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 46.85% is in line with its 5-year average of 47.07%, around the middle of its 5-year range (27.71%–59.99%).
10.32% below its 12-month average of 52.24%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 56.76%.
GROSS MARGIN
46.85%
GROSS MARGIN AVG TTM
52.24%
GROSS MARGIN AVG 3Y
44.26%
GROSS MARGIN AVG 5Y
47.07%
GROSS MARGIN AVG 10Y
42.18%
GROSS MARGIN AVG 15Y
24.34%
GROSS MARGIN AVG 20Y
45.54%
CURRENT VS TTM AVG
-10.32%
CURRENT VS 3Y AVG
+5.85%
CURRENT VS 5Y AVG
-0.47%
CURRENT VS 10Y AVG
+11.06%
CURRENT VS 15Y AVG
+92.45%
CURRENT VS 20Y AVG
+2.89%
SECTOR MEDIAN · ENERGY
24.78%
median of 112 covered companies
CURRENT VS SECTOR MEDIAN
+89.06%
vs the sector median at left
Market Cap
$4.68B
Gross Margin
46.42%
TTM Avg
40.13%
3Y Avg
45.19%
5Y Avg
42.41%
Market Cap
$4.48B
Gross Margin
46.95%
TTM Avg
46.97%
3Y Avg
45.48%
5Y Avg
44.46%
Market Cap
$4.47B
Gross Margin
19.82%
TTM Avg
19.33%
3Y Avg
17.50%
5Y Avg
15.52%
Market Cap
$4.46B
Gross Margin
8.28%
TTM Avg
9.02%
3Y Avg
12.41%
5Y Avg
10.94%
Market Cap
$5.78B
Gross Margin
21.70%
TTM Avg
28.16%
3Y Avg
30.12%
5Y Avg
28.30%
Market Cap
$4.31B
Gross Margin
4.76%
TTM Avg
5.04%
3Y Avg
9.15%
5Y Avg
-6.11%
Market Cap
$3.96B
Gross Margin
10.49%
TTM Avg
20.61%
3Y Avg
19.84%
5Y Avg
12.13%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Golar LNG Limited (GLNG) | $5.09B | 46.85% | 52.24% | 44.26% | 47.07% |
| Plains GP Holdings LP (PAGP)vs › | $5.19B | 5.09% | 6.50% | 6.25% | 6.85% |
| California Resources Corp (CRC)vs › | $4.68B | 46.42% | 40.13% | 45.19% | 42.41% |
| Enphase Energy, Inc. (ENPH)vs › | $4.48B | 46.95% | 46.97% | 45.48% | 44.46% |
| Oceaneering International, Inc. (OII)vs › | $4.47B | 19.82% | 19.33% | 17.50% | 15.52% |
| Icahn Enterprises L.P. (IEP)vs › | $4.46B | 8.28% | 9.02% | 12.41% | 10.94% |
| Weatherford International plc (WFRD)vs › | $5.78B | 21.70% | 28.16% | 30.12% | 28.30% |
| Patterson-UTI Energy, Inc. (PTEN)vs › | $4.31B | 4.76% | 5.04% | 9.15% | -6.11% |
| Helmerich & Payne, Inc. (HP)vs › | $3.96B | 10.49% | 20.61% | 19.84% | 12.13% |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $6.95B | 49.28% | 61.84% | 57.34% | 45.19% |
Gross Margin
46.9%
(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 | 56.76% |
| 2026-03-31 | 59.99% |
| 2025-12-31 | 51.58% |
| 2025-09-30 | 51.64% |
| 2025-06-30 | 41.23% |
| 2025-03-31 | 34.23% |
| 2024-12-31 | 36.29% |
| 2024-09-30 | 28.65% |
| 2024-06-30 | 27.71% |
| 2024-03-31 | 38.26% |
| 2023-12-31 | 53.43% |
| 2023-09-30 | 43.87% |
| 2023-06-30 | 51.78% |
| 2023-03-31 | 57.57% |
| 2022-12-31 | 46.59% |
| 2022-09-30 | 54.90% |
| 2022-06-30 | 52.46% |
| 2022-03-31 | 55.38% |
| 2021-12-31 | 59.95% |
| 2021-09-30 | 43.89% |
| 2021-06-30 | 42.31% |
| 2021-03-31 | 47.03% |
| 2020-12-31 | 50.43% |
| 2020-09-30 | 41.58% |
| 2020-06-30 | 48.39% |
| 2020-03-31 | 49.17% |
| 2019-12-31 | 55.80% |
| 2019-09-30 | 36.73% |
| 2019-06-30 | 24.17% |
| 2019-03-31 | 33.58% |
| 2018-12-31 | 46.42% |
| 2018-09-30 | 33.29% |
| 2018-06-30 | 3.26% |
| 2018-03-31 | 10.34% |
| 2017-12-31 | 7.75% |
| 2017-09-30 | -36.60% |
| 2017-06-30 | -45.29% |
| 2017-03-31 | -119.27% |
| 2016-12-31 | -77.27% |
| 2016-09-30 | -83.01% |
| 2016-06-30 | -150.01% |
| 2016-03-31 | -158.65% |
| 2015-12-31 | -93.61% |
| 2015-09-30 | -61.73% |
| 2015-06-30 | -169.77% |
| 2015-03-31 | -73.96% |
| 2014-12-31 | -9.96% |
| 2014-09-30 | 0.95% |
| 2014-06-30 | -28.81% |
| 2014-03-31 | -53.66% |
| 2013-12-31 | -63.95% |
| 2013-09-30 | -37.53% |
| 2013-06-30 | 17.80% |
| 2013-03-31 | 42.69% |
| 2012-12-31 | 53.81% |
| 2012-09-30 | 81.21% |
| 2012-06-30 | 80.49% |
| 2012-03-31 | 65.50% |
| 2011-12-31 | 76.87% |
| 2011-09-30 | 80.29% |
| 2011-06-30 | 76.96% |
| 2011-03-31 | 73.56% |
| 2010-12-31 | 71.60% |
| 2010-09-30 | 69.98% |
| 2010-06-30 | 60.32% |
| 2010-03-31 | 55.68% |
| 2009-12-31 | 66.26% |
| 2009-09-30 | 49.64% |
| 2009-06-30 | 46.03% |
| 2009-03-31 | 49.00% |
| 2008-12-31 | 55.88% |
| 2008-09-30 | 55.98% |
| 2008-06-30 | 50.08% |
| 2008-03-31 | 71.08% |
| 2007-12-31 | 74.97% |
| 2007-09-30 | 71.81% |
| 2007-06-30 | 71.61% |
| 2007-03-31 | 67.75% |
| 2006-12-31 | 81.20% |
| 2006-09-30 | 76.14% |
| 2006-06-30 | 74.13% |
| 2006-03-31 | 77.04% |
| 2005-12-31 | 78.02% |
| 2005-09-30 | 76.11% |
| 2005-06-30 | 71.61% |
| 2005-03-31 | 77.82% |
| 2004-12-31 | 77.40% |
| 2004-09-30 | 75.51% |
| 2004-06-30 | 76.96% |
| 2004-03-31 | 76.91% |
| 2003-12-31 | 72.77% |
| 2003-09-30 | 74.22% |
| 2003-06-30 | 78.08% |
| 2003-03-31 | 78.03% |
| 2002-12-31 | 76.72% |
