Conocophillips (COP) FCF Margin (2009 - 2026)
Conocophillips' (COP) quarterly FCF Margin came in at 8.55% in Q1 2026, down 802.0% year-on-year from 1.22% in Q1 2025, and down 23.57% on a QoQ basis from 11.18% in Q4 2025.
Conocophillips (COP) FCF Margin (2009 - 2026) Analysis & Trends
Conocophillips (COP) has 18 years of FCF Margin data on file, last reported at 8.55% in Q1 2026.
- On a quarterly basis, FCF Margin fell 802.0% year-over-year to 8.55% in Q1 2026; TTM through Mar 2026 was 10.16%, a 527.0% decrease from a year earlier, with the FY2025 full-year figure at 12.29%, down 234.0% from the prior year.
- FCF Margin for Q1 2026 stood at 8.55%, down from 11.18% in the prior quarter.
- Over the last five years, FCF Margin for COP reached as high as 416.08% in Q4 2023 and fell as low as 44.37% in Q4 2022.
- Historically, FCF Margin has averaged 38.13% across 5 years, with a median of 14.94% in 2024.
- Across the five-year window, FCF Margin jumped 46045 bps in 2023 and sank 40699 bps in 2024, its largest moves.
- Year by year, FCF Margin stood at 44.37% in 2022, then surged by 1038 bps to 416.08% in 2023, then sank by 98 bps to 9.1% in 2024, then gained by 23 bps to 11.18% in 2025, then slipped by 24 bps to 8.55% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 8.55% in Q1 2026, 11.18% in Q4 2025, and 19.4% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 8.55% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 40.64% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 21.11% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | -5.22% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 21.98% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 68.41% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 18.10% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 38.55% |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 35.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.55% |
| Dec 31, 2025 | 11.18% |
| Sep 30, 2025 | 19.40% |
| Jun 30, 2025 | 1.35% |
| Mar 31, 2025 | 16.57% |
| Dec 31, 2024 | 9.10% |
| Sep 30, 2024 | 21.83% |
| Jun 30, 2024 | 13.79% |
| Mar 31, 2024 | 14.94% |
| Dec 31, 2023 | 416.08% |
| Sep 30, 2023 | 19.51% |
| Jun 30, 2023 | -17.44% |
| Mar 31, 2023 | 37.75% |
| Dec 31, 2022 | -44.37% |
| Sep 30, 2022 | 81.96% |
| Jun 30, 2022 | 28.10% |
| Mar 31, 2022 | 9.89% |
| Dec 31, 2021 | 28.51% |
| Sep 30, 2021 | 30.09% |
| Jun 30, 2021 | 18.87% |