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ConocoPhillips COP Gross margin

Gross margin at other companies

Chevron logo
ChevronCVX
45.4%+4.8pp
Occidental Petroleum logo
Occidental PetroleumOXY
85.8%+1.8pp
SM Energy logo
SM EnergySM
71.3%-4.4pp
Murphy Oil logo
Murphy OilMUR
100.4%+0.5pp
Chord Energy logo
Chord EnergyCHRD
74.2%
MTD
Matador ResourcesMTDR
94.4%-0.9pp

Other financials

Income statement

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Revenue$15.8B-4.6%
Gross profit$9.5B-8.2%
Net income$2.2B-23.4%
EPS (diluted)$1.78-20.2%

Balance sheet

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Cash & equivalents$6.2B-5.6%
Total debt$23.3B-4.5%
Total equity$64.5B-1.1%
Total assets$122.73B-1.2%

Cash flow

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Operating cash flow$4.3B-29.8%
CapEx$3.0B-75.5%
Free cash flow$1.3B

Valuation

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Market cap$146.78B+25.2%
Enterprise value$163.83B+20.6%
P/E20.1×+7.3×
P/S2.5×+0.5×

Profitability

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Net margin12.6%-4.0pp
FCF margin12.3%

Returns & leverage

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Return on equity11.3%-5.4pp
Debt / equity0.4×0.0×
Current ratio1.3×0.0×

Where this comes from

Calculated from ConocoPhillips’s reported figures.

Based on trailing twelve months.

The source filing: ConocoPhillips’s 10-Q, filed April 30, 2026. Open the filing →

Filed
Apr 30, 2026, 7:41 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001163165-26-000018

FAQ

What is ConocoPhillips's gross margin?
ConocoPhillips (COP) reported gross margin of 61.5% in Q1 2026.
How has ConocoPhillips's gross margin changed year-over-year?
ConocoPhillips's gross margin decreased by 3.4% year-over-year, from 63.7% to 61.5%.
What is the long-term trend for ConocoPhillips's gross margin?
Over 5 years (2020 to 2025), ConocoPhillips's gross margin has grown at a 1.7% compound annual growth rate (CAGR), from 57% to 62.1%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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