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ConocoPhillips (COP) Financials

ConocoPhillips logo
$122.36 +3.39 (+2.85%)
Closing price 05/15/2026 03:59 PM Eastern
Extended Trading
$122.46 +0.10 (+0.08%)
As of 05/15/2026 07:55 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for ConocoPhillips

Annual Income Statements for ConocoPhillips

This table shows ConocoPhillips' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-4,428 -3,615 -855 6,257 7,189 -2,701 8,079 18,680 10,957 9,245 7,988
Consolidated Net Income / (Loss)
-4,371 -3,559 -793 6,305 7,257 -2,655 8,079 18,680 10,957 9,245 7,988
Net Income / (Loss) Continuing Operations
-4,371 -3,559 -793 6,305 7,257 -2,655 8,079 18,680 10,957 9,245 7,988
Total Pre-Tax Income
-7,239 -5,530 -2,615 9,973 9,524 -3,140 12,712 28,228 16,288 13,672 12,656
Total Operating Income
-6,394 -4,027 -1,031 11,066 10,433 -2,393 13,676 26,805 15,442 12,881 13,542
Total Gross Profit
18,509 14,366 19,300 23,385 23,875 10,424 28,557 44,523 34,166 34,733 37,077
Total Revenue
30,935 24,360 32,584 38,727 36,670 19,256 48,349 78,494 56,141 54,745 61,548
Operating Revenue
30,935 24,360 32,584 38,727 36,670 19,256 48,349 78,494 56,141 54,745 61,548
Total Cost of Revenue
12,426 9,994 13,284 15,342 12,795 8,832 19,792 33,971 21,975 20,012 24,471
Operating Cost of Revenue
12,426 9,994 12,475 14,294 11,842 8,078 18,158 33,971 21,975 20,012 22,325
Other Cost of Revenue
- - 809 1,048 953 754 1,634 - - - 2,146
Total Operating Expenses
24,903 18,393 20,331 12,319 13,442 12,817 14,881 17,718 18,724 21,852 23,535
Selling, General & Admin Expense
7,969 6,116 5,589 5,614 5,878 4,774 6,413 7,629 8,398 9,909 11,224
Exploration Expense
4,192 1,912 934 369 743 1,457 344 564 398 355 407
Depreciation Expense
9,113 9,062 6,845 5,956 6,090 5,521 7,208 7,504 8,270 9,599 11,500
Amortization Expense
483 425 362 353 326 252 242 250 283 325 378
Impairment Charge
2,245 139 6,601 27 405 813 674 -12 14 80 26
Total Other Income / (Expense), net
-845 -1,503 -1,584 -1,093 -909 -747 -964 1,423 846 791 -866
Interest Expense
920 1,245 1,098 735 778 806 884 805 780 783 855
Other Income / (Expense), net
75 -258 -486 -358 -131 59 -80 147 -94 -131 -11
Income Tax Expense
-2,868 -1,971 -1,822 3,668 2,267 -485 4,633 9,548 5,331 4,427 4,668
Basic Earnings per Share
($3.58) ($2.91) ($0.70) $5.36 $6.43 ($2.51) $6.09 $14.62 $9.08 $7.82 $6.36
Weighted Average Basic Shares Outstanding
1.24B 1.25B 1.22B 1.17B 1.12B 1.08B 1.32B 1.27B 1.20B 1.18B 1.25B
Diluted Earnings per Share
($3.58) ($2.91) ($0.70) $5.32 $6.40 ($2.51) $6.07 $14.57 $9.06 $7.81 $6.35
Weighted Average Diluted Shares Outstanding
1.24B 1.25B 1.22B 1.18B 1.12B 1.08B 1.33B 1.28B 1.21B 1.18B 1.25B
Weighted Average Basic & Diluted Shares Outstanding
1.24B 1.24B 1.22B 1.17B 1.08B 1.35B 1.30B 1.22B 1.18B 1.27B 1.22B
Cash Dividends to Common per Share
$2.94 $1.00 $1.06 $1.16 $1.34 $1.69 $1.75 $1.89 $2.11 $2.52 $3.18

Quarterly Income Statements for ConocoPhillips

This table shows ConocoPhillips' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
2,798 3,007 2,551 2,329 2,059 2,306 2,849 1,971 1,726 1,442 2,183
Consolidated Net Income / (Loss)
2,798 3,007 2,551 2,329 2,059 2,306 2,849 1,971 1,726 1,442 2,183
Net Income / (Loss) Continuing Operations
2,798 3,007 2,551 2,329 2,059 2,306 2,849 1,971 1,726 1,442 2,183
Total Pre-Tax Income
4,100 4,264 3,808 3,659 3,235 2,970 4,466 3,017 2,928 2,245 3,363
Total Operating Income
4,357 4,585 3,991 3,864 2,953 3,337 4,707 2,931 2,800 3,496 3,317
Total Gross Profit
8,787 9,179 8,587 8,742 7,942 9,144 10,362 8,919 9,174 8,655 9,478
Total Revenue
14,866 15,307 14,476 14,136 13,165 14,737 17,101 14,004 15,031 15,996 15,761
Operating Revenue
14,866 15,307 14,476 14,136 13,165 14,737 17,101 14,004 15,031 15,996 15,761
Total Cost of Revenue
6,079 6,128 5,889 5,394 5,223 5,593 6,739 5,085 5,857 7,341 6,283
Operating Cost of Revenue
5,543 5,678 5,334 4,858 4,747 5,073 6,188 5,085 5,857 5,195 6,283
Total Operating Expenses
4,430 4,594 4,596 4,878 4,989 5,807 5,655 5,988 6,374 5,159 6,161
Selling, General & Admin Expense
2,164 2,205 2,193 2,328 2,447 2,941 2,697 2,822 2,903 2,802 2,469
Exploration Expense
92 85 112 102 70 71 117 81 71 138 109
Depreciation Expense
2,095 2,223 2,211 2,334 2,390 2,664 2,746 2,838 2,917 2,999 2,906
Amortization Expense
68 79 80 80 80 85 94 95 94 95 97
Other Operating Expenses / (Income)
- - - - - - - 468 382 - 566
Impairment Charge
11 2.00 0.00 34 0.00 46 1.00 1.00 10 14 19
Other Special Charges / (Income)
- - - - 2.00 - - -317 -3.00 - -5.00
Total Other Income / (Expense), net
-257 -321 -183 -205 282 -367 -241 86 128 -1,231 46
Interest Expense
194 219 205 198 189 191 205 232 223 195 198
Interest & Investment Income
- - - - 441 - - 315 345 - 247
Other Income / (Expense), net
-63 -102 22 -7.00 30 -176 -36 3.00 6.00 16 -3.00
Income Tax Expense
1,302 1,257 1,257 1,330 1,176 664 1,617 1,046 1,202 803 1,180
Basic Earnings per Share
$2.33 $2.53 $2.16 $1.99 $1.77 $1.90 $2.23 $1.56 $1.38 $1.19 $1.78
Weighted Average Basic Shares Outstanding
1.20B 1.20B 1.18B 1.17B 1.16B 1.18B 1.27B 1.26B 1.25B 1.25B 1.22B
Diluted Earnings per Share
$2.32 $2.52 $2.15 $1.98 $1.76 $1.92 $2.23 $1.56 $1.38 $1.18 $1.78
Weighted Average Diluted Shares Outstanding
1.20B 1.21B 1.18B 1.17B 1.16B 1.18B 1.27B 1.26B 1.25B 1.25B 1.22B
Weighted Average Basic & Diluted Shares Outstanding
1.19B 1.18B 1.17B 1.16B 1.15B 1.27B 1.26B 1.25B 1.24B 1.22B 1.22B
Cash Dividends to Common per Share
$0.51 - $0.58 - - - $0.78 - - - $0.84

