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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

BP Midstream Partners LP (BPMP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-05-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K8-K10-K10-K10-K
Revenues  119.9128.9128.5116.4116.4108.2103.0106.8
            Revenue growth  -7.0%0.3%10.4%7.6% 5.0%-3.5% 
Cost of goods sold  15.114.314.211.516.59.08.16.9
Gross profit  104.8114.6114.3104.9100.099.194.999.9
            Gross margin  87.4%88.9%88.9%90.1%85.8%91.6%92.1%93.6%
Selling, general and administrative   [+]5.13.13.55.118.71.30.50.4
Equity in earnings  -106.5-110.8-116.7-94.4-94.4-17.9  
Other operating expenses  24.723.621.721.83.318.719.522.1
EBITDA   [+]-37.1-27.9-32.8-21.8-16.355.972.275.0
            EBITDA margin  -30.9%-21.6%-25.5%-18.7%-14.0%51.7%70.1%70.2%
Depreciation and amortization  -2.8-2.5-2.6-2.72.7-2.7-2.6-2.5
EBIT   [+]-34.3-25.4-30.2-19.1-19.058.574.877.5
            EBIT margin  -28.6%-19.7%-23.5%-16.4%-16.3%54.1%72.6%72.6%
Non-recurring items   [+]  1.0  0.0  
Interest expense  4.37.915.14.04.00.1  
Other income (expense), net  213.0221.6233.4188.8188.735.90.5-77.5
Pre-tax income  174.4188.3187.1165.7165.794.375.30.0
Income taxes  22.319.919.232.60.025.329.530.1
            Tax rate  12.8%10.6%10.3%19.7%0.0%26.9%39.1% 
Minority interest  22.319.919.232.6    
Net income  152.1168.4167.9133.1165.769.045.946.7
            Net margin  126.9%130.6%130.7%114.3%142.3%63.8%44.5%43.8%
   
Basic EPS     $1.27    
Diluted EPS     $1.27    
   
Dividends per share     $1.01    
   
Shares outstanding (basic)     104.8    
Shares outstanding (diluted)     104.8    
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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