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 44.70% is in line with its 5-year average of 45.51%, near the low end of its 5-year range (44.33%–46.55%).
0.28% below its 12-month average of 44.82%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
44.70%
GROSS MARGIN AVG TTM
44.82%
GROSS MARGIN AVG 3Y
45.11%
GROSS MARGIN AVG 5Y
45.51%
GROSS MARGIN AVG 10Y
46.60%
GROSS MARGIN AVG 15Y
48.09%
GROSS MARGIN AVG 20Y
48.90%
CURRENT VS TTM AVG
-0.28%
CURRENT VS 3Y AVG
-0.92%
CURRENT VS 5Y AVG
-1.79%
CURRENT VS 10Y AVG
-4.09%
CURRENT VS 15Y AVG
-7.05%
CURRENT VS 20Y AVG
-8.59%
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+44.54%
vs the sector median at left
Market Cap
$58.02B
Gross Margin
25.67%
TTM Avg
22.57%
3Y Avg
20.52%
5Y Avg
19.92%
Market Cap
$60.87B
Gross Margin
39.40%
TTM Avg
39.01%
3Y Avg
38.96%
5Y Avg
38.00%
Market Cap
$51.93B
Gross Margin
27.32%
TTM Avg
24.85%
3Y Avg
24.62%
5Y Avg
13.34%
Market Cap
$63.19B
Gross Margin
37.07%
TTM Avg
36.33%
3Y Avg
37.50%
5Y Avg
36.53%
Market Cap
$64.05B
Gross Margin
59.57%
TTM Avg
59.49%
3Y Avg
58.60%
5Y Avg
56.44%
Market Cap
$49.26B
Gross Margin
34.84%
TTM Avg
35.23%
3Y Avg
36.26%
5Y Avg
36.26%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fastenal Company (FAST) | $56.66B | 44.70% | 44.82% | 45.11% | 45.51% |
| Comfort Systems USA, Inc. (FIX)vs › | $58.02B | 25.67% | 22.57% | 20.52% | 19.92% |
| AMETEK, Inc. (AME)vs › | $54.50B | 36.58% | 36.03% | 35.77% | 35.26% |
| W.W. Grainger, Inc. (GWW)vs › | $60.87B | 39.40% | 39.01% | 38.96% | 38.00% |
| Delta Air Lines, Inc. (DAL)vs › | $51.93B | 27.32% | 24.85% | 24.62% | 13.34% |
| United Rentals, Inc. (URI)vs › | $63.19B | 37.07% | 36.33% | 37.50% | 36.53% |
| TransDigm Group Incorporated (TDG)vs › | $64.05B | 59.57% | 59.49% | 58.60% | 56.44% |
| Honeywell Aerospace Inc (HONA)vs › | $49.26B | 34.84% | 35.23% | 36.26% | 36.26% |
| PACCAR Inc (PCAR)vs › | $64.48B | 14.86% | 18.08% | 19.00% | 18.78% |
| Carrier Global Corporation (CARR)vs › | $48.73B | 24.34% | 26.23% | 26.14% | 27.14% |
Gross Margin
44.7%
(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 | 44.56% |
| 2026-03-31 | 44.64% |
| 2025-12-31 | 44.33% |
| 2025-09-30 | 45.27% |
| 2025-06-30 | 45.32% |
| 2025-03-31 | 45.11% |
| 2024-12-31 | 44.85% |
| 2024-09-30 | 44.95% |
| 2024-06-30 | 45.06% |
| 2024-03-31 | 45.46% |
| 2023-12-31 | 45.46% |
| 2023-09-30 | 45.92% |
| 2023-06-30 | 45.54% |
| 2023-03-31 | 45.72% |
| 2022-12-31 | 45.32% |
| 2022-09-30 | 45.86% |
| 2022-06-30 | 46.53% |
| 2022-03-31 | 46.55% |
| 2021-12-31 | 46.54% |
| 2021-09-30 | 46.34% |
| 2021-06-30 | 46.47% |
| 2021-03-31 | 45.41% |
| 2020-12-31 | 45.57% |
| 2020-09-30 | 45.33% |
| 2020-06-30 | 44.51% |
| 2020-03-31 | 46.58% |
| 2019-12-31 | 46.86% |
| 2019-09-30 | 47.21% |
| 2019-06-30 | 46.86% |
| 2019-03-31 | 47.71% |
| 2018-12-31 | 47.73% |
| 2018-09-30 | 48.12% |
| 2018-06-30 | 48.72% |
| 2018-03-31 | 48.71% |
| 2017-12-31 | 48.80% |
| 2017-09-30 | 49.07% |
| 2017-06-30 | 49.80% |
| 2017-03-31 | 49.44% |
| 2016-12-31 | 49.78% |
| 2016-09-30 | 49.34% |
| 2016-06-30 | 49.45% |
| 2016-03-31 | 49.81% |
| 2015-12-31 | 49.91% |
| 2015-09-30 | 50.46% |
| 2015-06-30 | 50.32% |
| 2015-03-31 | 50.78% |
| 2014-12-31 | 50.48% |
| 2014-09-30 | 50.84% |
| 2014-06-30 | 50.81% |
| 2014-03-31 | 51.17% |
| 2013-12-31 | 50.56% |
| 2013-09-30 | 51.65% |
| 2013-06-30 | 52.23% |
| 2013-03-31 | 52.32% |
| 2012-12-31 | 51.61% |
| 2012-09-30 | 51.63% |
| 2012-06-30 | 51.58% |
| 2012-03-31 | 51.27% |
| 2011-12-31 | 51.19% |
| 2011-09-30 | 51.93% |
| 2011-06-30 | 52.19% |
| 2011-03-31 | 52.04% |
| 2010-12-31 | 52.05% |
| 2010-09-30 | 51.78% |
| 2010-06-30 | 52.11% |
| 2010-03-31 | 51.06% |
| 2009-12-31 | 49.86% |
| 2009-09-30 | 49.98% |
| 2009-06-30 | 51.07% |
| 2009-03-31 | 52.86% |
| 2008-12-31 | 53.43% |
| 2008-09-30 | 52.94% |
| 2008-06-30 | 52.53% |
| 2008-03-21 | 52.39% |
| 2007-12-31 | 50.96% |
| 2007-09-30 | 50.96% |
| 2007-06-30 | 50.31% |
| 2007-03-31 | 51.01% |
| 2006-12-31 | 49.91% |
| 2006-09-30 | 50.47% |
| 2006-06-30 | 49.91% |
| 2006-03-31 | 50.38% |
| 2005-12-31 | 48.06% |
| 2005-09-30 | 50.31% |
| 2005-06-30 | 50.57% |
| 2005-03-31 | 50.13% |
| 2004-12-31 | 50.43% |
| 2004-09-30 | 50.22% |
| 2004-06-30 | 50.69% |
| 2004-03-31 | 50.31% |
| 2003-12-31 | 48.68% |
| 2003-09-30 | 48.97% |
| 2003-06-30 | 49.53% |
| 2003-03-31 | 49.48% |
| 2002-12-31 | 49.86% |
| 2002-09-30 | 49.17% |
