financial statements

The full income statement, balance sheet, and cash-flow statement for ConocoPhillips (COP), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	51.8B YoY+4.9%	49.4B YoY+1.8%	48.5B YoY-20.5%	61.0B YoY+76.5%	34.6B YoY+153.2%
Cost of revenue	22.3B YoY+11.6%	20.0B YoY-8.9%	22.0B YoY-35.3%	34.0B YoY+87.1%	18.2B YoY+124.8%
Research & development	78.0M YoY-3.7%	81.0M YoY+0.0%	81.0M YoY+14.1%	71.0M YoY+14.5%	62.0M YoY-17.3%
Selling, general & administrative	893M YoY-22.9%	1.16B YoY+64.3%	705M YoY+13.2%	623M YoY-13.4%	719M YoY+67.2%
Interest & investment income	311M YoY-22.6%	402M YoY-2.4%	412M YoY+111.3%	195M YoY+490.9%	33.0M YoY-67.0%
Other non-operating income	-20.0M YoY+89.0%	-181M YoY-8950.0%	-2.00M YoY-104.3%	47.0M YoY+146.1%	-102M YoY-684.6%
Equity-method income	1.33B YoY-21.7%	1.71B YoY-0.9%	1.72B YoY-17.3%	2.08B YoY+150.1%	832M YoY+92.6%
Pre-tax income	12.7B YoY-7.4%	13.7B YoY-16.1%	16.3B YoY-42.3%	28.2B YoY+122.1%	12.7B YoY+504.8%
Income tax	4.67B YoY+5.4%	4.43B YoY-17.0%	5.33B YoY-44.2%	9.55B YoY+106.1%	4.63B YoY+1055.3%
	7.99B YoY-13.6%	9.24B YoY-15.6%	11.0B YoY-41.3%	18.7B YoY+131.2%	8.08B YoY+399.1%
Net income to non-controlling interest	—	—	—	0.00	0.00 YoY-100.0%
Net income to common	7.96B YoY-13.6%	9.22B YoY-15.6%	10.9B YoY-41.3%	18.6B YoY+131.0%	8.06B YoY+397.7%
	$6.35 YoY-18.7%	$7.81 YoY-13.8%	$9.06 YoY-37.8%	$14.57 YoY+140.0%	$6.07 YoY+341.8%
EPS (basic)	$6.36 YoY-18.7%	$7.82 YoY-13.9%	$9.08 YoY-37.9%	$14.62 YoY+140.1%	$6.09 YoY+342.6%
Weighted-avg shares (basic)	1.25B YoY+6.2%	1.18B YoY-2.0%	1.20B YoY-5.6%	1.27B YoY-3.8%	1.32B YoY+22.8%
Weighted-avg shares (diluted)	1.25B YoY+6.1%	1.18B YoY-2.1%	1.21B YoY-5.7%	1.28B YoY-3.8%	1.33B YoY+23.2%
Dividends per share	$3.18 YoY+26.2%	$2.52 YoY+19.4%	$2.11 YoY+11.6%	$1.89 YoY+8.0%	$1.75 YoY+3.6%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	15.5B YoY-0.7%	15.6B YoY+9.2%	14.3B YoY-23.6%	18.7B YoY+16.8%	16.1B YoY+33.0%
Cash & equivalents	6.50B YoY+15.9%	5.61B YoY-0.5%	5.63B YoY-12.7%	6.46B YoY+28.4%	5.03B YoY+68.1%
Short-term investments	484M YoY-4.5%	507M YoY-47.8%	971M YoY-65.1%	2.79B YoY-22.8%	3.61B YoY+0.0%
Accounts receivable	1.53B YoY+0.0%	1.53B YoY+0.0%	1.53B YoY+0.0%	1.53B YoY+0.0%	1.53B YoY+0.0%
Inventory	1.87B YoY+3.5%	1.81B YoY+29.4%	1.40B YoY+14.7%	1.22B YoY+0.9%	1.21B YoY+20.6%
Prepaid expenses	865M YoY-15.9%	1.03B YoY+20.8%	852M YoY-28.9%	1.20B YoY-24.2%	1.58B YoY+248.2%
	122B YoY-0.7%	123B YoY+28.0%	95.9B YoY+2.2%	93.8B YoY+3.5%	90.7B YoY+44.8%
Property, plant & equipment	70.7B YoY+0.0%	70.7B YoY+1.0%	70.0B YoY+8.0%	64.9B YoY-0.1%	64.9B YoY+62.7%
