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 80.77% is in line with its 5-year average of 86.10%, near the high end of its 5-year range (64.84%–87.47%).
1.58% below its 12-month average of 82.06%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 64.84%.
GROSS MARGIN
80.77%
GROSS MARGIN AVG TTM
82.06%
GROSS MARGIN AVG 3Y
86.33%
GROSS MARGIN AVG 5Y
86.10%
GROSS MARGIN AVG 10Y
84.25%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-1.58%
CURRENT VS 3Y AVG
-6.44%
CURRENT VS 5Y AVG
-6.19%
CURRENT VS 10Y AVG
-4.13%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
30.57%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+164.21%
vs the sector median at left
Market Cap
$6.70B
Gross Margin
49.28%
TTM Avg
61.84%
3Y Avg
57.34%
5Y Avg
45.19%
Market Cap
$9.66B
Gross Margin
62.92%
TTM Avg
64.44%
3Y Avg
63.13%
5Y Avg
63.71%
Market Cap
$5.71B
Gross Margin
21.70%
TTM Avg
28.16%
3Y Avg
30.12%
5Y Avg
28.30%
Market Cap
$4.66B
Gross Margin
46.42%
TTM Avg
40.13%
3Y Avg
45.19%
5Y Avg
42.41%
Market Cap
$4.42B
Gross Margin
46.95%
TTM Avg
46.97%
3Y Avg
45.48%
5Y Avg
44.46%
Market Cap
$4.41B
Gross Margin
19.82%
TTM Avg
19.33%
3Y Avg
17.50%
5Y Avg
15.52%
Market Cap
$3.85B
Gross Margin
10.49%
TTM Avg
20.61%
3Y Avg
19.84%
5Y Avg
12.13%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hess Midstream LP (HESM) | $7.80B | 80.77% | 82.06% | 86.33% | 86.10% |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $6.70B | 49.28% | 61.84% | 57.34% | 45.19% |
| Antero Midstream Corporation (AM)vs › | $9.66B | 62.92% | 64.44% | 63.13% | 63.71% |
| Weatherford International plc (WFRD)vs › | $5.71B | 21.70% | 28.16% | 30.12% | 28.30% |
| California Resources Corp (CRC)vs › | $4.66B | 46.42% | 40.13% | 45.19% | 42.41% |
| Enphase Energy, Inc. (ENPH)vs › | $4.42B | 46.95% | 46.97% | 45.48% | 44.46% |
| Oceaneering International, Inc. (OII)vs › | $4.41B | 19.82% | 19.33% | 17.50% | 15.52% |
| Helmerich & Payne, Inc. (HP)vs › | $3.85B | 10.49% | 20.61% | 19.84% | 12.13% |
| Nextpower Inc. (NXT)vs › | $12.78B | 33.38% | 33.16% | 27.27% | 23.09% |
| Centrus Energy Corp. (LEU)vs › | $2.64B | 23.27% | 25.71% | 31.64% | 34.07% |
Gross Margin
80.8%
(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 | 64.84% |
| 2026-03-31 | 84.95% |
| 2025-12-31 | 86.55% |
| 2025-09-30 | 86.51% |
| 2025-06-30 | 87.47% |
| 2025-03-31 | 86.48% |
| 2024-12-31 | 87.01% |
| 2024-09-30 | 86.36% |
| 2024-06-30 | 86.15% |
| 2024-03-31 | 85.96% |
| 2023-12-31 | 85.98% |
| 2023-09-30 | 86.84% |
| 2023-06-30 | 85.47% |
| 2023-03-31 | 84.42% |
| 2022-12-31 | 85.22% |
| 2022-09-30 | 86.39% |
| 2022-06-30 | 85.62% |
| 2022-03-31 | 85.77% |
| 2021-12-31 | 86.25% |
| 2021-09-30 | 86.34% |
| 2021-06-30 | 86.30% |
| 2021-03-31 | 86.08% |
| 2020-12-31 | 84.99% |
| 2020-09-30 | 85.08% |
| 2020-06-30 | 85.58% |
| 2020-03-31 | 86.75% |
| 2019-12-31 | 86.45% |
| 2019-09-30 | 83.25% |
| 2019-06-30 | 81.39% |
| 2019-03-31 | 82.26% |
| 2018-12-31 | 81.18% |
| 2018-09-30 | 81.93% |
| 2018-06-30 | 81.64% |
| 2018-03-31 | 80.87% |
| 2017-12-31 | 80.51% |
| 2017-09-30 | 80.57% |
| 2017-06-30 | 79.39% |
| 2017-03-31 | 79.43% |
| 2016-12-31 | 81.79% |
| 2016-09-30 | 79.47% |
| 2016-06-30 | 79.16% |
| 2016-03-31 | 80.99% |
| 2015-12-31 | 83.39% |
| 2015-09-30 | 86.59% |
| 2015-06-30 | 86.87% |
| 2015-03-31 | 84.51% |
| 2014-12-31 | 83.33% |
| 2014-09-30 | 80.65% |
| 2014-06-30 | 78.84% |
| 2014-03-31 | 90.66% |
| 2013-12-31 | 23.84% |
| 2013-09-30 | 24.38% |
| 2013-06-30 | -45.84% |
| 2013-03-31 | -45.84% |
