ConocoPhillips (COP) — Free Cash Flow Generation Index

Latest as of March 2026: 1.00x

ConocoPhillips (COP) has a Free Cash Flow Generation Index of 1.00x as of March 2026. Free cash flow of $4.29 Billion represents 1% of operating cash flow ($4.29 Billion). Read COP liabilities breakdown for a breakdown of total debt and financial obligations.

FCF Generation Index

1.00x
Free Cash Flow / Operating CF

Free Cash Flow

$4.29 Billion
USD

Operating Cash Flow

$4.29 Billion
USD

Capital Expenditures

$2.95 Billion
USD

ConocoPhillips Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend for ConocoPhillips across 37 annual periods. Explore ConocoPhillips (COP) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for ConocoPhillips (1989–2025)

Year-by-year Free Cash Flow Generation Index for ConocoPhillips. For the full company profile including market capitalisation, see COP market cap overview.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.85x $16.77 Billion $19.80 Billion $3.02 Billion ▲ +113.0%
2024 0.40x $8.01 Billion $20.12 Billion $12.12 Billion ▼ -8.9%
2023 0.44x $8.72 Billion $19.96 Billion $11.25 Billion ▼ -31.9%
2022 0.64x $18.16 Billion $28.31 Billion $10.16 Billion ▼ -6.6%
2021 0.69x $11.67 Billion $17.00 Billion $5.32 Billion ▲ +3690.5%
2020 0.02x $87.00 Million $4.80 Billion $4.71 Billion ▼ -95.5%
2019 0.40x $4.47 Billion $11.10 Billion $6.64 Billion ▼ -15.8%
2018 0.48x $6.18 Billion $12.93 Billion $6.75 Billion ▲ +36.1%
2017 0.35x $2.49 Billion $7.08 Billion $4.59 Billion ▲ +431.9%
2016 -0.11x $-466.00 Million $4.40 Billion $4.87 Billion ▲ +67.7%
2015 -0.33x $-2.48 Billion $7.57 Billion $10.05 Billion ▼ -950.8%
2014 -0.03x $-516.00 Million $16.57 Billion $17.09 Billion ▼ -191.1%
2013 0.03x $550.00 Million $16.09 Billion $15.54 Billion ▲ +290.4%
2012 -0.02x $-250.00 Million $13.92 Billion $14.17 Billion ▼ -105.5%
2011 0.32x $6.38 Billion $19.65 Billion $13.27 Billion ▼ -24.0%
2010 0.43x $7.28 Billion $17.05 Billion $9.76 Billion ▲ +229.6%
2009 0.13x $1.62 Billion $12.48 Billion $10.86 Billion ▼ -17.5%
2008 0.16x $3.56 Billion $22.66 Billion $19.10 Billion ▼ -69.8%
2007 0.52x $12.76 Billion $24.55 Billion $11.79 Billion ▲ +88.9%
2006 0.28x $5.92 Billion $21.52 Billion $15.60 Billion ▼ -19.3%
2005 0.34x $6.01 Billion $17.63 Billion $11.62 Billion ▲ +65.5%
2004 0.21x $2.46 Billion $11.96 Billion $9.50 Billion ▼ -39.5%
2003 0.34x $3.19 Billion $9.36 Billion $6.17 Billion ▲ +191.3%
2002 0.12x $581.00 Million $4.97 Billion $4.39 Billion ▼ -12.7%
2001 0.13x $477.00 Million $3.56 Billion $3.08 Billion ▼ -73.0%
2000 0.50x $1.99 Billion $4.01 Billion $2.02 Billion ▲ +283.8%
1999 0.13x $251.00 Million $1.94 Billion $1.69 Billion ▲ +149.9%
1998 -0.26x $-422.00 Million $1.63 Billion $2.05 Billion ▼ -387.7%
1997 0.09x $202.00 Million $2.25 Billion $2.04 Billion ▼ -65.3%
1996 0.26x $541.00 Million $2.08 Billion $1.54 Billion ▲ +195.8%
1995 0.09x $140.00 Million $1.60 Billion $1.46 Billion ▲ +115.4%
1994 0.04x $49.00 Million $1.20 Billion $1.15 Billion ▼ -42.1%
1993 0.07x $92.00 Million $1.31 Billion $1.22 Billion ▲ +126.2%
1992 -0.27x $-244.00 Million $908.00 Million $1.15 Billion ▲ +22.0%
1991 -0.34x $-355.00 Million $1.03 Billion $1.39 Billion ▼ -36.4%
1990 -0.25x $-279.00 Million $1.10 Billion $1.38 Billion ▼ -153.5%
1989 0.47x $782.00 Million $1.65 Billion $872.00 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).