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ConocoPhillips COP Price / earnings

Price / earnings at other companies

Exxon Mobil logo
Exxon MobilXOM
27.9×+12.4×
Chevron logo
ChevronCVX
37.2×+18.4×
Occidental Petroleum logo
Occidental PetroleumOXY
13.5×-0.8×
EOG Resources logo
EOG ResourcesEOG
14.1×+2.5×
Devon Energy logo
Devon EnergyDVN
13.8×+5.1×
Permian Resources logo
Permian ResourcesPR
26.7×+18.3×

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/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 / earnings?
ConocoPhillips (COP) reported price / earnings of 22× in Q1 2026.
How has ConocoPhillips's price / earnings changed year-over-year?
ConocoPhillips's price / earnings increased by 57.9% year-over-year, from 13.9× to 22×.
What is the long-term trend for ConocoPhillips's price / earnings?
Over 4 years (2021 to 2025), ConocoPhillips's price / earnings has grown at a -64.9% compound annual growth rate (CAGR), from 3,567.5× to 54×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.