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 26.85% is 13% below its 5-year average of 30.98%, around the middle of its 5-year range (18.05%–43.08%).
3.93% below its 12-month average of 27.95%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
26.85%
GROSS MARGIN AVG TTM
27.95%
GROSS MARGIN AVG 3Y
29.15%
GROSS MARGIN AVG 5Y
30.98%
GROSS MARGIN AVG 10Y
26.30%
GROSS MARGIN AVG 15Y
27.76%
GROSS MARGIN AVG 20Y
32.59%
CURRENT VS TTM AVG
-3.93%
CURRENT VS 3Y AVG
-7.89%
CURRENT VS 5Y AVG
-13.34%
CURRENT VS 10Y AVG
+2.08%
CURRENT VS 15Y AVG
-3.27%
CURRENT VS 20Y AVG
-17.62%
SECTOR MEDIAN · BASIC MATERIALS
34.36%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
-21.85%
vs the sector median at left
Freeport-McMoRan Inc.
Market Cap
$110.16B
Gross Margin
26.85%
TTM Avg
27.95%
3Y Avg
29.15%
5Y Avg
30.98%
Market Cap
$88.66B
Gross Margin
36.65%
TTM Avg
35.81%
3Y Avg
35.26%
5Y Avg
34.71%
Market Cap
$133.91B
Gross Margin
54.52%
TTM Avg
42.20%
3Y Avg
28.07%
5Y Avg
27.14%
Market Cap
$79.16B
Gross Margin
49.07%
TTM Avg
48.70%
3Y Avg
46.55%
5Y Avg
46.05%
Market Cap
$73.89B
Gross Margin
56.11%
TTM Avg
44.83%
3Y Avg
37.88%
5Y Avg
38.89%
Market Cap
$70.44B
Gross Margin
77.30%
TTM Avg
67.33%
3Y Avg
61.05%
5Y Avg
58.74%
Market Cap
$66.30B
Gross Margin
32.06%
TTM Avg
31.95%
3Y Avg
30.06%
5Y Avg
30.75%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. (FCX) | $110.16B | 26.85% | 27.95% | 29.15% | 30.98% |
| Johnson Controls International plc (JCI)vs › | $88.66B | 36.65% | 35.81% | 35.26% | 34.71% |
| Newmont Corporation (NEM)vs › | $133.91B | 54.52% | 42.20% | 28.07% | 27.14% |
| The Sherwin-Williams Company (SHW)vs › | $79.16B | 49.07% | 48.70% | 46.55% | 46.05% |
| Ecolab Inc. (ECL)vs › | $78.27B | 44.11% | 43.99% | 41.63% | 41.51% |
| Barrick Mining Corporation (B)vs › | $73.89B | 56.11% | 44.83% | 37.88% | 38.89% |
| Wheaton Precious Metals Corp. (WPM)vs › | $70.44B | 77.30% | 67.33% | 61.05% | 58.74% |
| Vale S.A. (VALE)vs › | $66.36B | 34.32% | 35.30% | 39.54% | 45.64% |
| Air Products and Chemicals, Inc. (APD)vs › | $66.30B | 32.06% | 31.95% | 30.06% | 30.75% |
| CRH plc (CRH)vs › | $60.55B | 36.13% | 35.92% | 34.78% | 34.13% |
Gross Margin
26.9%
(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 |
|---|---|
| 2026-06-30 | 31.10% |
| 2026-03-31 | 26.55% |
| 2025-12-31 | 18.05% |
| 2025-09-30 | 29.93% |
| 2025-06-30 | 34.11% |
| 2025-03-31 | 22.60% |
| 2024-12-31 | 25.48% |
| 2024-09-30 | 29.70% |
| 2024-06-30 | 30.82% |
| 2024-03-31 | 28.07% |
| 2023-12-31 | 31.37% |
| 2023-09-30 | 29.87% |
| 2023-06-30 | 30.23% |
| 2023-03-31 | 29.66% |
| 2022-12-31 | 25.49% |
| 2022-09-30 | 26.44% |
| 2022-06-30 | 42.16% |
| 2022-03-31 | 43.08% |
| 2021-12-31 | 36.99% |
| 2021-09-30 | 42.37% |
| 2021-06-30 | 36.60% |
| 2021-03-31 | 31.31% |
| 2020-12-31 | 27.46% |
| 2020-09-30 | 23.91% |
| 2020-06-30 | 15.16% |
| 2020-03-31 | -2.53% |
| 2019-12-31 | 10.46% |
| 2019-09-30 | 4.95% |
| 2019-06-30 | 7.57% |
| 2019-03-31 | 8.69% |
| 2018-12-31 | 11.46% |
| 2018-09-30 | 29.38% |
| 2018-06-30 | 35.02% |
| 2018-03-31 | 34.14% |
| 2017-12-31 | 30.95% |
| 2017-09-30 | 27.57% |
| 2017-06-30 | 19.89% |
| 2017-03-31 | 18.83% |
| 2016-12-31 | 20.83% |
| 2016-09-30 | 17.62% |
| 2016-06-30 | -16.35% |
| 2016-03-31 | -114.31% |
| 2015-12-31 | -103.21% |
| 2015-09-30 | -101.93% |
| 2015-06-30 | -51.22% |
| 2015-03-31 | -67.47% |
| 2014-12-31 | -39.47% |
| 2014-09-30 | 22.67% |
| 2014-06-30 | 25.84% |
| 2014-03-31 | 25.72% |
| 2013-12-31 | 32.80% |
| 2013-09-30 | 31.05% |
| 2013-06-30 | 21.11% |
| 2013-03-31 | 33.49% |
| 2012-12-31 | 32.13% |
| 2012-09-30 | 41.32% |
| 2012-06-30 | 34.91% |
| 2012-03-31 | 41.48% |
| 2011-12-31 | 36.09% |
| 2011-09-30 | 45.58% |
| 2011-06-30 | 51.43% |
| 2011-03-31 | 53.42% |
| 2010-12-31 | 57.13% |
| 2010-09-30 | 50.08% |
| 2010-06-30 | 39.47% |
| 2010-03-31 | 49.12% |
| 2009-12-31 | 53.77% |
| 2009-09-30 | 52.08% |
| 2009-06-30 | 43.30% |
| 2009-03-31 | 29.17% |
| 2008-12-31 | -125.64% |
| 2008-09-30 | 37.74% |
| 2008-06-30 | 41.52% |
| 2008-03-31 | 44.64% |
| 2007-12-31 | 10.95% |
| 2007-09-30 | 46.66% |
| 2007-06-30 | 43.71% |
| 2007-03-31 | 58.66% |
| 2006-12-31 | 60.20% |
| 2006-09-30 | 51.42% |
| 2006-06-30 | 57.34% |
| 2006-03-31 | 55.76% |
| 2005-12-31 | 69.36% |
| 2005-09-30 | 55.82% |
| 2005-06-30 | 56.74% |
| 2005-03-31 | 54.31% |
| 2004-12-31 | 52.78% |
| 2004-09-30 | 38.39% |
| 2004-06-30 | 23.58% |
| 2004-03-31 | 22.86% |
| 2003-12-31 | 36.28% |
| 2003-09-30 | 58.02% |
| 2003-06-30 | 54.18% |
| 2003-03-31 | 52.83% |
| 2002-12-31 | 54.50% |
| 2002-09-30 | 55.61% |
