BP p.l.c. (BP) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Mar 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BP SEC filings page.
BP p.l.c. (BP) reported $192.5B in revenue for fiscal year 2025, down 1.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (20-F and 6-K reports).
BP’s reported cash generation remains large, but thin accounting profit and a shrinking equity base make the financing structure central.
Operating cash flow fell23.6% from FY2023 to FY2025 while net income fell99.6% , showing that cash production held up far better than accounting profit. The divergence means bottom-line earnings alone give an incomplete picture of the year's operating output.
Revenue was down
Equity fell
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of BP p.l.c.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
BP p.l.c. has an operating margin of 6.6%, meaning the company retains $7 of operating profit per $100 of revenue. This results in a moderate score of 46/100, indicating healthy but not exceptional operating efficiency. This is up from 5.8% the prior year.
BP p.l.c.'s revenue declined 1.1% year-over-year, from $194.6B to $192.5B. This contraction results in a growth score of 31/100.
BP p.l.c. has a moderate D/E ratio of 1.03. This balance of debt and equity financing earns a leverage score of 60/100.
BP p.l.c.'s current ratio of 1.26 indicates adequate short-term liquidity, earning a score of 47/100. The company can meet its near-term obligations, though with limited headroom.
BP p.l.c. has a free cash flow margin of 5.9%, earning a moderate score of 53/100. The company generates positive cash flow after capital investments, but with room for improvement.
BP p.l.c.'s ROE of 0.1% shows moderate profitability relative to equity, earning a score of 56/100. This is down from 0.6% the prior year.
BP p.l.c. passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
BP p.l.c. reported $55.0M of net income while generating $24.5B in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.
BP p.l.c. earns $2.48 in operating income for every $1 of interest expense ($12.6B vs $5.1B). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
BP p.l.c. generated $192.5B in revenue in fiscal year 2025. This represents a decrease of 1.1% from the prior year.
BP p.l.c.'s EBITDA was $30.5B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 9.1% from the prior year.
BP p.l.c. reported $55.0M in net income in fiscal year 2025. This represents a decrease of 85.6% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
BP p.l.c. generated $11.3B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 6.1% from the prior year.
BP p.l.c. held $36.6B in cash against $54.6B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
BP p.l.c.'s operating margin was 6.6% in fiscal year 2025, reflecting core business profitability. This is up 0.8 percentage points from the prior year.
BP p.l.c.'s net profit margin was 0.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.2 percentage points from the prior year.
BP p.l.c.'s ROE was 0.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.5 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
BP p.l.c. invested $274.0M in research and development in fiscal year 2025. This represents a decrease of 9.0% from the prior year.
BP p.l.c. invested $13.2B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 13.6% from the prior year.
