TotalEnergies SE (TTE) Gross Margin (2009 - 2026)
TotalEnergies SE (TTE) reported Gross Margin of 49.51% for Q1 2026, up 18.85% quarter-over-quarter from 41.66% in Q4 2025.
TotalEnergies SE (TTE) Gross Margin (2009 - 2026) Analysis & Trends
TotalEnergies SE has reported Gross Margin for 18 years, with the latest figure at 49.51% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin changed N/A year-over-year to 49.51%; the trailing twelve-month figure through Mar 2026 stood at 40.49% (changed N/A YoY), and the FY2025 full-year result was 35.98%, up 124.0% from the prior year.
- Gross Margin for Q1 2026 stood at 49.51%, up from 41.66% in the prior quarter.
- The five-year high for Gross Margin was 100.0% in Q1 2023, with the low at 32.16% in Q4 2023.
- Historically, Gross Margin has averaged 46.22% across 5 years, with a median of 36.81% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin soared 6591 bps — and 2024, when it sank 6511 bps.
- TotalEnergies SE's Gross Margin stood at 35.65% in 2022, then declined by 10 bps to 32.16% in 2023, then climbed by 11 bps to 35.6% in 2024, then rose by 17 bps to 41.66% in 2025, then climbed by 19 bps to 49.51% in 2026.
- The last three Gross Margin figures came in at 49.51% (Q1 2026), 41.66% (Q4 2025), and 37.98% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | 48.18% |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | - |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 49.51% |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 41.85% |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 71.73% |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | - |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 66.17% |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.51% |
| Dec 31, 2025 | 41.66% |
| Sep 30, 2025 | 37.98% |
| Dec 31, 2024 | 35.60% |
| Sep 30, 2024 | 33.74% |
| Mar 31, 2024 | 34.89% |
| Dec 31, 2023 | 32.16% |
| Sep 30, 2023 | 38.11% |
| Jun 30, 2023 | 34.29% |
| Mar 31, 2023 | 100.00% |
| Dec 31, 2022 | 35.65% |
| Sep 30, 2022 | 100.00% |
| Jun 30, 2022 | 35.49% |
| Mar 31, 2022 | 38.00% |
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 34.09% |
| Jun 30, 2021 | 35.82% |
| Mar 31, 2021 | 39.44% |
| Dec 31, 2020 | 36.60% |
| Sep 30, 2020 | 37.96% |