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 11.46% is 149% above its 5-year average of 4.61%, near the high end of its 5-year range (-19.66%–14.18%).
As of the fiscal period ended Tuesday, March 31, 2026. 79.50% above its 12-month average of 6.38%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
11.46%
GROSS MARGIN AVG TTM
6.38%
GROSS MARGIN AVG 3Y
10.00%
GROSS MARGIN AVG 5Y
7.02%
GROSS MARGIN AVG 10Y
8.73%
GROSS MARGIN AVG 15Y
14.08%
GROSS MARGIN AVG 20Y
15.22%
CURRENT VS TTM AVG
+79.50%
CURRENT VS 3Y AVG
+14.63%
CURRENT VS 5Y AVG
+63.17%
CURRENT VS 10Y AVG
+31.21%
CURRENT VS 15Y AVG
-18.61%
CURRENT VS 20Y AVG
-24.72%
SECTOR MEDIAN · INDUSTRIALS
32.52%
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
-64.76%
vs the sector median at left
Market Cap
$170.32B
Gross Margin
41.69%
TTM Avg
42.36%
3Y Avg
41.16%
5Y Avg
40.51%
Market Cap
$156.90B
Gross Margin
36.89%
TTM Avg
37.89%
3Y Avg
36.35%
5Y Avg
34.68%
Market Cap
$182.57B
Gross Margin
59.38%
TTM Avg
52.45%
3Y Avg
48.40%
5Y Avg
48.13%
Market Cap
$143.27B
Gross Margin
18.82%
TTM Avg
15.09%
3Y Avg
11.10%
5Y Avg
10.70%
Market Cap
$134.34B
Gross Margin
11.80%
TTM Avg
9.95%
3Y Avg
11.25%
5Y Avg
11.96%
Market Cap
$124.52B
Gross Margin
37.23%
TTM Avg
36.38%
3Y Avg
33.57%
5Y Avg
31.16%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Boeing Company (BA) | $165.17B | 11.46% | 6.38% | 10.00% | 7.02% |
| Deere & Company (DE)vs › | $169.56B | 35.40% | 36.48% | 37.36% | 34.93% |
| Schneider Electric S.E. (SBGSY)vs › | $170.32B | 41.69% | 42.36% | 41.16% | 40.51% |
| Eaton Corporation plc (ETN)vs › | $156.90B | 36.89% | 37.89% | 36.35% | 34.68% |
| ABB Ltd (ABBNY)vs › | $174.91B | 40.06% | 39.21% | 36.55% | 34.84% |
| Union Pacific Corporation (UNP)vs › | $182.57B | 59.38% | 52.45% | 48.40% | 48.13% |
| Siemens Energy AG (SMEGF)vs › | $143.27B | 18.82% | 15.09% | 11.10% | 10.70% |
| Lockheed Martin Corporation (LMT)vs › | $134.34B | 11.80% | 9.95% | 11.25% | 11.96% |
| Parker-Hannifin Corporation (PH)vs › | $124.52B | 37.23% | 36.38% | 33.57% | 31.16% |
| Howmet Aerospace Inc. (HWM)vs › | $115.74B | 32.56% | 29.18% | 26.64% | 25.19% |
Gross Margin
11.5%
(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 | 11.46% |
| 2025-12-31 | 7.57% |
| 2025-09-30 | -10.21% |
| 2025-06-30 | 10.70% |
| 2025-03-31 | 12.40% |
| 2024-12-31 | -10.43% |
| 2024-09-30 | -19.66% |
| 2024-06-30 | 7.29% |
| 2024-03-31 | 11.32% |
| 2023-12-31 | 12.25% |
| 2023-09-30 | 6.44% |
| 2023-06-30 | 9.82% |
| 2023-03-31 | 10.73% |
| 2022-12-31 | 9.29% |
| 2022-09-30 | -5.11% |
| 2022-06-30 | 12.76% |
| 2022-03-31 | 2.52% |
| 2021-12-31 | -16.99% |
| 2021-09-30 | 11.21% |
| 2021-06-30 | 14.18% |
| 2021-03-31 | 9.26% |
| 2020-12-31 | -37.17% |
| 2020-09-30 | 7.31% |
| 2020-06-30 | -9.92% |
| 2020-03-31 | 0.83% |
| 2019-12-31 | -4.45% |
| 2019-09-30 | 15.27% |
| 2019-06-30 | -13.07% |
| 2019-03-31 | 18.64% |
| 2018-12-31 | 22.06% |
| 2018-09-30 | 16.33% |
| 2018-06-30 | 19.47% |
| 2018-03-31 | 19.49% |
| 2017-12-31 | 19.48% |
| 2017-09-30 | 17.62% |
| 2017-06-30 | 18.87% |
| 2017-03-31 | 17.70% |
| 2016-12-31 | 16.41% |
| 2016-09-30 | 16.71% |
| 2016-06-30 | 9.82% |
| 2016-03-31 | 15.62% |
| 2015-12-31 | 12.43% |
| 2015-09-30 | 16.44% |
| 2015-06-30 | 13.01% |
| 2015-03-31 | 16.49% |
| 2014-12-31 | 15.35% |
| 2014-09-30 | 15.59% |
| 2014-06-30 | 15.31% |
| 2014-03-31 | 15.48% |
| 2013-12-31 | 14.28% |
| 2013-09-30 | 15.62% |
| 2013-06-30 | 15.43% |
| 2013-03-31 | 16.60% |
| 2012-12-31 | 14.62% |
| 2012-09-30 | 16.04% |
| 2012-06-30 | 16.29% |
| 2012-03-31 | 17.07% |
| 2011-12-31 | 16.84% |
| 2011-09-30 | 19.01% |
| 2011-06-30 | 20.21% |
| 2011-03-31 | 19.19% |
| 2010-12-31 | 18.95% |
| 2010-09-30 | 18.98% |
| 2010-06-30 | 19.48% |
| 2010-03-31 | 20.19% |
| 2009-12-31 | 19.12% |
| 2009-09-30 | 13.23% |
| 2009-06-30 | 19.51% |
| 2009-03-31 | 16.71% |
| 2008-12-31 | 9.69% |
| 2008-09-30 | 18.00% |
| 2008-06-30 | 17.80% |
| 2008-03-31 | 21.17% |
| 2007-12-31 | 16.78% |
| 2007-09-30 | 20.48% |
| 2007-06-30 | 20.51% |
| 2007-03-31 | 20.68% |
| 2006-12-31 | 16.09% |
| 2006-09-30 | 19.92% |
| 2006-06-30 | 16.51% |
| 2006-03-31 | 20.05% |
| 2005-12-31 | 12.45% |
| 2005-09-30 | 15.67% |
| 2005-06-30 | 17.94% |
| 2005-03-31 | 18.12% |
| 2004-12-31 | 7.80% |
| 2004-09-30 | 15.12% |
| 2004-06-30 | 16.91% |
| 2004-03-31 | 16.99% |
| 2003-12-31 | 11.59% |
| 2003-09-30 | 14.42% |
| 2003-07-30 | 8.62% |
| 2003-03-31 | 14.07% |
| 2002-12-31 | 17.01% |
| 2002-09-30 | 13.12% |
| 2002-06-30 | 16.78% |