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BP vs Conocophillips: revenue, profit, margins and growth compared

BP brought in $192.5B of revenue in fiscal 2025, Conocophillips $58.9B in fiscal 2025. Revenue changed by -1.1% at BP and +7.7% at Conocophillips on the year before, so Conocophillips grew faster. BP kept 0.0% of its revenue as net profit, Conocophillips 13.6%.

Side by side, latest fiscal year

BPCOP
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$192.5B$58.9B
Revenue growth-1.1%+7.7%
Net income$55M$8B
Net margin0.0%13.6%
Free cash flown/an/a
Free cash flow marginn/an/a
Earnings per share (diluted)n/a$6.35
Cash$36.6B$6.5B
Debt$58B$22.4B
Price to earningsn/a20.1
Market value$115.6B$152.9B
Dividend yieldn/a2.50%
Rank by revenue in sector#3 of 146 · Energy#9 of 146 · Energy

Over the years

Revenue
BP FY2018: $303.7BBP FY2019: $163.5BBP FY2020: $109.1BBP FY2021: $164.2BBP FY2022: $248.9BBP FY2023: $213BBP FY2024: $194.6BBP FY2025: $192.5BCOP FY2018: $38.7BCOP FY2019: $36.7BCOP FY2020: $18.8BCOP FY2021: $45.8BCOP FY2022: $78.5BCOP FY2023: $56.1BCOP FY2024: $54.7BCOP FY2025: $58.9BFY18FY19FY20FY21FY22FY23FY24FY25
BP $192.5BCOP $58.9B
Net income
BP FY2018: $9.4BBP FY2019: $4BBP FY2020: -$20.3BBP FY2021: $7.6BBP FY2022: -$2.5BBP FY2023: $15.2BBP FY2024: $381MBP FY2025: $55MCOP FY2018: $6.3BCOP FY2019: $7.2BCOP FY2020: -$2.7BCOP FY2021: $8.1BCOP FY2022: $18.7BCOP FY2023: $11BCOP FY2024: $9.2BCOP FY2025: $8BFY18FY19FY20FY21FY22FY23FY24FY25
BP $55MCOP $8B
Net margin
BP FY2018: 3.1%BP FY2019: 2.5%BP FY2020: -18.6%BP FY2021: 4.6%BP FY2022: -1.0%BP FY2023: 7.2%BP FY2024: 0.2%BP FY2025: 0.0%COP FY2018: 16.2%COP FY2019: 19.6%COP FY2020: -14.4%COP FY2021: 17.6%COP FY2022: 23.8%COP FY2023: 19.5%COP FY2024: 16.9%COP FY2025: 13.6%FY18FY19FY20FY21FY22FY23FY24FY25
BP 0.0%COP 13.6%
Revenue growth
BP FY2019: -46.2%BP FY2020: -33.3%BP FY2021: +50.5%BP FY2022: +51.6%BP FY2023: -14.4%BP FY2024: -8.6%BP FY2025: -1.1%COP FY2019: -5.3%COP FY2020: -48.8%COP FY2021: +144.0%COP FY2022: +71.3%COP FY2023: -28.5%COP FY2024: -2.5%COP FY2025: +7.7%FY19FY20FY21FY22FY23FY24FY25
BP -1.1%COP +7.7%
Free cash flow
COP FY2018: $6.2BCOP FY2019: $4.5BCOP FY2020: $87MCOP FY2021: $11.7BCOP FY2022: $18.2BFY18FY19FY20FY21FY22
BPCOP $18.2B

Fiscal years as each company reports them; the two may end in different months.

Questions about BP and Conocophillips

Which is bigger by revenue, BP or Conocophillips?

BP is bigger by revenue: $192.5B in fiscal 2025, against $58.9B for Conocophillips in fiscal 2025.

Which keeps more of its revenue as profit, BP or Conocophillips?

BP had a net margin of 0.0% in fiscal 2025; Conocophillips had 13.6% in fiscal 2025.

Which grew revenue faster, BP or Conocophillips?

In their latest fiscal years revenue changed by -1.1% at BP and +7.7% at Conocophillips.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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