Conocophillips (COP) EBITDA Margin (2009 - 2026)
Conocophillips' EBITDA Margin came in at 68.45% for Q2 2026, up 1.14 percentage points from 67.31% a year earlier and up 3.66 percentage points from the prior quarter.
Conocophillips (COP) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Conocophillips reported EBITDA Margin of 65.99%, down 0.60 percentage points year-over-year; for FY2025, it came in at 65.63%, down 0.72 percentage points from FY2024.
- EBITDA Margin carries a five-year change of +1.47 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 66.35% in FY2024 (+2.88 pp), 63.47% in FY2023 (+4.21 pp), 59.26% in FY2022 (-6.32 pp) and 65.58% in FY2021 (+1.41 pp).
- The Q2 2026 figure represents the highest quarterly EBITDA Margin since Q2 2021.
- Year-over-year, EBITDA Margin increased in five of the last eight quarters, with an average year-over-year change of +0.56 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2023 (a gain of 8.90 percentage points), and the weakest in Q2 2022 (a drop of 17.10 percentage points).
- Business Quant data shows COP's EBITDA Margin at 64.79% (Q1 2026), 66.04% (Q4 2025) and 64.10% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 678.46 Bn | 636.61 Bn | - | 24.94% |
| 2 | Shell | 572.35 Bn | 454.96 Bn | - | 24.35% |
| 3 | Chevron | 410.31 Bn | 377.35 Bn | 31.26 Bn | 29.80% |
| 4 | TotalEnergies SE | 190.98 Bn | 74.26 Bn | - | - |
| 5 | Eni Spa | 166.41 Bn | 117.77 Bn | - | - |
| 6 | Conocophillips | 163.94 Bn | 136.65 Bn | 12.81 Bn | 68.45% |
| 7 | Equinor Asa | 104.52 Bn | 35.38 Bn | 12.28 Bn | 34.92% |
| 8 | Canadian Natural Resources | 100.46 Bn | 98.53 Bn | - | - |
| 9 | Phillips 66 | 99.08 Bn | 82.87 Bn | 10.69 Bn | 15.42% |
| 10 | Suncor Energy | 82.03 Bn | 74.17 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.45% |
| Mar 31, 2026 | 64.79% |
| Dec 31, 2025 | 66.04% |
| Sep 30, 2025 | 64.10% |
| Jun 30, 2025 | 67.31% |
| Mar 31, 2025 | 65.22% |
| Dec 31, 2024 | 67.97% |
| Sep 30, 2024 | 66.05% |
| Jun 30, 2024 | 66.84% |
| Mar 31, 2024 | 64.51% |
| Dec 31, 2023 | 64.15% |
| Sep 30, 2023 | 63.39% |
| Jun 30, 2023 | 65.14% |
| Mar 31, 2023 | 61.49% |
| Dec 31, 2022 | 55.24% |
| Sep 30, 2022 | 57.54% |
| Jun 30, 2022 | 58.32% |
| Mar 31, 2022 | 66.26% |
| Dec 31, 2021 | 60.80% |
| Sep 30, 2021 | 66.46% |
Conocophillips EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=COP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "COP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();