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 42.85% is 45% below its 5-year average of 77.70%, near the low end of its 5-year range (36.71%–126.13%).
As of the fiscal period ended Wednesday, December 31, 2025. 37.51% below its 12-month average of 68.56%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
42.85%
GROSS MARGIN AVG TTM
68.56%
GROSS MARGIN AVG 3Y
74.99%
GROSS MARGIN AVG 5Y
77.70%
GROSS MARGIN AVG 10Y
79.51%
GROSS MARGIN AVG 15Y
76.96%
GROSS MARGIN AVG 20Y
72.16%
CURRENT VS TTM AVG
-37.51%
CURRENT VS 3Y AVG
-42.87%
CURRENT VS 5Y AVG
-44.86%
CURRENT VS 10Y AVG
-46.11%
CURRENT VS 15Y AVG
-44.33%
CURRENT VS 20Y AVG
-40.62%
SECTOR MEDIAN · BASIC MATERIALS
33.99%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+26.06%
vs the sector median at left
BHP Group Limited
Market Cap
$230.38B
Gross Margin
42.85%
TTM Avg
68.56%
3Y Avg
74.99%
5Y Avg
77.70%
Market Cap
$163.17B
Gross Margin
62.26%
TTM Avg
53.20%
3Y Avg
48.86%
5Y Avg
48.78%
Market Cap
$126.63B
Gross Margin
54.52%
TTM Avg
42.20%
3Y Avg
28.07%
5Y Avg
27.14%
Market Cap
$99.87B
Gross Margin
26.85%
TTM Avg
28.23%
3Y Avg
30.36%
5Y Avg
29.31%
Market Cap
$93.47B
Gross Margin
36.65%
TTM Avg
35.81%
3Y Avg
35.26%
5Y Avg
34.71%
Market Cap
$87.83B
Gross Margin
49.07%
TTM Avg
48.70%
3Y Avg
46.55%
5Y Avg
46.05%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BHP Group Limited (BHP) | $230.38B | 42.85% | 68.56% | 74.99% | 77.70% |
| Linde plc (LIN)vs › | $224.50B | 45.64% | 39.97% | 36.05% | 33.12% |
| Rio Tinto Group (RIO)vs › | $166.21B | 26.56% | 42.24% | 44.55% | 52.38% |
| Southern Copper Corporation (SCCO)vs › | $163.17B | 62.26% | 53.20% | 48.86% | 48.78% |
| Newmont Corporation (NEM)vs › | $126.63B | 54.52% | 42.20% | 28.07% | 27.14% |
| Freeport-McMoRan Inc. (FCX)vs › | $99.87B | 26.85% | 28.23% | 30.36% | 29.31% |
| Johnson Controls International plc (JCI)vs › | $93.47B | 36.65% | 35.81% | 35.26% | 34.71% |
| The Sherwin-Williams Company (SHW)vs › | $87.83B | 49.07% | 48.70% | 46.55% | 46.05% |
| Ecolab Inc. (ECL)vs › | $78.82B | 44.11% | 43.99% | 41.63% | 41.51% |
| Barrick Mining Corporation (B)vs › | $68.96B | 55.11% | 44.83% | 37.88% | 38.89% |
Gross Margin
42.8%
(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 |
|---|---|
| 2025-12-31 | 42.85% |
| 2025-06-30 | 126.13% |
| 2024-12-31 | 36.71% |
| 2024-06-30 | 122.86% |
| 2023-12-31 | 39.67% |
| 2023-06-30 | 115.85% |
| 2022-12-31 | 40.88% |
| 2022-06-30 | 118.33% |
| 2021-12-31 | 49.15% |
| 2021-06-30 | 115.42% |
| 2020-12-31 | 46.88% |
| 2020-06-30 | 128.28% |
| 2019-12-31 | 39.96% |
| 2019-06-30 | 124.52% |
| 2018-12-31 | 35.47% |
| 2018-06-30 | 124.00% |
| 2017-12-31 | 35.26% |
| 2017-06-30 | 136.92% |
| 2016-12-31 | 31.68% |
| 2016-06-30 | 151.31% |
| 2015-12-31 | 7.56% |
| 2015-06-30 | 145.24% |
| 2014-12-31 | 33.27% |
| 2014-06-30 | 143.82% |
| 2013-12-31 | 33.27% |
| 2013-06-30 | 75.48% |
| 2012-12-31 | 29.07% |
| 2012-06-30 | 78.43% |
| 2011-12-31 | 42.16% |
| 2011-06-30 | 67.64% |
| 2010-12-31 | 67.64% |
| 2010-06-30 | 61.43% |
| 2009-12-31 | 61.43% |
| 2009-06-30 | 56.73% |
| 2008-12-31 | 56.73% |
| 2008-06-30 | 60.41% |
| 2007-12-31 | 60.41% |
| 2007-06-30 | 54.91% |
| 2006-12-31 | 54.91% |
| 2006-06-30 | 52.88% |
| 2005-12-31 | 52.88% |
| 2005-06-30 | 34.11% |
| 2004-12-31 | 34.11% |
| 2004-06-30 | 28.06% |
| 2003-12-31 | 28.06% |
| 2003-06-30 | 29.75% |
| 2002-12-31 | 29.75% |
| 2002-06-30 | 32.18% |
| 2001-12-31 | 32.18% |
| 2001-06-30 | 36.43% |
| 2000-12-31 | 36.43% |
| 2000-06-30 | 12.46% |
| 1999-12-30 | 12.46% |
| 1999-05-31 | -9.07% |
| 1998-11-30 | -9.07% |
| 1998-05-31 | -6.63% |
| 1997-11-30 | -6.63% |
| 1997-05-31 | 13.58% |
| 1996-11-30 | 13.58% |
| 1996-05-31 | 18.81% |
| 1995-11-30 | 18.81% |
| 1995-05-31 | 24.79% |
| 1994-11-30 | 24.79% |
| 1994-05-31 | 22.20% |
| 1993-11-30 | 22.20% |
| 1993-05-31 | 29.74% |
| 1992-11-30 | 29.74% |
| 1992-05-31 | 18.42% |
| 1991-11-30 | 18.42% |
| 1991-05-31 | 16.58% |
| 1990-11-30 | 16.58% |
| 1990-05-31 | 22.56% |
| 1989-11-30 | 22.56% |
| 1989-05-31 | 24.56% |
| 1988-11-30 | 24.56% |
| 1988-05-31 | 16.02% |
| 1987-11-30 | 16.02% |
| 1987-05-31 | 23.47% |
| 1986-11-30 | 23.47% |
