What is the current annual operating margin of COP?

As of today, COP annual operating margin is 19.24%

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

COP annual operating margin is down -17.81% year-over-year

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

COP annual operating margin is down -41.04% over the past 3 years

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

COP annual operating margin is currently -41.04% below its historical high of 32.63% set on December 31, 2022

How does COP annual operating margin rank versus sector peers?

COP annual operating margin is higher than 60.49% 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 operating margin of COP?

As of today, COP quarterly operating margin is 31.00%

What is COP quarterly operating margin most recent change?

COP quarterly operating margin was up +46.71% on June 30, 2026

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

COP quarterly operating margin is up +67.48% year-over-year

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

COP quarterly operating margin is currently -30.63% below its historical high of 44.69% set on December 31, 2011

How does COP quarterly operating margin rank versus sector peers?

COP quarterly operating margin is higher than 64.96% of companies in Energy sector

When is COP next earnings release?

The next earnings release for COP is on November 5, 2026

ConocoPhillips (COP) Operating Margin History & Chart

Annual Operating Margin

19.24%4.17%-17.81%

December 31, 2025

Summary

Current Value: As of today, COP annual operating margin is 19.24%, down -17.81% on December 31, 2025
Historical Performance: COP annual operating margin is down -41.04% over the past 3 years, up +297.33% over the past 5 years
All-Time High Comparison: COP annual operating margin is currently -41.04% below its historical high of 32.63% set on December 31, 2022
3-Year Low Comparison: COP annual operating margin is at its 3-year low
Sector Comparison: COP annual operating margin is higher than 60.49% of companies in Energy sector

Operating Margin Chart

beforeafter

Performance

COP Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	19.24%	-17.8%	-41.0%	+297.3%	+158.9%
Quarterly Operating Margin	Jun 30, 26	31.00%	+67.5%	+26.2%	+9.8%	+267.3%
Price	Aug 28, 26	$130.35	+32.4%	+10.9%	+129.7%	+161.0%
PE Ratio	Aug 28, 26	17.27	+30.7%	+52.8%	-64.6%	+174.6%
Annual Revenue	Dec 31, 25	$58.71B	+7.5%	-25.3%	+212.9%	-69.2%
Annual Operating Profit	Dec 31, 25	$11.34B	-11.3%	-55.8%	+719.8%	-19.9%
Annual Gross Margin	Dec 31, 25	24.40%	-16.9%	-35.3%	+809.3%	+41.1%
Annual Net Margin	Dec 31, 25	13.55%	-19.7%	-42.8%	+195.8%	+126.2%

Operating Margin Highs

COP Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	32.63%	N/A	-41.0%
5Y	32.63%	Dec 31, 22	-41.0%
All	32.63%	Dec 31, 22	-41.0%

Operating Margin Lows

COP Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	19.24%	Dec 31, 25	at low
5Y	-9.75%	N/A	+297.3%
All	-18.29%	Dec 31, 16	+205.2%

Operating Margin History

Year	Value	Change
2025	19.24%	-17.8%
2024	23.41%	-12.7%
2023	26.81%	-17.8%
2022	32.63%	+21.4%
2021	26.87%	+375.6%
2020	-9.75%	-144.9%
2019	21.70%	-13.6%
2018	25.11%	+198.9%
2017	8.40%	+145.9%
2016	-18.29%	-5.9%
2015	-17.27%	-198.6%
2014	17.51%	-21.3%
2013	22.26%	-2.4%
2012	22.81%	-4.2%
2011	23.81%	+220.5%
2010	7.43%	+16.6%
2009	6.37%	-43.5%
2008	11.27%	-7.0%
2007	12.12%	-12.9%
2006	13.92%	+22.2%
2005	11.39%	+0.9%
2004	11.29%	+13.7%
2003	9.93%	+67.2%

Year	Value	Change
2002	5.94%	-61.3%
2001	15.34%	-19.2%
2000	18.99%	+92.6%
1999	9.86%	+171.6%
1998	3.63%	-70.7%
1997	12.39%	+9.0%
1996	11.37%	+25.8%
1995	9.04%	+7.7%
1994	8.39%	+36.2%
1993	6.16%	-5.7%
1992	6.53%	+224.9%
1991	2.01%	-80.9%
1990	10.55%	+21.8%
1989	8.66%	-51.9%
1988	18.02%	+65.3%
1987	10.90%	-7.4%
1986	11.77%	-25.6%
1985	15.83%	+12.8%
1984	14.03%	-2.9%
1983	14.45%	+17.3%
1982	12.32%	-24.9%
1981	16.40%	-27.1%
1980	22.49%	-

FAQ

What is the current annual operating margin of COP?: As of today, COP annual operating margin is 19.24%
What is 1-year change in COP annual operating margin?: COP annual operating margin is down -17.81% year-over-year
What is 3-year change in COP annual operating margin?: COP annual operating margin is down -41.04% over the past 3 years
How far is COP annual operating margin from its all-time high?: COP annual operating margin is currently -41.04% below its historical high of 32.63% set on December 31, 2022
How does COP annual operating margin rank versus sector peers?: COP annual operating margin is higher than 60.49% 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

