Conocophillips (COP) Interest Coverage Ratio (2009 - 2026)
Conocophillips' Interest Coverage Ratio came in at 57.03 for Q2 2026, up 86.8% from 30.53 a year earlier and up 50.7% from the prior quarter.
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Analysis
Conocophillips (COP) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Conocophillips reported Interest Coverage Ratio of 39.19, up 8.8% year-over-year; for FY2025, it came in at 33.79, down 6.1% from FY2024.
- Interest Coverage Ratio has declined in each of the last three years.
- Going back by year, Interest Coverage Ratio was 36.00 in FY2024 (-2.9%), 37.06 in FY2023 (-27.6%), 51.15 in FY2022 (+84.6%) and 27.71 in FY2021 (+226.8%).
- The Q2 2026 figure represents the highest quarterly Interest Coverage Ratio in data going back to Q1 2009.
- Year-over-year, Interest Coverage Ratio increased in three of the last eight quarters, with growth averaging 7.6%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q3 2021 (growth of 248.7%), and the weakest in Q2 2023 (a decline of 31.7%).
- Business Quant data shows COP's Interest Coverage Ratio at 37.85 (Q1 2026), 32.66 (Q4 2025) and 31.54 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 33.72 |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | -56.60 |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 3.32 |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 57.03 |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | -123.23 |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 25.74 |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | - |
| 10 | Eog Resources | 73.77 Bn | 58.09 Bn | - | 52.66 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.03 |
| Mar 31, 2026 | 37.85 |
| Dec 31, 2025 | 32.66 |
| Sep 30, 2025 | 31.54 |
| Jun 30, 2025 | 30.53 |
| Mar 31, 2025 | 41.01 |
| Dec 31, 2024 | 38.50 |
| Sep 30, 2024 | 34.90 |
| Jun 30, 2024 | 35.93 |
| Mar 31, 2024 | 34.77 |
| Dec 31, 2023 | 34.68 |
| Sep 30, 2023 | 37.77 |
| Jun 30, 2023 | 35.65 |
| Mar 31, 2023 | 40.43 |
| Dec 31, 2022 | 48.55 |
| Sep 30, 2022 | 53.09 |
| Jun 30, 2022 | 52.20 |
| Mar 31, 2022 | 50.50 |
| Dec 31, 2021 | 36.17 |
| Sep 30, 2021 | 27.62 |
API Access
Conocophillips Interest Coverage 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=interest-coverage-ratio&ticker=COP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();