Sunday 1 November 2026
Export BP’s income statement to Excel — free account
BP p.l.c.
BP Energy Oil & Gas Integrated
BP p.l.c.’s revenue for fiscal 2025 (year ended December 2025) was $192.5 billion, down 1.07% from fiscal 2024.
- Revenue
- +47.1%
- EPS
- +140.3%
- Free cash flow
- +144.2%
- Total debt
- −3.33%
Quarter to June 2026, against a year earlier
50.39
0.04
+0.08%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 186,606 | 244,582 | 303,738 | 282,616 | 109,078 | 164,195 | 248,891 | 213,032 | 194,629 | 192,549 | 220,477 | +0.3% | 168,334 | 152,437 | 144,352 | (9.2%) | |
| Gross margin, % | 13.20 | 15.89 | 16.24 | 17.54 | 25.86 | 26.87 | 30.90 | 31.40 | 26.87 | 28.34 | 29.15 | +15.1 pt | ||||||
| EBT | (2,295) | 7,180 | 16,723 | 8,154 | (24,888) | 15,227 | 15,405 | 23,749 | 6,782 | 7,746 | 16,919 | n/m | ||||||
| EBT margin, % | (1.23) | 2.94 | 5.51 | 2.89 | (22.82) | 9.27 | 6.19 | 11.15 | 3.48 | 4.02 | 7.67 | +5.3 pt | ||||||
| Net income | (2,295) | 7,180 | 16,723 | 8,154 | (24,888) | 15,227 | 15,405 | 23,749 | 6,782 | 7,746 | 16,919 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 59.73 | 74.52 | 91.26 | 83.59 | 32.36 | 48.94 | 78.65 | 73.63 | 71.27 | 74.12 | 84.43 | +2.4% | |||||
| Earnings | 0.04 | 1.03 | 2.82 | 1.19 | (6.03) | 2.25 | (0.79) | 5.27 | 0.14 | 0.02 | 2.10 | (7.4%) | ||||||
| Cash flow | 3.42 | 5.77 | 6.87 | 7.62 | 3.61 | 7.04 | 12.93 | 11.07 | 10.00 | 9.43 | 11.15 | +11.9% | ||||||
| Capex | (4.91) | (4.15) | (4.74) | (4.41) | (3.51) | (2.90) | (3.59) | (4.89) | (5.48) | (4.65) | (4.54) | (0.6%) | ||||||
| Free cash flow | (1.48) | 1.62 | 2.14 | 3.21 | 0.10 | 4.13 | 9.34 | 6.18 | 4.51 | 4.78 | 6.61 | n/m | ||||||
| Book value | 31.00 | 30.59 | 30.51 | 29.79 | 25.39 | 26.96 | 26.22 | 29.55 | 28.68 | 28.49 | 29.27 | (0.9%) | ||||||
| Shares, m | 3,124 | 3,282 | 3,328 | 3,381 | 3,370 | 3,355 | 3,165 | 2,893 | 2,731 | 2,598 | 2,594 | (2.0%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 1,266.67 | 40.75 | 13.49 | 31.45 | 0.00 | 11.89 | 0.00 | 6.84 | 295.60 | 0.00 | 24.03 | 166.7 | |||||
| P/S | 0.64 | 0.57 | 0.42 | 0.45 | 0.63 | 0.54 | 0.44 | 0.48 | 0.41 | 0.47 | 0.60 | 0.5 | ||||||
| P/B | 1.23 | 1.39 | 1.24 | 1.27 | 0.81 | 0.99 | 1.31 | 1.20 | 1.03 | 1.22 | 1.72 | 1.2 | ||||||
| EV/Sales | 0.81 | 0.71 | 0.54 | 0.60 | 0.98 | 0.69 | 0.46 | 0.51 | 0.49 | 0.55 | 0.66 | 0.6 | ||||||
| EV/FCF | (32.44) | 32.72 | 23.19 | 15.53 | 309.47 | 8.21 | 3.86 | 6.05 | 7.77 | 8.56 | 8.40 | 38.3 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 10,691 | 18,931 | 22,873 | 25,770 | 12,162 | 23,612 | 40,932 | 32,039 | 27,297 | 24,493 | 29,106 | +9.6% | |||||
| Capex | (15,329) | (13,626) | (15,767) | (14,918) | (11,815) | (9,742) | (11,360) | (14,152) | (14,969) | (12,079) | (11,851) | (2.6%) | ||||||
