BP p.l.c. (BP) Key Metrics
BP valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $129.32B
- Enterprise value
- $150.34B
- P/E (TTM)
- 24.5 10-yr median 22.7
- Forward P/E
- 9.8
- PEG ratio
- 0.06
- Price / sales
- 0.6 10-yr median 0.5
- Price / book
- 1.9 10-yr median 1.4
- EV / EBITDA
- 3.7 10-yr median 4.5
- Dividend yield
- 4.02% $2.02 a year
- Beta
- −0.20
BP key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBP valuation Price multiples at each fiscal year-end price.
BP returns How much profit the business earns on the capital it uses.
BP per-share figures Results divided by the shares outstanding at year-end.
BP financial health Debt, liquidity and how easily interest is covered.
BP efficiency & capital use Working capital cycle and where the cash goes.
BP valuation history
BP returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BP cash returned to shareholders
BP price vs earnings per share
BP key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $92.11B | $82.85B | $104.73B | $110.54B | $89.92B | $69.16B | $128.31B | $127.05B | $138.81B | $117.47B |
| Enterprise value | $139.66B | $119.87B | $139.21B | $142.13B | $133.49B | $121.56B | $184.79B | $170.16B | $176.33B | $152.24B |
| P/E ratio | — | 217.5 | 6.9 | — | 11.9 | — | 31.9 | 13.5 | 41.0 | — |
| Price / sales | 0.5 | 0.4 | 0.5 | 0.5 | 0.6 | 0.7 | 0.8 | 0.4 | 0.6 | 0.6 |
| Price / book | 1.7 | 1.4 | 1.5 | 1.6 | 1.2 | 1.0 | 1.3 | 1.3 | 1.4 | 1.2 |
| Price / free cash flow | 8.2 | 6.9 | 5.9 | 3.8 | 7.1 | — | 12.4 | 20.6 | 58.6 | — |
| Price / operating cash flow | 3.8 | 3.0 | 3.3 | 2.7 | 3.8 | 5.7 | 5.0 | 5.6 | 7.3 | 11.0 |
| EV / sales | 0.7 | 0.6 | 0.7 | 0.6 | 0.8 | 1.1 | 1.2 | 0.6 | 0.7 | 0.8 |
| EV / EBITDA | 4.5 | 4.3 | 3.2 | 4.4 | 4.1 | — | 6.3 | 4.9 | 7.3 | 11.0 |
| EV / free cash flow | 12.4 | 10.0 | 7.8 | 4.9 | 10.5 | — | 17.9 | 27.6 | 74.4 | — |
| Earnings yield | 0.1% | 0.5% | 14.6% | −2.2% | 8.4% | −29.4% | 3.1% | 7.4% | 2.4% | 0.1% |
| Free cash flow yield | 12.2% | 14.5% | 17.0% | 26.1% | 14.2% | −0.2% | 8.1% | 4.9% | 1.7% | −5.1% |
| Dividend yield | 5.5% | 6.0% | 4.6% | 3.9% | 4.8% | 9.2% | 5.4% | 5.3% | 4.4% | 3.9% |
| Shareholder yield (dividends + buybacks) | 10.4% | 14.6% | 12.2% | 13.0% | 8.3% | 10.3% | 6.6% | 5.6% | 4.7% | 3.9% |
| Share price at fiscal year-end | $34.73 | $29.56 | $35.40 | $34.93 | $26.63 | $20.52 | $37.74 | $37.92 | $42.03 | $37.38 |
| Per share | ||||||||||
| Revenue per share | $71.39 | $67.50 | $71.03 | $76.28 | $46.71 | $31.44 | $46.86 | $89.17 | $72.73 | $58.24 |
| Earnings per share | $0.02 | $0.14 | $5.15 | −$0.79 | $2.24 | −$6.02 | $1.18 | $2.80 | $1.03 | $0.04 |
