Laredo Oil Gross Margin Growth & History (LRDC)

Laredo Oil's gross margin was 100.00% for fiscal 2025.

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Laredo Oil annual gross margin history

Laredo Oil annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20252025-05-31100.00%+192.66 pp
20222022-05-31−92.66%+99.58 pp
20212021-05-31−192.25%−194.41 pp
20202020-05-312.16%−0.15 pp
20192019-05-312.31%−4.24 pp
20182018-05-316.55%+9.38 pp
20172017-05-31−2.83%−5.33 pp
20162016-05-312.50%+2.74 pp
20152015-05-31−0.24%−4.44 pp
20142014-05-314.20%−7.15 pp
20132013-05-3111.34%−16.23 pp
20122012-05-3127.57%

Laredo Oil gross margin trends

Over the last five reported fiscal years, Laredo Oil's gross margin increased from 6.55% to 100.00%, a change of +93.45 percentage points. The latest reported quarter, Q3 2026, shows 100.00%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Laredo Oil filings at SEC.gov ↗