Annual Income Statements for BP
This table shows BP's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for BP
No quarterly income statements for BP are available.
Annual Cash Flow Statements for BP
This table details how cash moves in and out of BP's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Net Change in Cash & Equivalents |
|
-3,374 |
-2,905 |
2,102 |
-3,107 |
4.00 |
20,212 |
32,233 |
47,394 |
3,835 |
6,239 |
15,322 |
| Net Cash From Operating Activities |
|
21,923 |
9,071 |
18,931 |
22,873 |
25,770 |
15,334 |
28,889 |
55,538 |
32,039 |
27,297 |
15,620 |
| Net Cash From Continuing Operating Activities |
|
21,923 |
9,071 |
16,547 |
20,576 |
55,939 |
15,334 |
28,889 |
55,538 |
25,412 |
20,969 |
15,620 |
| Net Income / (Loss) Continuing Operations |
|
0.00 |
0.00 |
7,180 |
16,723 |
8,154 |
0.00 |
0.00 |
0.00 |
23,749 |
6,782 |
0.00 |
| Depreciation Expense |
|
15,219 |
14,505 |
15,584 |
15,457 |
17,780 |
14,889 |
14,805 |
14,318 |
15,928 |
16,622 |
17,822 |
| Non-Cash Adjustments To Reconcile Net Income |
|
28,900 |
12,140 |
2,334 |
451 |
15,588 |
8,723 |
-6,011 |
23,414 |
1,077 |
3,712 |
-46 |
| Changes in Operating Assets and Liabilities, net |
|
-2,532 |
-3,198 |
-8,551 |
-12,055 |
14,417 |
-8,278 |
20,095 |
17,806 |
-15,342 |
-6,147 |
-2,156 |
| Net Cash From Investing Activities |
|
-15,856 |
-14,120 |
-14,077 |
-21,571 |
16,974 |
4,989 |
5,812 |
1,841 |
-14,872 |
-13,250 |
1,714 |
| Net Cash From Continuing Investing Activities |
|
-15,856 |
-14,120 |
-14,077 |
-21,571 |
40,789 |
4,989 |
5,812 |
1,841 |
-14,872 |
-13,250 |
1,714 |
| Divestitures |
|
1,726 |
1,259 |
478 |
1,911 |
1,701 |
4,989 |
5,812 |
1,841 |
1,193 |
2,578 |
1,714 |
| Net Cash From Financing Activities |
|
2,330 |
5,876 |
-3,296 |
-4,079 |
8,817 |
-111 |
-2,468 |
-9,985 |
-13,359 |
-7,297 |
-2,012 |
| Net Cash From Continuing Financing Activities |
|
2,330 |
5,876 |
-3,296 |
-4,079 |
27,503 |
-111 |
-2,468 |
-9,985 |
-13,359 |
-6,009 |
-2,012 |
| Repurchase of Preferred Equity |
|
- |
- |
- |
0.00 |
- |
-776 |
-3,151 |
-9,996 |
- |
- |
-4,486 |
| Other Financing Activities, net |
|
- |
- |
1,063 |
0.00 |
566 |
665 |
683 |
11 |
-474 |
4,609 |
2,474 |
| Cash Interest Received |
|
176 |
267 |
- |
- |
- |
74 |
320 |
414 |
- |
- |
1,223 |
Quarterly Cash Flow Statements for BP
No quarterly cash flow statements for BP are available.
