What is the current annual gross margin of COP?

As of today, COP annual gross margin is 24.40%

What is 1-year change in COP annual gross margin?

COP annual gross margin is down -16.87% year-over-year

What is 3-year change in COP annual gross margin?

COP annual gross margin is down -35.28% over the past 3 years

How far is COP annual gross margin from its all-time high?

COP annual gross margin is currently -35.28% below its historical high of 37.70% set on December 31, 2022

How does COP annual gross margin rank versus sector peers?

COP annual gross margin is higher than 49.17% of companies in Energy sector

When is COP next annual earnings release?

As of today, the next annual earnings release for COP has not been scheduled

What is the current quarterly gross margin of COP?

As of today, COP quarterly gross margin is 19.64%

What is COP quarterly gross margin most recent change?

COP quarterly gross margin was down -15.96% on December 31, 2025

What is 1-year change in COP quarterly gross margin?

COP quarterly gross margin is down -32.28% year-over-year

How far is COP quarterly gross margin from its all-time high?

COP quarterly gross margin is currently -61.71% below its historical high of 51.29% set on December 31, 2011

How does COP quarterly gross margin rank versus sector peers?

COP quarterly gross margin is higher than 42.17% of companies in Energy sector

When is COP next earnings release?

The next earnings release for COP is on May 7, 2026

ConocoPhillips (COP) Gross Margin History & Chart Since 1980

Annual Gross Margin

24.40%4.95%-16.87%

December 31, 2025

Summary

Current Value: As of today, COP annual gross margin is 24.40%, down -16.87% on December 31, 2025
Historical Performance: COP annual gross margin is down -35.28% over the past 3 years, up +809.30% over the past 5 years
All-Time High Comparison: COP annual gross margin is currently -35.28% below its historical high of 37.70% set on December 31, 2022
3-Year Low Comparison: COP annual gross margin is at its 3-year low
Sector Comparison: COP annual gross margin is higher than 49.17% of companies in Energy sector

Gross Margin Chart

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Performance

COP Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	24.40%	-16.9%	-35.3%	+809.3%	+41.1%
Quarterly Gross Margin	Dec 31, 25	19.64%	-32.3%	-37.2%	+247.0%	+20.7%
Price	Feb 27, 26	$113.46	+14.4%	+4.7%	+117.0%	+90.2%
PE Ratio	Feb 27, 26	17.92	+41.0%	+140.5%	–	+128.6%
Annual Revenue	Dec 31, 25	$58.71B	+7.5%	-25.3%	+212.9%	-69.2%
Annual Gross Profit	Dec 31, 25	$14.38B	-10.3%	-51.5%	+2326.2%	-56.4%
Annual Operating Margin	Dec 31, 25	19.24%	-17.8%	-41.0%	+297.3%	+158.9%
Annual Net Margin	Dec 31, 25	13.55%	-19.7%	-42.8%	+195.8%	+126.2%

Gross Margin Highs

COP Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	37.70%	N/A	-35.3%
5Y	37.70%	Dec 31, 22	-35.3%
All	37.70%	Dec 31, 22	-35.3%

Gross Margin Lows

COP Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	24.40%	Dec 31, 25	at low
5Y	-3.44%	N/A	+809.3%
All	-12.17%	Dec 31, 16	+300.5%

Gross Margin History

Year	Value	Change
2025	24.40%	-16.9%
2024	29.35%	-7.6%
2023	31.77%	-15.7%
2022	37.70%	+17.9%
2021	31.98%	+1,029.7%
2020	-3.44%	-113.1%
2019	26.36%	-9.4%
2018	29.09%	+129.8%
2017	12.66%	+204.0%
2016	-12.17%	-11.1%
2015	-10.95%	-147.8%
2014	22.93%	-21.2%
2013	29.11%	-5.5%
2012	30.79%	-2.2%
2011	31.49%	+82.1%
2010	17.29%	-4.7%
2009	18.15%	-12.6%
2008	20.76%	-11.6%
2007	23.49%	-6.7%
2006	25.17%	+10.1%
2005	22.87%	+62.9%
2004	14.04%	+6.9%
2003	13.13%	+33.6%

Year	Value	Change
2002	9.83%	-53.9%
2001	21.33%	-12.2%
2000	24.29%	+47.6%
1999	16.46%	+59.0%
1998	10.35%	-43.3%
1997	18.27%	+12.2%
1996	16.29%	+10.3%
1995	14.77%	+2.0%
1994	14.48%	+9.5%
1993	13.22%	-6.6%
1992	14.16%	+65.0%
1991	8.58%	-47.1%
1990	16.21%	+31.9%
1989	12.29%	-43.9%
1988	21.90%	+30.8%
1987	16.74%	-5.7%
1986	17.75%	-12.5%
1985	20.29%	+7.3%
1984	18.91%	-7.0%
1983	20.34%	+9.2%
1982	18.63%	-11.7%
1981	21.10%	-24.4%
1980	27.90%	-

