KPIs & Operating Metrics(New)
Growth Metrics

Northern Oil & Gas (NOG) Operating Margin (2016 - 2025)

Northern Oil & Gas has reported Operating Margin over the past 15 years, most recently at 5.55% for Q4 2025.

  • Quarterly results put Operating Margin at 5.55% for Q4 2025, down 3130.0% from a year ago — trailing twelve months through Dec 2025 was 9.93% (down 2771.0% YoY), and the annual figure for FY2025 was 9.93%, down 2771.0%.
  • Operating Margin for Q4 2025 was 5.55% at Northern Oil & Gas, up from 22.59% in the prior quarter.
  • Over the last five years, Operating Margin for NOG hit a ceiling of 76.38% in Q3 2022 and a floor of 574.2% in Q1 2022.
  • Median Operating Margin over the past 5 years was 31.92% (2024), compared with a mean of 14.46%.
  • Peak annual rise in Operating Margin hit 166912bps in 2021, while the deepest fall reached -37797bps in 2021.
  • Northern Oil & Gas' Operating Margin stood at 59.62% in 2021, then fell by -24bps to 45.23% in 2022, then skyrocketed by 35bps to 61.0% in 2023, then plummeted by -58bps to 25.76% in 2024, then plummeted by -122bps to 5.55% in 2025.
  • The last three reported values for Operating Margin were 5.55% (Q4 2025), 22.59% (Q3 2025), and 24.92% (Q2 2025) per Business Quant data.