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 47.83% is 17% below its 3-year average of 57.78%, around the middle of its 3-year range (34.99%–70.63%).
0.44% above its 12-month average of 47.62%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 57.34%.
GROSS MARGIN
47.83%
GROSS MARGIN AVG TTM
47.62%
GROSS MARGIN AVG 3Y
57.78%
GROSS MARGIN AVG 5Y
N/A
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.44%
CURRENT VS 3Y AVG
-17.21%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
30.57%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+56.46%
vs the sector median at left
Market Cap
$27.80B
Gross Margin
39.62%
TTM Avg
41.63%
3Y Avg
38.76%
5Y Avg
36.57%
Market Cap
$25.46B
Gross Margin
85.46%
TTM Avg
87.68%
3Y Avg
90.69%
5Y Avg
90.91%
Market Cap
$21.95B
Gross Margin
46.51%
TTM Avg
36.77%
3Y Avg
52.41%
5Y Avg
42.45%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Venture Global, Inc. (VG) | $38.58B | 47.83% | 47.62% | 57.78% | N/A |
| Cameco Corporation (CCJ)vs › | $42.11B | 27.91% | 30.32% | 25.84% | 20.67% |
| EQT Corporation (EQT)vs › | $33.82B | 48.86% | 31.77% | 37.13% | 38.84% |
| Tenaris S.A. (TS)vs › | $30.79B | 33.90% | 34.72% | 37.72% | 33.46% |
| Halliburton Company (HAL)vs › | $29.94B | 15.11% | 17.23% | 17.34% | 14.96% |
| Pembina Pipeline Corporation (PBA)vs › | $27.80B | 39.62% | 41.63% | 38.76% | 36.57% |
| Texas Pacific Land Corporation (TPL)vs › | $25.46B | 85.46% | 87.68% | 90.69% | 90.91% |
| First Solar, Inc. (FSLR)vs › | $22.46B | 44.02% | 42.39% | 31.66% | 29.45% |
| Expand Energy Corporation (EXE)vs › | $21.95B | 46.51% | 36.77% | 52.41% | 42.45% |
| Devon Energy Corporation (DVN)vs › | $55.25B | 25.55% | 27.55% | 33.48% | 28.70% |
Gross Margin
47.8%
(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 | 57.34% |
| 2026-03-31 | 34.99% |
| 2025-12-31 | 48.39% |
| 2025-09-30 | 51.76% |
| 2025-06-30 | 45.63% |
| 2025-03-31 | 55.94% |
| 2024-12-31 | 66.73% |
| 2024-09-30 | 70.63% |
| 2024-03-31 | 66.61% |
| 2024-03-31 | 69.24% |
| 2023-12-31 | 65.81% |
| 2023-09-30 | 60.25% |
