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 36.57% is in line with its 5-year average of 36.43%, around the middle of its 5-year range (31.43%–38.86%).
1.32% below its 12-month average of 37.06%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 37.59%.
GROSS MARGIN
36.57%
GROSS MARGIN AVG TTM
37.06%
GROSS MARGIN AVG 3Y
37.50%
GROSS MARGIN AVG 5Y
36.43%
GROSS MARGIN AVG 10Y
34.08%
GROSS MARGIN AVG 15Y
32.28%
GROSS MARGIN AVG 20Y
30.10%
CURRENT VS TTM AVG
-1.32%
CURRENT VS 3Y AVG
-2.49%
CURRENT VS 5Y AVG
+0.38%
CURRENT VS 10Y AVG
+7.30%
CURRENT VS 15Y AVG
+13.30%
CURRENT VS 20Y AVG
+21.48%
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+18.25%
vs the sector median at left
Honeywell International Inc.
Market Cap
$63.83B
Gross Margin
36.57%
TTM Avg
37.06%
3Y Avg
37.50%
5Y Avg
36.43%
Market Cap
$62.15B
Gross Margin
59.57%
TTM Avg
59.49%
3Y Avg
58.60%
5Y Avg
56.44%
Market Cap
$61.86B
Gross Margin
37.07%
TTM Avg
36.33%
3Y Avg
37.50%
5Y Avg
36.53%
Market Cap
$60.32B
Gross Margin
39.40%
TTM Avg
39.01%
3Y Avg
38.96%
5Y Avg
38.00%
Market Cap
$69.49B
Gross Margin
39.09%
TTM Avg
36.26%
3Y Avg
32.67%
5Y Avg
33.29%
Market Cap
$71.89B
Gross Margin
42.43%
TTM Avg
36.74%
3Y Avg
33.43%
5Y Avg
34.60%
Market Cap
$55.71B
Gross Margin
25.67%
TTM Avg
22.57%
3Y Avg
20.52%
5Y Avg
19.92%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Honeywell International Inc. (HON) | $63.83B | 36.57% | 37.06% | 37.50% | 36.43% |
| PACCAR Inc (PCAR)vs › | $64.67B | 14.86% | 18.08% | 19.00% | 18.78% |
| TransDigm Group Incorporated (TDG)vs › | $62.15B | 59.57% | 59.49% | 58.60% | 56.44% |
| United Rentals, Inc. (URI)vs › | $61.86B | 37.07% | 36.33% | 37.50% | 36.53% |
| W.W. Grainger, Inc. (GWW)vs › | $60.32B | 39.40% | 39.01% | 38.96% | 38.00% |
| Republic Services, Inc. (RSG)vs › | $69.49B | 39.09% | 36.26% | 32.67% | 33.29% |
| Fastenal Company (FAST)vs › | $56.73B | 44.70% | 45.05% | 45.45% | 45.58% |
| Norfolk Southern Corporation (NSC)vs › | $71.89B | 42.43% | 36.74% | 33.43% | 34.60% |
| Comfort Systems USA, Inc. (FIX)vs › | $55.71B | 25.67% | 22.57% | 20.52% | 19.92% |
| Canadian National Railway Company (CNI)vs › | $73.85B | 44.43% | 42.87% | 42.87% | 42.52% |
Gross Margin
36.6%
(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 | 37.59% |
| 2026-03-31 | 38.71% |
| 2025-12-31 | 36.06% |
| 2025-09-30 | 34.08% |
| 2025-06-30 | 38.86% |
| 2025-03-31 | 38.54% |
| 2024-12-31 | 36.38% |
| 2024-09-30 | 38.54% |
| 2024-06-30 | 38.85% |
| 2024-03-31 | 38.68% |
| 2023-12-31 | 34.31% |
| 2023-09-30 | 38.45% |
| 2023-06-30 | 38.49% |
| 2023-03-31 | 37.97% |
| 2022-12-31 | 33.33% |
| 2022-09-30 | 37.50% |
| 2022-06-30 | 36.78% |
| 2022-03-31 | 36.44% |
| 2021-12-31 | 31.43% |
| 2021-09-30 | 32.18% |
| 2021-06-30 | 31.85% |
| 2021-03-31 | 32.47% |
| 2020-12-31 | 32.85% |
| 2020-09-30 | 30.96% |
| 2020-06-30 | 29.44% |
| 2020-03-31 | 34.61% |
| 2019-12-31 | 33.36% |
| 2019-09-30 | 33.55% |
| 2019-06-30 | 34.07% |
| 2019-03-31 | 33.82% |
| 2018-12-31 | 31.29% |
| 2018-09-30 | 29.79% |
| 2018-06-30 | 30.27% |
| 2018-03-31 | 30.80% |
| 2017-12-31 | 30.87% |
| 2017-09-30 | 30.30% |
| 2017-06-30 | 30.30% |
| 2017-03-31 | 31.22% |
| 2016-12-31 | 31.11% |
| 2016-09-30 | 29.59% |
| 2016-06-30 | 31.73% |
| 2016-03-31 | 31.24% |
| 2015-12-31 | 30.71% |
| 2015-09-30 | 30.77% |
| 2015-06-30 | 30.29% |
| 2015-03-31 | 30.95% |
| 2014-12-31 | 26.30% |
| 2014-09-30 | 29.48% |
| 2014-06-30 | 28.84% |
| 2014-03-31 | 28.02% |
| 2013-12-31 | 26.72% |
| 2013-09-30 | 28.04% |
| 2013-06-30 | 27.50% |
| 2013-03-31 | 27.28% |
| 2012-12-31 | 19.83% |
| 2012-09-30 | 27.12% |
| 2012-06-30 | 26.63% |
| 2012-03-31 | 26.08% |
| 2011-12-31 | 10.96% |
| 2011-09-30 | 24.36% |
| 2011-06-30 | 26.66% |
| 2011-03-31 | 25.92% |
| 2010-12-31 | 25.02% |
| 2010-09-30 | 24.19% |
| 2010-06-30 | 24.72% |
| 2010-03-31 | 24.67% |
| 2009-12-31 | 26.29% |
| 2009-09-30 | 24.71% |
| 2009-06-30 | 24.90% |
| 2009-03-31 | 23.96% |
| 2008-12-31 | 25.13% |
| 2008-09-30 | 19.40% |
| 2008-06-30 | 24.30% |
| 2008-03-31 | 24.99% |
| 2007-12-31 | 24.39% |
| 2007-09-30 | 23.92% |
| 2007-06-30 | 23.98% |
| 2007-03-31 | 23.52% |
| 2006-12-31 | 23.18% |
| 2006-09-30 | 23.15% |
| 2006-06-30 | 23.69% |
| 2006-03-31 | 22.66% |
| 2005-12-31 | 23.09% |
| 2005-09-30 | 23.16% |
| 2005-06-30 | 21.70% |
| 2005-03-31 | 21.20% |
| 2004-12-31 | 19.58% |
| 2004-09-30 | 20.45% |
| 2004-06-30 | 18.16% |
| 2004-03-31 | 20.20% |
| 2003-12-31 | 19.64% |
| 2003-09-30 | 21.83% |
| 2003-06-30 | 21.48% |
| 2003-03-31 | 21.47% |
| 2002-12-31 | 17.47% |
| 2002-09-30 | 23.94% |
