Topaz EnergyTSX:TPZ +0.47%88 Net Margin % is 36.90% as of Mar. 2026, which is 32% above its 10-year median of 27.85. GuruFocus rates TSX:TPZ with a GF Score™ of 88/100 and a GF Value™ of C$27.57 (Fairly Valued). The stock has 6 warning signs investors should review. Among 916 Oil & Gas companies, Topaz Energy ranks better than 94.87% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Topaz Energy's Net Income for the
three
months ended in Mar. 2026 was C$34.0 Mil. Topaz Energy's Revenue for the
three
months ended in Mar. 2026 was C$92.3 Mil. Therefore, Topaz Energy's net margin for the quarter that ended in Mar. 2026 was 36.90%.
The historical rank and industry rank for Topaz Energy's Net Margin % or its related term are showing as below:
TSX:TPZ'
s Net Margin % Range Over the Past 10 Years
Min: 3.45 Med: 27.85 Max: 47.85
Current: 45.79
TSX:TPZ's Net Margin % is ranked better than 94.87% of 916
companies
in the Oil & Gas industry
Industry Median: 3.435
vs TSX:TPZ: 45.79
Topaz Energy (TSX:TPZ) 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.
Topaz Energy Net Margin % Related Terms
Topaz Energy Net Margin % Historical Data
* Premium members only.
The historical data trend for Topaz Energy'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 Midstream subindustry, Topaz Energy'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.
Topaz Energy Net Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Topaz Energy's Net Margin % distribution charts can be found below:
* The bar in red indicates where Topaz Energy'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.
Topaz Energy (TSX:TPZ) has a Net Margin % of 36.90% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Topaz Energy and its competitors. This is 32% above median its historical median of 27.85. Over the past decade, Topaz Energy's Net Margin % has ranged from 3.45 to 47.85. According to the industry distribution chart, Topaz Energy ranks #47 out of 916 companies in the Oil & Gas industry, placing it in the top 5.1%.
Is Topaz Energy's Net Margin % too high?
Topaz Energy's current Net Margin % of 36.90% is 32% above median its 10-year median of 27.85. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 47.85. The Oil & Gas industry median Net Margin % is 3.44. Topaz Energy's value of 36.90% is 974.2% above this industry median. Based on the distribution chart, Topaz Energy ranks #47 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Topaz Energy has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Topaz Energy's Net Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Topaz Energy ranks #47 out of 916 companies for Net Margin %. This places Topaz Energy in the top 5% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.44. Topaz Energy's value of 36.90% is 974.2% above this benchmark. Historically, Topaz Energy's own Net Margin % has ranged from 3.45 to 47.85 over the past decade. While the company's 10-year median is 27.85 vs. the industry median of 3.44, Topaz Energy 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. Topaz Energy's current Net Margin % of 36.90% is 974.2% 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 Topaz Energy 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. Topaz Energy's current Net Margin % is 36.90%, which is 32% above median its own 10-year median of 27.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topaz Energy stock overvalued right now?
Based on GuruFocus' analysis, Topaz Energy (TSX:TPZ) is currently considered Fairly Valued. The stock's GF Value™ is C$27.57, compared to a current price of C$29.93 — trading 8.6% above its estimated fair value. The current Net Margin % is 36.90%, which is 32% above median its 10-year median of 27.85 and 974.2% above the Oil & Gas industry median of 3.44. Topaz Energy's overall GF Score™ is 88/100 with 6 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 Topaz Energy (TSX:TPZ), the current Net Margin % is 36.90% 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 Topaz Energy (TSX:TPZ) Overvalued in 2026?
Based on GuruFocus' analysis, Topaz Energy stock appears to be overvalued.
The current stock price of C$29.93 is trading 8.6% above its estimated GF Value™ of C$27.57.
GuruFocus considers Topaz Energy to be Fairly Valued.
Key valuation signals for TSX:TPZ:
Net Margin %: 36.90% (32% above median its 10-year median of 27.85)
GF Value™: C$27.57 vs. price of C$29.93 (8.6% above fair value)
Industry Position: 974.2% above the Oil & Gas median (#47 of 916)
No single metric tells the full story. See the TSX:TPZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. The company generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.
88GF Score
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