TTM
29.2%
YoY change
−4.72pp
Trough year (2016)
-12.2%
Peak year (2000)
38.2%
Latest annual
24.6%
Gross Margin history chart for ConocoPhillips (COP) from 1985 to 2025
Latest: 24.6%
Gross Margin change chart for ConocoPhillips (COP) from 1985 to 2025
Latest: −4.72pp
Gross Margin history table for ConocoPhillips (COP) from 1985 to 2025
| 2025 | 24.6% | -4.72pp | ||
| 2024 | 29.3% | -2.42pp | ||
| 2023 | 31.8% | -5.93pp | ||
| 2022 | 37.7% | +5.73pp | ||
| 2021 | 32.0% | +35.42pp | ||
| 2020 | -3.4% | -29.80pp | ||
| 2019 | 26.4% | -2.73pp | ||
| 2018 | 29.1% | +16.43pp | ||
| 2017 | 12.7% | +24.83pp | ||
| 2016 | -12.2% | -1.22pp | ||
| 2015 | -11.0% | -33.89pp | ||
| 2014 | 22.9% | -6.18pp | ||
| 2013 | 29.1% | -1.68pp | ||
| 2012 | 30.8% | -0.70pp | ||
| 2011 | 31.5% | +14.20pp | ||
| 2010 | 17.3% | -0.86pp | ||
| 2009 | 18.2% | -2.61pp | ||
| 2008 | 20.8% | -2.72pp | ||
| 2007 | 23.5% | -1.68pp | ||
| 2006 | 25.2% | +2.30pp | ||
| 2005 | 22.9% | +8.83pp | ||
| 2004 | 14.0% | -14.39pp | ||
| 2003 | 28.4% | +2.76pp | ||
| 2002 | 25.7% | -9.01pp | ||
| 2001 | 34.7% | -3.52pp | ||
| 2000 | 38.2% | +13.53pp | ||
| 1999 | 24.7% | +0.46pp | ||
| 1998 | 24.2% | -1.18pp | ||
| 1997 | 25.4% | +2.74pp | ||
| 1996 | 22.6% | +0.47pp | ||
| 1995 | 22.2% | +0.69pp | ||
| 1994 | 21.5% | +1.01pp | ||
| 1993 | 20.5% | -1.17pp | ||
| 1992 | 21.6% | -0.42pp | ||
| 1991 | 22.1% | -2.15pp | ||
| 1990 | 24.2% | +0.25pp | ||
| 1989 | 24.0% | -4.92pp | ||
| 1988 | 28.9% | +6.97pp | ||
| 1987 | 21.9% | -2.49pp | ||
| 1986 | 24.4% | -3.36pp | ||
| 1985 | 27.8% | — |
- 202524.6%-4.72pp
- 202429.3%-2.42pp
- 202331.8%-5.93pp
- 202237.7%+5.73pp
- 202132.0%+35.42pp
- 2020-3.4%-29.80pp
- 201926.4%-2.73pp
- 201829.1%+16.43pp
- 201712.7%+24.83pp
- 2016-12.2%-1.22pp
- 2015-11.0%-33.89pp
- 201422.9%-6.18pp
- 201329.1%-1.68pp
- 201230.8%-0.70pp
- 201131.5%+14.20pp
- 201017.3%-0.86pp
- 200918.2%-2.61pp
- 200820.8%-2.72pp
- 200723.5%-1.68pp
- 200625.2%+2.30pp
- 200522.9%+8.83pp
- 200414.0%-14.39pp
- 200328.4%+2.76pp
- 200225.7%-9.01pp
- 200134.7%-3.52pp
- 200038.2%+13.53pp
- 199924.7%+0.46pp
- 199824.2%-1.18pp
- 199725.4%+2.74pp
- 199622.6%+0.47pp
- 199522.2%+0.69pp
- 199421.5%+1.01pp
- 199320.5%-1.17pp
- 199221.6%-0.42pp
- 199122.1%-2.15pp
- 199024.2%+0.25pp
- 198924.0%-4.92pp
- 198828.9%+6.97pp
- 198721.9%-2.49pp
- 198624.4%-3.36pp
- 198527.8%—
Gross Margin values are taken from ConocoPhillips's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at ConocoPhillips (COP)
According to ConocoPhillips's latest reported financial statements, the company's latest reported gross margin is 29.2%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for ConocoPhillips (COP) came in at 24.63% – contracted 4.7 percentage points year-over-year.
The record annual gross margin stands at 38.20%, reached in 2000; the historical low of -12.17% was recorded in 2016.
ConocoPhillips Gross Margin by Year
ConocoPhillips Gross Margin 2025: 24.6%
ConocoPhillips gross margin in 2025 was 24.63%, contracted 4.7 percentage points from 2024.
ConocoPhillips Gross Margin 2024: 29.3%
2024's gross margin for ConocoPhillips came in at 29.35%, contracted 2.4 percentage points from 2023.
ConocoPhillips Gross Margin 2023: 31.8%
ConocoPhillips posted gross margin of 31.77% in 2023, contracted 5.9 percentage points from 2022.
ConocoPhillips Gross Margin 2022: 37.7%
In 2022, ConocoPhillips reported gross margin of 37.70%, expanded 5.7 percentage points from 2021.
ConocoPhillips Gross Margin 2021: 32.0%
ConocoPhillips gross margin in 2021 was 31.98%.
See more financial history for ConocoPhillips (COP).
Sector peers by Gross Margin
Energy peers of ConocoPhillips (COP), ranked by their latest gross margin
| 62.8% | |
| 30.7% | |
| 25.5% | |
| 25.4% | |
| 17.3% | |
| 8.8% | |
| 7.2% | |
| 7.0% |
- 30.7%
- 25.5%
- 25.4%
- 17.3%
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