ConocoPhillips (COP) — Financial Flexibility Index
ConocoPhillips (COP) has a Financial Flexibility Index of 0.18x as of June 2026. Free cash flow of $10.46 Billion (operating CF $7.43 Billion minus capex $3.02 Billion) represents 0% of total liabilities ($58.91 Billion). Check ConocoPhillips cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
ConocoPhillips Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for ConocoPhillips across 37 annual periods. For the full cash flow conversion analysis, see COP cash generation efficiency.
Annual Financial Flexibility Index for ConocoPhillips (1989–2025)
Year-by-year free cash flow to debt coverage for ConocoPhillips. Explore ConocoPhillips debt service capacity to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.40x | $22.82 Billion | $19.80 Billion | $57.45 Billion | ▼ -28.6% |
| 2024 | 0.56x | $32.24 Billion | $20.12 Billion | $57.98 Billion | ▼ -16.9% |
| 2023 | 0.67x | $31.21 Billion | $19.96 Billion | $46.65 Billion | ▼ -20.3% |
| 2022 | 0.84x | $38.47 Billion | $28.31 Billion | $45.83 Billion | ▲ +70.2% |
| 2021 | 0.49x | $22.32 Billion | $17.00 Billion | $45.26 Billion | ▲ +69.8% |
| 2020 | 0.29x | $9.52 Billion | $4.80 Billion | $32.77 Billion | ▼ -41.9% |
| 2019 | 0.50x | $17.74 Billion | $11.10 Billion | $35.46 Billion | ▼ -3.6% |
| 2018 | 0.52x | $19.68 Billion | $12.93 Billion | $37.92 Billion | ▲ +89.4% |
| 2017 | 0.27x | $11.67 Billion | $7.08 Billion | $42.56 Billion | ▲ +61.3% |
| 2016 | 0.17x | $9.27 Billion | $4.40 Billion | $54.55 Billion | ▼ -44.6% |
| 2015 | 0.31x | $17.62 Billion | $7.57 Billion | $57.40 Billion | ▼ -41.4% |
| 2014 | 0.52x | $33.65 Billion | $16.57 Billion | $64.27 Billion | ▲ +8.6% |
| 2013 | 0.48x | $31.62 Billion | $16.09 Billion | $65.56 Billion | ▲ +18.0% |
| 2012 | 0.41x | $28.09 Billion | $13.92 Billion | $68.72 Billion | ▲ +8.7% |
| 2011 | 0.38x | $32.91 Billion | $19.65 Billion | $87.48 Billion | ▲ +22.4% |
| 2010 | 0.31x | $26.81 Billion | $17.05 Billion | $87.20 Billion | ▲ +17.9% |
| 2009 | 0.26x | $23.34 Billion | $12.48 Billion | $89.53 Billion | ▼ -45.9% |
| 2008 | 0.48x | $41.76 Billion | $22.66 Billion | $86.60 Billion | ▲ +16.2% |
| 2007 | 0.41x | $36.34 Billion | $24.55 Billion | $87.60 Billion | ▼ -9.5% |
| 2006 | 0.46x | $37.11 Billion | $21.52 Billion | $80.93 Billion | ▼ -16.8% |
| 2005 | 0.55x | $29.25 Billion | $17.63 Billion | $53.06 Billion | ▲ +25.8% |
| 2004 | 0.44x | $21.45 Billion | $11.96 Billion | $48.98 Billion | ▲ +33.3% |
| 2003 | 0.33x | $15.53 Billion | $9.36 Billion | $47.25 Billion | ▲ +63.9% |
| 2002 | 0.20x | $9.36 Billion | $4.97 Billion | $46.67 Billion | ▼ -37.0% |
| 2001 | 0.32x | $6.65 Billion | $3.56 Billion | $20.88 Billion | ▼ -24.0% |
| 2000 | 0.42x | $6.04 Billion | $4.01 Billion | $14.42 Billion | ▲ +22.8% |
| 1999 | 0.34x | $3.63 Billion | $1.94 Billion | $10.65 Billion | ▼ -7.4% |
| 1998 | 0.37x | $3.68 Billion | $1.63 Billion | $10.00 Billion | ▼ -22.3% |
| 1997 | 0.47x | $4.29 Billion | $2.25 Billion | $9.05 Billion | ▲ +21.4% |
| 1996 | 0.39x | $3.63 Billion | $2.08 Billion | $9.30 Billion | ▲ +12.4% |
| 1995 | 0.35x | $3.05 Billion | $1.60 Billion | $8.79 Billion | ▲ +25.0% |
| 1994 | 0.28x | $2.36 Billion | $1.20 Billion | $8.48 Billion | ▼ -13.9% |
| 1993 | 0.32x | $2.52 Billion | $1.31 Billion | $7.82 Billion | ▲ +31.8% |
| 1992 | 0.24x | $2.06 Billion | $908.00 Million | $8.41 Billion | ▼ -11.6% |
| 1991 | 0.28x | $2.42 Billion | $1.03 Billion | $8.72 Billion | ▲ +4.8% |
| 1990 | 0.26x | $2.49 Billion | $1.10 Billion | $9.41 Billion | ▼ -4.5% |
| 1989 | 0.28x | $2.53 Billion | $1.65 Billion | $9.12 Billion | — |