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 41.40% is in line with its 5-year average of 42.25%, around the middle of its 5-year range (38.60%–43.42%).
As of the fiscal period ended Thursday, April 30, 2026. 2.22% above its 12-month average of 40.50%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
41.40%
GROSS MARGIN AVG TTM
40.50%
GROSS MARGIN AVG 3Y
41.91%
GROSS MARGIN AVG 5Y
42.25%
GROSS MARGIN AVG 10Y
41.92%
GROSS MARGIN AVG 15Y
39.84%
GROSS MARGIN AVG 20Y
38.75%
CURRENT VS TTM AVG
+2.22%
CURRENT VS 3Y AVG
-1.23%
CURRENT VS 5Y AVG
-2.01%
CURRENT VS 10Y AVG
-1.24%
CURRENT VS 15Y AVG
+3.92%
CURRENT VS 20Y AVG
+6.84%
SECTOR MEDIAN · INDUSTRIALS
33.17%
median of 132 covered companies
CURRENT VS SECTOR MEDIAN
+24.79%
vs the sector median at left
HEICO Corporation
Market Cap
$52.12B
Gross Margin
41.40%
TTM Avg
40.50%
3Y Avg
41.91%
5Y Avg
42.25%
Market Cap
$51.84B
Gross Margin
25.48%
TTM Avg
25.81%
3Y Avg
25.99%
5Y Avg
27.40%
Market Cap
$51.57B
Gross Margin
24.34%
TTM Avg
26.23%
3Y Avg
26.14%
5Y Avg
27.14%
Market Cap
$51.20B
Gross Margin
34.84%
TTM Avg
34.84%
3Y Avg
34.84%
5Y Avg
34.84%
Market Cap
$50.78B
Gross Margin
34.33%
TTM Avg
31.95%
3Y Avg
31.17%
5Y Avg
30.54%
Market Cap
$49.47B
Gross Margin
54.53%
TTM Avg
46.33%
3Y Avg
43.42%
5Y Avg
43.59%
Market Cap
$48.71B
Gross Margin
59.41%
TTM Avg
59.63%
3Y Avg
60.43%
5Y Avg
60.72%
Market Cap
$47.51B
Gross Margin
37.26%
TTM Avg
30.53%
3Y Avg
22.77%
5Y Avg
9.07%
Market Cap
$57.60B
Gross Margin
27.32%
TTM Avg
24.85%
3Y Avg
24.62%
5Y Avg
13.34%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HEICO Corporation (HEI-A) | $52.12B | 41.40% | 40.50% | 41.91% | 42.25% |
| L3Harris Technologies, Inc. (LHX)vs › | $51.84B | 25.48% | 25.81% | 25.99% | 27.40% |
| Carrier Global Corporation (CARR)vs › | $51.57B | 24.34% | 26.23% | 26.14% | 27.14% |
| Honeywell Aerospace Inc (HONA)vs › | $51.20B | 34.84% | 34.84% | 34.84% | 34.84% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $50.78B | 34.33% | 31.95% | 31.17% | 30.54% |
| Rockwell Automation, Inc. (ROK)vs › | $49.47B | 54.53% | 46.33% | 43.42% | 43.59% |
| Axon Enterprise, Inc. (AXON)vs › | $48.71B | 59.41% | 59.63% | 60.43% | 60.72% |
| Rocket Lab USA, Inc. (RKLB)vs › | $47.51B | 37.26% | 30.53% | 22.77% | 9.07% |
| Delta Air Lines, Inc. (DAL)vs › | $57.60B | 27.32% | 24.85% | 24.62% | 13.34% |
| Ferrovial SE (FER)vs › | $46.36B | 87.13% | 87.22% | 86.03% | 85.20% |
