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 26.20% is 20% above its 5-year average of 21.77%, near the high end of its 5-year range (14.29%–31.09%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.18% below its 12-month average of 26.78%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
26.20%
GROSS MARGIN AVG TTM
26.78%
GROSS MARGIN AVG 3Y
22.42%
GROSS MARGIN AVG 5Y
21.77%
GROSS MARGIN AVG 10Y
22.64%
GROSS MARGIN AVG 15Y
22.80%
GROSS MARGIN AVG 20Y
22.04%
CURRENT VS TTM AVG
-2.18%
CURRENT VS 3Y AVG
+16.85%
CURRENT VS 5Y AVG
+20.37%
CURRENT VS 10Y AVG
+15.71%
CURRENT VS 15Y AVG
+14.88%
CURRENT VS 20Y AVG
+18.86%
SECTOR MEDIAN · INDUSTRIALS
31.38%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-16.51%
vs the sector median at left
Trinity Industries, Inc.
Market Cap
$2.92B
Gross Margin
26.20%
TTM Avg
26.78%
3Y Avg
22.42%
5Y Avg
21.77%
Market Cap
$2.26B
Gross Margin
36.31%
TTM Avg
61.49%
3Y Avg
44.47%
5Y Avg
42.81%
Market Cap
$2.20B
Gross Margin
5.80%
TTM Avg
8.49%
3Y Avg
11.43%
5Y Avg
13.77%
Market Cap
$1.87B
Gross Margin
49.05%
TTM Avg
50.35%
3Y Avg
49.12%
5Y Avg
47.75%
Market Cap
$4.06B
Gross Margin
10.38%
TTM Avg
10.89%
3Y Avg
10.60%
5Y Avg
10.82%
Market Cap
$1.39B
Gross Margin
30.86%
TTM Avg
31.70%
3Y Avg
33.06%
5Y Avg
32.90%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Trinity Industries, Inc. (TRN) | $2.92B | 26.20% | 26.78% | 22.42% | 21.77% |
| Teekay Tankers Ltd. (TNK)vs › | $2.71B | 34.88% | 29.77% | 31.25% | 23.77% |
| NuScale Power Corporation (SMR)vs › | $2.26B | 36.31% | 61.49% | 44.47% | 42.81% |
| Werner Enterprises, Inc. (WERN)vs › | $2.20B | 5.80% | 8.49% | 11.43% | 13.77% |
| Enerpac Tool Group Corp. (EPAC)vs › | $1.87B | 49.05% | 50.35% | 49.12% | 47.75% |
| Griffon Corporation (GFF)vs › | $4.02B | 42.62% | 40.44% | 37.39% | 34.38% |
| Primoris Services Corporation (PRIM)vs › | $4.06B | 10.38% | 10.89% | 10.60% | 10.82% |
| Preformed Line Products Company (PLPC)vs › | $1.39B | 30.86% | 31.70% | 33.06% | 32.90% |
| KBR, Inc. (KBR)vs › | $4.56B | 14.50% | 14.51% | 14.36% | 13.33% |
| Upwork Inc. (UPWK)vs › | $1.18B | 77.54% | 77.59% | 76.13% | 74.94% |
Gross Margin
26.2%
(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 | 26.20% |
| 2025-12-31 | 25.02% |
| 2025-09-30 | 30.87% |
| 2025-06-30 | 26.73% |
| 2025-03-31 | 25.09% |
| 2024-12-31 | 24.63% |
| 2024-09-30 | 21.22% |
| 2024-06-30 | 21.27% |
| 2024-03-31 | 20.16% |
| 2023-12-31 | 20.17% |
| 2023-09-30 | 17.27% |
| 2023-06-30 | 16.78% |
| 2023-03-31 | 16.08% |
| 2022-12-31 | 17.08% |
| 2022-09-30 | 20.40% |
| 2022-06-30 | 21.88% |
| 2022-03-31 | 15.70% |
| 2021-12-31 | 14.29% |
| 2021-09-30 | 19.63% |
| 2021-06-30 | 31.09% |
| 2021-03-31 | 25.52% |
| 2020-12-31 | 28.95% |
| 2020-09-30 | 27.19% |
| 2020-06-30 | 22.11% |
| 2020-03-31 | 21.65% |
| 2019-12-31 | 20.69% |
| 2019-09-30 | 20.22% |
| 2019-06-30 | 21.40% |
| 2019-03-31 | 23.38% |
| 2018-12-31 | 19.66% |
| 2018-09-30 | 19.22% |
| 2018-06-30 | 23.79% |
| 2018-03-31 | 24.20% |
| 2017-12-31 | 24.79% |
| 2017-09-30 | 25.82% |
| 2017-06-30 | 24.69% |
| 2017-03-31 | 24.80% |
| 2016-12-31 | 23.79% |
| 2016-09-30 | 25.58% |
| 2016-06-30 | 24.24% |
| 2016-03-31 | 25.09% |
| 2015-12-31 | 27.85% |
| 2015-09-30 | 28.06% |
| 2015-06-30 | 27.27% |
| 2015-03-31 | 25.55% |
| 2014-12-31 | 23.24% |
| 2014-09-30 | 24.99% |
| 2014-06-30 | 26.06% |
| 2014-03-31 | 26.46% |
| 2013-12-31 | 23.35% |
| 2013-09-30 | 24.68% |
| 2013-06-30 | 23.82% |
| 2013-03-31 | 23.78% |
| 2012-12-31 | 22.02% |
| 2012-09-30 | 19.40% |
| 2012-06-30 | 20.13% |
| 2012-03-31 | 18.24% |
| 2011-12-31 | 16.80% |
| 2011-09-30 | 19.87% |
| 2011-06-30 | 20.11% |
| 2011-03-31 | 21.08% |
| 2010-12-31 | 19.20% |
| 2010-09-30 | 24.15% |
| 2010-06-30 | 22.91% |
| 2010-03-31 | 22.11% |
| 2009-12-31 | 20.84% |
| 2009-09-30 | 19.29% |
| 2009-06-30 | 18.15% |
| 2009-03-31 | 16.66% |
| 2008-12-31 | 19.10% |
| 2008-09-30 | 19.56% |
| 2008-06-30 | 22.74% |
| 2008-03-31 | 20.29% |
| 2007-12-31 | 18.73% |
| 2007-09-30 | 20.18% |
| 2007-06-30 | 18.90% |
| 2007-03-31 | 19.65% |
| 2006-12-31 | 18.73% |
| 2006-09-30 | 18.53% |
| 2006-06-30 | 17.89% |
| 2006-03-31 | 16.68% |
| 2005-12-31 | 12.79% |
| 2005-09-30 | 14.80% |
| 2005-06-30 | 12.58% |
| 2005-03-31 | 9.92% |
| 2004-12-31 | 7.57% |
| 2004-09-30 | 8.41% |
| 2004-06-30 | 10.44% |
| 2004-03-31 | 6.55% |
| 2003-12-31 | 11.15% |
| 2003-09-30 | 14.28% |
| 2003-06-30 | 13.86% |
| 2003-03-31 | 9.72% |
| 2002-12-31 | 11.53% |
| 2002-09-30 | 13.62% |
| 2002-06-30 | 11.99% |