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 6.53% is 44% below its 5-year average of 11.69%, near the low end of its 5-year range (5.38%–22.01%).
As of the fiscal period ended Tuesday, March 31, 2026. 4.16% above its 12-month average of 6.27%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
6.53%
GROSS MARGIN AVG TTM
6.27%
GROSS MARGIN AVG 3Y
8.92%
GROSS MARGIN AVG 5Y
11.69%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+4.16%
CURRENT VS 3Y AVG
-26.78%
CURRENT VS 5Y AVG
-44.10%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
32.82%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-80.09%
vs the sector median at left
Market Cap
$21.00B
Gross Margin
26.79%
TTM Avg
27.27%
3Y Avg
28.25%
5Y Avg
28.77%
Market Cap
$22.96B
Gross Margin
27.83%
TTM Avg
28.84%
3Y Avg
26.63%
5Y Avg
26.48%
Market Cap
$19.89B
Gross Margin
36.35%
TTM Avg
36.03%
3Y Avg
34.38%
5Y Avg
35.10%
Market Cap
$19.47B
Gross Margin
40.41%
TTM Avg
36.55%
3Y Avg
41.41%
5Y Avg
37.00%
Market Cap
$19.44B
Gross Margin
9.66%
TTM Avg
10.16%
3Y Avg
11.55%
5Y Avg
12.91%
Market Cap
$18.63B
Gross Margin
33.79%
TTM Avg
30.91%
3Y Avg
30.71%
5Y Avg
30.89%
Market Cap
$25.12B
Gross Margin
37.99%
TTM Avg
39.80%
3Y Avg
39.03%
5Y Avg
39.78%
Market Cap
$17.22B
Gross Margin
33.66%
TTM Avg
33.30%
3Y Avg
32.71%
5Y Avg
32.55%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dow Inc. (DOW) | $21.56B | 6.53% | 6.27% | 8.92% | 11.69% |
| Reliance Steel & Aluminum Co. (RS)vs › | $21.00B | 26.79% | 27.27% | 28.25% | 28.77% |
| International Paper Company (IP)vs › | $22.96B | 27.83% | 28.84% | 26.63% | 26.48% |
| International Flavors & Fragrances Inc. (IFF)vs › | $19.89B | 36.35% | 36.03% | 34.38% | 35.10% |
| CF Industries Holdings, Inc. (CF)vs › | $19.47B | 40.41% | 36.55% | 41.41% | 37.00% |
| LyondellBasell Industries N.V. (LYB)vs › | $19.44B | 9.66% | 10.16% | 11.55% | 12.91% |
| DuPont de Nemours, Inc. (DD)vs › | $18.63B | 33.79% | 30.91% | 30.71% | 30.89% |
| PPG Industries, Inc. (PPG)vs › | $25.12B | 37.99% | 39.80% | 39.03% | 39.78% |
| CEMEX, S.A.B. de C.V. (CX)vs › | $17.22B | 33.66% | 33.30% | 32.71% | 32.55% |
| Royal Gold, Inc. (RGLD)vs › | $16.41B | 68.47% | 77.79% | 81.15% | 77.22% |
Gross Margin
6.5%
(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 |
|---|---|
| 2026-03-31 | 6.53% |
| 2025-12-31 | 5.79% |
| 2025-09-30 | 6.91% |
| 2025-06-30 | 5.38% |
| 2025-03-31 | 6.75% |
| 2024-12-31 | 8.43% |
| 2024-09-30 | 8.96% |
| 2024-06-30 | 11.38% |
| 2024-03-31 | 12.54% |
| 2023-12-31 | 9.19% |
| 2023-09-30 | 10.40% |
| 2023-06-30 | 13.16% |
| 2023-03-31 | 10.59% |
| 2022-12-31 | 8.61% |
| 2022-09-30 | 11.04% |
| 2022-06-30 | 16.36% |
| 2022-03-31 | 18.56% |
| 2021-12-31 | 17.18% |
| 2021-09-30 | 21.03% |
| 2021-06-30 | 22.01% |
| 2021-03-31 | 14.68% |
| 2020-12-31 | 13.76% |
| 2020-09-30 | 12.90% |
| 2020-06-30 | 7.78% |
| 2020-03-31 | 14.70% |
| 2019-12-31 | 13.59% |
| 2019-09-30 | 11.96% |
| 2019-06-30 | 13.53% |
| 2019-03-31 | 12.63% |
| 2018-12-31 | 26.04% |
| 2018-09-30 | 16.31% |
| 2018-06-30 | 16.66% |
| 2018-03-31 | 21.40% |