Annual Cash Flow Statements for ConocoPhillips

This table details how cash moves in and out of ConocoPhillips' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
-2,694 1,242 2,715 -385 -789 -2,047 2,083 1,296 -795 6.00 1,011
Net Cash From Operating Activities
7,572 4,403 7,077 12,934 11,104 4,802 16,996 28,314 19,965 20,124 19,796
Net Cash From Continuing Operating Activities
0.00 4,403 7,077 12,934 11,104 4,802 16,996 28,314 19,965 20,124 19,796
Net Income / (Loss) Continuing Operations
-4,371 -3,559 -793 6,305 7,257 -2,655 8,079 18,680 10,957 9,245 7,988
Consolidated Net Income / (Loss)
-4,371 -3,559 -793 6,305 7,257 -2,655 8,079 18,680 10,957 9,245 7,988
Depreciation Expense
9,113 9,062 6,845 5,956 6,090 5,521 7,208 7,504 8,270 9,599 11,500
Non-Cash Adjustments To Reconcile Net Income
5,303 1,687 5,120 1.00 -869 3,099 -120 192 1,195 964 54
Changes in Operating Assets and Liabilities, net
-2,473 -2,787 -4,095 672 -1,374 -1,163 1,829 1,938 -457 316 254
Net Cash From Investing Activities
-8,655 -3,859 7,762 -3,843 -6,618 -4,121 -8,544 -8,741 -12,000 -11,150 -8,836
Net Cash From Continuing Investing Activities
0.00 -3,859 7,762 -3,843 -6,618 -4,121 -8,544 -8,741 -12,000 -11,150 -8,836
Purchase of Property, Plant & Equipment
-10,050 -4,869 -4,591 -6,750 -6,636 -4,715 -5,324 -10,159 -11,248 -12,118 -12,553
Acquisitions
- - - - 0.00 0.00 -8,290 -60 -2,724 -24 0.00
Purchase of Investments
0.00 -51 -1,790 0.00 -2,910 -658 3,091 -2,629 1,373 415 -55
Sale of Property, Plant & Equipment
1,952 1,286 13,860 1,082 3,012 1,317 1,653 3,471 632 261 3,248
Other Investing Activities, net
-662 -333 168 86 -211 -181 221 522 -33 316 524
Net Cash From Financing Activities
-1,429 764 -12,356 -9,359 -5,229 -2,708 -6,335 -18,053 -8,661 -8,835 -10,102
Net Cash From Continuing Financing Activities
0.00 764 -12,356 -9,359 -5,229 -2,708 -6,335 -18,053 -8,661 -8,835 -10,102
Repayment of Debt
-181 -2,388 -7,988 -5,118 -199 -280 -498 -6,316 -1,413 -5,239 -989
Repurchase of Common Equity
0.00 -189 -3,000 -2,999 -3,500 -892 -3,623 -9,270 -5,400 -5,463 -5,018
Payment of Dividends
-3,664 -1,253 -1,305 -1,363 -1,500 -1,831 -2,359 -5,726 -5,583 -3,646 -3,995
Issuance of Debt
2,498 4,594 0.00 0.00 0.00 300 0.00 2,897 3,787 5,591 0.00
Issuance of Common Equity
-82 - -63 121 -30 -5.00 145 362 -52 -78 -100
Effect of Exchange Rate Changes
-182 -66 232 -117 -46 -20 -34 -224 -99 -133 153

Quarterly Cash Flow Statements for ConocoPhillips

This table details how cash moves in and out of ConocoPhillips' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
3,102 -3,177 -54 -1,271 948 383 715 -1,394 373 1,317 -670
Net Cash From Operating Activities
5,445 5,263 4,985 4,919 5,763 4,457 6,115 3,485 5,878 4,318 4,295
Net Cash From Continuing Operating Activities
5,445 5,263 4,985 4,919 5,763 4,457 6,115 3,485 5,878 4,318 4,295
Net Income / (Loss) Continuing Operations
2,798 3,007 2,551 2,329 2,059 2,306 2,849 1,971 1,726 1,442 2,183
Consolidated Net Income / (Loss)
2,798 3,007 2,551 2,329 2,059 2,306 2,849 1,971 1,726 1,442 2,183
Depreciation Expense
2,095 2,223 2,211 2,334 2,390 2,664 2,746 2,838 2,917 2,999 2,906
Non-Cash Adjustments To Reconcile Net Income
288 108 314 204 263 183 58 -290 510 -224 152
Changes in Operating Assets and Liabilities, net
264 -75 -91 52 1,051 -696 462 -1,034 725 101 -946
Net Cash From Investing Activities
-2,384 -5,852 -2,141 -4,151 -2,658 -2,200 -2,346 -2,461 -3,179 -850 -2,808
Net Cash From Continuing Investing Activities
-2,384 -5,852 -2,141 -4,151 -2,658 -2,200 -2,346 -2,461 -3,179 -850 -2,808
Purchase of Property, Plant & Equipment
-2,545 -2,883 -2,916 -2,969 -2,916 -3,317 -3,378 -3,286 -2,866 -3,023 -2,948
Sale of Property, Plant & Equipment
187 19 173 5.00 39 44 635 706 291 1,616 9.00
Sale and/or Maturity of Investments
- - 405 - - - -400 - -548 - -30
Other Investing Activities, net
-337 223 148 12 24 132 797 -273 -56 56 161
Net Cash From Financing Activities
29 -2,639 -2,825 -2,043 -2,198 -1,769 -3,137 -2,483 -2,324 -2,158 -2,186
Net Cash From Continuing Financing Activities
29 -2,639 -2,825 -2,043 -2,198 -1,769 -3,137 -2,483 -2,324 -2,158 -2,186
Repayment of Debt
-66 -136 -515 -111 -112 -4,501 -587 -274 -65 -63 -113
Repurchase of Common Equity
-1,300 -1,100 -1,325 -1,021 -1,167 -1,950 -1,500 -1,222 -1,274 -1,022 -1,006
Payment of Dividends
-1,337 -1,408 -924 -915 -910 -897 -998 -984 -975 -1,038 -1,032
Issuance of Common Equity
38 5.00 -61 4.00 -9.00 -12 -52 -3.00 -10 -35 -35
Effect of Exchange Rate Changes
12 51 -73 4.00 41 -105 83 65 -2.00 7.00 29

Annual Balance Sheets for ConocoPhillips

This table presents ConocoPhillips' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
97,484 89,772 73,362 69,980 70,514 62,618 90,661 93,829 95,924 122,780 121,939
Total Current Assets
8,789 8,609 16,512 13,274 16,913 12,066 16,050 18,749 14,330 15,647 15,532
Cash & Equivalents
2,368 3,610 6,325 5,915 5,088 2,991 5,028 6,458 5,635 5,607 6,497
Short-Term Investments
0.00 50 3,772 1,710 5,139 4,865 1,563 2,785 971 507 484
Accounts Receivable
4,514 3,414 4,320 4,067 3,401 2,754 6,670 7,088 5,474 6,695 5,813
Inventories, net
1,124 1,018 1,060 1,007 1,026 1,002 1,208 1,219 1,398 1,809 1,873
Prepaid Expenses
783 517 1,035 575 2,259 454 1,581 1,199 852 1,029 865
Plant, Property, & Equipment, net
66,446 58,331 45,683 45,698 42,269 39,893 64,911 64,866 70,044 94,356 93,239
Total Noncurrent Assets
22,249 22,832 11,167 11,008 11,332 10,659 9,700 10,214 11,550 12,777 13,168
Long-Term Investments
20,490 0.00 - - - - - 8,225 9,130 9,869 10,185
Other Noncurrent Operating Assets
1,063 1,160 1,107 1,344 2,426 2,528 2,587 1,989 2,420 2,908 2,983
Total Liabilities & Shareholders' Equity
97,484 89,772 73,362 69,980 70,514 62,618 90,661 93,829 95,924 122,780 121,939
Total Liabilities
57,402 54,546 42,561 37,916 35,464 32,769 45,255 45,826 46,645 57,984 57,452
Total Current Liabilities
9,256 6,909 9,397 7,395 7,043 5,366 12,021 12,847 10,005 12,124 11,972
Short-Term Debt
1,427 1,089 2,575 112 105 619 1,200 417 1,074 1,035 1,020
Accounts Payable
4,933 3,653 4,030 3,895 3,200 2,698 5,025 6,163 5,117 6,044 6,218
Current Deferred & Payable Income Tax Liabilities
499 484 1,038 1,320 1,030 320 2,862 3,193 1,811 2,460 1,835
Current Employee Benefit Liabilities
887 689 725 809 663 608 755 728 774 1,087 1,136
Other Current Liabilities
1,510 994 1,029 1,259 2,045 1,121 2,179 2,346 1,229 1,498 1,763
Total Noncurrent Liabilities
48,146 47,637 33,164 30,521 28,421 27,403 33,234 32,979 36,640 45,860 45,480
Long-Term Debt
23,453 26,186 17,128 14,856 14,790 14,750 18,734 16,226 17,863 23,289 22,424
Asset Retirement Reserve & Litigation Obligation
9,580 8,425 7,631 7,688 5,352 5,430 5,754 6,401 7,220 8,089 8,214
Noncurrent Deferred Revenue
1,828 1,525 1,269 1,192 1,864 1,779 1,414 1,552 1,735 2,034 1,636
Noncurrent Deferred & Payable Income Tax Liabilities
10,999 8,949 5,282 5,021 4,634 3,747 6,179 7,726 8,813 11,426 12,237
Noncurrent Employee Benefit Liabilities
2,286 2,552 1,854 1,764 1,781 1,697 1,153 1,074 1,009 1,022 969
Total Equity & Noncontrolling Interests
40,082 35,226 30,801 32,064 35,050 29,849 45,406 48,003 49,279 64,796 64,487
Total Preferred & Common Equity
39,762 34,974 30,607 31,939 34,981 29,849 45,406 48,003 49,279 64,796 64,487
Total Common Equity
39,762 34,974 30,607 31,939 34,981 29,849 45,406 48,003 49,279 64,796 64,487
Common Stock
46,375 46,525 46,640 46,897 47,001 47,151 60,602 61,163 61,324 77,552 77,751
Retained Earnings
36,414 31,548 29,391 34,010 39,742 35,213 40,674 53,029 59,268 64,869 68,864
Treasury Stock
-36,780 -36,906 -39,906 -42,905 -46,405 -47,297 -50,920 -60,189 -65,640 -71,152 -76,217
Accumulated Other Comprehensive Income / (Loss)
-6,247 -6,193 -5,518 -6,063 -5,357 -5,218 -4,950 -6,000 -5,673 -6,473 -5,911

