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 46.24% is 38% below its 5-year average of 74.86%, near the low end of its 5-year range (43.99%–100.00%).
31.56% below its 12-month average of 67.56%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 100.00%.
GROSS MARGIN
46.24%
GROSS MARGIN AVG TTM
67.56%
GROSS MARGIN AVG 3Y
68.63%
GROSS MARGIN AVG 5Y
74.86%
GROSS MARGIN AVG 10Y
77.02%
GROSS MARGIN AVG 15Y
75.76%
GROSS MARGIN AVG 20Y
79.36%
CURRENT VS TTM AVG
-31.56%
CURRENT VS 3Y AVG
-32.63%
CURRENT VS 5Y AVG
-38.23%
CURRENT VS 10Y AVG
-39.96%
CURRENT VS 15Y AVG
-38.97%
CURRENT VS 20Y AVG
-41.73%
SECTOR MEDIAN · ENERGY
30.57%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+51.26%
vs the sector median at left
Dorchester Minerals, L.P.
Market Cap
$1.40B
Gross Margin
46.24%
TTM Avg
67.56%
3Y Avg
68.63%
5Y Avg
74.86%
Market Cap
$1.44B
Gross Margin
81.55%
TTM Avg
84.88%
3Y Avg
87.97%
5Y Avg
89.16%
Market Cap
$1.99B
Gross Margin
22.16%
TTM Avg
-40.99%
3Y Avg
-7.79%
5Y Avg
5.41%
Market Cap
$619.92M
Gross Margin
24.27%
TTM Avg
27.88%
3Y Avg
23.77%
5Y Avg
21.06%
Market Cap
$2.79B
Gross Margin
23.27%
TTM Avg
25.71%
3Y Avg
31.64%
5Y Avg
34.07%
Market Cap
$3.85B
Gross Margin
10.49%
TTM Avg
20.61%
3Y Avg
19.84%
5Y Avg
12.13%
Market Cap
$4.28B
Gross Margin
46.95%
TTM Avg
46.97%
3Y Avg
45.48%
5Y Avg
44.46%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dorchester Minerals, L.P. (DMLP) | $1.40B | 46.24% | 67.56% | 68.63% | 74.86% |
| Natural Resource Partners L.P. (NRP)vs › | $1.44B | 81.55% | 84.88% | 87.97% | 89.16% |
| SolarEdge Technologies, Inc. (SEDG)vs › | $1.99B | 22.16% | -40.99% | -7.79% | 5.41% |
| Array Technologies, Inc. (ARRY)vs › | $619.92M | 24.27% | 27.88% | 23.77% | 21.06% |
| Star Group, L.P. (SGU)vs › | $421.26M | 30.48% | 28.09% | 25.29% | 26.81% |
| enCore Energy Corp. (EU)vs › | $240.84M | 22.46% | 5.06% | 14.79% | 9.86% |
| Centrus Energy Corp. (LEU)vs › | $2.79B | 23.27% | 25.71% | 31.64% | 34.07% |
| Helmerich & Payne, Inc. (HP)vs › | $3.85B | 10.49% | 20.61% | 19.84% | 12.13% |
| Enphase Energy, Inc. (ENPH)vs › | $4.28B | 46.95% | 46.97% | 45.48% | 44.46% |
| Oceaneering International, Inc. (OII)vs › | $4.60B | 19.82% | 19.33% | 17.50% | 15.52% |
Gross Margin
46.2%
(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 | 100.00% |
| 2026-03-31 | 56.73% |
| 2025-12-31 | 46.47% |
| 2025-09-30 | 87.78% |
| 2025-06-30 | 46.83% |
| 2025-03-31 | 50.87% |
| 2024-12-31 | 43.99% |
| 2024-09-30 | 92.27% |
| 2024-06-30 | 70.07% |
| 2024-03-31 | 69.20% |
| 2023-12-31 | 78.71% |
| 2023-09-30 | 75.74% |
| 2023-06-30 | 73.58% |
| 2023-03-31 | 93.23% |
| 2022-12-31 | 78.84% |
| 2022-09-30 | 92.77% |
| 2022-06-30 | 91.98% |
| 2022-03-31 | 80.86% |
| 2021-12-31 | 82.48% |
| 2021-09-30 | 79.02% |
| 2021-06-30 | 80.68% |
| 2021-03-31 | 78.53% |
| 2020-12-31 | 68.44% |
| 2020-09-30 | 62.59% |
| 2020-06-30 | 36.87% |
| 2020-03-31 | 69.00% |
| 2019-12-31 | 72.95% |
| 2019-09-30 | 74.41% |
| 2019-06-30 | 72.24% |
| 2019-03-31 | 79.41% |
| 2018-12-31 | 83.76% |
| 2018-09-30 | 72.79% |
| 2018-06-30 | 82.96% |
| 2018-03-31 | 78.34% |
| 2017-12-31 | 78.82% |
| 2017-09-30 | 67.03% |
| 2017-06-30 | 76.55% |
| 2017-03-31 | 78.46% |
| 2016-12-31 | 73.48% |
| 2016-09-30 | 72.08% |
| 2016-06-30 | 69.77% |
| 2016-03-31 | 55.22% |
| 2015-12-31 | 56.85% |
| 2015-09-30 | 50.71% |
| 2015-06-30 | 59.93% |
| 2015-03-31 | 60.26% |
| 2014-12-31 | 76.72% |
| 2014-09-30 | 74.83% |
| 2014-06-30 | 76.06% |
| 2014-03-31 | 77.18% |
| 2013-12-31 | 77.39% |
| 2013-09-30 | 70.27% |
| 2013-06-30 | 74.34% |
| 2013-03-31 | 64.66% |
| 2012-12-31 | 21.52% |
| 2012-09-30 | 88.71% |
| 2012-06-30 | 91.97% |
| 2012-03-31 | 92.07% |
| 2011-12-31 | 91.13% |
| 2011-09-30 | 91.29% |
| 2011-06-30 | 90.83% |
| 2011-03-31 | 90.57% |
| 2010-12-31 | 91.46% |
| 2010-09-30 | 92.20% |
| 2010-06-30 | 93.43% |
| 2010-03-31 | 92.21% |
| 2009-12-31 | 94.71% |
| 2009-09-30 | 90.50% |
| 2009-06-30 | 91.28% |
| 2009-03-31 | 91.63% |
| 2008-12-31 | 95.09% |
| 2008-09-30 | 93.91% |
| 2008-06-30 | 95.36% |
| 2008-03-31 | 94.40% |
| 2007-12-31 | 94.33% |
| 2007-09-30 | 94.31% |
| 2007-06-30 | 94.19% |
| 2007-03-31 | 93.42% |
| 2006-12-31 | 94.09% |
| 2006-09-30 | 92.22% |
| 2006-06-30 | 95.81% |
| 2006-03-31 | 95.59% |
| 2005-12-31 | 95.53% |
| 2005-09-30 | 95.65% |
| 2005-06-30 | 95.45% |
| 2005-03-31 | 95.13% |
| 2004-12-31 | 103.62% |
| 2004-09-30 | 95.24% |
| 2004-06-30 | 96.29% |
| 2004-03-31 | 95.66% |
| 2003-12-31 | 106.96% |
| 2003-09-30 | 95.28% |
| 2003-06-30 | 95.27% |
| 2003-03-31 | 94.40% |
| 2002-12-31 | 80.78% |