Baytex Energy (BTE) EBITDA Margin (2009 - 2026)
Baytex Energy (BTE) recorded EBITDA Margin of 55.22% in the quarter ended Sep 30, 2026, down 19.08 percentage points from 74.30% a year earlier but up 0.94 percentage points from the prior quarter.
Baytex Energy (BTE) EBITDA Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Baytex Energy's EBITDA Margin came in at 51.33% as of Sep 30, 2026, up 4.04 percentage points year-over-year; for the year ended Dec 31, 2025, it was 85.10%, down 1.03 percentage points from the prior year.
- Annual EBITDA Margin has a five-year change of +288.85 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, EBITDA Margin came in at 86.13% in the year ended Dec 31, 2024 (+64.74 pp), 21.39% in the year ended Dec 31, 2023 (-82.65 pp), 104.04% in the year ended Dec 31, 2022 (-17.50 pp) and 121.54% in the year ended Dec 31, 2021 (+325.29 pp).
- Quarterly EBITDA Margin has ranged from -43.94% in the quarter ended Dec 31, 2023 to 123.60% in the quarter ended Dec 31, 2021 over the past five years.
- On a year-over-year basis, EBITDA Margin has declined for three consecutive quarters, with an average year-over-year change of +13.25 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 98.70 percentage points in the quarter ended Dec 31, 2025, against a drop of 234.50 percentage points in the quarter ended Jun 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 54.28% (quarter ended Jun 30, 2026), 3.07% (quarter ended Mar 31, 2026) and 98.43% (quarter ended Dec 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 24.94% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 1,326.59% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 29.80% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 46.16% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 13.16% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 65.81% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 45.38% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 91.50% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 15.42% |
| 10 | Baytex Energy | 3.34 Bn | 1.13 Bn | - | 55.22% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 55.22% |
| Jun 30, 2026 | 54.28% |
| Mar 31, 2026 | 3.07% |
| Dec 31, 2025 | 98.43% |
| Sep 30, 2025 | 74.30% |
| Jun 30, 2025 | 110.21% |
| Mar 31, 2025 | 70.54% |
| Dec 31, 2024 | -0.27% |
| Sep 30, 2024 | 58.64% |
| Jun 30, 2024 | 48.79% |
| Mar 31, 2024 | 41.54% |
| Dec 31, 2023 | -43.94% |
| Sep 30, 2023 | 48.50% |
| Jun 30, 2023 | 41.29% |
| Mar 31, 2023 | 107.17% |
| Dec 31, 2022 | 82.34% |
| Sep 30, 2022 | 63.77% |
| Jun 30, 2022 | 45.82% |
| Mar 31, 2022 | 23.07% |
| Dec 31, 2021 | 123.60% |
Baytex Energy EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BTE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "BTE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BTE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();