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 70.20% is in line with its 5-year average of 72.92%, near the low end of its 5-year range (61.85%–97.66%).
1.14% above its 12-month average of 69.41%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
70.20%
GROSS MARGIN AVG TTM
69.41%
GROSS MARGIN AVG 3Y
69.99%
GROSS MARGIN AVG 5Y
72.92%
GROSS MARGIN AVG 10Y
68.18%
GROSS MARGIN AVG 15Y
65.82%
GROSS MARGIN AVG 20Y
69.31%
CURRENT VS TTM AVG
+1.14%
CURRENT VS 3Y AVG
+0.30%
CURRENT VS 5Y AVG
-3.73%
CURRENT VS 10Y AVG
+2.96%
CURRENT VS 15Y AVG
+6.65%
CURRENT VS 20Y AVG
+1.28%
SECTOR MEDIAN · ENERGY
30.48%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+130.31%
vs the sector median at left
EOG Resources, Inc.
Market Cap
$78.58B
Gross Margin
70.20%
TTM Avg
69.41%
3Y Avg
69.99%
5Y Avg
72.92%
Market Cap
$85.00B
Gross Margin
13.25%
TTM Avg
13.23%
3Y Avg
12.88%
5Y Avg
14.52%
Market Cap
$71.32B
Gross Margin
43.66%
TTM Avg
40.16%
3Y Avg
35.59%
5Y Avg
35.99%
Market Cap
$66.08B
Gross Margin
51.47%
TTM Avg
49.00%
3Y Avg
48.84%
5Y Avg
49.25%
Market Cap
$92.45B
Gross Margin
42.86%
TTM Avg
50.78%
3Y Avg
53.52%
5Y Avg
52.60%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| EOG Resources, Inc. (EOG) | $78.58B | 70.20% | 69.41% | 69.99% | 72.92% |
| Eni S.p.A. (E)vs › | $80.64B | 9.89% | 11.21% | 14.28% | 13.96% |
| Suncor Energy Inc. (SU)vs › | $81.24B | 54.01% | 58.87% | 59.64% | 59.36% |
| Energy Transfer LP (ET)vs › | $74.14B | 24.11% | 20.38% | 18.28% | 19.90% |
| Enterprise Products Partners L.P. (EPD)vs › | $85.00B | 13.25% | 13.23% | 12.88% | 14.52% |
| Kinder Morgan, Inc. (KMI)vs › | $71.32B | 43.66% | 40.16% | 35.59% | 35.99% |
| Slb N.V. (SLB)vs › | $87.53B | 16.53% | 19.38% | 19.24% | 17.32% |
| TC Energy Corporation (TRP)vs › | $66.08B | 51.47% | 49.00% | 48.84% | 49.25% |
| The Williams Companies, Inc. (WMB)vs › | $92.45B | 42.86% | 50.78% | 53.52% | 52.60% |
| Baker Hughes Company (BKR)vs › | $64.48B | 23.57% | 23.45% | 23.37% | 22.28% |
Gross Margin
70.2%
(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 | 63.64% |
| 2026-03-31 | 79.31% |
| 2025-12-31 | 77.78% |
| 2025-09-30 | 61.85% |
| 2025-06-30 | 64.44% |
| 2025-03-31 | 68.26% |
| 2024-12-31 | 97.66% |
| 2024-09-30 | 68.15% |
| 2024-06-30 | 70.19% |
| 2024-03-31 | 67.72% |
| 2023-12-31 | 75.36% |
| 2023-09-30 | 72.63% |
| 2023-06-30 | 70.51% |
| 2023-03-31 | 72.18% |
| 2022-12-31 | 78.60% |
| 2022-09-30 | 81.47% |
| 2022-06-30 | 83.96% |
| 2022-03-31 | 80.62% |
| 2021-12-31 | 76.61% |
| 2021-09-30 | 74.35% |
| 2021-06-30 | 70.79% |
| 2021-03-31 | 67.58% |
| 2020-12-31 | 56.63% |
| 2020-09-30 | 49.41% |
| 2020-06-30 | 13.38% |
| 2020-03-31 | 58.04% |
| 2019-12-31 | 66.38% |
| 2019-09-30 | 65.85% |
| 2019-06-30 | 68.41% |
| 2019-03-31 | 67.15% |
| 2018-12-31 | 68.45% |
| 2018-09-30 | 71.08% |
| 2018-06-30 | 71.09% |
| 2018-03-31 | 69.12% |
| 2017-12-31 | 64.85% |
| 2017-09-30 | 57.11% |
| 2017-06-30 | 55.48% |
| 2017-03-30 | 56.31% |
| 2016-12-31 | 51.29% |
| 2016-09-30 | 41.72% |
| 2016-06-30 | 38.75% |
| 2016-03-31 | 9.80% |
| 2015-12-31 | 40.84% |
| 2015-09-30 | 51.14% |
| 2015-06-30 | 50.82% |
| 2015-03-31 | 41.25% |
| 2014-12-31 | 58.47% |
| 2014-09-30 | 68.28% |
| 2014-06-30 | 68.77% |
| 2014-03-31 | 69.13% |
| 2013-12-31 | 66.62% |
| 2013-09-30 | 66.99% |
| 2013-06-30 | 66.64% |
| 2013-03-31 | 65.91% |
| 2012-12-31 | -10.08% |
| 2012-09-30 | 61.53% |
| 2012-06-30 | 58.40% |
| 2012-03-31 | 60.07% |
| 2011-12-30 | 83.93% |
| 2011-09-30 | 84.23% |
| 2011-06-30 | 85.80% |
| 2011-03-31 | 78.61% |
| 2010-12-31 | 79.03% |
| 2010-09-30 | 77.71% |
| 2010-06-30 | 75.13% |
| 2010-03-31 | 74.86% |
| 2009-12-31 | 82.97% |
| 2009-09-30 | 72.75% |
| 2009-06-30 | 67.24% |
| 2009-03-31 | 75.42% |
| 2008-12-31 | 53.91% |
| 2008-09-30 | 91.41% |
| 2008-06-30 | 75.51% |
| 2008-03-31 | 74.97% |
| 2007-12-31 | 77.57% |
| 2007-09-30 | 73.56% |
| 2007-06-30 | 78.42% |
| 2007-03-31 | 75.86% |
| 2006-12-31 | 76.72% |
| 2006-09-30 | 82.26% |
| 2006-06-30 | 82.25% |
| 2006-03-31 | 84.72% |
| 2005-12-31 | 91.36% |
| 2005-09-30 | 82.72% |
| 2005-06-30 | 82.48% |
| 2005-03-31 | 80.78% |
| 2004-12-31 | 79.64% |
| 2004-09-30 | 78.13% |
| 2004-06-30 | 79.93% |
| 2004-03-31 | 78.37% |
| 2003-12-31 | 92.29% |
| 2003-09-30 | 75.22% |
| 2003-06-30 | 75.36% |
| 2003-03-31 | 84.41% |
| 2002-12-31 | 65.55% |
| 2002-09-30 | 71.61% |
