BP Income Taxes 2010-2024 | BP
BP annual/quarterly income taxes history and growth rate from 2010 to 2024. Income taxes can be defined as the total amount of income tax expense for the given period.
- BP income taxes for the quarter ending September 30, 2024 were $1.028B, a 54.11% decline year-over-year.
- BP income taxes for the twelve months ending September 30, 2024 were $5.099B, a 60.62% decline year-over-year.
- BP annual income taxes for 2023 were $7.869B, a 53.05% decline from 2022.
- BP annual income taxes for 2022 were $16.762B, a 148.69% increase from 2021.
- BP annual income taxes for 2021 were $6.74B, a 262.06% decline from 2020.
BP Annual Income Taxes
(Millions of US $) |
| 2023 |
$7,869 |
| 2022 |
$16,762 |
| 2021 |
$6,740 |
| 2020 |
$-4,159 |
| 2019 |
$3,964 |
| 2018 |
$7,145 |
| 2017 |
$3,712 |
| 2016 |
$-2,467 |
| 2015 |
$-3,171 |
| 2014 |
$947 |
| 2013 |
$6,463 |
| 2012 |
$6,880 |
| 2011 |
$12,619 |
| 2010 |
$-1,501 |
| 2009 |
$8,365 |
BP Quarterly Income Taxes
(Millions of US $) |
| 2024-09-30 |
$1,028 |
| 2024-06-30 |
$1,184 |
| 2024-03-31 |
$2,224 |
| 2023-12-31 |
$663 |
| 2023-09-30 |
$2,240 |
| 2023-06-30 |
$1,541 |
| 2023-03-31 |
$3,425 |
| 2022-12-31 |
$5,741 |
| 2022-09-30 |
$3,964 |
| 2022-06-30 |
$4,527 |
| 2022-03-31 |
$2,530 |
| 2021-12-31 |
$1,464 |
| 2021-09-30 |
$1,850 |
| 2021-06-30 |
$1,784 |
| 2021-03-31 |
$1,642 |
| 2020-12-31 |
$-395 |
| 2020-09-30 |
$457 |
| 2020-06-30 |
$-4,082 |
| 2020-03-31 |
$-139 |
| 2019-12-31 |
$231 |
| 2019-09-30 |
$706 |
| 2019-06-30 |
$1,244 |
| 2019-03-31 |
$1,783 |
| 2018-12-31 |
$1,617 |
| 2018-09-30 |
$2,031 |
| 2018-06-30 |
$2,117 |
| 2018-03-31 |
$1,380 |
| 2017-12-31 |
$1,119 |
| 2017-09-30 |
$1,198 |
| 2017-06-30 |
$772 |
| 2017-03-31 |
$623 |
| 2016-12-31 |
$74 |
| 2016-09-30 |
$-248 |
| 2016-06-30 |
$-1,986 |
| 2016-03-31 |
$-307 |
| 2015-12-31 |
$-776 |
| 2015-09-30 |
$809 |
| 2015-06-30 |
$-2,829 |
| 2015-03-31 |
$-375 |
| 2014-12-31 |
$-3,705 |
| 2014-09-30 |
$1,287 |
| 2014-06-30 |
$1,714 |
| 2014-03-31 |
$1,651 |
| 2013-12-31 |
$101 |
| 2013-09-30 |
$1,580 |
| 2013-06-30 |
$1,990 |
| 2013-03-31 |
$2,792 |
| 2012-12-31 |
$1,750 |
| 2012-09-30 |
$2,717 |
| 2012-06-30 |
$-515 |
| 2012-03-31 |
$2,928 |
| 2011-12-31 |
$3,344 |
| 2011-09-30 |
$2,270 |
| 2011-06-30 |
$3,040 |
| 2011-03-31 |
$4,083 |
| 2010-12-31 |
$2,896 |
| 2010-09-30 |
$-292 |
| 2010-06-30 |
$-7,295 |
| 2010-03-31 |
$3,190 |
| 2009-12-31 |
$2,254 |
| 2009-09-30 |
$2,235 |
| 2009-06-30 |
$2,343 |
| 2009-03-31 |
$1,533 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - International Integrated |
$8.042B |
$213.032B |
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BP has come a long way since the Gulf of Mexico oil spill incident in 2010, which followed the explosion on the British energy giant's Deepwater Horizon rig. To combat its huge litigation expenses that stemmed from the disaster, the company embarked on a massive asset divestment program and relied significantly on debt capital. BP successfully settled all litigation with the relatively insignificant cash outlays remaining. BP has been banking on its strong portfolio of upstream projects. BP is also on track to capitalize on the global economy's transition to lower carbon fuels. The company has been investing in renewable energy business with a plan to ramp up capital spending for non-oil and gas business. In fact, BP has plans of becoming carbon-neutral by 2050. Its reportable segments now are: Oil Production & Operations, Gas & Low Carbon Energy, Customers & Products and Rosneft.It entered a non-binding MOU with?Eni to combine their upstream portfolios into a joint venture in Angola.
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