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 37.52% is in line with its 5-year average of 34.20%, around the middle of its 5-year range (29.46%–43.65%).
0.70% below its 12-month average of 37.78%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
37.52%
GROSS MARGIN AVG TTM
37.78%
GROSS MARGIN AVG 3Y
35.14%
GROSS MARGIN AVG 5Y
34.20%
GROSS MARGIN AVG 10Y
38.14%
GROSS MARGIN AVG 15Y
39.71%
GROSS MARGIN AVG 20Y
40.09%
CURRENT VS TTM AVG
-0.70%
CURRENT VS 3Y AVG
+6.76%
CURRENT VS 5Y AVG
+9.71%
CURRENT VS 10Y AVG
-1.64%
CURRENT VS 15Y AVG
-5.52%
CURRENT VS 20Y AVG
-6.41%
SECTOR MEDIAN · BASIC MATERIALS
34.36%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+9.21%
vs the sector median at left
International Flavors & Fragrances Inc.
Market Cap
$21.57B
Gross Margin
37.52%
TTM Avg
37.78%
3Y Avg
35.14%
5Y Avg
34.20%
Market Cap
$21.53B
Gross Margin
29.32%
TTM Avg
29.31%
3Y Avg
38.34%
5Y Avg
36.34%
Market Cap
$21.16B
Gross Margin
42.54%
TTM Avg
36.55%
3Y Avg
41.41%
5Y Avg
37.00%
Market Cap
$20.91B
Gross Margin
13.16%
TTM Avg
10.16%
3Y Avg
11.55%
5Y Avg
12.91%
Market Cap
$22.82B
Gross Margin
30.58%
TTM Avg
28.64%
3Y Avg
22.92%
5Y Avg
16.65%
Market Cap
$20.20B
Gross Margin
26.89%
TTM Avg
27.27%
3Y Avg
28.25%
5Y Avg
28.77%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| International Flavors & Fragrances Inc. (IFF) | $21.57B | 37.52% | 37.78% | 35.14% | 34.20% |
| Sociedad Química y Minera de Chile S.A. (SQM)vs › | $21.53B | 29.32% | 29.31% | 38.34% | 36.34% |
| Dow Inc. (DOW)vs › | $21.36B | 9.79% | 8.18% | 10.33% | 12.12% |
| Coeur Mining, Inc. (CDE)vs › | $21.85B | 39.30% | 39.35% | 28.15% | 30.98% |
| CF Industries Holdings, Inc. (CF)vs › | $21.16B | 42.54% | 36.55% | 41.41% | 37.00% |
| LyondellBasell Industries N.V. (LYB)vs › | $20.91B | 13.16% | 10.16% | 11.55% | 12.91% |
| Royal Gold, Inc. (RGLD)vs › | $22.44B | 66.79% | 77.79% | 81.15% | 77.22% |
| Carpenter Technology Corporation (CRS)vs › | $22.82B | 30.58% | 28.64% | 22.92% | 16.65% |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.20B | 26.89% | 27.27% | 28.25% | 28.77% |
| PPG Industries, Inc. (PPG)vs › | $23.98B | 40.09% | 39.80% | 39.03% | 39.78% |
Gross Margin
37.5%
(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 |
|---|---|
| 2026-06-30 | 43.65% |
| 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% |