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
- +41.9%
- EPS
- +302.2%
- Free cash flow
- +156.5%
- Total debt
- −8.01%
Quarter to September 2026, against a year earlier
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BP p.l.c. (BP) Gross margin
BP p.l.c.'s gross margin over the twelve months to 30 September 2026 was 30.5%, up 2.1 percentage points from fiscal 2025 (28.3%). Over the past ten years it has ranged from 10.2% (fiscal 2015) to 31.4% (fiscal 2023); the current reading is higher than 82% of that period. That is below the Oil & Gas Integrated industry median of 39.9% and below the Energy sector median of 42.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 28.3% | 1.47 |
| FY2024 | 26.9% | (4.53) |
| FY2023 | 31.4% | 0.50 |
| FY2022 | 30.9% | 4.03 |
| FY2021 | 26.9% | 1.01 |
| FY2020 | 25.9% | 8.32 |
| FY2019 | 17.5% | 1.30 |
| FY2018 | 16.2% | 0.35 |
| FY2017 | 15.9% | 2.69 |
| FY2016 | 13.2% | 2.97 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 33.4% | 5.77 |
| Jun 2026 | 27.6% | (6.38) |
| Mar 2026 | 34.0% | 7.71 |
| Dec 2025 | 26.3% | (2.46) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| EQNR Equinor ASA compare | 53.6% |
| PBR Petroleo Brasileiro S.A.- Petrobras compare | 50.8% |
| PBR.A Petroleo Brasileiro S.A.- Petrobras compare | 50.8% |
| CVE Cenovus Energy Inc compare | 40.7% |
| TTE TotalEnergies SE Sponsored ADR compare | 39.2% |
| EC Ecopetrol S.A. compare | 36.6% |
| BP BP p.l.c. | 30.5% |
| SHEL Shell PLC Unsponsored ADR compare | 28.2% |
| E Eni SpA compare | 19.5% |
| Oil & Gas Integrated industry median | 39.9% |
| Energy sector median | 42.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on BP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement