What is ConocoPhillips's earnings per share (EPS)?

ConocoPhillips (COP) reported diluted earnings per share of $6.35 for fiscal year 2025. This represents a -18.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

ConocoPhillips Financials

COP

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows ConocoPhillips (COP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 50/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

ConocoPhillips's revenue grew 7.7% year-over-year to $58.9B, a solid pace of expansion. This earns a growth score of 46/100.

Leverage

ConocoPhillips carries a low D/E ratio of 0.35, meaning only $0.35 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 95/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

ConocoPhillips's current ratio of 1.30 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 21/100, which could limit financial flexibility.

Returns

ConocoPhillips's ROE of 12.4% shows moderate profitability relative to equity, earning a score of 39/100. This is down from 14.3% the prior year.

Piotroski F-Score Strong

7/9

ConocoPhillips passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

2.48x

For every $1 of reported earnings, ConocoPhillips generates $2.48 in operating cash flow ($19.8B OCF vs $8.0B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$58.9B

YoY+7.7%

5Y CAGR+25.7%

10Y CAGR+6.7%

ConocoPhillips generated $58.9B in revenue in fiscal year 2025. This represents an increase of 7.7% from the prior year.

EBITDA

N/A

Net Income

$8.0B

YoY-13.6%

ConocoPhillips reported $8.0B in net income in fiscal year 2025. This represents a decrease of 13.6% from the prior year.

EPS (Diluted)

$6.35

YoY-18.7%

ConocoPhillips earned $6.35 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 18.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$6.5B

YoY+15.9%

5Y CAGR+16.8%

10Y CAGR+10.6%

ConocoPhillips held $6.5B in cash against $22.4B in long-term debt as of fiscal year 2025.

Dividends Per Share

$3.18

YoY+26.2%

5Y CAGR+13.5%

10Y CAGR+0.8%

ConocoPhillips paid $3.18 per share in dividends in fiscal year 2025. This represents an increase of 26.2% from the prior year.

Shares Outstanding

1.22B

YoY-3.9%

5Y CAGR-2.0%

10Y CAGR-0.1%

ConocoPhillips had 1.22B shares outstanding in fiscal year 2025. This represents a decrease of 3.9% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

13.6%

YoY-3.3pp

5Y CAGR+27.9pp

10Y CAGR+27.9pp

ConocoPhillips's net profit margin was 13.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.3 percentage points from the prior year.

Return on Equity

12.4%

YoY-1.9pp

5Y CAGR+21.4pp

10Y CAGR+23.5pp

ConocoPhillips's ROE was 12.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 1.9 percentage points from the prior year.

Capital Allocation

R&D Spending

$78.0M

YoY-3.7%

5Y CAGR+0.8%

10Y CAGR-9.9%

ConocoPhillips invested $78.0M in research and development in fiscal year 2025. This represents a decrease of 3.7% from the prior year.

Share Buybacks

$5.0B

YoY-8.1%

5Y CAGR+41.3%

ConocoPhillips spent $5.0B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 8.1% from the prior year.

Capital Expenditures

N/A

COP Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$58.9B+7.7%	$54.7B-2.5%	$56.1B-28.5%	$78.5B+71.3%	$45.8B+144.0%	$18.8B
Cost of Revenue	$22.3B+11.6%	$20.0B-8.9%	$22.0B-35.3%	$34.0B+87.1%	$18.2B+124.8%	$8.1B
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$78.0M-3.7%	$81.0M0.0%	$81.0M+14.1%	$71.0M+14.5%	$62.0M-17.3%	$75.0M
SG&A Expenses	$893.0M-22.9%	$1.2B+64.3%	$705.0M+13.2%	$623.0M-13.4%	$719.0M+67.2%	$430.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$1.2B+25.0%	$941.0M+14.2%	$824.0M+4.2%	$791.0M-10.8%	$887.0M+12.6%	$788.0M
Income Tax	$4.7B+5.4%	$4.4B-17.0%	$5.3B-44.2%	$9.5B+106.1%	$4.6B+1055.3%	-$485.0M
Net Income	$8.0B-13.6%	$9.2B-15.6%	$11.0B-41.3%	$18.7B+131.2%	$8.1B+399.1%	-$2.7B
EPS (Diluted)	$6.35-18.7%	$7.81-13.8%	$9.06-37.8%	$14.57+140.0%	$6.07+341.8%	$-2.51

