ConocoPhillips (COP) EV/EBITDA Ratio: 7.35x
Is ConocoPhillips’s EV/EBITDA ratio high or low?
ConocoPhillips's EV/EBITDA ratio of 7.35x is 26% above its 5-year average of 5.85x, around the middle of its 5-year range (3.40x–12.03x).
The EV/EBITDA ratio for ConocoPhillips (COP) is 7.35x as of Wednesday, June 10, 2026. It is above its 12-month average by 20.11% (6.12x).
COP EV/EBITDA Ratio Chart
COP Average EV/EBITDA Ratio Chart
COP Current vs Average EV/EBITDA Ratio Chart
COP EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
7.35x
EV/EBITDA RATIO AVG TTM
6.12x
EV/EBITDA RATIO AVG 3Y
5.66x
EV/EBITDA RATIO AVG 5Y
5.85x
EV/EBITDA RATIO AVG 10Y
26.56x
EV/EBITDA RATIO AVG 15Y
19.83x
EV/EBITDA RATIO AVG 20Y
15.64x
CURRENT VS TTM AVG
+20.11%
CURRENT VS 3Y AVG
+29.84%
CURRENT VS 5Y AVG
+25.60%
CURRENT VS 10Y AVG
-72.33%
CURRENT VS 15Y AVG
-62.93%
CURRENT VS 20Y AVG
-53.02%
COP Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ConocoPhillips (COP) | — | 7.35x | 6.12x | 5.66x | 5.85x |
| SLB N.V. (SLB) | $82.98B | 13.21x | 9.74x | 10.08x | 11.25x |
| Marathon Petroleum Corporation (MPC) | $76.89B | 8.90x | 8.85x | 6.37x | 7.27x |
| Valero Energy Corporation (VLO) | $76.63B | 9.08x | 11.47x | 6.97x | 8.59x |
| EOG Resources, Inc. (EOG) | $74.71B | 6.54x | 5.82x | 5.38x | 6.10x |
| Phillips 66 (PSX) | $72.86B | 8.29x | 11.04x | 8.49x | 9.49x |
| ONEOK, Inc. (OKE) | $57.06B | 11.55x | 10.89x | 12.02x | 12.23x |
| Occidental Petroleum Corporation (OXY) | $56.79B | 6.24x | 5.58x | 5.28x | 5.54x |
| Antero Midstream Corporation (AM) | $10.32B | 13.98x | 12.24x | 11.44x | 10.86x |
| Helmerich & Payne, Inc. (HP) | $3.93B | 10.97x | 7.24x | 5.43x | 66.83x |
EV/EBITDA vs. its own history
At 7.3, EV/EBITDA is richer than usual — richer than 80% of its 20-year range.
20-year low
1.5
median
4.7
20-year high
624.4
Understanding EV/EBITDA
Enterprise Value (EV) = Market Cap + Total Debt - Cash
EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization
EV/EBITDA is commonly used for comparing companies because:
- It accounts for debt levels (capital structure neutral)
- It removes effects of different depreciation policies
- It can be compared across countries with different tax rates
- It can remain available when net income is negative, if EBITDA is positive
ConocoPhillips EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
ConocoPhillips EV/EBITDA Ratio FAQ
- What is the EV/EBITDA ratio for ConocoPhillips (COP)?
- The EV/EBITDA ratio for COP stock is 7.35x.
- Is ConocoPhillips's EV/EBITDA ratio high or low?
- ConocoPhillips's EV/EBITDA ratio of 7.35x is 26% above its 5-year average of 5.85x, around the middle of its 5-year range (3.40x–12.03x).
- What is the TTM average EV/EBITDA ratio for ConocoPhillips (COP)?
- The TTM average EV/EBITDA ratio for COP stock is 6.12x.
- What is the 3Y average EV/EBITDA ratio for ConocoPhillips (COP)?
- The 3Y average EV/EBITDA ratio for COP stock is 5.66x.
