Tax
Effective Tax Rate
ConocoPhillips Effective Tax Rate decreased by 14.4% to $0.35 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.0%, from $0.36 to $0.35.
Analysis
StatementIncome Statement
SectionTax
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026
Metric ID:
anet_effective_tax_rateHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.32 | $0.34 | $0.02 | $0.27 | $0.33 | $0.39 | $0.01 | $0.36 | $0.34 | $0.32 | $0.33 | $0.36 | $0.36 | $0.36 | $0.35 | $0.41 | $0.35 |
| QoQ Change | — | +4.7% | -95.5% | >999% | +21.0% | +19.5% | -97.7% | >999% | -6.7% | -5.4% | +3.8% | +10.0% | +0.3% | -0.5% | -4.1% | +18.2% | -14.4% |
| YoY Change | — | — | — | — | +2.2% | +16.7% | -40.0% | +32.8% | +2.4% | -18.9% | -8.3% | +8.0% | +14.5% | +9.7% | -4.4% | +12.6% | -3.0% |
Range$0.01 – $0.41
CAGR+2.3%
Avg YoY Growth+1.9%
Median YoY Growth+2.4%
Effective Tax Rate at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's effective tax rate?
- ConocoPhillips (COP) reported effective tax rate of $0.35 in Q1 2026.
- How has ConocoPhillips's effective tax rate changed year-over-year?
- ConocoPhillips's effective tax rate decreased by 3.0% year-over-year, from $0.36 to $0.35.