Coterra Energy (CTRA) Financials

$32.25 -0.31 (-0.95%)

Closing price 05/7/2026

Extended Trading

$32.25 0.00 (0.00%)

As of 05/7/2026 04:00 AM Eastern

Annual Income Statements for Coterra Energy

This table shows Coterra Energy's 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	-114	-417	100	557	681	201	1,158	4,065	1,625	1,121	1,717
Consolidated Net Income / (Loss)	-114	-417	100	557	681	201	1,158	4,065	1,625	1,121	1,717
Net Income / (Loss) Continuing Operations	-114	-417	100	557	681	201	1,158	4,065	1,625	1,121	1,717
Total Pre-Tax Income	-187	-660	-228	698	900	242	1,502	5,169	2,128	1,345	2,263
Total Operating Income	-95	-562	-151	771	875	296	1,564	5,209	2,154	1,389	2,452
Total Gross Profit	776	608	1,268	1,438	1,414	822	2,630	7,636	4,377	3,824	5,533
Total Revenue	1,357	1,156	1,764	2,188	2,066	1,466	3,449	9,051	5,914	5,458	7,645
Operating Revenue	1,290	1,195	1,764	2,144	1,985	1,405	3,670	9,514	5,684	5,461	7,294
Other Revenue	68	-39	-	44	81	61	-221	-463	230	-3.00	351
Total Cost of Revenue	581	548	497	751	652	644	819	1,415	1,537	1,634	2,112
Operating Cost of Revenue	581	548	497	751	652	644	819	1,415	1,537	1,634	2,112
Total Operating Expenses	871	1,170	1,419	667	539	526	1,066	2,427	2,223	2,435	3,081
Selling, General & Admin Expense	68	86	98	97	95	106	270	396	291	302	323
Exploration Expense	27	28	22	114	20	15	18	29	20	25	27
Depreciation Expense	622	590	569	417	406	391	693	1,635	1,641	1,840	2,370
Other Operating Expenses / (Income)	43	29	236	23	17	14	83	366	283	271	366
Other Special Charges / (Income)	-3.87	1.86	12	16	1.00	0.00	2.00	1.00	-12	-3.00	-5.00
Total Other Income / (Expense), net	-92	-97	-77	-73	25	-54	-62	-40	-26	-44	-189
Interest Expense	97	93	82	73	55	54	62	52	73	106	205
Interest & Investment Income	6.42	-2.48	-	1.14	81	-	0.00	10	47	62	14
Other Income / (Expense), net	-1.45	-1.61	4.96	-0.46	-1.00	0.00	0.00	2.00	0.00	0.00	2.00
Income Tax Expense	-73	-242	-329	141	219	41	344	1,104	503	224	546
Basic Earnings per Share	($0.28)	($0.91)	$0.22	$1.25	$1.64	$0.50	$2.30	$5.09	$2.14	$1.51	$2.25
Weighted Average Basic Shares Outstanding	413.70M	456.85M	463.74M	445.54M	416M	399M	503M	796M	756M	742M	761M
Diluted Earnings per Share	($0.28)	($0.91)	$0.22	$1.24	$1.63	$0.50	$2.29	$5.08	$2.13	$1.50	$2.24
Weighted Average Diluted Shares Outstanding	413.70M	456.85M	465.55M	447.57M	418M	401M	504M	799M	760M	745M	764M
Weighted Average Basic & Diluted Shares Outstanding	406.80M	458.40M	456.30M	423.37M	398.58M	399.42M	813.76M	768.26M	751.85M	764.15M	759.27M
Cash Dividends to Common per Share	$0.08	$0.08	$0.17	$0.25	$0.35	$0.40	$1.12	$2.49	$1.17	$0.84	$0.88

This table shows Coterra Energy's 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	323	416	352	220	252	297	516	511	322	368	466
Consolidated Net Income / (Loss)	323	416	352	220	252	297	516	511	322	368	466
Net Income / (Loss) Continuing Operations	323	416	352	220	252	297	516	511	322	368	466
Total Pre-Tax Income	417	569	437	281	319	308	657	658	423	525	603
Total Operating Income	424	577	440	296	327	326	702	708	471	571	646
Total Gross Profit	984	1,189	1,027	869	949	979	1,406	1,458	1,547	1,122	1,389
Total Revenue	1,356	1,596	1,433	1,271	1,359	1,395	1,904	1,965	1,817	1,959	1,947
Operating Revenue	1,353	1,495	1,433	1,287	1,295	1,446	2,016	1,733	1,755	1,790	2,381
Other Revenue	3.00	101	0.00	-16	64	-51	-112	232	62	169	-434
Total Cost of Revenue	372	407	406	402	410	416	498	507	270	837	558
Operating Cost of Revenue	372	407	406	402	410	416	498	507	270	837	558
Total Operating Expenses	560	612	587	573	622	653	704	750	1,076	551	743
Selling, General & Admin Expense	79	78	75	68	75	84	92	84	83	64	79
Exploration Expense	5.00	6.00	5.00	5.00	9.00	6.00	10	4.00	7.00	6.00	5.00
Depreciation Expense	421	456	432	447	475	486	506	579	619	666	555
Other Operating Expenses / (Income)	62	72	74	54	66	77	96	87	368	-185	101
Other Special Charges / (Income)	-7.00	-	1.00	-1.00	-3.00	-	0.00	-4.00	-1.00	-	3.00
Total Other Income / (Expense), net	-7.00	-8.00	-3.00	-15	-8.00	-18	-45	-50	-48	-46	-43
Interest Expense	17	23	19	34	24	29	53	53	50	49	46
Interest & Investment Income	10	15	16	19	16	11	8.00	2.00	2.00	2.00	3.00
Income Tax Expense	94	153	85	61	67	11	141	147	101	157	137
Basic Earnings per Share	$0.43	$0.55	$0.47	$0.30	$0.34	$0.40	$0.68	$0.67	$0.42	$0.48	$0.61
Weighted Average Basic Shares Outstanding	753M	756M	750M	742M	738M	742M	756M	763M	763M	761M	759M
Diluted Earnings per Share	$0.42	$0.56	$0.47	$0.29	$0.34	$0.40	$0.68	$0.67	$0.42	$0.47	$0.61
Weighted Average Diluted Shares Outstanding	758M	760M	755M	748M	744M	745M	761M	767M	767M	764M	763M
Weighted Average Basic & Diluted Shares Outstanding	752.19M	751.85M	744.23M	739.27M	736.61M	764.15M	763.26M	763.14M	761.38M	759.27M	759.36M
Cash Dividends to Common per Share	$0.20	-	$0.21	$0.21	$0.21	-	$0.22	$0.22	$0.22	-	$0.22

