BP p.l.c. (BP) Financial Ratios
30 years of historical data (1996–2025) · Energy · Oil & Gas Integrated
EV/EBITDA
↓
4.45
+18% vs avg
5yr avg: 3.78
30Y Low2.6·High19.0
P/FCF
↑
9.03
↑+42% vs avg
5yr avg: 6.37
30Y Low3.8·High196.8
P/B Ratio
↑
1.40
+20% vs avg
5yr avg: 1.17
30Y Low0.8·High10.3
ROE
↓
0.1%
↑-99% vs avg
5yr avg: 4.9%
30Y Low-22%·High28%
Debt/EBITDA
↓
2.51
↑+26% vs avg
5yr avg: 1.99
30Y Low0.2·High7.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BP Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
BP p.l.c. trades at 1916.7x earnings, 297% above its 5-year average of 483.1x, sitting at the 100th percentile of its historical range. Compared to the Energy sector median P/E of 15.4x, the stock trades at a premium of 12326%. On a free-cash-flow basis, the stock trades at 9.0x P/FCF, 42% above the 5-year average of 6.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $102.1B | $92.1B | $82.9B | $104.7B | $110.5B | $89.9B | $69.2B | $128.3B | $127.0B | $138.8B | $117.5B |
| Enterprise Value | $149.8B | $139.8B | $120.0B | $140.1B | $142.7B | $133.8B | $121.9B | $185.0B | $170.4B | $176.5B | $152.3B |
| P/E Ratio → | 1916.67 | 1702.45 | 211.14 | 6.87 | — | 11.89 | — | 31.98 | 13.54 | 40.81 | 1038.33 |
| P/S Ratio | 0.54 | 0.49 | 0.44 | 0.50 | 0.46 | 0.57 | 0.65 | 0.81 | 0.43 | 0.58 | 0.64 |
| P/B Ratio | 1.40 | 1.24 | 1.06 | 1.22 | 1.33 | 0.99 | 0.81 | 1.27 | 1.25 | 1.38 | 1.21 |
| P/FCF | 9.03 | 8.15 | 6.90 | 5.90 | 3.83 | 7.07 | — | 12.40 | 20.60 | 58.60 | — |
| P/OCF | 4.16 | 3.75 | 3.04 | 3.27 | 2.70 | 3.81 | 5.69 | 4.98 | 5.55 | 7.33 | 10.99 |
P/E links to full P/E history page with 30-year chart
BP EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
BP p.l.c.'s enterprise value stands at 4.5x EBITDA, 18% above its 5-year average of 3.8x. The Energy sector median is 7.8x, placing the stock at a 43% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.74 | 0.63 | 0.67 | 0.59 | 0.85 | 1.15 | 1.16 | 0.57 | 0.73 | 0.83 |
| EV / EBITDA | 4.45 | 4.16 | 3.97 | 2.98 | 2.56 | 5.25 | 8.51 | 5.44 | 5.18 | 7.03 | 13.40 |
| EV / EBIT | 9.68 | 10.84 | 10.58 | 5.08 | 7.92 | 7.54 | — | 15.89 | 8.85 | 20.44 | — |
| EV / FCF | — | 12.38 | 10.00 | 7.89 | 4.94 | 10.51 | — | 17.87 | 27.63 | 74.49 | — |
BP Profitability
Margins and return-on-capital ratios measuring operating efficiency
BP p.l.c. earns an operating margin of 8.2%, below the Energy sector average of 13.8%. Operating margins have compressed from 14.8% to 8.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 0.1% is modest, trailing the sector median of 7.2%. ROIC of 9.8% represents adequate returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 17.7% | 17.7% | 16.0% | 22.9% | 22.8% | 14.5% | 9.6% | 17.3% | 9.7% | 7.9% | 3.6% |
