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 18.59% is 40% below its 5-year average of 30.90%, near the high end of its 5-year range (-126.46%–65.49%).
2554.77% above its 12-month average of -0.76%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 5.44%.
GROSS MARGIN
18.59%
GROSS MARGIN AVG TTM
-0.76%
GROSS MARGIN AVG 3Y
39.30%
GROSS MARGIN AVG 5Y
30.90%
GROSS MARGIN AVG 10Y
19.77%
GROSS MARGIN AVG 15Y
20.59%
GROSS MARGIN AVG 20Y
25.24%
CURRENT VS TTM AVG
+2554.77%
CURRENT VS 3Y AVG
-52.70%
CURRENT VS 5Y AVG
-39.84%
CURRENT VS 10Y AVG
-5.96%
CURRENT VS 15Y AVG
-9.71%
CURRENT VS 20Y AVG
-26.36%
SECTOR MEDIAN · UTILITIES
35.26%
median of 61 covered companies
CURRENT VS SECTOR MEDIAN
-47.28%
vs the sector median at left
Hallador Energy Company
Market Cap
$677.30M
Gross Margin
18.59%
TTM Avg
-0.76%
3Y Avg
39.30%
5Y Avg
30.90%
Market Cap
$489.45M
Gross Margin
35.26%
TTM Avg
35.03%
3Y Avg
34.17%
5Y Avg
34.78%
Market Cap
$416.59M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$978.08M
Gross Margin
17.33%
TTM Avg
34.81%
3Y Avg
41.75%
5Y Avg
45.94%
Market Cap
$359.19M
Gross Margin
-9.41%
TTM Avg
-20.04%
3Y Avg
-26.30%
5Y Avg
-28.85%
Market Cap
$1.01B
Gross Margin
43.64%
TTM Avg
45.52%
3Y Avg
48.09%
5Y Avg
48.48%
Market Cap
$347.31M
Gross Margin
37.35%
TTM Avg
43.34%
3Y Avg
46.07%
5Y Avg
47.48%
Market Cap
$332.12M
Gross Margin
0.00%
TTM Avg
50.00%
3Y Avg
66.67%
5Y Avg
66.67%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hallador Energy Company (HNRG) | $677.30M | 18.59% | -0.76% | 39.30% | 30.90% |
| Consolidated Water Co. Ltd. (CWCO)vs › | $489.45M | 35.26% | 35.03% | 34.17% | 34.78% |
| Terra Innovatum Global N.V. Ordinary shares (NKLR)vs › | $416.59M | 0.00% | 0.00% | 0.00% | 0.00% |
| XPLR Infrastructure, LP (XIFR)vs › | $978.08M | 17.33% | 34.81% | 41.75% | 45.94% |
| Digi Power X Inc. (DGXX)vs › | $359.19M | -9.41% | -20.04% | -26.30% | -28.85% |
| Middlesex Water Company (MSEX)vs › | $1.01B | 43.64% | 45.52% | 48.09% | 48.48% |
| Artesian Resources Corporation (ARTNA)vs › | $347.31M | 37.35% | 43.34% | 46.07% | 47.48% |
| Terrestrial Energy Inc. (IMSR)vs › | $332.12M | 0.00% | 50.00% | 66.67% | 66.67% |
| Cadiz Inc. (CDZI)vs › | $298.51M | 27.14% | 27.80% | -6.78% | 28.82% |
| Pure Cycle Corporation (PCYO)vs › | $262.18M | 57.76% | 65.09% | 64.12% | 58.05% |
Gross Margin
18.6%
(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 | 5.44% |
| 2026-03-31 | -0.62% |
| 2025-12-31 | -126.46% |
| 2025-09-30 | 62.75% |
| 2025-06-30 | 55.11% |
| 2025-03-31 | 57.18% |
| 2024-12-31 | 65.49% |
| 2024-09-30 | 52.74% |
| 2024-06-30 | 47.81% |
| 2024-03-31 | 6.82% |
| 2023-12-31 | 11.56% |
| 2023-09-30 | 53.61% |
| 2023-06-30 | 53.75% |
| 2023-03-31 | 29.10% |
| 2022-12-31 | 36.83% |
| 2022-09-30 | 24.13% |
| 2022-06-30 | 22.05% |
| 2022-03-31 | -8.87% |
| 2021-12-31 | 16.68% |
| 2021-09-30 | 2.74% |
| 2021-06-30 | 23.69% |
| 2021-03-31 | 5.09% |
| 2020-12-31 | 16.61% |
| 2020-09-30 | 28.63% |
| 2020-06-30 | 28.35% |
| 2020-03-31 | 22.43% |
| 2019-12-31 | 23.17% |
| 2019-09-30 | -0.31% |
| 2019-06-30 | 7.05% |
| 2019-03-31 | 13.00% |
| 2018-12-31 | 8.98% |
| 2018-09-30 | 10.13% |
| 2018-06-30 | 12.17% |
| 2018-03-31 | 13.95% |
| 2017-12-31 | 10.06% |
| 2017-09-30 | 13.28% |
| 2017-06-30 | 15.36% |
| 2017-03-31 | 21.04% |
| 2016-12-31 | 16.01% |
| 2016-09-30 | 16.03% |
| 2016-06-30 | 17.84% |
| 2016-03-31 | 22.21% |
| 2015-12-31 | 12.33% |
| 2015-09-30 | 16.83% |
| 2015-06-30 | 17.07% |
| 2015-03-31 | 20.17% |
| 2014-12-31 | 19.86% |
| 2014-09-30 | 8.02% |
| 2014-06-30 | 13.40% |
| 2014-03-31 | 15.30% |
| 2013-12-31 | 16.82% |
| 2013-09-30 | 19.45% |
| 2013-06-30 | 21.19% |
| 2013-03-31 | 18.08% |
| 2012-12-31 | -27.33% |
| 2012-09-30 | 41.19% |
| 2012-06-30 | 43.45% |
| 2012-03-31 | 41.24% |
| 2011-12-31 | 45.10% |
| 2011-09-30 | 54.74% |
| 2011-06-30 | 43.76% |
| 2011-03-31 | 47.56% |
| 2010-12-31 | 39.73% |
| 2010-09-30 | 45.99% |
| 2010-06-30 | 40.40% |
| 2010-03-31 | 44.88% |
| 2009-12-31 | 45.47% |
| 2009-09-30 | 41.94% |
| 2009-06-30 | 37.64% |
| 2009-03-31 | 48.95% |
| 2008-12-31 | 65.90% |
| 2008-09-30 | 30.00% |
| 2008-06-30 | 33.19% |
| 2008-03-31 | 17.11% |
| 2007-12-31 | 12.95% |
| 2007-09-30 | 33.80% |
| 2007-06-30 | 12.19% |
| 2007-03-31 | 1.24% |
| 2006-12-31 | -9.66% |
| 2006-09-02 | 99.17% |
| 2006-06-30 | 97.29% |
| 2006-03-31 | 93.38% |
| 2005-12-31 | 74.19% |
| 2005-09-30 | 85.68% |
| 2005-06-30 | 77.89% |
| 2005-03-31 | 85.91% |
| 2004-12-31 | 97.19% |
| 2004-09-30 | 76.27% |
| 2004-08-10 | 34.64% |
| 2004-03-31 | 51.27% |
| 2003-12-31 | 31.46% |
| 2003-09-30 | 37.66% |
| 2003-06-30 | 26.81% |
| 2003-03-31 | 49.88% |
| 2002-12-31 | 68.89% |
| 2002-09-30 | -1.57% |
