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Plains GP vs Petrobras - Petroleo Brasileiro: revenue, profit, margins and growth compared

Plains GP brought in $44.3B of revenue in fiscal 2025, Petrobras - Petroleo Brasileiro $91.4B in fiscal 2024. Revenue changed by -9.5% at Plains GP and -10.7% at Petrobras - Petroleo Brasileiro on the year before, so Plains GP grew faster. Plains GP kept 0.6% of its revenue as net profit, Petrobras - Petroleo Brasileiro 8.2%.

Side by side, latest fiscal year

PAGPPBR
Fiscal year endedFY2025 (December 31, 2025)FY2024 (December 31, 2024)
Revenue$44.3B$91.4B
Revenue growth-9.5%-10.7%
Net income$260M$7.5B
Net margin0.6%8.2%
Free cash flow$2.3Bn/a
Free cash flow margin5.2%n/a
Earnings per share (diluted)n/a$0.58
Cash$329M$3.3B
Debt$1.1B$23.2B
Price to earningsn/an/a
Market value$5.3B$131.3B
Dividend yieldn/an/a
Rank by revenue in sector#8 of 129 · Energy#6 of 129 · Energy

Over the years

Revenue
PAGP FY2018: $34.1BPAGP FY2019: $33.7BPAGP FY2020: $23.3BPAGP FY2021: $42.1BPAGP FY2022: $57.3BPAGP FY2023: $47.3BPAGP FY2024: $48.9BPAGP FY2025: $44.3BPBR FY2017: $77.9BPBR FY2018: $84.6BPBR FY2019: $76.6BPBR FY2020: $53.7BPBR FY2021: $84BPBR FY2022: $124.5BPBR FY2023: $102.4BPBR FY2024: $91.4BFY17FY18FY19FY20FY21FY22FY23FY24FY25
PAGP $44.3BPBR $91.4B
Net income
PAGP FY2018: $334MPAGP FY2019: $331MPAGP FY2020: -$568MPAGP FY2021: $60MPAGP FY2022: $168MPAGP FY2023: $198MPAGP FY2024: $103MPAGP FY2025: $260MPBR FY2017: -$91MPBR FY2018: $7.2BPBR FY2019: $10.2BPBR FY2020: $1.1BPBR FY2021: $19.9BPBR FY2022: $36.6BPBR FY2023: $24.9BPBR FY2024: $7.5BFY17FY18FY19FY20FY21FY22FY23FY24FY25
PAGP $260MPBR $7.5B
Net margin
PAGP FY2018: 1.0%PAGP FY2019: 1.0%PAGP FY2020: -2.4%PAGP FY2021: 0.1%PAGP FY2022: 0.3%PAGP FY2023: 0.4%PAGP FY2024: 0.2%PAGP FY2025: 0.6%PBR FY2017: -0.1%PBR FY2018: 8.5%PBR FY2019: 13.3%PBR FY2020: 2.1%PBR FY2021: 23.7%PBR FY2022: 29.4%PBR FY2023: 24.3%PBR FY2024: 8.2%FY17FY18FY19FY20FY21FY22FY23FY24FY25
PAGP 0.6%PBR 8.2%
Revenue growth
PAGP FY2019: -1.1%PAGP FY2020: -30.8%PAGP FY2021: +80.7%PAGP FY2022: +36.3%PAGP FY2023: -17.4%PAGP FY2024: +3.3%PAGP FY2025: -9.5%PBR FY2018: +8.7%PBR FY2019: -9.5%PBR FY2020: -29.9%PBR FY2021: +56.4%PBR FY2022: +48.2%PBR FY2023: -17.7%PBR FY2024: -10.7%FY18FY19FY20FY21FY22FY23FY24FY25
PAGP -9.5%PBR -10.7%
Free cash flow
PAGP FY2018: $970MPAGP FY2019: $1.3BPAGP FY2020: $772MPAGP FY2021: $1.7BPAGP FY2022: $1.9BPAGP FY2023: $2.3BPAGP FY2024: $2BPAGP FY2025: $2.3BPBR FY2017: $13.5BPBR FY2018: $14.3BFY17FY18FY19FY20FY21FY22FY23FY24FY25
PAGP $2.3BPBR $14.3B

Fiscal years as each company reports them; the two may end in different months.

Questions about Plains GP and Petrobras - Petroleo Brasileiro

Which is bigger by revenue, Plains GP or Petrobras - Petroleo Brasileiro?

Petrobras - Petroleo Brasileiro is bigger by revenue: $91.4B in fiscal 2024, against $44.3B for Plains GP in fiscal 2025.

Which keeps more of its revenue as profit, Plains GP or Petrobras - Petroleo Brasileiro?

Plains GP had a net margin of 0.6% in fiscal 2025; Petrobras - Petroleo Brasileiro had 8.2% in fiscal 2024.

Which grew revenue faster, Plains GP or Petrobras - Petroleo Brasileiro?

In their latest fiscal years revenue changed by -9.5% at Plains GP and -10.7% at Petrobras - Petroleo Brasileiro.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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