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 41.31% is in line with its 5-year average of 40.11%, around the middle of its 5-year range (38.31%–42.95%).
0.07% above its 12-month average of 41.28%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 40.83%.
GROSS MARGIN
41.31%
GROSS MARGIN AVG TTM
41.28%
GROSS MARGIN AVG 3Y
40.49%
GROSS MARGIN AVG 5Y
40.11%
GROSS MARGIN AVG 10Y
39.50%
GROSS MARGIN AVG 15Y
38.28%
GROSS MARGIN AVG 20Y
37.86%
CURRENT VS TTM AVG
+0.07%
CURRENT VS 3Y AVG
+2.03%
CURRENT VS 5Y AVG
+2.99%
CURRENT VS 10Y AVG
+4.58%
CURRENT VS 15Y AVG
+7.92%
CURRENT VS 20Y AVG
+9.10%
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 164 covered companies
CURRENT VS SECTOR MEDIAN
+33.58%
vs the sector median at left
Market Cap
$3.87B
Gross Margin
19.27%
TTM Avg
-1.57%
3Y Avg
15.01%
5Y Avg
15.01%
Market Cap
$3.91B
Gross Margin
35.13%
TTM Avg
34.56%
3Y Avg
34.80%
5Y Avg
34.57%
Market Cap
$3.38B
Gross Margin
23.33%
TTM Avg
23.31%
3Y Avg
23.08%
5Y Avg
22.68%
Market Cap
$4.28B
Gross Margin
8.62%
TTM Avg
10.89%
3Y Avg
10.60%
5Y Avg
10.82%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Badger Meter, Inc. (BMI) | $3.75B | 41.31% | 41.28% | 40.49% | 40.11% |
| Firefly Aerospace Inc. (FLY)vs › | $3.87B | 19.27% | -1.57% | 15.01% | 15.01% |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $3.91B | 35.13% | 34.56% | 34.80% | 34.57% |
| Teekay Tankers Ltd. (TNK)vs › | $3.58B | 27.48% | 29.77% | 31.25% | 23.77% |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.38B | 23.33% | 23.31% | 23.08% | 22.68% |
| Exponent, Inc. (EXPO)vs › | $3.28B | 24.60% | 25.23% | 25.25% | 26.89% |
| Primoris Services Corporation (PRIM)vs › | $4.28B | 8.62% | 10.89% | 10.60% | 10.82% |
| KBR, Inc. (KBR)vs › | $4.29B | 14.48% | 14.51% | 14.36% | 13.33% |
| Atkore Inc. (ATKR)vs › | $3.20B | 19.64% | 27.09% | 32.90% | 32.48% |
| CECO Environmental Corp. (CECO)vs › | $4.36B | 32.66% | 33.92% | 32.39% | 32.33% |
Gross Margin
41.3%
(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 | 40.83% |
| 2026-03-31 | 41.69% |
| 2025-12-31 | 42.13% |
| 2025-09-30 | 40.67% |
| 2025-06-30 | 41.08% |
| 2025-03-31 | 42.95% |
| 2024-12-31 | 40.33% |
| 2024-09-30 | 40.24% |
| 2024-06-30 | 39.40% |
| 2024-03-31 | 39.32% |
| 2023-12-31 | 39.17% |
| 2023-09-30 | 39.06% |
| 2023-06-30 | 39.48% |
| 2023-03-31 | 39.48% |
| 2022-12-31 | 38.67% |
| 2022-09-30 | 38.86% |
| 2022-06-30 | 39.73% |
| 2022-03-31 | 38.31% |
| 2021-12-31 | 40.39% |
| 2021-09-30 | 39.76% |
| 2021-06-30 | 40.78% |
| 2021-03-31 | 41.89% |
| 2020-12-31 | 39.22% |
| 2020-09-30 | 39.64% |
| 2020-06-30 | 39.34% |
| 2020-03-31 | 39.93% |
| 2019-12-31 | 38.24% |
| 2019-09-30 | 38.35% |
| 2019-06-30 | 38.90% |
| 2019-03-31 | 38.57% |
| 2018-12-31 | 38.45% |
| 2018-09-30 | 39.72% |
| 2018-06-30 | 36.52% |
| 2018-03-31 | 34.98% |
| 2017-12-31 | 40.35% |
| 2017-09-30 | 37.04% |
| 2017-06-30 | 39.41% |
| 2017-03-31 | 38.04% |
| 2016-12-31 | 36.01% |
| 2016-09-30 | 40.14% |
| 2016-06-30 | 37.95% |
| 2016-03-31 | 38.79% |
| 2015-12-31 | 35.98% |
| 2015-09-30 | 36.32% |
| 2015-06-30 | 35.54% |
| 2015-03-31 | 35.96% |
| 2014-12-31 | 34.58% |
| 2014-09-30 | 37.88% |
| 2014-06-30 | 36.41% |
| 2014-03-31 | 34.67% |
| 2013-12-31 | 35.80% |
| 2013-09-30 | 35.61% |
| 2013-06-30 | 33.78% |
| 2013-03-31 | 34.87% |
| 2012-12-31 | 38.82% |
| 2012-09-30 | 39.40% |
| 2012-06-30 | 36.84% |
| 2012-03-31 | 37.86% |
| 2011-12-31 | 31.93% |
| 2011-09-30 | 32.68% |
| 2011-06-30 | 36.22% |
| 2011-03-31 | 35.63% |
| 2010-12-31 | 38.00% |
| 2010-09-30 | 36.93% |
| 2010-06-30 | 36.38% |
| 2010-03-31 | 37.56% |
| 2009-12-31 | 36.35% |
| 2009-09-30 | 39.01% |
| 2009-06-30 | 39.26% |
| 2009-03-31 | 40.06% |
| 2008-12-31 | 35.70% |
| 2008-09-30 | 34.01% |
| 2008-06-30 | 35.33% |
| 2008-03-31 | 35.84% |
| 2007-12-31 | 34.86% |
| 2007-09-30 | 36.11% |
| 2007-06-30 | 36.24% |
| 2007-03-31 | 30.87% |
| 2006-12-31 | 42.97% |
| 2006-09-30 | 25.88% |
| 2006-06-30 | 33.00% |
| 2006-03-31 | 34.59% |
| 2005-12-31 | 32.09% |
| 2005-09-30 | 34.26% |
| 2005-06-30 | 35.00% |
| 2005-03-31 | 34.84% |
| 2004-12-31 | 32.91% |
| 2004-09-30 | 33.56% |
| 2004-06-30 | 31.71% |
| 2004-03-31 | 33.59% |
| 2003-12-31 | 32.01% |
| 2003-09-30 | 33.11% |
| 2003-06-30 | 33.72% |
| 2003-03-31 | 32.70% |
| 2002-12-31 | 31.63% |
| 2002-09-30 | 34.09% |