Annual Balance Sheets for BP
This table presents BP's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Total Assets |
|
263,316 |
276,515 |
282,176 |
295,194 |
267,654 |
287,272 |
288,120 |
280,294 |
282,228 |
278,526 |
| Total Current Assets |
|
132,295 |
71,641 |
71,310 |
82,059 |
72,982 |
92,590 |
107,688 |
104,146 |
102,834 |
101,786 |
| Cash & Equivalents |
|
23,484 |
25,586 |
22,468 |
22,472 |
31,111 |
30,681 |
29,195 |
33,030 |
39,204 |
36,556 |
| Short-Term Investments |
|
- |
- |
3,846 |
4,153 |
- |
5,744 |
11,554 |
12,583 |
5,112 |
5,180 |
| Accounts Receivable |
|
22,149 |
26,283 |
24,478 |
24,781 |
17,948 |
27,494 |
34,325 |
31,123 |
27,127 |
26,014 |
| Inventories, net |
|
17,655 |
19,011 |
17,988 |
28,345 |
- |
25,363 |
29,323 |
22,819 |
23,232 |
22,499 |
| Prepaid Expenses |
|
- |
- |
963 |
1,638 |
- |
2,965 |
2,668 |
2,520 |
2,594 |
3,422 |
| Current Deferred & Refundable Income Taxes |
|
1,194 |
761 |
1,019 |
1,282 |
672 |
542 |
621 |
837 |
1,096 |
1,153 |
| Other Current Nonoperating Assets |
|
- |
- |
222 |
169 |
- |
280 |
578 |
843 |
165 |
158 |
| Plant, Property, & Equipment, net |
|
129,757 |
129,471 |
135,261 |
132,642 |
114,836 |
112,902 |
106,044 |
0.00 |
0.00 |
0.00 |
| Total Noncurrent Assets |
|
536,934 |
633,473 |
75,605 |
79,712 |
44,495 |
81,301 |
73,812 |
69,487 |
77,195 |
76,116 |
| Long-Term Investments |
|
23,778 |
26,355 |
26,320 |
30,325 |
9,755 |
30,983 |
20,601 |
20,249 |
20,032 |
20,725 |
| Goodwill |
|
11,194 |
11,551 |
12,204 |
11,868 |
12,480 |
12,373 |
11,960 |
12,472 |
14,888 |
10,300 |
| Intangible Assets |
|
18,183 |
18,355 |
17,284 |
15,539 |
6,093 |
6,451 |
10,200 |
9,991 |
9,646 |
8,197 |
| Noncurrent Deferred & Refundable Income Taxes |
|
4,741 |
4,469 |
3,706 |
4,560 |
7,744 |
6,410 |
3,908 |
4,268 |
5,403 |
4,325 |
| Other Noncurrent Operating Assets |
|
479,038 |
493,606 |
9,499 |
16,790 |
4,072 |
24,162 |
25,872 |
22,507 |
27,226 |
32,569 |
| Total Liabilities & Shareholders' Equity |
|
460,921 |
448,170 |
182,732 |
196,782 |
219,121 |
211,809 |
220,567 |
210,011 |
222,982 |
225,474 |
| Total Liabilities |
|
166,473 |
176,111 |
180,628 |
194,486 |
182,086 |
196,833 |
205,130 |
194,801 |
203,910 |
204,526 |
| Total Current Liabilities |
|
72,300 |
129,452 |
68,237 |
73,595 |
59,799 |
80,287 |
99,018 |
86,078 |
82,241 |
80,581 |
| Short-Term Debt |
|
6,634 |
7,739 |
9,329 |
10,487 |
- |
5,557 |
3,198 |
3,284 |
4,474 |
3,356 |
| Accounts Payable |
|
51,861 |
44,209 |
46,265 |
46,829 |
36,014 |
52,611 |
63,984 |
61,155 |
58,411 |
56,843 |
| Accrued Expenses |
|
5,136 |
4,960 |
4,626 |
5,066 |
- |
5,638 |
6,398 |
6,527 |
6,071 |
5,572 |
| Current Deferred & Payable Income Tax Liabilities |
|
1,666 |
1,686 |
2,101 |
2,039 |
1,038 |
1,554 |
4,065 |
2,732 |
1,573 |
1,262 |
| Other Current Liabilities |
|
7,003 |
6,132 |
5,916 |
9,174 |
- |
14,927 |
21,373 |
12,318 |
10,607 |
11,954 |
| Total Noncurrent Liabilities |
|
194,935 |
218,314 |
112,391 |
120,891 |
122,287 |
116,546 |
106,112 |
108,723 |
121,669 |
123,945 |
| Long-Term Debt |
|
50,875 |
55,301 |
55,803 |
57,237 |
63,305 |
55,619 |
43,746 |
48,670 |
55,073 |
54,602 |
| Capital Lease Obligations |
|
- |
- |
623 |
7,655 |
- |
6,864 |
6,447 |
8,471 |
9,340 |
11,739 |
| Noncurrent Deferred & Payable Income Tax Liabilities |
|
7,238 |
7,982 |
9,812 |
9,750 |
6,831 |
8,780 |
10,526 |
9,617 |
8,428 |
7,642 |
| Noncurrent Employee Benefit Liabilities |
|
8,291 |
9,137 |
8,391 |
8,592 |
- |
7,820 |
5,244 |
5,456 |
4,873 |