This table details how cash moves in and out of Coterra Energy's 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	-20	498	-18	-478	212	-62	894	-363	282	1,312	-2,158
Net Cash From Operating Activities	750	397	898	1,105	1,445	778	1,667	5,456	3,658	2,795	4,021
Net Cash From Continuing Operating Activities	750	397	898	1,105	1,445	778	1,667	5,456	3,658	2,795	4,021
Net Income / (Loss) Continuing Operations	-114	-417	100	557	681	201	1,158	4,065	1,625	1,121	1,717
Consolidated Net Income / (Loss)	-114	-417	100	557	681	201	1,158	4,065	1,625	1,121	1,717
Depreciation Expense	622	590	569	417	406	391	693	1,635	1,641	1,840	2,370
Amortization Expense	4.45	5.08	4.77	4.63	4.00	3.00	-10	-40	-18	-12	-15
Non-Cash Adjustments To Reconcile Net Income	316	474	623	60	26	18	-156	-253	99	164	-188
Changes in Operating Assets and Liabilities, net	-79	-255	-399	66	328	165	-18	49	311	-318	137
Net Cash From Investing Activities	-993	-353	-706	-293	-543	-584	313	-1,674	-2,059	-1,762	-5,628
Net Cash From Continuing Investing Activities	-993	-353	-706	-293	-543	-584	313	-1,674	-2,059	-1,762	-5,628
Purchase of Property, Plant & Equipment	-972	-375	-765	-894	-788	-576	-728	-1,710	-2,099	-1,771	-2,387
Acquisitions	-29	-28	-57	-77	-9.00	-	-	-	0.00	0.00	-3,238
Purchase of Investments	-	-	-	-	-	-	-	0.00	0.00	-250	0.00
Sale and/or Maturity of Investments	-	-	0.00	0.00	2.00	-9.00	-	0.00	0.00	250	0.00
Other Investing Activities, net	-	-	-	-	-	-	-	-	40	9.00	-3.00
Net Cash From Financing Activities	223	454	-211	-1,289	-690	-256	-1,086	-4,145	-1,317	279	-551
Net Cash From Continuing Financing Activities	223	454	-211	-1,289	-690	-256	-1,086	-4,145	-1,317	279	-551
Repayment of Debt	-612	-590	0.00	-455	-108	-283	-294	-903	-22	-631	-1,474
Repurchase of Common Equity	0.00	0.00	-124	-873	-520	0.00	0.00	-1,250	-405	-455	-141
Payment of Dividends	-33	-36	-79	-111	-146	-159	-780	-1,992	-890	-625	-682
Issuance of Debt	877	90	0.05	158	95	196	100	0.00	0.00	1,990	1,746

This table details how cash moves in and out of Coterra Energy's 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	6.00	109	333	-219	-231	1,429	-2,056	-5.00	-113	16	371
Net Cash From Operating Activities	758	760	856	558	755	626	1,144	936	971	970	1,646
Net Cash From Continuing Operating Activities	758	760	856	558	755	626	1,144	936	971	970	1,646
Net Income / (Loss) Continuing Operations	323	416	352	220	252	297	516	511	322	368	466
Consolidated Net Income / (Loss)	323	416	352	220	252	297	516	511	322	368	466
Depreciation Expense	421	456	432	447	475	486	506	579	619	666	555
Amortization Expense	-3.00	-5.00	-4.00	-5.00	-4.00	1.00	-3.00	-6.00	-3.00	-3.00	-5.00
Non-Cash Adjustments To Reconcile Net Income	63	-41	39	64	-16	77	105	-186	-14	-93	352
Changes in Operating Assets and Liabilities, net	-46	-66	37	-168	48	-235	20	38	47	32	278
Net Cash From Investing Activities	-541	-470	-708	-480	-139	-435	-3,728	-642	-663	-595	-756
Net Cash From Continuing Investing Activities	-541	-470	-708	-480	-139	-435	-3,728	-642	-663	-595	-756
Purchase of Property, Plant & Equipment	-548	-470	-458	-481	-396	-436	-509	-640	-644	-594	-670
Acquisitions	-	-	0.00	-	-	-	-3,219	-3.00	-16	-	0.00
Other Investing Activities, net	-	-	-	-	-	-	0.00	-	1.00	-1.00	-86
Net Cash From Financing Activities	-211	-181	185	-297	-847	1,238	528	-299	-421	-359	-519
Net Cash From Continuing Financing Activities	-211	-181	185	-297	-847	1,238	528	-299	-421	-359	-519
Repayment of Debt	-2.00	-10	-6.00	-2.00	-567	-56	-249	-455	-340	-430	-468
Repurchase of Common Equity	-59	-20	-150	-140	-111	-54	-24	-23	-4.00	-90	-35
Payment of Dividends	-151	-151	-158	-156	-156	-155	-178	-168	-168	-168	-169
Issuance of Debt	-	-	499	-	-12	1,503	1,000	350	96	300	169
Other Financing Activities, net	-	-	0.00	1.00	-	-	-21	-3.00	-5.00	-	-16

This table presents Coterra Energy's 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	5,253	5,123	4,727	4,199	4,487	4,524	19,900	20,154	20,415	21,625	24,241
Total Current Assets	145	716	765	545	568	416	2,136	2,211	2,015	3,321	1,849
Cash & Equivalents	0.51	499	480	2.29	200	140	1,036	673	956	2,038	114
Restricted Cash	-	-	-	0.00	14	12	10	10	9.00	239	5.00
Accounts Receivable	120	191	216	362	209	215	1,037	1,221	843	951	1,208
Inventories, net	17	13	8.01	11	14	15	39	63	59	46	48
Current Deferred & Refundable Income Taxes	4.32	10	57	109	130	6.00	0.00	89	51	20	201
Other Current Assets	2.67	2.69	2.79	1.86	1.68	2.00	14	155	97	27	273
Plant, Property, & Equipment, net	4,977	4,250	3,072	3,464	3,856	4,045	17,375	17,479	17,933	17,890	22,058
Total Noncurrent Assets	131	157	890	191	63	63	389	464	467	414	334
Other Noncurrent Operating Assets	28	27	25	27	63	63	389	464	467	414	334
Total Liabilities & Shareholders' Equity	5,253	5,123	4,727	4,199	4,487	4,524	19,900	20,154	20,415	21,625	24,241
Total Liabilities	3,244	2,555	2,203	2,111	2,336	2,308	8,112	7,484	7,368	8,495	9,395
Total Current Liabilities	236	258	630	287	328	390	1,220	1,193	1,660	1,136	1,557
Short-Term Debt	20	0.00	304	0.00	87	188	-	0.00	575	0.00	250
Accounts Payable	160	168	238	242	190	162	747	844	803	833	1,056
Accrued Expenses	25	21	27	25	31	22	260	328	261	276	197
Other Current Nonoperating Liabilities	30	28	30	20	20	18	25	21	21	27	54
Total Noncurrent Liabilities	3,008	2,297	1,573	1,823	2,008	1,918	6,892	6,291	5,708	7,359	7,838
Long-Term Debt	1,996	1,521	1,218	1,226	1,133	946	3,125	2,181	1,586	3,535	3,568
Asset Retirement Reserve & Litigation Obligation	144	132	44	51	72	85	259	271	280	291	329
Noncurrent Deferred & Payable Income Tax Liabilities	807	579	227	459	702	774	3,101	3,339	3,413	3,274	3,703
Other Noncurrent Operating Liabilities	26	29	40	60	68	82	407	500	429	259	238
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-	-	-	-	-	-	50	11	8.00	8.00	8.00
Total Equity & Noncontrolling Interests	2,009	2,568	2,524	2,088	2,151	2,216	11,738	12,659	13,039	13,122	14,838
Total Preferred & Common Equity	2,009	2,568	2,524	2,088	2,151	2,216	11,738	12,659	13,039	13,122	14,838
Total Common Equity	2,009	2,568	2,524	2,088	2,151	2,216	11,738	12,659	13,039	13,122	14,838
Common Stock	764	1,775	1,790	1,811	1,830	1,852	11,000	8,010	7,662	7,253	7,930
Retained Earnings	1,552	1,099	1,162	1,608	2,143	2,185	2,563	4,636	5,366	5,857	6,894
Accumulated Other Comprehensive Income / (Loss)	-0.37	0.99	2.08	4.44	1.36	2.00	1.00	13	11	12	14

This table presents Coterra Energy's 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	19,879	20,101	20,415	20,953	20,764	20,126	21,625	23,951	23,982	24,007	24,627
Total Current Assets	1,640	1,713	2,015	2,550	2,337	1,735	3,321	1,446	1,522	1,526	1,968
Cash & Equivalents	841	847	956	1,289	1,070	843	2,038	186	192	98	485
Restricted Cash	9.00	9.00	9.00	9.00	9.00	5.00	239	35	24	5.00	5.00
Accounts Receivable	604	727	843	878	857	764	951	1,139	1,051	1,012	1,259
Inventories, net	65	64	59	52	45	46	46	57	57	61	38
Current Deferred & Refundable Income Taxes	18	15	51	0.00	69	7.00	20	4.00	85	210	57
Other Current Assets	103	51	97	72	37	70	27	25	113	140	124
Plant, Property, & Equipment, net	17,801	17,928	17,933	17,959	17,996	17,941	17,890	22,081	22,097	22,167	22,179
Total Noncurrent Assets	438	460	467	444	431	450	414	424	363	314	480
Other Noncurrent Operating Assets	438	460	467	444	431	450	414	424	363	314	480
Total Liabilities & Shareholders' Equity	19,879	20,101	20,415	20,953	20,764	20,126	21,625	23,951	23,982	24,007	24,627
Total Liabilities	7,212	7,304	7,368	7,856	7,727	7,084	8,495	9,719	9,418	9,281	9,513
Total Current Liabilities	941	1,640	1,660	1,709	1,665	1,080	1,136	1,608	1,352	1,489	1,958
Short-Term Debt	-	575	575	575	575	0.00	0.00	-	-	250	250
Accounts Payable	626	643	803	788	775	773	833	1,180	1,081	1,027	1,316
Accrued Expenses	294	316	261	280	285	291	276	296	201	187	367
Other Current Nonoperating Liabilities	21	15	21	17	30	16	27	41	70	25	25
Total Noncurrent Liabilities	6,271	5,664	5,708	6,147	6,062	6,004	7,359	8,111	8,066	7,792	7,555
Long-Term Debt	2,171	1,592	1,586	2,076	2,071	2,066	3,535	4,280	4,175	3,672	3,263
Asset Retirement Reserve & Litigation Obligation	277	278	280	283	286	288	291	314	316	326	337
Noncurrent Deferred & Payable Income Tax Liabilities	3,367	3,358	3,413	3,391	3,390	3,359	3,274	3,285	3,331	3,555	3,722
Other Noncurrent Operating Liabilities	456	436	429	397	315	291	259	232	244	239	233
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00
Total Equity & Noncontrolling Interests	12,659	12,789	13,039	13,089	13,029	13,034	13,122	14,224	14,556	14,718	15,106
Total Preferred & Common Equity	12,659	12,789	13,039	13,089	13,029	13,034	13,122	14,224	14,556	14,718	15,106
Total Common Equity	12,659	12,789	13,039	13,089	13,029	13,034	13,122	14,224	14,556	14,718	15,106
Common Stock	7,715	7,676	7,662	7,520	7,398	7,307	7,253	8,005	7,996	8,007	7,899
Retained Earnings	4,931	5,101	5,366	5,558	5,620	5,716	5,857	6,203	6,544	6,696	7,193
Accumulated Other Comprehensive Income / (Loss)	13	12	11	11	11	11	12	16	16	15	14

