Empire Petroleum (EP) Gross Margin (2018 - 2026)
Empire Petroleum's Gross Margin came in at 53.89% for Q2 2026, up 21.41 percentage points from 32.48% a year earlier.
Empire Petroleum (EP) Gross Margin (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Empire Petroleum reported Gross Margin of 36.51%, down 12.71 percentage points year-over-year; for FY2025, it came in at 32.66%, down 17.80 percentage points from FY2024.
- Gross Margin carries a five-year change of -4.30 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 50.46% in FY2024 (+21.88 pp), 28.57% in FY2023 (-27.07 pp), 55.65% in FY2022 (+3.94 pp) and 51.70% in FY2021 (+14.74 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q3 2024.
- Year-over-year, Gross Margin increased in 1 of the last four quarters, with an average year-over-year change of -9.63 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2021 (a gain of 47.79 percentage points), and the weakest in Q4 2025 (a drop of 37.74 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 31.83% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 47.75% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 65.62% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 16.10% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | - |
| 10 | Empire Petroleum | 86.85 Mn | 75.65 Mn | 5.12 Mn | 53.89% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.89% |
| Dec 31, 2025 | 9.76% |
| Sep 30, 2025 | 42.79% |
| Jun 30, 2025 | 32.48% |
| Dec 31, 2024 | 47.50% |
| Sep 30, 2024 | 56.39% |
| Jun 30, 2024 | 41.06% |
| Mar 31, 2024 | 27.82% |
| Jun 30, 2023 | 27.25% |
| Mar 31, 2023 | 35.44% |
| Dec 31, 2022 | 60.12% |
| Sep 30, 2022 | 39.41% |
| Jun 30, 2022 | 64.93% |
| Mar 31, 2022 | 63.47% |
| Dec 31, 2021 | 43.76% |
| Sep 30, 2021 | 64.37% |
| Jun 30, 2021 | 50.99% |
| Mar 31, 2021 | 32.43% |
| Dec 31, 2020 | 21.15% |
| Sep 30, 2020 | 16.58% |
Empire Petroleum Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=EP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "EP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=EP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();