Net Profit Margin
since 2005
Calculation
ConocoPhillips, net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss)1 | ÷ | Sales and other operating revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2025 | 13.55% | = | 100 | × | 7,988) | ÷ | 58,944) |
| Dec 31, 2024 | 16.89% | = | 100 | × | 9,245) | ÷ | 54,745) |
| Dec 31, 2023 | 19.52% | = | 100 | × | 10,957) | ÷ | 56,141) |
| Dec 31, 2022 | 23.80% | = | 100 | × | 18,680) | ÷ | 78,494) |
| Dec 31, 2021 | 17.63% | = | 100 | × | 8,079) | ÷ | 45,828) |
| Dec 31, 2020 | -14.38% | = | 100 | × | (2,701) | ÷ | 18,784) |
| Dec 31, 2019 | 22.07% | = | 100 | × | 7,189) | ÷ | 32,567) |
| Dec 31, 2018 | 17.18% | = | 100 | × | 6,257) | ÷ | 36,417) |
| Dec 31, 2017 | -2.94% | = | 100 | × | (855) | ÷ | 29,106) |
| Dec 31, 2016 | -15.26% | = | 100 | × | (3,615) | ÷ | 23,693) |
| Dec 31, 2015 | -14.98% | = | 100 | × | (4,428) | ÷ | 29,564) |
| Dec 31, 2014 | 13.08% | = | 100 | × | 6,869) | ÷ | 52,524) |
| Dec 31, 2013 | 16.83% | = | 100 | × | 9,156) | ÷ | 54,413) |
| Dec 31, 2012 | 14.54% | = | 100 | × | 8,428) | ÷ | 57,967) |
| Dec 31, 2011 | 5.08% | = | 100 | × | 12,436) | ÷ | 244,813) |
| Dec 31, 2010 | 6.00% | = | 100 | × | 11,358) | ÷ | 189,441) |
| Dec 31, 2009 | 3.25% | = | 100 | × | 4,858) | ÷ | 149,341) |
| Dec 31, 2008 | -7.06% | = | 100 | × | (16,998) | ÷ | 240,842) |
| Dec 31, 2007 | 6.34% | = | 100 | × | 11,891) | ÷ | 187,437) |
| Dec 31, 2006 | 8.47% | = | 100 | × | 15,550) | ÷ | 183,650) |
| Dec 31, 2005 | 7.54% | = | 100 | × | 13,529) | ÷ | 179,442) |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
The net profit margin exhibited considerable fluctuation over the period from 2005 to 2025. Initial years demonstrated a generally positive margin, followed by a period of significant volatility, including negative margins, before returning to positive values in later years. A detailed examination reveals distinct phases in the company’s profitability.
- Initial Growth & Stability (2005-2007)
- From 2005 to 2007, the net profit margin ranged between 6.34% and 8.47%. This indicates a period of relatively stable and healthy profitability. The margin peaked at 8.47% in 2006, suggesting effective cost management or favorable market conditions during that year.
- Significant Volatility & Loss (2008-2015)
- The period from 2008 to 2015 was characterized by substantial volatility. A significant loss was recorded in 2008, resulting in a negative net profit margin of -7.06%. While there was a recovery in subsequent years, the margin fluctuated considerably, reaching another negative value in 2014 and 2015 (-14.98% and -15.26% respectively). This period likely reflects the impact of external economic factors, such as the global financial crisis and fluctuating commodity prices.
- Recovery & Peak Performance (2016-2019)
- From 2016 to 2019, the net profit margin demonstrated a strong recovery. The margin moved from negative territory in 2015 to positive values, culminating in a peak of 22.07% in 2019. This suggests successful strategic adjustments, improved operational efficiency, or a favorable shift in market dynamics. The substantial increase in 2019 is particularly noteworthy.
- Recent Fluctuations (2020-2025)
- The period from 2020 to 2025 shows renewed fluctuations. A significant loss was recorded in 2020, with a net profit margin of -14.38%. Subsequent years saw a return to positive margins, peaking at 23.80% in 2022, before declining to 13.55% in 2025. This recent volatility could be attributed to ongoing market uncertainties, including geopolitical events and changes in energy demand.
Overall, the net profit margin demonstrates a cyclical pattern, influenced by both internal factors and external economic conditions. While the company has demonstrated the ability to achieve substantial profitability, it has also experienced periods of significant losses, highlighting the inherent risks associated with the industry.
