Vermilion Energy (VET) Gross Margin (2009 - 2026)
Vermilion Energy (VET) recorded Gross Margin of 97.40% in Q3 2026, down 1.02 percentage points from the prior quarter.
Vermilion Energy (VET) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Vermilion Energy's Gross Margin came in at 0.14% as of Sep 30, 2026; for FY2025, it came in at 96.40%, up 2.41 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +96.31 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 94.00% in FY2024 (+2.81 pp), 91.18% in FY2023 (-1.65 pp), 92.83% in FY2022 (+0.04 pp) and 92.79% in FY2021 (+92.70 pp).
- The Q3 2026 figure is the lowest quarterly Gross Margin since Q2 2025.
- On a year-over-year basis, Gross Margin rose in four of the last five quarters, with an average year-over-year change of -15.88 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 92.41 percentage points in Q4 2023, against a drop of 92.38 percentage points in Q4 2024 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 41.92% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 46.11% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 47.31% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 62.99% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 13.53% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 83.69% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 20.76% |
| 10 | Vermilion Energy | 1.68 Bn | 1.68 Bn | 424.20 Bn | 100.00% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 100.00% |
| Jun 30, 2026 | 98.43% |
| Mar 31, 2026 | 98.87% |
| Dec 31, 2025 | 100.00% |
| Sep 30, 2025 | 100.00% |
| Jun 30, 2025 | 93.58% |
| Mar 31, 2025 | 100.00% |
| Sep 30, 2024 | 100.00% |
| Jun 30, 2024 | 99.99% |
| Mar 31, 2024 | 99.99% |
| Dec 31, 2023 | 99.99% |
| Sep 30, 2023 | 99.99% |
| Jun 30, 2023 | 99.99% |
| Mar 31, 2023 | 99.99% |
| Dec 31, 2022 | 99.99% |
| Sep 30, 2022 | 99.99% |
| Jun 30, 2022 | 99.99% |
| Mar 31, 2022 | 99.99% |
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 99.99% |
Vermilion Energy Gross 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=gross-margin&ticker=VET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();