W&T Offshore profit margin WTI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- −19.3%
- Operating margin, 12 months
- 1.0%
- Net margin on a year earlier
- +3.3 pts
- Peer median
- 21.3%
Over the twelve months to Jun 30, 2026, W&T Offshore kept −19.3% of its revenue as net profit, with an operating margin of 1.0%.
Five years earlier its net margin was −17.5%.
The median for 10 oil and gas producers of a similar size is 21.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | −29.9% | −10.5% |
| FY2024 | −16.6% | −8.0% |
| FY2023 | 2.9% | 5.5% |
| FY2022 | 25.1% | 49.3% |
| FY2021 | −7.4% | 34.0% |
| FY2020 | 10.9% | 7.1% |
| FY2019 | 13.9% | 11.0% |
| FY2018 | 42.8% | 42.5% |
| FY2017 | 16.4% | 22.6% |
| FY2016 | −62.3% | −82.6% |
| FY2015 | n/a | n/a |
| FY2014 | −1.2% | 6.5% |
| FY2013 | 5.2% | 14.9% |
| FY2012 | 8.2% | 19.4% |
| FY2011 | 17.8% | 33.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −19.3% | +3.3 pts | 1.0% | |
| Q1 FY26 | −27.2% | −6.6 pts | −5.7% | |
| Q4 FY25 | −29.9% | −13.3 pts | −10.5% | |
| Q3 FY25 | −29.3% | −17.3 pts | −10.1% | |
| Q2 FY25 | −22.6% | −18.1 pts | −11.5% | |
| Q1 FY25 | −20.7% | −16.6 pts | −9.8% | |
| Q4 FY24 | −16.6% | −19.5 pts | −8.0% | |
| Q3 FY24 | −12.0% | −22.0 pts | −4.4% | |
| Q2 FY24 | −4.5% | −21.9 pts | 2.3% | |
| Q1 FY24 | −4.0% | −34.2 pts | 3.5% | |
| Q4 FY23 | 2.9% | −22.2 pts | 5.5% | |
| Q3 FY23 | 10.1% | −16.3 pts | 14.2% |
Against its peers
Companies in Oil & Gas Exploration & Production nearest W&T Offshore's size, closest first, today.
| Company | Profit margin |
|---|---|
| WTIW&T Offshore | −19.3% |
| SDSandridge Energy | 46.1% |
| TTITetra Technologies | 1.0% |
| REPXRiley Exploration Permian | 24.5% |
| PNRGPrimeenergy Resources | 13.9% |
| MNRMach Natural Resources | 7.4% |
| KRPKimbell Royalty Partners | 23.0% |
| AMPYAmplify Energy | 10.6% |
| BKVBKV | 22.9% |
| ANNAAleAnna | 19.8% |
| GPORGulfport Energy | 32.3% |
| Peer median | 21.3% |
Where W&T Offshore ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on W&T Offshore
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.