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 28.23% is in line with its 5-year average of 27.65%, near the high end of its 5-year range (12.68%–33.90%).
0.63% below its 12-month average of 28.41%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 25.42%.
GROSS MARGIN
28.23%
GROSS MARGIN AVG TTM
28.41%
GROSS MARGIN AVG 3Y
28.79%
GROSS MARGIN AVG 5Y
27.65%
GROSS MARGIN AVG 10Y
25.76%
GROSS MARGIN AVG 15Y
23.77%
GROSS MARGIN AVG 20Y
23.48%
CURRENT VS TTM AVG
-0.63%
CURRENT VS 3Y AVG
-1.96%
CURRENT VS 5Y AVG
+2.10%
CURRENT VS 10Y AVG
+9.60%
CURRENT VS 15Y AVG
+18.78%
CURRENT VS 20Y AVG
+20.22%
SECTOR MEDIAN · BASIC MATERIALS
34.36%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
-17.83%
vs the sector median at left
Martin Marietta Materials, Inc.
Market Cap
$29.49B
Gross Margin
28.23%
TTM Avg
28.41%
3Y Avg
28.79%
5Y Avg
27.65%
Market Cap
$31.28B
Gross Margin
27.43%
TTM Avg
27.13%
3Y Avg
25.15%
5Y Avg
25.29%
Market Cap
$31.41B
Gross Margin
21.84%
TTM Avg
19.79%
3Y Avg
26.56%
5Y Avg
27.00%
Market Cap
$33.55B
Gross Margin
14.62%
TTM Avg
14.50%
3Y Avg
19.50%
5Y Avg
20.35%
Market Cap
$23.33B
Gross Margin
40.09%
TTM Avg
39.80%
3Y Avg
39.03%
5Y Avg
39.78%
Market Cap
$21.16B
Gross Margin
37.52%
TTM Avg
36.03%
3Y Avg
34.38%
5Y Avg
35.10%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Martin Marietta Materials, Inc. (MLM) | $29.49B | 28.23% | 28.41% | 28.79% | 27.65% |
| Vulcan Materials Company (VMC)vs › | $31.28B | 27.43% | 27.13% | 25.15% | 25.29% |
| Teck Resources Limited (TECK)vs › | $31.41B | 21.84% | 19.79% | 26.56% | 27.00% |
| Steel Dynamics, Inc. (STLD)vs › | $33.55B | 14.62% | 14.50% | 19.50% | 20.35% |
| PPG Industries, Inc. (PPG)vs › | $23.33B | 40.09% | 39.80% | 39.03% | 39.78% |
| Nutrien Ltd. (NTR)vs › | $37.00B | 31.02% | 30.02% | 32.48% | 31.49% |
| Royal Gold, Inc. (RGLD)vs › | $21.26B | 66.79% | 77.79% | 81.15% | 77.22% |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.16B | 37.52% | 36.03% | 34.38% | 35.10% |
| Dow Inc. (DOW)vs › | $20.76B | 9.79% | 8.18% | 10.33% | 12.12% |
| Coeur Mining, Inc. (CDE)vs › | $20.39B | 39.30% | 39.35% | 28.15% | 30.98% |
Gross Margin
28.2%
(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 | 25.42% |
| 2026-03-31 | 22.76% |
| 2025-12-31 | 30.51% |
| 2025-09-30 | 33.32% |
| 2025-06-30 | 30.04% |
| 2025-03-31 | 24.76% |
| 2024-12-31 | 30.04% |
| 2024-09-30 | 31.71% |
| 2024-06-30 | 29.31% |
| 2024-03-31 | 21.74% |
| 2023-12-31 | 30.06% |
| 2023-09-30 | 33.90% |
| 2023-06-30 | 30.75% |
| 2023-03-31 | 22.38% |
| 2022-12-31 | 23.99% |
| 2022-09-30 | 26.92% |
| 2022-06-30 | 25.90% |
| 2022-03-31 | 12.68% |
| 2021-12-31 | 23.17% |
| 2021-09-30 | 28.38% |
| 2021-06-30 | 27.95% |
| 2021-03-31 | 17.78% |
| 2020-12-31 | 27.59% |
| 2020-09-30 | 30.61% |
| 2020-06-30 | 29.95% |
| 2020-03-31 | 14.86% |
| 2019-12-31 | 23.50% |
| 2019-09-30 | 29.62% |
| 2019-06-30 | 27.89% |
| 2019-03-31 | 15.22% |
| 2018-12-31 | 22.28% |
| 2018-09-30 | 25.66% |
| 2018-06-30 | 26.27% |
| 2018-03-31 | 13.76% |
| 2017-12-31 | 26.70% |
| 2017-09-30 | 26.82% |
| 2017-06-30 | 25.77% |
| 2017-03-31 | 17.43% |
| 2016-12-31 | 23.72% |
| 2016-09-30 | 26.57% |
| 2016-06-30 | 25.32% |
| 2016-03-31 | 18.42% |
| 2015-12-31 | 21.89% |
| 2015-09-30 | 24.26% |
| 2015-06-30 | 21.72% |
| 2015-03-31 | 10.74% |
| 2014-12-31 | 19.31% |
| 2014-09-30 | 19.49% |
| 2014-06-30 | 20.26% |
| 2014-03-31 | 6.03% |
| 2013-12-31 | 18.54% |
| 2013-09-30 | 21.51% |
| 2013-06-30 | 19.06% |
| 2013-03-31 | 3.34% |
| 2012-12-31 | 15.16% |
| 2012-09-30 | 20.94% |
| 2012-06-30 | 18.70% |
| 2012-03-31 | 6.05% |
| 2011-12-31 | 22.13% |
| 2011-09-30 | 22.27% |
| 2011-06-30 | 21.10% |
| 2011-03-31 | 6.91% |
| 2010-12-31 | 16.55% |
| 2010-09-30 | 22.34% |
| 2010-06-30 | 23.32% |
| 2010-03-31 | 5.75% |
| 2009-12-31 | 15.99% |
| 2009-09-30 | 24.13% |
| 2009-06-30 | 24.01% |
| 2009-03-31 | 12.96% |
| 2008-12-31 | 22.09% |
| 2008-09-30 | 25.32% |
| 2008-06-30 | 23.33% |
| 2008-03-31 | 16.64% |
| 2007-12-31 | 24.77% |
| 2007-09-30 | 27.19% |
| 2007-06-30 | 30.14% |
| 2007-03-31 | 20.49% |
| 2006-12-31 | 25.90% |
| 2006-09-30 | 24.81% |
| 2006-06-30 | 26.09% |
| 2006-03-31 | 17.46% |
| 2005-12-31 | 22.44% |
| 2005-09-30 | 23.92% |
| 2005-06-30 | 23.84% |
| 2005-03-31 | 12.74% |
| 2004-12-31 | 21.89% |
| 2004-09-30 | 22.47% |
| 2004-06-30 | 22.92% |
| 2004-03-31 | 10.55% |
| 2003-12-31 | 17.73% |
| 2003-09-30 | 20.35% |
| 2003-06-30 | 21.43% |
| 2003-03-31 | 6.69% |
| 2002-12-31 | 14.39% |
| 2002-09-30 | 20.57% |