Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 60.18% is in line with its 4-year average of 58.52%, near the high end of its 4-year range (54.10%–61.19%).
0.09% above its 12-month average of 60.13%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-07-03): 61.19%.
GROSS MARGIN
60.18%
GROSS MARGIN AVG TTM
60.13%
GROSS MARGIN AVG 3Y
59.95%
GROSS MARGIN AVG 5Y
N/A
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.09%
CURRENT VS 3Y AVG
+0.39%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+94.60%
vs the sector median at left
Market Cap
$24.17B
Gross Margin
35.20%
TTM Avg
34.64%
3Y Avg
33.54%
5Y Avg
31.85%
Market Cap
$22.18B
Gross Margin
16.26%
TTM Avg
15.19%
3Y Avg
16.07%
5Y Avg
15.79%
Market Cap
$21.65B
Gross Margin
20.05%
TTM Avg
18.35%
3Y Avg
13.73%
5Y Avg
13.55%
Market Cap
$25.13B
Gross Margin
15.31%
TTM Avg
14.02%
3Y Avg
13.54%
5Y Avg
13.23%
Market Cap
$25.37B
Gross Margin
30.17%
TTM Avg
30.07%
3Y Avg
29.57%
5Y Avg
29.54%
Market Cap
$20.98B
Gross Margin
37.73%
TTM Avg
37.08%
3Y Avg
37.25%
5Y Avg
36.88%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veralto Corporation (VLTO) | $23.20B | 60.18% | 60.13% | 59.95% | N/A |
| Hubbell Incorporated (HUBB)vs › | $24.17B | 35.20% | 34.64% | 33.54% | 31.85% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $22.18B | 16.26% | 15.19% | 16.07% | 15.79% |
| MTU Aero Engines AG (MTUAY)vs › | $21.65B | 20.05% | 18.35% | 13.73% | 13.55% |
| Xylem Inc. (XYL)vs › | $25.04B | 39.24% | 37.98% | 37.65% | 37.69% |
| Dover Corporation (DOV)vs › | $25.06B | 39.58% | 38.98% | 38.08% | 37.82% |
| Expeditors International of Washington, Inc. (EXPD)vs › | $25.13B | 15.31% | 14.02% | 13.54% | 13.23% |
| Otis Worldwide Corporation (OTIS)vs › | $25.37B | 30.17% | 30.07% | 29.57% | 29.54% |
| Curtiss-Wright Corporation (CW)vs › | $20.98B | 37.73% | 37.08% | 37.25% | 36.88% |
| nVent Electric plc (NVT)vs › | $25.78B | 36.97% | 38.98% | 38.52% | 38.31% |
Gross Margin
60.2%
(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 |
|---|---|
| 2026-07-03 | 61.19% |
| 2026-04-03 | 60.06% |
| 2025-12-31 | 59.31% |
| 2025-10-03 | 60.11% |
| 2025-07-04 | 59.96% |
| 2025-04-04 | 60.44% |
| 2024-12-31 | 59.55% |
| 2024-09-27 | 59.59% |
| 2024-06-28 | 59.32% |
| 2024-03-31 | 59.95% |
| 2023-12-31 | 57.92% |
| 2023-09-30 | 57.61% |
| 2023-06-30 | 56.82% |
| 2023-03-31 | 56.82% |
| 2022-12-31 | 57.28% |
| 2022-09-30 | 56.93% |
| 2022-07-01 | 56.38% |
| 2022-04-30 | 54.10% |
