KPIs & Operating Metrics(New)
Growth Metrics

Conocophillips (COP) Asset Writedowns and Impairment (2016 - 2026)

Conocophillips has reported Asset Writedowns and Impairment over the past 18 years, most recently at $19.0 million for Q1 2026.

  • Quarterly Asset Writedowns and Impairment rose 1800.0% to $19.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $44.0 million through Mar 2026, down 45.68% year-over-year, with the annual reading at $26.0 million for FY2025, 67.5% down from the prior year.
  • Asset Writedowns and Impairment was $19.0 million for Q1 2026 at Conocophillips, up from $14.0 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $46.0 million in Q4 2024 and troughed at -$18.0 million in Q4 2022.
  • The 5-year median for Asset Writedowns and Impairment is $2.0 million (2022), against an average of $9.1 million.
  • Year-over-year, Asset Writedowns and Impairment plummeted 102.36% in 2022 and then soared 2200.0% in 2024.
  • A 5-year view of Asset Writedowns and Impairment shows it stood at -$18.0 million in 2022, then soared by 111.11% to $2.0 million in 2023, then soared by 2200.0% to $46.0 million in 2024, then plummeted by 69.57% to $14.0 million in 2025, then soared by 35.71% to $19.0 million in 2026.
  • Per Business Quant, the three most recent readings for COP's Asset Writedowns and Impairment are $19.0 million (Q1 2026), $14.0 million (Q4 2025), and $10.0 million (Q3 2025).