ConocoPhillips (COP)
129.33
-0.05
(-0.04%)
USD |
NYSE |
Apr 22, 16:00
128.92
-0.41
(-0.32%)
Pre-Market: 08:55
ConocoPhillips Gross Profit Margin (Quarterly): 32.55% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 32.55% |
| September 30, 2023 | 32.40% |
| June 30, 2023 | 31.08% |
| March 31, 2023 | 33.43% |
| December 31, 2022 | 32.00% |
| September 30, 2022 | 38.50% |
| June 30, 2022 | 39.58% |
| March 31, 2022 | 42.83% |
| December 31, 2021 | 35.03% |
| September 30, 2021 | 36.08% |
| June 30, 2021 | 34.66% |
| March 31, 2021 | 21.11% |
| December 31, 2020 | 6.21% |
| September 30, 2020 | 3.94% |
| June 30, 2020 | -21.32% |
| March 31, 2020 | 14.83% |
| December 31, 2019 | 27.70% |
| September 30, 2019 | 27.71% |
| June 30, 2019 | 29.81% |
| March 31, 2019 | 29.05% |
| December 31, 2018 | 28.00% |
| September 30, 2018 | 32.36% |
| June 30, 2018 | 31.62% |
| March 31, 2018 | 28.43% |
| December 31, 2017 | 21.27% |
| Date | Value |
|---|---|
| September 30, 2017 | 13.94% |
| June 30, 2017 | 13.41% |
| March 31, 2017 | 14.05% |
| December 31, 2016 | 7.08% |
| September 30, 2016 | -5.53% |
| June 30, 2016 | -8.00% |
| March 31, 2016 | -13.77% |
| December 31, 2015 | -5.74% |
| September 30, 2015 | -1.54% |
| June 30, 2015 | 11.29% |
| March 31, 2015 | 7.08% |
| December 31, 2014 | 10.89% |
| September 30, 2014 | 26.82% |
| June 30, 2014 | 30.58% |
| March 31, 2014 | 29.20% |
| December 31, 2013 | 29.15% |
| September 30, 2013 | 29.84% |
| June 30, 2013 | 32.40% |
| March 31, 2013 | 34.15% |
| December 31, 2012 | 31.59% |
| September 30, 2012 | 31.80% |
| June 30, 2012 | 33.38% |
| March 31, 2012 | 36.90% |
| December 31, 2011 | -9.31% |
| September 30, 2011 | 40.05% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-21.32%
Minimum
Jun 2020
42.83%
Maximum
Mar 2022
26.22%
Average
32.00%
Median
Dec 2022
Gross Profit Margin (Quarterly) Benchmarks
| Valero Energy Corp | 5.26% |
| Marathon Petroleum Corp | 7.85% |
| Phillips 66 | 10.21% |
| Devon Energy Corp | 39.64% |
| Diamondback Energy Inc | 56.25% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 22.79% |
| Return on Assets | 11.80% |
| Return on Invested Capital | 16.70% |
| Profit Margin (Quarterly) | 20.42% |
| Operating Margin (Quarterly) | 27.75% |
| Return on Net Operating Assets | 14.58% |