Quarterly Balance Sheets for ConocoPhillips

This table presents ConocoPhillips' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
89,605 93,651 95,924 95,348 95,994 96,699 122,780 124,254 122,599 122,472 122,725
Total Current Assets
13,501 17,181 14,330 13,721 13,734 13,984 15,647 16,906 13,939 15,884 16,229
Cash & Equivalents
5,735 8,830 5,635 5,574 4,294 5,221 5,607 6,309 4,901 5,260 5,877
Short-Term Investments
1,080 616 971 487 1,723 1,571 507 926 439 996 486
Accounts Receivable
4,531 5,671 5,474 5,458 5,307 4,815 6,695 6,400 5,701 5,744 7,050
Inventories, net
1,236 1,326 1,398 1,443 1,447 1,496 1,809 1,844 1,897 1,721 1,910
Prepaid Expenses
919 738 852 759 963 881 1,029 1,427 1,001 2,163 906
Plant, Property, & Equipment, net
65,452 65,561 70,044 69,907 70,226 70,725 94,356 94,316 95,242 93,498 93,141
Total Noncurrent Assets
10,652 10,909 11,550 11,720 12,034 11,990 12,777 13,032 13,418 13,090 13,355
Long-Term Investments
8,618 8,731 9,130 9,132 9,304 9,192 9,869 10,008 10,361 10,074 10,320
Other Noncurrent Operating Assets
2,034 2,178 2,420 2,588 2,730 2,798 2,908 3,024 3,057 3,016 3,035
Total Liabilities & Shareholders' Equity
89,605 93,651 95,924 95,348 95,994 96,699 122,780 124,254 122,599 122,472 122,725
Total Liabilities
42,074 45,906 46,645 46,023 46,249 46,818 57,984 59,016 57,027 57,549 58,184
Total Current Liabilities
9,548 10,338 10,005 10,163 10,324 10,765 12,124 13,329 10,986 12,009 12,586
Short-Term Debt
879 881 1,074 1,113 1,312 1,314 1,035 608 414 1,016 1,065
Accounts Payable
4,626 5,143 5,117 5,138 5,156 5,190 6,044 7,349 6,517 6,245 7,017
Current Deferred & Payable Income Tax Liabilities
1,692 1,919 1,811 2,116 2,016 2,473 2,460 2,919 1,742 1,939 2,129
Current Employee Benefit Liabilities
552 691 774 405 516 627 1,087 652 710 1,020 505
Other Current Liabilities
1,799 1,704 1,229 1,391 1,324 1,161 1,498 1,801 1,603 1,789 1,870
Total Noncurrent Liabilities
32,526 35,568 36,640 35,860 35,925 36,053 45,860 45,687 46,041 45,540 45,598
Long-Term Debt
15,565 18,182 17,863 17,304 17,040 16,990 23,289 23,176 23,115 22,466 22,262
Asset Retirement Reserve & Litigation Obligation
6,357 6,425 7,220 7,141 7,238 7,337 8,089 8,146 8,225 8,264 8,366
Noncurrent Deferred Revenue
1,585 1,680 1,735 1,672 1,730 1,795 2,034 1,883 1,936 1,751 1,637
Noncurrent Deferred & Payable Income Tax Liabilities
8,038 8,325 8,813 8,776 8,927 8,986 11,426 11,483 11,766 12,109 12,389
Noncurrent Employee Benefit Liabilities
981 956 1,009 967 990 945 1,022 999 999 950 944
Total Equity & Noncontrolling Interests
47,531 47,745 49,279 49,325 49,745 49,881 64,796 65,238 65,572 64,923 64,541
Total Preferred & Common Equity
47,531 47,745 49,279 49,325 49,745 49,881 64,796 65,238 65,572 64,923 64,541
Total Common Equity
47,531 47,745 49,279 49,325 49,745 49,881 64,796 65,238 65,572 64,923 64,541
Common Stock
61,190 61,283 61,324 61,321 61,402 61,451 77,552 77,577 77,666 77,724 77,784
Retained Earnings
55,483 56,952 59,268 60,895 62,309 63,459 64,869 66,721 67,707 68,459 70,016
Treasury Stock
-63,217 -64,529 -65,640 -66,974 -68,005 -69,184 -71,152 -72,666 -73,899 -75,186 -77,231
Accumulated Other Comprehensive Income / (Loss)
-5,925 -5,961 -5,673 -5,917 -5,961 -5,845 -6,473 -6,394 -5,902 -6,074 -6,028

