B3 · BRL

PETR3

Petroleo Brasileiro SA

R$53.87-0.35% (-R$0.19)
Day's range
R$53.87 – R$55.28
Day's volume
R$562.7m
52-week range
R$30.96 – R$56.65

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PETR3 in numbers

Market cap
R$668.4bn
P/E
5.21
P/B
1.44
Dividend yield (12m)
6.79%
Net debt/EBITDA
1.14

The 12-month dividend yield of PETR3 is 6.79%, below its 5-year average of 25.30%.

PETR3 price history

01/10/202530/09/2026
Compare with

PETR3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+74.38%+109.46%+527.89%
Volatility (annualised)43.31%32.92%32.78%
Largest drawdown-22.51%-22.51%-22.51%
Positive months9/1223/3640/60

How much did investing in PETR3 return?

R$1,000.00 invested on 01/09/2021 would be worth R$6,278.90 today.

Value today in PETR3
R$6,278.90
Return over the period
+527.89%
Return per year
+44.41%
In the Ibovespa
R$1,657.66

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

PETR3 fundamentals

Valuation

  • P/E
    5.21
  • P/B
    1.44
  • EV/EBITDA
    3.59
  • EV/EBIT
    5.28
  • EV/Revenue
    1.79
  • P/EBIT
    3.60
  • P/S
    1.22
  • P/OCF
    3.12
  • P/FCF
    6.35
  • Earnings yield
    18.93%
  • PEG ratio
    0.07
  • Earnings per share
    R$10.35
  • Book value per share
    R$37.32

Debt

  • Net debt
    R$312.8bn
  • Net debt/EBITDA
    1.14
  • Net debt/Equity
    0.65
  • Debt/Equity
    0.76
  • Current ratio
    0.85
  • Quick ratio
    0.58
  • Cash ratio
    0.30

Efficiency

  • Gross margin
    50.60%
  • EBITDA margin
    49.83%
  • Operating margin
    33.86%
  • Net margin
    24.39%
  • Asset turnover
    0.43

Profitability

  • ROE
    27.73%
  • ROA
    10.46%
  • ROIC
    17.28%
  • Payout
    35.32%

Growth

  • Revenue CAGR (5 years)
    9.87%
  • Earnings CAGR (5 years)
    5.43%
  • Revenue growth (year)
    1.37%
  • Earnings growth (year)
    200.85%
  • Revenue growth (quarter)
    11.23%
  • Earnings growth (quarter)
    72.38%

What is PETR3's fair price?

Two classic value formulas, with today's numbers. The current price is R$53.87.

Graham's fair price
R$93.21
73.03% above the price

√(22.50 × R$10.35 × R$37.32)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
R$137.09
154.49% above the price

R$8.23 (5-year average) ÷ 6%

Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.

Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.

PETR3 indicators by year

Multiples at each year's closing price; margins and returns from that year's accounts.

Indicator20252024202320222021202020192018
P/E3.8113.884.081.943.7552.9510.4012.85
P/B1.011.381.331.001.031.211.401.17
EV/EBITDA3.274.092.771.602.376.245.075.53
Dividend yield13.18%21.42%19.62%53.82%18.43%3.15%1.16%0.79%
Earnings per shareR$8.54R$2.84R$9.55R$14.44R$8.18R$0.54R$3.08R$1.98
Book value per shareR$32.40R$28.51R$29.31R$27.93R$29.87R$23.85R$22.93R$21.74
ROE26.37%9.96%32.59%51.68%27.38%2.28%13.42%9.09%
ROIC14.24%13.36%21.89%34.34%22.77%7.76%8.64%7.16%
Gross margin47.63%50.21%52.72%52.10%48.52%45.56%40.40%35.60%
EBITDA margin46.23%41.61%51.83%57.60%61.99%41.52%47.95%31.02%
Net margin22.13%7.46%24.34%29.37%23.56%2.61%13.28%7.37%
Net debt/EBITDA1.451.600.860.610.952.912.192.48

