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 31.60% is 70% above its 5-year average of 18.58%, near the high end of its 5-year range (-5.05%–31.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.03% above its 12-month average of 30.09%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
31.60%
GROSS MARGIN AVG TTM
30.09%
GROSS MARGIN AVG 3Y
25.27%
GROSS MARGIN AVG 5Y
18.58%
GROSS MARGIN AVG 10Y
17.51%
GROSS MARGIN AVG 15Y
17.50%
GROSS MARGIN AVG 20Y
17.81%
CURRENT VS TTM AVG
+5.03%
CURRENT VS 3Y AVG
+25.02%
CURRENT VS 5Y AVG
+70.02%
CURRENT VS 10Y AVG
+80.43%
CURRENT VS 15Y AVG
+80.61%
CURRENT VS 20Y AVG
+77.41%
SECTOR MEDIAN · BASIC MATERIALS
32.86%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-3.84%
vs the sector median at left
Carpenter Technology Corporation
Market Cap
$25.82B
Gross Margin
31.60%
TTM Avg
30.09%
3Y Avg
25.27%
5Y Avg
18.58%
Market Cap
$24.57B
Gross Margin
37.99%
TTM Avg
39.80%
3Y Avg
39.03%
5Y Avg
39.78%
Market Cap
$21.62B
Gross Margin
27.75%
TTM Avg
28.84%
3Y Avg
26.63%
5Y Avg
26.48%
Market Cap
$20.73B
Gross Margin
26.89%
TTM Avg
27.27%
3Y Avg
28.25%
5Y Avg
28.77%
Market Cap
$20.23B
Gross Margin
36.35%
TTM Avg
36.03%
3Y Avg
34.38%
5Y Avg
35.10%
Market Cap
$31.53B
Gross Margin
28.23%
TTM Avg
29.36%
3Y Avg
27.92%
5Y Avg
27.18%
Market Cap
$20.04B
Gross Margin
9.00%
TTM Avg
10.16%
3Y Avg
11.55%
5Y Avg
12.91%
Market Cap
$19.23B
Gross Margin
40.41%
TTM Avg
36.55%
3Y Avg
41.41%
5Y Avg
37.00%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carpenter Technology Corporation (CRS) | $25.82B | 31.60% | 30.09% | 25.27% | 18.58% |
| PPG Industries, Inc. (PPG)vs › | $24.57B | 37.99% | 39.80% | 39.03% | 39.78% |
| Dow Inc. (DOW)vs › | $21.88B | 9.79% | 8.18% | 10.33% | 12.12% |
| International Paper Company (IP)vs › | $21.62B | 27.75% | 28.84% | 26.63% | 26.48% |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.73B | 26.89% | 27.27% | 28.25% | 28.77% |
| International Flavors & Fragrances Inc. (IFF)vs › | $20.23B | 36.35% | 36.03% | 34.38% | 35.10% |
| Martin Marietta Materials, Inc. (MLM)vs › | $31.53B | 28.23% | 29.36% | 27.92% | 27.18% |
| LyondellBasell Industries N.V. (LYB)vs › | $20.04B | 9.00% | 10.16% | 11.55% | 12.91% |
| CF Industries Holdings, Inc. (CF)vs › | $19.23B | 40.41% | 36.55% | 41.41% | 37.00% |
| DuPont de Nemours, Inc. (DD)vs › | $18.50B | 33.79% | 30.91% | 30.71% | 30.89% |
Gross Margin
31.6%
(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 | 31.60% |
| 2026-03-31 | 31.03% |
| 2025-12-31 | 29.99% |
| 2025-09-30 | 29.49% |
| 2025-06-30 | 28.32% |
| 2025-03-31 | 27.62% |
| 2024-12-31 | 26.22% |
| 2024-09-30 | 24.57% |
| 2024-06-30 | 23.87% |
| 2024-03-31 | 21.46% |
| 2023-12-31 | 19.64% |
| 2023-09-30 | 19.04% |
| 2023-06-30 | 15.71% |
| 2023-03-31 | 13.55% |
| 2022-12-31 | 12.09% |
| 2022-09-30 | 10.48% |
| 2022-06-30 | 12.77% |
| 2022-03-31 | 8.08% |
| 2021-12-31 | 3.31% |
| 2021-09-30 | 6.50% |
| 2021-06-30 | -5.05% |
| 2021-03-31 | 3.64% |
| 2020-12-31 | 1.72% |
| 2020-09-30 | 0.99% |
| 2020-06-30 | -1.23% |
| 2020-03-31 | 18.71% |
| 2019-12-31 | 19.65% |
| 2019-09-30 | 19.23% |
| 2019-06-30 | 19.16% |
| 2019-03-31 | 20.20% |
| 2018-12-31 | 19.23% |
| 2018-09-30 | 16.02% |
| 2018-06-30 | 18.59% |
| 2018-03-31 | 16.78% |
| 2017-12-31 | 17.57% |
| 2017-09-30 | 17.86% |
| 2017-06-30 | 18.26% |
| 2017-03-31 | 17.55% |
| 2016-12-31 | 14.62% |
| 2016-09-30 | 11.83% |
| 2016-06-30 | 16.06% |
| 2016-03-31 | 10.41% |
| 2015-12-31 | 14.94% |
| 2015-09-30 | 15.06% |
| 2015-06-30 | 15.85% |
| 2015-03-31 | 13.28% |
| 2014-12-31 | 15.50% |
| 2014-09-30 | 12.57% |
| 2014-06-30 | 17.48% |
| 2014-03-31 | 16.69% |
| 2013-12-31 | 18.95% |
| 2013-09-30 | 20.72% |
| 2013-06-30 | 19.70% |
| 2013-03-31 | 17.37% |
| 2012-12-31 | 19.23% |
| 2012-09-30 | 20.06% |
| 2012-06-30 | 18.71% |
| 2012-03-31 | 19.47% |
| 2011-12-31 | 19.55% |
| 2011-09-30 | 19.58% |
| 2011-06-30 | 15.92% |
| 2011-03-31 | 15.75% |
| 2010-12-31 | 13.07% |
| 2010-09-30 | 14.16% |
| 2010-06-30 | 12.00% |
| 2010-03-31 | 13.74% |
| 2009-12-31 | 13.50% |
| 2009-09-30 | 8.22% |
| 2009-06-30 | 3.31% |
| 2009-03-31 | 14.91% |
| 2008-12-31 | 20.98% |
| 2008-09-30 | 17.81% |
| 2008-06-30 | 20.89% |
| 2008-03-31 | 21.43% |
| 2007-12-31 | 26.30% |
| 2007-09-30 | 25.74% |
| 2007-06-30 | 22.98% |
| 2007-03-31 | 23.72% |
| 2006-12-31 | 21.65% |
| 2006-09-30 | 25.69% |
| 2006-06-30 | 28.10% |
| 2006-03-31 | 29.13% |
| 2005-12-31 | 27.13% |
| 2005-09-30 | 26.50% |
| 2005-06-30 | 25.63% |
| 2005-03-31 | 24.90% |
| 2004-12-31 | 23.87% |
| 2004-09-30 | 21.30% |
| 2004-06-30 | 21.19% |
| 2004-03-31 | 17.58% |
| 2003-12-31 | 17.63% |
| 2003-09-30 | 15.94% |
| 2003-06-30 | 22.74% |
| 2003-03-31 | 15.30% |
| 2002-12-31 | 17.08% |
| 2002-09-30 | 15.72% |