Gross Margin
41.4%
(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 |
|---|---|
| 2026-04-30 | 41.40% |
| 2026-01-31 | 38.60% |
| 2025-10-31 | 40.17% |
| 2025-07-31 | 39.84% |
| 2025-04-30 | 42.50% |
| 2025-01-31 | 42.06% |
| 2024-10-31 | 41.67% |
| 2024-07-31 | 42.23% |
| 2024-04-30 | 41.84% |
| 2024-01-31 | 41.49% |
| 2023-10-31 | 41.83% |
| 2023-07-31 | 42.07% |
| 2023-04-30 | 42.07% |
| 2023-01-31 | 42.52% |
| 2022-10-31 | 42.75% |
| 2022-07-31 | 42.07% |
| 2022-04-30 | 42.68% |
| 2022-01-31 | 42.54% |
| 2021-10-31 | 43.42% |
| 2021-07-31 | 42.97% |
| 2021-04-30 | 42.39% |
| 2021-01-31 | 41.78% |
| 2020-10-31 | 41.84% |
| 2020-07-31 | 41.04% |
| 2020-04-30 | 41.79% |
| 2020-01-31 | 42.50% |
| 2019-10-31 | 41.98% |
| 2019-07-31 | 43.11% |
| 2019-04-30 | 43.87% |
| 2019-01-31 | 42.36% |
| 2018-10-31 | 42.62% |
| 2018-07-31 | 42.00% |
| 2018-04-30 | 42.22% |
| 2018-01-31 | 41.42% |
| 2017-10-31 | 40.98% |
| 2017-07-31 | 40.95% |
| 2017-04-30 | 41.12% |
| 2017-01-31 | 39.79% |
| 2016-10-31 | 37.35% |
| 2016-07-31 | 41.07% |
| 2016-04-30 | 38.22% |
| 2016-01-31 | 36.64% |
| 2015-10-31 | 38.58% |
| 2015-07-31 | 35.99% |
| 2015-04-30 | 36.20% |
| 2015-01-31 | 34.97% |
| 2014-10-31 | 35.23% |
| 2014-07-31 | 35.50% |
| 2014-04-30 | 35.40% |
| 2014-01-31 | 34.52% |
| 2013-10-31 | 37.09% |
| 2013-07-31 | 36.51% |
| 2013-04-30 | 37.63% |
| 2013-01-31 | 35.84% |
| 2012-10-31 | 37.02% |
| 2012-07-31 | 37.28% |
| 2012-04-30 | 34.76% |
| 2012-01-31 | 36.80% |
| 2011-10-31 | 35.57% |
| 2011-07-31 | 35.40% |
| 2011-04-30 | 35.98% |
| 2011-01-31 | 36.69% |
| 2010-10-31 | 36.04% |
| 2010-07-31 | 36.36% |
| 2010-04-30 | 34.86% |
| 2010-01-31 | 36.98% |
| 2009-10-31 | 33.97% |
| 2009-07-31 | 34.17% |
| 2009-04-30 | 32.66% |
| 2009-01-31 | 33.66% |
| 2008-10-31 | 36.66% |
| 2008-07-31 | 36.56% |
| 2008-04-30 | 36.35% |
| 2008-01-31 | 34.87% |
| 2007-10-31 | 34.75% |
| 2007-07-31 | 35.83% |
| 2007-04-30 | 36.02% |
| 2007-01-31 | 32.98% |
| 2006-10-31 | 35.82% |
| 2006-07-31 | 36.79% |
| 2006-04-30 | 36.42% |
| 2006-01-31 | 36.38% |
| 2005-10-31 | 38.77% |
| 2005-07-31 | 37.59% |
| 2005-04-30 | 37.40% |
| 2005-01-31 | 35.59% |
| 2004-10-31 | 35.99% |
| 2004-07-31 | 35.14% |
| 2004-04-30 | 35.45% |
| 2004-01-31 | 33.66% |
| 2003-10-31 | 32.08% |
| 2003-07-31 | 33.33% |
| 2003-04-30 | 33.42% |
| 2003-01-31 | 32.97% |
| 2002-10-31 | 35.94% |
| 2002-07-31 | 35.07% |