Conocophillips COP
NYSE COP
$136.60 +1.56 (+1.16%)
As of: Sep 9, 2026 · 3:59 PM EDT

Conocophillips (COP) Debt Ratio (2009 - 2026)

Conocophillips' (COP) quarterly Debt Ratio came in at 0.19 in Q2 2026, down 2.34% year-over-year from 0.19 in Q2 2025, and down 1.39% quarter-over-quarter from 0.19 in Q1 2026.

Analysis

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

Conocophillips (COP) has reported Debt Ratio for 18 consecutive years, with 0.19 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 2.34% year-over-year to 0.19 in Q2 2026; TTM through Jun 2026 was 0.19, a 2.34% decrease from a year earlier, with the FY2025 full-year figure at 0.19, down 2.95% from the prior year.
  • Debt Ratio was 0.19 for Q2 2026 at Conocophillips, down from 0.19 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.2 in Q3 2023 and troughed at 0.18 in Q4 2022.
  • A 5-year average of 0.19 and a median of 0.19 in 2024 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio slumped 37.02% in 2022 and increased 13.64% in 2023, its largest moves.
  • Over 5 years, Debt Ratio stood at 0.18 in 2022, then gained by 10.97% to 0.2 in 2023, then increased by 0.35% to 0.2 in 2024, then decreased by 2.95% to 0.19 in 2025, then slipped by 2.51% to 0.19 in 2026.
  • The last three Debt Ratio figures came in at 0.19 (Q2 2026), 0.19 (Q1 2026), and 0.19 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Conocophillips 161.33 Bn 153.64 Bn 12.81 Bn 0.19
2 Canadian Natural Resources 104.99 Bn 103.10 Bn 8.84 Bn -
3 Eog Resources 76.13 Bn 71.22 Bn - 0.14
4 Diamondback Energy 55.89 Bn 61.52 Bn 5.55 Bn 0.18
5 Devon Energy 52.87 Bn 51.86 Bn 6.02 Bn 0.20
6 Expand Energy 22.67 Bn 21.40 Bn 2.33 Bn 0.13
7 Permian Resources 19.56 Bn 19.30 Bn - 0.16
8 Ovintiv 17.91 Bn 17.03 Bn 2.83 Bn 0.19
9 Apa 14.98 Bn 15.46 Bn 2.28 Bn 0.21
10 Antero Resources 12.17 Bn 11.60 Bn 1.56 Bn 0.17
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.19
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 0.22
Sep 30, 2021 0.27