ConocoPhillips (COP) Interest Coverage Ratio: 9.32x
The interest coverage ratio for ConocoPhillips (COP) is 9.32x as of Tuesday, June 9, 2026.
COP Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
9.32x
COP Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ConocoPhillips (COP) | — | 9.32x | N/A | N/A | N/A |
| SLB N.V. (SLB) | $83.50B | 9.80x | 11.08x | 10.39x | 8.27x |
| Marathon Petroleum Corporation (MPC) | $75.36B | 4.08x | 3.99x | 8.36x | 7.35x |
| Valero Energy Corporation (VLO) | $75.36B | 7.76x | 7.25x | 15.62x | 13.20x |
| EOG Resources, Inc. (EOG) | $73.15B | 36.05x | 47.31x | 53.80x | 49.89x |
| Phillips 66 (PSX) | $71.77B | 3.39x | 2.98x | 7.86x | 6.71x |
| Occidental Petroleum Corporation (OXY) | $56.25B | 4.14x | 4.61x | 7.25x | 6.38x |
| Antero Midstream Corporation (AM) | $10.10B | 3.39x | 3.29x | 3.06x | 3.08x |
| Helmerich & Payne, Inc. (HP) | $3.79B | 2.15x | 8.84x | 13.14x | 13.14x |
| Chevron Corporation (CVX) | $371.97B | 13.70x | 31.34x | 53.04x | 46.96x |
Financial Health Indicators
Interest Coverage
9.3x
Debt/Equity
0.36
Current Ratio
1.30
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
ConocoPhillips Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
ConocoPhillips Interest Coverage Ratio FAQ
- What is the interest coverage ratio for ConocoPhillips (COP)?
- The interest coverage ratio for COP stock is 9.32x.
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.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Ryan Lance