Petróleo Brasileiro S.A. - Petrobras (PETR3) — Financial Flexibility Index

Latest as of June 2026: 0.11x

Petróleo Brasileiro S.A. - Petrobras (PETR3) has a Financial Flexibility Index of 0.11x as of June 2026. Free cash flow of R$16.87 Billion (operating CF R$12.30 Billion minus capex R$4.57 Billion) represents 0% of total liabilities (R$153.99 Billion). Check PETR3 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.11x
Free Cash Flow / Total Liabilities

Free Cash Flow

R$16.87 Billion
Operating CF − Capex

Total Liabilities

R$153.99 Billion
BRL

Capital Expenditures

R$4.57 Billion
BRL

Petróleo Brasileiro S.A. - Petrobras Financial Flexibility Index (1999–2025)

Historical Financial Flexibility Index trend for Petróleo Brasileiro S.A. - Petrobras across 27 annual periods. For the full cash flow conversion analysis, see how efficiently does Petróleo Brasileiro S.A. - Petrobras generate cash.

Annual Financial Flexibility Index for Petróleo Brasileiro S.A. - Petrobras (1999–2025)

Year-by-year free cash flow to debt coverage for Petróleo Brasileiro S.A. - Petrobras. Explore debt repayment capacity of Petróleo Brasileiro S.A. - Petrobras to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (BRL) Operating CF Total Liabilities YoY Change
2025 0.38x R$308.92 Billion R$200.25 Billion R$805.48 Billion ▼ -10.9%
2024 0.43x R$325.45 Billion R$234.89 Billion R$756.27 Billion ▲ +7.4%
2023 0.40x R$271.94 Billion R$212.39 Billion R$678.74 Billion ▼ -20.7%
2022 0.51x R$59.30 Billion R$49.72 Billion R$117.36 Billion ▲ +19.7%
2021 0.42x R$44.12 Billion R$37.79 Billion R$104.54 Billion ▲ +58.0%
2020 0.27x R$34.76 Billion R$28.89 Billion R$130.13 Billion ▼ -16.1%
2019 0.32x R$49.50 Billion R$25.60 Billion R$155.53 Billion ▼ -62.8%
2018 0.86x R$127.38 Billion R$87.75 Billion R$148.89 Billion ▲ +7.8%
2017 0.79x R$134.78 Billion R$89.67 Billion R$169.86 Billion ▲ +2.5%
2016 0.77x R$131.16 Billion R$85.20 Billion R$169.43 Billion ▼ -32.0%
2015 1.14x R$187.22 Billion R$102.00 Billion R$164.47 Billion ▲ +34.6%
2014 0.85x R$153.67 Billion R$66.61 Billion R$181.71 Billion ▼ -4.2%
2013 0.88x R$152.17 Billion R$56.03 Billion R$172.30 Billion ▲ +43.1%
2012 0.62x R$100.39 Billion R$52.08 Billion R$162.61 Billion ▼ -3.5%
2011 0.64x R$170.76 Billion R$103.03 Billion R$266.93 Billion ▼ -34.8%
2010 0.98x R$122.87 Billion R$47.59 Billion R$125.29 Billion ▼ -1.7%
2009 1.00x R$104.63 Billion R$43.42 Billion R$104.85 Billion ▼ -45.0%
2008 1.81x R$114.51 Billion R$55.62 Billion R$63.13 Billion ▲ +69.7%
2007 1.07x R$66.48 Billion R$22.66 Billion R$62.20 Billion ▼ -27.5%
2006 1.47x R$77.24 Billion R$45.58 Billion R$52.41 Billion ▲ +10.6%
2005 1.33x R$59.45 Billion R$35.27 Billion R$44.63 Billion ▲ +19.7%
2004 1.11x R$44.17 Billion R$23.57 Billion R$39.70 Billion ▼ -15.9%
2003 1.32x R$47.76 Billion R$27.07 Billion R$36.09 Billion ▲ +5.7%
2002 1.25x R$28.60 Billion R$16.06 Billion R$22.85 Billion ▲ +16.7%
2001 1.07x R$25.25 Billion R$16.99 Billion R$23.54 Billion ▲ +20.6%
2000 0.89x R$21.60 Billion R$14.71 Billion R$24.28 Billion ▲ +23.3%
1999 0.72x R$16.44 Billion R$8.57 Billion R$22.77 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities