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ConocoPhillips (COP) EV/Sales Ratio: 2.83x

Is ConocoPhillips’s EV/Sales ratio high or low?

ConocoPhillips's EV/Sales ratio of 2.83x is 10% above its 5-year average of 2.57x, around the middle of its 5-year range (1.61x–4.35x).

The EV/Sales ratio for ConocoPhillips (COP) is 2.83x as of Wednesday, June 10, 2026. It is above its 12-month average by 13.51% (2.49x).

COP EV/Sales Ratio Chart

COP EV/Sales Ratio
2.83x+21.46% 1Y
Zoom

COP Average EV/Sales Ratio Chart

COP Current vs Average EV/Sales Ratio Chart

COP EV/Sales Ratio Metrics

EV/SALES RATIO

2.83x

EV/SALES RATIO AVG TTM

2.49x

EV/SALES RATIO AVG 3Y

2.47x

EV/SALES RATIO AVG 5Y

2.57x

EV/SALES RATIO AVG 10Y

2.65x

EV/SALES RATIO AVG 15Y

2.30x

EV/SALES RATIO AVG 20Y

1.86x

CURRENT VS TTM AVG

+13.51%

CURRENT VS 3Y AVG

+14.36%

CURRENT VS 5Y AVG

+10.05%

CURRENT VS 10Y AVG

+6.62%

CURRENT VS 15Y AVG

+23.22%

CURRENT VS 20Y AVG

+52.25%

COP Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
ConocoPhillips (COP)2.83x2.49x2.47x2.57x
SLB N.V. (SLB)$82.98B2.59x2.00x2.21x2.48x
Marathon Petroleum Corporation (MPC)$76.89B0.81x0.67x0.59x0.58x
Valero Energy Corporation (VLO)$76.63B0.66x0.51x0.41x0.41x
EOG Resources, Inc. (EOG)$74.71B3.39x2.97x2.93x3.01x
Phillips 66 (PSX)$72.86B0.70x0.59x0.52x0.49x
Occidental Petroleum Corporation (OXY)$56.79B2.97x2.64x2.62x2.69x
Antero Midstream Corporation (AM)$10.32B10.97x10.03x9.35x8.94x
Helmerich & Payne, Inc. (HP)$3.93B1.43x1.29x1.42x1.95x
enCore Energy Corp. (EU)$249.59M7.38x10.81x33.28x33.28x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

ConocoPhillips EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

ConocoPhillips EV/Sales Ratio FAQ

What is the EV/Sales ratio for ConocoPhillips (COP)?
The EV/Sales ratio for COP stock is 2.83x.
Is ConocoPhillips's EV/Sales ratio high or low?
ConocoPhillips's EV/Sales ratio of 2.83x is 10% above its 5-year average of 2.57x, around the middle of its 5-year range (1.61x–4.35x).
What is the TTM average EV/Sales ratio for ConocoPhillips (COP)?
The TTM average EV/Sales ratio for COP stock is 2.49x.
What is the 3Y average EV/Sales ratio for ConocoPhillips (COP)?
The 3Y average EV/Sales ratio for COP stock is 2.47x.
What is the 5Y average EV/Sales ratio for ConocoPhillips (COP)?
The 5Y average EV/Sales ratio for COP stock is 2.57x.
What is the 10Y average EV/Sales ratio for ConocoPhillips (COP)?
The 10Y average EV/Sales ratio for COP stock is 2.65x.
What is the 15Y average EV/Sales ratio for ConocoPhillips (COP)?
The 15Y average EV/Sales ratio for COP stock is 2.30x.
What is the 20Y average EV/Sales ratio for ConocoPhillips (COP)?
The 20Y average EV/Sales ratio for COP stock is 1.86x.

