BP p.l.c Capital Reinvestment Ratio
BP p.l.c capital reinvestment ratio. BP p.l.c (BP-B) 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-B free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of BP p.l.c (1990–2025)
Capital reinvestment ratio of BP p.l.c from 1990 to 2025. This chart tracks BP p.l.c's Capital Reinvestment Ratio across 48 annual periods. See BP-B free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
BP p.l.c Capital Reinvestment Ratio by Year (1990–2025)
BP p.l.c capital reinvestment ratio by year from 1990 to 2025. For the full cash flow conversion analysis, see BP p.l.c (BP-B) cash conversion ratio.
| 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 | — |