ConocoPhillips (COP)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 16,807,000 | 17,884,000 | 18,616,000 | 21,539,000 | 21,833,000 | 23,253,000 | 23,429,000 | 24,644,000 | 27,950,000 | 27,097,000 | 23,083,000 | 18,243,000 | 12,167,000 | 6,485,000 | 2,768,000 | -969,000 | -1,800,000 | 821,000 | 2,513,000 | 5,419,000 |
| Revenue (ttm) | US$ in thousands | 55,276,000 | 55,684,000 | 56,330,000 | 55,093,000 | 56,056,000 | 59,970,000 | 66,733,000 | 75,543,000 | 78,494,000 | 75,056,000 | 65,369,000 | 53,764,000 | 45,828,000 | 36,199,000 | 29,259,000 | 22,452,000 | 18,784,000 | 21,001,000 | 24,371,000 | 29,575,000 |
| Operating profit margin | 30.41% | 32.12% | 33.05% | 39.10% | 38.95% | 38.77% | 35.11% | 32.62% | 35.61% | 36.10% | 35.31% | 33.93% | 26.55% | 17.91% | 9.46% | -4.32% | -9.58% | 3.91% | 10.31% | 18.32% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $16,807,000K ÷ $55,276,000K
= 30.41%
ConocoPhillips' operating profit margin has shown fluctuations over the analyzed period from March 31, 2020, to December 31, 2024. The margin started at 18.32% in March 31, 2020, indicating a healthy profitability level. However, it fluctuated, reaching its lowest point at -9.58% in December 31, 2020, implying the company experienced operating losses during that period.
Subsequently, there was an improvement in the operating profit margin, with a positive trajectory through June 30, 2022, reaching a high of 36.10% in September 30, 2022, and December 31, 2023. This sustained growth suggests the company was able to enhance operational efficiency and profitability during this period.
From March 31, 2023, to December 31, 2024, the operating profit margin remained relatively stable, albeit experiencing slight fluctuations. It hovered around the range of 30-39%, indicating that ConocoPhillips maintained a solid operating profitability status during this time frame.
Overall, the trend in ConocoPhillips' operating profit margin demonstrates both resilience and an ability to adapt to market conditions, showcasing periods of improvement and stability in operating efficiency and profitability over the analyzed period.
Peer comparison
Dec 31, 2024