TXO Partners (TXO) Net Margin (2022 - 2026)
TXO Partners' Net Margin was -28.39% in Q3 2026, down 32.70 percentage points from 4.31% a year earlier and down 68.67 percentage points from the prior quarter.
Powered by 
Analysis
TXO Partners (TXO) Net Margin (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, TXO Partners' Net Margin was -14.51% through Sep 30, 2026, down 18.98 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.
- Quarterly Net Margin has moved between -687.60% (Q1 2022) and 52.91% (Q1 2023) over five years.
- Compared with a year earlier, Net Margin was higher in three of the last eight quarters, with an average year-over-year change of +14.69 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 Q3 2026 was 40.28% (Q2 2026), -62.18% (Q1 2026) and -22.43% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 13.62% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 588.80% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 14.64% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 12.37% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 13.41% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 19.95% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 8.61% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 19.16% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 10.90% |
| 10 | TXO Partners | 740.21 Mn | 606.84 Mn | 69.33 Mn | -28.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -28.39% |
| 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();