Free cash flow
ConocoPhillips Free cash flow decreased by 57.0% to $1.30B in Q4 2025 compared to the prior quarter. Over 2 years (FY 2021 to FY 2025), Free cash flow shows a downward trend with a -21.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.99B | $3.50B | $4.31B | $2.74B | $7.30B | $8.34B | $0.00 | $5.22B | $3.62B | $5.26B | $4.81B | $4.91B | $5.72B | $2.74B | $199.00M | $3.01B | $1.30B |
| QoQ Change | — | +17.0% | +23.3% | -36.5% | +166.6% | +14.3% | -100.0% | — | -30.7% | +45.4% | -8.5% | +2.1% | +16.5% | -52.2% | -92.7% | >999% | -57.0% |
| YoY Change | — | — | — | — | +144.3% | +138.5% | -100.0% | +90.6% | -50.4% | -36.9% | -7.7% | +35.9% | +8.9% | -43.1% | -96.0% | -47.4% | — |
Free cash flow at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's free cash flow?
- ConocoPhillips (COP) reported free cash flow of $1.30B in Q4 2025.
- What is the long-term trend for ConocoPhillips's free cash flow?
- Over 2 years (2021 to 2025), ConocoPhillips's free cash flow has grown at a -21.2% compound annual growth rate (CAGR), from $11.67B to $7.24B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.