PETR3 financial statements

Line202520242023202220212020
Net revenueR$497.5bnR$490.8bnR$512bnR$641.3bnR$452.7bnR$272.1bn
Cost of sales-R$260.6bn-R$244.4bn-R$242.1bn-R$307.2bn-R$233bn-R$148.1bn
Gross profitR$237bnR$246.5bnR$269.9bnR$334.1bnR$219.6bnR$124bn
EBITDAR$230bnR$204.2bnR$265.4bnR$369.4bnR$280.6bnR$113bn
EBITR$145.6bnR$137.2bnR$189.3bnR$294.3bnR$210.8bnR$49.6bn
Net finance resultR$5bn-R$82.5bn-R$11.9bn-R$19.3bn-R$59.3bn-R$49.6bn
Profit before taxR$150.6bnR$54.7bnR$177.5bnR$275bnR$151.6bnR$37m
Income tax-R$40bn-R$17.7bn-R$52.3bn-R$86bn-R$44.3bnR$6.2bn
Net incomeR$110.1bnR$36.6bnR$124.6bnR$188.3bnR$106.7bnR$7.1bn

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

PETR3 against its sector

The same indicators for the company's other shares and the sector's largest stocks.

StockP/EP/BDividend yield (12m)ROEMarket cap
PETR3Petrobras5.211.446.79%27.73%R$668.4bn
PETR4PETROLEO BRASILEIRO S.A. PETROBRAS4.751.327.44%27.73%R$668.4bn
PRIO3PRIO S.A.13.731.880.00%13.71%R$53.1bn

Does PETR3 pay dividends?

Announced payments
TypeLast day to ownPaymentPer share
Interest on equity21/08/202623/11/2026R$0.67
Dividend21/08/202621/12/2026R$0.47
Interest on equity21/08/202621/12/2026R$0.20

