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 37.14% is in line with its 5-year average of 34.03%, near the high end of its 5-year range (29.46%–37.26%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.22% above its 12-month average of 36.33%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
37.14%
GROSS MARGIN AVG TTM
36.33%
GROSS MARGIN AVG 3Y
34.89%
GROSS MARGIN AVG 5Y
34.03%
GROSS MARGIN AVG 10Y
38.20%
GROSS MARGIN AVG 15Y
39.68%
GROSS MARGIN AVG 20Y
40.07%
CURRENT VS TTM AVG
+2.22%
CURRENT VS 3Y AVG
+6.45%
CURRENT VS 5Y AVG
+9.15%
CURRENT VS 10Y AVG
-2.78%
CURRENT VS 15Y AVG
-6.40%
CURRENT VS 20Y AVG
-7.32%
SECTOR MEDIAN · BASIC MATERIALS
31.58%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+17.61%
vs the sector median at left
International Flavors & Fragrances Inc.
Market Cap
$19.39B
Gross Margin
37.14%
TTM Avg
36.33%
3Y Avg
34.89%
5Y Avg
34.03%
Market Cap
$19.47B
Gross Margin
9.66%
TTM Avg
10.16%
3Y Avg
11.55%
5Y Avg
12.91%
Market Cap
$19.21B
Gross Margin
40.41%
TTM Avg
36.55%
3Y Avg
41.41%
5Y Avg
37.00%
Market Cap
$18.59B
Gross Margin
33.79%
TTM Avg
30.91%
3Y Avg
30.71%
5Y Avg
30.89%
Market Cap
$20.82B
Gross Margin
26.79%
TTM Avg
27.27%
3Y Avg
28.25%
5Y Avg
28.77%
Market Cap
$17.50B
Gross Margin
33.66%
TTM Avg
33.30%
3Y Avg
32.71%
5Y Avg
32.55%
Market Cap
$22.32B
Gross Margin
27.83%
TTM Avg
28.84%
3Y Avg
26.63%
5Y Avg
26.48%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| International Flavors & Fragrances Inc. (IFF) | $19.39B | 37.14% | 36.33% | 34.89% | 34.03% |
| LyondellBasell Industries N.V. (LYB)vs › | $19.47B | 9.66% | 10.16% | 11.55% | 12.91% |
| CF Industries Holdings, Inc. (CF)vs › | $19.21B | 40.41% | 36.55% | 41.41% | 37.00% |
| DuPont de Nemours, Inc. (DD)vs › | $18.59B | 33.79% | 30.91% | 30.71% | 30.89% |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.82B | 26.79% | 27.27% | 28.25% | 28.77% |
| CEMEX, S.A.B. de C.V. (CX)vs › | $17.50B | 33.66% | 33.30% | 32.71% | 32.55% |
| Dow Inc. (DOW)vs › | $21.55B | 6.16% | 8.18% | 10.33% | 12.12% |
| Royal Gold, Inc. (RGLD)vs › | $17.05B | 68.47% | 77.79% | 81.15% | 77.22% |
| International Paper Company (IP)vs › | $22.32B | 27.83% | 28.84% | 26.63% | 26.48% |
| RPM International Inc. (RPM)vs › | $13.67B | 41.44% | 41.41% | 40.45% | 39.51% |
Gross Margin
37.1%
(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 | 37.14% |
| 2025-12-31 | 34.38% |
| 2025-09-30 | 36.49% |
| 2025-06-30 | 37.26% |
| 2025-03-31 | 36.41% |
| 2024-12-31 | 35.37% |
| 2024-09-30 | 35.97% |
| 2024-06-30 | 36.97% |
| 2024-03-31 | 35.32% |
| 2023-12-31 | 31.82% |
| 2023-09-30 | 32.77% |
| 2023-06-30 | 31.85% |
| 2023-03-31 | 31.85% |
| 2022-12-31 | 30.56% |
| 2022-09-30 | 32.68% |
| 2022-06-30 | 34.35% |
| 2022-03-31 | 35.49% |
| 2021-12-31 | 32.37% |
| 2021-09-30 | 35.49% |
| 2021-06-30 | 29.46% |
| 2021-03-31 | 30.59% |
| 2020-12-31 | 40.45% |
| 2020-09-30 | 41.32% |
| 2020-06-30 | 40.20% |
| 2020-03-31 | 42.02% |
| 2019-12-31 | 39.12% |
| 2019-09-30 | 42.06% |
| 2019-06-30 | 42.29% |
| 2019-03-31 | 40.95% |
| 2018-12-31 | 39.17% |
| 2018-09-30 | 44.15% |
| 2018-06-30 | 43.34% |
| 2018-03-31 | 43.59% |
| 2017-12-31 | 41.85% |
| 2017-09-30 | 43.58% |
| 2017-06-30 | 44.25% |
| 2017-03-31 | 43.84% |
| 2016-12-31 | 42.88% |
| 2016-09-30 | 44.56% |
| 2016-06-30 | 46.08% |
| 2016-03-31 | 45.99% |
| 2015-12-31 | 43.76% |
| 2015-09-30 | 45.37% |
| 2015-06-30 | 44.95% |
| 2015-03-31 | 44.69% |
| 2014-12-31 | 43.38% |
| 2014-09-30 | 43.95% |
| 2014-06-30 | 44.73% |
| 2014-03-31 | 44.33% |
| 2013-12-31 | 43.23% |
| 2013-09-30 | 43.84% |
| 2013-06-30 | 44.08% |
| 2013-03-31 | 42.78% |
| 2012-12-31 | 42.18% |
| 2012-09-30 | 42.53% |
| 2012-06-30 | 41.80% |
| 2012-03-31 | 40.16% |
| 2011-12-31 | 37.93% |
| 2011-09-30 | 39.00% |
| 2011-06-30 | 39.75% |
| 2011-03-31 | 41.65% |
| 2010-12-31 | 40.06% |
| 2010-09-30 | 42.34% |
| 2010-06-30 | 42.81% |
| 2010-03-31 | 41.32% |
| 2009-12-31 | 40.27% |
| 2009-09-30 | 40.62% |
| 2009-06-30 | 40.11% |
| 2009-03-31 | 39.68% |
| 2008-12-31 | 39.81% |
| 2008-09-30 | 39.96% |
| 2008-06-30 | 41.47% |
| 2008-03-31 | 41.15% |
| 2007-12-31 | 40.70% |
| 2007-09-30 | 41.85% |
| 2007-06-30 | 42.89% |
| 2007-03-31 | 41.82% |
| 2006-12-31 | 41.01% |
| 2006-09-30 | 42.47% |
| 2006-06-30 | 42.91% |
| 2006-03-31 | 42.35% |
| 2005-12-31 | 40.47% |
| 2005-09-30 | 41.86% |
| 2005-06-30 | 41.99% |
| 2005-03-31 | 41.04% |
| 2004-12-31 | 42.62% |
| 2004-09-30 | 42.90% |
| 2004-06-30 | 43.58% |
| 2004-03-31 | 42.66% |
| 2003-12-31 | 43.07% |
| 2003-09-30 | 42.15% |
| 2003-06-30 | 42.97% |
| 2003-03-31 | 41.99% |
| 2002-12-31 | 42.90% |
| 2002-09-30 | 43.59% |
| 2002-06-30 | 42.77% |
