Conocophillips (COP) Net Margin (2009 - 2026)
Conocophillips (COP) posted Net Margin of 20.14% for Q2 2026, up 6.76 percentage points from 13.37% a year earlier and up 6.54 percentage points from the prior quarter.
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Analysis
Conocophillips (COP) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Conocophillips was 14.22%, down 1.04 percentage points year-over-year; for FY2025, it came in at 12.98%, down 3.25 percentage points from FY2024.
- Annual Net Margin has declined for three consecutive years, though with a five-year change of +27.01 percentage points (FY2020 to FY2025).
- In prior years, Conocophillips' Net Margin was 16.23% in FY2024 (-2.47 pp), 18.71% in FY2023 (-4.03 pp), 22.74% in FY2022 (+6.03 pp) and 16.71% in FY2021 (+30.74 pp).
- The Q2 2026 figure stands as the highest quarterly Net Margin since Q3 2022.
- On a year-over-year basis, Net Margin increased in 1 of the last eight quarters, with an average year-over-year change of -2.19 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q3 2021, with a gain of 30.74 percentage points; the weakest was Q1 2023, with a drop of 11.04 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 13.60% (Q1 2026), 10.17% (Q4 2025) and 11.12% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 678.46 Bn | 636.61 Bn | - | 13.62% |
| 2 | Shell | 572.35 Bn | 454.96 Bn | - | 11.43% |
| 3 | Chevron | 410.31 Bn | 377.35 Bn | 31.26 Bn | 14.64% |
| 4 | TotalEnergies SE | 190.98 Bn | 74.26 Bn | - | 8.80% |
| 5 | Eni Spa | 166.41 Bn | 117.77 Bn | - | - |
| 6 | Conocophillips | 163.94 Bn | 136.65 Bn | 12.81 Bn | 20.14% |
| 7 | Equinor Asa | 104.52 Bn | 35.38 Bn | 12.28 Bn | 5.18% |
| 8 | Canadian Natural Resources | 100.46 Bn | 98.53 Bn | - | - |
| 9 | Phillips 66 | 99.08 Bn | 82.87 Bn | 10.69 Bn | 10.90% |
| 10 | Suncor Energy | 82.03 Bn | 74.17 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 15.65% |
| Sep 30, 2024 | 15.14% |
| Jun 30, 2024 | 16.48% |
| Mar 31, 2024 | 17.62% |
| Dec 31, 2023 | 19.64% |
| 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% |
API Access
Conocophillips Net 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=net-margin&ticker=COP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();