Conocophillips (COP) EV to EBITDA (2009 - 2026)
Conocophillips' EV to EBITDA was 2.72 in Q2 2026, up 2.1% from 2.66 a year earlier but down 30.2% from the prior quarter.
Conocophillips (COP) EV to EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Conocophillips' EV to EBITDA was 2.27 through Jun 30, 2026, up 4.8% year-over-year; for FY2025, it came in at 2.66, down 16.3% from FY2024.
- In earlier years, EV to EBITDA was 3.18 in FY2024 (-9.1%), 3.50 in FY2023 (+26.4%), 2.76 in FY2022 (unchanged) and 2.76 in FY2021 (-6.4%).
- Quarterly EV to EBITDA has moved between 2.45 (Q1 2023) and 3.90 (Q1 2026) over five years.
- Compared with a year earlier, EV to EBITDA was higher in two of the last eight quarters, with an average decline of 7.8%.
- The best year-over-year quarter for EV to EBITDA over five years was Q3 2021 (growth of 60.5%); the worst was Q2 2022 (a decline of 28.2%).
- Per Business Quant data, COP's EV to EBITDA in the three quarters before Q2 2026 was 3.90 (Q1 2026), 2.66 (Q4 2025) and 2.70 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - |
| 10 | Eog Resources | 73.77 Bn | 58.09 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.72 |
| Mar 31, 2026 | 3.90 |
| Dec 31, 2025 | 2.66 |
| Sep 30, 2025 | 2.70 |
| Jun 30, 2025 | 2.66 |
| Mar 31, 2025 | 3.16 |
| Dec 31, 2024 | 3.18 |
| Sep 30, 2024 | 3.04 |
| Jun 30, 2024 | 3.33 |
| Mar 31, 2024 | 3.86 |
| Dec 31, 2023 | 3.50 |
| Sep 30, 2023 | 3.50 |
| Jun 30, 2023 | 2.86 |
| Mar 31, 2023 | 2.45 |
| Dec 31, 2022 | 2.76 |
| Sep 30, 2022 | 2.45 |
| Jun 30, 2022 | 2.47 |
| Mar 31, 2022 | 3.22 |
| Dec 31, 2021 | 2.76 |
| Sep 30, 2021 | 3.02 |
Conocophillips EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=COP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "COP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();