| Operating cash flow per share | $9.24 | $9.74 | $10.83 | $12.93 | $6.99 | $3.61 | $7.58 | $6.83 | $5.73 | $3.40 |
| Free cash flow per share | $4.25 | $4.28 | $6.00 | $9.12 | $3.77 | −$0.04 | $3.04 | $1.84 | $0.72 | −$1.91 |
| Cash per share | $13.84 | $12.32 | $9.66 | $7.55 | $7.77 | $8.76 | $6.17 | $6.77 | $7.78 | $7.49 |
| Book value per share | $20.00 | $21.14 | $23.76 | $21.35 | $22.35 | $21.14 | $28.95 | $29.68 | $29.82 | $30.32 |
| Tangible book value per share | $13.03 | $13.97 | $17.63 | $15.68 | $18.04 | $16.85 | $25.03 | $20.88 | $20.77 | $20.97 |
| Dividends per share | $1.91 | $1.79 | $1.63 | $1.38 | $1.27 | $1.88 | $2.04 | $2.00 | $1.86 | $1.47 |
| Capex per share | $4.98 | $5.46 | $4.83 | $3.81 | $3.22 | $3.65 | $4.53 | $4.99 | $5.01 | $5.31 |
| Debt per share | $31.77 | $25.53 | $21.32 | $17.54 | $20.67 | $24.31 | $22.78 | $19.64 | $19.14 | $18.55 |
| Shares outstanding | 2.65B | 2.80B | 2.96B | 3.16B | 3.38B | 3.37B | 3.40B | 3.35B | 3.30B | 3.14B |
| Change in shares outstanding | −5.4% | −5.3% | −6.5% | −6.3% | +0.2% | −0.9% | +1.5% | +1.4% | +5.1% | +2.9% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 0.1% | 0.6% | 22.1% | −3.5% | 10.3% | −23.9% | 4.1% | 9.5% | 3.5% | 0.1% |
| Return on invested capital (ROIC) | 7.9% | 6.4% | 20.4% | 19.0% | 4.9% | −0.3% | 5.6% | 6.7% | 3.0% | −2.8% |
| Return on assets (ROA) | 0.0% | 0.1% | 5.4% | −0.9% | 2.7% | −7.2% | 1.4% | 3.4% | 1.3% | 0.0% |
| Return on tangible assets | 0.0% | 0.1% | 5.8% | −0.9% | 2.8% | −8.0% | 1.4% | 3.7% | 1.4% | 0.0% |
| Free cash flow margin | 6.0% | 6.3% | 8.4% | 12.0% | 8.1% | −0.1% | 6.5% | 2.1% | 1.0% | −3.3% |
| Income quality (OCF / net income) | 445.33 | 71.65 | 2.10 | — | 3.12 | — | 6.40 | 2.44 | 5.59 | 92.97 |
| Financial health | ||||||||||
| Total debt | $84.27B | $71.55B | $63.08B | $55.49B | $69.79B | $81.93B | $77.45B | $65.80B | $63.23B | $58.30B |
| Cash & short-term investments | $36.71B | $34.52B | $28.59B | $23.91B | $26.22B | $29.53B | $20.96B | $22.69B | $25.71B | $23.53B |
| Net debt | $47.55B | $37.02B | $34.48B | $31.59B | $43.57B | $52.40B | $56.48B | $43.11B | $37.52B | $34.77B |
| Debt / equity | 1.59 | 1.21 | 0.90 | 0.82 | 0.92 | 1.15 | 0.79 | 0.66 | 0.64 | 0.61 |
| Debt / assets | 0.30 | 0.25 | 0.23 | 0.19 | 0.24 | 0.31 | 0.26 | 0.23 | 0.23 | 0.22 |
| Net debt / EBITDA | 1.55 | 1.32 | 0.79 | 0.98 | 1.34 | — | 1.92 | 1.24 | 1.55 | 2.50 |
| Current ratio | 1.26 | 1.25 | 1.21 | 1.09 | 1.15 | 1.22 | 1.12 | 1.05 | 1.16 | 1.16 |
| Quick ratio | 0.98 | 0.97 | 0.94 | 0.80 | 0.86 | 0.94 | 0.83 | 0.78 | 0.86 | 0.86 |
| Interest coverage | 3.0 | 2.8 | 8.1 | 15.8 | 4.2 | -0.3 | 6.7 | 6.5 | 3.8 | -2.6 |
