OakChart

Conoco Phillips

COPEnergy·Oil & Gas E&P·USA·Large·NYSE·Nov 13 • 7:01 AM ET

140.060.00 (0.00%)
2026-11-13 13:07 CET
Market cap
$165.60B
Revenue, TTM
67,679.00 USD m
Net income, TTM
11,521.00 USD m
Free cash flow, TTM
11,114.00 USD m
EPS diluted, TTM
9.50
Price / earnings
14.74
Compare

Price

COP against its 20, 50 and 200-day averages
Terms2050200Beat
Patternshover a marker to name it
RS 93Sales 20,035Price18,01519,090100.00120.00140.0011.4M22.9MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26COPclose 140.0620-day 143.6850-day 137.25200-day 123.31140.0652w high 154.2852-week range, not 6 months

9.2% under the 52-week high of 154.28 on 30 Oct 2026. 52-week low 85.70 on 25 Nov 2025. Last 15 sessions, 17.7% high to low

Volume 0.01× normal · the line is the 50-bar volume average

Setup. RS line 93
CANSLIM 6 of 6
VCP 5 of 6 — fails: Average True Range: Under 2
Minervini 4 of 4
Zanger 2 of 5 — fails: Performance: Week +10%; 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5
Leaders 5 of 5
Breakout 2 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2
Growth 3 of 4 — fails: EPS Growth Next Year: High (>25%)
Quality 3 of 5 — fails: Net Profit Margin: High (>20%); Debt/Equity: Low (<0.1)
Value 2 of 4 — fails: P/B: Under 2; Debt/Equity: Low (<0.1)
Income 2 of 4 — fails: Dividend Growth: Growing 2+ Years; Payout Ratio: Low (<20%)
Small Cap 3 of 4 — fails: Float: Under 100M
Accumulation 3 of 4 — fails: Institutional Transactions: Over +10%
Relative Strength 2 of 3 — fails: Performance: Year +100%

Profile

COP
52-week range, 79% of the way up
85.70154.28

ConocoPhillips is an exploration and production company, which engages in the exploration, production, transport, and marketing of crude oil, bitumen, and natural gas. It operates through the following geographical segments: Alaska, Lower 48, Canada, Europe, Middle East, and North Africa, Asia Pacific, and Other International. The Alaska segment explores for, produces, transports and markets crude oil, natural gas and NGLs. The Lower 48 segment consists of operations located in the 48 contiguous U.S. states and the Gulf of Mexico. The Canada segment refers to oil sands development in the Athabasca Region of northeastern Alberta and a liquids-rich unconventional play in western Canada. The Europe, Middle East, and North Africa segment includes operations in the Norwegian sector of the North Sea, the Norwegian Sea, Qatar, Libya, Equatorial Guinea and commercial and terminalling operations in the U.K. The Asia Pacific segment focuses on explorations and product operations in China, Indonesia, Malaysia, and Australia. The Other International segment handles exploration activities in Columbia and Argentina. The company was founded by Isaac Elder Blake on November 25, 1875 and is headquartered in Houston, TX.

IndexS&P 500, RUI
Employees9900
IPOJan 13, 1978
Beta0.15
ATR, 14d3.89
Rel volume0.01
Short float1.35%
Insider own0.09%
Inst own88.38%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap$165.60B
Enterprise Value178.93B
Income11.52B
Sales67.68B
Book / share55.81
Cash / share8.40
Dividend Est.3.45 (2.46%)
Dividend TTM3.36 (2.40%)
Dividend Ex-DateNov 16, 2026
Dividend Gr. 3/5Y-13.95% 13.48%
Payout50.07%
Employees9900
IPOJan 13, 1978

Ratios

Price / earnings14.74
Forward price / earnings12.62
Price / earnings / growth0.72
Price / sales2.45
Price / book2.51
Price / cash16.68
Price / free cash flow14.90
Value / cash profit6.20
Value / sales2.64
Quick Ratio1.37
Current Ratio1.52
Debt / equity0.35
Long-term debt / equity0.34
Options and shortYes / Yes

Earnings

Earnings / share9.50
Earnings next year11.10
Earnings next quarter3.62
Earnings this year92.80%
Earnings next year-6.55%
Earnings growth, 5 years17.53%
Past earnings growth-24.17% -
Past sales growth-9.26% 25.63%
Earnings vs last year34.37%
Sales vs last year13.47%
Earnings vs last quarter141.81%
Sales vs last quarter30.40%
EarningsNov 05 BMO
Surprise7.12% 4.06%

Ownership

Insiders own0.09%
Insider trades-2.43%
Institutions own88.38%
Institution trades-2.23%
Return on assets9.27%
Return on equity17.60%
Return on capital13.04%
Gross Margin29.67%
Operating margin24.86%
Profit Margin17.02%
20-day average-2.52%
50-day average2.05%
200-day average13.58%

Technical

Shares out1.18B
Shares floating1.18B
Short / float1.35%
Short ratio2.38
Short interest15.99M
52-week high154.28 -9.2%
52-week low85.70 +63.4%
Volatility2.78% 2.84%
Average range3.89
Strength index50.02
Market sensitivity0.15
Relative volume0.01
Avg Volume6.72M
Volume1,851

Performance

Perf Week2.78%
Perf Month-1.18%
Perf Quarter9.80%
Perf Half Y14.42%
Perf YTD49.62%
Perf Year56.63%
Perf 3Y22.05%
Perf 5Y104.80%
Perf 10Y237.26%
Recommendation2.06
Target Price153.74
Prev Close140.06
Price140.06
Change %0.00%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Nov 12, 2026DowngradeBernsteinOutperform → Mkt Perform$129 → $122-12.9%
Nov 11, 2026DowngradeFreedom BrokerBuy → Hold$122 → $138-1.5%
Oct 29, 2026InitiatedWilliam BlairMkt Perform
Oct 27, 2026ResumedPiper SandlerNeutral$157+12.1%
Sep 10, 2026ResumedStifelHold$148+5.7%
Sep 03, 2026InitiatedSeaport Research PartnersNeutral
Jun 22, 2026UpgradeRoth CapitalNeutral → Buy$130-7.2%
Mar 24, 2026InitiatedTruistHold$124-11.5%
Feb 17, 2026DowngradeRoth CapitalBuy → Neutral$112-20.0%
Jan 20, 2026DowngradeJP MorganOverweight → Neutral$98-30.0%

Peers

Mkt cap
TickerCompanyMkt cap
EOGEOG Resources Inc80.97B
OXYOccidental Petroleum Corp58.57B
DVNDevon Energy Corp53.00B
FANGDiamondback Energy Inc50.97B
CNQCanadian Natural Resources Ltd100.43B
WDSWoodside Energy Group Ltd ADR40.02B
EQTEQT Corp33.42B
CVXChevron Corp426.04B
XOMExxonMobil Holdings Corp693.88B
TPLTexas Pacific Land Corp19.64B

Insider trading

latest 14 of 36
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Kelly RoseOfficerOct 22 '26Proposed Sale145.633,953575,675Oct 22 06:59 PM
LUNDQUIST ANDREW DSenior Vice PresidentAug 21 '26Sale135.159,4871,282,1689,593Aug 24 01:00 PM
Rose Kelly BrunettiSVP & General CounselAug 20 '26Sale134.5115,0002,017,72510,284Aug 21 04:04 PM
LUNDQUIST ANDREW DOfficerAug 21 '26Proposed Sale135.159,4871,282,172Aug 21 02:07 PM
Kelly RoseOfficerAug 20 '26Proposed Sale134.8915,0002,023,350Aug 20 06:07 PM
Mulligan SharmilaDirectorJun 10 '26Sale119.001,974234,9060Jun 10 04:00 PM
Mulligan SharmilaDirectorMay 21 '26Proposed Sale122.621,974242,052May 21 10:32 AM
Lance Ryan MichaelChairman and CEOMar 31 '26Sale132.71113,22115,025,389350,000Mar 31 04:32 PM
Ryan M. LanceOfficerMar 31 '26Proposed Sale132.00113,22114,945,172Mar 31 04:15 PM
Rose Kelly BrunettiSVP & General CounselMar 24 '26Sale130.037,7001,001,21225,284Mar 25 04:00 PM
Kelly RoseOfficerMar 24 '26Proposed Sale129.357,700995,995Mar 24 04:39 PM
Olds Nicholas GExecutive Vice PresidentMar 23 '26Sale127.066,994888,6515,395Mar 23 05:58 PM
Nicholas OldsOfficerMar 23 '26Proposed Sale127.026,994888,372Mar 23 05:55 PM
Lance Ryan MichaelChairman and CEOMar 20 '26Option Exercise49.76506,80025,215,834513,635Mar 23 04:02 PM

