Bass OilASX:BAS -5.88% Gross Margin % is 1.18% as of Dec. 2025, which is 97% below its 10-year median of 36.83. The stock has 2 warning signs investors should review. Among 867 Oil & Gas companies, Bass Oil ranks better than 53.06% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Bass Oil's Gross Profit for the
six
months ended in Dec. 2025 was A$0.02 Mil. Bass Oil's Revenue for the
six
months ended in Dec. 2025 was A$1.44 Mil. Therefore, Bass Oil's Gross Margin % for the quarter that ended in Dec. 2025 was 1.18%.
The historical rank and industry rank for Bass Oil's Gross Margin % or its related term are showing as below:
ASX:BAS'
s Gross Margin % Range Over the Past 10 Years
Min: 20.62 Med: 36.83 Max: 52.8
Current: 28.46
During the past 13 years, the highestGross Margin % of Bass Oil was 52.80%. The lowest was 20.62%. And the median was 36.83%.
ASX:BAS's Gross Margin % is ranked better than 53.06% of 867
companies
in the Oil & Gas industry
Industry Median: 25.7
vs ASX:BAS: 28.46
Bass Oil had a gross margin of 1.18% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Bass Oil was 1.80% per year.
Bass Oil (ASX:BAS) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Bass Oil had a gross margin of 1.18% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Bass Oil Gross Margin % Related Terms
Bass Oil Gross Margin % Historical Data
* Premium members only.
The historical data trend for Bass Oil's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:BAS vs COP, EOG, OXY: Gross Margin % Comparison
For the Oil & Gas E&P subindustry, Bass Oil's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bass Oil Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Bass Oil's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bass Oil's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Bass Oil (ASX:BAS) has a Gross Margin % of 1.18% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Bass Oil and its competitors. This is 97% below median its historical median of 36.83. Over the past decade, Bass Oil's Gross Margin % has ranged from 20.62 to 52.80. According to the industry distribution chart, Bass Oil ranks #407 out of 867 companies in the Oil & Gas industry, placing it in the top 46.9%.
Is Bass Oil's Gross Margin % too high?
Bass Oil's current Gross Margin % of 1.18% is 97% below median its 10-year median of 36.83. Over the past 10 years, this metric has ranged from a low of 20.62 to a high of 52.80. The Oil & Gas industry median Gross Margin % is 25.70. Bass Oil's value of 1.18% is 95.4% below this industry median. Based on the distribution chart, Bass Oil ranks #407 out of 867 companies in the Oil & Gas industry, which is above the industry midpoint.
How does Bass Oil's Gross Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Bass Oil ranks #407 out of 867 companies for Gross Margin %. This puts Bass Oil in the upper half of its industry. The industry median Gross Margin % is 25.70. Bass Oil's value of 1.18% is 95.4% below this benchmark. Historically, Bass Oil's own Gross Margin % has ranged from 20.62 to 52.80 over the past decade. While the company's 10-year median is 36.83 vs. the industry median of 25.70, Bass Oil has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bass Oil's current Gross Margin % of 1.18% is 95.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Bass Oil and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bass Oil's current Gross Margin % is 1.18%, which is 97% below median its own 10-year median of 36.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bass Oil stock overvalued right now?
Based on GuruFocus' analysis, Bass Oil (ASX:BAS) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.05 — trading 20% above its estimated fair value. The current Gross Margin % is 1.18%, which is 97% below median its 10-year median of 36.83 and 95.4% below the Oil & Gas industry median of 25.70. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Bass Oil (ASX:BAS), the current Gross Margin % is 1.18% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Bass Oil Ltd is engaged in oil production from owned oil-producing assets in the Cooper Basin, South Australia, and in the Tangai-Sukananti licence in the prolific South Sumatra Basin, Indonesia. It has two geographic segments, Australia and Indonesia, for the exploration, development, and production of oil and gas. The company generates the majority of its revenue from the Australia segment.
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