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
DateValue
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