Conocophillips (COP) FCF Payout Ratio (2009 - 2026)
Conocophillips' (COP) FCF Payout Ratio was 0.23 for Q2 2026, down 95.3% from 4.94 a year earlier and down 69.7% from the prior quarter.
Conocophillips (COP) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Conocophillips' FCF Payout Ratio came in at 0.40, down 26.1% year-over-year; for FY2025, it was 0.55, up 21.1% from FY2024.
- By year, FCF Payout Ratio came in at 0.46 in FY2024 (-28.9%), 0.64 in FY2023 (+103.1%), 0.32 in FY2022 (+56.1%) and 0.20 in FY2021 (-99.0%).
- The Q2 2026 figure ranks as the lowest quarterly FCF Payout Ratio since Q2 2022.
- Year over year, FCF Payout Ratio gained in five of the last eight quarters, with growth averaging 119.5%.
- The high point for year-over-year FCF Payout Ratio in five years was Q2 2025 (growth of 953.8%); the low point was Q2 2026 (a decline of 95.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.77 (Q1 2026), 0.80 (Q4 2025) and 0.32 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 688.07 Bn | 646.21 Bn | - | 0.23 |
| 2 | Chevron | 421.08 Bn | 393.20 Bn | 33.45 Bn | 0.19 |
| 3 | Shell | 295.54 Bn | 155.81 Bn | - | - |
| 4 | TotalEnergies SE | 194.84 Bn | 65.92 Bn | 31,614.00 | - |
| 5 | Eni Spa | 168.93 Bn | 108.56 Bn | - | - |
| 6 | Conocophillips | 165.73 Bn | 138.44 Bn | 12.81 Bn | 0.23 |
| 7 | Equinor Asa | 110.59 Bn | 23.44 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 102.76 Bn | 99.76 Bn | 8.84 Bn | 0.14 |
| 9 | Phillips 66 | 98.51 Bn | 82.30 Bn | 10.69 Bn | 0.08 |
| 10 | Suncor Energy | 84.36 Bn | 65.05 Bn | - | 0.09 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.23 |
| Mar 31, 2026 | 0.77 |
| Dec 31, 2025 | 0.80 |
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 4.94 |
| Mar 31, 2025 | 0.36 |
| Dec 31, 2024 | 0.79 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.80 |
| Sep 30, 2023 | 0.43 |
| Jun 30, 2023 | 1.15 |
| Mar 31, 2023 | 0.55 |
| Dec 31, 2022 | 3.39 |
| Sep 30, 2022 | 0.22 |
| Jun 30, 2022 | 0.15 |
| Mar 31, 2022 | 0.20 |
| Dec 31, 2021 | 0.17 |
| Sep 30, 2021 | 0.14 |
Conocophillips FCF Payout Ratio 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=fcf-payout-ratio&ticker=COP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();