FAQ

What is the current annual gross margin of COP?
As of today, COP annual gross margin is 24.40%
What is 1-year change in COP annual gross margin?
COP annual gross margin is down -16.87% year-over-year
What is 3-year change in COP annual gross margin?
COP annual gross margin is down -35.28% over the past 3 years
How far is COP annual gross margin from its all-time high?
COP annual gross margin is currently -35.28% below its historical high of 37.70% set on December 31, 2022
How does COP annual gross margin rank versus sector peers?
COP annual gross margin is higher than 49.17% of companies in Energy sector
When is COP next annual earnings release?
As of today, the next annual earnings release for COP has not been scheduled

Quarterly Gross Margin

19.64%3.73%-15.96%

December 31, 2025

Summary

Current Value: As of today, COP quarterly gross margin is 19.64%, down -15.96% on December 31, 2025
Historical Performance: COP quarterly gross margin is down -32.28% year-over-year, down -37.17% over the past 3 years
All-Time High Comparison: COP quarterly gross margin is currently -61.71% below its historical high of 51.29% set on December 31, 2011
3-Year Low Comparison: COP quarterly gross margin is at its 3-year low
Sector Comparison: COP quarterly gross margin is higher than 42.17% of companies in Energy sector

Performance

COP Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Dec 31, 25	19.64%	-16.0%	-32.3%	-37.2%	+247.0%
Annual Gross Margin	Dec 31, 25	24.40%	–	-16.9%	-35.3%	+809.3%
Price	Feb 27, 26	$113.46	+27.1%	+14.4%	+4.7%	+117.0%
PE Ratio	Feb 27, 26	17.92	+41.9%	+41.0%	+140.5%	–
Quarterly Revenue	Dec 31, 25	$13.31B	-11.1%	-6.5%	-26.5%	+141.9%
Quarterly Gross Profit	Dec 31, 25	$2.61B	-25.3%	-36.7%	-53.8%	+455.6%
Quarterly Operating Margin	Dec 31, 25	15.08%	-16.4%	-27.9%	-42.9%	+175.4%
Quarterly Net Margin	Dec 31, 25	10.77%	-6.3%	-33.3%	-40.0%	+176.8%

Quarterly Gross Margin Highs

COP Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	30.02%	Mar 31, 25	-34.6%
3Y	32.86%	Mar 31, 23	-40.2%
5Y	41.52%	Mar 31, 22	-52.7%
All	51.29%	Dec 31, 11	-61.7%

Quarterly Gross Margin Lows

COP Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	19.64%	Dec 31, 25	at low
3Y	19.64%	Dec 31, 25	at low
5Y	-13.36%	N/A	+247.0%
All	-39.84%	Dec 31, 15	+149.3%

Quarterly Gross Margin History

Month	Value	Change
Dec 2025	19.64%	-16.0%
Sep 2025	23.37%	-4.2%
Jun 2025	24.39%	-18.8%
Mar 2025	30.02%	+3.5%
Dec 2024	29.00%	+5.5%
Sep 2024	27.48%	-10.2%
Jun 2024	30.61%	+1.2%
Mar 2024	30.25%	-5.1%
Dec 2023	31.86%	+0.3%
Sep 2023	31.76%	+4.6%
Jun 2023	30.37%	-7.6%
Mar 2023	32.86%	+5.1%
Dec 2022	31.26%	-18.7%
Sep 2022	38.43%	-1.3%
Jun 2022	38.94%	-6.2%
Mar 2022	41.52%	+16.8%
Dec 2021	35.54%	+2.4%
Sep 2021	34.71%	+4.0%
Jun 2021	33.38%	+49.5%
Mar 2021	22.33%	+267.1%
Dec 2020	-13.36%	-1,491.7%
Sep 2020	0.96%	+104.1%
Jun 2020	-23.47%	-303.4%
Mar 2020	11.54%	-55.3%
Dec 2019	25.79%	+11.5%
Sep 2019	23.14%	-18.1%
Jun 2019	28.26%	+1.2%
Mar 2019	27.92%	+2.9%
Dec 2018	27.13%	-13.3%
Sep 2018	31.29%	+2.0%
Jun 2018	30.69%	+12.4%
Mar 2018	27.30%	+45.8%
Dec 2017	18.73%	+45.8%
Sep 2017	12.85%	+9.7%
Jun 2017	11.71%	+80.2%
Mar 2017	6.50%	+235.1%
Dec 2016	1.94%	+115.0%
Sep 2016	-12.96%	+28.9%
Jun 2016	-18.24%	+22.5%
Mar 2016	-23.54%	+40.9%
Dec 2015	-39.84%	-142.8%
Sep 2015	-16.41%	-446.9%
Jun 2015	4.73%	+906.4%
Mar 2015	0.47%	-87.1%
Dec 2014	3.64%	-84.1%
Sep 2014	22.85%	-15.5%
Jun 2014	27.04%	-2.0%
Mar 2014	27.60%	+3.5%
Dec 2013	26.67%	-3.8%
Sep 2013	27.72%	-7.5%
Jun 2013	29.97%	-6.0%
Mar 2013	31.89%	+13.7%
Dec 2012	28.04%	-7.9%
Sep 2012	30.45%	-9.0%
Jun 2012	33.47%	+107.2%
Mar 2012	16.15%	-68.5%
Dec 2011	51.29%	+223.2%
Sep 2011	15.87%	-4.1%
Jun 2011	16.55%	-4.7%
Mar 2011	17.36%	+6.7%
Dec 2010	16.27%	-5.6%
Sep 2010	17.24%	-2.2%
Jun 2010	17.63%	-3.2%
Mar 2010	18.21%	+4.1%
Dec 2009	17.49%	+1.5%
Sep 2009	17.23%	-2.7%
Jun 2009	17.70%	-9.5%
Mar 2009	19.56%	-0.9%
Dec 2008	19.73%	-6.1%
Sep 2008	21.01%	+2.6%
Jun 2008	20.48%	-5.4%
Mar 2008	21.66%	-6.2%
Dec 2007	23.09%	+3.2%

