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 39.27% is in line with its 5-year average of 37.42%, around the middle of its 5-year range (33.40%–42.54%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.54% above its 12-month average of 36.86%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
39.27%
GROSS MARGIN AVG TTM
36.86%
GROSS MARGIN AVG 3Y
37.08%
GROSS MARGIN AVG 5Y
37.42%
GROSS MARGIN AVG 10Y
36.81%
GROSS MARGIN AVG 15Y
37.82%
GROSS MARGIN AVG 20Y
36.82%
CURRENT VS TTM AVG
+6.54%
CURRENT VS 3Y AVG
+5.92%
CURRENT VS 5Y AVG
+4.96%
CURRENT VS 10Y AVG
+6.70%
CURRENT VS 15Y AVG
+3.85%
CURRENT VS 20Y AVG
+6.65%
SECTOR MEDIAN · INDUSTRIALS
32.83%
median of 132 covered companies
CURRENT VS SECTOR MEDIAN
+19.63%
vs the sector median at left
United Rentals, Inc.
Market Cap
$69.76B
Gross Margin
39.27%
TTM Avg
36.86%
3Y Avg
37.08%
5Y Avg
37.42%
Market Cap
$69.72B
Gross Margin
59.57%
TTM Avg
59.49%
3Y Avg
58.60%
5Y Avg
56.44%
Market Cap
$69.57B
Gross Margin
31.24%
TTM Avg
28.24%
3Y Avg
20.92%
5Y Avg
20.68%
Market Cap
$66.22B
Gross Margin
39.09%
TTM Avg
36.26%
3Y Avg
32.67%
5Y Avg
33.29%
Market Cap
$74.16B
Gross Margin
36.57%
TTM Avg
37.70%
3Y Avg
37.47%
5Y Avg
36.30%
Market Cap
$75.91B
Gross Margin
42.43%
TTM Avg
36.74%
3Y Avg
33.43%
5Y Avg
34.60%
Market Cap
$62.38B
Gross Margin
39.40%
TTM Avg
39.01%
3Y Avg
38.96%
5Y Avg
38.00%
Market Cap
$77.25B
Gross Margin
44.43%
TTM Avg
42.87%
3Y Avg
42.87%
5Y Avg
42.52%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Rentals, Inc. (URI) | $69.76B | 39.27% | 36.86% | 37.08% | 37.42% |
| TransDigm Group Incorporated (TDG)vs › | $69.72B | 59.57% | 59.49% | 58.60% | 56.44% |
| Bloom Energy Corporation (BE)vs › | $69.57B | 31.24% | 28.24% | 20.92% | 20.68% |
| PACCAR Inc (PCAR)vs › | $68.81B | 14.86% | 18.08% | 19.00% | 18.78% |
| Republic Services, Inc. (RSG)vs › | $66.22B | 39.09% | 36.26% | 32.67% | 33.29% |
| Honeywell International Inc. (HON)vs › | $74.16B | 36.57% | 37.70% | 37.47% | 36.30% |
| Norfolk Southern Corporation (NSC)vs › | $75.91B | 42.43% | 36.74% | 33.43% | 34.60% |
| W.W. Grainger, Inc. (GWW)vs › | $62.38B | 39.40% | 39.01% | 38.96% | 38.00% |
| Canadian National Railway Company (CNI)vs › | $77.25B | 44.43% | 42.87% | 42.87% | 42.52% |
| Comfort Systems USA, Inc. (FIX)vs › | $60.77B | 25.67% | 22.57% | 20.52% | 19.92% |
Gross Margin
39.3%
(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 | 39.27% |
| 2026-03-31 | 36.86% |
| 2025-12-31 | 35.24% |
| 2025-09-30 | 36.79% |
| 2025-06-30 | 36.14% |
| 2025-03-31 | 33.40% |
| 2024-12-31 | 37.19% |
| 2024-09-30 | 38.55% |
| 2024-06-30 | 37.34% |
| 2024-03-31 | 35.64% |
| 2023-12-31 | 39.16% |
| 2023-09-30 | 39.26% |
| 2023-06-30 | 37.17% |
| 2023-03-31 | 34.19% |
| 2022-12-31 | 42.54% |
| 2022-09-30 | 41.82% |
| 2022-06-30 | 38.22% |
| 2022-03-31 | 35.46% |
| 2021-12-31 | 38.47% |
| 2021-09-30 | 38.71% |
| 2021-06-30 | 34.32% |
| 2021-03-31 | 30.29% |
| 2020-12-31 | 33.96% |
| 2020-09-30 | 36.53% |
| 2020-06-30 | 31.25% |
| 2020-03-31 | 29.51% |
| 2019-12-31 | 35.38% |
| 2019-09-30 | 37.42% |
| 2019-06-30 | 35.20% |
| 2019-03-31 | 31.03% |
| 2018-12-31 | 39.16% |
| 2018-09-30 | 40.78% |
| 2018-06-30 | 37.81% |
| 2018-03-31 | 33.16% |
| 2017-12-31 | 39.59% |
| 2017-09-30 | 40.43% |
| 2017-06-30 | 37.32% |
| 2017-03-31 | 33.70% |
| 2016-12-31 | 39.46% |
| 2016-09-30 | 39.92% |
| 2016-06-30 | 41.52% |
| 2016-03-31 | 38.17% |
| 2015-12-31 | 42.55% |
| 2015-09-30 | 44.52% |
| 2015-06-30 | 43.25% |
| 2015-03-31 | 39.85% |
| 2014-12-31 | 45.20% |
| 2014-09-30 | 44.56% |
| 2014-06-30 | 42.10% |
| 2014-03-31 | 38.03% |
| 2013-12-31 | 42.38% |
| 2013-09-30 | 43.02% |
| 2013-06-30 | 39.05% |
| 2013-03-31 | 35.00% |
| 2012-12-31 | 39.63% |
| 2012-09-30 | 41.43% |
| 2012-06-30 | 37.66% |
| 2012-03-31 | 32.47% |
| 2011-12-31 | 36.86% |
| 2011-09-30 | 38.43% |
| 2011-06-30 | 33.55% |
| 2011-03-31 | 26.39% |
| 2010-12-31 | 29.31% |
| 2010-09-30 | 34.55% |
| 2010-06-30 | 30.70% |
| 2010-03-31 | 21.55% |
| 2009-12-31 | 26.03% |
| 2009-09-30 | 30.41% |
| 2009-06-30 | 22.93% |
| 2009-03-31 | 24.24% |
| 2008-12-31 | 29.96% |
| 2008-09-30 | 38.37% |
| 2008-06-30 | 34.06% |
| 2008-03-31 | 32.12% |
| 2007-12-31 | 36.45% |
| 2007-09-30 | 38.13% |
| 2007-06-30 | 34.27% |
| 2007-03-31 | 30.80% |
| 2006-12-31 | 43.42% |
| 2006-09-30 | 36.45% |
| 2006-06-30 | 33.97% |
| 2006-03-31 | 41.73% |
| 2005-12-31 | 44.24% |
| 2005-09-30 | 45.92% |
| 2005-06-30 | 42.57% |
| 2005-03-31 | 40.44% |
| 2004-12-31 | 45.69% |
| 2004-09-30 | 43.87% |
| 2004-06-30 | 42.92% |
| 2004-03-31 | 39.53% |
| 2003-12-31 | 39.89% |
| 2003-09-30 | 42.76% |
| 2003-06-30 | 41.96% |
| 2003-03-31 | 39.66% |
| 2002-12-31 | 41.89% |
| 2002-09-30 | 42.13% |
