BP PLC Capital Reinvestment Ratio

Latest as of December 2025: 0.46x

BP PLC capital reinvestment ratio. BP PLC (BPE) has a Capital Reinvestment Ratio of 0.46x as of December 2025, meaning it reinvests 0% of its operating cash flow (€7.60 Billion) in capital expenditures (€3.46 Billion). See how much free cash does BP PLC generate to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

0.46x
Capex / Operating Cash Flow

Operating Cash Flow

€7.60 Billion
EUR

Capital Expenditures

€3.46 Billion
EUR

Data as of

Dec 2025
Most recent filing

Capital Reinvestment Ratio of BP PLC (2022–2025)

Capital reinvestment ratio of BP PLC from 2022 to 2025. This chart tracks BP PLC's Capital Reinvestment Ratio across 4 annual periods. See BP PLC (BPE) flexibility index to measure the company's free cash flow as a share of total liabilities.

BP PLC Capital Reinvestment Ratio by Year (2022–2025)

BP PLC capital reinvestment ratio by year from 2022 to 2025. For the full cash flow conversion analysis, see BP PLC cash conversion from operations.

Year Reinvestment Ratio Operating CF (EUR) Capital Expenditures YoY Change
2025 0.54x €24.49 Billion €13.22 Billion ▼ -3.7%
2024 0.56x €27.30 Billion €15.30 Billion ▲ +25.7%
2023 0.45x €32.04 Billion €14.29 Billion ▲ +51.2%
2022 0.29x €40.93 Billion €12.07 Billion —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow