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 -37.29% is 199% below its 5-year average of 37.56%, near the low end of its 5-year range (-37.29%–54.58%).
As of the fiscal period ended Tuesday, June 30, 2026. 231.98% below its 12-month average of 28.26%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
-37.29%
GROSS MARGIN AVG TTM
28.26%
GROSS MARGIN AVG 3Y
42.65%
GROSS MARGIN AVG 5Y
41.30%
GROSS MARGIN AVG 10Y
38.56%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-231.98%
CURRENT VS 3Y AVG
-187.45%
CURRENT VS 5Y AVG
-190.30%
CURRENT VS 10Y AVG
-196.72%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
33.66%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
-210.80%
vs the sector median at left
Market Cap
$52.45B
Gross Margin
77.10%
TTM Avg
67.33%
3Y Avg
61.05%
5Y Avg
58.74%
Market Cap
$64.19B
Gross Margin
55.11%
TTM Avg
44.83%
3Y Avg
37.88%
5Y Avg
38.89%
Market Cap
$37.97B
Gross Margin
14.62%
TTM Avg
14.50%
3Y Avg
19.50%
5Y Avg
20.35%
Market Cap
$65.67B
Gross Margin
32.06%
TTM Avg
31.95%
3Y Avg
30.06%
5Y Avg
30.75%
Market Cap
$36.76B
Gross Margin
27.43%
TTM Avg
27.13%
3Y Avg
25.15%
5Y Avg
25.29%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corteva, Inc. (CTVA) | $51.69B | -37.29% | 28.26% | 42.65% | 41.30% |
| Wheaton Precious Metals Corp. (WPM)vs › | $52.45B | 77.10% | 67.33% | 61.05% | 58.74% |
| Nucor Corporation (NUE)vs › | $62.05B | 15.47% | 12.64% | 19.48% | 19.86% |
| Vale S.A. (VALE)vs › | $63.14B | 34.52% | 35.30% | 39.54% | 45.64% |
| Barrick Mining Corporation (B)vs › | $64.19B | 55.11% | 44.83% | 37.88% | 38.89% |
| Steel Dynamics, Inc. (STLD)vs › | $37.97B | 14.62% | 14.50% | 19.50% | 20.35% |
| Air Products and Chemicals, Inc. (APD)vs › | $65.67B | 32.06% | 31.95% | 30.06% | 30.75% |
| CRH plc (CRH)vs › | $66.02B | 35.79% | 35.92% | 34.78% | 34.13% |
| Vulcan Materials Company (VMC)vs › | $36.76B | 27.43% | 27.13% | 25.15% | 25.29% |
| Martin Marietta Materials, Inc. (MLM)vs › | $33.16B | 28.23% | 29.36% | 27.92% | 27.18% |
Gross Margin
-37.3%
(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 | -37.29% |
| 2026-03-31 | 48.50% |
| 2025-12-31 | 38.29% |
| 2025-09-30 | 37.20% |
| 2025-06-30 | 54.58% |
| 2025-03-31 | 46.98% |
| 2024-12-31 | 37.25% |
| 2024-09-30 | 32.72% |
| 2024-06-30 | 52.26% |
| 2024-03-31 | 43.23% |
| 2023-12-31 | 36.17% |
| 2023-09-30 | 36.45% |
| 2023-06-30 | 48.11% |
| 2023-03-31 | 43.26% |
| 2022-12-31 | 34.38% |
| 2022-09-30 | 32.34% |
| 2022-06-30 | 46.85% |
| 2022-03-31 | 40.80% |
| 2021-12-31 | 35.84% |
| 2021-09-30 | 34.29% |
| 2021-06-30 | 46.51% |
| 2021-03-31 | 42.08% |
| 2020-12-31 | 34.14% |
| 2020-09-30 | 30.38% |
| 2020-06-30 | 45.50% |
| 2020-03-31 | 42.64% |
| 2019-12-31 | 34.03% |
| 2019-09-30 | 29.41% |
| 2019-06-30 | 45.16% |
| 2019-03-31 | 18.85% |
| 2018-12-31 | 78.79% |
| 2018-09-30 | 23.73% |
| 2018-06-30 | 35.67% |
| 2018-03-31 | 27.65% |
| 2017-12-31 | 32.30% |
| 2017-09-30 | 28.69% |
| 2017-06-30 | 45.98% |
| 2017-03-31 | 45.98% |
