
BP PLC
LSE:BP

Gross Margin
BP PLC
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
UK |
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BP PLC
LSE:BP
|
70.2B GBP |
25%
|
|
SA |
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Saudi Arabian Oil Co
SAU:2222
|
6.7T SAR |
54%
|
|
US |
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Exxon Mobil Corp
NYSE:XOM
|
502.8B USD |
30%
|
|
US |
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Chevron Corp
NYSE:CVX
|
291.4B USD |
38%
|
|
NL |
R
|
Royal Dutch Shell PLC
OTC:RYDAF
|
224.5B USD |
26%
|
|
UK |
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Shell PLC
LSE:SHEL
|
172.5B GBP |
26%
|
|
CN |
![]() |
PetroChina Co Ltd
SSE:601857
|
1.5T CNY |
14%
|
|
FR |
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TotalEnergies SE
PAR:TTE
|
131.3B EUR |
35%
|
|
CN |
![]() |
China Petroleum & Chemical Corp
SSE:600028
|
707.1B CNY |
7%
|
|
BR |
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Petroleo Brasileiro SA Petrobras
BOVESPA:PETR4
|
474.3B BRL |
47%
|
|
NO |
![]() |
Equinor ASA
OSE:EQNR
|
798.8B NOK |
51%
|
BP PLC
Glance View
BP PLC, once known predominantly for its petroleum prowess, has evolved into a multifaceted energy conglomerate. Rooted in its origins as the Anglo-Persian Oil Company over a century ago, BP today stands at the intersection of traditional oil exploration and production, and the burgeoning world of renewable energy. With sprawling operations in oil and gas, the company drills into the heart of the earth to harness crude oil, transforming it into gasoline and diesel that power vehicles globally. The upstream segment, responsible for extraction and production, generates substantial revenues, which are then bolstered by the downstream operations, refining crude into high-demand products and distributing them through a vast network of service stations worldwide. Not stopping at hydrocarbons, BP has been steering its colossal ship towards a more sustainable future, investing heavily in renewables. The company's ventures into wind and solar energy, alongside biofuels and electric vehicle charging infrastructure, demonstrate its commitment to the energy transition. While oil and gas remain significant pillars of BP's financial engine, these green initiatives represent a strategic pivot designed to balance the scales of profit and planetary stewardship. This ongoing transformation reflects BP's response to global environmental challenges, positioning it to not only meet the energy demands of today but to shape the cleaner energy landscape of tomorrow.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on BP PLC's most recent financial statements, the company has Gross Margin of 24.8%.