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 35.03% is in line with its 5-year average of 31.95%, near the high end of its 5-year range (20.30%–39.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.54% below its 12-month average of 35.94%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
35.03%
GROSS MARGIN AVG TTM
35.94%
GROSS MARGIN AVG 3Y
36.55%
GROSS MARGIN AVG 5Y
31.95%
GROSS MARGIN AVG 10Y
28.72%
GROSS MARGIN AVG 15Y
33.02%
GROSS MARGIN AVG 20Y
37.78%
CURRENT VS TTM AVG
-2.54%
CURRENT VS 3Y AVG
-4.17%
CURRENT VS 5Y AVG
+9.63%
CURRENT VS 10Y AVG
+21.95%
CURRENT VS 15Y AVG
+6.10%
CURRENT VS 20Y AVG
-7.28%
SECTOR MEDIAN · INDUSTRIALS
32.54%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+7.65%
vs the sector median at left
Market Cap
$189.10B
Gross Margin
41.69%
TTM Avg
42.36%
3Y Avg
41.16%
5Y Avg
40.51%
Market Cap
$173.55B
Gross Margin
59.38%
TTM Avg
52.45%
3Y Avg
48.40%
5Y Avg
48.13%
Market Cap
$161.22B
Gross Margin
35.90%
TTM Avg
37.89%
3Y Avg
36.35%
5Y Avg
34.68%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GE Aerospace (GE) | $373.60B | 35.03% | 35.94% | 36.55% | 31.95% |
| Caterpillar Inc. (CAT)vs › | $375.33B | 32.52% | 34.17% | 33.12% | 31.81% |
| RTX Corporation (RTX)vs › | $290.06B | 20.35% | 19.59% | 19.27% | 18.60% |
| Siemens AG (SIEGY)vs › | $250.58B | 38.85% | 38.90% | 38.15% | 37.52% |
| Schneider Electric S.E. (SBGSY)vs › | $189.10B | 41.69% | 42.36% | 41.16% | 40.51% |
| ABB Ltd (ABBNY)vs › | $179.01B | 40.06% | 39.21% | 36.55% | 34.84% |
| Union Pacific Corporation (UNP)vs › | $173.55B | 59.38% | 52.45% | 48.40% | 48.13% |
| The Boeing Company (BA)vs › | $170.83B | 4.68% | 0.90% | 4.26% | 2.03% |
| Eaton Corporation plc (ETN)vs › | $161.22B | 35.90% | 37.89% | 36.35% | 34.68% |
| Deere & Company (DE)vs › | $159.98B | 35.40% | 36.48% | 37.36% | 34.93% |
Gross Margin
35.0%
(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 | 35.03% |
| 2026-03-31 | 36.07% |
| 2025-12-31 | 34.24% |
| 2025-09-30 | 36.49% |
| 2025-06-30 | 37.89% |
| 2025-03-31 | 39.65% |
| 2024-12-31 | 37.45% |
| 2024-09-30 | 36.74% |
| 2024-06-30 | 38.69% |
| 2024-03-31 | 35.83% |
| 2023-12-31 | 25.88% |
| 2023-09-30 | 35.58% |
| 2023-06-30 | 34.98% |
| 2023-03-31 | 25.93% |
| 2022-12-31 | 29.01% |
| 2022-09-30 | 20.30% |
| 2022-06-30 | 25.50% |
| 2022-03-31 | 22.88% |
| 2021-12-31 | 29.61% |
| 2021-09-30 | 27.83% |
| 2021-06-30 | 25.39% |
| 2021-03-31 | 26.56% |
| 2020-12-31 | 34.48% |
| 2020-09-30 | 24.22% |
| 2020-06-30 | 18.88% |
| 2020-03-31 | 25.98% |
| 2019-12-31 | 27.28% |
| 2019-09-30 | 25.82% |
| 2019-06-30 | 25.63% |
| 2019-03-31 | 27.00% |
| 2018-12-31 | 22.25% |
| 2018-09-30 | 23.70% |
| 2018-06-30 | 25.42% |
| 2018-03-31 | 24.75% |
| 2017-12-31 | 20.69% |
| 2017-09-30 | 22.80% |
| 2017-06-30 | 25.69% |
| 2017-03-31 | 24.74% |
| 2016-12-31 | 26.78% |
| 2016-09-30 | 27.80% |
| 2016-06-30 | 26.24% |
| 2016-03-31 | 26.85% |
| 2015-12-31 | -7.38% |
| 2015-09-30 | 28.73% |
| 2015-06-30 | 27.68% |
| 2015-03-31 | 28.41% |
| 2014-12-31 | 45.16% |
| 2014-09-30 | 38.02% |
| 2014-06-30 | 37.33% |
| 2014-05-09 | 44.47% |
| 2013-12-31 | 44.13% |
| 2013-09-30 | 44.88% |
| 2013-06-30 | 47.10% |
| 2013-03-31 | 48.05% |
| 2012-12-31 | 49.05% |
| 2012-09-30 | 47.81% |
| 2012-06-30 | 46.68% |
| 2012-03-31 | 48.24% |
| 2011-12-31 | 46.94% |
| 2011-09-30 | 52.61% |
| 2011-06-30 | 51.11% |
| 2011-03-31 | 56.39% |
| 2010-12-31 | 49.40% |
| 2010-09-30 | 53.00% |
| 2010-06-30 | 53.44% |
| 2010-03-31 | 51.63% |
| 2009-12-31 | 50.52% |
| 2009-09-30 | 50.93% |
| 2009-06-30 | 51.92% |
| 2009-03-31 | 53.00% |
| 2008-12-31 | 50.42% |
| 2008-09-30 | 53.13% |
| 2008-06-30 | 55.75% |
| 2008-03-31 | 57.39% |
| 2007-12-31 | 55.71% |
| 2007-09-30 | 57.05% |
| 2007-06-30 | 58.69% |
| 2007-03-31 | 59.58% |
| 2006-12-31 | 55.73% |
| 2006-09-30 | 56.13% |
| 2006-06-30 | 56.76% |
| 2006-03-31 | 53.56% |
| 2005-12-31 | 29.51% |
| 2005-09-30 | 56.00% |
| 2005-06-30 | 54.58% |
| 2005-03-31 | 54.75% |
| 2004-12-31 | 58.61% |
| 2004-09-30 | 58.45% |
| 2004-06-30 | 58.88% |
| 2004-03-31 | 62.44% |
| 2003-12-31 | 58.85% |
| 2003-09-30 | 63.20% |
| 2003-06-30 | 62.77% |
| 2003-03-31 | 62.96% |
| 2002-12-31 | 59.29% |
| 2002-09-30 | 62.59% |