Not reported for fiscal year 2025.
BP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $192.5B-1.1% | $194.6B-8.6% | $213.0B-14.4% | $248.9B+51.6% | $164.2B+50.5% | $109.1B-33.3% | $163.5B-46.2% | $303.7B+24.2% | $244.6B+31.1% | $186.6B-17.4% | $226.0B |
| R&D Expenses | $274.0M-9.0% | $301.0M+1.0% | $298.0M+8.8% | $274.0M+3.0% | $266.0M-19.9% | $332.0M-8.8% | $364.0M-15.2% | $429.0M+9.7% | $391.0M-2.3% | $400.0M-4.3% | $418.0M |
| Operating Income | $12.6B+11.9% | $11.3B-58.7% | $27.3B+51.6% | $18.0B-0.2% | $18.1Bn/m | -$21.7B-285.7% | $11.7B-39.6% | $19.4B+104.5% | $9.5Bn/m | -$430.0Mn/m | -$7.9B |
| EBITDA | $30.5B+9.1% | $27.9B-35.5% | $43.3B+33.7% | $32.4B-1.6% | $32.9Bn/m | -$6.9B-123.2% | $29.5B-15.4% | $34.8B+39.0% | $25.1B+78.0% | $14.1B+92.8% | $7.3B |
| Interest Expense | $5.1B+9.0% | $4.7B+22.0% | $3.8B+42.1% | $2.7B-5.4% | $2.9B-8.3% | $3.1B-10.7% | $3.5B+58.7% | $2.2B+27.9% | $1.7B+40.7% | $1.2B+14.6% | $1.1B |
| Income Tax | $6.5B+16.2% | $5.6B-29.4% | $7.9B-53.1% | $16.8B+148.7% | $6.7Bn/m | -$4.2B-204.9% | $4.0B-44.5% | $7.1B+92.5% | $3.7Bn/m | -$2.5Bn/m | -$3.2B |
| Net Income | $55.0M-85.6% | $381.0M-97.5% | $15.2Bn/m | -$2.5B-132.9% | $7.6Bn/m | -$20.3B-604.3% | $4.0B-57.1% | $9.4B+176.9% | $3.4B+2847.0% | $115.0Mn/m | -$6.5B |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, SG&A Expenses, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
BP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $278.5B-1.3% | $282.2B+0.7% | $280.3B-2.7% | $288.1B+0.3% | $287.3B+7.3% | $267.7B-9.3% | $295.2B+4.6% | $282.2B+2.0% | $276.5B+5.0% | $263.3B | N/A |
| Current Assets | $101.8B-1.0% | $102.8B-1.3% | $104.1B-3.3% | $107.7B+16.3% | $92.6B+26.9% | $73.0B-11.1% | $82.1B+15.1% | $71.3B-4.9% | $75.0B+10.6% | $67.8B | N/A |
| Cash & Equivalents | $36.6B-6.8% | $39.2B+18.7% | $33.0B+13.1% | $29.2B-4.8% | $30.7B-1.4% | $31.1B+38.4% | $22.5B0.0% | $22.5B-12.2% | $25.6B+9.0% | $23.5B-11.0% | $26.4B |
| Inventory | $22.5B-3.2% | $23.2B+1.8% | $22.8B-18.7% | $28.1B+18.4% | $23.7B+40.5% | $16.9B-19.2% | $20.9B+16.1% | $18.0B-5.4% | $19.0B+7.7% | $17.7B | N/A |
| Accounts Receivable | $26.0B-4.1% | $27.1B-12.8% | $31.1B-8.5% | $34.0B+25.3% | $27.1B+51.2% | $17.9B-26.6% | $24.4B-0.1% | $24.5B-1.5% | $24.8B+20.2% | $20.7B | N/A |
| Goodwill | $10.3B-30.8% | $14.9B+19.4% | $12.5B+4.3% | $12.0B-3.3% | $12.4B-0.9% | $12.5B+5.2% | $11.9B-2.8% | $12.2B+5.7% | $11.6B+3.2% | $11.2B | N/A |
| Total Liabilities | $204.5B+0.3% | $203.9B+4.7% | $194.8B-5.0% | $205.1B+4.2% | $196.8B+8.1% | $182.1B-6.4% | $194.5B+7.7% | $180.6B+2.6% | $176.1B+5.8% | $166.5B | N/A |
| Current Liabilities | $80.6B-2.0% | $82.2B-4.5% | $86.1B-13.1% | $99.0B+23.3% | $80.3B+34.3% | $59.8B-18.7% | $73.6B+7.9% | $68.2B+5.4% | $64.7B+10.9% | $58.4B | N/A |
| Non-Current Liabilities | $123.9B+1.9% | $121.7B+11.9% | $108.7B+2.5% | $106.1B-9.0% | $116.5B-4.7% | $122.3B+1.2% | $120.9B+7.6% | $112.4B+0.9% | $111.4B+3.0% | $108.1B | N/A |
| Long-Term Debt | $54.6B-0.9% | $55.1B+13.2% | $48.7B+11.3% | $43.7B-21.3% | $55.6B-12.1% | $63.3B+10.6% | $57.2B+2.6% | $55.8B+0.6% | $55.5B+7.4% | $51.7B-2.8% | $53.2B |
| Total Equity | $53.1B-10.5% | $59.2B-15.7% | $70.3B+4.0% | $67.6B-10.5% | $75.5B+5.9% | $71.3B-27.6% | $98.4B-1.0% | $99.4B+1.0% | $98.5B+3.4% | $95.3B-3.2% | $98.4B |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Retained Earnings.
