CONOCOPHILLIPS Gross Profit 2008-2025 | COP
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What is gross profit?
Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.
What is CONOCOPHILLIPS's current gross profit?
CONOCOPHILLIPS (COP) annual gross profit for 2024 was $29.41B, a 10.77% increase from 2023. CONOCOPHILLIPS gross profit for the quarter ending September 30, 2025 was $7.48B.
What was CONOCOPHILLIPS's gross profit in 2023?
CONOCOPHILLIPS annual gross profit for 2023 was $26.55B, a 1.96% decline from 2022.
What was CONOCOPHILLIPS's gross profit in 2022?
CONOCOPHILLIPS annual gross profit for 2022 was $27.08B, a 64.79% increase from 2021.
What is CONOCOPHILLIPS's 5-year gross profit CAGR?
CONOCOPHILLIPS gross profit grew at a compound annual growth rate (CAGR) of 7.25% from FY2019 to FY2024, going from $20.73B to $29.41B over 5 years.
Gross Profit History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+7.2%
FY2019
$20.73B
→
FY2024
$29.41B
161718192021222324
5 years selected
Gross Profit History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $29.41B | +10.8% | 10-K |
| FY2023 | $26.55B | -2.0% | 10-K |
| FY2022 | $27.08B | +64.8% | 10-K |
| FY2021 | $16.43B | +194.3% | 10-K |
| FY2020 | $5.58B | -73.1% | 10-K |
| FY2019 | $20.73B | -6.3% | 10-K |
| FY2018 | $22.12B | +33.0% | 10-K |
| FY2017 | $16.63B | +21.4% | 10-K |
| FY2016 | $13.70B | - | 10-K |