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 31.56% is 35% below its 5-year average of 48.60%, near the low end of its 5-year range (23.41%–98.73%).
47.39% below its 12-month average of 59.99%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
31.56%
GROSS MARGIN AVG TTM
59.99%
GROSS MARGIN AVG 3Y
49.51%
GROSS MARGIN AVG 5Y
48.60%
GROSS MARGIN AVG 10Y
47.04%
GROSS MARGIN AVG 15Y
44.13%
GROSS MARGIN AVG 20Y
50.25%
CURRENT VS TTM AVG
-47.39%
CURRENT VS 3Y AVG
-36.26%
CURRENT VS 5Y AVG
-35.06%
CURRENT VS 10Y AVG
-32.90%
CURRENT VS 15Y AVG
-28.49%
CURRENT VS 20Y AVG
-37.20%
SECTOR MEDIAN · UTILITIES
41.05%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-23.12%
vs the sector median at left
Duke Energy Corporation
Market Cap
$94.52B
Gross Margin
31.56%
TTM Avg
59.99%
3Y Avg
49.51%
5Y Avg
48.60%
Market Cap
$102.37B
Gross Margin
29.81%
TTM Avg
39.87%
3Y Avg
40.60%
5Y Avg
42.55%
Market Cap
$107.39B
Gross Margin
75.83%
TTM Avg
50.63%
3Y Avg
30.81%
5Y Avg
25.97%
Market Cap
$68.28B
Gross Margin
31.81%
TTM Avg
31.87%
3Y Avg
29.49%
5Y Avg
29.12%
Market Cap
$58.24B
Gross Margin
49.27%
TTM Avg
48.45%
3Y Avg
47.75%
5Y Avg
48.31%
Market Cap
$50.64B
Gross Margin
29.91%
TTM Avg
39.10%
3Y Avg
40.10%
5Y Avg
41.00%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Duke Energy Corporation (DUK) | $94.52B | 31.56% | 59.99% | 49.51% | 48.60% |
| The Southern Company (SO)vs › | $102.37B | 29.81% | 39.87% | 40.60% | 42.55% |
| Constellation Energy Corporation (CEG)vs › | $107.39B | 75.83% | 50.63% | 30.81% | 25.97% |
| American Electric Power Company, Inc. (AEP)vs › | $68.28B | 31.81% | 31.87% | 29.49% | 29.12% |
| Dominion Energy, Inc. (D)vs › | $58.24B | 49.27% | 48.45% | 47.75% | 48.31% |
| Sempra (SRE)vs › | $55.90B | 29.15% | 28.17% | 26.70% | 27.26% |
| Vistra Corp. (VST)vs › | $51.16B | 12.97% | 28.61% | 27.97% | 22.49% |
| Entergy Corporation (ETR)vs › | $50.64B | 29.91% | 39.10% | 40.10% | 41.00% |
| Xcel Energy Inc. (XEL)vs › | $48.02B | 48.84% | 46.47% | 43.33% | 42.59% |
| Exelon Corporation (EXC)vs › | $45.28B | 24.54% | 34.38% | 37.99% | 36.64% |
Gross Margin
31.6%
(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 | 73.06% |
| 2026-03-31 | 67.92% |
| 2025-12-31 | 30.49% |
| 2025-09-30 | 98.73% |
| 2025-06-30 | 29.75% |
| 2025-03-31 | 51.85% |
| 2024-12-31 | 52.92% |
| 2024-09-30 | 49.44% |
| 2024-06-30 | 49.44% |
| 2024-03-31 | 48.55% |
| 2023-12-31 | 47.73% |
| 2023-09-30 | 49.26% |
| 2023-06-30 | 46.90% |
| 2023-03-31 | 45.23% |
| 2022-12-31 | 24.06% |
| 2022-09-30 | 47.35% |
| 2022-06-30 | 46.25% |
| 2022-03-31 | 45.14% |
| 2021-12-31 | 23.41% |
| 2021-09-30 | 50.71% |
| 2021-06-30 | 49.57% |
| 2021-03-31 | 49.25% |
| 2020-12-31 | 44.38% |
| 2020-09-30 | 50.31% |
| 2020-06-30 | 49.07% |
| 2020-03-31 | 49.82% |
| 2019-12-31 | 42.60% |
| 2019-09-30 | 49.42% |
| 2019-06-30 | 46.35% |
| 2019-03-31 | 45.56% |
| 2018-12-31 | 38.54% |
| 2018-09-30 | 46.09% |
| 2018-06-30 | 43.17% |
| 2018-03-31 | 43.72% |
| 2017-12-31 | 44.25% |
| 2017-09-30 | 47.44% |
| 2017-06-30 | 44.95% |
| 2017-03-31 | 44.58% |
| 2016-12-31 | 35.78% |
| 2016-09-30 | 47.60% |
| 2016-06-30 | 44.73% |
| 2016-03-31 | 43.22% |
| 2015-12-31 | 39.16% |
| 2015-09-30 | 44.15% |
| 2015-06-30 | 41.19% |
| 2015-03-31 | 40.94% |
| 2014-12-31 | 36.36% |
| 2014-09-30 | 41.89% |
| 2014-06-30 | 41.00% |
| 2014-03-31 | 40.91% |
| 2013-12-31 | 42.87% |
| 2013-09-30 | 42.69% |
| 2013-06-30 | 37.54% |
| 2013-03-31 | 37.57% |
| 2012-12-31 | -26.67% |
| 2012-09-30 | 34.54% |
| 2012-06-30 | 39.92% |
| 2012-03-31 | 42.89% |
| 2011-12-31 | 66.36% |
| 2011-09-30 | 64.98% |
| 2011-06-30 | 63.64% |
| 2011-03-31 | 63.45% |
| 2010-12-31 | 66.33% |
| 2010-09-30 | 65.51% |
| 2010-06-30 | 66.02% |
| 2010-03-31 | 64.19% |
| 2009-12-31 | 64.50% |
| 2009-09-30 | 66.49% |
| 2009-06-30 | 66.25% |
| 2009-03-31 | 63.19% |
| 2008-12-31 | 60.04% |
| 2008-09-30 | 59.78% |
| 2008-06-30 | 65.13% |
| 2008-03-31 | 63.11% |
| 2007-12-31 | 72.32% |
| 2007-09-30 | 63.96% |
| 2007-06-30 | 64.57% |
| 2007-03-31 | 64.42% |
| 2006-12-31 | 64.91% |
| 2006-09-30 | 64.50% |
| 2006-06-30 | 62.69% |
| 2006-03-31 | 76.05% |
| 2005-12-31 | 69.35% |
| 2005-09-30 | 73.45% |
| 2005-06-30 | 43.02% |
| 2005-03-31 | 41.84% |
| 2004-12-31 | 40.91% |
| 2004-09-30 | 44.68% |
| 2004-06-30 | 40.50% |
| 2004-03-31 | 36.96% |
| 2003-12-31 | 40.54% |
| 2003-09-30 | 37.93% |
| 2003-06-30 | 41.13% |
| 2003-03-31 | 34.54% |
| 2002-12-31 | 45.81% |
| 2002-09-30 | 55.10% |