Via Renewables (VIASP) Net Margin (2013 - 2026)
Via Renewables (VIASP) recorded Net Margin of 0.29% in Q1 2026, down 4.26 percentage points from 4.55% a year earlier and down 3.46 percentage points from the prior quarter.
Via Renewables (VIASP) Net Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Via Renewables' Net Margin came in at 0.84% as of Mar 31, 2026, down 3.52 percentage points year-over-year; for FY2025, it came in at 2.17%, down 2.35 percentage points from FY2024.
- Annual Net Margin has a five-year change of -1.41 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 4.52% in FY2024 (+3.51 pp), 1.00% in FY2023 (+1.10 pp), -0.10% in FY2022 (+0.93 pp) and -1.03% in FY2021 (-4.61 pp).
- Quarterly Net Margin has ranged from -15.99% in Q4 2021 to 13.16% in Q3 2021 over the past five years.
- On a year-over-year basis, Net Margin has declined for five consecutive quarters, with an average year-over-year change of -1.18 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 17.08 percentage points in Q1 2022, against a drop of 16.08 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.74% (Q4 2025), -1.50% (Q3 2025) and 0.38% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Valero Energy | 111.70 Bn | 91.91 Bn | 5.47 Bn | 8.36% |
| 2 | Marathon Petroleum | 111.10 Bn | 101.50 Bn | 9.27 Bn | 9.82% |
| 3 | HF Sinclair | 19.09 Bn | 13.31 Bn | 1.57 Bn | 8.59% |
| 4 | Sunoco | 9.98 Bn | 4.36 Bn | 1.46 Bn | 1.98% |
| 5 | PBF Energy | 9.19 Bn | 6.88 Bn | 1.15 Bn | 7.76% |
| 6 | Ultrapar Holdings | 7.82 Bn | 1.60 Bn | 912.61 Mn | - |
| 7 | Cvr Energy | 5.13 Bn | 2.92 Bn | 117.00 Mn | -0.11% |
| 8 | Icahn Enterprises | 4.80 Bn | -958.32 Mn | - | -12.59% |
| 9 | Delek US Holdings | 4.37 Bn | 2.10 Bn | 365.10 Mn | 4.15% |
| 10 | Via Renewables | 241.28 Mn | 84.09 Mn | 26.41 Mn | 0.29% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.29% |
| Dec 31, 2025 | 3.74% |
| Sep 30, 2025 | -1.50% |
| Jun 30, 2025 | 0.38% |
| Mar 31, 2025 | 4.55% |
| Dec 31, 2024 | 7.49% |
| Sep 30, 2024 | -0.61% |
| Jun 30, 2024 | 5.66% |
| Mar 31, 2024 | 5.14% |
| Dec 31, 2023 | -3.01% |
| Sep 30, 2023 | 4.36% |
| Jun 30, 2023 | 5.84% |
| Mar 31, 2023 | -2.07% |
| Dec 31, 2022 | -9.80% |
| Sep 30, 2022 | -2.45% |
| Jun 30, 2022 | 3.01% |
| Mar 31, 2022 | 8.61% |
| Dec 31, 2021 | -15.99% |
| Sep 30, 2021 | 13.16% |
| Jun 30, 2021 | 10.37% |
Via Renewables 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=VIASP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "VIASP", "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=VIASP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();