| Operating Margin | 8.2% | 8.2% | 6.8% | 14.8% | 17.2% | 6.8% | -0.5% | 10.2% | 5.5% | 3.3% | -2.4% |
| Net Profit Margin | 0.0% | 0.0% | 0.2% | 7.3% | -1.0% | 4.8% | -19.2% | 2.5% | 3.1% | 1.4% | 0.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.1% | 0.1% | 0.5% | 18.1% | -2.9% | 8.6% | -21.8% | 4.0% | 9.3% | 3.4% | 0.1% |
| ROA | 0.0% | 0.0% | 0.1% | 5.4% | -0.9% | 2.7% | -7.2% | 1.4% | 3.4% | 1.3% | 0.0% |
| ROIC | 9.8% | 9.8% | 8.2% | 19.7% | 24.9% | 5.9% | -0.3% | 8.0% | 8.7% | 4.4% | -2.6% |
| ROCE | 7.8% | 7.8% | 6.5% | 16.2% | 20.9% | 5.1% | -0.3% | 7.4% | 7.7% | 3.8% | -2.1% |
BP Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
BP p.l.c. carries a Debt/EBITDA ratio of 2.5x, which is moderately leveraged (roughly in line with the sector average of 2.6x). Net debt stands at $47.7B ($84.3B total debt minus $36.6B cash). Interest coverage of just 2.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.14 | 1.14 | 0.91 | 0.74 | 0.67 | 0.77 | 0.96 | 0.77 | 0.65 | 0.63 | 0.60 |
| Debt / EBITDA | 2.51 | 2.51 | 2.37 | 1.34 | 1.00 | 2.74 | 5.72 | 2.28 | 2.00 | 2.52 | 5.13 |
| Net Debt / Equity | — | 0.64 | 0.47 | 0.41 | 0.39 | 0.48 | 0.62 | 0.56 | 0.43 | 0.37 | 0.36 |
| Net Debt / EBITDA | 1.42 | 1.42 | 1.23 | 0.75 | 0.58 | 1.72 | 3.68 | 1.67 | 1.32 | 1.50 | 3.06 |
| Debt / FCF | — | 4.22 | 3.10 | 1.99 | 1.11 | 3.45 | — | 5.47 | 7.03 | 15.89 | — |
| Interest Coverage | 2.50 | 2.50 | 2.49 | 7.21 | 6.87 | 7.05 | -10.16 | 4.82 | 7.62 | 4.16 | -0.37 |
BP Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.26x means BP p.l.c. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.21x to 1.26x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.26 | 1.26 | 1.25 | 1.21 | 1.09 | 1.15 | 1.22 | 1.12 | 1.05 | 1.16 | 1.16 |
| Quick Ratio | 0.98 | 0.98 | 0.97 | 0.94 | 0.80 | 0.86 | 0.94 | 0.83 | 0.78 | 0.86 | 0.86 |
| Cash Ratio | 0.46 | 0.46 | 0.42 | 0.33 | 0.24 | 0.33 | 0.49 | 0.28 | 0.33 | 0.40 | 0.40 |
| Asset Turnover | — | 0.68 | 0.67 | 0.75 | 0.84 | 0.55 | 0.40 | 0.54 | 1.06 | 0.87 | 0.70 |
| Inventory Turnover | 6.93 | 6.93 | 6.84 | 7.10 | 6.63 | 5.69 | 5.68 | 6.31 | 15.00 | 11.64 | 10.00 |
| Days Sales Outstanding | — | 53.25 | 50.52 | 52.69 | 50.33 | 61.00 | 61.49 | 54.85 | 24.50 | 29.60 | 28.82 |
BP Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
BP p.l.c. returns 9.3% to shareholders annually — split between a 4.9% dividend yield and 4.4% buyback yield. The payout ratio exceeds 100% at 9219.7%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 0.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.9% | 5.5% | 6.0% | 4.6% | 3.9% | 4.8% | 9.2% | 5.4% | 5.3% | 4.4% | 3.9% |
