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 60.37% is 54% above its 5-year average of 39.17%, near the high end of its 5-year range (21.16%–60.37%).
As of the fiscal period ended Tuesday, March 31, 2026. 15.40% above its 12-month average of 52.31%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
60.37%
GROSS MARGIN AVG TTM
52.31%
GROSS MARGIN AVG 3Y
41.12%
GROSS MARGIN AVG 5Y
38.11%
GROSS MARGIN AVG 10Y
36.49%
GROSS MARGIN AVG 15Y
38.57%
GROSS MARGIN AVG 20Y
41.30%
CURRENT VS TTM AVG
+15.40%
CURRENT VS 3Y AVG
+46.81%
CURRENT VS 5Y AVG
+58.40%
CURRENT VS 10Y AVG
+65.43%
CURRENT VS 15Y AVG
+56.50%
CURRENT VS 20Y AVG
+46.16%
SECTOR MEDIAN · BASIC MATERIALS
33.66%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+79.35%
vs the sector median at left
Barrick Mining Corporation
Market Cap
$64.34B
Gross Margin
60.37%
TTM Avg
52.31%
3Y Avg
41.12%
5Y Avg
38.11%
Market Cap
$65.50B
Gross Margin
32.06%
TTM Avg
31.95%
3Y Avg
30.06%
5Y Avg
30.75%
Market Cap
$52.61B
Gross Margin
77.10%
TTM Avg
67.33%
3Y Avg
61.05%
5Y Avg
58.74%
Market Cap
$87.71B
Gross Margin
49.07%
TTM Avg
48.70%
3Y Avg
46.55%
5Y Avg
46.05%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Barrick Mining Corporation (B) | $64.34B | 60.37% | 52.31% | 41.12% | 38.11% |
| Vale S.A. (VALE)vs › | $63.39B | 34.52% | 35.30% | 39.54% | 45.64% |
| Air Products and Chemicals, Inc. (APD)vs › | $65.50B | 32.06% | 31.95% | 30.06% | 30.75% |
| Nucor Corporation (NUE)vs › | $62.37B | 15.47% | 12.64% | 19.48% | 19.86% |
| CRH plc (CRH)vs › | $66.42B | 35.79% | 35.92% | 34.78% | 34.13% |
| Wheaton Precious Metals Corp. (WPM)vs › | $52.61B | 77.10% | 67.33% | 61.05% | 58.74% |
| Corteva, Inc. (CTVA)vs › | $52.06B | 48.45% | 43.62% | 42.46% | 41.85% |
| Ecolab Inc. (ECL)vs › | $79.59B | 44.11% | 43.99% | 41.63% | 41.51% |
| The Sherwin-Williams Company (SHW)vs › | $87.71B | 49.07% | 48.70% | 46.55% | 46.05% |
| Steel Dynamics, Inc. (STLD)vs › | $38.07B | 14.62% | 14.50% | 19.50% | 20.35% |
Gross Margin
60.4%
(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 |
|---|---|
| 2026-03-31 | 60.37% |
| 2025-12-31 | 54.76% |
| 2025-09-30 | 54.44% |
| 2025-06-30 | 48.98% |
| 2025-03-31 | 43.00% |
| 2024-12-31 | 44.22% |
| 2024-09-30 | 39.25% |
| 2024-06-30 | 37.76% |
| 2024-03-31 | 30.32% |
| 2023-12-31 | 29.19% |
| 2023-09-30 | 33.54% |
| 2023-06-30 | 31.66% |
| 2023-03-31 | 27.05% |
| 2022-12-31 | 21.16% |
| 2022-09-30 | 28.85% |
| 2022-06-30 | 36.38% |
| 2022-03-31 | 39.12% |
| 2021-12-31 | 41.24% |
| 2021-09-30 | 37.62% |
| 2021-06-30 | 41.10% |
| 2021-03-31 | 42.56% |
| 2020-12-31 | 43.76% |
| 2020-09-30 | 45.88% |
| 2020-06-30 | 37.84% |
| 2020-03-31 | 35.35% |
| 2019-12-31 | 31.29% |
| 2019-09-30 | 29.61% |
| 2019-06-30 | 26.13% |
| 2019-03-31 | 29.96% |
| 2018-12-31 | 24.79% |
| 2018-09-30 | 29.07% |
| 2018-06-30 | 31.60% |
| 2018-03-31 | 36.20% |
| 2017-12-31 | 37.21% |
| 2017-09-30 | 36.43% |
| 2017-06-30 | 41.02% |
| 2017-03-31 | 32.81% |
| 2016-12-31 | 37.47% |
| 2016-09-30 | 42.49% |
| 2016-06-30 | 35.29% |
| 2016-03-31 | 33.26% |
| 2015-12-31 | 26.99% |
| 2015-09-30 | 27.47% |
| 2015-06-30 | 25.77% |
| 2015-03-31 | 26.37% |
| 2014-12-31 | 30.07% |
| 2014-09-30 | 36.51% |
| 2014-06-30 | 35.07% |
| 2014-03-31 | 35.63% |
| 2013-12-31 | 36.53% |
| 2013-09-30 | 40.34% |
| 2013-06-30 | 43.14% |
| 2013-03-31 | 46.81% |
| 2012-12-31 | 50.44% |
| 2012-09-30 | 49.01% |
| 2012-06-30 | 46.70% |
| 2012-03-31 | 51.89% |
| 2011-12-31 | 54.26% |
| 2011-09-30 | 57.34% |
| 2011-06-30 | 56.50% |
| 2011-03-31 | 56.14% |
| 2010-12-31 | 63.20% |
| 2010-09-30 | 53.34% |
| 2010-06-30 | 51.85% |
| 2010-03-31 | 50.87% |
| 2009-12-31 | 58.52% |
| 2009-09-30 | 53.29% |
| 2009-06-30 | 51.70% |
| 2009-03-31 | 47.72% |
| 2008-12-31 | 11.95% |
| 2008-09-30 | 45.26% |
| 2008-06-30 | 52.41% |
| 2008-03-31 | 60.42% |
| 2007-12-31 | 62.06% |
| 2007-09-30 | 49.37% |
| 2007-06-30 | 49.68% |
| 2007-03-31 | 25.16% |
| 2006-12-31 | 59.90% |
| 2006-09-30 | 50.22% |
| 2006-06-30 | 56.11% |
| 2006-03-31 | 39.51% |
| 2005-12-31 | 54.08% |
| 2005-09-30 | 46.29% |
| 2005-06-30 | 32.61% |
| 2005-03-31 | 36.24% |
| 2004-12-31 | 46.16% |
| 2004-09-30 | 32.54% |
| 2004-06-30 | 28.71% |
| 2004-03-31 | 38.82% |
| 2003-12-31 | 35.36% |
| 2003-09-30 | 40.22% |
| 2003-06-30 | 37.86% |
| 2003-03-31 | 37.24% |
| 2002-12-31 | 48.31% |
| 2002-09-30 | 38.88% |
| 2002-06-30 | 41.05% |
