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 57.76% is in line with its 5-year average of 61.31%, near the high end of its 5-year range (1.04%–77.89%).
0.74% below its 12-month average of 58.19%.
Reported quarterly gross margin; no daily interpolation. Q3 FY2026 (2026-05-31): 52.12%.
GROSS MARGIN
57.76%
GROSS MARGIN AVG TTM
58.19%
GROSS MARGIN AVG 3Y
58.57%
GROSS MARGIN AVG 5Y
61.31%
GROSS MARGIN AVG 10Y
49.25%
GROSS MARGIN AVG 15Y
50.82%
GROSS MARGIN AVG 20Y
48.53%
CURRENT VS TTM AVG
-0.74%
CURRENT VS 3Y AVG
-1.39%
CURRENT VS 5Y AVG
-5.78%
CURRENT VS 10Y AVG
+17.27%
CURRENT VS 15Y AVG
+13.65%
CURRENT VS 20Y AVG
+19.02%
SECTOR MEDIAN · UTILITIES
35.25%
median of 66 covered companies
CURRENT VS SECTOR MEDIAN
+63.86%
vs the sector median at left
Pure Cycle Corporation
Market Cap
$264.35M
Gross Margin
57.76%
TTM Avg
58.19%
3Y Avg
58.57%
5Y Avg
61.31%
Market Cap
$233.85M
Gross Margin
44.86%
TTM Avg
59.41%
3Y Avg
67.64%
5Y Avg
70.22%
Market Cap
$226.88M
Gross Margin
31.53%
TTM Avg
35.13%
3Y Avg
32.97%
5Y Avg
33.60%
Market Cap
$332.53M
Gross Margin
0.00%
TTM Avg
50.00%
3Y Avg
66.67%
5Y Avg
66.67%
Market Cap
$347.62M
Gross Margin
37.35%
TTM Avg
43.34%
3Y Avg
46.07%
5Y Avg
47.48%
Market Cap
$357.71M
Gross Margin
-9.41%
TTM Avg
-20.04%
3Y Avg
-26.30%
5Y Avg
-28.85%
Market Cap
$402.39M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pure Cycle Corporation (PCYO) | $264.35M | 57.76% | 58.19% | 58.57% | 61.31% |
| Cadiz Inc. (CDZIP)vs › | $250.02M | 27.14% | 27.80% | -6.78% | 28.82% |
| Cadiz Inc. (CDZI)vs › | $282.11M | 27.14% | 27.80% | -6.78% | 28.82% |
| Global Water Resources, Inc. (GWRS)vs › | $233.85M | 44.86% | 59.41% | 67.64% | 70.22% |
| RGC Resources, Inc. (RGCO)vs › | $226.88M | 31.53% | 35.13% | 32.97% | 33.60% |
| Terrestrial Energy Inc. (IMSR)vs › | $332.53M | 0.00% | 50.00% | 66.67% | 66.67% |
| Artesian Resources Corporation (ARTNA)vs › | $347.62M | 37.35% | 43.34% | 46.07% | 47.48% |
| Digi Power X Inc. (DGXX)vs › | $357.71M | -9.41% | -20.04% | -26.30% | -28.85% |
| Terra Innovatum Global N.V. Ordinary shares (NKLR)vs › | $402.39M | 0.00% | 0.00% | 0.00% | 0.00% |
| VivoPower PLC (VIVO)vs › | $55.16M | N/A | N/A | N/A | N/A |
Gross Margin
57.8%
(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 |
|---|---|
| 2026-05-31 | 52.12% |
| 2026-02-28 | 50.51% |
| 2025-11-30 | 68.43% |
| 2025-08-31 | 56.54% |
| 2025-05-31 | 63.37% |
| 2025-02-28 | 38.22% |
| 2024-11-30 | 63.73% |
| 2024-08-31 | 77.82% |
| 2024-05-31 | 62.01% |
| 2024-02-29 | 50.95% |
| 2023-11-30 | 62.05% |
| 2023-08-31 | 47.79% |
| 2023-05-31 | 67.93% |
| 2023-02-28 | 52.98% |
| 2022-11-30 | 1.04% |
| 2022-08-31 | 77.46% |
| 2022-05-31 | 56.26% |
| 2022-02-28 | 67.69% |
| 2021-11-30 | 67.63% |
| 2021-08-31 | 77.89% |
| 2021-05-31 | 64.74% |
| 2021-02-28 | 73.35% |
| 2020-11-30 | 43.61% |
| 2020-08-31 | 42.23% |
| 2020-05-31 | 40.22% |
| 2020-02-29 | 30.43% |
| 2019-11-30 | 17.92% |
| 2019-08-31 | 30.35% |
| 2019-05-31 | 37.08% |
| 2019-02-28 | 14.23% |
| 2018-11-30 | 40.55% |
| 2018-08-31 | 23.22% |
| 2018-05-31 | 56.36% |
| 2018-02-28 | 74.69% |
| 2017-11-30 | 57.41% |
| 2017-08-31 | 51.02% |
| 2017-05-31 | -24.66% |
| 2017-02-28 | 28.85% |
| 2016-11-30 | 26.92% |
| 2016-08-31 | 5.33% |
| 2016-05-31 | -33.70% |
| 2016-02-29 | -58.20% |
| 2015-11-30 | 56.35% |
| 2015-08-31 | 26.79% |
| 2015-05-31 | 58.33% |
| 2015-02-28 | 73.24% |
| 2014-11-30 | 73.23% |
| 2014-08-31 | 70.47% |
| 2014-05-31 | 74.33% |
| 2014-02-28 | 74.95% |
| 2013-11-30 | 68.81% |
| 2013-08-31 | 85.74% |
| 2013-05-31 | 72.30% |
| 2013-02-28 | 71.15% |
| 2012-11-30 | 83.69% |
| 2012-08-31 | 47.62% |
| 2012-05-31 | 23.01% |
| 2012-02-29 | 21.47% |
| 2011-11-30 | 30.17% |
| 2011-08-31 | 50.86% |
| 2011-05-31 | 39.66% |
| 2011-02-28 | 40.60% |
| 2010-11-30 | 38.96% |
| 2010-08-31 | 51.58% |
| 2010-05-31 | 38.53% |
| 2010-02-28 | 26.74% |
| 2009-11-30 | 28.67% |
| 2009-08-31 | 46.12% |
| 2009-05-31 | 41.04% |
| 2009-02-28 | 31.47% |
| 2008-11-30 | 27.16% |
| 2008-08-31 | 46.17% |
| 2008-05-31 | 46.31% |
| 2008-02-29 | 28.22% |
| 2007-11-30 | 40.61% |
| 2007-08-31 | 49.67% |
| 2007-05-31 | 35.13% |
| 2007-02-28 | 24.59% |
| 2006-11-30 | 69.24% |
| 2006-08-31 | 35.44% |
| 2006-05-31 | 88.97% |
| 2006-02-28 | 91.30% |
| 2005-11-30 | 88.71% |
| 2005-08-31 | 93.20% |
| 2005-05-31 | 90.07% |
| 2005-02-28 | 84.52% |
| 2004-11-30 | 81.11% |
| 2004-08-31 | 80.93% |
| 2004-05-31 | 87.77% |
| 2004-02-29 | 83.35% |
| 2003-11-30 | 89.07% |
| 2003-08-31 | 74.38% |
| 2003-05-31 | 83.86% |
| 2003-02-28 | 86.33% |
| 2002-11-30 | 91.27% |
| 2002-08-31 | 91.36% |
