Seapeak (SEAL-PA) Gross Margin (2009 - 2026)
Seapeak's (SEAL-PA) quarterly Gross Margin came in at 99.51% in Q2 2026, up 56.0% on a YoY basis from 63.79% in Q2 2025, and up 1.29% quarter-over-quarter from 98.24% in Q1 2026.
Analysis
Seapeak (SEAL-PA) Gross Margin (2009 - 2026) Analysis & Trends
Seapeak (SEAL-PA) has reported Gross Margin for 18 consecutive years, with 99.51% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 56.0% year-over-year to 99.51%; the trailing twelve-month figure through Jun 2026 stood at 98.65% (up 60.0% YoY), and the FY2025 full-year result was 98.1%, down 27.0% from the prior year.
- Gross Margin climbed to 99.51% in Q2 2026 per SEAL-PA's latest filing, from 98.24% in the prior quarter.
- Across five years, Gross Margin topped out at 99.51% in Q2 2026 and bottomed at 90.88% in Q3 2022.
- Historically, Gross Margin has averaged 97.19% across 5 years, with a median of 97.85% in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 420 bps in 2022, then jumped 617 bps in 2023.
- Over 5 years, Gross Margin stood at 95.89% in 2022, then gained by 2 bps to 97.34% in 2023, then rose by 1 bps to 98.18% in 2024, then gained by 1 bps to 98.85% in 2025, then gained by 1 bps to 99.51% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 99.51%, 98.24%, and 98.85% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 31.53% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 99.97% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 45.71% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 79.33% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 84.14% |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 83.88% |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 98.37% |
| 10 | Seapeak | 2.24 Bn | 2.18 Bn | 152.57 Mn | 99.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.51% |
| Mar 31, 2026 | 98.24% |
| Dec 31, 2025 | 98.85% |
| Sep 30, 2025 | 98.00% |
| Jun 30, 2025 | 98.95% |
| Mar 31, 2025 | 96.64% |
| Dec 31, 2024 | 98.18% |
| Sep 30, 2024 | 98.39% |
| Jun 30, 2024 | 98.80% |
| Mar 31, 2024 | 98.11% |
| Dec 31, 2023 | 97.34% |
| Sep 30, 2023 | 97.05% |
| Jun 30, 2023 | 97.69% |
| Mar 31, 2023 | 96.12% |
| Dec 31, 2022 | 95.89% |
| Sep 30, 2022 | 90.88% |
| Jun 30, 2022 | 95.21% |
| Mar 31, 2022 | 95.54% |
| Dec 31, 2021 | 95.04% |
| Sep 30, 2021 | 95.07% |