Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 59.48% is 28% above its 5-year average of 46.53%, near the high end of its 5-year range (35.29%–59.48%).
As of the fiscal period ended Tuesday, March 31, 2026. 10.01% above its 12-month average of 54.07%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
59.48%
GROSS MARGIN AVG TTM
54.07%
GROSS MARGIN AVG 3Y
50.70%
GROSS MARGIN AVG 5Y
46.53%
GROSS MARGIN AVG 10Y
42.59%
GROSS MARGIN AVG 15Y
40.70%
GROSS MARGIN AVG 20Y
41.81%
CURRENT VS TTM AVG
+10.01%
CURRENT VS 3Y AVG
+17.33%
CURRENT VS 5Y AVG
+27.83%
CURRENT VS 10Y AVG
+39.65%
CURRENT VS 15Y AVG
+46.13%
CURRENT VS 20Y AVG
+42.25%
SECTOR MEDIAN · UTILITIES
31.68%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+87.73%
vs the sector median at left
Market Cap
$22.49B
Gross Margin
64.61%
TTM Avg
51.80%
3Y Avg
43.52%
5Y Avg
41.87%
Market Cap
$18.11B
Gross Margin
37.97%
TTM Avg
42.41%
3Y Avg
42.13%
5Y Avg
42.29%
Market Cap
$27.10B
Gross Margin
44.38%
TTM Avg
51.83%
3Y Avg
55.28%
5Y Avg
55.50%
Market Cap
$15.58B
Gross Margin
40.14%
TTM Avg
35.08%
3Y Avg
36.33%
5Y Avg
31.78%
Market Cap
$27.65B
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) | $21.46B | 59.48% | 54.07% | 50.70% | 46.53% |
| CMS Energy Corporation (CMS)vs › | $22.49B | 64.61% | 51.80% | 43.52% | 41.87% |
| Evergy, Inc. (EVRG)vs › | $19.10B | 32.28% | 32.42% | 31.07% | 31.02% |
| Alliant Energy Corporation (LNT)vs › | $18.11B | 37.97% | 42.41% | 42.13% | 42.29% |
| PPL Corporation (PPL)vs › | $26.63B | 35.29% | 41.41% | 39.69% | 42.77% |
| American Water Works Company, Inc. (AWK)vs › | $27.10B | 44.38% | 51.83% | 55.28% | 55.50% |
| Eversource Energy (ES)vs › | $26.86B | 30.13% | 30.63% | 36.49% | 40.66% |
| Talen Energy Corporation (TLN)vs › | $15.58B | 40.14% | 35.08% | 36.33% | 31.78% |
| CenterPoint Energy, Inc. (CNP)vs › | $27.65B | 28.71% | 37.36% | 38.38% | 38.57% |
| FirstEnergy Corp. (FE)vs › | $28.02B | 53.43% | 61.14% | 62.33% | 64.99% |
Gross Margin
59.5%
(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 |
|---|---|
| 2026-03-31 | 59.48% |
| 2025-12-31 | 58.12% |
| 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% |
| 2002-06-30 | 0.00% |
