Petróleo Brasileiro S.A. - Petrobras
Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally. It operates through three segments: Exploration and Production; Refining, Transportation & Marketing; and Gas & Low Carbon Energies. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domest… Read more
Petróleo Brasileiro S.A. - Petrobras (PBR-A) - Net Assets
Latest net assets as of June 2025: $73.63 Billion USD
Based on the latest financial reports, Petróleo Brasileiro S.A. - Petrobras (PBR-A) has net assets worth $73.63 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($215.30 Billion) and total liabilities ($141.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $73.63 Billion |
| % of Total Assets | 34.2% |
| Annual Growth Rate | 6.99% |
| 5-Year Change | -0.88% |
| 10-Year Change | -10.15% |
| Growth Volatility | 34.6 |
Petróleo Brasileiro S.A. - Petrobras - Net Assets Trend (1999–2024)
This chart illustrates how Petróleo Brasileiro S.A. - Petrobras's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Petróleo Brasileiro S.A. - Petrobras (1999–2024)
The table below shows the annual net assets of Petróleo Brasileiro S.A. - Petrobras from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $59.35 Billion | -24.85% |
| 2023-12-31 | $78.97 Billion | +13.09% |
| 2022-12-31 | $69.84 Billion | +0.03% |
| 2021-12-31 | $69.81 Billion | +16.59% |
| 2020-12-31 | $59.88 Billion | -19.32% |
| 2019-12-31 | $74.22 Billion | +1.42% |
| 2018-12-31 | $73.17 Billion | -10.22% |
| 2017-12-31 | $81.50 Billion | +5.10% |
| 2016-12-31 | $77.55 Billion | +17.40% |
| 2015-12-31 | $66.06 Billion | -43.53% |
| 2014-12-31 | $116.98 Billion | -21.56% |
| 2013-12-31 | $149.12 Billion | -7.87% |
| 2012-12-31 | $161.87 Billion | -6.21% |
| 2011-12-31 | $172.59 Billion | -7.19% |
| 2010-12-31 | $185.95 Billion | +94.87% |
| 2009-12-31 | $95.42 Billion | +52.51% |
| 2008-12-31 | $62.57 Billion | -7.32% |
| 2007-12-31 | $67.51 Billion | +45.92% |
| 2006-12-31 | $46.27 Billion | +36.11% |
| 2005-12-31 | $33.99 Billion | +45.37% |
| 2004-12-31 | $23.38 Billion | +33.47% |
| 2003-12-31 | $17.52 Billion | +91.15% |
| 2002-12-31 | $9.16 Billion | -31.22% |
| 2001-12-31 | $13.33 Billion | -10.79% |
| 2000-12-31 | $14.94 Billion | +36.30% |
| 1999-12-31 | $10.96 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Petróleo Brasileiro S.A. - Petrobras's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $15.39 Billion | 26.04% |
| Common Stock | $107.10 Billion | 181.20% |
| Other Comprehensive Income | $-47.99 Billion | -81.20% |
| Total Equity | $59.11 Billion | 100.00% |
Petróleo Brasileiro S.A. - Petrobras Competitors by Market Cap
The table below lists competitors of Petróleo Brasileiro S.A. - Petrobras ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NetEase Inc
NASDAQ:NTES
|
$77.58 Billion |
|
Sumitomo Mitsui Financial
PINK:SMFNF
|
$77.77 Billion |
|
Bank of China Ltd H
PINK:BACHF
|
$77.92 Billion |
|
Ecolab Inc
NYSE:ECL
|
$77.95 Billion |
|
BNP Paribas SA
OTCQX:BNPQF
|
$76.94 Billion |
|
The Bank of Nova Scotia
MX:BNS
|
$76.65 Billion |
|
FedEx Corporation
NYSE:FDX
|
$76.50 Billion |
|
Delta Electronics Inc
TW:2308
|
$76.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Petróleo Brasileiro S.A. - Petrobras's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 78,583,000,000 to 59,106,000,000, a change of -19,477,000,000 (-24.8%).
- Net income of 6,790,271,000 contributed positively to equity growth.
- Dividend payments of 18,327,000,000 reduced retained earnings.
- Share repurchases of 380,000,000 reduced equity.
- Other comprehensive income decreased equity by 51,255,457,839.
