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
DateValue
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%