Dividend yield per year

  • 0.00%2017
  • 0.79%2018
  • 1.16%2019
  • 3.15%2020
  • 18.43%2021
  • 53.82%2022
  • 19.62%2023
  • 21.42%2024
  • 13.18%2025
  • 4.28%2026
Payment history
TypeLast day to ownPaymentPer share
Interest on equity01/06/202621/09/2026R$0.35
Interest on equity01/06/202620/08/2026R$0.35
Interest on equity22/04/202622/06/2026R$0.31
Income22/04/202622/06/2026R$0.02
Income22/04/202620/05/2026R$0.02
Interest on equity22/04/202620/05/2026R$0.31
Dividend22/12/202520/03/2026R$0.30
Interest on equity22/12/202520/03/2026R$0.18
Interest on equity22/12/202520/02/2026R$0.47
Dividend21/08/202522/12/2025R$0.20
Interest on equity21/08/202522/12/2025R$0.14
Interest on equity21/08/202521/11/2025R$0.34
See all 172 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Interest on equity02/06/202522/09/2025R$0.15
Dividend02/06/202522/09/2025R$0.31
Interest on equity02/06/202520/08/2025R$0.45
Dividend16/04/202520/06/2025R$0.35
Income16/04/202520/06/2025R$0.02
Dividend16/04/202520/05/2025R$0.35
Dividend23/12/202420/03/2025R$0.65
Interest on equity23/12/202420/03/2025R$0.65
Interest on equity23/12/202420/03/2025R$0.01
Interest on equity23/12/202420/02/2025R$0.66
Dividend11/12/202423/12/2024R$1.55
Dividend21/08/202420/12/2024R$0.53
Dividend21/08/202421/11/2024R$0.11
Interest on equity21/08/202421/11/2024R$0.41
Interest on equity11/06/202420/09/2024R$0.07
Dividend11/06/202420/09/2024R$0.45
Interest on equity13/05/202420/09/2024R$0.07
Dividend13/05/202420/09/2024R$0.45
Interest on equity11/06/202420/08/2024R$0.52
Income02/05/202420/06/2024R$0.04
Dividend02/05/202420/06/2024R$0.85
Dividend25/04/202420/06/2024R$0.55
Income25/04/202420/06/2024R$0.03
Income02/05/202420/05/2024R$0.03
Dividend02/05/202420/05/2024R$0.85
Income25/04/202420/05/2024R$0.02
Dividend25/04/202420/05/2024R$0.55
Dividend21/11/202320/03/2024R$0.67
Dividend21/11/202320/02/2024R$0.24
Interest on equity21/11/202320/02/2024R$0.43
Dividend27/04/202327/12/2023R$0.50
Dividend21/08/202315/12/2023R$0.57
Interest on equity21/08/202321/11/2023R$0.37
Dividend21/08/202321/11/2023R$0.21
Dividend12/06/202320/09/2023R$0.95
Interest on equity12/06/202318/08/2023R$0.67
Dividend12/06/202318/08/2023R$0.28
Income27/04/202316/06/2023R$0.06
Income27/04/202316/06/2023R$0.05
Dividend27/04/202316/06/2023R$0.87
Income27/04/202319/05/2023R$0.07
Dividend27/04/202319/05/2023R$1.37
Interest on equity21/11/202219/01/2023R$0.07
Dividend21/11/202219/01/2023R$1.60
Interest on equity21/11/202220/12/2022R$0.52
Dividend21/11/202220/12/2022R$1.16
Dividend11/08/202220/09/2022R$3.37
Dividend11/08/202231/08/2022R$2.94
Interest on equity11/08/202231/08/2022R$0.43
Dividend23/05/202220/07/2022R$1.86
Dividend23/05/202220/06/2022R$1.43
Interest on equity23/05/202220/06/2022R$0.43
Dividend13/04/202216/05/2022R$2.97
Dividend01/12/202115/12/2021R$2.20
Interest on equity01/12/202115/12/2021R$1.06
Dividend16/08/202125/08/2021R$1.61
Dividend14/04/202129/04/2021R$0.79
Dividend22/07/202015/12/2020R$0.24
Dividend27/04/202015/12/2020R$0.23
Dividend22/04/202020/05/2020R$0.23
Interest on equity11/11/201907/02/2020R$0.20
Interest on equity12/08/201904/10/2019R$0.20
Interest on equity21/05/201905/07/2019R$0.10
Dividend25/04/201920/05/2019R$0.02
Interest on equity21/12/201820/05/2019R$0.05
Interest on equity21/11/201803/12/2018R$0.10
Interest on equity13/08/201823/08/2018R$0.05
Interest on equity21/05/201829/05/2018R$0.05
Interest on equity02/04/201425/04/2014R$0.52
Interest on equity02/04/201425/04/2014R$0.54
Interest on equity11/05/201231/05/2012R$0.20
Dividend19/03/201218/05/2012R$0.12
Dividend19/03/201218/05/2012R$0.12
Interest on equity02/01/201229/02/2012R$0.20
Interest on equity11/11/201130/11/2011R$0.20
Interest on equity02/08/201131/08/2011R$0.20
Dividend28/04/201127/06/2011R$0.12
Dividend28/04/201127/06/2011R$0.12
Interest on equity11/05/201131/05/2011R$0.20
Interest on equity21/03/201131/03/2011R$0.15
Interest on equity21/03/201131/03/2011R$0.15
Interest on equity21/12/201030/12/2010R$0.20
Interest on equity01/11/201030/11/2010R$0.14
Interest on equity30/07/201030/09/2010R$0.20
Interest on equity21/05/201031/05/2010R$0.20
Interest on equity22/04/201030/04/2010R$0.12
Dividend22/04/201030/04/2010R$0.13
Interest on equity18/12/200929/12/2009R$0.20
Interest on equity30/09/200921/12/2009R$0.20
Interest on equity03/07/200930/11/2009R$0.30
Dividend08/04/200914/08/2009R$0.33
Interest on equity04/04/200803/06/2008R$0.15
Dividend04/04/200803/06/2008R$0.05
Interest on equity11/01/200830/04/2008R$0.30
Interest on equity05/10/200731/03/2008R$0.50
Interest on equity17/08/200723/01/2008R$0.50
Dividend02/04/200717/05/2007R$0.35
Interest on equity28/12/200630/03/2007R$0.45
Interest on equity31/10/200604/01/2007R$1.00
Interest on equity03/04/200623/05/2006R$0.25
Dividend03/04/200623/05/2006R$0.35
Interest on equity29/12/200522/03/2006R$0.50
Interest on equity30/06/200505/01/2006R$2.00
Interest on equity31/03/200517/05/2005R$1.00
Dividend31/03/200517/05/2005R$0.60
Interest on equity30/09/200415/02/2005R$2.99
Interest on equity29/03/200421/05/2004R$1.15
Dividend29/03/200421/05/2004R$1.00
Interest on equity25/11/200313/02/2004R$2.99
Dividend27/03/200305/05/2003R$0.53
Interest on equity27/03/200305/05/2003R$1.00
Interest on equity12/11/200213/01/2003R$1.00
Dividend22/03/200203/05/2002R$1.30
Interest on equity22/03/200203/05/2002R$0.89
Dividend03/08/200122/08/2001R$0.03
Interest on equity29/06/200122/08/2001R$1.02
Interest on equity23/03/200104/05/2001R$1.67
Dividend23/03/200104/05/2001R$0.57
Dividend23/03/200019/05/2000R$3.58
Interest on equity23/03/200019/05/2000R$4.27
Income16/04/2025—R$0.02
Income02/04/2014—R$0.02
Income29/04/2013—R$0.01
Interest on equity29/04/2013—R$0.14
Interest on equity29/04/2013—R$0.13
Income29/04/2013—R$0.00
Income19/03/2012—R$0.00
Income28/04/2011—R$0.00
Income21/03/2011—R$0.00
Income22/04/2010—R$0.00
Income22/04/2010—R$0.00
Income08/04/2009—R$0.01
Interest on equity26/12/2008—R$0.80
Income04/04/2008—R$0.00
Income04/04/2008—R$0.00
Income11/01/2008—R$0.00
Income02/04/2007—R$0.01
Income28/12/2006—R$0.00
Income03/04/2006—R$0.02
Income29/12/2005—R$0.00
Income30/06/2005—R$0.00
Income31/03/2005—R$0.07
Income30/09/2004—R$0.01
Income29/03/2004—R$0.04
Income25/11/2003—R$0.01
Income27/03/2003—R$0.06
Income27/03/2003—R$0.03
Income22/03/2002—R$0.09
Income23/03/2001—R$0.07
Income23/03/2000—R$0.17
Income23/03/2000—R$0.14
Interest on equity24/03/1999—R$4.55
Dividend24/03/1999—R$0.11
Dividend24/03/1998—R$0.93
Dividend24/03/1998—R$0.60
Dividend24/03/1998—R$0.19
Dividend24/03/1998—R$0.06
Dividend21/03/1997—R$0.50
Dividend21/03/1997—R$0.47
Dividend21/03/1996—R$0.99
Splits, share consolidations and bonus shares
EventLast day to ownRatio
Split25/04/20082 for 1
Split01/09/20054 for 1
Share consolidation21/06/20001 for 100
Bonus shares25/03/199433.33% in shares

About Petrobras

Sector
Energia
Segment
Exploração. Refino e Distribuição
Listing segment
Level 2
Tag along
100.00%
Free float
61.21%
Shares issued
7.44bn ordinary · 5.45bn preferred
Average daily trading
R$505.6m
Ibovespa weight
5.04%
Listed since
20/07/1977
CNPJ
33.000.167/0001-01

Petróleo Brasileiro S.A. - Petrobras é uma empresa integrada de óleo e gás, uma das maiores produtoras de petróleo do mundo, atuando em exploração, produção, refino, distribuição e comercialização de petróleo, gás natural e derivados. A companhia organiza suas operações em cinco segmentos principais: Exploração e Produção (E&P), focando na exploração, desenvolvimento e produção de óleo cru e gás natural; Refino, Processamento de Gás Natural e Distribuição; Comercialização e Logística; Gás e Energia; e Biocombustíveis. Com operações no Brasil e internacionalmente, a Petrobras é responsável por significativa parcela da produção de petróleo brasileira, incluindo operações no pré-sal. A empresa investe continuamente em inovação, tecnologia e transição energética, buscando conciliar produção de energia com sustentabilidade ambiental.

Investor website
ShareholdersAs of 31/12/2026, from the Formulário de Referência filed with the CVM.
ShareholderOrdinaryPreferredTotal
União FederalControlling50.26%0.00%29.02%
BNDES Participações - BNDESPAR0.00%16.53%6.98%
GQG Partners LLC5.00%6.38%5.58%
BlackRock Inc3.94%7.20%5.32%
Banco Nacional de Desenvolvimento Econômico e Social - BNDES0.00%2.48%1.05%
Outros40.80%67.41%52.05%

Questions about PETR3

How much is PETR3 today?

PETR3 is at R$53.87 (-0.35% on the day), last traded on 01/10/2026.

How much did PETR3 pay in dividends in 2025?

PETR3 paid R$4.29 per share in 2025, a dividend yield of 13.18%.

When is the next PETR3 dividend?

The next announced payment is R$0.67 per share on 23/11/2026.

What are the P/E and P/B of PETR3?

PETR3 trades at a P/E of 5.21 and a P/B of 1.44.

How much did PETR3 return in 12 months?

PETR3 returned 74.38% in 12 months, with annualised volatility of 43.31% and a largest drawdown of -22.51%.

What sector is PETR3 in?

Petrobras is in the Energia sector, Exploração. Refino e Distribuição segment.