Aureus
AExcellent

ConocoPhillips(COP)

A

Financial data as of Dec 31, 2025Declining · Energy

FCF Margin12.3%Free Cash Flow / Revenue
Cash Conversion247.8%Operating CF / Net Income
Free Cash Flow$7.2B
Revenue$58.9B
Net Cash-$16.9BNet debt position
Debt / FCF3.2xElevated debt burden
Current Ratio1.30Adequate short-term liquidity
YoY FCF Growth-50.8%5 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseA
→
+0.5Healthy FCF margin with manageable debt (12.3%, 3.2x; 2.2x sector-adjusted)
→
-1Significant YoY FCF decline (-50.8%)
→
FinalA

Analysis Summary

Strengths

  • Healthy FCF margin (12.3%)
  • Excellent cash conversion (248%)

Concerns

  • Net debt position ($16.9B) — 3.2x FCF, manageable
  • Significant YoY FCF decline (-50.8%)

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin12.3%
Net Margin13.6%
Operating CF Margin33.6%
CapEx Ratio21.3%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$16.9BNet debt position
Debt / FCF3.2xElevated debt burden
Current Ratio1.30Adequate liquidity
Debt / Equity0.36Low leverage

Quarterly FCF Trend

-50.8% YoYDeclining (-50.8%)

Free cash flow per quarter

Sector Comparison — Energy

FCF Margin ranked against sector peers

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Detailed Metrics

Company NameConocoPhillips
SectorEnergy
Free Cash Flow$7.2B
Revenue$58.9B
Net Income$8.0B
Operating Cash Flow$19.8B
Capital Expenditure$12.6B
FCF Margin12.3%
Cash Conversion Rate247.8%
Net Margin13.6%
Total Debt$23.4B
Total Cash$6.5B
Net Cash-$16.9B
Current Ratio1.30
Debt / Equity0.36
Debt / FCF3.2x
YoY FCF Growth-50.8%
Positive Quarters5 of 5
Trend DirectionDeclining
Report DateDec 31, 2025
GradeA
Data SourceYahoo Finance

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