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 9.18% is 20% above its 5-year average of 7.62%, near the high end of its 5-year range (-25.49%–17.18%).
3.53% below its 12-month average of 9.52%.
Reported quarterly gross margin; no daily interpolation. Q3 FY2026 (2026-06-30): 5.12%.
GROSS MARGIN
9.18%
GROSS MARGIN AVG TTM
9.52%
GROSS MARGIN AVG 3Y
10.38%
GROSS MARGIN AVG 5Y
7.62%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-3.53%
CURRENT VS 3Y AVG
-11.57%
CURRENT VS 5Y AVG
+20.48%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
41.05%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-77.64%
vs the sector median at left
Market Cap
$1.01B
Gross Margin
17.33%
TTM Avg
34.81%
3Y Avg
41.75%
5Y Avg
45.94%
Market Cap
$1.99B
Gross Margin
45.17%
TTM Avg
37.03%
3Y Avg
35.59%
5Y Avg
36.57%
Market Cap
$5.37B
Gross Margin
42.92%
TTM Avg
38.98%
3Y Avg
35.60%
5Y Avg
36.73%
Market Cap
$8.90B
Gross Margin
24.45%
TTM Avg
36.47%
3Y Avg
51.03%
5Y Avg
56.24%
Market Cap
$10.56B
Gross Margin
20.29%
TTM Avg
18.46%
3Y Avg
19.24%
5Y Avg
21.53%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fluence Energy, Inc. (FLNC) | $1.40B | 9.18% | 9.52% | 10.38% | 7.62% |
| XPLR Infrastructure, LP (XIFR)vs › | $1.01B | 17.33% | 34.81% | 41.75% | 45.94% |
| Northwest Natural Holding Company (NWN)vs › | $1.99B | 45.17% | 37.03% | 35.59% | 36.57% |
| Avista Corporation (AVA)vs › | $2.97B | 24.19% | 41.51% | 49.97% | 55.86% |
| Black Hills Corporation (BKH)vs › | $5.37B | 42.92% | 38.98% | 35.60% | 36.73% |
| Oklo Inc. (OKLO)vs › | $6.75B | 0.00% | 0.00% | 0.00% | 0.00% |
| UGI Corporation (UGI)vs › | $7.85B | 46.72% | 50.45% | 41.03% | 46.83% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $8.90B | 24.45% | 36.47% | 51.03% | 56.24% |
| The AES Corporation (AES)vs › | $10.56B | 20.29% | 18.46% | 19.24% | 21.53% |
| Pinnacle West Capital Corporation (PNW)vs › | $11.15B | 25.41% | 33.55% | 36.47% | 39.35% |
Gross Margin
9.2%
(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 | 5.12% |
| 2026-03-31 | 9.11% |
| 2025-12-31 | 4.85% |
| 2025-09-30 | 13.72% |
| 2025-06-30 | 14.79% |
| 2025-03-31 | 9.87% |
| 2024-12-31 | 11.35% |
| 2024-09-30 | 12.82% |
| 2024-06-30 | 17.18% |
| 2024-03-31 | 10.30% |
| 2023-12-31 | 10.00% |
| 2023-09-30 | 11.78% |
| 2023-06-30 | 4.07% |
| 2023-03-31 | 4.41% |
| 2022-12-31 | 3.88% |
| 2022-09-30 | 2.54% |
| 2022-06-30 | -1.20% |
| 2022-03-31 | 5.56% |
| 2021-12-31 | -25.49% |
| 2021-09-30 | -16.57% |
| 2021-06-30 | -5.38% |
| 2021-03-31 | 8.61% |
| 2020-12-31 | 3.21% |
| 2020-09-30 | 4.69% |
