Conocophillips (COP) Tax Rate (2009 - 2026)

Conocophillips (COP) has reported Tax Rate for 18 consecutive years, with 35.37% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Tax Rate rose 70.0% year-over-year to 35.37% in Q2 2026; TTM through Jun 2026 was 36.5%, a 1133.0% increase from a year earlier, with the FY2025 full-year figure at 36.88%, up 450.0% from the prior year.
• Tax Rate was 35.37% for Q2 2026 at Conocophillips, up from 35.09% in the prior quarter.
• Over five years, Tax Rate peaked at 41.05% in Q3 2025 and troughed at 13.27% in Q4 2024.
• A 5-year average of 32.13% and a median of 35.23% in 2026 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate tumbled 4275 bps in 2024 and surged 4903 bps in 2025, its largest moves.
• Over 5 years, Tax Rate stood at 37.94% in 2022, then fell by 22 bps to 29.48% in 2023, then sank by 145 bps to 13.27% in 2024, then soared by 370 bps to 35.77% in 2025, then retreated by 1 bps to 35.37% in 2026.
• The last three Tax Rate figures came in at 35.37% (Q2 2026), 35.09% (Q1 2026), and 35.77% (Q4 2025), per Business Quant data.