ConocoPhillips (COP) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$2.92	$3.24	+11.0%	—	—	—
Q3 26	$1.69	$1.89	+11.8%	—	—	—
Q2 26	$1.09	$1.02	-6.4%	—	—	—
Q1 26	$1.41	$1.61	+14.2%	—	—	—
Q4 25	$1.36	$1.42	+4.4%	—	—	—
Q3 25	$2.05	$2.09	+2.0%	—	—	—
Q2 25	$1.83	$1.98	+8.2%	—	—	—
Q1 25	$1.64	$1.78	+8.5%	—	—	—
Q4 24	$1.95	$1.98	+1.5%	—	—	—
Q3 24	$2.03	$2.03	0.0%	—	—	—
Q2 24	$2.17	$2.4	+10.6%	—	—	—
Q1 24	$2.09	$2.16	+3.3%	—	—	—
Q4 23	$1.96	$1.84	-6.1%	—	—	—
Q3 23	$2.07	$2.38	+15.0%	—	—	—
Q2 23	$2.88	$2.71	-5.9%	—	—	—
Q1 23	$3.44	$3.6	+4.7%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$6.36	—	—	$58.9B	—
FY24	—	$7.82	—	—	$54.7B	—
FY23	—	$9.08	—	—	$56.1B	—
FY22	—	$14.6	—	—	$78.5B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$23.7B	$29.1B	$36.4B	$32.6B	$18.8B	$45.8B	$78.5B	$56.1B	$54.7B	$58.9B
YoY change	-19.9%	+22.8%	+25.1%	-10.6%	-42.3%	+144%	+71.3%	-28.5%	-2.49%	+7.67%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	23.7B	29.1B	36.4B	32.6B	18.8B	45.8B	78.5B	56.1B	54.7B	58.9B
Cost of revenue	24.7B	24.5B	25.5B	23.3B	17.9B	31.1B	48.5B	37.9B	38.4B	44.2B
Gross profit	-1B	4.6B	11B	9.3B	841M	14.8B	30B	18.2B	16.4B	14.8B
Gross margin	-4.25%	15.9%	30.1%	28.6%	4.48%	32.2%	38.2%	32.4%	29.9%	25.1%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	473M	427M	401M	556M	430M	719M	623M	705M	1.2B	893M
Operating expenses	2.4B	1.4B	770M	1.3B	1.9B	1.1B	1.2B	1.1B	1.5B	1.3B
Operating income	-4.1B	2.5B	9.1B	7.1B	-1.8B	12.1B	25.5B	15B	12.8B	11.3B
Operating margin	-17.4%	8.43%	25.1%	21.7%	-9.58%	26.3%	32.4%	26.8%	23.4%	19.2%
Non-operating income, net	213M	-3.7B	1.8B	3.4B	-382M	1.7B	3.6B	1.9B	1.6B	2.2B
Pretax income	-5.5B	-2.6B	10B	9.5B	-3.1B	12.7B	28.2B	16.3B	13.7B	12.7B
Income tax	-2B	-1.8B	3.7B	2.3B	-485M	4.6B	9.5B	5.3B	4.4B	4.7B
Net income	-3.6B	-793M	6.3B	7.3B	-2.7B	8.1B	18.7B	11B	9.2B	8B
Net margin	-15%	-2.72%	17.3%	22.3%	-14.1%	17.6%	23.8%	19.5%	16.9%	13.6%
EBITDA	5B	10.1B	16.4B	14.6B	4.5B	20.2B	35.7B	25.7B	24.4B	24.9B
EPS	-2.91	-0.7	5.36	6.43	-2.51	6.09	14.6	9.08	7.82	6.36
Diluted EPS	-2.91	-0.7	5.32	6.4	-2.51	6.07	14.6	9.06	7.81	6.35

