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 35.04% is 25% above its 5-year average of 28.12%, around the middle of its 5-year range (25.93%–40.83%).
3.49% above its 12-month average of 33.86%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 40.83%.
GROSS MARGIN
35.04%
GROSS MARGIN AVG TTM
33.86%
GROSS MARGIN AVG 3Y
28.95%
GROSS MARGIN AVG 5Y
28.12%
GROSS MARGIN AVG 10Y
28.08%
GROSS MARGIN AVG 15Y
30.99%
GROSS MARGIN AVG 20Y
32.50%
CURRENT VS TTM AVG
+3.49%
CURRENT VS 3Y AVG
+21.03%
CURRENT VS 5Y AVG
+24.61%
CURRENT VS 10Y AVG
+24.77%
CURRENT VS 15Y AVG
+13.07%
CURRENT VS 20Y AVG
+7.81%
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+13.31%
vs the sector median at left
Waste Management, Inc.
Market Cap
$82.67B
Gross Margin
35.04%
TTM Avg
33.86%
3Y Avg
28.95%
5Y Avg
28.12%
Market Cap
$85.03B
Gross Margin
31.24%
TTM Avg
28.24%
3Y Avg
20.92%
5Y Avg
20.68%
Market Cap
$79.80B
Gross Margin
16.63%
TTM Avg
18.42%
3Y Avg
19.11%
5Y Avg
20.03%
Market Cap
$78.92B
Gross Margin
44.16%
TTM Avg
43.88%
3Y Avg
42.30%
5Y Avg
41.61%
Market Cap
$88.55B
Gross Margin
53.16%
TTM Avg
51.81%
3Y Avg
49.57%
5Y Avg
47.39%
Market Cap
$76.40B
Gross Margin
53.42%
TTM Avg
52.84%
3Y Avg
52.27%
5Y Avg
53.99%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waste Management, Inc. (WM) | $82.67B | 35.04% | 33.86% | 28.95% | 28.12% |
| Bloom Energy Corporation (BE)vs › | $85.03B | 31.24% | 28.24% | 20.92% | 20.68% |
| Cintas Corporation (CTAS)vs › | $80.00B | 50.67% | 50.29% | 49.19% | 48.26% |
| United Parcel Service, Inc. (UPS)vs › | $79.80B | 16.63% | 18.42% | 19.11% | 20.03% |
| Illinois Tool Works Inc. (ITW)vs › | $78.92B | 44.16% | 43.88% | 42.30% | 41.61% |
| CSX Corporation (CSX)vs › | $86.66B | 33.25% | 35.56% | 36.96% | 38.67% |
| 3M Company (MMM)vs › | $87.41B | 39.40% | 40.28% | 40.80% | 43.11% |
| Emerson Electric Co. (EMR)vs › | $88.55B | 53.16% | 51.81% | 49.57% | 47.39% |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $76.40B | 53.42% | 52.84% | 52.27% | 53.99% |
| General Dynamics Corporation (GD)vs › | $91.10B | 15.38% | 15.28% | 15.79% | 16.08% |
Gross Margin
35.0%
(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 | 40.83% |
| 2026-03-31 | 40.68% |
| 2025-12-31 | 29.30% |
| 2025-09-30 | 29.19% |
| 2025-06-30 | 29.28% |
| 2025-03-31 | 28.50% |
| 2024-12-31 | 28.64% |
| 2024-09-30 | 29.45% |
| 2024-06-30 | 29.03% |
| 2024-03-31 | 29.17% |
| 2023-12-31 | 29.61% |
| 2023-09-30 | 28.68% |
| 2023-06-30 | 27.58% |
| 2023-03-31 | 26.59% |
| 2022-12-31 | 26.28% |
| 2022-09-30 | 27.90% |
| 2022-06-30 | 27.39% |
| 2022-03-31 | 27.38% |
| 2021-12-31 | 25.93% |
| 2021-09-30 | 26.62% |
| 2021-06-30 | 27.70% |
| 2021-03-31 | 27.38% |
| 2020-12-31 | 27.81% |
| 2020-09-30 | 28.75% |
| 2020-06-30 | 27.16% |
| 2020-03-31 | 26.76% |
| 2019-12-31 | 29.56% |
| 2019-09-30 | 28.28% |
| 2019-06-30 | 27.72% |
| 2019-03-31 | 27.92% |
| 2018-12-31 | 28.45% |
| 2018-09-30 | 28.07% |
| 2018-06-30 | 27.87% |
| 2018-03-31 | 27.91% |
| 2017-12-31 | 18.24% |
| 2017-09-30 | 28.63% |
| 2017-06-30 | 28.04% |
| 2017-03-31 | 27.50% |
| 2016-12-31 | 28.90% |
| 2016-09-30 | 28.07% |
| 2016-06-30 | 37.81% |
| 2016-03-31 | 37.25% |
| 2015-12-31 | 37.55% |
| 2015-09-30 | 37.65% |
| 2015-06-30 | 34.75% |
| 2015-03-31 | 35.99% |
| 2014-12-31 | 36.86% |
| 2014-09-30 | 36.17% |
| 2014-06-30 | 35.38% |
| 2014-03-31 | 34.28% |
| 2013-12-31 | 35.23% |
| 2013-09-30 | 35.79% |
| 2013-06-30 | 34.46% |
| 2013-03-31 | 33.78% |
| 2012-12-31 | 35.24% |
| 2012-09-30 | 35.60% |
| 2012-06-30 | 34.66% |
| 2012-03-31 | 34.26% |
| 2011-12-31 | 37.02% |
| 2011-09-30 | 35.80% |
| 2011-06-30 | 36.06% |
| 2011-03-31 | 35.71% |
| 2010-12-31 | 39.10% |
| 2010-09-30 | 37.99% |
| 2010-06-30 | 36.80% |
| 2010-03-31 | 35.91% |
| 2009-12-31 | 37.66% |
| 2009-09-30 | 38.60% |
| 2009-06-30 | 39.50% |
| 2009-03-31 | 38.61% |
| 2008-12-31 | 36.55% |
| 2008-09-30 | 36.99% |
| 2008-06-30 | 37.49% |
| 2008-03-31 | 35.95% |
| 2007-12-31 | 36.54% |
| 2007-09-30 | 37.03% |
| 2007-06-30 | 37.70% |
| 2007-03-31 | 36.20% |
| 2006-12-31 | 35.82% |
| 2006-09-30 | 36.62% |
| 2006-06-30 | 35.51% |
| 2006-03-31 | 34.96% |
| 2005-12-31 | 34.40% |
| 2005-09-30 | 34.76% |
| 2005-06-30 | 33.93% |
| 2005-03-31 | 32.72% |
| 2004-12-31 | 34.01% |
| 2004-09-30 | 34.30% |
| 2004-06-30 | 34.99% |
| 2004-03-31 | 33.70% |
| 2003-12-31 | 35.41% |
| 2003-09-30 | 35.46% |
| 2003-06-30 | 35.27% |
| 2003-03-31 | 33.98% |
| 2002-12-31 | 38.02% |
| 2002-09-30 | 39.71% |