| Working capital | $21.20B | $20.59B | $18.07B | $8.67B | $12.30B | $13.18B | $8.46B | $3.07B | $10.24B | $9.46B |
| Invested capital | $100.61B | $96.27B | $104.77B | $99.14B | $119.03B | $123.65B | $154.89B | $142.55B | $136.01B | $130.06B |
| Tangible asset value | $55.50B | $58.22B | $67.36B | $65.04B | $75.90B | $71.11B | $87.39B | $72.06B | $70.50B | $67.47B |
| Net current asset value | −$102.74B | −$101.08B | −$90.66B | −$97.44B | −$104.24B | −$109.10B | −$112.43B | −$109.32B | −$101.14B | −$98.66B |
| Graham number | $3.06 | $8.04 | $52.47 | — | $33.56 | — | $27.77 | $43.25 | $26.24 | $5.00 |
| Graham net-net per share | −$51.22 | −$49.28 | −$44.64 | −$44.94 | −$41.16 | −$38.79 | −$42.68 | −$39.97 | −$38.24 | −$39.23 |
| Capital allocation | ||||||||||
| Dividends paid | $5.06B | $5.00B | $4.81B | $4.36B | $4.30B | $6.34B | $6.95B | $6.70B | $6.15B | $4.61B |
| Share buybacks (net) | $4.49B | $7.13B | $7.92B | $10.00B | $3.15B | $776.0M | $1.51B | $355.0M | $343.0M | $0 |
| Dividend payout ratio | — | — | 31.6% | — | 56.9% | — | 172.5% | 71.4% | 181.6% | — |
| Dividends + buybacks / free cash flow | 84.7% | 101.1% | 71.7% | 49.7% | 58.6% | — | 81.7% | 114.4% | 274.2% | — |
| Capex / revenue | 7.0% | 8.1% | 6.8% | 5.0% | 6.9% | 11.6% | 9.7% | 5.6% | 6.9% | 9.1% |
| Capex / operating cash flow | 54.0% | 56.0% | 44.6% | 29.5% | 46.1% | 101.2% | 59.8% | 73.0% | 87.5% | 156.2% |
| Capex / depreciation | 0.74 | 0.92 | 0.90 | 0.82 | 0.73 | 0.83 | 0.84 | 1.08 | 1.06 | 1.15 |
| Stock-based compensation / revenue | 0.6% | 0.6% | 0.3% | 0.3% | 0.4% | 0.7% | 0.5% | 0.2% | 0.3% | 0.4% |
| R&D / revenue | — | 0.2% | 0.1% | 0.1% | 0.2% | 0.3% | 0.2% | 0.1% | 0.2% | 0.2% |
| SG&A / revenue | 9.2% | 8.7% | 8.0% | 5.6% | 7.6% | 9.8% | 6.9% | 4.1% | 4.4% | 5.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 51.9 | 54.5 | 55.3 | 45.1 | 51.2 | 72.0 | 50.4 | 24.1 | 25.8 | 36.3 |
| Days of inventory on hand | 53.6 | 52.9 | 57.3 | 50.7 | 54.9 | 71.9 | 53.9 | 25.0 | 30.2 | 32.9 |
| Days payables outstanding | 111.8 | 93.1 | 100.9 | 82.8 | 81.8 | 102.3 | 78.7 | 36.0 | 40.0 | 39.7 |
| Cash conversion cycle (days) | -6.4 | 14.3 | 11.7 | 13.0 | 24.2 | 41.6 | 25.6 | 13.2 | 16.0 | 29.4 |
| Receivables turnover | 7.04 | 6.69 | 6.61 | 8.09 | 7.14 | 5.07 | 7.24 | 15.11 | 14.16 | 10.07 |
| Payables turnover | 3.26 | 3.92 | 3.62 | 4.41 | 4.46 | 3.57 | 4.64 | 10.14 | 9.12 | 9.19 |
| Inventory turnover | 6.81 | 6.90 | 6.37 | 7.19 | 6.65 | 5.07 | 6.78 | 14.59 | 12.07 | 11.10 |
| Asset turnover | 0.68 | 0.67 | 0.74 | 0.84 | 0.57 | 0.38 | 0.55 | 1.07 | 0.89 | 0.70 |
| Average receivables | $26.90B | $28.26B | $31.81B | $29.83B | $22.11B | $20.89B | $22.00B | $19.77B | $16.96B | $18.18B |
