Tourmaline OilTSX:TOU +0.27%82 Net Margin % is 37.02% as of Mar. 2026, which is 81% above its 10-year median of 20.47. GuruFocus rates TSX:TOU with a GF Score™ of 82/100 and a GF Value™ of C$62.14 (Fairly Valued). The stock has 7 warning signs investors should review. Among 916 Oil & Gas companies, Tourmaline Oil ranks better than 71.83% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Tourmaline Oil's Net Income for the
three
months ended in Mar. 2026 was C$658 Mil. Tourmaline Oil's Revenue for the
three
months ended in Mar. 2026 was C$1,776 Mil. Therefore, Tourmaline Oil's net margin for the quarter that ended in Mar. 2026 was 37.02%.
The historical rank and industry rank for Tourmaline Oil's Net Margin % or its related term are showing as below:
TSX:TOU'
s Net Margin % Range Over the Past 10 Years
Min: -2.84 Med: 20.47 Max: 51.71
Current: 11.29
TSX:TOU's Net Margin % is ranked better than 71.83% of 916
companies
in the Oil & Gas industry
Industry Median: 3.435
vs TSX:TOU: 11.29
Tourmaline Oil (TSX:TOU) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Tourmaline Oil Net Margin % Related Terms
Tourmaline Oil Net Margin % Historical Data
* Premium members only.
The historical data trend for Tourmaline Oil's Net 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.
For the Oil & Gas E&P subindustry, Tourmaline Oil's Net Margin %, along with its competitors' market caps and Net 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.
Tourmaline Oil Net Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tourmaline Oil's Net Margin % distribution charts can be found below:
* The bar in red indicates where Tourmaline Oil's Net Margin % falls into.
* 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.
Tourmaline Oil (TSX:TOU) has a Net Margin % of 37.02% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Tourmaline Oil and its competitors. This is 81% above median its historical median of 20.47. According to the industry distribution chart, Tourmaline Oil ranks #258 out of 916 companies in the Oil & Gas industry, placing it in the top 28.2%.
Is Tourmaline Oil's Net Margin % too high?
Tourmaline Oil's current Net Margin % of 37.02% is 81% above median its 10-year median of 20.47. The Oil & Gas industry median Net Margin % is 3.44. Tourmaline Oil's value of 37.02% is 977.7% above this industry median. Based on the distribution chart, Tourmaline Oil ranks #258 out of 916 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Tourmaline Oil has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tourmaline Oil's Net Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Tourmaline Oil ranks #258 out of 916 companies for Net Margin %. This puts Tourmaline Oil in the upper half of its industry. The industry median Net Margin % is 3.44. Tourmaline Oil's value of 37.02% is 977.7% above this benchmark. While the company's 10-year median is 20.47 vs. the industry median of 3.44, Tourmaline Oil 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 Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tourmaline Oil's current Net Margin % of 37.02% is 977.7% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Tourmaline Oil and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourmaline Oil's current Net Margin % is 37.02%, which is 81% above median its own 10-year median of 20.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourmaline Oil stock overvalued right now?
Based on GuruFocus' analysis, Tourmaline Oil (TSX:TOU) is currently considered Fairly Valued. The stock's GF Value™ is C$62.14, compared to a current price of C$60.02 — trading 3.4% below its estimated fair value. The current Net Margin % is 37.02%, which is 81% above median its 10-year median of 20.47 and 977.7% above the Oil & Gas industry median of 3.44. Tourmaline Oil's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Tourmaline Oil (TSX:TOU), the current Net Margin % is 37.02% 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 Tourmaline Oil (TSX:TOU) Overvalued in 2026?
Based on GuruFocus' analysis, Tourmaline Oil stock appears to be undervalued.
The current stock price of C$60.02 is trading 3.4% below its estimated GF Value™ of C$62.14.
GuruFocus considers Tourmaline Oil to be Fairly Valued.
Key valuation signals for TSX:TOU:
Net Margin %: 37.02% (81% above median its 10-year median of 20.47)
GF Value™: C$62.14 vs. price of C$60.02 (3.4% below fair value)
Industry Position: 977.7% above the Oil & Gas median (#258 of 916)
No single metric tells the full story. See the TSX:TOU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tourmaline Oil is a Canadian natural gas producer with an integrated midstream gathering and processing operation. Its primary product is natural gas, but also produces natural gas liquids, condensates, and oil. As a result of multiple acquisitions, it has become the largest natural gas producer in Canada.
82GF Score
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