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 35.76% is in line with its 5-year average of 35.54%, around the middle of its 5-year range (29.76%–43.77%).
1.55% below its 12-month average of 36.32%.
Reported quarterly gross margin; no daily interpolation. Q3 FY2026 (2026-05-31): 33.63%.
GROSS MARGIN
35.76%
GROSS MARGIN AVG TTM
36.32%
GROSS MARGIN AVG 3Y
36.81%
GROSS MARGIN AVG 5Y
35.54%
GROSS MARGIN AVG 10Y
34.17%
GROSS MARGIN AVG 15Y
33.39%
GROSS MARGIN AVG 20Y
34.16%
CURRENT VS TTM AVG
-1.55%
CURRENT VS 3Y AVG
-2.85%
CURRENT VS 5Y AVG
+0.62%
CURRENT VS 10Y AVG
+4.65%
CURRENT VS 15Y AVG
+7.11%
CURRENT VS 20Y AVG
+4.70%
SECTOR MEDIAN · BASIC MATERIALS
25.40%
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
+40.79%
vs the sector median at left
Northern Technologies International Corporation
Market Cap
$73.37M
Gross Margin
35.76%
TTM Avg
36.32%
3Y Avg
36.81%
5Y Avg
35.54%
Market Cap
$78.15M
Gross Margin
-64.26%
TTM Avg
-12.22%
3Y Avg
-6.11%
5Y Avg
-463.50%
Market Cap
$65.59M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$81.14M
Gross Margin
16.07%
TTM Avg
15.69%
3Y Avg
15.60%
5Y Avg
15.60%
Market Cap
$52.71M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$50.80M
Gross Margin
0.72%
TTM Avg
0.68%
3Y Avg
0.62%
5Y Avg
0.62%
Market Cap
$39.52M
Gross Margin
-715.03%
TTM Avg
-509.45%
3Y Avg
-521.23%
5Y Avg
-576.26%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northern Technologies International Corporation (NTIC) | $73.37M | 35.76% | 36.32% | 36.81% | 35.54% |
| Atlas Lithium Corporation (ATLX)vs › | $78.15M | -64.26% | -12.22% | -6.11% | -463.50% |
| Nexmetals Mining Corp. (NEXM)vs › | $65.59M | 0.00% | 0.00% | 0.00% | 0.00% |
| Julong Holding Limited (JLHL)vs › | $81.14M | 16.07% | 15.69% | 15.60% | 15.60% |
| Namib Minerals (NAMM)vs › | $64.02M | 41.45% | 43.31% | 35.91% | 28.73% |
| Electra Battery Materials Corporation (ELBM)vs › | $52.71M | 0.00% | 0.00% | 0.00% | 0.00% |
| Caesarstone Ltd. (CSTE)vs › | $96.12M | 19.70% | 20.13% | 20.04% | 22.39% |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $50.80M | 0.72% | 0.68% | 0.62% | 0.62% |
| Odyssey Marine Exploration, Inc. (OMEX)vs › | $39.52M | -715.03% | -509.45% | -521.23% | -576.26% |
| Largo Inc. (LGO)vs › | $35.65M | -20.71% | -18.72% | 0.14% | 9.97% |
Gross Margin
35.8%
(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 |
|---|---|
| 2026-05-31 | 33.63% |
| 2026-02-28 | 35.72% |
| 2025-11-30 | 35.97% |
| 2025-08-31 | 37.90% |
| 2025-05-31 | 38.40% |
| 2025-02-28 | 35.63% |
| 2024-11-30 | 38.25% |
| 2024-08-31 | 43.77% |
| 2024-05-31 | 38.16% |
| 2024-02-29 | 40.01% |
| 2023-11-30 | 36.34% |
| 2023-08-31 | 35.53% |
| 2023-05-31 | 36.15% |
| 2023-02-28 | 34.50% |
| 2022-11-30 | 31.84% |
| 2022-08-31 | 30.31% |
| 2022-05-31 | 32.91% |
| 2022-02-28 | 29.76% |
| 2021-11-30 | 31.35% |
| 2021-08-31 | 36.03% |
| 2021-05-31 | 34.15% |
| 2021-02-28 | 33.26% |
| 2020-11-30 | 34.95% |
| 2020-08-31 | 34.01% |
| 2020-05-31 | 33.31% |
| 2020-02-29 | 34.36% |
| 2019-11-30 | 32.99% |
| 2019-08-31 | 32.43% |
| 2019-05-31 | 31.93% |
| 2019-02-28 | 30.28% |
| 2018-11-30 | 32.87% |
| 2018-08-31 | 34.40% |
| 2018-05-31 | 33.52% |
| 2018-02-28 | 34.40% |
| 2017-11-30 | 31.66% |
| 2017-08-31 | 35.24% |
| 2017-05-31 | 33.74% |
| 2017-02-28 | 32.86% |
| 2016-11-30 | 31.84% |
| 2016-08-31 | 32.76% |
| 2016-05-31 | 33.49% |
| 2016-02-29 | 31.63% |
| 2015-11-30 | 30.59% |
| 2015-08-31 | 32.16% |
| 2015-05-31 | 32.41% |
| 2015-02-28 | 30.78% |
| 2014-11-30 | 33.37% |
| 2014-08-31 | 33.25% |
| 2014-05-31 | 32.53% |
| 2014-02-28 | 34.85% |
| 2013-11-30 | 34.09% |
| 2013-08-31 | 32.74% |
| 2013-05-31 | 31.01% |
| 2013-02-28 | 30.73% |
| 2012-11-30 | 30.25% |
| 2012-08-31 | 28.52% |
| 2012-05-31 | 46.91% |
| 2012-02-29 | 30.04% |
| 2011-11-30 | 33.58% |
| 2011-08-31 | 34.89% |
| 2011-05-31 | 32.19% |
| 2011-02-28 | 37.08% |
| 2010-11-30 | 34.35% |
| 2010-08-31 | 35.02% |
| 2010-05-31 | 32.88% |
| 2010-02-28 | 36.01% |
| 2009-11-30 | 35.18% |
| 2009-08-31 | 37.96% |
| 2009-05-31 | 40.51% |
| 2009-02-28 | 33.37% |
| 2008-11-30 | 29.90% |
| 2008-08-31 | 40.89% |
| 2008-05-31 | 37.00% |
| 2008-02-29 | 41.73% |
| 2007-11-30 | 39.93% |
| 2007-08-31 | 35.72% |
| 2007-05-31 | 34.75% |
| 2007-02-28 | 36.70% |
| 2006-11-30 | 36.22% |
| 2006-08-31 | 38.06% |
| 2006-05-31 | 36.13% |
| 2006-02-28 | 38.68% |
| 2005-11-30 | 38.03% |
| 2005-08-31 | 36.39% |
| 2005-05-31 | 40.61% |
| 2005-02-28 | 42.83% |
| 2004-11-30 | 38.43% |
| 2004-08-31 | 52.53% |
| 2004-05-31 | 52.88% |
| 2004-02-29 | 43.47% |
| 2003-11-30 | 48.28% |
| 2003-08-31 | 53.69% |
| 2003-05-31 | 50.47% |
| 2003-02-28 | 52.11% |
| 2002-11-30 | 53.73% |
| 2002-08-31 | 56.25% |
