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 34.92% is 143% above its 5-year average of 14.39%, near the high end of its 5-year range (11.69%–34.92%).
As of the fiscal period ended Tuesday, March 31, 2026. 85.23% above its 12-month average of 18.85%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
34.92%
GROSS MARGIN AVG TTM
18.85%
GROSS MARGIN AVG 3Y
13.65%
GROSS MARGIN AVG 5Y
13.09%
GROSS MARGIN AVG 10Y
12.94%
GROSS MARGIN AVG 15Y
12.78%
GROSS MARGIN AVG 20Y
18.47%
CURRENT VS TTM AVG
+85.23%
CURRENT VS 3Y AVG
+155.86%
CURRENT VS 5Y AVG
+166.67%
CURRENT VS 10Y AVG
+169.84%
CURRENT VS 15Y AVG
+173.15%
CURRENT VS 20Y AVG
+89.11%
SECTOR MEDIAN · INDUSTRIALS
32.54%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+7.31%
vs the sector median at left
Expeditors International of Washington, Inc.
Market Cap
$22.05B
Gross Margin
34.92%
TTM Avg
18.85%
3Y Avg
13.65%
5Y Avg
13.09%
Market Cap
$22.07B
Gross Margin
17.44%
TTM Avg
16.83%
3Y Avg
17.45%
5Y Avg
12.49%
Market Cap
$21.27B
Gross Margin
51.21%
TTM Avg
51.73%
3Y Avg
51.66%
5Y Avg
51.46%
Market Cap
$23.00B
Gross Margin
60.18%
TTM Avg
59.87%
3Y Avg
58.59%
5Y Avg
58.30%
Market Cap
$23.74B
Gross Margin
5.88%
TTM Avg
11.67%
3Y Avg
10.68%
5Y Avg
10.86%
Market Cap
$24.92B
Gross Margin
35.20%
TTM Avg
34.64%
3Y Avg
33.54%
5Y Avg
31.85%
Market Cap
$25.39B
Gross Margin
37.01%
TTM Avg
38.98%
3Y Avg
38.52%
5Y Avg
38.31%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Expeditors International of Washington, Inc. (EXPD) | $22.05B | 34.92% | 18.85% | 13.65% | 13.09% |
| Southwest Airlines Co. (LUV)vs › | $22.07B | 17.44% | 16.83% | 17.45% | 12.49% |
| Snap-on Incorporated (SNA)vs › | $21.27B | 51.21% | 51.73% | 51.66% | 51.46% |
| Veralto Corporation (VLTO)vs › | $23.00B | 60.18% | 59.87% | 58.59% | 58.30% |
| MasTec, Inc. (MTZ)vs › | $21.10B | 11.47% | 11.39% | 10.38% | 12.09% |
| Equifax Inc. (EFX)vs › | $20.46B | 44.38% | 50.14% | 53.35% | 55.18% |
| XPO Logistics, Inc. (XPO)vs › | $23.74B | 5.88% | 11.67% | 10.68% | 10.86% |
| Hubbell Incorporated (HUBB)vs › | $24.92B | 35.20% | 34.64% | 33.54% | 31.85% |
| nVent Electric plc (NVT)vs › | $25.39B | 37.01% | 38.98% | 38.52% | 38.31% |
| Sterling Infrastructure, Inc. (STRL)vs › | $18.68B | 23.29% | 21.56% | 18.94% | 17.46% |
Gross Margin
34.9%
(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 | 34.92% |
| 2025-12-31 | 14.47% |
| 2025-09-30 | 16.05% |
| 2025-06-30 | 15.59% |
| 2025-03-31 | 13.23% |
| 2024-12-31 | 13.12% |
| 2024-09-30 | 12.63% |
| 2024-06-30 | 12.24% |
| 2024-03-31 | 12.86% |
| 2023-12-31 | 12.07% |
| 2023-09-30 | 13.76% |
| 2023-06-30 | 14.21% |
| 2023-03-31 | 13.53% |
| 2022-12-31 | 12.69% |
| 2022-09-30 | 13.77% |
| 2022-06-30 | 12.78% |
| 2022-03-31 | 11.69% |
| 2021-12-31 | 12.94% |
| 2021-09-30 | 12.84% |
| 2021-06-30 | 13.06% |
| 2021-03-31 | 13.79% |
| 2020-12-31 | 10.84% |
| 2020-09-30 | 12.88% |
| 2020-06-30 | 12.40% |
| 2020-03-31 | 11.46% |
| 2019-12-31 | 11.70% |
| 2019-09-30 | 12.71% |
| 2019-06-30 | 12.37% |
| 2019-03-31 | 11.99% |
| 2018-12-31 | 12.39% |
| 2018-09-30 | 12.35% |
| 2018-06-30 | 12.26% |
| 2018-03-31 | 13.22% |
| 2017-12-31 | 12.98% |
| 2017-09-30 | 13.17% |
| 2017-06-30 | 12.19% |
| 2017-03-31 | 12.62% |
| 2016-12-31 | 13.36% |
| 2016-09-30 | 13.77% |
| 2016-06-30 | 14.97% |
| 2016-03-31 | 13.78% |
| 2015-12-31 | 13.55% |
| 2015-09-30 | 14.36% |
| 2015-06-30 | 13.52% |
| 2015-03-31 | 12.74% |
| 2014-12-31 | 11.60% |
| 2014-09-30 | 11.82% |
| 2014-06-30 | 11.64% |
| 2014-03-31 | 11.47% |
| 2013-12-31 | 10.66% |
| 2013-09-30 | 12.10% |
| 2013-06-30 | 11.97% |
| 2013-03-31 | 11.61% |
| 2012-12-31 | -43.33% |
| 2012-09-30 | 11.81% |
| 2012-06-30 | 11.51% |
| 2012-03-31 | 12.03% |
| 2011-12-31 | 31.70% |
| 2011-09-30 | 30.74% |
| 2011-06-30 | 29.88% |
| 2011-03-31 | 31.07% |
| 2010-12-31 | 32.27% |
| 2010-09-30 | 27.51% |
| 2010-06-30 | 27.62% |
| 2010-03-31 | 30.12% |
| 2009-12-31 | 31.21% |
| 2009-09-30 | 31.65% |
| 2009-06-30 | 38.87% |
| 2009-03-31 | 38.92% |
| 2008-12-31 | 32.20% |
| 2008-09-30 | 28.68% |
| 2008-06-30 | 28.65% |
| 2008-03-31 | 30.12% |
| 2007-12-31 | 42.34% |
| 2007-09-30 | 28.53% |
| 2007-06-30 | 29.42% |
| 2007-03-31 | 26.88% |
| 2006-12-31 | 37.78% |
| 2006-09-30 | 25.30% |
| 2006-06-30 | 23.46% |
| 2006-03-31 | 24.22% |
| 2005-12-31 | 71.41% |
| 2005-09-30 | 24.27% |
| 2005-06-30 | 22.16% |
| 2005-03-31 | 22.36% |
| 2004-12-31 | 20.72% |
| 2004-09-30 | 22.93% |
| 2004-06-30 | 22.18% |
| 2004-03-31 | 23.28% |
| 2003-12-31 | 22.39% |
| 2003-09-30 | 21.37% |
| 2003-06-30 | 22.23% |
| 2003-03-31 | 26.61% |
| 2002-12-31 | 22.96% |
| 2002-09-30 | 22.52% |
| 2002-06-30 | 22.44% |
