Conocophillips annual debt-to-equity ratio
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2025
Conocophillips Debt-to-Equity Ratio Growth & History (COP)
Conocophillips's debt-to-equity ratio was 0.38 for fiscal 2025.
View full Conocophillips company overviewConocophillips annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.38 | −0.01 | −3.48% |
| 2024 | 2024-12-31 | 0.39 | −0.01 | −1.81% |
| 2023 | 2023-12-31 | 0.40 | 0.04 | +11.27% |
| 2022 | 2022-12-31 | 0.36 | −0.10 | −21.08% |
| 2021 | 2021-12-31 | 0.45 | −0.09 | −16.33% |
| 2020 | 2020-12-31 | 0.54 | 0.09 | +19.84% |
| 2019 | 2019-12-31 | 0.45 | −0.02 | −3.46% |
| 2018 | 2018-12-31 | 0.47 | −0.18 | −27.20% |
| 2017 | 2017-12-31 | 0.64 | −0.14 | −17.45% |
| 2016 | 2016-12-31 | 0.78 | 0.15 | +24.63% |
| 2015 | 2015-12-31 | 0.63 | 0.19 | +43.95% |
| 2014 | 2014-12-31 | 0.43 | 0.02 | +4.53% |
| 2013 | 2013-12-31 | 0.42 | −0.04 | −8.14% |
| 2012 | 2012-12-31 | 0.45 | 0.11 | +30.55% |
| 2011 | 2011-12-31 | 0.35 | 0.00 | +0.78% |
| 2010 | 2010-12-31 | 0.34 | −0.12 | −25.52% |
| 2009 | 2009-12-31 | 0.46 | −0.03 | −5.91% |
| 2008 | 2008-12-31 | 0.49 | — | — |
Conocophillips quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.36 | −0.00 | −0.51% |
| Q1 2026 | 2026-03-31 | 0.36 | −0.00 | −1.04% |
| Q4 2025 | 2025-12-31 | 0.38 | −0.01 | −3.48% |
| Q3 2025 | 2025-09-30 | 0.36 | −0.00 | −1.34% |
| Q2 2025 | 2025-06-30 | 0.36 | −0.01 | −3.11% |
| Q1 2025 | 2025-03-31 | 0.36 | −0.01 | −2.20% |
| Q4 2024 | 2024-12-31 | 0.39 | −0.01 | −1.81% |
| Q3 2024 | 2024-09-30 | 0.37 | −0.03 | −8.29% |
| Q2 2024 | 2024-06-30 | 0.37 | 0.02 | +7.20% |
| Q1 2024 | 2024-03-31 | 0.37 | 0.03 | +7.38% |
| Q4 2023 | 2023-12-31 | 0.40 | 0.04 | +11.27% |
| Q3 2023 | 2023-09-30 | 0.40 | 0.05 | +15.76% |
| Q2 2023 | 2023-06-30 | 0.35 | 0.01 | +2.07% |
| Q1 2023 | 2023-03-31 | 0.35 | −0.03 | −8.79% |
| Q4 2022 | 2022-12-31 | 0.36 | −0.10 | −21.08% |
| Q3 2022 | 2022-09-30 | 0.35 | −0.10 | −22.61% |
| Q2 2022 | 2022-06-30 | 0.34 | −0.11 | −25.16% |
| Q1 2022 | 2022-03-31 | 0.38 | −0.08 | −17.82% |
| Q4 2021 | 2021-12-31 | 0.45 | −0.09 | −16.33% |
| Q3 2021 | 2021-09-30 | 0.45 | −0.05 | −10.66% |
| Q2 2021 | 2021-06-30 | 0.45 | −0.02 | −5.15% |
| Q1 2021 | 2021-03-31 | 0.46 | −0.01 | −3.07% |
| Q4 2020 | 2020-12-31 | 0.54 | 0.09 | +19.84% |
| Q3 2020 | 2020-09-30 | 0.50 | 0.06 | +12.59% |
| Q2 2020 | 2020-06-30 | 0.48 | −0.00 | −0.94% |
| Q1 2020 | 2020-03-31 | 0.48 | −0.00 | −0.56% |
