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 7.49% is 45% below its 5-year average of 13.58%, near the low end of its 5-year range (1.64%–24.71%).
1.85% below its 12-month average of 7.63%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 1.64%.
GROSS MARGIN
7.49%
GROSS MARGIN AVG TTM
7.63%
GROSS MARGIN AVG 3Y
9.32%
GROSS MARGIN AVG 5Y
13.58%
GROSS MARGIN AVG 10Y
16.98%
GROSS MARGIN AVG 15Y
18.54%
GROSS MARGIN AVG 20Y
32.20%
CURRENT VS TTM AVG
-1.85%
CURRENT VS 3Y AVG
-19.67%
CURRENT VS 5Y AVG
-44.85%
CURRENT VS 10Y AVG
-55.90%
CURRENT VS 15Y AVG
-59.59%
CURRENT VS 20Y AVG
-76.74%
SECTOR MEDIAN · INDUSTRIALS
26.47%
median of 471 covered companies
CURRENT VS SECTOR MEDIAN
-71.70%
vs the sector median at left
Heartland Express, Inc.
Market Cap
$877.96M
Gross Margin
7.49%
TTM Avg
7.63%
3Y Avg
9.32%
5Y Avg
13.58%
Market Cap
$877.37M
Gross Margin
18.50%
TTM Avg
20.47%
3Y Avg
20.43%
5Y Avg
20.43%
Market Cap
$885.48M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$906.03M
Gross Margin
59.76%
TTM Avg
70.57%
3Y Avg
68.94%
5Y Avg
66.46%
Market Cap
$841.80M
Gross Margin
49.98%
TTM Avg
54.34%
3Y Avg
38.36%
5Y Avg
32.93%
Market Cap
$841.08M
Gross Margin
44.07%
TTM Avg
44.67%
3Y Avg
38.84%
5Y Avg
41.32%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Heartland Express, Inc. (HTLD) | $877.96M | 7.49% | 7.63% | 9.32% | 13.58% |
| Aebi Schmidt Holding AG (AEBI)vs › | $877.37M | 18.50% | 20.47% | 20.43% | 20.43% |
| Nano Nuclear Energy Inc. (NNE)vs › | $885.48M | 0.00% | 0.00% | 0.00% | 0.00% |
| Cryoport, Inc. (CYRX)vs › | $897.16M | 47.08% | 44.87% | 44.22% | 44.41% |
| Willis Lease Finance Corporation (WLFC)vs › | $906.03M | 59.76% | 70.57% | 68.94% | 66.46% |
| Kforce Inc. (KFRC)vs › | $907.63M | 27.48% | 27.10% | 27.84% | 28.11% |
| Evolv Technologies Holdings, Inc. (EVLV)vs › | $841.80M | 49.98% | 54.34% | 38.36% | 32.93% |
| Kornit Digital Ltd. (KRNT)vs › | $841.08M | 44.07% | 44.67% | 38.84% | 41.32% |
| Transcat, Inc. (TRNS)vs › | $840.51M | 32.50% | 32.38% | 31.68% | 30.31% |
| Republic Airways Holdings Inc. (RJET)vs › | $823.73M | 26.47% | 26.28% | 25.07% | 20.08% |
Gross Margin
7.5%
(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 | 1.64% |
| 2026-03-31 | 9.61% |
| 2025-12-31 | 9.14% |
| 2025-09-30 | 9.57% |
| 2025-06-30 | 8.21% |
| 2025-03-31 | 6.87% |
| 2024-12-31 | 11.29% |
| 2024-09-30 | 10.02% |
| 2024-06-30 | 12.04% |
| 2024-03-31 | 8.76% |
| 2023-12-31 | 8.29% |
| 2023-09-30 | 8.78% |
| 2023-06-30 | 14.09% |
| 2023-03-31 | 16.14% |
| 2022-12-31 | 17.32% |
| 2022-09-30 | 21.54% |
| 2022-06-30 | 24.71% |
| 2022-03-31 | 22.34% |
| 2021-12-31 | 21.31% |
| 2021-09-30 | 21.64% |
| 2021-06-30 | 21.90% |
| 2021-03-31 | 19.61% |
| 2020-12-31 | 22.84% |
| 2020-09-30 | 23.50% |
| 2020-06-30 | 24.02% |
| 2020-03-31 | 21.09% |
| 2019-12-31 | 16.01% |
| 2019-09-30 | 18.94% |
| 2019-06-30 | 24.81% |
| 2019-03-31 | 22.99% |
| 2018-12-31 | 23.39% |
| 2018-09-30 | 21.83% |
| 2018-06-30 | 20.84% |
| 2018-03-31 | 16.69% |
| 2017-12-31 | 12.96% |
| 2017-09-30 | 14.52% |
| 2017-06-30 | 21.83% |
| 2017-03-31 | 20.45% |
| 2016-12-31 | 23.16% |
| 2016-09-30 | 19.32% |
| 2016-06-30 | 22.31% |
| 2016-03-31 | 22.78% |
| 2015-12-31 | 20.96% |
| 2015-09-30 | 20.96% |
| 2015-06-30 | 21.97% |
| 2015-03-31 | 20.71% |
| 2014-12-31 | 20.96% |
| 2014-09-30 | 20.60% |
| 2014-06-30 | 20.29% |
| 2014-03-31 | 18.31% |
| 2013-12-31 | 19.26% |
| 2013-09-30 | 23.43% |
| 2013-06-30 | 24.13% |
| 2013-03-31 | 21.52% |
| 2012-12-31 | -95.82% |
| 2012-09-30 | 21.82% |
| 2012-06-30 | 24.19% |
| 2012-03-31 | 21.42% |
| 2011-12-31 | 62.83% |
| 2011-09-30 | 61.35% |
| 2011-06-30 | 61.06% |
| 2011-03-31 | 61.52% |
| 2010-12-31 | 68.65% |
| 2010-09-30 | 66.88% |
| 2010-06-30 | 68.02% |
| 2010-03-31 | 67.06% |
| 2010-02-18 | 78.94% |
| 2009-09-30 | 68.54% |
| 2009-06-30 | 80.38% |
| 2009-03-31 | 78.68% |
| 2008-12-31 | 80.20% |
| 2008-09-30 | 68.06% |
| 2008-06-30 | 66.00% |
| 2008-03-31 | 65.11% |
| 2007-12-31 | 50.12% |
| 2007-09-30 | 70.25% |
| 2007-06-30 | 74.87% |
| 2007-03-31 | 76.25% |
| 2006-12-31 | 53.48% |
| 2006-09-30 | 56.15% |
| 2006-06-30 | 52.10% |
| 2006-03-31 | 59.65% |
| 2005-12-31 | 51.77% |
| 2005-09-30 | 52.07% |
| 2005-06-30 | 53.62% |
| 2005-03-31 | 66.23% |
| 2004-12-31 | 47.39% |
| 2004-09-30 | 56.01% |
| 2004-06-30 | 50.70% |
| 2004-03-31 | 52.75% |
| 2003-12-31 | 71.57% |
| 2003-09-30 | 48.24% |
| 2003-06-30 | 45.21% |
| 2003-03-31 | 42.52% |
| 2002-12-31 | 41.37% |
| 2002-09-30 | 36.68% |
