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ConocoPhillips COP Debt-to-assets

Debt-to-assets at other companies

Exxon Mobil logo
Exxon MobilXOM
0.1×0.0×
Chevron logo
ChevronCVX
0.1×0.0×
Occidental Petroleum logo
Occidental PetroleumOXY
0.2×-0.1×
EOG Resources logo
EOG ResourcesEOG
0.2×0.0×
Devon Energy logo
Devon EnergyDVN
0.3×0.0×
Permian Resources logo
Permian ResourcesPR
0.2×0.0×

Other financials

Income statement

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Revenue$15.8B-4.6%
Gross profit$9.5B-8.2%
Net income$2.2B-23.4%
EPS (diluted)$1.78-20.2%

Balance sheet

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Cash & equivalents$6.2B-5.7%
Total debt$23.3B-4.5%
Total equity$64.5B-1.1%
Total assets$122.73B-1.2%

Cash flow

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Operating cash flow$4.3B-29.8%

Valuation

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Market cap$135.49B+21.2%
Enterprise value$152.54B+18.2%
P/E18.5×+6.8×
P/S2.3×+0.4×

Profitability

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Gross margin61.5%-2.2pp
Net margin12.6%-4.0pp

Returns & leverage

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Return on equity11.3%-5.4pp
Debt / equity0.4×0.0×
Current ratio1.3×0.0×

Where this comes from

Calculated from ConocoPhillips’s reported figures.

Based on the most recent quarter.

The official record: ConocoPhillips’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ConocoPhillips's debt-to-assets?
ConocoPhillips (COP) reported debt-to-assets of 0.2× in Q1 2026.
How has ConocoPhillips's debt-to-assets changed year-over-year?
ConocoPhillips's debt-to-assets decreased by 3.3% year-over-year, from 0.2× to 0.2×.
What is the long-term trend for ConocoPhillips's debt-to-assets?
Over 4 years (2021 to 2025), ConocoPhillips's debt-to-assets has grown at a -4.1% compound annual growth rate (CAGR), from 1× to 0.8×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.