| Average payables | $47.74B | $40.52B | $44.81B | $42.27B | $30.24B | $26.85B | $28.39B | $26.62B | $24.28B | $19.21B |
| Average inventory | $22.87B | $23.03B | $25.45B | $25.90B | $20.29B | $18.88B | $19.43B | $18.50B | $18.33B | $15.90B |
| Intangibles / total assets | 6.6% | 7.1% | 6.5% | 6.2% | 5.1% | 5.4% | 4.5% | 10.5% | 10.8% | 11.2% |
Computed from BP's annual financial statements (latest annual report filed March 6, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BP valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 24.5 and the forward P/E is 9.8. BP p.l.c. earned a return on equity of 0.1% and a return on invested capital of 7.9% in fiscal 2025. It ended the year with $84.3 billion of debt and $36.7 billion in cash and short-term investments, net debt of $47.6 billion. It returned $9.5 billion to shareholders: $5.1 billion in dividends and $4.5 billion in share buybacks, 85% of free cash flow. The share count fell 15.6% from 3.14B to 2.65B over 9 years.
See the BP income statement, the BP chart for price history, or the BP stock overview for the latest quote and news.
BP key metrics FAQ
What is BP p.l.c.'s P/E ratio?
BP p.l.c.'s trailing P/E ratio is 24.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 9.8. At the end of fiscal 2025 it was —, compared with a 10-year median of 22.7.
What is BP p.l.c.'s EV/EBITDA?
BP p.l.c.'s enterprise value was 4.5 times EBITDA at the end of fiscal 2025 (enterprise value $139.7 billion, EBITDA $30.7 billion); the current EV/EBITDA is 3.7.
What is BP p.l.c.'s return on equity?
BP p.l.c.'s return on equity (ROE) was 0.1% in fiscal 2025: net income of $55.0 million on average shareholders' equity of $56.1 billion.
What is BP p.l.c.'s ROIC?
BP p.l.c.'s return on invested capital was 7.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does BP p.l.c. have?
BP p.l.c. had total debt of $84.3 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.59 and $47.6 billion of net debt (1.55 times EBITDA).
What is BP p.l.c.'s dividend yield?
BP p.l.c.'s forward dividend yield is 4.02%. BP p.l.c. paid $5.1 billion in dividends in fiscal 2025 ($1.91 per share), a payout ratio of —.
Does BP p.l.c. buy back its shares?
Yes. BP p.l.c. spent $4.5 billion on net share repurchases in fiscal 2025 Shares outstanding changed −5.4% over the year, to 2.65B..
What is BP p.l.c.'s free cash flow yield?
BP p.l.c. generated $11.3 billion of free cash flow in fiscal 2025, a free cash flow yield of 12.2% on its market value at year-end ($92.1 billion).
What is BP p.l.c.'s current ratio?
BP p.l.c.'s current ratio was 1.26 at the end of fiscal 2025: current assets were 1.26 times current liabilities.