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 38.04% is in line with its 5-year average of 37.66%, near the high end of its 5-year range (33.23%–38.81%).
0.12% below its 12-month average of 38.09%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-07-04): 38.27%.
GROSS MARGIN
38.04%
GROSS MARGIN AVG TTM
38.09%
GROSS MARGIN AVG 3Y
38.18%
GROSS MARGIN AVG 5Y
37.66%
GROSS MARGIN AVG 10Y
37.63%
GROSS MARGIN AVG 15Y
38.10%
GROSS MARGIN AVG 20Y
38.33%
CURRENT VS TTM AVG
-0.12%
CURRENT VS 3Y AVG
-0.38%
CURRENT VS 5Y AVG
+1.02%
CURRENT VS 10Y AVG
+1.08%
CURRENT VS 15Y AVG
-0.16%
CURRENT VS 20Y AVG
-0.75%
SECTOR MEDIAN · INDUSTRIALS
26.47%
median of 471 covered companies
CURRENT VS SECTOR MEDIAN
+43.71%
vs the sector median at left
The Middleby Corporation
Market Cap
$4.81B
Gross Margin
38.04%
TTM Avg
38.09%
3Y Avg
38.18%
5Y Avg
37.66%
Market Cap
$4.84B
Gross Margin
28.37%
TTM Avg
25.85%
3Y Avg
28.03%
5Y Avg
28.03%
Market Cap
$4.99B
Gross Margin
26.66%
TTM Avg
24.63%
3Y Avg
25.33%
5Y Avg
28.20%
Market Cap
$4.62B
Gross Margin
8.62%
TTM Avg
10.89%
3Y Avg
10.60%
5Y Avg
10.82%
Market Cap
$4.58B
Gross Margin
8.73%
TTM Avg
7.18%
3Y Avg
8.88%
5Y Avg
10.43%
Market Cap
$4.57B
Gross Margin
36.68%
TTM Avg
32.87%
3Y Avg
33.13%
5Y Avg
34.32%
Market Cap
$5.13B
Gross Margin
17.06%
TTM Avg
18.00%
3Y Avg
19.61%
5Y Avg
20.50%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Middleby Corporation (MIDD) | $4.81B | 38.04% | 38.09% | 38.18% | 37.66% |
| EquipmentShare.com Inc. (EQPT)vs › | $4.84B | 28.37% | 25.85% | 28.03% | 28.03% |
| VSE Corporation (VSEC)vs › | $4.77B | 13.97% | 10.95% | 10.39% | 8.94% |
| Mercury Systems, Inc. (MRCY)vs › | $4.99B | 26.66% | 24.63% | 25.33% | 28.20% |
| MYR Group Inc. (MYRG)vs › | $5.00B | 12.40% | 10.04% | 10.38% | 11.13% |
| Primoris Services Corporation (PRIM)vs › | $4.62B | 8.62% | 10.89% | 10.60% | 10.82% |
| Amentum Holdings, Inc. (AMTM)vs › | $4.58B | 8.73% | 7.18% | 8.88% | 10.43% |
| UniFirst Corporation (UNF)vs › | $4.57B | 36.68% | 32.87% | 33.13% | 34.32% |
| Casella Waste Systems, Inc. (CWST)vs › | $5.13B | 17.06% | 18.00% | 19.61% | 20.50% |
| Karman Holdings Inc. (KRMN)vs › | $4.45B | 41.67% | 39.28% | 37.98% | 37.98% |
Gross Margin
38.0%
(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 |
|---|---|
| 2026-07-04 | 38.27% |
| 2026-04-04 | 38.48% |
| 2026-01-03 | 38.81% |
| 2025-09-27 | 36.79% |
| 2025-06-28 | 37.97% |
| 2025-03-29 | 38.16% |
| 2024-12-31 | 38.36% |
| 2024-09-28 | 37.70% |
| 2024-06-29 | 38.29% |
| 2024-03-30 | 37.37% |
| 2023-12-31 | 38.35% |
| 2023-09-30 | 38.27% |
| 2023-07-01 | 37.81% |
| 2023-04-01 | 37.60% |
| 2022-12-31 | 37.81% |
| 2022-10-01 | 36.79% |
| 2022-07-02 | 35.59% |
| 2022-04-02 | 33.23% |
| 2021-12-31 | 36.43% |
| 2021-10-02 | 36.65% |
| 2021-07-03 | 37.55% |
| 2021-04-03 | 36.39% |
| 2020-12-31 | 35.10% |
| 2020-09-26 | 35.10% |
| 2020-06-27 | 32.44% |
| 2020-03-28 | 36.93% |
| 2019-12-31 | 36.78% |
| 2019-09-28 | 37.30% |
| 2019-06-29 | 37.64% |
| 2019-03-30 | 37.47% |
| 2018-12-31 | 37.08% |
| 2018-09-29 | 36.61% |
| 2018-06-30 | 37.53% |
| 2018-03-31 | 36.19% |
| 2017-12-31 | 37.95% |
| 2017-09-30 | 38.53% |
| 2017-07-01 | 40.50% |
| 2017-04-01 | 39.50% |
| 2016-12-31 | 40.08% |
| 2016-10-01 | 40.35% |
| 2016-07-02 | 40.23% |
| 2016-04-02 | 38.11% |
| 2015-12-31 | 37.19% |
| 2015-10-03 | 39.46% |
| 2015-07-04 | 39.63% |
| 2015-04-04 | 38.75% |
| 2014-12-31 | 38.86% |
| 2014-09-27 | 40.16% |
| 2014-06-28 | 39.12% |
| 2014-03-29 | 38.39% |
| 2013-12-31 | 39.94% |
| 2013-09-28 | 39.29% |
| 2013-06-29 | 37.54% |
| 2013-03-30 | 37.03% |
| 2012-12-31 | 38.83% |
| 2012-09-29 | 38.98% |
| 2012-06-30 | 39.15% |
| 2012-03-31 | 38.23% |
| 2011-12-31 | 40.88% |
| 2011-10-01 | 39.92% |
| 2011-07-02 | 40.47% |
| 2011-04-02 | 39.34% |
| 2010-12-31 | 40.10% |
| 2010-10-02 | 39.76% |
| 2010-07-03 | 40.03% |
| 2010-04-03 | 39.50% |
| 2009-12-31 | 38.35% |
| 2009-10-03 | 40.29% |
| 2009-07-04 | 38.68% |
| 2009-04-04 | 37.88% |
| 2008-12-31 | 38.07% |
| 2008-09-27 | 38.89% |
| 2008-06-28 | 38.62% |
| 2008-03-29 | 36.61% |
| 2007-12-31 | 37.78% |
| 2007-09-29 | 37.79% |
| 2007-06-30 | 39.64% |
| 2007-03-31 | 38.89% |
| 2006-12-31 | 39.73% |
| 2006-09-30 | 39.30% |
| 2006-07-01 | 39.80% |
| 2006-04-01 | 36.72% |
| 2005-12-31 | 38.37% |
| 2005-10-01 | 40.13% |
| 2005-07-02 | 38.83% |
| 2005-04-02 | 36.15% |
| 2004-12-31 | 37.26% |
| 2004-10-02 | 37.37% |
| 2004-07-03 | 39.49% |
| 2004-04-03 | 38.16% |
| 2003-12-31 | 37.24% |
| 2003-09-27 | 38.20% |
| 2003-06-28 | 35.62% |
| 2003-03-29 | 34.79% |
| 2002-12-31 | 34.19% |
| 2002-09-28 | 35.48% |