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$13.4B-10.9%	$15.0B+7.3%	$14.0B-15.2%	$16.5B+16.0%	$14.2B+9.2%	$13.0B-4.3%	$13.6B-1.6%	$13.8B
Cost of Revenue	$5.2B-11.3%	$5.9B+15.2%	$5.1B-17.8%	$6.2B+22.0%	$5.1B+6.9%	$4.7B-2.3%	$4.9B-8.9%	$5.3B
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$181.0M-33.2%	$271.0M+8.4%	$250.0M+30.9%	$191.0M-69.7%	$630.0M+238.7%	$186.0M+13.4%	$164.0M-7.9%	$178.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$516.0M+131.4%	$223.0M-3.9%	$232.0M+13.2%	$205.0M-41.3%	$349.0M+84.7%	$189.0M-4.5%	$198.0M-3.4%	$205.0M
Income Tax	$803.0M-33.2%	$1.2B+14.9%	$1.0B-35.3%	$1.6B+143.5%	$664.0M-43.5%	$1.2B-11.6%	$1.3B+5.8%	$1.3B
Net Income	$1.4B-16.5%	$1.7B-12.4%	$2.0B-30.8%	$2.8B+23.5%	$2.3B+12.0%	$2.1B-11.6%	$2.3B-8.7%	$2.6B
EPS (Diluted)	N/A	$1.38-11.5%	$1.56-30.0%	$2.23	N/A	$1.76-11.1%	$1.98-7.9%	$2.15

COP Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$121.9B-0.7%	$122.8B+28.0%	$95.9B+2.2%	$93.8B+3.5%	$90.7B+44.8%	$62.6B
Current Assets	$15.5B-0.7%	$15.6B+9.2%	$14.3B-23.6%	$18.7B+16.8%	$16.1B+33.0%	$12.1B
Cash & Equivalents	$6.5B+15.9%	$5.6B-0.5%	$5.6B-12.7%	$6.5B+28.4%	$5.0B+68.1%	$3.0B
Inventory	$1.9B+3.5%	$1.8B+29.4%	$1.4B+14.7%	$1.2B+0.9%	$1.2B+20.6%	$1.0B
Accounts Receivable	$4.4B-18.2%	$5.4B+22.3%	$4.4B-15.8%	$5.2B-0.5%	$5.3B+188.3%	$1.8B
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$57.5B-0.9%	$58.0B+24.3%	$46.6B+1.8%	$45.8B+1.3%	$45.3B+38.1%	$32.8B
Current Liabilities	$12.0B-1.3%	$12.1B+21.2%	$10.0B-22.1%	$12.8B+6.9%	$12.0B+124.0%	$5.4B
Long-Term Debt	$22.4B-3.7%	$23.3B+30.4%	$17.9B+10.1%	$16.2B-13.4%	$18.7B-1.9%	$19.1B
Total Equity	$64.5B-0.5%	$64.8B+31.5%	$49.3B+2.7%	$48.0B+5.7%	$45.4B+52.1%	$29.8B
Retained Earnings	$68.9B+6.2%	$64.9B+9.5%	$59.3B+11.8%	$53.0B+30.4%	$40.7B+15.5%	$35.2B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$121.9B-0.4%	$122.5B-0.1%	$122.6B-1.3%	$124.3B+1.2%	$122.8B+27.0%	$96.7B+0.7%	$96.0B+0.7%	$95.3B
Current Assets	$15.5B-2.2%	$15.9B+14.0%	$13.9B-17.5%	$16.9B+8.0%	$15.6B+11.9%	$14.0B+1.8%	$13.7B+0.1%	$13.7B
Cash & Equivalents	$6.5B+23.5%	$5.3B+7.3%	$4.9B-22.3%	$6.3B+12.5%	$5.6B+7.4%	$5.2B+21.6%	$4.3B-23.0%	$5.6B
Inventory	$1.9B+8.8%	$1.7B-9.3%	$1.9B+2.9%	$1.8B+1.9%	$1.8B+20.9%	$1.5B+3.4%	$1.4B+0.3%	$1.4B
Accounts Receivable	$4.4B-3.9%	$4.6B+1.3%	$4.5B-12.5%	$5.2B-3.9%	$5.4B+44.9%	$3.7B-13.8%	$4.3B-2.1%	$4.4B
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$57.5B-0.2%	$57.5B+0.9%	$57.0B-3.4%	$59.0B+1.8%	$58.0B+23.8%	$46.8B+1.2%	$46.2B+0.5%	$46.0B
Current Liabilities	$12.0B-0.3%	$12.0B+9.3%	$11.0B-17.6%	$13.3B+9.9%	$12.1B+12.6%	$10.8B+4.3%	$10.3B+1.6%	$10.2B
Long-Term Debt	$22.4B-0.2%	$22.5B-2.8%	$23.1B-0.3%	$23.2B-0.5%	$23.3B+37.1%	$17.0B-0.3%	$17.0B-1.5%	$17.3B
Total Equity	$64.5B-0.7%	$64.9B-1.0%	$65.6B+0.5%	$65.2B+0.7%	$64.8B+29.9%	$49.9B+0.3%	$49.7B+0.9%	$49.3B
Retained Earnings	$68.9B+0.6%	$68.5B+1.1%	$67.7B+1.5%	$66.7B+2.9%	$64.9B+2.2%	$63.5B+1.8%	$62.3B+2.3%	$60.9B

