ConocoPhillips (COP) vs Phillips 66 (PSX)

A side-by-side comparison of ConocoPhillips and Phillips 66 across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 1, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnCOP vs PSX

growth of $100 · dividends reinvested · last 14y
COP +246.9%PSX +899.7%PSX compounded faster
02004006008001kStart $1002015201820212024$347$1,000
COP PSX

COP vs PSX: by the numbers

  • COP is the larger company ($146.78B vs $84.87B market cap).
  • COP trades at the lower trailing earnings multiple (20.49 vs 20.86 P/E), one valuation lens rather than an overall verdict.
  • COP converts more revenue to profit (12.56% vs 3.04% net margin).
  • COP grew revenue faster over the past five years (20.71% vs 15.79% CAGR).
  • COP pays the higher dividend yield (2.74% vs 2.33%).

Metrics side by side

Valuation

MetricCOPPSX
P/E ratio20.4920.86
Forward P/E12.5410.08
P/S ratio2.530.63
P/B ratio2.292.99
PEG ratioN/A0.10
EV / EBITDA7.3511.43
FCF yield10.43%0.14%

Profitability

MetricCOPPSX
Gross margin29.18%7.04%
Operating margin18.28%4.67%
Net margin12.56%3.04%
ROE11.34%14.45%
ROIC6.54%4.75%

Dividends

MetricCOPPSX
Dividend yield2.74%2.33%
Payout ratio51.89%45.57%

Growth (annualized)

MetricCOPPSX
Revenue CAGR (5Y)20.71%15.79%
EPS CAGR (5Y)N/A8.08%
FCF CAGR (5Y)97.59%19.54%
Total return CAGR (5Y)20.67%28.36%

Frequently asked

Which has the lower trailing P/E, COP or PSX?
COP has the lower trailing P/E: COP trades at 20.49 and PSX at 20.86. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, COP or PSX?
Over the past five years, COP grew revenue faster — COP at a 20.71% CAGR versus PSX at 15.79%.
Does COP or PSX pay a bigger dividend?
COP yields 2.74% and PSX yields 2.33% based on trailing dividends and the latest price.
Is COP or PSX more profitable?
COP runs the higher net margin — COP at 12.56% versus PSX at 3.04%.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 1, 2026.