Pampa Energy (PAM) Operating Margin (2009 - 2026)
Pampa Energy (PAM) posted Operating Margin of 24.81% for Q3 2026, down 3.62 percentage points from 28.43% a year earlier and down 11.85 percentage points from the prior quarter.
Pampa Energy (PAM) Operating Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Operating Margin at Pampa Energy was 36.64%; for FY2025, it came in at 25.18%, up 1.72 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of -3.60 percentage points (FY2020 to FY2025).
- In prior years, Pampa Energy's Operating Margin was 23.45% in FY2024 (-6593.69 pp), 6617.15% in FY2023 (+3259.68 pp), 3357.46% in FY2022 (+376.30 pp) and 2981.17% in FY2021 (+2952.39 pp).
- Quarterly Operating Margin has run from a low of 15.38% in Q4 2025 to a high of 50.26% in Q1 2025 over five years.
- On a year-over-year basis, Operating Margin increased in three of the last six quarters, with an average year-over-year change of +1.39 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q1 2022, with a gain of 31.49 percentage points; the weakest was Q4 2023, with a drop of 13.60 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 36.66% (Q2 2026), 41.94% (Q1 2026) and 15.38% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 678.46 Bn | 636.61 Bn | - | - |
| 2 | Shell | 572.35 Bn | 454.96 Bn | - | - |
| 3 | Chevron | 410.31 Bn | 377.35 Bn | 31.26 Bn | 20.54% |
| 4 | TotalEnergies SE | 190.98 Bn | 74.26 Bn | - | - |
| 5 | Eni Spa | 166.41 Bn | 117.77 Bn | - | - |
| 6 | Conocophillips | 163.94 Bn | 136.65 Bn | 12.81 Bn | 53.17% |
| 7 | Equinor Asa | 104.52 Bn | 35.38 Bn | 12.28 Bn | 21.64% |
| 8 | Canadian Natural Resources | 100.46 Bn | 98.53 Bn | - | - |
| 9 | Phillips 66 | 99.08 Bn | 82.87 Bn | 10.69 Bn | 14.27% |
| 10 | Pampa Energy | 3.47 Bn | 1.73 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.81% |
| Jun 30, 2026 | 36.66% |
| Mar 31, 2026 | 41.94% |
| Dec 31, 2025 | 15.38% |
| Sep 30, 2025 | 28.43% |
| Jun 30, 2025 | 24.71% |
| Mar 31, 2025 | 50.26% |
| Sep 30, 2024 | 29.19% |
| Jun 30, 2024 | 24.34% |
| Mar 31, 2024 | 41.56% |
| Dec 31, 2023 | 22.92% |
| Sep 30, 2023 | 34.78% |
| Jun 30, 2023 | 32.03% |
| Mar 31, 2023 | 31.17% |
| Dec 31, 2022 | 36.52% |
| Sep 30, 2022 | 43.57% |
| Jun 30, 2022 | 30.45% |
| Mar 31, 2022 | 32.59% |
| Dec 31, 2021 | 39.01% |
| Sep 30, 2021 | 48.23% |
Pampa Energy 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=PAM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "PAM", "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=PAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();