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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Northern Oil & Gas (NOG) Gross Margin (2016 - 2025)

Northern Oil & Gas has reported Gross Margin over the past 15 years, most recently at 80.35% for Q4 2025.

  • Quarterly results put Gross Margin at 80.35% for Q4 2025, up 4158.0% from a year ago — trailing twelve months through Dec 2025 was 87.64% (up 1109.0% YoY), and the annual figure for FY2025 was 80.87%, up 18.0%.
  • Gross Margin for Q4 2025 was 80.35% at Northern Oil & Gas, down from 94.85% in the prior quarter.
  • Over the last five years, Gross Margin for NOG hit a ceiling of 94.85% in Q3 2025 and a floor of 65.62% in Q1 2022.
  • Median Gross Margin over the past 5 years was 85.1% (2021), compared with a mean of 72.84%.
  • Biggest five-year swings in Gross Margin: plummeted -10275bps in 2022 and later skyrocketed 15963bps in 2023.
  • Northern Oil & Gas' Gross Margin stood at 62.74% in 2021, then grew by 28bps to 80.29% in 2022, then fell by -12bps to 70.66% in 2023, then crashed by -45bps to 38.77% in 2024, then soared by 107bps to 80.35% in 2025.
  • The last three reported values for Gross Margin were 80.35% (Q4 2025), 94.85% (Q3 2025), and 82.82% (Q2 2025) per Business Quant data.