| Academy Award Nominations and Winners: |
| ★ | Best Picture |
| Best Director: Francis Ford Coppola |
| ★ | Best Actor: Marlon Brando |
| Best Supporting Actor: James Caan |
| Best Supporting Actor: Robert Duvall |
| Best Supporting Actor: Al Pacino |
| ★ | Best Screenplay: Mario Puzo & Francis Ford Coppola |
| Best Costume Design: Anna Hill Johnstone |
| Best Film Editing: William Reynolds & Peter Zinner |
| Best Sound: Charles Grenzbach, Richard Portman, and Christopher Newman |
|
| Golden Globe Nominations and Winners: |
| ★ | Best Picture |
| ★ | Best Director: Francis Ford Coppola |
| ★ | Best Actor: Marlon Brando |
| Best Supporting Actor: James Caan |
| Best Supporting Actor: Al Pacino |
| ★ | Best Screenplay: Mario Puzo & Francis Ford Coppola |
| ★ | Best Original Score: Nino Rota |
|
| Other Awards: |
| Directors Guild of America: Best Director |
| Writers Guild of America: Best Adapted Screenplay, Drama |
| New York Film Critics Circle: Best Supporting Actor (Duvall) |
| National Society of Film Critics: Best Actor (Pacino) |
| National Board of Review: Best Supporting Actor (Pacino; tie) |
| British Academy Awards (BAFTAs): Best Original Score (Nino Rota) |