Harbour EnergyHBRIY -0.81%79 Gross Margin % is 41.53% as of Dec. 2025, which is 7% above its 10-year median of 38.69. GuruFocus rates HBRIY with a GF Score™ of 79/100 and a GF Value™ of $4.38 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 867 Oil & Gas companies, Harbour Energy ranks better than 73.82% on this metric.
The historical rank and industry rank for Harbour Energy's Gross Margin % or its related term are showing as below:
HBRIY'
s Gross Margin % Range Over the Past 10 Years
Min: 23.47 Med: 38.69 Max: 47.22
Current: 44.84
During the past 6 years, the highestGross Margin % of Harbour Energy was 47.22%. The lowest was 23.47%. And the median was 38.69%.
HBRIY's Gross Margin % is ranked better than 73.82% of 867
companies
in the Oil & Gas industry
Industry Median: 25.7
vs HBRIY: 44.84
Harbour Energy had a gross margin of 41.53% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Harbour Energy was 12.10% per year.
Harbour Energy (OTCPK:HBRIY) 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
Harbour Energy had a gross margin of 41.53% for the quarter that ended in Dec. 2025 => Durable 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.
Harbour Energy Gross Margin % Related Terms
Harbour Energy Gross Margin % Historical Data
* Premium members only.
The historical data trend for Harbour Energy'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.
For the Oil & Gas E&P subindustry, Harbour Energy'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.
Harbour Energy Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Harbour Energy's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Harbour Energy'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.
Harbour Energy (HBRIY) has a Gross Margin % of 41.53% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Harbour Energy and its competitors. This is near median its historical median of 38.69. Over the past decade, Harbour Energy's Gross Margin % has ranged from 23.47 to 47.22. According to the industry distribution chart, Harbour Energy ranks #227 out of 867 companies in the Oil & Gas industry, placing it in the top 26.2%.
Is Harbour Energy's Gross Margin % too high?
Harbour Energy's current Gross Margin % of 41.53% is near median its 10-year median of 38.69. Over the past 10 years, this metric has ranged from a low of 23.47 to a high of 47.22. The Oil & Gas industry median Gross Margin % is 25.70. Harbour Energy's value of 41.53% is 61.6% above this industry median. Based on the distribution chart, Harbour Energy ranks #227 out of 867 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Harbour Energy has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Harbour Energy's Gross Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Harbour Energy ranks #227 out of 867 companies for Gross Margin %. This puts Harbour Energy in the upper half of its industry. The industry median Gross Margin % is 25.70. Harbour Energy's value of 41.53% is 61.6% above this benchmark. Historically, Harbour Energy's own Gross Margin % has ranged from 23.47 to 47.22 over the past decade. While the company's 10-year median is 38.69 vs. the industry median of 25.70, Harbour Energy has consistently been above 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. Harbour Energy's current Gross Margin % of 41.53% is 61.6% above 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 Harbour Energy 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. Harbour Energy's current Gross Margin % is 41.53%, which is near median its own 10-year median of 38.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbour Energy stock overvalued right now?
Based on GuruFocus' analysis, Harbour Energy (HBRIY) is currently considered Possible Value Trap. The stock's GF Value™ is $4.38, compared to a current price of $3.06 — trading 30.2% below its estimated fair value. The current Gross Margin % is 41.53%, which is near median its 10-year median of 38.69 and 61.6% above the Oil & Gas industry median of 25.70. Harbour Energy's overall GF Score™ is 79/100 with 6 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 Harbour Energy (HBRIY), the current Gross Margin % is 41.53% 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.
Is Harbour Energy (HBRIY) Overvalued in 2026?
Based on GuruFocus' analysis, Harbour Energy stock appears to be undervalued.
The current stock price of $3.06 is trading 30.2% below its estimated GF Value™ of $4.38.
GuruFocus considers Harbour Energy to be Possible Value Trap.
Key valuation signals for HBRIY:
Gross Margin %: 41.53% (near median its 10-year median of 38.69)
GF Value™: $4.38 vs. price of $3.06 (30.2% below fair value)
Industry Position: 61.6% above the Oil & Gas median (#227 of 867)
No single metric tells the full story. See the HBRIY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harbour Energy PLC is an independent upstream oil and gas company engaged in the acquisition, exploration, development, and production of oil and natural gas reserves. The operating segments are divided geographically and managed across nine business units: namely Norway, UK, Germany, Mexico, Argentina, North Africa, Southeast Asia, CCS and Corporate. The CCS segment includes Denmark. The majority of the company's revenue is derived from the sale of crude oil in Norway.
79GF Score
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