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BP p.l.c.

BPE5.DE
56
Oil & Gas Integrated · Energy
Exchange
Frankfurt Stock Exchange
Winston Score
56
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Good
Growth
Good
Cash Flow
Strong
Stability
Good
Valuation
Strong
Dividends
Good

Winston Score History

The full picture

BP is one of the world's largest oil and gas companies. It finds, extracts, and refines oil and natural gas, then sells fuel, lubricants, and energy products to governments, businesses, and everyday consumers at the pump. BP also operates a growing renewable energy division, including wind and solar projects, as it tries to shift away from fossil fuels.

BP makes money by selling oil, natural gas, and refined products like gasoline and jet fuel, as well as through its network of retail fuel stations under the BP and Castrol brands. The company operates in over 60 countries, with major production assets in the US, UK, Middle East, and Africa, giving it global scale that smaller rivals cannot easily match. BP's biggest challenge is managing the costly transition toward cleaner energy while keeping profits stable in a business that is heavily exposed to swings in global oil prices.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+46.5% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+150.0% YoY

YoY Growth Rate

Strong earnings growth

Insider Activity

2.5%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

€85.3B cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

BP p.l.c. grew revenue 47% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale
Gross Margin
19.7%
Thin — 19.7% gross margin
Profit after running costs
Operating Margin
11.8%
Modest — 11.8% operating margin
Return on the money invested
ROCE
24.7%
Exceptional — 24.7% return on capital

ROIC between 15% and 25%. Every dollar invested in the business earns 15 to 25 cents back per year.

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Growth

Sales growth
Sales YoY
+16.0%
Fast-growing sales (+16.0% YoY)
Profit growth
EPS YoY
>+1,000%
Earnings growing fast (>+1,000% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

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Cash Flow

Profit that turns into cash
Cash Conversion
539%
Turns 539% of profit into real cash
Spare cash per sale
FCF Margin
7.5%
Modest free cash flow (7.5%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

What it owes vs what it owns
Debt / Equity
1.05
Elevated debt (1.05)
Covers its interest
Interest Cover
6.17x
Adequate interest coverage (6.2x)

Interest coverage between 3 and 8. Profits cover interest several times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
21.1x
no trend
Growth-priced — P/E 21.1

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
+9.0
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (21.1 → 12.2)

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Dividends

Dividend
Dividend Yield
4.64%
no trend
Healthy income — 4.64% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend record
Dividend Growth
+1.3%
no trend
Dividend flat

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