Conocophillips (COP) FCF Margin (2009 - 2026)
Conocophillips (COP) recorded quarterly FCF Margin of 8.55% in Q1 2026, down 23.57% quarter-over-quarter from 11.18% in Q4 2025, and down 802.0% on a YoY basis from 1.22% in Q1 2025.
Conocophillips (COP) FCF Margin (2009 - 2026) Analysis & Trends
Conocophillips' FCF Margin history runs 18 years deep, the most recent figure standing at 8.55% for Q1 2026.
- In Q1 2026, FCF Margin fell 802.0% year-over-year to 8.55%; the TTM figure through Mar 2026 stood at 10.25% (down 416.0% YoY), while the FY2025 annual figure was 12.29%, down 177.0% from the prior year.
- FCF Margin was 8.55% for Q1 2026 at Conocophillips, down from 11.18% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 79.9% in Q3 2023 to a low of 1153.5% in Q4 2023.
- Historically, FCF Margin has averaged 49.75% across 5 years, with a median of 14.94% in 2024.
- The sharpest annual moves came in 2023 and 2024: FCF Margin slumped 117537 bps in 2023, then jumped 116043 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 21.87% in 2022, then slumped by 5374 bps to 1153.5% in 2023, then surged by 101 bps to 6.93% in 2024, then soared by 61 bps to 11.18% in 2025, then decreased by 24 bps to 8.55% in 2026.
- The last three FCF Margin figures came in at 8.55% (Q1 2026), 11.18% (Q4 2025), and 20.04% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | - |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | 19.35% |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 8.55% |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 40.64% |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 24.02% |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | 21.11% |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | 9.90% |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 72.71% |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | -26,217.00% |
| 10 | Devon Energy | 27.78 Bn | 27.78 Bn | 3.61 Bn | 18.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.55% |
| Dec 31, 2025 | 11.18% |
| Sep 30, 2025 | 20.04% |
| Jun 30, 2025 | 1.35% |
| Mar 31, 2025 | 16.57% |
| Dec 31, 2024 | 6.93% |
| Sep 30, 2024 | 20.93% |
| Jun 30, 2024 | 14.32% |
| Mar 31, 2024 | 14.94% |
| Dec 31, 2023 | -1,153.50% |
| Sep 30, 2023 | 79.90% |
| Jun 30, 2023 | -16.72% |
| Mar 31, 2023 | 37.75% |
| Dec 31, 2022 | 21.87% |
| Sep 30, 2022 | 29.71% |
| Jun 30, 2022 | 2.06% |
| Mar 31, 2022 | 38.36% |
| Dec 31, 2021 | -1.64% |
| Sep 30, 2021 | 46.74% |
| Jun 30, 2021 | 43.36% |