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ConocoPhillips COP Current State And Local Tax Expense Benefit

Current State And Local Tax Expense Benefit at other companies

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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-5.6%
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%
CapEx$3.0B-75.5%
Free cash flow$1.3B

Valuation

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Market cap$131.26B+21.2%
Enterprise value$148.31B+18.2%
P/E17.9×+6.6×
P/S2.3×+0.4×

Profitability

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Gross margin61.5%-2.2pp
Net margin12.6%-4.0pp
FCF margin12.3%

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

Reported directly by ConocoPhillips in its filing.

Tagged under the XBRL concept us-gaap:CurrentStateAndLocalTaxExpenseBenefit.

The official record: ConocoPhillips’s 10-K, filed February 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ConocoPhillips's current state and local tax expense benefit?
ConocoPhillips (COP) reported current state and local tax expense benefit of $44.25M in Q4 2025.
How has ConocoPhillips's current state and local tax expense benefit changed year-over-year?
ConocoPhillips's current state and local tax expense benefit decreased by 2.7% year-over-year, from $45.5M to $44.25M.
What is the long-term trend for ConocoPhillips's current state and local tax expense benefit?
Over 4 years (2021 to 2025), ConocoPhillips's current state and local tax expense benefit has grown at a 8.7% compound annual growth rate (CAGR), from $127M to $177M.