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Blue Dolphin Energy CoBDCO -1.69%44 Gross Margin % is 25.15% as of Mar. 2026, which is 798% above its 10-year median of 2.80. GuruFocus rates BDCO with a GF Score™ of 44/100 and a GF Value™ of $2.34 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 869 Oil & Gas companies, Blue Dolphin Energy Co ranks worse than 81.36% on this metric.
BDCO's Gross Margin % is ranked worse than 81.36% of 869
companies
in the Oil & Gas industry
Industry Median: 25.78
vs BDCO: 8.26
Blue Dolphin Energy Co had a gross margin of 25.15% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Blue Dolphin Energy Co was 0.00% per year.
Blue Dolphin Energy Co (OTCPK:BDCO) 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
Blue Dolphin Energy Co had a gross margin of 25.15% for the quarter that ended in Mar. 2026 => Competition eroding margins
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.
Blue Dolphin Energy Co Gross Margin % Related Terms
Blue Dolphin Energy Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Blue Dolphin Energy Co'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.
BDCO vs HEOL, DLXY, VLO: Gross Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, Blue Dolphin Energy Co'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.
Blue Dolphin Energy Co Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Blue Dolphin Energy Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Blue Dolphin Energy Co'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.
Blue Dolphin Energy Co (BDCO) has a Gross Margin % of 25.15% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Blue Dolphin Energy Co and its competitors. This is 798% above median its historical median of 2.80. According to the industry distribution chart, Blue Dolphin Energy Co ranks #707 out of 869 companies in the Oil & Gas industry, placing it in the top 81.4%.
Is Blue Dolphin Energy Co's Gross Margin % too high?
Blue Dolphin Energy Co's current Gross Margin % of 25.15% is 798% above median its 10-year median of 2.80. The Oil & Gas industry median Gross Margin % is 25.78. Blue Dolphin Energy Co's value of 25.15% is 2.4% below this industry median. Based on the distribution chart, Blue Dolphin Energy Co ranks #707 out of 869 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Blue Dolphin Energy Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blue Dolphin Energy Co's Gross Margin % compare to HEOL and DLXY?
According to the Oil & Gas industry distribution chart, Blue Dolphin Energy Co ranks #707 out of 869 companies for Gross Margin %. This places Blue Dolphin Energy Co in the lower half of its industry. The industry median Gross Margin % is 25.78. Blue Dolphin Energy Co's value of 25.15% is 2.4% below this benchmark. While the company's 10-year median is 2.80 vs. the industry median of 25.78, Blue Dolphin Energy Co 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 25.78, based on 869 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. Blue Dolphin Energy Co's current Gross Margin % of 25.15% is 2.4% 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 Blue Dolphin Energy Co and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Dolphin Energy Co's current Gross Margin % is 25.15%, which is 798% above median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Dolphin Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Blue Dolphin Energy Co (BDCO) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.34, compared to a current price of $3.83 — trading 63.8% above its estimated fair value. The current Gross Margin % is 25.15%, which is 798% above median its 10-year median of 2.80 and 2.4% below the Oil & Gas industry median of 25.78. Blue Dolphin Energy Co's overall GF Score™ is 44/100 with 5 warning signs to review. 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 Blue Dolphin Energy Co (BDCO), the current Gross Margin % is 25.15% as of Mar. 2026. 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.
Is Blue Dolphin Energy Co (BDCO) Overvalued in 2026?
Based on GuruFocus' analysis, Blue Dolphin Energy Co stock appears to be overvalued.
The current stock price of $3.83 is trading 63.8% above its estimated GF Value™ of $2.34.
GuruFocus considers Blue Dolphin Energy Co to be Significantly Overvalued.
Key valuation signals for BDCO:
Gross Margin %: 25.15% (798% above median its 10-year median of 2.80)
GF Value™: $2.34 vs. price of $3.83 (63.8% above fair value)
Industry Position: 2.4% below the Oil & Gas median (#707 of 869)
No single metric tells the full story. See the BDCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blue Dolphin Energy Co is an independent downstream energy company operating in the Gulf Coast region of the U.S. Operations consist of a light sweet-crude, bpd crude distillation tower, and petroleum storage tank capacity in Nixon, Texas. It operates in two segments Refinery operations, which derives revenue from refined product sales, and Tolling and Terminaling, which derives revenue from storage tank rental fees, ancillary services fees (such as for in-tank blending) and tolling and reservation fees for use of the naphtha stabilizer at the Nixon refinery. Majority of the revenue is derived form Refinery operations segment.
44GF Score
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