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 8.28% is 20% below its 5-year average of 10.36%, around the middle of its 5-year range (-22.55%–38.01%).
24.14% above its 12-month average of 6.67%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 6.43%.
GROSS MARGIN
8.28%
GROSS MARGIN AVG TTM
6.67%
GROSS MARGIN AVG 3Y
10.95%
GROSS MARGIN AVG 5Y
10.36%
GROSS MARGIN AVG 10Y
15.25%
GROSS MARGIN AVG 15Y
15.94%
GROSS MARGIN AVG 20Y
15.12%
CURRENT VS TTM AVG
+24.14%
CURRENT VS 3Y AVG
-24.38%
CURRENT VS 5Y AVG
-20.11%
CURRENT VS 10Y AVG
-45.71%
CURRENT VS 15Y AVG
-48.06%
CURRENT VS 20Y AVG
-45.25%
SECTOR MEDIAN · ENERGY
24.78%
median of 112 covered companies
CURRENT VS SECTOR MEDIAN
-66.59%
vs the sector median at left
Icahn Enterprises L.P.
Market Cap
$4.46B
Gross Margin
8.28%
TTM Avg
6.67%
3Y Avg
10.95%
5Y Avg
10.36%
Market Cap
$4.47B
Gross Margin
19.82%
TTM Avg
19.33%
3Y Avg
17.50%
5Y Avg
15.52%
Market Cap
$4.48B
Gross Margin
46.95%
TTM Avg
46.97%
3Y Avg
45.48%
5Y Avg
44.46%
Market Cap
$4.31B
Gross Margin
4.76%
TTM Avg
5.04%
3Y Avg
9.15%
5Y Avg
-6.11%
Market Cap
$4.68B
Gross Margin
46.42%
TTM Avg
40.13%
3Y Avg
45.19%
5Y Avg
42.41%
Market Cap
$3.96B
Gross Margin
10.49%
TTM Avg
20.61%
3Y Avg
19.84%
5Y Avg
12.13%
Market Cap
$3.18B
Gross Margin
24.41%
TTM Avg
21.03%
3Y Avg
25.49%
5Y Avg
21.75%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Icahn Enterprises L.P. (IEP) | $4.46B | 8.28% | 6.67% | 10.95% | 10.36% |
| Oceaneering International, Inc. (OII)vs › | $4.47B | 19.82% | 19.33% | 17.50% | 15.52% |
| Enphase Energy, Inc. (ENPH)vs › | $4.48B | 46.95% | 46.97% | 45.48% | 44.46% |
| Patterson-UTI Energy, Inc. (PTEN)vs › | $4.31B | 4.76% | 5.04% | 9.15% | -6.11% |
| California Resources Corp (CRC)vs › | $4.68B | 46.42% | 40.13% | 45.19% | 42.41% |
| Helmerich & Payne, Inc. (HP)vs › | $3.96B | 10.49% | 20.61% | 19.84% | 12.13% |
| Golar LNG Limited (GLNG)vs › | $5.09B | 46.85% | 39.80% | 46.01% | 47.58% |
| Plains GP Holdings LP (PAGP)vs › | $5.19B | 5.09% | 6.50% | 6.25% | 6.85% |
| Alliance Resource Partners, L.P. (ARLP)vs › | $3.18B | 24.41% | 21.03% | 25.49% | 21.75% |
| Weatherford International plc (WFRD)vs › | $5.78B | 21.70% | 28.16% | 30.12% | 28.30% |
Gross Margin
8.3%
(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 | 6.43% |
| 2026-03-31 | -22.55% |
| 2025-12-31 | 15.49% |
| 2025-09-30 | 27.74% |
| 2025-06-30 | 6.24% |
| 2025-03-31 | -7.01% |
| 2024-12-31 | 8.40% |
| 2024-09-30 | 12.20% |
| 2024-06-30 | 11.62% |
| 2024-03-31 | 3.57% |
| 2023-12-31 | 16.19% |
| 2023-09-30 | 14.86% |
| 2023-06-30 | 15.68% |
| 2023-03-31 | 18.73% |
| 2022-12-31 | 11.86% |
| 2022-09-30 | 6.66% |
| 2022-06-30 | -0.31% |
| 2022-03-31 | 38.01% |
| 2021-12-31 | -4.01% |
| 2021-09-30 | 7.62% |
| 2021-06-30 | 24.98% |
| 2021-03-31 | 37.92% |
| 2020-12-31 | 51.74% |
| 2020-09-30 | -37.68% |
| 2020-06-30 | 68.14% |
| 2020-03-31 | 181.96% |
| 2019-12-31 | 36.45% |
| 2019-09-30 | 5.80% |
| 2019-06-30 | 5.14% |
| 2019-03-31 | 32.44% |
| 2018-12-31 | -62.15% |
| 2018-09-30 | 17.60% |
| 2018-06-30 | 27.96% |
| 2018-03-31 | 23.37% |
| 2017-12-31 | -7.02% |
| 2017-09-30 | 28.12% |
| 2017-06-30 | 23.78% |
| 2017-03-31 | 14.94% |
| 2016-12-31 | 4.62% |
| 2016-09-30 | 23.77% |
| 2016-06-30 | 25.32% |
| 2016-03-31 | 21.81% |
| 2015-12-31 | 16.72% |
| 2015-09-30 | 21.10% |
| 2015-06-30 | 23.16% |
| 2015-03-31 | 19.75% |
| 2014-12-31 | 11.63% |
| 2014-09-30 | 14.04% |
| 2014-06-30 | 16.63% |
| 2014-03-31 | 15.93% |
| 2013-12-31 | 14.48% |
| 2013-09-30 | 12.95% |
| 2013-06-30 | 17.30% |
| 2013-03-31 | 18.27% |
| 2012-12-31 | 15.74% |
| 2012-09-30 | 13.23% |
| 2012-06-30 | 14.96% |
| 2012-03-31 | 20.34% |
| 2011-12-31 | 16.16% |
| 2011-09-30 | 20.82% |
| 2011-06-30 | 16.61% |
| 2011-03-31 | 21.49% |
| 2010-12-31 | 20.41% |
| 2010-09-30 | 14.71% |
| 2010-06-30 | 16.85% |
| 2010-03-31 | 17.06% |
| 2009-12-31 | 17.53% |
| 2009-09-30 | 36.57% |
| 2009-06-30 | 16.17% |
| 2009-03-31 | 6.63% |
| 2008-12-31 | -848.96% |
| 2008-09-30 | -27.95% |
| 2008-06-30 | 451.87% |
| 2008-03-31 | -3.08% |
| 2007-12-31 | 3.07% |
| 2007-09-30 | -30.05% |
| 2007-06-30 | -27.17% |
| 2007-03-31 | -3.27% |
| 2006-12-31 | -7.16% |
| 2006-09-30 | -3.59% |
| 2006-06-30 | 28.40% |
| 2006-03-31 | 29.29% |
| 2005-12-31 | -17.76% |
| 2005-09-30 | 25.62% |
| 2005-06-30 | 24.26% |
| 2005-03-31 | 94.61% |
| 2004-12-31 | 95.36% |
| 2004-09-30 | 98.14% |
| 2004-06-30 | 93.46% |
| 2004-03-31 | 95.51% |
| 2003-12-31 | 98.55% |
| 2003-09-30 | 95.79% |
| 2003-06-30 | 98.59% |
| 2003-03-31 | 93.61% |
| 2002-12-31 | 76.18% |
| 2002-09-30 | 88.17% |
