Conocophillips (COP) Return on Equity [ROE] (2009 - 2026)
Conocophillips (COP) reported Return on Equity [ROE] of 14.29% for Q2 2026, up 0.25 percentage points from 14.04% a year earlier and up 2.94 percentage points from the prior quarter.
Conocophillips (COP) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Conocophillips posted Return on Equity [ROE] of 12.36%, down 3.85 percentage points from FY2024.
- Return on Equity [ROE] has declined for three consecutive years, though with a five-year change of +20.54 percentage points (FY2020 to FY2025).
- By year, Return on Equity [ROE] came in at 16.21% in FY2024 (-6.32 pp), 22.53% in FY2023 (-17.47 pp), 40.00% in FY2022 (+18.53 pp) and 21.47% in FY2021 (+29.65 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Equity [ROE] since Q1 2025.
- Year over year, Return on Equity [ROE] gained in 1 of the last eight quarters, with an average year-over-year change of -4.70 percentage points.
- The high point for year-over-year Return on Equity [ROE] in five years was Q2 2022 (a gain of 27.77 percentage points); the low point was Q4 2023 (a drop of 15.90 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 11.35% (Q1 2026), 12.35% (Q4 2025) and 13.57% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 14.68% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 10.89% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 14,127,795.78% |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 82.76% |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 14.29% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 20.86% |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 23.06% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 103.28% |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 23.72% |
| 10 | Eog Resources | 72.25 Bn | 56.57 Bn | - | 21.91% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.29% |
| Mar 31, 2026 | 11.35% |
| Dec 31, 2025 | 12.35% |
| Sep 30, 2025 | 13.57% |
| Jun 30, 2025 | 14.04% |
| Mar 31, 2025 | 14.68% |
| Dec 31, 2024 | 16.12% |
| Sep 30, 2024 | 19.97% |
| Jun 30, 2024 | 21.57% |
| Mar 31, 2024 | 21.48% |
| Dec 31, 2023 | 22.59% |
| Sep 30, 2023 | 23.51% |
| Jun 30, 2023 | 27.13% |
| Mar 31, 2023 | 33.08% |
| Dec 31, 2022 | 38.48% |
| Sep 30, 2022 | 36.38% |
| Jun 30, 2022 | 32.01% |
| Mar 31, 2022 | 27.17% |
| Dec 31, 2021 | 18.05% |
| Sep 30, 2021 | 10.59% |
Conocophillips Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=COP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();