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 14.07% is 15% below its 5-year average of 16.48%, near the low end of its 5-year range (13.06%–19.74%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.55% below its 12-month average of 15.06%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
14.07%
GROSS MARGIN AVG TTM
15.06%
GROSS MARGIN AVG 3Y
17.24%
GROSS MARGIN AVG 5Y
16.48%
GROSS MARGIN AVG 10Y
13.72%
GROSS MARGIN AVG 15Y
14.04%
GROSS MARGIN AVG 20Y
15.66%
CURRENT VS TTM AVG
-6.55%
CURRENT VS 3Y AVG
-18.37%
CURRENT VS 5Y AVG
-14.59%
CURRENT VS 10Y AVG
+2.54%
CURRENT VS 15Y AVG
+0.24%
CURRENT VS 20Y AVG
-10.12%
SECTOR MEDIAN · ENERGY
27.21%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-48.29%
vs the sector median at left
Halliburton Company
Market Cap
$26.64B
Gross Margin
14.07%
TTM Avg
15.06%
3Y Avg
17.24%
5Y Avg
16.48%
Market Cap
$24.72B
Gross Margin
39.00%
TTM Avg
39.05%
3Y Avg
47.66%
5Y Avg
46.04%
Market Cap
$23.50B
Gross Margin
85.46%
TTM Avg
87.68%
3Y Avg
90.69%
5Y Avg
90.91%
Market Cap
$30.10B
Gross Margin
22.13%
TTM Avg
27.55%
3Y Avg
33.48%
5Y Avg
28.70%
Market Cap
$21.49B
Gross Margin
46.51%
TTM Avg
36.77%
3Y Avg
52.41%
5Y Avg
42.45%
Market Cap
$32.38B
Gross Margin
44.58%
TTM Avg
57.82%
3Y Avg
64.86%
5Y Avg
51.88%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Halliburton Company (HAL) | $26.64B | 14.07% | 15.06% | 17.24% | 16.48% |
| Tenaris S.A. (TS)vs › | $28.46B | 34.29% | 34.72% | 37.72% | 33.46% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 39.00% | 39.05% | 47.66% | 46.04% |
| Texas Pacific Land Corporation (TPL)vs › | $23.50B | 85.46% | 87.68% | 90.69% | 90.91% |
| Devon Energy Corporation (DVN)vs › | $30.10B | 22.13% | 27.55% | 33.48% | 28.70% |
| Expand Energy Corporation (EXE)vs › | $21.49B | 46.51% | 36.77% | 52.41% | 42.45% |
| EQT Corporation (EQT)vs › | $32.33B | 48.86% | 31.77% | 37.13% | 38.84% |
| Venture Global, Inc. (VG)vs › | $32.38B | 44.58% | 57.82% | 64.86% | 51.88% |
| APA Corporation (APA)vs › | $13.30B | 37.32% | 40.75% | 47.26% | 42.30% |
| Cameco Corporation (CCJ)vs › | $42.42B | 27.91% | 30.32% | 25.84% | 20.67% |
Gross Margin
14.1%
(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 | 14.07% |
| 2026-03-31 | 14.62% |
| 2025-12-31 | 16.44% |
| 2025-09-30 | 15.29% |
| 2025-06-30 | 14.86% |
| 2025-03-31 | 16.23% |
| 2024-12-31 | 18.29% |
| 2024-09-30 | 18.78% |
| 2024-06-30 | 19.25% |
| 2024-03-31 | 18.64% |
| 2023-12-31 | 19.74% |
| 2023-09-30 | 19.26% |
| 2023-06-30 | 18.59% |
| 2023-03-31 | 18.16% |
| 2022-12-31 | 17.34% |
| 2022-09-30 | 16.89% |
| 2022-06-30 | 15.47% |
| 2022-03-31 | 13.66% |
| 2021-12-31 | 14.24% |
| 2021-09-30 | 13.06% |
| 2021-06-30 | 13.08% |
| 2021-03-31 | 12.11% |
| 2020-12-31 | -19.03% |
| 2020-09-30 | 10.99% |
| 2020-06-30 | 8.73% |
| 2020-03-31 | 11.04% |
| 2019-12-31 | 12.29% |
| 2019-09-30 | 10.61% |
| 2019-06-30 | 10.22% |
| 2019-03-31 | 8.45% |
| 2018-12-31 | 11.24% |
| 2018-09-30 | 12.77% |
| 2018-06-30 | 13.89% |
| 2018-03-31 | 11.79% |
| 2017-12-31 | 14.12% |
| 2017-09-30 | 12.80% |
| 2017-06-30 | 9.74% |
| 2017-03-31 | 6.03% |
| 2016-12-31 | 7.88% |
| 2016-09-30 | 4.46% |
| 2016-06-30 | 2.69% |
| 2016-03-31 | 6.50% |
| 2015-12-31 | 10.35% |
| 2015-09-30 | 9.73% |
| 2015-06-30 | 11.59% |
| 2015-03-31 | 10.85% |
| 2014-12-31 | 14.87% |
| 2014-09-30 | 19.63% |
| 2014-06-30 | 15.94% |
| 2014-03-31 | 14.22% |
| 2013-12-31 | 16.21% |
| 2013-09-30 | 15.90% |
| 2013-06-30 | 14.64% |
| 2013-03-31 | 13.97% |
| 2012-12-31 | 14.46% |
| 2012-09-30 | 14.36% |
| 2012-06-30 | 17.53% |
| 2012-03-31 | 20.25% |
| 2011-12-31 | 21.19% |
| 2011-09-30 | 21.55% |
| 2011-06-30 | 20.66% |
| 2011-03-31 | 16.74% |
| 2010-12-31 | 20.00% |
| 2010-09-30 | 18.86% |
| 2010-06-30 | 18.44% |
| 2010-03-31 | 13.35% |
| 2009-12-31 | 13.10% |
| 2009-09-30 | 14.58% |
| 2009-06-30 | 15.00% |
| 2009-03-31 | 17.10% |
| 2008-12-31 | 24.93% |
| 2008-09-30 | 23.24% |
| 2008-06-30 | 22.18% |
| 2008-03-31 | 21.92% |
| 2007-12-31 | 23.57% |
| 2007-09-30 | 24.75% |
| 2007-06-30 | 24.79% |
| 2007-03-31 | 25.01% |
| 2006-12-31 | 17.83% |
| 2006-09-30 | 28.10% |
| 2006-06-30 | 26.70% |
| 2006-03-31 | 26.14% |
| 2005-12-31 | 15.02% |
| 2005-09-30 | 14.84% |
| 2005-06-30 | 13.87% |
| 2005-03-31 | 11.85% |
| 2004-12-31 | 7.74% |
| 2004-09-30 | 8.43% |
| 2004-06-30 | 1.19% |
| 2004-03-31 | 5.05% |
| 2003-12-31 | 7.21% |
| 2003-09-30 | 6.82% |
| 2003-06-30 | 3.45% |
| 2003-03-31 | 7.12% |
| 2002-12-31 | 2.24% |
| 2002-09-30 | 9.96% |