Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 29.44% is in line with its 5-year average of 29.54%, around the middle of its 5-year range (27.92%–30.70%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.52% below its 12-month average of 30.20%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
29.44%
GROSS MARGIN AVG TTM
30.20%
GROSS MARGIN AVG 3Y
29.89%
GROSS MARGIN AVG 5Y
29.54%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-2.52%
CURRENT VS 3Y AVG
-1.52%
CURRENT VS 5Y AVG
-0.36%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
32.83%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
-10.33%
vs the sector median at left
Otis Worldwide Corporation
Market Cap
$28.03B
Gross Margin
29.44%
TTM Avg
30.20%
3Y Avg
29.89%
5Y Avg
29.54%
Market Cap
$27.98B
Gross Margin
37.17%
TTM Avg
37.08%
3Y Avg
37.25%
5Y Avg
36.88%
Market Cap
$26.53B
Gross Margin
35.20%
TTM Avg
34.64%
3Y Avg
33.54%
5Y Avg
31.85%
Market Cap
$26.24B
Gross Margin
36.97%
TTM Avg
38.98%
3Y Avg
38.52%
5Y Avg
38.31%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Otis Worldwide Corporation (OTIS) | $28.03B | 29.44% | 30.20% | 29.89% | 29.54% |
| Curtiss-Wright Corporation (CW)vs › | $27.98B | 37.17% | 37.08% | 37.25% | 36.88% |
| Everpure, Inc. (P)vs › | $27.90B | 70.23% | 70.11% | 70.13% | 69.61% |
| Dover Corporation (DOV)vs › | $28.27B | 39.58% | 38.98% | 38.08% | 37.82% |
| Xylem Inc. (XYL)vs › | $28.53B | 39.24% | 37.98% | 37.65% | 37.69% |
| ATI Inc. (ATI)vs › | $27.31B | 22.53% | 21.37% | 20.29% | 17.15% |
| Copart, Inc. (CPRT)vs › | $27.22B | 45.53% | 45.10% | 45.24% | 46.09% |
| Hubbell Incorporated (HUBB)vs › | $26.53B | 35.20% | 34.64% | 33.54% | 31.85% |
| nVent Electric plc (NVT)vs › | $26.24B | 36.97% | 38.98% | 38.52% | 38.31% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.78B | 16.26% | 15.19% | 16.07% | 15.79% |
Gross Margin
29.4%
(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 | 29.44% |
| 2026-03-31 | 30.34% |
| 2025-12-31 | 30.22% |
| 2025-09-30 | 30.70% |
| 2025-06-30 | 30.29% |
| 2025-03-31 | 29.88% |
| 2024-12-31 | 29.17% |
| 2024-09-30 | 30.38% |
| 2024-06-30 | 29.96% |
| 2024-03-31 | 29.91% |
| 2023-12-31 | 29.50% |
| 2023-09-30 | 29.69% |
| 2023-06-30 | 29.11% |
| 2023-03-31 | 29.77% |
| 2022-12-31 | 27.92% |
| 2022-09-30 | 29.04% |
| 2022-06-30 | 28.18% |
| 2022-03-31 | 29.47% |
| 2021-12-31 | 29.11% |
| 2021-09-30 | 29.28% |
| 2021-06-30 | 29.05% |
| 2021-03-31 | 29.90% |
| 2020-12-31 | 28.97% |
| 2020-09-30 | 29.96% |
| 2020-06-30 | 29.42% |
| 2020-03-31 | 30.24% |
| 2019-12-31 | 28.81% |
| 2019-09-30 | 29.43% |
| 2019-06-30 | 29.36% |
| 2019-03-31 | 29.06% |
