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 50.76% is 11% above its 5-year average of 45.91%, near the high end of its 5-year range (35.29%–53.29%).
0.56% above its 12-month average of 50.48%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 50.20%.
GROSS MARGIN
50.76%
GROSS MARGIN AVG TTM
50.48%
GROSS MARGIN AVG 3Y
50.58%
GROSS MARGIN AVG 5Y
45.91%
GROSS MARGIN AVG 10Y
42.38%
GROSS MARGIN AVG 15Y
41.46%
GROSS MARGIN AVG 20Y
42.09%
CURRENT VS TTM AVG
+0.56%
CURRENT VS 3Y AVG
+0.36%
CURRENT VS 5Y AVG
+10.55%
CURRENT VS 10Y AVG
+19.77%
CURRENT VS 15Y AVG
+22.44%
CURRENT VS 20Y AVG
+20.61%
SECTOR MEDIAN · UTILITIES
41.05%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+23.65%
vs the sector median at left
Market Cap
$20.95B
Gross Margin
60.91%
TTM Avg
51.80%
3Y Avg
43.52%
5Y Avg
41.87%
Market Cap
$21.60B
Gross Margin
57.83%
TTM Avg
49.42%
3Y Avg
43.87%
5Y Avg
41.83%
Market Cap
$17.28B
Gross Margin
42.04%
TTM Avg
42.41%
3Y Avg
42.13%
5Y Avg
42.29%
Market Cap
$25.46B
Gross Margin
28.71%
TTM Avg
37.36%
3Y Avg
38.38%
5Y Avg
38.57%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NiSource Inc (NI) | $19.69B | 50.76% | 50.48% | 50.58% | 45.91% |
| Evergy, Inc. (EVRG)vs › | $18.64B | 40.06% | 32.42% | 31.07% | 31.02% |
| CMS Energy Corporation (CMS)vs › | $20.95B | 60.91% | 51.80% | 43.52% | 41.87% |
| Edison International (EIX)vs › | $21.60B | 57.83% | 49.42% | 43.87% | 41.83% |
| Alliant Energy Corporation (LNT)vs › | $17.28B | 42.04% | 42.41% | 42.13% | 42.29% |
| NRG Energy, Inc. (NRG)vs › | $22.89B | 16.42% | 21.65% | 16.06% | 19.41% |
| PPL Corporation (PPL)vs › | $25.43B | 42.73% | 41.41% | 39.69% | 42.77% |
| CenterPoint Energy, Inc. (CNP)vs › | $25.46B | 28.71% | 37.36% | 38.38% | 38.57% |
| Eversource Energy (ES)vs › | $25.70B | 35.24% | 30.63% | 36.49% | 40.66% |
| Talen Energy Corporation (TLN)vs › | $13.01B | 44.57% | 35.08% | 36.33% | 31.78% |
Gross Margin
50.8%
(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 | 50.20% |
| 2026-03-31 | 50.98% |
| 2025-12-31 | 49.20% |
| 2025-09-30 | 53.29% |
| 2025-06-30 | 48.71% |
| 2025-03-31 | 50.75% |
| 2024-12-31 | 49.72% |
| 2024-09-30 | 51.38% |
| 2024-06-30 | 51.84% |
| 2024-03-31 | 52.92% |
| 2023-12-31 | 48.80% |
| 2023-09-30 | 49.14% |
| 2023-06-30 | 42.99% |
| 2023-03-31 | 41.19% |
| 2022-12-31 | 38.13% |
| 2022-09-30 | 37.71% |
| 2022-06-30 | 35.29% |
| 2022-03-31 | 41.23% |
| 2021-12-31 | 38.98% |
| 2021-09-30 | 41.69% |
| 2021-06-30 | 40.05% |
| 2021-03-31 | 45.76% |
| 2020-12-31 | 40.24% |
| 2020-09-30 | 42.05% |
| 2020-06-30 | 43.75% |
| 2020-03-31 | 43.51% |
| 2019-12-31 | 45.35% |
| 2019-09-30 | 36.60% |
| 2019-06-30 | 70.04% |
| 2019-03-31 | 34.07% |
| 2018-12-31 | 10.65% |
| 2018-09-30 | -12.04% |
| 2018-06-30 | 32.62% |
| 2018-03-31 | 35.64% |
| 2017-12-31 | 35.44% |
| 2017-09-30 | 33.99% |
| 2017-06-30 | 32.53% |
| 2017-03-31 | 39.70% |
| 2016-12-31 | 33.28% |
| 2016-09-30 | 35.59% |
| 2016-06-30 | 36.22% |
| 2016-03-31 | 40.75% |
| 2015-12-31 | 37.55% |
| 2015-09-30 | 36.34% |
| 2015-06-30 | 23.77% |
| 2015-03-31 | 27.67% |
| 2014-12-31 | 32.99% |
| 2014-09-30 | 22.10% |
| 2014-06-30 | 32.23% |
| 2014-03-31 | 32.67% |
| 2013-12-31 | 34.53% |
| 2013-09-30 | 33.89% |
| 2013-06-30 | 32.98% |
| 2013-03-31 | 36.33% |
| 2012-12-31 | -52.08% |
| 2012-09-30 | 31.88% |
| 2012-06-30 | 38.99% |
| 2012-03-31 | 37.41% |
| 2011-12-31 | 59.74% |
| 2011-09-30 | 69.77% |
| 2011-06-30 | 62.35% |
| 2011-03-31 | 47.52% |
| 2010-12-31 | 52.76% |
| 2010-09-30 | 63.10% |
| 2010-06-30 | 62.51% |
| 2010-03-31 | 45.47% |
| 2009-12-31 | 40.57% |
| 2009-09-30 | 74.25% |
| 2009-06-30 | 67.56% |
| 2009-03-31 | 39.20% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 43.53% |
| 2008-06-30 | 37.12% |
| 2008-03-31 | 31.64% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.00% |