COP Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$19.8B-1.6%	$20.1B+0.8%	$20.0B-29.5%	$28.3B+66.6%	$17.0B+253.9%	$4.8B
Capital Expenditures	N/A	N/A	N/A	$10.2B+90.8%	$5.3B+12.9%	$4.7B
Free Cash Flow	N/A	N/A	N/A	$18.2B+55.5%	$11.7B+13316.1%	$87.0M
Investing Cash Flow	-$8.8B+20.8%	-$11.2B+7.1%	-$12.0B-37.3%	-$8.7B-2.3%	-$8.5B-107.3%	-$4.1B
Financing Cash Flow	-$10.1B-14.3%	-$8.8B-2.0%	-$8.7B+52.0%	-$18.1B-185.0%	-$6.3B-133.9%	-$2.7B
Dividends Paid	$4.0B+9.6%	$3.6B-34.7%	$5.6B-2.5%	$5.7B+142.7%	$2.4B+28.8%	$1.8B
Share Buybacks	$5.0B-8.1%	$5.5B+1.2%	$5.4B-41.7%	$9.3B+155.9%	$3.6B+306.2%	$892.0M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$4.3B-26.5%	$5.9B+68.7%	$3.5B-43.0%	$6.1B+37.2%	$4.5B-22.7%	$5.8B+17.2%	$4.9B-1.3%	$5.0B
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$850.0M+73.3%	-$3.2B-29.2%	-$2.5B-4.9%	-$2.3B-6.6%	-$2.2B+17.2%	-$2.7B+36.0%	-$4.2B-93.9%	-$2.1B
Financing Cash Flow	-$2.2B+7.1%	-$2.3B+6.4%	-$2.5B+20.8%	-$3.1B-77.3%	-$1.8B+19.5%	-$2.2B-7.6%	-$2.0B+27.7%	-$2.8B
Dividends Paid	$1.0B+6.5%	$975.0M-0.9%	$984.0M-1.4%	$998.0M+11.3%	$897.0M-1.4%	$910.0M-0.5%	$915.0M-1.0%	$924.0M
Share Buybacks	$1.0B-19.8%	$1.3B+4.3%	$1.2B-18.5%	$1.5B-23.1%	$1.9B+67.1%	$1.2B+14.3%	$1.0B-22.9%	$1.3B

