ConocoPhillips (COP) Tax Rate: 36.88%
Is ConocoPhillips’s tax rate high or low?
ConocoPhillips's tax rate of 36.88% is 18% above its 5-year average of 31.28%, near the high end of its 5-year range (15.45%–36.88%).
The tax rate for ConocoPhillips (COP) is 36.88%. It is above its 12-month average by 6.50% (34.63%).
COP Tax Rate Chart
COP Average Tax Rate Chart
COP Current vs Average Tax Rate Chart
COP Tax Rate Metrics
TAX RATE
36.88%
TAX RATE AVG TTM
34.63%
TAX RATE AVG 3Y
33.95%
TAX RATE AVG 5Y
31.28%
TAX RATE AVG 10Y
35.75%
TAX RATE AVG 15Y
38.44%
TAX RATE AVG 20Y
20.42%
CURRENT VS TTM AVG
+6.50%
CURRENT VS 3Y AVG
+8.62%
CURRENT VS 5Y AVG
+17.88%
CURRENT VS 10Y AVG
+3.17%
CURRENT VS 15Y AVG
-4.06%
CURRENT VS 20Y AVG
+80.58%
ConocoPhillips Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
ConocoPhillips Tax Rate FAQ
- What is the tax rate for ConocoPhillips (COP)?
- The tax rate for COP stock is 36.88%.
- Is ConocoPhillips's tax rate high or low?
- ConocoPhillips's tax rate of 36.88% is 18% above its 5-year average of 31.28%, near the high end of its 5-year range (15.45%–36.88%).
- What is the TTM average tax rate for ConocoPhillips (COP)?
- The TTM average tax rate for COP stock is 34.63%.
- What is the 3Y average tax rate for ConocoPhillips (COP)?
- The 3Y average tax rate for COP stock is 33.95%.
- What is the 5Y average tax rate for ConocoPhillips (COP)?
- The 5Y average tax rate for COP stock is 31.28%.
- What is the 10Y average tax rate for ConocoPhillips (COP)?
- The 10Y average tax rate for COP stock is 35.75%.
- What is the 15Y average tax rate for ConocoPhillips (COP)?
- The 15Y average tax rate for COP stock is 38.44%.
- What is the 20Y average tax rate for ConocoPhillips (COP)?
- The 20Y average tax rate for COP stock is 20.42%.
ConocoPhillips Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 36.88% |
| 2024-12-31 | 32.38% |
| 2023-12-31 | 32.73% |
| 2022-12-31 | 33.82% |
| 2021-12-31 | 36.45% |
| 2020-12-31 | 15.45% |
| 2019-12-31 | 23.80% |
| 2018-12-31 | 36.78% |
| 2017-12-31 | 69.67% |
| 2016-12-31 | 35.64% |
| 2015-12-31 | 39.62% |
| 2014-12-31 | 38.16% |
| 2013-12-31 | 44.37% |
| 2012-12-31 | 51.49% |
| 2011-12-31 | 45.65% |
| 2010-12-31 | 42.19% |
| 2009-12-31 | 50.80% |
| 2008-12-31 | -373.09% |
| 2007-12-31 | 48.90% |
| 2006-12-31 | 45.12% |
| 2005-12-31 | 42.07% |
| 2004-12-31 | 43.58% |
| 2003-12-31 | 44.91% |
| 2002-12-31 | 67.01% |
| 2001-12-31 | 50.24% |
| 2000-12-31 | 50.60% |
| 1999-12-31 | 48.61% |
| 1998-12-31 | 43.71% |
| 1997-12-31 | 49.53% |
| 1996-12-31 | 40.01% |
Related Metrics
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