BP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $24.5B-10.3% | $27.3B-14.8% | $32.0B-21.7% | $40.9B+73.4% | $23.6B+94.1% | $12.2B-52.8% | $25.8B+12.7% | $22.9B+20.8% | $18.9B+77.1% | $10.7B-44.1% | $19.1B |
| Depreciation & Amortization | $17.8B+7.2% | $16.6B+4.4% | $15.9B+11.2% | $14.3B-3.3% | $14.8B-0.6% | $14.9B-16.3% | $17.8B+15.0% | $15.5B-0.8% | $15.6B+7.4% | $14.5B-4.7% | $15.2B |
| Capital Expenditures | $13.2B-13.6% | $15.3B+7.1% | $14.3B+18.4% | $12.1B+10.9% | $10.9B-11.5% | $12.3B-20.2% | $15.4B-7.7% | $16.7B+0.9% | $16.6B-0.8% | $16.7B-10.4% | $18.6B |
| Free Cash Flow | $11.3B-6.1% | $12.0B-32.4% | $17.8B-38.5% | $28.9B+126.8% | $12.7Bn/m | -$144.0M-101.4% | $10.4B+67.9% | $6.2B+160.3% | $2.4Bn/m | -$6.0B-1339.2% | $485.0M |
| Investing Cash Flow | -$11.5Bn/m | -$13.3Bn/m | -$14.9Bn/m | -$13.7Bn/m | -$5.7Bn/m | -$7.9Bn/m | -$17.0Bn/m | -$21.6Bn/m | -$14.1Bn/m | -$14.8Bn/m | -$17.3B |
| Financing Cash Flow | -$15.9Bn/m | -$7.3Bn/m | -$13.4Bn/m | -$28.0Bn/m | -$18.1B-557.0% | $4.0Bn/m | -$8.8Bn/m | -$4.1Bn/m | -$3.3B-266.7% | $2.0Bn/m | -$4.5B |
| Dividends Paid | $5.1B+1.1% | $5.0B+4.0% | $4.8B+10.3% | $4.4B+1.3% | $4.3B-32.1% | $6.3B-8.7% | $6.9B+3.7% | $6.7B+8.9% | $6.2B+33.4% | $4.6B-30.8% | $6.7B |
Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.
BP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 6.6%+0.8pp | 5.8%-7.0pp | 12.8%+5.6pp | 7.2%-3.8pp | 11.0%+30.9pp | -19.9%-27.1pp | 7.2%+0.8pp | 6.4%+2.5pp | 3.9%+4.1pp | -0.2%+3.3pp | -3.5% |
| Net Margin | 0.0%-0.2pp | 0.2%-6.9pp | 7.1%+8.1pp | -1.0%-5.6pp | 4.6%+23.2pp | -18.6%-21.1pp | 2.5%-0.6pp | 3.1%+1.7pp | 1.4%+1.3pp | 0.1%+2.9pp | -2.9% |
| Return on Equity | 0.1%-0.5pp | 0.6%-21.0pp | 21.7%+25.4pp | -3.7%-13.7pp | 10.0%+38.5pp | -28.5%-32.6pp | 4.1%-5.3pp | 9.4%+6.0pp | 3.4%+3.3pp | 0.1%+6.7pp | -6.6% |
| Return on Assets | 0.0%-0.1pp | 0.1%-5.3pp | 5.4%+6.3pp | -0.9%-3.5pp | 2.6%+10.2pp | -7.6%-8.9pp | 1.4%-2.0pp | 3.3%+2.1pp | 1.2%+1.2pp | 0.0% | N/A |
| Current Ratio | 1.260.0x | 1.250.0x | 1.21+0.1x | 1.09-0.1x | 1.15-0.1x | 1.22+0.1x | 1.12+0.1x | 1.05-0.1x | 1.160.0x | 1.16 | N/A |
| Debt-to-Equity | 1.03+0.1x | 0.93+0.2x | 0.690.0x | 0.65-0.1x | 0.74-0.2x | 0.89+0.3x | 0.580.0x | 0.560.0x | 0.560.0x | 0.540.0x | 0.54 |
| Liabilities-to-Equity | 3.86+0.4x | 3.44+0.7x | 2.77-0.3x | 3.04+0.4x | 2.61+0.1x | 2.56+0.6x | 1.98+0.2x | 1.820.0x | 1.790.0x | 1.75 | N/A |
| Asset Turnover | 0.690.0x | 0.69-0.1x | 0.76-0.1x | 0.86+0.3x | 0.57+0.2x | 0.41-0.1x | 0.55-0.5x | 1.08+0.2x | 0.88+0.2x | 0.71 | N/A |
| FCF Margin | 5.9%-0.3pp | 6.2%-2.2pp | 8.3%-3.3pp | 11.6%+3.9pp | 7.8%+7.9pp | -0.1%-6.5pp | 6.3%+4.3pp | 2.0%+1.1pp | 1.0%+4.2pp | -3.2%-3.4pp | 0.2% |
Not reported in any period shown, so not listed: Gross Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| BP p.l.c. BP | FY2025 | $192.5B | $55.0M | 0.0% | $129.8B | 49/100 |
| Petroleo Brasileiro S.A.-Petrobras PBR | FY2025 | $89.2B | $19.7B | 22.1% | $142.1B | 61/100 |
| Equinor ASA EQNR | FY2025 | $106.5B | $5.0B | 4.7% | $115.4B | 65/100 |
| Suncor Energy, Inc. SU | FY2025 | $38.2B | $4.3B | 11.3% | $92.9B | 64/100 |
| Eni S.p.A. E | FY2025 | $96.4B | $3.1B | 3.2% | $86.7B | 42/100 |
| Imperial Oil Limited IMO | FY2025 | $34.3B | $2.4B | 6.9% | $65.2B | 60/100 |
Where BP p.l.c. Ranks
Frequently Asked Questions
BP p.l.c. (BP) reported $192.5B in total revenue for fiscal year 2025. This represents a -1.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
BP p.l.c. (BP) revenue declined by 1.1% year-over-year, from $194.6B to $192.5B in fiscal year 2025.
Yes, BP p.l.c. (BP) reported a net income of $55.0M in fiscal year 2025, with a net profit margin of 0.0%.
BP p.l.c. (BP) had EBITDA of $30.5B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, BP p.l.c. (BP) had $36.6B in cash and equivalents against $54.6B in long-term debt.
BP p.l.c. (BP) had an operating margin of 6.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
BP p.l.c. (BP) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
BP p.l.c. (BP) has a return on equity of 0.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
BP p.l.c. (BP) generated $11.3B in free cash flow during fiscal year 2025. This represents a -6.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
BP p.l.c. (BP) generated $24.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
BP p.l.c. (BP) had $278.5B in total assets as of fiscal year 2025, including both current and long-term assets.
BP p.l.c. (BP) invested $13.2B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
BP p.l.c. (BP) invested $274.0M in research and development during fiscal year 2025.
BP p.l.c. (BP) had a current ratio of 1.26 as of fiscal year 2025, which is considered adequate.
BP p.l.c. (BP) had a debt-to-equity ratio of 1.03 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
BP p.l.c. (BP) had a liabilities-to-equity ratio of 3.86 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
BP p.l.c. (BP) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
BP p.l.c. (BP) has no price-to-earnings ratio at the moment: outside the range published as a multiple (on $55.0M net income, FY2025). The market capitalization is $129.8B as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
BP p.l.c. (BP) trades at 0.7x sales, its market capitalization divided by $192.5B revenue, FY2025. The market capitalization is $129.8B as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
BP p.l.c. (BP) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
BP p.l.c. (BP) reported $55.0M of net income while generating $24.5B in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
BP p.l.c. (BP) has an interest coverage ratio of 2.48x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
BP p.l.c. (BP) scores 49 out of 100 on our Financial Health Score, indicating moderate standing within its energy companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.