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 27.21% is in line with its 5-year average of 26.96%, near the high end of its 5-year range (19.87%–30.11%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.59% above its 12-month average of 25.06%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
27.21%
GROSS MARGIN AVG TTM
25.06%
GROSS MARGIN AVG 3Y
27.24%
GROSS MARGIN AVG 5Y
27.32%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+8.59%
CURRENT VS 3Y AVG
-0.10%
CURRENT VS 5Y AVG
-0.41%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
33.10%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-17.80%
vs the sector median at left
Carrier Global Corporation
Market Cap
$52.77B
Gross Margin
27.21%
TTM Avg
25.06%
3Y Avg
27.24%
5Y Avg
27.32%
Market Cap
$53.38B
Gross Margin
25.48%
TTM Avg
25.81%
3Y Avg
25.99%
5Y Avg
27.40%
Market Cap
$53.41B
Gross Margin
34.84%
TTM Avg
34.84%
3Y Avg
34.84%
5Y Avg
34.84%
Market Cap
$51.29B
Gross Margin
40.06%
TTM Avg
40.82%
3Y Avg
41.56%
5Y Avg
41.79%
Market Cap
$49.29B
Gross Margin
34.33%
TTM Avg
31.95%
3Y Avg
31.17%
5Y Avg
30.54%
Market Cap
$49.08B
Gross Margin
54.53%
TTM Avg
46.33%
3Y Avg
43.42%
5Y Avg
43.59%
Market Cap
$47.95B
Gross Margin
36.56%
TTM Avg
30.53%
3Y Avg
22.77%
5Y Avg
9.07%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carrier Global Corporation (CARR) | $52.77B | 27.21% | 25.06% | 27.24% | 27.32% |
| L3Harris Technologies, Inc. (LHX)vs › | $53.38B | 25.48% | 25.81% | 25.99% | 27.40% |
| Honeywell Aerospace Inc (HONA)vs › | $53.41B | 34.84% | 34.84% | 34.84% | 34.84% |
| HEICO Corporation (HEI-A)vs › | $51.29B | 40.06% | 40.82% | 41.56% | 41.79% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.29B | 34.33% | 31.95% | 31.17% | 30.54% |
| Rockwell Automation, Inc. (ROK)vs › | $49.08B | 54.53% | 46.33% | 43.42% | 43.59% |
| Ferrovial SE (FER)vs › | $48.24B | 88.32% | 88.06% | 87.00% | 86.04% |
| Rocket Lab USA, Inc. (RKLB)vs › | $47.95B | 36.56% | 30.53% | 22.77% | 9.07% |
| AMETEK, Inc. (AME)vs › | $58.14B | 36.58% | 36.03% | 35.77% | 35.26% |
| Fastenal Company (FAST)vs › | $59.49B | 44.70% | 45.05% | 45.45% | 45.58% |
Gross Margin
27.2%
(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 | 27.21% |
| 2026-03-31 | 23.29% |
| 2025-12-31 | 19.87% |
| 2025-09-30 | 25.97% |
| 2025-06-30 | 28.94% |
| 2025-03-31 | 27.69% |
| 2024-12-31 | 26.11% |
| 2024-09-30 | 28.02% |
| 2024-06-30 | 26.54% |
| 2024-03-31 | 25.55% |
| 2023-12-31 | 28.11% |
| 2023-09-30 | 30.11% |
| 2023-06-30 | 29.29% |
| 2023-03-31 | 26.13% |
| 2022-12-31 | 24.43% |
| 2022-09-30 | 27.10% |
| 2022-06-30 | 27.77% |
| 2022-03-31 | 27.78% |
| 2021-12-31 | 26.61% |
| 2021-09-30 | 29.98% |
| 2021-06-30 | 29.76% |
| 2021-03-31 | 29.67% |
| 2020-12-31 | 27.97% |
| 2020-09-30 | 31.21% |
| 2020-06-30 | 28.73% |
| 2020-03-31 | 28.86% |
| 2019-12-31 | 28.28% |
| 2019-09-30 | 29.99% |
| 2019-06-30 | 29.71% |
| 2019-03-31 | 28.36% |
