Evolution Petroleum (EPM) Gross Margin (2013 - 2026)
Evolution Petroleum (EPM) posted Gross Margin of 35.74% for Q1 2026, down 19.38% on a QoQ basis from 44.34% in Q4 2025, and down 491.0% year-over-year from 9.14% in Q1 2025.
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Evolution Petroleum (EPM) Gross Margin (2013 - 2026) Analysis & Trends
Evolution Petroleum has reported Gross Margin for 12 years, with the latest figure at 35.74% in Q1 2026.
- On a quarterly basis, Gross Margin fell 491.0% year-over-year to 35.74% in Q1 2026; TTM through Mar 2026 was 41.23%, a 133.0% decrease from a year earlier, with the FY2025 full-year figure at 42.52%, down 126.0% from the prior year.
- Gross Margin was 35.74% for Q1 2026 at Evolution Petroleum, down from 44.34% in the prior quarter.
- The five-year high for Gross Margin was 63.19% in Q1 2023, with the low at 34.97% in Q2 2023.
- Average Gross Margin over 5 years is 45.93%, with a median of 45.17% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin surged 1418 bps in 2022, then slumped 2391 bps in 2023.
- Over 5 years, Gross Margin stood at 55.34% in 2022, then decreased by 26 bps to 41.22% in 2023, then decreased by 10 bps to 36.9% in 2024, then rose by 20 bps to 44.34% in 2025, then decreased by 19 bps to 35.74% in 2026.
- The last three Gross Margin figures came in at 35.74% (Q1 2026), 44.34% (Q4 2025), and 38.52% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Viper Energy | 15.81 Bn | 20.98 Bn | - | - |
| 2 | Black Stone Minerals | 3.12 Bn | 3.11 Bn | - | - |
| 3 | Natural Resource Partners | 1.51 Bn | 1.48 Bn | 47.24 Mn | 89.18% |
| 4 | Kimbell Royalty Partners | 1.50 Bn | 1.46 Bn | - | - |
| 5 | Dorchester Minerals | 1.43 Bn | 1.36 Bn | - | - |
| 6 | Evolution Petroleum | 131.82 Mn | 126.78 Mn | 7.21 Mn | 35.74% |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - | - |
| 8 | Mentor Capital | 827,678.86 | 91,860.86 | 65,595.00 | 100.00% |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 | 100.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 35.74% |
| Dec 31, 2025 | 44.34% |
| Sep 30, 2025 | 38.52% |
| Jun 30, 2025 | 46.15% |
| Mar 31, 2025 | 40.66% |
| Dec 31, 2024 | 36.90% |
| Sep 30, 2024 | 46.15% |
| Jun 30, 2024 | 46.26% |
| Mar 31, 2024 | 45.17% |
| Dec 31, 2023 | 41.22% |
| Sep 30, 2023 | 42.32% |
| Jun 30, 2023 | 34.97% |
| Mar 31, 2023 | 63.19% |
| Dec 31, 2022 | 55.34% |
| Sep 30, 2022 | 51.97% |
| Jun 30, 2022 | 58.88% |
| Mar 31, 2022 | 52.96% |
| Dec 31, 2021 | 52.23% |
| Sep 30, 2021 | 54.31% |
| Jun 30, 2021 | 44.70% |