Petróleo Brasileiro S.A. - Petrobras PBR NYSE

Petróleo Brasileiro S.A. - Petrobras (PBR) reported declining year-over-year revenue growth of -0.7% through 2025-12 (TTM revenue vs prior-year TTM). Net income showed exceptional earnings expansion of +167% YoY, reaching $3.4B in the latest quarter. The net profit margin is 13.3%, which is moderate. The company has maintained profitability in all 4 quarters. The gross margin is 47.7% (moderate), down 2.6pp vs the prior year. With a $135B market cap, MOAT composite score of 78/100 (strong competitive position).

Criteria proven by this page:

• GROWTH (58/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 27-year annual history, the company was profitable in 23 of 27 years — a solid long-term record with occasional losses
• INCOME (85/100, Partial) — the company is profitable but margin is below 15%
• MOAT (78/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 66/100 with 4/7 criteria passed.