BP PLC Gross Profit from 2010 to 2024

BP Stock  USD 37.79  0.30  0.80%   
BP PLC Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 26.3 B. Gross Profit is the profit BP PLC ADR makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
12.6 B
Current Value
10.3 B
Quarterly Volatility
17 B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BP PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BP PLC main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.8 B, Interest Expense of 3.6 B or Total Revenue of 189.4 B, as well as many exotic indicators such as Short Term Coverage Ratios of 5.67, Price Earnings Ratio of 6.53 or Price To Sales Ratio of 0.47. BP PLC financial statements analysis is a perfect complement when working with BP PLC Valuation or Volatility modules.
  
This module can also supplement BP PLC's financial leverage analysis and stock options assessment as well as various BP PLC Technical models . Check out the analysis of BP PLC Correlation against competitors.

Latest BP PLC's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of BP PLC ADR over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. BP PLC's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BP PLC's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 70.17 B10 Years Trend
Very volatile
   Gross Profit   
       Timeline  

BP PLC Gross Profit Regression Statistics

Arithmetic Mean28,176,055,467
Geometric Mean23,388,564,818
Coefficient Of Variation52.51
Mean Deviation10,998,755,627
Median27,583,000,000
Standard Deviation14,796,562,209
Sample Variance218938253.2T
Range50.3B
R-Value0.01
Mean Square Error235756657.5T
R-Squared0.000098
Significance0.97
Slope32,677,943
Total Sum of Squares3065135545T

BP PLC Gross Profit History

202426.3 B
202346.6 B
202255.1 B
202122.9 B
202010.2 B
201927.6 B
201828.9 B

Other Fundumenentals of BP PLC ADR

BP PLC Gross Profit component correlations

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0.310.25-0.070.250.14-0.040.020.330.290.39-0.01-0.490.150.240.40.320.210.130.33-0.54-0.25-0.38-0.07-0.34-0.190.030.270.43-0.410.43-0.43
0.820.250.360.970.61-0.750.440.120.670.660.60.310.88-0.270.490.450.390.190.84-0.19-0.850.32-0.330.120.26-0.24-0.34-0.330.43-0.250.36
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0.730.250.970.280.47-0.680.310.030.560.540.510.260.88-0.170.460.330.330.130.87-0.27-0.890.35-0.410.110.29-0.29-0.36-0.350.51-0.180.36
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0.320.330.120.460.030.21-0.43-0.170.380.150.24-0.7-0.02-0.050.360.090.6-0.010.21-0.430.22-0.310.01-0.44-0.360.30.12-0.120.05-0.290.27
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0.66-0.010.60.860.510.36-0.680.120.240.620.430.230.34-0.040.480.510.670.440.610.27-0.27-0.010.15-0.1-0.20.490.01-0.310.25-0.190.23
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0.720.320.450.420.330.62-0.250.30.090.740.840.510.230.080.080.430.450.830.290.34-0.16-0.240.49-0.07-0.10.280.30.35-0.340.32-0.18
0.70.210.390.90.330.41-0.72-0.20.60.770.410.67-0.150.030.110.790.450.440.620.090.02-0.550.2-0.66-0.640.640.420.01-0.02-0.010.12
0.490.130.190.420.130.38-0.030.05-0.010.540.550.440.17-0.20.260.380.830.440.210.550.1-0.380.58-0.17-0.310.490.440.35-0.450.29-0.34
0.740.330.840.520.870.46-0.730.080.210.630.450.610.060.690.00.680.290.620.21-0.17-0.64-0.05-0.28-0.31-0.170.090.01-0.250.29-0.210.12
0.08-0.54-0.190.3-0.270.250.10.1-0.430.190.140.270.62-0.330.060.080.340.090.55-0.170.33-0.260.56-0.06-0.310.410.390.2-0.370.02-0.31
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-0.17-0.380.32-0.350.35-0.15-0.010.36-0.31-0.36-0.15-0.010.330.53-0.42-0.6-0.24-0.55-0.38-0.05-0.26-0.51-0.430.870.9-0.64-0.88-0.650.75-0.370.62
0.08-0.07-0.330.33-0.410.220.310.110.010.240.280.15-0.03-0.580.020.110.490.20.58-0.280.560.63-0.43-0.06-0.480.570.710.54-0.540.38-0.41
-0.23-0.340.12-0.40.11-0.150.250.52-0.44-0.36-0.05-0.10.380.27-0.49-0.65-0.07-0.66-0.17-0.31-0.06-0.30.87-0.060.82-0.55-0.66-0.310.45-0.10.39
-0.16-0.190.26-0.550.29-0.160.120.31-0.36-0.34-0.04-0.20.320.45-0.25-0.59-0.1-0.64-0.31-0.17-0.31-0.550.9-0.480.82-0.78-0.87-0.390.55-0.150.5
0.090.03-0.240.71-0.29-0.07-0.09-0.420.30.22-0.060.49-0.22-0.550.370.290.280.640.490.090.410.57-0.640.57-0.55-0.780.650.13-0.370.22-0.31
0.120.27-0.340.32-0.360.20.18-0.160.120.310.190.01-0.25-0.540.270.480.30.420.440.010.390.57-0.880.71-0.66-0.870.650.7-0.760.41-0.71
0.040.43-0.33-0.15-0.350.110.430.06-0.120.180.31-0.31-0.11-0.460.170.280.350.010.35-0.250.20.32-0.650.54-0.31-0.390.130.7-0.780.64-0.66
0.05-0.410.430.120.51-0.15-0.450.030.05-0.1-0.20.250.150.55-0.34-0.18-0.34-0.02-0.450.29-0.37-0.490.75-0.540.450.55-0.37-0.76-0.78-0.480.89
-0.050.43-0.25-0.12-0.18-0.190.34-0.25-0.290.020.16-0.19-0.03-0.440.470.110.32-0.010.29-0.210.020.13-0.370.38-0.1-0.150.220.410.64-0.48-0.44
0.16-0.430.360.220.36-0.03-0.520.050.270.06-0.060.230.130.38-0.41-0.12-0.180.12-0.340.12-0.31-0.320.62-0.410.390.5-0.31-0.71-0.660.89-0.44
Click cells to compare fundamentals

