Baytex Energy (BTE) Net Margin (2009 - 2026)
Baytex Energy's (BTE) quarterly Net Margin came in at 2.73% in Q1 2026, down 1642.0% year-on-year from 0.18% in Q1 2025, and down 93.37% quarter-over-quarter from 41.15% in Q4 2025.
Baytex Energy (BTE) Net Margin (2009 - 2026) Analysis & Trends
Baytex Energy has disclosed Net Margin across 18 years of filings, most recently posting 2.73% for Q1 2026.
- Net Margin for Q1 2026 came in at 2.73%, down 1642.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.58% (down 1400.0% YoY), and the FY2025 annual result was 19.41%, down 4012.0% from the prior year.
- Net Margin came in at 2.73% for Q1 2026 at Baytex Energy, down from 41.15% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 175.15% in Q4 2022 to a low of 47.96% in Q4 2023.
- The 5-year median for Net Margin is 15.9% (2023), against an average of 21.27%.
- Peak annual rise in Net Margin reached 8622 bps in 2022, while the deepest fall reached 22376 bps in 2022.
- Baytex Energy's Net Margin stood at 175.15% in 2022, then tumbled by 127 bps to 47.96% in 2023, then soared by 166 bps to 31.71% in 2024, then rose by 30 bps to 41.15% in 2025, then tumbled by 93 bps to 2.73% in 2026.
- The last three Net Margin figures came in at 2.73% (Q1 2026), 41.15% (Q4 2025), and 5.69% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 0.01% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 13.85% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 28.61% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 60.71% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 3.40% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 20.73% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 45.99% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -843.90% |
| 10 | Baytex Energy | 308.45 | -552.64 Mn | - | 2.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.73% |
| Dec 31, 2025 | 41.15% |
| Sep 30, 2025 | 5.69% |
| Jun 30, 2025 | 19.11% |
| Mar 31, 2025 | 19.14% |
| Dec 31, 2024 | 31.71% |
| Sep 30, 2024 | 20.36% |
| Jun 30, 2024 | 11.18% |
| Mar 31, 2024 | 0.18% |
| Dec 31, 2023 | -47.96% |
| Sep 30, 2023 | 15.90% |
| Jun 30, 2023 | -14.44% |
| Mar 31, 2023 | 14.90% |
| Dec 31, 2022 | 175.15% |
| Sep 30, 2022 | 39.81% |
| Jun 30, 2022 | 26.96% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 88.93% |
| Sep 30, 2021 | 8.79% |
| Jun 30, 2021 | 250.72% |