Held by

AUM
TickerCompanyAUM
SCHDSchwab US Dividend Equity ETFAUM: 123.65B
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
VOOVanguard S&P 500 ETFAUM: 1070.75B
XLEState Street Energy Select Sector SPDR ETFAUM: 41.58B
IVViShares Core S&P 500 ETFAUM: 882.14B
SPYSPDR S&P 500 ETF TrustAUM: 805.69B
VTVVanguard Morningstar Value ETFAUM: 198.14B
VDEVanguard Energy ETFAUM: 10.68B
VYMVanguard High Dividend Yield Indx ETFAUM: 83.97B
SPYMState Street SPDR Portfolio S&P 500 ETFAUM: 186.08B

News

latest 14 of 200

Quarterly earnings

2026Q3 EPS 3.270 beat 3.053, from 1.610 a year earlier. Sales 19,347 beat 18,593, from 15,521 a year earlier
EPS
3.27002024Q4 EPS 1.980 against 1.83724Q42025Q1 EPS 2.090 against 2.05425Q12025Q2 EPS 1.420 against 1.35025Q22025Q3 EPS 1.610 against 1.40625Q32025Q4 EPS 1.020 against 1.07025Q42026Q1 EPS 1.890 against 1.72126Q12026Q2 EPS 3.240 against 2.90126Q22026Q3 EPS 3.270 against 3.05326Q3
Sales, USD millions
19,48902024Q4 sales 14,741 against 14,45024Q42025Q1 sales 17,068 against 16,32825Q12025Q2 sales 14,675 against 14,67925Q22025Q3 sales 15,521 against 14,61025Q32025Q4 sales 14,325 against 13,94725Q42026Q1 sales 16,067 against 15,61826Q12026Q2 sales 19,489 against 18,78726Q22026Q3 sales 19,347 against 18,59326Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-11-05 08:303.2703.0533.34019,34718,593EPS +7.1% · sales +4.1%vs 2025Q3, year-ago quarter · EPS +103.1% · sales +24.6%27 EPS · 15 salesOpen +2.03% vs SPY -0.17%. Close -1.08% vs SPY -4.41%
2026Q2ended 2026-06-302026-08-06 08:303.2402.9013.22719,48918,787EPS +11.7% · sales +3.7%vs 2025Q2, year-ago quarter · EPS +128.2% · sales +32.8%23 EPS · 14 salesOpen +4.31% vs SPY +0.05%. Close +1.50% vs SPY -0.16%
2026Q1ended 2026-03-312026-04-30 08:301.8901.7211.77716,06715,618EPS +9.8% · sales +2.9%vs 2025Q1, year-ago quarter · EPS -9.6% · sales -5.9%25 EPS · 14 salesOpen -2.90% vs SPY +0.43%. Close -1.93% vs SPY +0.99%
2025Q4ended 2025-12-312026-02-05 08:301.0201.0701.16514,32513,947EPS -4.6% · sales +2.7%vs 2024Q4, year-ago quarter · EPS -48.5% · sales -2.8%24 EPS · 14 salesOpen -0.59% vs SPY -0.77%. Close -2.43% vs SPY -1.25%
2025Q3ended 2025-09-302025-11-06 08:301.6101.4061.38015,52114,610EPS +14.5% · sales +6.2%vs 2024Q3, year-ago quarter · EPS -9.6% · sales +14.1%26 EPS · 13 salesOpen -0.80% vs SPY -0.16%. Close -2.33% vs SPY -1.07%
2025Q2ended 2025-06-302025-08-07 08:301.4201.3501.56014,67514,679EPS +5.2% · sales 0.0%vs 2024Q2, year-ago quarter · EPS -28.3% · sales +3.4%23 EPS · 11 salesOpen -1.15% vs SPY +0.55%. Close -0.55% vs SPY -0.08%
2025Q1ended 2025-03-312025-05-08 08:302.0902.0542.22817,06816,328EPS +1.8% · sales +4.5%vs 2024Q1, year-ago quarter · EPS +3.0% · sales +18.3%24 EPS · 11 salesOpen +1.88% vs SPY +0.73%. Close +1.27% vs SPY +0.70%
2024Q4ended 2024-12-312025-02-06 08:301.9801.8371.90214,74114,450EPS +7.8% · sales +2.0%vs 2023Q4, year-ago quarter · EPS -17.5% · sales -3.6%23 EPS · 13 salesOpen -1.32% vs SPY +0.29%. Close -0.27% vs SPY +0.35%
2024Q3ended 2024-09-302024-10-31 08:301.7801.6661.76413,60913,974EPS +6.8% · sales -2.6%vs 2023Q3, year-ago quarter · EPS -17.6% · sales -8.2%23 EPS · 12 salesOpen +3.87% vs SPY -0.77%. Close +6.37% vs SPY -1.96%
2024Q2ended 2024-06-302024-08-01 08:301.9801.9631.98414,19914,956EPS +0.9% · sales -5.1%vs 2023Q2, year-ago quarter · EPS +7.6% · sales +10.4%23 EPS · 13 salesOpen +1.12% vs SPY +0.32%. Close -2.53% vs SPY -1.42%
2024Q1ended 2024-03-312024-05-02 08:302.0302.0392.15414,43314,956EPS -0.4% · sales -3.5%vs 2023Q1, year-ago quarter · EPS -14.7% · sales -7.0%24 EPS · 13 salesOpen +0.31% vs SPY +0.76%. Close -1.68% vs SPY +0.94%
2023Q4ended 2023-12-312024-02-08 08:302.4002.0942.52015,28915,147EPS +14.6% · sales +0.9%vs 2022Q4, year-ago quarter · EPS -11.4% · sales -20.7%24 EPS · 11 salesOpen +0.70% vs SPY 0.00%. Close +1.41% vs SPY +0.04%
2023Q3ended 2023-09-302023-11-02 08:302.1602.1152.32514,82214,973EPS +2.1% · sales -1.0%vs 2022Q3, year-ago quarter · EPS -40.0% · sales -31.4%21 EPS · 10 sales-
2023Q2ended 2023-06-302023-08-03 08:301.8401.9261.83812,86414,735EPS -4.4% · sales -12.7%vs 2022Q2, year-ago quarter · EPS -52.9% · sales -41.2%22 EPS · 10 sales-
2023Q1ended 2023-03-312023-05-04 08:302.3802.0602.38715,51715,776EPS +15.5% · sales -1.6%vs 2022Q1, year-ago quarter · EPS -27.2% · sales -18.6%20 EPS · 10 sales-
2022Q4ended 2022-12-312023-02-02 08:302.7102.7222.60619,27718,197EPS -0.5% · sales +5.9%vs 2021Q4, year-ago quarter · EPS +19.4% · sales +21.4%23 EPS · 9 sales-

