Conocophillips (COP) EBIT Margin (2009 - 2026)
Conocophillips' (COP) quarterly EBIT Margin came in at 45.7% in Q1 2026, down 167.0% year-on-year from 68.2% in Q1 2025, and up 40.56% on a QoQ basis from 32.51% in Q4 2025.
Conocophillips (COP) EBIT Margin (2009 - 2026) Analysis & Trends
Conocophillips (COP) has 18 years of EBIT Margin data on file, last reported at 45.7% in Q1 2026.
- On a quarterly basis, EBIT Margin fell 167.0% year-over-year to 45.7% in Q1 2026; TTM through Mar 2026 was 43.54%, a 291.0% decrease from a year earlier, with the FY2025 full-year figure at 44.6%, down 286.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 45.7%, up from 32.51% in the prior quarter.
- Over the last five years, EBIT Margin for COP reached as high as 56.81% in Q1 2022 and fell as low as 1248.08% in Q4 2023.
- Historically, EBIT Margin has averaged 30.42% across 5 years, with a median of 46.93% in 2024.
- Across the five-year window, EBIT Margin tumbled 128000 bps in 2023 and surged 128914 bps in 2024, its largest moves.
- Year by year, EBIT Margin stood at 31.92% in 2022, then slumped by 4010 bps to 1248.08% in 2023, then soared by 103 bps to 41.06% in 2024, then dropped by 21 bps to 32.51% in 2025, then jumped by 41 bps to 45.7% in 2026.
- Per Business Quant data, the three most recent EBIT Margin figures were 45.7% in Q1 2026, 32.51% in Q4 2025, and 45.31% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 45.70% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 37.54% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 2.74% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 89.26% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 0.36% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 21.77% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 76.99% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.68% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 34.82% |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 32.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 45.70% |
| Dec 31, 2025 | 32.51% |
| Sep 30, 2025 | 45.31% |
| Jun 30, 2025 | 48.05% |
| Mar 31, 2025 | 47.36% |
| Dec 31, 2024 | 41.06% |
| Sep 30, 2024 | 46.26% |
| Jun 30, 2024 | 50.33% |
| Mar 31, 2024 | 46.93% |
| Dec 31, 2023 | -1,248.08% |
| Sep 30, 2023 | 49.29% |
| Jun 30, 2023 | 47.36% |
| Mar 31, 2023 | 46.55% |
| Dec 31, 2022 | 31.92% |
| Sep 30, 2022 | 47.41% |
| Jun 30, 2022 | 48.14% |
| Mar 31, 2022 | 56.81% |
| Dec 31, 2021 | 46.82% |
| Sep 30, 2021 | 52.07% |
| Jun 30, 2021 | 54.20% |