SuperworthConocoPhillips profit margin COP
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 14.7%
- Operating margin, 12 months
- 21.2%
- Net margin on a year earlier
- −1.2 pts
- Peer median
- 21.3%
Over the twelve months to Jun 30, 2026, ConocoPhillips kept 14.7% of its revenue as net profit, with an operating margin of 21.2% and a gross margin of 62.0%.
Five years earlier its net margin was 6.3%.
The median for 10 oil and gas producers of a similar size is 21.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 13.6% | 18.6% | 62.1% |
| FY2024 | 16.9% | 22.6% | 63.4% |
| FY2023 | 19.5% | 26.2% | 60.9% |
| FY2022 | 23.8% | 32.1% | 56.7% |
| FY2021 | 17.6% | 24.3% | 60.4% |
| FY2020 | −14.4% | −15.3% | 57.0% |
| FY2019 | 22.1% | 19.4% | 63.6% |
| FY2018 | 17.2% | 24.0% | 60.7% |
| FY2017 | −2.9% | −15.5% | n/a |
| FY2016 | −15.3% | −21.0% | n/a |
| FY2015 | −15.0% | −26.3% | n/a |
| FY2014 | 13.1% | 13.3% | n/a |
| FY2013 | 16.8% | 20.5% | n/a |
| FY2012 | 14.5% | 20.9% | n/a |
| FY2011 | 8.3% | 10.4% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 14.7% | −1.2 pts | 21.2% | |
| Q1 FY26 | 12.6% | −4.0 pts | 17.3% | |
| Q4 FY25 | 13.6% | −3.3 pts | 18.6% | |
| Q3 FY25 | 14.8% | −3.2 pts | 20.3% | |
| Q2 FY25 | 15.9% | −3.0 pts | 21.3% | |
| Q1 FY25 | 16.6% | −2.6 pts | 22.9% | |
| Q4 FY24 | 16.9% | −2.6 pts | 22.6% | |
| Q3 FY24 | 18.0% | −0.7 pts | 24.5% | |
| Q2 FY24 | 18.9% | −0.4 pts | 25.6% | |
| Q1 FY24 | 19.2% | −1.8 pts | 25.5% | |
| Q4 FY23 | 19.5% | −4.3 pts | 26.2% | |
| Q3 FY23 | 18.7% | −5.4 pts | 25.8% |
Against its peers
Companies in Oil & Gas Exploration & Production nearest ConocoPhillips' size, closest first, today.
| Company | Profit margin |
|---|---|
| COPConocoPhillips | 14.7% |
| EOGEOG Resources | 25.4% |
| OXYOccidental Petroleum | 30.3% |
| FANGDiamondback Energy | 8.6% |
| DVNDevon Energy | 16.7% |
| EQTEQT | 28.4% |
| TPLTexas Pacific Land | 60.3% |
| EXEExpand Energy | 20.5% |
| PRPermian Resources | 21.5% |
| OVVOvintiv | 9.4% |
| APAAPA | 21.1% |
| Peer median | 21.3% |
Where ConocoPhillips ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on ConocoPhillips
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.