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 14.95% is 23% above its 5-year average of 12.20%, around the middle of its 5-year range (7.76%–20.90%).
As of the fiscal period ended Tuesday, June 30, 2026. 17.40% above its 12-month average of 12.73%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
14.95%
GROSS MARGIN AVG TTM
12.73%
GROSS MARGIN AVG 3Y
11.60%
GROSS MARGIN AVG 5Y
11.76%
GROSS MARGIN AVG 10Y
13.63%
GROSS MARGIN AVG 15Y
9.95%
GROSS MARGIN AVG 20Y
13.97%
CURRENT VS TTM AVG
+17.40%
CURRENT VS 3Y AVG
+28.90%
CURRENT VS 5Y AVG
+27.06%
CURRENT VS 10Y AVG
+9.68%
CURRENT VS 15Y AVG
+50.19%
CURRENT VS 20Y AVG
+6.98%
SECTOR MEDIAN · INDUSTRIALS
33.10%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-54.84%
vs the sector median at left
XPO Logistics, Inc.
Market Cap
$23.72B
Gross Margin
14.95%
TTM Avg
12.73%
3Y Avg
11.60%
5Y Avg
11.76%
Market Cap
$23.97B
Gross Margin
60.18%
TTM Avg
59.87%
3Y Avg
58.59%
5Y Avg
58.30%
Market Cap
$23.37B
Gross Margin
15.31%
TTM Avg
14.02%
3Y Avg
13.54%
5Y Avg
13.23%
Market Cap
$23.02B
Gross Margin
17.44%
TTM Avg
16.83%
3Y Avg
17.45%
5Y Avg
12.49%
Market Cap
$25.22B
Gross Margin
16.26%
TTM Avg
15.19%
3Y Avg
16.07%
5Y Avg
15.79%
Market Cap
$25.55B
Gross Margin
37.17%
TTM Avg
37.08%
3Y Avg
37.25%
5Y Avg
36.88%
Market Cap
$21.54B
Gross Margin
51.21%
TTM Avg
51.73%
3Y Avg
51.66%
5Y Avg
51.46%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| XPO Logistics, Inc. (XPO) | $23.72B | 14.95% | 12.73% | 11.60% | 11.76% |
| Veralto Corporation (VLTO)vs › | $23.97B | 60.18% | 59.87% | 58.59% | 58.30% |
| Expeditors International of Washington, Inc. (EXPD)vs › | $23.37B | 15.31% | 14.02% | 13.54% | 13.23% |
| Southwest Airlines Co. (LUV)vs › | $23.02B | 17.44% | 16.83% | 17.45% | 12.49% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.22B | 16.26% | 15.19% | 16.07% | 15.79% |
| Curtiss-Wright Corporation (CW)vs › | $25.55B | 37.17% | 37.08% | 37.25% | 36.88% |
| MasTec, Inc. (MTZ)vs › | $21.88B | 11.47% | 11.39% | 10.38% | 12.09% |
| Symbotic Inc. (SYM)vs › | $25.78B | 21.60% | 17.21% | 17.25% | 8.77% |
| Snap-on Incorporated (SNA)vs › | $21.54B | 51.21% | 51.73% | 51.66% | 51.46% |
| Equifax Inc. (EFX)vs › | $21.45B | 44.38% | 50.14% | 53.35% | 55.18% |
Gross Margin
14.9%
(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 | 14.95% |
| 2026-03-31 | 11.40% |
| 2025-12-31 | 11.59% |
| 2025-09-30 | 12.84% |
| 2025-06-30 | 12.88% |
| 2025-03-31 | 10.59% |
| 2024-12-31 | 9.73% |
| 2024-09-30 | 11.98% |
| 2024-06-30 | 12.75% |
| 2024-03-31 | 10.70% |
| 2023-12-31 | 10.26% |
| 2023-09-30 | 11.01% |
| 2023-06-30 | 10.07% |
| 2023-03-31 | 8.39% |
| 2022-12-31 | 20.90% |
| 2022-09-30 | 10.43% |
| 2022-06-30 | 11.72% |
| 2022-03-31 | 7.76% |
| 2021-12-31 | 15.14% |
| 2021-09-30 | 14.68% |
| 2021-06-30 | 16.38% |
| 2021-03-31 | 16.16% |
| 2020-12-31 | 15.95% |
| 2020-09-30 | 15.07% |
| 2020-06-30 | 14.02% |
| 2020-03-31 | 15.68% |
| 2019-12-31 | 15.72% |
| 2019-09-30 | 16.49% |
| 2019-06-30 | 16.82% |
| 2019-03-31 | 15.00% |
| 2018-12-31 | 13.93% |
| 2018-09-30 | 15.11% |
| 2018-06-30 | 15.65% |
| 2018-03-31 | 14.10% |
| 2017-12-31 | 13.90% |
| 2017-09-30 | 14.83% |
| 2017-06-30 | 15.62% |
| 2017-03-31 | 14.28% |
| 2016-12-31 | 42.55% |
| 2016-09-30 | 14.86% |
| 2016-06-30 | 15.74% |
| 2016-03-31 | 13.94% |
| 2015-12-31 | 1.75% |
| 2015-09-30 | 3.46% |
| 2015-06-30 | 0.10% |
| 2015-03-31 | 1.96% |
| 2014-12-31 | 3.21% |
| 2014-09-30 | 1.24% |
| 2014-06-30 | 1.22% |
| 2014-03-31 | -2.87% |
| 2013-12-31 | 0.72% |
| 2013-09-30 | -5.34% |
| 2013-06-30 | -6.43% |
| 2013-03-31 | -6.23% |
| 2012-12-31 | -38.26% |
| 2012-09-30 | -6.84% |
| 2012-06-30 | -1.91% |
| 2012-03-31 | -5.79% |
| 2011-12-31 | 16.27% |
| 2011-09-30 | 17.35% |
| 2011-06-30 | 16.28% |
| 2011-03-31 | 17.36% |
| 2010-12-31 | 15.46% |
| 2010-09-30 | 18.31% |
| 2010-06-30 | 17.94% |
| 2010-03-31 | 17.69% |
| 2009-12-31 | 16.32% |
| 2009-09-30 | 18.04% |
| 2009-06-30 | 16.35% |
| 2009-03-31 | 16.02% |
| 2008-12-31 | 15.01% |
| 2008-09-30 | 15.92% |
| 2008-06-30 | 16.01% |
| 2008-03-31 | 17.33% |
| 2007-12-31 | 23.38% |
| 2007-09-30 | 22.82% |
| 2007-06-30 | 25.39% |
| 2007-03-31 | 26.28% |
| 2006-12-31 | 24.94% |
| 2006-09-30 | 26.23% |
| 2006-06-30 | 25.75% |
| 2006-03-31 | 25.39% |
| 2005-12-31 | 28.29% |
| 2005-09-30 | 21.70% |
| 2005-06-30 | 21.70% |
| 2005-03-31 | 19.05% |
| 2004-12-31 | 24.51% |
| 2004-09-30 | 15.65% |
| 2004-06-30 | 17.83% |
| 2004-03-31 | 17.37% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 28.96% |
| 2003-06-30 | 28.15% |
| 2003-03-31 | 24.16% |
| 2002-12-31 | 100.00% |
| 2002-09-30 | 100.00% |