Annual earnings

2025FY EPS 6.160 missed 6.291, from 7.790 a year earlier. Sales 61,113 beat 61,059, from 57,092 a year earlier
EPS
13.6520-1.0202018FY EPS 4.540 against 4.47720182019FY EPS 3.590 against 3.70420192020FY EPS -0.970 against -1.02020202021FY EPS 6.010 against 5.94720212022FY EPS 13.520 against 13.65220222023FY EPS 8.770 against 8.52520232024FY EPS 7.790 against 7.72520242025FY EPS 6.160 against 6.2912025
Sales, USD millions
80,34802018FY sales 38,575 against 38,17420182019FY sales 36,670 against 36,65220192020FY sales 19,147 against 19,01820202021FY sales 47,920 against 45,09920212022FY sales 80,348 against 79,87120222023FY sales 58,421 against 58,36920232024FY sales 57,092 against 56,39820242025FY sales 61,113 against 61,0592025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2030FYestimate-11.360--73,18512.33
2029FYestimate-10.647--70,92913.16
2028FYestimate-10.000--65,84714.01
2027FYestimate-11.098--69,48012.62
2026FYestimate-11.876--74,07111.79
2025FY6.1606.2916.35061,11361,05915.20
2024FY7.7907.7257.80657,09256,39812.73
2023FY8.7708.5259.05958,42158,36913.17
2022FY13.52013.65214.56880,34879,8718.53
2021FY6.0105.9476.08347,92045,09911.38
2020FY-0.970-1.020-2.50619,14719,018-
2019FY3.5903.7046.39936,67036,65217.12
2018FY4.5404.4775.32338,57538,17412.98
2017FY0.6000.626-0.70031,85030,18786.46
2016FY-2.660-2.824-2.90324,10524,117-
2015FY-1.400-1.102-3.56530,93531,067-
2014FY5.3005.4585.51054,86355,40326.43
2013FY5.7005.6497.38049,22151,77424.57
2012FY5.3705.7286.72057,42072,59926.08
2011FY6.6786.4726.838245,059240,47820.97
2010FY4.5134.5205.809198,655181,93331.04

Quarterly results

2026Q3 revenue 19,520, from 14,969 a year earlier. Operating margin 28.4%, from 18.1% a year earlier
Revenue, USD millions
19,52002024Q4 revenue 14,23824Q42025Q1 revenue 16,45825Q12025Q2 revenue 13,97925Q22025Q3 revenue 14,96925Q32025Q4 revenue 13,30825Q42026Q1 revenue 15,60226Q12026Q2 revenue 19,24926Q22026Q3 revenue 19,52026Q3
Operating margin
31.002024Q4 operating margin 20.9%24Q42025Q1 operating margin 25.5%25Q12025Q2 operating margin 18.5%25Q22025Q3 operating margin 18.1%25Q32025Q4 operating margin 15.1%25Q42026Q1 operating margin 21.1%26Q12026Q2 operating margin 31.0%26Q22026Q3 operating margin 28.4%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY E 11.88 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYEper share2026-11-1111.88+0.3%
2026Q4Eper share2026-11-113.62+1.1%
2026FYRper share2026-11-1011.95-0.9%
2026FYSUSD millions2026-11-1074,071-1.3%
2026Q4SUSD millions2026-11-1020,035-0.1%
2026Q4Rper share2026-11-093.68+0.4%
2026Q3Eper share2026-10-303.05+0.2%
2026Q3Rper share2026-10-302.98+0.4%
2026Q3SUSD millions2026-10-3018,593+0.1%
2026Q2Eper share2026-07-232.90+0.2%
2026Q2SUSD millions2026-07-2318,787-0.3%
2026Q2Rper share2026-07-202.96+1.4%
2026Q1Eper share2026-04-261.67-0.9%
2026Q1Rper share2026-04-261.62-1.9%
2026Q1SUSD millions2026-04-2615,539-0.5%
2025FYEper share2026-02-036.29+0.1%
2025FYSUSD millions2026-02-0359,694+0.0%
2025FYRper share2026-01-286.370.0%
2025Q4Rper share2026-01-281.090.0%
2025Q4SUSD millions2026-01-2813,941+1.9%
2025Q4Eper share2026-01-231.07-2.5%
2025Q3SUSD millions2025-11-0214,7560.0%
2025Q3Eper share2025-10-311.410.0%
2025Q3Rper share2025-10-261.410.0%
2025Q2Eper share2025-07-281.35-0.6%
2025Q2SUSD millions2025-07-2814,679-0.2%
2025Q2Rper share2025-07-261.340.0%
2025Q1Eper share2025-05-022.050.0%
2025Q1SUSD millions2025-05-0116,328+0.7%
2025Q1Rper share2025-04-292.00+0.0%
2024FYEper share2025-02-037.72+0.0%
2024Q4Eper share2025-02-031.84+0.2%
2024FYSUSD millions2025-01-2856,3980.0%
2024Q4SUSD millions2025-01-2814,4500.0%
2024FYRper share2025-01-247.84-0.1%
2024Q4Rper share2025-01-241.83-0.6%
2024Q3Eper share2024-10-231.65-1.1%
2024Q3SUSD millions2024-10-2313,974-0.1%
2024Q3Rper share2024-10-161.73-2.3%
2024Q2Eper share2024-08-011.96+0.1%
2024Q2Rper share2024-08-012.02+0.3%
2024Q2SUSD millions2024-07-2514,956+0.1%
2024Q1Eper share2024-04-302.040.0%
2024Q1SUSD millions2024-04-2614,956-0.2%
2024Q1Rper share2024-04-232.020.0%
2023FYEper share2024-02-078.520.0%
2023FYRper share2024-02-078.64-0.2%
2023FYSUSD millions2024-02-0758,369-0.2%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share-0.75.3236.399-2.5066.08314.5689.0597.8066.3519.5041-
Sales USD millions29,02936,37232,42618,76546,05678,58256,05554,61258,71467,679-
Shares million shares1,1771,1381,0851,0681,3021,2241,1781,2761,225-1,182
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share1.7641.9022.2281.561.381.1651.7773.2273.336
Sales USD millions12,99214,23816,45813,97914,96913,30815,60219,24919,520
Shares million shares1,1511,2761,2621,2491,2361,2251,2181,2011,182

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue67,679.0058,714.00+7.5%54,612.00-2.6%56,055.00-28.7%78,582.00+70.6%46,056.00+145.4%18,765.00-42.1%32,426.00-10.8%36,372.00
Cost of Goods Sold Incl. D&A47,600.0044,252.00+14.7%38,584.00+0.9%38,246.00-21.9%48,954.00+56.3%31,329.00+61.4%19,411.00-18.7%23,879.00-7.4%25,791.00
Gross Profit20,079.0014,462.00-9.8%16,028.00-10.0%17,809.00-39.9%29,628.00+101.2%14,727.00-646.00-107.6%8,547.00-19.2%10,581.00
Selling, General and Administrative Excl. Other709.00821.00-29.1%1,158.00+64.3%705.00+13.2%623.00-13.4%719.00+67.2%430.00-22.7%556.00+38.7%401.00
Research and Development-78.00-3.7%81.000.0%81.00+14.1%71.00+14.5%62.00-17.3%75.00-8.5%82.00+5.1%78.00
Other Operating Expense2,546.002,146.00+2.8%2,087.00+0.6%2,074.00-38.3%3,364.00+105.9%1,634.00+116.7%754.00-20.9%953.00-9.1%1,048.00
Operating Income16,824.0011,495.00-10.1%12,783.00-15.0%15,030.00-41.4%25,641.00+107.2%12,374.00-1,830.00-126.0%7,038.00-22.9%9,132.00
Interest Expense1,217.001,233.00+11.3%1,108.00+4.2%1,063.00+0.8%1,055.00-6.3%1,126.00+6.4%1,058.00-4.2%1,104.00+1.5%1,088.00
Unusual Expense125.00187.00+122.6%84.00+250.0%24.00-79.00-83.00-105.0%1,674.00-287.00-1788.2%17.00
Net Income Before Taxes17,672.0012,656.00-7.4%13,672.00-16.1%16,288.00-42.3%28,228.00+122.1%12,712.00-3,140.00-133.0%9,524.00-4.5%9,973.00
Income Taxes6,115.004,668.00+5.4%4,427.00-17.0%5,331.00-44.2%9,548.00+106.1%4,633.00-485.00-121.4%2,267.00-38.2%3,668.00
Consolidated Net Income11,521.007,961.00-13.6%9,218.00-15.6%10,922.00-41.3%18,620.00+130.5%8,079.00-2,655.00-136.6%7,257.00+15.1%6,305.00
Net Income From Continuing Operations11,521.007,961.00-13.6%9,218.00-15.6%10,922.00-41.3%18,620.00+130.5%8,079.00-2,701.00-137.6%7,189.00+14.9%6,257.00
Net Income11,521.007,961.00-13.6%9,218.00-15.6%10,922.00-41.3%18,620.00+130.5%8,079.00-2,701.00-137.6%7,189.00+14.9%6,257.00
EPS (Recurring) per share9.716.46-17.8%7.86-13.3%9.07-37.5%14.52+140.4%6.04-1.42-122.8%6.22+16.7%5.33
EPS (Basic, Before Extraordinaries) per share9.516.36-18.7%7.82-13.9%9.08-37.9%14.62+139.7%6.10-2.51-139.0%6.43+20.0%5.36
EPS (Diluted) per share9.506.35-18.7%7.81-13.8%9.06-37.8%14.57+139.6%6.08-2.51-139.2%6.40+20.3%5.32
EBITDA28,866.0023,176.00+3.3%22,428.00-4.4%23,462.00-29.9%33,485.00+70.6%19,626.00+311.1%4,774.00-64.8%13,549.00-10.8%15,183.00
Non-Operating Income (Expense)2,080.002,581.00+24.0%2,081.00-11.3%2,345.00-34.2%3,563.00+158.0%1,381.00-2.9%1,422.00-56.9%3,303.00+69.7%1,946.00
Other After Tax Adjustments-36.00-27.00-27.00-35.00-60.000.000.000.000.00
Stock Option Compensation Expense-257.00+27.9%201.00-19.6%250.00-11.3%282.00-25.8%380.00+91.0%199.00-2.0%203.00-38.3%329.00
Price To Earnings Ratio ratio statement ratio, not the snapshot14.7414.7411.7512.638.3011.29-9.6311.05
Price To Sales Ratio ratio2.212.002.142.501.922.082.302.252.02
Gross Margin %29.6724.6329.3531.7737.7031.98-3.4426.3629.09
Operating Margin %24.8619.5823.4126.8132.6326.87-9.7521.7025.11
Net Margin %17.0213.5616.8819.4823.6917.54-14.3922.1717.20
Shares Outstanding million shares1,182.341,225.17-4.0%1,275.87+8.3%1,178.10-3.7%1,223.86-6.0%1,302.24+21.9%1,068.04-1.6%1,084.87-4.7%1,138.35
Market Capitalization165,598.54165,598.54+29.3%128,046.12-6.8%137,319.03-4.6%144,004.85+59.3%90,373.98+123.5%40,432.42-40.1%67,549.49-0.6%67,951.21

