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 30.17% is in line with its 5-year average of 29.54%, near the high end of its 5-year range (27.92%–30.70%).
0.09% below its 12-month average of 30.20%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 29.44%.
GROSS MARGIN
30.17%
GROSS MARGIN AVG TTM
30.20%
GROSS MARGIN AVG 3Y
29.89%
GROSS MARGIN AVG 5Y
29.54%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.09%
CURRENT VS 3Y AVG
+0.93%
CURRENT VS 5Y AVG
+2.12%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-2.44%
vs the sector median at left
Otis Worldwide Corporation
Market Cap
$26.15B
Gross Margin
30.17%
TTM Avg
30.20%
3Y Avg
29.89%
5Y Avg
29.54%
Market Cap
$24.73B
Gross Margin
15.31%
TTM Avg
14.02%
3Y Avg
13.54%
5Y Avg
13.23%
Market Cap
$24.47B
Gross Margin
36.97%
TTM Avg
38.98%
3Y Avg
38.52%
5Y Avg
38.31%
Market Cap
$28.43B
Gross Margin
37.94%
TTM Avg
41.17%
3Y Avg
40.90%
5Y Avg
39.59%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Otis Worldwide Corporation (OTIS) | $26.15B | 30.17% | 30.20% | 29.89% | 29.54% |
| Dover Corporation (DOV)vs › | $25.49B | 39.58% | 38.98% | 38.08% | 37.82% |
| Xylem Inc. (XYL)vs › | $25.12B | 39.24% | 37.98% | 37.65% | 37.69% |
| ATI Inc. (ATI)vs › | $25.06B | 23.35% | 21.37% | 20.29% | 17.15% |
| Copart, Inc. (CPRT)vs › | $27.46B | 44.66% | 44.92% | 44.94% | 45.92% |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.73B | 15.31% | 14.02% | 13.54% | 13.23% |
| nVent Electric plc (NVT)vs › | $24.47B | 36.97% | 38.98% | 38.52% | 38.31% |
| Ingersoll Rand Inc. (IR)vs › | $28.43B | 37.94% | 41.17% | 40.90% | 39.59% |
| Symbotic Inc. (SYM)vs › | $28.63B | 21.60% | 17.21% | 17.25% | 8.77% |
| Hubbell Incorporated (HUBB)vs › | $23.42B | 35.20% | 34.64% | 33.54% | 31.85% |
Gross Margin
30.2%
(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 | 29.44% |
| 2026-03-31 | 30.34% |
| 2025-12-31 | 30.22% |
| 2025-09-30 | 30.70% |
| 2025-06-30 | 30.29% |
| 2025-03-31 | 29.88% |
| 2024-12-31 | 29.17% |
| 2024-09-30 | 30.38% |
| 2024-06-30 | 29.96% |
| 2024-03-31 | 29.91% |
| 2023-12-31 | 29.50% |
| 2023-09-30 | 29.69% |
| 2023-06-30 | 29.11% |
| 2023-03-31 | 29.77% |
| 2022-12-31 | 27.92% |
| 2022-09-30 | 29.04% |
| 2022-06-30 | 28.18% |
| 2022-03-31 | 29.47% |
| 2021-12-31 | 29.11% |
| 2021-09-30 | 29.28% |
| 2021-06-30 | 29.05% |
| 2021-03-31 | 29.90% |
| 2020-12-31 | 28.97% |
| 2020-09-30 | 29.96% |
| 2020-06-30 | 29.42% |
| 2020-03-31 | 30.24% |
| 2019-12-31 | 28.81% |
| 2019-09-30 | 29.43% |
| 2019-06-30 | 29.36% |
| 2019-03-31 | 29.06% |