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 6.46% is 80% below its 5-year average of 32.76%, near the low end of its 5-year range (6.46%–53.81%).
70.66% below its 12-month average of 22.02%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 48.08%.
GROSS MARGIN
6.46%
GROSS MARGIN AVG TTM
22.02%
GROSS MARGIN AVG 3Y
26.70%
GROSS MARGIN AVG 5Y
32.76%
GROSS MARGIN AVG 10Y
49.45%
GROSS MARGIN AVG 15Y
60.46%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-70.66%
CURRENT VS 3Y AVG
-75.81%
CURRENT VS 5Y AVG
-80.28%
CURRENT VS 10Y AVG
-86.94%
CURRENT VS 15Y AVG
-89.32%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
24.34%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
-73.46%
vs the sector median at left
Chord Energy Corporation
Market Cap
$7.84B
Gross Margin
6.46%
TTM Avg
22.02%
3Y Avg
26.70%
5Y Avg
32.76%
Market Cap
$7.02B
Gross Margin
49.28%
TTM Avg
61.84%
3Y Avg
57.34%
5Y Avg
45.19%
Market Cap
$9.49B
Gross Margin
2.83%
TTM Avg
3.13%
3Y Avg
2.77%
5Y Avg
2.77%
Market Cap
$9.81B
Gross Margin
62.92%
TTM Avg
64.44%
3Y Avg
63.13%
5Y Avg
63.71%
Market Cap
$5.85B
Gross Margin
21.70%
TTM Avg
28.16%
3Y Avg
30.12%
5Y Avg
28.30%
Market Cap
$4.70B
Gross Margin
46.42%
TTM Avg
40.13%
3Y Avg
45.19%
5Y Avg
42.41%
Market Cap
$4.48B
Gross Margin
8.28%
TTM Avg
9.02%
3Y Avg
12.41%
5Y Avg
10.94%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chord Energy Corporation (CHRD) | $7.84B | 6.46% | 22.02% | 26.70% | 32.76% |
| Hess Midstream LP (HESM)vs › | $7.89B | 80.77% | 86.58% | 86.15% | 86.08% |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $7.02B | 49.28% | 61.84% | 57.34% | 45.19% |
| ARKO Petroleum Corp. Class A Common Stock (APC)vs › | $9.49B | 2.83% | 3.13% | 2.77% | 2.77% |
| Antero Midstream Corporation (AM)vs › | $9.81B | 62.92% | 64.44% | 63.13% | 63.71% |
| Weatherford International plc (WFRD)vs › | $5.85B | 21.70% | 28.16% | 30.12% | 28.30% |
| Golar LNG Limited (GLNG)vs › | $5.05B | 46.85% | 39.80% | 46.01% | 47.58% |
| California Resources Corp (CRC)vs › | $4.70B | 46.42% | 40.13% | 45.19% | 42.41% |
| Icahn Enterprises L.P. (IEP)vs › | $4.48B | 8.28% | 9.02% | 12.41% | 10.94% |
| Oceaneering International, Inc. (OII)vs › | $4.43B | 19.82% | 19.33% | 17.50% | 15.52% |
Gross Margin
6.5%
(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 | 48.08% |
| 2026-03-31 | 22.24% |
| 2025-12-31 | 10.37% |
| 2025-09-30 | 14.87% |
| 2025-06-30 | 14.55% |
| 2025-03-31 | 30.69% |
| 2024-12-31 | 21.29% |
| 2024-09-30 | 23.11% |
| 2024-06-30 | 28.33% |
| 2024-03-31 | 27.97% |
| 2023-12-31 | 39.13% |
| 2023-09-30 | 33.79% |
| 2023-06-30 | 32.71% |
| 2023-03-31 | 42.63% |
| 2022-12-31 | 47.26% |
| 2022-09-30 | 53.81% |
| 2022-06-30 | 45.04% |
| 2022-03-31 | 48.28% |
| 2021-12-31 | 24.73% |
| 2021-09-30 | 44.93% |
| 2021-06-30 | 34.15% |
| 2021-03-31 | 36.94% |
| 2020-12-31 | 43.93% |
| 2020-09-30 | 41.83% |
| 2020-06-30 | 18.64% |
| 2020-03-31 | -4.57% |
| 2019-12-31 | -51.18% |
| 2019-09-30 | 12.99% |
| 2019-06-30 | 58.40% |
| 2019-03-31 | 53.62% |
| 2018-12-31 | 96.85% |
| 2018-09-30 | 96.33% |
| 2018-06-30 | 95.76% |
| 2018-03-31 | 96.35% |
| 2017-12-31 | 95.61% |
| 2017-09-30 | 95.59% |
| 2017-06-30 | 67.27% |
| 2017-03-31 | 97.46% |
| 2016-12-31 | 96.49% |
| 2016-09-30 | 95.40% |
| 2016-06-30 | 95.04% |
| 2016-03-31 | 96.63% |
| 2015-12-31 | 1.05% |
| 2015-09-30 | 94.88% |
| 2015-06-30 | 88.30% |
| 2015-03-31 | 95.97% |
| 2014-12-31 | 79.54% |
| 2014-09-30 | 95.55% |
| 2014-06-30 | 96.66% |
| 2014-03-31 | 44.19% |
| 2013-12-31 | 97.21% |
| 2013-09-30 | 96.60% |
| 2013-06-30 | 97.31% |
| 2013-03-31 | 98.63% |
| 2012-12-31 | 97.76% |
| 2012-09-30 | 97.05% |
| 2012-06-30 | 97.71% |
| 2012-03-31 | 99.39% |
| 2011-12-31 | 89.83% |
| 2011-09-30 | 99.55% |
| 2011-06-30 | 97.71% |
| 2011-03-31 | 97.65% |
| 2010-12-31 | 88.53% |
| 2010-09-30 | 97.50% |
| 2010-06-30 | 70.42% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |