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 38.90% is in line with its 5-year average of 37.95%, near the high end of its 5-year range (33.69%–40.99%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.09% above its 12-month average of 38.86%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
38.90%
GROSS MARGIN AVG TTM
38.86%
GROSS MARGIN AVG 3Y
38.97%
GROSS MARGIN AVG 5Y
38.17%
GROSS MARGIN AVG 10Y
35.17%
GROSS MARGIN AVG 15Y
33.01%
GROSS MARGIN AVG 20Y
31.81%
CURRENT VS TTM AVG
+0.09%
CURRENT VS 3Y AVG
-0.18%
CURRENT VS 5Y AVG
+1.92%
CURRENT VS 10Y AVG
+10.59%
CURRENT VS 15Y AVG
+17.86%
CURRENT VS 20Y AVG
+22.29%
SECTOR MEDIAN · INDUSTRIALS
32.52%
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
+19.62%
vs the sector median at left
Market Cap
$182.57B
Gross Margin
59.38%
TTM Avg
52.45%
3Y Avg
48.40%
5Y Avg
48.13%
Market Cap
$170.32B
Gross Margin
41.69%
TTM Avg
42.36%
3Y Avg
41.16%
5Y Avg
40.51%
Market Cap
$156.90B
Gross Margin
36.89%
TTM Avg
37.89%
3Y Avg
36.35%
5Y Avg
34.68%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Siemens AG (SIEGY) | $236.75B | 38.90% | 38.86% | 38.97% | 38.17% |
| GE Vernova Inc. (GEV)vs › | $270.26B | 20.21% | 18.92% | 16.00% | 15.80% |
| RTX Corporation (RTX)vs › | $286.79B | 20.35% | 19.59% | 19.27% | 18.60% |
| Union Pacific Corporation (UNP)vs › | $182.57B | 59.38% | 52.45% | 48.40% | 48.13% |
| ABB Ltd (ABBNY)vs › | $174.91B | 40.06% | 39.21% | 36.55% | 34.84% |
| Schneider Electric S.E. (SBGSY)vs › | $170.32B | 41.69% | 42.36% | 41.16% | 40.51% |
| Deere & Company (DE)vs › | $169.56B | 35.40% | 36.48% | 37.36% | 34.93% |
| The Boeing Company (BA)vs › | $165.17B | 4.79% | 0.90% | 4.26% | 2.03% |
| Eaton Corporation plc (ETN)vs › | $156.90B | 36.89% | 37.89% | 36.35% | 34.68% |
| Siemens Energy AG (SMEGF)vs › | $143.27B | 18.82% | 15.09% | 11.10% | 10.70% |
Gross Margin
38.9%
(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 |
|---|---|
| 2026-03-31 | 38.90% |
| 2025-12-31 | 39.88% |
| 2025-09-30 | 37.82% |
| 2025-06-30 | 38.90% |
| 2025-03-31 | 38.82% |
| 2024-12-31 | 38.63% |
| 2024-09-30 | 38.09% |
| 2024-06-30 | 40.99% |
| 2024-03-31 | 37.93% |
| 2023-12-31 | 39.66% |
| 2023-09-30 | 40.75% |
| 2023-06-30 | 39.16% |
| 2023-03-31 | 37.08% |
| 2022-12-31 | 38.55% |
| 2022-09-30 | 37.29% |
| 2022-06-30 | 34.86% |
| 2022-03-31 | 33.69% |
| 2021-12-31 | 37.61% |
| 2021-09-30 | 36.16% |
| 2021-06-30 | 36.51% |
| 2021-03-31 | 35.72% |
| 2020-12-31 | 37.81% |
| 2020-09-30 | 34.06% |
| 2020-06-30 | 36.64% |
| 2020-03-31 | 54.41% |
| 2019-12-31 | 36.47% |
| 2019-09-30 | 37.70% |
| 2019-06-30 | 36.26% |
| 2019-03-31 | 31.21% |
| 2018-12-31 | 29.38% |
| 2018-09-30 | 28.82% |
| 2018-06-30 | 29.71% |
| 2018-03-31 | 31.31% |
| 2017-12-31 | 30.07% |
| 2017-09-30 | 28.39% |
| 2017-06-30 | 28.73% |
| 2017-03-31 | 32.30% |
| 2016-12-31 | 31.67% |
| 2016-09-30 | 28.34% |
| 2016-06-30 | 30.25% |
| 2016-03-31 | 30.81% |
| 2015-12-31 | 30.45% |
| 2015-09-30 | 28.04% |
| 2015-06-30 | 28.17% |
| 2015-03-31 | 29.84% |
| 2014-12-31 | 29.70% |
| 2014-09-30 | 27.55% |
| 2014-06-30 | 28.70% |
| 2014-03-31 | 28.39% |
| 2013-12-31 | 30.01% |
| 2013-09-30 | 26.37% |
| 2013-06-30 | 26.96% |
| 2013-03-31 | 28.21% |
| 2012-12-31 | 28.94% |
| 2012-09-30 | 27.85% |
| 2012-06-30 | 28.34% |
| 2012-03-31 | 28.83% |
| 2011-12-31 | 28.47% |
| 2011-09-30 | 28.39% |
| 2011-06-30 | 29.02% |
| 2011-03-31 | 31.17% |
| 2010-12-31 | 32.09% |
| 2010-09-30 | 24.96% |
| 2010-06-30 | 30.42% |
| 2010-03-31 | 28.83% |
| 2009-12-31 | 30.51% |
| 2009-09-30 | 26.01% |
| 2009-06-30 | 27.15% |
| 2009-03-31 | 26.17% |
| 2008-12-31 | 28.73% |
| 2008-09-30 | 22.84% |
| 2008-06-30 | 30.63% |
| 2008-03-31 | 27.17% |
| 2007-12-31 | 28.83% |
| 2007-09-30 | 38.24% |
| 2007-06-30 | 29.83% |
| 2007-03-31 | 29.24% |
| 2006-12-31 | 26.69% |
| 2006-09-30 | 25.08% |
| 2006-06-30 | 25.54% |
| 2006-03-31 | 25.37% |
| 2005-12-31 | 25.16% |
| 2005-09-30 | 27.80% |
| 2005-06-30 | 28.52% |
| 2005-03-31 | 29.63% |
| 2004-12-31 | 30.84% |
| 2004-09-30 | 27.36% |
| 2004-06-30 | 29.78% |
| 2004-03-31 | 28.60% |
| 2003-12-31 | 29.78% |
| 2003-09-30 | 26.94% |
| 2003-06-30 | 29.38% |
| 2003-03-31 | 28.35% |
| 2002-12-31 | 28.03% |
| 2002-09-30 | 27.06% |
| 2002-06-30 | 28.38% |
