Cmb.Tech (CMBT) Operating Margin (2013 - 2026)

Cmb.Tech's (CMBT) quarterly Operating Margin came in at 84.6% in Q1 2026, up 9955.3% on a QoQ basis from 0.86% in Q4 2025.

Cmb.Tech (CMBT) Operating Margin (2013 - 2026) Analysis & Trends

Cmb.Tech (CMBT) has 14 years of Operating Margin data on file, last reported at 84.6% in Q1 2026.

Quarterly Operating Margin changed N/A year-over-year to 84.6% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 45.83% (changed N/A YoY) and the FY2025 annual result came in at 29.5%, down 3215.0% from the prior year.
Operating Margin improved to 84.6% in Q1 2026, from 0.86% in the prior quarter.
In the past five years, Operating Margin ranged from a high of 389.7% in Q3 2024 to a low of 62.69% in Q4 2024.
A 5-year average of 77.92% and a median of 57.46% in 2023 frame the typical range for Operating Margin.
Annual changes were most pronounced in 2024 — Operating Margin soared 19452 bps — and 2025, when it tumbled 31360 bps.
Tracing CMBT's Operating Margin over 5 years: stood at 115.54% in 2022, then plunged by 90 bps to 11.59% in 2023, then tumbled by 641 bps to 62.69% in 2024, then jumped by 99 bps to 0.86% in 2025, then jumped by 9955 bps to 84.6% in 2026.
The last three Operating Margin figures came in at 84.6% (Q1 2026), 0.86% (Q4 2025), and 76.11% (Q3 2025), per Business Quant data.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Operating Margin (Qtr)
1	Kinder Morgan	112.69 Bn	112.57 Bn	3.07 Bn	30.06%
2	Enbridge	111.03 Bn	109.54 Bn	5.23 Bn	9.93%
3	Enterprise Products Partners	83.34 Bn	82.44 Bn	-	12.31%
4	Energy Transfer	72.41 Bn	71.38 Bn	7.40 Bn	10.41%
5	Tc Energy	65.97 Bn	58.41 Bn	1.24 Bn	29.84%
6	Oneok	60.11 Bn	59.94 Bn	2.81 Bn	13.22%
7	Mplx	60.04 Bn	59.01 Bn	2.73 Bn	41.61%
8	Targa Resources	59.42 Bn	59.29 Bn	2.14 Bn	27.80%
9	Cheniere Energy	56.10 Bn	54.85 Bn	5.29 Bn	74.84%
10	Cmb.Tech	4.00 Bn	3.80 Bn	518.22 Mn	84.60%

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