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

31.00%9.87%+46.71%

June 30, 2026

Summary

Current Value: As of today, COP quarterly operating margin is 31.00%, up +46.71% on June 30, 2026
Historical Performance: COP quarterly operating margin is up +67.48% year-over-year, up +26.17% over the past 3 years
All-Time High Comparison: COP quarterly operating margin is currently -30.63% below its historical high of 44.69% set on December 31, 2011
3-Year Low Comparison: COP quarterly operating margin is +105.57% above its 3-year low of 15.08% reached on December 31, 2025
Sector Comparison: COP quarterly operating margin is higher than 64.96% of companies in Energy sector

Performance

COP Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Jun 30, 26	31.00%	+46.7%	+67.5%	+26.2%	+9.8%
Annual Operating Margin	Dec 31, 25	19.24%	–	-17.8%	-41.0%	+297.3%
Price	Aug 28, 26	$130.35	+13.4%	+32.4%	+10.9%	+129.7%
PE Ratio	Aug 28, 26	17.27	-11.7%	+30.7%	+52.8%	-64.6%
Quarterly Revenue	Jun 30, 26	$19.25B	+23.4%	+37.7%	+55.6%	+99.3%
Quarterly Operating Profit	Jun 30, 26	$5.97B	+81.0%	+130.6%	+96.4%	+119.0%
Quarterly Gross Margin	Jun 30, 26	36.10%	+37.5%	+48.0%	+18.9%	+8.2%
Quarterly Net Margin	Jun 30, 26	20.35%	+45.9%	+44.8%	+13.2%	-6.0%

Quarterly Operating Margin Highs

COP Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	31.00%	Jun 30, 26	at high
3Y	31.00%	Jun 30, 26	at high
5Y	36.01%	Mar 31, 22	-13.9%
All	44.69%	Dec 31, 11	-30.6%

Quarterly Operating Margin Lows

COP Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	15.08%	Dec 31, 25	+105.6%
3Y	15.08%	Dec 31, 25	+105.6%
5Y	15.08%	Dec 31, 25	+105.6%
All	-319.90%	Dec 31, 86	+109.7%

Quarterly Operating Margin History

Month	Value	Change
Jun 2026	31.00%	+46.7%
Mar 2026	21.13%	+40.1%
Dec 2025	15.08%	-16.5%
Sep 2025	18.05%	-2.5%
Jun 2025	18.51%	-27.4%
Mar 2025	25.51%	+21.9%
Dec 2024	20.92%	-6.5%
Sep 2024	22.38%	-12.1%
Jun 2024	25.46%	+2.1%
Mar 2024	24.93%	-9.7%
Dec 2023	27.62%	+3.0%
Sep 2023	26.81%	+9.1%
Jun 2023	24.57%	-11.9%
Mar 2023	27.89%	+5.6%
Dec 2022	26.41%	-21.7%
Sep 2022	33.74%	+0.2%
Jun 2022	33.67%	-6.5%
Mar 2022	36.01%	+15.8%
Dec 2021	31.11%	+3.0%
Sep 2021	30.21%	+7.1%
Jun 2021	28.22%	+81.0%
Mar 2021	15.59%	+178.0%
Dec 2020	-19.99%	-273.6%
Sep 2020	-5.35%	+84.3%
Jun 2020	-34.08%	-555.0%
Mar 2020	7.49%	-62.7%
Dec 2019	20.10%	+6.0%
Sep 2019	18.96%	-21.6%
Jun 2019	24.18%	+4.1%
Mar 2019	23.23%	-1.4%
Dec 2018	23.55%	-12.0%
Sep 2018	26.75%	+2.5%
Jun 2018	26.10%	+8.4%
Mar 2018	24.08%	+63.9%
Dec 2017	14.69%	+78.3%
Sep 2017	8.24%	+21.5%
Jun 2017	6.78%	+421.5%
Mar 2017	1.30%	+137.9%
Dec 2016	-3.43%	+81.6%
Sep 2016	-18.64%	+25.0%
Jun 2016	-24.84%	+19.0%
Mar 2016	-30.68%	+36.6%
Dec 2015	-48.41%	-107.1%
Sep 2015	-23.37%	-3,551.6%
Jun 2015	-0.64%	+85.7%
Mar 2015	-4.49%	-636.1%
Dec 2014	-0.61%	-103.6%
Sep 2014	17.18%	-18.0%
Jun 2014	20.96%	-5.2%
Mar 2014	22.11%	+12.5%
Dec 2013	19.65%	-6.4%
Sep 2013	21.00%	-11.4%
Jun 2013	23.70%	-3.4%
Mar 2013	24.54%	+19.4%
Dec 2012	20.56%	-13.0%
Sep 2012	23.63%	-5.3%
Jun 2012	24.96%	+257.1%
Mar 2012	6.99%	-84.4%
Dec 2011	44.69%	+475.2%
Sep 2011	7.77%	-7.9%
Jun 2011	8.44%	-5.3%
Mar 2011	8.91%	+28.8%
Dec 2010	6.92%	-3.6%
Sep 2010	7.18%	-5.8%
Jun 2010	7.62%	-5.8%
Mar 2010	8.09%	+19.1%
Dec 2009	6.79%	+23.7%
Sep 2009	5.49%	-7.6%
Jun 2009	5.94%	-8.5%
Mar 2009	6.49%	-30.4%
Dec 2008	9.33%	-23.8%
Sep 2008	12.25%	+6.6%
Jun 2008	11.49%	+1.5%
Mar 2008	11.32%	-4.1%
Dec 2007	11.81%	+5.4%
Sep 2007	11.20%	-17.3%
Jun 2007	13.55%	+13.7%

