Eni Spa (E) Operating Margin (2009 - 2026)
Eni Spa (E) reported Operating Margin of 7.15% for Q3 2026, up 2.70 percentage points from 4.45% a year earlier but down 8.36 percentage points from the prior quarter.
Eni Spa (E) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Eni Spa's Operating Margin came in at 8.89%, up 6.92 percentage points year-over-year; for FY2025, it was 5.99%, up 0.25 percentage points from FY2024.
- Operating Margin has a five-year change of +13.28 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 5.74% in FY2024 (-2.97 pp), 8.71% in FY2023 (-4.39 pp), 13.10% in FY2022 (-2.77 pp) and 15.87% in FY2021 (+23.15 pp).
- Five-year quarterly Operating Margin spans a low of -1.56% in Q4 2024 and a high of 21.02% in Q4 2021.
- Year over year, Operating Margin has now increased in each of the last four quarters, with an average year-over-year change of +0.91 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was Q4 2021 (a gain of 18.67 percentage points); the low point was Q4 2022 (a drop of 22.35 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 15.51% (Q2 2026), 12.05% (Q1 2026) and 0.84% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 779.83 Bn | 736.31 Bn | - | - |
| 2 | Chevron | 463.69 Bn | 435.81 Bn | 33.45 Bn | -28.44% |
| 3 | Shell | 319.66 Bn | 179.93 Bn | - | - |
| 4 | TotalEnergies SE | 208.05 Bn | 79.13 Bn | 31,614.00 | -7,653,464.41% |
| 5 | Conocophillips | 186.47 Bn | 159.17 Bn | 12.81 Bn | 53.17% |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - | 36.02% |
| 7 | Canadian Natural Resources | 117.10 Bn | 114.11 Bn | 8.84 Bn | 81.91% |
| 8 | Phillips 66 | 111.73 Bn | 95.51 Bn | 10.69 Bn | 14.27% |
| 9 | Suncor Energy | 96.42 Bn | 82.16 Bn | - | 3.43% |
| 10 | Eni Spa | 91.57 Bn | 31.21 Bn | - | 7.15% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.15% |
| Jun 30, 2026 | 5.19% |
| Mar 31, 2026 | 12.05% |
| Dec 31, 2025 | 0.84% |
| Sep 30, 2025 | 10.09% |
| Jun 30, 2025 | 2.79% |
| Mar 31, 2025 | 2.98% |
| Dec 31, 2024 | -1.56% |
| Sep 30, 2024 | 6.47% |
| Jun 30, 2024 | 6.86% |
| Mar 31, 2024 | 11.52% |
| Dec 31, 2023 | 3.43% |
| Sep 30, 2023 | 13.80% |
| Jun 30, 2023 | 8.89% |
| Mar 31, 2023 | 9.18% |
| Dec 31, 2022 | -1.33% |
| Sep 30, 2022 | 17.60% |
| Jun 30, 2022 | 18.77% |
| Mar 31, 2022 | 16.47% |
| Dec 31, 2021 | 21.02% |
Eni Spa Operating 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=operating-margin&ticker=E&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "E", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=E&period=max&api_key=YOUR_API_KEY");
const data = await res.json();