The historical rank and industry rank for Petroleo Brasileiro Petrobras's Pretax Margin % or its related term are showing as below:
BSP:PETR3'
s Pretax Margin % Range Over the Past 10 Years
Min: -4.5 Med: 14.23 Max: 43
Current: 29.49
BSP:PETR3's Pretax Margin % is ranked better than 84.91% of 921
companies
in the Oil & Gas industry
Industry Median: 5.18
vs BSP:PETR3: 29.49
Petroleo Brasileiro Petrobras (BSP:PETR3) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Petroleo Brasileiro Petrobras Pretax Margin % Related Terms
Petroleo Brasileiro Petrobras Pretax 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.
Petroleo Brasileiro Petrobras Pretax Margin % Chart
For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Petroleo Brasileiro Petrobras's Pretax 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:PETR3) has a Pretax Margin % of 39.73% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Petroleo Brasileiro Petrobras and its competitors. This is 179% above median its historical median of 14.23. According to the industry distribution chart, Petroleo Brasileiro Petrobras ranks #139 out of 921 companies in the Oil & Gas industry, placing it in the top 15.1%.
Is Petroleo Brasileiro Petrobras' Pretax Margin % too high?
Petroleo Brasileiro Petrobras' current Pretax Margin % of 39.73% is 179% above median its 10-year median of 14.23. The Oil & Gas industry median Pretax Margin % is 5.18. Petroleo Brasileiro Petrobras' value of 39.73% is 667% above this industry median. Based on the distribution chart, Petroleo Brasileiro Petrobras ranks #139 out of 921 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 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petroleo Brasileiro Petrobras' Pretax Margin % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Petroleo Brasileiro Petrobras ranks #139 out of 921 companies for Pretax Margin %. This places Petroleo Brasileiro Petrobras in the top 15% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.18. Petroleo Brasileiro Petrobras' value of 39.73% is 667% above this benchmark. While the company's 10-year median is 14.23 vs. the industry median of 5.18, 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 Pretax Margin % for an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 5.18, based on 921 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Petroleo Brasileiro Petrobras's current Pretax Margin % of 39.73% is 667% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Petroleo Brasileiro Petrobras and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petroleo Brasileiro Petrobras's current Pretax Margin % is 39.73%, which is 179% above median its own 10-year median of 14.23. 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:PETR3) is currently considered Fairly Valued. The stock's GF Value™ is R$38.61, compared to a current price of R$42.25 — trading 9.4% above its estimated fair value. The current Pretax Margin % is 39.73%, which is 179% above median its 10-year median of 14.23 and 667% above the Oil & Gas industry median of 5.18. Petroleo Brasileiro Petrobras' overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Petroleo Brasileiro Petrobras (BSP:PETR3), the current Pretax Margin % is 39.73% 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:PETR3) Overvalued in 2026?
Based on GuruFocus' analysis, Petroleo Brasileiro Petrobras stock appears to be overvalued.
The current stock price of R$42.25 is trading 9.4% above its estimated GF Value™ of R$38.61.
GuruFocus considers Petroleo Brasileiro Petrobras to be Fairly Valued.
Key valuation signals for BSP:PETR3:
Pretax Margin %: 39.73% (179% above median its 10-year median of 14.23)
GF Value™: R$38.61 vs. price of R$42.25 (9.4% above fair value)
Industry Position: 667% above the Oil & Gas median (#139 of 921)
No single metric tells the full story. See the BSP:PETR3 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.
71GF Score
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