Conocophillips (COP) FCF Margin (2009 - 2026)
Conocophillips' (COP) quarterly FCF Margin came in at 22.59% in Q2 2026, up 2124.0% year-over-year from 1.02% in Q2 2025, and up 169.23% quarter-over-quarter from 8.39% in Q1 2026.
Analysis
Conocophillips (COP) FCF Margin (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported FCF Margin for 18 consecutive years, with 22.59% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 2124.0% year-over-year to 22.59% in Q2 2026; TTM through Jun 2026 was 15.42%, a 391.0% increase from a year earlier, with the FY2025 full-year figure at 11.77%, down 229.0% from the prior year.
- FCF Margin was 22.59% for Q2 2026 at Conocophillips, up from 8.39% in the prior quarter.
- Over five years, FCF Margin peaked at 416.08% in Q4 2023 and troughed at 1.35% in Q2 2025.
- A 5-year average of 37.75% and a median of 16.08% in 2025 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin soared 39501 bps in 2023 and plunged 40835 bps in 2024, its largest moves.
- Over 5 years, FCF Margin stood at 21.07% in 2022, then surged by 1875 bps to 416.08% in 2023, then tumbled by 98 bps to 7.74% in 2024, then climbed by 18 bps to 9.13% in 2025, then surged by 147 bps to 22.59% in 2026.
- The last three FCF Margin figures came in at 22.59% (Q2 2026), 8.39% (Q1 2026), and 9.13% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 22.59% |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | 62.43% |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 35.16% |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 46.62% |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 31.76% |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | 11.59% |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | 52.97% |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 35.11% |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 47.39% |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | 8.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.59% |
| Mar 31, 2026 | 8.39% |
| Dec 31, 2025 | 9.13% |
| Sep 30, 2025 | 19.40% |
| Jun 30, 2025 | 1.35% |
| Mar 31, 2025 | 16.00% |
| Dec 31, 2024 | 7.74% |
| Sep 30, 2024 | 20.93% |
| Jun 30, 2024 | 13.79% |
| Mar 31, 2024 | 14.29% |
| Dec 31, 2023 | 416.08% |
| Sep 30, 2023 | 19.51% |
| Jun 30, 2023 | 7.23% |
| Mar 31, 2023 | 16.15% |
| Dec 31, 2022 | 21.07% |
| Sep 30, 2022 | 28.88% |
| Jun 30, 2022 | 27.04% |
| Mar 31, 2022 | 9.89% |
| Dec 31, 2021 | 27.01% |
| Sep 30, 2021 | 30.09% |