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue19,520.00+30.4%19,249.00+37.7%15,602.00-5.2%13,308.00-6.5%14,969.00+15.2%13,979.00+2.9%16,458.00+19.3%14,238.00-2.8%
Cost of Goods Sold Incl. D&A13,101.00+14.2%12,300.00+16.4%11,505.00-0.1%10,694.00+5.8%11,471.00+21.7%10,569.00+12.1%11,518.00+19.7%10,109.00+1.3%
Gross Profit6,419.00+83.5%6,949.00+103.8%4,097.00-17.1%2,614.00-36.7%3,498.00-2.0%3,410.00-18.0%4,940.00+18.4%4,129.00-11.5%
Selling, General and Administrative Excl. Other219.00-19.2%188.00-24.8%193.00+1.0%109.00-82.7%271.00+45.7%250.00+52.4%191.00+7.3%630.00+266.3%
Other Operating Expense648.00+23.4%793.00+38.6%607.00+10.2%498.00-4.2%525.00+10.3%572.00+6.7%551.00-0.7%520.00+15.6%
Operating Income5,552.00+105.5%5,968.00+130.6%3,297.00-21.5%2,007.00-32.6%2,702.00-7.1%2,588.00-25.2%4,198.00+22.1%2,979.00-26.3%
Interest Expense241.00-24.0%281.00-14.1%295.00-1.3%290.00+5.1%317.00+17.8%327.00+17.6%299.00+4.9%276.00-7.4%
Unusual Expense-67.00-5.00-66.00263.00+353.4%-43.00-18.00-158.1%-15.0058.00
Net Income Before Taxes5,982.00+104.3%6,082.00+101.6%3,363.00-24.7%2,245.00-24.4%2,928.00-9.5%3,017.00-17.5%4,466.00+17.3%2,970.00-30.3%
Income Taxes1,981.00+64.8%2,151.00+105.6%1,180.00-27.0%803.00+20.9%1,202.00+2.2%1,046.00-21.4%1,617.00+28.6%664.00-47.2%
Consolidated Net Income3,989.00+131.9%3,918.00+99.5%2,177.00-23.3%1,437.00-37.5%1,720.00-16.2%1,964.00-15.4%2,840.00+11.7%2,300.00-23.3%
Net Income From Continuing Operations3,989.00+131.9%3,918.00+99.5%2,177.00-23.3%1,437.00-37.5%1,720.00-16.2%1,964.00-15.4%2,840.00+11.7%2,300.00-23.3%
Net Income3,989.00+131.9%3,918.00+99.5%2,177.00-23.3%1,437.00-37.5%1,720.00-16.2%1,964.00-15.4%2,840.00+11.7%2,300.00-23.3%
EPS (Recurring) per share3.30+142.6%3.22+107.7%1.74-21.6%1.31-32.5%1.36-22.7%1.55-22.5%2.22+3.3%1.94-22.1%
EPS (Basic, Before Extraordinaries) per share3.34+142.0%3.23+107.1%1.78-20.2%1.17-38.4%1.38-22.0%1.56-21.6%2.23+3.2%1.90-24.9%
EPS (Diluted) per share3.34+142.0%3.23+107.1%1.78-20.2%1.16-38.9%1.38-21.6%1.56-21.2%2.23+3.7%1.90-24.6%
EBITDA8,574.00+52.0%8,973.00+64.6%6,237.00-11.0%5,082.00-9.9%5,639.00+6.4%5,450.00-6.4%7,005.00+23.6%5,641.00-10.1%
Non-Operating Income (Expense)604.00+20.8%390.00-47.2%295.00-46.6%791.00+143.4%500.00-16.0%738.00+45.0%552.00-15.1%325.00-31.7%
Other After Tax Adjustments-12.00-13.00-6.00-5.00-6.00-7.00-9.00-6.00
Price To Earnings Ratio ratio statement ratio, not the snapshot14.7417.6820.8513.2412.6911.3713.4311.75
Price To Sales Ratio ratio2.212.002.791.971.981.962.342.20
Gross Margin %32.8836.1026.2619.6423.3724.3930.0229.00
Operating Margin %28.4431.0021.1315.0818.0518.5125.5120.92
Net Margin %20.4420.3513.9510.8011.4914.0517.2616.15
Shares Outstanding million shares1,182.34-4.3%1,201.34-3.8%1,218.29-3.5%1,225.17-4.0%1,235.72+7.4%1,248.94+7.6%1,262.41+7.9%1,275.87+8.3%
Market Capitalization165,598.54+40.2%126,653.43+12.0%161,348.88+21.1%115,675.75-9.7%118,137.23-3.2%113,080.06-14.9%133,244.06-10.8%128,046.12-6.8%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments7,046.00+15.2%6,114.00-7.4%6,606.00-28.5%9,243.00+64.3%5,626.00-16.0%6,694.00-18.4%8,206.00+33.1%6,163.00-24.8%8,198.00
Short Term Receivables5,813.00-13.2%6,695.00+22.3%5,474.00-22.8%7,088.00+6.3%6,670.00+142.2%2,754.00-19.0%3,401.00-16.4%4,067.00-5.9%4,320.00
Inventories1,873.00+3.5%1,809.00+29.4%1,398.00+14.7%1,219.00+0.9%1,208.00+20.6%1,002.00-2.3%1,026.00+1.9%1,007.00-5.0%1,060.00
Other Current Assets800.00-22.3%1,029.00+20.8%852.00-28.9%1,199.00-52.9%2,546.00+57.5%1,616.00-62.2%4,280.00+110.1%2,037.00-30.6%2,934.00
Total Current Assets15,532.00-0.7%15,647.00+9.2%14,330.00-23.6%18,749.00+16.8%16,050.00+33.0%12,066.00-28.7%16,913.00+27.4%13,274.00-19.6%16,512.00
Net Property, Plant & Equipment94,189.00-1.2%95,373.00+34.8%70,735.00+8.2%65,402.00-0.2%65,560.00+61.2%40,676.00-5.8%43,165.00-5.5%45,698.00+0.0%45,683.00
Total Investments and Advances10,542.00+3.9%10,148.00+8.4%9,364.00+9.4%8,561.00+17.1%7,308.00-11.4%8,250.00-7.1%8,881.00-8.5%9,702.00-0.3%9,727.00
Long-Term Note Receivable110.00-2.7%113.00-21.0%143.00+0.7%142.00+44.9%98.00-28.5%137.00-43.6%243.00+2.1%238.00-36.5%375.00
Deferred Tax Assets221.00-3.9%230.00-9.8%255.00+5.8%241.00-29.1%340.00-6.3%363.00+97.3%184.00-58.4%442.00+169.5%164.00
Other Assets1,345.00+6.0%1,269.00+15.7%1,097.00+49.5%734.00-43.8%1,305.00+15.9%1,126.00-0.2%1,128.00+80.2%626.00-30.5%901.00
Total Assets121,939.00-0.7%122,780.00+28.0%95,924.00+2.2%93,829.00+3.5%90,661.00+44.8%62,618.00-11.2%70,514.00+0.8%69,980.00-4.6%73,362.00
Short Term Debt Incl. Current Port. of LT Debt1,403.00+2.9%1,364.00+7.7%1,267.00+121.5%572.00-58.8%1,388.00+64.3%845.00+86.9%452.00+303.6%112.00-95.7%2,575.00
Accounts Payable6,218.00+2.9%6,044.00+18.1%5,117.00-17.0%6,163.00+22.6%5,025.00+86.2%2,698.00-15.7%3,200.00-17.8%3,895.00-3.3%4,030.00
Income Tax Payable1,835.00-25.4%2,460.00+35.8%1,811.00-43.3%3,193.00+11.6%2,862.00+794.4%320.00-68.9%1,030.00-22.0%1,320.00+27.2%1,038.00
Other Current Liabilities2,516.00+11.5%2,256.00+24.6%1,810.00-38.0%2,919.00+6.3%2,746.00+82.7%1,503.00-36.3%2,361.00+14.2%2,068.00+17.9%1,754.00
Total Current Liabilities11,972.00-1.3%12,124.00+21.2%10,005.00-22.1%12,847.00+6.9%12,021.00+124.0%5,366.00-23.8%7,043.00-4.8%7,395.00-21.3%9,397.00
Long Term Debt22,991.00-4.1%23,984.00+30.6%18,367.00+10.5%16,616.00-13.5%19,213.00+25.5%15,309.00-0.4%15,375.00+3.5%14,856.00-13.3%17,128.00
Provision for Risks Charges9,183.00+0.8%9,111.00+10.7%8,229.00+10.1%7,475.00+8.2%6,907.00-3.1%7,127.00-0.1%7,133.00-24.5%9,452.00-0.3%9,485.00
Deferred Tax Liabilities12,237.00+7.1%11,426.00+29.6%8,813.00+14.1%7,726.00+25.0%6,179.00+64.9%3,747.00-19.1%4,634.00-7.7%5,021.00-4.9%5,282.00
Other Liabilities1,069.00-20.2%1,339.00+8.8%1,231.00+5.9%1,162.00+24.3%935.00-23.4%1,220.00-4.6%1,279.00+7.3%1,192.00-6.1%1,269.00
Total Liabilities57,452.00-0.9%57,984.00+24.3%46,645.00+1.8%45,826.00+1.3%45,255.00+38.1%32,769.00-7.6%35,464.00-6.5%37,916.00-10.9%42,561.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity64,487.00-0.5%64,796.00+31.5%49,279.00+2.7%48,003.00+5.7%45,406.00+52.1%29,849.00-14.7%34,981.00+9.5%31,939.00+4.4%30,607.00
Total Shareholders Equity64,487.00-0.5%64,796.00+31.5%49,279.00+2.7%48,003.00+5.7%45,406.00+52.1%29,849.00-14.7%34,981.00+9.5%31,939.00+4.4%30,607.00
Accumulated Minority Interest0.000.000.000.000.000.00-100.0%69.00-44.8%125.00-35.6%194.00
Total Equity64,487.00-0.5%64,796.00+31.5%49,279.00+2.7%48,003.00+5.7%45,406.00+52.1%29,849.00-14.8%35,050.00+9.3%32,064.00+4.1%30,801.00
Total Liabilities & Stockholders Equity121,939.00-0.7%122,780.00+28.0%95,924.00+2.2%93,829.00+3.5%90,661.00+44.8%62,618.00-11.2%70,514.00+0.8%69,980.00-4.6%73,362.00
Book Value Per Share per share52.64+3.6%50.79+21.4%41.83+6.7%39.22+12.5%34.87+24.8%27.95-13.3%32.24+14.9%28.06+7.9%26.00
Tangible Book Value Per Share per share52.64+3.6%50.79+21.4%41.83+6.7%39.22+12.5%34.87+24.8%27.95-13.3%32.24+14.9%28.06+7.9%26.00
Full-Time Employees people9,900-16.1%11,800+19.2%9,900+4.2%9,500-4.0%9,900+2.1%9,700-6.7%10,400-3.7%10,800-5.3%11,400
Price to Book Ratio ratio2.512.282.882.931.971.351.912.102.04
Return on Assets %6.518.4311.5120.1910.54-4.0610.238.73-1.05
Return on Equity %12.3216.1622.4539.8721.47-8.3321.4920.01-2.61
Return on Invested Capital %9.1010.3816.1528.8212.50-5.9814.2813.37-1.79
Quick Ratio ratio1.141.141.291.361.232.062.261.661.64
Current Ratio ratio1.301.291.431.461.342.252.401.791.76

