Conocophillips (COP) Interest Coverage Ratio (2009 - 2026)
Conocophillips (COP) posted quarterly Interest Coverage Ratio of 24.33 for Q1 2026, down 33.44% year-over-year from 36.56 in Q1 2025, and up 26.02% quarter-over-quarter from 19.31 in Q4 2025.
Conocophillips (COP) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported Interest Coverage Ratio for 18 consecutive years, with 24.33 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 33.44% year-over-year to 24.33; the TTM figure through Mar 2026 stood at 26.51 (down 23.24% YoY), while the FY2025 annual figure was 4.44, up 9.87% from the prior year.
- Interest Coverage Ratio improved to 24.33 in Q1 2026 per COP's latest filing, from 19.31 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 50.3 in Q4 2022 and bottomed at 42.49 in Q4 2023.
- Historically, Interest Coverage Ratio has averaged 30.39 across 5 years, with a median of 32.99 in 2023.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio sank 184.48% — and 2024, when it surged 178.11%.
- Conocophillips' Interest Coverage Ratio stood at 50.3 in 2022, then plunged by 184.48% to 42.49 in 2023, then soared by 178.11% to 33.19 in 2024, then sank by 41.83% to 19.31 in 2025, then climbed by 26.02% to 24.33 in 2026.
- Business Quant data shows COP's Interest Coverage Ratio at 24.33 in Q1 2026, 19.31 in Q4 2025, and 31.54 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 57.03 |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 61.27 |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 52.66 |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 16.56 |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 29.51 |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 5.22 |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 197.14 |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 15.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 57.03 |
| Mar 31, 2026 | 24.33 |
| Dec 31, 2025 | 19.31 |
| Sep 30, 2025 | 31.54 |
| Jun 30, 2025 | 30.53 |
| Mar 31, 2025 | 36.56 |
| Dec 31, 2024 | 33.19 |
| Sep 30, 2024 | 31.92 |
| Jun 30, 2024 | 35.93 |
| Mar 31, 2024 | 25.59 |
| Dec 31, 2023 | -42.49 |
| Sep 30, 2023 | 37.77 |
| Jun 30, 2023 | 32.68 |
| Mar 31, 2023 | 32.99 |
| Dec 31, 2022 | 50.30 |
| Sep 30, 2022 | 50.07 |
| Jun 30, 2022 | 48.27 |
| Mar 31, 2022 | 38.18 |
| Dec 31, 2021 | 32.32 |
| Sep 30, 2021 | 27.62 |