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 28.04% is 14% below its 5-year average of 32.60%, near the low end of its 5-year range (24.99%–52.71%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.35% above its 12-month average of 26.12%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
28.04%
GROSS MARGIN AVG TTM
26.12%
GROSS MARGIN AVG 3Y
27.64%
GROSS MARGIN AVG 5Y
32.60%
GROSS MARGIN AVG 10Y
32.50%
GROSS MARGIN AVG 15Y
30.24%
GROSS MARGIN AVG 20Y
20.46%
CURRENT VS TTM AVG
+7.35%
CURRENT VS 3Y AVG
+1.44%
CURRENT VS 5Y AVG
-13.97%
CURRENT VS 10Y AVG
-13.71%
CURRENT VS 15Y AVG
-7.27%
CURRENT VS 20Y AVG
+37.04%
SECTOR MEDIAN · BASIC MATERIALS
33.99%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-17.50%
vs the sector median at left
Market Cap
$162.29B
Gross Margin
62.26%
TTM Avg
53.20%
3Y Avg
48.86%
5Y Avg
48.78%
Market Cap
$125.56B
Gross Margin
54.52%
TTM Avg
42.20%
3Y Avg
28.07%
5Y Avg
27.14%
Market Cap
$99.38B
Gross Margin
26.85%
TTM Avg
28.23%
3Y Avg
30.36%
5Y Avg
29.31%
Market Cap
$93.33B
Gross Margin
36.65%
TTM Avg
35.81%
3Y Avg
35.26%
5Y Avg
34.71%
Market Cap
$87.90B
Gross Margin
49.07%
TTM Avg
48.70%
3Y Avg
46.55%
5Y Avg
46.05%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rio Tinto Group (RIO) | $165.56B | 28.04% | 26.12% | 27.64% | 32.60% |
| Southern Copper Corporation (SCCO)vs › | $162.29B | 62.26% | 53.20% | 48.86% | 48.78% |
| Newmont Corporation (NEM)vs › | $125.56B | 54.52% | 42.20% | 28.07% | 27.14% |
| Linde plc (LIN)vs › | $223.36B | 45.64% | 39.97% | 36.05% | 33.12% |
| BHP Group Limited (BHP)vs › | $230.84B | 82.72% | 82.19% | 82.42% | 82.88% |
| Freeport-McMoRan Inc. (FCX)vs › | $99.38B | 26.85% | 28.23% | 30.36% | 29.31% |
| Johnson Controls International plc (JCI)vs › | $93.33B | 36.65% | 35.81% | 35.26% | 34.71% |
| The Sherwin-Williams Company (SHW)vs › | $87.90B | 49.07% | 48.70% | 46.55% | 46.05% |
| Ecolab Inc. (ECL)vs › | $79.04B | 44.11% | 43.99% | 41.63% | 41.51% |
| Barrick Mining Corporation (B)vs › | $68.70B | 55.11% | 44.83% | 37.88% | 38.89% |
Gross Margin
28.0%
(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 | 28.04% |
| 2025-12-31 | 25.33% |
| 2025-06-30 | 24.99% |
| 2024-12-31 | 27.82% |
| 2024-06-30 | 32.48% |
| 2023-12-31 | 25.43% |
| 2023-06-30 | 29.41% |
| 2022-12-31 | 29.80% |
| 2022-06-30 | 40.99% |
| 2021-12-31 | 41.57% |
| 2021-06-30 | 52.71% |
| 2020-12-31 | 43.04% |
| 2020-06-30 | 35.46% |
| 2019-12-31 | 33.94% |
| 2019-06-30 | 36.76% |
| 2018-12-31 | 37.62% |
| 2018-06-30 | 32.35% |
| 2017-12-31 | 30.80% |
| 2017-05-31 | 34.51% |
| 2016-12-31 | 27.13% |
| 2016-06-30 | 13.05% |
| 2015-12-31 | 17.39% |
| 2015-06-30 | 22.10% |
| 2014-12-31 | 27.05% |
| 2014-06-30 | 30.59% |
| 2013-12-31 | 32.44% |
| 2013-06-30 | 26.19% |
| 2012-12-31 | 0.00% |
| 2012-06-30 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-06-30 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-06-30 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-06-30 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-06-30 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-06-30 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-06-30 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-06-30 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-06-30 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-06-30 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-06-30 | 0.00% |
| 2001-12-31 | 0.00% |
| 2001-06-30 | 0.00% |
| 2000-12-31 | 0.00% |
| 2000-06-30 | 0.00% |
| 1999-12-31 | 0.00% |
| 1999-06-30 | 0.00% |
| 1998-12-31 | 0.00% |
| 1998-06-30 | 0.00% |
| 1997-12-31 | 0.00% |
| 1996-12-31 | 0.00% |
| 1995-12-31 | 0.00% |
| 1994-12-31 | 0.00% |
| 1993-12-31 | 0.00% |
| 1992-12-31 | 0.00% |
| 1991-12-31 | 0.00% |
| 1990-12-31 | 0.00% |
| 1989-12-31 | 0.00% |
| 1988-12-31 | 0.00% |
| 1987-12-31 | 0.00% |
| 1986-12-31 | 0.00% |
| 1985-12-31 | 0.00% |
