ConocoPhillips (COP) FY2022 results: revenue $78.5 billion, up 71.3% on the year
ConocoPhillips (COP) reported revenue of $78.5 billion for fiscal 2022, the year ended 31 December 2022, up 71.3% on the year before. Net income was $18.7 billion, up 131.2%, and diluted earnings per share $14.57. The figures are the company's own, from the 10-K it filed with the SEC on 16 February 2023.
Revenue
$78.5 billion
+71.3% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$18.7 billion
+131.2% on the year
FY2015FY2022
Diluted EPS
$14.57
+140.0% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
28,314
16,996
4,802
+66.6%
Capital expenditure
10,159
5,324
4,715
+90.8%
Free cash flow
18,155
11,672
87.0
+55.5%
Free cash flow margin
23.1%
25.5%
0.5%
Cash from investing
-8,741
-8,544
-4,121
Cash from financing
-18,053
-6,335
-2,708
Depreciation and amortisation
7,504
7,208
5,521
+4.1%
Share-based compensation
377
304
159
+24.0%
Buybacks
9,270
3,623
892
+155.9%
Dividends paid
5,726
2,359
1,831
+142.7%
Dividend per share
$1.89
$1.75
$1.69
+8.0%
Diluted shares, weighted
1,278m
1,328m
1,078m
-3.8%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
48,003
45,406
29,849
+5.7%
Non-controlling interest
n/a
n/a
0.0
Debt
16,643
19,934
19,106
-16.5%
Other liabilities
29,183
25,321
13,663
+15.3%
Total liabilities and equity
93,829
90,661
62,618
+3.5%
Fixed assets
64,866
64,911
39,893
-0.1%
Investments
3,307
248
3,826
+1,233.5%
Cash and equivalents
6,458
5,028
2,991
+28.4%
Inventory
1,219
1,208
1,002
+0.9%
Other assets
17,979
19,266
14,906
-6.7%
Total assets
93,829
90,661
62,618
+3.5%
10-K for the year ended 31 December 2022, filed 16 February 2023: the filing.