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. Check COP cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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. Explore COP long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
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 market value of ConocoPhillips.
| 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 | — |