Conocophillips (COP) Return on Assets [ROA] (2009 - 2026)
Conocophillips (COP) reported Return on Assets [ROA] of 7.52% for Q2 2026, up 0.07 percentage points from 7.44% a year earlier and up 1.53 percentage points from the prior quarter.
Conocophillips (COP) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Conocophillips posted Return on Assets [ROA] of 6.53%, down 1.93 percentage points from FY2024.
- Return on Assets [ROA] has declined for three consecutive years, though with a five-year change of +10.52 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at 8.45% in FY2024 (-3.09 pp), 11.55% in FY2023 (-8.70 pp), 20.25% in FY2022 (+9.71 pp) and 10.54% in FY2021 (+14.53 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Assets [ROA] since Q1 2025.
- Year over year, Return on Assets [ROA] gained in 1 of the last eight quarters, with an average year-over-year change of -2.34 percentage points.
- The high point for year-over-year Return on Assets [ROA] in five years was Q2 2022 (a gain of 14.83 percentage points); the low point was Q4 2023 (a drop of 8.24 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.99% (Q1 2026), 6.54% (Q4 2025) and 7.22% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 6.87% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 6.36% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 5.76% |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 29.79% |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 7.52% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 658.73% |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 8.67% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 11.88% |
| 10 | Eog Resources | 72.25 Bn | 56.57 Bn | - | 12.71% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.52% |
| Mar 31, 2026 | 5.99% |
| Dec 31, 2025 | 6.54% |
| Sep 30, 2025 | 7.22% |
| Jun 30, 2025 | 7.44% |
| Mar 31, 2025 | 7.73% |
| Dec 31, 2024 | 8.42% |
| Sep 30, 2024 | 10.32% |
| Jun 30, 2024 | 11.17% |
| Mar 31, 2024 | 11.07% |
| Dec 31, 2023 | 11.56% |
| Sep 30, 2023 | 12.22% |
| Jun 30, 2023 | 14.28% |
| Mar 31, 2023 | 17.10% |
| Dec 31, 2022 | 19.80% |
| Sep 30, 2022 | 19.16% |
| Jun 30, 2022 | 17.02% |
| Mar 31, 2022 | 13.98% |
| Dec 31, 2021 | 9.08% |
| Sep 30, 2021 | 5.42% |
Conocophillips Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=COP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();