4,816 |
| Other Noncurrent Operating Liabilities |
|
128,531 |
145,894 |
37,187 |
36,661 |
22,604 |
36,495 |
38,916 |
35,199 |
43,955 |
45,146 |
| Total Equity & Noncontrolling Interests |
|
193,686 |
100,404 |
2,104 |
2,296 |
46,701 |
14,976 |
15,437 |
85,493 |
78,318 |
74,000 |
| Total Preferred & Common Equity |
|
96,843 |
0.00 |
101,548 |
199,120 |
71,250 |
165,902 |
150,543 |
70,283 |
59,246 |
53,052 |
| Total Common Equity |
|
96,843 |
0.00 |
0.00 |
0.00 |
71,250 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Noncontrolling Interest |
|
96,843 |
100,404 |
2,104 |
2,296 |
14,318 |
14,976 |
15,437 |
15,210 |
19,072 |
20,948 |
Quarterly Balance Sheets for BP
This table presents BP's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
Q4 2022 |
Q4 2023 |
Q4 2024 |
| Total Assets |
288,120 |
280,294 |
282,228 |
| Total Current Assets |
107,688 |
104,146 |
102,834 |
| Cash & Equivalents |
29,195 |
33,030 |
39,204 |
| Short-Term Investments |
11,554 |
12,583 |
5,112 |
| Accounts Receivable |
34,325 |
31,123 |
27,127 |
| Inventories, net |
29,323 |
22,819 |
27,313 |
| Prepaid Expenses |
2,668 |
2,520 |
3,142 |
| Current Deferred & Refundable Income Taxes |
621 |
837 |
1,096 |
| Other Current Nonoperating Assets |
578 |
843 |
165 |
| Plant, Property, & Equipment, net |
106,044 |
0.00 |
0.00 |
| Total Noncurrent Assets |
73,812 |
69,487 |
76,647 |
| Long-Term Investments |
20,601 |
20,249 |
20,032 |
| Goodwill |
11,960 |
12,472 |
14,888 |
| Intangible Assets |
10,200 |
9,991 |
9,646 |
| Noncurrent Deferred & Refundable Income Taxes |
3,908 |
4,268 |
5,403 |
| Other Noncurrent Operating Assets |
25,872 |
22,507 |
26,678 |
| Total Liabilities & Shareholders' Equity |
220,567 |
210,011 |
222,982 |
| Total Liabilities |
205,130 |
194,801 |
203,910 |
| Total Current Liabilities |
99,018 |
86,078 |
82,241 |
| Short-Term Debt |
3,198 |
3,284 |
4,474 |
| Accounts Payable |
63,984 |
61,155 |
58,411 |
| Accrued Expenses |
6,398 |
6,527 |
6,071 |
| Current Deferred & Payable Income Tax Liabilities |
4,065 |
2,732 |
1,573 |
| Other Current Liabilities |
21,373 |
12,318 |
11,712 |
| Total Noncurrent Liabilities |
106,112 |
108,723 |
121,669 |
| Long-Term Debt |
43,746 |
48,670 |
55,073 |
| Capital Lease Obligations |
6,447 |
8,471 |
9,340 |
| Noncurrent Deferred & Payable Income Tax Liabilities |
10,526 |
9,617 |
8,428 |
| Noncurrent Employee Benefit Liabilities |
5,244 |
5,456 |
4,873 |
| Other Noncurrent Operating Liabilities |
38,916 |
35,199 |
42,629 |
| Total Equity & Noncontrolling Interests |
15,437 |
85,493 |
19,072 |
| Total Preferred & Common Equity |
150,543 |
70,283 |
137,564 |
| Total Common Equity |
0.00 |
0.00 |
0.00 |
| Noncontrolling Interest |
15,437 |
15,210 |
19,072 |
Annual Metrics And Ratios for BP
This table displays calculated financial ratios and metrics derived from BP's official financial filings.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| DEI Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
16,499,019,246.00 |
| DEI Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
16,499,019,246.00 |
| DEI Earnings Per Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
0.08 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Net Operating Profit after Tax (NOPAT) |
|
-5,485 |
-1,561 |
1,388 |
7,251 |
25,056 |
-14,501 |
4,886 |
-4,355 |
16,577 |
300 |
-1,087 |
| Return On Investment Capital (ROIC_SIMPLE) |
|
- |
- |
- |
- |
- |
- |
- |
-6.33% |
11.36% |
0.34% |
-0.76% |
| Earnings before Interest and Taxes (EBIT) |
