BP

BP
D

BP

Arincen66/100B

BP financials

Yes. BP earned 9.02B USD of net income over the last twelve months, 3.8% of its revenue. It made a profit in 36 of its 41 fiscal years since 1985. Its last loss was in fiscal year 2022.

Revenue (TTM)
238.12B USD
Net income (TTM)
9.02B USD
Free cash flow (TTM)
23.39B USD
Cash and short-term investments
43.05B USD
Total debt
69.62B USD
Shareholders' equity
62.17B USD

Cash, debt and equity as of 30 Sept 2026.

BP earnings

Next earnings · Q4 FY2026
EPS estimate
2.14 USD
Revenue estimate
62.51B USD
Last quarter · Q3 FY2026
EPS3.26Beat +22.6%Revenue68.40BBeat +8.3%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20280.91———47.16B———
Q2 FY20280.72———46.72B———
Q1 FY20280.85———46.08B———
Q4 FY20262.14——+256.67%62.51B——+31.92%
Q3 FY20262.663.26+22.56%+283.53%63.14B68.40B+8.33%+41.36%
Q2 FY20261.982.22+12.12%+146.67%62.24B69.11B+11.04%+46.47%
Q1 FY20260.911.24+36.26%+133.96%48.50B52.26B+7.73%+11.41%
Q4 FY20250.570.60+5.26%+36.36%42.89B47.38B+10.47%+3.56%
Q3 FY20250.720.85+18.06%+2.41%44.44B48.39B+8.89%+2.40%
Q2 FY20250.680.90+32.35%-10.00%41.64B47.18B+13.29%-0.25%

BP growth and profitability

Full income statement
Revenue (TTM)
238.12B USD
Net income (TTM)
9.02B USD
Gross margin
24.00%
Operating margin
13.49%
Net margin
3.79%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY2025189.34B+0.08%55.00M-85.56%17.71%8.17%0.03%30.73B+9.85%
FY2024189.19B-9.97%381.00M-97.50%15.98%6.79%0.20%27.97B-35.70%
FY2023210.13B-12.95%15.24B—22.88%14.78%7.25%43.50B+34.49%
FY2022241.39B+53.03%-2.49B-132.88%22.82%17.17%-1.03%32.35B-0.62%
FY2021157.74B+48.89%7.57B—14.49%6.77%4.80%32.55B—

How BP makes its money

Revenue189.34B 100.0%
Cost of revenue155.81B 82.3%
Gross profit33.53B 17.7%
Selling and administration17.49B 9.2%
Other operating expenses570.00M 0.3%
Operating income15.47B 8.2%
Tax6.45B 3.4%
Other expense8.96B 4.7%
Net income55.00M 0.0%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

BP revenue breakdown

By product

FY2025
Oil and Gas, Oil Products: 71.9%Natural Gas Products: 17.3%Product And Service Other 1: 9.5%Oil And Gas, Crude Oil: 1.3%71.9%Oil and Gas, Oil Products17.3%Natural Gas Products9.5%Product And Service Other 11.3%Oil And Gas, Crude Oil
SegmentRevenueShare of revenueChange on the year
Oil and Gas, Oil Products114.21B71.9%-5.6%
Natural Gas Products27.48B17.3%+12.3%
Product And Service Other 115.13B9.5%+13.2%
Oil And Gas, Crude Oil2.06B1.3%-7.0%

By region

FY2025
Non-US: 70.1%United States: 29.9%70.1%Non-US29.9%United States
RegionRevenueShare of revenueChange on the year
Non-US132.63B70.1%+1.7%
United States56.70B29.9%-3.6%

Operating and free cash flow

Full cash flow statement
Operating cash flow Free cash flow
Fiscal yearOperating cash flowFree cash flow
FY202524.49B11.27B
FY202427.30B12.00B
FY202332.04B17.75B
FY202240.93B28.86B
FY202123.61B12.73B
FY202012.16B-144.00M
FY201925.77B10.35B
FY201822.87B6.17B
FY201718.93B2.37B
FY201610.69B-6.01B

