CONOCOPHILLIPS (COP) Stock Analysis

Analysis from 10-Q filed 2025-11-06. Data as of Q1 2026.

Overall Grade: F (Concerning)

Grade F (Concerning). ROIC 31.2%. FCF margin 30.9%. D/E 0.4x. Source: 10-Q filed 2025-11-06.

Metric	Value	Context
ROIC	31.2%	Above industry average
FCF Margin	30.9%	Strong cash generation
Debt/Equity	0.4x	Conservative leverage

ROIC 31.2% — Top 5% of sector peers. FCF margin 30.9% — Top 50%.

Explore CONOCOPHILLIPS: Earnings History | Filings | ROIC Analysis

Programmatic access: Available via MCP at mcp.metricduck.com. Tools for COP: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_changes, get_metric_history, compare_companies, screen_filing_signals.

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Profitability: CONOCOPHILLIPS earns 31.2% ROIC, Top 5% in Energy

ROIC TTM 31.2%, sector median 6.7%, Top 5%. DuPont: NOPAT margin 52.4% × asset turnover 0.5x. Gross margin 61.5%. Operating margin 82.6%. Source: 10-Q filed 2025-11-06.

Metric	COP	Rating	Context
Return on Invested Capital (ROIC)	31.2%	Excellent	Above sector median of 6.7%
Return on Equity (ROE)	11.2%	Adequate	Moderate equity returns
Gross Margin	61.5%	Excellent	Strong pricing power
Operating Margin	82.6%	Excellent	Efficient operations

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Cash Flow: CONOCOPHILLIPS generates $18.0B FCF at 30.9% margin, positive NaN/8 quarters

FCF TTM $18.0B. FCF margin 30.9%, Top 50%. OCF/Net income 2.5x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2025-11-06.

Metric	COP	Rating	Context
Free Cash Flow Margin	30.9%	Excellent	Excellent cash conversion
Free Cash Flow (TTM)	$18.0B	Good	Positive cash generation
OCF/Net Income	2.5x	Excellent	High earnings quality
FCF Consistency (8Q)	N/A	Warning	Variable cash flow

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Balance Sheet: CONOCOPHILLIPS at 0.4x leverage

Debt/Equity 0.4x. Total debt $23.3B, cash & investments $6.7B. Source: 10-Q filed 2025-11-06.

Metric	COP	Rating	Context
Debt to Equity	0.4x	Good	Conservative capital structure
Net Cash Position	$-16.6B	Warning	Net debt position

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Valuation: CONOCOPHILLIPS trades at 22.4x earnings

P/E 22.4x. EV/Sales 3.1x. FCF yield 11.0%. Dividend yield 2.5%. Source: 10-Q filed 2025-11-06.

Metric	COP	Rating	Context
P/E Ratio	22.4x	Adequate	Premium valuation
EV/Sales	3.1x	Good	Growth premium priced in
FCF Yield	11.0%	Excellent	Attractive cash return
Dividend Yield	2.5%	Adequate	Growth focus over income

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Capital Allocation: CONOCOPHILLIPS returns 5.2% shareholder yield

Total shareholder yield 5.2% (div 2.5% + buyback 2.8%). Capital returned $8.6B TTM. Source: 10-Q filed 2025-11-06.

Metric	COP	Rating	Context
Total Shareholder Yield	5.2%	Good	Dividend + buyback yield combined
Buyback Yield	2.8%	Adequate	Active share repurchases
Total Capital Returned (TTM)	$8.6B	Good	Dividends + buybacks returned to shareholders

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Sector Rankings

Metric	Value	Percentile	vs Median
Return on Invested Capital (ROIC)	31.2%	Top 5%	4.7x above
Free Cash Flow Margin	30.9%	Top 50%	4.1x above
Gross Margin	61.5%	Top 50%	1.9x above
Operating Margin	82.6%	Top 5%	8.7x above
Return on Equity (ROE)	11.2%	Top 50%	1.3x above
P/E Ratio	22.4x	N/A	-

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Financial Scorecard

Metric	COP	Rating	Sector Context
Return on Invested Capital (ROIC)	31.2%	Excellent	Top 5% of sector (median: 6.7%)
Free Cash Flow Margin	30.9%	Excellent	Top 50% of sector (median: 7.6%)
Gross Margin	61.5%	Excellent	Top 50% of sector (median: 31.9%)
Debt to Equity Ratio	36.1%	Good	Moderate leverage
P/E Ratio (Price-to-Earnings)	22.4x	Adequate	Fair value
Free Cash Flow Yield	11.0%	Excellent	High cash return

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Frequently Asked Questions

Q: What is CONOCOPHILLIPS's Return on Invested Capital (ROIC)?

CONOCOPHILLIPS (COP) has a trailing twelve-month Return on Invested Capital (ROIC) of 31.2%. Sector median 6.7%. Source: 10-Q filed 2025-11-06.

Q: What is CONOCOPHILLIPS's Free Cash Flow Margin?

CONOCOPHILLIPS (COP) has a free cash flow margin of 30.9%, generating $18.0 billion in free cash flow over the trailing twelve months. Source: 10-Q filed 2025-11-06.

Q: What is CONOCOPHILLIPS's P/E ratio and how does it compare to peers?

CONOCOPHILLIPS (COP) trades at a P/E ratio of 22.4x, which is above the sector median of N/A. EV/Sales 3.1x. FCF yield 11.0%. Source: 10-Q filed 2025-11-06.

Q: Does CONOCOPHILLIPS pay a dividend?

CONOCOPHILLIPS (COP) currently pays a dividend yield of 2.5%. Total shareholder yield (dividend + buybacks) 5.2%. Source: 10-Q filed 2025-11-06.

Q: What is CONOCOPHILLIPS's revenue and earnings growth?

CONOCOPHILLIPS (COP) grew revenue by 1.3% year-over-year. EPS -25.6% YoY. Source: 10-Q filed 2025-11-06.

Q: Is CONOCOPHILLIPS buying back stock?

CONOCOPHILLIPS (COP) repurchased $4.5 billion of stock over the trailing twelve months. This represents a buyback yield of 2.8%. Source: 10-Q filed 2025-11-06.

Q: How does CONOCOPHILLIPS compare to competitors in Energy?

Compared to other companies in Energy, CONOCOPHILLIPS (COP) shows: ROIC 31.2%, sector median 6.7% (Top 5%). FCF margin 30.9%, sector median 7.6% (Top 50%). Gross margin 61.5%, 29.6pp above sector median. These rankings are based on MetricDuck's analysis of all Energy companies with available SEC filings.

Q: What warning signs should I watch for with CONOCOPHILLIPS?

Quantitative warning flags for CONOCOPHILLIPS (COP): 1) ROIC declining -14.5% over 8 quarters. Source: 10-Q filed 2025-11-06.

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Data Source: Data sourced from 10-Q filed 2025-11-06. TTM metrics as of Q1 2026.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.