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Petrobras - Petroleo Brasileiro vs Valero Energy: revenue, profit, margins and growth compared

Petrobras - Petroleo Brasileiro brought in $91.4B of revenue in fiscal 2024, Valero Energy $122.7B in fiscal 2025. Revenue changed by -10.7% at Petrobras - Petroleo Brasileiro and -5.5% at Valero Energy on the year before, so Valero Energy grew faster. Petrobras - Petroleo Brasileiro kept 8.2% of its revenue as net profit, Valero Energy 1.9%.

Side by side, latest fiscal year

PBRVLO
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$91.4B$122.7B
Revenue growth-10.7%-5.5%
Net income$7.5B$2.3B
Net margin8.2%1.9%
Free cash flown/an/a
Free cash flow marginn/an/a
Earnings per share (diluted)$0.58$7.57
Cash$3.3B$4.7B
Debt$23.2B$8.3B
Price to earningsn/a51.1
Market value$131.3B$111.5B
Dividend yieldn/a1.17%
Rank by revenue in sector#6 of 129 · Energy#5 of 129 · Energy

Over the years

Revenue
PBR FY2017: $77.9BPBR FY2018: $84.6BPBR FY2019: $76.6BPBR FY2020: $53.7BPBR FY2021: $84BPBR FY2022: $124.5BPBR FY2023: $102.4BPBR FY2024: $91.4BVLO FY2018: $117BVLO FY2019: $108.3BVLO FY2020: $64.9BVLO FY2021: $114BVLO FY2022: $176.4BVLO FY2023: $144.8BVLO FY2024: $129.9BVLO FY2025: $122.7BFY17FY18FY19FY20FY21FY22FY23FY24FY25
PBR $91.4BVLO $122.7B
Net income
PBR FY2017: -$91MPBR FY2018: $7.2BPBR FY2019: $10.2BPBR FY2020: $1.1BPBR FY2021: $19.9BPBR FY2022: $36.6BPBR FY2023: $24.9BPBR FY2024: $7.5BVLO FY2018: $3.1BVLO FY2019: $2.4BVLO FY2020: -$1.4BVLO FY2021: $930MVLO FY2022: $11.5BVLO FY2023: $8.8BVLO FY2024: $2.8BVLO FY2025: $2.3BFY17FY18FY19FY20FY21FY22FY23FY24FY25
PBR $7.5BVLO $2.3B
Net margin
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%VLO FY2018: 2.7%VLO FY2019: 2.2%VLO FY2020: -2.2%VLO FY2021: 0.8%VLO FY2022: 6.5%VLO FY2023: 6.1%VLO FY2024: 2.1%VLO FY2025: 1.9%FY17FY18FY19FY20FY21FY22FY23FY24FY25
PBR 8.2%VLO 1.9%
Revenue growth
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%VLO FY2019: -7.4%VLO FY2020: -40.1%VLO FY2021: +75.6%VLO FY2022: +54.8%VLO FY2023: -17.9%VLO FY2024: -10.3%VLO FY2025: -5.5%FY18FY19FY20FY21FY22FY23FY24FY25
PBR -10.7%VLO -5.5%
Free cash flow
PBR FY2017: $13.5BPBR FY2018: $14.3BVLO FY2018: $995MVLO FY2019: $2.7BVLO FY2020: -$1.5BVLO FY2021: $3.4BVLO FY2022: $9.8BVLO FY2023: $7.3BVLO FY2024: $4.6BFY17FY18FY19FY20FY21FY22FY23FY24
PBR $14.3BVLO $4.6B

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

Questions about Petrobras - Petroleo Brasileiro and Valero Energy

Which is bigger by revenue, Petrobras - Petroleo Brasileiro or Valero Energy?

Valero Energy is bigger by revenue: $122.7B in fiscal 2025, against $91.4B for Petrobras - Petroleo Brasileiro in fiscal 2024.

Which keeps more of its revenue as profit, Petrobras - Petroleo Brasileiro or Valero Energy?

Petrobras - Petroleo Brasileiro had a net margin of 8.2% in fiscal 2024; Valero Energy had 1.9% in fiscal 2025.

Which grew revenue faster, Petrobras - Petroleo Brasileiro or Valero Energy?

In their latest fiscal years revenue changed by -10.7% at Petrobras - Petroleo Brasileiro and -5.5% at Valero Energy.

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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