Conocophillips COP
NYSE COP
$135.24 +0.35 (+0.26%)
As of: Aug 21, 2026 · 2:57 PM EDT

Conocophillips (COP) Non-Current Deferred Tax Liability (2009 - 2026)

Conocophillips (COP) posted quarterly Non-Current Deferred Tax Liability of $12.4 billion for Q1 2026, up 7.89% year-over-year from $11.5 billion in Q1 2025, and up 1.24% quarter-over-quarter from $12.2 billion in Q4 2025.

Conocophillips (COP) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends

Conocophillips (COP) has reported Non-Current Deferred Tax Liability for 18 consecutive years, with $12.4 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Non-Current Deferred Tax Liability rose 7.89% year-over-year to $12.4 billion; the TTM figure through Mar 2026 stood at $12.4 billion (up 7.89% YoY), while the FY2025 annual figure was $12.2 billion, down 22.82% from the prior year.
  • Non-Current Deferred Tax Liability improved to $12.4 billion in Q1 2026 per COP's latest filing, from $12.2 billion in the prior quarter.
  • Across five years, Non-Current Deferred Tax Liability topped out at $15.9 billion in Q4 2024 and bottomed at $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.
  • Annual changes were most pronounced in 2024 — Non-Current Deferred Tax Liability soared 79.9% — and 2025, when it fell 22.82%.
  • Conocophillips' Non-Current Deferred Tax Liability stood at $7.7 billion in 2022, then climbed by 14.07% to $8.8 billion in 2023, then soared by 79.9% to $15.9 billion in 2024, then dropped by 22.82% to $12.2 billion in 2025, then climbed by 1.24% to $12.4 billion in 2026.
  • Business Quant data shows COP's Non-Current Deferred Tax Liability at $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 164.11 Bn 156.42 Bn 12.81 Bn
2 Canadian Natural Resources 106.66 Bn 104.77 Bn 10.66 Bn
3 Eog Resources 80.35 Bn 75.44 Bn -
4 Diamondback Energy 59.22 Bn 58.76 Bn 5.55 Bn
5 Devon Energy 46.16 Bn 45.15 Bn 6.02 Bn
6 Woodside Energy 46.14 Bn 40.20 Bn 6.02 Bn
7 Occidental Petroleum 39.39 Bn 35.24 Bn 7.73 Bn
8 Eqt 33.80 Bn 33.69 Bn 1.42 Bn
9 Texas Pacific Land 26.55 Bn 26.30 Bn -
10 Expand Energy 22.91 Bn 21.64 Bn 2.33 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 12.39 Bn
Jun 30, 2026 12.39 Bn
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