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income11,557.007,988.00-13.6%9,245.00-15.6%10,957.00-41.3%18,680.00+131.2%8,079.00-2,655.00-136.6%7,257.00+15.1%6,305.00
Depreciation12,042.0011,681.00+21.1%9,645.00+14.4%8,432.00+7.5%7,844.00+8.2%7,252.00+9.8%6,604.00+1.4%6,511.00+7.6%6,051.00
Other Funds (Non Cash)81.00-346.00-133.0%1,048.00+28.9%813.00-62.00-952.00-146.2%2,059.00-1,641.00-340.00
Funds from Operations24,053.0019,872.00-2.1%20,305.00-4.9%21,347.00-25.2%28,548.00+81.5%15,725.00+203.9%5,174.00-55.7%11,683.00-5.0%12,299.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-811.00-76.00-181.00-1,382.00-234.00-118.4%1,271.00-372.00-579.00-191.2%635.00
Cash from Operating Activities23,242.0019,796.00-1.6%20,124.00+0.8%19,965.00-29.5%28,314.00+66.6%16,996.00+253.9%4,802.00-56.8%11,104.00-14.1%12,934.00
Capital Expenditures-12,128.00-12,553.00-12,118.00-11,248.00-10,159.00-5,324.00-4,715.00-6,636.00-6,750.00
Net Assets From Acquisitions0.000.00-24.00-2,724.00-60.00-8,290.000.000.00-
Sale of Fixed Assets and Businesses3,372.003,248.00+1144.4%261.00-58.7%632.00-81.8%3,471.00+110.0%1,653.00+25.5%1,317.00-56.3%3,012.00+178.4%1,082.00
Purchase or Sale of Investments-1,176.00-55.00-113.3%415.00-69.8%1,373.00-2,515.00-178.7%3,196.00-542.00-2,783.00-260.0%1,739.00
Purchase of Investments-3,225.00-2,110.00-3,353.00-2,330.00-5,821.00-5,833.00-12,760.00-5,048.00-
Sale Or Maturity of Investments2,049.002,055.00-45.5%3,768.00+1.8%3,703.00+12.0%3,306.00-63.4%9,029.00-26.1%12,218.00+439.4%2,265.00+30.2%1,739.00
Other Uses-15.00-22.000.00-63.000.000.00-181.00-211.00-68.00
Other Sources258.00546.00+72.8%316.00+953.3%30.00-94.3%522.00+136.2%221.000.000.00-100.0%154.00
Cash from Investing Activities-9,689.00-8,836.00-11,150.00-12,000.00-8,741.00-8,544.00-4,121.00-6,618.00-3,843.00
Cash Dividends Paid-4,102.00-3,995.00-3,646.00-5,583.00-5,726.00-2,359.00-1,831.00-1,500.00-1,363.00
Change in Capital Stock-6,512.00-5,118.00-5,541.00-5,452.00-8,908.00-3,478.00-897.00-3,530.00-2,878.00
Repurchase of Common Pref Stock-6,429.00-5,018.00-5,463.00-5,400.00-9,270.00-3,623.00-892.00-3,500.00-2,999.00
Sale of Common Pref Stock-83.00-100.00-78.00-52.00-114.4%362.00+149.7%145.00-5.00-30.00-124.8%121.00
Proceedsfrom Stock Options-83.00-100.00-78.00-52.00-114.4%362.00+149.7%145.00-5.00-30.00-124.8%121.00
Issuance or Reduction of Debt, Net-284.00-913.00-249.7%610.00-74.7%2,408.00-3,370.00-505.00-1197.8%46.00-80.00-4,995.00
Change in Long Term Debt-284.00-913.00-249.7%610.00-74.7%2,408.00-3,370.00-505.00-1197.8%46.00-80.00-4,995.00
Issuance of Long Term Debt600.000.00-100.0%5,591.00+47.6%3,787.00+30.7%2,897.000.00-100.0%300.000.000.00
Reduction of Long Term Debt-884.00-913.00-4,981.00-1,379.00-6,267.00-505.00-254.00-80.00-4,995.00
Net Financing Active Other Cash Flow-81.00-76.00-258.00-34.00-49.00-800.0%7.00-26.00-119.00-123.00
Other Financing Activities Uses-81.00-76.00-258.00-34.00-49.000.00-26.00-119.00-123.00
Cash from Financing Activities-10,979.00-10,102.00-8,835.00-8,661.00-18,053.00-6,335.00-2,708.00-5,229.00-9,359.00
Exchange Rate Effect44.00153.00-133.00-99.00-224.00-34.00-20.00-46.00-117.00
Net Change in Cash2,618.001,011.00+16750.0%6.00-795.00-161.3%1,296.00-37.8%2,083.00-2,047.00-789.00-385.00
Free Cash Flow11,114.007,243.00-9.5%8,006.00-8.2%8,717.00-52.0%18,155.00+55.5%11,672.00+13316.1%87.00-98.1%4,468.00-27.7%6,184.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio21.3436.1326.8644.6512.1310.29-24.6215.20
Deferred Taxes & Investment Tax Credit-549.00+49.6%367.00-67.9%1,145.00-45.1%2,086.00+55.0%1,346.00-834.00-444.00-256.9%283.00

