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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.
ExproXPRO -0.18%81 Gross Margin % is 9.22% as of Jun. 2026, which is 43% above its 10-year median of 6.43. GuruFocus rates XPRO with a GF Score™ of 81/100 and a GF Value™ of $16.10 (Fairly Valued). The stock has 8 warning signs investors should review. Among 880 Oil & Gas companies, Expro ranks worse than 78.3% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Expro's Gross Profit for the
three
months ended in Jun. 2026 was $36 Mil. Expro's Revenue for the
three
months ended in Jun. 2026 was $393 Mil. Therefore, Expro's Gross Margin % for the quarter that ended in Jun. 2026 was 9.22%.
The historical rank and industry rank for Expro's Gross Margin % or its related term are showing as below:
XPRO'
s Gross Margin % Range Over the Past 10 Years
Min: -0.82 Med: 6.43 Max: 12.61
Current: 10.08
During the past 7 years, the highestGross Margin % of Expro was 12.61%. The lowest was -0.82%. And the median was 6.43%.
XPRO's Gross Margin % is ranked worse than 78.3% of 880
companies
in the Oil & Gas industry
Industry Median: 26.575
vs XPRO: 10.08
Expro had a gross margin of 9.22% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Expro was 0.00% 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
Expro had a gross margin of 9.22% for the quarter that ended in Jun. 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.
Expro Gross Margin % Related Terms
Expro Gross Margin % Historical Data
* Premium members only.
The historical data trend for Expro'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.
XPRO vs NEXT, INVX, WBI: Gross Margin % Comparison
For the Oil & Gas Equipment & Services subindustry, Expro'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.
Expro Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Expro's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Expro'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.
Expro (XPRO) has a Gross Margin % of 9.22% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Expro and its competitors. This is 43% above median its historical median of 6.43. According to the industry distribution chart, Expro ranks #689 out of 880 companies in the Oil & Gas industry, placing it in the top 78.3%.
Is Expro's Gross Margin % too high?
Expro's current Gross Margin % of 9.22% is 43% above median its 10-year median of 6.43. The Oil & Gas industry median Gross Margin % is 26.58. Expro's value of 9.22% is 65.3% below this industry median. Based on the distribution chart, Expro ranks #689 out of 880 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Expro has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Expro's Gross Margin % compare to NEXT and INVX?
According to the Oil & Gas industry distribution chart, Expro ranks #689 out of 880 companies for Gross Margin %. This places Expro in the lower half of its industry. The industry median Gross Margin % is 26.58. Expro's value of 9.22% is 65.3% below this benchmark. While the company's 10-year median is 6.43 vs. the industry median of 26.58, Expro 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 26.58, based on 880 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. Expro's current Gross Margin % of 9.22% is 65.3% 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 Expro and its competitors. For the Oil & Gas industry, the median Gross Margin % is 26.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Expro's current Gross Margin % is 9.22%, which is 43% above median its own 10-year median of 6.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Expro stock overvalued right now?
Based on GuruFocus' analysis, Expro (XPRO) is currently considered Fairly Valued. The stock's GF Value™ is $16.10, compared to a current price of $16.96 — trading 5.3% above its estimated fair value. The current Gross Margin % is 9.22%, which is 43% above median its 10-year median of 6.43 and 65.3% below the Oil & Gas industry median of 26.58. Expro's overall GF Score™ is 81/100 with 8 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 Expro (XPRO), the current Gross Margin % is 9.22% 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 Expro (XPRO) Overvalued in 2026?
Based on GuruFocus' analysis, Expro stock appears to be overvalued.
The current stock price of $16.96 is trading 5.3% above its estimated GF Value™ of $16.10.
GuruFocus considers Expro to be Fairly Valued.
Key valuation signals for XPRO:
Gross Margin %: 9.22% (43% above median its 10-year median of 6.43)
GF Value™: $16.10 vs. price of $16.96 (5.3% above fair value)
Industry Position: 65.3% below the Oil & Gas median (#689 of 880)
No single metric tells the full story. See the XPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Expro Group Holdings NV offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions. It also provides production optimization for both onshore and offshore applications. The company has four operating segments: North and Latin America (NLA); Europe and Sub-Saharan Africa (ESSA); Middle East and North Africa (MENA); and Asia-Pacific (APAC). The majority of its revenue is derived from the North and Latin America (NLA) segment.
81GF Score
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