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BP (BP) Net Margin %

: 0.71% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. BP's Net Income for the three months ended in Dec. 2023 was $371 Mil. BP's Revenue for the three months ended in Dec. 2023 was $52,141 Mil. Therefore, BP's net margin for the quarter that ended in Dec. 2023 was 0.71%.

The historical rank and industry rank for BP's Net Margin % or its related term are showing as below:

BP' s Net Margin % Range Over the Past 10 Years
Min: -19.17   Med: 1.24   Max: 7.34
Current: 7.34


BP's Net Margin % is ranked better than
58.77% of 975 companies
in the Oil & Gas industry
Industry Median: 4.23 vs BP: 7.34

BP Net Margin % Historical Data

The historical data trend for BP's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.53 -19.17 4.80 -1.03 7.25

BP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.60 14.63 3.69 9.12 0.71

Competitive Comparison

For the Oil & Gas Integrated subindustry, BP's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BP Net Margin % Distribution

For the Oil & Gas industry and Energy sector, BP's Net Margin % distribution charts can be found below:

* The bar in red indicates where BP's Net Margin % falls into.



BP Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

BP's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=15239/210130
=7.25 %

BP's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=371/52141
=0.71 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BP  (NYSE:BP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


BP Net Margin % Related Terms

Thank you for viewing the detailed overview of BP's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


BP (BP) Business Description

Address
1 St James's Square, London, GBR, SW1Y 4PD
BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.1 million barrels of liquids and 6.9 billion cubic feet of natural gas per day. At the end of 2022, reserves stood at 7.2 billion barrels of oil equivalent, 56% of which are liquids. The company operates refineries with a capacity of 1.6 million barrels of oil per day. BP also holds a 20% ownership interest in Rosneft, which it plans to exit.
Executives
Karen Richardson Non-Executive Director