ConocoPhillips (COP) FY2021 results: revenue $45.8 billion, up 144.0% on the year
ConocoPhillips (COP) reported revenue of $45.8 billion for fiscal 2021, the year ended 31 December 2021, up 144.0% on the year before. Net income was $8.1 billion, and diluted earnings per share $6.07. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2022.
Revenue
$45.8 billion
+144.0% on the year
FY2014FY2021
Operating margin
n/a
FY2014FY2021
Net income
$8.1 billion
FY2014FY2021
Diluted EPS
$6.07
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
16,996
4,802
11,104
+253.9%
Capital expenditure
5,324
4,715
6,636
+12.9%
Free cash flow
11,672
87.0
4,468
+13,316.1%
Free cash flow margin
25.5%
0.5%
12.2%
Cash from investing
-8,544
-4,121
-6,618
Cash from financing
-6,335
-2,708
-5,229
Depreciation and amortisation
7,208
5,521
6,090
+30.6%
Share-based compensation
304
159
274
+91.2%
Buybacks
3,623
892
3,500
+306.2%
Dividends paid
2,359
1,831
1,500
+28.8%
Dividend per share
$1.75
$1.69
$1.34
+3.6%
Diluted shares, weighted
1,328m
1,078m
1,124m
+23.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
45,406
29,849
34,981
+52.1%
Non-controlling interest
n/a
0.0
69.0
Debt
19,934
19,106
18,108
+4.3%
Other liabilities
25,321
13,663
17,356
+85.3%
Total liabilities and equity
90,661
62,618
70,514
+44.8%
Fixed assets
64,911
39,893
42,269
+62.7%
Investments
248
3,826
3,028
-93.5%
Cash and equivalents
5,028
2,991
5,088
+68.1%
Receivables
n/a
n/a
3,401
Inventory
1,208
1,002
1,026
+20.6%
Other assets
19,266
14,906
15,702
+29.2%
Total assets
90,661
62,618
70,514
+44.8%
10-K for the year ended 31 December 2021, filed 17 February 2022: the filing.