Pampa Energy annual operating margin
2017
2018
2019
2020
2021
2022
2023
2024
2025
Pampa Energy Operating Margin Growth & History (PAM)
Pampa Energy's operating margin was 16.62% for fiscal 2025.
View full Pampa Energy company overviewPampa Energy annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 16.62% | −6.84 pp |
| 2024 | 2024-12-31 | 23.45% | −1.03 pp |
| 2023 | 2023-12-31 | 24.48% | −10.02 pp |
| 2022 | 2022-12-31 | 34.50% | −3.90 pp |
| 2021 | 2021-12-31 | 38.40% | +15.75 pp |
| 2020 | 2020-12-31 | 22.65% | −11.83 pp |
| 2019 | 2019-12-31 | 34.48% | −8.56 pp |
| 2018 | 2018-12-31 | 43.04% | +26.12 pp |
| 2017 | 2017-12-31 | 16.92% | — |
Pampa Energy quarterly operating margin
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 25.20% | +7.51 pp |
| Q1 2026 | 2026-03-31 | 18.67% | — |
| Q4 2025 | 2025-12-31 | 4.54% | — |
| Q3 2025 | 2025-09-30 | 25.89% | — |
| Q2 2025 | 2025-06-30 | 17.70% | — |
Pampa Energy operating margin trends
Over the last five fiscal years, Pampa Energy's operating margin decreased from 22.65% to 16.62%, a change of −6.03 percentage points. The latest reported quarter, Q2 2026, shows 25.20%.
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 Pampa Energy source filings ↗