Baytex Energy (TSX:BTE) EBITDA Margin %: 5.18% (As of Mar. 2026) — 88% Below Median


TSX:BTE Baytex Energy Corp TSX:BTE
52 GF Score
Price C$5.69
GF Value C$2.01
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Baytex Energy EBITDA Margin %?

Baytex Energy TSX:BTE +0.35% 52 EBITDA Margin % is 5.18% as of Mar. 2026, which is 88% below its 10-year median of 44.38. GuruFocus rates TSX:BTE with a GF Score™ of 52/100 and a GF Value™ of C$2.01 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 916 Oil & Gas companies, Baytex Energy ranks better than 93.23% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Baytex Energy's EBITDA for the three months ended in Mar. 2026 was C$23 Mil. Baytex Energy's Revenue for the three months ended in Mar. 2026 was C$453 Mil. Therefore, Baytex Energy's EBITDA margin for the quarter that ended in Mar. 2026 was 5.18%.


Baytex Energy  (TSX:BTE) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Baytex Energy EBITDA Margin % Related Terms


Baytex Energy EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Baytex Energy's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Baytex Energy EBITDA Margin % Chart

Baytex Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.52 53.94 20.43 83.13 75.57

Baytex Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.35 61.03 45.27 12.85 5.18

TSX:BTE vs COP, EOG, OXY: EBITDA Margin % Comparison

For the Oil & Gas E&P subindustry, Baytex Energy's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Baytex Energy EBITDA Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Baytex Energy's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Baytex Energy's EBITDA Margin % falls into.


TSX:BTE
52GF Score
Baytex Energy Corp TSX:BTE
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Baytex Energy EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Baytex Energy's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1273.014/1684.648
=75.57 %

Baytex Energy's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=23.459/452.954
=5.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 5.18% mean?
Baytex Energy (TSX:BTE) has a EBITDA Margin % of 5.18% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Baytex Energy and its competitors. This is 88% below median its historical median of 44.38. According to the industry distribution chart, Baytex Energy ranks #62 out of 916 companies in the Oil & Gas industry, placing it in the top 6.8%.
Is Baytex Energy's EBITDA Margin % too high?
Baytex Energy's current EBITDA Margin % of 5.18% is 88% below median its 10-year median of 44.38. The Oil & Gas industry median EBITDA Margin % is 13.80. Baytex Energy's value of 5.18% is 62.5% below this industry median. Based on the distribution chart, Baytex Energy ranks #62 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Baytex Energy has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baytex Energy's EBITDA Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Baytex Energy ranks #62 out of 916 companies for EBITDA Margin %. This places Baytex Energy in the top 7% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 13.80. Baytex Energy's value of 5.18% is 62.5% below this benchmark. While the company's 10-year median is 44.38 vs. the industry median of 13.80, Baytex Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Oil & Gas company?
The median EBITDA Margin % among Oil & Gas companies is 13.80, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Baytex Energy's current EBITDA Margin % of 5.18% is 62.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Baytex Energy and its competitors. For the Oil & Gas industry, the median EBITDA Margin % is 13.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baytex Energy's current EBITDA Margin % is 5.18%, which is 88% below median its own 10-year median of 44.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baytex Energy stock overvalued right now?
Based on GuruFocus' analysis, Baytex Energy (TSX:BTE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.01, compared to a current price of C$5.69 — trading 183.1% above its estimated fair value. The current EBITDA Margin % is 5.18%, which is 88% below median its 10-year median of 44.38 and 62.5% below the Oil & Gas industry median of 13.80. Baytex Energy's overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Baytex Energy (TSX:BTE), the current EBITDA Margin % is 5.18% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Baytex Energy (TSX:BTE) Overvalued in 2026?

Based on GuruFocus' analysis, Baytex Energy stock appears to be overvalued. The current stock price of C$5.69 is trading 183.1% above its estimated GF Value™ of C$2.01. GuruFocus considers Baytex Energy to be Significantly Overvalued.

Key valuation signals for TSX:BTE:

  • EBITDA Margin %: 5.18% (88% below median its 10-year median of 44.38)
  • GF Value™: C$2.01 vs. price of C$5.69 (183.1% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 62.5% below the Oil & Gas median (#62 of 916)

No single metric tells the full story. See the TSX:BTE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baytex Energy Business Description

Industry EnergyOil & Gas
Other Exchanges BTE:USAB5X:Germany
Address 2800, 520 - 3rd Avenue SW, Centennial Place, East Tower, Calgary, AB, CAN, T2P 0R3
Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.
52GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.69
Price
C$2.01
GF Value