Petrobras - Petroleo Brasileiro SA balance sheet PBR-A

Annual Quarterly

As of Dec 31, 2024, Petrobras - Petroleo Brasileiro SA had total assets of $181.6 billion and total liabilities of $122.3 billion. Total assets were down 16.3% from a year earlier. Stockholders' equity was $59.4 billion. It held $3.3 billion in cash and investments against $60.3 billion of total debt, net debt of $57.0 billion. The current ratio, current assets divided by current liabilities, was 0.69.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2010 Dec 31, 2010	FY 2009 Dec 31, 2009
Assets
Cash	3,271 -74.3%	12,727 +59.2%	7,996 -23.6%	10,467 -10.6%	11,711 +58.9%	7,372 -47.0%	13,899 -38.3%	22,519	17,633 +9.1%	16,169
Short-term investments	—	—	—	—	—	—	—	—	15,612 +21583.3%	72
Long-term investments	—	—	—	—	—	—	—	—	3,099 +16.5%	2,659
Cash and investments	3,271 -74.3%	12,727 +59.2%	7,996 -23.6%	10,467 -10.6%	11,711 +58.9%	7,372 -47.0%	13,899 -38.3%	22,519	36,344 +92.3%	18,900
Receivables	3,566 -41.9%	6,135 +22.5%	5,010 -21.3%	6,368 +34.6%	4,731 +25.8%	3,762 -34.5%	5,746 +15.6%	4,972	—	—
Inventory	6,710 -12.6%	7,681 -12.5%	8,779 +21.0%	7,255 +27.8%	5,677 -30.7%	8,189 -8.9%	8,987 +5.9%	8,489	—	—
Total current assets	21,836 -32.7%	32,445 +3.8%	31,250 +3.7%	30,149 +10.1%	27,388 -1.5%	27,812 -25.0%	37,062 -21.4%	47,131	—	—
Property and equipment, net	136,285 -11.2%	153,424 +17.9%	130,169 +3.9%	125,330 +0.9%	124,201 -22.0%	159,265 +1.2%	157,383 -10.9%	176,650	—	—
Goodwill	—	—	—	—	—	—	—	—	192 +38.1%	139
Total assets	181,645 -16.3%	217,067 +16.0%	187,191 +7.4%	174,348 -8.2%	190,010 -17.3%	229,740 +3.5%	222,068 -11.7%	251,366	308,683 +54.1%	200,270
Liabilities and equity
Accounts payable	6,082 +26.4%	4,813 -11.9%	5,464 -0.3%	5,483 -20.1%	6,859 +22.5%	5,601 -11.5%	6,327 +9.7%	5,767	—	—
Total current liabilities	31,460 -7.1%	33,860 +7.9%	31,380 +29.8%	24,176 -7.8%	26,225 -9.0%	28,816 +15.0%	25,051 +0.4%	24,948	—	—
Total liabilities	122,295 -11.4%	138,092 +17.7%	117,355 +12.3%	104,536 -19.7%	130,134 -16.3%	155,525 +4.5%	148,893 -12.3%	169,864	—	—
Stockholders' equity	59,350 -24.8%	78,975 +13.1%	69,836 +0.0%	69,812 +16.6%	59,876 -19.3%	74,215 +1.4%	73,175 -9.9%	81,245	—	—
Debt
Debt due within a year	2,576 -40.5%	4,326 +17.4%	3,576 -1.8%	3,749 -29.6%	5,326 +19.2%	4,469 -58.1%	3,667 -47.6%	7,001	69,431 +41.6%	49,041
Long-term debt	20,596 -15.9%	24,479 -7.2%	26,378 -17.7%	32,059 -35.5%	49,702 -15.5%	58,791 -27.0%	80,508 -21.1%	102,045	—	—
Lease liabilities	37,149 +9.9%	33,799 +41.7%	23,845 +3.5%	23,043 +6.4%	21,650 -9.3%	23,861	—	—	—	—
Total debt	60,321 -3.6%	62,604 +16.1%	53,799 -8.4%	58,851 -23.2%	76,678 -12.0%	87,121 -4.4%	84,175 -22.8%	109,046	69,431 +41.6%	49,041
Net cash	-57,050 -14.4%	-49,877 -8.6%	-45,803 +5.1%	-48,384 +25.5%	-64,967 +18.5%	-79,749 -3.2%	-70,276 +18.8%	-86,527	-33,087 -9.8%	-30,141
Ratios
Current ratio	0.69x	0.96x	1.00x	1.25x	1.04x	0.97x	1.48x	1.89x	—	—
Debt to equity	1.02x	0.79x	0.77x	0.84x	1.28x	1.17x	1.15x	1.34x	—	—
Debt to EBITDA	—	—	—	—	—	—	2.92x	4.57x	—	—
Return on equity	12.81%	31.65%	52.63%	28.63%	1.58%	13.96%	10.13%	0.21%	—	—
Return on assets	4.19%	11.51%	19.64%	11.46%	0.50%	4.51%	3.34%	0.07%	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Crude Petroleum & Natural Gas (SIC 1311)
Listed as: PBR (NYSE), PBR-A (NYSE)
Fiscal year ends: December 31
Incorporated in: Brazil
Headquarters: Rio De Janerio Rj Br
SEC filer status: Large accelerated filer
SEC CIK: 1119639
Former names: BRAZILIAN PETROLEUM CORP (until Jun 2, 2008)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.