ConocoPhillips (COP) — Cash Flow Reinvestment Rate
ConocoPhillips (COP) has a Cash Flow Reinvestment Rate of 0.69x as of March 2026, reinvesting $2.98 Billion (capex $2.95 Billion plus investments $-30.00 Million) from operating cash flow of $4.29 Billion. Explore COP capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore how large is ConocoPhillips's balance sheet for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for ConocoPhillips (1989–2025)
Year-by-year capital reinvestment analysis for ConocoPhillips. For live market cap and broader valuation context, see COP market cap.
| 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 | — |