BP PLC Historical Income Statement

BP Stock

USD 29.31 0.18 0.62%

Historical analysis of BP PLC income statement accounts such as Interest Expense of 3.6 B or Total Revenue of 189.4 B can show how well BP PLC ADR performed in making a profits. Evaluating BP PLC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BP PLC's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining BP PLC ADR latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether BP PLC ADR is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BP PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

About BP PLC Income Statement Analysis

BP PLC ADR Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to BP PLC shareholders. The income statement also shows BP PLC investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

BP PLC Income Statement Chart

At this time, BP PLC's Cost Of Revenue is relatively stable compared to the past year. As of 11/30/2024, Net Income From Continuing Ops is likely to grow to about 27.9 B, while Gross Profit is likely to drop slightly above 26.3 B.

Total Revenue Gross Profit Other Operating Expenses Operating Income Research Development

Total Revenue

Total revenue comprises all receipts BP PLC ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of BP PLC ADR minus its cost of goods sold. It is profit before BP PLC operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BP PLC ADR. It is also known as BP PLC overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from BP PLC ADR operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of BP PLC ADR is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from BP PLC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BP PLC ADR current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BP PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

	2021	2022	2023	2024 (projected)
Interest Expense	2.9B	2.7B	3.4B	3.6B
Depreciation And Amortization	15.2B	14.7B	15.9B	9.8B