|
-8,822 |
-2,294 |
304 |
5,052 |
53,407 |
-20,989 |
3,905 |
-5,059 |
13,106 |
-3,705 |
-877 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
6,397 |
12,211 |
15,888 |
20,509 |
71,187 |
-6,100 |
18,710 |
9,259 |
29,034 |
12,917 |
16,945 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
0.00 |
-543,559 |
55,710 |
379,905 |
20,114 |
3,755 |
14,836 |
11,718 |
118,730 |
-7,763 |
963 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
0.00 |
541,998 |
487,676 |
115,022 |
119,964 |
101,709 |
91,759 |
75,686 |
-26,467 |
-18,404 |
-24,756 |
| Increase / (Decrease) in Invested Capital |
|
0.00 |
541,998 |
-54,322 |
-372,654 |
4,942 |
-18,255 |
-9,950 |
-16,073 |
-102,153 |
8,063 |
-2,050 |
| Book Value per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.31 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Tangible Book Value per Share |
|
$0.00 |
$0.00 |
($1.40) |
($1.38) |
($1.27) |
$2.44 |
($0.88) |
($1.16) |
($1.18) |
($1.37) |
($1.11) |
| Total Capital |
|
0.00 |
251,195 |
163,444 |
67,859 |
77,675 |
110,006 |
83,016 |
68,828 |
145,918 |
87,959 |
143,697 |
| Total Debt |
|
0.00 |
57,509 |
63,040 |
65,755 |
75,379 |
63,305 |
68,040 |
53,391 |
60,425 |
68,887 |
69,697 |
| Total Long-Term Debt |
|
0.00 |
50,875 |
55,301 |
56,426 |
64,892 |
63,305 |
62,483 |
50,193 |
57,141 |
64,413 |
66,341 |
| Net Debt |
|
0.00 |
10,247 |
11,099 |
13,121 |
18,429 |
22,439 |
632 |
-7,959 |
-5,437 |
4,539 |
7,236 |
| Capital Expenditures (CapEx) |
|
-19,714 |
-18,073 |
13,626 |
15,767 |
-15,418 |
0.00 |
0.00 |
0.00 |
14,152 |
14,969 |
0.00 |
| Debt-free, Cash-free Net Working Capital (DFCFNWC) |
|
0.00 |
43,145 |
-75,658 |
-13,912 |
-7,674 |
-17,928 |
-18,565 |
-28,881 |
-24,261 |
-19,249 |
-17,175 |
| Debt-free Net Working Capital (DFNWC) |
|
0.00 |
66,629 |
-50,072 |
12,402 |
18,951 |
13,183 |
17,860 |
11,868 |
21,352 |
25,067 |
24,561 |
| Net Working Capital (NWC) |
|
0.00 |
59,995 |
-57,811 |
3,073 |
8,464 |
13,183 |
12,303 |
8,670 |
18,068 |
20,593 |
21,205 |
| Net Nonoperating Expense (NNE) |
|
916 |
-1,733 |
-2,080 |
-2,327 |
20,866 |
6,229 |
-3,601 |
-2,998 |
697 |
-929 |
-2,382 |
| Net Nonoperating Obligations (NNO) |
|
0.00 |
348,312 |
387,272 |
112,918 |
117,668 |
55,008 |
76,783 |
60,249 |
-111,960 |
-37,476 |
-98,756 |
| Total Depreciation and Amortization (D&A) |
|
15,219 |
14,505 |
15,584 |
15,457 |
17,780 |
14,889 |
14,805 |
14,318 |
15,928 |
16,622 |
17,822 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
($2.47) |
$0.00 |
$1.20 |
$3.29 |
$1.39 |
($7.03) |
$0.00 |
($0.92) |
$6.15 |
$0.16 |
$0.02 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
0.00 |
0.00 |
21.30B |
21.54B |
21.55B |
21.43B |
0.00 |
19.11B |
17.91B |
16.68B |
16.50B |
| Adjusted Diluted Earnings per Share |
|
($2.47) |
$0.00 |
$1.20 |
$3.27 |
$1.38 |
($7.03) |
$0.00 |
($0.92) |
$6.01 |
$0.16 |
$0.02 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
0.00 |
0.00 |
21.30B |
21.54B |
21.55B |
21.43B |
0.00 |
19.11B |
17.91B |
16.68B |
16.50B |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
0.00 |
0.00 |
21.30B |
21.54B |
21.55B |
21.43B |
0.00 |
19.11B |
17.91B |
16.68B |
16.50B |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
-4,148 |
-2,258 |
1,823 |
5,678 |
29,206 |
-4,434 |
2,636 |
17,010 |
15,704 |
5,107 |
2,774 |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
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Quarterly Metrics And Ratios for BP
No quarterly metrics and ratios for BP are available.