Operating lease right-of-use	950M YoY-6.6%	1.02B YoY+47.2%	691M YoY+28.9%	536M YoY+840.4%	57.0M YoY+0.0%
Goodwill	0.00	0.00	0.00	0.00	0.00
Intangible assets	4.00M YoY+0.0%	4.00M YoY+0.0%	4.00M YoY+0.0%	4.00M YoY+0.0%	4.00M YoY+0.0%
Deferred tax assets	442M YoY+0.0%	442M YoY+0.0%	442M YoY+0.0%	442M YoY+0.0%	442M YoY+0.0%
Other non-current assets	2.98B YoY+2.6%	2.91B YoY+20.2%	2.42B YoY+21.7%	1.99B YoY-23.1%	2.59B YoY+2.3%
	12.0B YoY-1.3%	12.1B YoY+21.2%	10.0B YoY-22.1%	12.8B YoY+6.9%	12.0B YoY+124.0%
Accounts payable	6.22B YoY+2.9%	6.04B YoY+19.0%	5.08B YoY-16.9%	6.11B YoY+22.2%	5.00B YoY+87.4%
Deferred revenue	1.00M YoY+0.0%	1.00M YoY+0.0%	1.00M YoY+0.0%	1.00M YoY-98.0%	50.0M YoY-48.5%
Short-term & current debt	1.02B YoY-1.4%	1.03B YoY-3.6%	1.07B YoY+157.6%	417M YoY-65.3%	1.20B YoY+93.9%
Other current liabilities	1.76B YoY+17.7%	1.50B YoY+21.9%	1.23B YoY-47.6%	2.35B YoY+7.7%	2.18B YoY+94.4%
	57.5B YoY-0.9%	58.0B YoY+24.3%	46.6B YoY+1.8%	45.8B YoY+1.3%	45.3B YoY+38.1%
Long-term debt	22.8B YoY+0.0%	22.8B YoY+0.0%	22.8B YoY+0.0%	22.8B YoY+0.0%	22.8B YoY+19.3%
Deferred revenue (non-current)	19.0M YoY+0.0%	19.0M YoY+0.0%	19.0M YoY+0.0%	19.0M YoY-53.7%	41.0M YoY+0.0%
Deferred tax liabilities	12.2B YoY+7.1%	11.4B YoY+29.6%	8.81B YoY+14.1%	7.73B YoY+25.0%	6.18B YoY+64.9%
Other non-current liabilities	2.78B YoY+0.0%	2.78B YoY+0.0%	2.78B YoY+0.0%	2.78B YoY+0.0%	2.78B YoY+0.0%
	64.5B YoY-0.5%	64.8B YoY+31.5%	49.3B YoY+2.7%	48.0B YoY+5.7%	45.4B YoY+52.1%
Common stock	23.0M YoY+0.0%	23.0M YoY+9.5%	21.0M YoY+0.0%	21.0M YoY+0.0%	21.0M YoY+16.7%
Additional paid-in capital	77.7B YoY+0.3%	77.5B YoY+26.5%	61.3B YoY+0.3%	61.1B YoY+0.9%	60.6B YoY+28.5%
Retained earnings	68.9B YoY+6.2%	64.9B YoY+9.5%	59.3B YoY+11.8%	53.0B YoY+30.4%	40.7B YoY+15.5%
Treasury stock	76.2B YoY+7.1%	71.2B YoY+8.4%	65.6B YoY+9.1%	60.2B YoY+18.2%	50.9B YoY+7.7%
Accumulated other comprehensive income	-5.91B YoY+8.7%	-6.47B YoY-14.1%	-5.67B YoY+5.5%	-6.00B YoY-21.2%	-4.95B YoY+5.1%
Non-controlling interest	0.00	0.00	0.00	0.00	0.00
Total equity incl. non-controlling	48.0B YoY+0.0%	48.0B YoY+0.0%	48.0B YoY+0.0%	48.0B YoY+5.7%	45.4B YoY+52.1%
Total liabilities & equity	122B YoY-0.7%	123B YoY+28.0%	95.9B YoY+2.2%	93.8B YoY+3.5%	90.7B YoY+44.8%
Common shares issued	2.25B YoY+0.1%	2.25B YoY+7.0%	2.10B YoY+0.1%	2.10B YoY+0.4%	2.09B YoY+16.3%
Shares outstanding (cover)	1.24B YoY+7.4%	1.15B YoY-3.1%	1.19B YoY-4.7%	1.25B YoY-5.5%	1.32B YoY+23.0%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	19.8B YoY-1.6%	20.1B YoY+0.8%	20.0B YoY-29.5%	28.3B YoY+66.6%	17.0B YoY+253.9%
Depreciation & amortization	11.5B YoY+19.8%	9.60B YoY+16.1%	8.27B YoY+10.2%	7.50B YoY+4.1%	7.21B YoY+30.6%
