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ConocoPhillips COP Price / book

Price / book at other companies

Exxon Mobil logo
Exxon MobilXOM
2.8×+0.8×
Chevron logo
ChevronCVX
2.2×+0.3×
Occidental Petroleum logo
Occidental PetroleumOXY
1.7×+0.3×
EOG Resources logo
EOG ResourcesEOG
2.5×+0.1×
Devon Energy logo
Devon EnergyDVN
+0.4×
Permian Resources logo
Permian ResourcesPR
1.5×+0.5×

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 price / book?
ConocoPhillips (COP) reported price / book of 2.5× in Q1 2026.
How has ConocoPhillips's price / book changed year-over-year?
ConocoPhillips's price / book increased by 22.5% year-over-year, from 2× to 2.5×.
What is the long-term trend for ConocoPhillips's price / book?
Over 4 years (2021 to 2025), ConocoPhillips's price / book has grown at a -0.6% compound annual growth rate (CAGR), from 7.6× to 7.4×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.