Brava Energia (BSP:BRAV3) Gross Margin %: 36.14% (As of Mar. 2026) — 28% Below Median


BSP:BRAV3 Brava Energia SA BSP:BRAV3
66 GF Score
Price R$19.21
GF Value R$20.34
Valuation Fairly Valued
! 8 Warning Signs
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What is Brava Energia Gross Margin %?

Brava Energia BSP:BRAV3 -0.05% 66 Gross Margin % is 36.14% as of Mar. 2026, which is 28% below its 10-year median of 50.52. GuruFocus rates BSP:BRAV3 with a GF Score™ of 66/100 and a GF Value™ of R$20.34 (Fairly Valued). The stock has 8 warning signs investors should review. Among 867 Oil & Gas companies, Brava Energia ranks better than 52.48% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Brava Energia's Gross Profit for the three months ended in Mar. 2026 was R$1,133 Mil. Brava Energia's Revenue for the three months ended in Mar. 2026 was R$3,135 Mil. Therefore, Brava Energia's Gross Margin % for the quarter that ended in Mar. 2026 was 36.14%.

Warning Sign:

Brava Energia SA gross margin has been in long-term decline. The average rate of decline per year is -14.9%.


The historical rank and industry rank for Brava Energia's Gross Margin % or its related term are showing as below:

BSP:BRAV3' s Gross Margin % Range Over the Past 10 Years
Min: 26.68   Med: 50.52   Max: 66.39
Current: 27.81


During the past 10 years, the highest Gross Margin % of Brava Energia was 66.39%. The lowest was 26.68%. And the median was 50.52%.

BSP:BRAV3's Gross Margin % is ranked better than
52.48% of 867 companies
in the Oil & Gas industry
Industry Median: 25.7 vs BSP:BRAV3: 27.81

Brava Energia had a gross margin of 36.14% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Brava Energia was -14.90% per year.


Brava Energia  (BSP:BRAV3) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Brava Energia had a gross margin of 36.14% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Brava Energia Gross Margin % Related Terms


Brava Energia Gross Margin % Historical Data

* Premium members only.

The historical data trend for Brava Energia's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Brava Energia Gross Margin % Chart

Brava Energia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.10 51.49 31.28 26.68 26.69

Brava Energia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.37 33.93 29.32 8.20 36.14

BSP:BRAV3 vs COP, EOG, OXY: Gross Margin % Comparison

For the Oil & Gas E&P subindustry, Brava Energia's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brava Energia Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Brava Energia's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Brava Energia's Gross Margin % falls into.


BSP:BRAV3
66GF Score
Brava Energia SA BSP:BRAV3
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Brava Energia Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Brava Energia's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=3102.5 / 11622.991
=(Revenue - Cost of Goods Sold) / Revenue
=(11622.991 - 8520.457) / 11622.991
=26.69 %

Brava Energia's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1132.9 / 3135.056
=(Revenue - Cost of Goods Sold) / Revenue
=(3135.056 - 2002.173) / 3135.056
=36.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 36.14% mean?
Brava Energia (BSP:BRAV3) has a Gross Margin % of 36.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Brava Energia and its competitors. This is 28% below median its historical median of 50.52. Over the past decade, Brava Energia's Gross Margin % has ranged from 26.68 to 66.39. According to the industry distribution chart, Brava Energia ranks #412 out of 867 companies in the Oil & Gas industry, placing it in the top 47.5%.
Is Brava Energia's Gross Margin % too high?
Brava Energia's current Gross Margin % of 36.14% is 28% below median its 10-year median of 50.52. Over the past 10 years, this metric has ranged from a low of 26.68 to a high of 66.39. The Oil & Gas industry median Gross Margin % is 25.70. Brava Energia's value of 36.14% is 40.6% above this industry median. Based on the distribution chart, Brava Energia ranks #412 out of 867 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Brava Energia has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Brava Energia's Gross Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Brava Energia ranks #412 out of 867 companies for Gross Margin %. This puts Brava Energia in the upper half of its industry. The industry median Gross Margin % is 25.70. Brava Energia's value of 36.14% is 40.6% above this benchmark. Historically, Brava Energia's own Gross Margin % has ranged from 26.68 to 66.39 over the past decade. While the company's 10-year median is 50.52 vs. the industry median of 25.70, Brava Energia has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Brava Energia's current Gross Margin % of 36.14% is 40.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Brava Energia and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brava Energia's current Gross Margin % is 36.14%, which is 28% below median its own 10-year median of 50.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brava Energia stock overvalued right now?
Based on GuruFocus' analysis, Brava Energia (BSP:BRAV3) is currently considered Fairly Valued. The stock's GF Value™ is R$20.34, compared to a current price of R$19.21 — trading 5.6% below its estimated fair value. The current Gross Margin % is 36.14%, which is 28% below median its 10-year median of 50.52 and 40.6% above the Oil & Gas industry median of 25.70. Brava Energia's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Brava Energia (BSP:BRAV3), the current Gross Margin % is 36.14% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Brava Energia (BSP:BRAV3) Overvalued in 2026?

Based on GuruFocus' analysis, Brava Energia stock appears to be undervalued. The current stock price of R$19.21 is trading 5.6% below its estimated GF Value™ of R$20.34. GuruFocus considers Brava Energia to be Fairly Valued.

Key valuation signals for BSP:BRAV3:

  • Gross Margin %: 36.14% (28% below median its 10-year median of 50.52)
  • GF Value™: R$20.34 vs. price of R$19.21 (5.6% below fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 40.6% above the Oil & Gas median (#412 of 867)

No single metric tells the full story. See the BSP:BRAV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brava Energia Business Description

Industry EnergyOil & Gas
Other Exchanges BVENY:USA
Address Praia de Botafogo, 186, 16th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145
Brava Energia SA is engaged in the oil and gas sector with a focus on the redevelopment of mature production fields located onshore, in shallow waters, and offshore. The company operates in the following business segments: Exploration and Production (E&P), Mid and Downstream, and Corporate and other businesses. Maximum revenue is generated from the Exploration and Production segment, which includes oil and gas exploration and production activities in Brazil, including production development. This segment generates revenue mainly from the sale of oil and gas. The Mid and Downstream segment includes the activities of refining, logistics, transportation, acquisition, and export of crude oil, as well as the purchase and sale of oil and gas derivatives in Brazil.
66GF Score

Get the complete analysis for BSP:BRAV3

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$19.21
Price
R$20.34
GF Value