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	14.3B	14.7B	13.8B	13.6B	13B	14.2B	16.5B	14B	15B	13.4B	15.8B	19.2B
Cost of revenue	9.6B	9.9B	9.6B	9.4B	9.4B	10B	11.4B	10.5B	11.4B	10.8B	11.5B	12.1B
Gross profit	4.6B	4.8B	4.3B	4.3B	3.6B	4.2B	5.1B	3.5B	3.6B	2.6B	4.3B	7B
Gross margin	32.4%	32.6%	31%	31.3%	27.9%	29.4%	30.7%	25.1%	24.1%	19.2%	27.3%	36.7%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	169M	172M	178M	164M	186M	630M	191M	250M	271M	181M	193M	188M
Operating expenses	261M	257M	290M	266M	256M	701M	308M	331M	342M	319M	302M	263M
Operating income	3.8B	4.1B	3.4B	3.5B	2.9B	3B	4.2B	2.6B	2.8B	1.8B	3.4B	6B
Operating margin	26.8%	27.8%	24.9%	25.4%	22.3%	20.8%	25.5%	18.6%	18.3%	13.1%	21.5%	31.2%
Non-operating income, net	542M	62M	650M	475M	593M	-123M	547M	738M	487M	464M	271M	384M
Pretax income	4.1B	4.3B	3.8B	3.7B	3.2B	3B	4.5B	3B	2.9B	2.2B	3.4B	6.1B
Income tax	1.3B	1.3B	1.3B	1.3B	1.2B	664M	1.6B	1B	1.2B	803M	1.2B	2.2B
Net income	2.8B	3B	2.6B	2.3B	2.1B	2.3B	2.8B	2B	1.7B	1.4B	2.2B	3.9B
Net margin	19.6%	20.4%	18.4%	17.1%	15.8%	16.2%	17.2%	14.1%	11.5%	10.8%	13.9%	20.5%
EBITDA	6.5B	6.9B	6.2B	6.3B	5.9B	6B	7.5B	5.9B	6.2B	5.3B	6.6B	9.3B
EPS	2.33	2.53	2.16	1.99	1.77	1.9	2.23	1.56	1.38	1.17	1.78	3.23
Diluted EPS	2.32	2.52	2.15	1.98	1.76	1.9	2.23	1.56	1.38	1.17	1.78	3.23

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	62.4B	67B	72.7B	72.7B	43.1B	—	150.3B	139.6B	116.9B	117.2B	151.4B
Enterprise value	86.1B	76.6B	80.1B	77.3B	50.6B	—	157.7B	151.9B	135.1B	133.7B	168.5B
Shares outstanding	1.2B	1.2B	1.2B	1.1B	1.1B	1.3B	1.3B	1.2B	1.2B	1.3B	1.3B

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	11.5	10	—	—	8.05	12.7	12.6	14.7	16.8
P/S	2.64	2.3	2	2.23	2.3	—	1.92	2.49	2.14	1.99	2.37
P/B	1.77	2.18	2.27	2.07	1.44	—	3.13	2.83	1.8	1.82	2.34
EV/EBITDA	17.3	7.55	4.88	5.31	11.3	—	4.42	5.92	5.54	5.37	6.29
EV/Sales	3.63	2.63	2.2	2.37	2.7	—	2.01	2.71	2.47	2.27	2.62
Earnings yield	—	—	8.67%	9.99%	—	—	12.4%	7.85%	7.91%	6.82%	5.94%
FCF yield	-0.75%	3.71%	8.5%	6.15%	0.2%	—	12.1%	6.24%	6.85%	6.18%	5.08%
PEG	—	—	—	—	—	—	—	—	—	—	0.16

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	-4.25%	15.9%	30.1%	28.6%	4.48%	32.2%	38.2%	32.4%	29.9%	25.1%	36.7%
Operating margin	-17.4%	8.43%	25.1%	21.7%	-9.58%	26.3%	32.4%	26.8%	23.4%	19.2%	31.5%
Net margin	-15%	-2.72%	17.3%	22.3%	-14.1%	17.6%	23.8%	19.5%	16.9%	13.6%	14.4%
ROE	-10.1%	-2.57%	19.7%	20.7%	-8.89%	17.8%	38.9%	22.2%	14.3%	12.4%	14.2%
ROA	-3.96%	-1.08%	9.01%	10.3%	-4.24%	8.91%	19.9%	11.4%	7.53%	6.55%	7.53%
ROIC	-7.02%	6.07%	14.7%	13.5%	-4.82%	13.1%	30.4%	16.4%	10.4%	8.84%	10.9%
Return on tangible assets	-3.96%	-1.08%	9.01%	10.3%	-4.24%	8.91%	19.9%	11.4%	7.53%	6.55%	7.47%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.25	1.76	1.79	2.4	2.25	1.34	1.46	1.43	1.29	1.3	1.54
Quick ratio	1.1	1.64	1.66	2.26	2.06	1.23	1.36	1.29	1.14	1.14	1.39
Debt / equity	0.77	0.64	0.47	0.42	0.51	0.44	0.35	0.38	0.38	0.36	0.36
Debt / assets	0.3	0.27	0.21	0.21	0.25	0.22	0.18	0.2	0.2	0.19	0.19
Net debt / EBITDA	4.76	0.95	0.45	0.32	1.67	0.66	0.21	0.48	0.75	0.66	0.57
Interest coverage	-2.31	-0.79	10.2	9.63	-1.97	12.3	27.8	16.3	13.3	11.3	13.4
Effective tax rate	0%	0%	36.8%	23.8%	0%	36.4%	33.8%	32.7%	32.4%	36.9%	36.5%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	19	23.8	31.2	29.1	17.4	34.6	61.6	46.7	46.4	47.1	52.5
EPS (basic)	-2.91	-0.7	5.36	6.43	-2.51	6.09	14.6	9.08	7.82	6.36	6.36
EPS (diluted)	-2.91	-0.7	5.32	6.4	-2.51	6.07	14.6	9.06	7.81	6.35	7.56
Book value per share	28.3	25.2	27.5	31.4	27.7	34.3	37.7	41	55	51.5	54.4
FCF per share	-0.37	2.04	5.3	4	0.08	8.81	14.3	7.25	6.79	5.78	8.29
Cash per share	2.94	8.27	6.54	9.15	7.29	4.98	7.25	5.49	5.19	5.58	6.4
Capex per share	1.03	11.4	0.93	—	—	—	—	—	—	10	9.77

