Conocophillips COP
NYSE COP
$137.07 +0.54 (+0.40%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%