BP Gross Profit 2010-2023 | BP

BP annual/quarterly gross profit history and growth rate from 2010 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • BP gross profit for the quarter ending June 30, 2023 was $13.672B, a 38.25% decline year-over-year.
  • BP gross profit for the twelve months ending June 30, 2023 was $72.886B, a 23.6% increase year-over-year.
  • BP annual gross profit for 2022 was $76.913B, a 74.32% increase from 2021.
  • BP annual gross profit for 2021 was $44.121B, a 56.42% increase from 2020.
  • BP annual gross profit for 2020 was $28.207B, a 43.11% decline from 2019.
BP Annual Gross Profit
(Millions of US $)
2022 $76,913
2021 $44,121
2020 $28,207
2019 $49,582
2018 $49,319
2017 $38,862
2016 $24,627
2015 $23,116
2014 $46,438
2013 $63,292
2012 $53,216
2011 $68,640
2010 $22,858
2009 $55,412
BP Quarterly Gross Profit
(Millions of US $)
2023-06-30 $13,672
2023-03-31 $20,373
2022-12-31 $28,857
2022-09-30 $9,984
2022-06-30 $22,140
2022-03-31 $15,932
2021-12-31 $13,346
2021-09-30 $7,550
2021-06-30 $9,500
2021-03-31 $13,725
2020-12-31 $9,426
2020-09-30 $7,344
2020-06-30 $7,077
2020-03-31 $4,360
2019-12-31 $12,505
2019-09-30 $11,420
2019-06-30 $12,302
2019-03-31 $13,355
2018-12-31 $11,507
2018-09-30 $13,550
2018-06-30 $12,437
2018-03-31 $11,825
2017-12-31 $10,007
2017-09-30 $10,464
2017-06-30 $8,703
2017-03-31 $9,688
2016-12-31 $7,444
2016-09-30 $7,333
2016-06-30 $3,820
2016-03-31 $6,030
2015-12-31 $5,629
2015-09-30 $8,171
2015-06-30 $-306
2015-03-31 $9,622
2014-12-31 $7,271
2014-09-30 $11,969
2014-06-30 $13,495
2014-03-31 $13,703
2013-12-31 $11,388
2013-09-30 $13,435
2013-06-30 $11,779
2013-03-31 $26,690
2012-12-31 $11,437
2012-09-30 $16,024
2012-06-30 $9,706
2012-03-31 $16,049
2011-12-31 $18,852
2011-09-30 $14,077
2011-06-30 $17,109
2011-03-31 $18,382
2010-12-31 $16,603
2010-09-30 $8,377
2010-06-30 $-17,882
2010-03-31 $15,760
2009-12-31 $16,311
2009-09-30 $14,477
2009-06-30 $13,884
2009-03-31 $10,740
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - International Integrated $110.974B $248.891B
BP has come a long way since the Gulf of Mexico oil spill incident in 2010, which followed the explosion on the British energy giant's Deepwater Horizon rig. To combat its huge litigation expenses that stemmed from the disaster, the company embarked on a massive asset divestment program and relied significantly on debt capital. BP successfully settled all litigation with the relatively insignificant cash outlays remaining. BP has been banking on its strong portfolio of upstream projects. BP is also on track to capitalize on the global economy's transition to lower carbon fuels. The company has been investing in renewable energy business with a plan to ramp up capital spending for non-oil and gas business. In fact, BP has plans of becoming carbon-neutral by 2050. Its reportable segments now are: Oil Production & Operations, Gas & Low Carbon Energy, Customers & Products and Rosneft.It entered a non-binding MOU with?Eni to combine their upstream portfolios into a joint venture in Angola.
Stock Name Country Market Cap PE Ratio
Exxon (XOM) United States $466.012B 9.22
Chevron (CVX) United States $313.324B 10.31
Shell (SHEL) United Kingdom $215.224B 6.64
Eni SpA (E) Italy $56.983B 4.73
Woodside Petroleum (WDS) Australia $22.641B 0.00
Repsol SA (REPYY) Spain $20.758B 3.43
Sasol (SSL) South Africa $8.003B 0.00
New Fortress Energy LLC (NFE) United States $6.251B 11.05
YPF Sociedad Anonima (YPF) Argentina $4.802B 2.61
Braskem S.A (BAK) Brazil $3.677B 0.00
Vista Oil & Gas, S.A.B De C.V (VIST) Mexico $2.558B 7.65