Key Financial Trends
BP’s balance sheet shows a mixed trend from 2022 through 2024. Liquidity improved, with cash and equivalents rising from $29.2 billion in 2022 to $39.2 billion in 2024. However, the company also reduced its short-term investments from $12.6 billion to $5.1 billion, suggesting that some of the increase in cash came from reallocating liquid assets rather than building total cash investments.
- Liquidity strengthened: Total current assets declined modestly from $107.7 billion to $102.8 billion, but current liabilities fell more sharply from $99.0 billion to $82.2 billion. As a result, BP’s current ratio improved from approximately 1.09 in 2022 to 1.25 in 2024.
- Working capital expanded: The difference between current assets and current liabilities increased from roughly $8.7 billion in 2022 to $20.6 billion in 2024, giving BP a larger short-term liquidity cushion.
- Accounts payable declined: Accounts payable fell from $64.0 billion in 2022 to $58.4 billion in 2024, while other current liabilities also decreased. This contributed to the improvement in BP’s current ratio.
- Total assets were broadly stable: Assets declined from $288.1 billion in 2022 to $280.3 billion in 2023 before recovering slightly to $282.2 billion in 2024. The relatively stable asset base indicates limited balance-sheet expansion during the period.
- Asset composition changed: Goodwill increased from $12.0 billion in 2022 to $14.9 billion in 2024, while other noncurrent operating assets rose from $25.9 billion to $26.7 billion. These changes may reflect acquisitions or shifts in BP’s operating asset portfolio.
- Debt increased: Short- and long-term debt rose from a combined $46.6 billion in 2022 to $59.5 billion in 2024. Capital lease obligations also increased from $6.4 billion to $9.3 billion, bringing total debt and lease obligations to approximately $68.9 billion.
- Net debt remains higher than in 2022: After subtracting cash and short-term investments, debt and lease obligations were approximately $19.5 billion higher than liquid assets in 2024, compared with $12.3 billion in 2022. This indicates a less favorable net liquidity position despite higher cash balances.
- Leverage worsened in 2024: Total liabilities rose from $194.8 billion in 2023 to $203.9 billion in 2024, increasing liabilities as a percentage of assets from approximately 69.5% to 72.2%.
The balance-sheet data also contains apparent classification or reconciliation issues. Several reported equity subtotals do not reconcile cleanly with total assets and liabilities, particularly in 2022 and 2024. Based on the implied difference between total assets and total liabilities, BP’s equity would be approximately $83.0 billion in 2022, $85.5 billion in 2023, and $78.3 billion in 2024. Investors should therefore rely on BP’s filed financial statements for precise equity and book-value figures.
Overall, BP entered 2025 with better short-term liquidity and lower current liabilities, but the improvement was offset by higher borrowing and lease obligations. The key balance-sheet trend for investors is whether BP can use its cash generation to reduce debt while maintaining its stronger working-capital position.
09/05/26 05:15 PM ETAI Generated. May Contain Errors.