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Comparison to Competitors
ConocoPhillips, net profit margin, long-term trends, comparison to competitors
| ConocoPhillips | Chevron Corp. | Exxon Mobil Corp. | |
|---|---|---|---|
| Dec 31, 2025 | 13.55% | 6.67% | 8.91% |
| Dec 31, 2024 | 16.89% | 9.13% | 9.93% |
| Dec 31, 2023 | 19.52% | 10.85% | 10.76% |
| Dec 31, 2022 | 23.80% | 15.05% | 13.98% |
| Dec 31, 2021 | 17.63% | 10.04% | 8.33% |
| Dec 31, 2020 | -14.38% | -5.87% | -12.57% |
| Dec 31, 2019 | 22.07% | 2.09% | 5.61% |
| Dec 31, 2018 | 17.18% | 9.33% | 7.46% |
| Dec 31, 2017 | -2.94% | 6.83% | 8.31% |
| Dec 31, 2016 | -15.26% | -0.45% | 3.59% |
| Dec 31, 2015 | -14.98% | 3.53% | 6.22% |
| Dec 31, 2014 | 13.08% | 9.60% | 8.25% |
| Dec 31, 2013 | 16.83% | 9.73% | 7.74% |
| Dec 31, 2012 | 14.54% | 11.35% | 9.90% |
| Dec 31, 2011 | 5.08% | 11.01% | 8.79% |
| Dec 31, 2010 | 6.00% | 9.60% | 8.23% |
| Dec 31, 2009 | 3.25% | 6.26% | 6.39% |
| Dec 31, 2008 | -7.06% | 9.03% | 9.84% |
| Dec 31, 2007 | 6.34% | 8.73% | 10.40% |
| Dec 31, 2006 | 8.47% | 8.36% | 10.81% |
| Dec 31, 2005 | 7.54% | 7.28% | 10.07% |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
ConocoPhillips, net profit margin, long-term trends, comparison to sector (oil, gas & consumable fuels)
| ConocoPhillips | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2025 | 13.55% | 8.66% |
| Dec 31, 2024 | 16.89% | 10.31% |
| Dec 31, 2023 | 19.52% | 11.63% |
| Dec 31, 2022 | 23.80% | 15.41% |
| Dec 31, 2021 | 17.63% | 9.78% |
| Dec 31, 2020 | -14.38% | -10.51% |
| Dec 31, 2019 | 22.07% | 5.71% |
| Dec 31, 2018 | 17.18% | 8.83% |
| Dec 31, 2017 | -2.94% | 7.00% |
| Dec 31, 2016 | -15.26% | 1.06% |
| Dec 31, 2015 | -14.98% | 3.89% |
| Dec 31, 2014 | 13.08% | 9.06% |
| Dec 31, 2013 | 16.83% | 9.08% |
| Dec 31, 2012 | 14.54% | 10.72% |
| Dec 31, 2011 | 5.08% | 8.41% |
| Dec 31, 2010 | 6.00% | 8.03% |
| Dec 31, 2009 | 3.25% | 5.60% |
| Dec 31, 2008 | -7.06% | 5.40% |
| Dec 31, 2007 | 6.34% | 8.99% |
| Dec 31, 2006 | 8.47% | 9.57% |
| Dec 31, 2005 | 7.54% | 8.71% |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
ConocoPhillips, net profit margin, long-term trends, comparison to industry (energy)
| ConocoPhillips | Energy | |
|---|---|---|
| Dec 31, 2025 | 13.55% | 8.71% |
| Dec 31, 2024 | 16.89% | 10.43% |
| Dec 31, 2023 | 19.52% | 11.68% |
| Dec 31, 2022 | 23.80% | 15.29% |
| Dec 31, 2021 | 17.63% | 9.70% |
| Dec 31, 2020 | -14.38% | -13.06% |
| Dec 31, 2019 | 22.07% | 3.11% |
| Dec 31, 2018 | 17.18% | 8.68% |
| Dec 31, 2017 | -2.94% | 6.15% |
| Dec 31, 2016 | -15.26% | 0.54% |
| Dec 31, 2015 | -14.98% | 4.04% |
| Dec 31, 2014 | 13.08% | 9.21% |
| Dec 31, 2013 | 16.83% | 9.44% |
| Dec 31, 2012 | 14.54% | 10.84% |
| Dec 31, 2011 | 5.08% | 8.58% |
| Dec 31, 2010 | 6.00% | 8.29% |
| Dec 31, 2009 | 3.25% | 5.89% |
| Dec 31, 2008 | -7.06% | 5.80% |
| Dec 31, 2007 | 6.34% | 9.37% |
| Dec 31, 2006 | 8.47% | 9.82% |
| Dec 31, 2005 | 7.54% | 8.84% |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).