This table displays calculated financial ratios and metrics derived from Coterra Energy's 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	-	-	-	-	-	-	-	-	-	-	761,377,552.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	761,377,552.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	2.26
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	-67	-394	-106	615	662	246	1,206	4,096	1,645	1,158	1,860
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	27.60%	10.82%	6.95%	9.97%
Earnings before Interest and Taxes (EBIT)	-97	-564	-146	770	874	296	1,564	5,211	2,154	1,389	2,454
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	530	31	427	1,192	1,284	690	2,247	6,806	3,777	3,217	4,809
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-319	70	637	249	596	233	-9,496	3,799	1,570	1,007	-2,324
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,952	3,488	2,745	3,111	3,178	3,190	13,892	14,189	14,264	14,415	18,599
Increase / (Decrease) in Invested Capital	253	-464	-743	366	66	12	10,702	297	75	151	4,184
Book Value per Share	$4.85	$5.52	$5.46	$4.84	$5.27	$5.56	$14.43	$16.06	$17.33	$17.81	$19.49
Tangible Book Value per Share	$4.85	$5.52	$5.46	$4.84	$5.27	$5.56	$14.43	$16.06	$17.33	$17.81	$19.49
Total Capital	4,025	4,088	4,046	3,314	3,372	3,350	14,913	14,851	15,208	16,665	18,664
Total Debt	2,016	1,521	1,522	1,226	1,220	1,134	3,125	2,181	2,161	3,535	3,818
Total Long-Term Debt	1,996	1,521	1,218	1,226	1,133	946	3,125	2,181	1,586	3,535	3,568
Net Debt	1,912	892	956	1,003	1,006	956	2,079	1,498	1,196	1,258	3,699
Capital Expenditures (CapEx)	964	325	649	216	785	575	720	1,674	2,059	1,762	2,387
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-71	-40	-41	197	113	36	-130	335	-35	-92	423
Debt-free Net Working Capital (DFNWC)	-71	458	439	257	327	214	916	1,018	930	2,185	542
Net Working Capital (NWC)	-91	458	135	257	240	26	916	1,018	355	2,185	292
Net Nonoperating Expense (NNE)	47	23	-206	58	-19	45	48	31	20	37	143
Net Nonoperating Obligations (NNO)	1,942	920	221	1,023	1,026	974	2,104	1,519	1,217	1,285	3,753
Total Depreciation and Amortization (D&A)	627	595	574	422	410	394	683	1,595	1,623	1,828	2,355
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.28)	($0.91)	$0.00	$1.25	$1.64	$0.50	$2.30	$5.09	$2.14	$1.51	$2.25
Adjusted Weighted Average Basic Shares Outstanding	413.70M	456.85M	0.00	445.54M	415.51M	398.52M	503M	796M	756M	742M	761M
Adjusted Diluted Earnings per Share	($0.28)	($0.91)	$0.00	$1.24	$1.63	$0.50	$2.29	$5.08	$2.13	$1.50	$2.24
Adjusted Weighted Average Diluted Shares Outstanding	413.70M	456.85M	0.00	447.57M	417.45M	400.52M	504M	799M	760M	745M	764M
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	414.06M	475.14M	0.00	423.37M	398.58M	399.42M	813.76M	768.26M	751.85M	764.15M	759.27M
Normalized Net Operating Profit after Tax (NOPAT)	11	-87	240	628	663	246	1,207	4,097	1,636	1,155	1,857
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from Coterra Energy's 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	-	-	-	-	-	-	-	-	-	761,377,552.00	759,272,715.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	761,377,552.00	759,272,715.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	0.48	0.61
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-46.19%	-30.00%	-19.36%	7.26%	0.22%	-12.59%	32.87%	54.60%	33.70%	-	2.26%
EBITDA Growth	-55.96%	-40.54%	-30.11%	10.98%	-5.23%	-20.91%	38.82%	73.71%	36.22%	-	-0.75%
EBIT Growth	-71.85%	-55.44%	-49.83%	7.25%	-22.88%	-43.50%	59.55%	139.53%	44.04%	-	-7.98%
NOPAT Growth	-72.38%	-59.34%	-47.95%	8.47%	-21.35%	-25.48%	55.56%	137.26%	38.80%	-	-9.45%
Net Income Growth	-72.99%	-59.69%	-48.01%	5.26%	-21.98%	-28.61%	46.59%	132.27%	27.78%	-	-9.69%
EPS Growth	-72.00%	-57.58%	-46.59%	7.41%	-19.05%	-28.57%	44.68%	131.03%	23.53%	-	-10.29%
Operating Cash Flow Growth	-57.20%	-48.79%	-42.70%	-13.62%	-0.40%	-17.63%	33.64%	67.74%	28.61%	-	43.88%
