ConocoPhillips
COP Energy Oil & Gas E&P
In the quarter to June 2026, revenue grew 32.4%, EPS grew 107.1%, free cash flow grew 407.3% and total debt fell 1.02%, each against the same quarter a year earlier. Member of the S&P 500; insiders bought in the last twelve months.
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ConocoPhillips (COP) Gross margin
ConocoPhillips's gross margin over the twelve months to 30 June 2026 was 62.6%, down 0.5 percentage points from fiscal 2025 (63.1%). Over the past ten years it has ranged from 46.3% (fiscal 2015) to 65.7% (fiscal 2019); the current reading is higher than 82% of that period. That is below the Oil & Gas E&P industry median of 80.4% and above the Energy sector median of 49.5%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 63.1% | (1.17) |
| FY2024 | 64.2% | 2.44 |
| FY2023 | 61.8% | 3.84 |
| FY2022 | 58.0% | (3.77) |
| FY2021 | 61.7% | 11.25 |
| FY2020 | 50.5% | (15.20) |
| FY2019 | 65.7% | 3.54 |
| FY2018 | 62.1% | 3.29 |
| FY2017 | 58.9% | 7.73 |
| FY2016 | 51.1% | 4.84 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 65.2% | 5.05 |
| Mar 2026 | 60.2% | (2.22) |
| Dec 2025 | 62.4% | 0.59 |
| Sep 2025 | 61.8% | (3.14) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| TPL Texas Pacific Land Corporation compare | 100.0% |
| EOG EOG Resources, Inc. compare | 100.0% |
| FANG Diamondback Energy, Inc. compare | 84.8% |
| EXE Expand Energy Corporation compare | 80.7% |
| DVN Devon Energy Corporation compare | 79.5% |
| EQT EQT Corporation compare | 79.3% |
| OXY Occidental Petroleum Corporation compare | 73.3% |
| COP ConocoPhillips | 62.6% |
| WDS Woodside Energy Group Ltd compare | 52.0% |
| Oil & Gas E&P industry median | 80.4% |
| Energy sector median | 49.5% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on COP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement