Baytex Energy (BTE) Net Margin (2009 - 2026)
Baytex Energy's Net Margin was 26.45% in the quarter ended Sep 30, 2026, up 19.15 percentage points from 7.30% a year earlier but down 0.87 percentage points from the prior quarter.
Baytex Energy (BTE) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Baytex Energy's Net Margin was -28.19% through Sep 30, 2026, down 37.44 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -35.84%, down 48.46 percentage points from the prior year.
- Net Margin shows a five-year change of -4.00 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Net Margin was 12.62% in the year ended Dec 31, 2024 (+19.52 pp), -6.90% in the year ended Dec 31, 2023 (-14.43 pp), 7.54% in the year ended Dec 31, 2022 (+5.38 pp) and 2.15% in the year ended Dec 31, 2021 (+33.99 pp).
- Quarterly Net Margin has moved between -224.58% (the quarter ended Dec 31, 2025) and 54.36% (the quarter ended Dec 31, 2022) over five years.
- Compared with a year earlier, Net Margin was higher in four of the last eight quarters, with an average year-over-year change of -18.99 percentage points.
- The best year-over-year quarter for Net Margin over five years was the quarter ended Dec 31, 2022 (a gain of 226.60 percentage points); the worst was the quarter ended Dec 31, 2021 (a drop of 1177.89 percentage points).
- Per Business Quant data, BTE's Net Margin in the three quarters before the quarter ended Sep 30, 2026 was 27.33% (quarter ended Jun 30, 2026), -14.86% (quarter ended Mar 31, 2026) and -224.58% (quarter ended Dec 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 13.62% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 588.80% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 14.64% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 12.37% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 13.41% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 19.95% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 8.61% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 19.16% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 10.90% |
| 10 | Baytex Energy | 3.34 Bn | 1.13 Bn | - | 26.45% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.45% |
| Jun 30, 2026 | 27.33% |
| Mar 31, 2026 | -14.86% |
| Dec 31, 2025 | -224.58% |
| Sep 30, 2025 | 7.30% |
| Jun 30, 2025 | 36.87% |
| Mar 31, 2025 | 15.32% |
| Dec 31, 2024 | -3.78% |
| Sep 30, 2024 | 17.24% |
| Jun 30, 2024 | 9.17% |
| Mar 31, 2024 | -1.43% |
| Dec 31, 2023 | -58.73% |
| Sep 30, 2023 | 10.96% |
| Jun 30, 2023 | 35.67% |
| Mar 31, 2023 | 9.36% |
| Dec 31, 2022 | 54.36% |
| Sep 30, 2022 | 37.21% |
| Jun 30, 2022 | 21.19% |
| Mar 31, 2022 | -3.07% |
| Dec 31, 2021 | -172.24% |
Baytex Energy Net 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=net-margin&ticker=BTE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=BTE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();