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 61.19% is in line with its 4-year average of 58.52%, near the high end of its 4-year range (54.10%–61.19%).
As of the fiscal period ended Friday, July 3, 2026. 1.78% above its 12-month average of 60.13%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
61.19%
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
+1.78%
CURRENT VS 3Y AVG
+2.08%
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
33.10%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
+84.88%
vs the sector median at left
Market Cap
$23.71B
Gross Margin
12.77%
TTM Avg
11.67%
3Y Avg
10.68%
5Y Avg
10.86%
Market Cap
$23.63B
Gross Margin
15.31%
TTM Avg
14.02%
3Y Avg
13.54%
5Y Avg
13.23%
Market Cap
$23.01B
Gross Margin
17.44%
TTM Avg
16.83%
3Y Avg
17.45%
5Y Avg
12.49%
Market Cap
$25.37B
Gross Margin
16.26%
TTM Avg
15.19%
3Y Avg
16.07%
5Y Avg
15.79%
Market Cap
$25.67B
Gross Margin
37.17%
TTM Avg
37.08%
3Y Avg
37.25%
5Y Avg
36.88%
Market Cap
$21.50B
Gross Margin
51.21%
TTM Avg
51.73%
3Y Avg
51.66%
5Y Avg
51.46%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veralto Corporation (VLTO) | $24.02B | 61.19% | 60.13% | 59.95% | N/A |
| XPO Logistics, Inc. (XPO)vs › | $23.71B | 12.77% | 11.67% | 10.68% | 10.86% |
| Expeditors International of Washington, Inc. (EXPD)vs › | $23.63B | 15.31% | 14.02% | 13.54% | 13.23% |
| Southwest Airlines Co. (LUV)vs › | $23.01B | 17.44% | 16.83% | 17.45% | 12.49% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.37B | 16.26% | 15.19% | 16.07% | 15.79% |
| Curtiss-Wright Corporation (CW)vs › | $25.67B | 37.17% | 37.08% | 37.25% | 36.88% |
| Symbotic Inc. (SYM)vs › | $25.76B | 21.60% | 17.21% | 17.25% | 8.77% |
| Snap-on Incorporated (SNA)vs › | $21.50B | 51.21% | 51.73% | 51.66% | 51.46% |
| Equifax Inc. (EFX)vs › | $21.41B | 44.38% | 50.14% | 53.35% | 55.18% |
| MasTec, Inc. (MTZ)vs › | $21.34B | 11.47% | 11.39% | 10.38% | 12.09% |
Gross Margin
61.2%
(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% |