Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 21.26% is 21% above its 3-year average of 17.57%, near the high end of its 3-year range (12.44%–21.26%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.45% above its 12-month average of 20.16%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
21.26%
GROSS MARGIN AVG TTM
20.16%
GROSS MARGIN AVG 3Y
17.89%
GROSS MARGIN AVG 5Y
N/A
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+5.45%
CURRENT VS 3Y AVG
+18.87%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
35.78%
median of 44 covered companies
CURRENT VS SECTOR MEDIAN
-40.57%
vs the sector median at left
Market Cap
$176.58B
Gross Margin
62.80%
TTM Avg
61.43%
3Y Avg
58.80%
5Y Avg
57.47%
Market Cap
$106.63B
Gross Margin
29.81%
TTM Avg
39.87%
3Y Avg
40.60%
5Y Avg
42.55%
Market Cap
$97.33B
Gross Margin
31.56%
TTM Avg
40.81%
3Y Avg
43.52%
5Y Avg
45.20%
Market Cap
$96.92B
Gross Margin
75.83%
TTM Avg
50.63%
3Y Avg
30.81%
5Y Avg
25.97%
Market Cap
$68.45B
Gross Margin
31.81%
TTM Avg
31.87%
3Y Avg
29.49%
5Y Avg
29.12%
Market Cap
$59.27B
Gross Margin
49.02%
TTM Avg
48.45%
3Y Avg
47.75%
5Y Avg
48.31%
Market Cap
$50.01B
Gross Margin
29.91%
TTM Avg
39.10%
3Y Avg
40.10%
5Y Avg
41.00%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GE Vernova Inc. (GEV) | $263.76B | 21.26% | 20.16% | 17.89% | N/A |
| NextEra Energy, Inc. (NEE)vs › | $176.58B | 62.80% | 61.43% | 58.80% | 57.47% |
| The Southern Company (SO)vs › | $106.63B | 29.81% | 39.87% | 40.60% | 42.55% |
| Duke Energy Corporation (DUK)vs › | $97.33B | 31.56% | 40.81% | 43.52% | 45.20% |
| Constellation Energy Corporation (CEG)vs › | $96.92B | 75.83% | 50.63% | 30.81% | 25.97% |
| American Electric Power Company, Inc. (AEP)vs › | $68.45B | 31.81% | 31.87% | 29.49% | 29.12% |
| Dominion Energy, Inc. (D)vs › | $59.27B | 49.02% | 48.45% | 47.75% | 48.31% |
| Sempra (SRE)vs › | $54.83B | 29.15% | 28.17% | 26.70% | 27.26% |
| Entergy Corporation (ETR)vs › | $50.01B | 29.91% | 39.10% | 40.10% | 41.00% |
| Xcel Energy Inc. (XEL)vs › | $48.77B | 48.84% | 46.47% | 43.33% | 42.59% |
Gross Margin
21.3%
(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 | 21.26% |
| 2026-03-31 | 19.07% |
| 2025-12-31 | 21.18% |
| 2025-09-30 | 19.04% |
| 2025-06-30 | 20.26% |
| 2025-03-31 | 18.93% |
| 2024-12-31 | 20.11% |
| 2024-09-30 | 12.44% |
| 2024-06-30 | 20.75% |
| 2024-03-31 | 15.84% |
| 2023-12-31 | 16.79% |
| 2023-09-30 | 12.74% |
| 2023-06-30 | 14.13% |
| 2023-03-31 | 13.47% |
