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 19.66% is 14% above its 5-year average of 17.25%, near the high end of its 5-year range (13.60%–20.71%).
0.30% above its 12-month average of 19.60%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 19.83%.
GROSS MARGIN
19.66%
GROSS MARGIN AVG TTM
19.60%
GROSS MARGIN AVG 3Y
18.73%
GROSS MARGIN AVG 5Y
17.25%
GROSS MARGIN AVG 10Y
16.11%
GROSS MARGIN AVG 15Y
14.51%
GROSS MARGIN AVG 20Y
14.14%
CURRENT VS TTM AVG
+0.30%
CURRENT VS 3Y AVG
+4.95%
CURRENT VS 5Y AVG
+13.98%
CURRENT VS 10Y AVG
+22.03%
CURRENT VS 15Y AVG
+35.53%
CURRENT VS 20Y AVG
+39.08%
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-36.43%
vs the sector median at left
Market Cap
$35.37B
Gross Margin
65.06%
TTM Avg
49.08%
3Y Avg
37.53%
5Y Avg
20.05%
Market Cap
$29.95B
Gross Margin
44.61%
TTM Avg
63.24%
3Y Avg
75.98%
5Y Avg
78.42%
Market Cap
$36.21B
Gross Margin
37.26%
TTM Avg
30.53%
3Y Avg
22.77%
5Y Avg
9.07%
Market Cap
$37.83B
Gross Margin
31.70%
TTM Avg
33.47%
3Y Avg
34.58%
5Y Avg
33.78%
Market Cap
$26.72B
Gross Margin
30.17%
TTM Avg
30.07%
3Y Avg
29.57%
5Y Avg
29.54%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| EMCOR Group, Inc. (EME) | $33.07B | 19.66% | 19.60% | 18.73% | 17.25% |
| United Airlines Holdings, Inc. (UAL)vs › | $35.37B | 65.06% | 49.08% | 37.53% | 20.05% |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $29.95B | 44.61% | 63.24% | 75.98% | 78.42% |
| Rocket Lab USA, Inc. (RKLB)vs › | $36.21B | 37.26% | 30.53% | 22.77% | 9.07% |
| Copart, Inc. (CPRT)vs › | $29.38B | 44.66% | 44.92% | 44.94% | 45.92% |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $37.83B | 31.70% | 33.47% | 34.58% | 33.78% |
| Ingersoll Rand Inc. (IR)vs › | $28.23B | 37.94% | 41.17% | 40.90% | 39.59% |
| Otis Worldwide Corporation (OTIS)vs › | $26.72B | 30.17% | 30.07% | 29.57% | 29.54% |
| Symbotic Inc. (SYM)vs › | $26.69B | 21.60% | 17.21% | 17.25% | 8.77% |
| Axon Enterprise, Inc. (AXON)vs › | $39.51B | 59.41% | 59.63% | 60.43% | 60.72% |
Gross Margin
19.7%
(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 | 19.83% |
| 2026-03-31 | 18.67% |
| 2025-12-31 | 20.71% |
| 2025-09-30 | 19.42% |
| 2025-06-30 | 19.37% |
| 2025-03-31 | 18.69% |
| 2024-12-31 | 20.08% |
| 2024-09-30 | 19.87% |
| 2024-06-30 | 18.65% |
| 2024-03-31 | 17.17% |
| 2023-12-31 | 17.96% |
| 2023-09-30 | 17.01% |
| 2023-06-30 | 16.09% |
| 2023-03-31 | 15.09% |
| 2022-12-31 | 15.42% |
| 2022-09-30 | 14.62% |
| 2022-06-30 | 14.15% |
| 2022-03-31 | 13.60% |
| 2021-12-31 | 15.27% |
| 2021-09-30 | 15.12% |
| 2021-06-30 | 15.44% |
| 2021-03-31 | 14.80% |
| 2020-12-31 | 16.82% |
| 2020-09-30 | 16.50% |
| 2020-06-30 | 15.65% |
| 2020-03-31 | 14.48% |
| 2019-12-31 | 15.17% |
| 2019-09-30 | 14.69% |
| 2019-06-30 | 14.90% |
| 2019-03-31 | 14.30% |
| 2018-12-31 | 15.08% |
| 2018-09-30 | 15.11% |
| 2018-06-30 | 14.89% |
| 2018-03-31 | 14.16% |
| 2017-12-31 | 15.46% |
| 2017-09-30 | 15.64% |
| 2017-06-30 | 14.48% |
| 2017-03-31 | 14.08% |
| 2016-12-31 | 13.95% |
| 2016-09-30 | 13.94% |
| 2016-06-30 | 14.21% |
| 2016-03-31 | 12.79% |
| 2015-12-31 | 14.21% |
| 2015-09-30 | 13.85% |
| 2015-06-30 | 14.49% |
| 2015-03-31 | 13.65% |
| 2014-12-31 | 14.50% |
| 2014-09-30 | 14.18% |
| 2014-06-30 | 14.10% |
| 2014-03-31 | 13.46% |
| 2013-12-31 | 14.08% |
| 2013-09-30 | 12.66% |
| 2013-06-30 | 11.66% |
| 2013-03-31 | 12.19% |
| 2012-12-31 | 14.17% |
| 2012-09-30 | 12.65% |
| 2012-06-30 | 12.20% |
| 2012-03-31 | 11.74% |
| 2011-12-31 | 14.12% |
| 2011-09-30 | 12.70% |
| 2011-06-30 | 12.84% |
| 2011-03-31 | 12.42% |
| 2010-12-31 | 15.12% |
| 2010-09-30 | 13.54% |
| 2010-06-30 | 13.83% |
| 2010-03-31 | 13.62% |
| 2009-12-31 | 15.58% |
| 2009-09-30 | 14.96% |
| 2009-06-30 | 15.10% |
| 2009-03-31 | 13.85% |
| 2008-12-31 | 14.71% |
| 2008-09-30 | 13.04% |
| 2008-06-30 | 13.07% |
| 2008-03-31 | 11.43% |
| 2007-12-31 | 13.59% |
| 2007-09-30 | 11.25% |
| 2007-06-30 | 12.05% |
| 2007-03-31 | 10.03% |
| 2006-12-31 | 12.42% |
| 2006-09-30 | 11.65% |
| 2006-06-30 | 10.94% |
| 2006-03-31 | 9.98% |
| 2005-12-31 | 12.64% |
| 2005-09-30 | 28.47% |
| 2005-06-30 | 9.61% |
| 2005-03-31 | 9.15% |
| 2004-12-31 | 10.51% |
| 2004-09-30 | 9.46% |
| 2004-06-30 | 8.51% |
| 2004-03-31 | 9.12% |
| 2003-12-31 | 10.60% |
| 2003-09-30 | 10.21% |
| 2003-06-30 | 10.77% |
| 2003-03-31 | 11.01% |
| 2002-12-31 | 12.85% |
| 2002-09-30 | 12.28% |
