BP p.l.c. (BP) Balance Sheet: Assets & Liabilities

BP p.l.c. (BP) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), BP p.l.c. reported total assets of $278.53B and total liabilities of $204.53B. Shareholders' equity was $74.00B, up 24.9% from $59.25B a year earlier. Total debt stood at $57.96B against $36.65B in cash and short-term investments, a net debt position of $21.30B. That puts debt-to-equity at 0.78, compared with 1.21 a year earlier.

BP p.l.c. Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for BP p.l.c. (BP) - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	36.56	34.36	27.75	23.33	30.68	29.19	20.80	22.47	25.59
Short-Term Investments	0.10	0.17	0.84	0.58	0.04	0.33	0.17	0.22	0.13
Cash & Short-Term Investments	36.65	34.53	28.59	23.91	30.72	29.53	20.97	22.69	25.71
Accounts Receivable	26.01	26.19	25.18	28.23	27.14	17.85	23.94	20.06	19.48
Inventory	22.50	23.23	22.82	28.08	23.71	16.87	20.88	17.99	19.01
Other Current Assets	16.56	18.89	16.33	22.41	10.78	8.73	16.27	10.58	10.77
Total Current Assets	101.79	102.83	104.15	107.69	92.59	72.98	82.06	71.31	74.97
Non-Current Assets
Property, Plant & Equipment (Net)	98.63	104.68	109.05	110.26	112.90	118.95	146.73	135.26	129.47
Long-Term Investments	21.58	0.00	20.25	20.60	33.53	0.00	0.00	27.44	26.11
Goodwill	10.30	14.89	12.47	11.96	12.37	12.48	11.87	12.20	11.55
Intangible Assets	8.20	5.21	5.66	5.99	6.45	1.98	1.45	17.28	18.36
Other Non-Current Assets	38.03	49.22	26.53	48.32	29.43	53.52	48.53	14.97	11.60
Total Non-Current Assets	176.74	179.39	176.15	180.43	194.68	194.67	213.14	210.87	201.55
Total Assets	278.53	282.23	280.29	288.12	287.27	267.65	295.19	282.18	276.52
Current Liabilities
Accounts Payable	56.84	38.64	42.41	47.21	52.61	23.16	30.54	26.25	26.98
Short-Term Debt	3.36	7.13	3.28	3.20	3.37	11.29	12.55	9.37	7.74
Current Portion of Long-Term Debt	3.36	4.47	3.28	3.20	5.56	-	-	-	-
Accrued Liabilities	5.57	6.07	6.53	6.40	5.64	-	-	-	-
Deferred Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.37	-15.54
Other Current Liabilities	11.98	32.78	12.46	40.08	14.73	22.21	26.08	26.14	26.63
Total Current Liabilities	80.58	82.24	86.08	99.02	80.29	59.80	73.60	68.24	64.73
Non-Current Liabilities
Long-Term Debt	54.60	64.41	48.67	43.75	55.62	70.63	64.89	56.43	55.80
Deferred Tax Liabilities	7.64	8.43	9.62	10.53	8.78	6.83	9.75	9.81	7.98
Other Non-Current Liabilities	57.60	48.83	51.58	45.39	54.06	44.82	46.25	46.15	47.91
Total Non-Current Liabilities	123.95	121.67	108.72	106.11	116.55	122.29	120.89	112.39	111.39
Total Liabilities	204.53	203.91	194.80	205.13	196.83	182.09	194.49	180.63	176.11
Stockholders' Equity
Common Stock	53.05	4.17	4.48	4.77	5.19	5.36	5.38	5.38	5.32
Retained Earnings	0.00	22.53	35.34	34.73	51.82	47.30	73.71	78.75	75.23
Accumulated Other Comprehensive Income	0.00	0.00	0.75	0.00	-8.89	0.00	0.00	0.00	0.00
Treasury Stock	8.67	9.03	11.32	12.15	-	-	-	-	-
Additional Paid-in Capital	53.05	32.53	16.31	15.87	18.43	18.57	19.30	15.29	17.92
Minority Interest	20.95	19.07	15.21	15.44	14.98	14.32	2.30	2.10	1.91
Shares Outstanding	15.38	15.85	16.82	18.16	-	-	-	-	-
Total Stockholders' Equity	74.00	59.25	70.28	67.55	90.44	71.25	98.41	99.44	98.49
Total Liabilities & Equity	278.53	282.23	280.29	288.12	287.27	267.65	295.19	282.18	276.52

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About BP p.l.c. Balance Sheet

How much debt does BP p.l.c. have?

BP p.l.c. had total debt of $57.96B as of Dec 31, 2025, against $36.65B in cash and short-term investments. Its debt-to-equity ratio was 0.78. Total debt was $71.55B a year earlier.

What are BP p.l.c.'s total assets?

BP p.l.c. reported total assets of $278.53B as of Dec 31, 2025, down 1.3% from $282.23B a year earlier. Total liabilities were $204.53B.

What is BP p.l.c.'s shareholders' equity?

BP p.l.c.'s shareholders' equity was $74.00B as of Dec 31, 2025, or about $4.81 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition