ConocoPhillips Debt to Equity Ratio 2012-2025 | COP

Current and historical debt to equity ratio values for ConocoPhillips (COP) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. ConocoPhillips debt/equity for the three months ending December 31, 2025 was 0.35.
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ConocoPhillips Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-12-31 $57.45B $64.49B 0.89
2025-09-30 $57.55B $64.92B 0.89
2025-06-30 $57.03B $65.57B 0.87
2025-03-31 $59.02B $65.24B 0.91
2024-12-31 $57.98B $64.80B 0.90
2024-09-30 $46.82B $49.88B 0.94
2024-06-30 $46.25B $49.75B 0.93
2024-03-31 $46.02B $49.33B 0.93
2023-12-31 $46.65B $49.28B 0.95
2023-09-30 $45.91B $47.75B 0.96
2023-06-30 $42.07B $47.53B 0.89
2023-03-31 $43.66B $47.78B 0.91
2022-12-31 $45.83B $48.00B 0.96
2022-09-30 $45.76B $49.08B 0.93
2022-06-30 $43.49B $50.20B 0.87
2022-03-31 $44.09B $49.22B 0.90
2021-12-31 $45.26B $45.41B 1.00
2021-09-30 $43.19B $44.12B 0.98
2021-06-30 $41.13B $44.28B 0.93
2021-03-31 $40.54B $43.16B 0.94
2020-12-31 $32.77B $29.85B 1.10
2020-09-30 $32.37B $30.78B 1.05
2020-06-30 $31.55B $31.49B 1.00
2020-03-31 $33.65B $31.39B 1.07
2019-12-31 $35.46B $35.05B 1.01
2019-09-30 $35.10B $35.24B 1.00
2019-06-30 $38.19B $33.07B 1.16
2019-03-31 $38.52B $32.98B 1.17
2018-12-31 $37.92B $32.06B 1.18
2018-09-30 $38.48B $32.08B 1.20
2018-06-30 $37.71B $31.22B 1.21
2018-03-31 $40.01B $30.72B 1.30
2017-12-31 $42.56B $30.80B 1.38
2017-09-30 $44.15B $30.71B 1.44
2017-06-30 $47.51B $30.50B 1.56
2017-03-31 $52.37B $35.60B 1.47
2016-12-31 $54.55B $35.23B 1.55
2016-09-30 $57.83B $36.46B 1.59
2016-06-30 $58.22B $37.83B 1.54
2016-03-31 $60.43B $39.41B 1.53
2015-12-31 $57.40B $40.08B 1.43
2015-09-30 $61.39B $44.56B 1.38
2015-06-30 $63.03B $48.97B 1.29
2015-03-31 $61.03B $49.01B 1.25
2014-12-31 $64.27B $52.27B 1.23
2014-09-30 $63.33B $55.66B 1.14
2014-06-30 $65.96B $55.69B 1.19
2014-03-31 $66.40B $53.62B 1.24
2013-12-31 $65.57B $52.49B 1.25
2013-09-30 $68.22B $51.54B 1.32
2013-06-30 $68.02B $48.93B 1.39
2013-03-31 $68.54B $49.24B 1.39
2012-12-31 $68.72B $48.43B 1.42
2012-09-30 $67.49B $47.88B 1.41
2012-06-30 $67.57B $46.44B 1.46
2012-03-31 $95.84B $67.04B 1.43
2011-12-31 $87.48B $65.75B 1.33
2011-09-30 $88.36B $66.33B 1.33
2011-06-30 $89.49B $70.58B 1.27
2011-03-31 $89.12B $70.52B 1.26
2010-12-31 $87.21B $69.11B 1.26
2010-09-30 $85.42B $69.92B 1.22
2010-06-30 $85.51B $65.95B 1.30
2010-03-31 $91.39B $63.42B 1.44
2009-12-31 $89.53B $62.61B 1.43
2009-09-30 $90.33B $62.10B 1.46
2009-06-30 $90.07B $60.01B 1.50
2009-03-31 $87.06B $56.19B 1.55
2008-12-31 $86.60B $56.27B 1.54
2008-09-30 $91.73B $92.88B 0.99
2008-06-30 $97.76B $92.40B 1.06
2008-03-31 $93.70B $89.58B 1.05
2007-12-31 $88.77B $88.98B 1.00
2007-09-30 $86.49B $86.93B 1.00
2007-06-30 $85.94B $84.93B 1.01
2007-03-31 $88.43B $84.78B 1.04
2006-12-31 $82.14B $82.65B 0.99
2006-09-30 $83.25B $80.48B 1.03
2006-06-30 $84.54B $77.38B 1.09
2006-03-31 $87.46B $72.19B 1.21
2005-12-31 $54.27B $52.73B 1.03
2005-09-30 $54.53B $49.84B 1.09
