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 59.38% is 31% above its 5-year average of 45.42%, near the high end of its 5-year range (42.85%–59.38%).
30.11% above its 12-month average of 45.64%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 45.53%.
GROSS MARGIN
59.38%
GROSS MARGIN AVG TTM
45.64%
GROSS MARGIN AVG 3Y
45.38%
GROSS MARGIN AVG 5Y
45.42%
GROSS MARGIN AVG 10Y
44.62%
GROSS MARGIN AVG 15Y
43.32%
GROSS MARGIN AVG 20Y
44.16%
CURRENT VS TTM AVG
+30.11%
CURRENT VS 3Y AVG
+30.85%
CURRENT VS 5Y AVG
+30.74%
CURRENT VS 10Y AVG
+33.07%
CURRENT VS 15Y AVG
+37.07%
CURRENT VS 20Y AVG
+34.48%
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+92.01%
vs the sector median at left
Union Pacific Corporation
Market Cap
$169.33B
Gross Margin
59.38%
TTM Avg
45.64%
3Y Avg
45.38%
5Y Avg
45.42%
Market Cap
$160.92B
Gross Margin
29.12%
TTM Avg
25.72%
3Y Avg
23.45%
5Y Avg
20.42%
Market Cap
$158.61B
Gross Margin
35.90%
TTM Avg
37.89%
3Y Avg
36.35%
5Y Avg
34.68%
Market Cap
$187.96B
Gross Margin
42.08%
TTM Avg
42.36%
3Y Avg
41.16%
5Y Avg
40.51%
Market Cap
$140.68B
Gross Margin
20.74%
TTM Avg
15.09%
3Y Avg
11.10%
5Y Avg
10.70%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Union Pacific Corporation (UNP) | $169.33B | 59.38% | 45.64% | 45.38% | 45.42% |
| ABB Ltd (ABBNY)vs › | $173.54B | 40.06% | 39.21% | 36.55% | 34.84% |
| The Boeing Company (BA)vs › | $163.26B | 4.68% | 0.90% | 4.26% | 2.03% |
| Rolls-Royce Holdings plc (RYCEY)vs › | $160.92B | 29.12% | 25.72% | 23.45% | 20.42% |
| Eaton Corporation plc (ETN)vs › | $158.61B | 35.90% | 37.89% | 36.35% | 34.68% |
| Deere & Company (DE)vs › | $182.23B | 35.74% | 36.48% | 37.36% | 34.93% |
| Safran S.A. (SAFRY)vs › | $154.49B | 14.34% | 31.11% | 30.21% | 22.30% |
| Schneider Electric S.E. (SBGSY)vs › | $187.96B | 42.08% | 42.36% | 41.16% | 40.51% |
| Siemens Energy AG (SMEGF)vs › | $140.68B | 20.74% | 15.09% | 11.10% | 10.70% |
| Lockheed Martin Corporation (LMT)vs › | $121.80B | 11.80% | 9.95% | 11.25% | 11.96% |
Gross Margin
59.4%
(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 | 45.53% |
| 2026-03-31 | 45.21% |
| 2025-12-31 | 44.88% |
| 2025-09-30 | 46.46% |
| 2025-06-30 | 46.10% |
| 2025-03-31 | 45.30% |
| 2024-12-31 | 45.84% |
| 2024-09-30 | 45.48% |
| 2024-06-30 | 45.41% |
| 2024-03-31 | 45.12% |
| 2023-12-31 | 44.94% |
| 2023-09-30 | 43.01% |
| 2023-06-30 | 42.85% |
| 2023-03-31 | 43.77% |
| 2022-12-31 | 43.90% |
| 2022-09-30 | 44.96% |
| 2022-06-30 | 45.08% |
| 2022-03-31 | 46.31% |
| 2021-12-31 | 47.83% |
| 2021-09-30 | 48.54% |
| 2021-06-30 | 50.09% |
| 2021-03-31 | 46.25% |
| 2020-12-31 | 49.00% |
| 2020-09-30 | 47.37% |
| 2020-06-30 | 44.51% |
| 2020-03-31 | 46.68% |
| 2019-12-31 | 44.72% |
| 2019-09-30 | 45.52% |
| 2019-06-30 | 44.80% |
| 2019-03-31 | 42.07% |
| 2018-12-31 | 42.23% |
| 2018-09-30 | 43.12% |
| 2018-06-30 | 41.38% |
| 2018-03-31 | 40.27% |
| 2017-12-31 | 45.69% |
| 2017-09-30 | 41.46% |
| 2017-06-30 | 42.36% |
| 2017-03-31 | 40.00% |
| 2016-12-31 | 42.53% |
| 2016-09-30 | 43.12% |
| 2016-06-30 | 39.92% |
| 2016-03-31 | 40.09% |
| 2015-12-31 | 41.34% |
| 2015-09-30 | 43.38% |
| 2015-06-30 | 40.04% |
| 2015-03-31 | 39.83% |
| 2014-12-31 | 42.27% |
| 2014-09-30 | 41.60% |
| 2014-06-30 | 40.30% |
| 2014-03-31 | 36.89% |
| 2013-12-31 | 38.38% |
| 2013-09-30 | 38.88% |
| 2013-06-30 | 38.34% |
| 2013-03-31 | 35.35% |
| 2012-12-31 | 36.32% |
| 2012-09-30 | 67.77% |
| 2012-06-30 | 67.00% |
| 2012-03-31 | 65.81% |
| 2011-12-31 | 66.09% |
| 2011-09-30 | 66.38% |
| 2011-06-30 | 64.94% |
| 2011-03-31 | 64.30% |
| 2010-12-31 | 67.53% |
| 2010-09-30 | 82.28% |
| 2010-06-30 | 80.92% |
| 2010-03-31 | 81.72% |
| 2009-12-31 | 67.29% |
| 2009-09-30 | 68.43% |
| 2009-06-30 | 86.25% |
| 2009-03-31 | 86.30% |
| 2008-12-31 | 64.77% |
| 2008-09-30 | 59.93% |
| 2008-06-30 | 56.41% |
| 2008-03-31 | 44.92% |
| 2007-12-31 | 89.04% |
| 2007-09-30 | 49.94% |
| 2007-06-30 | 47.13% |
| 2007-03-31 | 48.61% |
| 2006-12-31 | 96.24% |
| 2006-09-30 | 46.52% |
| 2006-06-30 | 45.73% |
| 2006-03-31 | 45.01% |
| 2005-12-31 | 93.92% |
| 2005-09-30 | 43.69% |
| 2005-06-30 | 44.71% |
| 2005-03-31 | 42.77% |
| 2004-12-31 | 101.77% |
| 2004-09-30 | 45.48% |
| 2004-06-30 | 43.64% |
| 2004-03-31 | 43.97% |
| 2003-12-31 | 107.66% |
| 2003-09-30 | 51.69% |
| 2003-06-30 | 52.36% |
| 2003-03-31 | 48.62% |
| 2002-12-31 | 109.71% |
| 2002-09-30 | 53.83% |