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 13.25% is in line with its 5-year average of 13.01%, around the middle of its 5-year range (10.73%–15.59%).
4.02% below its 12-month average of 13.81%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 12.06%.
GROSS MARGIN
13.25%
GROSS MARGIN AVG TTM
13.81%
GROSS MARGIN AVG 3Y
13.06%
GROSS MARGIN AVG 5Y
13.01%
GROSS MARGIN AVG 10Y
14.32%
GROSS MARGIN AVG 15Y
12.30%
GROSS MARGIN AVG 20Y
11.17%
CURRENT VS TTM AVG
-4.02%
CURRENT VS 3Y AVG
+1.43%
CURRENT VS 5Y AVG
+1.82%
CURRENT VS 10Y AVG
-7.46%
CURRENT VS 15Y AVG
+7.76%
CURRENT VS 20Y AVG
+18.57%
SECTOR MEDIAN · ENERGY
30.57%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
-56.66%
vs the sector median at left
Enterprise Products Partners L.P.
Market Cap
$81.28B
Gross Margin
13.25%
TTM Avg
13.81%
3Y Avg
13.06%
5Y Avg
13.01%
Market Cap
$86.98B
Gross Margin
42.86%
TTM Avg
50.78%
3Y Avg
53.52%
5Y Avg
52.60%
Market Cap
$75.55B
Gross Margin
70.20%
TTM Avg
71.91%
3Y Avg
76.49%
5Y Avg
71.49%
Market Cap
$69.85B
Gross Margin
43.66%
TTM Avg
40.16%
3Y Avg
35.59%
5Y Avg
35.99%
Market Cap
$99.36B
Gross Margin
21.29%
TTM Avg
35.30%
3Y Avg
33.06%
5Y Avg
27.47%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enterprise Products Partners L.P. (EPD) | $81.28B | 13.25% | 13.81% | 13.06% | 13.01% |
| Suncor Energy Inc. (SU)vs › | $80.27B | 54.01% | 58.87% | 59.64% | 59.36% |
| Eni S.p.A. (E)vs › | $79.44B | 9.89% | 11.21% | 14.28% | 13.96% |
| Slb N.V. (SLB)vs › | $76.98B | 16.53% | 19.38% | 19.24% | 17.32% |
| The Williams Companies, Inc. (WMB)vs › | $86.98B | 42.86% | 50.78% | 53.52% | 52.60% |
| EOG Resources, Inc. (EOG)vs › | $75.55B | 70.20% | 71.91% | 76.49% | 71.49% |
| Energy Transfer LP (ET)vs › | $70.51B | 24.11% | 20.38% | 18.28% | 19.90% |
| Kinder Morgan, Inc. (KMI)vs › | $69.85B | 43.66% | 40.16% | 35.59% | 35.99% |
| Canadian Natural Resources Limited (CNQ)vs › | $99.36B | 21.29% | 35.30% | 33.06% | 27.47% |
| TC Energy Corporation (TRP)vs › | $62.67B | 51.47% | 49.00% | 48.84% | 49.25% |
Gross Margin
13.3%
(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 |
|---|---|
| 2026-06-30 | 12.06% |
| 2026-03-31 | 13.09% |
| 2025-12-31 | 14.51% |
| 2025-09-30 | 13.78% |
| 2025-06-30 | 15.59% |
| 2025-03-31 | 11.27% |
| 2024-12-31 | 13.55% |
| 2024-09-30 | 12.84% |
| 2024-06-30 | 12.79% |
| 2024-03-31 | 12.24% |
| 2023-12-31 | 12.69% |
| 2023-09-30 | 13.69% |
| 2023-06-30 | 14.24% |
| 2023-03-31 | 13.66% |
| 2022-12-31 | 12.39% |
| 2022-09-30 | 10.89% |
| 2022-06-30 | 10.73% |
| 2022-03-31 | 12.49% |
| 2021-12-31 | 12.54% |
| 2021-09-30 | 13.40% |
| 2021-06-30 | 14.83% |
| 2021-03-31 | 18.22% |
| 2020-12-31 | 20.88% |
| 2020-09-30 | 20.63% |
| 2020-06-30 | 24.21% |
| 2020-03-31 | 19.03% |
| 2019-12-31 | 16.71% |
| 2019-09-30 | 17.95% |
| 2019-06-30 | 17.91% |
| 2019-03-31 | 17.89% |
| 2018-12-31 | 17.28% |
| 2018-09-30 | 16.57% |
| 2018-06-30 | 11.00% |
| 2018-03-31 | 11.58% |
| 2017-12-31 | 12.19% |
| 2017-09-30 | 11.86% |
| 2017-06-30 | 13.48% |
| 2017-03-31 | 13.64% |
| 2016-12-31 | 13.67% |
| 2016-09-30 | 14.55% |
| 2016-06-30 | 14.40% |
| 2016-03-31 | 17.18% |
| 2015-12-31 | 15.21% |
| 2015-09-30 | 13.98% |
| 2015-06-30 | 11.48% |
| 2015-03-31 | 11.90% |
| 2014-12-31 | 9.03% |
| 2014-09-30 | 7.47% |
| 2014-06-30 | 7.07% |
| 2014-03-31 | 7.31% |
| 2013-12-31 | 7.30% |
| 2013-09-30 | 6.90% |
| 2013-06-30 | 7.26% |
| 2013-03-31 | 8.48% |
| 2012-12-31 | 7.65% |
| 2012-09-30 | 8.14% |
| 2012-06-30 | 7.97% |
| 2012-03-31 | 6.98% |
| 2011-12-31 | 8.13% |
| 2011-09-30 | 6.38% |
| 2011-06-30 | 6.09% |
| 2011-03-31 | 6.35% |
| 2010-12-31 | 5.64% |
| 2010-09-30 | 7.53% |
| 2010-06-30 | 7.55% |
| 2010-03-31 | 6.70% |
| 2009-12-31 | 5.82% |
| 2009-09-30 | 8.18% |
| 2009-06-30 | 10.65% |
| 2009-03-31 | 11.15% |
| 2008-12-31 | 10.21% |
| 2008-09-30 | 5.18% |
| 2008-06-30 | 5.99% |
| 2008-03-31 | 6.57% |
| 2007-12-31 | 5.19% |
| 2007-09-30 | 5.24% |
| 2007-06-30 | 5.98% |
| 2007-03-31 | 5.97% |
| 2006-12-31 | 6.47% |
| 2006-09-30 | 7.43% |
| 2006-06-30 | 5.52% |
| 2006-03-31 | 6.25% |
| 2005-12-31 | 5.11% |
| 2005-09-30 | 6.28% |
| 2005-06-30 | 5.30% |
| 2005-03-31 | 6.73% |
| 2004-12-31 | 6.45% |
| 2004-09-30 | 4.35% |
| 2004-06-30 | 3.50% |
| 2004-03-31 | 4.89% |
| 2003-12-31 | 5.08% |
| 2003-09-30 | 4.54% |
| 2003-06-30 | 6.33% |
| 2003-03-31 | 6.40% |
| 2002-12-31 | 5.72% |
| 2002-09-30 | 8.50% |
