Stock Analysis on Net

ConocoPhillips (NYSE:COP) 

Analysis of Profitability Ratios

Microsoft Excel LibreOffice Calc

Profitability Ratios (Summary)

ConocoPhillips, profitability ratios

Microsoft Excel LibreOffice Calc
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Return on Sales
Gross profit margin 47.95% 33.87% 47.30% 46.43% 39.37%
Operating profit margin 24.34% -15.25% 19.44% 24.04% -16.00%
Net profit margin 17.63% -14.38% 22.07% 17.18% -2.94%
Return on Investment
Return on equity (ROE) 17.79% -9.05% 20.55% 19.59% -2.79%
Return on assets (ROA) 8.91% -4.31% 10.20% 8.94% -1.17%

Based on: 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).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. ConocoPhillips gross profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. ConocoPhillips operating profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. ConocoPhillips net profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. ConocoPhillips ROE deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.
ROA A profitability ratio calculated as net income divided by total assets. ConocoPhillips ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.

Gross Profit Margin

ConocoPhillips, gross profit margin calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Gross profit 21,976  6,362  15,403  16,910  11,458 
Sales and other operating revenues 45,828  18,784  32,567  36,417  29,106 
Profitability Ratio
Gross profit margin1 47.95% 33.87% 47.30% 46.43% 39.37%
Benchmarks
Gross Profit Margin, Competitors2
Chevron Corp. 29.25% 25.04% 27.43% 27.55% 23.97%
Devon Energy Corp. 47.82% 35.05% 35.55% 38.62% 31.51%
Exxon Mobil Corp. 30.90% 30.32% 29.33% 30.96% 31.55%
Occidental Petroleum Corp. 62.79% 52.45% 59.12% 63.15% 55.28%
Valero Energy Corp. 2.75% -1.14% 4.41% 4.78% 4.84%

Based on: 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).

1 2021 Calculation
Gross profit margin = 100 × Gross profit ÷ Sales and other operating revenues
= 100 × 21,976 ÷ 45,828 = 47.95%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. ConocoPhillips gross profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Operating Profit Margin

ConocoPhillips, operating profit margin calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Operating income (loss) 11,155  (2,865) 6,330  8,756  (4,658)
Sales and other operating revenues 45,828  18,784  32,567  36,417  29,106 
Profitability Ratio
Operating profit margin1 24.34% -15.25% 19.44% 24.04% -16.00%
Benchmarks
Operating Profit Margin, Competitors2
Chevron Corp. 10.40% -6.45% 0.07% 9.09% 1.84%
Devon Energy Corp. 26.44% -58.41% 2.27% 14.10% 9.99%
Exxon Mobil Corp. 8.68% -16.49% 4.99% 7.92% 5.09%
Marathon Oil Corp. 23.35% -38.10% 12.56% 28.24% -3.04%
Occidental Petroleum Corp. 16.21% -71.20% -0.95% 25.56% 4.40%
Pioneer Natural Resources Co. 18.56% 2.69% 16.09% 23.73% 13.34%
Valero Energy Corp. 1.87% -2.43% 3.54% 3.91% 3.83%
Operating Profit Margin, Sector
Oil, Gas & Consumable Fuels 10.03% -14.50% 4.36% 9.42% 3.02%

Based on: 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).

1 2021 Calculation
Operating profit margin = 100 × Operating income (loss) ÷ Sales and other operating revenues
= 100 × 11,155 ÷ 45,828 = 24.34%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. ConocoPhillips operating profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Net Profit Margin

