CONOCOPHILLIPS (COP) closed fiscal year 2025 with a gross margin of 62.1 % and a net margin of 13.6 %.
CONOCOPHILLIPS (COP) closed fiscal year 2025 with a gross margin of 62.1 % and a net margin of 13.6 %. The same year shows an EBITDA margin of 43.4 % and an EBIT margin of 23.6 %. The free cash flow margin was 12.3 %. Against the previous year the gross margin moved −1.3 pp and the net margin −3.3 pp. Across the period the gross margin ranges between 56.7 % in 2022 and 67.7 % in 2019. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | 58.97 % | 61.71 % | 63.09 % | 67.71 % | 57.00 % | 60.38 % | 56.72 % | 60.86 % | 63.45 % | 62.13 % |
| EBITDA margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 47.30 % | 45.93 % | 44.62 % | 43.38 % |
| EBIT margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 37.31 % | 30.91 % | 27.00 % | 23.56 % |
| Net margin (%) | 6.34 % | -6.79 % | 2.96 % | 17.93 % | 18.82 % | 13.59 % | 15.72 % | 12.37 % | -14.31 % | -14.84 % | -2.62 % | 16.16 % | 19.60 % | -14.38 % | 17.63 % | 23.80 % | 19.52 % | 16.89 % | 13.55 % |
| FCF margin (%) | — | — | — | — | — | -0.40 % | 1.04 % | -0.93 % | -8.01 % | -1.91 % | 7.63 % | 15.97 % | 12.18 % | 0.46 % | 25.47 % | 23.13 % | 15.53 % | 14.62 % | 12.29 % |
