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 36.52% is 14% above its 5-year average of 31.97%, near the high end of its 5-year range (28.27%–36.52%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.26% above its 12-month average of 34.37%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
36.52%
GROSS MARGIN AVG TTM
34.37%
GROSS MARGIN AVG 3Y
32.87%
GROSS MARGIN AVG 5Y
31.97%
GROSS MARGIN AVG 10Y
30.10%
GROSS MARGIN AVG 15Y
30.33%
GROSS MARGIN AVG 20Y
29.52%
CURRENT VS TTM AVG
+6.26%
CURRENT VS 3Y AVG
+11.12%
CURRENT VS 5Y AVG
+14.25%
CURRENT VS 10Y AVG
+21.34%
CURRENT VS 15Y AVG
+20.40%
CURRENT VS 20Y AVG
+23.73%
SECTOR MEDIAN · INDUSTRIALS
31.38%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
+16.38%
vs the sector median at left
Westinghouse Air Brake Technologies Corporation
Market Cap
$51.65B
Gross Margin
36.52%
TTM Avg
34.37%
3Y Avg
32.87%
5Y Avg
31.97%
Market Cap
$52.43B
Gross Margin
52.53%
TTM Avg
46.33%
3Y Avg
43.42%
5Y Avg
43.59%
Market Cap
$52.46B
Gross Margin
24.34%
TTM Avg
26.23%
3Y Avg
26.14%
5Y Avg
27.14%
Market Cap
$50.60B
Gross Margin
40.06%
TTM Avg
40.82%
3Y Avg
41.56%
5Y Avg
41.79%
Market Cap
$47.46B
Gross Margin
31.24%
TTM Avg
28.24%
3Y Avg
20.92%
5Y Avg
20.68%
Market Cap
$47.06B
Gross Margin
30.91%
TTM Avg
33.47%
3Y Avg
34.58%
5Y Avg
33.78%
Market Cap
$56.86B
Gross Margin
25.26%
TTM Avg
25.81%
3Y Avg
25.99%
5Y Avg
27.40%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Westinghouse Air Brake Technologies Corporation (WAB) | $51.65B | 36.52% | 34.37% | 32.87% | 31.97% |
| Rockwell Automation, Inc. (ROK)vs › | $52.43B | 52.53% | 46.33% | 43.42% | 43.59% |
| Carrier Global Corporation (CARR)vs › | $52.46B | 24.34% | 26.23% | 26.14% | 27.14% |
| HEICO Corporation (HEI-A)vs › | $50.60B | 40.06% | 40.82% | 41.56% | 41.79% |
| Fastenal Company (FAST)vs › | $55.19B | 44.70% | 45.05% | 45.45% | 45.58% |
| AMETEK, Inc. (AME)vs › | $55.34B | 36.56% | 36.03% | 35.77% | 35.26% |
| Bloom Energy Corporation (BE)vs › | $47.46B | 31.24% | 28.24% | 20.92% | 20.68% |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $47.06B | 30.91% | 33.47% | 34.58% | 33.78% |
| L3Harris Technologies, Inc. (LHX)vs › | $56.86B | 25.26% | 25.81% | 25.99% | 27.40% |
| Comfort Systems USA, Inc. (FIX)vs › | $57.24B | 25.66% | 22.57% | 20.52% | 19.92% |
Gross Margin
36.5%
(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 | 36.52% |
| 2026-03-31 | 35.97% |
| 2025-12-31 | 29.98% |
| 2025-09-30 | 34.72% |
| 2025-06-30 | 34.66% |
| 2025-03-31 | 34.48% |
| 2024-12-31 | 30.86% |
| 2024-09-30 | 33.05% |
| 2024-06-30 | 33.06% |
| 2024-03-31 | 32.64% |
| 2023-12-31 | 30.25% |
| 2023-09-30 | 31.06% |
| 2023-06-30 | 30.04% |
| 2023-03-31 | 30.31% |
| 2022-12-31 | 28.27% |
| 2022-09-30 | 31.14% |
| 2022-06-30 | 31.49% |
| 2022-03-31 | 30.88% |
| 2021-12-31 | 31.48% |
| 2021-09-30 | 31.62% |
| 2021-06-30 | 28.83% |
| 2021-03-31 | 29.18% |
| 2020-12-31 | 24.98% |
| 2020-09-30 | 30.36% |
| 2020-06-30 | 28.01% |
| 2020-03-31 | 29.99% |
| 2019-12-31 | 28.50% |
| 2019-09-30 | 29.94% |
| 2019-06-30 | 27.49% |
| 2019-03-31 | 24.41% |
| 2018-12-31 | 26.57% |
| 2018-09-30 | 28.02% |
| 2018-06-30 | 29.14% |
| 2018-03-31 | 29.43% |
| 2017-12-31 | 24.96% |
| 2017-09-30 | 26.43% |
| 2017-07-01 | 29.39% |
| 2017-03-31 | 29.44% |
| 2016-12-31 | 28.84% |
| 2016-09-30 | 31.45% |
| 2016-06-30 | 32.81% |
| 2016-03-31 | 33.05% |
| 2015-12-31 | 32.13% |
| 2015-09-30 | 31.76% |
| 2015-06-30 | 31.61% |
| 2015-03-31 | 31.19% |
| 2014-12-31 | 30.98% |
| 2014-09-30 | 31.04% |
| 2014-06-30 | 30.73% |
| 2014-03-31 | 30.14% |
| 2013-12-31 | 29.37% |
| 2013-09-30 | 29.80% |
| 2013-06-30 | 30.23% |
| 2013-03-31 | 29.71% |
| 2012-12-31 | 29.57% |
| 2012-09-30 | 29.15% |
| 2012-06-30 | 28.44% |
| 2012-03-31 | 29.04% |
| 2011-12-31 | 27.56% |
| 2011-09-30 | 29.50% |
| 2011-06-30 | 29.81% |
| 2011-03-31 | 29.26% |
| 2010-12-31 | 30.00% |
| 2010-09-30 | 29.08% |
| 2010-06-30 | 30.33% |
| 2010-03-31 | 29.78% |
| 2009-12-31 | 27.95% |
| 2009-09-30 | 28.70% |
| 2009-06-30 | 27.44% |
| 2009-03-31 | 28.36% |
| 2008-12-31 | 26.11% |
| 2008-09-30 | 27.19% |
| 2008-06-30 | 27.81% |
| 2008-03-31 | 27.45% |
| 2007-12-31 | 26.42% |
| 2007-09-30 | 26.98% |
| 2007-06-30 | 27.89% |
| 2007-03-31 | 27.55% |
| 2006-12-31 | 26.75% |
| 2006-09-30 | 24.62% |
| 2006-06-30 | 29.30% |
| 2006-03-31 | 28.62% |
| 2005-12-31 | 25.78% |
| 2005-09-30 | 26.19% |
| 2005-06-30 | 24.85% |
| 2005-03-31 | 23.58% |
| 2004-12-31 | 24.55% |
| 2004-09-30 | 24.60% |
| 2004-06-30 | 25.50% |
| 2004-03-31 | 25.24% |
| 2003-12-31 | 25.77% |
| 2003-09-30 | 25.97% |
| 2003-06-30 | 27.20% |
| 2003-03-31 | 26.71% |
| 2002-12-31 | 25.92% |
| 2002-09-30 | 26.81% |