The historical rank and industry rank for Petroleo Brasileiro Petrobras's Net Margin % or its related term are showing as below:
BSP:PETR4'
s Net Margin % Range Over the Past 10 Years
Min: -5.94 Med: 10.86 Max: 29.42
Current: 21.68
BSP:PETR4's Net Margin % is ranked better than 83.41% of 916
companies
in the Oil & Gas industry
Industry Median: 3.435
vs BSP:PETR4: 21.68
Petroleo Brasileiro Petrobras (BSP:PETR4) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Petroleo Brasileiro Petrobras Net Margin % Related Terms
Petroleo Brasileiro Petrobras Net Margin % Historical Data
* 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.
For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's Net Margin %, along with its competitors' market caps and Net 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.
Petroleo Brasileiro Petrobras Net Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's Net Margin % distribution charts can be found below:
* The bar in red indicates where Petroleo Brasileiro Petrobras's Net Margin % falls into.
* 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.
Petroleo Brasileiro Petrobras (BSP:PETR4) has a Net Margin % of 26.41% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Petroleo Brasileiro Petrobras and its competitors. This is 143% above median its historical median of 10.86. According to the industry distribution chart, Petroleo Brasileiro Petrobras ranks #152 out of 916 companies in the Oil & Gas industry, placing it in the top 16.6%.
Is Petroleo Brasileiro Petrobras' Net Margin % too high?
Petroleo Brasileiro Petrobras' current Net Margin % of 26.41% is 143% above median its 10-year median of 10.86. The Oil & Gas industry median Net Margin % is 3.44. Petroleo Brasileiro Petrobras' value of 26.41% is 668.9% above this industry median. Based on the distribution chart, Petroleo Brasileiro Petrobras ranks #152 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Petroleo Brasileiro Petrobras has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petroleo Brasileiro Petrobras' Net Margin % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Petroleo Brasileiro Petrobras ranks #152 out of 916 companies for Net Margin %. This places Petroleo Brasileiro Petrobras in the top 17% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.44. Petroleo Brasileiro Petrobras' value of 26.41% is 668.9% above this benchmark. While the company's 10-year median is 10.86 vs. the industry median of 3.44, Petroleo Brasileiro Petrobras 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 Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Petroleo Brasileiro Petrobras's current Net Margin % of 26.41% is 668.9% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Petroleo Brasileiro Petrobras and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petroleo Brasileiro Petrobras's current Net Margin % is 26.41%, which is 143% above median its own 10-year median of 10.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petroleo Brasileiro Petrobras stock overvalued right now?
Based on GuruFocus' analysis, Petroleo Brasileiro Petrobras (BSP:PETR4) is currently considered Modestly Overvalued. The stock's GF Value™ is R$34.56, compared to a current price of R$39.33 — trading 13.8% above its estimated fair value. The current Net Margin % is 26.41%, which is 143% above median its 10-year median of 10.86 and 668.9% above the Oil & Gas industry median of 3.44. Petroleo Brasileiro Petrobras' overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Petroleo Brasileiro Petrobras (BSP:PETR4), the current Net Margin % is 26.41% 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 Petroleo Brasileiro Petrobras (BSP:PETR4) Overvalued in 2026?
Based on GuruFocus' analysis, Petroleo Brasileiro Petrobras stock appears to be overvalued.
The current stock price of R$39.33 is trading 13.8% above its estimated GF Value™ of R$34.56.
GuruFocus considers Petroleo Brasileiro Petrobras to be Modestly Overvalued.
Key valuation signals for BSP:PETR4:
Net Margin %: 26.41% (143% above median its 10-year median of 10.86)
GF Value™: R$34.56 vs. price of R$39.33 (13.8% above fair value)
Industry Position: 668.9% above the Oil & Gas median (#152 of 916)
No single metric tells the full story. See the BSP:PETR4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petroleo Brasileiro Petrobras Business Description
Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on the exploration and production of oil and gas in Brazilian offshore fields. Production in 2025 was 3.0 million barrels of oil equivalent per day (80% oil), and reserves stood at 12.1 billion boe (84% oil). At the end of 2025, Petrobras operated 10 refineries in Brazil with a capacity of 1.8 million barrels per day and distributed refined products and natural gas throughout the country.
70GF Score
Get the complete analysis for BSP:PETR4
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:PETR4 has been successfully added to your 