ConocoPhillips, net profit margin calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Net income (loss) attributable to ConocoPhillips 8,079  (2,701) 7,189  6,257  (855)
Sales and other operating revenues 45,828  18,784  32,567  36,417  29,106 
Profitability Ratio
Net profit margin1 17.63% -14.38% 22.07% 17.18% -2.94%
Benchmarks
Net Profit Margin, Competitors2
Chevron Corp. 10.04% -5.87% 2.09% 9.33% 6.83%
Devon Energy Corp. 23.05% -55.51% -5.71% 28.54% 6.44%
Exxon Mobil Corp. 8.33% -12.57% 5.61% 7.46% 8.31%
Marathon Oil Corp. 16.89% -46.85% 9.48% 18.57% -130.87%
Occidental Petroleum Corp. 8.95% -83.28% -3.27% 23.18% 10.48%
Pioneer Natural Resources Co. 11.85% -2.85% 7.82% 10.43% 15.73%
Valero Energy Corp. 0.82% -2.19% 2.24% 2.67% 4.33%
Net Profit Margin, Sector
Oil, Gas & Consumable Fuels 8.55% -13.16% 4.69% 8.55% 5.54%

Based on: 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).

1 2021 Calculation
Net profit margin = 100 × Net income (loss) attributable to ConocoPhillips ÷ Sales and other operating revenues
= 100 × 8,079 ÷ 45,828 = 17.63%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. ConocoPhillips net profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.

Return on Equity (ROE)

ConocoPhillips, ROE calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Net income (loss) attributable to ConocoPhillips 8,079  (2,701) 7,189  6,257  (855)
Common stockholders’ equity 45,406  29,849  34,981  31,939  30,607 
Profitability Ratio
ROE1 17.79% -9.05% 20.55% 19.59% -2.79%
Benchmarks
ROE, Competitors2
Chevron Corp. 11.24% -4.21% 2.03% 9.59% 6.21%
Devon Energy Corp. 30.37% -92.89% -6.12% 33.36% 9.70%
Exxon Mobil Corp. 13.67% -14.28% 7.48% 10.87% 10.50%
Marathon Oil Corp. 8.85% -13.74% 3.95% 9.04% -48.88%
Occidental Petroleum Corp. 11.42% -79.85% -1.95% 19.37% 6.37%
Pioneer Natural Resources Co. 9.27% -1.73% 6.24% 8.08% 7.39%
Valero Energy Corp. 5.05% -7.56% 11.11% 14.41% 18.48%
ROE, Sector
Oil, Gas & Consumable Fuels 12.86% -13.45% 5.93% 11.94% 6.67%

Based on: 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).

1 2021 Calculation
ROE = 100 × Net income (loss) attributable to ConocoPhillips ÷ Common stockholders’ equity
= 100 × 8,079 ÷ 45,406 = 17.79%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. ConocoPhillips ROE deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.

Return on Assets (ROA)

ConocoPhillips, ROA calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Net income (loss) attributable to ConocoPhillips 8,079  (2,701) 7,189  6,257  (855)
Total assets 90,661  62,618  70,514  69,980  73,362 
Profitability Ratio
ROA1 8.91% -4.31% 10.20% 8.94% -1.17%
Benchmarks
ROA, Competitors2
Chevron Corp. 6.52% -2.31% 1.23% 5.84% 3.62%
Devon Energy Corp. 13.38% -27.04% -2.59% 15.66% 2.97%
Exxon Mobil Corp. 6.80% -6.74% 3.95% 6.02% 5.65%
Marathon Oil Corp. 5.57% -8.08% 2.37% 5.14% -26.00%
Occidental Petroleum Corp. 3.09% -18.52% -0.61% 9.42% 3.12%
Pioneer Natural Resources Co. 5.75% -1.04% 3.96% 5.46% 4.90%
Valero Energy Corp. 1.61% -2.74% 4.50% 6.22% 8.10%
ROA, Sector
Oil, Gas & Consumable Fuels 6.37% -6.30% 3.05% 6.60% 3.52%

Based on: 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).

1 2021 Calculation
ROA = 100 × Net income (loss) attributable to ConocoPhillips ÷ Total assets
= 100 × 8,079 ÷ 90,661 = 8.91%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. ConocoPhillips ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.