Last 48 quarters of trend data · Energy · Oil & Gas Exploration & Production
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
ConocoPhillips's quarterly P/E stands at 20.0x, up 53.3% year-over-year — indicating the stock has re-rated higher or earnings have softened.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 17.90 | 20.00 | 17.14 | 14.38 | 11.77 | 13.05 | 14.95 | 14.44 | 14.80 | 11.51 | 12.91 | 14.08 | 10.38 |
| — | +53.3% | +14.6% | -0.4% | -20.4% | +13.3% | +15.8% | +2.6% | +42.6% | +1.9% | +79.1% | +148.3% | +82.6% | |
| P/S Ratio | 2.33 | 1.97 | 1.96 | 2.02 | 2.03 | 2.06 | 2.36 | 2.46 | 2.72 | 2.36 | 2.52 | 2.54 | 2.05 |
| — | -4.1% | -16.8% | -18.0% | -25.3% | -12.8% | -6.5% | -2.8% | +32.7% | +18.2% | +64.0% | +84.5% | +14.1% | |
| P/B Ratio | 2.11 | 1.74 | 1.82 | 1.72 | 2.05 | 1.81 | 2.46 | 2.69 | 3.05 | 2.80 | 3.01 | 2.64 | 2.54 |
| — | -3.9% | -26.0% | -36.0% | -32.6% | -35.5% | -18.4% | +2.0% | +19.9% | -6.8% | +13.7% | +13.8% | -4.4% | |
| P/FCF | 8.29 | 21.62 | 2.35 | 141.94 | 12.23 | 25.68 | 10.75 | 17.16 | 18.15 | 14.51 | 12.39 | 33.67 | 12.11 |
| — | -15.8% | -78.1% | +727.1% | -32.6% | +77.0% | -13.2% | -49.0% | +49.9% | +63.1% | +138.2% | +588.2% | -29.4% | |
| EV / EBITDA | 6.71 | 6.32 | 6.00 | 6.04 | 5.40 | 6.06 | 6.40 | 6.35 | 7.19 | 6.06 | 6.45 | 6.69 | 5.34 |
| — | +4.2% | -6.2% | -5.0% | -24.9% | +0.1% | -0.8% | -5.1% | +34.7% | +9.0% | +67.9% | +92.6% | +25.0% | |
| EV / EBIT | 13.17 | 14.02 | 10.49 | 9.84 | 7.94 | 10.54 | 9.67 | 9.39 | 9.96 | 8.34 | 8.82 | 9.43 | 6.80 |
| — | +33.0% | +8.5% | +4.8% | -20.3% | +26.4% | +9.6% | -0.4% | +46.6% | +17.8% | +95.7% | +136.4% | +55.4% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
ConocoPhillips's operating margin was 16.2% in Q4 2025, down 2.2 pp QoQ and down 4.7 pp YoY. This marks the 4th consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 19.6% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 118.6% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.2% | 63.4% | 24.1% | 24.4% | 30.0% | 29.0% | 27.5% | 30.6% | 30.2% | 31.9% | 31.8% | 30.4% | 32.9% |
| — | +118.6% | -12.2% | -20.3% | -0.8% | -9.0% | -13.5% | +0.8% | -8.0% | +1.9% | -17.4% | -22.5% | -20.9% | |
| Operating Margin | 19.8% | 16.2% | 18.3% | 18.5% | 25.5% | 20.9% | 22.4% | 25.5% | 24.9% | 27.6% | 26.8% | 24.6% | 27.9% |
| — | -22.6% | -18.0% | -27.3% | +2.3% | -24.2% | -16.5% | +3.6% | -10.6% | +4.6% | -20.5% | -27.6% | -22.6% | |
| Net Margin | 13.3% | 9.9% | 11.5% | 14.0% | 17.3% | 16.2% | 15.8% | 17.1% | 18.4% | 20.5% | 19.6% | 18.0% | 19.8% |
| — | -39.0% | -27.3% | -17.8% | -6.4% | -21.1% | -19.2% | -5.0% | -6.7% | +14.0% | -8.7% | -26.0% | -37.7% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 12.3% | 2.2% | 2.6% | 3.0% | 4.4% | 4.0% | 4.1% | 4.7% | 5.2% | 6.2% | 5.9% | 4.7% | 6.1% |
| — | -46.1% | -35.8% | -35.9% | -15.3% | -35.1% | -29.6% | +0.4% | -15.4% | -7.7% | -35.8% | -54.9% | -49.9% | |
| ROA | 6.5% | 1.1% | 1.4% | 1.6% | 2.3% | 2.1% | 2.1% | 2.4% | 2.7% | 3.2% | 3.0% | 2.5% | 3.2% |
| — | -45.3% | -33.9% | -34.4% | -13.5% | -33.7% | -30.0% | -1.2% | -15.7% | -8.2% | -36.6% | -55.4% | -49.7% | |
| ROIC | 10.7% | 2.1% | 2.5% | 2.3% | 3.8% | 3.0% | 3.4% | 4.1% | 4.1% | 5.0% | 4.9% | 3.9% | 5.3% |
| — | -30.8% | -28.2% | -43.5% | -8.4% | -39.4% | -30.3% | +4.5% | -22.8% | -18.5% | -45.4% | -55.4% | -33.9% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
ConocoPhillips's Debt/EBITDA ratio is 4.6x, up from 4.1x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.39 | 0.37 | 0.37 | 0.37 | 0.40 | 0.40 | 0.35 | 0.35 |
| — | -7.1% | -1.4% | -2.7% | -2.4% | -1.8% | -8.1% | +6.6% | +7.6% | +11.3% | +15.5% | +2.3% | -8.9% | |
| Debt / EBITDA | 1.01 | 4.60 | 4.14 | 4.32 | 3.40 | 4.49 | 3.45 | 3.15 | 3.25 | 3.13 | 3.19 | 3.24 | 2.70 |
| — | +2.3% | +19.8% | +37.0% | +4.5% | +43.7% | +8.2% | -2.6% | +20.1% | +27.0% | +70.2% | +73.3% | +20.8% | |
| Current Ratio | 1.30 | 1.30 | 1.32 | 1.27 | 1.27 | 1.29 | 1.30 | 1.33 | 1.35 | 1.43 | 1.66 | 1.41 | 1.39 |
| — | +0.5% | +1.8% | -4.6% | -6.1% | -9.9% | -21.8% | -5.9% | -3.2% | -1.9% | +13.7% | -8.4% | -7.8% | |
| Quick Ratio | 1.14 | 1.14 | 1.18 | 1.10 | 1.13 | 1.14 | 1.16 | 1.19 | 1.21 | 1.29 | 1.53 | 1.28 | 1.29 |
| — | -0.0% | +1.7% | -7.9% | -6.5% | -11.7% | -24.4% | -7.4% | -6.1% | -5.3% | +11.6% | -11.0% | -8.9% | |
| Interest Coverage | 10.40 | 7.93 | 12.37 | 7.91 | 14.04 | 10.79 | 10.81 | 12.44 | 12.07 | 13.57 | 14.60 | 12.30 | 16.11 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorSee our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare performance and metrics against top competitors.
Start ComparisonConocoPhillips's current P/E is 17.9x. The average P/E over the last 4 quarters is 15.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
ConocoPhillips's current operating margin is 19.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking ConocoPhillips's business trajectory between earnings reports.