BP financial health

Full balance sheet
Cash and short-term investments
43.05B USD
Total debt
69.62B USD
Net cash
-26.56B USD
Free cash flow (TTM)
23.39B USD
Current ratio
1.29
Debt to equity
1.12
Piotroski score
8 / 9
Altman Z-score
1.54

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY202536.71B72.53B11.27B
FY202434.53B71.55B12.00B
FY202328.59B63.08B17.75B
FY202223.91B55.49B28.86B
FY202126.22B69.79B12.73B

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity
Fiscal yearTotal assetsTotal liabilitiesShareholders' equity
FY2025278.53B204.53B53.05B
FY2024282.23B203.91B59.25B
FY2023280.29B194.80B70.28B
FY2022288.12B205.13B67.55B
FY2021287.27B196.83B75.46B
FY2020267.65B182.09B71.25B
FY2019295.19B194.49B98.41B
FY2018282.18B180.63B99.44B
FY2017276.52B176.11B98.49B
FY2016263.32B166.47B95.29B

BP valuation

Price to earnings ratio (TTM)
13.08
Forward P/E (FY2026)
5.37
Price to sales (TTM)
0.08
Price to book
0.32
EV / EBITDA (TTM)
0.98

Capital structure

Market capitalization
19.90B USD
+
Total debt
69.62B USD
−
Cash and short-term investments
43.05B USD
=
Enterprise value
46.46B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)11.39————
FY2027 (est.)7.9011.39———
FY2026 (est.)5.377.90———
Now (TTM)13.087.440.080.320.98
FY20251,653.814.090.481.704.49
FY2024211.1410.210.431.364.22
FY20236.7210.630.491.463.17
FY2022-44.223.010.461.644.41
FY202111.843.010.571.184.09

BP against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Marathon Petroleum, Valero Energy, Phillips 66, ConocoPhillips, The Williams Companies, and Enterprise Products Partners L.P., the US Energy companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Below its median13.1
    4.04,750.5
  • Gross marginAt its median17.7%
    14.5%22.9%
    Against its peers: 3 of 7Peers' median 10.6%
  • Operating marginAt its median8.2%
    6.8%17.2%
    Against its peers: 4 of 7Peers' median 8.7%
  • Net marginBelow its median0.0%
    -1.0%7.3%
    Against its peers: 7 of 7Peers' median 7.2%
  • Return on equityBelow its median0.1%
    -3.7%21.7%
    Against its peers: 7 of 7Peers' median 17.3%
  • Free cash flow marginLowest in 5 years6.0%
    6.0%12.0%
    Against its peers: 3 of 7Peers' median 4.9%
  • Revenue growthAt its median0.1%
    -13.0%53.0%
    Against its peers: 3 of 7Peers' median -5.0%
  • EPS growthHighest in 5 years-85.4%
    -135.3%-85.4%
    Against its peers: 7 of 7Peers' median 8.2%
  • Debt to EBITDAAbove its median2.36×
    1.45×2.56×
    Against its peers: 4 of 7Peers' median 2.65×
  • Current ratioHighest in 5 years1.26
    1.091.26
    Against its peers: 4 of 7Peers' median 1.28

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

BP dividends

Annual dividend
2.08 USD
Dividend yield (indicated)
4.57%
Payout ratio
72.90%
Years of dividend growth
5
Frequency
Quarterly
Next payment
0.52 USD
Last ex-dividend date
13 Nov 2026
Next payment date
18 Dec 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share1.951.831.671.371.291.882.462.422.382.39

BP ownership

Institutions
14.04%
Institutional holders
1,235 (-96)
Free float
16.36%

Who owns the shares

Institutions 14.0% Others 86.0%
As of 30 Jun 2026

Shares free to trade

Free float 71.53M shares ·16.4% Closely held 365.56M shares ·83.6%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY20252.60B2.65B-5.37%
FY20242.73B2.80B-5.26%
FY20232.89B2.96B-6.52%
FY20223.16B3.16B-6.28%
FY20213.35B3.38B+0.19%

Common questions about BP's financials

Source: Financial Modeling Prep