Ring Energy (REI) Operating Margin (2010 - 2026)
Ring Energy's Operating Margin came in at 48.03% for Q2 2026, up 19.61 percentage points from 28.42% a year earlier and up 240.54 percentage points from the prior quarter.
Ring Energy (REI) Operating Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ring Energy reported Operating Margin of -53.03%, down 82.72 percentage points year-over-year; for FY2025, it came in at -11.18%, down 47.46 percentage points from FY2024.
- Operating Margin has declined in each of the last three years, though with a five-year change of +226.52 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 36.28% in FY2024 (-4.10 pp), 40.38% in FY2023 (-14.84 pp), 55.22% in FY2022 (+6.44 pp) and 48.78% in FY2021 (+286.48 pp).
- The Q2 2026 figure represents the highest quarterly Operating Margin since Q3 2022.
- Year-over-year, Operating Margin increased in 1 of the last eight quarters, with an average year-over-year change of -52.15 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2021 (a gain of 462.99 percentage points), and the weakest in Q1 2026 (a drop of 220.78 percentage points).
- Business Quant data shows REI's Operating Margin at -192.51% (Q1 2026), -37.63% (Q4 2025) and -69.98% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 28.46% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | -28.44% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 5.19% |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 53.17% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 36.94% |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | -74.35% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 30.46% |
| 10 | Ring Energy | 341.28 Mn | 337.91 Mn | - | 48.03% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.03% |
| Mar 31, 2026 | -192.51% |
| Dec 31, 2025 | -37.63% |
| Sep 30, 2025 | -69.98% |
| Jun 30, 2025 | 28.42% |
| Mar 31, 2025 | 28.27% |
| Dec 31, 2024 | 28.31% |
| Sep 30, 2024 | 33.44% |
| Jun 30, 2024 | 42.18% |
| Mar 31, 2024 | 39.80% |
| Dec 31, 2023 | 40.92% |
| Sep 30, 2023 | 42.24% |
| Jun 30, 2023 | 37.38% |
| Mar 31, 2023 | 40.47% |
| Dec 31, 2022 | 45.97% |
| Sep 30, 2022 | 56.74% |
| Jun 30, 2022 | 63.74% |
| Mar 31, 2022 | 56.01% |
| Dec 31, 2021 | 53.41% |
| Sep 30, 2021 | 49.39% |
Ring 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=REI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "REI", "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=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();