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments9,929.00+58.7%7,692.00+44.0%6,363.00-12.1%7,046.00+15.2%6,256.00-7.9%5,340.00-11.3%7,235.00+19.4%6,114.00-7.4%
Short Term Receivables7,916.00+37.8%6,957.00+22.0%7,050.00+10.2%5,813.00-13.2%5,744.00+19.3%5,701.00+7.4%6,400.00+17.3%6,695.00+22.3%
Inventories1,977.00+14.9%1,879.00-0.9%1,910.00+3.6%1,873.00+3.5%1,721.00+15.0%1,897.00+31.1%1,844.00+27.8%1,809.00+29.4%
Other Current Assets1,046.00-51.6%2,667.00+166.4%906.00-36.5%800.00-22.3%2,163.00+145.5%1,001.00+3.9%1,427.00+88.0%1,029.00+20.8%
Total Current Assets20,868.00+31.4%19,195.00+37.7%16,229.00-4.0%15,532.00-0.7%15,884.00+13.6%13,939.00+1.5%16,906.00+23.2%15,647.00+9.2%
Net Property, Plant & Equipment91,148.00-2.5%91,248.00-4.2%93,141.00-1.2%94,189.00-1.2%93,498.00+32.2%95,242.00+35.6%94,316.00+34.9%95,373.00+34.8%
Total Investments and Advances11,215.00+6.4%10,943.00+1.2%10,836.00+3.8%10,542.00+3.9%10,537.00+10.0%10,815.00+11.4%10,441.00+9.6%10,148.00+8.4%
Deferred Tax Assets---221.00-3.9%---230.00-9.8%
Other Assets2,842.00+11.3%2,875.00+10.4%2,519.00-2.8%1,345.00+6.0%2,553.00+5.9%2,603.00+11.9%2,591.00+18.2%1,269.00+15.7%
Total Assets126,073.00+2.9%124,261.00+1.4%122,725.00-1.2%121,939.00-0.7%122,472.00+26.7%122,599.00+27.7%124,254.00+30.3%122,780.00+28.0%
Short Term Debt Incl. Current Port. of LT Debt878.00-13.6%462.00+11.6%1,065.00+75.2%1,403.00+2.9%1,016.00-22.7%414.00-68.4%608.00-45.4%1,364.00+7.7%
Accounts Payable7,472.00+19.6%6,764.00+3.8%7,017.00-4.5%6,218.00+2.9%6,245.00+20.3%6,517.00+26.4%7,349.00+43.0%6,044.00+18.1%
Income Tax Payable2,830.00+46.0%2,540.00+45.8%2,129.00-27.1%1,835.00-25.4%1,939.00-21.6%1,742.00-13.6%2,919.00+37.9%2,460.00+35.8%
Other Current Liabilities2,565.00-8.7%2,686.00+16.1%2,375.00-3.2%2,516.00+11.5%2,809.00+57.1%2,313.00+25.7%2,453.00+36.6%2,256.00+24.6%
Total Current Liabilities13,745.00+14.5%12,452.00+13.3%12,586.00-5.6%11,972.00-1.3%12,009.00+11.6%10,986.00+6.4%13,329.00+31.2%12,124.00+21.2%
Long Term Debt22,384.00-0.4%22,828.00-1.2%22,262.00-3.9%22,991.00-4.1%22,466.00+32.2%23,115.00+35.7%23,176.00+33.9%23,984.00+30.6%
Provision for Risks Charges9,476.00+2.8%9,337.00+1.2%9,310.00+1.8%9,183.00+0.8%9,214.00+11.3%9,224.00+12.1%9,145.00+12.8%9,111.00+10.7%
Deferred Tax Liabilities12,551.00+3.7%12,387.00+5.3%12,389.00+7.9%12,237.00+7.1%12,109.00+34.8%11,766.00+31.8%11,483.00+30.8%11,426.00+29.6%
Other Liabilities1,926.00+10.0%1,908.00-1.4%1,637.00-13.1%1,069.00-20.2%1,751.00-2.5%1,936.00+11.9%1,883.00+12.6%1,339.00+8.8%
Total Liabilities60,082.00+4.4%58,912.00+3.3%58,184.00-1.4%57,452.00-0.9%57,549.00+22.9%57,027.00+23.3%59,016.00+28.2%57,984.00+24.3%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity65,991.00+1.6%65,349.00-0.3%64,541.00-1.1%64,487.00-0.5%64,923.00+30.2%65,572.00+31.8%65,238.00+32.3%64,796.00+31.5%
Total Shareholders Equity65,991.00+1.6%65,349.00-0.3%64,541.00-1.1%64,487.00-0.5%64,923.00+30.2%65,572.00+31.8%65,238.00+32.3%64,796.00+31.5%
Accumulated Minority Interest0.000.000.000.000.000.000.000.00
Total Equity65,991.00+1.6%65,349.00-0.3%64,541.00-1.1%64,487.00-0.5%64,923.00+30.2%65,572.00+31.8%65,238.00+32.3%64,796.00+31.5%
Total Liabilities & Stockholders Equity126,073.00+2.9%124,261.00+1.4%122,725.00-1.2%121,939.00-0.7%122,472.00+26.7%122,599.00+27.7%124,254.00+30.3%122,780.00+28.0%
Book Value Per Share per share55.81+6.2%54.40+3.6%52.98+2.5%52.64+3.6%52.54+21.2%52.50+22.5%51.68+22.6%50.79+21.4%
Tangible Book Value Per Share per share55.81+6.2%54.40+3.6%52.98+2.5%52.64+3.6%52.54+21.2%52.50+22.5%51.68+22.6%50.79+21.4%
Full-Time Employees people---9,900-16.1%---11,800+19.2%
Price to Book Ratio ratio2.511.962.511.781.801.732.062.28
Return on Assets %9.277.505.916.518.058.388.668.43
Return on Equity %17.6014.1311.2512.3215.3715.8816.6116.16
Return on Invested Capital %4.514.442.511.641.972.213.212.59
Quick Ratio ratio1.371.391.141.141.181.101.131.14
Current Ratio ratio1.521.541.291.301.321.271.271.29

