The invention discloses a submarine umbilical cable conductor current-carrying capacity evaluation method, and relates to the field of transmission submarine cable simulation. At present, the internalstructure of the submarine umbilical cable is complex, materials of all layers are different, and the performance difference is too large. When the current-carrying capacity is analyzed through simulation, simulation data are large, calculation is complex, the current-carrying capacity is troublesome to determine, and the risk that an analysis result is uncertain exists. The method comprises thefollowing specific steps: establishing a submarine umbilical cable geometric model; setting an electro-thermal coupling finite element model and material parameters; dividing finite element grids by adopting different methods and grid densities; boundary conditions, the temperature of liquid in the pipe and initial values of voltage and current loads are set; and analyzing the temperature field distribution condition under different current magnitudes, and solving and calculating whether the conductor temperature reaches the maximum allowable temperature during continuous working or not. According to the technical scheme, the defects of difficult test, difficult data collection and the like are overcome, evaluation of the current-carrying capacity of the submarine umbilical cable conductorin a conventional environment is realized, and calculation and analysis are convenient and efficient.