Conocophillips (COP) FCF Margin (2009 - 2026)
Conocophillips (COP) posted FCF Margin of 20.25% for Q3 2026, up 0.85 percentage points from 19.40% a year earlier but down 2.34 percentage points from the prior quarter.
Conocophillips (COP) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, FCF Margin at Conocophillips was 15.92%, up 4.50 percentage points year-over-year; for FY2025, it came in at 11.77%, down 2.29 percentage points from FY2024.
- Annual FCF Margin has declined for four consecutive years, though with a five-year change of +11.32 percentage points (FY2020 to FY2025).
- In prior years, Conocophillips' FCF Margin was 14.06% in FY2024 (-0.82 pp), 14.88% in FY2023 (-7.22 pp), 22.10% in FY2022 (-2.04 pp) and 24.14% in FY2021 (+23.69 pp).
- Quarterly FCF Margin has run from a low of 1.35% in Q2 2025 to a high of 30.75% in Q3 2022 over five years.
- On a year-over-year basis, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of -0.02 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q2 2026, with a gain of 21.24 percentage points; the weakest was Q2 2023, with a drop of 20.78 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 22.59% (Q2 2026), 8.39% (Q1 2026) and 9.13% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 16.32% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 1,144.26% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 17.70% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 29.69% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 16.74% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 20.25% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 31.39% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 56.76% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 12.82% |
| 10 | Suncor Energy | 83.45 Bn | 69.02 Bn | - | 82.66% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.25% |
| 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 | 11.54% |
| Sep 30, 2023 | 20.77% |
| Jun 30, 2023 | 9.07% |
| Mar 31, 2023 | 17.36% |
| Dec 31, 2022 | 3.66% |
| Sep 30, 2022 | 30.75% |
| Jun 30, 2022 | 29.86% |
| Mar 31, 2022 | 21.97% |
| Dec 31, 2021 | 22.04% |
Conocophillips FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=COP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "COP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();