Company: ConocoPhillips
Ticker: COP
Form: 10-K
Filed: 2026-02-17
Fiscal Period: {"fp": "FY", "fy": 2025}

Question: What was ConocoPhillips's operating cash flow margin in fiscal year 2025?
Question Type: derived_ratio

Concept: NetCashProvidedByUsedInOperatingActivities
RevenueFromContractWithCustomerExcludingAssessedTax
Answer (Numeric): 38.2
Answer (Display): 38.20%
Unit: percent

Evidence:
[{"chunk_id": "133", "equivalent_chunk_ids": ["133"], "section": "Consolidated Statement of Cash Flows", "supports": ["numerator", "denominator"], "text": "ConocoPhillips\nYears Ended December 31\nMillions of Dollars\nCash flows from operating activities\nNet income (loss)\n7,988\n9,245\n10,957\nAdjustments to reconcile net income (loss) to net cash provided by operating activities\nDepreciation, depletion and amortization\n11,500\n9,599\n8,270\nImpairments\nDry hole costs and leasehold impairments\nAccretion on discounted liabilities\nDeferred taxes\n1,145\nDistributions more (less) than income from equity affiliates\n(Gain) loss on dispositions\nOther\nWorking capital adjustments\nDecrease (increase) in accounts and notes receivable\n1,333\nDecrease (increase) in inventories\nDecrease (increase) in prepaid expenses and other current assets\nIncrease (decrease) in accounts payable\n1,118\nIncrease (decrease) in taxes and other accruals\n1,831\nNet cash provided by operating activities\n19,796\n20,124\n19,965\nCash flows from investing activities\nCapital expenditures and investments\n12,553\n12,118\n11,248\nWorking capital changes associated with investing activities\nAcquisition of businesses, net of cash acquired\n2,724\nProceeds from asset dispositions\n3,248\nNet sales (purchases) of investments\n1,373\nOther\nNet cash used in investing activities\n8,836\n11,150\n12,000\nCash flows from financing activities\nIssuance of debt\n5,591\n3,787\nRepayment of debt\n4,981\n1,379\nIssuance of company common stock\nRepurchase of company common stock\n5,018\n5,463\n5,400\nDividends paid\n3,995\n3,646\n5,583\nOther\nNet cash used in financing activities\n10,102\n8,835\n8,661\nEffect of exchange rate changes on cash, cash equivalents and restricted cash\nNet change in cash, cash equivalents and restricted cash\n1,011\nCash, cash equivalents and restricted cash at beginning of period\n5,905\n5,899\n6,694\nCash, cash equivalents and restricted cash at end of period\n6,916\n5,905\n5,899\nRestricted cash of $\nmillion is included in the \"Prepaid expenses and other current assets\" line of our Consolidated Balance Sheet\nas of December 31, 2025.\nRestricted cash of $\nmillion and $\nmillion is included in the “Other assets” line of our Consolidated Balance Sheet at December 31, 2025, and December 31, 2024, respectively.\nSee Notes to Consolidated Financial Statements.\nConocoPhillips 2025 10-K\nFinancial Statements"}]

Derivation: {"denominator": "revenue", "denominator_value": 51824.0, "format": "percentage", "numerator": "operating_cash_flow", "numerator_value": 19796.0, "op": "divide"}