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 12.50% is in line with its 5-year average of 13.61%, near the high end of its 5-year range (-53.47%–17.22%).
3.31% above its 12-month average of 12.10%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 15.61%.
GROSS MARGIN
12.50%
GROSS MARGIN AVG TTM
12.10%
GROSS MARGIN AVG 3Y
13.55%
GROSS MARGIN AVG 5Y
13.61%
GROSS MARGIN AVG 10Y
16.28%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+3.31%
CURRENT VS 3Y AVG
-7.74%
CURRENT VS 5Y AVG
-8.14%
CURRENT VS 10Y AVG
-23.24%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
24.11%
median of 105 covered companies
CURRENT VS SECTOR MEDIAN
-48.15%
vs the sector median at left
National Energy Services Reunited Corp.
Market Cap
$2.50B
Gross Margin
12.50%
TTM Avg
12.10%
3Y Avg
13.55%
5Y Avg
13.61%
Market Cap
$2.09B
Gross Margin
22.16%
TTM Avg
-40.99%
3Y Avg
-7.79%
5Y Avg
5.41%
Market Cap
$2.97B
Gross Margin
23.27%
TTM Avg
25.71%
3Y Avg
31.64%
5Y Avg
34.07%
Market Cap
$3.17B
Gross Margin
24.41%
TTM Avg
21.03%
3Y Avg
25.49%
5Y Avg
21.75%
Market Cap
$1.46B
Gross Margin
81.55%
TTM Avg
84.88%
3Y Avg
87.97%
5Y Avg
89.16%
Market Cap
$1.43B
Gross Margin
31.92%
TTM Avg
35.30%
3Y Avg
36.30%
5Y Avg
36.98%
Market Cap
$1.41B
Gross Margin
46.24%
TTM Avg
55.43%
3Y Avg
67.16%
5Y Avg
68.63%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| National Energy Services Reunited Corp. (NESR) | $2.50B | 12.50% | 12.10% | 13.55% | 13.61% |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.09B | 22.16% | -40.99% | -7.79% | 5.41% |
| Centrus Energy Corp. (LEU)vs › | $2.97B | 23.27% | 25.71% | 31.64% | 34.07% |
| Alliance Resource Partners, L.P. (ARLP)vs › | $3.17B | 24.41% | 21.03% | 25.49% | 21.75% |
| Sunrun Inc. (RUN)vs › | $1.86B | 34.54% | 21.46% | 15.75% | 16.26% |
| Nextdecade Corp (NEXT)vs › | $1.83B | 0.00% | 0.00% | 0.00% | 0.00% |
| Natural Resource Partners L.P. (NRP)vs › | $1.46B | 81.55% | 84.88% | 87.97% | 89.16% |
| Shoals Technologies Group, Inc. (SHLS)vs › | $1.43B | 31.92% | 35.30% | 36.30% | 36.98% |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.41B | 46.24% | 55.43% | 67.16% | 68.63% |
| Helmerich & Payne, Inc. (HP)vs › | $3.98B | 10.49% | 20.61% | 19.84% | 12.13% |
Gross Margin
12.5%
(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 | 15.61% |
| 2026-03-31 | 11.65% |
| 2025-12-31 | 10.88% |
| 2025-09-30 | 10.38% |
| 2025-06-30 | 11.97% |
| 2025-03-31 | 10.81% |
| 2024-12-31 | 17.22% |
| 2024-09-30 | 15.89% |
| 2024-06-30 | 16.35% |
| 2024-03-31 | 14.47% |
| 2023-12-31 | 14.44% |
| 2023-09-30 | 15.04% |
| 2023-06-30 | 11.41% |
| 2021-12-31 | -53.47% |
| 2021-09-30 | 12.46% |
| 2021-06-30 | 15.54% |
| 2021-03-31 | 16.06% |
| 2020-12-31 | 14.57% |
| 2020-09-30 | 16.68% |
| 2020-06-30 | 17.21% |
| 2020-03-31 | 20.59% |
| 2019-12-31 | 14.69% |
| 2019-09-30 | 22.43% |
| 2019-06-30 | 24.43% |
| 2019-03-31 | 21.85% |
| 2018-12-31 | 24.83% |
| 2018-09-30 | 27.24% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 25.94% |
| 2017-09-30 | 28.25% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