2005-06-30 $50.17B $47.30B 1.06
2005-03-31 $51.86B $45.03B 1.15
2004-12-31 $50.14B $42.72B 1.17
2004-09-30 $49.05B $39.77B 1.23
2004-06-30 $47.71B $37.83B 1.26
2004-03-31 $48.61B $35.82B 1.36
2003-12-31 $48.09B $34.37B 1.40
2003-09-30 $48.99B $32.97B 1.49
2003-06-30 $48.70B $32.03B 1.52
2003-03-31 $49.19B $30.93B 1.59
2002-12-31 $47.32B $29.52B 1.60
2002-09-30 $47.49B $29.99B 1.58
2002-06-30 $22.37B $14.46B 1.55
2002-03-31 $21.56B $14.11B 1.53
2001-12-31 $20.88B $14.34B 1.46
2001-09-30 $20.93B $14.42B 1.45
2001-06-30 $13.70B $7.05B 1.94
2001-03-31 $14.16B $6.50B 2.18
2000-12-31 $14.42B $6.09B 2.37
2000-09-30 $15.14B $5.44B 2.79
2000-06-30 $15.18B $5.08B 2.99
2000-03-31 $10.36B $4.71B 2.20
1999-12-31 $10.65B $4.55B 2.34
1999-09-30 $10.81B $4.39B 2.46
1999-06-30 $10.54B $4.22B 2.50
1999-03-31 $10.26B $4.21B 2.44
1998-12-31 $10.00B $4.22B 2.37
1998-09-30 $9.82B $4.64B 2.12
1998-06-30 $9.11B $4.84B 1.88
1998-03-31 $9.08B $4.89B 1.86
1997-12-31 $9.05B $4.81B 1.88
1997-09-30 $9.50B $4.72B 2.01
1997-06-30 $9.24B $4.59B 2.01
1997-03-31 $9.27B $4.39B 2.11
1996-12-31 $9.30B $4.25B 2.19
1996-09-30 $8.53B $4.40B 1.94
1996-06-30 $8.48B $4.28B 1.98
1996-03-31 $8.41B $3.82B 2.20
1995-12-31 $8.79B $3.19B 2.76
1995-09-30 $8.59B $3.15B 2.72
1995-06-30 $8.64B $3.09B 2.80
1995-03-31 $8.53B $3.03B 2.82
1994-12-31 $8.48B $2.95B 2.87
1994-09-30 $8.19B $2.85B 2.87
1994-06-30 $7.97B $2.79B 2.86
1994-03-31 $7.85B $2.75B 2.85
1993-12-31 $8.18B $2.69B 3.04
1993-09-30 $8.17B $2.74B 2.98
1993-06-30 $8.26B $3.13B 2.64
1993-03-31 $8.35B $3.06B 2.73
1992-12-31 $8.41B $2.70B 3.12
1992-09-30 $9.00B $2.66B 3.38
1992-06-30 $9.05B $2.62B 3.46
1992-03-31 $8.90B $2.57B 3.46
1991-12-31 $8.70B $2.76B 3.16
1991-09-30 $9.29B $2.78B 3.34
1991-06-30 $9.17B $2.77B 3.31
1991-03-31 $9.24B $2.80B 3.30
1990-12-31 $9.41B $2.72B 3.46
1990-09-30 $9.79B $2.57B 3.82
1990-06-30 $9.41B $2.44B 3.86
1990-03-31 $9.31B $2.33B 3.99
1989-12-31 $9.12B $2.13B 4.28
1989-09-30 $9.24B $2.44B 3.79
1989-06-30 $9.35B $2.42B 3.86
1989-03-31 $9.56B $2.25B 4.25
1988-12-31 $9.86B $2.11B 4.66
1988-09-30 $9.94B $2.00B 4.97
1988-06-30 $9.93B $2.05B 4.85
1988-03-31 $10.18B $1.91B 5.32
1987-12-31 $10.26B $1.82B 5.63
1987-09-30 $10.25B $1.87B 5.48
1987-06-30 $10.30B $1.88B 5.48
1987-03-31 $10.36B $1.93B 5.37
1986-12-31 $10.39B $1.99B 5.21
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - US Integrated $149.370B $61.548B
ConocoPhillips is primarily involved in the exploration and production of oil and natural gas. Considering proved reserves and production, the company is the largest explorer and producer in the world. The company, founded in 1875, has strong presence across conventional and unconventional plays in 16 countries. ConocoPhillips' low risk and cost-effective operations spread across North America, Asia, Australia and Europe. The upstream energy player also has foothold in Canada's oil sand resources and has exposure to developments related to liquefied natural gas (LNG).
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