Free Cash Flow Firm Growth	103.43%	-53.17%	-101.31%	-130.57%	-68.51%	-52.90%	-99,345.62%	-2,454.28%	-3,836.68%	-	118.78%
Invested Capital Growth	-0.04%	0.53%	2.58%	2.68%	1.08%	1.06%	28.94%	29.26%	30.08%	-	-0.93%
Revenue Q/Q Growth	14.43%	17.70%	-10.21%	-11.31%	6.92%	2.65%	36.49%	3.20%	-7.53%	-	-0.61%
EBITDA Q/Q Growth	26.62%	22.09%	-15.56%	-14.98%	8.13%	1.88%	48.22%	6.39%	-15.21%	-	-3.08%
EBIT Q/Q Growth	53.62%	36.08%	-23.74%	-32.73%	10.47%	-0.31%	115.34%	1.00%	-33.57%	-	13.13%
NOPAT Q/Q Growth	53.72%	28.45%	-15.99%	-34.61%	11.47%	21.69%	75.39%	-0.27%	-34.79%	-	24.73%
Net Income Q/Q Growth	54.55%	28.79%	-15.38%	-37.50%	14.55%	17.86%	73.74%	-0.97%	-36.99%	-	26.63%
EPS Q/Q Growth	55.56%	33.33%	-16.07%	-38.30%	17.24%	17.65%	70.00%	-1.47%	-37.31%	-	29.79%
Operating Cash Flow Q/Q Growth	17.34%	0.26%	12.63%	-34.81%	35.30%	-17.09%	82.75%	-18.18%	3.74%	-	69.69%
Free Cash Flow Firm Q/Q Growth	-28.64%	3.72%	-101.03%	-3,897.64%	173.52%	55.11%	-2,281.51%	-2.68%	-7.55%	-	117.69%
Invested Capital Q/Q Growth	0.81%	1.00%	-0.33%	1.17%	-0.75%	0.97%	27.17%	1.42%	-0.12%	-	-2.35%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	72.57%	74.50%	71.67%	68.37%	69.83%	70.18%	73.84%	74.20%	85.14%	-	71.34%
EBITDA Margin	62.09%	64.41%	60.57%	58.06%	58.72%	58.28%	63.29%	65.24%	59.82%	-	61.43%
Operating Margin	31.27%	36.15%	30.70%	23.29%	24.06%	23.37%	36.87%	36.03%	25.92%	-	33.18%
EBIT Margin	31.27%	36.15%	30.70%	23.29%	24.06%	23.37%	36.87%	36.08%	25.92%	-	33.18%
Profit (Net Income) Margin	23.82%	26.07%	24.56%	17.31%	18.54%	21.29%	27.10%	26.01%	17.72%	-	23.93%
Tax Burden Percent	77.46%	73.11%	80.55%	78.29%	79.00%	96.43%	78.54%	77.66%	76.12%	-	77.28%
Interest Burden Percent	98.35%	98.61%	99.32%	94.93%	97.55%	94.48%	93.59%	92.81%	89.81%	-	93.34%
Effective Tax Rate	22.54%	26.89%	19.45%	21.71%	21.00%	3.57%	21.46%	22.34%	23.88%	-	22.72%
Return on Invested Capital (ROIC)	11.31%	10.99%	9.81%	7.26%	7.58%	8.58%	10.55%	11.24%	8.51%	-	10.80%
ROIC Less NNEP Spread (ROIC-NNEP)	10.92%	10.56%	9.61%	6.39%	7.08%	7.19%	9.20%	9.79%	7.07%	-	9.87%
Return on Net Nonoperating Assets (RNNOA)	1.19%	1.12%	0.87%	0.67%	0.70%	0.69%	1.76%	1.91%	1.29%	-	2.41%
Return on Equity (ROE)	12.51%	12.11%	10.68%	7.93%	8.28%	9.26%	12.31%	13.15%	9.80%	-	13.21%
Cash Return on Invested Capital (CROIC)	16.05%	11.03%	6.84%	6.77%	7.84%	7.02%	-16.96%	-15.37%	-15.34%	-	10.84%
Operating Return on Assets (OROA)	10.21%	10.54%	8.32%	6.48%	6.77%	6.07%	9.74%	10.68%	8.32%	-	10.50%
Return on Assets (ROA)	7.78%	7.60%	6.66%	4.82%	5.22%	5.53%	7.16%	7.70%	5.69%	-	7.58%
Return on Common Equity (ROCE)	12.50%	12.10%	10.68%	7.93%	8.27%	9.26%	12.30%	13.14%	9.80%	-	13.20%
Return on Equity Simple (ROE_SIMPLE)	17.52%	0.00%	9.93%	10.06%	9.51%	0.00%	9.03%	0.00%	0.00%	-	0.00%
Net Operating Profit after Tax (NOPAT)	328	422	354	232	258	314	551	550	359	400	499
NOPAT Margin	24.22%	26.43%	24.73%	18.23%	19.01%	22.53%	28.96%	27.98%	19.73%	-	25.64%
Net Nonoperating Expense Percent (NNEP)	0.39%	0.43%	0.21%	0.87%	0.49%	1.39%	1.35%	1.44%	1.44%	-	0.93%
Return On Investment Capital (ROIC_SIMPLE)	-	2.78%	-	-	-	1.89%	2.98%	2.94%	1.92%	2.15%	2.68%
Cost of Revenue to Revenue	27.43%	25.50%	28.33%	31.63%	30.17%	29.82%	26.16%	25.80%	14.86%	-	28.66%
SG&A Expenses to Revenue	5.83%	4.89%	5.23%	5.35%	5.52%	6.02%	4.83%	4.27%	4.57%	-	4.06%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Operating Expenses to Revenue	41.30%	38.35%	40.96%	45.08%	45.77%	46.81%	36.97%	38.17%	59.22%	-	38.16%
Earnings before Interest and Taxes (EBIT)	424	577	440	296	327	326	702	709	471	571	646
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	842	1,028	868	738	798	813	1,205	1,282	1,087	1,234	1,196
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.55	1.43	1.58	1.51	1.36	1.43	1.55	1.33	1.23	-	1.77
