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 -18.85% is 194% below its 5-year average of 20.14%, around the middle of its 5-year range (-55.65%–57.35%).
As of the fiscal period ended Tuesday, June 30, 2026. 3889.06% below its 12-month average of -0.47%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
-18.85%
GROSS MARGIN AVG TTM
-0.47%
GROSS MARGIN AVG 3Y
29.96%
GROSS MARGIN AVG 5Y
26.08%
GROSS MARGIN AVG 10Y
21.98%
GROSS MARGIN AVG 15Y
25.62%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-3889.06%
CURRENT VS 3Y AVG
-162.90%
CURRENT VS 5Y AVG
-172.28%
CURRENT VS 10Y AVG
-185.76%
CURRENT VS 15Y AVG
-173.58%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
35.78%
median of 44 covered companies
CURRENT VS SECTOR MEDIAN
-152.69%
vs the sector median at left
Market Cap
$50.01B
Gross Margin
29.91%
TTM Avg
39.10%
3Y Avg
40.10%
5Y Avg
41.00%
Market Cap
$39.79B
Gross Margin
62.02%
TTM Avg
63.01%
3Y Avg
62.04%
5Y Avg
63.18%
Market Cap
$37.70B
Gross Margin
69.00%
TTM Avg
51.70%
3Y Avg
43.23%
5Y Avg
39.92%
Market Cap
$59.27B
Gross Margin
49.27%
TTM Avg
48.45%
3Y Avg
47.75%
5Y Avg
48.31%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vistra Corp. (VST) | $47.40B | -18.85% | -0.47% | 29.96% | 26.08% |
| Exelon Corporation (EXC)vs › | $46.99B | 24.54% | 34.38% | 37.99% | 36.64% |
| PG&E Corporation (PCG)vs › | $46.79B | 19.59% | 28.55% | 21.46% | 17.84% |
| Xcel Energy Inc. (XEL)vs › | $48.77B | 48.84% | 46.47% | 43.33% | 42.59% |
| Entergy Corporation (ETR)vs › | $50.01B | 29.91% | 39.10% | 40.10% | 41.00% |
| Sempra (SRE)vs › | $54.83B | 29.15% | 28.17% | 26.70% | 27.26% |
| Consolidated Edison, Inc. (ED)vs › | $39.79B | 62.02% | 63.01% | 62.04% | 63.18% |
| Public Service Enterprise Group Incorporated (PEG)vs › | $37.70B | 69.00% | 51.70% | 43.23% | 39.92% |
| Dominion Energy, Inc. (D)vs › | $59.27B | 49.27% | 48.45% | 47.75% | 48.31% |
| WEC Energy Group, Inc. (WEC)vs › | $35.06B | 50.55% | 47.28% | 42.36% | 40.91% |
Gross Margin
-18.8%
(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 | -18.85% |
| 2026-03-31 | 20.26% |
| 2025-12-31 | -55.65% |
| 2025-09-30 | 29.89% |
| 2025-06-30 | 21.98% |
| 2025-03-31 | 29.78% |
| 2024-12-31 | 57.35% |
| 2024-09-30 | 42.88% |
| 2024-06-30 | 26.22% |
| 2024-03-31 | 4.69% |
| 2023-12-31 | 25.94% |
| 2023-09-30 | 43.45% |
| 2023-06-30 | 29.28% |
| 2023-03-31 | 29.13% |
| 2022-12-31 | -3.20% |
| 2022-09-30 | 34.56% |
| 2022-06-30 | 14.01% |
| 2022-03-31 | 18.60% |
| 2021-12-31 | 30.98% |
| 2021-09-30 | 24.91% |
| 2021-06-30 | 16.78% |
| 2021-03-31 | -78.76% |
| 2020-12-31 | 12.50% |
| 2020-09-30 | 30.90% |
| 2020-06-30 | 22.23% |
| 2020-03-31 | 22.08% |
| 2019-12-31 | 20.05% |
| 2019-09-30 | 31.68% |
| 2019-06-30 | 18.02% |
| 2019-03-31 | 15.42% |
| 2018-12-31 | 15.56% |
| 2018-09-30 | 31.87% |
| 2018-06-30 | 19.82% |
| 2018-03-31 | 17.75% |
| 2017-12-31 | 0.41% |
| 2017-09-30 | 25.43% |
| 2017-06-30 | 16.03% |
| 2017-03-31 | 10.14% |
| 2016-12-31 | 9.18% |
| 2016-09-30 | 27.75% |
| 2016-06-30 | 26.28% |
| 2016-03-31 | 26.31% |
| 2015-12-31 | 24.16% |
| 2015-09-30 | 41.28% |
| 2015-06-30 | 31.29% |
| 2015-03-31 | 36.64% |
| 2014-12-31 | 32.64% |
| 2014-09-30 | 40.68% |
| 2014-06-30 | 36.13% |
| 2014-03-31 | 37.64% |
| 2013-12-31 | 34.51% |
| 2013-09-30 | 45.01% |
| 2013-06-30 | 32.84% |
| 2013-03-31 | 31.35% |
| 2012-12-31 | 28.40% |
| 2012-09-30 | 40.01% |
