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BP Financial Statements and Analysis

NYSE : BP

BP p.l.c.

$35.31
0.31+0.89%
At Close 4:00 PM
$35.35
0.04+0.11%
After-Market 07:20 PM
69.74
BESG ScoreESG Rating

BP FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

BP Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue47.254B47.299B48.88B52.141B53.269B
cost of revenue39.729B40.165B39.088B41.819B40.632B
gross profit7.525B7.134B9.792B10.322B12.637B
gross profit ratio0.1590.1510.200.1980.237
research and development expenses000298.00M0
general and administrative expenses3.93B4.167B4.222B4.733B4.458B
selling and marketing expenses00000
selling general and administrative expenses3.93B4.167B4.222B4.733B4.458B
other expenses3.595B179.00M000
operating expenses7.525B4.346B4.469B4.733B4.555B
cost and expenses47.254B44.511B43.557B46.552B45.187B
interest income438.00M454.00M381.00M599.00M410.00M
interest expense1.101B1.216B1.075B1.038B1.039B
depreciation and amortization4.117B4.098B4.356B4.06B4.219B
ebitda6.616B6.568B9.72B9.649B12.845B
ebitda ratio0.140.1390.2160.1850.241
operating income3.223B7.053B6.221B5.589B8.626B
operating income ratio0.0680.1490.1270.1070.162
total other income expenses net-1.825B-5.799B-690.00M-4.356B-1.317B
income before tax1.398B1.254B4.633B1.233B7.309B
income before tax ratio0.030.0270.0950.0240.137
income tax expense1.028B1.184B2.224B663.00M2.24B
net income206.00M-129.00M2.263B371.00M4.858B
net income ratio0.004-0.0030.0460.0070.091
eps0.076-0.0080.140.131.69
eps diluted0.074-0.0080.130.131.66
weighted average shs out2.72B16.465B16.752B2.806B2.867B
weighted average shs out dil2.785B16.59B17.154B2.878B2.935B
Graph

BP Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents34.595B34.891B31.51B33.03B29.926B
short term investments167.00M708.00M615.00M843.00M932.00M
cash and short term investments34.762B35.599B32.125B33.873B30.858B
net receivables028.89B29.908B32.20B32.595B
inventory21.493B23.345B24.31B22.819B25.671B
other current assets37.427B12.789B15.066B15.254B14.283B
total current assets93.682B100.623B101.409B104.146B103.407B
property plant equipment net99.555B100.293B102.744B104.719B107.163B
goodwill12.873B12.39B12.378B12.472B12.283B
intangible assets10.626B10.301B10.008B5.663B9.997B
goodwill and intangible assets23.499B22.691B22.386B18.135B22.28B
long term investments21.551B32.403B22.051B36.127B21.994B
tax assets5.478B04.227B4.268B3.47B
other non current assets25.943B17.374B22.618B12.899B21.922B
total non current assets176.026B172.761B174.026B176.148B176.829B
other assets00000
total assets269.708B273.384B275.435B280.294B280.236B
account payables54.385B57.66B58.621B61.155B60.44B
short term debt7.21B6.735B7.293B5.934B5.408B
tax payables1.706B2.894B2.804B2.732B3.054B
deferred revenue0002.732B0
other current liabilities13.718B14.089B13.57B16.257B19.747B
total current liabilities77.019B81.378B82.288B86.078B85.595B
long term debt61.278B58.948B56.777B48.67B54.281B
deferred revenue non current0008.471B0
deferred tax liabilities non current8.95B08.98B9.617B10.293B
other non current liabilities42.515B50.859B51.43B41.965B42.391B
total non current liabilities112.743B109.807B108.207B108.723B106.965B
other liabilities00000
capital lease obligations11.018B10.697B11.057B8.471B10.879B
total liabilities189.762B191.185B190.495B194.801B192.56B
preferred stock00021.00M0
common stock067.024B69.77B4.475B72.418B
retained earnings00062.545B0
accumulated other comprehensive income loss000750.00M0
other total stockholders equity64.826B002.492B0
total stockholders equity64.826B67.024B69.77B70.283B72.418B
total equity79.946B82.199B84.94B85.493B87.676B
total liabilities and stockholders equity269.708B273.384B275.435B280.294B280.236B
minority interest15.12B15.175B15.17B15.21B15.258B
total investments21.718B22.141B22.666B36.97B22.926B
total debt68.488B65.683B64.07B63.075B59.689B
net debt33.893B30.792B32.56B30.045B29.763B
Graph

BP Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax000-8.217B-2.432B
stock based compensation278.00M507.00M161.00M97.00M298.00M
change in working capital1.798B1.556B-2.131B1.942B-783.00M
accounts receivables00000
inventory01.556B-2.131B0-783.00M
accounts payables00000
other working capital1.798B730.00M-715.00M00
other non cash items-830.00M10.771B9.027B11.124B136.00M
net cash provided by operating activities6.761B8.10B5.009B9.377B8.747B
investments in property plant and equipment-4.223B-3.463B-3.718B-4.247B-3.456B
acquisitions net-45.00M646.00M323.00M265.00M-68.00M
purchases of investments-101.00M-112.00M-454.00M-426.00M-138.00M
sales maturities of investments0001.00138.00M
other investing activites-4.188B24.00M16.00M16.00M71.00M
net cash used for investing activites-4.233B-2.905B-3.833B-4.392B-3.453B
debt repayment-1.372B-2.162B-1.601B-1.598B-264.00M
common stock issued-271.00M-271.00M1.04B757.00M-228.00M
common stock repurchased-2.001B-1.751B-3.038B-2.358B-2.047B
dividends paid-1.297B-1.204B-1.219B-1.224B-1.249B
other financing activites-1.077B-60.00M-126.00M2.397B-390.00M
net cash used provided by financing activities-3.003B-1.803B-2.436B-2.026B-4.178B
effect of forex changes on cash179.00M-11.00M-260.00M145.00M-104.00M
net change in cash-296.00M3.381B-1.52B3.104B1.012B
cash at end of period34.595B34.891B31.51B33.03B29.926B
cash at beginning of period34.891B31.51B33.03B29.926B28.914B
operating cashflow6.761B8.10B5.009B9.377B8.747B
capital expenditure-4.223B-3.463B-3.718B-4.247B-3.456B
free cash flow2.538B4.637B1.291B5.13B5.291B
Graph

Frequently Asked Questions

How did BP p.l.c. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, BP generated $47.25B in revenue last quarter, while its costs came in at $39.73B.

Last quarter, how much Gross Profit did BP p.l.c. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. BP p.l.c. reported a $7.53B Gross Profit for the quarter ended Sep 30, 2024.

Have BP's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. BP incurred $7.53B worth of Operating Expenses, while it generated $3.22B worth of Operating Income.

How much Net Income has BP posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from BP p.l.c., the company generated $206.00M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did BP p.l.c. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to BP p.l.c. as of the end of the last quarter was $34.60B.

What are BP's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, BP had Total Net Receivables of $0.00.

In terms of Total Assets and Current Assets, where did BP p.l.c. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of BP were $93.68B, while the Total Assets stand at $269.71B.

As of the last quarter, how much Total Debt did BP p.l.c. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of BP's debt was $68.49B at the end of the last quarter.

What were BP's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, BP reported total liabilities of $189.76B.

How much did BP's Working Capital change over the last quarter?

Working Capital Change for BP was $1.80B over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

BP generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. BP generated $6.76B of Cash from Operating Activities during its recently reported quarter.

What was BP's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. BP reported a -$296.00M Net Change in Cash in the most recent quarter.

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