BP Past Earnings Performance
Past criteria checks 3/6
BP has been growing earnings at an average annual rate of 19.6%, while the Oil and Gas industry saw earnings growing at 22.5% annually. Revenues have been declining at an average rate of 4.2% per year. BP's return on equity is 18.6%, and it has net margins of 7.3%.
Key information
19.6%
Earnings growth rate
22.1%
EPS growth rate
| Oil and Gas Industry Growth | 21.8% |
| Revenue growth rate | -4.2% |
| Return on equity | 18.6% |
| Net Margin | 7.3% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Investors Will Want BP's (LON:BP.) Growth In ROCE To Persist
Apr 10
Earnings Miss: Here's What BP p.l.c. (LON:BP.) Analysts Are Forecasting For This Year
Feb 09Investors Continue Waiting On Sidelines For BP p.l.c. (LON:BP.)
Feb 04A Look At The Intrinsic Value Of BP p.l.c. (LON:BP.)
Jan 04Investors Shouldn't Overlook BP's (LON:BP.) Impressive Returns On Capital
Dec 05Here's Why BP (LON:BP.) Can Manage Its Debt Responsibly
Oct 25Estimating The Fair Value Of BP p.l.c. (LON:BP.)
Sep 25Investors Should Be Encouraged By BP's (LON:BP.) Returns On Capital
Jul 30Is BP (LON:BP.) A Risky Investment?
Jul 15Estimating The Fair Value Of BP p.l.c. (LON:BP.)
Jun 12Revenue & Expenses BreakdownBeta
How BP makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 208,351 | 15,238 | 16,782 | 0 |
| 30 Sep 23 | 226,028 | 25,670 | 15,701 | 0 |
| 30 Jun 23 | 227,587 | 18,649 | 14,562 | 0 |
| 31 Mar 23 | 246,695 | 26,114 | 14,222 | 0 |
| 31 Dec 22 | 239,067 | -2,488 | 13,580 | 0 |
| 30 Sep 22 | 220,870 | -10,965 | 13,282 | 0 |
| 30 Jun 22 | 202,318 | -11,347 | 13,159 | 0 |
| 31 Mar 22 | 171,248 | -17,487 | 12,631 | 0 |
| 31 Dec 21 | 156,431 | 7,563 | 12,186 | 0 |
| 30 Sep 21 | 133,875 | 6,595 | 11,612 | 0 |
| 30 Jun 21 | 124,227 | 8,690 | 11,037 | 0 |
| 31 Mar 21 | 109,193 | -11,275 | 10,653 | 0 |
| 31 Dec 20 | 105,672 | -20,306 | 10,790 | 0 |
| 30 Sep 20 | 149,126 | -21,645 | 11,075 | 0 |
| 30 Jun 20 | 190,905 | -21,944 | 11,226 | 0 |
| 31 Mar 20 | 242,072 | -3,274 | 11,383 | 0 |
| 31 Dec 19 | 158,109 | 4,025 | 11,453 | 0 |
| 30 Sep 19 | 281,644 | 4,772 | 12,124 | 0 |
| 30 Jun 19 | 292,710 | 8,870 | 12,305 | 0 |
| 31 Mar 19 | 295,313 | 9,847 | 12,618 | 0 |
| 31 Dec 18 | 297,533 | 9,382 | 12,666 | 0 |
| 30 Sep 18 | 289,034 | 8,643 | 12,059 | 0 |
| 30 Jun 18 | 269,586 | 7,063 | 11,913 | 0 |
| 31 Mar 18 | 250,842 | 4,408 | 11,561 | 0 |
| 31 Dec 17 | 238,433 | 3,388 | 11,205 | 0 |
| 30 Sep 17 | 222,259 | 3,858 | 10,907 | 0 |
| 30 Jun 17 | 209,525 | 3,709 | 10,950 | 0 |
| 31 Mar 17 | 199,545 | 2,146 | 11,092 | 0 |
| 31 Dec 16 | 182,325 | 114 | 11,132 | 0 |
| 30 Sep 16 | 180,811 | -3,691 | 11,628 | 0 |
| 30 Jun 16 | 189,890 | -5,265 | 11,713 | 0 |
| 31 Mar 16 | 205,584 | -9,669 | 12,040 | 0 |
| 31 Dec 15 | 222,243 | -6,484 | 12,383 | 0 |
| 30 Sep 15 | 247,531 | -7,584 | 11,303 | 0 |
| 30 Jun 15 | 285,521 | -6,340 | 11,607 | 0 |
| 31 Mar 15 | 317,600 | 2,852 | 12,514 | 0 |
| 31 Dec 14 | 351,195 | 3,778 | 13,183 | 0 |
| 30 Sep 14 | 373,288 | 9,227 | 13,946 | 0 |
| 30 Jun 14 | 375,985 | 11,441 | 14,785 | 0 |
| 31 Mar 14 | 376,739 | 10,114 | 14,492 | 0 |
| 31 Dec 13 | 379,631 | 23,449 | 13,822 | 0 |
| 30 Sep 13 | 380,687 | 23,895 | 14,325 | 0 |
| 30 Jun 13 | 376,088 | 25,672 | 14,335 | 0 |
Quality Earnings: BP. has high quality earnings.
Growing Profit Margin: BP. became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BP.'s earnings have grown by 19.6% per year over the past 5 years.
Accelerating Growth: BP. has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BP. has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-35.4%).
Return on Equity
High ROE: BP.'s Return on Equity (18.6%) is considered low.