Annual Metrics And Ratios for ConocoPhillips

This table displays calculated financial ratios and metrics derived from ConocoPhillips' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
- - - - - - - - - - 1,235,718,250.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 1,235,718,250.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - 6.46
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-44.28% -21.25% 33.76% 18.85% -5.31% -47.49% 151.09% 62.35% -25.38% -2.77% 12.43%
EBITDA Growth
-84.87% 70.97% 11.53% 212.76% -1.63% -80.56% 552.78% 65.62% -26.46% -5.07% 12.00%
EBIT Growth
-162.34% 32.19% 64.60% 805.87% -3.79% -122.66% 682.52% 98.23% -36.67% -15.31% 6.13%
NOPAT Growth
-171.87% 37.02% 74.40% 1,069.38% 13.63% -121.07% 618.87% 104.08% -34.92% -14.57% -1.87%
Net Income Growth
-163.00% 18.58% 77.72% 895.08% 15.10% -136.59% 404.29% 131.22% -41.34% -15.62% -13.60%
EPS Growth
-164.97% 18.72% 75.95% 860.00% 20.30% -139.22% 341.83% 140.03% -37.82% -13.80% -18.69%
Operating Cash Flow Growth
-54.30% -41.85% 60.73% 82.76% -14.15% -56.75% 253.94% 66.59% -29.49% 0.80% -1.63%
Free Cash Flow Firm Growth
-125.22% -1,617.24% 190.57% -54.86% -4.47% -91.09% -1,964.49% 330.87% -78.70% -272.90% 191.40%
Invested Capital Growth
-7.34% 39.75% -31.33% -2.47% 0.79% -5.93% 57.24% -19.70% 11.24% 39.36% -3.24%
Revenue Q/Q Growth
-14.12% 2.04% 4.77% 4.38% -5.71% -9.66% 25.69% -0.46% -6.33% -0.99% 1.35%
EBITDA Q/Q Growth
-62.31% 43,327.27% 18.06% 8.48% -8.36% -41.68% 37.23% -2.83% -2.71% -3.53% 0.99%
EBIT Q/Q Growth
-297.92% 54.28% 45.04% 14.11% -11.75% -77,700.00% 65.93% -4.33% -5.17% -8.38% -0.66%
NOPAT Q/Q Growth
-261.86% 56.88% 50.07% 2.44% -12.05% -7,876.67% 62.86% -4.02% -1.31% -6.27% -6.54%
Net Income Q/Q Growth
-356.26% 48.99% 67.10% 4.65% -13.52% -132.89% 72.63% 3.44% -2.16% -7.05% -9.76%
EPS Q/Q Growth
-326.19% 48.59% 65.00% 6.40% -12.69% -124.11% 81.19% 4.90% -1.63% -7.13% -10.44%
Operating Cash Flow Q/Q Growth
-13.83% -3.36% 17.19% 11.19% -6.73% -21.43% 32.78% 2.62% -6.24% -3.85% -0.70%
Free Cash Flow Firm Q/Q Growth
-215.37% -958.05% 128.15% 26.67% 3,539.27% -45.40% -65.30% 27.85% -40.44% -255.25% 201.77%
Invested Capital Q/Q Growth
-4.80% 48.82% 33.23% 27.75% -0.97% -3.80% 13.29% -0.50% 7.91% 40.11% -1.82%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
59.83% 58.97% 59.23% 60.38% 65.11% 54.13% 59.06% 56.72% 58.94% 61.20% 60.24%
EBITDA Margin
9.03% 19.61% 16.35% 43.03% 44.70% 16.55% 43.03% 43.90% 43.26% 42.23% 40.67%
Operating Margin
-20.67% -16.53% -3.16% 28.57% 28.45% -12.43% 28.29% 34.15% 29.30% 25.61% 22.00%
EBIT Margin
-20.43% -17.59% -4.66% 27.65% 28.09% -12.12% 28.12% 34.34% 29.14% 25.38% 21.98%
Profit (Net Income) Margin
-14.13% -14.61% -2.43% 16.28% 19.79% -13.79% 16.71% 23.80% 18.71% 16.23% 12.98%
Tax Burden Percent
60.38% 64.36% 30.33% 63.22% 76.20% 84.55% 63.55% 66.18% 67.27% 67.62% 63.12%
Interest Burden Percent
114.56% 129.05% 172.38% 93.14% 92.45% 134.53% 93.50% 104.73% 95.43% 94.58% 93.53%
Effective Tax Rate
0.00% 0.00% 0.00% 36.78% 23.80% 0.00% 36.45% 33.82% 32.73% 32.38% 36.88%
Return on Invested Capital (ROIC)
-10.23% -5.59% -1.45% 17.53% 20.09% -4.35% 18.09% 33.49% 23.17% 15.70% 11.88%
ROIC Less NNEP Spread (ROIC-NNEP)
-14.58% -11.36% -1.88% 9.38% 8.56% -20.44% 12.21% 48.54% -26.32% 4.99% 4.23%
Return on Net Nonoperating Assets (RNNOA)
0.76% -3.87% -0.95% 2.53% 1.53% -3.84% 3.38% 6.50% -0.64% 0.51% 0.48%
Return on Equity (ROE)
-9.47% -9.45% -2.40% 20.06% 21.63% -8.18% 21.47% 40.00% 22.53% 16.21% 12.36%
Cash Return on Invested Capital (CROIC)
-2.60% -38.75% 35.69% 20.04% 19.31% 1.77% -26.42% 55.34% 12.53% -17.19% 15.18%
Operating Return on Assets (OROA)
-5.91% -4.58% -1.86% 14.94% 14.67% -3.51% 17.74% 29.22% 17.99% 13.22% 11.06%
Return on Assets (ROA)
-4.08% -3.80% -0.97% 8.80% 10.33% -3.99% 10.54% 20.25% 11.55% 8.45% 6.53%
Return on Common Equity (ROCE)
-9.40% -9.38% -2.39% 19.96% 21.56% -8.17% 21.47% 40.00% 22.53% 16.21% 12.36%
Return on Equity Simple (ROE_SIMPLE)
-10.99% -10.18% -2.59% 19.74% 20.75% -8.89% 17.79% 38.91% 22.23% 14.27% 0.00%
Net Operating Profit after Tax (NOPAT)
-4,476 -2,819 -722 6,996 7,950 -1,675 8,692 17,738 11,545 9,863 8,547
NOPAT Margin
-14.47% -11.57% -2.21% 18.06% 21.68% -8.70% 17.98% 22.60% 19.71% 17.32% 13.89%
Net Nonoperating Expense Percent (NNEP)
4.36% 5.77% 0.43% 8.15% 11.53% 16.09% 5.88% -15.05% 49.49% 10.71% 7.65%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - 27.44% 16.92% 11.07% 9.72%
Cost of Revenue to Revenue
40.17% 41.03% 40.77% 39.62% 34.89% 45.87% 40.94% 43.28% 41.06% 38.80% 39.76%
SG&A Expenses to Revenue
25.76% 25.11% 17.15% 14.50% 16.03% 24.79% 13.26% 9.72% 14.34% 17.40% 18.24%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
80.50% 75.50% 62.40% 31.81% 36.66% 66.56% 30.78% 22.57% 29.64% 35.59% 38.24%
Earnings before Interest and Taxes (EBIT)
-6,319 -4,285 -1,517 10,708 10,302 -2,334 13,596 26,952 17,068 14,455 13,531
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
2,794 4,777 5,328 16,664 16,392 3,187 20,804 34,456 25,338 24,054 25,031
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.09 1.37 1.69 1.81 1.68 1.23 1.86 2.85 2.69 1.75 1.79
Price to Tangible Book Value (P/TBV)
1.09 1.37 1.69 1.81 1.68 1.23 1.86 2.85 2.69 1.75 1.79
Price to Revenue (P/Rev)
1.40 1.97 1.59 1.49 1.60 1.90 1.74 1.74 2.27 1.99 1.88
Price to Earnings (P/E)
0.00 0.00 0.00 9.22 8.15 0.00 10.44 7.31 12.12 12.25 14.48
Dividend Yield
8.36% 2.58% 2.45% 2.32% 2.50% 4.95% 3.05% 6.01% 4.12% 2.79% 3.40%
Earnings Yield
0.00% 0.00% 0.00% 10.85% 12.26% 0.00% 9.58% 13.67% 8.25% 8.17% 6.91%
Enterprise Value to Invested Capital (EV/IC)
1.09 1.22 1.52 1.65 1.60 1.18 1.66 2.88 2.59 1.66 1.72
Enterprise Value to Revenue (EV/Rev)
1.48 2.95 1.89 1.68 1.73 2.29 2.02 1.73 2.32 2.13 1.98
Enterprise Value to EBITDA (EV/EBITDA)
16.37 15.04 11.56 3.91 3.87 13.86 4.70 3.94 5.37 5.05 4.87
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 6.08 6.15 0.00 7.19 5.04 7.97 8.41 9.01
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 9.31 7.97 0.00 11.24 7.66 11.78 12.32 14.27
Enterprise Value to Operating Cash Flow (EV/OCF)
6.04 16.31 8.71 5.04 5.71 9.20 5.75 4.80 6.81 6.04 6.16
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 3.48 8.15 8.30 64.88 0.00 4.63 21.78 0.00 11.17
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.62 0.77 0.64 0.47 0.43 0.51 0.44 0.35 0.38 0.38 0.36
Long-Term Debt to Equity
0.59 0.74 0.56 0.46 0.42 0.49 0.41 0.34 0.36 0.36 0.35
Financial Leverage
-0.05 0.34 0.50 0.27 0.18 0.19 0.28 0.13 0.02 0.10 0.11
Leverage Ratio
