PBR vs. TRP: Petróleo Brasileiro S.A. vs. TC Energy Stock Comparison
How do Petróleo Brasileiro S.A. (PBR) and TC Energy (TRP) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Petróleo Brasileiro S.A. (PBR) and TC Energy (TRP) both belong to the Oil, Gas & Consumable Fuels industry, though PBR is classified under Integrated Oil & Gas while TRP falls under Oil & Gas Storage & Transportation.
TC Energy (TRP) trades as ordinary local shares, while Petróleo Brasileiro S.A. (PBR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | PBR | TRP |
|---|---|---|
| Name | Petróleo Brasileiro S.A. - Petrobras | TC Energy Corporation |
| Country/Region | Brazil | Canada |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Integrated Oil & Gas | Oil & Gas Storage & Transportation |
| Market Capitalization | 119.41 billion USD | 64.51 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | August 10, 2000 | September 20, 1982 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | PBR | TRP |
|---|---|---|
| Total Return (1Y) | 49.32% | 24.67% |
| Total Return (3Y, Annualized) | 19.48% | 26.02% |
| Total Return (5Y, Annualized) | 41.67% | 9.85% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | PBR | TRP |
|---|---|---|
| Volatility (1Y, Annualized) | 38.67% | 19.39% |
| Beta (5Y) | 0.42 | 0.64 |
| Max Drawdown (5Y) | -35.75% | -38.98% |
| Avg. Volume (3M) | 23.94M | 2.56M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | PBR | TRP |
|---|---|---|
| Sharpe Ratio (1Y) | 1.16 | 1.05 |
| Sortino Ratio (1Y) | 1.67 | 1.61 |
Profitability
ROE (TTM)
Petróleo Brasileiro S.A. (PBR) at 30.27% sits in the top ROE quartile, while TC Energy (TRP) at 12.15% is closer to the peer norm — stronger capital efficiency for PBR.
PBR
Energy industry group
30.27%
- Max
- 53.85%
- PBR
- 30.27%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
TRP
Energy industry group
12.15%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- TRP
- 12.15%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
For every dollar of sales, both Petróleo Brasileiro S.A. (PBR) at 24.32% and TC Energy (TRP) at 25.05% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
PBR
Energy industry group
24.32%
- Max
- 56.92%
- PBR
- 24.32%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
TRP
Energy industry group
25.05%
- Max
- 56.92%
- TRP
- 25.05%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Petróleo Brasileiro S.A. (PBR) at 44.68% and TC Energy (TRP) at 41.66% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
PBR
Energy industry group
44.68%
- Max
- 71.31%
- PBR
- 44.68%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
TRP
Energy industry group
41.66%
- Max
- 71.31%
- TRP
- 41.66%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | PBR | TRP |
|---|---|---|
| ROE (TTM) | 30.27% | 12.15% |
| ROA (TTM) | 10.07% | 3.70% |
| Net Margin (TTM) | 24.32% | 25.05% |
| Operating Margin (TTM) | 44.68% | 41.66% |
| Gross Margin (TTM) | 50.60% | 70.07% |
Growth
Revenue Growth
Both Petróleo Brasileiro S.A. (PBR) at -2.43% and TC Energy (TRP) at 10.66% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Petróleo Brasileiro S.A. (PBR) at 160.23% clears its industry range for EPS growth, a much stronger earnings trajectory than TC Energy (TRP) at -26.19%, which is closer to a typical peer reading.
Growth Metrics
| Metric | PBR | TRP |
|---|---|---|
| Revenue Growth (YoY) | -2.43% | 10.66% |
| Revenue Growth (3Y CAGR) | -10.51% | 7.38% |
| EPS Growth (YoY) | 160.23% | -26.19% |
| EPS Growth (3Y CAGR) | -18.50% | 72.24% |
Financial Strength
Current Ratio (MRQ)
Both Petróleo Brasileiro S.A. (PBR) at 0.85 and TC Energy (TRP) at 0.57 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
PBR
Energy industry group
0.85
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- PBR
- 0.85
- Min
- 0.24
TRP
Energy industry group
0.57
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- TRP
- 0.57
- Min
- 0.24
Debt / Equity (MRQ)
Petróleo Brasileiro S.A. (PBR) at 0.76 carries an industry-typical debt-to-equity mix, while TC Energy (TRP) at 1.68 uses more debt funding than most peers.
PBR
Energy industry group
0.76
- Max
- 1.75
- Q3
- 0.93
- PBR
- 0.76
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
TRP
Energy industry group
1.68
- Max
- 1.75
- TRP
- 1.68
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | PBR | TRP |
|---|---|---|
| Current Ratio (MRQ) | 0.85 | 0.57 |
| Debt / Equity (MRQ) | 0.76 | 1.68 |
| Net Debt / EBITDA | 1.29 | 6.08 |
Dividends
Dividend Yield (TTM)
TC Energy (TRP) at 5.57% earns its spot in the top quartile of its industry’s yields; Petróleo Brasileiro S.A. (PBR) at 19.51% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.
PBR
Energy industry group
19.51%
- PBR
- 19.51%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
TRP
Energy industry group
5.57%
- Max
- 8.57%
- TRP
- 5.57%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Petróleo Brasileiro S.A. (PBR) at 28.93% pays out a band-typical share of earnings, while TC Energy (TRP) at 93.87% distributes more than its industry norm — less retained, thinner cover.
PBR
Energy industry group
28.93%
- Max
- 133.24%
- Q3
- 53.31%
- PBR
- 28.93%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
TRP
Energy industry group
93.87%
- Max
- 133.24%
- TRP
- 93.87%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | PBR | TRP |
|---|---|---|
| Dividend Yield (TTM) | 19.51% | 5.57% |
| Dividend Payout Ratio (TTM) | 28.93% | 93.87% |
Valuation
P/E Ratio (TTM)
Petróleo Brasileiro S.A. (PBR) at 4.68 sits in the cheaper P/E ratio quartile, while TC Energy (TRP) at 23.19 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
PBR
Energy industry group
4.68
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- PBR
- 4.68
- Min
- 2.99
TRP
Energy industry group
23.19
- Max
- 39.54
- TRP
- 23.19
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Petróleo Brasileiro S.A. (PBR) at 0.22 looks cheap on sales in the lower P/S ratio quartile, while TC Energy (TRP) at 4.03 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
PBR
Energy industry group
0.22
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- PBR
- 0.22
- Min
- 0.00
TRP
Energy industry group
4.03
- Max
- 5.40
- TRP
- 4.03
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Petróleo Brasileiro S.A. (PBR) at 1.25 is valued about in line with its industry on P/B ratio, while TC Energy (TRP) at 3.54 carries an above-peer premium to book — TRP is pricier on assets.
PBR
Energy industry group
1.25
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- PBR
- 1.25
- Q1
- 1.08
- Min
- 0.01
TRP
Energy industry group
3.54
- Max
- 4.21
- TRP
- 3.54
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | PBR | TRP |
|---|---|---|
| P/E Ratio (TTM) | 4.68 | 23.19 |
| P/S Ratio (TTM) | 0.22 | 4.03 |
| P/B Ratio (MRQ) | 1.25 | 3.54 |
| Free Cash Flow Yield (TTM) | 78.92% | 0.77% |