Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 24.19% is 61% below its 5-year average of 61.40%, near the low end of its 5-year range (13.08%–71.46%).
50.31% below its 12-month average of 48.68%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 13.08%.
GROSS MARGIN
24.19%
GROSS MARGIN AVG TTM
48.68%
GROSS MARGIN AVG 3Y
62.04%
GROSS MARGIN AVG 5Y
61.40%
GROSS MARGIN AVG 10Y
63.75%
GROSS MARGIN AVG 15Y
61.11%
GROSS MARGIN AVG 20Y
56.73%
CURRENT VS TTM AVG
-50.31%
CURRENT VS 3Y AVG
-61.01%
CURRENT VS 5Y AVG
-60.60%
CURRENT VS 10Y AVG
-62.05%
CURRENT VS 15Y AVG
-60.42%
CURRENT VS 20Y AVG
-57.36%
SECTOR MEDIAN · UTILITIES
41.05%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-41.07%
vs the sector median at left
Market Cap
$1.99B
Gross Margin
45.17%
TTM Avg
37.03%
3Y Avg
35.59%
5Y Avg
36.57%
Market Cap
$1.00B
Gross Margin
17.33%
TTM Avg
34.81%
3Y Avg
41.75%
5Y Avg
45.94%
Market Cap
$5.37B
Gross Margin
42.92%
TTM Avg
38.98%
3Y Avg
35.60%
5Y Avg
36.73%
Market Cap
$8.79B
Gross Margin
24.45%
TTM Avg
36.47%
3Y Avg
51.03%
5Y Avg
56.24%
Market Cap
$10.57B
Gross Margin
20.29%
TTM Avg
18.46%
3Y Avg
19.24%
5Y Avg
21.53%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Avista Corporation (AVA) | $2.97B | 24.19% | 48.68% | 62.04% | 61.40% |
| Northwest Natural Holding Company (NWN)vs › | $1.99B | 45.17% | 37.03% | 35.59% | 36.57% |
| Fluence Energy, Inc. (FLNC)vs › | $1.36B | 9.18% | 12.86% | 6.72% | 3.02% |
| XPLR Infrastructure, LP (XIFR)vs › | $1.00B | 17.33% | 34.81% | 41.75% | 45.94% |
| Black Hills Corporation (BKH)vs › | $5.37B | 42.92% | 38.98% | 35.60% | 36.73% |
| Oklo Inc. (OKLO)vs › | $6.61B | 0.00% | 0.00% | 0.00% | 0.00% |
| UGI Corporation (UGI)vs › | $7.85B | 46.72% | 50.45% | 41.03% | 46.83% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $8.79B | 24.45% | 36.47% | 51.03% | 56.24% |
| The AES Corporation (AES)vs › | $10.57B | 20.29% | 18.46% | 19.24% | 21.53% |
| Pinnacle West Capital Corporation (PNW)vs › | $11.07B | 25.41% | 33.55% | 36.47% | 39.35% |
Gross Margin
24.2%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 13.08% |
| 2026-03-31 | 63.86% |
| 2025-12-31 | 26.64% |
| 2025-09-30 | 71.46% |
| 2025-06-30 | 68.37% |
| 2025-03-31 | 58.51% |
| 2024-12-31 | 58.98% |
| 2024-09-30 | 63.93% |
| 2024-06-30 | 64.18% |
| 2024-03-31 | 51.89% |
| 2023-12-31 | 57.49% |
| 2023-09-30 | 60.94% |
| 2023-06-30 | 62.82% |
| 2023-03-31 | 59.35% |
| 2022-12-31 | 52.21% |
| 2022-09-30 | 58.89% |
| 2022-06-30 | 58.42% |
| 2022-03-31 | 59.56% |
| 2021-12-31 | 60.69% |
| 2021-09-30 | 65.50% |
| 2021-06-30 | 69.60% |
| 2021-03-31 | 67.40% |
| 2020-12-31 | 67.87% |
| 2020-09-30 | 71.10% |
| 2020-06-30 | 75.60% |
| 2020-03-31 | 66.80% |
| 2019-12-31 | 68.26% |
| 2019-09-30 | 65.35% |
| 2019-06-30 | 70.60% |
| 2019-03-31 | 65.36% |
| 2018-12-31 | 64.37% |
| 2018-09-30 | 65.70% |
| 2018-06-30 | 66.81% |
| 2018-03-31 | 62.23% |
| 2017-12-31 | 62.89% |
| 2017-09-30 | 63.46% |
| 2017-06-30 | 67.33% |
| 2017-03-31 | 62.06% |
| 2016-12-31 | 59.94% |
| 2016-09-30 | 60.86% |
| 2016-06-30 | 65.56% |
| 2016-03-31 | 61.33% |
| 2015-12-31 | 56.60% |
| 2015-09-30 | 55.93% |
| 2015-06-30 | 58.17% |
| 2015-03-31 | 53.07% |
| 2014-12-31 | 52.11% |
| 2014-09-30 | 56.36% |
| 2014-06-30 | 58.76% |
| 2014-03-31 | 55.09% |
| 2013-12-31 | 54.81% |
| 2013-09-30 | 60.96% |
| 2013-06-30 | 64.06% |
| 2013-03-31 | 52.45% |
| 2012-12-31 | 53.15% |
| 2012-09-30 | 54.85% |
| 2012-06-30 | 60.42% |
| 2012-03-31 | 53.34% |
| 2011-12-31 | 51.07% |
| 2011-09-30 | 50.13% |
| 2011-06-30 | 56.80% |
| 2011-03-31 | 47.94% |
| 2010-12-31 | 54.82% |
| 2010-09-30 | 44.44% |
| 2010-06-30 | 52.59% |
| 2010-03-31 | 42.53% |
| 2009-12-31 | 44.75% |
| 2009-09-30 | 44.80% |
| 2009-06-30 | 57.35% |
| 2009-03-31 | 39.40% |
| 2008-12-31 | 34.87% |
| 2008-09-30 | 34.32% |
| 2008-06-30 | 46.16% |
| 2008-03-31 | 34.69% |
| 2007-12-31 | 38.55% |
| 2007-09-30 | 43.84% |
| 2007-06-30 | 49.37% |
| 2007-03-31 | 32.99% |
| 2006-12-31 | 35.62% |
| 2006-09-30 | 45.72% |
| 2006-06-30 | 51.19% |
| 2006-03-31 | 35.55% |
| 2005-12-31 | 35.56% |
| 2005-09-30 | 37.13% |
| 2005-06-30 | 51.99% |
| 2005-03-31 | 38.74% |
| 2004-12-31 | 47.03% |
| 2004-09-30 | 44.81% |
| 2004-06-30 | 59.09% |
| 2004-03-31 | 42.12% |
| 2003-12-31 | 38.87% |
| 2003-09-30 | 51.77% |
| 2003-06-30 | 61.51% |
| 2003-03-31 | 49.10% |
| 2002-12-31 | 51.56% |
| 2002-09-30 | 57.43% |
