Just a quick example: BP almost doubled their profits in 2022 even when the price oil didn't really double with respect to 2021 prices. https://www.bp.com/en/gl

Just a quick example: BP almost doubled their profits in 2022 even when the price oil didn't really double with respect to 2021 prices. https://www.bp.com/en/global/corporate/news-and-insights/press-releases/fourth-quarter-2022-results.html https://www.bp.com/en/global/corporate/news-and-insights/pre... > But if your profits increase by 5%, and inflation increases by 9% One should actually look not at inflation but at the increase in costs of that company. Not all companies are equally exposed to inflation, they will suffer different price increases.