ConocoPhillips (COP) — Free Cash Flow Generation Index
ConocoPhillips (COP) has a Free Cash Flow Generation Index of 0.59x as of June 2026. Free cash flow of $4.41 Billion represents 1% of operating cash flow ($7.43 Billion). Explore COP capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
ConocoPhillips Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for ConocoPhillips across 37 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of ConocoPhillips.
Annual Free Cash Flow Generation for ConocoPhillips (1989–2025)
Year-by-year Free Cash Flow Generation Index for ConocoPhillips. Check COP cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |