BP p.l.c. (BP) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
BP's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
BP Revenue Analysis (2014–2025)
As of March 2, 2026, BP p.l.c. (BP) generated trailing twelve-month (TTM) revenue of $189.23 billion, reflecting modest growth of +3.4% year-over-year. The most recent quarter (Q4 2025) recorded $47.31 billion in revenue, down 2.2% sequentially.
Looking at the longer-term picture, BP's 5-year compound annual growth rate (CAGR) stands at +12.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $353.57 billion in 2014.
Revenue diversification analysis shows BP's business is primarily driven by Oil and Gas, Oil Products (64%), Other Operating Revenue (15%), and Natural Gas Products (13%). With over half of revenue concentrated in Oil and Gas, Oil Products, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including SHEL (-5.9% YoY), TTE (-6.7% YoY), and EQNR (+3.6% YoY), BP has underperformed the peer group in terms of revenue growth. Compare BP vs SHEL →
Peer Comparison
Compare BP's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BPCurrent | $189.2B | +3.4% | +12.4% | 8.2% | |
| SHEL | $267.5B | -5.9% | +8.2% | 11.5% | |
| TTE | $189.8B | -6.7% | +9.7% | 11.5% | |
| EQNR | $106.2B | +3.6% | +18.3% | 25.7% | |
| E | $88.8B | -5.5% | +4.9% | 5.9% | |
| SLNG | $73M | -2.4% | +9.3% | 4.6% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $189.78B | +0.3% | $33.04B | 17.4% | $15.50B | 8.2% |
| 2024 | $189.19B | -9.2% | $30.24B | 16.0% | $13.62B | 7.2% |
| 2023 | $208.35B | -13.7% | $64.06B | 30.7% | $46.98B | 22.5% |
| 2022 | $241.39B | +53.0% | $55.10B | 22.8% | $41.45B | 17.2% |
| 2021 | $157.74B | +48.9% | $22.86B | 14.5% | $10.67B | 6.8% |
| 2020 | $105.94B | -33.5% | $10.18B | 9.6% | $-573,000,000 | -0.5% |
| 2019 | $159.31B | -46.7% | $27.58B | 17.3% | $16.19B | 10.2% |
| 2018 | $298.76B | +24.4% | $28.88B | 9.7% | $16.34B | 5.5% |
| 2017 | $240.21B | +31.3% | $18.90B | 7.9% | $7.92B | 3.3% |
| 2016 | $183.01B | -17.9% | $6.52B | 3.6% | $-4,418,000,000 | -2.4% |
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Start ComparisonFrequently Asked Questions
Is BP's revenue growth accelerating or slowing?
BP revenue growth slowed to +3.4%, below the 5-year CAGR of +12.4%. TTM revenue is $189.2B. The deceleration marks a shift from historical growth rates.
What is BP's long-term revenue growth rate?
BP p.l.c.'s 5-year revenue CAGR of +12.4% reflects the variable expansion pattern. Current YoY growth of +3.4% is near this long-term average.
How is BP's revenue distributed by segment?
BP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.