BP Past Earnings Performance

Past criteria checks 2/6

BP has been growing earnings at an average annual rate of 26.7%, while the Oil and Gas industry saw earnings growing at 24.7% annually. Revenues have been declining at an average rate of 1.7% per year. BP's return on equity is 11.6%, and it has net margins of 4.6%.

Key information

26.7%

Earnings growth rate

29.0%

EPS growth rate

Oil and Gas Industry Growth21.8%
Revenue growth rate-1.7%
Return on equity11.6%
Net Margin4.6%
Next Earnings Update30 Jul 2024

Recent past performance updates

Some Investors May Be Willing To Look Past BP's (LON:BP.) Soft Earnings

May 14
Some Investors May Be Willing To Look Past BP's (LON:BP.) Soft Earnings

Recent updates

Some Investors May Be Willing To Look Past BP's (LON:BP.) Soft Earnings

May 14
Some Investors May Be Willing To Look Past BP's (LON:BP.) Soft Earnings

BP p.l.c. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 09
BP p.l.c. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Is BP p.l.c. (LON:BP.) Trading At A 44% Discount?

Apr 27
Is BP p.l.c. (LON:BP.) Trading At A 44% Discount?

Investors Will Want BP's (LON:BP.) Growth In ROCE To Persist

Apr 10
Investors Will Want BP's (LON:BP.) Growth In ROCE To Persist

Earnings Miss: Here's What BP p.l.c. (LON:BP.) Analysts Are Forecasting For This Year

Feb 09
Earnings Miss: Here's What BP p.l.c. (LON:BP.) Analysts Are Forecasting For This Year

Investors Continue Waiting On Sidelines For BP p.l.c. (LON:BP.)

Feb 04
Investors Continue Waiting On Sidelines For BP p.l.c. (LON:BP.)

A Look At The Intrinsic Value Of BP p.l.c. (LON:BP.)

Jan 04
A Look At The Intrinsic Value Of BP p.l.c. (LON:BP.)

Investors Shouldn't Overlook BP's (LON:BP.) Impressive Returns On Capital

Dec 05
Investors Shouldn't Overlook BP's (LON:BP.) Impressive Returns On Capital

Here's Why BP (LON:BP.) Can Manage Its Debt Responsibly

Oct 25
Here's Why BP (LON:BP.) Can Manage Its Debt Responsibly

Revenue & Expenses Breakdown

How BP makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

LSE:BP. Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 24201,0799,29317,2590
31 Dec 23208,35115,23816,7820
30 Sep 23226,02825,67015,7010
30 Jun 23227,58718,64914,5620
31 Mar 23246,02226,11414,2220
31 Dec 22239,067-2,48813,5800
30 Sep 22220,870-10,96513,2820
30 Jun 22202,318-11,34713,1590
31 Mar 22171,248-17,48712,6310
31 Dec 21156,4317,56312,1860
30 Sep 21133,8756,59511,6120
30 Jun 21124,2278,69011,0370
31 Mar 21109,193-11,27510,6530
31 Dec 20105,672-20,30610,7900
30 Sep 20149,126-21,64511,0750
30 Jun 20190,905-21,94411,2260
31 Mar 20242,072-3,27411,3830
31 Dec 19158,1094,02511,4530
30 Sep 19281,6444,77212,1240
30 Jun 19292,7108,87012,3050
31 Mar 19295,3139,84712,6180
31 Dec 18297,5339,38212,6660
30 Sep 18289,0348,64312,0590
30 Jun 18269,5867,06311,9130
31 Mar 18250,8424,40811,5610
31 Dec 17238,4333,38811,2050
30 Sep 17222,2593,85810,9070
30 Jun 17209,5253,70910,9500
31 Mar 17199,5452,14611,0920
31 Dec 16182,32511411,1320
30 Sep 16180,811-3,69111,6280
30 Jun 16189,890-5,26511,7130
31 Mar 16205,584-9,66912,0400
31 Dec 15222,243-6,48412,3830
30 Sep 15247,531-7,58411,3030
30 Jun 15285,521-6,34011,6070
31 Mar 15317,6002,85212,5140
31 Dec 14351,1953,77813,1830
30 Sep 14373,2889,22713,9460
30 Jun 14375,98511,44114,7850
31 Mar 14376,73910,11414,4920
31 Dec 13379,63123,44913,8220
30 Sep 13380,68723,89514,3250
30 Jun 13376,08825,67214,3350

Quality Earnings: BP. has high quality earnings.

Growing Profit Margin: BP.'s current net profit margins (4.6%) are lower than last year (10.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BP.'s earnings have grown significantly by 26.7% per year over the past 5 years.

Accelerating Growth: BP.'s has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BP. had negative earnings growth (-64.4%) over the past year, making it difficult to compare to the Oil and Gas industry average (-64.4%).


Return on Equity

High ROE: BP.'s Return on Equity (11.6%) is considered low.


Return on Assets


Return on Capital Employed


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