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 30.69% is 23% below its 5-year average of 39.99%, near the low end of its 5-year range (30.69%–66.91%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.61% below its 12-month average of 33.58%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
30.69%
GROSS MARGIN AVG TTM
33.58%
GROSS MARGIN AVG 3Y
35.41%
GROSS MARGIN AVG 5Y
39.99%
GROSS MARGIN AVG 10Y
39.91%
GROSS MARGIN AVG 15Y
41.19%
GROSS MARGIN AVG 20Y
43.72%
CURRENT VS TTM AVG
-8.61%
CURRENT VS 3Y AVG
-13.32%
CURRENT VS 5Y AVG
-23.25%
CURRENT VS 10Y AVG
-23.11%
CURRENT VS 15Y AVG
-25.50%
CURRENT VS 20Y AVG
-29.81%
SECTOR MEDIAN · BASIC MATERIALS
33.99%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-9.71%
vs the sector median at left
Market Cap
$60.58B
Gross Margin
77.10%
TTM Avg
67.33%
3Y Avg
61.05%
5Y Avg
58.74%
Market Cap
$68.55B
Gross Margin
55.11%
TTM Avg
44.83%
3Y Avg
37.88%
5Y Avg
38.89%
Market Cap
$68.63B
Gross Margin
32.06%
TTM Avg
31.95%
3Y Avg
30.06%
5Y Avg
30.75%
Market Cap
$88.05B
Gross Margin
49.07%
TTM Avg
48.70%
3Y Avg
46.55%
5Y Avg
46.05%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vale S.A. (VALE) | $63.50B | 30.69% | 33.58% | 35.41% | 39.99% |
| Nucor Corporation (NUE)vs › | $62.54B | 15.47% | 12.64% | 19.48% | 19.86% |
| Wheaton Precious Metals Corp. (WPM)vs › | $60.58B | 77.10% | 67.33% | 61.05% | 58.74% |
| CRH plc (CRH)vs › | $67.22B | 35.79% | 35.92% | 34.78% | 34.13% |
| Barrick Mining Corporation (B)vs › | $68.55B | 55.11% | 44.83% | 37.88% | 38.89% |
| Air Products and Chemicals, Inc. (APD)vs › | $68.63B | 32.06% | 31.95% | 30.06% | 30.75% |
| Corteva, Inc. (CTVA)vs › | $51.14B | 48.45% | 45.47% | 43.39% | 42.47% |
| Ecolab Inc. (ECL)vs › | $80.04B | 44.11% | 43.99% | 41.63% | 41.51% |
| The Sherwin-Williams Company (SHW)vs › | $88.05B | 49.07% | 48.70% | 46.55% | 46.05% |
| Steel Dynamics, Inc. (STLD)vs › | $38.50B | 14.62% | 14.50% | 19.50% | 20.35% |
Gross Margin
30.7%
(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 | 30.69% |
| 2026-03-31 | 33.01% |
| 2025-12-31 | 36.88% |
| 2025-09-30 | 36.44% |
| 2025-06-30 | 30.88% |
| 2025-03-31 | 32.86% |
| 2024-12-31 | 38.11% |
| 2024-09-30 | 34.25% |
| 2024-06-30 | 36.00% |
| 2024-03-31 | 36.55% |
| 2023-12-31 | 46.92% |
| 2023-09-30 | 40.61% |
| 2023-06-30 | 38.59% |
| 2023-03-31 | 41.32% |
| 2022-12-31 | 40.06% |
| 2022-09-30 | 36.54% |
| 2022-06-30 | 46.67% |
| 2022-03-31 | 57.25% |
| 2021-12-31 | 50.50% |
| 2021-09-30 | 55.62% |
| 2021-06-30 | 66.91% |
| 2021-03-31 | 65.76% |
| 2020-12-31 | 61.18% |
| 2020-09-30 | 55.25% |
| 2020-06-30 | 43.97% |
| 2020-03-31 | 38.61% |
| 2019-12-31 | 43.48% |
| 2019-09-30 | 44.40% |
| 2019-06-30 | 43.69% |
| 2019-03-31 | 42.69% |
| 2018-12-31 | 41.38% |
| 2018-09-30 | 39.68% |
| 2018-06-30 | 37.59% |
| 2018-03-31 | 39.28% |
| 2017-12-31 | 36.83% |
| 2017-09-30 | 40.20% |
| 2017-06-30 | 29.48% |
| 2017-03-31 | 44.40% |
| 2016-12-31 | 53.31% |
| 2016-09-30 | 32.35% |
| 2016-06-30 | 27.63% |
| 2016-03-31 | 25.70% |
| 2015-12-31 | 13.22% |
| 2015-09-30 | 22.52% |
| 2015-06-30 | 25.54% |
| 2015-03-31 | 17.18% |
| 2014-12-31 | 23.63% |
| 2014-09-30 | 28.26% |
| 2014-06-30 | 38.59% |
| 2014-03-31 | 41.18% |
| 2013-12-31 | 49.27% |
| 2013-09-30 | 49.19% |
| 2013-06-30 | 43.59% |
| 2013-03-31 | 47.69% |
| 2012-12-31 | 34.90% |
| 2012-09-30 | 42.86% |
| 2012-06-30 | 49.42% |
| 2012-03-31 | 48.53% |
| 2011-12-31 | 56.77% |
| 2011-09-30 | 62.71% |
| 2011-06-30 | 61.83% |
| 2011-03-31 | 57.80% |
| 2010-12-31 | 59.54% |
| 2010-09-30 | 63.74% |
| 2010-06-30 | 57.32% |
| 2010-03-31 | 46.41% |
| 2009-12-31 | 39.60% |
| 2009-09-30 | 43.30% |
| 2009-06-30 | 36.64% |
| 2009-03-31 | 45.53% |
| 2008-12-31 | 47.22% |
| 2008-09-30 | 58.25% |
| 2008-06-30 | 55.07% |
| 2008-03-31 | 45.84% |
| 2007-12-31 | 44.82% |
| 2007-09-30 | 52.08% |
| 2007-06-30 | 56.47% |
| 2007-03-31 | 41.38% |
| 2006-12-31 | 40.01% |
| 2006-09-30 | 55.05% |
| 2006-06-30 | 54.56% |
| 2006-03-31 | 49.25% |
| 2005-12-31 | 51.80% |
| 2005-09-30 | 57.35% |
| 2005-06-30 | 57.35% |
| 2005-03-31 | 43.65% |
| 2004-12-31 | 47.86% |
| 2004-09-30 | 51.54% |
| 2004-06-30 | 52.50% |
| 2004-03-31 | 42.36% |
| 2003-12-31 | 38.64% |
| 2003-09-30 | 43.30% |
| 2003-06-30 | 42.74% |
| 2003-03-31 | 42.25% |
| 2002-12-31 | 44.52% |
| 2002-09-30 | 49.73% |
