Conocophillips (COP) EBT Margin (2009 - 2026)
Conocophillips (COP) posted quarterly EBT Margin of 21.34% for Q1 2026, down 570.0% year-over-year from 4.54% in Q1 2025, and up 10.07% quarter-over-quarter from 19.39% in Q4 2025.
Conocophillips (COP) EBT Margin (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported EBT Margin for 18 consecutive years, with 21.34% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin fell 570.0% year-over-year to 21.34%; the TTM figure through Mar 2026 stood at 20.06% (down 543.0% YoY), while the FY2025 annual figure was 21.47%, down 350.0% from the prior year.
- EBT Margin climbed to 21.34% in Q1 2026 per COP's latest filing, from 19.39% in the prior quarter.
- Across five years, EBT Margin topped out at 745.45% in Q4 2023 and bottomed at 18.86% in Q3 2025.
- Historically, EBT Margin has averaged 69.77% across 5 years, with a median of 27.22% in 2023.
- Annual changes were most pronounced in 2023 — EBT Margin soared 71190 bps — and 2024, when it tumbled 72175 bps.
- Conocophillips' EBT Margin stood at 33.56% in 2022, then jumped by 2121 bps to 745.45% in 2023, then plunged by 97 bps to 23.71% in 2024, then fell by 18 bps to 19.39% in 2025, then rose by 10 bps to 21.34% in 2026.
- Business Quant data shows COP's EBT Margin at 21.34% in Q1 2026, 19.39% in Q4 2025, and 18.86% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 31.15% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 34.20% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 40.59% |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 47.38% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 28.52% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 32.93% |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 48.54% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 20.24% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 78.72% |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 22.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.15% |
| Mar 31, 2026 | 21.34% |
| Dec 31, 2025 | 19.39% |
| Sep 30, 2025 | 18.86% |
| Jun 30, 2025 | 20.47% |
| Mar 31, 2025 | 27.04% |
| Dec 31, 2024 | 23.71% |
| Sep 30, 2024 | 24.81% |
| Jun 30, 2024 | 25.88% |
| Mar 31, 2024 | 27.50% |
| Dec 31, 2023 | 745.45% |
| Sep 30, 2023 | 27.58% |
| Jun 30, 2023 | 27.22% |
| Mar 31, 2023 | 30.80% |
| Dec 31, 2022 | 33.56% |
| Sep 30, 2022 | 35.41% |
| Jun 30, 2022 | 36.18% |
| Mar 31, 2022 | 40.94% |
| Dec 31, 2021 | 28.68% |
| Sep 30, 2021 | 30.84% |