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Core LaboratoriesMEX:CLB 62 Gross Margin % is 13.10% as of Mar. 2026, which is 30% below its 10-year median of 18.63. GuruFocus rates MEX:CLB with a GF Score™ of 62/100 and a GF Value™ of MXN1,344.78. The stock has 3 warning signs investors should review. Among 869 Oil & Gas companies, Core Laboratories ranks worse than 63.41% on this metric.
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
Core Laboratories had a gross margin of 13.10% for the quarter that ended in Mar. 2026 => 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.
Core Laboratories Gross Margin % Related Terms
Core Laboratories Gross Margin % Historical Data
* Premium members only.
The historical data trend for Core Laboratories'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.
MEX:CLB vs EROK, OIS, NGS: Gross Margin % Comparison
For the Oil & Gas Equipment & Services subindustry, Core Laboratories'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.
Core Laboratories Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Core Laboratories's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Core Laboratories'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.
Core Laboratories (MEX:CLB) has a Gross Margin % of 13.10% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Core Laboratories and its competitors. This is 30% below median its historical median of 18.63. Over the past decade, Core Laboratories' Gross Margin % has ranged from 16.11 to 25.80. According to the industry distribution chart, Core Laboratories ranks #551 out of 869 companies in the Oil & Gas industry, placing it in the top 63.4%.
Is Core Laboratories' Gross Margin % too high?
Core Laboratories' current Gross Margin % of 13.10% is 30% below median its 10-year median of 18.63. Over the past 10 years, this metric has ranged from a low of 16.11 to a high of 25.80. The Oil & Gas industry median Gross Margin % is 25.78. Core Laboratories' value of 13.10% is 49.2% below this industry median. Based on the distribution chart, Core Laboratories ranks #551 out of 869 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Core Laboratories has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Core Laboratories' Gross Margin % compare to EROK and OIS?
According to the Oil & Gas industry distribution chart, Core Laboratories ranks #551 out of 869 companies for Gross Margin %. This places Core Laboratories in the lower half of its industry. The industry median Gross Margin % is 25.78. Core Laboratories' value of 13.10% is 49.2% below this benchmark. Historically, Core Laboratories' own Gross Margin % has ranged from 16.11 to 25.80 over the past decade. While the company's 10-year median is 18.63 vs. the industry median of 25.78, Core Laboratories 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. Core Laboratories's current Gross Margin % of 13.10% is 49.2% 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 Core Laboratories 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. Core Laboratories's current Gross Margin % is 13.10%, which is 30% below median its own 10-year median of 18.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core Laboratories stock overvalued right now?
Core Laboratories (MEX:CLB) has a current Gross Margin % of 13.10%. The stock's GF Value™ is MXN1,344.78, compared to a current price of MXN856.38 — trading 36.3% below its estimated fair value. The current Gross Margin % is 13.10%, which is 30% below median its 10-year median of 18.63 and 49.2% below the Oil & Gas industry median of 25.78. Core Laboratories' overall GF Score™ is 62/100 with 3 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 Core Laboratories (MEX:CLB), the current Gross Margin % is 13.10% 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 Core Laboratories (MEX:CLB) Overvalued in 2026?
Based on GuruFocus' analysis, Core Laboratories stock appears to be undervalued.
The current stock price of MXN856.38 is trading 36.3% below its estimated GF Value™ of MXN1,344.78.
Key valuation signals for MEX:CLB:
Gross Margin %: 13.10% (30% below median its 10-year median of 18.63)
GF Value™: MXN1,344.78 vs. price of MXN856.38 (36.3% below fair value)
Industry Position: 49.2% below the Oil & Gas median (#551 of 869)
No single metric tells the full story. See the MEX:CLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Core Laboratories Inc is a providers of proprietary and patented reservoir description and production enhancement services and products to the oil and gas industry, through client relationships. The company operates its business in two segments; Reservoir Description, and Production Enhancement. It provides data and analytics to aid well operators in determining optimal methods for recovering, processing, and refining hydrocarbons from a well. It also manufactures the associated lab equipment for its services. The company generates majority of its revenue from Reservoir Description segment.
62GF Score
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