- What is the 5Y average EV/EBITDA ratio for ConocoPhillips (COP)?
- The 5Y average EV/EBITDA ratio for COP stock is 5.85x.
- What is the 10Y average EV/EBITDA ratio for ConocoPhillips (COP)?
- The 10Y average EV/EBITDA ratio for COP stock is 26.56x.
- What is the 15Y average EV/EBITDA ratio for ConocoPhillips (COP)?
- The 15Y average EV/EBITDA ratio for COP stock is 19.83x.
- What is the 20Y average EV/EBITDA ratio for ConocoPhillips (COP)?
- The 20Y average EV/EBITDA ratio for COP stock is 15.64x.
ConocoPhillips EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-10 | 7.35x |
| 2026-06-09 | 7.15x |
| 2026-06-08 | 7.27x |
| 2026-06-05 | 7.17x |
| 2026-06-04 | 7.29x |
| 2026-06-03 | 7.28x |
| 2026-06-02 | 7.16x |
| 2026-06-01 | 7.09x |
| 2026-05-29 | 7.00x |
| 2026-05-28 | 7.05x |
| 2026-05-27 | 7.06x |
| 2026-05-26 | 7.14x |
| 2026-05-22 | 7.35x |
| 2026-05-21 | 7.36x |
| 2026-05-20 | 7.46x |
| 2026-05-19 | 7.61x |
| 2026-05-18 | 7.58x |
| 2026-05-15 | 7.46x |
| 2026-05-14 | 7.27x |
| 2026-05-13 | 7.19x |
| 2026-05-12 | 7.21x |
| 2026-05-11 | 7.09x |
| 2026-05-08 | 6.99x |
| 2026-05-07 | 7.05x |
| 2026-05-06 | 7.27x |
| 2026-05-05 | 7.51x |
| 2026-05-04 | 7.60x |
| 2026-05-01 | 7.50x |
| 2026-04-30 | 7.64x |
| 2026-04-29 | 7.56x |
| 2026-04-28 | 7.35x |
| 2026-04-27 | 7.21x |
| 2026-04-24 | 7.21x |
| 2026-04-23 | 7.35x |
| 2026-04-22 | 7.26x |
| 2026-04-21 | 7.13x |
| 2026-04-20 | 6.93x |
| 2026-04-17 | 6.91x |
| 2026-04-16 | 7.20x |
| 2026-04-15 | 7.06x |
| 2026-04-14 | 7.06x |
| 2026-04-13 | 7.31x |
| 2026-04-10 | 7.26x |
| 2026-04-09 | 7.31x |
| 2026-04-08 | 7.40x |
| 2026-04-07 | 7.75x |
| 2026-04-06 | 7.74x |
| 2026-04-02 | 7.68x |
| 2026-04-01 | 7.57x |
| 2026-03-31 | 7.76x |
| 2026-03-30 | 7.81x |
| 2026-03-27 | 7.86x |
| 2026-03-26 | 7.83x |
| 2026-03-25 | 7.60x |
| 2026-03-24 | 7.62x |
| 2026-03-23 | 7.50x |
| 2026-03-20 | 7.49x |
| 2026-03-19 | 7.44x |
| 2026-03-18 | 7.31x |
| 2026-03-17 | 7.27x |
| 2026-03-16 | 7.19x |
| 2026-03-13 | 7.22x |
| 2026-03-12 | 7.14x |
| 2026-03-11 | 6.96x |
| 2026-03-10 | 6.81x |
| 2026-03-09 | 6.96x |
| 2026-03-06 | 6.96x |
| 2026-03-05 | 6.95x |
| 2026-03-04 | 6.89x |
| 2026-03-03 | 7.04x |
| 2026-03-02 | 7.03x |
| 2026-02-27 | 6.77x |
| 2026-02-26 | 6.63x |
