Conocophillips (COP) Non-Current Deferred Tax Liability (2009 - 2026)
Conocophillips' (COP) quarterly Non-Current Deferred Tax Liability came in at $12.4 billion in Q1 2026, up 7.89% year-on-year from $11.5 billion in Q1 2025, and up 1.24% on a QoQ basis from $12.2 billion in Q4 2025.
Conocophillips (COP) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
Conocophillips (COP) has 18 years of Non-Current Deferred Tax Liability data on file, last reported at $12.4 billion in Q1 2026.
- On a quarterly basis, Non-Current Deferred Tax Liability rose 7.89% year-over-year to $12.4 billion in Q1 2026; TTM through Mar 2026 was $12.4 billion, a 7.89% increase from a year earlier, with the FY2025 full-year figure at $12.2 billion, down 22.82% from the prior year.
- Non-Current Deferred Tax Liability for Q1 2026 stood at $12.4 billion, up from $12.2 billion in the prior quarter.
- Over the last five years, Non-Current Deferred Tax Liability for COP reached as high as $15.9 billion in Q4 2024 and fell as low as $6.6 billion in Q1 2022.
- Historically, Non-Current Deferred Tax Liability has averaged $9.6 billion across 5 years, with a median of $8.8 billion in 2023.
- Across the five-year window, Non-Current Deferred Tax Liability jumped 79.9% in 2024 and dropped 22.82% in 2025, its largest moves.
- Year by year, Non-Current Deferred Tax Liability stood at $7.7 billion in 2022, then increased by 14.07% to $8.8 billion in 2023, then surged by 79.9% to $15.9 billion in 2024, then fell by 22.82% to $12.2 billion in 2025, then increased by 1.24% to $12.4 billion in 2026.
- Per Business Quant data, the three most recent Non-Current Deferred Tax Liability figures were $12.4 billion in Q1 2026, $12.2 billion in Q4 2025, and $12.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.39 Bn |
| Mar 31, 2026 | 12.39 Bn |
| Dec 31, 2025 | 12.24 Bn |
| Dec 31, 2025 | 12.24 Bn |
| Sep 30, 2025 | 12.11 Bn |
| Sep 30, 2025 | 12.11 Bn |
| Jun 30, 2025 | 11.77 Bn |
| Jun 30, 2025 | 11.77 Bn |
| Mar 31, 2025 | 11.48 Bn |
| Mar 31, 2025 | 11.48 Bn |
| Dec 31, 2024 | 15.86 Bn |
| Dec 31, 2024 | 15.86 Bn |
| Sep 30, 2024 | 8.99 Bn |
| Sep 30, 2024 | 8.99 Bn |
| Jun 30, 2024 | 8.93 Bn |
| Jun 30, 2024 | 8.93 Bn |
| Mar 31, 2024 | 8.78 Bn |
| Mar 31, 2024 | 8.78 Bn |
| Dec 31, 2023 | 8.81 Bn |
| Dec 31, 2023 | 8.81 Bn |