What is ConocoPhillips's deferred taxes?

ConocoPhillips (COP) reported deferred taxes of $12.39B in Q1 2026.

How has ConocoPhillips's deferred taxes changed year-over-year?

ConocoPhillips's deferred taxes increased by 7.9% year-over-year, from $11.48B to $12.39B.

What is the long-term trend for ConocoPhillips's deferred taxes?

Over 5 years (2020 to 2025), ConocoPhillips's deferred taxes has grown at a 26.7% compound annual growth rate (CAGR), from $3.75B to $12.24B.

ConocoPhillips COP Deferred Taxes

Deferred Taxes at other companies

Occidental PetroleumOXY

$5.03B-4.4%

EOG ResourcesEOG

$6.87B+16.1%

Valero EnergyVLO

$4.73B-4.6%

Exxon MobilXOM

——

ChevronCVX

——

Permian ResourcesPR

——

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$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

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:DeferredIncomeTaxLiabilitiesNet.

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 deferred taxes?: ConocoPhillips (COP) reported deferred taxes of $12.39B in Q1 2026.
How has ConocoPhillips's deferred taxes changed year-over-year?: ConocoPhillips's deferred taxes increased by 7.9% year-over-year, from $11.48B to $12.39B.
What is the long-term trend for ConocoPhillips's deferred taxes?: Over 5 years (2020 to 2025), ConocoPhillips's deferred taxes has grown at a 26.7% compound annual growth rate (CAGR), from $3.75B to $12.24B.