2.32 2.49 2.47 2.28 2.09 2.05 2.04 1.98 1.95 1.92 1.89
Compound Leverage Factor
2.65 3.21 4.26 2.12 1.94 2.76 1.90 2.07 1.86 1.81 1.77
Debt to Total Capital
38.30% 43.64% 39.01% 31.83% 29.82% 33.99% 30.51% 25.74% 27.76% 27.29% 26.66%
Short-Term Debt to Total Capital
2.20% 1.74% 5.10% 0.24% 0.21% 1.37% 1.84% 0.65% 1.57% 1.16% 1.16%
Long-Term Debt to Total Capital
36.10% 41.90% 33.91% 31.59% 29.61% 32.62% 28.67% 25.10% 26.19% 26.13% 25.50%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.49% 0.40% 0.38% 0.27% 0.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
61.21% 55.96% 60.60% 67.91% 70.04% 66.01% 69.49% 74.26% 72.24% 72.71% 73.34%
Debt to EBITDA
8.90 5.71 3.70 0.90 0.91 4.82 0.96 0.48 0.75 1.01 0.94
Net Debt to EBITDA
0.72 4.94 1.80 0.44 0.28 2.36 0.64 -0.02 0.13 0.35 0.25
Long-Term Debt to EBITDA
8.39 5.48 3.21 0.89 0.90 4.63 0.90 0.47 0.71 0.97 0.90
Debt to NOPAT
-5.56 -9.68 -27.30 2.14 1.87 -9.18 2.29 0.94 1.64 2.47 2.74
Net Debt to NOPAT
-0.45 -8.38 -13.31 1.05 0.59 -4.49 1.54 -0.05 0.28 0.85 0.73
Long-Term Debt to NOPAT
-5.24 -9.29 -23.73 2.12 1.86 -8.81 2.16 0.91 1.55 2.36 2.62
Altman Z-Score
1.07 1.16 1.78 2.75 2.95 1.77 2.83 4.44 3.82 2.80 2.90
Noncontrolling Interest Sharing Ratio
0.74% 0.76% 0.68% 0.51% 0.29% 0.11% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.95 1.25 1.76 1.80 2.40 2.25 1.34 1.46 1.43 1.29 1.30
Quick Ratio
0.74 1.02 1.53 1.58 1.94 1.98 1.10 1.27 1.21 1.06 1.07
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-1,139 -19,556 17,712 7,996 7,639 681 -12,695 29,309 6,243 -10,794 10,919
Operating Cash Flow to CapEx
93.50% 122.89% 0.00% 228.19% 306.40% 141.32% 462.98% 423.36% 188.07% 169.72% 212.75%
Free Cash Flow to Firm to Interest Expense
-1.24 -15.71 16.13 10.88 9.82 0.84 -14.36 36.41 8.00 -13.79 12.77
Operating Cash Flow to Interest Expense
8.23 3.54 6.45 17.60 14.27 5.96 19.23 35.17 25.60 25.70 23.15
Operating Cash Flow Less CapEx to Interest Expense
-0.57 0.66 14.89 9.89 9.61 1.74 15.07 26.86 11.99 10.56 12.27
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.29 0.26 0.40 0.54 0.52 0.29 0.63 0.85 0.62 0.52 0.50
Accounts Receivable Turnover
5.47 6.15 8.43 9.24 9.82 6.26 10.26 11.41 9.33 9.36 9.84
Inventory Turnover
10.12 9.33 12.79 14.84 12.59 8.71 17.91 27.99 18.38 13.78 13.29
Fixed Asset Turnover
0.44 0.39 0.63 0.85 0.83 0.47 0.92 1.21 0.87 0.69 0.66
Accounts Payable Turnover
1.92 2.33 3.46 3.87 3.61 2.99 5.13 6.07 4.26 3.96 3.99
Days Sales Outstanding (DSO)
66.79 59.39 43.32 39.52 37.17 58.33 35.57 31.99 39.14 38.99 37.09
Days Inventory Outstanding (DIO)
36.06 39.12 28.55 24.59 29.00 41.91 20.38 13.04 19.86 26.48 27.46
Days Payable Outstanding (DPO)
190.33 156.79 105.55 94.27 101.20 121.87 71.21 60.10 85.60 92.17 91.45
Cash Conversion Cycle (CCC)
-87.48 -58.28 -33.69 -30.16 -35.03 -21.63 -15.26 -15.08 -26.60 -26.69 -26.90
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
42,104 58,841 40,407 39,407 39,718 37,362 58,749 47,178 52,480 73,137 70,765
Invested Capital Turnover
0.71 0.48 0.66 0.97 0.93 0.50 1.01 1.48 1.18 0.91 0.86
Increase / (Decrease) in Invested Capital
-3,337 16,737 -18,434 -1,000 311 -2,356 21,387 -11,571 5,302 20,657 -2,372
Enterprise Value (EV)
45,738 71,830 61,607 65,153 63,363 44,174 97,688 135,801 135,977 121,558 121,954
Market Capitalization
43,396 47,963 51,807 57,685 58,626 36,661 84,345 136,626 132,776 113,217 115,676
Book Value per Share
$32.21 $28.23 $25.60 $27.74 $31.88 $27.83 $34.43 $38.52 $41.50 $56.30 $52.19
Tangible Book Value per Share
$32.21 $28.23 $25.60 $27.74 $31.88 $27.83 $34.43 $38.52 $41.50 $56.30 $52.19
Total Capital
64,962 62,501 50,504 47,032 49,945 45,218 65,340 64,646 68,216 89,120 87,931
Total Debt
24,880 27,275 19,703 14,968 14,895 15,369 19,934 16,643 18,937 24,324 23,444
Total Long-Term Debt
23,453 26,186 17,128 14,856 14,790 14,750 18,734 16,226 17,863 23,289 22,424
Net Debt
2,022 23,615 9,606 7,343 4,668 7,513 13,343 -825 3,201 8,341 6,278
Capital Expenditures (CapEx)
8,098 3,583 -9,269 5,668 3,624 3,398 3,671 6,688 10,616 11,857 9,305
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1,408 -871 -407 -1,634 -252 -537 -1,362 -2,924 -1,207 -1,556 -2,401
Debt-free Net Working Capital (DFNWC)
960 2,789 9,690 5,991 9,975 7,319 5,229 6,319 5,399 4,558 4,580
Net Working Capital (NWC)
-467 1,700 7,115 5,879 9,870 6,700 4,029 5,902 4,325 3,523 3,560
Net Nonoperating Expense (NNE)
-105 740 71 691 693 980 613 -942 588 618 559
Net Nonoperating Obligations (NNO)
2,022 23,615 9,606 7,343 4,668 7,513 13,343 -825 3,201 8,341 6,278
Total Depreciation and Amortization (D&A)
9,113 9,062 6,845 5,956 6,090 5,521 7,208 7,504 8,270 9,599 11,500
Debt-free, Cash-free Net Working Capital to Revenue
-4.55% -3.58% -1.25% -4.22% -0.69% -2.79% -2.82% -3.73% -2.06% -2.73% -3.90%
Debt-free Net Working Capital to Revenue
3.10% 11.45% 29.74% 15.47% 27.20% 38.01% 10.82% 8.05% 9.22% 8.00% 7.44%
Net Working Capital to Revenue
-1.51% 6.98% 21.84% 15.18% 26.92% 34.79% 8.33% 7.52% 7.38% 6.19% 5.78%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($3.58) ($2.91) ($0.70) $5.36 $6.43 ($2.51) $6.09 $14.62 $9.08 $7.82 $6.36
Adjusted Weighted Average Basic Shares Outstanding
1.24B 1.25B 1.22B 1.17B 1.12B 1.08B 1.32B 1.27B 1.20B 1.18B 1.25B
Adjusted Diluted Earnings per Share
($3.58) ($2.91) ($0.70) $5.32 $6.40 ($2.51) $6.07 $14.57 $9.06 $7.81 $6.35
Adjusted Weighted Average Diluted Shares Outstanding
1.24B 1.25B 1.22B 1.18B 1.12B 1.08B 1.33B 1.28B 1.21B 1.18B 1.25B
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
1.24B 1.24B 1.17B 1.13B 1.08B 1.35B 1.30B 1.22B 1.18B 1.27B 1.22B
Normalized Net Operating Profit after Tax (NOPAT)
-2,904 -2,722 3,899 7,013 8,258 -1,106 9,120 17,018 11,554 9,917 8,564
Normalized NOPAT Margin
-9.39% -11.17% 11.97% 18.11% 22.52% -5.74% 18.86% 21.68% 19.73% 17.41% 13.91%
Pre Tax Income Margin
-23.40% -22.70% -8.03% 25.75% 25.97% -16.31% 26.29% 35.96% 27.81% 24.01% 20.56%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
-6.87 -3.44 -1.38 14.57 13.24 -2.90 15.38 33.48 21.88 18.46 15.83
NOPAT to Interest Expense
-4.87 -2.26 -0.66 9.52 10.22 -2.08 9.83 22.04 14.80 12.60 10.00
EBIT Less CapEx to Interest Expense
-15.67 -6.32 7.06 6.86 8.58 -7.11 11.23 25.17 8.27 3.32 4.94
NOPAT Less CapEx to Interest Expense
-13.67 -5.14 7.78 1.81 5.56 -6.29 5.68 13.73 1.19 -2.55 -0.89
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
-83.83% -35.21% -164.56% 21.62% 20.67% -68.96% 29.20% 30.65% 50.95% 39.44% 50.01%
Augmented Payout Ratio
-83.83% -40.52% -542.88% 69.18% 68.90% -102.56% 74.04% 80.28% 100.24% 98.53% 112.83%

