Mexco Energy (MXC) Gross Margin (2020 - 2026)
Mexco Energy (MXC) posted Gross Margin of 78.39% for Q1 2026, little changed sequentially from 78.14% in Q4 2025, and down 502.0% YoY from 19.5% in Q1 2025.
Mexco Energy (MXC) Gross Margin (2020 - 2026) Analysis & Trends
Mexco Energy has reported Gross Margin for 7 years, with the latest figure at 78.39% in Q1 2026.
- Quarterly Gross Margin fell 502.0% year-over-year to 78.39% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 78.23% (up 71.0% YoY) and the FY2026 annual result came in at 78.03%, down 85.0% from the prior year.
- Gross Margin was little changed at 78.39% in Q1 2026 per MXC's latest filing, from 78.14% in the prior quarter.
- Over five years, Gross Margin peaked at 83.41% in Q1 2025 and troughed at 72.08% in Q3 2023.
- A 5-year average of 78.84% and a median of 78.62% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 527 bps in 2022, then slumped 1095 bps in 2023.
- Over 5 years, Gross Margin stood at 81.46% in 2022, then dropped by 7 bps to 75.79% in 2023, then declined by 0 bps to 75.66% in 2024, then gained by 3 bps to 78.14% in 2025, then advanced by 0 bps to 78.39% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 78.39%, 78.14%, and 78.72% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 85.63% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 81.22% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 91.41% |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 95.88% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 78.73% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Mexco Energy | 20.21 Mn | 17.44 Mn | 1.28 Mn | 78.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 78.39% |
| Dec 31, 2025 | 78.14% |
| Sep 30, 2025 | 78.72% |
| Jun 30, 2025 | 77.69% |
| Mar 31, 2025 | 83.41% |
| Dec 31, 2024 | 75.66% |
| Sep 30, 2024 | 76.37% |
| Jun 30, 2024 | 74.68% |
| Mar 31, 2024 | 78.62% |
| Dec 31, 2023 | 75.79% |
| Sep 30, 2023 | 72.08% |
| Jun 30, 2023 | 80.02% |
| Mar 31, 2023 | 81.30% |
| Dec 31, 2022 | 81.46% |
| Sep 30, 2022 | 83.03% |
| Jun 30, 2022 | 82.24% |
| Mar 31, 2022 | 82.64% |
| Dec 31, 2021 | 81.76% |
| Sep 30, 2021 | 78.40% |
| Jun 30, 2021 | 78.09% |