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income4,001.00+131.8%3,931.00+99.4%2,183.00-23.4%1,442.00-37.5%1,726.00-16.2%1,971.00-15.4%2,849.00+11.7%2,306.00-23.3%
Depreciation3,022.00+2.9%3,005.00+5.0%2,940.00+4.7%3,075.00+15.5%2,937.00+22.9%2,862.00+21.1%2,807.00+25.9%2,662.00+19.2%
Other Funds (Non Cash)42.00-88.0%193.00162.00-316.00-194.9%349.00+48.5%-261.00-204.0%-118.00-151.5%333.00
Funds from Operations7,172.00+33.7%7,176.00+52.0%5,387.00-1.5%4,318.00-20.3%5,366.00+13.6%4,721.00-6.8%5,467.00+7.3%5,419.00-1.4%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital23.00-95.5%258.00-1,092.00-268.5%0.00512.00-50.8%-1,236.00648.00-962.00
Cash from Operating Activities7,195.00+22.4%7,434.00+113.3%4,295.00-29.8%4,318.00-3.1%5,878.00+2.0%3,485.00-29.2%6,115.00+22.7%4,457.00-15.3%
Capital Expenditures-3,133.00-3,024.00-2,948.00-3,023.00-2,866.00-3,286.00-3,378.00-3,317.00
Net Assets From Acquisitions0.000.000.000.000.000.000.00-24.00
Sale of Fixed Assets and Businesses1,566.00+438.1%181.00-74.4%9.00-98.6%1,616.00291.00+646.2%706.00+14020.0%635.00+186.0%-5.00-126.3%
Purchase or Sale of Investments-1,025.00-622.00-258.7%-30.00501.00-50.6%-548.00-381.0%392.00-400.00-198.8%1,014.00
Purchase of Investments-1,890.00-891.00-239.00-205.00-985.00-309.00-611.00-288.00
Sale Or Maturity of Investments865.00+97.9%269.00-61.6%209.00-0.9%706.00-45.8%437.00-69.0%701.00+110.5%211.00-70.8%1,302.00+420.8%
Other Uses26.00+271.4%-38.00-1366.7%-1.00-2.00-118.2%7.00+250.0%3.00-62.5%-30.0011.00-94.3%
Other Sources46.00-8.00162.00-80.4%58.00-52.1%-63.00-386.4%-276.00-7000.0%827.00+389.3%121.00+303.3%
Cash from Investing Activities-2,520.00-3,511.00-2,808.00-850.00-3,179.00-2,461.00-2,346.00-2,200.00
Cash Dividends Paid-1,007.00-1,025.00-1,032.00-1,038.00-975.00-984.00-998.00-897.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock-2,410.00-2,004.00-1,041.00-1,057.00-1,284.00-1,225.00-1,552.00-1,962.00
Repurchase of Common Pref Stock-2,401.00-2,000.00-1,006.00-1,022.00-1,274.00-1,222.00-1,500.00-1,950.00
Sale of Common Pref Stock-9.00-4.00-35.00-35.00-10.00-3.00-175.0%-52.00-12.00-340.0%
Proceedsfrom Stock Options-9.00-4.00-35.00-35.00-10.00-3.00-175.0%-52.00-12.00-340.0%
Issuance or Reduction of Debt, Net-47.00-61.00-114.00-62.00-105.1%-45.00-259.00-547.001,217.00
Change in Long Term Debt-47.00-61.00-114.00-62.00-105.1%-45.00-259.00-547.001,217.00
Issuance of Long Term Debt600.000.000.000.00-100.0%0.000.000.005,591.00
Reduction of Long Term Debt-647.00-61.00-114.00-62.00-45.00-259.00-547.00-4,374.00
Net Financing Active Other Cash Flow-1.00-80.001.00-1.00-20.00-15.00-40.00-127.00
Other Financing Activities Uses-1.00-79.000.00-1.00-20.00-15.00-40.00-127.00
Cash from Financing Activities-3,465.00-3,170.00-2,186.00-2,158.00-2,324.00-2,483.00-3,137.00-1,769.00
Exchange Rate Effect42.00-34.00-152.3%29.00-65.1%7.00-2.00-104.9%65.00+1525.0%83.00-105.00-305.9%
Net Change in Cash1,252.00+235.7%719.00-670.00-193.7%1,317.00+243.9%373.00-60.7%-1,394.00715.00383.00
Free Cash Flow4,062.00+34.9%4,410.00+2116.1%1,347.00-50.8%1,295.00+13.6%3,012.00+5.8%199.00-89.8%2,737.00+32.3%1,140.00-52.1%
Price to Free Cash Flow ratio21.3421.0688.6535.5636.4736.0527.0327.50

