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 27.91% is 15% above its 5-year average of 24.28%, near the high end of its 5-year range (-7.23%–37.32%).
4.16% below its 12-month average of 29.12%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 21.06%.
GROSS MARGIN
27.91%
GROSS MARGIN AVG TTM
29.12%
GROSS MARGIN AVG 3Y
27.55%
GROSS MARGIN AVG 5Y
24.28%
GROSS MARGIN AVG 10Y
17.65%
GROSS MARGIN AVG 15Y
21.02%
GROSS MARGIN AVG 20Y
26.75%
CURRENT VS TTM AVG
-4.16%
CURRENT VS 3Y AVG
+1.32%
CURRENT VS 5Y AVG
+14.95%
CURRENT VS 10Y AVG
+58.15%
CURRENT VS 15Y AVG
+32.81%
CURRENT VS 20Y AVG
+4.32%
SECTOR MEDIAN · ENERGY
30.57%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
-8.70%
vs the sector median at left
Cameco Corporation
Market Cap
$40.62B
Gross Margin
27.91%
TTM Avg
29.12%
3Y Avg
27.55%
5Y Avg
24.28%
Market Cap
$37.29B
Gross Margin
47.83%
TTM Avg
57.82%
3Y Avg
64.86%
5Y Avg
51.88%
Market Cap
$29.25B
Gross Margin
15.11%
TTM Avg
17.23%
3Y Avg
17.34%
5Y Avg
14.96%
Market Cap
$27.68B
Gross Margin
39.62%
TTM Avg
41.63%
3Y Avg
38.76%
5Y Avg
36.57%
Market Cap
$54.70B
Gross Margin
25.55%
TTM Avg
27.55%
3Y Avg
33.48%
5Y Avg
28.70%
Market Cap
$25.19B
Gross Margin
85.46%
TTM Avg
87.68%
3Y Avg
90.69%
5Y Avg
90.91%
Market Cap
$56.36B
Gross Margin
23.57%
TTM Avg
23.45%
3Y Avg
23.37%
5Y Avg
22.28%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cameco Corporation (CCJ) | $40.62B | 27.91% | 29.12% | 27.55% | 24.28% |
| Venture Global, Inc. (VG)vs › | $37.29B | 47.83% | 57.82% | 64.86% | 51.88% |
| EQT Corporation (EQT)vs › | $33.29B | 48.86% | 31.77% | 37.13% | 38.84% |
| Tenaris S.A. (TS)vs › | $29.59B | 33.90% | 34.72% | 37.72% | 33.46% |
| Halliburton Company (HAL)vs › | $29.25B | 15.11% | 17.23% | 17.34% | 14.96% |
| Pembina Pipeline Corporation (PBA)vs › | $27.68B | 39.62% | 41.63% | 38.76% | 36.57% |
| Devon Energy Corporation (DVN)vs › | $54.70B | 25.55% | 27.55% | 33.48% | 28.70% |
| Texas Pacific Land Corporation (TPL)vs › | $25.19B | 85.46% | 87.68% | 90.69% | 90.91% |
| Baker Hughes Company (BKR)vs › | $56.36B | 23.57% | 23.45% | 23.37% | 22.28% |
| Diamondback Energy, Inc. (FANG)vs › | $57.87B | 35.16% | 40.13% | 51.96% | 48.96% |
Gross Margin
27.9%
(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 | 21.06% |
| 2026-03-31 | 35.68% |
| 2025-12-31 | 22.24% |
| 2025-09-30 | 37.32% |
| 2025-06-30 | 29.31% |
| 2025-03-31 | 34.22% |
| 2024-12-31 | 21.10% |
| 2024-09-30 | 23.71% |
| 2024-06-30 | 29.30% |
| 2024-03-31 | 29.49% |
| 2023-12-31 | 15.73% |
| 2023-09-30 | 36.13% |
| 2023-06-30 | 22.82% |
| 2023-03-31 | 35.45% |
| 2022-12-31 | 17.83% |
| 2022-09-30 | 18.71% |
| 2022-06-30 | 27.64% |
| 2022-03-31 | 12.52% |
| 2021-12-31 | 12.02% |
| 2021-09-30 | -7.23% |
| 2021-06-30 | 3.34% |
| 2021-03-31 | -13.72% |
| 2020-12-31 | 19.76% |
| 2020-09-30 | -6.24% |
| 2020-06-30 | -2.68% |
| 2020-03-31 | 10.26% |
| 2019-12-31 | 21.08% |
| 2019-09-30 | -0.67% |
| 2019-06-30 | 10.86% |
| 2019-03-31 | 5.78% |
| 2018-12-31 | 24.92% |
| 2018-09-30 | -1.18% |
| 2018-06-30 | 7.82% |
| 2018-03-31 | 15.54% |
| 2017-12-31 | 29.30% |
| 2017-09-30 | 10.51% |
| 2017-06-30 | 19.77% |
| 2017-03-31 | 14.10% |
| 2016-12-31 | 17.65% |
| 2016-09-30 | 21.82% |
| 2016-06-30 | 9.15% |
| 2016-03-31 | 28.93% |
| 2015-12-31 | 28.90% |
| 2015-09-30 | 20.51% |
| 2015-06-30 | 27.10% |
| 2015-03-31 | 22.83% |
| 2014-12-31 | 28.28% |
| 2014-09-30 | 24.34% |
| 2014-06-30 | 27.06% |
| 2014-03-31 | 25.67% |
| 2013-12-31 | 18.94% |
| 2013-09-30 | 38.15% |
| 2013-06-30 | 23.53% |
| 2013-03-31 | 21.41% |
| 2012-12-31 | 32.06% |
| 2012-09-30 | 32.98% |
| 2012-06-30 | 26.42% |
| 2012-03-31 | 31.58% |
| 2011-12-31 | 50.53% |
| 2011-09-30 | 20.45% |
| 2011-06-30 | 25.34% |
| 2011-03-31 | 30.03% |
| 2010-12-31 | 46.94% |
| 2010-09-30 | 51.40% |
| 2010-06-30 | 42.28% |
| 2010-03-31 | 48.11% |
| 2009-12-31 | 69.18% |
| 2009-09-30 | 41.26% |
| 2009-06-30 | 39.38% |
| 2009-03-31 | 42.45% |
| 2008-12-31 | 49.72% |
| 2008-09-30 | 43.46% |
| 2008-06-30 | 45.20% |
| 2008-03-31 | 48.62% |
| 2007-12-31 | 34.20% |
| 2007-09-30 | 57.35% |
| 2007-06-30 | 53.09% |
| 2007-03-31 | 37.49% |
| 2006-12-31 | 34.78% |
| 2006-09-30 | 31.74% |
| 2006-06-30 | 41.10% |
| 2006-03-31 | 44.29% |
| 2005-12-31 | 34.69% |
| 2005-09-30 | 37.82% |
| 2005-06-30 | 43.03% |
| 2005-03-31 | 39.47% |
| 2004-12-31 | 41.07% |
| 2004-09-30 | 39.91% |
| 2004-06-30 | 44.12% |
| 2004-03-31 | 34.29% |
| 2003-12-31 | 41.13% |
| 2003-09-30 | 32.19% |
| 2003-06-30 | 26.80% |
| 2003-03-31 | 41.38% |
| 2002-12-31 | 33.98% |
| 2002-09-30 | 34.03% |
