ConocoPhillips (COP) stock
COPNYSEPetroleum RefiningFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 13/307% below fair value
$137.86+2.27 (+1.67%)
Close on Nov 11, 2026Market cap $165.62BP/E 14.5Yield 2.31%
ConocoPhillips gross margin
Gross margin is gross profit as a percentage of revenue.
ConocoPhillips's gross margin for the twelve months ending Sep 30, 2026 was 62.2%. For fiscal 2025 it was 62.1%, against 63.4% the year before. The highest annual figure on record is 67.7% in fiscal 2019.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 62.1% | −1.3 |
| FY2024 | Dec 31, 2024 | 63.4% | +2.6 |
| FY2023 | Dec 31, 2023 | 60.9% | +4.1 |
| FY2022 | Dec 31, 2022 | 56.7% | −3.7 |
| FY2021 | Dec 31, 2021 | 60.4% | +3.4 |
| FY2020 | Dec 31, 2020 | 57.0% | −10.7 |
| FY2019 | Dec 31, 2019 | 67.7% | +4.6 |
| FY2018 | Dec 31, 2018 | 63.1% | +1.4 |
| FY2017 | Dec 31, 2017 | 61.7% | +2.7 |
| FY2016 | Dec 31, 2016 | 59.0% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 61.8% | +0.8 |
| Q2 FY2026 | Jun 30, 2026 | 65.0% | +1.3 |
| Q1 FY2026 | Mar 31, 2026 | 60.1% | −2.4 |
| Q4 FY2025 | Dec 31, 2025 | 61.2% | −3.2 |
| Q3 FY2025 | Sep 30, 2025 | 61.0% | −2.6 |
| Q2 FY2025 | Jun 30, 2025 | 63.7% | −0.6 |
| Q1 FY2025 | Mar 31, 2025 | 62.5% | +1.1 |
| Q4 FY2024 | Dec 31, 2024 | 64.4% | +2.9 |
| Q3 FY2024 | Sep 30, 2024 | 63.6% | +2.5 |
| Q2 FY2024 | Jun 30, 2024 | 64.3% | +1.7 |
| Q1 FY2024 | Mar 31, 2024 | 61.5% | +2.9 |
| Q4 FY2023 | Dec 31, 2023 | 61.5% | +8.5 |
| Q3 FY2023 | Sep 30, 2023 | 61.1% | +5.1 |
| Q2 FY2023 | Jun 30, 2023 | 62.6% | +6.3 |
| Q1 FY2023 | Mar 31, 2023 | 58.6% | −3.4 |
| Q4 FY2022 | Dec 31, 2022 | 52.9% | −4.1 |
| Q3 FY2022 | Sep 30, 2022 | 56.0% | −7.1 |
| Q2 FY2022 | Jun 30, 2022 | 56.4% | −12.3 |
| Q1 FY2022 | Mar 31, 2022 | 62.0% | +7.6 |
| Q4 FY2021 | Dec 31, 2021 | 57.0% | +0.9 |
| Q3 FY2021 | Sep 30, 2021 | 63.1% | +5.1 |
| Q2 FY2021 | Jun 30, 2021 | 68.6% | −3.2 |
| Q1 FY2021 | Mar 31, 2021 | 54.4% | +9.7 |
| Q4 FY2020 | Dec 31, 2020 | 56.1% | −9.7 |
| Q3 FY2020 | Sep 30, 2020 | 58.0% | −15.1 |
| Q2 FY2020 | Jun 30, 2020 | 71.9% | +3.8 |
| Q1 FY2020 | Mar 31, 2020 | 44.7% | −18.8 |
| Q4 FY2019 | Dec 31, 2019 | 65.8% | +4.3 |
| Q3 FY2019 | Sep 30, 2019 | 73.1% | +7.9 |
| Q2 FY2019 | Jun 30, 2019 | 68.1% | +1.3 |
| Q1 FY2019 | Mar 31, 2019 | 63.5% | +4.9 |
| Q4 FY2018 | Dec 31, 2018 | 61.5% | +0.8 |
| Q3 FY2018 | Sep 30, 2018 | 65.3% | +5.9 |
| Q2 FY2018 | Jun 30, 2018 | 66.8% | – |
| Q1 FY2018 | Mar 31, 2018 | 58.6% | – |
| Q4 FY2017 | Dec 31, 2017 | 60.7% | – |
| Q3 FY2017 | Sep 30, 2017 | 59.3% | – |
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