Baytex Energy annual operating margin
2022
2023
2024
2025
Baytex Energy Operating Margin Growth & History (BTE)
Baytex Energy's operating margin was 15.28% for fiscal 2025.
View full Baytex Energy company overviewBaytex Energy annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 15.28% | −6.86 pp |
| 2024 | 2024-12-31 | 22.14% | −1.57 pp |
| 2023 | 2023-12-31 | 23.71% | −17.27 pp |
| 2022 | 2022-12-31 | 40.97% | — |
Baytex Energy quarterly operating margin
Q2.25
Q3.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 31.72% | +19.14 pp |
| Q1 2026 | 2026-03-31 | 10.27% | — |
| Q3 2025 | 2025-09-30 | 14.49% | — |
| Q2 2025 | 2025-06-30 | 12.59% | — |
Baytex Energy operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Baytex Energy's operating margin decreased from 40.97% to 15.28%, a change of −25.69 percentage points. The latest reported quarter, Q2 2026, shows 31.72%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Baytex Energy source filings ↗