Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 13.83% is 76% below its 5-year average of 57.50%, near the low end of its 5-year range (7.08%–71.27%).
As of the fiscal period ended Tuesday, March 31, 2026. 63.93% below its 12-month average of 38.34%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
13.83%
GROSS MARGIN AVG TTM
38.34%
GROSS MARGIN AVG 3Y
57.15%
GROSS MARGIN AVG 5Y
62.45%
GROSS MARGIN AVG 10Y
63.09%
GROSS MARGIN AVG 15Y
64.07%
GROSS MARGIN AVG 20Y
64.79%
CURRENT VS TTM AVG
-63.93%
CURRENT VS 3Y AVG
-75.80%
CURRENT VS 5Y AVG
-77.85%
CURRENT VS 10Y AVG
-78.08%
CURRENT VS 15Y AVG
-78.41%
CURRENT VS 20Y AVG
-78.65%
SECTOR MEDIAN · UTILITIES
31.81%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
-56.52%
vs the sector median at left
Brookfield Renewable Partners L.P.
Market Cap
$10.05B
Gross Margin
13.83%
TTM Avg
38.34%
3Y Avg
57.15%
5Y Avg
62.45%
Market Cap
$10.47B
Gross Margin
19.31%
TTM Avg
18.46%
3Y Avg
19.24%
5Y Avg
21.53%
Market Cap
$8.31B
Gross Margin
15.19%
TTM Avg
39.33%
3Y Avg
51.52%
5Y Avg
56.75%
Market Cap
$12.24B
Gross Margin
25.41%
TTM Avg
33.55%
3Y Avg
36.47%
5Y Avg
39.35%
Market Cap
$5.42B
Gross Margin
35.66%
TTM Avg
38.98%
3Y Avg
35.60%
5Y Avg
36.73%
Market Cap
$15.17B
Gross Margin
40.14%
TTM Avg
35.08%
3Y Avg
36.33%
5Y Avg
31.78%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Brookfield Renewable Partners L.P. (BEP) | $10.05B | 13.83% | 38.34% | 57.15% | 62.45% |
| The AES Corporation (AES)vs › | $10.47B | 19.31% | 18.46% | 19.24% | 21.53% |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 15.19% | 39.33% | 51.52% | 56.75% |
| Pinnacle West Capital Corporation (PNW)vs › | $12.24B | 25.41% | 33.55% | 36.47% | 39.35% |
| UGI Corporation (UGI)vs › | $7.74B | 46.11% | 50.45% | 41.03% | 46.83% |
| Oklo Inc. (OKLO)vs › | $6.76B | 0.00% | 0.00% | 0.00% | 0.00% |
| Black Hills Corporation (BKH)vs › | $5.42B | 35.66% | 38.98% | 35.60% | 36.73% |
| Talen Energy Corporation (TLN)vs › | $15.17B | 40.14% | 35.08% | 36.33% | 31.78% |
| Avista Corporation (AVA)vs › | $3.34B | 24.19% | 41.51% | 49.97% | 55.86% |
| Fluence Energy, Inc. (FLNC)vs › | $2.57B | 11.51% | 12.86% | 6.72% | 3.02% |
Gross Margin
13.8%
(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 |
|---|---|
| 2026-03-31 | 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% |
| 2002-06-30 | 71.07% |