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 14.55% is 18% below its 5-year average of 17.70%, around the middle of its 5-year range (-13.68%–44.14%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.05% below its 12-month average of 17.12%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
14.55%
GROSS MARGIN AVG TTM
17.12%
GROSS MARGIN AVG 3Y
18.77%
GROSS MARGIN AVG 5Y
17.70%
GROSS MARGIN AVG 10Y
23.81%
GROSS MARGIN AVG 15Y
25.55%
GROSS MARGIN AVG 20Y
27.11%
CURRENT VS TTM AVG
-15.05%
CURRENT VS 3Y AVG
-22.51%
CURRENT VS 5Y AVG
-17.84%
CURRENT VS 10Y AVG
-38.90%
CURRENT VS 15Y AVG
-43.07%
CURRENT VS 20Y AVG
-46.35%
SECTOR MEDIAN · UTILITIES
31.81%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
-54.27%
vs the sector median at left
Market Cap
$26.28B
Gross Margin
57.83%
TTM Avg
49.42%
3Y Avg
43.87%
5Y Avg
41.83%
Market Cap
$26.45B
Gross Margin
44.38%
TTM Avg
51.83%
3Y Avg
55.28%
5Y Avg
55.50%
Market Cap
$26.79B
Gross Margin
28.71%
TTM Avg
37.36%
3Y Avg
38.38%
5Y Avg
38.57%
Market Cap
$28.70B
Gross Margin
51.43%
TTM Avg
55.14%
3Y Avg
50.37%
5Y Avg
50.93%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NRG Energy, Inc. (NRG) | $25.71B | 14.55% | 17.12% | 18.77% | 17.70% |
| PPL Corporation (PPL)vs › | $26.19B | 35.29% | 41.41% | 39.69% | 42.77% |
| Edison International (EIX)vs › | $26.28B | 57.83% | 49.42% | 43.87% | 41.83% |
| American Water Works Company, Inc. (AWK)vs › | $26.45B | 44.38% | 51.83% | 55.28% | 55.50% |
| CenterPoint Energy, Inc. (CNP)vs › | $26.79B | 28.71% | 37.36% | 38.38% | 38.57% |
| Eversource Energy (ES)vs › | $27.16B | 30.13% | 30.63% | 36.49% | 40.66% |
| FirstEnergy Corp. (FE)vs › | $27.59B | 53.43% | 61.14% | 62.33% | 64.99% |
| Atmos Energy Corporation (ATO)vs › | $28.70B | 51.43% | 55.14% | 50.37% | 50.93% |
| DTE Energy Company (DTE)vs › | $28.98B | 84.94% | 59.88% | 43.20% | 37.30% |
| CMS Energy Corporation (CMS)vs › | $22.33B | 60.91% | 51.80% | 43.52% | 41.87% |
Gross Margin
14.5%
(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 | 14.55% |
| 2026-03-31 | 8.25% |
| 2025-12-31 | 32.79% |
| 2025-09-30 | 13.54% |
| 2025-06-30 | 16.48% |
| 2025-03-31 | 23.58% |
| 2024-12-31 | 28.57% |
| 2024-09-30 | -0.22% |
| 2024-06-30 | 35.01% |
| 2024-03-31 | 23.79% |
| 2023-12-31 | 6.49% |
| 2023-09-30 | 19.38% |
| 2023-06-30 | 21.83% |
| 2023-03-31 | -13.68% |
| 2022-12-31 | -12.37% |
| 2022-09-30 | 8.32% |
| 2022-06-30 | 19.16% |
| 2022-03-31 | 37.56% |
| 2021-12-31 | 0.85% |
| 2021-09-30 | 44.14% |
| 2021-06-30 | 43.77% |
| 2021-03-31 | 15.25% |
| 2020-12-31 | 20.33% |
| 2020-09-30 | 27.59% |
| 2020-06-30 | 35.92% |
| 2020-03-31 | 27.84% |
| 2019-12-31 | 24.65% |
| 2019-09-30 | 28.14% |
| 2019-06-30 | 25.15% |
| 2019-03-31 | 23.74% |
| 2018-12-31 | 18.12% |
| 2018-09-30 | 24.39% |
| 2018-06-30 | 23.24% |
| 2018-03-31 | 32.93% |
| 2017-12-31 | 32.56% |
| 2017-09-30 | 24.38% |
| 2017-06-30 | 31.84% |
| 2017-03-31 | 21.83% |
| 2016-12-31 | 28.24% |
| 2016-09-30 | 28.68% |
| 2016-06-30 | 35.81% |
| 2016-03-31 | 32.05% |
| 2015-12-31 | 26.32% |
| 2015-09-30 | 31.39% |
| 2015-06-30 | 28.35% |
| 2015-03-31 | 20.01% |
| 2014-12-31 | 29.60% |
| 2014-09-30 | 28.26% |
| 2014-06-30 | 21.90% |
| 2014-03-31 | 21.49% |
| 2013-12-31 | 30.52% |
| 2013-09-30 | 32.01% |
| 2013-06-30 | 29.98% |
| 2013-03-31 | 15.76% |
| 2012-12-31 | 28.79% |
| 2012-09-30 | 25.35% |
| 2012-06-30 | 38.27% |
| 2012-03-31 | 14.98% |
| 2011-12-31 | 20.73% |
| 2011-09-30 | 23.22% |
| 2011-06-30 | 29.41% |
| 2011-03-31 | 33.63% |
| 2010-12-31 | 30.07% |
| 2010-09-30 | 31.66% |
| 2010-06-30 | 37.69% |
| 2010-03-31 | 26.00% |
| 2009-12-31 | 33.58% |
| 2009-09-30 | 35.08% |
| 2009-06-30 | 44.48% |
| 2009-03-31 | 53.80% |
| 2008-12-31 | 100.00% |
| 2008-09-30 | 100.00% |
| 2008-06-30 | 23.18% |
| 2008-03-31 | 38.25% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 100.00% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | -5.50% |
| 2003-09-30 | 32.65% |
| 2003-06-30 | 13.53% |
| 2003-03-31 | 25.31% |
| 2002-12-31 | 38.02% |
| 2002-09-30 | 32.62% |
