TotalEnergies SE (TTE) Net Margin (2009 - 2026)
TotalEnergies SE's (TTE) quarterly Net Margin came in at 8.8% in Q2 2026, up 339.0% on a YoY basis from 2.01% in Q2 2025, and down 17.93% quarter-over-quarter from 10.73% in Q1 2026.
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TotalEnergies SE (TTE) Net Margin (2009 - 2026) Analysis & Trends
TotalEnergies SE (TTE) has reported Net Margin for 18 consecutive years, with 8.8% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 339.0% year-over-year to 8.8%; the trailing twelve-month figure through Jun 2026 stood at 8.29% (down 363.0% YoY), and the FY2025 full-year result was 6.52%, down 82.0% from the prior year.
- Net Margin eased to 8.8% in Q2 2026 per TTE's latest filing, from 10.73% in the prior quarter.
- Across five years, Net Margin topped out at 36.1% in Q4 2023 and bottomed at 4.41% in Q3 2024.
- Historically, Net Margin has averaged 11.95% across 5 years, with a median of 8.21% in 2022.
- The sharpest annual moves came in 2023 and 2025: Net Margin jumped 617 bps in 2023, then tumbled 2427 bps in 2025.
- Over 5 years, Net Margin stood at 29.93% in 2022, then rose by 21 bps to 36.1% in 2023, then dropped by 17 bps to 30.01% in 2024, then sank by 81 bps to 5.74% in 2025, then surged by 53 bps to 8.8% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 8.8%, 10.73%, and 5.74% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 413.73 Bn | 410.87 Bn | 33.45 Bn | 17.41% |
| 2 | Shell | 269.64 Bn | 229.78 Bn | 30.13 Bn | 11.43% |
| 3 | TotalEnergies SE | 200.34 Bn | 171.16 Bn | 23.46 Bn | 8.80% |
| 4 | Eni Spa | 171.91 Bn | 162.06 Bn | - | 14.64% |
| 5 | Equinor Asa | 110.26 Bn | 101.00 Bn | - | 9.17% |
| 6 | Phillips 66 | 108.93 Bn | 106.03 Bn | 8.38 Bn | 7.45% |
| 7 | Suncor Energy | 82.82 Bn | 77.45 Bn | 17.50 Bn | 19.26% |
| 8 | Imperial Oil | 62.85 Bn | 60.80 Bn | - | 13.63% |
| 9 | Cenovus Energy | 61.44 Bn | 59.48 Bn | 7.32 Bn | 8.58% |
| 10 | Occidental Petroleum | 58.81 Bn | 55.30 Bn | 7.73 Bn | 34.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.80% |
| Mar 31, 2026 | 10.73% |
| Dec 31, 2025 | 5.74% |
| Sep 30, 2025 | 7.56% |
| Jun 30, 2025 | 5.41% |
| Mar 31, 2025 | 7.37% |
| Dec 31, 2024 | 30.01% |
| Sep 30, 2024 | 4.41% |
| Jun 30, 2024 | 7.05% |
| Mar 31, 2024 | 10.17% |
| Dec 31, 2023 | 36.10% |
| Sep 30, 2023 | 11.31% |
| Jun 30, 2023 | 7.26% |
| Mar 31, 2023 | 8.88% |
| Dec 31, 2022 | 29.93% |
| Sep 30, 2022 | 9.60% |
| Jun 30, 2022 | 7.61% |
| Mar 31, 2022 | 7.21% |
| Dec 31, 2021 | 28.99% |
| Sep 30, 2021 | 7.01% |