Coterra Energy Inc. (CTRA) Gross Margin (2009 - 2026)

Coterra Energy's (CTRA) quarterly Gross Margin came in at 87.78% in Q1 2026, down 88.0% year-on-year from 731.49% in Q1 2025, and up 3.4% quarter-over-quarter from 84.89% in Q4 2025.

Coterra Energy Inc. (CTRA) Gross Margin (2009 - 2026) Analysis & Trends

Coterra Energy has disclosed Gross Margin across 18 years of filings, most recently posting 87.78% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 87.78%, down 88.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 86.38% (down 149.0% YoY), and the FY2025 annual result was 86.62%, down 133.0% from the prior year.
  • Gross Margin came in at 87.78% for Q1 2026 at Coterra Energy, up from 84.89% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 95.6% in Q2 2022 to a low of 84.33% in Q3 2025.
  • The 5-year median for Gross Margin is 89.11% (2024), against an average of 89.67%.
  • Across the five-year window, Gross Margin plunged 646 bps in 2023 and soared 58 bps in 2025, its largest moves.
  • Coterra Energy's Gross Margin stood at 94.08% in 2022, then dropped by 5 bps to 89.23% in 2023, then dropped by 2 bps to 87.76% in 2024, then fell by 3 bps to 84.89% in 2025, then gained by 3 bps to 87.78% in 2026.
  • The last three Gross Margin figures came in at 87.78% (Q1 2026), 84.89% (Q4 2025), and 84.33% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 85.25%
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 60.14%
4 Eog Resources 72.93 Bn 69.08 Bn - -
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 93.19%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 99.43%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 54.61%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 88.15%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 98.87%
10 CTRA 24.71 Bn 24.40 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 87.78%
Dec 31, 2025 84.89%
Sep 30, 2025 84.33%
Jun 30, 2025 87.99%
Mar 31, 2025 88.66%
Dec 31, 2024 87.76%
Sep 30, 2024 87.26%
Jun 30, 2024 87.41%
Mar 31, 2024 89.11%
Dec 31, 2023 89.23%
Sep 30, 2023 89.87%
Jun 30, 2023 89.14%
Mar 31, 2023 91.82%
Dec 31, 2022 94.08%
Sep 30, 2022 95.32%
Jun 30, 2022 95.60%
Mar 31, 2022 94.04%
Dec 31, 2021 94.70%
Sep 30, 2021 95.23%
Jun 30, 2021 95.06%