Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 40.03% is 11% above its 5-year average of 36.22%, near the high end of its 5-year range (31.58%–41.73%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.10% below its 12-month average of 40.07%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
40.03%
GROSS MARGIN AVG TTM
40.07%
GROSS MARGIN AVG 3Y
38.17%
GROSS MARGIN AVG 5Y
36.22%
GROSS MARGIN AVG 10Y
33.32%
GROSS MARGIN AVG 15Y
31.25%
GROSS MARGIN AVG 20Y
30.52%
CURRENT VS TTM AVG
-0.10%
CURRENT VS 3Y AVG
+4.88%
CURRENT VS 5Y AVG
+10.53%
CURRENT VS 10Y AVG
+20.15%
CURRENT VS 15Y AVG
+28.09%
CURRENT VS 20Y AVG
+31.18%
SECTOR MEDIAN · INDUSTRIALS
33.10%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
+20.94%
vs the sector median at left
Market Cap
$174.22B
Gross Margin
35.90%
TTM Avg
37.89%
3Y Avg
36.35%
5Y Avg
34.68%
Market Cap
$174.14B
Gross Margin
59.38%
TTM Avg
52.45%
3Y Avg
48.40%
5Y Avg
48.13%
Market Cap
$197.05B
Gross Margin
41.67%
TTM Avg
42.36%
3Y Avg
41.16%
5Y Avg
40.51%
Market Cap
$151.22B
Gross Margin
18.82%
TTM Avg
15.09%
3Y Avg
11.10%
5Y Avg
10.70%
Market Cap
$135.69B
Gross Margin
11.80%
TTM Avg
9.95%
3Y Avg
11.25%
5Y Avg
11.96%
Market Cap
$135.40B
Gross Margin
37.69%
TTM Avg
37.95%
3Y Avg
36.42%
5Y Avg
33.42%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ABB Ltd (ABBNY) | $183.08B | 40.03% | 40.07% | 38.17% | 36.22% |
| The Boeing Company (BA)vs › | $185.28B | 4.68% | 0.90% | 4.26% | 2.03% |
| Eaton Corporation plc (ETN)vs › | $174.22B | 35.90% | 37.89% | 36.35% | 34.68% |
| Union Pacific Corporation (UNP)vs › | $174.14B | 59.38% | 52.45% | 48.40% | 48.13% |
| Schneider Electric S.E. (SBGSY)vs › | $197.05B | 41.67% | 42.36% | 41.16% | 40.51% |
| Deere & Company (DE)vs › | $167.59B | 35.40% | 36.48% | 37.36% | 34.93% |
| Siemens Energy AG (SMEGF)vs › | $151.22B | 18.82% | 15.09% | 11.10% | 10.70% |
| Lockheed Martin Corporation (LMT)vs › | $135.69B | 11.80% | 9.95% | 11.25% | 11.96% |
| Parker-Hannifin Corporation (PH)vs › | $135.40B | 37.69% | 37.95% | 36.42% | 33.42% |
| Siemens AG (SIEGY)vs › | $249.12B | 38.85% | 38.90% | 38.15% | 37.52% |
Gross Margin
40.0%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 40.03% |
| 2026-03-31 | 39.39% |
| 2025-12-31 | 40.41% |
| 2025-09-30 | 40.38% |
| 2025-06-30 | 40.16% |
| 2025-03-31 | 41.73% |
| 2024-12-31 | 35.49% |
| 2024-09-30 | 38.23% |
| 2024-06-30 | 38.52% |
| 2024-03-31 | 37.29% |
| 2023-12-31 | 34.54% |
| 2023-09-30 | 34.66% |
| 2023-06-30 | 35.38% |
| 2023-03-31 | 34.56% |
| 2022-12-31 | 33.97% |
| 2022-09-30 | 33.50% |
| 2022-06-30 | 31.58% |
| 2022-03-31 | 32.75% |
| 2021-12-31 | 31.68% |
| 2021-09-30 | 32.64% |
| 2021-06-30 | 33.67% |
| 2021-03-31 | 32.86% |
| 2020-12-31 | 29.89% |
| 2020-09-30 | 27.86% |
| 2020-06-30 | 32.29% |
| 2020-03-31 | 30.73% |
| 2019-12-31 | 31.23% |
| 2019-09-30 | 31.78% |
| 2019-06-30 | 32.07% |
| 2019-03-31 | 32.26% |
| 2018-12-31 | 28.22% |
| 2018-09-30 | 28.81% |
| 2018-06-30 | 30.70% |
| 2018-03-31 | 31.39% |
| 2017-12-31 | 28.29% |
| 2017-09-30 | 30.59% |
| 2017-06-30 | 30.74% |
| 2017-03-31 | 30.21% |
| 2016-12-31 | 27.97% |
| 2016-09-30 | 29.79% |
| 2016-06-30 | 27.83% |
| 2016-03-31 | 29.84% |
| 2015-12-31 | 25.91% |
| 2015-09-30 | 29.56% |
| 2015-06-30 | 29.68% |
| 2015-03-31 | 29.23% |
| 2014-12-31 | 27.46% |
| 2014-09-30 | 28.12% |
| 2014-06-30 | 28.31% |
| 2014-03-31 | 28.79% |
| 2013-12-31 | 25.87% |
| 2013-09-30 | 30.13% |
| 2013-06-30 | 29.58% |
| 2013-03-31 | 29.35% |
| 2012-12-31 | 26.52% |
| 2012-09-30 | 29.99% |
| 2012-06-30 | 29.41% |
| 2012-03-31 | 30.20% |
| 2011-12-31 | 28.31% |
| 2011-09-30 | 30.49% |
| 2011-06-30 | 31.21% |
| 2011-03-31 | 30.62% |
| 2010-12-31 | 28.64% |
| 2010-09-30 | 31.68% |
| 2010-06-30 | 30.50% |
| 2010-03-31 | 30.08% |
| 2009-12-31 | 28.19% |
| 2009-09-30 | 29.17% |
| 2009-06-30 | 30.69% |
| 2009-03-31 | 29.39% |
| 2008-12-31 | 28.41% |
| 2008-09-30 | 30.78% |
| 2008-06-30 | 32.71% |
| 2008-03-31 | 33.75% |
| 2007-12-31 | 30.10% |
| 2007-09-30 | 30.90% |
| 2007-06-30 | 31.04% |
| 2007-03-31 | 30.89% |
| 2006-12-31 | 27.86% |
| 2006-09-30 | 28.96% |
| 2006-06-30 | 28.08% |
| 2006-03-31 | 27.38% |
| 2005-12-31 | 25.44% |
| 2005-09-30 | 24.61% |
| 2005-06-30 | 24.41% |
| 2005-03-31 | 25.65% |
| 2004-12-31 | 21.17% |
| 2004-09-30 | 24.42% |
| 2004-06-30 | 25.10% |
| 2004-03-31 | 26.42% |
| 2003-12-31 | 24.47% |
| 2003-09-30 | 24.86% |
| 2003-06-30 | 26.50% |
| 2003-03-31 | 24.47% |
| 2002-12-31 | 38.17% |
| 2002-09-30 | 21.22% |