Operating Expenses
Operating Lease Cost
ConocoPhillips Operating Lease Cost remained flat by 0.0% to $111.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 37.5%, from $81.25M to $111.75M. Over 4 years (FY 2021 to FY 2025), Operating Lease Cost shows an upward trend with a 12.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2025Feb 17, 2026
How to read this metric
Increasing costs signal higher recurring operational overhead related to leased assets.
Detailed definition
The portion of total lease expense specifically attributable to operating leases, recognized on a straight-line basis ov...
Peer comparison
Standard metric for comparing rental and leasing overhead across retail, manufacturing, and logistics sectors.
Metric ID:
cat_operating_lease_costHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $278.00M | $212.00M | $229.00M | $325.00M | $447.00M |
| YoY Change | — | -23.7% | +8.0% | +41.9% | +37.5% |
Range$212.00M – $447.00M
CAGR+12.6%
Avg YoY Growth+15.9%
Median YoY Growth+22.8%
Current Streak3 years growth
Operating Lease Cost at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's operating lease cost?
- ConocoPhillips (COP) reported operating lease cost of $111.75M in Q4 2025.
- How has ConocoPhillips's operating lease cost changed year-over-year?
- ConocoPhillips's operating lease cost increased by 37.5% year-over-year, from $81.25M to $111.75M.
- What is the long-term trend for ConocoPhillips's operating lease cost?
- Over 4 years (2021 to 2025), ConocoPhillips's operating lease cost has grown at a 12.6% compound annual growth rate (CAGR), from $278.00M to $447.00M.
- What does operating lease cost mean?
- The expense recognized for operating leases.