| 2026-02-25 | 6.59x |
| 2026-02-24 | 6.62x |
| 2026-02-23 | 6.58x |
| 2026-02-20 | 6.62x |
| 2026-02-19 | 6.67x |
| 2026-02-18 | 6.62x |
| 2026-02-17 | 6.52x |
| 2026-02-13 | 6.55x |
| 2026-02-12 | 6.52x |
| 2026-02-11 | 6.54x |
| 2026-02-10 | 6.34x |
| 2026-02-09 | 6.41x |
| 2026-02-06 | 6.35x |
| 2026-02-05 | 6.21x |
| 2026-02-04 | 6.35x |
| 2026-02-03 | 6.21x |
| 2026-02-02 | 6.05x |
| 2026-01-30 | 6.17x |
| 2026-01-29 | 6.10x |
| 2026-01-28 | 6.03x |
| 2026-01-27 | 5.95x |
| 2026-01-26 | 5.87x |
| 2026-01-23 | 5.87x |
| 2026-01-22 | 5.79x |
| 2026-01-21 | 5.81x |
| 2026-01-20 | 5.72x |
| 2026-01-16 | 5.86x |
| 2026-01-15 | 5.90x |
| 2026-01-14 | 5.97x |
| 2026-01-13 | 5.77x |
| 2026-01-12 | 5.72x |
| 2026-01-09 | 5.82x |
| 2026-01-08 | 5.89x |
| 2026-01-07 | 5.64x |
| 2026-01-06 | 5.80x |
| 2026-01-05 | 5.91x |
| 2026-01-02 | 5.78x |
| 2025-12-31 | 5.62x |
| 2025-12-30 | 5.65x |
| 2025-12-29 | 5.57x |
| 2025-12-26 | 5.51x |
| 2025-12-24 | 5.53x |
| 2025-12-23 | 5.58x |
| 2025-12-22 | 5.61x |
| 2025-12-19 | 5.54x |
| 2025-12-18 | 5.55x |
| 2025-12-17 | 5.69x |
| 2025-12-16 | 5.47x |
| 2025-12-15 | 5.66x |
| 2025-12-12 | 5.72x |
| 2025-12-11 | 5.78x |
| 2025-12-10 | 5.79x |
| 2025-12-09 | 5.61x |
| 2025-12-08 | 5.58x |
| 2025-12-05 | 5.63x |
| 2025-12-04 | 5.60x |
| 2025-12-03 | 5.53x |
| 2025-12-02 | 5.40x |
| 2025-12-01 | 5.45x |
| 2025-11-28 | 5.37x |
| 2025-11-26 | 5.28x |
| 2025-11-25 | 5.26x |
| 2025-11-24 | 5.31x |
| 2025-11-21 | 5.30x |
| 2025-11-20 | 5.30x |
| 2025-11-19 | 5.33x |
| 2025-11-18 | 5.42x |
| 2025-11-17 | 5.37x |
| 2025-11-14 | 5.51x |
| 2025-11-13 | 5.40x |
| 2025-11-12 | 5.39x |
| 2025-11-11 | 5.47x |
| 2025-11-10 | 5.34x |
| 2025-11-07 | 5.27x |
| 2025-11-06 | 5.21x |
| 2025-11-05 | 5.32x |
| 2025-11-04 | 5.33x |
| 2025-11-03 | 5.36x |
| 2025-10-31 | 5.38x |
| 2025-10-30 | 5.34x |
| 2025-10-29 | 5.34x |
| 2025-10-28 | 5.27x |
| 2025-10-27 | 5.37x |
| 2025-10-24 | 5.34x |
| 2025-10-23 | 5.44x |
| 2025-10-22 | 5.30x |
| 2025-10-21 | 5.25x |
| 2025-10-20 | 5.29x |
| 2025-10-17 | 5.26x |
| 2025-10-16 | 5.28x |
| 2025-10-15 | 5.32x |
| 2025-10-14 | 5.34x |
| 2025-10-13 | 5.38x |
| 2025-10-10 | 5.32x |
| 2025-10-09 | 5.54x |
| 2025-10-08 | 5.63x |
| 2025-10-07 | 5.71x |
