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 36.97% is in line with its 5-year average of 38.83%, near the low end of its 5-year range (35.60%–41.58%).
0.79% below its 12-month average of 37.26%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 37.93%.
GROSS MARGIN
36.97%
GROSS MARGIN AVG TTM
37.26%
GROSS MARGIN AVG 3Y
39.14%
GROSS MARGIN AVG 5Y
38.83%
GROSS MARGIN AVG 10Y
38.92%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.79%
CURRENT VS 3Y AVG
-5.55%
CURRENT VS 5Y AVG
-4.79%
CURRENT VS 10Y AVG
-5.01%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+19.55%
vs the sector median at left
nVent Electric plc
Market Cap
$26.34B
Gross Margin
36.97%
TTM Avg
37.26%
3Y Avg
39.14%
5Y Avg
38.83%
Market Cap
$26.01B
Gross Margin
30.17%
TTM Avg
30.07%
3Y Avg
29.57%
5Y Avg
29.54%
Market Cap
$24.59B
Gross Margin
15.31%
TTM Avg
14.02%
3Y Avg
13.54%
5Y Avg
13.23%
Market Cap
$24.50B
Gross Margin
35.20%
TTM Avg
34.64%
3Y Avg
33.54%
5Y Avg
31.85%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nVent Electric plc (NVT) | $26.34B | 36.97% | 37.26% | 39.14% | 38.83% |
| Otis Worldwide Corporation (OTIS)vs › | $26.01B | 30.17% | 30.07% | 29.57% | 29.54% |
| Copart, Inc. (CPRT)vs › | $26.72B | 44.66% | 44.92% | 44.94% | 45.92% |
| Dover Corporation (DOV)vs › | $25.46B | 39.58% | 38.98% | 38.08% | 37.82% |
| Xylem Inc. (XYL)vs › | $25.37B | 39.24% | 37.98% | 37.65% | 37.69% |
| ATI Inc. (ATI)vs › | $25.14B | 23.35% | 21.37% | 20.29% | 17.15% |
| Symbotic Inc. (SYM)vs › | $28.04B | 21.60% | 17.21% | 17.25% | 8.77% |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.59B | 15.31% | 14.02% | 13.54% | 13.23% |
| Hubbell Incorporated (HUBB)vs › | $24.50B | 35.20% | 34.64% | 33.54% | 31.85% |
| Veralto Corporation (VLTO)vs › | $23.37B | 60.18% | 59.87% | 58.59% | 58.30% |
Gross Margin
37.0%
(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 |
|---|---|
| 2026-06-30 | 37.93% |
| 2026-03-31 | 35.88% |
| 2025-12-31 | 36.46% |
| 2025-09-30 | 37.45% |
| 2025-06-30 | 38.60% |
| 2025-03-31 | 38.76% |
| 2024-12-31 | 39.82% |
| 2024-09-30 | 39.78% |
| 2024-06-30 | 41.58% |
| 2024-03-31 | 39.74% |
| 2023-12-31 | 41.08% |
| 2023-09-30 | 40.43% |
| 2023-06-30 | 41.33% |
| 2023-03-31 | 40.94% |
| 2022-12-31 | 39.32% |
| 2022-09-30 | 38.92% |
| 2022-06-30 | 36.81% |
| 2022-03-31 | 35.60% |
| 2021-12-31 | 36.95% |
| 2021-09-30 | 38.97% |
| 2021-06-30 | 39.12% |
| 2021-03-31 | 38.08% |
| 2020-12-31 | 37.80% |
| 2020-09-30 | 38.64% |
| 2020-06-30 | 35.85% |
| 2020-03-31 | 37.49% |
| 2019-12-31 | 38.75% |
| 2019-09-30 | 40.03% |
| 2019-06-30 | 39.33% |
| 2019-03-31 | 39.01% |
| 2018-12-31 | 38.50% |
| 2018-09-30 | 40.63% |
| 2018-06-30 | 40.43% |
| 2018-03-31 | 38.76% |
| 2017-12-31 | 39.38% |
| 2017-09-30 | 40.71% |
| 2017-06-30 | 40.86% |
| 2017-03-31 | 39.57% |
| 2016-12-31 | 38.61% |
