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 37.07% is in line with its 5-year average of 37.42%, around the middle of its 5-year range (33.40%–42.54%).
0.56% above its 12-month average of 36.86%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 39.27%.
GROSS MARGIN
37.07%
GROSS MARGIN AVG TTM
36.86%
GROSS MARGIN AVG 3Y
37.08%
GROSS MARGIN AVG 5Y
37.42%
GROSS MARGIN AVG 10Y
36.81%
GROSS MARGIN AVG 15Y
37.82%
GROSS MARGIN AVG 20Y
36.82%
CURRENT VS TTM AVG
+0.56%
CURRENT VS 3Y AVG
-0.02%
CURRENT VS 5Y AVG
-0.93%
CURRENT VS 10Y AVG
+0.71%
CURRENT VS 15Y AVG
-1.98%
CURRENT VS 20Y AVG
+0.67%
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+19.87%
vs the sector median at left
United Rentals, Inc.
Market Cap
$65.17B
Gross Margin
37.07%
TTM Avg
36.86%
3Y Avg
37.08%
5Y Avg
37.42%
Market Cap
$65.26B
Gross Margin
39.09%
TTM Avg
36.26%
3Y Avg
32.67%
5Y Avg
33.29%
Market Cap
$67.37B
Gross Margin
36.57%
TTM Avg
37.70%
3Y Avg
37.47%
5Y Avg
36.30%
Market Cap
$62.43B
Gross Margin
59.57%
TTM Avg
59.49%
3Y Avg
58.60%
5Y Avg
56.44%
Market Cap
$70.30B
Gross Margin
42.43%
TTM Avg
36.74%
3Y Avg
33.43%
5Y Avg
34.60%
Market Cap
$58.69B
Gross Margin
39.40%
TTM Avg
39.01%
3Y Avg
38.96%
5Y Avg
38.00%
Market Cap
$58.38B
Gross Margin
25.67%
TTM Avg
22.57%
3Y Avg
20.52%
5Y Avg
19.92%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Rentals, Inc. (URI) | $65.17B | 37.07% | 36.86% | 37.08% | 37.42% |
| Republic Services, Inc. (RSG)vs › | $65.26B | 39.09% | 36.26% | 32.67% | 33.29% |
| Honeywell International Inc. (HON)vs › | $67.37B | 36.57% | 37.70% | 37.47% | 36.30% |
| FedEx Corporation (FDX)vs › | $67.63B | 22.90% | 21.69% | 21.56% | 21.51% |
| TransDigm Group Incorporated (TDG)vs › | $62.43B | 59.57% | 59.49% | 58.60% | 56.44% |
| Norfolk Southern Corporation (NSC)vs › | $70.30B | 42.43% | 36.74% | 33.43% | 34.60% |
| W.W. Grainger, Inc. (GWW)vs › | $58.69B | 39.40% | 39.01% | 38.96% | 38.00% |
| PACCAR Inc (PCAR)vs › | $58.59B | 14.86% | 18.08% | 19.00% | 18.78% |
| Comfort Systems USA, Inc. (FIX)vs › | $58.38B | 25.67% | 22.57% | 20.52% | 19.92% |
| Cummins Inc. (CMI)vs › | $72.45B | 25.32% | 25.02% | 24.55% | 24.43% |
Gross Margin
37.1%
(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 | 39.27% |
| 2026-03-31 | 36.86% |
| 2025-12-31 | 35.24% |
| 2025-09-30 | 36.79% |
| 2025-06-30 | 36.14% |
| 2025-03-31 | 33.40% |
| 2024-12-31 | 37.19% |
| 2024-09-30 | 38.55% |
| 2024-06-30 | 37.34% |
| 2024-03-31 | 35.64% |
| 2023-12-31 | 39.16% |
| 2023-09-30 | 39.26% |
| 2023-06-30 | 37.17% |
| 2023-03-31 | 34.19% |
| 2022-12-31 | 42.54% |
| 2022-09-30 | 41.82% |
| 2022-06-30 | 38.22% |
| 2022-03-31 | 35.46% |
| 2021-12-31 | 38.47% |
| 2021-09-30 | 38.71% |
| 2021-06-30 | 34.32% |
| 2021-03-31 | 30.29% |
| 2020-12-31 | 33.96% |
| 2020-09-30 | 36.53% |
| 2020-06-30 | 31.25% |
| 2020-03-31 | 29.51% |
| 2019-12-31 | 35.38% |
| 2019-09-30 | 37.42% |
| 2019-06-30 | 35.20% |
| 2019-03-31 | 31.03% |
| 2018-12-31 | 39.16% |
| 2018-09-30 | 40.78% |
| 2018-06-30 | 37.81% |
| 2018-03-31 | 33.16% |
| 2017-12-31 | 39.59% |
| 2017-09-30 | 40.43% |
| 2017-06-30 | 37.32% |
| 2017-03-31 | 33.70% |
| 2016-12-31 | 39.46% |
| 2016-09-30 | 39.92% |
| 2016-06-30 | 41.52% |
| 2016-03-31 | 38.17% |
| 2015-12-31 | 42.55% |
| 2015-09-30 | 44.52% |
| 2015-06-30 | 43.25% |
| 2015-03-31 | 39.85% |
| 2014-12-31 | 45.20% |
| 2014-09-30 | 44.56% |
| 2014-06-30 | 42.10% |
| 2014-03-31 | 38.03% |
| 2013-12-31 | 42.38% |
| 2013-09-30 | 43.02% |
| 2013-06-30 | 39.05% |
| 2013-03-31 | 35.00% |
| 2012-12-31 | 39.63% |
| 2012-09-30 | 41.43% |
| 2012-06-30 | 37.66% |
| 2012-03-31 | 32.47% |
| 2011-12-31 | 36.86% |
| 2011-09-30 | 38.43% |
| 2011-06-30 | 33.55% |
| 2011-03-31 | 26.39% |
| 2010-12-31 | 29.31% |
| 2010-09-30 | 34.55% |
| 2010-06-30 | 30.70% |
| 2010-03-31 | 21.55% |
| 2009-12-31 | 26.03% |
| 2009-09-30 | 30.41% |
| 2009-06-30 | 22.93% |
| 2009-03-31 | 24.24% |
| 2008-12-31 | 29.96% |
| 2008-09-30 | 38.37% |
| 2008-06-30 | 34.06% |
| 2008-03-31 | 32.12% |
| 2007-12-31 | 36.45% |
| 2007-09-30 | 38.13% |
| 2007-06-30 | 34.27% |
| 2007-03-31 | 30.80% |
| 2006-12-31 | 43.42% |
| 2006-09-30 | 36.45% |
| 2006-06-30 | 33.97% |
| 2006-03-31 | 41.73% |
| 2005-12-31 | 44.24% |
| 2005-09-30 | 45.92% |
| 2005-06-30 | 42.57% |
| 2005-03-31 | 40.44% |
| 2004-12-31 | 45.69% |
| 2004-09-30 | 43.87% |
| 2004-06-30 | 42.92% |
| 2004-03-31 | 39.53% |
| 2003-12-31 | 39.89% |
| 2003-09-30 | 42.76% |
| 2003-06-30 | 41.96% |
| 2003-03-31 | 39.66% |
| 2002-12-31 | 41.89% |
| 2002-09-30 | 42.13% |