Cmb.Tech (CMBT) Gross Margin (2013 - 2026)
Cmb.Tech's (CMBT) quarterly Gross Margin came in at 75.47% in Q1 2026, down 3.57% on a QoQ basis from 78.26% in Q4 2025.
Cmb.Tech (CMBT) Gross Margin (2013 - 2026) Analysis & Trends
Cmb.Tech (CMBT) has 14 years of Gross Margin data on file, last reported at 75.47% in Q1 2026.
- Quarterly Gross Margin changed N/A year-over-year to 75.47% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 62.92% (changed N/A YoY) and the FY2025 annual result came in at 99.46%, down 31.0% from the prior year.
- Gross Margin declined to 75.47% in Q1 2026, from 78.26% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 94.38% in Q4 2024 to a low of 14.0% in Q4 2023.
- A 5-year average of 62.76% and a median of 70.52% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin tumbled 7010 bps — and 2024, when it jumped 8039 bps.
- Tracing CMBT's Gross Margin over 5 years: stood at 84.1% in 2022, then sank by 83 bps to 14.0% in 2023, then surged by 574 bps to 94.38% in 2024, then retreated by 17 bps to 78.26% in 2025, then decreased by 4 bps to 75.47% in 2026.
- The last three Gross Margin figures came in at 75.47% (Q1 2026), 78.26% (Q4 2025), and 35.64% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 68.62% |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | - |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 95.91% |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 23.30% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 82.28% |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 92.34% |
| 10 | Cmb.Tech | 4.00 Bn | 3.80 Bn | 518.22 Mn | 99.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.47% |
| Dec 31, 2025 | 78.26% |
| Sep 30, 2025 | 35.64% |
| Jun 30, 2025 | 54.75% |
| Dec 31, 2024 | 94.38% |
| Sep 30, 2024 | 78.90% |
| Jun 30, 2024 | 60.31% |
| Mar 31, 2024 | 79.42% |
| Dec 31, 2023 | 14.00% |
| Sep 30, 2023 | 37.68% |
| Jun 30, 2023 | 66.10% |
| Mar 31, 2023 | 83.50% |
| Dec 31, 2022 | 84.10% |
| Sep 30, 2022 | 74.93% |
| Jun 30, 2022 | 31.72% |
| Mar 31, 2022 | 54.92% |
| Dec 31, 2021 | 87.72% |
| Sep 30, 2021 | 82.46% |
| Jun 30, 2021 | -16.91% |
| Mar 31, 2021 | 46.45% |