| Q4 2019 | 2019-12-31 | 0.45 | −0.02 | −3.46% |
| Q3 2019 | 2019-09-30 | 0.44 | −0.02 | −4.81% |
| Q2 2019 | 2019-06-30 | 0.48 | 0.00 | +0.26% |
| Q1 2019 | 2019-03-31 | 0.48 | −0.07 | −12.10% |
| Q4 2018 | 2018-12-31 | 0.47 | −0.18 | −27.20% |
| Q3 2018 | 2018-09-30 | 0.47 | −0.18 | −27.69% |
| Q2 2018 | 2018-06-30 | 0.48 | −0.17 | −26.17% |
| Q1 2018 | 2018-03-31 | 0.55 | −0.17 | −23.68% |
| Q4 2017 | 2017-12-31 | 0.64 | −0.14 | −17.45% |
| Q3 2017 | 2017-09-30 | 0.65 | −0.11 | −14.71% |
| Q2 2017 | 2017-06-30 | 0.65 | −0.08 | −10.83% |
| Q1 2017 | 2017-03-31 | 0.72 | 0.02 | +2.34% |
| Q4 2016 | 2016-12-31 | 0.78 | 0.15 | +24.63% |
| Q3 2016 | 2016-09-30 | 0.76 | 0.20 | +35.27% |
| Q2 2016 | 2016-06-30 | 0.73 | 0.22 | +42.87% |
| Q1 2016 | 2016-03-31 | 0.70 | 0.24 | +52.67% |
| Q4 2015 | 2015-12-31 | 0.63 | 0.19 | +43.95% |
| Q3 2015 | 2015-09-30 | 0.56 | 0.21 | +58.48% |
| Q2 2015 | 2015-06-30 | 0.51 | 0.16 | +44.10% |
| Q1 2015 | 2015-03-31 | 0.46 | 0.09 | +25.24% |
| Q4 2014 | 2014-12-31 | 0.43 | 0.02 | +4.53% |
| Q3 2014 | 2014-09-30 | 0.35 | −0.06 | −14.53% |
| Q2 2014 | 2014-06-30 | 0.35 | −0.10 | −22.61% |
| Q1 2014 | 2014-03-31 | 0.37 | −0.07 | −16.18% |
| Q4 2013 | 2013-12-31 | 0.42 | −0.04 | −8.14% |
| Q3 2013 | 2013-09-30 | 0.41 | −0.02 | −3.72% |
| Q2 2013 | 2013-06-30 | 0.46 | 0.01 | +1.24% |
| Q1 2013 | 2013-03-31 | 0.44 | 0.10 | +29.48% |
| Q4 2012 | 2012-12-31 | 0.45 | 0.11 | +30.55% |
| Q3 2012 | 2012-09-30 | 0.43 | 0.07 | +19.22% |
| Q2 2012 | 2012-06-30 | 0.45 | 0.11 | +33.22% |
| Q1 2012 | 2012-03-31 | 0.34 | −0.00 | −0.60% |
| Q4 2011 | 2011-12-31 | 0.35 | 0.00 | +0.78% |
| Q3 2011 | 2011-09-30 | 0.36 | 0.01 | +2.28% |
| Q2 2011 | 2011-06-30 | 0.34 | −0.03 | −8.90% |
| Q1 2011 | 2011-03-31 | 0.34 | −0.08 | −18.64% |
| Q4 2010 | 2010-12-31 | 0.34 | −0.12 | −25.52% |
| Q3 2010 | 2010-09-30 | 0.35 | −0.10 | −21.83% |
| Q2 2010 | 2010-06-30 | 0.37 | −0.12 | −24.20% |
| Q1 2010 | 2010-03-31 | 0.42 | — | — |
| Q4 2009 | 2009-12-31 | 0.46 | −0.03 | −5.91% |
| Q3 2009 | 2009-09-30 | 0.45 | — | — |
| Q2 2009 | 2009-06-30 | 0.49 | — | — |
| Q4 2008 | 2008-12-31 | 0.49 | — | — |
Conocophillips debt-to-equity ratio trends
Over the last five fiscal years, Conocophillips's debt-to-equity ratio decreased from 0.54 to 0.38, a change of −0.16. The latest reported quarter, Q2 2026, shows 0.36.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Conocophillips source filings ↗