W&T Offshore annual operating margin
2009
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2025
W&T Offshore Operating Margin Growth & History (WTI)
W&T Offshore's operating margin was −10.53% for fiscal 2025.
View full W&T Offshore company overviewW&T Offshore annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −10.53% | −2.50 pp |
| 2024 | 2024-12-31 | −8.03% | −13.57 pp |
| 2023 | 2023-12-31 | 5.54% | −43.77 pp |
| 2022 | 2022-12-31 | 49.30% | +15.31 pp |
| 2021 | 2021-12-31 | 33.99% | +33.76 pp |
| 2020 | 2020-12-31 | 0.23% | −21.93 pp |
| 2019 | 2019-12-31 | 22.16% | −20.38 pp |
| 2018 | 2018-12-31 | 42.54% | +19.97 pp |
| 2017 | 2017-12-31 | 22.57% | +105.22 pp |
| 2016 | 2016-12-31 | −82.64% | +143.21 pp |
| 2015 | 2015-12-31 | −225.86% | −232.40 pp |
| 2014 | 2014-12-31 | 6.54% | −8.37 pp |
| 2013 | 2013-12-31 | 14.91% | −4.45 pp |
| 2012 | 2012-12-31 | 19.36% | −14.57 pp |
| 2011 | 2011-12-31 | 33.93% | +10.30 pp |
| 2010 | 2010-12-31 | 23.63% | +59.62 pp |
| 2009 | 2009-12-31 | −35.98% | — |
W&T Offshore quarterly operating margin
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 13.92% | +24.42 pp |
| Q1 2026 | 2026-03-31 | 9.76% | +16.10 pp |
| Q4 2025 | 2025-12-31 | −15.69% | −1.57 pp |
| Q3 2025 | 2025-09-30 | −9.89% | +5.74 pp |
| Q2 2025 | 2025-06-30 | −10.50% | −6.14 pp |
| Q1 2025 | 2025-03-31 | −6.35% | −6.35 pp |
| Q4 2024 | 2024-12-31 | −14.12% | −15.47 pp |
| Q3 2024 | 2024-09-30 | −15.62% | −27.76 pp |
| Q2 2024 | 2024-06-30 | −4.37% | −4.42 pp |
| Q1 2024 | 2024-03-31 | −0.00% | −7.86 pp |
| Q4 2023 | 2023-12-31 | 1.35% | −28.17 pp |
| Q3 2023 | 2023-09-30 | 12.14% | −39.69 pp |
| Q2 2023 | 2023-06-30 | 0.06% | −59.23 pp |
| Q1 2023 | 2023-03-31 | 7.86% | −43.26 pp |
| Q4 2022 | 2022-12-31 | 29.52% | −11.73 pp |
| Q3 2022 | 2022-09-30 | 51.83% | +15.86 pp |
| Q2 2022 | 2022-06-30 | 59.28% | +34.02 pp |
| Q1 2022 | 2022-03-31 | 51.12% | +19.58 pp |
| Q4 2021 | 2021-12-31 | 41.24% | +66.00 pp |
| Q3 2021 | 2021-09-30 | 35.97% | +62.87 pp |
| Q2 2021 | 2021-06-30 | 25.26% | +76.03 pp |
| Q1 2021 | 2021-03-31 | 31.54% | −26.31 pp |
| Q4 2020 | 2020-12-31 | −24.76% | −75.28 pp |
| Q3 2020 | 2020-09-30 | −26.90% | −53.68 pp |
| Q2 2020 | 2020-06-30 | −50.76% | −78.51 pp |
| Q1 2020 | 2020-03-31 | 57.85% | +84.54 pp |
| Q4 2019 | 2019-12-31 | 50.52% | −21.07 pp |
| Q3 2019 | 2019-09-30 | 26.77% | −10.47 pp |
| Q2 2019 | 2019-06-30 | 27.75% | −4.65 pp |
| Q1 2019 | 2019-03-31 | −26.69% | −55.55 pp |
| Q4 2018 | 2018-12-31 | 71.59% | +45.90 pp |
| Q3 2018 | 2018-09-30 | 37.24% | +23.00 pp |
| Q2 2018 | 2018-06-30 | 32.40% | +5.73 pp |
| Q1 2018 | 2018-03-31 | 28.86% | +6.20 pp |
| Q4 2017 | 2017-12-31 | 25.69% | +7.19 pp |
| Q3 2017 | 2017-09-30 | 14.24% | +68.50 pp |
| Q2 2017 | 2017-06-30 | 26.67% | +154.10 pp |
| Q1 2017 | 2017-03-31 | 22.67% | +237.06 pp |
| Q4 2016 | 2016-12-31 | 18.50% | +76.94 pp |
| Q3 2016 | 2016-09-30 | −54.26% | +316.95 pp |
| Q2 2016 | 2016-06-30 | −127.44% | +59.60 pp |
| Q1 2016 | 2016-03-31 | −214.39% | +49.48 pp |
| Q4 2015 | 2015-12-31 | −58.44% | −42.91 pp |
| Q3 2015 | 2015-09-30 | −371.21% | −380.16 pp |
| Q2 2015 | 2015-06-30 | −187.04% | −200.12 pp |
| Q1 2015 | 2015-03-31 | −263.87% | −278.50 pp |
| Q4 2014 | 2014-12-31 | −15.53% | −15.78 pp |
| Q3 2014 | 2014-09-30 | 8.95% | −4.12 pp |
| Q2 2014 | 2014-06-30 | 13.08% | −9.78 pp |
| Q1 2014 | 2014-03-31 | 14.63% | −8.64 pp |
| Q4 2013 | 2013-12-31 | 0.25% | −19.45 pp |
| Q3 2013 | 2013-09-30 | 13.07% | +9.00 pp |
| Q2 2013 | 2013-06-30 | 22.87% | −23.12 pp |
| Q1 2013 | 2013-03-31 | 23.27% | +16.52 pp |
| Q4 2012 | 2012-12-31 | 19.71% | −11.20 pp |
| Q3 2012 | 2012-09-30 | 4.07% | −34.79 pp |
| Q2 2012 | 2012-06-30 | 45.98% | +0.26 pp |
| Q1 2012 | 2012-03-31 | 6.75% | −11.06 pp |
| Q4 2011 | 2011-12-31 | 30.90% | +9.17 pp |
| Q3 2011 | 2011-09-30 | 38.85% | +16.49 pp |
| Q2 2011 | 2011-06-30 | 45.72% | — |
| Q1 2011 | 2011-03-31 | 17.81% | — |
| Q3 2010 | 2010-09-30 | 21.73% | — |
| Q2 2010 | 2010-06-30 | 22.36% | — |
W&T Offshore operating margin trends
Over the last five reported fiscal years, W&T Offshore's operating margin decreased from 0.23% to −10.53%, a change of −10.76 percentage points. The latest reported quarter, Q2 2026, shows 13.92%.
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 W&T Offshore filings at SEC.gov ↗