Conocophillips (COP) Tax Rate (2009 - 2026)

Conocophillips (COP) has 18 years of Tax Rate data on file, last reported at 35.09% in Q1 2026.

• On a quarterly basis, Tax Rate fell 112.0% year-over-year to 35.09% in Q1 2026; TTM through Mar 2026 was 36.62%, a 1060.0% increase from a year earlier, with the FY2025 full-year figure at 36.88%, up 450.0% from the prior year.
• Tax Rate for Q1 2026 stood at 35.09%, down from 35.77% in the prior quarter.
• Over the last five years, Tax Rate for COP reached as high as 41.05% in Q3 2025 and fell as low as 13.27% in Q4 2024.
• Historically, Tax Rate has averaged 31.94% across 5 years, with a median of 35.09% in 2026.
• Across the five-year window, Tax Rate plunged 4275 bps in 2024 and jumped 4903 bps in 2025, its largest moves.
• Year by year, Tax Rate stood at 37.94% in 2022, then dropped by 22 bps to 29.48% in 2023, then sank by 145 bps to 13.27% in 2024, then jumped by 370 bps to 35.77% in 2025, then declined by 2 bps to 35.09% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 35.09% in Q1 2026, 35.77% in Q4 2025, and 41.05% in Q3 2025.