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 25.48% is in line with its 5-year average of 26.65%, near the low end of its 5-year range (24.41%–30.93%).
0.03% below its 12-month average of 25.49%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-07-03): 25.54%.
GROSS MARGIN
25.48%
GROSS MARGIN AVG TTM
25.49%
GROSS MARGIN AVG 3Y
25.78%
GROSS MARGIN AVG 5Y
26.65%
GROSS MARGIN AVG 10Y
29.74%
GROSS MARGIN AVG 15Y
31.00%
GROSS MARGIN AVG 20Y
31.63%
CURRENT VS TTM AVG
-0.03%
CURRENT VS 3Y AVG
-1.18%
CURRENT VS 5Y AVG
-4.38%
CURRENT VS 10Y AVG
-14.32%
CURRENT VS 15Y AVG
-17.82%
CURRENT VS 20Y AVG
-19.45%
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-17.61%
vs the sector median at left
L3Harris Technologies, Inc.
Market Cap
$45.72B
Gross Margin
25.48%
TTM Avg
25.49%
3Y Avg
25.78%
5Y Avg
26.65%
Market Cap
$45.31B
Gross Margin
40.40%
TTM Avg
40.82%
3Y Avg
41.56%
5Y Avg
41.79%
Market Cap
$47.37B
Gross Margin
24.34%
TTM Avg
26.23%
3Y Avg
26.14%
5Y Avg
27.14%
Market Cap
$47.67B
Gross Margin
54.53%
TTM Avg
46.33%
3Y Avg
43.42%
5Y Avg
43.59%
Market Cap
$47.84B
Gross Margin
34.33%
TTM Avg
31.95%
3Y Avg
31.17%
5Y Avg
30.54%
Market Cap
$42.50B
Gross Margin
75.80%
TTM Avg
75.56%
3Y Avg
76.06%
5Y Avg
76.66%
Market Cap
$50.16B
Gross Margin
34.84%
TTM Avg
35.23%
3Y Avg
36.26%
5Y Avg
36.26%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| L3Harris Technologies, Inc. (LHX) | $45.72B | 25.48% | 25.49% | 25.78% | 26.65% |
| HEICO Corporation (HEI-A)vs › | $45.31B | 40.40% | 40.82% | 41.56% | 41.79% |
| Carrier Global Corporation (CARR)vs › | $47.37B | 24.34% | 26.23% | 26.14% | 27.14% |
| HEICO Corporation (HEI)vs › | $44.03B | 40.40% | 40.82% | 41.56% | 41.79% |
| Rockwell Automation, Inc. (ROK)vs › | $47.67B | 54.53% | 46.33% | 43.42% | 43.59% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $47.84B | 34.33% | 31.95% | 31.17% | 30.54% |
| Ferguson plc (FERG)vs › | $43.16B | 30.55% | 30.83% | 30.64% | 30.64% |
| Thomson Reuters Corporation (TRI)vs › | $42.50B | 75.80% | 75.56% | 76.06% | 76.66% |
| Honeywell Aerospace Inc (HONA)vs › | $50.16B | 34.84% | 35.23% | 36.26% | 36.26% |
| Paychex, Inc. (PAYX)vs › | $41.19B | 74.29% | 73.32% | 72.40% | 71.47% |
Gross Margin
25.5%
(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 |
|---|---|
| 2026-07-03 | 25.54% |
| 2026-04-03 | 24.41% |
| 2026-01-02 | 25.60% |
| 2025-10-03 | 26.40% |
| 2025-06-27 | 24.60% |
| 2025-03-28 | 26.31% |
| 2025-01-03 | 25.29% |
| 2024-09-27 | 26.81% |
| 2024-06-28 | 25.67% |
| 2024-03-29 | 25.87% |
| 2023-12-29 | 26.31% |
| 2023-09-29 | 26.59% |
| 2023-06-30 | 25.29% |
| 2023-03-31 | 26.08% |
| 2022-12-30 | 27.57% |
| 2022-09-30 | 28.12% |
| 2022-07-01 | 29.70% |
| 2022-04-01 | 30.29% |
| 2021-12-31 | 29.82% |
| 2021-10-01 | 30.93% |
| 2021-07-02 | 30.36% |
| 2021-04-02 | 29.65% |
| 2021-01-01 | 30.02% |
| 2020-10-02 | 29.37% |
| 2020-07-03 | 28.57% |
| 2020-04-03 | 28.71% |
| 2019-12-31 | 27.90% |
| 2019-09-27 | 26.83% |
| 2019-06-28 | 34.42% |
| 2019-03-29 | 34.09% |
| 2018-12-28 | 34.27% |
| 2018-09-28 | 34.50% |
| 2018-06-29 | 38.36% |
| 2018-03-30 | 34.19% |
| 2017-12-29 | 33.42% |
| 2017-09-29 | 34.82% |
| 2017-06-30 | 33.92% |
| 2017-03-31 | 35.66% |
| 2016-12-30 | 36.51% |
| 2016-09-30 | 36.83% |
| 2016-07-01 | 30.72% |
| 2016-04-01 | 34.90% |
| 2016-01-01 | 31.18% |
| 2015-10-02 | 32.63% |
| 2015-07-03 | 32.35% |
| 2015-04-03 | 36.48% |
| 2015-01-02 | 33.00% |
| 2014-09-26 | 34.03% |
| 2014-06-27 | 32.33% |
| 2014-03-28 | 33.65% |
| 2013-12-27 | 34.97% |
| 2013-09-27 | 35.02% |
| 2013-06-28 | 34.70% |
| 2013-03-29 | 33.25% |
| 2012-12-28 | 34.31% |
| 2012-09-28 | 32.75% |
| 2012-06-29 | 30.86% |
| 2012-03-30 | 35.72% |
| 2011-12-30 | 34.67% |
| 2011-09-30 | 33.10% |
| 2011-07-01 | 34.47% |
| 2011-04-01 | 36.54% |
| 2010-12-31 | 34.62% |
| 2010-10-01 | 37.31% |
| 2010-07-02 | 36.55% |
| 2010-04-02 | 38.32% |
| 2010-01-01 | 36.06% |
| 2009-10-02 | 32.49% |
| 2009-07-03 | 36.41% |
| 2009-04-03 | 32.51% |
| 2009-01-02 | 30.60% |
| 2008-09-26 | 32.47% |
| 2008-06-27 | 30.92% |
| 2008-03-28 | 29.76% |
| 2007-12-28 | 31.08% |
| 2007-09-28 | 30.95% |
| 2007-06-29 | 31.48% |
| 2007-03-30 | 32.94% |
| 2006-12-29 | 32.72% |
| 2006-09-29 | 32.31% |
| 2006-06-30 | 34.36% |
| 2006-03-31 | 33.70% |
| 2005-12-30 | 28.04% |
| 2005-09-30 | 29.37% |
| 2005-07-01 | 28.81% |
| 2005-04-01 | 29.10% |
| 2004-12-31 | 26.72% |
| 2004-10-01 | 24.69% |
| 2004-07-02 | 24.24% |
| 2004-04-02 | 24.66% |
| 2004-01-02 | 25.85% |
| 2003-09-26 | 24.49% |
| 2003-06-27 | 22.94% |
| 2003-03-28 | 24.87% |
| 2002-12-27 | 25.81% |
| 2002-09-27 | 25.52% |