Month	Value	Change
Mar 2007	11.92%	-12.3%
Dec 2006	13.59%	-7.3%
Sep 2006	14.66%	-12.3%
Jun 2006	16.71%	+57.0%
Mar 2006	10.64%	-7.5%
Dec 2005	11.50%	-4.2%
Sep 2005	12.00%	+3.9%
Jun 2005	11.55%	+12.4%
Mar 2005	10.28%	+2.4%
Dec 2004	10.04%	-11.2%
Sep 2004	11.31%	-11.6%
Jun 2004	12.80%	+20.6%
Mar 2004	10.61%	+17.6%
Dec 2003	9.02%	-16.5%
Sep 2003	10.80%	+14.4%
Jun 2003	9.44%	-5.2%
Mar 2003	9.96%	+71.7%
Dec 2002	5.80%	+50.6%
Sep 2002	3.85%	+200.0%
Jun 2002	-3.85%	+64.7%
Mar 2002	-10.91%	-304.3%
Dec 2001	5.34%	-56.4%
Sep 2001	12.26%	-50.9%
Jun 2001	24.99%	+12.0%
Mar 2001	22.31%	-18.1%
Dec 2000	27.24%	+48.9%
Sep 2000	18.30%	+6.3%
Jun 2000	17.22%	+24.1%
Mar 2000	13.88%	-1.6%
Dec 1999	14.11%	+12.7%
Sep 1999	12.52%	+88.3%
Jun 1999	6.65%	+163.9%
Mar 1999	2.52%	+115.7%
Dec 1998	-16.01%	-398.7%
Sep 1998	5.36%	-51.8%
Jun 1998	11.13%	-1.7%
Mar 1998	11.32%	-24.0%
Dec 1997	14.90%	+9.1%
Sep 1997	13.66%	-4.1%
Jun 1997	14.24%	+0.3%
Mar 1997	14.20%	+29.8%
Dec 1996	10.94%	-15.1%
Sep 1996	12.88%	0.0%
Jun 1996	12.88%	+23.0%
Mar 1996	10.47%	+13.7%
Dec 1995	9.21%	-13.1%
Sep 1995	10.60%	+16.1%
Jun 1995	9.13%	-20.5%
Mar 1995	11.49%	+17.5%
Dec 1994	9.78%	+15.2%
Sep 1994	8.49%	+8.0%
Jun 1994	7.86%	-21.3%
Mar 1994	9.99%	+231.9%
Dec 1993	3.01%	-52.0%
Sep 1993	6.27%	-32.1%
Jun 1993	9.24%	+11.7%
Mar 1993	8.27%	-15.5%
Dec 1992	9.79%	+69.4%
Sep 1992	5.78%	-45.2%
Jun 1992	10.55%	+298.1%
Mar 1992	2.65%	+175.7%
Dec 1991	-3.50%	-150.9%
Sep 1991	6.88%	-13.2%
Jun 1991	7.93%	-49.6%
Mar 1991	15.72%	+9.9%
Dec 1990	14.31%	+8.5%
Sep 1990	13.19%	-1.0%
Jun 1990	13.32%	+29.2%
Mar 1990	10.31%	+952.1%
Dec 1989	-1.21%	-110.7%
Sep 1989	11.35%	+104.8%
Dec 1988	-238.71%	+8.6%
Dec 1987	-261.07%	+18.4%
Dec 1986	-319.90%	-26.7%
Dec 1985	-252.53%	+8.7%
Dec 1984	-276.56%	-

FAQ

What is the current quarterly operating margin of COP?: As of today, COP quarterly operating margin is 31.00%
What is COP quarterly operating margin most recent change?: COP quarterly operating margin was up +46.71% on June 30, 2026
What is 1-year change in COP quarterly operating margin?: COP quarterly operating margin is up +67.48% year-over-year
How far is COP quarterly operating margin from its all-time high?: COP quarterly operating margin is currently -30.63% below its historical high of 44.69% set on December 31, 2011
How does COP quarterly operating margin rank versus sector peers?: COP quarterly operating margin is higher than 64.96% of companies in Energy sector
When is COP next earnings release?: The next earnings release for COP is on November 5, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

COP Official Website www.conocophillips.com
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