Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 15.55% is 16% below its 5-year average of 18.46%, near the low end of its 5-year range (15.26%–21.12%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.38% below its 12-month average of 16.97%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
15.55%
GROSS MARGIN AVG TTM
16.97%
GROSS MARGIN AVG 3Y
18.95%
GROSS MARGIN AVG 5Y
18.46%
GROSS MARGIN AVG 10Y
15.55%
GROSS MARGIN AVG 15Y
17.41%
GROSS MARGIN AVG 20Y
19.19%
CURRENT VS TTM AVG
-8.38%
CURRENT VS 3Y AVG
-17.94%
CURRENT VS 5Y AVG
-15.76%
CURRENT VS 10Y AVG
-0.01%
CURRENT VS 15Y AVG
-10.70%
CURRENT VS 20Y AVG
-18.99%
SECTOR MEDIAN · ENERGY
29.48%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-47.27%
vs the sector median at left
Market Cap
$71.66B
Gross Margin
43.66%
TTM Avg
40.16%
3Y Avg
35.59%
5Y Avg
35.99%
Market Cap
$79.20B
Gross Margin
71.29%
TTM Avg
71.91%
3Y Avg
76.49%
5Y Avg
71.49%
Market Cap
$82.32B
Gross Margin
14.18%
TTM Avg
13.23%
3Y Avg
12.88%
5Y Avg
14.52%
Market Cap
$87.49B
Gross Margin
42.86%
TTM Avg
50.78%
3Y Avg
53.52%
5Y Avg
52.60%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Slb N.V. (SLB) | $74.14B | 15.55% | 16.97% | 18.95% | 18.46% |
| Kinder Morgan, Inc. (KMI)vs › | $71.66B | 43.66% | 40.16% | 35.59% | 35.99% |
| Energy Transfer LP (ET)vs › | $70.06B | 22.91% | 20.38% | 18.28% | 19.90% |
| EOG Resources, Inc. (EOG)vs › | $79.20B | 71.29% | 71.91% | 76.49% | 71.49% |
| Suncor Energy Inc. (SU)vs › | $79.44B | 55.48% | 58.87% | 59.64% | 59.36% |
| Eni S.p.A. (E)vs › | $80.49B | 5.60% | 11.21% | 14.28% | 13.96% |
| Enterprise Products Partners L.P. (EPD)vs › | $82.32B | 14.18% | 13.23% | 12.88% | 14.52% |
| Phillips 66 (PSX)vs › | $84.87B | 7.04% | 4.16% | 5.87% | 4.46% |
| The Williams Companies, Inc. (WMB)vs › | $87.49B | 42.86% | 50.78% | 53.52% | 52.60% |
| Baker Hughes Company (BKR)vs › | $60.05B | 23.57% | 23.45% | 23.37% | 22.28% |
Gross Margin
15.5%
(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 | 15.55% |
| 2026-03-31 | 15.26% |
| 2025-12-31 | 17.73% |
| 2025-09-30 | 17.45% |
| 2025-06-30 | 18.86% |
| 2025-03-31 | 18.92% |
| 2024-12-31 | 21.12% |
| 2024-09-30 | 20.98% |
| 2024-06-30 | 20.54% |
| 2024-03-31 | 19.52% |
| 2023-12-31 | 19.98% |
| 2023-09-30 | 20.67% |
| 2023-06-30 | 19.72% |
| 2023-03-31 | 18.76% |
| 2022-12-31 | 19.94% |
| 2022-09-30 | 19.19% |
| 2022-06-30 | 17.79% |
| 2022-03-31 | 15.92% |
| 2021-12-31 | 17.49% |
| 2021-09-30 | 16.85% |
| 2021-06-30 | 15.37% |
| 2021-03-31 | 13.77% |
| 2020-12-31 | 12.73% |
| 2020-09-30 | 12.06% |
| 2020-06-30 | 8.05% |
| 2020-03-31 | 11.15% |
| 2019-12-31 | 13.38% |
| 2019-09-30 | 13.53% |
| 2019-06-30 | 12.30% |
| 2019-03-31 | 11.77% |
| 2018-12-31 | 12.32% |
| 2018-09-30 | 13.88% |
| 2018-06-30 | 13.54% |
| 2018-03-31 | 13.12% |
| 2017-12-31 | 11.96% |
| 2017-09-30 | 14.02% |
| 2017-06-30 | 13.32% |
| 2017-03-31 | 11.87% |
| 2016-12-31 | 12.86% |
| 2016-09-30 | 12.49% |
| 2016-06-30 | 11.85% |
| 2016-03-31 | 16.26% |
| 2015-12-31 | 18.75% |
| 2015-09-30 | 19.76% |
| 2015-06-30 | 20.80% |
| 2015-03-31 | 21.00% |
| 2014-12-31 | 23.34% |
| 2014-09-30 | 23.38% |
| 2014-06-30 | 23.10% |
| 2014-03-31 | 22.19% |
| 2013-12-31 | 22.03% |
| 2013-09-30 | 23.10% |
| 2013-06-30 | 22.09% |
| 2013-03-31 | 20.87% |
| 2012-12-31 | 21.26% |
| 2012-09-30 | 21.85% |
| 2012-06-30 | 21.88% |
| 2012-03-31 | 20.14% |
| 2011-12-31 | 21.25% |
| 2011-09-30 | 20.89% |
| 2011-06-30 | 20.61% |
| 2011-03-31 | 19.00% |
| 2010-12-31 | 20.64% |
| 2010-09-30 | 21.42% |
| 2010-06-30 | 23.39% |
| 2010-03-31 | 22.42% |
| 2009-12-31 | 23.86% |
| 2009-09-30 | 24.09% |
| 2009-06-30 | 20.24% |
| 2009-03-31 | 25.19% |
| 2008-12-31 | 26.60% |
| 2008-09-30 | 31.58% |
| 2008-06-30 | 31.68% |
| 2008-03-31 | 30.71% |
| 2007-12-31 | 32.50% |
| 2007-09-30 | 34.10% |
| 2007-06-30 | 33.73% |
| 2007-03-31 | 33.80% |
| 2006-12-31 | 32.98% |
| 2006-09-30 | 31.99% |
| 2006-06-30 | 30.54% |
| 2006-03-31 | 29.35% |
| 2005-12-31 | 21.49% |
| 2005-09-30 | 27.02% |
| 2005-06-30 | 25.72% |
| 2005-03-31 | 28.15% |
| 2004-12-31 | 20.12% |
| 2004-09-30 | 21.64% |
| 2004-06-30 | 21.89% |
| 2004-03-31 | 22.26% |
| 2003-12-31 | 21.28% |
| 2003-09-30 | 10.55% |
| 2003-06-30 | 22.01% |
| 2003-03-31 | 21.43% |
| 2002-12-31 | -74.00% |
| 2002-09-30 | 21.56% |
