BP p.l.c (BP-A) — Capital Reinvestment Ratio
Latest as of December 2025:
0.46x
BP p.l.c (BP-A) has a Capital Reinvestment Ratio of 0.46x as of December 2025, meaning it reinvests 0% of its operating cash flow (GBX7.60 Billion) in capital expenditures (GBX3.46 Billion). See BP-A free cash flow generation 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
GBX7.60 Billion
GBX
Capital Expenditures
GBX3.46 Billion
GBX
Data as of
Dec 2025
Most recent filing
BP p.l.c Capital Reinvestment Ratio (1990–2025)
This chart tracks BP p.l.c's Capital Reinvestment Ratio across 48 annual periods.
Annual Capital Reinvestment Ratio for BP p.l.c (1990–2025)
Year-by-year Capital Reinvestment Ratio for BP p.l.c from 1990 to 2025. For live market cap and broader valuation context, see BP-A stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.54x | GBX24.49 Billion | GBX13.22 Billion | ▼ -3.7% |
| 2024 | 0.56x | GBX27.30 Billion | GBX15.30 Billion | ▲ +25.7% |
| 2023 | 0.45x | GBX32.04 Billion | GBX14.29 Billion | ▲ +17.6% |
| 2023 | 0.38x | GBX36.23 Billion | GBX13.73 Billion | ▲ +1.3% |
| 2023 | 0.37x | GBX35.77 Billion | GBX13.38 Billion | ▲ +19.8% |
| 2023 | 0.31x | GBX40.34 Billion | GBX12.60 Billion | ▲ +5.9% |
| 2022 | 0.29x | GBX40.93 Billion | GBX12.07 Billion | ▼ -11.4% |
| 2022 | 0.33x | GBX33.48 Billion | GBX11.14 Billion | ▼ -2.9% |
| 2022 | 0.34x | GBX31.16 Billion | GBX10.69 Billion | ▼ -15.7% |
| 2022 | 0.41x | GBX25.71 Billion | GBX10.46 Billion | ▼ -11.8% |
| 2021 | 0.46x | GBX23.61 Billion | GBX10.89 Billion | ▼ -17.4% |
| 2021 | 0.56x | GBX19.77 Billion | GBX11.04 Billion | ▼ -3.3% |
| 2021 | 0.58x | GBX18.99 Billion | GBX10.97 Billion | ▼ -13.4% |
| 2021 | 0.67x | GBX17.32 Billion | GBX11.55 Billion | ▼ -34.1% |
| 2020 | 1.01x | GBX12.16 Billion | GBX12.31 Billion | ▲ +32.9% |
| 2020 | 0.76x | GBX17.50 Billion | GBX13.32 Billion | ▼ -5.0% |
| 2020 | 0.80x | GBX18.35 Billion | GBX14.70 Billion | ▲ +10.6% |
| 2020 | 0.72x | GBX21.43 Billion | GBX15.51 Billion | ▲ +21.0% |
| 2019 | 0.60x | GBX25.77 Billion | GBX15.42 Billion | ▼ -18.1% |
| 2018 | 0.73x | GBX22.87 Billion | GBX16.71 Billion | ▼ -16.5% |
| 2017 | 0.87x | GBX18.93 Billion | GBX16.56 Billion | ▼ -44.0% |
| 2016 | 1.56x | GBX10.69 Billion | GBX16.70 Billion | ▲ +60.3% |
| 2015 | 0.97x | GBX19.13 Billion | GBX18.65 Billion | ▲ +41.6% |
| 2014 | 0.69x | GBX32.75 Billion | GBX22.55 Billion | ▼ -40.8% |
| 2013 | 1.16x | GBX21.10 Billion | GBX24.52 Billion | ▲ +2.7% |
| 2012 | 1.13x | GBX20.40 Billion | GBX23.08 Billion | ▲ +40.5% |
| 2011 | 0.81x | GBX22.15 Billion | GBX17.84 Billion | ▼ -40.5% |
| 2010 | 1.35x | GBX13.62 Billion | GBX18.42 Billion | ▲ +81.6% |
| 2009 | 0.75x | GBX27.72 Billion | GBX20.65 Billion | ▲ +24.7% |
| 2008 | 0.60x | GBX37.91 Billion | GBX22.66 Billion | ▼ -18.4% |
| 2007 | 0.73x | GBX24.34 Billion | GBX17.83 Billion | ▲ +36.6% |
| 2006 | 0.54x | GBX28.22 Billion | GBX15.12 Billion | ▲ +14.5% |
| 2005 | 0.47x | GBX26.23 Billion | GBX12.28 Billion | ▼ -13.7% |
| 2004 | 0.54x | GBX24.03 Billion | GBX13.04 Billion | ▼ -26.7% |
| 2003 | 0.74x | GBX16.73 Billion | GBX12.38 Billion | ▲ +56.3% |
| 2002 | 0.47x | GBX15.90 Billion | GBX7.53 Billion | ▼ -1.7% |
| 2001 | 0.48x | GBX17.43 Billion | GBX8.39 Billion | ▼ -31.2% |
| 2000 | 0.70x | GBX14.60 Billion | GBX10.22 Billion | ▲ +1.3% |
| 1999 | 0.69x | GBX9.35 Billion | GBX6.46 Billion | ▼ -36.6% |
| 1998 | 1.09x | GBX8.02 Billion | GBX8.74 Billion | ▲ +27.1% |
| 1997 | 0.86x | GBX10.37 Billion | GBX8.89 Billion | ▼ -18.7% |
| 1996 | 1.05x | GBX2.95 Billion | GBX3.11 Billion | ▲ +54.3% |
| 1995 | 0.68x | GBX3.87 Billion | GBX2.65 Billion | ▼ -19.5% |
| 1994 | 0.85x | GBX2.83 Billion | GBX2.40 Billion | ▼ -17.0% |
| 1993 | 1.02x | GBX2.74 Billion | GBX2.80 Billion | ▼ -46.8% |
| 1992 | 1.92x | GBX1.80 Billion | GBX3.47 Billion | ▲ +7.9% |
| 1991 | 1.78x | GBX2.13 Billion | GBX3.79 Billion | ▲ +46.7% |
| 1990 | 1.22x | GBX2.96 Billion | GBX3.60 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow