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 4.76% is 55% below its 5-year average of 10.67%, near the high end of its 5-year range (-69.37%–24.00%).
59.66% below its 12-month average of 11.80%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 22.85%.
GROSS MARGIN
4.76%
GROSS MARGIN AVG TTM
11.80%
GROSS MARGIN AVG 3Y
8.77%
GROSS MARGIN AVG 5Y
10.67%
GROSS MARGIN AVG 10Y
-8.49%
GROSS MARGIN AVG 15Y
-0.16%
GROSS MARGIN AVG 20Y
10.40%
CURRENT VS TTM AVG
-59.66%
CURRENT VS 3Y AVG
-45.70%
CURRENT VS 5Y AVG
-55.39%
CURRENT VS 10Y AVG
+156.09%
CURRENT VS 15Y AVG
+3103.00%
CURRENT VS 20Y AVG
-54.21%
SECTOR MEDIAN · ENERGY
24.78%
median of 112 covered companies
CURRENT VS SECTOR MEDIAN
-80.79%
vs the sector median at left
Patterson-UTI Energy, Inc.
Market Cap
$4.33B
Gross Margin
4.76%
TTM Avg
11.80%
3Y Avg
8.77%
5Y Avg
10.67%
Market Cap
$4.46B
Gross Margin
8.28%
TTM Avg
9.02%
3Y Avg
12.41%
5Y Avg
10.94%
Market Cap
$4.48B
Gross Margin
19.82%
TTM Avg
19.33%
3Y Avg
17.50%
5Y Avg
15.52%
Market Cap
$4.48B
Gross Margin
46.95%
TTM Avg
46.97%
3Y Avg
45.48%
5Y Avg
44.46%
Market Cap
$4.67B
Gross Margin
46.42%
TTM Avg
40.13%
3Y Avg
45.19%
5Y Avg
42.41%
Market Cap
$3.96B
Gross Margin
10.49%
TTM Avg
20.61%
3Y Avg
19.84%
5Y Avg
12.13%
Market Cap
$3.17B
Gross Margin
24.41%
TTM Avg
21.03%
3Y Avg
25.49%
5Y Avg
21.75%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Patterson-UTI Energy, Inc. (PTEN) | $4.33B | 4.76% | 11.80% | 8.77% | 10.67% |
| Icahn Enterprises L.P. (IEP)vs › | $4.46B | 8.28% | 9.02% | 12.41% | 10.94% |
| Oceaneering International, Inc. (OII)vs › | $4.48B | 19.82% | 19.33% | 17.50% | 15.52% |
| Enphase Energy, Inc. (ENPH)vs › | $4.48B | 46.95% | 46.97% | 45.48% | 44.46% |
| California Resources Corp (CRC)vs › | $4.67B | 46.42% | 40.13% | 45.19% | 42.41% |
| Helmerich & Payne, Inc. (HP)vs › | $3.96B | 10.49% | 20.61% | 19.84% | 12.13% |
| Golar LNG Limited (GLNG)vs › | $5.09B | 46.85% | 39.80% | 46.01% | 47.58% |
| Plains GP Holdings LP (PAGP)vs › | $5.19B | 5.09% | 6.50% | 6.25% | 6.85% |
| Alliance Resource Partners, L.P. (ARLP)vs › | $3.17B | 24.41% | 21.03% | 25.49% | 21.75% |
| Centrus Energy Corp. (LEU)vs › | $2.92B | 23.27% | 25.71% | 31.64% | 34.07% |
Gross Margin
4.8%
(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 | 22.85% |
| 2026-03-31 | 24.00% |
| 2025-12-31 | 5.04% |
| 2025-09-30 | 4.81% |
| 2025-06-30 | 2.30% |
| 2025-03-31 | 6.81% |
| 2024-12-31 | 4.12% |
| 2024-09-30 | -2.16% |
| 2024-06-30 | 8.11% |
| 2024-03-31 | 10.48% |
| 2023-12-31 | 11.77% |
| 2023-09-30 | 12.10% |
| 2023-06-30 | 18.97% |
| 2023-03-31 | 19.07% |
| 2022-12-31 | 18.94% |
| 2022-09-30 | 14.40% |
| 2022-06-30 | 8.64% |
| 2022-03-31 | 1.81% |
| 2021-12-31 | -69.37% |
| 2021-09-30 | -19.07% |
| 2021-06-30 | -29.99% |
| 2021-03-31 | -39.31% |
| 2020-12-31 | -46.29% |
| 2020-09-30 | -44.14% |
| 2020-06-30 | -34.93% |
| 2020-03-31 | -15.14% |
| 2019-12-31 | -10.41% |
| 2019-09-30 | -42.70% |
| 2019-06-30 | -0.08% |
| 2019-03-31 | 0.06% |
| 2018-12-31 | 3.25% |
| 2018-09-30 | -5.56% |
| 2018-06-30 | 2.37% |
| 2018-03-31 | 1.27% |
| 2017-12-31 | 1.05% |
| 2017-09-30 | -0.70% |
| 2017-06-30 | -11.63% |
| 2017-03-31 | -26.72% |
| 2016-12-31 | -40.39% |
| 2016-09-30 | -53.81% |
| 2016-06-30 | -57.79% |
| 2016-03-31 | -29.24% |
| 2015-12-31 | -18.77% |
| 2015-09-30 | -44.46% |
| 2015-06-30 | -1.81% |
| 2015-03-31 | 8.21% |
| 2014-12-31 | 13.51% |
| 2014-09-30 | 5.36% |
| 2014-06-30 | 13.69% |
| 2014-03-31 | 11.31% |
| 2013-12-31 | 7.52% |
| 2013-09-30 | 19.53% |
| 2013-06-30 | 13.33% |
| 2013-03-31 | 16.86% |
| 2012-12-31 | 17.66% |
| 2012-09-30 | 38.26% |
| 2012-06-30 | 39.31% |
| 2012-03-31 | 39.37% |
| 2011-12-31 | 39.49% |
| 2011-09-30 | 38.22% |
| 2011-06-30 | 41.72% |
| 2011-03-31 | 40.21% |
| 2010-12-31 | 40.55% |
| 2010-09-30 | 39.84% |
| 2010-06-30 | 37.12% |
| 2010-03-31 | 35.07% |
| 2009-12-31 | 47.38% |
| 2009-09-30 | 33.22% |
| 2009-06-30 | 37.40% |
| 2009-03-31 | 39.26% |
| 2008-12-31 | 41.87% |
| 2008-09-30 | 41.33% |
| 2008-06-30 | 39.41% |
| 2008-03-31 | 39.85% |
| 2007-12-31 | 41.36% |
| 2007-09-30 | 43.19% |
| 2007-06-30 | 44.66% |
| 2007-03-31 | 45.90% |
| 2006-12-31 | 50.14% |
| 2006-09-30 | 51.35% |
| 2006-06-30 | 52.07% |
| 2006-03-31 | 51.10% |
| 2005-12-31 | 50.86% |
| 2005-09-30 | 47.64% |
| 2005-06-30 | 43.82% |
| 2005-03-31 | 39.55% |
| 2004-12-31 | 34.90% |
| 2004-09-30 | 33.39% |
| 2004-06-30 | 29.50% |
| 2004-03-31 | 29.94% |
| 2003-12-31 | 29.56% |
| 2003-09-30 | 28.17% |
| 2003-06-30 | 25.71% |
| 2003-03-31 | 24.78% |
| 2002-12-31 | 25.67% |
| 2002-09-30 | 22.63% |
