Seapeak (SEAL-PA) Gross Margin (2009 - 2026)
Seapeak's Gross Margin came in at 99.51% for Q2 2026, up 0.56 percentage points from 98.95% a year earlier and up 1.27 percentage points from the prior quarter.
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Analysis
Seapeak (SEAL-PA) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Seapeak reported Gross Margin of 98.65%, up 0.60 percentage points year-over-year; for FY2025, it was 98.10%, down 0.27 percentage points from FY2024.
- Gross Margin carries a five-year change of +1.05 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 98.37% in FY2024 (+1.32 pp), 97.05% in FY2023 (+2.59 pp), 94.46% in FY2022 (-0.83 pp) and 95.28% in FY2021 (-1.77 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q4 2016.
- Year-over-year, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of +0.41 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2023 (a gain of 6.17 percentage points), and the weakest in Q3 2022 (a drop of 4.20 percentage points).
- Business Quant data shows SEAL-PA's Gross Margin at 98.24% (Q1 2026), 98.85% (Q4 2025) and 98.00% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | - |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | - |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | - |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | - |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | - |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | - |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | - |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | - |
| 10 | Seapeak | 2.21 Bn | 1.86 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% |
API Access
Seapeak 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=SEAL-PA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SEAL-PA", "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=SEAL-PA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();