Conocophillips (COP) EBITDA Margin (2009 - 2026)

Conocophillips' (COP) quarterly EBITDA 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) EBITDA Margin (2009 - 2026) Analysis & Trends

Conocophillips (COP) has 18 years of EBITDA Margin data on file, last reported at 45.7% in Q1 2026.

  • On a quarterly basis, EBITDA 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.
  • EBITDA Margin for Q1 2026 stood at 45.7%, up from 32.51% in the prior quarter.
  • Over the last five years, EBITDA Margin for COP reached as high as 56.81% in Q1 2022 and fell as low as 1248.08% in Q4 2023.
  • Historically, EBITDA Margin has averaged 30.42% across 5 years, with a median of 46.93% in 2024.
  • Across the five-year window, EBITDA Margin tumbled 128000 bps in 2023 and surged 128914 bps in 2024, its largest moves.
  • Year by year, EBITDA 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 EBITDA 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) EBITDA 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
DateValue
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%