What does total segments — equity in earnings of affiliates mean?

This metric represents the company's share of the net income or loss from investments in entities where it holds significant influence but not full control. It reflects the performance of joint ventures and partnerships in which the company participates. It is a key indicator of the value generated from collaborative industry projects.

ConocoPhillips (COP) Total Segments — Equity in earnings of affiliates

Screener

Other segment segments

Asia Pacific Operating Segment

$167M-9.7%

EMENA

$45M-60.9%

Corporate

$27M+145%

Alaska Segment

$0—

Canada Operating Segment

$0—

Lower 48

$0-100%

Similar metrics at other companies

PSXMidstream — Equity in earnings of affiliates

$99M+1.0%

PSXRefining — Equity in earnings of affiliates

-$1M+50.0%

PAGOther — Equity in earnings of affiliates

$0—

PSXChemicals — Equity in earnings of affiliates

$403M+1,915%

PSXM&S — Equity in earnings of affiliates

$135M+255%

PSXRenewable Fuels — Equity in earnings of affiliates

-$1M0.0%

Other financials

Income statement

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Revenue$19.2B+36.8%

Gross profit$12.4B+39.6%

Net income$3.9B+99.4%

EPS (diluted)$3.23+107%

Balance sheet

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Cash & equivalents$7.0B+33.3%

Total debt$23.8B-0.6%

Total equity$65.3B-0.3%

Total assets$124.26B+1.4%

Cash flow

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Operating cash flow$7.4B+113%

CapEx$3.0B-8.9%

Free cash flow$1.3B+13.6%

Valuation

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Market cap$141.29B+21.0%

Enterprise value$158.09B+16.7%

P/E15.2×+2.5×

P/S2.2×+0.2×

Profitability

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Gross margin62%-1.5pp

Net margin14.7%-1.2pp

FCF margin12.3%-2.3pp

Returns & leverage

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Return on equity14.2%-1.8pp

Debt / equity0.4×0.0×

Current ratio1.5×+0.3×

Where this comes from

Reported directly by ConocoPhillips in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The source filing: ConocoPhillips’s 10-Q, filed August 6, 2026.

Filed: Aug 6, 2026, 7:39 AM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001163165-26-000032

Three Months Ended June 30, 2026	Millions of Dollars / Alaska	Millions of Dollars / L48	Millions of Dollars / Canada	Millions of Dollars / EMENA	Millions of Dollars / AP	Millions of Dollars / Segment Totals	Millions of Dollars / Corporate	Millions of Dollars / Consolidated Total
Income tax provision (benefit)	159	722	104	1,033	110	2,128	23	2,151
Total	1,027	4,145	527	1,544	304	7,547	18	7,565
Other segment items
Equity in earnings of affiliates	—	—	—	(45)	(167)	(212)	(27)	(239)
Interest income	—	—	—	—	—	—	(80)	(80)
Interest and debt expense	—	—	—	—	—	—	182	182
Other**	324	6,299	457	431	148	7,659	143	7,802
Total	324	6,299	457	386	(19)	7,447	218	7,665

Item 1. Financial Statements

FAQ

What is ConocoPhillips's total segments — equity in earnings of affiliates?: ConocoPhillips (COP) reported total segments — equity in earnings of affiliates of $212M in Q2 2026.
How has ConocoPhillips's total segments — equity in earnings of affiliates changed year-over-year?: ConocoPhillips's total segments — equity in earnings of affiliates decreased by 30.3% year-over-year, from $304M to $212M.
What does total segments — equity in earnings of affiliates mean?: This metric represents the company's share of the net income or loss from investments in entities where it holds significant influence but not full control. It reflects the performance of joint ventures and partnerships in which the company participates. It is a key indicator of the value generated from collaborative industry projects.