Top Energy Companies by Net Margin
Latest filings through · Reported
Top energy companies by net margin
Pick a margin type to sort, or use a wider screen to sort by any column header. Click a column header to re-order rows. Company names link to each ticker's profile page.
| # | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | EQT (EQT) | 64.0% | 46.7% | 76.0% | 33.4% | 40.5% | Energy | ||
| 2 | First Solar (FSLR) | 41.7% | 33.2% | 42.6% | 30.7% | 30.8% | Energy | ||
| 3 | National Fuel Gas (NFG) | 50.0% | 41.4% | 62.0% | 27.5% | 12.3% | Energy | ||
| 4 | Williams Companies (WMB) | 62.8% | 38.8% | 59.5% | 23.8% | 6.1% | Energy | ||
| 5 | EOG Resources (EOG) | 71.3% | 36.9% | 51.9% | 23.4% | 17.4% | Energy | ||
| 6 | Expand Energy (EXE) | 53.4% | 29.0% | 51.8% | 22.9% | 20.3% | Energy | ||
| 7 | Occidental Petroleum (OXY) | 26.2% | 12.4% | 49.5% | 20.3% | 15.4% | Energy | ||
| 8 | Kinder Morgan (KMI) | 46.9% | 28.6% | 44.7% | 18.9% | 22.2% | Energy | ||
| 9 | Sunrun (RUN) | 30.4% | -1.8% | 23.7% | 17.9% | -23.6% | Energy | ||
| 10 | APA (APA) | 53.9% | 34.6% | 65.4% | 17.8% | 17.2% | Energy | ||
| 11 | Devon Energy (DVN) | 22.1% | 18.8% | 42.7% | 13.7% | 16.2% | Energy | ||
| 12 | Targa Resources (TRGP) | 29.9% | 21.1% | 30.4% | 13.0% | 1.6% | Energy | ||
| 13 | ConocoPhillips (COP) | 29.2% | 18.3% | 42.0% | 12.6% | 26.4% | Energy | ||
| 14 | Baker Hughes (BKR) | 23.6% | 13.0% | 18.3% | 11.2% | 8.2% | Energy | ||
| 15 | ONEOK (OKE) | 23.9% | 20.3% | 22.3% | 10.0% | 6.4% | Energy | ||
| 16 | Enbridge (ENB) | 30.7% | 15.8% | 23.1% | 9.7% | 2.8% | Energy | ||
| 17 | Enphase Energy (ENPH) | 44.2% | 6.8% | 14.8% | 9.6% | 10.4% | Energy | ||
| 18 | SLB (SLB) | 17.3% | 14.4% | 18.5% | 9.2% | 13.0% | Energy | ||
| 19 | Exxon Mobil (XOM) | 25.5% | 9.0% | 18.5% | 7.8% | 5.8% | Energy | ||
| 20 | Halliburton (HAL) | 15.3% | 11.3% | 18.5% | 6.9% | 7.6% | Energy | ||
| 21 | Chevron (CVX) | 25.4% | 8.4% | 22.3% | 5.9% | 7.2% | Energy | ||
| 22 | Energy Transfer LP (ET) | 22.9% | 11.1% | 16.4% | 5.4% | 4.1% | Energy | ||
| 23 | Marathon Petroleum (MPC) | 8.8% | 5.0% | 9.1% | 3.4% | 4.2% | Energy | ||
| 24 | Valero Energy (VLO) | 7.2% | 4.6% | 7.2% | 3.3% | 4.7% | Energy | ||
| 25 | Phillips 66 (PSX) | 7.0% | 4.7% | 6.8% | 3.0% | 0.1% | Energy | ||
| 26 | Diamondback Energy (FANG) | 41.8% | 22.1% | 35.7% | 2.7% | 10.5% | Energy |
- 1EQT (EQT)33.4%
- 2First Solar (FSLR)30.7%
- 3National Fuel Gas (NFG)27.5%
- 4Williams Companies (WMB)23.8%
- 5EOG Resources (EOG)23.4%
- 6Expand Energy (EXE)22.9%
- 8Kinder Morgan (KMI)18.9%
- 9Sunrun (RUN)17.9%
- 10APA (APA)17.8%
- 11Devon Energy (DVN)13.7%
- 12Targa Resources (TRGP)13.0%
- 13ConocoPhillips (COP)12.6%
- 14Baker Hughes (BKR)11.2%
- 15ONEOK (OKE)10.0%
- 16Enbridge (ENB)9.7%
- 17Enphase Energy (ENPH)9.6%
- 18SLB (SLB)9.2%
- 19Exxon Mobil (XOM)7.8%
- 20Halliburton (HAL)6.9%
- 21Chevron (CVX)5.9%
- 22Energy Transfer LP (ET)5.4%
- 23Marathon Petroleum (MPC)3.4%
- 24Valero Energy (VLO)3.3%
- 25Phillips 66 (PSX)3.0%
How TTM margins are measured
Margins divide a profitability line by trailing-twelve-month revenue, expressed as a percentage. Each column on this page measures a different layer of the income statement — gross strips only direct production costs; operating subtracts overhead, R&D and D&A; EBITDA adds D&A back to operating; net subtracts interest and taxes; FCF replaces accrual profit with operating cash flow minus capex. Together they describe where a business actually makes its money.
Margins make capital-light franchises directly comparable to capital-heavy ones — a software filer with a 35% operating margin runs a different model than a global retailer at 6%. To compare absolute scale instead of percentages see the revenue ranking and net income ranking. Non-USD filers are ranked on USD-translated TTM lines so peers stay comparable. Rankings USD translation methodology · IFRS IAS 21 (official)
Other rankings
Explore more company and market rankings