Bp (BP) Tax Rate (2012 - 2026)

Bp (BP) recorded quarterly Tax Rate of 42.81% in Q1 2026, up 139.67% quarter-over-quarter from 107.92% in Q4 2025, and down 2582.0% on a YoY basis from 1.72% in Q1 2025.

Bp (BP) Tax Rate (2012 - 2026) Analysis & Trends

Bp's Tax Rate history runs 15 years deep, the most recent figure standing at 42.81% for Q1 2026.

  • In Q1 2026, Tax Rate fell 2582.0% year-over-year to 42.81%; the TTM figure through Mar 2026 stood at 62.23% (up 1864.0% YoY), while the FY2025 annual figure was 83.28%, up 140.0% from the prior year.
  • Tax Rate was 42.81% for Q1 2026 at Bp, up from 107.92% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 200.2% in Q3 2022 to a low of 107.92% in Q4 2025.
  • Historically, Tax Rate has averaged 44.34% across 5 years, with a median of 43.46% in 2026.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate soared 57394 bps in 2022, then plunged 16955 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 37.27% in 2022, then surged by 62 bps to 60.33% in 2023, then tumbled by 73 bps to 16.47% in 2024, then tumbled by 755 bps to 107.92% in 2025, then surged by 140 bps to 42.81% in 2026.
  • The last three Tax Rate figures came in at 42.81% (Q1 2026), 107.92% (Q4 2025), and 53.37% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -
2 Exxon Mobil 629.96 Bn 628.14 Bn - 35.81%
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -14.16%
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 43.59%
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 24.66%
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - 42.81%
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn -
10 Imperial Oil 42.92 Bn 42.17 Bn - 23.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 42.81%
Mar 31, 2026 42.81%
Dec 31, 2025 -107.92%
Dec 31, 2025 -107.92%
Sep 30, 2025 53.37%
Sep 30, 2025 53.37%
Jun 30, 2025 33.09%
Jun 30, 2025 33.09%
Mar 31, 2025 68.63%
Mar 31, 2025 68.63%
Dec 31, 2024 16.47%
Dec 31, 2024 16.47%
Sep 30, 2024 73.53%
Sep 30, 2024 73.53%
Jun 30, 2024 94.42%
Jun 30, 2024 94.42%
Mar 31, 2024 48.00%
Mar 31, 2024 48.00%
Dec 31, 2023 60.33%
Dec 31, 2023 60.33%