- Other factors increased equity by 43,695,186,839.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.79 Billion | +11.49% |
| Dividends Paid | $18.33 Billion | -31.01% |
| Share Repurchases | $380.00 Million | -0.64% |
| Other Comprehensive Income | $-51.26 Billion | -86.72% |
| Other Changes | $43.70 Billion | +73.93% |
| Total Change | $- | -24.79% |
Book Value vs Market Value Analysis
This analysis compares Petróleo Brasileiro S.A. - Petrobras's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.91x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.07x to 1.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $8.45 | $17.46 | x |
| 2000-12-31 | $3.38 | $17.46 | x |
| 2001-12-31 | $3.05 | $17.46 | x |
| 2002-12-31 | $4.26 | $17.46 | x |
| 2003-12-31 | $7.82 | $17.46 | x |
| 2004-12-31 | $10.26 | $17.46 | x |
| 2005-12-31 | $15.01 | $17.46 | x |
| 2006-12-31 | $10.10 | $17.46 | x |
| 2007-12-31 | $14.86 | $17.46 | x |
| 2008-12-31 | $14.11 | $17.46 | x |
| 2009-12-31 | $19.25 | $17.46 | x |
| 2010-12-31 | $37.30 | $17.46 | x |
| 2011-12-31 | $26.23 | $17.46 | x |
| 2012-12-31 | $24.64 | $17.46 | x |
| 2013-12-31 | $22.77 | $17.46 | x |
| 2014-12-31 | $17.83 | $17.46 | x |
| 2015-12-31 | $10.00 | $17.46 | x |
| 2016-12-31 | $11.77 | $17.46 | x |
| 2017-12-31 | $12.24 | $17.46 | x |
| 2018-12-31 | $10.97 | $17.46 | x |
| 2019-12-31 | $11.24 | $17.46 | x |
| 2020-12-31 | $9.10 | $17.46 | x |
| 2021-12-31 | $10.64 | $17.46 | x |
| 2022-12-31 | $10.65 | $17.46 | x |
| 2023-12-31 | $12.07 | $17.46 | x |
| 2024-12-31 | $9.16 | $17.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Petróleo Brasileiro S.A. - Petrobras utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.49%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.43%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 3.07x
- Recent ROE (11.49%) is below the historical average (17.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 6.78% | 4.44% | 0.48x | 3.15x | $-345.20 Million |
| 2000 | 36.33% | 19.82% | 0.69x | 2.67x | $3.87 Billion |
| 2001 | 26.35% | 14.22% | 0.67x | 2.78x | $2.17 Billion |
| 2002 | 24.85% | 10.22% | 0.71x | 3.44x | $1.38 Billion |
| 2003 | 38.24% | 21.22% | 0.58x | 3.13x | $4.84 Billion |
| 2004 | 27.50% | 16.11% | 0.61x | 2.80x | $3.94 Billion |
| 2005 | 31.42% | 18.37% | 0.72x | 2.39x | $7.05 Billion |
| 2006 | 28.95% | 17.73% | 0.73x | 2.23x | $8.40 Billion |
| 2007 | 20.16% | 14.97% | 0.68x | 1.99x | $6.62 Billion |
| 2008 | 30.49% | 15.96% | 0.94x | 2.03x | $12.69 Billion |
| 2009 | 16.48% | 16.88% | 0.46x | 2.13x | $6.10 Billion |
| 2010 | 10.89% | 16.65% | 0.39x | 1.68x | $1.64 Billion |
| 2011 | 11.74% | 13.79% | 0.46x | 1.85x | $2.99 Billion |
| 2012 | 6.87% | 7.66% | 0.44x | 2.04x | $-5.04 Billion |
| 2013 | 7.47% | 7.84% | 0.44x | 2.16x | $-3.76 Billion |
| 2014 | -6.34% | -5.13% | 0.48x | 2.57x | $-18.99 Billion |
| 2015 | -12.95% | -8.68% | 0.42x | 3.53x | $-14.97 Billion |
| 2016 | -6.30% | -5.94% | 0.33x | 3.22x | $-12.52 Billion |
| 2017 | -0.11% | -0.12% | 0.31x | 3.15x | $-8.07 Billion |
| 2018 | 10.03% | 8.47% | 0.38x | 3.10x | $18.60 Million |
| 2019 | 13.84% | 13.25% | 0.33x | 3.13x | $2.82 Billion |
| 2020 | 1.92% | 2.13% | 0.28x | 3.20x | $-4.79 Billion |
| 2021 | 28.64% | 23.67% | 0.48x | 2.51x | $12.93 Billion |
| 2022 | 52.70% | 29.42% | 0.66x | 2.69x | $29.67 Billion |
| 2023 | 31.67% | 24.30% | 0.47x | 2.76x | $17.03 Billion |
| 2024 | 11.49% | 7.43% | 0.50x | 3.07x | $879.67 Million |
Industry Comparison
This section compares Petróleo Brasileiro S.A. - Petrobras's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $12,234,839,226
- Average return on equity (ROE) among peers: -10.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Petróleo Brasileiro S.A. - Petrobras (PBR-A) | $73.63 Billion | 6.78% | 1.92x | $77.12 Billion |
| Bedford Energy Inc (BFDE) | $270.56K | 33.19% | 3.36x | $0.97 |
| Brinx Resources Ltd (BNXR) | $3.42 Million | -3.85% | 0.01x | $1.97K |
| BP p.l.c (BPAQF) | $11.24 Billion | 15.02% | 1.73x | $69.85 Billion |
| Crown LNG Holdings Limited Ordinary Shares (CGBS) | $19.26K | -29.83% | 3.48x | $16.80K |
| Crown LNG Holdings Limited Warrants (CGBSW) | $14.89 Million | -181.71% | 1.10x | $834.21K |
| CNVEF (CNVEF) | $28.71 Billion | 14.31% | 0.88x | $18.53 Billion |
| Cenovus Energy Inc (CVE) | $19.20 Billion | 11.43% | 0.86x | $36.54 Billion |
| Chevron Corp (CVX) | $62.88 Billion | 22.42% | 1.00x | $364.96 Billion |
| Diversified Energy Company plc (DEC) | $-5.06 Million | 0.00% | 0.00x | $948.63 Million |
| ECA Marcellus Trust I Unit (ECTM) | $304.85 Million | 13.74% | 0.05x | $4.85K |