Conocophillips (COP) FCF Margin (2009 - 2026)
Conocophillips (COP) posted FCF Margin of 22.59% for Q2 2026, up 21.24 percentage points from 1.35% a year earlier and up 14.20 percentage points from the prior quarter.
Conocophillips (COP) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Conocophillips was 15.42%, up 3.91 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).
- The Q2 2026 figure stands as the highest quarterly FCF Margin since Q3 2022.
- On a year-over-year basis, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of -0.45 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q3 2021, with a gain of 36.11 percentage points; the weakest was Q2 2023, with a drop of 19.81 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 8.39% (Q1 2026), 9.13% (Q4 2025) and 19.40% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 742.51 Bn | 698.99 Bn | - | 14.68% |
| 2 | Chevron | 445.06 Bn | 417.18 Bn | 33.45 Bn | 25.83% |
| 3 | Shell | 310.78 Bn | 240.53 Bn | 30.13 Bn | -62.50% |
| 4 | TotalEnergies SE | 197.34 Bn | 77.92 Bn | 61.77 Bn | 10.73% |
| 5 | Conocophillips | 177.35 Bn | 150.05 Bn | 12.81 Bn | 22.59% |
| 6 | Equinor Asa | 118.67 Bn | 33.12 Bn | - | 18.76% |
| 7 | Phillips 66 | 116.93 Bn | 104.72 Bn | 8.38 Bn | 12.55% |
| 8 | Canadian Natural Resources | 113.22 Bn | 110.23 Bn | 8.84 Bn | 62.43% |
| 9 | Suncor Energy | 95.47 Bn | 81.22 Bn | - | 36.85% |
| 10 | Eni Spa | 89.01 Bn | 33.57 Bn | - | 18.84% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 35.53% |
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();