Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 64.61% is 15% below its 5-year average of 76.16%, around the middle of its 5-year range (54.20%–87.21%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.63% below its 12-month average of 68.46%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
64.61%
GROSS MARGIN AVG TTM
68.46%
GROSS MARGIN AVG 3Y
75.65%
GROSS MARGIN AVG 5Y
76.16%
GROSS MARGIN AVG 10Y
79.91%
GROSS MARGIN AVG 15Y
82.37%
GROSS MARGIN AVG 20Y
85.21%
CURRENT VS TTM AVG
-5.63%
CURRENT VS 3Y AVG
-14.60%
CURRENT VS 5Y AVG
-15.17%
CURRENT VS 10Y AVG
-19.15%
CURRENT VS 15Y AVG
-21.57%
CURRENT VS 20Y AVG
-24.18%
SECTOR MEDIAN · BASIC MATERIALS
34.32%
median of 45 covered companies
CURRENT VS SECTOR MEDIAN
+88.25%
vs the sector median at left
Market Cap
$21.86B
Gross Margin
37.52%
TTM Avg
36.03%
3Y Avg
34.38%
5Y Avg
35.10%
Market Cap
$21.67B
Gross Margin
27.75%
TTM Avg
28.84%
3Y Avg
26.63%
5Y Avg
26.48%
Market Cap
$23.51B
Gross Margin
30.58%
TTM Avg
28.64%
3Y Avg
22.92%
5Y Avg
16.65%
Market Cap
$20.96B
Gross Margin
13.16%
TTM Avg
10.16%
3Y Avg
11.55%
5Y Avg
12.91%
Market Cap
$19.75B
Gross Margin
42.54%
TTM Avg
36.55%
3Y Avg
41.41%
5Y Avg
37.00%
Market Cap
$19.45B
Gross Margin
26.89%
TTM Avg
27.27%
3Y Avg
28.25%
5Y Avg
28.77%
Market Cap
$25.17B
Gross Margin
40.09%
TTM Avg
39.80%
3Y Avg
39.03%
5Y Avg
39.78%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Royal Gold, Inc. (RGLD) | $22.27B | 64.61% | 68.46% | 75.65% | 76.16% |
| Dow Inc. (DOW)vs › | $22.65B | 9.79% | 8.18% | 10.33% | 12.12% |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.86B | 37.52% | 36.03% | 34.38% | 35.10% |
| International Paper Company (IP)vs › | $21.67B | 27.75% | 28.84% | 26.63% | 26.48% |
| Carpenter Technology Corporation (CRS)vs › | $23.51B | 30.58% | 28.64% | 22.92% | 16.65% |
| LyondellBasell Industries N.V. (LYB)vs › | $20.96B | 13.16% | 10.16% | 11.55% | 12.91% |
| CF Industries Holdings, Inc. (CF)vs › | $19.75B | 42.54% | 36.55% | 41.41% | 37.00% |
| Reliance Steel & Aluminum Co. (RS)vs › | $19.45B | 26.89% | 27.27% | 28.25% | 28.77% |
| PPG Industries, Inc. (PPG)vs › | $25.17B | 40.09% | 39.80% | 39.03% | 39.78% |
| DuPont de Nemours, Inc. (DD)vs › | $18.45B | 34.39% | 30.91% | 30.71% | 30.89% |
Gross Margin
64.6%
(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 | 64.61% |
| 2026-03-31 | 67.07% |
| 2025-12-31 | 64.54% |
| 2025-09-30 | 73.53% |
| 2025-06-30 | 72.56% |
| 2025-03-31 | 87.21% |
| 2024-12-31 | 70.28% |
| 2024-09-30 | 85.86% |
| 2024-06-30 | 85.99% |
| 2024-03-31 | 85.25% |
| 2023-12-31 | 58.58% |
| 2023-09-30 | 84.41% |
| 2023-06-30 | 83.63% |
| 2023-03-31 | 85.14% |
| 2022-12-31 | 84.46% |
| 2022-09-30 | 82.18% |
| 2022-06-30 | 83.58% |
| 2022-03-31 | 85.86% |
| 2021-12-31 | 84.90% |
| 2021-09-30 | 54.20% |
| 2021-06-30 | 55.45% |
| 2021-03-31 | 84.75% |
| 2020-12-31 | 53.14% |
| 2020-09-30 | 52.64% |
| 2020-06-30 | 44.13% |
| 2020-03-31 | 83.80% |
| 2019-12-31 | 82.82% |
| 2019-09-30 | 82.91% |
| 2019-06-30 | 79.29% |
| 2019-03-31 | 82.46% |
| 2018-12-31 | 81.21% |
| 2018-09-30 | 83.26% |
| 2018-06-30 | 80.77% |
| 2018-03-31 | 81.53% |
| 2017-12-31 | 82.54% |
| 2017-09-30 | 81.76% |
| 2017-06-30 | 81.86% |
| 2017-03-31 | 78.97% |
| 2016-12-31 | 78.87% |
| 2016-09-30 | 80.70% |
| 2016-06-30 | 79.70% |
| 2016-03-31 | 80.63% |
| 2015-12-31 | 76.76% |
| 2015-09-30 | 84.18% |
| 2015-06-30 | 86.21% |
| 2015-03-31 | 85.59% |
| 2014-12-31 | 89.53% |
| 2014-09-30 | 90.09% |
| 2014-06-30 | 90.83% |
| 2014-03-31 | 96.54% |
| 2013-12-31 | 98.17% |
| 2013-09-30 | 100.00% |
| 2013-06-30 | 100.00% |
| 2013-03-31 | 100.00% |
| 2012-12-31 | 100.00% |
| 2012-09-30 | 100.00% |
| 2012-06-30 | -27.69% |
| 2012-03-31 | 67.96% |
| 2011-12-31 | 64.61% |
| 2011-09-30 | 69.95% |
| 2011-06-30 | 99.40% |
| 2011-03-31 | 95.32% |
| 2010-12-31 | 94.44% |
| 2010-09-30 | 98.77% |
| 2010-06-30 | 93.81% |
| 2010-03-31 | 94.60% |
| 2009-12-31 | 87.14% |
| 2009-09-30 | 92.01% |
| 2009-06-30 | 92.97% |
| 2009-03-31 | 90.93% |
| 2008-12-31 | 89.22% |
| 2008-09-30 | 90.54% |
| 2008-06-30 | 91.87% |
| 2008-03-31 | 90.27% |
| 2007-12-31 | 81.33% |
| 2007-09-30 | 88.19% |
| 2007-06-30 | 86.72% |
| 2007-03-31 | 87.59% |
| 2006-12-31 | 89.32% |
| 2006-09-30 | 89.06% |
| 2006-06-30 | 82.59% |
| 2006-03-31 | 70.73% |
| 2005-12-31 | 78.30% |
| 2005-09-30 | 86.46% |
| 2005-06-30 | 88.08% |
| 2005-03-31 | 86.49% |
| 2004-12-31 | 91.39% |
| 2004-09-30 | 92.25% |
| 2004-06-30 | 93.09% |
| 2004-03-31 | 93.04% |
| 2003-12-31 | 93.17% |
| 2003-09-30 | 91.98% |
| 2003-06-30 | 92.37% |
| 2003-03-31 | 91.37% |
| 2002-12-31 | 89.89% |
| 2002-09-30 | 89.31% |