About BP PLC Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include BP PLC income statement, its balance sheet, and the statement of cash flows. BP PLC investors use historical funamental indicators, such as BP PLC's Gross Profit, to determine how well the company is positioned to perform in the future. Although BP PLC investors may use each financial statement separately, they are all related. The changes in BP PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BP PLC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on BP PLC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in BP PLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Gross Profit46.6 B26.3 B
Gross Profit Margin 0.22  0.14 

BP PLC Investors Sentiment

The influence of BP PLC's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BP PLC. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to BP PLC's public news can be used to forecast risks associated with an investment in BP PLC. The trend in average sentiment can be used to explain how an investor holding BP PLC can time the market purely based on public headlines and social activities around BP PLC ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
BP PLC's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BP PLC's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average BP PLC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on BP PLC.

BP PLC Implied Volatility

    
  33.04  
BP PLC's implied volatility exposes the market's sentiment of BP PLC ADR stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if BP PLC's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that BP PLC stock will not fluctuate a lot when BP PLC's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BP PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BP PLC's short interest history, or implied volatility extrapolated from BP PLC options trading.

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

  0.78SU Suncor Energy Financial Report 13th of May 2024 PairCorr

Moving against BP PLC Stock

  0.62TGS Transportadora De Gas Financial Report 13th of May 2024 PairCorr
  0.55EC Ecopetrol SA ADR Report 3rd of April 2024 PairCorr
  0.41EQNR Equinor ASA ADR Financial Report 2nd of May 2024 PairCorr
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 equities. 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 CorrelationCorrelation Matching
When determining whether BP PLC ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BP PLC Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bp Plc Adr Stock. Highlighted below are key reports to facilitate an investment decision about Bp Plc Adr Stock:
Check out the analysis of BP PLC Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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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Is BP PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BP PLC. If investors know BP PLC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BP PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.96)
Dividend Share
0.284
Earnings Share
5.15
Revenue Per Share
18.003
Quarterly Revenue Growth
(0.25)
The market value of BP PLC ADR is measured differently than its book value, which is the value of BP PLC that is recorded on the company's balance sheet. Investors also form their own opinion of BP PLC's value that differs from its market value or its book value, called intrinsic value, which is BP PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BP PLC's market value can be influenced by many factors that don't directly affect BP PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BP PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if BP PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BP PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.