ConocoPhillips (COP) — Cash Flow Reinvestment Rate
ConocoPhillips (COP) has a Cash Flow Reinvestment Rate of 0.49x as of June 2026, reinvesting $3.65 Billion (capex $3.02 Billion plus investments $-622.00 Million) from operating cash flow of $7.43 Billion. See ConocoPhillips free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
ConocoPhillips Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for ConocoPhillips across 37 annual periods. For the full cash flow conversion analysis, see cash flow conversion of ConocoPhillips.
Annual Cash Flow Reinvestment Rate for ConocoPhillips (1989–2025)
Year-by-year capital reinvestment analysis for ConocoPhillips. See financial flexibility index of ConocoPhillips to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.16x | $3.08 Billion | $19.80 Billion | $3.02 Billion | ▼ -86.6% |
| 2024 | 1.16x | $23.27 Billion | $20.12 Billion | $12.12 Billion | ▼ -0.7% |
| 2023 | 1.16x | $23.25 Billion | $19.96 Billion | $11.25 Billion | ▲ +74.4% |
| 2022 | 0.67x | $18.90 Billion | $28.31 Billion | $10.16 Billion | ▲ +34.8% |
| 2021 | 0.50x | $8.41 Billion | $17.00 Billion | $5.32 Billion | ▼ -54.8% |
| 2020 | 1.09x | $5.26 Billion | $4.80 Billion | $4.71 Billion | ▲ +29.1% |
| 2019 | 0.85x | $9.42 Billion | $11.10 Billion | $6.64 Billion | ▲ +29.2% |
| 2018 | 0.66x | $8.49 Billion | $12.93 Billion | $6.75 Billion | ▼ -25.9% |
| 2017 | 0.89x | $6.27 Billion | $7.08 Billion | $4.59 Billion | ▼ -21.7% |
| 2016 | 1.13x | $4.98 Billion | $4.40 Billion | $4.87 Billion | ▼ -15.7% |
| 2015 | 1.34x | $10.15 Billion | $7.57 Billion | $10.05 Billion | ▲ +25.6% |
| 2014 | 1.07x | $17.69 Billion | $16.57 Billion | $17.09 Billion | ▲ +9.5% |
| 2013 | 0.97x | $15.68 Billion | $16.09 Billion | $15.54 Billion | ▼ -5.0% |
| 2012 | 1.03x | $14.29 Billion | $13.92 Billion | $14.17 Billion | ▲ +45.0% |
| 2011 | 0.71x | $13.90 Billion | $19.65 Billion | $13.27 Billion | ▲ +21.1% |
| 2010 | 0.58x | $9.96 Billion | $17.05 Billion | $9.76 Billion | ▼ -35.4% |
| 2009 | 0.90x | $11.29 Billion | $12.48 Billion | $10.86 Billion | ▲ +7.4% |
| 2008 | 0.84x | $19.10 Billion | $22.66 Billion | $19.10 Billion | ▲ +75.5% |
| 2007 | 0.48x | $11.79 Billion | $24.55 Billion | $11.79 Billion | ▼ -33.7% |
| 2006 | 0.72x | $15.60 Billion | $21.52 Billion | $15.60 Billion | ▲ +10.0% |
| 2005 | 0.66x | $11.62 Billion | $17.63 Billion | $11.62 Billion | ▼ -17.0% |
| 2004 | 0.79x | $9.50 Billion | $11.96 Billion | $9.50 Billion | ▲ +20.4% |
| 2003 | 0.66x | $6.17 Billion | $9.36 Billion | $6.17 Billion | ▼ -25.3% |
| 2002 | 0.88x | $4.39 Billion | $4.97 Billion | $4.39 Billion | ▲ +2.0% |
| 2001 | 0.87x | $3.08 Billion | $3.56 Billion | $3.08 Billion | ▲ +71.9% |
| 2000 | 0.50x | $2.02 Billion | $4.01 Billion | $2.02 Billion | ▼ -42.1% |
| 1999 | 0.87x | $1.69 Billion | $1.94 Billion | $1.69 Billion | ▼ -30.8% |
| 1998 | 1.26x | $2.05 Billion | $1.63 Billion | $2.05 Billion | ▲ +38.3% |
| 1997 | 0.91x | $2.04 Billion | $2.25 Billion | $2.04 Billion | ▲ +22.9% |
| 1996 | 0.74x | $1.54 Billion | $2.08 Billion | $1.54 Billion | ▼ -18.8% |
| 1995 | 0.91x | $1.46 Billion | $1.60 Billion | $1.46 Billion | ▼ -4.9% |
| 1994 | 0.96x | $1.15 Billion | $1.20 Billion | $1.15 Billion | ▲ +3.2% |
| 1993 | 0.93x | $1.22 Billion | $1.31 Billion | $1.22 Billion | ▼ -26.7% |
| 1992 | 1.27x | $1.15 Billion | $908.00 Million | $1.15 Billion | ▼ -5.6% |
| 1991 | 1.34x | $1.39 Billion | $1.03 Billion | $1.39 Billion | ▲ +7.3% |
| 1990 | 1.25x | $1.38 Billion | $1.10 Billion | $1.38 Billion | ▲ +137.6% |
| 1989 | 0.53x | $872.00 Million | $1.65 Billion | $872.00 Million | — |