COPNEUTRAL

Gross Margin

27.3%

Updated 101h ago

Sector Performance

22th percentile

COP

27.3%

Sector Median

44.7%

Sector Avg

45.2%

📊

Deep Analysis

Gross margin, defined as the percentage of revenue left after subtracting the direct costs of producing goods or services, currently stands at 27.3% for COP.

This is well below the sector median of 44.2%, placing COP in the 22nd percentile among its sector peers — meaning 78% of peers have a higher gross margin. The year-over-year and quarter-over-quarter changes are both reported as N/A, and only a single historical value (27.3%) is available for the last eight quarters, so no trend direction can be assessed. The combination of a low gross margin relative to peers and the absence of any trend data introduces uncertainty; without knowing whether the margin is improving or deteriorating, the risk profile is unclear. This metric contradicts a bullish stance but does not alone justify a bearish view, as it simply shows COP operates with thinner margins than most competitors. The overall NEUTRAL verdict is supported, because the weak margin level is balanced by the lack of trend information, preventing a clear directional signal.

Frequently Asked Questions

What does the Gross Margin tell investors about COP?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

Who are COP's closest peers by Gross Margin?

The closest peers by Gross Margin include: EXPD (14.0%), JBHT (12.6%), DVN (12.1%), F (11.9%), GM (11.5%).

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.