Petroleo Brasileiro S.A.- Petrobras Gross Margin 2010-2024 | PBR
- Petroleo Brasileiro S.A.- Petrobras average gross margin for 2023 was 51.64%, a 1.08% increase from 2022.
- Petroleo Brasileiro S.A.- Petrobras average gross margin for 2022 was 51.09%, a 6.66% increase from 2021.
- Petroleo Brasileiro S.A.- Petrobras average gross margin for 2021 was 47.9%, a 12.23% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.