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 9.78% is 71% above its 5-year average of 5.71%, around the middle of its 5-year range (1.82%–14.39%).
14.92% above its 12-month average of 8.51%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
9.78%
GROSS MARGIN AVG TTM
8.51%
GROSS MARGIN AVG 3Y
5.49%
GROSS MARGIN AVG 5Y
5.71%
GROSS MARGIN AVG 10Y
4.71%
GROSS MARGIN AVG 15Y
8.32%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+14.92%
CURRENT VS 3Y AVG
+78.17%
CURRENT VS 5Y AVG
+71.33%
CURRENT VS 10Y AVG
+107.46%
CURRENT VS 15Y AVG
+17.54%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
30.48%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
-67.91%
vs the sector median at left
Market Cap
$106.16B
Gross Margin
21.29%
TTM Avg
35.30%
3Y Avg
33.06%
5Y Avg
27.47%
Market Cap
$110.23B
Gross Margin
11.33%
TTM Avg
4.02%
3Y Avg
6.61%
5Y Avg
4.66%
Market Cap
$92.75B
Gross Margin
42.86%
TTM Avg
50.78%
3Y Avg
53.52%
5Y Avg
52.60%
Market Cap
$116.12B
Gross Margin
11.62%
TTM Avg
7.12%
3Y Avg
9.52%
5Y Avg
7.42%
Market Cap
$84.01B
Gross Margin
13.25%
TTM Avg
13.23%
3Y Avg
12.88%
5Y Avg
14.52%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Phillips 66 (PSX) | $103.90B | 9.78% | 8.51% | 5.49% | 5.71% |
| Canadian Natural Resources Limited (CNQ)vs › | $106.16B | 21.29% | 35.30% | 33.06% | 27.47% |
| Valero Energy Corporation (VLO)vs › | $110.23B | 11.33% | 4.02% | 6.61% | 4.66% |
| The Williams Companies, Inc. (WMB)vs › | $92.75B | 42.86% | 50.78% | 53.52% | 52.60% |
| Marathon Petroleum Corporation (MPC)vs › | $116.12B | 11.62% | 7.12% | 9.52% | 7.42% |
| Slb N.V. (SLB)vs › | $84.74B | 16.53% | 19.38% | 19.24% | 17.32% |
| Enterprise Products Partners L.P. (EPD)vs › | $84.01B | 13.25% | 13.23% | 12.88% | 14.52% |
| Suncor Energy Inc. (SU)vs › | $80.16B | 54.01% | 58.87% | 59.64% | 59.36% |
| Eni S.p.A. (E)vs › | $79.59B | 9.89% | 11.21% | 14.28% | 13.96% |
| EOG Resources, Inc. (EOG)vs › | $77.42B | 70.20% | 71.91% | 76.49% | 71.49% |
Gross Margin
9.8%
(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 | 14.39% |
| 2026-03-31 | 10.64% |
| 2025-12-31 | 6.29% |
| 2025-09-30 | 5.55% |
| 2025-06-30 | 5.68% |
| 2025-03-31 | 1.92% |
| 2024-12-31 | 1.82% |
| 2024-09-30 | 2.30% |
| 2024-06-30 | 3.99% |
| 2024-03-31 | 5.33% |
| 2023-12-31 | 5.26% |
| 2023-09-30 | 10.05% |
| 2023-06-30 | 7.04% |
| 2023-03-31 | 8.18% |
| 2022-12-31 | 7.29% |
| 2022-09-30 | 8.23% |
| 2022-06-30 | 9.29% |
| 2022-03-31 | 4.50% |
| 2021-12-31 | 4.08% |
| 2021-09-30 | 4.36% |
| 2021-06-30 | 2.37% |
| 2021-03-31 | 0.36% |
| 2020-12-31 | 1.66% |
| 2020-09-30 | 0.26% |
| 2020-06-30 | 2.12% |
| 2020-03-31 | -1.84% |
| 2019-12-31 | 3.86% |
| 2019-09-30 | 6.38% |
| 2019-06-30 | 6.17% |
| 2019-03-31 | 3.16% |
| 2018-12-31 | 7.48% |
| 2018-09-30 | 6.97% |
| 2018-06-30 | 6.95% |
| 2018-03-31 | 3.79% |
| 2017-12-31 | 4.08% |
| 2017-09-30 | 4.30% |
| 2017-06-30 | 4.10% |
| 2017-03-31 | 2.41% |
| 2016-12-31 | 2.47% |
| 2016-09-30 | 5.02% |
| 2016-06-30 | 24.54% |
| 2016-03-31 | 29.86% |
| 2015-12-31 | 26.22% |
| 2015-09-30 | 26.92% |
| 2015-06-30 | 20.99% |
| 2015-03-31 | 25.59% |
| 2014-12-31 | 17.85% |
| 2014-09-30 | 16.25% |
| 2014-06-30 | 13.16% |
| 2014-03-31 | 14.07% |
| 2013-12-31 | 13.42% |
| 2013-09-30 | 11.81% |
| 2013-06-30 | 13.26% |
| 2013-03-31 | 13.94% |
| 2012-12-31 | 14.03% |
| 2012-09-30 | 13.68% |
| 2012-06-30 | 11.98% |
| 2012-03-31 | 9.54% |
| 2011-12-31 | 11.95% |
| 2011-09-30 | 10.86% |
| 2011-06-30 | 9.55% |
| 2011-03-31 | 9.81% |
| 2010-12-31 | 9.95% |
