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 35.26% is in line with its 5-year average of 34.79%, near the high end of its 5-year range (27.32%–38.20%).
1.58% below its 12-month average of 35.82%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 33.35%.
GROSS MARGIN
35.26%
GROSS MARGIN AVG TTM
35.82%
GROSS MARGIN AVG 3Y
35.48%
GROSS MARGIN AVG 5Y
34.79%
GROSS MARGIN AVG 10Y
37.06%
GROSS MARGIN AVG 15Y
36.83%
GROSS MARGIN AVG 20Y
36.49%
CURRENT VS TTM AVG
-1.58%
CURRENT VS 3Y AVG
-0.61%
CURRENT VS 5Y AVG
+1.35%
CURRENT VS 10Y AVG
-4.86%
CURRENT VS 15Y AVG
-4.25%
CURRENT VS 20Y AVG
-3.37%
SECTOR MEDIAN · UTILITIES
35.26%
median of 61 covered companies
CURRENT VS SECTOR MEDIAN
0.00%
vs the sector median at left
Consolidated Water Co. Ltd.
Market Cap
$489.77M
Gross Margin
35.26%
TTM Avg
35.82%
3Y Avg
35.48%
5Y Avg
34.79%
Market Cap
$416.59M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$359.19M
Gross Margin
-9.41%
TTM Avg
-20.04%
3Y Avg
-26.30%
5Y Avg
-28.85%
Market Cap
$347.73M
Gross Margin
37.35%
TTM Avg
43.34%
3Y Avg
46.07%
5Y Avg
47.48%
Market Cap
$328.81M
Gross Margin
0.00%
TTM Avg
50.00%
3Y Avg
66.67%
5Y Avg
66.67%
Market Cap
$677.50M
Gross Margin
18.59%
TTM Avg
37.22%
3Y Avg
38.26%
5Y Avg
32.77%
Market Cap
$262.18M
Gross Margin
57.76%
TTM Avg
65.09%
3Y Avg
64.12%
5Y Avg
58.05%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Consolidated Water Co. Ltd. (CWCO) | $489.77M | 35.26% | 35.82% | 35.48% | 34.79% |
| Terra Innovatum Global N.V. Ordinary shares (NKLR)vs › | $416.59M | 0.00% | 0.00% | 0.00% | 0.00% |
| Digi Power X Inc. (DGXX)vs › | $359.19M | -9.41% | -20.04% | -26.30% | -28.85% |
| Artesian Resources Corporation (ARTNA)vs › | $347.73M | 37.35% | 43.34% | 46.07% | 47.48% |
| Terrestrial Energy Inc. (IMSR)vs › | $328.81M | 0.00% | 50.00% | 66.67% | 66.67% |
| Hallador Energy Company (HNRG)vs › | $677.50M | 18.59% | 37.22% | 38.26% | 32.77% |
| Cadiz Inc. (CDZI)vs › | $298.94M | 27.14% | 27.80% | -6.78% | 28.82% |
| Pure Cycle Corporation (PCYO)vs › | $262.18M | 57.76% | 65.09% | 64.12% | 58.05% |
| Cadiz Inc. (CDZIP)vs › | $249.34M | 27.14% | 27.80% | -6.78% | 28.82% |
| Global Water Resources, Inc. (GWRS)vs › | $234.85M | 44.86% | 59.41% | 67.64% | 70.22% |
Gross Margin
35.3%
(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 | 33.35% |
| 2026-03-31 | 35.98% |
| 2025-12-31 | 34.72% |
| 2025-09-30 | 36.86% |
| 2025-06-30 | 38.20% |
| 2025-03-31 | 36.50% |
| 2024-12-31 | 29.89% |
| 2024-09-30 | 34.84% |
| 2024-06-30 | 35.78% |
| 2024-03-31 | 34.97% |
| 2023-12-31 | 36.22% |
| 2023-09-30 | 33.33% |
| 2023-06-30 | 34.96% |
| 2023-03-31 | 32.12% |
| 2022-12-31 | 31.27% |
| 2022-09-30 | 27.32% |
| 2022-06-30 | 35.48% |
| 2022-03-31 | 36.54% |
| 2021-12-31 | 33.79% |
| 2021-09-30 | 34.67% |
| 2021-06-30 | 36.31% |
| 2021-03-31 | 35.82% |
| 2020-12-31 | 31.75% |
| 2020-09-30 | 35.18% |
| 2020-06-30 | 38.26% |
| 2020-03-31 | 40.72% |
| 2019-12-31 | 40.03% |
| 2019-09-30 | 42.22% |
| 2019-06-30 | 41.26% |
| 2019-03-31 | 40.98% |
| 2018-12-31 | 38.34% |
| 2018-09-30 | 39.98% |
| 2018-06-30 | 41.56% |
| 2018-03-31 | 43.06% |
| 2017-12-31 | 39.51% |
| 2017-09-30 | 38.06% |
| 2017-06-30 | 42.53% |
| 2017-03-31 | 43.59% |
| 2016-12-31 | 39.57% |
| 2016-09-30 | 41.15% |
| 2016-06-30 | 42.81% |
| 2016-03-31 | 44.01% |
| 2015-12-31 | 40.85% |
| 2015-09-30 | 37.97% |
| 2015-06-30 | 40.51% |
| 2015-03-31 | 41.29% |
| 2014-12-31 | 33.26% |
| 2014-09-30 | 33.49% |
| 2014-06-30 | 37.62% |
| 2014-03-31 | 36.52% |
| 2013-12-31 | 37.10% |
| 2013-09-30 | 33.86% |
| 2013-06-30 | 38.61% |
| 2013-03-31 | 37.57% |
| 2012-12-31 | 32.42% |
| 2012-09-30 | 33.05% |
| 2012-06-30 | 33.30% |
| 2012-03-31 | 35.55% |
| 2011-12-31 | 33.16% |
| 2011-09-30 | 31.30% |
| 2011-06-30 | 35.40% |
| 2011-03-31 | 37.76% |
| 2010-12-31 | 26.83% |
| 2010-09-30 | 32.24% |
| 2010-06-30 | 33.32% |
| 2010-03-31 | 37.38% |
| 2009-12-31 | 33.36% |
| 2009-09-30 | 37.23% |
| 2009-06-30 | 49.09% |
| 2009-03-31 | 37.70% |
| 2008-12-31 | 21.05% |
| 2008-09-30 | 30.39% |
| 2008-06-30 | 30.60% |
| 2008-03-31 | 35.62% |
| 2007-12-31 | 36.52% |
| 2007-09-30 | 36.25% |
| 2007-06-30 | 37.48% |
| 2007-03-31 | 41.65% |
| 2006-12-31 | 28.05% |
| 2006-09-30 | 38.05% |
| 2006-06-30 | 45.80% |
| 2006-03-31 | 51.64% |
| 2005-12-31 | 40.31% |
| 2005-09-30 | 35.50% |
| 2005-06-30 | 42.46% |
| 2005-03-31 | 39.59% |
| 2004-12-31 | 36.36% |
| 2004-09-30 | 36.79% |
| 2004-06-30 | 44.46% |
| 2004-03-31 | 45.87% |
| 2003-12-31 | 37.93% |
| 2003-09-30 | 41.60% |
| 2003-06-30 | 49.50% |
| 2003-03-31 | 48.39% |
| 2002-12-31 | 37.21% |
| 2002-09-30 | 39.95% |