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 43.66% is 31% above its 5-year average of 33.21%, around the middle of its 5-year range (24.42%–68.62%).
14.04% below its 12-month average of 50.79%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 68.62%.
GROSS MARGIN
43.66%
GROSS MARGIN AVG TTM
50.79%
GROSS MARGIN AVG 3Y
35.22%
GROSS MARGIN AVG 5Y
33.21%
GROSS MARGIN AVG 10Y
35.45%
GROSS MARGIN AVG 15Y
47.54%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-14.04%
CURRENT VS 3Y AVG
+23.95%
CURRENT VS 5Y AVG
+31.47%
CURRENT VS 10Y AVG
+23.15%
CURRENT VS 15Y AVG
-8.16%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
30.57%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+42.82%
vs the sector median at left
Kinder Morgan, Inc.
Market Cap
$70.63B
Gross Margin
43.66%
TTM Avg
50.79%
3Y Avg
35.22%
5Y Avg
33.21%
Market Cap
$75.30B
Gross Margin
70.20%
TTM Avg
71.91%
3Y Avg
76.49%
5Y Avg
71.49%
Market Cap
$62.96B
Gross Margin
51.47%
TTM Avg
49.00%
3Y Avg
48.84%
5Y Avg
49.25%
Market Cap
$62.11B
Gross Margin
26.51%
TTM Avg
23.26%
3Y Avg
18.91%
5Y Avg
17.67%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kinder Morgan, Inc. (KMI) | $70.63B | 43.66% | 50.79% | 35.22% | 33.21% |
| Energy Transfer LP (ET)vs › | $71.92B | 24.11% | 20.38% | 18.28% | 19.90% |
| EOG Resources, Inc. (EOG)vs › | $75.30B | 70.20% | 71.91% | 76.49% | 71.49% |
| Slb N.V. (SLB)vs › | $76.82B | 16.53% | 19.38% | 19.24% | 17.32% |
| Eni S.p.A. (E)vs › | $78.29B | 9.89% | 11.21% | 14.28% | 13.96% |
| TC Energy Corporation (TRP)vs › | $62.96B | 51.47% | 49.00% | 48.84% | 49.25% |
| Targa Resources Corp. (TRGP)vs › | $62.11B | 26.51% | 23.26% | 18.91% | 17.67% |
| Suncor Energy Inc. (SU)vs › | $79.39B | 54.01% | 58.87% | 59.64% | 59.36% |
| MPLX Lp (MPLX)vs › | $59.96B | 52.17% | 44.70% | 43.46% | 43.46% |
| Enterprise Products Partners L.P. (EPD)vs › | $83.23B | 13.25% | 13.23% | 12.88% | 14.52% |
Gross Margin
43.7%
(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 | 68.62% |
| 2026-03-31 | 49.05% |
| 2025-12-31 | 67.90% |
| 2025-09-30 | 32.71% |
| 2025-06-30 | 35.68% |
| 2025-03-31 | 36.25% |
| 2024-12-31 | 36.12% |
| 2024-09-30 | 35.09% |
| 2024-06-30 | 36.84% |
| 2024-03-31 | 38.61% |
| 2023-12-31 | 33.89% |
| 2023-09-30 | 31.67% |
| 2023-06-30 | 35.39% |
| 2023-03-31 | 34.74% |
| 2022-12-31 | 27.87% |
| 2022-09-30 | 24.42% |
| 2022-06-30 | 27.37% |
| 2022-03-31 | 33.81% |
| 2021-12-31 | 28.65% |
| 2021-09-30 | 31.78% |
| 2021-06-30 | 36.90% |
| 2021-03-31 | 44.88% |
| 2020-12-31 | 37.46% |
| 2020-09-30 | 36.02% |
| 2020-06-30 | 36.71% |
| 2020-03-31 | 38.77% |
| 2019-12-31 | 37.12% |
| 2019-09-30 | 37.21% |
| 2019-06-30 | 37.29% |
| 2019-03-31 | 37.23% |
| 2018-12-31 | 33.69% |
| 2018-09-30 | 34.32% |
| 2018-06-30 | 36.39% |
| 2018-03-31 | 36.17% |
| 2017-12-31 | 29.86% |
| 2017-09-30 | 33.49% |
| 2017-06-30 | 33.97% |
| 2017-03-31 | 36.52% |
| 2016-12-31 | 36.47% |
| 2016-09-30 | 36.35% |
| 2016-06-30 | 58.52% |
| 2016-03-31 | 59.87% |
| 2015-12-31 | 61.00% |
| 2015-09-30 | 83.36% |
| 2015-06-30 | 83.54% |
| 2015-03-31 | 85.04% |
| 2014-12-31 | 86.79% |
| 2014-09-30 | 87.88% |
| 2014-06-30 | 87.25% |
| 2014-03-31 | 87.74% |
| 2013-12-31 | 87.63% |
| 2013-09-30 | 46.41% |
| 2013-06-30 | 86.93% |
| 2013-03-31 | 86.54% |
| 2012-12-31 | 60.34% |
| 2012-09-30 | 53.14% |
| 2012-06-30 | 55.26% |
| 2012-03-31 | 54.01% |
| 2011-12-31 | 45.54% |
| 2011-09-30 | 38.12% |
| 2011-06-30 | 31.57% |
| 2011-03-31 | 43.53% |
| 2010-12-31 | -12.90% |
| 2010-09-30 | 37.99% |
| 2010-06-30 | 41.38% |
| 2010-03-31 | 31.82% |
| 2009-12-31 | 57.54% |
