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 42.89% is 42% above its 5-year average of 30.20%, near the low end of its 5-year range (-4.90%–287.55%).
As of the fiscal period ended Tuesday, March 31, 2026. 44.27% below its 12-month average of 76.96%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
42.89%
GROSS MARGIN AVG TTM
76.96%
GROSS MARGIN AVG 3Y
21.15%
GROSS MARGIN AVG 5Y
17.33%
GROSS MARGIN AVG 10Y
16.58%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-44.27%
CURRENT VS 3Y AVG
+102.79%
CURRENT VS 5Y AVG
+147.42%
CURRENT VS 10Y AVG
+158.69%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
31.81%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+34.83%
vs the sector median at left
Constellation Energy Corporation
Market Cap
$95.21B
Gross Margin
42.89%
TTM Avg
76.96%
3Y Avg
21.15%
5Y Avg
17.33%
Market Cap
$96.16B
Gross Margin
31.56%
TTM Avg
40.81%
3Y Avg
43.52%
5Y Avg
45.20%
Market Cap
$107.10B
Gross Margin
29.81%
TTM Avg
39.87%
3Y Avg
40.60%
5Y Avg
42.55%
Market Cap
$68.85B
Gross Margin
31.81%
TTM Avg
31.87%
3Y Avg
29.49%
5Y Avg
29.12%
Market Cap
$60.05B
Gross Margin
49.02%
TTM Avg
48.45%
3Y Avg
47.75%
5Y Avg
48.31%
Market Cap
$49.86B
Gross Margin
29.91%
TTM Avg
39.10%
3Y Avg
40.10%
5Y Avg
41.00%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Constellation Energy Corporation (CEG) | $95.21B | 42.89% | 76.96% | 21.15% | 17.33% |
| Duke Energy Corporation (DUK)vs › | $96.16B | 31.56% | 40.81% | 43.52% | 45.20% |
| The Southern Company (SO)vs › | $107.10B | 29.81% | 39.87% | 40.60% | 42.55% |
| American Electric Power Company, Inc. (AEP)vs › | $68.85B | 31.81% | 31.87% | 29.49% | 29.12% |
| Dominion Energy, Inc. (D)vs › | $60.05B | 49.02% | 48.45% | 47.75% | 48.31% |
| Sempra (SRE)vs › | $55.39B | 30.61% | 28.17% | 26.70% | 27.26% |
| Entergy Corporation (ETR)vs › | $49.86B | 29.91% | 39.10% | 40.10% | 41.00% |
| Xcel Energy Inc. (XEL)vs › | $48.22B | 24.30% | 35.02% | 37.60% | 38.77% |
| Vistra Corp. (VST)vs › | $47.40B | 12.72% | 28.61% | 27.97% | 22.49% |
| Exelon Corporation (EXC)vs › | $47.14B | 24.54% | 34.38% | 37.99% | 36.64% |
Gross Margin
42.9%
(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 | 42.89% |
| 2025-12-31 | 287.55% |
| 2025-09-30 | 23.72% |
| 2025-06-30 | 18.00% |
| 2025-03-31 | 12.65% |
| 2024-12-31 | 23.89% |
| 2024-09-30 | 28.95% |
| 2024-06-30 | 28.18% |
| 2024-03-31 | 20.42% |
| 2023-12-31 | 4.61% |
| 2023-09-30 | 24.30% |
| 2023-06-30 | 20.53% |
| 2023-03-31 | 5.64% |
| 2022-12-31 | 3.97% |
| 2022-09-30 | 5.73% |
| 2022-06-30 | 13.08% |
| 2022-03-31 | 14.95% |
| 2021-12-31 | -4.90% |
| 2021-09-30 | 43.05% |
| 2021-06-30 | 17.94% |
| 2021-03-31 | -0.94% |
| 2020-12-31 | 7.99% |
| 2020-09-30 | 29.94% |
| 2020-06-30 | 19.30% |
| 2020-03-31 | 16.35% |
| 2019-12-31 | 13.03% |
| 2019-09-30 | 22.52% |
| 2019-06-30 | 15.49% |
| 2019-03-31 | 15.05% |
| 2018-12-31 | 10.67% |
| 2018-09-30 | 17.66% |
| 2018-06-30 | 19.28% |
| 2018-03-31 | 16.44% |
| 2017-12-31 | 19.56% |
| 2017-09-30 | 22.40% |
| 2017-06-30 | 13.09% |
| 2017-03-31 | 12.71% |
| 2016-12-31 | 15.82% |
| 2016-09-30 | 25.24% |
| 2016-06-30 | 14.57% |
| 2016-03-31 | 20.66% |
| 2015-12-31 | 14.83% |
| 2015-09-30 | 21.29% |
| 2015-06-30 | 25.59% |
| 2015-03-31 | 19.34% |
| 2014-12-31 | 14.24% |
| 2014-09-30 | 31.19% |
| 2014-06-30 | 16.97% |
| 2014-03-31 | -0.91% |
| 2013-12-31 | 17.39% |
| 2013-09-30 | 24.25% |
| 2013-06-30 | 25.72% |
| 2013-03-31 | 7.78% |
| 2012-12-31 | 4.23% |
| 2012-09-30 | 13.87% |