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 24.45% is 61% below its 5-year average of 62.50%, near the low end of its 5-year range (7.08%–71.27%).
21.50% below its 12-month average of 31.15%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 21.30%.
GROSS MARGIN
24.45%
GROSS MARGIN AVG TTM
31.15%
GROSS MARGIN AVG 3Y
57.15%
GROSS MARGIN AVG 5Y
62.50%
GROSS MARGIN AVG 10Y
63.07%
GROSS MARGIN AVG 15Y
63.95%
GROSS MARGIN AVG 20Y
64.64%
CURRENT VS TTM AVG
-21.50%
CURRENT VS 3Y AVG
-57.22%
CURRENT VS 5Y AVG
-60.88%
CURRENT VS 10Y AVG
-61.23%
CURRENT VS 15Y AVG
-61.77%
CURRENT VS 20Y AVG
-62.17%
SECTOR MEDIAN · UTILITIES
41.05%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-40.44%
vs the sector median at left
Brookfield Renewable Partners L.P.
Market Cap
$8.90B
Gross Margin
24.45%
TTM Avg
31.15%
3Y Avg
57.15%
5Y Avg
62.50%
Market Cap
$10.56B
Gross Margin
20.29%
TTM Avg
18.46%
3Y Avg
19.24%
5Y Avg
21.53%
Market Cap
$11.51B
Gross Margin
25.41%
TTM Avg
33.55%
3Y Avg
36.47%
5Y Avg
39.35%
Market Cap
$5.37B
Gross Margin
42.92%
TTM Avg
38.98%
3Y Avg
35.60%
5Y Avg
36.73%
Market Cap
$13.06B
Gross Margin
44.57%
TTM Avg
35.08%
3Y Avg
36.33%
5Y Avg
31.78%
Market Cap
$2.05B
Gross Margin
45.17%
TTM Avg
37.03%
3Y Avg
35.59%
5Y Avg
36.57%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Brookfield Renewable Partners L.P. (BEP) | $8.90B | 24.45% | 31.15% | 57.15% | 62.50% |
| UGI Corporation (UGI)vs › | $8.19B | 46.72% | 50.45% | 41.03% | 46.83% |
| The AES Corporation (AES)vs › | $10.56B | 20.29% | 18.46% | 19.24% | 21.53% |
| Pinnacle West Capital Corporation (PNW)vs › | $11.51B | 25.41% | 33.55% | 36.47% | 39.35% |
| Oklo Inc. (OKLO)vs › | $6.20B | 0.00% | 0.00% | 0.00% | 0.00% |
| Black Hills Corporation (BKH)vs › | $5.37B | 42.92% | 38.98% | 35.60% | 36.73% |
| Talen Energy Corporation (TLN)vs › | $13.06B | 44.57% | 35.08% | 36.33% | 31.78% |
| Avista Corporation (AVA)vs › | $3.08B | 24.19% | 41.51% | 49.97% | 55.86% |
| Northwest Natural Holding Company (NWN)vs › | $2.05B | 45.17% | 37.03% | 35.59% | 36.57% |
| Fluence Energy, Inc. (FLNC)vs › | $1.67B | 9.18% | 12.86% | 6.72% | 3.02% |
Gross Margin
24.4%
(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 | 21.30% |
| 2026-03-31 | 13.83% |
| 2025-12-31 | 7.08% |
| 2025-09-30 | 54.82% |
| 2025-06-30 | 58.69% |
| 2025-03-31 | 57.28% |
| 2024-12-31 | 50.77% |
| 2024-09-30 | 57.62% |
| 2024-06-30 | 58.30% |
| 2024-03-31 | 57.51% |
| 2023-12-31 | 53.82% |
| 2023-09-30 | 57.93% |
| 2023-06-30 | 64.73% |
| 2023-03-31 | 69.87% |
| 2022-12-31 | 68.73% |
| 2022-09-30 | 68.87% |
| 2022-06-30 | 71.27% |
| 2022-03-31 | 69.19% |
| 2021-12-31 | 65.88% |
| 2021-09-30 | 69.77% |
| 2021-06-30 | 69.87% |
| 2021-03-31 | 61.67% |
| 2020-12-31 | 62.89% |
| 2020-09-30 | 67.59% |
| 2020-06-30 | 67.09% |
| 2020-03-31 | 68.92% |
| 2019-12-31 | 63.22% |
| 2019-09-30 | 66.22% |
| 2019-06-30 | 67.98% |
| 2019-03-31 | 69.21% |
| 2018-12-31 | 64.62% |
| 2018-09-30 | 61.87% |
| 2018-08-03 | 66.39% |
| 2018-03-31 | 67.72% |
| 2017-12-31 | 60.12% |
| 2017-09-30 | 60.03% |
| 2017-06-30 | 64.86% |
| 2017-03-31 | 65.58% |
| 2016-12-31 | 54.82% |
| 2016-09-30 | 52.59% |
| 2016-06-30 | 58.21% |
| 2016-03-31 | 63.95% |
| 2015-12-31 | 63.78% |
| 2015-09-30 | 57.86% |
| 2015-06-30 | 70.74% |
| 2015-03-31 | 69.61% |
| 2014-12-31 | 66.18% |
| 2014-09-30 | 61.40% |
| 2014-06-30 | 73.84% |
| 2014-03-31 | 72.92% |
| 2013-12-31 | 67.18% |
| 2013-09-30 | 64.29% |
| 2013-06-30 | 72.11% |
| 2013-03-31 | 71.17% |
| 2012-12-31 | 58.03% |
| 2012-09-30 | 49.34% |
| 2012-06-30 | 62.91% |
| 2012-03-31 | 72.54% |
| 2011-12-31 | 59.25% |
| 2011-09-30 | 66.20% |
| 2011-06-30 | 69.25% |
| 2011-03-31 | 70.96% |
| 2010-12-31 | 100.00% |
| 2010-09-30 | 100.00% |
| 2010-06-30 | 100.00% |
| 2010-03-31 | 100.00% |
| 2009-12-31 | 100.00% |
| 2009-09-30 | 100.00% |
| 2009-06-30 | 100.00% |
| 2009-03-31 | 100.00% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 100.00% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | 100.00% |
| 2007-12-31 | 106.72% |
| 2007-09-30 | 68.27% |
| 2007-06-30 | 70.90% |
| 2007-03-31 | 75.65% |
| 2006-12-31 | 106.50% |
| 2006-09-30 | 66.28% |
| 2006-06-30 | 75.61% |
| 2006-03-31 | 74.88% |
| 2005-12-31 | 107.38% |
| 2005-09-30 | 64.82% |
| 2005-06-30 | 74.97% |
| 2005-03-31 | 72.58% |
| 2004-12-31 | 107.77% |
| 2004-09-30 | 72.00% |
| 2004-06-30 | 74.87% |
| 2004-03-31 | 76.74% |
| 2003-12-31 | 110.94% |
| 2003-09-30 | 69.55% |
| 2003-06-30 | 72.58% |
| 2003-03-31 | 59.56% |
| 2002-12-31 | 107.03% |
| 2002-09-30 | 73.79% |