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Region
Name20242025vs 20242025 share
United States49,418.0051,824.00+4.9%100.0%
Total49,418.0051,824.00+4.9%100.0%
Segment
Name20242025vs 20242025 share
Alaska6,553.005,638.00-14.0%10.9%
Asia Pacific And Middle East1,847.001,770.00-4.2%3.4%
Canada3,514.003,625.00+3.2%7.0%
Consolidation, Policy-5,327.00-7,120.00+33.7%-13.7%
Corporate17.0032.00+88.2%0.1%
EMEA5,788.006,484.00+12.0%12.5%
Lower 4837,026.0041,395.00+11.8%79.9%
Total49,418.0051,824.00+4.9%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-301.35%16.0M1181.3M6.52M
2026-10-151.55%18.6M1200.3M6.54M
2026-09-301.28%15.3M1200.3M6.69M
2026-09-151.34%16.1M1200.3M6.94M
2026-08-311.40%16.8M1200.1M7.10M
2026-08-141.41%16.9M1200.1M7.06M
2026-07-311.54%18.5M1200.1M7.20M
2026-07-151.70%20.7M1217.1M7.76M
2026-06-301.58%19.2M1217.1M8.21M
2026-06-151.97%23.9M1214.7M8.53M
2026-05-291.83%22.3M1217.1M9.53M
2026-05-152.29%27.9M1217.1M9.63M
2026-04-301.98%24.1M1217.0M9.76M
2026-04-151.62%19.8M1220.8M9.77M
2026-03-311.96%24.0M1220.8M9.91M
2026-03-131.95%23.8M1220.8M8.99M
2026-02-271.62%19.8M1220.8M8.02M
2026-02-131.67%20.3M1220.8M7.92M
2026-01-301.27%15.7M1234.5M7.71M
2026-01-151.58%19.6M1234.5M7.28M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call70.0069.2071.2066.779.8061.000.000.999-0.0660.000
call75.0064.2566.2061.808.5031.000.000.999-0.0660.000
call80.0058.9561.2056.817.7458.000.000.999-0.0660.000
call85.0053.9056.2051.847.0400.000.000.986-0.7220.002
call90.0048.9051.2046.706.36310.000.000.984-0.7080.003
call95.0043.9046.2039.155.7222.000.000.983-0.6940.003
call10038.9541.2037.325.2161.000.000.980-0.6760.003
call10533.9536.250.004.6100.000.000.978-0.6600.004
call11028.9531.1025.333.8416.000.000.975-0.6380.004
call11226.9529.2023.353.7172.000.000.973-0.6300.004
call11325.9528.2025.793.6051.001.000.972-0.6250.004
call11424.9527.2024.863.4932.001.000.971-0.6190.004
call11523.9526.2023.543.3809.001.000.970-0.6130.005
call11622.9525.2022.613.27113.001.000.969-0.6090.005
call11721.9524.1020.343.07315.000.000.968-0.6020.005
call11820.9523.2019.393.0508.000.000.967-0.5970.005
call11919.9522.0520.992.81624.004.000.966-0.5900.005
call12018.9521.2017.072.82825.000.000.964-0.5830.005
call12117.9520.2016.092.7201.000.000.963-0.5770.005
call12216.9519.2014.892.6103.000.000.961-0.5700.006
call12315.9518.2017.052.4993.005.000.959-0.5610.006
call12414.9517.2015.752.3911.005.000.958-0.5540.006
call12513.9516.2511.852.3158.000.000.955-0.5460.006
call12612.9515.1013.812.1021.001.000.953-0.5370.007
call12711.9514.207.252.0592.000.000.947-0.5650.007
call12810.9513.208.091.9482.000.000.940-0.5970.008
call1299.9512.208.541.83617.000.000.932-0.6270.009
call1308.9511.206.951.7226.000.000.923-0.6550.010
call1317.9510.204.501.60933.000.000.912-0.6810.011
call1326.909.258.511.5216.003.000.899-0.7130.012
call1335.958.254.721.5025.000.000.878-0.7750.014
call1345.107.253.171.28333.000.000.867-0.7420.014
call1354.306.305.301.1981527.000.829-0.8470.017
call1364.004.504.200.6751505.000.851-0.5620.015
call1372.814.153.610.87248840.000.777-0.7490.020
call1382.032.852.870.60818521.000.734-0.6750.022
call1391.422.051.870.54832694.000.630-0.7620.025
call1400.921.341.220.4901,02753.000.513-0.7620.027
call1410.530.700.580.41397.002100.409-0.8980.026
call1420.280.470.350.44514691.000.337-0.9650.024
call1430.110.410.280.52761.003.000.269-0.9130.022
call1440.050.120.060.43099.000.000.160-0.5640.016
call1450.000.080.070.46427916.000.103-0.4110.012
call1460.002.140.010.53520.0020.000.121-0.5930.013
call1470.000.180.100.60369.003.000.102-0.5640.012
call1480.000.310.340.63214.000.000.123-0.6740.015
call1490.002.134.470.7367.000.000.073-0.4920.009
call1500.000.050.050.6672495.000.078-0.5090.010
call152.50.000.210.010.88371.0011.000.030-0.2580.005
call1550.000.200.020.9971380.000.051-0.2800.010
call157.50.002.130.991.15823.000.000.018-0.2070.003
call1600.000.360.100.9921010.000.005-0.0520.001
call162.50.002.130.001.4150.000.000.015-0.2180.003
call1650.002.130.101.53827.000.000.014-0.2220.002
call167.50.002.130.011.65851.000.000.013-0.2260.002
call1700.002.130.011.7751280.000.012-0.2300.002
call172.50.002.130.001.8890.000.000.012-0.2340.002
call1750.000.010.011.5311220.000.003-0.0480.001
call177.50.002.130.001.7690.000.000.003-0.0630.001
call1800.002.130.001.8620.000.000.003-0.0630.001
call182.50.002.130.011.9532.000.000.003-0.0640.001
call1850.000.250.011.8601.000.000.003-0.0520.001
put70.000.000.010.006.1080.000.00-0.013-0.7100.002
put75.000.000.010.005.5550.000.00-0.014-0.7010.003
put80.000.002.130.004.0080.000.00-0.001-0.0670.000
put85.000.002.130.005.0360.000.00-0.014-0.7220.002
put90.000.002.130.004.5220.000.00-0.016-0.7090.003
put95.000.002.130.004.0320.000.00-0.017-0.6940.003
put1000.002.130.003.5630.000.00-0.019-0.6770.003
put1050.002.130.003.1130.000.00-0.022-0.6580.004
put1100.002.130.002.6770.000.00-0.025-0.6360.004
put1120.002.130.002.5070.000.00-0.027-0.6270.004
put1130.002.130.002.4220.000.00-0.028-0.6220.004
put1140.002.130.002.3380.000.00-0.029-0.6160.004
put1150.002.130.052.2540.000.00-0.030-0.6110.005
put1160.002.130.002.1710.000.00-0.031-0.6050.005
put1170.002.131.902.08810.000.00-0.032-0.5990.005
put1180.002.130.122.0051.000.00-0.033-0.5930.005
put1190.002.130.061.92212.000.00-0.034-0.5870.005
put1200.002.130.051.84018.000.00-0.036-0.5800.005
put1210.002.132.111.7581.000.00-0.037-0.5730.005
put1220.002.130.031.67627.000.00-0.039-0.5660.006
put1230.002.130.011.59417.000.00-0.041-0.5580.006
put1240.002.130.061.51391.000.00-0.043-0.5500.006
put1250.002.130.011.43163.003.00-0.045-0.5410.006
put1260.002.130.031.35153.000.00-0.047-0.5320.007
put1270.002.130.141.27030.000.00-0.053-0.5600.007
put1280.002.130.041.18633.000.00-0.060-0.5970.008
put1290.002.130.051.1061040.00-0.068-0.6220.009
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put1350.010.250.210.65613442.00-0.168-0.8290.017
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put1390.390.760.500.45910326.00-0.370-0.7560.025
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put1410.852.531.430.75825.007.00-0.591-0.8920.026
put1421.413.603.500.9361191.00-0.663-0.9590.024
put1432.254.258.500.9441.000.00-0.727-0.9150.022
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put16523.8526.100.002.8800.000.00-0.986-0.2120.002
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put17028.8031.100.003.2150.000.00-0.987-0.2210.002
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put17533.8036.1038.263.5680.000.00-0.997-0.0520.001
put177.536.4038.5540.743.6910.000.00-0.997-0.0520.001
put18038.8041.100.003.8620.000.00-0.997-0.0530.001
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Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-058-KCurrent report2026-11-05SEC
2026-10-22144Filing for proposed sale of securities under Rule 144.SEC
2026-09-164Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-11SDSpecialized Disclosure ReportSEC
2026-09-083Initial statement of beneficial ownership of securities2026-09-01SEC
2026-09-083Initial statement of beneficial ownership of securities2026-09-01SEC
2026-09-024Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-024Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-024Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-023Initial statement of beneficial ownership of securities2026-09-01SEC
2026-08-244Statement of changes in beneficial ownership of securities2026-08-21SEC
2026-08-21144Filing for proposed sale of securities under Rule 144.SEC
2026-08-214Statement of changes in beneficial ownership of securities2026-08-20SEC
2026-08-20144Filing for proposed sale of securities under Rule 144.SEC
2026-08-118-KCurrent report2026-08-06SEC
2026-08-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-068-KCurrent report2026-08-06SEC
2026-06-30S-8 POSPost-effective amendment to a S-8 registration statementSEC
2026-06-30S-8 POSPost-effective amendment to a S-8 registration statementSEC
2026-06-30S-8 POSPost-effective amendment to a S-8 registration statementSEC
2026-06-30S-8 POSPost-effective amendment to a S-8 registration statementSEC
2026-06-30S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-06-2411-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-238-KCurrent report2026-06-23SEC
2026-06-164Statement of changes in beneficial ownership of securities2026-06-15SEC
2026-06-104Statement of changes in beneficial ownership of securities2026-06-10SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-05-21144Filing for proposed sale of securities under Rule 144.SEC
2026-05-148-KCurrent report2026-05-12SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-08003.30M2
2026-070000
2026-0600234.91K1
2026-050000
2026-040000
2026-030096.00M11
2026-020000
2026-010000
2025-120046.32M1
2025-11500.00K100

Institutional holders

Manager% owned
BlackRock, Inc.7.71%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
STATE STREET CORP5.58%
JPMORGAN CHASE & CO3.99%
PRICE T ROWE ASSOCIATES INC /MD/3.68%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC3.40%
GEODE CAPITAL MANAGEMENT, LLC2.65%
Capital International Investors2.51%
VANGUARD PORTFOLIO MANAGEMENT LLC2.34%
FMR LLC1.87%

Funds

Fund% owned
VANGUARD TOTAL STOCK MARKET INDEX FUND3.18%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND2.89%
Schwab U.S. Dividend Equity ETF2.77%
VANGUARD 500 INDEX FUND2.59%
State Street(R) Energy Select Sector SPDR(R) ETF1.85%
iShares Core S&P 500 ETF1.38%
Fidelity 500 Index Fund1.32%
SPDR S&P 500 ETF TRUST1.21%
Washington Mutual Investors Fund1.11%
iShares iBoxx $ Investment Grade Corporate Bond ETF1.07%

OakChart. COP. Cached 15 minutes. Terms