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ConocoPhillips (COP) FCF Payout Ratio: 22.54%

Is ConocoPhillips’s FCF payout ratio high or low?

ConocoPhillips's FCF payout ratio of 22.54% is 94% below its 5-year average of 381.63%, near the low end of its 5-year range (20.21%–2104.60%).

The FCF payout ratio for ConocoPhillips (COP) is 22.54%. It is below its 12-month average by 35.00% (34.68%).

COP FCF Payout Ratio Chart

COP FCF Payout Ratio
23.82%-47.70% 1Y
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COP Average FCF Payout Ratio Chart

COP Current vs Average FCF Payout Ratio Chart

COP FCF Payout Ratio Metrics

FCF PAYOUT RATIO

22.54%

FCF PAYOUT RATIO AVG TTM

34.68%

FCF PAYOUT RATIO AVG 3Y

41.24%

FCF PAYOUT RATIO AVG 5Y

381.63%

FCF PAYOUT RATIO AVG 10Y

266.43%

FCF PAYOUT RATIO AVG 15Y

258.71%

FCF PAYOUT RATIO AVG 20Y

202.73%

CURRENT VS TTM AVG

-35.00%

CURRENT VS 3Y AVG

-45.34%

CURRENT VS 5Y AVG

-94.09%

CURRENT VS 10Y AVG

-91.54%

CURRENT VS 15Y AVG

-91.29%

CURRENT VS 20Y AVG

-88.88%

Payout Ratio Comparison

FCF Payout Ratio

22.5%

Earnings Payout Ratio

51.9%

Dividend Yield

2.83%

FCF Yield

12.82%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025$16.77B$4.00B23.8%
2024$8.01B$3.65B45.5%
2023$8.72B$5.58B64.0%
2022$18.16B$5.73B31.5%
2021$11.67B$2.36B20.2%
2020$87.00M$1.83B2104.6%
2019$4.47B$1.50B33.6%
2018$6.18B$1.36B22.0%
2017$2.49B$1.30B52.5%
2016($466.00M)$1.25BN/A (Loss)
2015($2.48B)$3.66BN/A (Loss)
2014($516.00M)$3.52BN/A (Loss)
2013$550.00M$3.33B606.2%
2012($250.00M)$3.28BN/A (Loss)
2011$6.38B$3.63B56.9%
2010$7.28B$3.17B43.6%
2009$1.62B$2.83B175.0%
2008$3.56B$2.85B80.2%
2007$12.76B$2.66B20.9%
2006$5.92B$2.28B38.5%
2005$6.01B$1.64B27.3%
2004$2.46B$1.23B50.0%
2003$3.19B$1.11B34.7%
2002$581.00M$684.00M117.7%
2001$477.00M$403.00M84.5%
2000$1.99B$346.00M17.4%
1999$251.00M$344.00M137.1%
1998($422.00M)$353.00MN/A (Loss)
1997$202.00M$353.00M174.8%
1996$541.00M$329.00M60.8%

Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

ConocoPhillips FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

ConocoPhillips FCF Payout Ratio FAQ

What is the FCF payout ratio for ConocoPhillips (COP)?
The FCF payout ratio for COP stock is 22.54%.
Is ConocoPhillips's FCF payout ratio high or low?
ConocoPhillips's FCF payout ratio of 22.54% is 94% below its 5-year average of 381.63%, near the low end of its 5-year range (20.21%–2104.60%).
What is the TTM average FCF payout ratio for ConocoPhillips (COP)?
The TTM average FCF payout ratio for COP stock is 34.68%.
What is the 3Y average FCF payout ratio for ConocoPhillips (COP)?
The 3Y average FCF payout ratio for COP stock is 41.24%.
What is the 5Y average FCF payout ratio for ConocoPhillips (COP)?
The 5Y average FCF payout ratio for COP stock is 381.63%.
What is the 10Y average FCF payout ratio for ConocoPhillips (COP)?
The 10Y average FCF payout ratio for COP stock is 266.43%.
What is the 15Y average FCF payout ratio for ConocoPhillips (COP)?
The 15Y average FCF payout ratio for COP stock is 258.71%.
What is the 20Y average FCF payout ratio for ConocoPhillips (COP)?
The 20Y average FCF payout ratio for COP stock is 202.73%.

ConocoPhillips FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2025-12-3123.82%
2024-12-3145.54%
2023-12-3164.05%
2022-12-3131.54%
2021-12-3120.21%
2020-12-312104.60%
2019-12-3133.57%
2018-12-3122.04%
2017-12-3152.49%
2013-12-31606.18%
2011-12-3156.93%
2010-12-3143.59%
2009-12-31175.03%
2008-12-3180.19%
2007-12-3120.86%
2006-12-3138.46%
2005-12-3127.28%
2004-12-3150.02%
2003-12-3134.73%
2002-12-31117.73%
2001-12-3184.49%
2000-12-3117.37%
1999-12-31137.05%
1997-12-31174.75%
1996-12-3160.81%

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