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 48.84% is 18% below its 5-year average of 59.43%, near the low end of its 5-year range (48.84%–65.61%).
As of the fiscal period ended Tuesday, March 31, 2026. 14.32% below its 12-month average of 57.00%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
48.84%
GROSS MARGIN AVG TTM
57.00%
GROSS MARGIN AVG 3Y
59.02%
GROSS MARGIN AVG 5Y
59.96%
GROSS MARGIN AVG 10Y
60.34%
GROSS MARGIN AVG 15Y
57.84%
GROSS MARGIN AVG 20Y
57.00%
CURRENT VS TTM AVG
-14.32%
CURRENT VS 3Y AVG
-17.25%
CURRENT VS 5Y AVG
-18.54%
CURRENT VS 10Y AVG
-19.06%
CURRENT VS 15Y AVG
-15.57%
CURRENT VS 20Y AVG
-14.31%
SECTOR MEDIAN · ENERGY
28.15%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+73.50%
vs the sector median at left
Market Cap
$61.58B
Gross Margin
23.57%
TTM Avg
23.45%
3Y Avg
23.37%
5Y Avg
22.28%
Market Cap
$82.24B
Gross Margin
13.25%
TTM Avg
13.23%
3Y Avg
12.88%
5Y Avg
14.52%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Suncor Energy Inc. (SU) | $71.34B | 48.84% | 57.00% | 59.02% | 59.96% |
| EOG Resources, Inc. (EOG)vs › | $72.21B | 68.11% | 71.91% | 76.49% | 71.49% |
| Energy Transfer LP (ET)vs › | $69.74B | 24.11% | 20.38% | 18.28% | 19.90% |
| Kinder Morgan, Inc. (KMI)vs › | $68.92B | 43.66% | 40.16% | 35.59% | 35.99% |
| Slb N.V. (SLB)vs › | $75.16B | 16.53% | 19.38% | 19.24% | 17.32% |
| Eni S.p.A. (E)vs › | $77.80B | 9.89% | 11.21% | 14.28% | 13.96% |
| Baker Hughes Company (BKR)vs › | $61.58B | 23.57% | 23.45% | 23.37% | 22.28% |
| Phillips 66 (PSX)vs › | $81.97B | 9.78% | 4.16% | 5.87% | 4.46% |
| Enterprise Products Partners L.P. (EPD)vs › | $82.24B | 13.25% | 13.23% | 12.88% | 14.52% |
| Valero Energy Corporation (VLO)vs › | $86.14B | 11.33% | 4.02% | 6.61% | 4.66% |
Gross Margin
48.8%
(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 |
|---|---|
| 2026-03-31 | 48.84% |
| 2025-12-31 | 61.04% |
| 2025-09-30 | 60.29% |
| 2025-06-30 | 53.38% |
| 2025-03-31 | 61.47% |
| 2024-12-31 | 57.66% |
| 2024-09-30 | 59.01% |
| 2024-06-30 | 56.55% |
| 2024-03-31 | 61.49% |
| 2023-12-31 | 56.29% |
| 2023-09-30 | 59.58% |
| 2023-06-30 | 58.89% |
| 2023-03-31 | 62.57% |
| 2022-12-31 | 63.41% |
| 2022-09-30 | 56.13% |
| 2022-06-30 | 62.35% |
| 2022-03-31 | 64.59% |
| 2021-12-31 | 60.09% |
| 2021-09-30 | 58.02% |
| 2021-06-30 | 60.73% |
| 2021-03-31 | 65.61% |
| 2020-12-31 | 59.77% |
| 2020-09-30 | 58.07% |
| 2020-06-30 | 60.09% |
| 2020-03-31 | 50.70% |
| 2019-12-31 | 62.25% |
| 2019-09-30 | 61.33% |
| 2019-06-30 | 63.67% |
| 2019-03-31 | 66.83% |
| 2018-12-31 | 57.17% |
| 2018-09-30 | 60.55% |
| 2018-06-30 | 57.51% |
| 2018-03-31 | 64.74% |
| 2017-12-31 | 66.48% |
| 2017-09-30 | 60.87% |
| 2017-06-30 | 55.07% |
| 2017-03-31 | 64.25% |
| 2016-12-31 | 65.98% |
| 2016-09-30 | 59.98% |
| 2016-06-30 | 50.51% |
| 2016-03-31 | 58.75% |
| 2015-12-31 | 54.18% |
| 2015-09-30 | 54.94% |
| 2015-06-30 | 59.02% |
| 2015-03-31 | 58.42% |
| 2014-12-31 | 45.78% |
| 2014-09-30 | 52.09% |
| 2014-06-30 | 53.16% |
| 2014-03-31 | 61.51% |
| 2013-12-31 | 55.89% |
| 2013-09-30 | 52.67% |
| 2013-06-30 | 51.30% |
| 2013-03-31 | 56.23% |
| 2012-12-31 | 50.37% |
| 2012-09-30 | 54.69% |
| 2012-06-30 | 36.58% |
| 2012-03-31 | 48.68% |
| 2011-12-31 | 53.08% |
| 2011-09-30 | 50.00% |
| 2011-06-30 | 46.31% |
| 2011-03-31 | 59.71% |
| 2010-12-31 | 49.19% |
| 2010-09-30 | 52.39% |
| 2010-06-30 | 51.37% |
| 2010-03-31 | 47.83% |
| 2009-12-31 | 40.04% |
| 2009-09-30 | 37.70% |
| 2009-06-30 | 25.18% |
| 2009-03-31 | 78.22% |
| 2008-12-31 | 31.53% |
| 2008-09-30 | 30.84% |
| 2008-06-30 | 72.18% |
| 2008-03-31 | 41.64% |
| 2007-12-31 | 6.79% |
| 2007-09-30 | 57.98% |
| 2007-06-30 | 62.20% |
| 2007-03-31 | 28.72% |
| 2006-12-31 | 68.13% |
| 2006-09-30 | 59.01% |
| 2006-06-30 | 61.61% |
| 2006-03-31 | 66.43% |
| 2005-12-31 | 72.30% |
| 2005-09-30 | 50.87% |
| 2005-06-30 | 51.21% |
| 2005-03-31 | 51.08% |
| 2004-12-31 | 67.12% |
| 2004-09-30 | 64.90% |
| 2004-06-30 | 64.48% |
| 2004-03-31 | 68.59% |
| 2003-12-31 | 93.58% |
| 2003-09-30 | 67.04% |
| 2003-06-30 | 71.23% |
| 2003-03-31 | 70.90% |
| 2002-12-31 | 77.25% |
| 2002-09-30 | 75.25% |
| 2002-06-30 | 66.91% |
