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 39.58% is in line with its 5-year average of 37.80%, near the high end of its 5-year range (35.80%–40.21%).
0.16% below its 12-month average of 39.64%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
39.58%
GROSS MARGIN AVG TTM
39.64%
GROSS MARGIN AVG 3Y
38.62%
GROSS MARGIN AVG 5Y
37.80%
GROSS MARGIN AVG 10Y
37.34%
GROSS MARGIN AVG 15Y
37.59%
GROSS MARGIN AVG 20Y
37.38%
CURRENT VS TTM AVG
-0.16%
CURRENT VS 3Y AVG
+2.47%
CURRENT VS 5Y AVG
+4.72%
CURRENT VS 10Y AVG
+6.01%
CURRENT VS 15Y AVG
+5.29%
CURRENT VS 20Y AVG
+5.88%
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+27.99%
vs the sector median at left
Market Cap
$25.87B
Gross Margin
16.26%
TTM Avg
15.19%
3Y Avg
16.07%
5Y Avg
15.79%
Market Cap
$26.77B
Gross Margin
30.17%
TTM Avg
30.07%
3Y Avg
29.57%
5Y Avg
29.54%
Market Cap
$24.69B
Gross Margin
35.20%
TTM Avg
34.64%
3Y Avg
33.54%
5Y Avg
31.85%
Market Cap
$24.37B
Gross Margin
15.31%
TTM Avg
14.02%
3Y Avg
13.54%
5Y Avg
13.23%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dover Corporation (DOV) | $26.26B | 39.58% | 39.64% | 38.62% | 37.80% |
| nVent Electric plc (NVT)vs › | $26.29B | 36.97% | 38.98% | 38.52% | 38.31% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.87B | 16.26% | 15.19% | 16.07% | 15.79% |
| Otis Worldwide Corporation (OTIS)vs › | $26.77B | 30.17% | 30.07% | 29.57% | 29.54% |
| Xylem Inc. (XYL)vs › | $25.51B | 39.24% | 37.98% | 37.65% | 37.69% |
| Hubbell Incorporated (HUBB)vs › | $24.69B | 35.20% | 34.64% | 33.54% | 31.85% |
| Symbotic Inc. (SYM)vs › | $28.12B | 21.60% | 17.21% | 17.25% | 8.77% |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.37B | 15.31% | 14.02% | 13.54% | 13.23% |
| ATI Inc. (ATI)vs › | $28.41B | 23.35% | 21.37% | 20.29% | 17.15% |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $28.68B | 38.46% | 63.24% | 75.98% | 78.42% |
Gross Margin
39.6%
(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 | 40.21% |
| 2026-03-31 | 38.86% |
| 2025-12-31 | 39.10% |
| 2025-09-30 | 40.12% |
| 2025-06-30 | 39.92% |
| 2025-03-31 | 39.95% |
| 2024-12-31 | 38.64% |
| 2024-09-30 | 38.48% |
| 2024-06-30 | 38.62% |
| 2024-03-31 | 37.01% |
| 2023-12-31 | 37.31% |
| 2023-09-30 | 37.75% |
| 2023-06-30 | 36.13% |
| 2023-03-31 | 35.93% |
| 2022-12-31 | 35.82% |
| 2022-09-30 | 35.80% |
| 2022-06-30 | 36.19% |
| 2022-03-31 | 36.22% |
| 2021-12-31 | 36.27% |
| 2021-09-30 | 37.39% |
| 2021-06-30 | 38.01% |
| 2021-03-31 | 38.63% |
| 2020-12-31 | 36.59% |
| 2020-09-30 | 37.68% |
| 2020-06-30 | 36.79% |
| 2020-03-31 | 36.97% |
| 2019-12-31 | 36.68% |
| 2019-09-30 | 36.90% |
| 2019-06-30 | 37.15% |
| 2019-03-31 | 36.15% |
| 2018-12-31 | 35.65% |
| 2018-09-30 | 37.00% |
| 2018-06-30 | 37.00% |
| 2018-03-31 | 36.81% |
| 2017-12-31 | 36.45% |
| 2017-09-30 | 37.14% |
| 2017-06-30 | 37.65% |
| 2017-03-31 | 36.46% |
| 2016-12-31 | 34.85% |
| 2016-09-30 | 37.00% |
| 2016-06-30 | 37.43% |
| 2016-03-31 | 36.32% |
| 2015-12-31 | 36.22% |
| 2015-09-30 | 37.63% |
| 2015-06-30 | 37.22% |
| 2015-03-31 | 36.56% |
| 2014-12-31 | 37.03% |
| 2014-09-30 | 38.54% |
| 2014-06-30 | 39.14% |
| 2014-03-31 | 39.27% |
| 2013-12-31 | 37.60% |
| 2013-09-30 | 38.98% |
| 2013-06-30 | 39.11% |
| 2013-03-31 | 38.64% |
| 2012-12-31 | 39.52% |
| 2012-09-30 | 38.62% |
| 2012-06-30 | 38.13% |
| 2012-03-31 | 38.17% |
| 2011-12-31 | 39.15% |
| 2011-09-30 | 37.70% |
| 2011-06-30 | 38.90% |
| 2011-03-31 | 39.28% |
| 2010-12-31 | 38.40% |
| 2010-09-30 | 38.33% |
| 2010-06-30 | 38.55% |
| 2010-03-31 | 38.66% |
| 2009-12-31 | 37.53% |
| 2009-09-30 | 37.23% |
| 2009-06-30 | 35.48% |
| 2009-03-31 | 34.96% |
| 2008-12-31 | 35.13% |
| 2008-09-30 | 35.83% |
| 2008-06-30 | 36.78% |
| 2008-03-31 | 36.43% |
| 2007-12-31 | 36.13% |
| 2007-09-30 | 35.83% |
| 2007-06-30 | 35.83% |
| 2007-03-31 | 36.20% |
| 2006-12-31 | 35.44% |
| 2006-09-30 | 35.70% |
| 2006-06-30 | 37.04% |
| 2006-03-31 | 36.28% |
| 2005-12-31 | 34.04% |
| 2005-09-30 | 35.33% |
| 2005-06-30 | 35.18% |
| 2005-03-31 | 34.33% |
| 2004-12-31 | 33.79% |
| 2004-09-30 | 34.14% |
| 2004-06-30 | 34.89% |
| 2004-03-31 | 35.08% |
| 2003-12-31 | 35.13% |
| 2003-09-30 | 34.13% |
| 2003-06-30 | 34.60% |
| 2003-03-31 | 34.82% |
| 2002-12-31 | 32.04% |
| 2002-09-30 | 32.90% |