Quarterly Metrics And Ratios for ConocoPhillips

This table displays calculated financial ratios and metrics derived from ConocoPhillips' official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
- - - - - - - - - 1,235,718,250.00 1,218,294,007.00
DEI Adjusted Shares Outstanding
- - - - - - - - - 1,235,718,250.00 1,218,294,007.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - 1.17 1.79
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-31.22% -1.88% -6.71% 9.72% -8.49% -3.72% 14.10% -0.93% 14.17% 23.35% -7.84%
EBITDA Growth
-32.83% 25.79% -6.99% 11.53% -9.00% -13.14% 12.87% -6.77% 6.51% 42.75% -16.14%
EBIT Growth
-43.79% 34.54% -15.52% 8.92% -20.26% -29.49% 6.63% -23.93% -5.93% 85.13% -29.05%
NOPAT Growth
-35.28% 54.59% -11.43% 5.73% -27.35% -19.87% 2.96% -22.15% -12.18% 39.51% -28.29%
Net Income Growth
-38.19% -7.45% -12.64% 4.35% -26.41% -23.31% 11.68% -15.37% -16.17% -37.47% -23.38%
EPS Growth
-34.65% -5.62% -9.66% 7.61% -24.14% -23.81% 3.72% -21.21% -21.59% -38.54% -20.18%
Operating Cash Flow Growth
-37.70% -20.16% -7.74% 27.63% 5.84% -15.31% 22.67% -29.15% 2.00% -3.12% -29.76%
Free Cash Flow Firm Growth
-80.56% -115.14% -129.05% -138.80% -180.27% -773.33% -611.64% -954.33% -978.00% 124.24% 116.93%
Invested Capital Growth
2.57% 11.24% 10.49% 8.72% 7.34% 39.36% 36.59% 39.08% 38.07% -3.24% -0.83%
Revenue Q/Q Growth
15.38% 2.97% -5.43% -2.35% -3.76% 8.33% 12.08% -15.21% 7.33% 6.42% -1.47%
EBITDA Q/Q Growth
15.10% 4.96% -7.19% -0.53% -6.09% 0.19% 20.60% -17.84% -0.85% 13.77% -4.47%
EBIT Q/Q Growth
21.27% 4.40% -10.48% -3.89% -11.23% -7.68% 35.37% -31.43% -4.36% 25.16% -5.64%
NOPAT Q/Q Growth
27.82% 8.74% -17.31% -8.01% -12.17% 19.94% 6.24% -30.44% -13.80% 36.05% -4.11%
Net Income Q/Q Growth
25.36% 7.47% -15.16% -8.70% -11.59% 12.00% 23.55% -30.82% -12.43% -16.45% 51.39%
EPS Q/Q Growth
26.09% 8.62% -14.68% -7.91% -11.11% 9.09% 16.15% -30.04% -11.54% -14.49% 50.85%
Operating Cash Flow Q/Q Growth
41.28% -3.34% -5.28% -1.32% 17.16% -22.66% 37.20% -43.01% 68.67% -26.54% -0.53%
Free Cash Flow Firm Q/Q Growth
-61.59% -217.78% -11.93% 23.36% 20.55% -1,181.46% 8.79% -13.55% 2.60% 125.34% -40.51%
Invested Capital Q/Q Growth
0.18% 7.91% 0.13% 0.43% -1.09% 40.11% -1.86% 2.26% -1.81% -1.82% 0.59%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
59.11% 59.97% 59.32% 61.84% 61.61% 62.05% 62.54% 63.69% 61.03% 54.11% 60.14%
EBITDA Margin
42.98% 43.81% 43.00% 43.80% 42.74% 39.53% 42.53% 41.22% 38.07% 40.70% 39.46%
Operating Margin
29.31% 29.95% 27.57% 27.33% 24.95% 22.64% 26.12% 20.93% 18.63% 21.86% 21.05%
EBIT Margin
28.88% 29.29% 27.72% 27.28% 25.17% 21.45% 25.91% 20.95% 18.67% 21.96% 21.03%
Profit (Net Income) Margin
18.82% 19.64% 17.62% 16.48% 15.14% 15.65% 17.25% 14.07% 11.48% 9.01% 13.85%
Tax Burden Percent
68.24% 70.52% 66.99% 63.65% 63.65% 77.64% 63.79% 65.33% 58.95% 64.23% 64.91%
Interest Burden Percent
95.48% 95.11% 94.89% 94.87% 94.48% 93.96% 104.37% 102.83% 104.35% 63.92% 101.48%
Effective Tax Rate
31.76% 29.48% 33.01% 36.35% 36.35% 22.36% 36.21% 34.67% 41.05% 35.77% 35.09%
Return on Invested Capital (ROIC)
26.04% 24.83% 21.23% 20.19% 18.12% 15.94% 15.82% 12.76% 10.73% 12.01% 11.51%
ROIC Less NNEP Spread (ROIC-NNEP)
71.07% 5.78% 13.06% 13.73% 11.80% 11.00% 17.79% 13.79% 12.33% 1.02% 11.96%
Return on Net Nonoperating Assets (RNNOA)
-0.57% 0.14% 0.40% 0.57% 0.39% 1.11% 1.52% 1.30% 1.02% 0.11% 1.22%
Return on Equity (ROE)
25.47% 24.97% 21.63% 20.76% 18.51% 17.06% 17.33% 14.06% 11.75% 12.12% 12.72%
Cash Return on Invested Capital (CROIC)
21.83% 12.53% 12.42% 14.02% 13.79% -17.19% -14.96% -17.82% -17.27% 15.18% 11.61%
Operating Return on Assets (OROA)
19.16% 18.08% 17.08% 17.28% 15.21% 11.17% 13.92% 11.28% 10.35% 11.04% 10.25%
Return on Assets (ROA)
12.49% 12.13% 10.86% 10.44% 9.15% 8.15% 9.27% 7.58% 6.36% 4.53% 6.75%
Return on Common Equity (ROCE)
25.47% 24.97% 21.63% 20.76% 18.51% 17.06% 17.33% 14.06% 11.75% 12.12% 12.72%
Return on Equity Simple (ROE_SIMPLE)
23.46% 0.00% 21.47% 21.48% 19.94% 0.00% 14.63% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
2,973 3,233 2,674 2,459 2,160 2,591 2,753 1,915 1,651 2,246 2,153
NOPAT Margin
20.00% 21.12% 18.47% 17.40% 15.88% 17.58% 16.67% 13.67% 10.98% 14.04% 13.66%
Net Nonoperating Expense Percent (NNEP)
-45.03% 19.05% 8.17% 6.46% 6.31% 4.94% -1.97% -1.03% -1.59% 10.99% -0.45%
Return On Investment Capital (ROIC_SIMPLE)
- 4.74% - - - 2.91% 3.09% 2.15% 1.87% 2.55% 2.45%
Cost of Revenue to Revenue
40.89% 40.03% 40.68% 38.16% 38.39% 37.95% 37.46% 36.31% 38.97% 45.89% 39.86%
SG&A Expenses to Revenue
14.56% 14.41% 15.15% 16.47% 17.99% 19.96% 16.33% 20.15% 19.31% 17.52% 15.67%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
29.80% 30.01% 31.75% 34.51% 36.66% 39.40% 36.41% 42.76% 42.41% 32.25% 39.09%
Earnings before Interest and Taxes (EBIT)
4,294 4,483 4,013 3,857 3,424 3,161 4,279 2,934 2,806 3,512 3,314
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
6,389 6,706 6,224 6,191 5,814 5,825 7,025 5,772 5,723 6,511 6,220
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
2.92 2.69 3.02 2.67 2.45 1.75 2.05 1.73 1.82 1.79 2.50
Price to Tangible Book Value (P/TBV)
2.92 2.69 3.02 2.67 2.45 1.75 2.05 1.73 1.82 1.79 2.50
Price to Revenue (P/Rev)
2.23 2.27 2.59 2.26 2.13 1.99 2.27 1.92 1.95 1.88 2.68
Price to Earnings (P/E)
12.47 12.12 14.06 12.43 12.29 12.25 14.00 12.33 13.35 14.48 22.04
Dividend Yield
3.89% 4.12% 2.87% 3.06% 2.98% 2.79% 3.16% 3.48% 3.30% 3.40% 2.45%
Earnings Yield
8.02% 8.25% 7.11% 8.05% 8.14% 8.17% 7.14% 8.11% 7.49% 6.91% 4.54%
Enterprise Value to Invested Capital (EV/IC)
2.89 2.59 2.89 2.57 2.39 1.66 1.95 1.65 1.74 1.72 2.36
Enterprise Value to Revenue (EV/Rev)
2.25 2.32 2.64 2.31 2.17 2.13 2.38 2.06 2.06 1.98 2.79
Enterprise Value to EBITDA (EV/EBITDA)
5.39 5.37 6.12 5.33 5.00 5.05 5.64 4.96 5.05 4.87 7.05
Enterprise Value to EBIT (EV/EBIT)
7.81 7.97 9.31 8.16 7.90 8.41 9.52 8.78 9.20 9.01 13.80
Enterprise Value to NOPAT (EV/NOPAT)
12.01 11.78 13.57 11.98 11.84 12.32 14.12 12.91 13.70 14.27 21.81
Enterprise Value to Operating Cash Flow (EV/OCF)
6.60 6.81 7.78 6.59 5.95 6.04 6.59 6.11 6.28 6.16 9.35
Enterprise Value to Free Cash Flow (EV/FCFF)
13.40 21.78 24.47 19.12 17.92 0.00 0.00 0.00 0.00 11.17 20.25
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.40 0.38 0.37 0.37 0.37 0.38 0.36 0.36 0.36 0.36 0.36
Long-Term Debt to Equity
0.38 0.36 0.35 0.34 0.34 0.36 0.36 0.35 0.35 0.35 0.34
Financial Leverage
