Gibson Energy (TSX:GEI) Gross Margin %: 2.38% (As of Mar. 2026) — 43% Below Median


TSX:GEI Gibson Energy Inc TSX:GEI
73 GF Score
Price C$28.73
GF Value C$20.22
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Gibson Energy Gross Margin %?

Gibson Energy TSX:GEI -1.78% 73 Gross Margin % is 2.38% as of Mar. 2026, which is 43% below its 10-year median of 4.21. GuruFocus rates TSX:GEI with a GF Score™ of 73/100 and a GF Value™ of C$20.22 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 869 Oil & Gas companies, Gibson Energy ranks worse than 89.53% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Gibson Energy's Gross Profit for the three months ended in Mar. 2026 was C$66 Mil. Gibson Energy's Revenue for the three months ended in Mar. 2026 was C$2,755 Mil. Therefore, Gibson Energy's Gross Margin % for the quarter that ended in Mar. 2026 was 2.38%.

Warning Sign:

Gibson Energy Inc gross margin has been in long-term decline. The average rate of decline per year is -5.8%.


The historical rank and industry rank for Gibson Energy's Gross Margin % or its related term are showing as below:

TSX:GEI' s Gross Margin % Range Over the Past 10 Years
Min: 0.54   Med: 4.21   Max: 6.2
Current: 3.76


During the past 13 years, the highest Gross Margin % of Gibson Energy was 6.20%. The lowest was 0.54%. And the median was 4.21%.

TSX:GEI's Gross Margin % is ranked worse than
89.53% of 869 companies
in the Oil & Gas industry
Industry Median: 25.7 vs TSX:GEI: 3.76

Gibson Energy had a gross margin of 2.38% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gibson Energy was -5.80% per year.


Gibson Energy  (TSX:GEI) 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

Gibson Energy had a gross margin of 2.38% 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.


Gibson Energy Gross Margin % Related Terms


Gibson Energy Gross Margin % Historical Data

* Premium members only.

The historical data trend for Gibson 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.

Gibson Energy Gross Margin % Chart

Gibson Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.14 3.57 4.39 3.60 4.27

Gibson Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.37 4.33 3.65 4.86 2.38

TSX:GEI vs WMB, EPD, KMI: Gross Margin % Comparison

For the Oil & Gas Midstream subindustry, Gibson 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.


Gibson Energy Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gibson Energy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gibson Energy's Gross Margin % falls into.


TSX:GEI
73GF Score
Gibson Energy Inc TSX:GEI
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gibson Energy Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Gibson Energy's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=456.3 / 10689.246
=(Revenue - Cost of Goods Sold) / Revenue
=(10689.246 - 10232.923) / 10689.246
=4.27 %

Gibson Energy's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=65.6 / 2754.893
=(Revenue - Cost of Goods Sold) / Revenue
=(2754.893 - 2689.318) / 2754.893
=2.38 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 2.38% mean?
Gibson Energy (TSX:GEI) has a Gross Margin % of 2.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Gibson Energy and its competitors. This is 43% below median its historical median of 4.21. Over the past decade, Gibson Energy's Gross Margin % has ranged from 0.54 to 6.20. According to the industry distribution chart, Gibson Energy ranks #778 out of 869 companies in the Oil & Gas industry, placing it in the top 89.5%.
Is Gibson Energy's Gross Margin % too high?
Gibson Energy's current Gross Margin % of 2.38% is 43% below median its 10-year median of 4.21. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 6.20. The Oil & Gas industry median Gross Margin % is 25.70. Gibson Energy's value of 2.38% is 90.7% below this industry median. Based on the distribution chart, Gibson Energy ranks #778 out of 869 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Gibson Energy has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gibson Energy's Gross Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Gibson Energy ranks #778 out of 869 companies for Gross Margin %. This places Gibson Energy in the lower half of its industry. The industry median Gross Margin % is 25.70. Gibson Energy's value of 2.38% is 90.7% below this benchmark. Historically, Gibson Energy's own Gross Margin % has ranged from 0.54 to 6.20 over the past decade. While the company's 10-year median is 4.21 vs. the industry median of 25.70, Gibson Energy 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 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. Gibson Energy's current Gross Margin % of 2.38% is 90.7% 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 Gibson 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. Gibson Energy's current Gross Margin % is 2.38%, which is 43% below median its own 10-year median of 4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gibson Energy stock overvalued right now?
Based on GuruFocus' analysis, Gibson Energy (TSX:GEI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$20.22, compared to a current price of C$28.73 — trading 42.1% above its estimated fair value. The current Gross Margin % is 2.38%, which is 43% below median its 10-year median of 4.21 and 90.7% below the Oil & Gas industry median of 25.70. Gibson Energy's overall GF Score™ is 73/100 with 10 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 Gibson Energy (TSX:GEI), the current Gross Margin % is 2.38% 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 Gibson Energy (TSX:GEI) Overvalued in 2026?

Based on GuruFocus' analysis, Gibson Energy stock appears to be overvalued. The current stock price of C$28.73 is trading 42.1% above its estimated GF Value™ of C$20.22. GuruFocus considers Gibson Energy to be Significantly Overvalued.

Key valuation signals for TSX:GEI:

  • Gross Margin %: 2.38% (43% below median its 10-year median of 4.21)
  • GF Value™: C$20.22 vs. price of C$28.73 (42.1% above fair value)
  • GF Score™: 73/100 with 10 warning signs
  • Industry Position: 90.7% below the Oil & Gas median (#778 of 869)

No single metric tells the full story. See the TSX:GEI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gibson Energy Business Description

Industry EnergyOil & Gas
Other Exchanges GBNXF:USA8GB:Germany
Address 440 - 2nd Avenue SW, Suite 1700, Calgary, AB, CAN, T2P 5E9
Gibson Energy Inc is an oil infrastructure company engaged in the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading. The company's reportable segments are: Infrastructure and Marketing. The majority of its revenue is generated from the Marketing segment, which is involved in the purchasing, selling, storing, and optimizing of hydrocarbon products (such as crude oil, natural gas liquids, road asphalt, etc.) and marketing its refined products. The Marketing segment sources the majority of its hydrocarbon products from Western Canada as well as the Permian Basin and markets those products throughout Canada and the United States. Geographically, the company generates maximum revenue from Canada.
73GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$28.73
Price
C$20.22
GF Value