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 54.52% is 76% above its 5-year average of 31.03%, near the high end of its 5-year range (-15.81%–62.44%).
6.17% above its 12-month average of 51.35%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
54.52%
GROSS MARGIN AVG TTM
51.35%
GROSS MARGIN AVG 3Y
39.21%
GROSS MARGIN AVG 5Y
31.03%
GROSS MARGIN AVG 10Y
27.61%
GROSS MARGIN AVG 15Y
27.60%
GROSS MARGIN AVG 20Y
34.72%
CURRENT VS TTM AVG
+6.17%
CURRENT VS 3Y AVG
+39.04%
CURRENT VS 5Y AVG
+75.69%
CURRENT VS 10Y AVG
+97.47%
CURRENT VS 15Y AVG
+97.56%
CURRENT VS 20Y AVG
+57.01%
SECTOR MEDIAN · BASIC MATERIALS
34.36%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+58.70%
vs the sector median at left
Newmont Corporation
Market Cap
$135.20B
Gross Margin
54.52%
TTM Avg
51.35%
3Y Avg
39.21%
5Y Avg
31.03%
Market Cap
$110.38B
Gross Margin
26.85%
TTM Avg
28.23%
3Y Avg
30.36%
5Y Avg
29.31%
Market Cap
$175.22B
Gross Margin
62.26%
TTM Avg
53.20%
3Y Avg
48.86%
5Y Avg
48.78%
Market Cap
$88.26B
Gross Margin
36.65%
TTM Avg
35.81%
3Y Avg
35.26%
5Y Avg
34.71%
Market Cap
$79.14B
Gross Margin
49.07%
TTM Avg
48.70%
3Y Avg
46.55%
5Y Avg
46.05%
Market Cap
$74.25B
Gross Margin
56.11%
TTM Avg
44.83%
3Y Avg
37.88%
5Y Avg
38.89%
Market Cap
$70.61B
Gross Margin
77.30%
TTM Avg
67.33%
3Y Avg
61.05%
5Y Avg
58.74%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Newmont Corporation (NEM) | $135.20B | 54.52% | 51.35% | 39.21% | 31.03% |
| Freeport-McMoRan Inc. (FCX)vs › | $110.38B | 26.85% | 28.23% | 30.36% | 29.31% |
| Rio Tinto Group (RIO)vs › | $169.30B | 28.06% | 42.24% | 44.55% | 52.38% |
| Southern Copper Corporation (SCCO)vs › | $175.22B | 62.26% | 53.20% | 48.86% | 48.78% |
| Johnson Controls International plc (JCI)vs › | $88.26B | 36.65% | 35.81% | 35.26% | 34.71% |
| The Sherwin-Williams Company (SHW)vs › | $79.14B | 49.07% | 48.70% | 46.55% | 46.05% |
| Ecolab Inc. (ECL)vs › | $78.16B | 44.11% | 43.99% | 41.63% | 41.51% |
| Barrick Mining Corporation (B)vs › | $74.25B | 56.11% | 44.83% | 37.88% | 38.89% |
| Wheaton Precious Metals Corp. (WPM)vs › | $70.61B | 77.30% | 67.33% | 61.05% | 58.74% |
| Vale S.A. (VALE)vs › | $66.59B | 34.32% | 35.30% | 39.54% | 45.64% |
Gross Margin
54.5%
(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 | 39.69% |
| 2026-03-31 | 62.44% |
| 2025-12-31 | 58.76% |
| 2025-09-30 | 48.29% |
| 2025-06-30 | 47.58% |
| 2025-03-31 | 41.68% |
| 2024-12-31 | 44.69% |
| 2024-09-30 | 31.59% |
| 2024-06-30 | 32.52% |
| 2024-03-31 | 27.24% |
| 2023-12-31 | -8.04% |
| 2023-09-30 | 15.96% |
| 2023-06-30 | 20.11% |
| 2023-03-31 | 22.58% |
| 2022-12-31 | -0.73% |
| 2022-09-30 | 18.63% |
| 2022-06-30 | 24.82% |
| 2022-03-31 | 29.81% |
| 2021-12-31 | -15.81% |
| 2021-09-30 | 27.25% |
| 2021-06-30 | 35.74% |
| 2021-03-31 | 35.32% |
| 2020-12-31 | 32.00% |
| 2020-09-30 | 37.68% |
| 2020-06-30 | 28.80% |
| 2020-03-31 | 24.00% |
| 2019-12-31 | 23.89% |
| 2019-09-30 | 22.85% |
| 2019-06-30 | 11.45% |
| 2019-03-31 | 24.33% |
| 2018-12-31 | 23.14% |
| 2018-09-30 | 20.81% |
| 2018-06-30 | 19.96% |
| 2018-03-31 | 23.20% |
| 2017-12-31 | 21.31% |
| 2017-09-30 | 21.86% |
| 2017-06-30 | 24.75% |
| 2017-03-31 | 20.95% |
| 2016-12-31 | 14.82% |
| 2016-09-30 | 22.02% |
| 2016-06-30 | 32.63% |
| 2016-03-31 | 30.95% |
| 2015-12-31 | 18.28% |
| 2015-09-30 | 27.99% |
| 2015-06-30 | 32.13% |
| 2015-03-31 | 33.67% |
| 2014-12-31 | 28.81% |
| 2014-09-30 | 13.92% |
| 2014-06-30 | 22.61% |
| 2014-03-31 | 21.71% |
| 2013-12-31 | 15.44% |
| 2013-09-30 | 32.68% |
| 2013-06-30 | -3.76% |
| 2013-03-31 | 39.78% |
| 2012-12-31 | 12.64% |
| 2012-09-30 | 56.13% |
| 2012-06-30 | 55.05% |
| 2012-03-31 | 62.09% |
| 2011-12-31 | 59.49% |
| 2011-09-30 | 59.48% |
| 2011-06-30 | 61.54% |
| 2011-03-31 | 61.87% |
| 2010-12-31 | 73.12% |
| 2010-09-30 | 62.65% |
| 2010-06-30 | 57.69% |
| 2010-03-31 | 59.05% |
| 2009-12-31 | 64.69% |
| 2009-09-30 | 59.98% |
| 2009-06-30 | 53.37% |
| 2009-03-31 | 48.84% |
| 2008-12-31 | 38.30% |
| 2008-09-30 | 37.43% |
| 2008-06-30 | 46.25% |
| 2008-03-31 | 59.29% |
| 2007-12-31 | 59.00% |
| 2007-09-30 | 52.31% |
| 2007-06-30 | 38.02% |
| 2007-03-31 | 32.80% |
| 2006-12-31 | 46.16% |
| 2006-09-30 | 42.65% |
| 2006-06-30 | 48.02% |
| 2006-03-31 | 47.82% |
| 2005-12-31 | 40.61% |
| 2005-09-30 | 44.76% |
| 2005-06-30 | 40.56% |
| 2005-03-31 | 39.96% |
| 2004-12-31 | 36.52% |
| 2004-09-30 | 49.89% |
| 2004-06-30 | 44.75% |
| 2004-03-31 | 49.40% |
| 2003-12-31 | 38.50% |
| 2003-09-30 | 48.40% |
| 2003-06-30 | 41.63% |
| 2003-03-31 | 52.97% |
| 2002-12-31 | 36.87% |
| 2002-09-30 | 40.62% |