Deferred income taxes	549M YoY+49.6%	367M YoY-67.9%	1.15B YoY-45.1%	2.09B YoY+55.0%	1.35B YoY+261.4%
Change in inventory	116M YoY+70.6%	68.0M YoY-34.0%	103M YoY+171.1%	38.0M YoY-76.3%	160M YoY+540.0%
Change in payables	-212M YoY+61.0%	-543M YoY+51.4%	-1.12B YoY-224.1%	901M YoY-35.6%	1.40B YoY+661.8%
Other operating activities	-219M YoY-268.5%	130M YoY+159.1%	-220M YoY-355.8%	86.0M YoY+110.9%	-788M YoY-1932.6%
	-8.84B YoY+20.8%	-11.2B YoY+7.1%	-12.0B YoY-37.3%	-8.74B YoY-2.3%	-8.54B YoY-107.3%
Capital expenditure	—	—	—	10.2B YoY+90.8%	5.32B YoY+12.9%
Acquisitions	0.00 YoY-100.0%	24.0M YoY-99.1%	2.72B YoY+4440.0%	60.0M YoY-99.3%	8.29B
Other investing activities	22.0M YoY+257.1%	-14.0M YoY-122.2%	63.0M YoY+3250.0%	-2.00M YoY+97.7%	-87.0M YoY-434.6%
	-10.1B YoY-14.3%	-8.84B YoY-2.0%	-8.66B YoY+52.0%	-18.1B YoY-185.0%	-6.33B YoY-133.9%
Common stock issued	-100M YoY-28.2%	-78.0M YoY-50.0%	-52.0M YoY-114.4%	362M YoY+149.7%	145M YoY+3000.0%
Common stock repurchased	5.02B YoY-8.1%	5.46B YoY+1.2%	5.40B YoY-41.7%	9.27B YoY+155.9%	3.62B YoY+306.2%
Dividends paid	4.00B YoY+9.6%	3.65B YoY-34.7%	5.58B YoY-2.5%	5.73B YoY+142.7%	2.36B YoY+28.8%
Other financing activities	-76.0M YoY+70.5%	-258M YoY-658.8%	-34.0M YoY+30.6%	-49.0M YoY-800.0%	7.00M YoY+126.9%
FX effect on cash	153M YoY+215.0%	-133M YoY-34.3%	-99.0M YoY+55.8%	-224M YoY-558.8%	-34.0M YoY-70.0%
Net change in cash	1.01B YoY+16750.0%	6.00M YoY+100.8%	-795M YoY-161.3%	1.30B YoY-37.8%	2.08B YoY+201.8%
Interest paid	757M YoY-6.1%	806M YoY+15.0%	701M YoY-19.7%	873M YoY-5.5%	924M YoY+17.7%
Income taxes paid	4.82B YoY+33.2%	3.62B YoY-33.0%	5.41B YoY-26.6%	7.37B YoY+760.7%	856M YoY-5.4%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	116B YoY+1.3%	114B YoY-17.2%	138B YoY-6.3%	147B YoY+54.4%	95.2B YoY+121.9%
P/E	14.5× YoY+17.3%	12.3× YoY+0.3%	12.3× YoY+51.1%	8.1× YoY-30.9%	11.8×
P/S	2.2× YoY-3.4%	2.3× YoY-17.2%	2.8× YoY+10.0%	2.5× YoY-7.9%	2.8× YoY-12.3%
P/B	1.8× YoY+1.8%	1.8× YoY-39.0%	2.9× YoY-3.6%	3.0× YoY+42.9%	2.1× YoY+45.9%
P/FCF	5.8× YoY+3.0%	5.7× YoY-12.4%	6.5× YoY+14.6%	5.6× YoY-30.8%	8.2× YoY-98.3%
Earnings yield	6.9% YoY-14.7%	8.1% YoY-0.3%	8.1% YoY-33.8%	12.3% YoY+44.7%	8.5%
FCF yield	17.1% YoY-2.9%	17.6% YoY+14.1%	15.5% YoY-12.7%	17.7% YoY+44.4%	12.3% YoY+5945.4%
Dividend yield	3.4% YoY+33.7%	2.5% YoY+39.8%	1.8% YoY+13.5%	1.6% YoY-33.9%	2.4% YoY-42.6%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: COP's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all COP filings on SEC EDGAR → Not investment advice.

COP▼ financial statements

About this data

financial statements