Projected Income Statement: BP PLC

Forecast Balance Sheet: BP PLC

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 38,826 21,422 20,912 22,997 22,182 17,355 12,361 11,512
Change - -44.83% -2.38% 9.97% -3.54% -21.76% -28.78% -6.87%
Announcement Date 2/8/22 2/7/23 2/6/24 2/11/25 2/10/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: BP PLC

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 10,887 16,330 14,285 15,297 14,533 13,454 13,818 14,139
Change - 50% -12.52% 7.08% -4.99% -7.43% 2.71% 2.32%
Free Cash Flow (FCF) 1 12,725 24,602 17,754 12,000 9,960 15,327 13,566 13,271
Change - 93.34% -27.84% -32.41% -17% 53.88% -11.49% -2.18%
Announcement Date 2/8/22 2/7/23 2/6/24 2/11/25 2/10/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: BP PLC

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 23.55% 25.01% 20.45% 19.69% 19.69% 19.71% 19.87% 18.95%
EBIT Margin (%) 14.16% 19.07% 12.87% 10.9% 10.27% 12.41% 11.37% 10.45%
EBT Margin (%) 9.65% 6.38% 11.3% 3.58% 4.09% 11.66% 9.28% 8.66%
Net margin (%) 4.8% -1.03% 7.25% 0.2% 0.03% 6.21% 5.35% 4.93%
FCF margin (%) 8.07% 10.19% 8.45% 6.34% 5.26% 6.63% 6.79% 6.6%
FCF / Net Income (%) 168.21% -989.22% 116.5% 3,149.61% 18,109.09% 106.77% 126.85% 134%

Profitability

        
ROA 2.73% 9.61% 4.87% 3.17% 2.67% 4.54% 3.86% 3.3%
ROE 10.31% 38.67% 20.08% 13.77% 13.33% 21.74% 15.32% 14.91%

Financial Health

        
Leverage (Debt/EBITDA) 1.05x 0.35x 0.49x 0.62x 0.6x 0.38x 0.31x 0.3x
Debt / Free cash flow 3.05x 0.87x 1.18x 1.92x 2.23x 1.13x 0.91x 0.87x

Capital Intensity

        
CAPEX / Current Assets (%) 6.9% 6.76% 6.8% 8.09% 7.68% 5.82% 6.91% 7.04%
CAPEX / EBITDA (%) 29.31% 27.05% 33.25% 41.07% 38.99% 29.53% 34.8% 37.14%
CAPEX / FCF (%) 85.56% 66.38% 80.46% 127.48% 145.91% 87.78% 101.86% 106.54%

Items per share

        
Cash flow per share 1 1.165 2.156 1.805 1.623 1.539 2.103 1.861 1.85
Change - 84.98% -16.27% -10.07% -5.18% 36.64% -11.52% -0.6%
Dividend per Share 1 0.2163 0.2408 0.2842 0.3127 0.3296 0.3422 0.3571 0.3711
Change - 11.34% 18.01% 10.03% 5.4% 3.82% 4.36% 3.92%
Book Value Per Share 1 3.725 3.558 4.177 3.738 3.45 4.017 4.267 4.538
Change - -4.48% 17.41% -10.52% -7.7% 16.45% 6.2% 6.37%
EPS 1 0.3733 -0.131 0.8585 0.0232 0.0034 0.9089 0.7174 0.699
Change - -135.09% 755.34% -97.3% -85.34% 26,632.35% -21.07% -2.57%
Nbr of stocks (in thousands) 19,593,397 18,157,212 16,930,452 15,828,940 15,297,154 15,449,947 15,449,947 15,449,947
Announcement Date 2/8/22 2/7/23 2/6/24 2/11/25 2/10/26 - - -
1USD
Estimates
2026 *2027 *
P/E ratio 8.34x 10.6x
PBR 1.89x 1.78x
EV / Sales 0.58x 0.65x
Yield 4.51% 4.71%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
7.579USD
Average target price
8.390USD
Spread / Average Target
+10.70%

Quarterly revenue - Rate of surprise