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 30.99% is in line with its 5-year average of 30.58%, around the middle of its 5-year range (29.43%–31.71%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.73% above its 12-month average of 30.77%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
30.99%
GROSS MARGIN AVG TTM
30.77%
GROSS MARGIN AVG 3Y
30.57%
GROSS MARGIN AVG 5Y
30.58%
GROSS MARGIN AVG 10Y
30.08%
GROSS MARGIN AVG 15Y
29.62%
GROSS MARGIN AVG 20Y
29.62%
CURRENT VS TTM AVG
+0.73%
CURRENT VS 3Y AVG
+1.38%
CURRENT VS 5Y AVG
+1.34%
CURRENT VS 10Y AVG
+3.04%
CURRENT VS 15Y AVG
+4.62%
CURRENT VS 20Y AVG
+4.62%
SECTOR MEDIAN · INDUSTRIALS
31.71%
median of 146 covered companies
CURRENT VS SECTOR MEDIAN
-2.27%
vs the sector median at left
Market Cap
$45.74B
Gross Margin
75.80%
TTM Avg
75.56%
3Y Avg
76.06%
5Y Avg
76.66%
Market Cap
$48.18B
Gross Margin
54.53%
TTM Avg
46.33%
3Y Avg
43.42%
5Y Avg
43.59%
Market Cap
$48.34B
Gross Margin
39.83%
TTM Avg
40.82%
3Y Avg
41.56%
5Y Avg
41.79%
Market Cap
$48.50B
Gross Margin
24.34%
TTM Avg
26.23%
3Y Avg
26.14%
5Y Avg
27.14%
Market Cap
$41.76B
Gross Margin
39.22%
TTM Avg
40.38%
3Y Avg
40.37%
5Y Avg
40.32%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ferguson plc (FERG) | $45.24B | 30.99% | 30.77% | 30.57% | 30.58% |
| Paychex, Inc. (PAYX)vs › | $44.99B | 74.29% | 73.32% | 72.40% | 71.47% |
| Thomson Reuters Corporation (TRI)vs › | $45.74B | 75.80% | 75.56% | 76.06% | 76.66% |
| HEICO Corporation (HEI)vs › | $46.95B | 40.40% | 40.82% | 41.56% | 41.79% |
| Ferrovial SE (FER)vs › | $42.63B | 87.44% | 87.22% | 86.03% | 85.20% |
| Rockwell Automation, Inc. (ROK)vs › | $48.18B | 54.53% | 46.33% | 43.42% | 43.59% |
| HEICO Corporation (HEI-A)vs › | $48.34B | 39.83% | 40.82% | 41.56% | 41.79% |
| Carrier Global Corporation (CARR)vs › | $48.50B | 24.34% | 26.23% | 26.14% | 27.14% |
| Waste Connections, Inc. (WCN)vs › | $41.76B | 39.22% | 40.38% | 40.37% | 40.32% |
| L3Harris Technologies, Inc. (LHX)vs › | $48.78B | 25.48% | 25.81% | 25.99% | 27.40% |
Gross Margin
31.0%
(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 | 30.99% |
| 2026-03-31 | 31.02% |
| 2025-12-31 | 29.43% |
| 2025-10-31 | 30.68% |
| 2025-07-31 | 31.71% |
| 2025-04-30 | 30.95% |
| 2025-01-31 | 29.71% |
| 2024-10-31 | 30.11% |
| 2024-07-31 | 30.97% |
| 2024-04-30 | 30.54% |
| 2024-01-31 | 30.41% |
| 2023-10-31 | 30.24% |
| 2023-07-31 | 30.65% |
| 2023-04-30 | 29.97% |
| 2023-01-31 | 30.21% |
| 2022-10-31 | 30.53% |
| 2022-07-31 | 30.55% |
| 2022-04-30 | 30.27% |
| 2022-01-31 | 30.56% |
| 2021-10-31 | 31.27% |
| 2021-07-31 | 31.40% |
| 2021-04-30 | 30.85% |
| 2021-01-31 | 30.40% |
| 2020-10-31 | 29.64% |
| 2020-07-31 | 29.82% |
| 2020-04-30 | 29.82% |
| 2020-01-31 | 30.19% |
| 2019-10-31 | 30.19% |
| 2019-07-31 | 32.72% |
| 2019-04-30 | 29.26% |
| 2019-01-31 | 29.45% |
| 2018-10-31 | 29.45% |
| 2018-07-31 | 29.09% |
| 2018-04-30 | 29.09% |
| 2018-01-31 | 29.35% |
| 2017-10-31 | 29.35% |
| 2017-07-31 | 28.83% |
| 2017-04-30 | 28.83% |
| 2017-01-31 | 29.11% |
| 2016-10-31 | 29.11% |
| 2016-07-31 | 29.01% |
| 2016-04-30 | 29.01% |
| 2016-01-31 | 28.31% |
| 2015-10-31 | 28.31% |
| 2015-07-31 | 0.00% |
| 2015-04-30 | 0.00% |
| 2015-01-31 | 27.88% |
| 2014-10-31 | 27.88% |
| 2014-07-31 | 27.64% |
| 2014-04-30 | 28.01% |
| 2014-01-31 | 27.84% |
| 2013-10-31 | 27.84% |
| 2013-07-31 | 27.80% |
| 2013-04-30 | 27.80% |
| 2013-01-31 | 27.76% |
| 2012-10-31 | 27.76% |
| 2012-07-31 | 0.00% |
| 2011-07-31 | 0.00% |
| 2011-01-31 | 0.00% |
| 2010-07-31 | 0.00% |
| 2010-01-31 | 0.00% |
| 2009-07-31 | 0.00% |
| 2009-01-31 | 0.00% |
| 2008-07-31 | 0.00% |
| 2008-01-31 | 0.00% |
| 2007-07-31 | 0.00% |
| 2007-01-31 | 0.00% |
| 2006-07-31 | 0.00% |
| 2006-01-31 | 0.00% |
| 2005-07-31 | 0.00% |
| 2005-01-31 | 0.00% |
| 2004-07-31 | 0.00% |
| 2004-01-31 | 0.00% |
| 2003-07-31 | 0.00% |
| 2003-01-31 | 0.00% |
| 2002-07-31 | 0.00% |
| 2002-01-31 | 0.00% |
| 2001-10-31 | 0.00% |
| 2001-07-31 | 0.00% |
| 2001-03-31 | 0.00% |
| 2001-01-31 | 0.00% |
| 2000-07-31 | 0.00% |
| 2000-01-31 | 0.00% |