Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 36.58% is in line with its 5-year average of 35.62%, near the high end of its 5-year range (34.07%–37.21%).
0.44% above its 12-month average of 36.42%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
36.58%
GROSS MARGIN AVG TTM
36.42%
GROSS MARGIN AVG 3Y
36.29%
GROSS MARGIN AVG 5Y
35.62%
GROSS MARGIN AVG 10Y
34.92%
GROSS MARGIN AVG 15Y
35.11%
GROSS MARGIN AVG 20Y
34.40%
CURRENT VS TTM AVG
+0.44%
CURRENT VS 3Y AVG
+0.80%
CURRENT VS 5Y AVG
+2.70%
CURRENT VS 10Y AVG
+4.76%
CURRENT VS 15Y AVG
+4.18%
CURRENT VS 20Y AVG
+6.33%
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+18.29%
vs the sector median at left
Market Cap
$51.93B
Gross Margin
27.32%
TTM Avg
24.85%
3Y Avg
24.62%
5Y Avg
13.34%
Market Cap
$58.02B
Gross Margin
25.67%
TTM Avg
22.57%
3Y Avg
20.52%
5Y Avg
19.92%
Market Cap
$49.26B
Gross Margin
34.84%
TTM Avg
35.23%
3Y Avg
36.26%
5Y Avg
36.26%
Market Cap
$48.73B
Gross Margin
24.34%
TTM Avg
26.23%
3Y Avg
26.14%
5Y Avg
27.14%
Market Cap
$60.87B
Gross Margin
39.40%
TTM Avg
39.01%
3Y Avg
38.96%
5Y Avg
38.00%
Market Cap
$48.07B
Gross Margin
34.33%
TTM Avg
31.95%
3Y Avg
31.17%
5Y Avg
30.54%
Market Cap
$47.75B
Gross Margin
54.53%
TTM Avg
46.33%
3Y Avg
43.42%
5Y Avg
43.59%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AMETEK, Inc. (AME) | $54.50B | 36.58% | 36.42% | 36.29% | 35.62% |
| Fastenal Company (FAST)vs › | $56.66B | 44.70% | 45.05% | 45.45% | 45.58% |
| Delta Air Lines, Inc. (DAL)vs › | $51.93B | 27.32% | 24.85% | 24.62% | 13.34% |
| Comfort Systems USA, Inc. (FIX)vs › | $58.02B | 25.67% | 22.57% | 20.52% | 19.92% |
| Honeywell Aerospace Inc (HONA)vs › | $49.26B | 34.84% | 35.23% | 36.26% | 36.26% |
| Carrier Global Corporation (CARR)vs › | $48.73B | 24.34% | 26.23% | 26.14% | 27.14% |
| W.W. Grainger, Inc. (GWW)vs › | $60.87B | 39.40% | 39.01% | 38.96% | 38.00% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $48.07B | 34.33% | 31.95% | 31.17% | 30.54% |
| Rockwell Automation, Inc. (ROK)vs › | $47.75B | 54.53% | 46.33% | 43.42% | 43.59% |
| L3Harris Technologies, Inc. (LHX)vs › | $47.62B | 25.48% | 25.81% | 25.99% | 27.40% |
Gross Margin
36.6%
(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 | 35.95% |
| 2026-03-31 | 37.21% |
| 2025-12-31 | 36.93% |
| 2025-09-30 | 36.25% |
| 2025-06-30 | 35.76% |
| 2025-03-31 | 36.09% |
| 2024-12-31 | 36.60% |
| 2024-09-30 | 36.04% |
| 2024-06-30 | 35.99% |
| 2024-03-31 | 34.07% |
| 2023-12-31 | 35.53% |
| 2023-09-30 | 37.09% |
| 2023-06-30 | 36.02% |
| 2023-03-31 | 35.98% |
| 2022-12-31 | 34.57% |
| 2022-09-30 | 35.26% |
| 2022-06-30 | 34.75% |
| 2022-03-31 | 34.95% |
| 2021-12-31 | 34.67% |
| 2021-09-30 | 34.10% |
| 2021-06-30 | 34.16% |
| 2021-03-31 | 35.07% |
| 2020-12-31 | 35.78% |
| 2020-09-30 | 34.98% |
| 2020-06-30 | 33.87% |
| 2020-03-31 | 31.41% |
| 2019-12-31 | 34.23% |
| 2019-09-30 | 35.51% |
| 2019-06-30 | 35.00% |
| 2019-03-31 | 33.89% |
| 2018-12-31 | 34.30% |
| 2018-09-30 | 34.37% |
| 2018-06-30 | 34.55% |
| 2018-03-31 | 33.76% |
| 2017-12-31 | 32.90% |
| 2017-09-30 | 33.43% |
| 2017-06-30 | 34.04% |
| 2017-03-31 | 33.77% |
| 2016-12-31 | 24.40% |
| 2016-09-30 | 33.26% |
| 2016-06-30 | 34.57% |
| 2016-03-31 | 33.96% |
| 2015-12-31 | 34.45% |
| 2015-09-30 | 36.73% |
| 2015-06-30 | 36.84% |
| 2015-03-31 | 35.37% |
| 2014-12-31 | 35.22% |
| 2014-09-30 | 34.32% |
| 2014-06-30 | 36.34% |
| 2014-03-31 | 35.90% |
| 2013-12-31 | 35.29% |
| 2013-09-30 | 35.72% |
| 2013-06-30 | 35.41% |
| 2013-03-31 | 34.98% |
| 2012-12-31 | 35.30% |
| 2012-09-30 | 35.49% |
| 2012-06-30 | 35.62% |
| 2012-03-31 | 35.17% |
| 2011-12-31 | 35.79% |
| 2011-09-30 | 34.28% |
| 2011-06-30 | 34.12% |
| 2011-03-31 | 34.13% |
| 2010-12-31 | 34.13% |
| 2010-09-30 | 33.41% |
| 2010-06-30 | 33.19% |
| 2010-03-31 | 32.50% |
| 2009-12-31 | 31.41% |
| 2009-09-30 | 30.66% |
| 2009-06-30 | 31.12% |
| 2009-03-31 | 32.96% |
| 2008-12-31 | 28.75% |
| 2008-09-30 | 32.43% |
| 2008-06-30 | 32.61% |
| 2008-03-31 | 32.75% |
| 2007-12-31 | 32.40% |
| 2007-09-30 | 32.56% |
| 2007-06-30 | 32.58% |
| 2007-03-31 | 32.05% |
| 2006-12-31 | 30.81% |
| 2006-09-30 | 31.43% |
| 2006-06-30 | 31.58% |
| 2006-03-31 | 30.93% |
| 2005-12-31 | 30.69% |
| 2005-09-30 | 32.08% |
| 2005-06-30 | 31.00% |
| 2005-03-31 | 29.91% |
| 2004-12-31 | 30.91% |
| 2004-09-30 | 30.31% |
| 2004-06-30 | 29.07% |
| 2004-03-31 | 28.50% |
| 2003-12-31 | 28.77% |
| 2003-10-30 | 29.03% |
| 2003-06-30 | 27.30% |
| 2003-03-31 | 27.09% |
| 2002-12-31 | 27.22% |
| 2002-09-30 | 28.19% |