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 54.01% is in line with its 5-year average of 59.15%, around the middle of its 5-year range (48.84%–64.59%).
1.09% below its 12-month average of 54.60%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 49.47%.
GROSS MARGIN
54.01%
GROSS MARGIN AVG TTM
54.60%
GROSS MARGIN AVG 3Y
58.70%
GROSS MARGIN AVG 5Y
59.15%
GROSS MARGIN AVG 10Y
60.13%
GROSS MARGIN AVG 15Y
57.67%
GROSS MARGIN AVG 20Y
56.77%
CURRENT VS TTM AVG
-1.09%
CURRENT VS 3Y AVG
-7.98%
CURRENT VS 5Y AVG
-8.69%
CURRENT VS 10Y AVG
-10.17%
CURRENT VS 15Y AVG
-6.35%
CURRENT VS 20Y AVG
-4.86%
SECTOR MEDIAN · ENERGY
30.57%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+76.68%
vs the sector median at left
Market Cap
$83.23B
Gross Margin
13.25%
TTM Avg
13.23%
3Y Avg
12.88%
5Y Avg
14.52%
Market Cap
$87.64B
Gross Margin
42.86%
TTM Avg
50.78%
3Y Avg
53.52%
5Y Avg
52.60%
Market Cap
$62.96B
Gross Margin
51.47%
TTM Avg
49.00%
3Y Avg
48.84%
5Y Avg
49.25%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Suncor Energy Inc. (SU) | $79.39B | 54.01% | 54.60% | 58.70% | 59.15% |
| Eni S.p.A. (E)vs › | $78.29B | 9.89% | 11.21% | 14.28% | 13.96% |
| Slb N.V. (SLB)vs › | $76.82B | 16.53% | 19.38% | 19.24% | 17.32% |
| Enterprise Products Partners L.P. (EPD)vs › | $83.23B | 13.25% | 13.23% | 12.88% | 14.52% |
| EOG Resources, Inc. (EOG)vs › | $75.30B | 70.20% | 71.91% | 76.49% | 71.49% |
| Energy Transfer LP (ET)vs › | $71.92B | 24.11% | 20.38% | 18.28% | 19.90% |
| The Williams Companies, Inc. (WMB)vs › | $87.64B | 42.86% | 50.78% | 53.52% | 52.60% |
| Kinder Morgan, Inc. (KMI)vs › | $70.63B | 43.66% | 40.16% | 35.59% | 35.99% |
| TC Energy Corporation (TRP)vs › | $62.96B | 51.47% | 49.00% | 48.84% | 49.25% |
| Targa Resources Corp. (TRGP)vs › | $62.11B | 26.51% | 23.26% | 18.91% | 17.67% |
Gross Margin
54.0%
(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 | 49.47% |
| 2026-03-31 | 48.84% |
| 2025-12-31 | 61.04% |
| 2025-09-30 | 60.29% |
| 2025-06-30 | 53.38% |
| 2025-03-31 | 61.47% |
| 2024-12-31 | 57.66% |
| 2024-09-30 | 59.01% |
| 2024-06-30 | 56.55% |
| 2024-03-31 | 61.49% |
| 2023-12-31 | 56.29% |
| 2023-09-30 | 59.58% |
| 2023-06-30 | 58.89% |
| 2023-03-31 | 62.57% |
| 2022-12-31 | 63.41% |
| 2022-09-30 | 56.13% |
| 2022-06-30 | 62.35% |
| 2022-03-31 | 64.59% |
| 2021-12-31 | 60.09% |
| 2021-09-30 | 58.02% |
| 2021-06-30 | 60.73% |
| 2021-03-31 | 65.61% |
| 2020-12-31 | 59.77% |
| 2020-09-30 | 58.07% |
| 2020-06-30 | 60.09% |
| 2020-03-31 | 50.70% |
| 2019-12-31 | 62.25% |
| 2019-09-30 | 61.33% |
| 2019-06-30 | 63.67% |
| 2019-03-31 | 66.83% |
| 2018-12-31 | 57.17% |
| 2018-09-30 | 60.55% |
| 2018-06-30 | 57.51% |
| 2018-03-31 | 64.74% |
| 2017-12-31 | 66.48% |
| 2017-09-30 | 60.87% |
| 2017-06-30 | 55.07% |
| 2017-03-31 | 64.25% |
| 2016-12-31 | 65.98% |
| 2016-09-30 | 59.98% |
| 2016-06-30 | 50.51% |
| 2016-03-31 | 58.75% |
| 2015-12-31 | 54.18% |
| 2015-09-30 | 54.94% |
| 2015-06-30 | 59.02% |
| 2015-03-31 | 58.42% |
| 2014-12-31 | 45.78% |
| 2014-09-30 | 52.09% |
| 2014-06-30 | 53.16% |
| 2014-03-31 | 61.51% |
| 2013-12-31 | 55.89% |
| 2013-09-30 | 52.67% |
| 2013-06-30 | 51.30% |
| 2013-03-31 | 56.23% |
| 2012-12-31 | 50.37% |
| 2012-09-30 | 54.69% |
| 2012-06-30 | 36.58% |
| 2012-03-31 | 48.68% |
| 2011-12-31 | 53.08% |
| 2011-09-30 | 50.00% |
| 2011-06-30 | 46.31% |
| 2011-03-31 | 59.71% |
| 2010-12-31 | 49.19% |
| 2010-09-30 | 52.39% |
| 2010-06-30 | 51.37% |
| 2010-03-31 | 47.83% |
| 2009-12-31 | 40.04% |
| 2009-09-30 | 37.70% |
| 2009-06-30 | 25.18% |
| 2009-03-31 | 78.22% |
| 2008-12-31 | 31.53% |
| 2008-09-30 | 30.84% |
| 2008-06-30 | 72.18% |
| 2008-03-31 | 41.64% |
| 2007-12-31 | 6.79% |
| 2007-09-30 | 57.98% |
| 2007-06-30 | 62.20% |
| 2007-03-31 | 28.72% |
| 2006-12-31 | 68.13% |
| 2006-09-30 | 59.01% |
| 2006-06-30 | 61.61% |
| 2006-03-31 | 66.43% |
| 2005-12-31 | 72.30% |
| 2005-09-30 | 50.87% |
| 2005-06-30 | 51.21% |
| 2005-03-31 | 51.08% |
| 2004-12-31 | 67.12% |
| 2004-09-30 | 64.90% |
| 2004-06-30 | 64.48% |
| 2004-03-31 | 68.59% |
| 2003-12-31 | 93.58% |
| 2003-09-30 | 67.04% |
| 2003-06-30 | 71.23% |
| 2003-03-31 | 70.90% |
| 2002-12-31 | 77.25% |
| 2002-09-30 | 75.25% |
