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 27.75% is in line with its 5-year average of 26.95%, near the high end of its 5-year range (13.69%–31.35%).
0.02% below its 12-month average of 27.76%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
27.75%
GROSS MARGIN AVG TTM
27.76%
GROSS MARGIN AVG 3Y
27.01%
GROSS MARGIN AVG 5Y
26.95%
GROSS MARGIN AVG 10Y
28.32%
GROSS MARGIN AVG 15Y
28.61%
GROSS MARGIN AVG 20Y
28.46%
CURRENT VS TTM AVG
-0.02%
CURRENT VS 3Y AVG
+2.73%
CURRENT VS 5Y AVG
+2.96%
CURRENT VS 10Y AVG
-2.02%
CURRENT VS 15Y AVG
-3.00%
CURRENT VS 20Y AVG
-2.50%
SECTOR MEDIAN · BASIC MATERIALS
34.36%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
-19.23%
vs the sector median at left
International Paper Company
Market Cap
$19.32B
Gross Margin
27.75%
TTM Avg
27.76%
3Y Avg
27.01%
5Y Avg
26.95%
Market Cap
$20.34B
Gross Margin
26.89%
TTM Avg
27.27%
3Y Avg
28.25%
5Y Avg
28.77%
Market Cap
$20.65B
Gross Margin
42.54%
TTM Avg
36.55%
3Y Avg
41.41%
5Y Avg
37.00%
Market Cap
$20.85B
Gross Margin
13.16%
TTM Avg
10.16%
3Y Avg
11.55%
5Y Avg
12.91%
Market Cap
$17.74B
Gross Margin
34.39%
TTM Avg
30.91%
3Y Avg
30.71%
5Y Avg
30.89%
Market Cap
$21.61B
Gross Margin
29.32%
TTM Avg
29.31%
3Y Avg
38.34%
5Y Avg
36.34%
Market Cap
$21.86B
Gross Margin
37.52%
TTM Avg
36.03%
3Y Avg
34.38%
5Y Avg
35.10%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| International Paper Company (IP) | $19.32B | 27.75% | 27.76% | 27.01% | 26.95% |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.34B | 26.89% | 27.27% | 28.25% | 28.77% |
| CF Industries Holdings, Inc. (CF)vs › | $20.65B | 42.54% | 36.55% | 41.41% | 37.00% |
| LyondellBasell Industries N.V. (LYB)vs › | $20.85B | 13.16% | 10.16% | 11.55% | 12.91% |
| DuPont de Nemours, Inc. (DD)vs › | $17.74B | 34.39% | 30.91% | 30.71% | 30.89% |
| Coeur Mining, Inc. (CDE)vs › | $21.29B | 39.30% | 39.35% | 28.15% | 30.98% |
| Dow Inc. (DOW)vs › | $21.36B | 9.79% | 8.18% | 10.33% | 12.12% |
| Sociedad Química y Minera de Chile S.A. (SQM)vs › | $21.61B | 29.32% | 29.31% | 38.34% | 36.34% |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.86B | 37.52% | 36.03% | 34.38% | 35.10% |
| Royal Gold, Inc. (RGLD)vs › | $22.18B | 66.79% | 77.79% | 81.15% | 77.22% |
Gross Margin
27.8%
(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 | 27.65% |
| 2026-03-31 | 20.73% |
| 2025-12-31 | 31.35% |
| 2025-09-30 | 31.10% |
| 2025-06-30 | 27.94% |
| 2025-03-31 | 27.83% |
| 2024-12-31 | 29.04% |
| 2024-09-30 | 28.68% |
| 2024-06-30 | 29.02% |
| 2024-03-31 | 25.87% |
| 2023-12-31 | 13.69% |
| 2023-09-30 | 21.89% |
| 2023-06-30 | 23.02% |
| 2023-03-31 | 22.65% |
| 2022-12-31 | 28.54% |
| 2022-09-30 | 29.10% |
| 2022-06-30 | 29.37% |
| 2022-03-31 | 26.69% |
| 2021-12-31 | 19.55% |
| 2021-09-30 | 30.34% |
| 2021-06-30 | 28.68% |
| 2021-03-31 | 27.11% |
| 2020-12-31 | 30.16% |
| 2020-09-30 | 24.73% |
| 2020-06-30 | 23.35% |
| 2020-03-31 | 24.23% |
| 2019-12-31 | 33.32% |
| 2019-09-30 | 32.26% |
| 2019-06-30 | 31.16% |
| 2019-03-31 | 30.37% |
| 2018-12-31 | 36.18% |
| 2018-09-30 | 34.13% |
| 2018-06-30 | 32.76% |
| 2018-03-31 | 29.76% |
| 2017-12-31 | 28.94% |
| 2017-09-30 | 32.70% |
| 2017-06-30 | 30.35% |
| 2017-03-31 | 29.11% |
| 2016-12-31 | 29.25% |
| 2016-09-30 | 31.22% |
| 2016-06-30 | 22.74% |
| 2016-03-31 | 29.33% |
| 2015-12-31 | 30.83% |
| 2015-09-30 | 31.63% |
| 2015-06-30 | 30.56% |
| 2015-03-31 | 30.32% |
| 2014-12-31 | 30.93% |
| 2014-09-30 | 32.99% |
| 2014-06-30 | 31.17% |
| 2014-03-31 | 29.52% |
| 2013-12-31 | 27.22% |
| 2013-09-30 | 32.25% |
| 2013-06-30 | 26.19% |
| 2013-03-31 | 26.38% |
| 2012-12-31 | 26.60% |
| 2012-09-30 | 26.84% |
| 2012-06-30 | 25.53% |
| 2012-03-31 | 25.11% |
| 2011-12-31 | 26.78% |
| 2011-09-30 | 27.73% |
| 2011-06-30 | 26.59% |
| 2011-03-31 | 27.59% |
| 2010-12-31 | 26.96% |
| 2010-09-30 | 29.20% |
| 2010-06-30 | 26.65% |
| 2010-03-31 | 23.13% |
| 2009-12-31 | 33.91% |
| 2009-09-30 | 36.51% |
| 2009-06-30 | 34.83% |
| 2009-03-31 | 34.17% |
| 2008-12-31 | 23.28% |
| 2008-09-30 | 24.29% |
| 2008-06-30 | 25.87% |
| 2008-03-31 | 24.82% |
| 2007-12-31 | 27.38% |
| 2007-09-30 | 26.26% |
| 2007-06-30 | 26.65% |
| 2007-03-31 | 26.18% |
| 2006-12-31 | 29.66% |
| 2006-09-30 | 28.05% |
| 2006-06-30 | 25.28% |
| 2006-03-31 | 24.57% |
| 2005-12-31 | 22.95% |
| 2005-09-30 | 25.00% |
| 2005-06-30 | 25.61% |
| 2005-03-31 | 26.57% |
| 2004-12-31 | 25.97% |
| 2004-09-30 | 26.66% |
| 2004-06-30 | 25.67% |
| 2004-03-31 | 24.73% |
| 2003-12-31 | 24.56% |
| 2003-09-30 | 25.38% |
| 2003-06-30 | 25.54% |
| 2003-03-31 | 25.86% |
| 2002-12-31 | 27.00% |
| 2002-09-30 | 27.31% |