Via Renewables (VIASP) Operating Margin (2013 - 2026)
Via Renewables' Operating Margin was 3.03% in Q1 2026, down 14.44 percentage points from 17.46% a year earlier and down 12.13 percentage points from the prior quarter.
Via Renewables (VIASP) Operating Margin (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Via Renewables' Operating Margin was 6.98% through Mar 31, 2026, down 12.53 percentage points year-over-year; for FY2025, it was 11.55%, down 9.55 percentage points from FY2024.
- Operating Margin shows a five-year change of -4.43 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 21.10% in FY2024 (+10.43 pp), 10.68% in FY2023 (+5.30 pp), 5.38% in FY2022 (+4.26 pp) and 1.12% in FY2021 (-14.86 pp).
- The Q1 2026 figure marks the lowest quarterly Operating Margin since Q1 2023.
- Compared with a year earlier, Operating Margin has declined for five straight quarters, with an average year-over-year change of -5.96 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q1 2022 (a gain of 54.56 percentage points); the worst was Q4 2021 (a drop of 51.28 percentage points).
- Per Business Quant data, VIASP's Operating Margin in the three quarters before Q1 2026 was 15.16% (Q4 2025), 3.15% (Q3 2025) and 6.72% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Valero Energy | 111.70 Bn | 91.91 Bn | 5.47 Bn | 11.68% |
| 2 | Marathon Petroleum | 111.10 Bn | 101.50 Bn | 9.27 Bn | 13.99% |
| 3 | HF Sinclair | 19.09 Bn | 13.31 Bn | 1.57 Bn | 11.24% |
| 4 | Sunoco | 9.98 Bn | 4.36 Bn | 1.46 Bn | 4.09% |
| 5 | PBF Energy | 9.19 Bn | 6.88 Bn | 1.15 Bn | 10.89% |
| 6 | Ultrapar Holdings | 7.82 Bn | 1.60 Bn | 912.61 Mn | - |
| 7 | Cvr Energy | 5.13 Bn | 2.92 Bn | 117.00 Mn | 2.85% |
| 8 | Icahn Enterprises | 4.80 Bn | -958.32 Mn | - | - |
| 9 | Delek US Holdings | 4.37 Bn | 2.10 Bn | 365.10 Mn | 7.40% |
| 10 | Via Renewables | 241.28 Mn | 84.09 Mn | 26.41 Mn | 3.03% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 3.03% |
| Dec 31, 2025 | 15.16% |
| Sep 30, 2025 | 3.15% |
| Jun 30, 2025 | 6.72% |
| Mar 31, 2025 | 17.46% |
| Dec 31, 2024 | 31.46% |
| Sep 30, 2024 | 5.33% |
| Jun 30, 2024 | 23.79% |
| Mar 31, 2024 | 22.55% |
| Dec 31, 2023 | 5.52% |
| Sep 30, 2023 | 18.36% |
| Jun 30, 2023 | 29.28% |
| Mar 31, 2023 | -4.66% |
| Dec 31, 2022 | -23.45% |
| Sep 30, 2022 | -2.46% |
| Jun 30, 2022 | 17.38% |
| Mar 31, 2022 | 29.93% |
| Dec 31, 2021 | -40.67% |
| Sep 30, 2021 | 43.67% |
| Jun 30, 2021 | 36.38% |
Via Renewables Operating 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=operating-margin&ticker=VIASP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=VIASP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();