ConocoPhillips
COP
$122.90
Share price
2.81%
Change (1 day)
23.89%
Change (1 year)
ConocoPhillips is an international energy company and is considered the third largest US oil company.
Operating Margin for ConocoPhillips (COP)
Operating Margin as of September 2023 (TTM): 30.86%
According to ConocoPhillips's latest financial reports and stock price the company's current Operating Margin is 30.86%. At the end of 2022 the company had an Operating Margin of 37.31%.
Operating Margin history for ConocoPhillips from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 37.31% | 23.55% |
| 2021 | 30.20% | -372.43% |
| 2020 | -11.08% | -133.96% |
| 2019 | 32.63% | 7.44% |
| 2018 | 30.37% | -865.4% |
| 2017 | -3.97% | -75.64% |
| 2016 | -16.29% | -17.47% |
| 2015 | -19.74% | -198.54% |
| 2014 | 20.03% | -29.64% |
| 2013 | 28.47% | -0.13% |
| 2012 | 28.51% | 193.92% |
| 2011 | 9.70% | -7.97% |
| 2010 | 10.54% | 42.29% |
| 2009 | 7.41% | -43.87% |
| 2008 | 13.20% | -13.82% |
| 2007 | 15.31% | 0.4% |
| 2006 | 15.25% | -32.45% |
| 2005 | 22.58% | -1.66% |
| 2004 | 22.96% | 119.99% |
| 2003 | 10.44% | -35.2% |
| 2002 | 16.10% | 4.43% |
| 2001 | 15.42% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PetroChina 601857.SS | 17.10% | -44.59% | 🇨🇳 China |
 BP BP | 6.38% | -79.33% | 🇬🇧 UK |
 Marathon Oil
MRO | 39.59% | 28.29% | 🇺🇸 USA |
 Exxon Mobil XOM | 19.97% | -35.29% | 🇺🇸 USA |
 Chevron CVX | 19.83% | -35.74% | 🇺🇸 USA |
 Devon Energy
DVN | 40.56% | 31.43% | 🇺🇸 USA |
 Hess HES | 32.50% | 5.31% | 🇺🇸 USA |
 Murphy Oil
MUR | 34.36% | 11.34% | 🇺🇸 USA |
What is a company's Operating Margin
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.