ConocoPhillips (COP) — Capital Reinvestment Ratio
ConocoPhillips (COP) has a Capital Reinvestment Ratio of 0.69x as of March 2026, meaning it reinvests 1% of its operating cash flow ($4.29 Billion) in capital expenditures ($2.95 Billion). See debt-free asset ratio of ConocoPhillips to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
ConocoPhillips Capital Reinvestment Ratio (1989–2025)
This chart tracks ConocoPhillips's Capital Reinvestment Ratio across 37 annual periods. Check ConocoPhillips cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for ConocoPhillips (1989–2025)
Year-by-year Capital Reinvestment Ratio for ConocoPhillips from 1989 to 2025. For live market cap and broader valuation context, see ConocoPhillips market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.15x | $19.80 Billion | $3.02 Billion | ▼ -74.6% |
| 2024 | 0.60x | $20.12 Billion | $12.12 Billion | ▲ +6.9% |
| 2023 | 0.56x | $19.96 Billion | $11.25 Billion | ▲ +57.0% |
| 2022 | 0.36x | $28.31 Billion | $10.16 Billion | ▲ +14.5% |
| 2021 | 0.31x | $17.00 Billion | $5.32 Billion | ▼ -68.1% |
| 2020 | 0.98x | $4.80 Billion | $4.71 Billion | ▲ +64.3% |
| 2019 | 0.60x | $11.10 Billion | $6.64 Billion | ▲ +14.5% |
| 2018 | 0.52x | $12.93 Billion | $6.75 Billion | ▼ -19.6% |
| 2017 | 0.65x | $7.08 Billion | $4.59 Billion | ▼ -41.3% |
| 2016 | 1.11x | $4.40 Billion | $4.87 Billion | ▼ -16.7% |
| 2015 | 1.33x | $7.57 Billion | $10.05 Billion | ▲ +28.7% |
| 2014 | 1.03x | $16.57 Billion | $17.09 Billion | ▲ +6.8% |
| 2013 | 0.97x | $16.09 Billion | $15.54 Billion | ▼ -5.1% |
| 2012 | 1.02x | $13.92 Billion | $14.17 Billion | ▲ +50.8% |
| 2011 | 0.68x | $19.65 Billion | $13.27 Billion | ▲ +17.9% |
| 2010 | 0.57x | $17.05 Billion | $9.76 Billion | ▼ -34.2% |
| 2009 | 0.87x | $12.48 Billion | $10.86 Billion | ▲ +3.3% |
| 2008 | 0.84x | $22.66 Billion | $19.10 Billion | ▲ +75.5% |
| 2007 | 0.48x | $24.55 Billion | $11.79 Billion | ▼ -33.7% |
| 2006 | 0.72x | $21.52 Billion | $15.60 Billion | ▲ +10.0% |
| 2005 | 0.66x | $17.63 Billion | $11.62 Billion | ▼ -17.0% |
| 2004 | 0.79x | $11.96 Billion | $9.50 Billion | ▲ +20.4% |
| 2003 | 0.66x | $9.36 Billion | $6.17 Billion | ▼ -25.3% |
| 2002 | 0.88x | $4.97 Billion | $4.39 Billion | ▲ +2.0% |
| 2001 | 0.87x | $3.56 Billion | $3.08 Billion | ▲ +71.9% |
| 2000 | 0.50x | $4.01 Billion | $2.02 Billion | ▼ -42.1% |
| 1999 | 0.87x | $1.94 Billion | $1.69 Billion | ▼ -30.8% |
| 1998 | 1.26x | $1.63 Billion | $2.05 Billion | ▲ +38.3% |
| 1997 | 0.91x | $2.25 Billion | $2.04 Billion | ▲ +22.9% |
| 1996 | 0.74x | $2.08 Billion | $1.54 Billion | ▼ -18.8% |
| 1995 | 0.91x | $1.60 Billion | $1.46 Billion | ▼ -4.9% |
| 1994 | 0.96x | $1.20 Billion | $1.15 Billion | ▲ +3.2% |
| 1993 | 0.93x | $1.31 Billion | $1.22 Billion | ▼ -26.7% |
| 1992 | 1.27x | $908.00 Million | $1.15 Billion | ▼ -5.6% |
| 1991 | 1.34x | $1.03 Billion | $1.39 Billion | ▲ +7.3% |
| 1990 | 1.25x | $1.10 Billion | $1.38 Billion | ▲ +137.6% |
| 1989 | 0.53x | $1.65 Billion | $872.00 Million | — |