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 42.25% is in line with its 5-year average of 41.17%, near the high end of its 5-year range (29.07%–42.77%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.26% above its 12-month average of 39.76%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
42.25%
GROSS MARGIN AVG TTM
39.76%
GROSS MARGIN AVG 3Y
41.88%
GROSS MARGIN AVG 5Y
41.17%
GROSS MARGIN AVG 10Y
41.12%
GROSS MARGIN AVG 15Y
42.08%
GROSS MARGIN AVG 20Y
41.92%
CURRENT VS TTM AVG
+6.26%
CURRENT VS 3Y AVG
+0.89%
CURRENT VS 5Y AVG
+2.64%
CURRENT VS 10Y AVG
+2.76%
CURRENT VS 15Y AVG
+0.41%
CURRENT VS 20Y AVG
+0.80%
SECTOR MEDIAN · INDUSTRIALS
31.71%
median of 146 covered companies
CURRENT VS SECTOR MEDIAN
+33.25%
vs the sector median at left
Waste Connections, Inc.
Market Cap
$41.76B
Gross Margin
42.25%
TTM Avg
39.76%
3Y Avg
41.88%
5Y Avg
41.17%
Market Cap
$41.61B
Gross Margin
31.70%
TTM Avg
33.47%
3Y Avg
34.58%
5Y Avg
33.78%
Market Cap
$39.09B
Gross Margin
37.26%
TTM Avg
30.53%
3Y Avg
22.77%
5Y Avg
9.07%
Market Cap
$45.74B
Gross Margin
75.80%
TTM Avg
75.56%
3Y Avg
76.06%
5Y Avg
76.66%
Market Cap
$36.48B
Gross Margin
65.06%
TTM Avg
49.08%
3Y Avg
37.53%
5Y Avg
20.05%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waste Connections, Inc. (WCN) | $41.76B | 42.25% | 39.76% | 41.88% | 41.17% |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $41.61B | 31.70% | 33.47% | 34.58% | 33.78% |
| Ferrovial SE (FER)vs › | $42.63B | 87.44% | 87.22% | 86.03% | 85.20% |
| Rocket Lab USA, Inc. (RKLB)vs › | $39.09B | 37.26% | 30.53% | 22.77% | 9.07% |
| Paychex, Inc. (PAYX)vs › | $44.99B | 74.29% | 73.32% | 72.40% | 71.47% |
| Ferguson plc (FERG)vs › | $45.24B | 30.55% | 30.83% | 30.64% | 30.64% |
| Thomson Reuters Corporation (TRI)vs › | $45.74B | 75.80% | 75.56% | 76.06% | 76.66% |
| HEICO Corporation (HEI)vs › | $46.95B | 40.40% | 40.82% | 41.56% | 41.79% |
| United Airlines Holdings, Inc. (UAL)vs › | $36.48B | 65.06% | 49.08% | 37.53% | 20.05% |
| Rockwell Automation, Inc. (ROK)vs › | $48.18B | 54.53% | 46.33% | 43.42% | 43.59% |
Gross Margin
42.3%
(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 | 42.25% |
| 2026-03-31 | 42.58% |
| 2025-12-31 | 29.07% |
| 2025-09-30 | 42.77% |
| 2025-06-30 | 42.13% |
| 2025-03-31 | 42.04% |
| 2024-12-31 | 41.39% |
| 2024-09-30 | 42.52% |
| 2024-06-30 | 42.13% |
| 2024-03-31 | 41.05% |
| 2023-12-31 | 41.26% |
| 2023-09-30 | 41.66% |
| 2023-06-30 | 40.76% |
| 2023-03-31 | 39.65% |
| 2022-12-31 | 39.12% |
| 2022-09-30 | 40.39% |
| 2022-06-30 | 40.11% |
| 2022-03-31 | 39.89% |
| 2021-12-31 | 39.61% |
| 2021-09-30 | 40.76% |
| 2021-06-30 | 41.25% |
| 2021-03-31 | 40.83% |
| 2020-12-31 | 39.43% |
| 2020-09-30 | 40.35% |
| 2020-06-30 | 39.83% |
| 2020-03-31 | 39.71% |
| 2019-12-31 | 40.22% |
| 2019-09-30 | 40.88% |
| 2019-06-30 | 40.44% |
| 2019-03-31 | 41.05% |
| 2018-12-31 | 40.97% |
| 2018-09-30 | 42.54% |
| 2018-06-30 | 41.53% |
| 2018-03-31 | 42.13% |
| 2017-12-31 | 41.20% |
| 2017-09-30 | 42.38% |
| 2017-06-30 | 41.65% |
| 2017-03-31 | 41.04% |
| 2016-12-31 | 41.07% |
| 2016-09-30 | 41.35% |
| 2016-06-30 | 42.79% |
| 2016-03-31 | 44.20% |
| 2015-12-31 | 43.99% |
| 2015-09-30 | 45.08% |
| 2015-06-30 | 44.02% |
| 2015-03-31 | 44.45% |
| 2014-12-31 | 44.79% |
| 2014-09-30 | 45.50% |
| 2014-06-30 | 45.31% |
| 2014-03-31 | 45.39% |
| 2013-12-31 | 44.38% |
| 2013-09-30 | 45.57% |
| 2013-06-30 | 45.14% |
| 2013-03-31 | 43.99% |
| 2012-12-31 | 42.51% |
| 2012-09-30 | 42.85% |
| 2012-06-30 | 41.95% |
| 2012-03-31 | 42.44% |
| 2011-12-31 | 42.05% |
| 2011-09-30 | 43.42% |
| 2011-06-30 | 43.14% |
| 2011-03-31 | 43.56% |
| 2010-12-31 | 42.99% |
| 2010-09-30 | 44.00% |
| 2010-06-30 | 43.31% |
| 2010-03-31 | 42.45% |
| 2009-12-31 | 41.40% |
| 2009-09-30 | 42.90% |
| 2009-06-30 | 41.98% |
| 2009-03-31 | 41.10% |
| 2008-12-31 | 40.47% |
| 2008-09-30 | 39.66% |
| 2008-06-30 | 40.13% |
| 2008-03-31 | 40.42% |
| 2007-12-31 | 39.51% |
| 2007-09-30 | 41.86% |
| 2007-06-30 | 41.28% |
| 2007-03-31 | 41.14% |
| 2006-12-31 | 40.94% |
| 2006-09-30 | 40.56% |
| 2006-06-30 | 38.84% |
| 2006-03-31 | 40.55% |
| 2005-12-31 | 41.06% |
| 2005-09-30 | 42.75% |
| 2005-06-30 | 42.52% |
| 2005-03-31 | 42.43% |
| 2004-12-31 | 40.57% |
| 2004-09-30 | 44.39% |
| 2004-06-30 | 43.39% |
| 2004-03-31 | 43.01% |
| 2003-12-31 | 43.21% |
| 2003-09-30 | 43.63% |
| 2003-06-30 | 44.25% |
| 2003-03-31 | 44.09% |
| 2002-12-31 | 42.91% |
| 2002-09-30 | 43.70% |
