Conocophillips (COP) Free Cash Flow (2009 - 2026)
Conocophillips (COP) reported Free Cash Flow of $4.41 billion for Q2 2026, compared with $199 million a year earlier and up 227.4% from the prior quarter.
Conocophillips (COP) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Conocophillips' Free Cash Flow came in at $10.06 billion, up 45.4% year-over-year; for FY2025, it came in at $7.24 billion, down 9.5% from FY2024.
- Free Cash Flow has declined for three consecutive years, though with a five-year compound annual growth rate of 142.1% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $8.01 billion in FY2024 (-8.2%), $8.72 billion in FY2023 (-52.0%), $18.16 billion in FY2022 (+55.5%) and $11.67 billion in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Free Cash Flow since Q3 2022.
- Year over year, Free Cash Flow gained in three of the last seven quarters, with an average decline of 20.4%.
- The high point for year-over-year Free Cash Flow in five years was Q4 2021 (growth of 602.1%); the low point was Q2 2025 (a decline of 89.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.35 billion (Q1 2026), $1.3 billion (Q4 2025) and $3.01 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 764.26 Bn | 720.74 Bn | - | 17.03 Bn |
| 2 | Chevron | 460.02 Bn | 432.14 Bn | 33.45 Bn | 18.10 Bn |
| 3 | Shell | 318.78 Bn | 248.53 Bn | 30.13 Bn | -59.17 Bn |
| 4 | TotalEnergies SE | 203.95 Bn | 84.54 Bn | 61.77 Bn | 6.63 Bn |
| 5 | Conocophillips | 183.17 Bn | 155.88 Bn | 12.81 Bn | 4.41 Bn |
| 6 | Equinor Asa | 126.75 Bn | 41.20 Bn | - | 6.60 Bn |
| 7 | Canadian Natural Resources | 115.42 Bn | 112.42 Bn | 8.84 Bn | 6.65 Bn |
| 8 | Phillips 66 | 113.42 Bn | 101.21 Bn | 8.38 Bn | 6.53 Bn |
| 9 | Suncor Energy | 96.84 Bn | 82.59 Bn | - | 7.00 Bn |
| 10 | Eni Spa | 93.86 Bn | 38.41 Bn | - | 4.96 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.41 Bn |
| Mar 31, 2026 | 1.35 Bn |
| Dec 31, 2025 | 1.30 Bn |
| Sep 30, 2025 | 3.01 Bn |
| Jun 30, 2025 | 199.00 Mn |
| Mar 31, 2025 | 2.74 Bn |
| Dec 31, 2024 | 1.14 Bn |
| Sep 30, 2024 | 2.85 Bn |
| Jun 30, 2024 | 1.95 Bn |
| Mar 31, 2024 | 2.07 Bn |
| Dec 31, 2023 | 1.77 Bn |
| Sep 30, 2023 | 3.09 Bn |
| Jun 30, 2023 | 1.17 Bn |
| Mar 31, 2023 | 2.69 Bn |
| Dec 31, 2022 | 705.00 Mn |
| Sep 30, 2022 | 6.65 Bn |
| Jun 30, 2022 | 6.57 Bn |
| Mar 31, 2022 | 4.24 Bn |
| Dec 31, 2021 | 3.52 Bn |
| Sep 30, 2021 | 4.13 Bn |
Conocophillips Free Cash Flow 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=free-cash-flow&ticker=COP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();