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 31.64% is in line with its 5-year average of 29.71%, near the high end of its 5-year range (28.64%–31.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.25% above its 12-month average of 30.35%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
31.64%
GROSS MARGIN AVG TTM
30.35%
GROSS MARGIN AVG 3Y
30.07%
GROSS MARGIN AVG 5Y
29.71%
GROSS MARGIN AVG 10Y
28.97%
GROSS MARGIN AVG 15Y
28.74%
GROSS MARGIN AVG 20Y
28.34%
CURRENT VS TTM AVG
+4.25%
CURRENT VS 3Y AVG
+5.21%
CURRENT VS 5Y AVG
+6.49%
CURRENT VS 10Y AVG
+9.20%
CURRENT VS 15Y AVG
+10.09%
CURRENT VS 20Y AVG
+11.62%
SECTOR MEDIAN · INDUSTRIALS
31.71%
median of 146 covered companies
CURRENT VS SECTOR MEDIAN
-0.23%
vs the sector median at left
Applied Industrial Technologies, Inc.
Market Cap
$12.51B
Gross Margin
31.64%
TTM Avg
30.35%
3Y Avg
30.07%
5Y Avg
29.71%
Market Cap
$11.71B
Gross Margin
12.56%
TTM Avg
12.63%
3Y Avg
13.28%
5Y Avg
14.22%
Market Cap
$11.61B
Gross Margin
39.54%
TTM Avg
38.53%
3Y Avg
36.09%
5Y Avg
36.54%
Market Cap
$13.52B
Gross Margin
33.10%
TTM Avg
33.09%
3Y Avg
31.12%
5Y Avg
30.24%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Applied Industrial Technologies, Inc. (AIT) | $12.51B | 31.64% | 30.35% | 30.07% | 29.71% |
| Watsco, Inc. (WSO)vs › | $12.89B | 27.87% | 27.45% | 27.54% | 26.82% |
| Graco Inc. (GGG)vs › | $12.89B | 52.64% | 52.78% | 51.94% | 51.96% |
| Crane Company (CR)vs › | $12.07B | 41.74% | 41.46% | 40.12% | 38.02% |
| Huntington Ingalls Industries, Inc. (HII)vs › | $11.71B | 12.56% | 12.63% | 13.28% | 14.22% |
| Generac Holdings Inc. (GNRC)vs › | $11.61B | 39.54% | 38.53% | 36.09% | 36.54% |
| Lennox International Inc. (LII)vs › | $13.52B | 33.10% | 33.09% | 31.12% | 30.24% |
| Allegion plc (ALLE)vs › | $13.58B | 44.80% | 44.72% | 43.29% | 43.09% |
| Textron Inc. (TXT)vs › | $14.16B | 11.97% | 16.91% | 18.66% | 18.71% |
| CNH Industrial N.V. (CNH)vs › | $14.17B | 30.61% | 32.12% | 31.41% | 29.64% |
Gross Margin
31.6%
(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 | 31.64% |
| 2026-03-31 | 30.43% |
| 2025-12-31 | 28.94% |
| 2025-09-30 | 30.13% |
| 2025-06-30 | 30.60% |
| 2025-03-31 | 30.45% |
| 2024-12-31 | 30.57% |
| 2024-09-30 | 29.58% |
| 2024-06-30 | 30.69% |
| 2024-03-31 | 29.51% |
| 2023-12-31 | 29.44% |
| 2023-09-30 | 29.68% |
| 2023-06-30 | 29.23% |
| 2023-03-31 | 29.43% |
| 2022-12-31 | 29.10% |
| 2022-09-30 | 28.88% |
| 2022-06-30 | 28.89% |
| 2022-03-31 | 29.30% |
| 2021-12-31 | 29.38% |
| 2021-09-30 | 28.64% |
| 2021-06-30 | 29.35% |
| 2021-03-31 | 29.40% |
| 2020-12-31 | 27.89% |
| 2020-09-30 | 28.86% |
| 2020-06-30 | 28.73% |
| 2020-03-31 | 28.50% |
| 2019-12-31 | 28.95% |
| 2019-09-30 | 29.36% |
| 2019-06-30 | 29.15% |
| 2019-03-31 | 28.86% |
| 2018-12-31 | 28.91% |
| 2018-09-30 | 29.13% |
| 2018-06-30 | 29.37% |
| 2018-03-31 | 28.94% |
| 2017-12-31 | 28.23% |
| 2017-09-30 | 28.27% |
| 2017-06-30 | 28.78% |
| 2017-03-31 | 28.09% |
| 2016-12-31 | 28.36% |
| 2016-09-30 | 28.54% |
| 2016-06-30 | 28.15% |
| 2016-03-31 | 27.61% |
| 2015-12-31 | 28.37% |
| 2015-09-30 | 28.20% |
| 2015-06-30 | 28.31% |
| 2015-03-31 | 27.55% |
| 2014-12-31 | 28.29% |
| 2014-09-30 | 27.76% |
| 2014-06-30 | 27.88% |
| 2014-03-31 | 27.71% |
| 2013-12-31 | 28.08% |
| 2013-09-30 | 28.05% |
| 2013-06-30 | 28.28% |
| 2013-03-31 | 28.05% |
| 2012-12-31 | 27.64% |
| 2012-09-30 | 26.95% |
| 2012-06-30 | 27.85% |
| 2012-03-31 | 27.68% |
| 2011-12-31 | 27.26% |
| 2011-09-30 | 27.38% |
| 2011-06-30 | 28.68% |
| 2011-03-31 | 27.66% |
| 2010-12-31 | 27.25% |
| 2010-09-30 | 27.13% |
| 2010-06-30 | 29.25% |
| 2010-03-31 | 26.81% |
| 2009-12-31 | 26.20% |
| 2009-09-30 | 26.37% |
| 2009-06-30 | 27.34% |
| 2009-03-31 | 27.07% |
| 2008-12-31 | 26.96% |
| 2008-09-30 | 26.85% |
| 2008-06-30 | 27.04% |
| 2008-03-31 | 27.26% |
| 2007-12-31 | 27.30% |
| 2007-09-30 | 27.40% |
| 2007-06-30 | 26.93% |
| 2007-03-31 | 26.97% |
| 2006-12-31 | 27.55% |
| 2006-09-30 | 27.43% |
| 2006-06-30 | 26.45% |
| 2006-03-31 | 27.52% |
| 2005-12-31 | 26.61% |
| 2005-09-30 | 27.60% |
| 2005-06-30 | 26.93% |
| 2005-03-31 | 26.72% |
| 2004-12-31 | 25.72% |
| 2004-09-30 | 26.51% |
| 2004-06-30 | 26.93% |
| 2004-03-31 | 26.70% |
| 2003-12-31 | 26.46% |
| 2003-09-30 | 25.88% |
| 2003-06-30 | 26.98% |
| 2003-03-31 | 26.54% |
| 2002-12-31 | 25.64% |
| 2002-09-30 | 24.43% |