Interest Expense Depreciation And Amortization

BP PLC income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Cost Of Revenue	Minority Interest	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.27	0.48	-0.36	0.51	-0.02	-0.1	0.17	0.26	-0.9	-0.13	-0.19	-0.1	-0.06	0.38	0.42	0.16	0.56	-0.48	-0.39	0.05	0.01	-0.26	0.36	-0.04
Interest Expense	0.27		-0.28	0.02	-0.34	0.38	0.09	-0.53	0.05	-0.3	-0.03	-0.63	-0.13	0.12	0.33	-0.3	0.2	-0.35	-0.17	-0.73	0.73	-0.2	-0.8	-0.22	-0.64
Total Revenue	0.48	-0.28		0.2	0.99	0.38	0.56	0.83	0.74	-0.43	0.57	0.39	0.6	0.43	0.55	0.97	-0.3	0.57	0.27	0.45	-0.14	0.02	0.3	0.26	0.37
Gross Profit	-0.36	0.02	0.2		0.08	0.81	0.68	-0.02	0.6	0.35	0.68	-0.06	0.51	0.84	0.39	0.09	-0.47	-0.5	0.57	0.36	0.46	-0.32	0.17	-0.01	-0.13
Other Operating Expenses	0.51	-0.34	0.99	0.08		0.25	0.47	0.86	0.67	-0.44	0.49	0.44	0.55	0.32	0.48	0.98	-0.26	0.65	0.22	0.45	-0.24	0.07	0.32	0.29	0.43
Operating Income	-0.02	0.38	0.38	0.81	0.25		0.79	0.09	0.7	-0.02	0.76	-0.22	0.58	0.9	0.69	0.31	-0.44	-0.37	0.46	0.08	0.69	-0.41	-0.05	-0.25	-0.31
Ebit	-0.1	0.09	0.56	0.68	0.47	0.79		0.36	0.9	0.14	0.95	0.34	0.91	0.75	0.62	0.55	-0.69	-0.12	0.81	0.32	0.42	-0.46	0.13	-0.06	0.08
Research Development	0.17	-0.53	0.83	-0.02	0.86	0.09	0.36		0.4	-0.12	0.41	0.57	0.54	0.08	0.32	0.89	-0.15	0.56	0.35	0.69	-0.48	0.23	0.47	0.03	0.47
Ebitda	0.26	0.05	0.74	0.6	0.67	0.7	0.9	0.4		-0.2	0.86	0.3	0.82	0.74	0.68	0.66	-0.6	0.15	0.59	0.26	0.32	-0.42	0.09	0.25	0.13
Total Operating Expenses	-0.9	-0.3	-0.43	0.35	-0.44	-0.02	0.14	-0.12	-0.2		0.13	0.26	0.14	-0.05	-0.37	-0.34	-0.29	-0.61	0.53	0.43	-0.02	-0.07	0.3	-0.27	0.11
Income Before Tax	-0.13	-0.03	0.57	0.68	0.49	0.76	0.95	0.41	0.86	0.13		0.44	0.96	0.79	0.61	0.55	-0.69	-0.08	0.83	0.37	0.35	-0.45	0.26	-0.13	0.13
Total Other Income Expense Net	-0.19	-0.63	0.39	-0.06	0.44	-0.22	0.34	0.57	0.3	0.26	0.44		0.63	-0.05	-0.03	0.46	-0.41	0.33	0.62	0.49	-0.45	0.0	0.56	0.16	0.71
Net Income	-0.1	-0.13	0.6	0.51	0.55	0.58	0.91	0.54	0.82	0.14	0.96	0.63		0.6	0.56	0.61	-0.66	0.05	0.87	0.43	0.17	-0.39	0.3	-0.06	0.25
Income Tax Expense	-0.06	0.12	0.43	0.84	0.32	0.9	0.75	0.08	0.74	-0.05	0.79	-0.05	0.6		0.56	0.32	-0.53	-0.22	0.46	0.17	0.57	-0.41	0.12	-0.08	-0.1
Selling General Administrative	0.38	0.33	0.55	0.39	0.48	0.69	0.62	0.32	0.68	-0.37	0.61	-0.03	0.56	0.56		0.49	-0.34	-0.06	0.37	-0.01	0.48	-0.31	0.07	-0.2	-0.17
Cost Of Revenue	0.42	-0.3	0.97	0.09	0.98	0.31	0.55	0.89	0.66	-0.34	0.55	0.46	0.61	0.32	0.49		-0.3	0.57	0.32	0.47	-0.18	0.05	0.32	0.15	0.42
Minority Interest	0.16	0.2	-0.3	-0.47	-0.26	-0.44	-0.69	-0.15	-0.6	-0.29	-0.69	-0.41	-0.66	-0.53	-0.34	-0.3		0.25	-0.67	-0.22	-0.38	0.76	-0.48	0.06	-0.15
Selling And Marketing Expenses	0.56	-0.35	0.57	-0.5	0.65	-0.37	-0.12	0.56	0.15	-0.61	-0.08	0.33	0.05	-0.22	-0.06	0.57	0.25		-0.27	0.21	-0.64	0.33	-0.02	0.44	0.4
Net Income From Continuing Ops	-0.48	-0.17	0.27	0.57	0.22	0.46	0.81	0.35	0.59	0.53	0.83	0.62	0.87	0.46	0.37	0.32	-0.67	-0.27		0.5	0.18	-0.39	0.34	-0.17	0.19
Non Recurring	-0.39	-0.73	0.45	0.36	0.45	0.08	0.32	0.69	0.26	0.43	0.37	0.49	0.43	0.17	-0.01	0.47	-0.22	0.21	0.5		-0.52	0.14	0.51	0.1	0.34
Tax Provision	0.05	0.73	-0.14	0.46	-0.24	0.69	0.42	-0.48	0.32	-0.02	0.35	-0.45	0.17	0.57	0.48	-0.18	-0.38	-0.64	0.18	-0.52		-0.51	-0.29	-0.39	-0.41
Interest Income	0.01	-0.2	0.02	-0.32	0.07	-0.41	-0.46	0.23	-0.42	-0.07	-0.45	0.0	-0.39	-0.41	-0.31	0.05	0.76	0.33	-0.39	0.14	-0.51		-0.02	0.04	0.44
Net Interest Income	-0.26	-0.8	0.3	0.17	0.32	-0.05	0.13	0.47	0.09	0.3	0.26	0.56	0.3	0.12	0.07	0.32	-0.48	-0.02	0.34	0.51	-0.29	-0.02		-0.16	0.58
Reconciled Depreciation	0.36	-0.22	0.26	-0.01	0.29	-0.25	-0.06	0.03	0.25	-0.27	-0.13	0.16	-0.06	-0.08	-0.2	0.15	0.06	0.44	-0.17	0.1	-0.39	0.04	-0.16		0.13
Extraordinary Items	-0.04	-0.64	0.37	-0.13	0.43	-0.31	0.08	0.47	0.13	0.11	0.13	0.71	0.25	-0.1	-0.17	0.42	-0.15	0.4	0.19	0.34	-0.41	0.44	0.58	0.13

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BP PLC Account Relationship Matchups

