ConocoPhillips is an international energy company and is considered the third largest US oil company.
According to ConocoPhillips's latest financial reports and stock price the company's current Operating Margin is 28.15%. At the end of 2023 the company had an Operating Margin of 30.91%.
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.