KPIs & Operating Metrics(New)
Growth Metrics

Conocophillips (COP) Tax Rate (2016 - 2026)

Conocophillips has reported Tax Rate over the past 18 years, most recently at 35.09% for Q1 2026.

  • Quarterly Tax Rate fell 112.0% to 35.09% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 36.62% through Mar 2026, up 1060.0% year-over-year, with the annual reading at 36.88% for FY2025, 450.0% up from the prior year.
  • Tax Rate was 35.09% for Q1 2026 at Conocophillips, down from 35.77% in the prior quarter.
  • Over five years, Tax Rate peaked at 41.05% in Q3 2025 and troughed at 13.27% in Q4 2024.
  • The 5-year median for Tax Rate is 35.09% (2026), against an average of 31.94%.
  • Year-over-year, Tax Rate crashed -4275bps in 2024 and then soared 4903bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 37.94% in 2022, then dropped by -22bps to 29.48% in 2023, then tumbled by -145bps to 13.27% in 2024, then skyrocketed by 370bps to 35.77% in 2025, then decreased by -2bps to 35.09% in 2026.
  • Per Business Quant, the three most recent readings for COP's Tax Rate are 35.09% (Q1 2026), 35.77% (Q4 2025), and 41.05% (Q3 2025).