| Payout Ratio | 9219.7% | 9219.7% | 1312.9% | 31.6% | — | 56.9% | — | 172.5% | 71.4% | 181.5% | 4008.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.1% | 0.1% | 0.5% | 14.5% | — | 8.4% | — | 3.1% | 7.4% | 2.5% | 0.1% |
| FCF Yield | 11.1% | 12.3% | 14.5% | 17.0% | 26.1% | 14.2% | — | 8.1% | 4.9% | 1.7% | — |
| Buyback Yield | 4.4% | 4.9% | 8.6% | 7.6% | 9.0% | 3.5% | 1.1% | 1.2% | 0.3% | 0.2% | 0.0% |
| Total Shareholder Yield | 9.3% | 10.4% | 14.6% | 12.2% | 13.0% | 8.3% | 10.3% | 6.6% | 5.6% | 4.7% | 3.9% |
| Shares Outstanding | — | $2.7B | $2.8B | $3.0B | $3.2B | $3.4B | $3.4B | $3.4B | $3.4B | $3.3B | $3.1B |
Peer Comparison
Compare BP with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BPYou | $102B | 1916.7 | 4.5 | 9.0 | 17.7% | 8.2% | 0.1% | 9.8% | 2.5 |
 XOM | $584B | 20.6 | 10.3 | 24.7 | 21.7% | 10.5% | 10.7% | 8.6% | 0.7 |
 CVX | $346B | 26.2 | 10.4 | 20.9 | 30.4% | 9.0% | 7.1% | 6.2% | 1.3 |
 SHEL | $222B | 13.1 | 6.0 | 10.2 | 15.9% | 10.3% | 10.0% | 8.8% | 2.1 |
 TTE | $179B | 13.9 | 6.3 | 16.6 | 28.4% | 10.9% | 11.0% | 9.9% | 1.8 |
 E | $72B | 28.5 | 7.3 | 14.2 | 5.5% | 7.3% | 4.6% | 5.2% | 3.0 |
 COP | $131B | 17.0 | 6.4 | 7.8 | 24.6% | 19.6% | 12.4% | 10.4% | 1.0 |
 EOG | $69B | 14.3 | 5.9 | 17.6 | 68.1% | 35.1% | 16.8% | 19.1% | 0.7 |
 DVN | $26B | 10.0 | 4.5 | 8.4 | 24.7% | 22.0% | 17.5% | 12.3% | 1.2 |
 OXY | $52B | 32.2 | 6.5 | 12.6 | 33.8% | 17.2% | 6.7% | 4.7% | 2.1 |
 MPC | $71B | 18.3 | 11.3 | 14.9 | 7.5% | 4.3% | 16.7% | 8.3% | 3.8 |
| Energy Median | — | 15.4 | 7.8 | 13.8 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into BP consensus models and risk factors.
View Analysis
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
BP — Frequently Asked Questions
Quick answers to the most common questions about buying BP stock.
What is BP p.l.c.'s P/E ratio?
BP p.l.c.'s current P/E ratio is 1916.7x. The historical average is 20.2x. This places it at the 100th percentile of its historical range.
What is BP p.l.c.'s EV/EBITDA?
BP p.l.c.'s current EV/EBITDA is 4.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.8x.
What is BP p.l.c.'s ROE?
BP p.l.c.'s return on equity (ROE) is 0.1%. The historical average is 10.9%.
Is BP stock overvalued?
Based on historical data, BP p.l.c. is trading at a P/E of 1916.7x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is BP p.l.c.'s dividend yield?
BP p.l.c.'s current dividend yield is 4.89% with a payout ratio of 9219.7%.
What are BP p.l.c.'s profit margins?
BP p.l.c. has 17.7% gross margin and 8.2% operating margin.
How much debt does BP p.l.c. have?
BP p.l.c.'s Debt/EBITDA ratio is 2.5x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.