ConocoPhillips Gross Profit Margin vs Pretax Profit Margin Analysis
COP Stock | USD 117.91 0.66 0.56% |
ConocoPhillips financial indicator trend analysis is way more than just evaluating ConocoPhillips prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ConocoPhillips is a good investment. Please check the relationship between ConocoPhillips Gross Profit Margin and its Pretax Profit Margin accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConocoPhillips. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.
Gross Profit Margin vs Pretax Profit Margin
Gross Profit Margin vs Pretax Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ConocoPhillips Gross Profit Margin account and Pretax Profit Margin. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ConocoPhillips' Gross Profit Margin and Pretax Profit Margin is 0.96. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of ConocoPhillips, assuming nothing else is changed. The correlation between historical values of ConocoPhillips' Gross Profit Margin and Pretax Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of ConocoPhillips are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Gross Profit Margin i.e., ConocoPhillips' Gross Profit Margin and Pretax Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit Margin
Pretax Profit Margin
Most indicators from ConocoPhillips' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ConocoPhillips current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConocoPhillips. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.At this time, ConocoPhillips' Selling General Administrative is relatively stable compared to the past year. As of 05/28/2024, Tax Provision is likely to grow to about 5.6 B, while Enterprise Value Over EBITDA is likely to drop 4.19.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 31.1B | 48.5B | 38.2B | 51.0B | EBITDA | 21.2B | 35.6B | 23.5B | 17.6B |
ConocoPhillips fundamental ratios Correlations
Click cells to compare fundamentals
ConocoPhillips Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ConocoPhillips fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 70.5B | 62.6B | 90.7B | 93.8B | 95.9B | 74.6B | |
Short Long Term Debt Total | 14.9B | 15.4B | 19.9B | 16.6B | 19.6B | 15.1B | |
Other Current Liab | 3.7B | 2.0B | 5.7B | 6.3B | 1.8B | 2.1B | |
Total Current Liabilities | 7.0B | 5.4B | 12.0B | 12.8B | 10.0B | 11.0B | |
Total Stockholder Equity | 35.0B | 29.8B | 45.4B | 48.0B | 49.3B | 32.3B | |
Property Plant And Equipment Net | 42.3B | 39.9B | 64.9B | 64.9B | 70.7B | 45.1B | |
Net Debt | 9.8B | 12.4B | 14.9B | 10.2B | 14.0B | 12.6B | |
Retained Earnings | 39.7B | 35.2B | 40.7B | 53.0B | 59.3B | 62.2B | |
Cash | 5.1B | 3.0B | 5.0B | 6.5B | 5.6B | 5.9B | |
Non Current Assets Total | 53.6B | 50.6B | 74.6B | 75.1B | 81.6B | 62.1B | |
Non Currrent Assets Other | 2.6B | 2.6B | 2.6B | (4.2B) | 1.1B | 1.2B | |
Cash And Short Term Investments | 10.2B | 7.9B | 6.6B | 9.2B | 6.6B | 6.9B | |
Net Receivables | 3.4B | 2.8B | 6.7B | 7.1B | 5.5B | 5.9B | |
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.3B | 1.3B | 1.2B | 1.1B | |
Liabilities And Stockholders Equity | 70.5B | 62.6B | 90.7B | 93.8B | 95.9B | 74.6B | |
Non Current Liabilities Total | 28.4B | 27.4B | 33.2B | 33.0B | 36.6B | 31.1B | |
Inventory | 1.0B | 1.0B | 1.2B | 1.2B | 1.4B | 2.0B | |
Other Current Assets | 2.3B | 454M | 1.6B | 1.2B | 852M | 1.4B | |
Other Stockholder Equity | 578M | (164M) | 9.7B | 953M | (4.3B) | (4.1B) | |
Total Liab | 35.5B | 32.8B | 45.3B | 45.8B | 46.6B | 42.0B | |
Property Plant And Equipment Gross | 42.3B | 39.9B | 129.6B | 131.5B | 144.4B | 151.6B | |
Total Current Assets | 16.9B | 12.1B | 16.1B | 18.7B | 14.3B | 12.5B | |
Accumulated Other Comprehensive Income | (5.4B) | (5.2B) | (5.0B) | (6B) | (5.7B) | (6.0B) | |
Short Term Debt | 105M | 619M | 1.2B | 417M | 1.3B | 766.6M | |
Accounts Payable | 3.2B | 2.7B | 5.0B | 6.2B | 5.1B | 6.9B | |
Other Liab | 13.0B | 12.7B | 14.5B | 16.4B | 18.8B | 14.4B | |
Other Assets | 2.0B | 2.6B | 2.6B | 2.0B | 2.1B | 1.3B | |
Long Term Debt | 14.8B | 14.8B | 18.7B | 16.2B | 17.9B | 21.5B | |
Treasury Stock | (46.4B) | (47.3B) | (50.9B) | (60.2B) | (54.2B) | (51.5B) | |
Property Plant Equipment | 42.3B | 39.9B | 64.9B | 64.9B | 74.6B | 66.6B | |
Net Tangible Assets | 35.0B | 29.8B | 45.4B | 48.0B | 43.2B | 36.3B | |
Retained Earnings Total Equity | 39.7B | 35.2B | 40.7B | 53.0B | 61.0B | 42.7B | |
Short Term Investments | 5.1B | 4.9B | 1.6B | 2.8B | 971M | 1.9B | |
Long Term Debt Total | 14.8B | 14.8B | 18.7B | 16.2B | 14.6B | 16.1B | |
Capital Surpluse | 47.0B | 47.1B | 60.6B | 61.1B | 70.3B | 52.8B |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConocoPhillips. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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When running ConocoPhillips' price analysis, check to measure ConocoPhillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConocoPhillips is operating at the current time. Most of ConocoPhillips' value examination focuses on studying past and present price action to predict the probability of ConocoPhillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConocoPhillips' price. Additionally, you may evaluate how the addition of ConocoPhillips to your portfolios can decrease your overall portfolio volatility.
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Is ConocoPhillips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConocoPhillips. If investors know ConocoPhillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConocoPhillips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.1) | Dividend Share 4.18 | Earnings Share 8.83 | Revenue Per Share 47.661 | Quarterly Revenue Growth (0.07) |
The market value of ConocoPhillips is measured differently than its book value, which is the value of ConocoPhillips that is recorded on the company's balance sheet. Investors also form their own opinion of ConocoPhillips' value that differs from its market value or its book value, called intrinsic value, which is ConocoPhillips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConocoPhillips' market value can be influenced by many factors that don't directly affect ConocoPhillips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConocoPhillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConocoPhillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConocoPhillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.