.28 Billion | R$47.59 Billion | R$75.28 Billion | ▲ +12.2% |
| 2009 | 1.41x | R$61.21 Billion | R$43.42 Billion | R$61.21 Billion | ▲ +33.2% |
| 2008 | 1.06x | R$58.88 Billion | R$55.62 Billion | R$58.88 Billion | ▼ -45.2% |
| 2007 | 1.93x | R$43.81 Billion | R$22.66 Billion | R$43.81 Billion | ▲ +178.3% |
| 2006 | 0.69x | R$31.66 Billion | R$45.58 Billion | R$31.66 Billion | ▲ +1.3% |
| 2005 | 0.69x | R$24.18 Billion | R$35.27 Billion | R$24.18 Billion | ▼ -21.5% |
| 2004 | 0.87x | R$20.60 Billion | R$23.57 Billion | R$20.60 Billion | ▲ +14.3% |
| 2003 | 0.76x | R$20.69 Billion | R$27.07 Billion | R$20.69 Billion | ▼ -2.1% |
| 2002 | 0.78x | R$12.54 Billion | R$16.06 Billion | R$12.54 Billion | ▲ +60.5% |
| 2001 | 0.49x | R$8.27 Billion | R$16.99 Billion | R$8.27 Billion | ▲ +3.7% |
| 2000 | 0.47x | R$6.90 Billion | R$14.71 Billion | R$6.90 Billion | ▼ -48.9% |
| 1999 | 0.92x | R$7.86 Billion | R$8.57 Billion | R$7.86 Billion | — |