-0.01 0.02 0.03 0.04 0.03 0.10 0.09 0.09 0.08 0.11 0.10
Leverage Ratio
1.95 1.95 1.92 1.91 1.95 1.92 1.92 1.90 1.91 1.89 1.90
Compound Leverage Factor
1.86 1.86 1.83 1.81 1.84 1.80 2.00 1.95 1.99 1.21 1.93
Debt to Total Capital
28.53% 27.76% 27.19% 26.95% 26.84% 27.29% 26.72% 26.41% 26.56% 26.66% 26.55%
Short-Term Debt to Total Capital
1.32% 1.57% 1.64% 1.93% 1.93% 1.16% 0.68% 0.46% 1.15% 1.16% 1.21%
Long-Term Debt to Total Capital
27.22% 26.19% 25.54% 25.02% 24.92% 26.13% 26.03% 25.94% 25.41% 25.50% 25.34%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
71.47% 72.24% 72.81% 73.05% 73.16% 72.71% 73.28% 73.59% 73.44% 73.34% 73.45%
Debt to EBITDA
0.73 0.75 0.74 0.72 0.73 1.01 0.96 0.96 0.95 0.94 0.98
Net Debt to EBITDA
0.03 0.13 0.13 0.12 0.09 0.35 0.26 0.32 0.29 0.25 0.28
Long-Term Debt to EBITDA
0.70 0.71 0.70 0.67 0.68 0.97 0.93 0.95 0.91 0.90 0.93
Debt to NOPAT
1.63 1.64 1.64 1.62 1.74 2.47 2.40 2.51 2.57 2.74 3.03
Net Debt to NOPAT
0.08 0.28 0.29 0.27 0.22 0.85 0.66 0.83 0.78 0.73 0.86
Long-Term Debt to NOPAT
1.55 1.55 1.54 1.50 1.61 2.36 2.33 2.46 2.46 2.62 2.89
Altman Z-Score
3.58 3.39 3.62 3.42 3.24 2.49 2.73 2.55 2.62 2.63 3.08
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.66 1.43 1.35 1.33 1.30 1.29 1.27 1.27 1.32 1.30 1.29
Quick Ratio
1.46 1.21 1.13 1.10 1.08 1.06 1.02 1.01 1.00 1.07 1.07
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
1,756 -2,069 -2,315 -1,775 -1,410 -18,066 -16,477 -18,709 -18,223 4,618 2,747
Operating Cash Flow to CapEx
230.92% 183.76% 181.74% 165.96% 200.31% 136.17% 222.93% 135.08% 228.27% 306.89% 146.14%
Free Cash Flow to Firm to Interest Expense
9.05 -9.45 -11.29 -8.96 -7.46 -94.59 -80.38 -80.64 -81.72 23.68 13.87
Operating Cash Flow to Interest Expense
28.07 24.03 24.32 24.84 30.49 23.34 29.83 15.02 26.36 22.14 21.69
Operating Cash Flow Less CapEx to Interest Expense
15.91 10.95 10.94 9.87 15.27 6.20 16.45 3.90 14.81 14.93 6.85
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.66 0.62 0.62 0.63 0.60 0.52 0.54 0.54 0.55 0.50 0.49
Accounts Receivable Turnover
9.60 9.33 10.70 11.95 10.97 9.36 9.95 10.69 11.50 9.84 8.95
Inventory Turnover
21.43 18.38 17.20 17.51 16.04 13.78 13.63 13.21 14.13 13.29 12.79
Fixed Asset Turnover
0.97 0.87 0.85 0.87 0.84 0.69 0.72 0.71 0.74 0.66 0.64
Accounts Payable Turnover
4.79 4.26 4.54 4.80 4.38 3.96 3.59 3.78 3.97 3.99 3.34
Days Sales Outstanding (DSO)
38.02 39.14 34.11 30.54 33.27 38.99 36.68 34.13 31.73 37.09 40.77
Days Inventory Outstanding (DIO)
17.03 19.86 21.23 20.84 22.75 26.48 26.78 27.63 25.84 27.46 28.53
Days Payable Outstanding (DPO)
76.16 85.60 80.45 76.00 83.32 92.17 101.74 96.44 91.84 91.45 109.17
Cash Conversion Cycle (CCC)
-21.11 -26.60 -25.11 -24.61 -27.29 -26.69 -38.28 -34.68 -34.27 -26.90 -39.88
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
48,631 52,480 52,549 52,776 52,201 73,137 71,779 73,400 72,075 70,765 71,185
Invested Capital Turnover
1.30 1.18 1.15 1.16 1.14 0.91 0.95 0.93 0.98 0.86 0.84
Increase / (Decrease) in Invested Capital
1,217 5,302 4,989 4,234 3,570 20,657 19,230 20,624 19,874 -2,372 -594
Enterprise Value (EV)
140,483 135,977 152,083 135,843 124,576 121,558 140,166 121,117 125,289 121,954 167,993
Market Capitalization
139,597 132,776 148,859 132,812 122,256 113,217 133,625 113,289 118,137 115,676 161,349
Book Value per Share
$39.87 $41.50 $41.87 $42.53 $42.95 $56.30 $51.27 $51.94 $51.98 $52.19 $52.80
Tangible Book Value per Share
$39.87 $41.50 $41.87 $42.53 $42.95 $56.30 $51.27 $51.94 $51.98 $52.19 $52.80
Total Capital
66,808 68,216 67,742 68,097 68,185 89,120 89,022 89,101 88,405 87,931 87,868
Total Debt
19,063 18,937 18,417 18,352 18,304 24,324 23,784 23,529 23,482 23,444 23,327
Total Long-Term Debt
18,182 17,863 17,304 17,040 16,990 23,289 23,176 23,115 22,466 22,424 22,262
Net Debt
886 3,201 3,224 3,031 2,320 8,341 6,541 7,828 7,152 6,278 6,644
Capital Expenditures (CapEx)
2,358 2,864 2,743 2,964 2,877 3,273 2,743 2,580 2,575 1,407 2,939
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1,722 -1,207 -1,390 -1,295 -2,259 -1,556 -3,050 -1,973 -1,365 -2,401 -1,655
Debt-free Net Working Capital (DFNWC)
7,724 5,399 4,671 4,722 4,533 4,558 4,185 3,367 4,891 4,580 4,708
Net Working Capital (NWC)
6,843 4,325 3,558 3,410 3,219 3,523 3,577 2,953 3,875 3,560 3,643
Net Nonoperating Expense (NNE)
175 226 123 130 101 285 -96 -56 -75 804 -30
Net Nonoperating Obligations (NNO)
886 3,201 3,224 3,031 2,320 8,341 6,541 7,828 7,152 6,278 6,644
Total Depreciation and Amortization (D&A)
2,095 2,223 2,211 2,334 2,390 2,664 2,746 2,838 2,917 2,999 2,906
Debt-free, Cash-free Net Working Capital to Revenue
-2.75% -2.06% -2.42% -2.20% -3.93% -2.73% -5.17% -3.35% -2.25% -3.90% -2.75%
Debt-free Net Working Capital to Revenue
12.35% 9.22% 8.12% 8.03% 7.88% 8.00% 7.09% 5.72% 8.05% 7.44% 7.82%
Net Working Capital to Revenue
10.94% 7.38% 6.18% 5.80% 5.60% 6.19% 6.06% 5.02% 6.38% 5.78% 6.05%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$2.33 $2.53 $2.16 $1.99 $1.77 $1.90 $2.23 $1.56 $1.38 $1.19 $1.78
Adjusted Weighted Average Basic Shares Outstanding
1.20B 1.20B 1.18B 1.17B 1.16B 1.18B 1.27B 1.26B 1.25B 1.25B 1.22B
Adjusted Diluted Earnings per Share
$2.32 $2.52 $2.15 $1.98 $1.76 $1.92 $2.23 $1.56 $1.38 $1.18 $1.78
Adjusted Weighted Average Diluted Shares Outstanding
1.20B 1.21B 1.18B 1.17B 1.16B 1.18B 1.27B 1.26B 1.25B 1.25B 1.22B
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
1.19B 1.18B 1.17B 1.16B 1.15B 1.27B 1.26B 1.25B 1.24B 1.22B 1.22B
Normalized Net Operating Profit after Tax (NOPAT)
2,981 3,235 2,674 2,481 2,160 2,627 2,703 1,708 1,655 2,255 2,162
Normalized NOPAT Margin
20.05% 21.13% 18.47% 17.55% 15.88% 17.82% 16.36% 12.20% 11.01% 14.09% 13.72%
Pre Tax Income Margin
27.58% 27.86% 26.31% 25.88% 23.78% 20.15% 27.04% 21.54% 19.48% 14.03% 21.34%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
22.13 20.47 19.58 19.48 18.12 16.55 20.87 12.65 12.58 18.01 16.74
NOPAT to Interest Expense
15.33 14.76 13.04 12.42 11.43 13.57 13.43 8.25 7.40 11.52 10.87
EBIT Less CapEx to Interest Expense
9.98 7.39 6.20 4.51 2.89 -0.59 7.49 1.53 1.04 10.79 1.89
NOPAT Less CapEx to Interest Expense
3.17 1.69 -0.34 -2.55 -3.79 -3.57 0.05 -2.87 -4.15 4.30 -3.97
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
58.62% 50.95% 47.40% 42.90% 41.80% 39.44% 38.98% 41.25% 43.54% 50.01% 55.03%
Augmented Payout Ratio
121.54% 100.24% 94.86% 87.32% 88.18% 98.53% 98.06% 104.82% 110.71% 112.83% 116.81%