| 2025-10-06 | 5.69x |
| 2025-10-03 | 5.66x |
| 2025-10-02 | 5.61x |
| 2025-10-01 | 5.72x |
| 2025-09-30 | 5.68x |
| 2025-09-29 | 5.74x |
| 2025-09-26 | 5.88x |
| 2025-09-25 | 5.79x |
| 2025-09-24 | 5.73x |
| 2025-09-23 | 5.62x |
| 2025-09-22 | 5.54x |
| 2025-09-19 | 5.54x |
| 2025-09-18 | 5.62x |
| 2025-09-17 | 5.64x |
| 2025-09-16 | 5.67x |
| 2025-09-15 | 5.56x |
| 2025-09-12 | 5.57x |
| 2025-09-11 | 5.65x |
| 2025-09-10 | 5.66x |
| 2025-09-09 | 5.54x |
| 2025-09-08 | 5.51x |
| 2025-09-05 | 5.59x |
| 2025-09-04 | 5.74x |
| 2025-09-03 | 5.68x |
| 2025-09-02 | 5.91x |
| 2025-08-29 | 5.90x |
| 2025-08-28 | 5.88x |
| 2025-08-27 | 5.85x |
| 2025-08-26 | 5.81x |
| 2025-08-25 | 5.86x |
| 2025-08-22 | 5.79x |
| 2025-08-21 | 5.69x |
| 2025-08-20 | 5.69x |
| 2025-08-19 | 5.63x |
| 2025-08-18 | 5.65x |
| 2025-08-15 | 5.72x |
| 2025-08-14 | 5.73x |
| 2025-08-13 | 5.74x |
| 2025-08-12 | 5.68x |
| 2025-08-11 | 5.62x |
| 2025-08-08 | 5.64x |
| 2025-08-07 | 5.57x |
| 2025-08-06 | 5.42x |
| 2025-08-05 | 5.43x |
| 2025-08-04 | 5.41x |
| 2025-08-01 | 5.41x |
| 2025-07-31 | 5.54x |
| 2025-07-30 | 5.60x |
| 2025-07-29 | 5.67x |
| 2025-07-28 | 5.62x |
| 2025-07-25 | 5.52x |
| 2025-07-24 | 5.55x |
| 2025-07-23 | 5.52x |
| 2025-07-22 | 5.42x |
| 2025-07-21 | 5.32x |
| 2025-07-18 | 5.35x |
| 2025-07-17 | 5.41x |
| 2025-07-16 | 5.34x |
| 2025-07-15 | 5.40x |
| 2025-07-14 | 5.48x |
| 2025-07-11 | 5.55x |
| 2025-07-10 | 5.54x |
| 2025-07-09 | 5.50x |
| 2025-07-08 | 5.56x |
| 2025-07-07 | 5.40x |
| 2025-07-03 | 5.45x |
| 2025-07-02 | 5.49x |
| 2025-07-01 | 5.37x |
| 2025-06-30 | 5.25x |
| 2025-06-27 | 5.27x |
| 2025-06-26 | 5.31x |
| 2025-06-25 | 5.22x |
| 2025-06-24 | 5.24x |
| 2025-06-23 | 5.35x |
| 2025-06-20 | 5.50x |
| 2025-06-18 | 5.46x |
| 2025-06-17 | 5.55x |
| 2025-06-16 | 5.52x |
| 2025-06-13 | 5.62x |
| 2025-06-12 | 5.50x |
| 2025-06-11 | 5.44x |
| 2025-06-10 | 5.33x |
| 2025-06-09 | 5.17x |
| 2025-06-06 | 5.12x |
| 2025-06-05 | 5.03x |
| 2025-06-04 | 5.06x |
| 2025-06-03 | 5.16x |
| 2025-06-02 | 5.10x |
| 2025-05-30 | 5.03x |
| 2025-05-29 | 5.04x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
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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