What is ConocoPhillips's pp&e (gross)?

ConocoPhillips (COP) reported pp&e (gross) of $183.64B in Q4 2025.

How has ConocoPhillips's pp&e (gross) changed year-over-year?

ConocoPhillips's pp&e (gross) increased by 4.7% year-over-year, from $175.43B to $183.64B.

What is the long-term trend for ConocoPhillips's pp&e (gross)?

Over 4 years (2021 to 2025), ConocoPhillips's pp&e (gross) has grown at a 9.1% compound annual growth rate (CAGR), from $129.65B to $183.64B.

What does pp&e (gross) mean?

The total original cost of all physical assets like machinery, buildings, and equipment before subtracting depreciation.

Non-Current Assets

PP&E (Gross)

ConocoPhillips PP&E (Gross) increased by 4.7% to $183.64B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.7%, from $175.43B to $183.64B. Over 4 years (FY 2021 to FY 2025), PP&E (Gross) shows an upward trend with a 9.1% CAGR.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2019

Last reportedQ4 2025

Parent metricPP&E (Net)

How to read this metric

An increase reflects ongoing capital expenditure and investment in production capacity, while a decrease may indicate asset divestitures or lack of reinvestment.

Detailed definition

This represents the total historical cost of all property, plant, and equipment assets before accounting for accumulated...

Peer comparison

For exploration and production firms, this reflects the massive capital investment required to maintain and expand oil and gas reserves.

Metric ID: ppe_total_gross

Historical Data

5 periods

	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$129.65B	$131.50B	$144.41B	$175.43B	$183.64B
QoQ Change	—	+1.4%	+9.8%	+21.5%	+4.7%
YoY Change	—	+1.4%	+9.8%	+21.5%	+4.7%
% of PP&E (Net)	199.7%	181.7%	185.3%	170.4%	179.9%
Share Change	—	-18.0pp	+3.5pp	-14.9pp	+9.5pp

Range$129.65B – $183.64B

CAGR+41.6%

Avg YoY Growth+9.4%

Median YoY Growth+7.2%

Current Streak4+ quarters growth

PP&E (Gross) at Other Companies

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Frequently Asked Questions

What is ConocoPhillips's pp&e (gross)?: ConocoPhillips (COP) reported pp&e (gross) of $183.64B in Q4 2025.
How has ConocoPhillips's pp&e (gross) changed year-over-year?: ConocoPhillips's pp&e (gross) increased by 4.7% year-over-year, from $175.43B to $183.64B.
What is the long-term trend for ConocoPhillips's pp&e (gross)?: Over 4 years (2021 to 2025), ConocoPhillips's pp&e (gross) has grown at a 9.1% compound annual growth rate (CAGR), from $129.65B to $183.64B.
What does pp&e (gross) mean?: The total original cost of all physical assets like machinery, buildings, and equipment before subtracting depreciation.