Spartan Delta (TSX:SDE) EBITDA Margin %: 22.04% (As of Mar. 2026) — 61% Below Median

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TSX:SDE Spartan Delta Corp TSX:SDE
52 GF Score
Price C$12.12
GF Value C$5.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Spartan Delta EBITDA Margin %?

Spartan Delta TSX:SDE -1.30% 52 EBITDA Margin % is 22.04% as of Mar. 2026, which is 61% below its 10-year median of 56.00. GuruFocus rates TSX:SDE with a GF Score™ of 52/100 and a GF Value™ of C$5.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 919 Oil & Gas companies, Spartan Delta ranks better than 84.33% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Spartan Delta's EBITDA for the three months ended in Mar. 2026 was C$33.5 Mil. Spartan Delta's Revenue for the three months ended in Mar. 2026 was C$152.2 Mil. Therefore, Spartan Delta's EBITDA margin for the quarter that ended in Mar. 2026 was 22.04%.


Spartan Delta  (TSX:SDE) 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.


Spartan Delta EBITDA Margin % Related Terms


Spartan Delta EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Spartan Delta'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.

Spartan Delta EBITDA Margin % Chart

Spartan Delta 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 76.43 63.93 141.91 51.91 60.09

Spartan Delta 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 27.06 86.34 52.52 70.69 22.04

TSX:SDE vs COP, EOG, FANG: EBITDA Margin % Comparison

For the Oil & Gas E&P subindustry, Spartan Delta'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.


Spartan Delta EBITDA Margin % vs Oil & Gas Industry

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

* The bar in red indicates where Spartan Delta's EBITDA Margin % falls into.


TSX:SDE
52GF Score
Spartan Delta Corp TSX:SDE
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spartan Delta EBITDA Margin % Calculation

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

Spartan Delta'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 )
=248.976/414.334
=60.09 %

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

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=33.543/152.207
=22.04 %

* 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 22.04% mean?
Spartan Delta (TSX:SDE) has a EBITDA Margin % of 22.04% 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 Spartan Delta and its competitors. This is 61% below median its historical median of 56.00. According to the industry distribution chart, Spartan Delta ranks #144 out of 919 companies in the Oil & Gas industry, placing it in the top 15.7%.
Is Spartan Delta's EBITDA Margin % too high?
Spartan Delta's current EBITDA Margin % of 22.04% is 61% below median its 10-year median of 56.00. The Oil & Gas industry median EBITDA Margin % is 13.72. Spartan Delta's value of 22.04% is 60.6% above this industry median. Based on the distribution chart, Spartan Delta ranks #144 out of 919 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Spartan Delta has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spartan Delta's EBITDA Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Spartan Delta ranks #144 out of 919 companies for EBITDA Margin %. This places Spartan Delta in the top 16% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 13.72. Spartan Delta's value of 22.04% is 60.6% above this benchmark. While the company's 10-year median is 56.00 vs. the industry median of 13.72, Spartan Delta has consistently been above 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 13.72, based on 919 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. Spartan Delta's current EBITDA Margin % of 22.04% is 60.6% above 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 Spartan Delta and its competitors. For the Oil & Gas industry, the median EBITDA Margin % is 13.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spartan Delta's current EBITDA Margin % is 22.04%, which is 61% below median its own 10-year median of 56.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spartan Delta stock overvalued right now?
Based on GuruFocus' analysis, Spartan Delta (TSX:SDE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$5.24, compared to a current price of C$12.12 — trading 131.3% above its estimated fair value. The current EBITDA Margin % is 22.04%, which is 61% below median its 10-year median of 56.00 and 60.6% above the Oil & Gas industry median of 13.72. Spartan Delta's overall GF Score™ is 52/100 with 5 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 Spartan Delta (TSX:SDE), the current EBITDA Margin % is 22.04% 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 Spartan Delta (TSX:SDE) Overvalued in 2026?

Based on GuruFocus' analysis, Spartan Delta stock appears to be overvalued. The current stock price of C$12.12 is trading 131.3% above its estimated GF Value™ of C$5.24. GuruFocus considers Spartan Delta to be Significantly Overvalued.

Key valuation signals for TSX:SDE:

  • EBITDA Margin %: 22.04% (61% below median its 10-year median of 56.00)
  • GF Value™: C$5.24 vs. price of C$12.12 (131.3% above fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 60.6% above the Oil & Gas median (#144 of 919)

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


Spartan Delta Business Description

Industry EnergyOil & Gas
Other Exchanges DALXF:USA4YJ0:Germany
Address 350 - 7 th Avenue SW, Suite 1400, First Canadian Centre, Calgary, AB, CAN, T2P 3N9
Spartan Delta Corp is an oil and gas exploration and production company. The company is engaged in the exploration, development, and production of crude oil and natural gas properties in western Canada. The company operates and focuses its activities in west central Alberta, the Deep Basin and in the West Shale Basin Duvernay. It is a differentiated energy company whose ESG-focused culture is centered on generating sustainable free cash flow through oil and gas exploration and development.
52GF Score

Get the complete analysis for TSX:SDE

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

C$12.12
Price
C$5.24
GF Value