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 company that remains very liquid, but also highly leveraged and exposed to the capital-intensive nature of the energy business. Over the last three years, BP has maintained a large cash position, while liabilities have stayed elevated and equity has swung significantly.
- Cash increased meaningfully in 2024. BP ended 2024 with $39.2 billion in cash and equivalents, up from $33.0 billion in 2023 and $29.2 billion in 2022. That gives the company a strong liquidity cushion.
- Near-term liquidity improved. Current assets were $102.8 billion in 2024 versus $104.1 billion in 2023 and $107.7 billion in 2022, but BP still holds a very large pool of liquid assets relative to its short-term obligations.
- Short-term debt remained manageable relative to cash. Short-term debt rose to $4.5 billion in 2024, but this is still small compared with BP’s cash balance.
- Total assets remain massive and stable. BP reported $282.2 billion in total assets in 2024, only slightly above $280.3 billion in 2023, indicating a broadly steady asset base.
- Noncurrent assets grew again. Long-term investments, goodwill, and other noncurrent operating assets increased, pushing noncurrent assets to $76.6 billion in 2024 from $69.5 billion in 2023.
- BP’s asset mix is heavily financial and intangible. The company shows no reported net PP&E balance in these statements, while long-term investments, goodwill, intangible assets, and other noncurrent operating assets make up a large share of noncurrent assets. That makes the balance sheet less traditional than a typical industrial company.
- Accounts receivable and inventories were mixed. Receivables fell to $27.1 billion in 2024 from $31.1 billion in 2023, while inventories rose to $27.3 billion from $22.8 billion. This may reflect changing commodity and trading conditions.
- Equity data is volatile and distorted by structure. Total preferred & common equity fell sharply to $137.6 billion in 2024 from $150.5 billion in 2022, while noncontrolling interests remained sizable. The reported structure makes year-over-year comparison less straightforward for retail investors.
- Total liabilities remain very high. BP ended 2024 with $203.9 billion in liabilities, up from $194.8 billion in 2023 and $205.1 billion in 2022. That keeps leverage elevated.
- Long-term debt increased in 2024. Long-term debt rose to $55.1 billion from $48.7 billion in 2023 and $43.7 billion in 2022, showing a rising debt burden.
- Current liabilities remain heavy. Current liabilities were $82.2 billion in 2024, only modestly lower than $86.1 billion in 2023. Accounts payable alone were $58.4 billion, which is a very large obligation.
Bottom line: BP’s balance sheet looks liquid enough to handle near-term needs, but the company still carries a very large liability load, including rising debt. For investors, the key takeaway is that BP has substantial financial flexibility, but its balance sheet remains highly sensitive to energy prices, capital returns, and future debt management.
06/16/26 12:07 AM ETAI Generated. May Contain Errors.