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 79.31% is in line with its 5-year average of 74.29%, around the middle of its 5-year range (61.85%–97.66%).
As of the fiscal period ended Tuesday, March 31, 2026. 12.77% above its 12-month average of 70.33%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
79.31%
GROSS MARGIN AVG TTM
70.33%
GROSS MARGIN AVG 3Y
70.70%
GROSS MARGIN AVG 5Y
73.12%
GROSS MARGIN AVG 10Y
66.83%
GROSS MARGIN AVG 15Y
66.09%
GROSS MARGIN AVG 20Y
69.19%
CURRENT VS TTM AVG
+12.77%
CURRENT VS 3Y AVG
+12.18%
CURRENT VS 5Y AVG
+8.47%
CURRENT VS 10Y AVG
+18.68%
CURRENT VS 15Y AVG
+20.01%
CURRENT VS 20Y AVG
+14.63%
SECTOR MEDIAN · ENERGY
27.70%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+186.28%
vs the sector median at left
EOG Resources, Inc.
Market Cap
$77.97B
Gross Margin
79.31%
TTM Avg
70.33%
3Y Avg
70.70%
5Y Avg
73.12%
Market Cap
$73.11B
Gross Margin
43.66%
TTM Avg
40.16%
3Y Avg
35.59%
5Y Avg
35.99%
Market Cap
$83.79B
Gross Margin
14.18%
TTM Avg
13.23%
3Y Avg
12.88%
5Y Avg
14.52%
Market Cap
$89.82B
Gross Margin
7.24%
TTM Avg
4.02%
3Y Avg
6.61%
5Y Avg
4.66%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| EOG Resources, Inc. (EOG) | $77.97B | 79.31% | 70.33% | 70.70% | 73.12% |
| Suncor Energy Inc. (SU)vs › | $77.71B | 55.48% | 58.87% | 59.64% | 59.36% |
| Slb N.V. (SLB)vs › | $78.37B | 17.60% | 19.38% | 19.24% | 17.32% |
| Eni S.p.A. (E)vs › | $76.03B | 5.60% | 11.21% | 14.28% | 13.96% |
| Kinder Morgan, Inc. (KMI)vs › | $73.11B | 43.66% | 40.16% | 35.59% | 35.99% |
| Phillips 66 (PSX)vs › | $82.90B | 7.04% | 4.16% | 5.87% | 4.46% |
| Enterprise Products Partners L.P. (EPD)vs › | $83.79B | 14.18% | 13.23% | 12.88% | 14.52% |
| Energy Transfer LP (ET)vs › | $70.06B | 22.91% | 20.38% | 18.28% | 19.90% |
| Valero Energy Corporation (VLO)vs › | $89.82B | 7.24% | 4.02% | 6.61% | 4.66% |
| Marathon Petroleum Corporation (MPC)vs › | $90.28B | 8.80% | 7.12% | 9.52% | 7.42% |
Gross Margin
79.3%
(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 |
|---|---|
| 2026-03-31 | 79.31% |
| 2025-12-31 | 77.78% |
| 2025-09-30 | 61.85% |
| 2025-06-30 | 64.44% |
| 2025-03-31 | 68.26% |
| 2024-12-31 | 97.66% |
| 2024-09-30 | 68.15% |
| 2024-06-30 | 70.19% |
| 2024-03-31 | 67.72% |
| 2023-12-31 | 75.36% |
| 2023-09-30 | 72.63% |
| 2023-06-30 | 70.51% |
| 2023-03-31 | 72.18% |
| 2022-12-31 | 78.60% |
| 2022-09-30 | 81.47% |
| 2022-06-30 | 83.96% |
| 2022-03-31 | 80.62% |
| 2021-12-31 | 76.61% |
| 2021-09-30 | 74.35% |
| 2021-06-30 | 70.79% |
| 2021-03-31 | 67.58% |
| 2020-12-31 | 56.63% |
| 2020-09-30 | 49.41% |
| 2020-06-30 | 13.38% |
| 2020-03-31 | 58.04% |
| 2019-12-31 | 66.38% |
| 2019-09-30 | 65.85% |
| 2019-06-30 | 68.41% |
| 2019-03-31 | 67.15% |
| 2018-12-31 | 68.45% |
| 2018-09-30 | 71.08% |
| 2018-06-30 | 71.09% |
| 2018-03-31 | 69.12% |
| 2017-12-31 | 64.85% |
| 2017-09-30 | 57.11% |
| 2017-06-30 | 55.48% |
| 2017-03-30 | 56.31% |
| 2016-12-31 | 51.29% |
| 2016-09-30 | 41.72% |
| 2016-06-30 | 38.75% |
| 2016-03-31 | 9.80% |
| 2015-12-31 | 40.84% |
| 2015-09-30 | 51.14% |
| 2015-06-30 | 50.82% |
| 2015-03-31 | 41.25% |
| 2014-12-31 | 58.47% |
| 2014-09-30 | 68.28% |
| 2014-06-30 | 68.77% |
| 2014-03-31 | 69.13% |
| 2013-12-31 | 66.62% |
| 2013-09-30 | 66.99% |
| 2013-06-30 | 66.64% |
| 2013-03-31 | 65.91% |
| 2012-12-31 | -10.08% |
| 2012-09-30 | 61.53% |
| 2012-06-30 | 58.40% |
| 2012-03-31 | 60.07% |
| 2011-12-30 | 83.93% |
| 2011-09-30 | 84.23% |
| 2011-06-30 | 85.80% |
| 2011-03-31 | 78.61% |
| 2010-12-31 | 79.03% |
| 2010-09-30 | 77.71% |
| 2010-06-30 | 75.13% |
| 2010-03-31 | 74.86% |
| 2009-12-31 | 82.97% |
| 2009-09-30 | 72.75% |
| 2009-06-30 | 67.24% |
| 2009-03-31 | 75.42% |
| 2008-12-31 | 53.91% |
| 2008-09-30 | 91.41% |
| 2008-06-30 | 75.51% |
| 2008-03-31 | 74.97% |
| 2007-12-31 | 77.57% |
| 2007-09-30 | 73.56% |
| 2007-06-30 | 78.42% |
| 2007-03-31 | 75.86% |
| 2006-12-31 | 76.72% |
| 2006-09-30 | 82.26% |
| 2006-06-30 | 82.25% |
| 2006-03-31 | 84.72% |
| 2005-12-31 | 91.36% |
| 2005-09-30 | 82.72% |
| 2005-06-30 | 82.48% |
| 2005-03-31 | 80.78% |
| 2004-12-31 | 79.64% |
| 2004-09-30 | 78.13% |
| 2004-06-30 | 79.93% |
| 2004-03-31 | 78.37% |
| 2003-12-31 | 92.29% |
| 2003-09-30 | 75.22% |
| 2003-06-30 | 75.36% |
| 2003-03-31 | 84.41% |
| 2002-12-31 | 65.55% |
| 2002-09-30 | 71.61% |
| 2002-06-20 | 71.46% |