Price to Tangible Book Value (P/TBV)	1.55	1.43	1.58	1.51	1.36	1.43	1.55	1.33	1.23	-	1.77
Price to Revenue (P/Rev)	3.00	3.14	3.70	3.48	3.13	3.45	3.72	2.92	2.55	-	3.47
Price to Earnings (P/E)	8.83	11.44	15.87	15.01	14.28	16.78	17.19	12.29	10.96	-	16.01
Dividend Yield	2.86%	3.24%	2.95%	3.86%	3.47%	3.29%	2.94%	3.39%	3.68%	-	2.50%
Earnings Yield	11.33%	8.74%	6.30%	6.66%	7.00%	5.96%	5.82%	8.14%	9.12%	-	6.25%
Enterprise Value to Invested Capital (EV/IC)	1.49	1.39	1.53	1.46	1.33	1.39	1.43	1.26	1.18	-	1.64
Enterprise Value to Revenue (EV/Rev)	3.20	3.35	3.90	3.71	3.35	3.68	4.41	3.52	3.09	-	3.86
Enterprise Value to EBITDA (EV/EBITDA)	4.71	5.24	6.39	6.04	5.52	6.24	7.36	5.70	4.99	-	6.19
Enterprise Value to EBIT (EV/EBIT)	7.35	9.19	12.66	12.09	11.54	14.46	15.84	11.31	9.91	-	12.40
Enterprise Value to NOPAT (EV/NOPAT)	9.34	12.03	16.49	15.71	14.95	17.34	19.29	13.94	12.32	-	16.43
Enterprise Value to Operating Cash Flow (EV/OCF)	4.82	5.41	7.20	7.16	6.46	7.18	8.48	6.74	5.95	-	6.57
Enterprise Value to Free Cash Flow (EV/FCFF)	9.31	12.60	22.64	21.84	17.01	19.95	0.00	0.00	0.00	-	15.02
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.17	0.17	0.20	0.20	0.16	0.27	0.30	0.29	0.27	-	0.23
Long-Term Debt to Equity	0.12	0.12	0.16	0.16	0.16	0.27	0.30	0.29	0.25	-	0.22
Financial Leverage	0.11	0.11	0.09	0.10	0.10	0.10	0.19	0.19	0.18	-	0.24
Leverage Ratio	1.59	1.58	1.60	1.58	1.56	1.61	1.64	1.62	1.59	-	1.66
Compound Leverage Factor	1.56	1.56	1.59	1.50	1.52	1.52	1.54	1.50	1.43	-	1.55
Debt to Total Capital	14.48%	14.21%	16.83%	16.87%	13.67%	21.21%	23.12%	22.28%	21.03%	-	18.86%
Short-Term Debt to Total Capital	3.84%	3.78%	3.65%	3.67%	0.00%	0.00%	0.00%	0.00%	1.34%	-	1.34%
Long-Term Debt to Total Capital	10.64%	10.43%	13.18%	13.21%	13.67%	21.21%	23.12%	22.28%	19.69%	-	17.52%
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%
Noncontrolling Interests to Total Capital	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.04%	0.04%	0.04%	-	0.04%
Common Equity to Total Capital	85.47%	85.74%	83.12%	83.08%	86.27%	78.74%	76.84%	77.68%	78.93%	-	81.10%
Debt to EBITDA	0.48	0.57	0.78	0.76	0.60	1.10	1.20	1.02	0.89	-	0.73
Net Debt to EBITDA	0.29	0.32	0.32	0.38	0.35	0.39	1.14	0.97	0.87	-	0.63
Long-Term Debt to EBITDA	0.36	0.42	0.61	0.60	0.60	1.10	1.20	1.02	0.84	-	0.68
Debt to NOPAT	0.96	1.31	2.01	1.98	1.63	3.05	3.16	2.49	2.21	-	1.94
Net Debt to NOPAT	0.58	0.73	0.84	0.99	0.96	1.09	2.99	2.36	2.15	-	1.67
Long-Term Debt to NOPAT	0.70	0.96	1.57	1.55	1.63	3.05	3.16	2.49	2.07	-	1.80
Altman Z-Score	2.38	2.29	2.33	2.26	2.27	2.13	2.06	2.00	1.92	-	2.49
Noncontrolling Interest Sharing Ratio	0.07%	0.07%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	-	0.05%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.04	1.21	1.49	1.40	1.61	2.92	0.90	1.13	1.02	-	1.01
Quick Ratio	0.96	1.08	1.41	1.31	1.49	2.63	0.82	0.92	0.75	-	0.89
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	334	347	-3.58	-143	105	163	-3,564	-3,659	-3,935	-3,784	669
Operating Cash Flow to CapEx	140.11%	161.70%	186.90%	116.25%	194.09%	143.91%	224.75%	146.25%	150.78%	-	245.67%
Free Cash Flow to Firm to Interest Expense	19.67	15.08	-0.19	-4.21	4.39	5.63	-67.24	-69.04	-78.71	-	14.55
Operating Cash Flow to Interest Expense	44.59	33.04	45.05	16.41	31.46	21.59	21.58	17.66	19.42	-	35.78
Operating Cash Flow Less CapEx to Interest Expense	12.76	12.61	20.95	2.29	15.25	6.59	11.98	5.58	6.54	-	21.22
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.33	0.29	0.27	0.28	0.28	0.26	0.26	0.30	0.32	-	0.32
Accounts Receivable Turnover	6.15	5.73	6.74	7.74	7.59	6.08	5.88	6.94	7.97	-	6.41
Inventory Turnover	24.55	25.20	29.13	28.85	29.55	31.12	31.67	35.90	31.61	-	45.73
Fixed Asset Turnover	0.37	0.33	0.31	0.32	0.32	0.30	0.30	0.33	0.35	-	0.35
Accounts Payable Turnover	1.80	1.87	1.94	2.27	2.30	2.00	1.75	1.97	1.88	-	1.74
