Conocophillips COP
NYSE COP
$135.65 -0.88 (-0.64%)
As of: Sep 10, 2026 · 10:17 AM EDT

Conocophillips (COP) Net Margin (2009 - 2026)

Conocophillips' (COP) quarterly Net Margin came in at 20.14% in Q2 2026, up 676.0% year-over-year from 2.59% in Q2 2025, and up 48.08% quarter-over-quarter from 13.6% in Q1 2026.

Analysis

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

Conocophillips (COP) has reported Net Margin for 18 consecutive years, with 20.14% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Margin rose 676.0% year-over-year to 20.14% in Q2 2026; TTM through Jun 2026 was 14.22%, a 280.0% decrease from a year earlier, with the FY2025 full-year figure at 12.98%, down 325.0% from the prior year.
  • Net Margin was 20.14% for Q2 2026 at Conocophillips, up from 13.6% in the prior quarter.
  • Over five years, Net Margin peaked at 525.7% in Q4 2023 and troughed at 10.17% in Q4 2025.
  • A 5-year average of 46.05% and a median of 17.47% in 2023 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin soared 50883 bps in 2023 and plunged 50287 bps in 2024, its largest moves.
  • Over 5 years, Net Margin stood at 16.87% in 2022, then jumped by 3017 bps to 525.7% in 2023, then sank by 96 bps to 22.83% in 2024, then sank by 55 bps to 10.17% in 2025, then jumped by 98 bps to 20.14% in 2026.
  • The last three Net Margin figures came in at 20.14% (Q2 2026), 13.6% (Q1 2026), and 10.17% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Conocophillips 164.50 Bn 156.80 Bn 12.81 Bn 20.14%
2 Canadian Natural Resources 106.65 Bn 104.76 Bn 8.84 Bn 32.66%
3 Eog Resources 76.64 Bn 71.73 Bn - 31.60%
4 Diamondback Energy 56.86 Bn 56.40 Bn 5.55 Bn 36.95%
5 Devon Energy 45.77 Bn 44.76 Bn 6.02 Bn 22.14%
6 Expand Energy 22.66 Bn 21.39 Bn 2.33 Bn 17.64%
7 Permian Resources 19.70 Bn 19.44 Bn - 42.65%
8 Ovintiv 17.81 Bn 16.93 Bn 2.83 Bn 15.13%
9 Apa 15.70 Bn 15.26 Bn 2.28 Bn 31.14%
10 Antero Resources 11.93 Bn 11.36 Bn 1.56 Bn 17.86%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 20.14%
Mar 31, 2026 13.60%
Dec 31, 2025 10.17%
Sep 30, 2025 11.12%
Jun 30, 2025 13.37%
Mar 31, 2025 16.66%
Dec 31, 2024 22.83%
Sep 30, 2024 15.14%
Jun 30, 2024 16.48%
Mar 31, 2024 17.62%
Dec 31, 2023 525.70%
Sep 30, 2023 18.82%
Jun 30, 2023 17.32%
Mar 31, 2023 18.82%
Dec 31, 2022 16.87%
Sep 30, 2022 20.94%
Jun 30, 2022 23.40%
Mar 31, 2022 29.85%
Dec 31, 2021 16.46%
Sep 30, 2021 20.48%