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, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Return on Sales
Gross profit margin 33.87% 47.30% 46.43% 39.37% 33.90%
Operating profit margin -15.25% 19.44% 24.04% -16.00% -20.98%
Net profit margin -14.38% 22.07% 17.18% -2.94% -15.26%
Return on Investment
Return on equity (ROE) -9.05% 20.55% 19.59% -2.79% -10.34%
Return on assets (ROA) -4.31% 10.20% 8.94% -1.17% -4.03%

Based on: 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).

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 improved from 2018 to 2019 but then deteriorated significantly from 2019 to 2020.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. ConocoPhillips operating profit margin ratio deteriorated from 2018 to 2019 and from 2019 to 2020.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. ConocoPhillips net profit margin ratio improved from 2018 to 2019 but then deteriorated significantly from 2019 to 2020.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. ConocoPhillips ROE improved from 2018 to 2019 but then deteriorated significantly from 2019 to 2020.
ROA A profitability ratio calculated as net income divided by total assets. ConocoPhillips ROA improved from 2018 to 2019 but then deteriorated significantly from 2019 to 2020.

Gross Profit Margin

ConocoPhillips, gross profit margin calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Gross profit 6,362  15,403  16,910  11,458  8,032 
Sales and other operating revenues 18,784  32,567  36,417  29,106  23,693 
Profitability Ratio
Gross profit margin1 33.87% 47.30% 46.43% 39.37% 33.90%
Benchmarks
Gross Profit Margin, Competitors2
Chevron Corp. 25.04% 27.43% 27.55% 23.97% 21.52%
Exxon Mobil Corp. 30.32% 29.33% 30.96% 31.55% 28.10%

Based on: 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).

1 2020 Calculation
Gross profit margin = 100 × Gross profit ÷ Sales and other operating revenues
= 100 × 6,362 ÷ 18,784 = 33.87%

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 improved from 2018 to 2019 but then deteriorated significantly from 2019 to 2020.

Operating Profit Margin

ConocoPhillips, operating profit margin calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Operating income (loss) (2,865) 6,330  8,756  (4,658) (4,971)
Sales and other operating revenues 18,784  32,567  36,417  29,106  23,693 
Profitability Ratio
Operating profit margin1 -15.25% 19.44% 24.04% -16.00% -20.98%
Benchmarks
Operating Profit Margin, Competitors2
Chevron Corp. -6.45% 0.07% 9.09% 1.84% -5.64%
Exxon Mobil Corp. -16.49% 4.99% 7.92% 5.09% 0.43%
Operating Profit Margin, Sector
Oil, Gas & Consumable Fuels -13.16% 4.48% 9.55% 2.47% -2.91%

Based on: 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).

1 2020 Calculation
Operating profit margin = 100 × Operating income (loss) ÷ Sales and other operating revenues
= 100 × -2,865 ÷ 18,784 = -15.25%

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 2018 to 2019 and from 2019 to 2020.

Net Profit Margin

ConocoPhillips, net profit margin calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Net income (loss) attributable to ConocoPhillips (2,701) 7,189  6,257  (855) (3,615)
Sales and other operating revenues 18,784  32,567  36,417  29,106  23,693 
Profitability Ratio
Net profit margin1 -14.38% 22.07% 17.18% -2.94% -15.26%
Benchmarks
Net Profit Margin, Competitors2
Chevron Corp. -5.87% 2.09% 9.33% 6.83% -0.45%
Exxon Mobil Corp. -12.57% 5.61% 7.46% 8.31% 3.59%
Net Profit Margin, Sector
Oil, Gas & Consumable Fuels -10.51% 5.71% 8.83% 7.00% 1.06%

Based on: 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).

1 2020 Calculation
Net profit margin = 100 × Net income (loss) attributable to ConocoPhillips ÷ Sales and other operating revenues
= 100 × -2,701 ÷ 18,784 = -14.38%

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 improved from 2018 to 2019 but then deteriorated significantly from 2019 to 2020.

Return on Equity (ROE)

ConocoPhillips, ROE calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Net income (loss) attributable to ConocoPhillips (2,701) 7,189  6,257  (855) (3,615)
Common stockholders’ equity 29,849  34,981  31,939  30,607  34,974 
Profitability Ratio
ROE1 -9.05% 20.55% 19.59% -2.79% -10.34%
Benchmarks
ROE, Competitors2
Chevron Corp. -4.21% 2.03% 9.59% 6.21% -0.34%
Exxon Mobil Corp. -14.28% 7.48% 10.87% 10.50% 4.69%
ROE, Sector
Oil, Gas & Consumable Fuels -9.63% 6.59% 11.08% 7.66% 1.07%

Based on: 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).

1 2020 Calculation
ROE = 100 × Net income (loss) attributable to ConocoPhillips ÷ Common stockholders’ equity
= 100 × -2,701 ÷ 29,849 = -9.05%

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 improved from 2018 to 2019 but then deteriorated significantly from 2019 to 2020.

Return on Assets (ROA)

ConocoPhillips, ROA calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Net income (loss) attributable to ConocoPhillips (2,701) 7,189  6,257  (855) (3,615)
Total assets 62,618  70,514  69,980  73,362  89,772 
Profitability Ratio
ROA1 -4.31% 10.20% 8.94% -1.17% -4.03%
Benchmarks
ROA, Competitors2
Chevron Corp. -2.31% 1.23% 5.84% 3.62% -0.19%
Exxon Mobil Corp. -6.74% 3.95% 6.02% 5.65% 2.37%
ROA, Sector
Oil, Gas & Consumable Fuels -4.83% 3.65% 6.26% 4.15% 0.55%

Based on: 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).

1 2020 Calculation
ROA = 100 × Net income (loss) attributable to ConocoPhillips ÷ Total assets
= 100 × -2,701 ÷ 62,618 = -4.31%

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 improved from 2018 to 2019 but then deteriorated significantly from 2019 to 2020.