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 33.78% is in line with its 5-year average of 35.48%, around the middle of its 5-year range (11.85%–81.03%).
7.96% below its 12-month average of 36.70%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
33.78%
GROSS MARGIN AVG TTM
36.70%
GROSS MARGIN AVG 3Y
33.62%
GROSS MARGIN AVG 5Y
35.48%
GROSS MARGIN AVG 10Y
28.27%
GROSS MARGIN AVG 15Y
31.14%
GROSS MARGIN AVG 20Y
36.30%
CURRENT VS TTM AVG
-7.96%
CURRENT VS 3Y AVG
+0.47%
CURRENT VS 5Y AVG
-4.80%
CURRENT VS 10Y AVG
+19.47%
CURRENT VS 15Y AVG
+8.47%
CURRENT VS 20Y AVG
-6.95%
SECTOR MEDIAN · ENERGY
30.48%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+10.83%
vs the sector median at left
Occidental Petroleum Corporation
Market Cap
$60.32B
Gross Margin
33.78%
TTM Avg
36.70%
3Y Avg
33.62%
5Y Avg
35.48%
Market Cap
$63.17B
Gross Margin
26.51%
TTM Avg
23.26%
3Y Avg
18.91%
5Y Avg
17.67%
Market Cap
$63.45B
Gross Margin
23.57%
TTM Avg
23.45%
3Y Avg
23.37%
5Y Avg
22.28%
Market Cap
$56.16B
Gross Margin
35.16%
TTM Avg
40.13%
3Y Avg
51.96%
5Y Avg
48.96%
Market Cap
$66.05B
Gross Margin
51.47%
TTM Avg
49.00%
3Y Avg
48.84%
5Y Avg
49.25%
Market Cap
$53.24B
Gross Margin
25.55%
TTM Avg
27.55%
3Y Avg
33.48%
5Y Avg
28.70%
Market Cap
$71.21B
Gross Margin
43.66%
TTM Avg
40.16%
3Y Avg
35.59%
5Y Avg
35.99%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Occidental Petroleum Corporation (OXY) | $60.32B | 33.78% | 36.70% | 33.62% | 35.48% |
| MPLX Lp (MPLX)vs › | $60.71B | 52.17% | 44.70% | 43.46% | 43.46% |
| ONEOK, Inc. (OKE)vs › | $61.45B | 21.83% | 22.40% | 22.74% | 22.07% |
| Targa Resources Corp. (TRGP)vs › | $63.17B | 26.51% | 23.26% | 18.91% | 17.67% |
| Baker Hughes Company (BKR)vs › | $63.45B | 23.57% | 23.45% | 23.37% | 22.28% |
| Diamondback Energy, Inc. (FANG)vs › | $56.16B | 35.16% | 40.13% | 51.96% | 48.96% |
| TC Energy Corporation (TRP)vs › | $66.05B | 51.47% | 49.00% | 48.84% | 49.25% |
| Devon Energy Corporation (DVN)vs › | $53.24B | 25.55% | 27.55% | 33.48% | 28.70% |
| Kinder Morgan, Inc. (KMI)vs › | $71.21B | 43.66% | 40.16% | 35.59% | 35.99% |
| Energy Transfer LP (ET)vs › | $74.02B | 24.11% | 20.38% | 18.28% | 19.90% |
Gross Margin
33.8%
(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 | 81.03% |
| 2026-03-31 | 11.85% |
| 2025-12-31 | 27.81% |
| 2025-09-30 | 32.62% |
| 2025-06-30 | 30.19% |
| 2025-03-31 | 36.09% |
| 2024-12-31 | 34.85% |
| 2024-09-30 | 36.70% |
| 2024-06-30 | 36.70% |
| 2024-03-31 | 33.99% |
| 2023-12-31 | 33.64% |
| 2023-09-30 | 36.87% |
| 2023-06-30 | 30.37% |
| 2023-03-31 | 36.34% |
| 2022-12-31 | 41.39% |
| 2022-09-30 | 48.41% |
| 2022-06-30 | 51.81% |
| 2022-03-31 | 45.12% |
| 2021-12-31 | 39.34% |
| 2021-09-30 | 35.26% |
| 2021-06-30 | 23.04% |
| 2021-03-31 | 13.62% |
| 2020-12-31 | 14.90% |
| 2020-09-30 | 3.04% |
| 2020-06-30 | -18.88% |
| 2020-03-31 | 5.07% |
| 2019-12-31 | -1.60% |
| 2019-09-30 | 27.05% |
| 2019-06-30 | 22.85% |
| 2019-03-31 | 33.10% |
| 2018-12-31 | 35.11% |
| 2018-09-30 | 45.32% |
| 2018-06-30 | 41.19% |
| 2018-03-31 | 39.21% |
| 2017-12-31 | 29.32% |
| 2017-09-30 | 20.99% |
| 2017-06-30 | 18.67% |
| 2017-03-31 | 19.22% |
| 2016-12-31 | 15.35% |
| 2016-09-30 | 9.32% |
| 2016-06-30 | 8.57% |
| 2016-03-31 | -12.25% |
| 2015-12-31 | 6.27% |
| 2015-09-30 | 18.61% |
| 2015-06-30 | 25.17% |
| 2015-03-31 | 16.28% |
| 2014-12-31 | -24.24% |
| 2014-09-30 | 43.55% |
| 2014-06-30 | 35.77% |
| 2014-03-31 | 47.26% |
| 2013-12-31 | 45.27% |
| 2013-09-30 | 50.16% |
| 2013-06-30 | 46.66% |
| 2013-03-31 | 46.58% |
| 2012-12-31 | 48.65% |
| 2012-09-30 | 46.76% |
| 2012-06-30 | 46.95% |
| 2012-03-31 | 52.94% |
| 2011-12-31 | 112.23% |
| 2011-09-30 | 52.06% |
| 2011-06-30 | 55.94% |
| 2011-03-31 | 55.89% |
| 2010-12-31 | 124.45% |
| 2010-09-30 | 48.69% |
| 2010-06-30 | 45.58% |
| 2010-03-31 | 47.88% |
| 2009-12-31 | 117.34% |
| 2009-09-30 | 46.73% |
| 2009-06-30 | 43.23% |
| 2009-03-31 | 31.61% |
| 2008-12-31 | 110.04% |
| 2008-09-30 | 58.85% |
| 2008-06-30 | 62.06% |
| 2008-03-31 | 57.87% |
| 2007-12-31 | 97.41% |
| 2007-09-30 | 49.95% |
| 2007-06-30 | 47.90% |
| 2007-03-31 | 45.70% |
| 2006-12-31 | 95.18% |
| 2006-09-30 | 51.39% |
| 2006-06-30 | 51.86% |
| 2006-03-31 | 54.50% |
| 2005-12-31 | 80.00% |
| 2005-09-30 | 60.25% |
| 2005-06-30 | 52.92% |
| 2005-03-31 | 52.72% |
| 2004-12-31 | 92.01% |
| 2004-09-30 | 49.75% |
| 2004-06-30 | 46.12% |
| 2004-03-31 | 43.91% |
| 2003-12-31 | 91.66% |
| 2003-09-30 | 43.85% |
| 2003-06-30 | 43.90% |
| 2003-03-31 | 44.86% |
| 2002-12-31 | 89.47% |
| 2002-09-30 | 41.21% |
