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 45.64% is 34% above its 5-year average of 33.96%, near the high end of its 5-year range (26.95%–49.31%).
1.47% below its 12-month average of 46.32%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
45.64%
GROSS MARGIN AVG TTM
46.32%
GROSS MARGIN AVG 3Y
40.14%
GROSS MARGIN AVG 5Y
33.96%
GROSS MARGIN AVG 10Y
32.87%
GROSS MARGIN AVG 15Y
36.96%
GROSS MARGIN AVG 20Y
38.16%
CURRENT VS TTM AVG
-1.47%
CURRENT VS 3Y AVG
+13.71%
CURRENT VS 5Y AVG
+34.39%
CURRENT VS 10Y AVG
+38.86%
CURRENT VS 15Y AVG
+23.48%
CURRENT VS 20Y AVG
+19.61%
SECTOR MEDIAN · BASIC MATERIALS
34.36%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+32.85%
vs the sector median at left
Market Cap
$175.63B
Gross Margin
62.26%
TTM Avg
53.20%
3Y Avg
48.86%
5Y Avg
48.78%
Market Cap
$136.25B
Gross Margin
54.52%
TTM Avg
42.20%
3Y Avg
28.07%
5Y Avg
27.14%
Market Cap
$110.22B
Gross Margin
26.85%
TTM Avg
28.23%
3Y Avg
30.36%
5Y Avg
29.31%
Market Cap
$87.89B
Gross Margin
36.65%
TTM Avg
35.81%
3Y Avg
35.26%
5Y Avg
34.71%
Market Cap
$77.70B
Gross Margin
49.07%
TTM Avg
48.70%
3Y Avg
46.55%
5Y Avg
46.05%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Linde plc (LIN) | $215.38B | 45.64% | 46.32% | 40.14% | 33.96% |
| BHP Group Limited (BHP)vs › | $234.69B | 75.58% | 78.89% | 79.90% | 81.95% |
| Southern Copper Corporation (SCCO)vs › | $175.63B | 62.26% | 53.20% | 48.86% | 48.78% |
| Rio Tinto Group (RIO)vs › | $168.14B | 28.06% | 42.24% | 44.55% | 52.38% |
| Newmont Corporation (NEM)vs › | $136.25B | 54.52% | 42.20% | 28.07% | 27.14% |
| Freeport-McMoRan Inc. (FCX)vs › | $110.22B | 26.85% | 28.23% | 30.36% | 29.31% |
| Johnson Controls International plc (JCI)vs › | $87.89B | 36.65% | 35.81% | 35.26% | 34.71% |
| The Sherwin-Williams Company (SHW)vs › | $77.70B | 49.07% | 48.70% | 46.55% | 46.05% |
| Ecolab Inc. (ECL)vs › | $76.75B | 44.11% | 43.99% | 41.63% | 41.51% |
| Barrick Mining Corporation (B)vs › | $74.64B | 56.11% | 44.83% | 37.88% | 38.89% |
Gross Margin
45.6%
(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 | 47.67% |
| 2026-03-31 | 48.49% |
| 2025-12-31 | 48.12% |
| 2025-09-30 | 38.02% |
| 2025-06-30 | 49.31% |
| 2025-03-31 | 37.54% |
| 2024-12-31 | 36.81% |
| 2024-09-30 | 36.38% |
| 2024-06-30 | 36.99% |
| 2024-03-31 | 36.23% |
| 2023-12-31 | 35.20% |
| 2023-09-30 | 35.34% |
| 2023-06-30 | 35.69% |
| 2023-03-31 | 34.35% |
| 2022-12-31 | 31.85% |
| 2022-09-30 | 32.33% |
| 2022-06-30 | 33.43% |
| 2022-03-31 | 33.11% |
| 2021-12-31 | 26.95% |
| 2021-09-30 | 27.87% |
| 2021-06-30 | 29.26% |
| 2021-03-31 | 27.93% |
| 2020-12-31 | 27.42% |
| 2020-09-30 | 27.02% |
| 2020-06-30 | 25.62% |
| 2020-03-31 | 26.03% |
| 2019-12-31 | 24.45% |
| 2019-09-30 | 26.34% |
| 2019-06-30 | 24.00% |
| 2019-03-31 | 23.11% |
| 2018-12-31 | 16.23% |
| 2018-09-30 | 33.20% |
| 2018-06-30 | 33.74% |
| 2018-03-31 | 33.89% |
| 2017-12-31 | 33.36% |
| 2017-09-30 | 33.26% |
| 2017-06-30 | 33.27% |
| 2017-03-31 | 32.84% |
| 2016-12-31 | 33.32% |
| 2016-09-30 | 33.10% |
| 2016-06-30 | 44.92% |
| 2016-03-31 | 44.96% |
| 2015-12-31 | 45.05% |
| 2015-09-30 | 44.60% |
| 2015-06-30 | 44.63% |
| 2015-03-31 | 44.50% |
| 2014-12-31 | 43.51% |
| 2014-09-30 | 43.38% |
| 2014-06-30 | 43.24% |
| 2014-03-31 | 42.96% |
| 2013-12-31 | 43.55% |
| 2013-09-30 | 43.68% |
| 2013-06-30 | 43.26% |
| 2013-03-31 | 43.28% |
| 2012-12-31 | 43.44% |
| 2012-09-30 | 42.50% |
| 2012-06-30 | 43.01% |
| 2012-03-31 | 43.10% |
| 2011-12-31 | 42.85% |
| 2011-09-30 | 41.85% |
| 2011-06-30 | 42.62% |
| 2011-03-31 | 43.15% |
| 2010-12-31 | 43.12% |
| 2010-09-30 | 43.10% |
| 2010-06-30 | 43.13% |
| 2010-03-31 | 43.12% |
| 2009-12-31 | 43.08% |
| 2009-09-30 | 44.19% |
| 2009-06-30 | 44.34% |
| 2009-03-31 | 43.71% |
| 2008-12-31 | 40.99% |
| 2008-09-30 | 39.20% |
| 2008-06-30 | 39.26% |
| 2008-03-31 | 40.11% |
| 2007-12-31 | 40.82% |
| 2007-09-30 | 41.23% |
| 2007-06-30 | 40.48% |
| 2007-03-31 | 41.06% |
| 2006-12-31 | 40.46% |
| 2006-09-30 | 40.02% |
| 2006-06-30 | 40.37% |
| 2006-03-31 | 40.42% |
| 2005-12-31 | 39.55% |
| 2005-09-30 | 39.47% |
| 2005-06-30 | 39.19% |
| 2005-03-31 | 39.30% |
| 2004-12-31 | 38.75% |
| 2004-09-30 | 39.13% |
| 2004-06-30 | 39.74% |
| 2004-03-31 | 40.69% |
| 2003-12-31 | 41.20% |
| 2003-09-30 | 41.16% |
| 2003-06-30 | 40.54% |
| 2003-03-31 | 39.87% |
| 2002-12-31 | 42.41% |
| 2002-09-30 | 42.03% |
