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 40.06% is 32% above its 5-year average of 30.34%, around the middle of its 5-year range (17.71%–67.47%).
5.49% above its 12-month average of 37.98%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 25.37%.
GROSS MARGIN
40.06%
GROSS MARGIN AVG TTM
37.98%
GROSS MARGIN AVG 3Y
30.74%
GROSS MARGIN AVG 5Y
30.34%
GROSS MARGIN AVG 10Y
31.95%
GROSS MARGIN AVG 15Y
39.83%
GROSS MARGIN AVG 20Y
47.07%
CURRENT VS TTM AVG
+5.49%
CURRENT VS 3Y AVG
+30.31%
CURRENT VS 5Y AVG
+32.03%
CURRENT VS 10Y AVG
+25.39%
CURRENT VS 15Y AVG
+0.59%
CURRENT VS 20Y AVG
-14.89%
SECTOR MEDIAN · UTILITIES
41.05%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-2.41%
vs the sector median at left
Market Cap
$16.45B
Gross Margin
42.04%
TTM Avg
42.41%
3Y Avg
42.13%
5Y Avg
42.29%
Market Cap
$19.80B
Gross Margin
60.91%
TTM Avg
51.80%
3Y Avg
43.52%
5Y Avg
41.87%
Market Cap
$20.59B
Gross Margin
57.83%
TTM Avg
49.42%
3Y Avg
43.87%
5Y Avg
41.83%
Market Cap
$13.63B
Gross Margin
44.57%
TTM Avg
35.08%
3Y Avg
36.33%
5Y Avg
31.78%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Evergy, Inc. (EVRG) | $18.08B | 40.06% | 37.98% | 30.74% | 30.34% |
| NiSource Inc (NI)vs › | $18.82B | 50.76% | 50.94% | 46.34% | 44.94% |
| Alliant Energy Corporation (LNT)vs › | $16.45B | 42.04% | 42.41% | 42.13% | 42.29% |
| CMS Energy Corporation (CMS)vs › | $19.80B | 60.91% | 51.80% | 43.52% | 41.87% |
| Edison International (EIX)vs › | $20.59B | 57.83% | 49.42% | 43.87% | 41.83% |
| NRG Energy, Inc. (NRG)vs › | $21.25B | 16.42% | 21.65% | 16.06% | 19.41% |
| Talen Energy Corporation (TLN)vs › | $13.63B | 44.57% | 35.08% | 36.33% | 31.78% |
| PPL Corporation (PPL)vs › | $24.27B | 42.73% | 41.41% | 39.69% | 42.77% |
| Eversource Energy (ES)vs › | $24.41B | 35.24% | 30.63% | 36.49% | 40.66% |
| CenterPoint Energy, Inc. (CNP)vs › | $24.48B | 28.71% | 37.36% | 38.38% | 38.57% |
Gross Margin
40.1%
(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 | 25.37% |
| 2026-03-31 | 67.47% |
| 2025-12-31 | 24.63% |
| 2025-09-30 | 41.71% |
| 2025-06-30 | 30.70% |
| 2025-03-31 | 29.00% |
| 2024-12-31 | 23.67% |
| 2024-09-30 | 41.43% |
| 2024-06-30 | 32.70% |
| 2024-03-31 | 28.44% |
| 2023-12-31 | 23.68% |
| 2023-09-30 | 35.28% |
| 2023-06-30 | 32.27% |
| 2023-03-31 | 29.43% |
| 2022-12-31 | 17.71% |
| 2022-09-30 | 35.89% |
| 2022-06-30 | 30.13% |
| 2022-03-31 | 29.01% |
| 2021-12-31 | 20.84% |
| 2021-09-30 | 43.11% |
| 2021-06-30 | 31.81% |
| 2021-03-31 | 25.60% |
| 2020-12-31 | 22.20% |
| 2020-09-30 | 40.37% |
| 2020-06-30 | 30.61% |
| 2020-03-31 | 25.95% |
| 2019-12-31 | 22.53% |
| 2019-09-30 | 39.95% |
| 2019-06-30 | 29.74% |
| 2019-03-31 | 24.89% |
| 2018-12-31 | 20.79% |
| 2018-09-30 | 39.58% |
| 2018-06-30 | 34.34% |
| 2018-03-31 | 27.97% |
| 2017-12-31 | 27.99% |
| 2017-09-30 | 39.61% |
| 2017-06-30 | 33.25% |
| 2017-03-31 | 39.86% |
| 2016-12-31 | 38.04% |
| 2016-09-30 | 49.61% |
| 2016-06-30 | 58.25% |
| 2016-03-31 | 58.10% |
| 2015-12-31 | 55.86% |
| 2015-09-30 | 58.81% |
| 2015-06-30 | 52.48% |
| 2015-03-31 | 49.67% |
| 2014-12-31 | 47.83% |
| 2014-09-30 | 55.41% |
| 2014-06-30 | 47.42% |
| 2014-03-31 | 49.47% |
| 2013-12-31 | 64.58% |
| 2013-09-30 | 54.35% |
| 2013-06-30 | 49.91% |
| 2013-03-31 | 48.79% |
| 2012-12-31 | -43.20% |
| 2012-09-30 | 53.07% |
| 2012-06-30 | 46.29% |
| 2012-03-31 | 40.36% |
| 2011-12-31 | 70.36% |
| 2011-09-30 | 70.58% |
| 2011-06-30 | 70.86% |
| 2011-03-31 | 72.14% |
| 2010-12-31 | 72.73% |
| 2010-09-30 | 70.85% |
| 2010-06-30 | 72.31% |
| 2010-03-31 | 70.90% |
| 2009-12-31 | 69.95% |
| 2009-09-30 | 73.23% |
| 2009-06-30 | 74.24% |
| 2009-03-31 | 66.65% |
| 2008-12-31 | 66.41% |
| 2008-09-30 | 61.70% |
| 2008-06-30 | 57.59% |
| 2008-03-31 | 64.00% |
| 2007-12-31 | 67.68% |
| 2007-09-30 | 66.69% |
| 2007-06-30 | 68.36% |
| 2007-03-31 | 72.07% |
| 2006-12-31 | 72.85% |
| 2006-09-30 | 67.23% |
| 2006-06-30 | 68.09% |
| 2006-03-31 | 67.50% |
| 2005-12-31 | 53.11% |
| 2005-09-30 | 72.37% |
| 2005-06-30 | 68.09% |
| 2005-03-31 | 72.72% |
| 2004-12-31 | 71.28% |
| 2004-09-30 | 71.52% |
| 2004-06-30 | 72.35% |
| 2004-03-31 | 70.09% |
| 2003-12-31 | 72.78% |
| 2003-09-30 | 72.29% |
| 2003-06-30 | 74.35% |
| 2003-03-31 | 73.98% |
| 2002-12-31 | 69.66% |
| 2002-09-30 | 74.07% |