Tax

Cash Paid for Income Taxes

ConocoPhillips Cash Paid for Income Taxes decreased by 27.8% to $669.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 43.7%, from $1.19B to $669.00M. Over 4 years (FY 2021 to FY 2025), Cash Paid for Income Taxes shows an upward trend with a 54.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Higher cash taxes relative to book income may indicate lower tax efficiency or the exhaustion of tax credits.

Detailed definition

The actual cash outflow for income taxes to federal, state, and foreign tax authorities during the reporting period. Unl...

Peer comparison

A standard line item in the Cash Flow Statement for all public companies; essential for cross-company cash flow analysis.

Metric ID: c_cash_paid_for_income_taxes

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$54.00M$251.00M$498.00M$1.64B$2.30B$1.66B$1.77B$1.06B$2.14B$939.00M$1.27B$707.00M$1.36B$730.00M$824.00M$1.19B$2.01B$698.00M$926.00M$669.00M
QoQ Change+364.8%+98.4%+229.3%+40.4%-27.9%+6.4%-39.9%+101.5%-56.1%+34.7%-44.1%+92.4%-46.3%+12.9%+44.2%+69.2%-65.3%+32.7%-27.8%
YoY Change>999%+561.4%+254.6%-35.2%-7.0%-43.4%-28.4%-33.4%-36.4%-22.3%-34.9%+68.0%+47.8%-4.4%+12.4%-43.7%
Range$54.00M$2.30B
CAGR+69.9%
Avg YoY Growth+301.1%
Median YoY Growth-14.6%

Frequently Asked Questions

What is ConocoPhillips's cash paid for income taxes?
ConocoPhillips (COP) reported cash paid for income taxes of $669.00M in Q1 2026.
How has ConocoPhillips's cash paid for income taxes changed year-over-year?
ConocoPhillips's cash paid for income taxes decreased by 43.7% year-over-year, from $1.19B to $669.00M.
What is the long-term trend for ConocoPhillips's cash paid for income taxes?
Over 4 years (2021 to 2025), ConocoPhillips's cash paid for income taxes has grown at a 54.1% compound annual growth rate (CAGR), from $856.00M to $4.82B.
What does cash paid for income taxes mean?
The actual amount of cash paid to tax authorities during the year.