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Pretax income is the income that a company earns before paying income taxes. BP's pretax income for the
three
months ended in Mar. 2026 was $7,365 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was $11,981 Mil.
BP's pretax margin was 14.09%.
During the past 13 years, BP's highest Pretax Margin was 11.30%. The lowest was -23.49%. And the median was 4.61%.
BP (LTS:0HKP) Pre-Tax Income Explanation
BP's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as
During the past 13 years, BP's highest Pretax Margin was 11.30%. The lowest was -23.49%. And the median was 4.61%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BP Pre-Tax Income Related Terms
BP Pre-Tax Income Historical Data
* Premium members only.
The historical data trend for BP's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Integrated subindustry, BP's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BP Pre-Tax Income vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, BP's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where BP's Pre-Tax Income falls into.
Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,981 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BP (LTS:0HKP) has a Pre-Tax Income of $11,981 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on BP and its competitors.
Is BP's Pre-Tax Income too high?
BP's current Pre-Tax Income is $11,981 Mil. Overall, BP has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BP's Pre-Tax Income compare to XOM and CVX?
BP's Pre-Tax Income of $11,981 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Oil & Gas company?
A good Pre-Tax Income depends on the Oil & Gas industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on BP and its competitors. BP's current Pre-Tax Income is $11,981 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BP stock overvalued right now?
Based on GuruFocus' analysis, BP (LTS:0HKP) is currently considered Modestly Overvalued. The stock's GF Value™ is $35.89, compared to a current price of $40.90 — trading 14% above its estimated fair value. The current Pre-Tax Income is $11,981 Mil. BP's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For BP (LTS:0HKP), the current Pre-Tax Income is $11,981 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BP (LTS:0HKP) Overvalued in 2026?
Based on GuruFocus' analysis, BP stock appears to be overvalued.
The current stock price of $40.90 is trading 14% above its estimated GF Value™ of $35.89.
GuruFocus considers BP to be Modestly Overvalued.
Key valuation signals for LTS:0HKP:
Pre-Tax Income: $11,981 Mil
GF Value™: $35.89 vs. price of $40.90 (14% above fair value)
No single metric tells the full story. See the LTS:0HKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BP is an integrated energy company that explores for, produces, and refines oil and gas around the world. In 2025, it produced 1.2 million barrels of liquids and 6.5 billion cubic feet of natural gas per day. At the end of 2025, proved hydrocarbon reserves stood at 6.2 billion barrels of oil equivalent, 56% of which are liquids. The company operates refineries with a total crude distillation capacity of 1.56 million barrels of oil per day.
69GF Score
Get the complete analysis for LTS:0HKP
Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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