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 20.06% is in line with its 5-year average of 20.59%, near the high end of its 5-year range (4.56%–22.33%).
1.34% below its 12-month average of 20.33%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 19.50%.
GROSS MARGIN
20.06%
GROSS MARGIN AVG TTM
20.33%
GROSS MARGIN AVG 3Y
20.50%
GROSS MARGIN AVG 5Y
20.59%
GROSS MARGIN AVG 10Y
21.30%
GROSS MARGIN AVG 15Y
21.68%
GROSS MARGIN AVG 20Y
20.80%
CURRENT VS TTM AVG
-1.34%
CURRENT VS 3Y AVG
-2.14%
CURRENT VS 5Y AVG
-2.59%
CURRENT VS 10Y AVG
-5.83%
CURRENT VS 15Y AVG
-7.46%
CURRENT VS 20Y AVG
-3.54%
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-35.13%
vs the sector median at left
Northrop Grumman Corporation
Market Cap
$72.53B
Gross Margin
20.06%
TTM Avg
20.33%
3Y Avg
20.50%
5Y Avg
20.59%
Market Cap
$73.15B
Gross Margin
44.43%
TTM Avg
42.87%
3Y Avg
42.87%
5Y Avg
42.52%
Market Cap
$70.30B
Gross Margin
42.43%
TTM Avg
36.74%
3Y Avg
33.43%
5Y Avg
34.60%
Market Cap
$76.40B
Gross Margin
53.42%
TTM Avg
52.84%
3Y Avg
52.27%
5Y Avg
53.99%
Market Cap
$67.37B
Gross Margin
36.57%
TTM Avg
37.70%
3Y Avg
37.47%
5Y Avg
36.30%
Market Cap
$78.92B
Gross Margin
44.16%
TTM Avg
43.88%
3Y Avg
42.30%
5Y Avg
41.61%
Market Cap
$65.26B
Gross Margin
39.09%
TTM Avg
36.26%
3Y Avg
32.67%
5Y Avg
33.29%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northrop Grumman Corporation (NOC) | $72.53B | 20.06% | 20.33% | 20.50% | 20.59% |
| Cummins Inc. (CMI)vs › | $72.45B | 25.32% | 25.02% | 24.55% | 24.43% |
| Canadian National Railway Company (CNI)vs › | $73.15B | 44.43% | 42.87% | 42.87% | 42.52% |
| Norfolk Southern Corporation (NSC)vs › | $70.30B | 42.43% | 36.74% | 33.43% | 34.60% |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $76.40B | 53.42% | 52.84% | 52.27% | 53.99% |
| FedEx Corporation (FDX)vs › | $67.63B | 22.90% | 21.69% | 21.56% | 21.51% |
| Honeywell International Inc. (HON)vs › | $67.37B | 36.57% | 37.70% | 37.47% | 36.30% |
| Illinois Tool Works Inc. (ITW)vs › | $78.92B | 44.16% | 43.88% | 42.30% | 41.61% |
| Republic Services, Inc. (RSG)vs › | $65.26B | 39.09% | 36.26% | 32.67% | 33.29% |
| United Parcel Service, Inc. (UPS)vs › | $79.80B | 16.63% | 18.42% | 19.11% | 20.03% |
Gross Margin
20.1%
(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 | 19.50% |
| 2026-03-31 | 19.84% |
| 2025-12-31 | 19.60% |
| 2025-09-30 | 21.37% |
| 2025-06-30 | 21.35% |
| 2025-03-31 | 16.69% |
| 2024-12-31 | 18.08% |
| 2024-09-30 | 21.07% |
| 2024-06-30 | 21.44% |
| 2024-03-31 | 21.05% |
| 2023-12-31 | 4.56% |
| 2023-09-30 | 20.88% |
| 2023-06-30 | 21.30% |
| 2023-03-31 | 21.34% |
| 2022-12-31 | 18.18% |
| 2022-09-30 | 20.27% |
| 2022-06-30 | 22.26% |
| 2022-03-31 | 21.29% |
| 2021-12-31 | 17.95% |
| 2021-09-30 | 22.18% |
| 2021-06-30 | 22.33% |
| 2021-03-31 | 19.00% |
| 2020-12-31 | 20.47% |
| 2020-09-30 | 20.26% |
| 2020-06-30 | 20.55% |
| 2020-03-31 | 19.98% |
| 2019-12-31 | 24.15% |
| 2019-09-30 | 20.38% |
| 2019-06-30 | 20.46% |
| 2019-03-31 | 20.71% |
| 2018-12-31 | 20.46% |
| 2018-09-30 | 24.68% |
| 2018-06-30 | 21.94% |
| 2018-03-31 | 23.24% |
| 2017-12-31 | 21.30% |
| 2017-09-30 | 23.15% |
| 2017-06-30 | 23.86% |
| 2017-03-31 | 24.08% |
| 2016-12-31 | 23.09% |
| 2016-09-30 | 24.18% |
| 2016-06-30 | 23.62% |
| 2016-03-31 | 23.42% |
| 2015-12-31 | 23.11% |
| 2015-09-30 | 24.37% |
| 2015-06-30 | 24.66% |
| 2015-03-31 | 23.75% |
| 2014-12-31 | 23.82% |
| 2014-09-30 | 22.54% |
| 2014-06-30 | 23.35% |
| 2014-03-31 | 23.72% |
| 2013-12-31 | 21.59% |
| 2013-09-30 | 22.03% |
| 2013-06-30 | 22.05% |
| 2013-03-31 | 21.58% |
| 2012-12-31 | 24.10% |
| 2012-09-30 | 20.86% |
| 2012-06-30 | 21.58% |
| 2012-03-31 | 21.89% |
| 2011-12-31 | 22.07% |
| 2011-09-30 | 21.39% |
| 2011-06-30 | 21.30% |
| 2011-03-31 | 20.48% |
| 2010-12-31 | 18.62% |
| 2010-09-30 | 17.51% |
| 2010-06-30 | 16.84% |
| 2010-03-31 | 17.80% |
| 2009-12-31 | 17.69% |
| 2009-09-30 | 16.31% |
| 2009-06-30 | 15.93% |
| 2009-03-31 | 16.88% |
| 2008-12-31 | 19.97% |
| 2008-09-30 | 18.57% |
| 2008-06-30 | 18.58% |
| 2008-03-31 | 15.56% |
| 2007-12-31 | 18.61% |
| 2007-09-30 | 20.16% |
| 2007-06-30 | 19.78% |
| 2007-03-31 | 19.01% |
| 2006-12-31 | 17.80% |
| 2006-09-30 | 17.93% |
| 2006-06-30 | 19.02% |
| 2006-03-31 | 17.96% |
| 2005-12-31 | 18.31% |
| 2005-09-30 | 14.96% |
| 2005-06-30 | 16.59% |
| 2005-03-31 | 16.87% |
| 2004-12-31 | 16.42% |
| 2004-09-30 | 15.94% |
| 2004-06-30 | 14.81% |
| 2004-03-31 | 14.96% |
| 2003-12-31 | 14.10% |
| 2003-09-30 | 15.70% |
| 2003-06-30 | 14.21% |
| 2003-03-31 | 15.39% |
| 2002-12-31 | 18.28% |
| 2002-09-30 | 18.37% |