Financials Breakdown Chart

Key Financial Trends

Here are 10 key takeaways for ConocoPhillips (COP) drawn from the last four years of quarterly statements. Items are grouped from most positive to most negative, as requested.

  • COP’s quarterly cash flow from continuing operating activities remained robust in 2025, with Q1 around $6.12B, Q3 about $5.88B, and Q4 about $4.32B, signaling strong ongoing cash generation.
  • Free cash flow (operating cash flow minus capital expenditures) was positive in all four 2025 quarters, e.g., roughly $2.74B in Q1, $0.20B in Q2, $3.01B in Q3, and $1.30B in Q4, highlighting the company’s ability to fund dividends and buybacks from cash flow.
  • Dividend payouts remained sizable and stable, averaging about $1B per quarter in 2025 (for example, about $0.98–1.04B per quarter), supporting shareholder returns.
  • The balance sheet shows a strong equity base, with total equity around the mid-to-high $60B range in 2025 (e.g., roughly $65B), and a modest cash balance around $5–6B, indicating solid liquidity and capital base.
  • Profitability and margins exhibit commodity-cycle-driven variability: gross margins in 2025 quarters ranged roughly from the mid-50s to around 60%, reflecting cyclicality rather than a clear uptrend.
  • Capital expenditures remained substantial, typically around $2.7–$3.3B per quarter in 2025, underscoring ongoing investment in infrastructure and production capabilities.
  • Debt levels are sizable but historically manageable, with long-term debt generally in the $22–23B region and quarterly interest expense around $0.19–0.23B, suggesting leverage that is sensitive to rates but supported by strong cash flow.
  • Financing activities produced notable net outflows due to share repurchases and dividends, roughly in the $2–3B per quarter range in 2025, which can press cash balances during weaker periods.
  • Investing activities consistently reflected net cash outflows (capex and asset purchases), which, while expected for growth, dampen cash accumulation in the near term.
  • Overall profitability remains tied to commodity prices and macro cycles; despite positive quarterly net income in 2025, sustained earnings depend on oil/gas price levels and reserve development, introducing cyclic risk for equity holders.
05/17/26 04:38 PM ETAI Generated. May Contain Errors.

ConocoPhillips Financials - Frequently Asked Questions

According to the most recent income statement we have on file, ConocoPhillips' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

ConocoPhillips' net income appears to be on an upward trend, with a most recent value of $7.99 billion in 2025, falling from -$4.37 billion in 2015. The previous period was $9.25 billion in 2024. Check out ConocoPhillips' forecast to explore projected trends and price targets.

ConocoPhillips' total operating income in 2025 was $13.54 billion, based on the following breakdown:
  • Total Gross Profit: $37.08 billion
  • Total Operating Expenses: $23.54 billion

Over the last 10 years, ConocoPhillips' total revenue changed from $30.94 billion in 2015 to $61.55 billion in 2025, a change of 99.0%.

ConocoPhillips' total liabilities were at $57.45 billion at the end of 2025, a 0.9% decrease from 2024, and a 0.1% increase since 2015.

In the past 10 years, ConocoPhillips' cash and equivalents has ranged from $2.37 billion in 2015 to $6.50 billion in 2025, and is currently $6.50 billion as of their latest financial filing in 2025.

Over the last 10 years, ConocoPhillips' book value per share changed from 32.21 in 2015 to 52.19 in 2025, a change of 62.0%.



Financial statements for NYSE:COP last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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