Vista Energy, S.A.B. de C.V (VIST) Operating Margin (2018 - 2026)
Vista Energy, S.A.B. de C.V (VIST) recorded Operating Margin of 45.72% in Q3 2026, down 30.11 percentage points from 75.82% a year earlier but up 1.90 percentage points from the prior quarter.
Vista Energy, S.A.B. de C.V (VIST) Operating Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Vista Energy, S.A.B. de C.V's Operating Margin came in at 37.87% as of Sep 30, 2026, down 14.57 percentage points year-over-year; for FY2025, it came in at 50.55%, up 12.60 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +76.11 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 37.95% in FY2024 (-16.08 pp), 54.03% in FY2023 (+9.48 pp), 44.55% in FY2022 (+12.91 pp) and 31.65% in FY2021 (+57.20 pp).
- Quarterly Operating Margin has ranged from 0.05% in Q2 2022 to 75.82% in Q3 2025 over the past five years.
- On a year-over-year basis, Operating Margin has declined for three consecutive quarters, with an average year-over-year change of -4.94 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 64.26 percentage points in Q4 2021, against a drop of 30.93 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 43.82% (Q2 2026), 24.92% (Q1 2026) and 29.59% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 18.93% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 20.54% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 39.66% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 7.15% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 50.83% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 36.02% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 78.41% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 14.27% |
| 10 | Vista Energy, S.A.B. de C.V | 5.82 Bn | 3.47 Bn | 695.26 Mn | 45.72% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 45.72% |
| Jun 30, 2026 | 43.82% |
| Mar 31, 2026 | 24.92% |
| Dec 31, 2025 | 29.59% |
| Sep 30, 2025 | 75.82% |
| Jun 30, 2025 | 59.04% |
| Mar 31, 2025 | 32.43% |
| Dec 31, 2024 | 27.46% |
| Sep 30, 2024 | 40.51% |
| Jun 30, 2024 | 45.27% |
| Mar 31, 2024 | 40.68% |
| Dec 31, 2023 | 57.09% |
| Sep 30, 2023 | 48.11% |
| Jun 30, 2023 | 34.71% |
| Mar 31, 2023 | 71.30% |
| Dec 31, 2022 | 43.25% |
| Sep 30, 2022 | 50.00% |
| Jun 30, 2022 | 0.05% |
| Mar 31, 2022 | 38.48% |
| Dec 31, 2021 | 41.86% |
Vista Energy, S.A.B. de C.V 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=VIST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "VIST", "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=VIST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();