Tax

Effective Income Tax Rate, Continuing Operations

ConocoPhillips Effective Income Tax Rate, Continuing Operations 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: cop_effective_income_tax_rate_continuing_operations

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '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 Income Tax Rate, Continuing Operations at Other Companies

Frequently Asked Questions

What is ConocoPhillips's effective income tax rate, continuing operations?
ConocoPhillips (COP) reported effective income tax rate, continuing operations of $0.35 in Q1 2026.
How has ConocoPhillips's effective income tax rate, continuing operations changed year-over-year?
ConocoPhillips's effective income tax rate, continuing operations decreased by 3.0% year-over-year, from $0.36 to $0.35.