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 5.09% is 13% below its 5-year average of 5.88%, near the low end of its 5-year range (3.47%–96.21%).
5.67% below its 12-month average of 5.40%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 4.57%.
GROSS MARGIN
5.09%
GROSS MARGIN AVG TTM
5.40%
GROSS MARGIN AVG 3Y
5.99%
GROSS MARGIN AVG 5Y
5.88%
GROSS MARGIN AVG 10Y
7.73%
GROSS MARGIN AVG 15Y
8.34%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-5.67%
CURRENT VS 3Y AVG
-15.00%
CURRENT VS 5Y AVG
-13.41%
CURRENT VS 10Y AVG
-34.16%
CURRENT VS 15Y AVG
-38.94%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
25.15%
median of 111 covered companies
CURRENT VS SECTOR MEDIAN
-79.76%
vs the sector median at left
Market Cap
$4.68B
Gross Margin
46.42%
TTM Avg
40.13%
3Y Avg
45.19%
5Y Avg
42.41%
Market Cap
$5.79B
Gross Margin
21.70%
TTM Avg
28.16%
3Y Avg
30.12%
5Y Avg
28.30%
Market Cap
$4.48B
Gross Margin
46.95%
TTM Avg
46.97%
3Y Avg
45.48%
5Y Avg
44.46%
Market Cap
$4.45B
Gross Margin
8.28%
TTM Avg
9.02%
3Y Avg
12.41%
5Y Avg
10.94%
Market Cap
$4.44B
Gross Margin
19.82%
TTM Avg
19.33%
3Y Avg
17.50%
5Y Avg
15.52%
Market Cap
$4.31B
Gross Margin
4.76%
TTM Avg
5.04%
3Y Avg
9.15%
5Y Avg
-6.11%
Market Cap
$3.96B
Gross Margin
10.49%
TTM Avg
20.61%
3Y Avg
19.84%
5Y Avg
12.13%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Plains GP Holdings LP (PAGP) | $5.18B | 5.09% | 5.40% | 5.99% | 5.88% |
| Golar LNG Limited (GLNG)vs › | $5.12B | 46.85% | 39.80% | 46.01% | 47.58% |
| California Resources Corp (CRC)vs › | $4.68B | 46.42% | 40.13% | 45.19% | 42.41% |
| Weatherford International plc (WFRD)vs › | $5.79B | 21.70% | 28.16% | 30.12% | 28.30% |
| Enphase Energy, Inc. (ENPH)vs › | $4.48B | 46.95% | 46.97% | 45.48% | 44.46% |
| Icahn Enterprises L.P. (IEP)vs › | $4.45B | 8.28% | 9.02% | 12.41% | 10.94% |
| Oceaneering International, Inc. (OII)vs › | $4.44B | 19.82% | 19.33% | 17.50% | 15.52% |
| Patterson-UTI Energy, Inc. (PTEN)vs › | $4.31B | 4.76% | 5.04% | 9.15% | -6.11% |
| Helmerich & Payne, Inc. (HP)vs › | $3.96B | 10.49% | 20.61% | 19.84% | 12.13% |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $6.90B | 49.28% | 61.84% | 57.34% | 45.19% |
Gross Margin
5.1%
(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 | 4.57% |
| 2026-03-31 | 3.47% |
| 2025-12-31 | 6.75% |
| 2025-09-30 | 6.09% |
| 2025-06-30 | 6.10% |
| 2025-03-31 | 8.23% |
| 2024-12-31 | 4.82% |
| 2024-09-30 | 96.21% |
| 2024-06-30 | 5.43% |
| 2024-03-31 | 6.87% |
| 2023-12-31 | 6.82% |
| 2023-09-30 | 5.83% |
| 2023-06-30 | 6.88% |
| 2023-03-31 | 6.17% |
| 2022-12-31 | 5.42% |
| 2022-09-30 | 7.16% |
| 2022-06-30 | 4.84% |
| 2022-03-31 | 4.95% |
| 2021-12-31 | 7.73% |
| 2021-09-30 | 4.85% |
| 2021-06-30 | 4.59% |
| 2021-03-31 | 9.70% |
| 2020-12-31 | 6.22% |
| 2020-09-30 | 9.69% |
| 2020-06-30 | 16.56% |
| 2020-03-31 | 8.86% |
| 2019-12-31 | 8.27% |
| 2019-09-30 | 11.08% |
| 2019-06-30 | 10.43% |
| 2019-03-31 | 13.37% |
| 2018-12-31 | 19.29% |
| 2018-09-30 | 10.16% |
| 2018-06-30 | 5.93% |
| 2018-03-31 | 8.95% |
| 2017-12-31 | 8.34% |
| 2017-09-30 | 6.71% |
| 2017-06-30 | 10.35% |
| 2017-03-31 | 14.28% |
| 2016-12-31 | 9.66% |
| 2016-09-30 | 13.69% |
| 2016-06-30 | 10.53% |
| 2016-03-31 | 15.79% |
| 2015-12-31 | 15.11% |
| 2015-09-30 | 13.33% |
| 2015-06-30 | 10.58% |
| 2015-03-31 | 13.33% |
| 2014-12-31 | 10.31% |
| 2014-09-30 | 7.76% |
| 2014-06-30 | 7.28% |
| 2014-03-31 | 7.86% |
| 2013-12-31 | 7.41% |
| 2013-09-30 | 6.55% |
| 2013-06-30 | 7.94% |
| 2013-03-31 | 10.37% |
| 2012-12-31 | 8.48% |
| 2012-09-30 | 6.62% |
| 2012-06-30 | 8.89% |
| 2012-03-31 | 7.12% |