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	5.43%	47.6%	2.97%	—	—	—	—	—	—	21.3%	18.7%
Capex / operating cash flow	25%	631.7%	8.31%	—	—	—	—	—	—	63.4%	54.1%
Payout ratio	-35.2%	-164.6%	21.6%	20.7%	-69%	29.2%	30.7%	51%	39.4%	50%	43.6%
Dividend yield	2.01%	1.95%	1.87%	2.06%	4.25%	—	3.81%	4%	3.12%	3.41%	2.67%

Yield

2.67%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.84

ex-dividend Aug 17, 2026

Payout ratio

44%

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 17, 2026	$0.84
May 11, 2026	$0.84
Feb 18, 2026	$0.84

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$14.3B	$14.7B	$13.8B	$13.6B	$13B	$14.2B	$16.5B	$14B	$15B	$13.4B	$15.8B	$19.2B
YoY change	-32.2%	-20.6%	-6.5%	+10.3%	-8.48%	-3.35%	+19.3%	+2.82%	+15.3%	-5.93%	-4.58%	+36.8%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	3.7B	10.1B	7.6B	10.2B	7.9B	6.6B	9.2B	6.6B	6.1B	7B
Receivables	3.4B	4.3B	4.1B	3.4B	2.8B	6.7B	7.1B	5.5B	6.7B	5.8B
Inventory	1B	1.1B	1B	1B	1B	1.2B	1.2B	1.4B	1.8B	1.9B
Total current assets	8.6B	16.5B	13.3B	16.9B	12.1B	16.1B	18.7B	14.3B	15.6B	15.5B
Property, plant & equipment	58.3B	45.7B	45.7B	42.3B	39.9B	64.9B	64.9B	70B	94.4B	93.2B
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	89.8B	73.4B	70B	70.5B	62.6B	90.7B	93.8B	95.9B	122.8B	121.9B
Accounts payable	3.7B	4B	3.9B	3.2B	2.7B	5B	6.2B	5.1B	6B	6.2B
Short-term debt	1.1B	2.6B	112M	105M	619M	1.2B	417M	1.1B	1B	1B
Total current liabilities	6.9B	9.4B	7.4B	7B	5.4B	12B	12.8B	10B	12.1B	12B
Long-term debt	26.2B	17.1B	14.9B	14.8B	14.8B	18.7B	16.2B	17.9B	23.3B	22.4B
Total liabilities	54.5B	42.6B	37.9B	35.5B	32.8B	45.3B	45.8B	46.6B	58B	57.5B
Shareholders' equity	35.2B	30.8B	32.1B	35B	29.8B	45.4B	48B	49.3B	64.8B	64.5B
Total debt	27.3B	19.7B	15B	14.9B	15.4B	19.9B	16.6B	18.9B	24.3B	23.4B
Net debt	23.7B	13.4B	9.1B	9.8B	12.4B	14.9B	10.2B	13.3B	18.7B	16.9B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	9.4B	6.6B	6.1B	6B	6.8B	6.1B	7.2B	5.3B	6.3B	7B	6.4B	7.7B
Receivables	5.7B	5.5B	5.5B	5.3B	4.8B	6.7B	6.4B	5.7B	5.7B	5.8B	7B	7B
Inventory	1.3B	1.4B	1.4B	1.4B	1.5B	1.8B	1.8B	1.9B	1.7B	1.9B	1.9B	1.9B
Total current assets	17.2B	14.3B	13.7B	13.7B	14B	15.6B	16.9B	13.9B	15.9B	15.5B	16.2B	19.2B
Property, plant & equipment	-71.6B	70B	-75.7B	-77.9B	-79.5B	94.4B	-82.9B	-86.5B	-87.5B	93.2B	-93.5B	-93.5B
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	93.7B	95.9B	95.3B	96B	96.7B	122.8B	124.3B	122.6B	122.5B	121.9B	122.7B	124.3B
Accounts payable	5.1B	5.1B	5.1B	5.2B	5.2B	6B	7.3B	6.5B	6.2B	6.2B	7B	6.8B
