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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 $34.73B, a 1.66% increase from 2023. CONOCOPHILLIPS gross profit for the quarter ending September 30, 2025 was $9.17B.

What was CONOCOPHILLIPS's gross profit in 2023?

CONOCOPHILLIPS annual gross profit for 2023 was $34.17B, a 23.26% decline from 2022.

What was CONOCOPHILLIPS's gross profit in 2022?

CONOCOPHILLIPS annual gross profit for 2022 was $44.52B, a 60.91% increase from 2021.

What is CONOCOPHILLIPS's 5-year gross profit CAGR?

CONOCOPHILLIPS gross profit grew at a compound annual growth rate (CAGR) of 10.88% from FY2019 to FY2024, going from $20.73B to $34.73B over 5 years.

Gross Profit History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR+10.9%
FY2019
$20.73B
FY2024
$34.73B
161718192021222324
5 years selected
Gross Profit History
PeriodValueChangeSource
FY2024$34.73B+1.7%10-K
FY2023$34.17B-23.3%10-K
FY2022$44.52B+60.9%10-K
FY2021$27.67B+158.5%10-K
FY2020$10.71B-48.3%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
Company: CONOCOPHILLIPSTicker: COPSector: EnergyIndustry: Petroleum RefiningView company profile →