Bp annual debt-to-equity ratio
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Bp Debt-to-Equity Ratio Growth & History (BP.)
Bp's debt-to-equity ratio was 1.37 for fiscal 2025.
View full Bp company overviewBp annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.37 | 0.16 | +13.21% |
| 2024 | 2024-12-31 | 1.21 | 0.31 | +34.56% |
| 2023 | 2023-12-31 | 0.90 | 0.08 | +9.25% |
| 2022 | 2022-12-31 | 0.82 | −0.10 | −11.17% |
| 2021 | 2021-12-31 | 0.92 | −0.23 | −19.57% |
| 2020 | 2020-12-31 | 1.15 | 0.36 | +46.11% |
| 2019 | 2019-12-31 | 0.79 | 0.03 | +3.95% |
| 2018 | 2019-01-01 | 0.76 | 0.12 | +17.92% |
| 2017 | 2017-12-31 | 0.64 | 0.03 | +4.93% |
| 2016 | 2016-12-31 | 0.61 | 0.07 | +13.22% |
| 2015 | 2015-12-31 | 0.54 | — | — |
Bp quarterly debt-to-equity ratio
Q4.16
Q4.17
Q2.18
As of Dec 31, 2018
Q4.18
Q2.19
Q4.19
Q2.20
Q4.20
Q2.21
Q4.21
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.24 | −0.02 | −1.71% |
| Q1 2026 | 2026-03-31 | 1.33 | — | — |
| Q4 2025 | 2025-12-31 | 1.37 | 0.16 | +13.21% |
| Q3 2025 | 2025-09-30 | 1.28 | — | — |
| Q2 2025 | 2025-06-30 | 1.27 | 0.29 | +29.16% |
| Q4 2024 | 2024-12-31 | 1.21 | 0.31 | +34.56% |
| Q2 2024 | 2024-06-30 | 0.98 | 0.12 | +13.56% |
| Q4 2023 | 2023-12-31 | 0.90 | 0.08 | +9.25% |
| Q2 2023 | 2023-06-30 | 0.86 | −0.05 | −5.65% |
| Q4 2022 | 2022-12-31 | 0.82 | −0.10 | −11.17% |
| Q2 2022 | 2022-06-30 | 0.91 | −0.06 | −6.54% |
| Q4 2021 | 2021-12-31 | 0.92 | −0.23 | −19.57% |
| Q2 2021 | 2021-06-30 | 0.98 | −0.26 | −21.03% |
| Q4 2020 | 2020-12-31 | 1.15 | 0.36 | +46.11% |
| Q2 2020 | 2020-06-30 | 1.24 | 0.47 | +61.37% |
| Q4 2019 | 2019-12-31 | 0.79 | — | — |
| Q2 2019 | 2019-06-30 | 0.77 | 0.17 | +28.32% |
| Q4 2018 | 2019-01-01 | 0.76 | 0.12 | +17.92% |
| As of Dec 31, 2018 | 2018-12-31 | 0.66 | 0.02 | +3.07% |
| Q2 2018 | 2018-06-30 | 0.60 | — | — |
| Q4 2017 | 2017-12-31 | 0.64 | 0.03 | +4.93% |
| Q4 2016 | 2016-12-31 | 0.61 | — | — |
Bp debt-to-equity ratio trends
Over the last five fiscal years, Bp's debt-to-equity ratio increased from 1.15 to 1.37, a change of 0.22. The latest reported quarter, Q2 2026, shows 1.24.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Bp source filings ↗Community posts
BP strengthens its balance sheet after quarterly underlying profit reaches $8.46 billion
BP ($BP) reported third-quarter 2026 underlying replacement-cost profit of $8.458 billion, compared with $2.210 billion a year earlier and $5.732 billion in the previous quarter. Higher refining margins and stronger trading supported earnin ...
BP reportedly reviews a possible sale of Brazilian biofuels business
BP is considering options for its Brazilian biofuels operations, including a possible sale, according to a Bloomberg report cited by Reuters. The account relies on people familiar with the matter, and Reuters said it could not immediately v ...
BP agrees to sell a 5% Browse gas-project interest to Osaka Gas
Osaka Gas agreed to buy a 5% interest in Australia’s Browse gas project from BP ($BP) through an entity jointly owned with JOGMEC. The price was not disclosed. The transaction requires regulatory and partner approvals. Browse remains in pre ...