| Free cash flow | (4,638) | 5,305 | 7,106 | 10,852 | 347 | 13,870 | 29,572 | 17,887 | 12,328 | 12,414 | 17,255 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 9,459 | 10,242 | 3,073 | 8,464 | 13,183 | 12,303 | 8,670 | 18,068 | 20,593 | 21,205 | 25,922 | +9.4% | |||||
| Net debt | 31,756 | 34,487 | 38,596 | 40,930 | 38,228 | 24,471 | 5,617 | 5,498 | 15,066 | 16,064 | 13,260 | (7.3%) | ||||||
| Shareholders’ equity | 96,843 | 100,404 | 101,548 | 100,708 | 85,568 | 90,439 | 82,990 | 85,493 | 78,318 | 74,000 | 76,420 | (2.9%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 0.04 | 1.26 | 3.36 | 1.39 | (7.22) | 2.73 | (0.86) | 5.36 | 0.14 | 0.02 | 1.87 | 0.0 pt | |||||
| ROIC | (0.21) | 4.39 | 8.64 | 5.17 | (10.98) | 9.83 | 12.72 | 18.78 | 7.56 | 8.77 | 15.06 | +9.0 pt | ||||||
| ROE | 0.12 | 3.44 | 9.29 | 3.98 | (21.80) | 8.59 | (2.87) | 18.09 | 0.48 | 0.07 | 7.29 | 0.0 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 74,500 | 69,700 | 73,000 | 70,100 | 68,100 | 65,900 | 67,600 | 87,800 | 100,500 | 93,700 | — | +2.6% | |||||
| Revenue/emp, $m | 2.50 | 3.51 | 4.16 | 4.03 | 1.60 | 2.49 | 3.68 | 2.43 | 1.94 | 2.05 | — | (2.2%) | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026
BP p.l.c. vs peers in Oil & Gas Integrated (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CVX Chevron Corporation | $457.3B | 22.5× | 13.3× | +56.30% (above 0%: growing) | +322.76% (above 0%: growing) | +272.02% (above 0%: growing) | 46.01% | 24.32% | Compare |
| SHEL Shell PLC Unsponsored ADR | $305.9B | 11.9× | — | +45.02% (above 0%: growing) | +218.03% (above 0%: growing) | +173.92% (above 0%: growing) | 27.23% | 17.51% | Compare |
| TTE TotalEnergies SE Sponsored ADR | $209.1B | 11.8× | 8.0× | +27.80% (above 0%: growing) | +106.78% (above 0%: growing) | +464.21% (above 0%: growing) | 32.91% | 13.37% | Compare |
| BP BP p.l.c. | $129.7B | 24.0× | 7.7× | +47.06% (above 0%: growing) | +140.32% (above 0%: growing) | +144.15% (above 0%: growing) | 27.64% | 12.75% | |
| EQNR Equinor ASA | $113.8B | 13.3× | 8.3× | +39.90% (above 0%: growing) | +298.00% (above 0%: growing) | +1,548.80% (above 0%: growing) | 54.71% | 36.94% | Compare |
| E Eni SpA | $87.7B | 14.9× | 8.8× | +21.42% (above 0%: growing) | +616.67% (above 0%: growing) | +43.60% (above 0%: growing) | 21.45% | 5.19% | Compare |
| PBR Petroleo Brasileiro S.A.- Petrobras | $81.5B | 5.6× | — | +59.75% (above 0%: growing) | +118.92% (above 0%: growing) | +149.36% (above 0%: growing) | 58.00% | 42.41% | Compare |
| CVE Cenovus Energy Inc | $58.4B | 12.6× | 7.9× | +41.33% (above 0%: growing) | +226.47% (above 0%: growing) | +18,996.54% (above 0%: growing) | 42.35% | 23.60% | Compare |
| PBR.A Petroleo Brasileiro S.A.- Petrobras | $52.9B | 4.9× | — | +59.75% (above 0%: growing) | +118.92% (above 0%: growing) | +149.36% (above 0%: growing) | 58.00% | 42.41% | Compare |
| Median of peers | $100.7B | 12.2× | 8.3× | +43.17% | +222.25% | +222.97% | 44.18% | 23.96% |