Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Okea ASAOSL:OKEA +0.44%70 Gross Margin % is 47.65% as of Jun. 2026, which is 10% above its 10-year median of 43.34. GuruFocus rates OSL:OKEA with a GF Score™ of 70/100 and a GF Value™ of kr22.13 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 870 Oil & Gas companies, Okea ASA ranks better than 64.14% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Okea ASA's Gross Profit for the
three
months ended in Jun. 2026 was kr1,430 Mil. Okea ASA's Revenue for the
three
months ended in Jun. 2026 was kr3,001 Mil. Therefore, Okea ASA's Gross Margin % for the quarter that ended in Jun. 2026 was 47.65%.
The historical rank and industry rank for Okea ASA's Gross Margin % or its related term are showing as below:
OSL:OKEA'
s Gross Margin % Range Over the Past 10 Years
Min: 16.57 Med: 43.34 Max: 67.35
Current: 35.68
During the past 11 years, the highestGross Margin % of Okea ASA was 67.35%. The lowest was 16.57%. And the median was 43.34%.
OSL:OKEA's Gross Margin % is ranked better than 64.14% of 870
companies
in the Oil & Gas industry
Industry Median: 26.115
vs OSL:OKEA: 35.68
Okea ASA had a gross margin of 47.65% for the quarter that ended in Jun. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Okea ASA was 6.40% per year.
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
Okea ASA had a gross margin of 47.65% for the quarter that ended in Jun. 2026 => 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.
Okea ASA Gross Margin % Related Terms
Okea ASA Gross Margin % Historical Data
* Premium members only.
The historical data trend for Okea ASA'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.
OSL:OKEA vs COP, EOG, FANG: Gross Margin % Comparison
For the Oil & Gas E&P subindustry, Okea ASA'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.
Okea ASA Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Okea ASA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Okea ASA'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.
Okea ASA (OSL:OKEA) has a Gross Margin % of 47.65% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Okea ASA and its competitors. This is 10% above median its historical median of 43.34. Over the past decade, Okea ASA's Gross Margin % has ranged from 16.57 to 67.35. According to the industry distribution chart, Okea ASA ranks #312 out of 870 companies in the Oil & Gas industry, placing it in the top 35.9%.
Is Okea ASA's Gross Margin % too high?
Okea ASA's current Gross Margin % of 47.65% is 10% above median its 10-year median of 43.34. Over the past 10 years, this metric has ranged from a low of 16.57 to a high of 67.35. The Oil & Gas industry median Gross Margin % is 26.12. Okea ASA's value of 47.65% is 82.5% above this industry median. Based on the distribution chart, Okea ASA ranks #312 out of 870 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Okea ASA has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okea ASA's Gross Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Okea ASA ranks #312 out of 870 companies for Gross Margin %. This puts Okea ASA in the upper half of its industry. The industry median Gross Margin % is 26.12. Okea ASA's value of 47.65% is 82.5% above this benchmark. Historically, Okea ASA's own Gross Margin % has ranged from 16.57 to 67.35 over the past decade. While the company's 10-year median is 43.34 vs. the industry median of 26.12, Okea ASA 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 26.12, based on 870 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. Okea ASA's current Gross Margin % of 47.65% is 82.5% 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 Okea ASA and its competitors. For the Oil & Gas industry, the median Gross Margin % is 26.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okea ASA's current Gross Margin % is 47.65%, which is 10% above median its own 10-year median of 43.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okea ASA stock overvalued right now?
Based on GuruFocus' analysis, Okea ASA (OSL:OKEA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr22.13, compared to a current price of kr33.95 — trading 53.4% above its estimated fair value. The current Gross Margin % is 47.65%, which is 10% above median its 10-year median of 43.34 and 82.5% above the Oil & Gas industry median of 26.12. Okea ASA's overall GF Score™ is 70/100 with 2 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 Okea ASA (OSL:OKEA), the current Gross Margin % is 47.65% as of Jun. 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 Okea ASA (OSL:OKEA) Overvalued in 2026?
Based on GuruFocus' analysis, Okea ASA stock appears to be overvalued.
The current stock price of kr33.95 is trading 53.4% above its estimated GF Value™ of kr22.13.
GuruFocus considers Okea ASA to be Significantly Overvalued.
Key valuation signals for OSL:OKEA:
Gross Margin %: 47.65% (10% above median its 10-year median of 43.34)
GF Value™: kr22.13 vs. price of kr33.95 (53.4% above fair value)
Industry Position: 82.5% above the Oil & Gas median (#312 of 870)
No single metric tells the full story. See the OSL:OKEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okea ASA is an oil and gas company operating on the Norwegian continental shelf. The company's asset portfolio includes fields it operates as well as interests in other producing fields and exploration licences. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. The operations of the company include Draugen Field, Gjoa Field, Ivar Aasen, and others. The company generates the majority of its revenue from the sale of crude.
70GF Score
Get the complete analysis for OSL:OKEA
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSL:OKEA has been successfully added to your 