Days Sales Outstanding (DSO)	59.36	63.69	54.16	47.14	48.08	59.99	62.09	52.58	45.77	-	56.92
Days Inventory Outstanding (DIO)	14.87	14.49	12.53	12.65	12.35	11.73	11.53	10.17	11.55	-	7.98
Days Payable Outstanding (DPO)	203.15	195.56	188.07	161.11	159.03	182.72	208.09	184.99	194.26	-	209.72
Cash Conversion Cycle (CCC)	-128.92	-117.38	-121.38	-101.32	-98.59	-111.01	-134.48	-122.25	-136.94	-	-144.82
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	14,123	14,264	14,217	14,384	14,276	14,415	18,332	18,593	18,570	18,599	18,162
Invested Capital Turnover	0.47	0.42	0.40	0.40	0.40	0.38	0.36	0.40	0.43	-	0.42
Increase / (Decrease) in Invested Capital	-6.00	75	358	375	153	151	4,115	4,209	4,294	4,184	-170
Enterprise Value (EV)	21,107	19,786	21,743	21,000	18,932	20,079	26,151	23,339	21,875	-	29,712
Market Capitalization	19,788	18,582	20,632	19,675	17,706	18,813	22,084	19,372	18,048	-	26,681
Book Value per Share	$16.94	$17.33	$17.45	$17.51	$17.63	$17.81	$18.61	$19.07	$19.29	$19.49	$19.90
Tangible Book Value per Share	$16.94	$17.33	$17.45	$17.51	$17.63	$17.81	$18.61	$19.07	$19.29	$19.49	$19.90
Total Capital	14,964	15,208	15,748	15,683	15,108	16,665	18,512	18,739	18,648	18,664	18,627
Total Debt	2,167	2,161	2,651	2,646	2,066	3,535	4,280	4,175	3,922	3,818	3,513
Total Long-Term Debt	1,592	1,586	2,076	2,071	2,066	3,535	4,280	4,175	3,672	3,568	3,263
Net Debt	1,311	1,196	1,103	1,317	1,218	1,258	4,059	3,959	3,819	3,699	3,023
Capital Expenditures (CapEx)	541	470	458	480	389	435	509	640	644	594	670
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-208	-35	-132	-82	-193	-92	-383	-46	184	423	-230
Debt-free Net Working Capital (DFNWC)	648	930	1,416	1,247	655	2,185	-162	170	287	542	260
Net Working Capital (NWC)	73	355	841	672	655	2,185	-162	170	37	292	10
Net Nonoperating Expense (NNE)	5.42	5.85	2.42	12	6.32	17	35	39	37	32	33
Net Nonoperating Obligations (NNO)	1,326	1,217	1,120	1,347	1,234	1,285	4,100	4,029	3,844	3,753	3,048
Total Depreciation and Amortization (D&A)	418	451	428	442	471	487	503	573	616	663	550
Debt-free, Cash-free Net Working Capital to Revenue	-3.15%	-0.59%	-2.37%	-1.45%	-3.41%	-1.69%	-6.46%	-0.69%	2.60%	-	-2.99%
Debt-free Net Working Capital to Revenue	9.82%	15.73%	25.42%	22.05%	11.57%	40.03%	-2.73%	2.57%	4.05%	-	3.38%
Net Working Capital to Revenue	1.11%	6.00%	15.10%	11.88%	11.57%	40.03%	-2.73%	2.57%	0.52%	-	0.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.43	$0.55	$0.47	$0.30	$0.34	$0.40	$0.68	$0.67	$0.42	$0.48	$0.61
Adjusted Weighted Average Basic Shares Outstanding	753M	756M	750M	742M	738M	742M	756M	763M	763M	761M	759M
Adjusted Diluted Earnings per Share	$0.42	$0.56	$0.47	$0.29	$0.34	$0.40	$0.68	$0.67	$0.42	$0.47	$0.61
Adjusted Weighted Average Diluted Shares Outstanding	758M	760M	755M	748M	744M	745M	761M	767M	767M	764M	763M
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	752.19M	751.85M	744.23M	739.27M	736.61M	764.15M	763.26M	763.14M	761.38M	759.27M	759.36M
Normalized Net Operating Profit after Tax (NOPAT)	323	422	355	231	256	314	551	547	358	400	502
Normalized NOPAT Margin	23.82%	26.43%	24.79%	18.17%	18.83%	22.53%	28.96%	27.82%	19.69%	-	25.76%
Pre Tax Income Margin	30.75%	35.65%	30.50%	22.11%	23.47%	22.08%	34.51%	33.49%	23.28%	-	30.97%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	24.94	25.09	23.16	8.71	13.63	11.24	13.25	13.38	9.42	-	14.04
NOPAT to Interest Expense	19.32	18.34	18.65	6.82	10.76	10.84	10.40	10.37	7.17	-	10.85
EBIT Less CapEx to Interest Expense	-6.88	4.65	-0.95	-5.41	-2.58	-3.76	3.64	1.30	-3.46	-	-0.52
NOPAT Less CapEx to Interest Expense	-12.50	-2.09	-5.45	-7.30	-5.45	-4.16	0.80	-1.70	-5.71	-	-3.71
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	56.76%	54.77%	47.08%	46.99%	50.08%	55.75%	50.19%	41.69%	40.64%	-	40.37%
Augmented Payout Ratio	96.70%	79.69%	69.15%	75.21%	84.11%	96.34%	75.80%	55.14%	47.02%	-	49.49%

