Back to COP

CONOCOPHILLIPS Income Tax Expense 2007-2026 | COP

Beta

What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is CONOCOPHILLIPS's current income tax expense?

CONOCOPHILLIPS (COP) annual income tax expense for 2025 was $4.67B, a 5.44% increase from 2024. CONOCOPHILLIPS income tax expense for the quarter ending March 31, 2026 was $1.18B.

What was CONOCOPHILLIPS's income tax expense in 2024?

CONOCOPHILLIPS annual income tax expense for 2024 was $4.43B, a 16.96% decline from 2023.

What was CONOCOPHILLIPS's income tax expense in 2023?

CONOCOPHILLIPS annual income tax expense for 2023 was $5.33B, a 44.17% decline from 2022.

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGRN/A
FY2020
$-485.0M
FY2025
$4.67B
07080910111213141516171819202122232425
5 years selected
Income Tax Expense History
PeriodValueChangeSource
FY2025$4.67B+5.4%10-K
FY2024$4.43B-17.0%10-K
FY2023$5.33B-44.2%10-K
FY2022$9.55B+106.1%10-K
FY2021$4.63B+1055.3%10-K
FY2020$-485.0M-121.4%10-K
FY2019$2.27B-38.2%10-K
FY2018$3.67B+301.3%10-K
FY2017$-1.82B+7.6%10-K
FY2016$-1.97B+31.3%10-K
FY2015$-2.87B-180.0%10-K
FY2014$3.58B-44.1%10-K
FY2013$6.41B-19.3%10-K
FY2012$7.94B-3.2%10-K
FY2011$8.21B+8.4%10-K
FY2010$7.57B+48.7%10-K
FY2009$5.09B-62.1%10-K
FY2008$13.42B+17.9%10-K
FY2007$11.38B-10-K
Company: CONOCOPHILLIPSTicker: COPSector: EnergyIndustry: Petroleum RefiningView company profile →