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 25.15% is in line with its 5-year average of 23.75%, around the middle of its 5-year range (18.49%–37.71%).
1.43% above its 12-month average of 24.80%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 22.38%.
GROSS MARGIN
25.15%
GROSS MARGIN AVG TTM
24.80%
GROSS MARGIN AVG 3Y
22.72%
GROSS MARGIN AVG 5Y
23.75%
GROSS MARGIN AVG 10Y
22.95%
GROSS MARGIN AVG 15Y
22.52%
GROSS MARGIN AVG 20Y
24.74%
CURRENT VS TTM AVG
+1.43%
CURRENT VS 3Y AVG
+10.70%
CURRENT VS 5Y AVG
+5.91%
CURRENT VS 10Y AVG
+9.58%
CURRENT VS 15Y AVG
+11.68%
CURRENT VS 20Y AVG
+1.65%
SECTOR MEDIAN · ENERGY
30.57%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
-17.73%
vs the sector median at left
Exxon Mobil Corporation
Market Cap
$696.06B
Gross Margin
25.15%
TTM Avg
24.80%
3Y Avg
22.72%
5Y Avg
23.75%
Market Cap
$429.69B
Gross Margin
31.00%
TTM Avg
29.92%
3Y Avg
29.58%
5Y Avg
28.61%
Market Cap
$117.84B
Gross Margin
11.62%
TTM Avg
7.12%
3Y Avg
9.52%
5Y Avg
7.42%
Market Cap
$112.60B
Gross Margin
11.33%
TTM Avg
4.02%
3Y Avg
6.61%
5Y Avg
4.66%
Market Cap
$106.83B
Gross Margin
21.29%
TTM Avg
35.30%
3Y Avg
33.06%
5Y Avg
27.47%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Exxon Mobil Corporation (XOM) | $696.06B | 25.15% | 24.80% | 22.72% | 23.75% |
| Chevron Corporation (CVX)vs › | $429.69B | 31.00% | 29.92% | 29.58% | 28.61% |
| Shell plc (SHEL)vs › | $273.96B | 17.12% | 16.04% | 16.91% | 12.36% |
| TotalEnergies SE (TTE)vs › | $206.00B | 30.66% | 28.41% | 29.04% | 26.78% |
| ConocoPhillips (COP)vs › | $169.53B | 27.68% | 27.51% | 31.42% | 27.06% |
| Marathon Petroleum Corporation (MPC)vs › | $117.84B | 11.62% | 7.12% | 9.52% | 7.42% |
| Valero Energy Corporation (VLO)vs › | $112.60B | 11.33% | 4.02% | 6.61% | 4.66% |
| Canadian Natural Resources Limited (CNQ)vs › | $106.83B | 21.29% | 35.30% | 33.06% | 27.47% |
| Phillips 66 (PSX)vs › | $105.16B | 9.78% | 4.16% | 5.87% | 4.46% |
| The Williams Companies, Inc. (WMB)vs › | $87.96B | 42.86% | 50.78% | 53.52% | 52.60% |
Gross Margin
25.1%
(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 | 22.38% |
| 2026-03-31 | 37.71% |
| 2025-12-31 | 18.89% |
| 2025-09-30 | 22.42% |
| 2025-06-30 | 22.58% |
| 2025-03-31 | 22.80% |
| 2024-12-31 | 21.28% |
| 2024-09-30 | 23.23% |
| 2024-06-30 | 22.44% |
| 2024-03-31 | 23.51% |
| 2023-12-31 | 21.67% |
| 2023-09-30 | 25.27% |
| 2023-06-30 | 24.87% |
| 2023-03-31 | 28.65% |
| 2022-12-31 | 28.95% |
| 2022-09-30 | 27.56% |
| 2022-06-30 | 27.43% |
| 2022-03-31 | 18.49% |
| 2021-12-31 | 23.83% |
| 2021-09-30 | 25.65% |
| 2021-06-30 | 23.04% |
| 2021-03-31 | 20.65% |
| 2020-12-31 | -36.28% |
| 2020-09-30 | 20.67% |
| 2020-06-30 | 19.82% |
| 2020-03-31 | 16.21% |
| 2019-12-31 | 21.97% |
| 2019-09-30 | 22.72% |
| 2019-06-30 | 21.33% |
| 2019-03-31 | 21.58% |
| 2018-12-31 | 23.83% |
| 2018-09-30 | 25.15% |
| 2018-06-30 | 23.26% |
| 2018-03-31 | 24.74% |
| 2017-12-31 | 31.50% |
| 2017-09-30 | 25.42% |
| 2017-06-30 | 23.42% |
| 2017-03-31 | 24.84% |
| 2016-12-31 | 13.66% |
| 2016-09-30 | 19.34% |
| 2016-06-30 | 19.34% |
| 2016-03-31 | 19.65% |
| 2015-12-31 | 18.79% |
| 2015-09-30 | 21.98% |
| 2015-06-30 | 20.18% |
| 2015-03-31 | 20.85% |
| 2014-12-31 | 20.22% |
| 2014-09-30 | 20.64% |
| 2014-06-30 | 19.75% |
| 2014-03-31 | 21.47% |
| 2013-12-31 | 20.98% |
| 2013-09-30 | 20.68% |
| 2013-06-30 | 20.51% |
| 2013-03-31 | 21.85% |
| 2012-12-31 | 0.05% |
| 2012-09-30 | 22.59% |
| 2012-06-30 | 21.90% |
| 2012-03-31 | 22.80% |
| 2011-12-31 | 26.97% |
| 2011-09-30 | 27.54% |
| 2011-06-30 | 34.49% |
| 2011-03-31 | 29.27% |
| 2010-12-31 | 9.20% |
| 2010-09-30 | 29.97% |
| 2010-06-30 | 29.31% |
| 2010-03-31 | 29.28% |
| 2009-12-31 | 36.70% |
| 2009-09-30 | 38.22% |
| 2009-06-30 | 30.65% |
| 2009-03-31 | 34.91% |
| 2008-12-31 | 43.41% |
| 2008-09-30 | 38.35% |
| 2008-06-30 | 30.01% |
| 2008-03-31 | 32.70% |
| 2007-12-31 | 40.51% |
| 2007-09-30 | 41.17% |
| 2007-06-30 | 43.41% |
| 2007-03-31 | 45.43% |
| 2006-12-31 | 44.26% |
| 2006-09-30 | 42.99% |
| 2006-06-30 | 43.68% |
| 2006-03-31 | 43.22% |
| 2005-12-31 | 42.68% |
| 2005-09-30 | 41.29% |
| 2005-06-30 | 42.01% |
| 2005-03-31 | 44.46% |
| 2004-12-31 | 45.72% |
| 2004-09-30 | 43.49% |
| 2004-06-30 | 44.98% |
| 2004-03-31 | 46.39% |
| 2003-12-31 | 48.66% |
| 2003-09-30 | 45.23% |
| 2003-06-30 | 47.99% |
| 2003-03-31 | 47.37% |
| 2002-12-31 | 45.88% |
| 2002-09-30 | 44.21% |
