Conocophillips (COP) Debt Ratio (2009 - 2026)

Conocophillips (COP) recorded quarterly Debt Ratio of 0.19 in Q1 2026, down 1.14% quarter-over-quarter from 0.19 in Q4 2025, and down 0.7% on a YoY basis from 0.19 in Q1 2025.

Conocophillips (COP) Debt Ratio (2009 - 2026) Analysis & Trends

Conocophillips' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.19 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 0.7% year-over-year to 0.19; the TTM figure through Mar 2026 stood at 0.19 (down 0.7% YoY), while the FY2025 annual figure was 0.19, down 2.95% from the prior year.
  • Debt Ratio was 0.19 for Q1 2026 at Conocophillips, down from 0.19 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.2 in Q3 2023 to a low of 0.18 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.19 across 5 years, with a median of 0.19 in 2025.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio slipped 22.69% in 2022, then rose 13.82% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 0.18 in 2022, then increased by 11.3% to 0.2 in 2023, then advanced by 0.35% to 0.2 in 2024, then declined by 2.95% to 0.19 in 2025, then fell by 1.14% to 0.19 in 2026.
  • The last three Debt Ratio figures came in at 0.19 (Q1 2026), 0.19 (Q4 2025), and 0.19 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Woodside Energy 631.53 Bn 625.59 Bn - 0.17
2 Canadian Natural Resources 402.73 Bn 402.73 Bn 6.72 Bn -
3 Conocophillips 145.39 Bn 139.02 Bn 9.48 Bn 0.19
4 Eog Resources 74.61 Bn 70.76 Bn - 0.15
5 Occidental Petroleum 57.00 Bn 53.82 Bn 4.87 Bn 0.19
6 Diamondback Energy 56.03 Bn 62.20 Bn 4.22 Bn 0.20
7 Vista Energy, S.A.B. de C.V 36.26 Bn 35.65 Bn 472.36 Mn 0.34
8 Eqt 33.02 Bn 36.36 Bn 2.98 Bn 0.02
9 Vermilion Energy 32.76 Bn 32.57 Bn 370.10 Mn 44.08
10 Devon Energy 27.78 Bn 27.78 Bn 3.61 Bn 0.26

Historic Data

Download Data
DateValue
Mar 31, 2026 0.19
Dec 31, 2025 0.19
Sep 30, 2025 0.19
Jun 30, 2025 0.19
Mar 31, 2025 0.19
Dec 31, 2024 0.20
Sep 30, 2024 0.19
Jun 30, 2024 0.19
Mar 31, 2024 0.19
Dec 31, 2023 0.20
Sep 30, 2023 0.20
Jun 30, 2023 0.18
Mar 31, 2023 0.18
Dec 31, 2022 0.18
Sep 30, 2022 0.18
Jun 30, 2022 0.18
Mar 31, 2022 0.20
Dec 31, 2021 0.21
Sep 30, 2021 0.22
Jun 30, 2021 0.23