Operating Income for ConocoPhillips (COP)
According to ConocoPhillips's latest reported financial statements, the company's current operating income (TTM) is $11.49B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$11.49B
YoY change
-10.1%
5Y CAGR
N/A
Peak year (2008)
$27.14B
Cumulative operating income
$330.07B
Operating Income history chart for ConocoPhillips (COP) from 1985 to 2025
Operating Income history table for ConocoPhillips (COP) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $11.49B | -10.1% | ||
| 2024 | $12.78B | -15.0% | ||
| 2023 | $15.03B | -41.4% | ||
| 2022 | $25.64B | +107.2% | ||
| 2021 | $12.37B | -776.2% | ||
| 2020 | -$1.83B | -126.0% | ||
| 2019 | $7.04B | -22.9% | ||
| 2018 | $9.13B | +274.6% | ||
| 2017 | $2.44B | -155.8% | ||
| 2016 | -$4.37B | -13.8% | ||
| 2015 | -$5.07B | -155.7% | ||
| 2014 | $9.10B | -25.1% | ||
| 2013 | $12.15B | -8.6% | ||
| 2012 | $13.29B | -11.8% | ||
| 2011 | $15.07B | +6.4% | ||
| 2010 | $14.16B | +50.8% | ||
| 2009 | $9.39B | -65.4% | ||
| 2008 | $27.14B | +19.4% | ||
| 2007 | $22.72B | -11.1% | ||
| 2006 | $25.56B | +25.0% | ||
| 2005 | $20.44B | +52.5% | ||
| 2004 | $13.41B | -42.3% | ||
| 2003 | $23.24B | +152.2% | ||
| 2002 | $9.21B | +150.7% | ||
| 2001 | $3.68B | -39.8% | ||
| 2000 | $6.11B | +277.4% | ||
| 1999 | $1.62B | +54.9% | ||
| 1998 | $1.04B | -52.4% | ||
| 1997 | $2.20B | +17.8% | ||
| 1996 | $1.86B | +37.0% | ||
| 1995 | $1.36B | +22.2% | ||
| 1994 | $1.11B | +31.4% | ||
| 1993 | $848.00M | -4.6% | ||
| 1992 | $889.00M | -2.1% | ||
| 1991 | $908.00M | -49.8% | ||
| 1990 | $1.81B | +53.0% | ||
| 1989 | $1.18B | -34.5% | ||
| 1988 | $1.80B | +114.1% | ||
| 1987 | $842.00M | +8.6% | ||
| 1986 | $775.00M | -68.9% | ||
| 1985 | $2.49B | — |
Operating Income values are taken from ConocoPhillips's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
ConocoPhillips (COP) most recent annual operating income stands at $11.49B (2025) – declined 10.1% year-over-year.
ConocoPhillips operating income peaked at $27.14B in 2008; the latest annual figure is $11.49B in 2025 (57.6% below peak).
Across the available history, operating income reached its high of $27.14B in 2008 and its low of -$5.07B in 2015.
Within Energy, ConocoPhillips (COP) ranks 3rd among 8 peers we track. The peer median for operating income is $6.69B.
ConocoPhillips Operating Income by Year
ConocoPhillips Operating Income 2025: $11.49B
ConocoPhillips operating income in 2025 was $11.49B, declined 10.1% below 2024.
ConocoPhillips Operating Income 2024: $12.78B
ConocoPhillips operating income in 2024 was $12.78B, declined 15.0% below 2023.
ConocoPhillips Operating Income 2023: $15.03B
ConocoPhillips operating income in 2023 was $15.03B, plunged 41.4% below 2022.
ConocoPhillips Operating Income 2022: $25.64B
ConocoPhillips operating income in 2022 was $25.64B, surged 107.2% from 2021.
ConocoPhillips Operating Income 2021: $12.37B
ConocoPhillips operating income in 2021 was $12.37B.
See more financial history for ConocoPhillips (COP).
Sector peers — Operating Income
Companies in the same sector as ConocoPhillips, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $33.94B | Energy |
| Chevron Corporation (CVX) | $16.67B | Energy |
| Enbridge Inc. (ENB) | $10.96B | Energy |
| EOG Resources, Inc. (EOG) | $7.93B | Energy |
| SLB N.V. (SLB) | $5.46B | Energy |
| Kinder Morgan, Inc. (KMI) | $4.81B | Energy |
| The Williams Companies, Inc. (WMB) | $4.40B | Energy |
| Valero Energy Corporation (VLO) | $4.31B | Energy |
Frequently asked questions
What is ConocoPhillips's operating income?
- Latest reported operating income for ConocoPhillips (COP) is $11.49B (period ending December 31, 2025).
How has ConocoPhillips operating income changed year-over-year?
- ConocoPhillips (COP) operating income changed -10.1% year-over-year on the latest annual filing.
When did ConocoPhillips operating income hit its highest annual value?
- ConocoPhillips operating income reached its highest annual value of $27.14B in 2008.
What was ConocoPhillips operating income in 2024?
- ConocoPhillips (COP) operating income in 2024 was $12.78B.
What was ConocoPhillips operating income in 2025?
- ConocoPhillips (COP) operating income in 2025 was $11.49B.
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