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 40.96% is 23% below its 5-year average of 53.29%, near the low end of its 5-year range (35.97%–91.30%).
29.28% below its 12-month average of 57.92%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 91.30%.
GROSS MARGIN
40.96%
GROSS MARGIN AVG TTM
57.92%
GROSS MARGIN AVG 3Y
59.72%
GROSS MARGIN AVG 5Y
53.29%
GROSS MARGIN AVG 10Y
58.66%
GROSS MARGIN AVG 15Y
59.82%
GROSS MARGIN AVG 20Y
70.70%
CURRENT VS TTM AVG
-29.28%
CURRENT VS 3Y AVG
-31.42%
CURRENT VS 5Y AVG
-23.14%
CURRENT VS 10Y AVG
-30.17%
CURRENT VS 15Y AVG
-31.53%
CURRENT VS 20Y AVG
-42.06%
SECTOR MEDIAN · UTILITIES
40.51%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+1.11%
vs the sector median at left
Essential Utilities, Inc.
Market Cap
$11.17B
Gross Margin
40.96%
TTM Avg
57.92%
3Y Avg
59.72%
5Y Avg
53.29%
Market Cap
$11.62B
Gross Margin
25.41%
TTM Avg
33.55%
3Y Avg
36.47%
5Y Avg
39.35%
Market Cap
$10.63B
Gross Margin
20.29%
TTM Avg
18.46%
3Y Avg
19.24%
5Y Avg
21.53%
Market Cap
$8.67B
Gross Margin
24.45%
TTM Avg
36.47%
3Y Avg
51.03%
5Y Avg
56.24%
Market Cap
$14.56B
Gross Margin
44.57%
TTM Avg
35.08%
3Y Avg
36.33%
5Y Avg
31.78%
Market Cap
$6.03B
Gross Margin
15.19%
TTM Avg
39.33%
3Y Avg
51.52%
5Y Avg
56.75%
Market Cap
$16.61B
Gross Margin
42.04%
TTM Avg
42.41%
3Y Avg
42.13%
5Y Avg
42.29%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Essential Utilities, Inc. (WTRG) | $11.17B | 40.96% | 57.92% | 59.72% | 53.29% |
| Pinnacle West Capital Corporation (PNW)vs › | $11.62B | 25.41% | 33.55% | 36.47% | 39.35% |
| The AES Corporation (AES)vs › | $10.63B | 20.29% | 18.46% | 19.24% | 21.53% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $8.67B | 24.45% | 36.47% | 51.03% | 56.24% |
| UGI Corporation (UGI)vs › | $7.98B | 46.72% | 50.45% | 41.03% | 46.83% |
| Talen Energy Corporation (TLN)vs › | $14.56B | 44.57% | 35.08% | 36.33% | 31.78% |
| Oklo Inc. (OKLO)vs › | $6.24B | 0.00% | 0.00% | 0.00% | 0.00% |
| Clearway Energy, Inc. (CWEN)vs › | $6.03B | 15.19% | 39.33% | 51.52% | 56.75% |
| Alliant Energy Corporation (LNT)vs › | $16.61B | 42.04% | 42.41% | 42.13% | 42.29% |
| Black Hills Corporation (BKH)vs › | $5.40B | 42.92% | 38.98% | 35.60% | 36.73% |
Gross Margin
41.0%
(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 | 91.30% |
| 2026-03-31 | 39.06% |
| 2025-12-31 | 35.97% |
| 2025-09-30 | 63.11% |
| 2025-06-30 | 60.14% |
| 2025-03-31 | 58.85% |
| 2024-12-31 | 57.31% |
| 2024-09-30 | 62.44% |
| 2024-06-30 | 59.43% |
| 2024-03-31 | 56.45% |
| 2023-12-31 | 59.44% |
| 2023-09-30 | 60.22% |
| 2023-06-30 | 59.83% |
| 2023-03-31 | 45.72% |
| 2022-12-31 | 38.78% |
| 2022-09-30 | 53.20% |
| 2022-06-30 | 53.18% |
| 2022-03-31 | 47.05% |
| 2021-12-31 | 44.68% |
| 2021-09-30 | 54.45% |
| 2021-06-30 | 56.57% |
| 2021-03-31 | 55.92% |
| 2020-12-31 | 47.26% |
| 2020-09-30 | 56.14% |
| 2020-06-30 | 55.26% |
| 2020-03-31 | 53.28% |
| 2019-12-31 | 62.25% |
| 2019-09-30 | 66.33% |
| 2019-06-30 | 60.51% |
| 2019-03-31 | 60.57% |
| 2018-12-31 | 55.09% |
| 2018-09-30 | 69.65% |
| 2018-06-30 | 65.30% |
| 2018-03-31 | 61.95% |
| 2017-12-31 | 61.02% |
| 2017-09-30 | 68.96% |
| 2017-06-30 | 65.78% |
| 2017-03-31 | 63.85% |
| 2016-12-31 | 60.59% |
| 2016-09-30 | 64.78% |
| 2016-06-30 | 63.71% |
| 2016-03-31 | 61.82% |
| 2015-12-31 | 60.49% |
| 2015-09-30 | 64.48% |
| 2015-06-30 | 61.24% |
| 2015-03-31 | 61.55% |
| 2014-12-31 | 61.27% |
| 2014-09-30 | 65.62% |
| 2014-06-30 | 63.97% |
| 2014-03-31 | 60.76% |
| 2013-12-31 | 60.71% |
| 2013-09-30 | 63.96% |
| 2013-06-30 | 63.14% |
| 2013-03-31 | 61.52% |
| 2012-12-31 | -45.00% |
| 2012-09-30 | 66.78% |
| 2012-06-30 | 64.64% |
| 2012-03-31 | 58.27% |
| 2011-12-31 | 100.00% |
| 2011-09-30 | 96.84% |
| 2011-06-30 | 94.73% |
| 2011-03-31 | 95.50% |
| 2010-12-31 | 100.00% |
| 2010-09-30 | 93.11% |
| 2010-06-30 | 100.00% |
| 2010-03-31 | 100.00% |
| 2009-12-31 | 100.00% |
| 2009-09-30 | 100.00% |
| 2009-06-30 | 100.00% |
| 2009-03-31 | 100.00% |
| 2008-12-31 | 100.00% |
| 2008-09-30 | 100.00% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | 100.00% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 100.00% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 100.00% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2002-09-30 | 100.00% |