Financials Breakdown Chart

Key Financial Trends

Coterra Energy (NYSE: CTRA) has shown solid profitability and strong quarterly cash generation in 2025, supported by steady revenue and disciplined capital allocation. While earnings have shown some quarterly volatility, the company consistently converts a healthy portion of revenue into operating cash and positive free cash flow. Below are the key trends drawn from the quarterly statements over the last four years, focused on the most relevant points for retail investors.

Strong net income from continuing operations in 2025: Q1 2025 $516M, Q2 2025 $511M, Q3 2025 $322M, Q4 2025 $368M. Four-quarter total from continuing operations is about $1.72B, signaling solid profitability amid commodity cycles.
Robust operating cash flow (OCF) in 2025: Net cash from continuing operating activities ranges roughly from $0.936B to $1.144B per quarter (Q1 $1.144B, Q2 $0.936B, Q3 $0.971B, Q4 $0.970B), underscoring strong cash generation ability.
Positive free cash flow (FCF) in all 2025 quarters: Calculated as OCF minus purchases of PP&E, with example quarters around +$0.63B (Q1), +$0.30B (Q2), +$0.33B (Q3), and +$0.38B (Q4). This supports deleveraging and shareholder-friendly actions while funding ongoing capex.
Consistent dividend per share of $0.22: Cash dividends per share reported at $0.22 across multiple quarters in 2025 (Q1–Q4), indicating ongoing shareholder returns.
Stable topline with 2025 quarterly revenues around $1.8–$2.0B: Q4 2025 total revenue $1.959B, with Q2 $1.965B and Q1 $1.904B; Q3 was $1.817B. This shows a generally steady revenue base through 2025.
Healthy but variable gross margins: Q4 2025 gross profit about $1.122B on $1.959B revenue (roughly mid-50s percent margin). Margins are generally robust across recent quarters, though the exact rate shifts with commodity prices and costs.
Balance sheet supports an equity cushion and manageable liabilities: as of mid-2025, total equity around $14.7B and total assets near $24.0B, with total liabilities around $9.3B, indicating a solid equity base relative to liabilities.
Debt activity shows some deleveraging in 2025: Long-term debt declined from about $4.18B in Q2 2025 to about $3.67B in Q3 2025; there was debt issuance (e.g., $300M in Q4 2025) alongside repayments, suggesting active balance-sheet management rather than a one-way trend.
Quarterly earnings volatility; Q3 2025 dipped vs Q1/Q2: Net income from continuing operations dropped to $322M in Q3 2025 after $511M in Q2 2025, highlighting cyclicality inherent in the sector.
Financing outflows reduce cash balance over time: Net cash from financing activities was negative in several quarters (e.g., Q4 2025 and prior periods), reflecting debt service and shareholder returns that dampen near-term liquidity buffers.
Cash on hand remains modest at times: Cash & equivalents were around $100M–$200M in several mid-2025 quarters, suggesting limited excess liquidity beyond ongoing cash flow generation and debt management.

05/14/26 06:04 PM ETAI Generated. May Contain Errors.

Coterra Energy Financials - Frequently Asked Questions

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

Coterra Energy's net income appears to be on an upward trend, with a most recent value of $1.72 billion in 2025, falling from -$113.89 million in 2015. The previous period was $1.12 billion in 2024. Check out Coterra Energy's forecast to explore projected trends and price targets.

Coterra Energy's total operating income in 2025 was $2.45 billion, based on the following breakdown:

Total Gross Profit: $5.53 billion
Total Operating Expenses: $3.08 billion

Over the last 10 years, Coterra Energy's total revenue changed from $1.36 billion in 2015 to $7.65 billion in 2025, a change of 463.3%.

Coterra Energy's total liabilities were at $9.40 billion at the end of 2025, a 10.6% increase from 2024, and a 189.6% increase since 2015.

In the past 10 years, Coterra Energy's cash and equivalents has ranged from $514 thousand in 2015 to $2.04 billion in 2024, and is currently $114 million as of their latest financial filing in 2025.

Over the last 10 years, Coterra Energy's book value per share changed from 4.85 in 2015 to 19.49 in 2025, a change of 301.4%.

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Financial statements for NYSE:CTRA last updated on 5/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Coterra Energy (CTRA) Financials

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Coterra Energy (CTRA) Financials

Annual Income Statements for Coterra Energy

Quarterly Income Statements for Coterra Energy

Annual Cash Flow Statements for Coterra Energy

Quarterly Cash Flow Statements for Coterra Energy

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Quarterly Balance Sheets for Coterra Energy

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Quarterly Metrics And Ratios for Coterra Energy

Financials Breakdown Chart

Key Financial Trends

Coterra Energy Financials - Frequently Asked Questions

When does Coterra Energy's financial year end?

How has Coterra Energy's net income changed over the last 10 years?

What is Coterra Energy's operating income?

How has Coterra Energy's revenue changed over the last 10 years?

How much debt does Coterra Energy have?

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How has Coterra Energy's book value per share changed over the last 10 years?

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