Conocophillips (COP) EBIT Margin (2009 - 2026)
Conocophillips (COP) recorded quarterly EBIT Margin of 45.7% in Q1 2026, up 40.56% quarter-over-quarter from 32.51% in Q4 2025, and down 167.0% on a YoY basis from 68.2% in Q1 2025.
Conocophillips (COP) EBIT Margin (2009 - 2026) Analysis & Trends
Conocophillips' EBIT Margin history runs 18 years deep, the most recent figure standing at 45.7% for Q1 2026.
- In Q1 2026, EBIT Margin fell 167.0% year-over-year to 45.7%; the TTM figure through Mar 2026 stood at 43.06% (down 692.0% YoY), while the FY2025 annual figure was 44.6%, down 490.0% from the prior year.
- EBIT Margin was 45.7% for Q1 2026 at Conocophillips, up from 32.51% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 56.81% in Q1 2022 to a low of 1248.08% in Q4 2023.
- Historically, EBIT Margin has averaged 28.8% across 5 years, with a median of 47.41% in 2022.
- The sharpest annual moves came in 2023 and 2024: EBIT Margin tumbled 129085 bps in 2023, then jumped 130317 bps in 2024.
- A 5-year view of EBIT Margin shows it stood at 42.77% in 2022, then plunged by 3018 bps to 1248.08% in 2023, then soared by 104 bps to 55.1% in 2024, then sank by 41 bps to 32.51% in 2025, then soared by 41 bps to 45.7% in 2026.
- The last three EBIT Margin figures came in at 45.7% (Q1 2026), 32.51% (Q4 2025), and 43.52% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 72.10% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 45.70% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 37.54% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 71.82% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 2.74% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 24.92% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 60.26% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 71.27% |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | -0.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 45.70% |
| Dec 31, 2025 | 32.51% |
| Sep 30, 2025 | 43.52% |
| Jun 30, 2025 | 48.05% |
| Mar 31, 2025 | 47.36% |
| Dec 31, 2024 | 55.10% |
| Sep 30, 2024 | 48.49% |
| Jun 30, 2024 | 48.44% |
| Mar 31, 2024 | 46.93% |
| Dec 31, 2023 | -1,248.08% |
| Sep 30, 2023 | 49.29% |
| Jun 30, 2023 | 49.53% |
| Mar 31, 2023 | 46.55% |
| Dec 31, 2022 | 42.77% |
| Sep 30, 2022 | 47.41% |
| Jun 30, 2022 | 50.09% |
| Mar 31, 2022 | 56.81% |
| Dec 31, 2021 | 46.82% |
| Sep 30, 2021 | 52.07% |
| Jun 30, 2021 | 57.13% |