TXO Partners (TXO) Net Margin (2022 - 2026)
TXO Partners' Net Margin was 40.28% in Q2 2026, up 40.43 percentage points from -0.15% a year earlier and up 102.46 percentage points from the prior quarter.
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Analysis
TXO Partners (TXO) Net Margin (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, TXO Partners' Net Margin was -7.53% through Jun 30, 2026, down 11.22 percentage points year-over-year; for FY2025, it came in at -5.39%, down 13.62 percentage points from FY2024.
- Net Margin shows a four-year change of -28.37 percentage points (FY2021 to FY2025).
- In earlier years, Net Margin was 8.23% in FY2024 (+35.55 pp), -27.31% in FY2023 (-24.20 pp), -3.11% in FY2022 (-26.09 pp) and 22.98% in FY2021.
- The Q2 2026 figure marks the highest quarterly Net Margin since Q1 2023.
- Compared with a year earlier, Net Margin was higher in three of the last eight quarters, with an average year-over-year change of +17.30 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q1 2023 (a gain of 740.51 percentage points); the worst was Q4 2023 (a drop of 158.04 percentage points).
- Per Business Quant data, TXO's Net Margin in the three quarters before Q2 2026 was -62.18% (Q1 2026), -22.43% (Q4 2025) and 4.31% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 11.43% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 17.23% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 8.80% |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 13.62% |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 20.14% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 9.17% |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 7.39% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 30.55% |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 21.33% |
| 10 | TXO Partners | 790.11 Mn | 660.07 Mn | - | 40.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.28% |
| Mar 31, 2026 | -62.18% |
| Dec 31, 2025 | -22.43% |
| Sep 30, 2025 | 4.31% |
| Jun 30, 2025 | -0.15% |
| Mar 31, 2025 | 2.58% |
| Dec 31, 2024 | 11.12% |
| Sep 30, 2024 | 0.30% |
| Jun 30, 2024 | 4.90% |
| Mar 31, 2024 | 15.22% |
| Dec 31, 2023 | -210.64% |
| Sep 30, 2023 | 12.13% |
| Jun 30, 2023 | -4.21% |
| Mar 31, 2023 | 52.91% |
| Dec 31, 2022 | -52.60% |
| Sep 30, 2022 | 46.16% |
| Jun 30, 2022 | 26.36% |
| Mar 31, 2022 | -687.60% |
API Access
TXO Partners Net 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=net-margin&ticker=TXO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "TXO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=TXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();