BP PLC income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	18.4B	15.3B	15.2B	14.7B	15.9B	9.8B
Interest Expense	3.5B	3.1B	2.9B	2.7B	3.4B	3.6B
Total Revenue	278.4B	105.9B	157.7B	241.4B	210.1B	189.4B
Gross Profit	27.6B	10.2B	22.9B	55.1B	46.6B	26.3B
Other Operating Expenses	262.8B	106.5B	147.2B	200.3B	180.2B	168.5B
Operating Income	19.5B	(346M)	15.1B	44.8B	30.0B	31.5B
Ebit	19.5B	(22.3B)	13.2B	14.8B	27.6B	29.0B
Research Development	364M	332M	266M	274M	298M	469.3M
Ebitda	37.9B	(7.0B)	28.4B	29.4B	43.5B	22.5B
Total Operating Expenses	12.0B	10.8B	12.4B	14.0B	16.6B	25.8B
Income Before Tax	8.2B	(24.9B)	15.2B	15.4B	23.7B	24.9B
Total Other Income Expense Net	(11.4B)	(24.3B)	(10.1B)	(26.0B)	(6.2B)	(5.9B)
Net Income	4.0B	(20.7B)	7.6B	(1.4B)	15.2B	16.0B
Income Tax Expense	4.0B	(4.2B)	6.7B	16.8B	7.9B	4.4B
Selling General Administrative	11.1B	10.4B	11.9B	13.4B	16.8B	13.6B
Cost Of Revenue	250.8B	95.8B	134.9B	186.3B	163.5B	229.9B
Net Income Applicable To Common Shares	4.0B	(20.3B)	7.6B	(2.5B)	(2.2B)	(2.1B)
Minority Interest	2.3B	14.3B	(922M)	(1.1B)	(934M)	(887.3M)
Selling And Marketing Expenses	11.1B	10.4B	11.9B	421M	378.9M	360.0M
Net Income From Continuing Ops	4.2B	(20.7B)	8.5B	(1.4B)	26.6B	27.9B
Tax Provision	4.0B	(4.2B)	6.7B	16.8B	12.9B	13.6B
Interest Income	1.3B	2.9B	581M	1.1B	971M	1.2B
Net Interest Income	(2.8B)	(2.5B)	(2.3B)	(1.5B)	(1.8B)	(1.9B)
Reconciled Depreciation	17.8B	14.9B	15.0B	14.7B	15.6B	12.5B

Pair Trading with BP PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BP PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BP PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with BP PLC Stock

0.86	E	Eni SpA ADR	Pair Corr
0.9	EC	Ecopetrol SA ADR Sell-off Trend	Pair Corr

Moving against BP PLC Stock

0.8	LB	LandBridge Company	Pair Corr
0.73	EE	Excelerate Energy	Pair Corr
0.72	TGS	Transportadora de Gas	Pair Corr
0.67	AE	Adams Resources Energy	Pair Corr
0.66	YPF	YPF Sociedad Anonima	Pair Corr

The ability to find closely correlated positions to BP PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BP PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BP PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BP PLC ADR to buy it.

The correlation of BP PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BP PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BP PLC ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for BP PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for BP PLC Stock Analysis

When running BP PLC's price analysis, check to measure BP PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BP PLC is operating at the current time. Most of BP PLC's value examination focuses on studying past and present price action to predict the probability of BP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP PLC's price. Additionally, you may evaluate how the addition of BP PLC to your portfolios can decrease your overall portfolio volatility.

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BP PLC Historical Income Statement

About BP PLC Income Statement Analysis

BP PLC Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

BP PLC income statement Correlations

BP PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BP PLC income statement Accounts

Pair Trading with BP PLC

Moving together with BP PLC Stock

Moving against BP PLC Stock

Additional Tools for BP PLC Stock Analysis

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Other Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.98	Other Operating Expenses
Cost Of Revenue	+ 0.97	Total Revenue
Net Income	+ 0.96	Income Before Tax
Income Before Tax	+ 0.95	Ebit
Net Income	+ 0.91	Ebit

Total Operating Expenses	- 0.9	Depreciation And Amortization
Net Interest Income	- 0.8	Interest Expense
Non Recurring	- 0.73	Interest Expense
Minority Interest	- 0.69	Income Before Tax
Minority Interest	- 0.69	Ebit
Net Income From Continuing Ops	- 0.67	Minority Interest