ConocoPhillips EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-102.83x
2026-06-092.75x
2026-06-082.80x
2026-06-052.76x
2026-06-042.80x
2026-06-032.80x
2026-06-022.75x
2026-06-012.73x
2026-05-292.69x
2026-05-282.71x
2026-05-272.72x
2026-05-262.75x
2026-05-222.83x
2026-05-212.83x
2026-05-202.87x
2026-05-192.93x
2026-05-182.92x
2026-05-152.87x
2026-05-142.80x
2026-05-132.77x
2026-05-122.78x
2026-05-112.73x
2026-05-082.69x
2026-05-072.71x
2026-05-062.80x
2026-05-052.89x
2026-05-042.92x
2026-05-012.89x
2026-04-302.94x
2026-04-292.98x
2026-04-282.90x
2026-04-272.85x
2026-04-242.85x
2026-04-232.90x
2026-04-222.87x
2026-04-212.82x
2026-04-202.74x
2026-04-172.73x
2026-04-162.84x
2026-04-152.79x
2026-04-142.79x
2026-04-132.89x
2026-04-102.86x
2026-04-092.88x
2026-04-082.92x
2026-04-073.06x
2026-04-063.06x
2026-04-023.03x
2026-04-012.99x
2026-03-313.06x
2026-03-303.08x
2026-03-273.10x
2026-03-263.09x
2026-03-253.00x
2026-03-243.01x
2026-03-232.96x
2026-03-202.96x
2026-03-192.94x
2026-03-182.89x
2026-03-172.87x
2026-03-162.84x
2026-03-132.85x
2026-03-122.82x
2026-03-112.75x
2026-03-102.69x
2026-03-092.75x
2026-03-062.75x
2026-03-052.74x
2026-03-042.72x
2026-03-032.78x
2026-03-022.77x
2026-02-272.67x
2026-02-262.62x
2026-02-252.60x
2026-02-242.61x
2026-02-232.60x
2026-02-202.61x
2026-02-192.63x
2026-02-182.61x
2026-02-172.57x
2026-02-132.63x
2026-02-122.62x
2026-02-112.63x
2026-02-102.55x
2026-02-092.58x
2026-02-062.56x
2026-02-052.50x
2026-02-042.55x
2026-02-032.50x
2026-02-022.43x
2026-01-302.48x
2026-01-292.45x
2026-01-282.43x
2026-01-272.39x
2026-01-262.36x
2026-01-232.36x
2026-01-222.33x
2026-01-212.34x
2026-01-202.30x
2026-01-162.36x
2026-01-152.37x
2026-01-142.40x
2026-01-132.32x
2026-01-122.30x
2026-01-092.34x
2026-01-082.37x
2026-01-072.27x
2026-01-062.33x
2026-01-052.38x
2026-01-022.33x
2025-12-312.26x
2025-12-302.27x
2025-12-292.24x
2025-12-262.22x
2025-12-242.22x
2025-12-232.24x
2025-12-222.26x
2025-12-192.23x
2025-12-182.23x
2025-12-172.29x
2025-12-162.20x
2025-12-152.28x
2025-12-122.30x
2025-12-112.33x
2025-12-102.33x
2025-12-092.26x
2025-12-082.25x
2025-12-052.26x
2025-12-042.25x
2025-12-032.22x
2025-12-022.17x
2025-12-012.19x
2025-11-282.16x
2025-11-262.13x
2025-11-252.12x
2025-11-242.14x
2025-11-212.13x
2025-11-202.13x
2025-11-192.14x
2025-11-182.18x
2025-11-172.16x
2025-11-142.22x
2025-11-132.17x
2025-11-122.17x
2025-11-112.20x
2025-11-102.15x
2025-11-072.12x
2025-11-062.10x
2025-11-052.24x
2025-11-042.24x
2025-11-032.26x
2025-10-312.26x
2025-10-302.25x
2025-10-292.25x
2025-10-282.22x
2025-10-272.26x
2025-10-242.24x
2025-10-232.29x
2025-10-222.23x
2025-10-212.21x
2025-10-202.22x
2025-10-172.21x
2025-10-162.22x
2025-10-152.24x
2025-10-142.25x
2025-10-132.26x
2025-10-102.24x
2025-10-092.33x
2025-10-082.37x
2025-10-072.40x
2025-10-062.40x
2025-10-032.38x
2025-10-022.36x
2025-10-012.41x
2025-09-302.39x
2025-09-292.42x
2025-09-262.47x
2025-09-252.44x
2025-09-242.41x
2025-09-232.36x
2025-09-222.33x
2025-09-192.33x
2025-09-182.36x
2025-09-172.37x
2025-09-162.39x
2025-09-152.34x
2025-09-122.34x
2025-09-112.38x
2025-09-102.38x
2025-09-092.33x
2025-09-082.32x
2025-09-052.35x
2025-09-042.41x
2025-09-032.39x
2025-09-022.48x
2025-08-292.48x
2025-08-282.47x
2025-08-272.46x
2025-08-262.44x
2025-08-252.47x
2025-08-222.44x
2025-08-212.39x
2025-08-202.39x
2025-08-192.37x
2025-08-182.38x
2025-08-152.40x
2025-08-142.41x
2025-08-132.42x
2025-08-122.39x
2025-08-112.36x
2025-08-082.37x
2025-08-072.34x
2025-08-062.38x
2025-08-052.38x
2025-08-042.37x
2025-08-012.37x
2025-07-312.43x
2025-07-302.46x
2025-07-292.49x
2025-07-282.46x
2025-07-252.42x
2025-07-242.43x
2025-07-232.42x
2025-07-222.37x
2025-07-212.33x
2025-07-182.34x
2025-07-172.37x
2025-07-162.34x
2025-07-152.37x
2025-07-142.40x
2025-07-112.43x
2025-07-102.43x
2025-07-092.41x
2025-07-082.44x
2025-07-072.37x
2025-07-032.39x
2025-07-022.41x
2025-07-012.35x
2025-06-302.30x
2025-06-272.31x
2025-06-262.33x
2025-06-252.29x
2025-06-242.29x
2025-06-232.35x
2025-06-202.41x
2025-06-182.39x
2025-06-172.43x
2025-06-162.42x
2025-06-132.46x
2025-06-122.41x
2025-06-112.38x
2025-06-102.33x
2025-06-092.26x
2025-06-062.25x
2025-06-052.20x
2025-06-042.22x
2025-06-032.26x
2025-06-022.24x
2025-05-302.20x
2025-05-292.21x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About ConocoPhillips

ConocoPhillips is an energy company that engages in the global exploration, production, transportation, and marketing of various resources, including crude petroleum, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids (NGLs). Its primary operations are centered on both conventional and tight oil formations, shale gas, heavy crude, LNG developments, and oil sands projects. The company's extensive portfolio includes unconventional resources located in North America; established conventional assets spanning North America, Europe, Asia, and Australia; numerous LNG ventures; oil sands properties within Canada; and a significant inventory of potential conventional and unconventional exploration opportunities. ConocoPhillips was established in 1917 and its corporate headquarters are situated in Houston, Texas.

Houston, TX
11,800 employees
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Ryan Lance