Short-term debt	881M	1.1B	1.1B	1.3B	1.3B	1B	608M	414M	1B	1B	1.1B	462M
Total current liabilities	10.3B	10B	10.2B	10.3B	10.8B	12.1B	13.3B	11B	12B	12B	12.6B	12.5B
Long-term debt	18.2B	17.9B	17.3B	17B	17B	23.3B	23.2B	23.1B	22.5B	22.4B	22.3B	22.8B
Total liabilities	45.9B	46.6B	46B	46.2B	46.8B	58B	59B	57B	57.5B	57.5B	58.2B	58.9B
Shareholders' equity	47.7B	49.3B	49.3B	49.7B	49.9B	64.8B	65.2B	65.6B	64.9B	64.5B	64.5B	65.3B
Total debt	19.1B	18.9B	18.4B	18.4B	18.3B	24.3B	23.8B	23.5B	23.5B	23.4B	23.3B	23.3B
Net debt	10.2B	13.3B	12.8B	14.1B	13.1B	18.7B	17.5B	18.6B	18.2B	16.9B	17.4B	16.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-3.6B	-793M	6.3B	7.3B	-2.7B	8.1B	18.7B	11B	9.2B	8B
Depreciation & amortization	9.1B	6.8B	6B	6.1B	5.5B	7.3B	7.8B	8.4B	9.6B	11.7B
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	340M	-676M	269M	60M	247M	-1.3B	-100M	112M	-873M	475M
Operating cash flow	5.1B	2.2B	13B	13.4B	3.7B	14.9B	28.8B	20.7B	18.8B	19.8B
Capital expenditure	1.3B	13.9B	1.1B	—	—	—	—	—	—	-12.6B
Investing cash flow	2.3B	28B	4B	18M	594M	-3.2B	1.4B	-752M	968M	-8.8B
Dividends paid	-1.3B	-1.3B	-1.4B	-1.5B	-1.8B	-2.4B	-5.7B	-5.6B	-3.6B	-4B
Share repurchases	-189M	-3.1B	-3B	-3.5B	-897M	-3.6B	-9.3B	-5.5B	-5.5B	-5.1B
Financing cash flow	764M	-12.4B	-9.4B	-5.2B	-2.7B	-6.3B	-18.1B	-8.7B	-8.8B	-10.1B
Net change in cash	8.3B	17.8B	7.6B	8.1B	1.5B	5.3B	12.2B	11.3B	11B	858M
Free cash flow	-466M	2.5B	6.2B	4.5B	87M	11.7B	18.2B	8.7B	8B	7.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	2.8B	3B	2.6B	2.3B	2.1B	2.3B	2.8B	2B	1.7B	1.4B	2.2B	3.9B
Depreciation & amortization	2.1B	2.2B	2.2B	2.4B	2.4B	2.7B	2.8B	2.9B	3B	3.1B	2.9B	3B
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-413M	-84M	-216M	124M	531M	-1.3B	772M	90M	-103M	-284M	-673M	-100M
Operating cash flow	4.9B	5.4B	4.7B	5.1B	5.1B	4B	6.3B	3.5B	5.9B	4.3B	4.3B	7.4B
Capital expenditure	—	—	—	—	—	—	—	-3.3B	-2.9B	-3B	-2.9B	-3B
Investing cash flow	-150M	-2.5B	370M	17M	63M	103M	1.4B	-2.9B	-2.6B	-850M	-2.8B	-2.9B
Dividends paid	-1.3B	-1.4B	-924M	-915M	-910M	-897M	-998M	-984M	-975M	-1B	-1B	-1B
Share repurchases	-1.3B	-1.1B	-1.4B	-1B	-1.2B	-2B	-1.6B	-1.2B	-1.3B	-1.1B	-1B	-2B
Financing cash flow	29M	-2.6B	-2.8B	-2B	-2.2B	-1.8B	-3.1B	-2.5B	-2.3B	-2.2B	-2.2B	-3.2B
Net change in cash	4.8B	271M	2.2B	3.1B	2.9B	2.3B	4.6B	-1.9B	923M	1.3B	-669M	1.4B
Free cash flow	2.9B	2.4B	2.1B	1.9B	2.8B	1.1B	2.7B	199M	3B	1.3B	1.3B	4.4B

Date	Ratio
May 1, 2012	1311791:1000000
Jun 2, 2005	2:1
Jul 5, 1985	3:1

ConocoPhillips Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history