BPBP p.l.c.

$42.51

Is it safe?

Can BP take a bad year?

BP p.l.c. carries $25.0B of net debt at 0.74× EBITDA: a load its earnings can carry.

$25.0B

Net debt · as at Q2 2025 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.74×

Net debt / EBITDA · 0.68× a year ago · the load is going up

Interest cover
3.42×

Interest cover · operating profit covers the interest bill, with room to spare

Annualised volatility
29%

Annualised volatility · about as steady as the market itself

Details
Total debtQ2 2025
$60.3B
Cash and short-term investments
$35.3B
Net debt
$25.0B
EBITDA, trailing twelve months
$33.6B
Operating profit, trailing twelve months
$16.6B
Debt / equity
1.02×
Total debt / EBITDA
1.79×
Annualised volatilitytwo years of daily moves
29%
Worst drawdown on file
−64%
Below its 52-week high
−9.7%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.