Petróleo Brasileiro S.A. - Petrobras (PBR)

Petrobras Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	102,409	124,474	83,966	53,683	76,589
Revenue Growth (YoY)	-17.73%	48.24%	56.41%	-29.91%	-9.51%
Cost of Revenue	48,435	59,486	43,164	29,195	45,732
Gross Profit	53,974	64,988	40,802	24,488	30,857
Selling, General & Admin	6,632	6,263	5,405	5,974	6,600
Research & Development	1,708	1,679	1,250	1,158	1,375
Other Operating Expenses	7,601	-68	-3,437	7,293	3,467
Operating Expenses	15,941	7,874	3,218	14,425	11,442
Operating Income	38,033	57,114	37,584	10,063	19,415
Interest Expense / Income	3,922	3,500	5,150	6,004	7,086
Other Expense / Income	-1,174	221	4,320	4,092	-2,022
Pretax Income	35,285	53,393	28,114	-33	14,351
Income Tax	10,401	16,770	8,239	-1,174	4,200
Net Income	24,884	36,623	19,875	1,141	10,151
Net Income Growth	-32.05%	84.27%	1641.89%	-88.76%	41.52%
Shares Outstanding (Basic)	13,044	13,044	13,044	13,044	13,044
Shares Change	-	-	-	-	-0.00%
EPS (Basic)	3.82	5.62	3.04	0.18	1.56
EPS (Diluted)	3.82	5.62	3.04	0.18	1.56
EPS Growth	-32.03%	84.87%	1588.89%	-88.46%	41.82%
Free Cash Flow	31,098	40,136	31,466	23,016	10,064
Free Cash Flow Per Share	4.77	6.15	4.83	3.53	1.54
Dividend Per Share	1.771	4.066	2.081	0.087	0.253
Dividend Growth	-56.44%	95.39%	2291.95%	-65.61%	88.81%
Gross Margin	52.70%	52.21%	48.59%	45.62%	40.29%
Operating Margin	37.14%	45.88%	44.76%	18.75%	25.35%
Profit Margin	24.30%	29.42%	23.67%	2.13%	13.25%
Free Cash Flow Margin	30.37%	32.24%	37.47%	42.87%	13.14%
Effective Tax Rate	29.48%	31.41%	29.31%	-	29.27%
EBITDA	52,487	70,111	44,959	17,416	36,273
EBITDA Margin	51.25%	56.33%	53.54%	32.44%	47.36%
Depreciation & Amortization	13,280	13,218	11,695	11,445	14,836
EBIT	39,207	56,893	33,264	5,971	21,437
EBIT Margin	38.28%	45.71%	39.62%	11.12%	27.99%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).