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ConocoPhillips COP Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations

Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations at other companies

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RB GlobalRBA
$1.6M+12.3%
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$33.9M+16.5%
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SBA CommunicationsSBAC
$89.75K+124%
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$89.75K+124%
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$1M

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:UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations.

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 unrecognized tax benefits, reduction resulting from lapse of applicable statute of limitations?
ConocoPhillips (COP) reported unrecognized tax benefits, reduction resulting from lapse of applicable statute of limitations of $3.25M in Q4 2025.
How has ConocoPhillips's unrecognized tax benefits, reduction resulting from lapse of applicable statute of limitations changed year-over-year?
ConocoPhillips's unrecognized tax benefits, reduction resulting from lapse of applicable statute of limitations decreased by 31.6% year-over-year, from $4.75M to $3.25M.
What is the long-term trend for ConocoPhillips's unrecognized tax benefits, reduction resulting from lapse of applicable statute of limitations?
Over 4 years (2021 to 2025), ConocoPhillips's unrecognized tax benefits, reduction resulting from lapse of applicable statute of limitations has grown at a -27.9% compound annual growth rate (CAGR), from $48M to $13M.