COP Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	13.6%-3.3pp	16.9%-2.6pp	19.5%-4.3pp	23.8%+6.2pp	17.6%+32.0pp	-14.4%
Return on Equity	12.4%-1.9pp	14.3%-8.0pp	22.2%-16.7pp	38.9%+21.1pp	17.8%+26.8pp	-9.0%
Return on Assets	6.6%-1.0pp	7.5%-3.9pp	11.4%-8.5pp	19.9%+11.0pp	8.9%+13.2pp	-4.3%
Current Ratio	1.300.0	1.29-0.1	1.43-0.0	1.46+0.1	1.34-0.9	2.25
Debt-to-Equity	0.35-0.0	0.360.0	0.36+0.0	0.34-0.1	0.41-0.2	0.64
FCF Margin	N/A	N/A	N/A	23.1%-2.3pp	25.5%+25.0pp	0.5%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	10.8%-0.7pp	11.5%-2.6pp	14.1%-3.2pp	17.3%+1.0pp	16.2%+0.4pp	15.8%-1.3pp	17.1%-1.3pp	18.4%
Return on Equity	2.2%-0.4pp	2.7%-0.3pp	3.0%-1.4pp	4.4%+0.8pp	3.6%-0.6pp	4.1%-0.5pp	4.7%-0.5pp	5.2%
Return on Assets	1.2%-0.2pp	1.4%-0.2pp	1.6%-0.7pp	2.3%+0.4pp	1.9%-0.2pp	2.1%-0.3pp	2.4%-0.3pp	2.7%
Current Ratio	1.30-0.0	1.32+0.1	1.270.0	1.27-0.0	1.290.0	1.30-0.0	1.33-0.0	1.35
Debt-to-Equity	0.350.0	0.350.0	0.350.0	0.360.0	0.36+0.0	0.340.0	0.340.0	0.35
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is ConocoPhillips's annual revenue?

ConocoPhillips (COP) reported $58.9B in total revenue for fiscal year 2025. This represents a 7.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is ConocoPhillips's revenue growing?

ConocoPhillips (COP) revenue grew by 7.7% year-over-year, from $54.7B to $58.9B in fiscal year 2025.

Is ConocoPhillips profitable?

Yes, ConocoPhillips (COP) reported a net income of $8.0B in fiscal year 2025, with a net profit margin of 13.6%.

How much debt does ConocoPhillips have?

As of fiscal year 2025, ConocoPhillips (COP) had $6.5B in cash and equivalents against $22.4B in long-term debt.

What is ConocoPhillips's net profit margin?

ConocoPhillips (COP) had a net profit margin of 13.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does ConocoPhillips pay dividends?

Yes, ConocoPhillips (COP) paid $3.18 per share in dividends during fiscal year 2025.

What is ConocoPhillips's return on equity (ROE)?

ConocoPhillips (COP) has a return on equity of 12.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is ConocoPhillips's operating cash flow?

ConocoPhillips (COP) generated $19.8B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are ConocoPhillips's total assets?

ConocoPhillips (COP) had $121.9B in total assets as of fiscal year 2025, including both current and long-term assets.

How much does ConocoPhillips spend on research and development?

ConocoPhillips (COP) invested $78.0M in research and development during fiscal year 2025.

Does ConocoPhillips buy back shares?

Yes, ConocoPhillips (COP) spent $5.0B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does ConocoPhillips have outstanding?

ConocoPhillips (COP) had 1.22B shares outstanding as of fiscal year 2025.

What is ConocoPhillips's current ratio?

ConocoPhillips (COP) had a current ratio of 1.30 as of fiscal year 2025, which is considered adequate.

What is ConocoPhillips's debt-to-equity ratio?

ConocoPhillips (COP) had a debt-to-equity ratio of 0.35 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is ConocoPhillips's return on assets (ROA)?

ConocoPhillips (COP) had a return on assets of 6.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is ConocoPhillips's Piotroski F-Score?

ConocoPhillips (COP) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are ConocoPhillips's earnings high quality?

ConocoPhillips (COP) has an earnings quality ratio of 2.48x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is ConocoPhillips?

ConocoPhillips (COP) scores 50 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.