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 53.43% is 18% below its 5-year average of 65.35%, around the middle of its 5-year range (25.68%–72.31%).
4.36% below its 12-month average of 55.86%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
53.43%
GROSS MARGIN AVG TTM
55.86%
GROSS MARGIN AVG 3Y
65.48%
GROSS MARGIN AVG 5Y
65.35%
GROSS MARGIN AVG 10Y
65.94%
GROSS MARGIN AVG 15Y
62.56%
GROSS MARGIN AVG 20Y
61.35%
CURRENT VS TTM AVG
-4.36%
CURRENT VS 3Y AVG
-18.41%
CURRENT VS 5Y AVG
-18.24%
CURRENT VS 10Y AVG
-18.97%
CURRENT VS 15Y AVG
-14.60%
CURRENT VS 20Y AVG
-12.90%
SECTOR MEDIAN · UTILITIES
41.05%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+30.16%
vs the sector median at left
Market Cap
$26.20B
Gross Margin
28.71%
TTM Avg
37.36%
3Y Avg
38.38%
5Y Avg
38.57%
Market Cap
$27.81B
Gross Margin
52.37%
TTM Avg
55.14%
3Y Avg
50.37%
5Y Avg
50.93%
Market Cap
$27.89B
Gross Margin
47.20%
TTM Avg
51.83%
3Y Avg
55.28%
5Y Avg
55.50%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FirstEnergy Corp. (FE) | $26.73B | 53.43% | 55.86% | 65.48% | 65.35% |
| Eversource Energy (ES)vs › | $26.49B | 35.24% | 30.63% | 36.49% | 40.66% |
| CenterPoint Energy, Inc. (CNP)vs › | $26.20B | 28.71% | 37.36% | 38.38% | 38.57% |
| PPL Corporation (PPL)vs › | $26.00B | 42.73% | 41.41% | 39.69% | 42.77% |
| Atmos Energy Corporation (ATO)vs › | $27.81B | 52.37% | 55.14% | 50.37% | 50.93% |
| American Water Works Company, Inc. (AWK)vs › | $27.89B | 47.20% | 51.83% | 55.28% | 55.50% |
| DTE Energy Company (DTE)vs › | $28.31B | 84.94% | 59.88% | 43.20% | 37.30% |
| NRG Energy, Inc. (NRG)vs › | $24.34B | 16.42% | 21.65% | 16.06% | 19.41% |
| Ameren Corporation (AEE)vs › | $29.40B | 29.58% | 38.75% | 41.44% | 43.64% |
| Edison International (EIX)vs › | $22.10B | 57.83% | 49.42% | 43.87% | 41.83% |
Gross Margin
53.4%
(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 | 64.30% |
| 2026-03-31 | 62.16% |
| 2025-12-31 | 25.68% |
| 2025-09-30 | 60.34% |
| 2025-06-30 | 66.83% |
| 2025-03-31 | 67.14% |
| 2024-12-31 | 68.36% |
| 2024-09-30 | 67.15% |
| 2024-06-30 | 69.36% |
| 2024-03-31 | 65.29% |
| 2023-12-31 | 67.13% |
| 2023-09-30 | 62.12% |
| 2023-06-30 | 65.60% |
| 2023-03-31 | 61.10% |
| 2022-12-31 | 60.09% |
| 2022-09-30 | 62.07% |
| 2022-06-30 | 64.80% |
| 2022-03-31 | 66.04% |
| 2021-12-31 | 67.03% |
| 2021-09-30 | 67.80% |
| 2021-06-30 | 72.31% |
| 2021-03-31 | 69.33% |
| 2020-12-31 | 71.58% |
| 2020-09-30 | 71.31% |
| 2020-06-30 | 72.64% |
| 2020-03-31 | 70.76% |
| 2019-12-31 | 68.13% |
| 2019-09-30 | 68.95% |
| 2019-06-30 | 70.59% |
| 2019-03-31 | 68.37% |
| 2018-12-31 | 68.63% |
| 2018-09-30 | 66.94% |
| 2018-06-30 | 66.57% |
| 2018-03-31 | 63.94% |
| 2017-12-31 | 69.67% |
| 2017-09-30 | 54.12% |
| 2017-06-30 | 54.73% |
| 2017-03-31 | 52.36% |
| 2016-12-31 | 63.91% |
| 2016-09-30 | 63.52% |
| 2016-06-30 | 60.98% |
| 2016-03-31 | 61.10% |
| 2015-12-31 | 58.09% |
| 2015-09-30 | 58.99% |
| 2015-06-30 | 60.40% |
| 2015-03-31 | 58.28% |
| 2014-12-31 | 55.24% |
| 2014-09-30 | 55.45% |
| 2014-06-30 | 53.29% |
| 2014-03-31 | 50.37% |
| 2013-12-31 | 55.80% |
| 2013-09-30 | 55.87% |
| 2013-06-30 | 57.20% |
| 2013-03-31 | 57.58% |
| 2012-12-31 | 65.19% |
| 2012-09-30 | 54.58% |
| 2012-06-30 | 53.17% |
| 2012-03-31 | 53.70% |
| 2011-12-31 | 53.16% |
| 2011-09-30 | 58.02% |
| 2011-06-30 | 54.31% |
| 2011-03-31 | 54.17% |
| 2010-12-31 | 56.54% |
| 2010-09-30 | 53.89% |
| 2010-06-30 | 55.18% |
| 2010-03-31 | 52.35% |
| 2009-12-31 | 48.78% |
| 2009-09-30 | 52.61% |
| 2009-06-30 | 60.26% |
| 2009-03-31 | 56.36% |
| 2008-12-31 | 60.79% |
| 2008-09-30 | 57.43% |
| 2008-06-30 | 57.29% |
| 2008-03-31 | 59.48% |
| 2007-12-31 | 60.60% |
| 2007-09-30 | 58.94% |
| 2007-06-30 | 61.88% |
| 2007-03-31 | 62.29% |
| 2006-12-31 | 61.66% |
| 2006-09-30 | 60.19% |
| 2006-06-30 | 63.17% |
| 2006-03-31 | 60.00% |
| 2005-12-31 | 66.96% |
| 2005-09-30 | 64.12% |
| 2005-06-30 | 65.21% |
| 2005-03-31 | 65.94% |
| 2004-12-31 | 76.75% |
| 2004-09-30 | 59.38% |
| 2004-06-30 | 60.25% |
| 2004-03-31 | 58.53% |
| 2003-12-31 | 61.86% |
| 2003-09-30 | 61.50% |
| 2003-06-30 | 59.06% |
| 2003-03-31 | 58.44% |
| 2002-12-31 | 68.14% |
| 2002-09-30 | 58.25% |