KPIs & Operating Metrics(New)
Growth Metrics

Conocophillips (COP) Gross Margin (2017 - 2026)

Conocophillips has reported Gross Margin over the past 10 years, most recently at 60.14% for Q1 2026.

  • Quarterly Gross Margin fell 240.0% to 60.14% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 60.74% through Mar 2026, down 459.0% year-over-year, with the annual reading at 62.13% for FY2025, 274.0% down from the prior year.
  • Gross Margin was 60.14% for Q1 2026 at Conocophillips, up from 55.14% in the prior quarter.
  • Over five years, Gross Margin peaked at 69.15% in Q4 2024 and troughed at 892.66% in Q4 2023.
  • The 5-year median for Gross Margin is 61.48% (2024), against an average of 5.24%.
  • Year-over-year, Gross Margin crashed -94559bps in 2023 and then skyrocketed 96181bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 52.93% in 2022, then tumbled by -1786bps to 892.66% in 2023, then surged by 108bps to 69.15% in 2024, then dropped by -20bps to 55.14% in 2025, then grew by 9bps to 60.14% in 2026.
  • Per Business Quant, the three most recent readings for COP's Gross Margin are 60.14% (Q1 2026), 55.14% (Q4 2025), and 61.03% (Q3 2025).