W&T Offshore (WTI) Net Margin (2009 - 2026)
W&T Offshore's Net Margin was -8.17% in Q3 2026, up 47.88 percentage points from -56.05% a year earlier but down 15.89 percentage points from the prior quarter.
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Analysis
W&T Offshore (WTI) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, W&T Offshore's Net Margin was -8.44% through Sep 30, 2026, up 20.82 percentage points year-over-year; for FY2025, it came in at -29.92%, down 13.33 percentage points from FY2024.
- Net Margin has now declined for three consecutive years, with a five-year change of -40.83 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -16.59% in FY2024 (-19.52 pp), 2.93% in FY2023 (-22.17 pp), 25.10% in FY2022 (+32.53 pp) and -7.43% in FY2021 (-18.34 pp).
- Quarterly Net Margin has moved between -56.05% (Q3 2025) and 45.08% (Q2 2022) over five years.
- Compared with a year earlier, Net Margin has increased for three straight quarters, with an average year-over-year change of +1.49 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q2 2022 (a gain of 83.98 percentage points); the worst was Q2 2023 (a drop of 54.68 percentage points).
- Per Business Quant data, WTI's Net Margin in the three quarters before Q3 2026 was 7.72% (Q2 2026), -15.02% (Q1 2026) and -22.29% (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 | W&T Offshore | 520.45 Mn | -93.03 Mn | 55.31 Mn | -8.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -8.17% |
| Jun 30, 2026 | 7.72% |
| Mar 31, 2026 | -15.02% |
| Dec 31, 2025 | -22.29% |
| Sep 30, 2025 | -56.05% |
| Jun 30, 2025 | -17.07% |
| Mar 31, 2025 | -23.54% |
| Dec 31, 2024 | -19.41% |
| Sep 30, 2024 | -30.42% |
| Jun 30, 2024 | -10.78% |
| Mar 31, 2024 | -8.15% |
| Dec 31, 2023 | -0.33% |
| Sep 30, 2023 | 1.51% |
| Jun 30, 2023 | -9.60% |
| Mar 31, 2023 | 19.74% |
| Dec 31, 2022 | 22.90% |
| Sep 30, 2022 | 25.04% |
| Jun 30, 2022 | 45.08% |
| Mar 31, 2022 | -1.29% |
| Dec 31, 2021 | 29.53% |
API Access
W&T Offshore 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=WTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "WTI", "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=WTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();