Month	Value	Change
Sep 2007	22.38%	-9.5%
Jun 2007	24.74%	+4.0%
Mar 2007	23.78%	-8.7%
Dec 2006	26.05%	-0.2%
Sep 2006	26.11%	-4.6%
Jun 2006	27.38%	+29.2%
Mar 2006	21.20%	-1.6%
Dec 2005	21.55%	-5.1%
Sep 2005	22.70%	-5.4%
Jun 2005	24.00%	+1.5%
Mar 2005	23.64%	+0.9%
Dec 2004	23.44%	+68.8%
Sep 2004	13.89%	-7.5%
Jun 2004	15.02%	+11.1%
Mar 2004	13.52%	+11.1%
Dec 2003	12.17%	-8.2%
Sep 2003	13.25%	-0.9%
Jun 2003	13.37%	-45.5%
Mar 2003	24.55%	+47.0%
Dec 2002	16.70%	+77.3%
Sep 2002	9.42%	-33.5%
Jun 2002	14.17%	+23.2%
Mar 2002	11.50%	-48.1%
Dec 2001	22.16%	-24.5%
Sep 2001	29.37%	-7.2%
Jun 2001	31.66%	>+9,900.0%
Mar 2001	0.00%	0.0%
Dec 2000	0.00%	0.0%
Sep 2000	0.00%	0.0%
Jun 2000	0.00%	0.0%
Mar 2000	0.00%	0.0%
Dec 1999	0.00%	0.0%
Sep 1999	0.00%	0.0%
Jun 1999	0.00%	0.0%
Mar 1999	0.00%	0.0%
Dec 1998	0.00%	0.0%
Sep 1998	0.00%	0.0%
Jun 1998	0.00%	0.0%
Mar 1998	0.00%	-100.0%
Dec 1997	26.25%	+0.4%
Sep 1997	26.14%	+6.7%
Jun 1997	24.50%	-0.6%
Mar 1997	24.66%	+11.2%
Dec 1996	22.18%	-4.8%
Sep 1996	23.30%	+2.9%
Jun 1996	22.64%	+0.7%
Mar 1996	22.49%	+7.7%
Dec 1995	20.89%	-5.6%
Sep 1995	22.14%	+2.0%
Jun 1995	21.70%	-10.1%
Mar 1995	24.14%	+8.9%
Dec 1994	22.16%	+8.3%
Sep 1994	20.47%	+0.8%
Jun 1994	20.31%	-12.3%
Mar 1994	23.15%	+24.7%
Dec 1993	18.56%	-0.9%
Sep 1993	18.73%	-16.0%
Jun 1993	22.29%	+0.3%
Mar 1993	22.22%	-1.1%
Dec 1992	22.46%	+16.6%
Sep 1992	19.27%	-17.5%
Jun 1992	23.37%	+8.7%
Mar 1992	21.49%	+6.5%
Dec 1991	20.17%	-0.6%
Sep 1991	20.30%	+1.3%
Jun 1991	20.04%	-26.7%
Mar 1991	27.33%	+18.4%
Dec 1990	23.08%	-7.5%
Sep 1990	24.96%	-3.8%
Jun 1990	25.94%	+10.9%
Mar 1990	23.40%	+20.9%
Dec 1989	19.36%	-19.4%
Sep 1989	24.03%	-

FAQ

What is the current quarterly gross margin of COP?
As of today, COP quarterly gross margin is 19.64%
What is COP quarterly gross margin most recent change?
COP quarterly gross margin was down -15.96% on December 31, 2025
What is 1-year change in COP quarterly gross margin?
COP quarterly gross margin is down -32.28% year-over-year
How far is COP quarterly gross margin from its all-time high?
COP quarterly gross margin is currently -61.71% below its historical high of 51.29% set on December 31, 2011
How does COP quarterly gross margin rank versus sector peers?
COP quarterly gross margin is higher than 42.17% of companies in Energy sector
When is COP next earnings release?
The next earnings release for COP is on May 7, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

COP Official Website www.conocophillips.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1163165/000116316526000005/0001163165-26-000005-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1163165/000116316526000005/0001163165-26-000005-index.htm
COP Profile on Yahoo Finance finance.yahoo.com/quote/COP
COP Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/cop