Conocophillips (COP) Net Margin (2009 - 2026)

Conocophillips' (COP) quarterly Net Margin came in at 13.85% in Q1 2026, down 340.0% year-on-year from 5.77% in Q1 2025, and up 11.24% on a QoQ basis from 12.45% in Q4 2025.

Conocophillips (COP) Net Margin (2009 - 2026) Analysis & Trends

Conocophillips (COP) has 17 years of Net Margin data on file, last reported at 13.85% in Q1 2026.

  • On a quarterly basis, Net Margin fell 340.0% year-over-year to 13.85% in Q1 2026; TTM through Mar 2026 was 12.71%, a 614.0% decrease from a year earlier, with the FY2025 full-year figure at 13.55%, down 334.0% from the prior year.
  • Net Margin for Q1 2026 stood at 13.85%, up from 12.45% in the prior quarter.
  • Over the last five years, Net Margin for COP reached as high as 525.7% in Q4 2023 and fell as low as 11.12% in Q3 2025.
  • Historically, Net Margin has averaged 48.5% across 5 years, with a median of 18.42% in 2024.
  • Across the five-year window, Net Margin soared 50487 bps in 2023 and sank 49885 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 20.83% in 2022, then surged by 2424 bps to 525.7% in 2023, then slumped by 95 bps to 26.85% in 2024, then slumped by 54 bps to 12.45% in 2025, then rose by 11 bps to 13.85% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 13.85% in Q1 2026, 12.45% in Q4 2025, and 11.12% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 13.85%
2 Eog Resources 74.61 Bn 70.76 Bn - 28.61%
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 3.40%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 26.39%
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 60.71%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 15.55%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 60.34%
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 4.79%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 26.36%
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 15.13%

Historic Data

Download Data
DateValue
Mar 31, 2026 13.85%
Dec 31, 2025 12.45%
Sep 30, 2025 11.12%
Jun 30, 2025 13.37%
Mar 31, 2025 17.25%
Dec 31, 2024 26.85%
Sep 30, 2024 15.79%
Jun 30, 2024 16.48%
Mar 31, 2024 18.42%
Dec 31, 2023 525.70%
Sep 30, 2023 18.82%
Jun 30, 2023 18.07%
Mar 31, 2023 19.72%
Dec 31, 2022 20.83%
Sep 30, 2022 21.54%
Jun 30, 2022 24.31%
Mar 31, 2022 29.85%
Dec 31, 2021 17.37%
Sep 30, 2021 20.48%
Jun 30, 2021 21.88%