Return on Assets (ROA)
since 2005
Calculation
ConocoPhillips, ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss) attributable to ConocoPhillips1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 11.42% | = | 100 | × | 10,957) | ÷ | 95,924) |
| Dec 31, 2022 | 19.91% | = | 100 | × | 18,680) | ÷ | 93,829) |
| Dec 31, 2021 | 8.91% | = | 100 | × | 8,079) | ÷ | 90,661) |
| Dec 31, 2020 | -4.31% | = | 100 | × | (2,701) | ÷ | 62,618) |
| Dec 31, 2019 | 10.20% | = | 100 | × | 7,189) | ÷ | 70,514) |
| Dec 31, 2018 | 8.94% | = | 100 | × | 6,257) | ÷ | 69,980) |
| Dec 31, 2017 | -1.17% | = | 100 | × | (855) | ÷ | 73,362) |
| Dec 31, 2016 | -4.03% | = | 100 | × | (3,615) | ÷ | 89,772) |
| Dec 31, 2015 | -4.54% | = | 100 | × | (4,428) | ÷ | 97,484) |
| Dec 31, 2014 | 5.89% | = | 100 | × | 6,869) | ÷ | 116,539) |
| Dec 31, 2013 | 7.76% | = | 100 | × | 9,156) | ÷ | 118,057) |
| Dec 31, 2012 | 7.19% | = | 100 | × | 8,428) | ÷ | 117,144) |
| Dec 31, 2011 | 8.12% | = | 100 | × | 12,436) | ÷ | 153,230) |
| Dec 31, 2010 | 7.27% | = | 100 | × | 11,358) | ÷ | 156,314) |
| Dec 31, 2009 | 3.18% | = | 100 | × | 4,858) | ÷ | 152,588) |
| Dec 31, 2008 | -11.90% | = | 100 | × | (16,998) | ÷ | 142,865) |
| Dec 31, 2007 | 6.69% | = | 100 | × | 11,891) | ÷ | 177,757) |
| Dec 31, 2006 | 9.44% | = | 100 | × | 15,550) | ÷ | 164,781) |
| Dec 31, 2005 | 12.64% | = | 100 | × | 13,529) | ÷ | 106,999) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
ConocoPhillips, ROA, long-term trends, comparison to competitors
| ConocoPhillips | Chevron Corp. | Exxon Mobil Corp. | Marathon Petroleum Corp. | Occidental Petroleum Corp. | Valero Energy Corp. | |
|---|---|---|---|---|---|---|
| Dec 31, 2023 | 11.42% | 8.17% | 9.57% | 11.26% | 6.35% | 14.01% |
| Dec 31, 2022 | 19.91% | 13.76% | 15.10% | 16.15% | 18.32% | 18.90% |
| Dec 31, 2021 | 8.91% | 6.52% | 6.80% | 11.41% | 3.09% | 1.61% |
| Dec 31, 2020 | -4.31% | -2.31% | -6.74% | -11.54% | -18.52% | -2.74% |
| Dec 31, 2019 | 10.20% | 1.23% | 3.95% | 2.68% | -0.61% | 4.50% |
| Dec 31, 2018 | 8.94% | 5.84% | 6.02% | 2.99% | 9.42% | 6.22% |
| Dec 31, 2017 | -1.17% | 3.62% | 5.65% | 7.00% | 3.12% | 8.10% |
| Dec 31, 2016 | -4.03% | -0.19% | 2.37% | 2.64% | -1.33% | 4.96% |
| Dec 31, 2015 | -4.54% | 1.72% | 4.80% | 6.61% | -18.02% | 9.00% |
| Dec 31, 2014 | 5.89% | 7.23% | 9.30% | 8.29% | 1.09% | 7.97% |
| Dec 31, 2013 | 7.76% | 8.44% | 9.39% | 7.44% | 8.50% | 5.76% |
| Dec 31, 2012 | 7.19% | 11.24% | 13.45% | 12.45% | 7.16% | 4.68% |
| Dec 31, 2011 | 8.12% | 12.84% | 12.40% | 9.28% | 11.28% | 4.89% |
| Dec 31, 2010 | 7.27% | 10.30% | 10.07% | — | 8.64% | 0.86% |
| Dec 31, 2009 | 3.18% | 6.37% | 8.26% | — | 6.59% | -5.56% |
| Dec 31, 2008 | -11.90% | 14.85% | 19.83% | — | 16.51% | -3.29% |
| Dec 31, 2007 | 6.69% | 12.56% | 16.78% | — | 14.79% | 12.25% |
| Dec 31, 2006 | 9.44% | 12.92% | 18.04% | — | 12.93% | 14.47% |
| Dec 31, 2005 | 12.64% | 11.20% | 17.34% | — | 20.23% | 10.97% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
ConocoPhillips, ROA, long-term trends, comparison to sector (oil, gas & consumable fuels)
| ConocoPhillips | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 11.42% | 9.57% |
| Dec 31, 2022 | 19.91% | 15.81% |
| Dec 31, 2021 | 8.91% | 6.73% |
| Dec 31, 2020 | -4.31% | -6.66% |
| Dec 31, 2019 | 10.20% | 3.09% |
| Dec 31, 2018 | 8.94% | 6.06% |
| Dec 31, 2017 | -1.17% | 4.51% |
| Dec 31, 2016 | -4.03% | 0.81% |
| Dec 31, 2015 | -4.54% | 1.84% |
| Dec 31, 2014 | 5.89% | 7.57% |
| Dec 31, 2013 | 7.76% | 8.56% |
| Dec 31, 2012 | 7.19% | 10.92% |
| Dec 31, 2011 | 8.12% | 11.14% |
| Dec 31, 2010 | 7.27% | 8.95% |
| Dec 31, 2009 | 3.18% | 5.64% |
| Dec 31, 2008 | -11.90% | 9.52% |
| Dec 31, 2007 | 6.69% | 12.63% |
| Dec 31, 2006 | 9.44% | 13.95% |
| Dec 31, 2005 | 12.64% | 14.53% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
ConocoPhillips, ROA, long-term trends, comparison to industry (energy)
| ConocoPhillips | Energy | |
|---|---|---|
| Dec 31, 2023 | 11.42% | 9.53% |
| Dec 31, 2022 | 19.91% | 15.46% |
| Dec 31, 2021 | 8.91% | 6.63% |
| Dec 31, 2020 | -4.31% | -7.52% |
| Dec 31, 2019 | 10.20% | 1.89% |
| Dec 31, 2018 | 8.94% | 5.83% |
| Dec 31, 2017 | -1.17% | 3.98% |
| Dec 31, 2016 | -4.03% | 0.55% |
| Dec 31, 2015 | -4.54% | 1.93% |
| Dec 31, 2014 | 5.89% | 7.61% |
| Dec 31, 2013 | 7.76% | 8.66% |
| Dec 31, 2012 | 7.19% | 10.78% |
| Dec 31, 2011 | 8.12% | 11.01% |
| Dec 31, 2010 | 7.27% | 8.91% |
| Dec 31, 2009 | 3.18% | 5.83% |
| Dec 31, 2008 | -11.90% | 9.89% |
| Dec 31, 2007 | 6.69% | 12.88% |
| Dec 31, 2006 | 9.44% | 14.04% |
| Dec 31, 2005 | 12.64% | 14.44% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).