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 24.38% is in line with its 5-year average of 24.85%, near the low end of its 5-year range (23.50%–26.63%).
1.74% below its 12-month average of 24.81%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 25.32%.
GROSS MARGIN
24.38%
GROSS MARGIN AVG TTM
24.81%
GROSS MARGIN AVG 3Y
24.44%
GROSS MARGIN AVG 5Y
24.85%
GROSS MARGIN AVG 10Y
25.92%
GROSS MARGIN AVG 15Y
26.75%
GROSS MARGIN AVG 20Y
27.13%
CURRENT VS TTM AVG
-1.74%
CURRENT VS 3Y AVG
-0.25%
CURRENT VS 5Y AVG
-1.87%
CURRENT VS 10Y AVG
-5.93%
CURRENT VS 15Y AVG
-8.86%
CURRENT VS 20Y AVG
-10.14%
SECTOR MEDIAN · INDUSTRIALS
26.47%
median of 471 covered companies
CURRENT VS SECTOR MEDIAN
-7.90%
vs the sector median at left
Elbit Systems Ltd.
Market Cap
$32.38B
Gross Margin
24.38%
TTM Avg
24.81%
3Y Avg
24.44%
5Y Avg
24.85%
Market Cap
$32.19B
Gross Margin
44.61%
TTM Avg
63.24%
3Y Avg
75.98%
5Y Avg
78.42%
Market Cap
$33.74B
Gross Margin
59.41%
TTM Avg
59.63%
3Y Avg
60.43%
5Y Avg
60.72%
Market Cap
$31.00B
Gross Margin
37.94%
TTM Avg
41.17%
3Y Avg
40.90%
5Y Avg
39.59%
Market Cap
$36.31B
Gross Margin
65.06%
TTM Avg
49.08%
3Y Avg
37.53%
5Y Avg
20.05%
Market Cap
$28.11B
Gross Margin
36.97%
TTM Avg
38.98%
3Y Avg
38.52%
5Y Avg
38.31%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elbit Systems Ltd. (ESLT) | $32.38B | 24.38% | 24.81% | 24.44% | 24.85% |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $32.19B | 44.61% | 63.24% | 75.98% | 78.42% |
| Axon Enterprise, Inc. (AXON)vs › | $33.74B | 59.41% | 59.63% | 60.43% | 60.72% |
| Ingersoll Rand Inc. (IR)vs › | $31.00B | 37.94% | 41.17% | 40.90% | 39.59% |
| Paychex, Inc. (PAYX)vs › | $35.93B | 74.39% | 73.32% | 72.40% | 71.47% |
| United Airlines Holdings, Inc. (UAL)vs › | $36.31B | 65.06% | 49.08% | 37.53% | 20.05% |
| EMCOR Group, Inc. (EME)vs › | $36.37B | 19.66% | 19.28% | 17.41% | 16.78% |
| Symbotic Inc. (SYM)vs › | $28.33B | 21.60% | 17.21% | 17.25% | 8.77% |
| nVent Electric plc (NVT)vs › | $28.11B | 36.97% | 38.98% | 38.52% | 38.31% |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $37.02B | 31.70% | 33.47% | 34.58% | 33.78% |
Gross Margin
24.4%
(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 | 25.32% |
| 2026-03-31 | 25.22% |
| 2025-12-31 | 24.66% |
| 2025-09-30 | 24.89% |
| 2025-06-30 | 23.97% |
| 2025-03-31 | 23.96% |
| 2024-12-31 | 24.10% |
| 2024-09-30 | 24.03% |
| 2024-06-30 | 23.96% |
| 2024-03-31 | 24.08% |
| 2023-12-31 | 23.50% |
| 2023-09-30 | 24.45% |
| 2023-06-30 | 25.60% |
| 2023-03-31 | 25.94% |
| 2022-12-31 | 25.27% |
| 2022-09-30 | 24.17% |
| 2022-06-30 | 26.07% |
| 2022-03-31 | 24.17% |
| 2021-12-31 | 25.73% |
| 2021-09-30 | 26.63% |
| 2021-06-30 | 26.04% |
| 2021-03-31 | 25.16% |
| 2020-12-31 | 25.97% |
| 2020-09-30 | 20.93% |
| 2020-06-30 | 25.99% |
| 2020-03-31 | 27.01% |
| 2019-12-31 | 21.51% |
| 2019-09-30 | 25.99% |
| 2019-06-30 | 27.11% |
| 2019-03-31 | 27.17% |
| 2018-12-31 | 21.79% |
| 2018-09-30 | 28.59% |
| 2018-06-30 | 28.02% |
| 2018-03-31 | 28.76% |
| 2017-12-31 | 28.08% |
| 2017-09-30 | 31.34% |
| 2017-06-30 | 29.61% |
| 2017-03-31 | 29.52% |
| 2016-12-31 | 29.45% |
| 2016-09-30 | 29.51% |
| 2016-06-30 | 29.35% |
| 2016-03-31 | 29.43% |
| 2015-12-31 | 28.57% |
| 2015-09-30 | 29.20% |
| 2015-06-30 | 29.25% |
| 2015-03-31 | 28.47% |
| 2014-12-31 | 27.00% |
| 2014-09-30 | 28.09% |
| 2014-06-30 | 28.37% |
| 2014-03-31 | 28.30% |
| 2013-12-31 | 27.30% |
| 2013-09-30 | 28.39% |
| 2013-06-30 | 28.90% |
| 2013-03-31 | 28.33% |
| 2012-12-31 | 28.32% |
| 2012-09-30 | 28.26% |
| 2012-06-30 | 28.03% |
| 2012-03-31 | 28.34% |
| 2011-12-31 | 16.83% |
| 2011-09-30 | 30.76% |
| 2011-06-30 | 28.99% |
| 2011-03-31 | 29.93% |
| 2010-12-31 | 29.03% |
| 2010-09-30 | 30.45% |
| 2010-06-30 | 30.43% |
| 2010-03-31 | 29.85% |
| 2009-12-31 | 29.67% |
| 2009-09-30 | 29.66% |
| 2009-06-30 | 29.09% |
| 2009-03-31 | 31.70% |
| 2008-12-31 | 29.14% |
| 2008-09-30 | 29.55% |
| 2008-06-30 | 30.22% |
| 2008-03-31 | 27.70% |
| 2007-12-31 | 26.42% |
| 2007-09-30 | 27.01% |
| 2007-06-30 | 27.12% |
| 2007-03-31 | 25.65% |
| 2006-12-31 | 21.44% |
| 2006-09-30 | 25.52% |
| 2006-06-30 | 25.98% |
| 2006-03-31 | 26.18% |
| 2005-12-31 | 25.46% |
| 2005-09-30 | 26.92% |
| 2005-06-30 | 27.11% |
| 2005-03-31 | 26.69% |
| 2004-12-31 | 27.09% |
| 2004-09-30 | 27.48% |
| 2004-06-30 | 25.26% |
| 2004-03-31 | 26.64% |
| 2003-12-31 | 20.58% |
| 2003-09-30 | 26.23% |
| 2003-06-30 | 26.22% |
| 2003-03-31 | 28.14% |
| 2002-12-31 | 24.09% |
| 2002-09-30 | 28.27% |
